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Comment: Um.. the bolt is $30k (Score 1) 507 507

_after_ gov't subsidies. It's also a tiny little car that does poorly in crashes. Why in hells name would I spend that kind of money? I could buy a Versa or an egg (excuse me, the Yaris) for $10k less and get the same features. There's no way in hell that car is going to save me $10k over the course of it's life. It doesn't help that it's a Chevy...

Comment: I don't think it's so much speculation (Score 1) 507 507

it's that wages aren't coming close to matching real inflation. By "real" I mean inflation of necessities (food, shelter and in this case transportation). It's a fact that wages have been declining for 40 years. Also when I was a kid I could get a pretty nice beater for a grand. Work part time over a summer and you had a car you could putz around in. That same kind of beater is $3-$5k now...

Comment: Um... I drop my el-cheapo LG all the time (Score 1) 83 83

Sure, it's dog slow, but it's hit the asphalt at least twice now and it's still kickin'. Hell, if they'd stop putting a heavy piece of glass on them to make them feel less like the cheap toys they are my kid's iPhone would stop breaking when she drops it.

Comment: You can't really do bankruptcy anymore (Score 1) 183 183

Not in America anyway. The laws changed and you can no longer discharge debt less than 100k. It's not the clean slate it used to be.

That's really the biggest trouble in America today. Everyone believes there's this safety net, but it's gone. Clinton gutted it in the 90s during the .com boom while the economy was doing so well nobody noticed...

Comment: Basically, you can only spend so much (Score 2, Insightful) 183 183

it has to do with how a dollar circulates. I'm in pretty bad shape financially. I had 3 close family members get hit with major illnesses all at once. I'm still recovering and I'm not sure I ever will. What I'm saying is I spend just about ever dollar I get my hands on paying debt and buying food/shelter/transportation. There's a little discretionary funds in there for my kid. I try to let her do thing things her friends (who's parents didn't get economically cock punched non stop for 10 years) do.

Now take a Donald Trump. No matter how greedy he is there's only just so much he can buy. At some point his money is just sitting around, doing nothing. He'll invest some of it, lose some of it, etc. But He's only got so much time in the day to do that. Eventually it becomes a war chest laying around doing nothing.

When we take it even further, to the level the Waltons have achieved what we have is pretty much the dark ages. You've got a small group of folks with _all_ the wealth. They're more or less Gods (Divine Right of Kings, anyone?). They stop investing because, heh, why should they? They already have the best civilization has to offer. As a result things can really only get worse for them.

If the above sounds complicated it's because it is. That's what makes cutting the marginal tax rate so seductive. It sound like an easy answer to the world's problems. Supply side economics, right? But there really is a reason we called them Voodoo Economics...

Comment: Yeah, but I still don't see the problem (Score 3, Insightful) 183 183

you're still living very, very well. Also, these high level marginal tax rates are about the only thing that I've ever seen that solves the problems with income inequality. Specifically how a civilization leans towards oligarchy and stagnation as a smaller and smaller group of people claim all the money for themselves. Wealth builds on wealth, and at least here in America we don't see any end to that. The pie might get bigger, but if my slice gets tinnier ever year it hardly matters...

Put another way, I saw an interview with a multi millionaire complaining she didn't have any political voice anymore because the billionaires money crowded her out...

Comment: Oh get over it. (Score 1, Troll) 183 183

It's a 9% tax on entertainment. It's not the bloody Spanish Inquisition or the Gestapo. It's become damn near impossible to raise taxes enough to run a city anymore. The Right Wing have a name for it, Starve the Beast. Thing is a big dog is a beast, and that Beast was the only thing keeping the Robber Barons at bay. Doesn't anyone remember what laissez faire meant for 99% of the population in 1900s?

Comment: Um... for what jobs? (Score 1) 132 132

See, we're offshoring as fast as we can and when we can't do that we bring in more H1-Bs. Hell, I'm starting to see them in non-technical fields like entry level business analysis.

The real solution is protectionism and an end to the H1-B visa program so you don't need a 4 year degree to do something that can be learned in an afternoon. As long as companies use that degree qualification as a quick and easy way to get H1-Bs for free you'll have kid's drowning themselves in debt out of desperation.

Comment: Doesn't disgust me (Score 2) 138 138

There's a ton of basic science getting done for that $150 mil you're ignoring. I don't even get too made at the F-35s. At the end of the day it's all just socialism. Military Spending is about the only way we lower castes have ever managed to pry money away from the 1% (not counting a few minor victories with Unions that really only happened thanks to the Cold War).

Eisenhower talked about it in his memoirs. He and a bunch of progressives created the Military Industrial Complex as a way of redistributing wealth. It was the only way he could keep the US Economy going instead of grinding to a halt when the 1% took everything for themselves. As I recall he was guilty over it and thought the harm done was worse than the help, but the only folks I know doing OK right now have gov't jobs that either are or depend on the Military...

Comment: Um.. we don't see it as advancing our career (Score 5, Interesting) 125 125

At least in America if you don't move into management you're dead meat by 40, 50 tops (unless you're some sort of genetic freak). Around that time it becomes impossible to put in the 50+ hour work weeks at a moments notice let alone compete with cheap H-1b labor. It's not even age discrimination. They don't care that you're old, they care that you either can't or won't put in tons of overtime they don't pay you for.

"Oh my! An `inflammatory attitude' in alt.flame? Never heard of such a thing..." -- Allen Gwinn, allen@sulaco.Sigma.COM

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