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EL_CALIENTE
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The only piece of shit here is you, bud. Why don’t you calm down and sit this one out? All you’ve done is tell everyone they are wrong without providing any facts to why you’re right.

It always fascinates me that neither party seems to cater most to the centrists out there....hard core liberals are never going to vote Republican and hard core Republicans are never going to vote Democrat. So why spend so much time talking to THEM? The ones they need are the ones in the middle and no one seems to

This is a good explanation of the state of things....the 3 states that essentially voted him into power have been going along with the Democratic party and all of their social initiatives for the past 20 years. Meanwhile, their own lives have to turned to shit because they never recovered from any number of recessions

No snark here, Hamilton, but I legitimately think you would be happier living in Canada or even my home country. Have you ever lived abroad? I’d be curious your thoughts on the day to day realities of socialistic policies.....they weren’t all that great, at least for me, and the corruption is at levels I never thought

A true democracy is typically defined by elections solely determined via popular vote....we are a constitutional republic which is “democracy-lite”. People vote but, at the Federal level, things are determined by the electoral college.

Can you point to a country where socialism/communism works? Because where I’m sitting, I can’t find one throughout any timeframe in history. Those policies do nothing for the common man other than bring everyone else down to their level....I left a socialist country once already, I’d prefer NOT to have to do it again.

The problem with this argument is that you’re taking the last 7 years worth of data and extrapolating across the life of a pension fund (50-100 yrs). Sure, hedge funds have underperformed as of late (for all sorts of reasons) but that won’t be true forever and given the market has done nothing but go up for the past 8

True, but doesn’t the water smell like rotten eggs because of the geo-thermal heat? A friend, who just went, said everywhere she went smelled like sulfur. Fun!

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Only time anyone ever reacted in a theatre I was in was this scene in Bourne Ultimatum:

Same crimes Gisele’s did, probably.

Time is the big one in my opinion...it takes time to build a house, to build a giga-factory in Nevada, etc. Even with unlimited resources it’s still going to take time to produce the supply needed to keep up with demand and hit equilibrium pricing.

Nice chatting with you but it’s back to the salt mines for me!

Or maybe it was his decision to build one for the low end market at $825 when his competitors were charging $2,000 that made people be able to afford them.....two sides to every coin.

Good try, though.

I agree with your points here, 100%, but we don’t live in a perfect society where supply can instantly be ramped up to meet increasing demand....especially for the higher ticket items like housing/cars/etc and for the reasons you sourced yourself (gov’t interference being a big one).

It’s already been studied and it’s called Demand Pull Inflation....an increase in disposable income (either via a tax cut or in this case a permanent rise in income across every worker in the country at the same time) generally leads to an increase in demand for goods which leads to inflation.

Listen, if you want to believe that a re-org that would result in a size-able increase of wages for rank and file (across every company in the US) would NOT result in higher prices for higher priced items, go for it.

All I know is if you gave people making an average of $100,000 (like in S.F.) a permanent wage

Only evidence I can give you is to look at inflation and interest rates in the past: real inflation (and interest rate spikes) seem to coincide with increases in wages (the 70's, late 90's/early 00's, etc.).

People argue it was a supply shock and price spike in oil that lead to inflationary spikes in the 70's but oil

I agree, it’s scary as a lot of people use their job to know their place in society - what does that look like in a world where we don’t need as many jobs? Having people sitting around idle is not a good thing. And to your point on delivery truck drivers - I think the drones, or something else, will come along soon

In your own reply you say you agree with me so I would say I understand economic theory.....based on your own judgement of it.

Your example uses 1 company but if you were talking about a universal basic income were you not? If you apply that to everyone in society......I think you don’t change any of the problems. If the average salary goes from $60,000 to $100,000 then the average price of everything goes up as well.

If suddenly everyone can

What if they are the founder of the company? Bill Gates would probably fit that description and then some.