Comments by "Matthew Loutner" (@Matthew_Loutner) on "CNBC" channel.

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  3. The facts are . . that the Americans created your whole life: Every minute of every day of your life an American invention is giving YOU a better life. So let us look at some American inventions that YOU could not live without: Lightbulbs Aluminum foil Frozen Food High Process Food Canning Can Openers Microwave Dinners Peanut Butter Breakfast cereals French Fries Fluoridated water the prevents cavities Durable Vehicle tires Electric starters for cars Generators to charge car batteries Airplanes The Modern Jet Engine Electric well pumps that bring water to your house Electric power generating stations The whole electrical grid Every fan or blower in your heating system Your air conditioner Your refrigerator Your microwave oven Automatic Clothes washing machine Radios Television Satellite telecommunications GPS Fiber optic cables Lasers Sound and music recording Industrial computers Desktop computers Laptop computers Cell phones Smart phones Smart watches Videos The internet Anything with a transistor or microchip The factory assembly line Cotton Gin Various Farming Equipment Metal-hulled Ships Petroleum refining into gas and diesel Petroleum refining into plastics Polyester and Nylon Nuclear power Solar panels for green energy transition It was ALL invented in America. And if you live in a constitutional republic, the Americans invented your entire political system. The Americans are the smartest, most creative, most industrious people in the world who created the entire modern world. Without the United States of America YOU would be living in a cave, stone building, or wood hut with a thatched roof, carrying your water from a stream in a bucket with half of your teeth missing and cooking and heating over a campfire using wood that YOU PERSONALLY went out and gathered from a forest. And you would be washing your clothes in a stream. Your connection to the outside world would be extremely limited and depending on your specific situation, you may not even know what is happening beyond your own village -- let alone around the world. 🌎 My advice is that before you "laugh" at any American, first try going without American invented lightbulbs 💡 for 24 hours and learn how American 🇺🇸 ingenuity has helped YOU see 👀 in the dark.
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  28.  @ElyonDominus  You sound like you were educated by a communist. I was educated by economics professors. That facts are that wages have nothing to do with what you "should get" or "deserve." The answer to both questions is the same: As an entrepreneur trying to make my best living, my job is to keep your wages as low as possible. If I can get by with paying you $20, I am supposed to pay you $20. If I can get by with paying you $18 my job is is pay you $18. If someone else comes along and offers to do your job for $16.50, my job is to fire you and hire them. Paying you the least possible wages allows me to do 2 things: 1. It allows my to sell my goods at the lowest possible price, which is a financial benefit to all of my customers and boosts the economy. 2. It allows me to stay competitive in the market so that I am not driven out of business by my competitors. So I do not go out of business and be forced to lay you off. The money I save by paying you less does not go into my profits. It goes to lower my prices. My annual profit floats at about 10% every year. If I try to boost my profit higher than that, my competitors will undercut my prices and force my profit down. When you called my profit "theft," you lied. Profit is not theft. It is a reasonable return for the risk that I take when I use my own money to open my business and creat a job for you. B. Lowering my tax rate also does not go into my profits (for the same reasons). If my taxes are lowered, I can do one of 4 things: 1. I can lower the prices on my goods to help my customers save money and boost the economy. 2. I can afford to pay higher wages. 3. I can open a branch office and create more jobs for other people. 4. I can invest in capital equipment that will make my current business run more efficiently. The improved efficiency saves me money which can either go into raising wages or lowering my prices. I cannot put the savings into my profits because my competitors will force that down. It can reside in profits can a short time. But ultimately the market forces will balance and take it.
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