5 ms·
Now compare the cost of what you mentioned in monetary terms to the cost savings for consumers (which is essentially everyone) - which is larger?
by kapuasuite 6y ago
Now compare the cost of what you mentioned in monetary terms to the cost savings for consumers (which is essentially everyone) - which is larger?
- mschuster91 6y agoThe problem: the cost of "loss of life quality" thanks to increasing store blight cannot be reasonably quantified. You only notice it when it gets obvious, and then it is mostly too late to do anything.
- rawTruthHurts 6y agoThe short term benefit for the individual should always be regarded as more important than the medium term benefit for the community, which is essentially no one.
- juskrey 6y agoWould you prefer local business employed and pay more for everything, or pay less for everything and have unemployed unhappy people around?
- whb07 6y agoHonestly answer this, would an average person with more money in their account spend it or leave it there?
- mschuster91 6y agoThat depends if your average person is poor or not. Poor people will spend their money (and thus increase consumption) while wealthy people will hoard it. This is incidentally also why "trickle down economics" do not work - there is no incentive for rich people to spend more money than they need, but (thanks to interest) there is the incentive of hoarding it for (virtual) growth.
- whb07 6y agoMost people would spend more. Here’s the best part, are you ready? Assuming people don’t bury the money or keep it under a mattress, that money gets pooled up in some sort of custodian account. Then that money gets loaned out and invested. So you do want to get a cheaper service and it does benefit society.
- natalyarostova 6y agoThe former. That’s why I still hire our local horse-drawn-buggy service. Car purchasers have destroyed their industry and eliminated jobs.
- juskrey 6y agoI hope you at least purchase Chinese garlic, to not overload local dudes too much.