I am not sure I should be doing this, but as long as Nick keeps his guns in the holsters I say go for it. — Sir2u
And any way you are helping the economy to grow by spending your money. Service sector jobs are important!Who knows? We might win a boatload of money! There is always a chance.... (Y) — ArguingWAristotleTiff
That's wrong. The economy doesn't grow because of consumption, it grows because of production. Consumption is destructive of the value that is created actually. So only if that money goes towards a productive activity that creates value, only then does the economy grow.And any way you are helping the economy to grow by spending your money. — ssu
I'm pretty sure that Tiff won't be using money that is debt, but that her hard earned savings. (Or I assume that is the case)That's wrong. The economy doesn't grow because of consumption, it grows because of production. — Agustino
:'OHey! You can't post in this thread! Shooo! — Lone Wolf
That's irrelevant.I'm pretty sure that Tiff won't be using money that is debt, but that her hard earned savings. (Or I assume that is the case) — ssu
:s - a job that doesn't produce anything useful, but merely involves consumption of goods that others produce isn't useful to the economy. Quite the contrary - take a job in financial speculation on Wall Street for instance.A job in the service sector does grow the economy just like a job in a factory. If Tiff helps people be employed by casinos, that's great. — ssu
Sorry, but you don't make sense.a job that doesn't produce anything useful, but merely involves consumption of goods that others produce isn't useful to the economy. Quite the contrary - take a job in financial speculation on Wall Street for instance.
There is a false idea going around that spending and consumption are key to the growth of the economy. More than anything, that's a manipulation of the stupid public to encourage consumerism so that at least some of the people who produce useful things can get that money. It would be better if instead of consumption, those people invested part of that money in production. — Agustino
And if you produce a service that others want, well what on Earth is so bad about it compared to some manufactured gadget? — ssu
That is production, why does it matter that you produce a service or a manufactured gadget? Cleaning services, etc. have practical and productive effects in society. Financial speculation, gambling, etc.? Not so much.And if you produce a service that others want, well what on Earth is so bad about it compared to some manufactured gadget? — ssu
No, I wasn't saying anything with regards to you in particular or AZ in particular (I don't know much about AZ haha). Was just talking a theoretical issue with ssu :P .So what you are saying is that eventually AZ will eat itself alive? — ArguingWAristotleTiff
I was correcting a general assumption that people make, namely that spending is good for the economy or virtuous. That's not necessarily true. How this is applied to your own particular situation I do not know, because I haven't thought about your case in detail.Here I thought I was actually understanding what you were saying. :-} — ArguingWAristotleTiff
On my way back to the ranch. Pine trees, Pecan trees, horses and a beautiful person to spend a couple of days unwinding with. — ArguingWAristotleTiff
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