Comment Re:OK, so... (Score 1) 567
If John has the right to print currency, then yes the trust fund can be relied on and no he is not broke.
If John has the right to print currency, then yes the trust fund can be relied on and no he is not broke.
Yes, those fascist universities are much more authoritarian than prisons or the military.
There's a joke that "Christ, what an asshole." can be fittingly substituted for the caption of any New Yorker cartoon. It works on Wall Street Journal articles just as well.
You drive your car on roads that our taxes paid for.
During Katrina FEMA was slow and let people die. The director of FEMA didn't know, three days after the storm hit, that there were refugees in the convention center. Anybody who had been watching television during those three days knew.
The head of FEMA during Katrina was appointed because he was Bush's campaign manager's college buddy. His previous job was as an inspector of Arabian horse judges.
The current head of FEMA's previous job was 8 years as director of the Florida Division of Emergency Management.
Seriously. You are going to try to compare the two situations? You're doing a heck of a job.
Let us know how that inland harbor thing works out for you.
Here are the average salaries from the 2010-2011 Dice survey, by programming language:
ABAP $105,887
Korn Shell $96,886
Perl $94,210
Java/J2EE $91,060
C $90,346
Python $90,208
Ruby On Rails $89,973
PL/SQL $89,742
Shell $88,918
C++ $86,648
COBOL $85,847
C# $85,501
Javascript $81,576
VB.net $79,646
Doesn't look to me like Java engineers are particularly cheap.
You argue, in effect, that a US software developer and an Indian software developer are close substitutes. Close substitutes should have similar prices, or people would choose the cheaper option over the expensive one.
US software developer: $80-130K.
Indian software developer: $10-25K
These are not close substitutes. IT jobs that can be sent offshore have been sent offshore. The jobs remaining in the US are the jobs where a local resource is, for whatever reason, an order of magnitude more productive than an offshore one.
What would happen if H1-B visas were eliminated and salaries rose would not, for the most part, be a move by executives to offshore more jobs. There may be a few situations in which executives would say, "Well when we could get 10 Indian developers for the price of one US developer, it made sense to keep the job here, but now that we can get 10 and a half, let's send the work offshore", but only a few. What would happen would be that some marginal projects wouldn't get done - the rising wages would simply make it too costly. Some people in the US who would have gone into other areas would go into tech instead. And some of the profits being made by companies would go to tech workers instead.
VINYL SALES up 55% in first half of 2011
...
The UK numbers follow hot on the heels of figures from Nielsen which showed vinyl sales up 41% in the US in the same period.
2010 marked the fourth successive year of growth in vinyl album sales in the UK.
link
30 to 50% sales growth for half a decade isn't what I would call a dramatic reduction.
And that's just new sales. Vinyl lasts for generations, it's not going away any time soon.
Quantity is no substitute for quality, but its the only one we've got.