Oh wow does this mean I'm libertarian
Economics Thread
- Thread starter sturg33
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Oh wow does this mean I'm libertarian
nsacpi
Expects Yuge Games
In principle a bailout program for businesses could be designed that would not primarily benefit shareholders and entrenched management. In reality, our political system doles out these bailouts based upon interest group politics, political donations, etc. So as a second-best solution I'd rather there be little or no corporate bailout money.
nsacpi
Expects Yuge Games
to thine own self be true...be proud
cajunrevenge
Well-known member
Yes, giving checks out to each family is basically just a tax cut. Even if they dont pay any income tax we all pay a good bit in other taxes. And as a big Ron Paul guy he has lost it. Still far better mental shape than Trump but that isnt a high bar.
57Brave
Well-known member
unintended consequence
Working from home reveals another fault line in America’s racial and educational divide
While many are hunkered down with laptops at home, others must show up for work. The difference splits starkly along race and educational level.
https://www.washingtonpost.com/busi...ault-line-americas-racial-educational-divide/
The divide is stark within industries. About 60 percent of people who said they work in “management, business and financial operations” said that they could work from home. But fewer than 10 percent of workers said they could do so in categories described as “services,” “construction and extraction,” “installation, maintenance and repair,” “production” and “transportation and material moving.”
There are also divisions along race and class lines. Thirty-seven percent of Asian Americans and 30 percent of whites said they could work remotely. But only 20 percent of African Americans and 16 percent of Hispanics said they had that ability.
Almost 52 percent of those with a college education or higher said they could work from home, but only 4 percent of those with less than a high school diploma said they could.
“It is really shedding light on some inequalities in a new way,” said Heidi Shierholz, former chief economist for the Labor Department, now at the Economic Policy Institute.
“A lot of people who have highly paid, white-collar jobs that are computer-focused can adjust to this crisis without a lot of pain. And then there’s a much larger group that can’t adjust without a lot of pain to themselves and their families.”
“A lot of people are living paycheck to paycheck,” said Chris Wiers, president of Local S6 of the Machinists Union that represents many of the nearly 7,000 workers at the Bath Iron Works shipbuilding factory in Maine.
“You go two weeks without pay or more and you risk losing your house, your car, and a lot of people have those concerns.”
Read More Here
Working from home reveals another fault line in America’s racial and educational divide
While many are hunkered down with laptops at home, others must show up for work. The difference splits starkly along race and educational level.
https://www.washingtonpost.com/busi...ault-line-americas-racial-educational-divide/
The divide is stark within industries. About 60 percent of people who said they work in “management, business and financial operations” said that they could work from home. But fewer than 10 percent of workers said they could do so in categories described as “services,” “construction and extraction,” “installation, maintenance and repair,” “production” and “transportation and material moving.”
There are also divisions along race and class lines. Thirty-seven percent of Asian Americans and 30 percent of whites said they could work remotely. But only 20 percent of African Americans and 16 percent of Hispanics said they had that ability.
Almost 52 percent of those with a college education or higher said they could work from home, but only 4 percent of those with less than a high school diploma said they could.
“It is really shedding light on some inequalities in a new way,” said Heidi Shierholz, former chief economist for the Labor Department, now at the Economic Policy Institute.
“A lot of people who have highly paid, white-collar jobs that are computer-focused can adjust to this crisis without a lot of pain. And then there’s a much larger group that can’t adjust without a lot of pain to themselves and their families.”
“A lot of people are living paycheck to paycheck,” said Chris Wiers, president of Local S6 of the Machinists Union that represents many of the nearly 7,000 workers at the Bath Iron Works shipbuilding factory in Maine.
“You go two weeks without pay or more and you risk losing your house, your car, and a lot of people have those concerns.”
Read More Here
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cajunrevenge
Well-known member
nsacpi
Expects Yuge Games
Until today my company managed fine with working from home. Due to multiple issues my people were reporting today, one of my IT guys and I came into the office to see if there were some issues with our server. But it looks like the issue is stress on the internet. Netflix is killing us softly.
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Conference calls because live video is being transferred. I'm on multiple every day.
nsacpi
Expects Yuge Games
All the schools trying to hold classes online.
I can’t wait until Netflix and amazon decrease their video bandwidth in America like they did in Europe last week. It’s going to be a bitch fest all over social media.
Don't tell them they can change it to HD if they want.
Youtube has put i think all vids on SD by default with option to put it in HD.
goldfly
<B>if my thought dreams could be seen</B>
it's a great time to be a live to see how silly being a "liberation" is
cajunrevenge
Well-known member
Yes, the first pandemic ever..... who could have foreseen such an event..... maybe the person who set up a Pandemic response team...... probably Obama's fault.
sturg33
I
Looks to me like this is causing libertarian arguments to thrive.
Slashing regulations on businesses and healthcare, home schooling kids, unleashing the power of the private sector, relying on federalism instead of authoritarianism, the list goes on.
I'm glad Trump has resisted the urge to take more power in this crisis. I know his predecessor would have seized that opportunity.
The stimulus is a joke as they often are. But havent had a free market capitalist system since the creation of the fed. The fed continues to expand the bubble. This is not free markets.
As far as the stimulus, at least it kinda acts as a tax cut. Although, it's really stupid they are means testing it.
Slashing regulations on businesses and healthcare, home schooling kids, unleashing the power of the private sector, relying on federalism instead of authoritarianism, the list goes on.
I'm glad Trump has resisted the urge to take more power in this crisis. I know his predecessor would have seized that opportunity.
The stimulus is a joke as they often are. But havent had a free market capitalist system since the creation of the fed. The fed continues to expand the bubble. This is not free markets.
As far as the stimulus, at least it kinda acts as a tax cut. Although, it's really stupid they are means testing it.
sturg33
I
Amash is still the best congressman on the hill
sturg33
I
I'm pretty conflicted on this I'll be honest. The airlines are kind of an obvious one... the government essentially shut them down. They employee millions of people. Is a loan to them better than millions unemployed and a scrambling sector that wont be able to recover quickly when this is over?
It's an interesting debate.
I dont much care about cruise lines, etc. But then there I am picking winners and losers.