When America loans itself money that is effectively creating money supply.
This is patently false. The only way to buy US public debt is with US dollars, that already exist. Buying public debt increases the money velocity some, but that is it. Private debt is what increases the money supply, because all the way up the chain, the Fed created it out of nothing. The Fed is control of money creation.
Steve Jobs earned every penny. So do all the sports heros. People are willing to pay for things they make and they have made global contributions. You and I? Well we just do x for someone else. Therefore we deserve 1/10000 of the pay because we provide less to society than they did. You can argue with me all you want but women and teenage girls love their iphones and Jobs had a role in that.
What the hell did he earn by using slave labor in China to make his billions? If you think he was unaware of that fact you are delusional.
"Surely, we'll get some crackheads that at least want a $1/hour."
This doesn't work because many people will cease to shop where crackheads are running the store... thus actually reducing profits. Hiring good labor at the right price is key to bringing in money.
Apparently this guy has never been to Walmart....
Memories of you remind me of you. -- Karl Lehenbauer
