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Somthor thought this was the Ricky Martin Fan Club Forum and wrote:
I don't know why people keep saying how the x-mass holiday is so good for the economy. most of what I see in stores is made in china or some other nation. If all Americans do is buy imports then how is that help OUR economy
Hi.
Stores make money too.
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Anklebiter had this to say about Duck Tales:
Hi.Stores make money too.
And the marketing firms that make the ads for all the christmas sales.
HO HO HO
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Everyone wondered WTF when Somthor wrote:
I don't know why people keep saying how the x-mass holiday is so good for the economy. most of what I see in stores is made in china or some other nation. If all Americans do is buy imports then how is that help OUR economy
markup
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Everyone wondered WTF when Somthor wrote:
sigh so a few stores make some money what about the people who hold american jobs in other sectors? the garment industry? textiles etc etc etc
Q1: Have you had Econ?
Q2: Stores in general make money, because they are owned by corporations where the money is really counted. They each normally make a large gross ammount, then the net is somewhat smaller but still large. By "economists" saying it's a major chunck, it is, usually the holiday is one of the largest economy boosters for the USA, it is the same usually where other people celebrate in the same way we do. Companies sometimes desperately need the season so they can boos th their earnings just before the new year.
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Somthor wrote this stupid crap:
sigh so a few stores make some money what about the people who hold american jobs in other sectors? the garment industry? textiles etc etc etc
If by a few stores you mean hundreds of millions. And, yeah, Americans work at those stores, believe it or not. The economy is good when money flows.
And as for importing; we export, too, you know. We don't just import, import, import. Lastly, every single buisness doesn't need to be hit up all the time for the economy to survive. [ 12-15-2003: Message edited by: Cowboy Darius ]
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Somthor had this to say about Captain Planet:
sigh so a few stores make some money what about the people who hold american jobs in other sectors? the garment industry? textiles etc etc etc
Supporting American minimum wage jobs or "Everday Low Prices"
Pick one.
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Cowboy Darius was naked while typing this:
If by a few stores you mean millions. And, yeah, Americans work at those stores, believe it or not. The economy is good when money flows. And as for importing; we export, too, you know. We don't just import, import, import. Also, every single buisness doesn't need to be hit up all the time for the economy to survive.
Forgot to hit that point, The US exports more than we import, supprising as it may be the money is pretty local. How else do we keep a very large GDP.... it's Number 1 in the world, Cal. is number 5th, and IIRC Texas/New York both hold 9th.
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Razor's fortune cookie read:
[QB] The US exports more than we import[QB]
WRONG WRONG WRONG 
The US has a HUGE trade deficit! It's MASSIVE!
Ours is about 45 billion, which is already a large number but holy shit, yours is huge
Wait, wtf?
Why the hell does it matter if it's xmas or any other time? The percentage is still the same or at least very close I'm willing to bet. Just because xmas increases spending doesn't mean that the percentage of what we spend on imports changes.
If you want to argue that we have too many imports fine, but why bring xmas into it?
Anyway, all I'm asking for is computer games and dvds. Go me, I'm supporting Hollywood and the largely American gaming community!
everywhere i look i see made in china, tiwan, some forgien nation.... its more of a banner season for other peoples ecconimies than our own.
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Kalculus Kid or Mathinator or Waisz spewed forth this undeniable truth:
We could never, ever keep up with that rate, though. That's why we import. It's not taking jobs away from anyone because it would have been impossible to fill those jobs.
In addition, the economy is largely based on services. Damn near everything you can think of fulls under that.
Service based economies produce nothing...
They sell them for 20 dollars, making 70 dollars.
Let's say a six dollars of that goes into taxes, and the rest is split into money to buy more DVDs (costing 30 dollars, so 40 is left), then they pay thier employees part of the 40 dollars.
Employees go out, buy more things on markup, and, voila, it helps the economy by generating tax revenue and increasing the never-ending cycle.
Lets say we spend half and half. To make it easy we'll say normal spending a month is $100. So, $50 and $50. Now, lets say xmas shopping gives a 200% boost in spending during the month. Woo! $150 and 150! Plus, lets say there's 10% taxes/tariffs/bribe money whatever necessary for those importing (no idea how accurate that is, but I'm sure there's something, if nothing more than sales tax). Uh oh! that's an extra $15 sunk into America market via the goverment! We win! $135 vs $150!
So, our economy gets a nice boost compared to normal! There's even a boost in the American Tax Income, so that's a little less the govt will demand from us! (Ok, not really, greedy gov! )
Oh, you're right, there's a $135 we should have left in the American market! But wait, that's not economy works! They have produce something we want. I'm sure we produce something they want. Goods are exchanged, everyone happy.
Now, true I think we import more than we should, but Xmas spending has absolutely no effect on this compared to normal spending.
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So quoth Somthor:
ok im outta here before I say somthing stupid.Service based economies produce nothing...
Except the most affluent society.
Seriously, where the hell have you been your entire life? The asians make things for cheap, so that is why most everything is made there. Just because of the mere fact that at Christmas there is more of everything, doesnt mean that it is suddenly that much more expensive to import.
Honestly... wtf? According to your logic the entire western world should be bankrupt right now, and china along with the other worker nations will be VERY rich.
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Somthor had this to say about Robocop:
ok im outta here before I say somthing stupid.Service based economies produce nothing...
Why are you still here?
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Niklas wrote this then went back to looking for porn:
WRONG WRONG WRONG
The US has a HUGE trade deficit! It's MASSIVE!
Ours is about 45 billion, which is already a large number but holy shit, yours is huge
I'm going off the base that it's US companies exporting and importing at the same exact time. in total, we export more... The trade deficit is not really that massive compared to the ammount of money that's owed to us. that alone would *guessing* cut national debt to 1/4 it's current size. Then it become more managible, but the problem is that the world economy would become shittier than pre WW2, around the time of the great stock market crash (only $13 was lost that day... now we're trading with losses in the $10's daily.)
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This one time, at Taeldian camp:
Why are you still here?
[edit: add]stupid url.[/edit] [ 12-16-2003: Message edited by: Aury ]
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RazorRazorRazorRazorRazorRazor MUSHROOM MUSHROOM
I'm going off the base that it's US companies exporting and importing at the same exact time. in total, we export more...
...what?
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So quoth Somthor:
I don't know why people keep saying how the x-mass holiday is so good for the economy. most of what I see in stores is made in china or some other nation. If all Americans do is buy imports then how is that help OUR economy
yeah.. uh..
I find your well-intended, but overall thickheadedness as funny as this pic.
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Razor had this to say about Tron:
I'm going off the base that it's US companies exporting and importing at the same exact time. in total, we export more... The trade deficit is not really that massive compared to the ammount of money that's owed to us. that alone would *guessing* cut national debt to 1/4 it's current size. Then it become more managible, but the problem is that the world economy would become shittier than pre WW2, around the time of the great stock market crash (only $13 was lost that day... now we're trading with losses in the $10's daily.)
You realize that most of the debts we incur, we do so without ever expected to be paid back, on an international scale? (We being the U.S. Government)
There's quite a few countries in Africa that can't pay off the INTEREST on their debts, much less their debts. Which puts them in more debt.
And actually, we have a rather huge trade deficit. It's nothing to be ashamed of. It's pretty much how huge, developed nations work. There's a reason we don't have "Buy American" posted everywhere. Fixing the export deficit isn't realisitc.
And also, the stock market, if you've been watching, hasn't been doing terribly. I know MY stocks havn't done too badly. Overall, it's doing much better than it was two years ago. (Also, comparing losses today to 1929 is a bit difficult, not to mention, there were other factors besides simply a stock market downturn. Like banks not meeting reserve requirements.)
