Liberal Forum

Blackvegetable » 22 Jul 2024, 10:35 am » wrote: ↑

22 Jul 2024, 10:35 am

This isn't about me...it's about your threads sucking.

It is about you. You are the one that thinks they suck. Nobody else does. So prove that your opinion is worth a ****. 

*Vegas » 22 Jul 2024, 10:36 am » wrote: ↑

22 Jul 2024, 10:36 am

It is about you. You are the one that thinks they suck. Nobody else does. So prove that your opinion is worth a ****.

No...they objectively suck.

And you presume to judge mine.


 

Blackvegetable » 22 Jul 2024, 10:38 am » wrote: ↑

22 Jul 2024, 10:38 am

No...they objectively suck.


 

Then prove it you dumb piece of ****. God man. How many times...

Over and over and over again.....

*Vegas » 22 Jul 2024, 10:39 am » wrote: ↑

22 Jul 2024, 10:39 am

Then prove it you dumb piece of ****. God man. How many times...

Over and over and over again.....

I've never seen you prove anything. 

Prove they don't suck.
 

Blackvegetable » 22 Jul 2024, 10:45 am » wrote: ↑

22 Jul 2024, 10:45 am

Prove they don't suck.

There he goes again. Turns it on me. He makes a claim that they suck, then demands that I disprove his claim that he never proved. 


Same MO. Day after day. 

*Vegas » 22 Jul 2024, 11:12 am » wrote: ↑

22 Jul 2024, 11:12 am

There he goes again. Turns it on me. He makes a claim that they suck, then demands that I disprove his claim that he never proved. 

Same MO. Day after day.

I've never seen you prove anything. 

Prove you're not a moron.

Post an example of Survivorship bias. 


 

*Vegas » 21 Jul 2024, 10:29 am » wrote: ↑

21 Jul 2024, 10:29 am

I understand why Trump would want to do this, but I don't see how that will put more money in our pocket. Each market in our economy is not an island. What's done to one , cause a ripple effect to the rest, either directly or indirectly. For example, raising the min wage will put more money in to the worker's pocket in the short term. However, once the economy catches up to it, they will see how price are raised, which leaves the workers back to square one again. Eliminating income taxes would be great if it didn't effect other prices. Not just gas prices. We would only get more money in our pocket in the short term. Once the economy catches up to the change, we will be back to square one again.

​​​​And @Blackvegetable  , since I always have to dumb **** down for you, the paragraph above ^^^ are thoughts of my own. The one below is the copy/paste. Above   ^^^ my thoughts... below  copy/paste. O'tay?

https://www.msn.com/en-us/money/markets ... 4b80&ei=81

Increasing the minimum wage is the most stimulative thing you can do for the economy. Minimum wage workers spend their wages immediately. They do not save. They do not invest. They immediately recycle every penny they get their hands on.

The larger the volume of business, the less need there is to increase prices. For example, take the restaurant business. It is axiomatic (though mostly wishful thinking) that labor cost plus food cost should amount to 50%. HOW YA GET TO FIFTY IS IRRELEVANT - just that ya do so, that's the whole game.

Fine dining establishments are comfortable with a food cost of 35%, because each ticket is so high that it's easy to keep labor at 15. Dominos, OTOH, aims for 25% labor and 25% food cost. Both are shooting for 50% COGS, but getting there differently. 

When minimum wage is hiked, worker productivity goes up. The mechanism for this is pretty simple: employers do more business with the same team of workers. This raise in productivity offsets, at least partially, the raise in employee costs. And this obvious fact is deliberately overlooked by the advocates of working class poverty. 

The minimum wage in Mississippi, Tennessee, Oklahoma, Texas, and Louisiana is 7.25. In Arkansas, it is 11. In MIssouri, it is 12.30. Prices are virtually identical in all of these states. They should be much higher, if your theory were correct.
 
 

Cannonpointer » 22 Jul 2024, 11:43 am » wrote: ↑

22 Jul 2024, 11:43 am

Increasing the minimum wage is the most stimulative thing you can do for the economy. Minimum wage workers spend their wages immediately. They do not save. They do not invest. They immediately recycle every penny they get their hands on.

The larger the volume of business, the less need there is to increase prices. For example, take the restaurant business. It is axiomatic (though mostly wishful thinking) that labor cost plus food cost should amount to 50%. HOW YA GET TO FIFTY IS IRRELEVANT - just that ya do so, that's the whole game.

Fine dining establishments are comfortable with a food cost of 35%, because each ticket is so high that it's easy to keep labor at 15. Dominos, OTOH, aims for 25% labor and 25% food cost. Both are shooting for 50% COGS, but getting there differently. 

When minimum wage is hiked, worker productivity goes up. The mechanism for this is pretty simple: employers do more business with the same team of workers. This raise in productivity offsets, at least partially, the raise in employee costs. And this obvious fact is deliberately overlooked by the advocates of working class poverty. 

The minimum wage in Mississippi, Tennessee, Oklahoma, Texas, and Louisiana is 7.25. In Arkansas, it is 11. In MIssouri, it is 12.30. Prices are virtually identical in all of these states. They should be much higher, if your theory were correct.

Damn. Nice. I just got owned. Well done. 

Blackvegetable » 22 Jul 2024, 11:26 am » wrote: ↑

22 Jul 2024, 11:26 am

I've never seen you prove anything. 

Prove you're not a moron.

Post an example of Survivorship bias.

That's because I post level 2+. That is way of your head. 

You first. If I am one, then you lost to one. What's that make you? 

Admission...now. 

It looks like I am going to have to post tis again: 
https://www.youtube.com/watch?v=PHhyPttsGsk&t=1s
 

PhiloBeddo » 21 Jul 2024, 10:52 am » wrote: ↑

21 Jul 2024, 10:52 am

He said TIPS and only TIPS.

Right. Just the tip. 

*Vegas » 22 Jul 2024, 11:59 am » wrote: ↑

22 Jul 2024, 11:59 am

That's because I post level 2+. That is way of your head. 

You first. If I am one, then you lost to one. What's that make you? 

Admission...now. 

It looks like I am going to have to post tis again: 
https://www.youtube.com/watch?v=PHhyPttsGsk&t=1s

Prove you're owed an admission.

Blackvegetable » 22 Jul 2024, 12:01 pm » wrote: ↑

22 Jul 2024, 12:01 pm

Prove you're owed an admission.

Prove you are owed an example without one.

Again:
https://www.youtube.com/watch?v=PHhyPttsGsk&t=1s

*Vegas » 22 Jul 2024, 11:57 am » wrote: ↑

22 Jul 2024, 11:57 am

Damn. Nice. I just got owned. Well done.

I wouldn't say powned. I'd say I just added a missing component to the conversation. 

It is equally axiomatic and true that a rise in labor costs will ultimately increase the price consumers pay for goods. The issues isn't a simple one - and murkins like simple answers. Macro-economics isn't neat and simple, the way we like things.
 
 

*Vegas » 22 Jul 2024, 12:05 pm » wrote: ↑

22 Jul 2024, 12:05 pm

Prove you are owed an example without one.

Again:
https://www.youtube.com/watch?v=PHhyPttsGsk&t=1s

Prove you're entitled to air...

*Vegas » 22 Jul 2024, 11:57 am » wrote: ↑

22 Jul 2024, 11:57 am

Damn. Nice. I just got owned. Well done.

Yup..

You are INDISPUTABLY Level 0.27
 

Blackvegetable » 22 Jul 2024, 12:06 pm » wrote: ↑

22 Jul 2024, 12:06 pm

Prove you're entitled to air...

You first. 

Blackvegetable » 22 Jul 2024, 11:26 am » wrote: ↑

22 Jul 2024, 11:26 am

Prove you're not a moron.

 

NO QUESTIONS, DICK SUCKER!

https://i.pinimg.com/originals/be/10/d3 ... fb8c8a.gif
 

Blackvegetable » 22 Jul 2024, 11:26 am » wrote: ↑

22 Jul 2024, 11:26 am

Post an example of Survivorship bias.

NO QUESTIONS, DICK SUCKER!

https://i.pinimg.com/originals/be/10/d3 ... fb8c8a.gif

 

Blackvegetable » 22 Jul 2024, 12:08 pm » wrote: ↑

22 Jul 2024, 12:08 pm

Yup..

You are INDISPUTABLY Level 0.27

And this is also why I know more than you and why I am more informed than you. I am willing to admit when I am wrong. That allows me to learn new things. You on the hand, you narcissistic pile of dog ****, couldn't admit your errors if your life depended on it. 

That's why you are stupid as hell. 

*Vegas » 22 Jul 2024, 12:11 pm » wrote: ↑

22 Jul 2024, 12:11 pm

And this is also why I know more than you and why I am more informed than you. I am willing to admit when I am wrong. That allows me to learn new things. You on the hand, you narcissistic pile of dog ****, couldn't admit your errors if your life depended on it. 

That's why you are stupid as hell.

Prove I've been in error.