Believe it or not, but people DO build grocery stores and compete against Walmart. Successfully too. Safeway is one example. So is Kroger. So is Whole Foods. Even the little neighborhood grocery store can compete against Walmart. They have something that Walmart doesn't have. A local presence.{/QUOTE]
Your examples are fallacious. Krogers owns Albertsons, Fred Meyers, some of the Food-4-Less chain, and so forth. Safeway is part of General Mills, and the list goes on, and on. You cannot name a mom and pop shop that has started in the last 30 years where the owners have become wealthy.
No, my examples are real and they apply. Yes, Krogers owns Albersons, Fred Meyer,m and other chains. They got there by being successful against WalMart.
Safeway is not part of General Mills. Quite the opposite. Safeway has invested in General Mills.
The local Mom and Pop shop in many neighborhoods are running just fine. They are wealthy.
Into the Night said:
No one is giving the wealthy anything. They are wealthy because they developed a product or service that a lot of people want, and are willing to pay for at the price they offer it. It is as simple as that.
That is a flat out lie, or you are delusional, or on drugs.
You like to use that a lot. It's the truth, dude, even if you deny it and call people liars.
Under Bush 43 they were given tax breaks where they paid less then the working man,
A tax break is not giving wealth away. It is simply not taking as much and routing it to useless government as much.
and could even keep their profits offshore, tax exempt,
They are allowed to do so. That's the law. Profits made overseas cannot be taxed by the United States!
and then there was the recessions where trillions of dollars were transferred to the wealthy
No money was given to the wealthy.
after being taken from the middle class by loss of jobs, pensions, etc.
It was not taken from the middle class.
Then you have the trillions given by the Trump tax plan.
Tax breaks for the wealthy are not giving money to the wealthy.
Billions every year are given to the wealthiest through "incentives",
Nope. Any incentive program is one where anyone can participate.
or just old style bribery.
Nope. The government has not bribed any wealthy person.
Do you have a clue as to how many are arrested every year for "white collar crimes"?
Irrelevant. They broke the law.
So you developed an electronic device that others have also developed, and if you charge too much you are out of business.
I've developed many electronic devices. They perform quite well. People buy them.
Yes.
Into the Night said:
Welfare is socialism. It steals wealth, it doesn't create it. I create wealth.
You act as if wealth is infinite when reality knows it is not.
It is as infinite as the ability to be creative.
Now, tell us what is your debt to asset/capital ratio?
No debt.
Into the Night said:
Food stamps is socialism. It steals wealth, it doesn't create it. Yes, you buy from the grocery store, but where does the money come from to do so?
It is a gratuity from the taxpayer, and it is not stolen wealth.
It is stolen wealth. It is stolen either in the form of taxes, or in the form of just printing money with no backing.
However, once that dollar is spent for the groceries who profits from the gratuity?
Basically no one. Yes, the dollar becomes revenue for the grocery store, but that grocery store was already taxed so you could have that dollar in the form of a food stamp.
It certainly is not the poor man for it is only temporarily his. For the wealthy it becomes an asset.
No, it becomes a revenue to replace what was taxed to create the food stamp program.
I have yet to hear of a wealthy man becoming poor because of food stamps used by others.
It is not their purpose.
And it ends up in the pockets of the wealthy.
No, it basically ends up in the pockets of the government. The taxes to pay for the food stamp program does not all come back to the private sector.
Into the Night said:
So you think the poor should never learn how to read or write, never learn any math, never learn anything about science, and simply live in poverty and ignorance, eh? How short sighted you are.
Never said that so you can stop that lie right now as if anyone of your kind could do otherwise.
You did say it. It is you that is lying now. You did make this argument.
Tell me since you have not mentioned it, are incentives, tax breaks, subsidies, etc., designed for the wealthy also welfare?
Certain subsidies are, they should be curtailed. Otherwise, no. I have already explained why in this post.
