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View Diary: Paul Krugman: "Cheating Our Children" (51 comments)

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  •  not really (0+ / 0-)

    when I buy a hot dog for lunch or fill my gas tank before I take a long trip there is no investment, merely a purchase for immediate consumption

    "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

    by teacherken on Fri Mar 29, 2013 at 07:34:59 PM PDT

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    •  And yet (0+ / 0-)

      If you pay less for the hot dog, or the gas, the vendor suffers.

      That's my point.

      You'd rather pay less for the hot dog, and the vendor would rather you pay more. All in all, society is better with cheaper hot dogs, gas, and housing, despite the fact that lower prices hurt some individuals.

      (-5.50,-6.67): Left Libertarian
      Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

      by Sparhawk on Fri Mar 29, 2013 at 07:59:23 PM PDT

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      •  incorrect comparison (0+ / 0-)

        the correct comparison is dropping prices, where the hot dog vendor buys his dogs expecting to sell them for 1.25, but when he can only sell them for .95 is losing money.

        Nice try, but you are out of your depth in this.

        "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

        by teacherken on Fri Mar 29, 2013 at 08:12:33 PM PDT

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        •  That's why buying a house... (0+ / 0-)

          ...is a business decision that involves risks and opportunities.

          You can always avoid the risks by renting.

          (-5.50,-6.67): Left Libertarian
          Leadership doesn't mean taking a straw poll and then just throwing up your hands. -Jyrinx

          by Sparhawk on Sat Mar 30, 2013 at 10:26:00 AM PDT

          [ Parent ]

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