On 9/29/2014 3:46 PM, F*O*A*D wrote:

Hey, I have a great example, I had competition under cutting my
prices by 30%, what I sold for $7.50 they sold for $5.00. Why, one
reason is they didn't pay federal income taxes or FICA taxes. There were
other things, but that's at least 30% of profits.
Mikek



Gosh. A grad of the London School of Economics. Here's a clue...if the
pittance in taxes corporations pay were reduced, prices would not be.
Why? Why, corporate greed, of course.

Next.


That's just your hate clouding your thought.
Do you remember the gas wars of the early 70's,
if one gas station lowered their price the one
across the street did to.
Just like me, the competition undercut my prices,
I had no choice, my customers of 12 years were
driving 75 ft farther down the dock and buying
lower priced shrimp. Guess what I was greedy, I
thought $1.50 profit was better than $0. Someone
mentioned how computers prices have come down, how
about cellphone prices, when they first came out only
business's could afford them. I'll bet if you lifted
your hatred of business veil, you could probably come
up with 5 or 6 examples of products that have come down
in price because the competition forced it.
In 1980 milk in today's dollars, would be $4.62 my
wife says she pays $3.69.
Three items that are more expensive cars and gasoline and stamps.
I contend the reason is for all is government interference.
Cars are more expensive because the government has mandated, many
safety related items, and antipollution devices. Mostly good ideas. They
also come with more features.
Gasoline costs more now than in 1980, today's price would be $2.97 if
only inflation were to blame for increases, but the taxes on gallon of
gas have gone up, If you lowered the taxes to the same as 1980
it would be less than 2.97. However gas is a bad example because of the
middle east monopoly over the years. (no free market)
The price of a stamp would be lower if we got the government out of
it. But again you would not be charged for that guy out in the boonies,
He would need to drive into town once a week and get his mail.



I'll ask others to chip in and list items that cost less
today then when they first came out.
Here's an inflation calculator to compare today's price with
the price for whatever year.
http://data.bls.gov/cgi-bin/cpicalc....981&year2=2014

Mikek

It will be interesting to see a point by point counter to the free
market ratcheting prices down as costs come down. But you won't, and
your thinking won't change either. You will continue to be blinded by
your hatred.