Current Events > The US economy continues to boom as unemployment falls to 3.9%

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halomonkey1_3_5 08/03/18 11:03:54 AM #51:	The Great Muta 22 posted... You're the type that considers owning a car as a luxury 82% of poor people have a microwave A MICROWAVE! How can they be poor with a `microwave`? --- Billy Mays: July 20, 1958 - June 28, 2009 The Greatest <cite>halomonkey1_3_5 posted [p:906198777] in The US eco... [t:76867106]...</cite> <quote><cite>The Great Muta 22 posted...</cite> <quote>You're the type that considers owning a car as a luxury </quote> 82% of poor people have a microwave A MICROWAVE! How can they be poor with a microwave?</quote> ... Copied to Clipboard!
voldothegr8 08/03/18 11:06:50 AM #52:	The Great Muta 22 posted... voldothegr8 posted... Trumpo posted... How many of them decent pay? probably like 20 percent of that. A job is a job. Which happens to be the most effective welfare program. Major cities aside just about anyone can have food and shelter working full time on minimum wage. Luxuries might be baron but that's life. If you want them seek self betterment, of which there are numerous paths in America. You're the type that considers owning a car as a luxury You're the type who makes baseless assumptions. --- Oda break tracker 2018- 4 (2) \| THE Ohio State: 11-2 \| Oakland Raiders: 6-10 Super Mario Maker Profile: 1237-0000-0073-02FE <cite>voldothegr8 posted [p:906198901] in The US eco... [t:76867106]...</cite> <quote><cite>The Great Muta 22 posted...</cite> <quote><cite>voldothegr8 posted...</cite> <quote><cite>Trumpo posted...</cite> <quote>How many of them decent pay? probably like 20 percent of that.</quote> A job is a job. Which happens to be the most effective welfare program. Major cities aside just about anyone can have food and shelter working full time on minimum wage. Luxuries might be baron but that's life. If you want them seek self betterment, of which there are numerous paths in America.</quote> You're the type that considers owning a car as a luxury</quote> You're the type who makes baseless assumptions.</quote> ... Copied to Clipboard!
HydraSlayer82 08/03/18 11:07:00 AM #53:	Balrog0 posted... TheMikh posted... the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business Corporatism at its finest. Competition has stagnated more than anything. Im a huge capitalist because competition drives innovation, but the system we have now has devolved into this crap. --- Sigless user <cite>HydraSlayer82 posted [p:906198909] in The US eco... [t:76867106]...</cite> <quote><cite>Balrog0 posted...</cite> <quote><cite>TheMikh posted...</cite> <quote>the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor</quote> imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business</quote> Corporatism at its finest. Competition has stagnated more than anything. Im a huge capitalist because competition drives innovation, but the system we have now has devolved into this crap.</quote> ... Copied to Clipboard!
ZMythos 08/03/18 11:08:09 AM #54:	voldothegr8 posted... Major cities aside just about anyone can have food and shelter working full time on minimum wage. Let's unpack this for a moment. Major cities aside So not counting 80% of the population. Got it. just about anyone Except probably disabled people, single parents, those in debt. Got it. can have food and shelter Food that probably isn't nutritious and the use of "shelter" implies "anything with a roof." Got it working full time on minimum wage. Not all jobs are available full time. So what you're saying is nobody can survive working full time on minimum wage. Got it. --- Rainbow Dashing: "it's just star wars" AutumnEspirit: kissu <cite>ZMythos posted [p:906198966] in The US eco... [t:76867106]...</cite> <quote><cite>voldothegr8 posted...</cite> <quote>Major cities aside just about anyone can have food and shelter working full time on minimum wage.</quote> Let's unpack this for a moment. <quote>Major cities aside</quote> So not counting 80% of the population. Got it. <quote>just about anyone</quote> Except probably disabled people, single parents, those in debt. Got it. <quote>can have food and shelter</quote> Food that probably isn't nutritious and the use of "shelter" implies "anything with a roof." Got it <quote> working full time on minimum wage.</quote> Not all jobs are available full time. So what you're saying is nobody can survive working full time on minimum wage. Got it.</quote> ... Copied to Clipboard!
HydraSlayer82 08/03/18 11:08:25 AM #55:	TheMikh posted... Balrog0 posted... TheMikh posted... the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business i'm not even surprised barriers to competition are imo the big culprit here, otherwise buybacks really would not be a particularly sustainable strategy I like this guy. --- Sigless user <cite>HydraSlayer82 posted [p:906198975] in The US eco... [t:76867106]...</cite> <quote><cite>TheMikh posted...</cite> <quote><cite>Balrog0 posted...</cite> <quote><cite>TheMikh posted...</cite> <quote>the real beast is a saturated market for underskilled labor because education for skilled labor is both unnaturally inflated in price due to decades of indirect federal subsidization and because education for skilled labor doesn't actually prepare most for skilled labor</quote> imo its mostly attributable to a level of risk aversion that employers have with respect to labor costs which is itself probably attributable to market consolidation it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business</quote> i'm not even surprised barriers to competition are imo the big culprit here, otherwise buybacks really would not be a particularly sustainable strategy</quote> I like this guy.</quote> ... Copied to Clipboard!
The Great Muta 22 08/03/18 11:08:56 AM #56:	voldothegr8 posted... The Great Muta 22 posted... voldothegr8 posted... Trumpo posted... How many of them decent pay? probably like 20 percent of that. A job is a job. Which happens to be the most effective welfare program. Major cities aside just about anyone can have food and shelter working full time on minimum wage. Luxuries might be baron but that's life. If you want them seek self betterment, of which there are numerous paths in America. You're the type that considers owning a car as a luxury You're the type who makes baseless assumptions. Well, do you? Not talking about a new car or anything like that, but a standard vehicle? --- https://www.youtube.com/watch?v=MXezjbuzh14 <cite>The Great Muta 22 posted [p:906198997] in The US eco... [t:76867106]...</cite> <quote><cite>voldothegr8 posted...</cite> <quote><cite>The Great Muta 22 posted...</cite> <quote><cite>voldothegr8 posted...</cite> <quote><cite>Trumpo posted...</cite> <quote>How many of them decent pay? probably like 20 percent of that.</quote> A job is a job. Which happens to be the most effective welfare program. Major cities aside just about anyone can have food and shelter working full time on minimum wage. Luxuries might be baron but that's life. If you want them seek self betterment, of which there are numerous paths in America.</quote> You're the type that considers owning a car as a luxury</quote> You're the type who makes baseless assumptions.</quote> Well, do you? Not talking about a new car or anything like that, but a standard vehicle?</quote> ... Copied to Clipboard!
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ScazarMeltex 08/03/18 12:09:36 PM #58:	Yeah people should be happy to work for as little as possible so the corporate masters can make even more. Spend some time here https://www.bls.gov/data/ and you'll see that over the last 20 years when adjusted for inflation and cost of living the average worker makes almost exactly the same as they did 20 years ago, while upper 10% make exponentially more. Then please tell me how this "economic boom" is to the benefit of anyone but the top 10%. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:906201617] in The US eco... [t:76867106]...</cite> <quote>Yeah people should be happy to work for as little as possible so the corporate masters can make even more. Spend some time here https://www.bls.gov/data/ and you'll see that over the last 20 years when adjusted for inflation and cost of living the average worker makes almost exactly the same as they did 20 years ago, while upper 10% make exponentially more. Then please tell me how this "economic boom" is to the benefit of anyone but the top 10%.</quote> ... Copied to Clipboard!
Crazyman93 08/03/18 12:12:01 PM #59:	Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. --- let's lubricate friction material! ~nickels, Cars & Trucks <cite>Crazyman93 posted [p:906201732] in The US eco... [t:76867106]...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> ... Copied to Clipboard!
BigTee66 08/03/18 12:18:45 PM #60:	Yes there are jobs out there, crappy jobs that no one wants that is --- MSI Z170-A PRO LGA 1151 \| i5 6500K \| ASUS ROG GeForce GTX 1070 \| 8GB DDR4 x 2 \| EVGA 650W \| Inwin 703 Black \| Steam: teeman92 <cite>BigTee66 posted [p:906202042] in The US eco... [t:76867106]...</cite> <quote>Yes there are jobs out there, crappy jobs that no one wants that is</quote> ... Copied to Clipboard!
ScazarMeltex 08/03/18 12:32:43 PM #61:	Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. My line has 50 employees on it, I make 20 an hour, the majority of people on my line make less (haven't been there 16 years like I have), but being generous we'll assume they do, and it gives us a nice round number of the labor costs of 10,000 dollars a day. Adjusted for our benefits (vacation, really shitty insurance and the like) we'll call it 15,000 a day. This is a privately owned company, not traded, no shareholders to justify anything to, that profit. So the owner pockets 150 grand a day (just on my line) for the low low prices of 15 grand a day. He could double our pay and still make more in a day than we would in a year. It's our bodies that get wrecked over the years of manual labor, our hands that get carpal tunnel, our muscles that get pulled and torn, our backs that get herniated discs and spinal stenosis, our organs that get messed up from exposure to chemicals and in about 10 cases in the last 5 years, our friends and co-workers that get cancer that can be traced back (but impossible to prove) to our work environment. So yeah, we want a living wage, that includes the internet and maybe the occasional nice dinner. And fuck anyone who suggests that people who work for a living don't deserve it while those who exploit our labor and live lives built on our backs do. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:906202738] in The US eco... [t:76867106]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. My line has 50 employees on it, I make 20 an hour, the majority of people on my line make less (haven't been there 16 years like I have), but being generous we'll assume they do, and it gives us a nice round number of the labor costs of 10,000 dollars a day. Adjusted for our benefits (vacation, really shitty insurance and the like) we'll call it 15,000 a day. This is a privately owned company, not traded, no shareholders to justify anything to, that profit. So the owner pockets 150 grand a day (just on my line) for the low low prices of 15 grand a day. He could double our pay and still make more in a day than we would in a year. It's our bodies that get wrecked over the years of manual labor, our hands that get carpal tunnel, our muscles that get pulled and torn, our backs that get herniated discs and spinal stenosis, our organs that get messed up from exposure to chemicals and in about 10 cases in the last 5 years, our friends and co-workers that get cancer that can be traced back (but impossible to prove) to our work environment. So yeah, we want a living wage, that includes the internet and maybe the occasional nice dinner. And fuck anyone who suggests that people who work for a living don't deserve it while those who exploit our labor and live lives built on our backs do.</quote> ... Copied to Clipboard!
sauceje 08/03/18 12:55:23 PM #62:	ScazarMeltex posted... +1 --- He was born in a coop, raised in a cage, children fear him, critics rage, He's half alive, he's half dead, folks just call him Buckethead <cite>sauceje posted [p:906203826] in The US eco... [t:76867106]...</cite> <quote><cite>ScazarMeltex posted...</cite> +1</quote> ... Copied to Clipboard!
runewalshPSiv 08/03/18 12:59:02 PM #63:	newtonwuzvirgin posted... "living wage" aka "nice house, car, clothes, electronics, fine dining every night wage" "Living wage" aka "not living paycheck to paycheck wage" --- RIP Casper 1997-2013 We love and miss you GT: Famed Mimic <cite>runewalshPSiv posted [p:906204006] in The US eco... [t:76867106]...</cite> <quote><cite>newtonwuzvirgin posted...</cite> <quote>"living wage" aka "nice house, car, clothes, electronics, fine dining every night wage"</quote> "Living wage" aka "not living paycheck to paycheck wage"</quote> ... Copied to Clipboard!
Unnamed Hobo 08/03/18 1:06:32 PM #64:	Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. Imagine shitting on someone because they want internet access in 2018. --- If I had the world to give, I'd give it to you <cite>Unnamed Hobo posted [p:906204394] in The US eco... [t:76867106]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> Imagine shitting on someone because they want internet access in 2018.</quote> ... Copied to Clipboard!
Metro2 08/03/18 1:06:58 PM #65:	Balrog0 posted... lowest unemployment in 50 years, but still no real wage growth This. <cite>Metro2 posted [p:906204420] in The US eco... [t:76867106]...</cite> <quote><cite>Balrog0 posted...</cite> <quote>lowest unemployment in 50 years, but still no real wage growth</quote> This.</quote> ... Copied to Clipboard!
TrevorBlack79 08/03/18 1:13:44 PM #66:	sauceje posted... ScazarMeltex posted... +1 --- "a minority is someone who you can tell off the bat they are black/hispanic/colored. LGBT isn't a minority" - Blakkheim1 <cite>TrevorBlack79 posted [p:906204759] in The US eco... [t:76867106]...</cite> <quote><cite>sauceje posted...</cite> <quote><cite>ScazarMeltex posted...</cite> +1</quote></quote> ... Copied to Clipboard!
newtonwuzvirgin 08/03/18 1:34:30 PM #67:	Unnamed Hobo posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. Imagine shitting on someone because they want internet access in 2018. yes internet is so essential, we can't let people miss out on what cat videos are in now! --- I value knowledge over momentary physical manifestations of euphoria. <cite>newtonwuzvirgin posted [p:906205872] in The US eco... [t:76867106]...</cite> <quote><cite>Unnamed Hobo posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> Imagine shitting on someone because they want internet access in 2018.</quote> yes internet is so essential, we can't let people miss out on what cat videos are in now!</quote> ... Copied to Clipboard!
TheCyborgNinja 08/03/18 1:36:36 PM #68:	I wonder if people working 2-3 jobs and still being poverty stricken matters though. --- "message parlor" ? do you mean the post office ? - SlayerX888 <cite>TheCyborgNinja posted [p:906205969] in The US eco... [t:76867106]...</cite> <quote>I wonder if people working 2-3 jobs and still being poverty stricken matters though.</quote> ... Copied to Clipboard!
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halomonkey1_3_5 08/03/18 1:42:39 PM #70:	Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. next thing you know they're gonna beg for a cellphone lmao leftists are never content! Always wanting more --- Billy Mays: July 20, 1958 - June 28, 2009 The Greatest <cite>halomonkey1_3_5 posted [p:906206271] in The US eco... [t:76867106]...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> next thing you know they're gonna beg for a cellphone lmao leftists are never content! Always wanting more</quote> ... Copied to Clipboard!
TrevorBlack79 08/03/18 1:43:54 PM #71:	newtonwuzvirgin posted... Unnamed Hobo posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. Imagine shitting on someone because they want internet access in 2018. yes internet is so essential, we can't let people miss out on what cat videos are in now! I mean, if you obviously aren't old enough to enter the workforce you should probably refrain from commenting on the necessity of internet in the modern world. --- "a minority is someone who you can tell off the bat they are black/hispanic/colored. LGBT isn't a minority" - Blakkheim1 <cite>TrevorBlack79 posted [p:906206344] in The US eco... [t:76867106]...</cite> <quote><cite>newtonwuzvirgin posted...</cite> <quote><cite>Unnamed Hobo posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> Imagine shitting on someone because they want internet access in 2018.</quote> yes internet is so essential, we can't let people miss out on what cat videos are in now!</quote> I mean, if you obviously aren't old enough to enter the workforce you should probably refrain from commenting on the necessity of internet in the modern world.</quote> ... Copied to Clipboard!
darkjedilink 08/03/18 1:45:43 PM #72:	The Great Muta 22 posted... Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant Record number of employed people.... --- 'It's okay that those gangbangers stole all my personal belongings and cash at gunpoint, cuz they're building a rec center!' - OneTimeBen <cite>darkjedilink posted [p:906206451] in The US eco... [t:76867106]...</cite> <quote><cite>The Great Muta 22 posted...</cite> <quote>Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant</quote> Record number of employed people....</quote> ... Copied to Clipboard!
darkjedilink 08/03/18 1:47:34 PM #73:	ScazarMeltex posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week. --- 'It's okay that those gangbangers stole all my personal belongings and cash at gunpoint, cuz they're building a rec center!' - OneTimeBen <cite>darkjedilink posted [p:906206551] in The US eco... [t:76867106]...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. </quote> If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week.</quote> ... Copied to Clipboard!
lesidesi 08/03/18 1:51:49 PM #74:	job numbers (non farm payroll) way below consensus no improvement in wage growth --- If they can get you asking the wrong questions, they don't have to worry about the answers. <cite>lesidesi posted [p:906206768] in The US eco... [t:76867106]...</cite> <quote>job numbers (non farm payroll) way below consensus no improvement in wage growth</quote> ... Copied to Clipboard!
ScazarMeltex 08/03/18 1:52:48 PM #75:	darkjedilink posted... ScazarMeltex posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week. Actually I do work the floor. Have everyday for the last 16 years. In that amount of time i've made plenty of friends in the engineering and R and D departments from working with them on various projects when they bring new designs down. Its not hard to get info out of them. Nor is it hard to go to a dealer website to find out they sell our product for. Or even to pose as a customer and get info on what price they purchase the product at. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:906206806] in The US eco... [t:76867106]...</cite> <quote><cite>darkjedilink posted...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. </quote> If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week.</quote> Actually I do work the floor. Have everyday for the last 16 years. In that amount of time i've made plenty of friends in the engineering and R and D departments from working with them on various projects when they bring new designs down. Its not hard to get info out of them. Nor is it hard to go to a dealer website to find out they sell our product for. Or even to pose as a customer and get info on what price they purchase the product at.</quote> ... Copied to Clipboard!
Romes187 08/03/18 1:53:15 PM #76:	Balrog0 posted... it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period. <cite>Romes187 posted [p:906206827] in The US eco... [t:76867106]...</cite> <quote><cite>Balrog0 posted...</cite> <quote> it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business</quote> Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period.</quote> ... Copied to Clipboard!
Romes187 08/03/18 1:55:30 PM #77:	Romes187 posted... Balrog0 posted... it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period. @Balrog0 Unless you believe in a shareholder theory of corporate responsibility instead of a stakeholder theory <cite>Romes187 posted [p:906206926] in The US eco... [t:76867106]...</cite> <quote><cite>Romes187 posted...</cite> <quote><cite>Balrog0 posted...</cite> <quote> it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business</quote> Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period.</quote> @Balrog0 Unless you believe in a shareholder theory of corporate responsibility instead of a stakeholder theory</quote> ... Copied to Clipboard!
BWLurker 08/03/18 1:56:08 PM #78:	ScazarMeltex posted... darkjedilink posted... ScazarMeltex posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week. Actually I do work the floor. Have everyday for the last 16 years. In that amount of time i've made plenty of friends in the engineering and R and D departments from working with them on various projects when they bring new designs down. Its not hard to get info out of them. Nor is it hard to go to a dealer website to find out they sell our product for. Or even to pose as a customer and get info on what price they purchase the product at. Darkjedilink has no way to argue against what you said, so he's choosing to attack your credibility <cite>BWLurker posted [p:906206964] in The US eco... [t:76867106]...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote><cite>darkjedilink posted...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> What we want is our fair share. Take for example my job. I work in manufacturing. The line I work on alone produces 200,000 dollars worth of product a day (profits after adjusted for material and labor and general costs of running the business). My company has 2 or 3 dozen lines depending on product demand, some that produce more, some less. </quote> If you have access to this info, you aren't working on the line. Hell, you might never even get on the FLOOR more than twice a week.</quote> Actually I do work the floor. Have everyday for the last 16 years. In that amount of time i've made plenty of friends in the engineering and R and D departments from working with them on various projects when they bring new designs down. Its not hard to get info out of them. Nor is it hard to go to a dealer website to find out they sell our product for. Or even to pose as a customer and get info on what price they purchase the product at.</quote> Darkjedilink has no way to argue against what you said, so he's choosing to attack your credibility</quote> ... Copied to Clipboard!
silentwing26x 08/03/18 1:57:11 PM #79:	Why in God's name would you work at the same factory for 16 fucking years? <cite>silentwing26x posted [p:906207014] in The US eco... [t:76867106]...</cite> <quote>Why in God's name would you work at the same factory for 16 fucking years?</quote> ... Copied to Clipboard!
ScazarMeltex 08/03/18 1:58:05 PM #80:	Romes187 posted... Balrog0 posted... it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period. Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes. --- "If you wish to converse with me define your terms" Voltaire <cite>ScazarMeltex posted [p:906207063] in The US eco... [t:76867106]...</cite> <quote><cite>Romes187 posted...</cite> <quote><cite>Balrog0 posted...</cite> <quote> it's more profitable to keep wages low and prop up your stock prices through buybacks and whatever else than it is to actually compete or improve your business</quote> Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period.</quote> Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes.</quote> ... Copied to Clipboard!
Peter_Griffin33 08/03/18 1:58:09 PM #81:	Godnorgosh posted... newtonwuzvirgin posted... Unnamed Hobo posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. Imagine shitting on someone because they want internet access in 2018. yes internet is so essential, we can't let people miss out on what cat videos are in now! Yeah, and after they're done watching cat videos they can walk over to the local corporate office, hand in a physical resume and job application, and ask the secretary to put in a good word for them Or drive a few miles to go pay your utilities at the municiple building, maybe even stop to play checkers with your old pals at the barber shop before you have to go visit the bank to make a 10 dollar withdrawal. --- Steam Group: http://steamcommunity.com/groups/ReallyBadGaming Twitch: http://www.twitch.tv/chucky2srevenge <cite>Peter_Griffin33 posted [p:906207069] in The US eco... [t:76867106]...</cite> <quote><cite>Godnorgosh posted...</cite> <quote><cite>newtonwuzvirgin posted...</cite> <quote><cite>Unnamed Hobo posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> Imagine shitting on someone because they want internet access in 2018.</quote> yes internet is so essential, we can't let people miss out on what cat videos are in now!</quote> Yeah, and after they're done watching cat videos they can walk over to the local corporate office, hand in a physical resume and job application, and ask the secretary to put in a good word for them</quote> Or drive a few miles to go pay your utilities at the municiple building, maybe even stop to play checkers with your old pals at the barber shop before you have to go visit the bank to make a 10 dollar withdrawal.</quote> ... Copied to Clipboard!
darkbuster 08/03/18 1:58:33 PM #82:	Honestly, the unemployment rate is kinda misleading, since the way it's actually counted is "those looking for jobs & those who have them". A lot of those "employed" statuses come from things such as Uber, retail (the ones that aren't folding), fast food, & many other jobs most would consider that are usually well below the living wage cutoff; that also means that those who have simply taken to the alternative of retiring, filing for disability, or relying on welfare services because they can't find a GOOD job, aren't counted either, since they aren't in the actively looking category. Simply put, statistics can be the most deceitful form of lying & misdirection, without proper context. --- Remember kids, it's only an RPG until someone gets hit with a meteor; Then it's a JRPG! SSBB: 3869 0521 7142 <cite>darkbuster posted [p:906207087] in The US eco... [t:76867106]...</cite> <quote>Honestly, the unemployment rate is kinda misleading, since the way it's actually counted is "those looking for jobs & those who have them". A lot of those "employed" statuses come from things such as Uber, retail (the ones that aren't folding), fast food, & many other jobs most would consider that are usually well below the living wage cutoff; that also means that those who have simply taken to the alternative of retiring, filing for disability, or relying on welfare services because they can't find a GOOD job, aren't counted either, since they aren't in the actively looking category. Simply put, statistics can be the most deceitful form of lying & misdirection, without proper context.</quote> ... Copied to Clipboard!
TrevorBlack79 08/03/18 2:00:00 PM #83:	BWLurker posted... Darkjedilink has no way to argue against what you said, so he's choosing to attack your credibility Djl has no way to argue anything - attacking users is all he can do. --- "a minority is someone who you can tell off the bat they are black/hispanic/colored. LGBT isn't a minority" - Blakkheim1 <cite>TrevorBlack79 posted [p:906207163] in The US eco... [t:76867106]...</cite> <quote><cite>BWLurker posted...</cite> <quote>Darkjedilink has no way to argue against what you said, so he's choosing to attack your credibility</quote> Djl has no way to argue anything - attacking users is all he can do.</quote> ... Copied to Clipboard!
Peter_Griffin33 08/03/18 2:00:37 PM #84:	darkbuster posted... Honestly, the unemployment rate is kinda misleading, since the way it's actually counted is "those looking for jobs & those who have them". A lot of those "employed" statuses come from things such as Uber, retail (the ones that aren't folding), fast food, & many other jobs most would consider that are usually well below the living wage cutoff; that also means that those who have simply taken to the alternative of retiring, filing for disability, or relying on welfare services because they can't find a GOOD job, aren't counted either, since they aren't in the actively looking category. Simply put, statistics can be the most deceitful form of lying & misdirection, without proper context. It also counts people who have filed for unemployement aid as beong employed. Basically the US government think that any form of money based income =employment and will add that to make numbers look good. --- Steam Group: http://steamcommunity.com/groups/ReallyBadGaming Twitch: http://www.twitch.tv/chucky2srevenge <cite>Peter_Griffin33 posted [p:906207205] in The US eco... [t:76867106]...</cite> <quote><cite>darkbuster posted...</cite> <quote>Honestly, the unemployment rate is kinda misleading, since the way it's actually counted is "those looking for jobs & those who have them". A lot of those "employed" statuses come from things such as Uber, retail (the ones that aren't folding), fast food, & many other jobs most would consider that are usually well below the living wage cutoff; that also means that those who have simply taken to the alternative of retiring, filing for disability, or relying on welfare services because they can't find a GOOD job, aren't counted either, since they aren't in the actively looking category. Simply put, statistics can be the most deceitful form of lying & misdirection, without proper context.</quote> It also counts people who have filed for unemployement aid as beong employed. Basically the US government think that any form of money based income =employment and will add that to make numbers look good.</quote> ... Copied to Clipboard!
RchHomieQuanChi 08/03/18 2:02:07 PM #85:	The problem isn't that there's not a lot of jobs. The problem is that the majority of jobs do not pay anywhere near enough for a person to reasonably live off of without assistance from either the government or family. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:906207277] in The US eco... [t:76867106]...</cite> <quote>The problem isn't that there's not a lot of jobs. The problem is that the majority of jobs do not pay anywhere near enough for a person to reasonably live off of without assistance from either the government or family.</quote> ... Copied to Clipboard!
davyheinz 08/03/18 2:04:04 PM #86:	Peter_Griffin33 posted... Godnorgosh posted... newtonwuzvirgin posted... Unnamed Hobo posted... Crazyman93 posted... Asherlee10 posted... Who the fuck needs a living wage, right? I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too. Imagine shitting on someone because they want internet access in 2018. yes internet is so essential, we can't let people miss out on what cat videos are in now! Yeah, and after they're done watching cat videos they can walk over to the local corporate office, hand in a physical resume and job application, and ask the secretary to put in a good word for them Or drive a few miles to go pay your utilities at the municiple building, maybe even stop to play checkers with your old pals at the barber shop before you have to go visit the bank to make a 10 dollar withdrawal. This is literally what Boomers think. --- Currently playing: Strider, Jet Force Gemini, Psychonauts, Red Dead Redemption <cite>davyheinz posted [p:906207362] in The US eco... [t:76867106]...</cite> <quote><cite>Peter_Griffin33 posted...</cite> <quote><cite>Godnorgosh posted...</cite> <quote><cite>newtonwuzvirgin posted...</cite> <quote><cite>Unnamed Hobo posted...</cite> <quote><cite>Crazyman93 posted...</cite> <quote><cite>Asherlee10 posted...</cite> <quote>Who the fuck needs a living wage, right? </quote> I love how how leftists say this and never define a "living wage." What is a living wage? Food, and shelter? You're fine then. But no, you greedy bastards want steak and internet too.</quote> Imagine shitting on someone because they want internet access in 2018.</quote> yes internet is so essential, we can't let people miss out on what cat videos are in now!</quote> Yeah, and after they're done watching cat videos they can walk over to the local corporate office, hand in a physical resume and job application, and ask the secretary to put in a good word for them</quote> Or drive a few miles to go pay your utilities at the municiple building, maybe even stop to play checkers with your old pals at the barber shop before you have to go visit the bank to make a 10 dollar withdrawal.</quote> This is literally what Boomers think.</quote> ... Copied to Clipboard!
Romes187 08/03/18 2:04:24 PM #87:	ScazarMeltex posted... Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes. Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up <cite>Romes187 posted [p:906207377] in The US eco... [t:76867106]...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote>Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes.</quote> Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up</quote> ... Copied to Clipboard!
Balrog0 08/03/18 2:05:36 PM #88:	Romes187 posted... Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period. I mean, I don't think that in the sense that no companies ever invest in productive activities, obviously. It is a shallow analysis because it is like two sentences in a gamefaqs post. I'm sure there are other elements in why wages are stagnant -- gains to education are harmed by high housing costs, for instance, which means that upward mobility is more difficult for us than our parents even if companies were increasing wages in response to competitive pressure. Basically the fact that high productivity markets are letting housing shortages and high costs eat into their labor markets is not a good thing for wages (as I'm sure you know being in California). It's all very complicated and interrelated with many other issues. I bet if we looked at incarceration rates we would see how that has harmed long-term prospects for a large share of workers, especially minorities. So I don't think what I said is some kind of silver bullet explanation. However I do think what I said is also a relevant piece of the puzzle. Widespread labor market monopsonies across industries and geographical areas plays a part in that as well. --- But to you who are listening I say: Love your enemies, do good to those who hate you, bless those who curse you, pray for those who mistreat you. <cite>Balrog0 posted [p:906207436] in The US eco... [t:76867106]...</cite> <quote><cite>Romes187 posted...</cite> <quote>Do you really believe this? I mean, maybe in the short term. But long term investments have to be done in any business to continue growth over time. Unless you are really trenched in with huge barriers to entry (usually from gov't)...even then I think your analysis is a little to surface level imo. Stock buy backs are useful in certain situations, but a business that does not invest in itself will not last. Period.</quote> I mean, I don't think that in the sense that no companies ever invest in productive activities, obviously. It is a shallow analysis because it is like two sentences in a gamefaqs post. I'm sure there are other elements in why wages are stagnant -- gains to education are harmed by high housing costs, for instance, which means that upward mobility is more difficult for us than our parents even if companies were increasing wages in response to competitive pressure. Basically the fact that high productivity markets are letting housing shortages and high costs eat into their labor markets is not a good thing for wages (as I'm sure you know being in California). It's all very complicated and interrelated with many other issues. I bet if we looked at incarceration rates we would see how that has harmed long-term prospects for a large share of workers, especially minorities. So I don't think what I said is some kind of silver bullet explanation. However I do think what I said is also a relevant piece of the puzzle. Widespread labor market monopsonies across industries and geographical areas plays a part in that as well.</quote> ... Copied to Clipboard!
lesidesi 08/03/18 2:10:02 PM #89:	Romes187 posted... ScazarMeltex posted... Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes. Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up sounds like someone is still in business school when you're in industry your view on this changes a bit --- If they can get you asking the wrong questions, they don't have to worry about the answers. <cite>lesidesi posted [p:906207711] in The US eco... [t:76867106]...</cite> <quote><cite>Romes187 posted...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote>Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes.</quote> Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up</quote> sounds like someone is still in business school when you're in industry your view on this changes a bit</quote> ... Copied to Clipboard!
BWLurker 08/03/18 2:12:17 PM #90:	silentwing26x posted... Why in God's name would you work at the same factory for 16 fucking years? If he doesn't have a degree, 20 bucks an hour full time with benefits is hard to match. Do you disagree with what he said? <cite>BWLurker posted [p:906207844] in The US eco... [t:76867106]...</cite> <quote><cite>silentwing26x posted...</cite> <quote>Why in God's name would you work at the same factory for 16 fucking years?</quote> If he doesn't have a degree, 20 bucks an hour full time with benefits is hard to match. Do you disagree with what he said?</quote> ... Copied to Clipboard!
Romes187 08/03/18 2:12:54 PM #91:	lesidesi posted... Romes187 posted... ScazarMeltex posted... Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes. Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up sounds like someone is still in business school when you're in industry your view on this changes a bit No I finished business school a few years ago and I've been working in a variety of different industries over the past 13 years of my life including manufacturing, automotive and now real estate. Small businesses to fortune 500 companies. my view on this hasn't changed - businesses that do good for their stakeholders are the ones that will survive the long term. ESPECIALLY in corporate America where these standards are put in writing in their handbooks and their mission statements. This isn't some off the wall viewpoint. <cite>Romes187 posted [p:906207875] in The US eco... [t:76867106]...</cite> <quote><cite>lesidesi posted...</cite> <quote><cite>Romes187 posted...</cite> <quote><cite>ScazarMeltex posted...</cite> <quote>Todays market is about short term investment. Get in, make a bunch of changes that jack up short term profitability at the cost of long term viability, then cash out before it crashes.</quote> Mmm in certain markets sure, but the trend has drastically changed to a stakeholder view for most businesses. The theory used to be that since customers are what drives profit, and profit is what shareholders want, anything good for the shareholder is good for the customer. But this left out a variety of things like community, employees, etc (aka stakeholders). You'll note that many businesses have a ton of different things they do for their local communities. Now, big multinational conglomerates? Probably a different story and those tend to be very complex machines. But many larger publicly traded companies employ a broader set of ...ethics than simply to make shareholders more money. It simply isn't a long term strategy anymore. Now, the fact that the average CEO tenure is increasing is also a good sign. It shrunk quite rapidly in the early 2000's, but companies are wising up and realizing that to win in the long term, you need to do more than pump stock prices up</quote> sounds like someone is still in business school when you're in industry your view on this changes a bit</quote> No I finished business school a few years ago and I've been working in a variety of different industries over the past 13 years of my life including manufacturing, automotive and now real estate. Small businesses to fortune 500 companies. my view on this hasn't changed - businesses that do good for their stakeholders are the ones that will survive the long term. ESPECIALLY in corporate America where these standards are put in writing in their handbooks and their mission statements. This isn't some off the wall viewpoint.</quote> ... Copied to Clipboard!
hyperpowder 08/03/18 2:13:17 PM #92:	China also has a low unemployment rate, doesn't make it a good country. --- Whoever beats my score I will give them a $10 PSN or Live card: https://www.youtube.com/watch?v=RpiorAx40GY <cite>hyperpowder posted [p:906207902] in The US eco... [t:76867106]...</cite> <quote>China also has a low unemployment rate, doesn't make it a good country.</quote> ... Copied to Clipboard!
Paper_Okami 08/03/18 2:14:20 PM #93:	TheMikh posted... Balrog0 posted... lowest unemployment in 50 years, but still no real wage growth i'm not even surprised i still maintain that a combination of obama-era monetary policy and trump-era deregulation/tax-cuts and consequent optimism is responsible for this current economic zeitgeist and that's not sustainable and overdue for a catastrophic correction This has literally been happening for decades wages have largely been stagnant since the 70s --- "Conceit, arrogance and egotism are the essentials of patriotism"- Emma Goldman "Wimmy Wham Wham Wozzle!" -Slurms MacKenzie <cite>Paper_Okami posted [p:906207956] in The US eco... [t:76867106]...</cite> <quote><cite>TheMikh posted...</cite> <quote><cite>Balrog0 posted...</cite> <quote>lowest unemployment in 50 years, but still no real wage growth</quote> i'm not even surprised i still maintain that a combination of obama-era monetary policy and trump-era deregulation/tax-cuts and consequent optimism is responsible for this current economic zeitgeist and that's not sustainable and overdue for a catastrophic correction</quote> This has literally been happening for decades wages have largely been stagnant since the 70s</quote> ... Copied to Clipboard!
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hyperpowder 08/03/18 2:17:59 PM #95:	M_Live posted... Balrog0 posted... lowest unemployment in 50 years, but still no real wage growth This is what politicians really need to address. I live in a place where nobody could afford to live & the few that can afford make sure that nobody else can. Wage stagnation is bad. I make 30 dollars an hour and can barely afford rent where I'm at. --- Whoever beats my score I will give them a $10 PSN or Live card: https://www.youtube.com/watch?v=RpiorAx40GY <cite>hyperpowder posted [p:906208146] in The US eco... [t:76867106]...</cite> <quote><cite>M_Live posted...</cite> <quote><cite>Balrog0 posted...</cite> <quote>lowest unemployment in 50 years, but still no real wage growth</quote> This is what politicians really need to address. I live in a place where nobody could afford to live & the few that can afford make sure that nobody else can. Wage stagnation is bad.</quote> I make 30 dollars an hour and can barely afford rent where I'm at.</quote> ... Copied to Clipboard!
darkphoenix181 08/03/18 2:19:30 PM #96:	@The_Great_Muta_22 posted... Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant That goes both ways though. You can't act like these are fake now when you defended them under Obama. If you do, you are no different then those you hate. --- chill02 to me: you are beautiful <cite>darkphoenix181 posted [p:906208239] in The US eco... [t:76867106]...</cite> <quote><cite>@The_Great_Muta_22 posted...</cite> <quote>Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant</quote> That goes both ways though. You can't act like these are fake now when you defended them under Obama. If you do, you are no different then those you hate.</quote> ... Copied to Clipboard!
newtonwuzvirgin 08/03/18 2:19:47 PM #97:	people saying you need the internet to get a job act like libraries don't exist --- I value knowledge over momentary physical manifestations of euphoria. <cite>newtonwuzvirgin posted [p:906208255] in The US eco... [t:76867106]...</cite> <quote>people saying you need the internet to get a job act like libraries don't exist</quote> ... Copied to Clipboard!
BWLurker 08/03/18 2:20:16 PM #98:	darkphoenix181 posted... The Great Muta 22 posted... Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant That goes both ways though. You can't act like these are fake now when you defended them under Obama. Can you source the claim that he defended them under Obama? Seems like you're pulling that one out of your ass <cite>BWLurker posted [p:906208279] in The US eco... [t:76867106]...</cite> <quote><cite>darkphoenix181 posted...</cite> <quote><cite>The Great Muta 22 posted...</cite> <quote>Amazing how Trump toadies don't care anymore about the "numbers not being true" from the same sources which reported them under Obama. And yeah, this doesn't mean squat when wages are still stagnant</quote> That goes both ways though. You can't act like these are fake now when you defended them under Obama.</quote> Can you source the claim that he defended them under Obama? Seems like you're pulling that one out of your ass</quote> ... Copied to Clipboard!
ultimate reaver 08/03/18 2:21:13 PM #99:	high unemployment doesn't mean a whole lot when the cost of living is far outpacing the growth of wages --- butts <cite>ultimate reaver posted [p:906208335] in The US eco... [t:76867106]...</cite> <quote>high unemployment doesn't mean a whole lot when the cost of living is far outpacing the growth of wages</quote> ... Copied to Clipboard!
RchHomieQuanChi 08/03/18 2:35:17 PM #100:	newtonwuzvirgin posted... people saying you need the internet to get a job act like libraries don't exist Yes, let me just take a trip on over to my library whenever I want to check an email or fill out a job application, because that totally isn't stupid. --- I have nothing else to say <cite>RchHomieQuanChi posted [p:906209093] in The US eco... [t:76867106]...</cite> <quote><cite>newtonwuzvirgin posted...</cite> <quote>people saying you need the internet to get a job act like libraries don't exist</quote> Yes, let me just take a trip on over to my library whenever I want to check an email or fill out a job application, because that totally isn't stupid.</quote> ... Copied to Clipboard!
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Current Events > The US economy continues to boom as unemployment falls to 3.9% (+) Yeah! (+)

Current Events > The US economy continues to boom as unemployment falls to 3.9%