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UK pubs now over 24hrs (pg. 4)
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| Wyndham |
| quote: | Originally posted by Cal
Oh yeah you guys are right. What was I thinking, taking the opinion of someone with a PhD and years and years of experience in this field not to mention extensive research on the topic over the opinions of a couple of guys on the TA forums.
Boy do I feel stooopit! |
haha so your a mindless stupid is what your saying? 1 teacher tells you something(probably politically biased) and you blindly belive it.
im impressed. |
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| Cal |
I'd be impressed if you had the balls to say that to my face.
And you know what guys, I think you're too much into the extremes. Economics is not all black and white and common sense, didn't learning about what caused the great depression teach you that? And listening to what my prof has to say and looking at the numbers myself, I can't not agree. Your postulations just don't measure up. |
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| Jayx1 |
| a state run monopoly isnt extreme? |
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| Cal |
Well it's only a monopoly in the spirits area :)
I meant that it seems to me that you both think that competition and perfect capitalism is the answer to all our problems.
Having said that, I agree with free competition being beneficial and all, but to me it seems more of an ideal than an attainable goal. |
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| Jayx1 |
| quote: | Originally posted by Cal
Well it's only a monopoly in the spirits area :)
I meant that it seems to me that you both think that competition and perfect capitalism is the answer to all our problems.
Having said that, I agree with free competition being beneficial and all, but to me it seems more of an ideal than an attainable goal. |
it works for everything else in our society, why not alcohol? All the LCBO is is a relic of a bygone era where our ultra conservative society thought that booze was the devil.
Time to scrap it. |
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| EvilTree |
| quote: | Originally posted by Jayx1
it works for everything else in our society, why not alcohol? All the LCBO is is a relic of a bygone era where our ultra conservative society thought that booze was the devil.
Time to scrap it. |
I don't think it that way. Perhaps it originated from that era, but just evolved into any state run company. |
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| Jayx1 |
| quote: | Originally posted by EvilTree
I don't think it that way. Perhaps it originated from that era, but just evolved into any state run company. |
well thats exactly how it started. And yes its still a state run company leftover from that era but now just serves as a way to create union jobs. As if anyone should be making $25 an hour to sell you a bottle of vodka. |
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| EvilTree |
| quote: | Originally posted by Jayx1
well thats exactly how it started. And yes its still a state run company leftover from that era but now just serves as a way to create union jobs. As if anyone should be making $25 an hour to sell you a bottle of vodka. |
You could say pretty much same of any job with large unions. |
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| Jayx1 |
| quote: | Originally posted by EvilTree
You could say pretty much same of any job with large unions. |
yeah but this is beyond extreme. Its almost as bad as bartenders who make $500 a night to pop beer caps. Ill never understand that one either. |
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| Endlesswave |
| Lol @ the common sense comment. It makes more common sense to have the booze available wherever vs having to go to ONLY one place to get it, also drunk drivers will be drunk drivers regardless. Only way to stop it is the same way to stop alcoholism, with moderation and education imo. Making it widely available doesn't increase chances of drunking driving because people will drink regardless. Does it not make more sense that if people have the option there that they will tend to not consistently abuse it? (Look at Amsterdam and weed, from what I've seen the locals don't abuse it, they look at is as an addition to a product like a cup of coffee at a coffee shop). My cousin in the UK has a friend of hers who would ALWAYS get completely and utter wasted after work until 11pm/12am when the bars would close, their friend wouldn't even remember how to get home (not to mention cause others to brawl in the streets. After the 24 hour bar situation there is NO way someone even in the Uk could consistently drink for 5 days straight AND go to work...otherwise the entire country would be 100% full of alcoholics, and I don't just mean heavy drinkers b/c the Uk, Ireland and Scotland are known for that imo. |
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| DigiNut |
| quote: | Originally posted by Cal
Yeah it's a cash cow. Let's privitize it and then what? You want to pay higher taxes? Because that's whats going to happen when Ontario 's LCBO profits are gone. That, or less funding for the province. |
The government makes money from the taxes on booze, they don't make money from the LCBO itself. IIRC it's actually a money-losing operation, but it doesn't really matter because the amount they're raking in from the tax compensates nicely.
Anyway, even if the LCBO does make money, it seems like you're ignoring the root problem here which is the waste and mismanagement of the other government-provided services. If the amount they're paying for healthcare and so on exceeds what they're taking in taxes, it means that they're unable to carry a budget. THAT is the real issue here, not how much or how little revenue the LCBO generates.
You're also completely ignoring one critical fact: Liquor is one of the most profitable industries in the world, and privatizing it would result in immense gains to the local economy, which in turn would result in vastly increased tax revenue. The same is true for any other industry as well, but especially for liquor because the profit margin is massive and sales are high no matter what (they actually go UP during periods of economic recession!) |
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| Endlesswave |
| quote: | Originally posted by DigiNut
You're also completely ignoring one critical fact: Liquor is one of the most profitable industries in the world, and privatizing it would result in immense gains to the local economy, which in turn would result in vastly increased tax revenue. The same is true for any other industry as well, but especially for liquor because the profit margin is massive and sales are high no matter what (they actually go UP during periods of economic recession!) |
Economically this is what I was thinking as well. Nicely said.:) |
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