Current Events, News, Politics Keep the politics here.

The Current Events, News, and Politics Thread

Thread Tools
 
Search this Thread
 
Old 01-20-2021, 08:45 AM
  #20701  
Retired Mech Design Engr
iTrader: (3)
 
DNMakinson's Avatar
 
Join Date: Jan 2013
Location: Seneca, SC
Posts: 5,009
Total Cats: 857
Default

Originally Posted by Braineack
X x .585 % wage/salary workers = 81,900,000 wage/salary workers
81,900,000 / .585 = 140,000,000 full time
140,000,000 + 81,900,000 = ~221,900,000 total work force
1,700,000 workers at or below the federal minimum / 221,900,000 twf = 0.0076% of the total working population.
Min wage employees are statistically insignificant.
It is good that minimum wage employees are statistically insignificant. That means the market is prevailing over the law. However, if the minimum wage is raised sufficiently (I'm not sure what that is, but I suspect 2X will do it) then it is no longer statistically insignificant and the law has now an effect on the economy, rather than the market.

The market should drive the economy, not the law.
DNM
DNMakinson is offline  
Old 01-20-2021, 09:31 AM
  #20702  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

yes. But tell a democrat you're against min. wage laws and they'll think you just murdered a baby "sieged" the capital.


Braineack is offline  
Old 01-20-2021, 09:48 AM
  #20703  
Senior Member
iTrader: (5)
 
chiefmg's Avatar
 
Join Date: Dec 2010
Posts: 1,473
Total Cats: 1,113
Default


chiefmg is offline  
Old 01-20-2021, 10:00 AM
  #20704  
Elite Member
 
z31maniac's Avatar
 
Join Date: Oct 2011
Location: OKC, OK
Posts: 3,693
Total Cats: 222
Default

Originally Posted by Braineack
None of this even matters. Here's what matters:



X x .585 % wage/salary workers = 81,900,000 wage/salary workers
81,900,000 / .585 = 140,000,000 full time
140,000,000 + 81,900,000 = ~221,900,000 total work force
1,700,000 workers at or below the federal minimum / 221,900,000 twf = 0.0076% of the total working population.

Min wage employees are statistically insignificant.
https://www.statista.com/statistics/...rce-in-the-us/
z31maniac is offline  
Old 01-20-2021, 10:19 AM
  #20705  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

what's your point here? I linked BLS as the source. https://www.bls.gov/opub/reports/min.../2018/home.htm
Braineack is offline  
Old 01-20-2021, 12:31 PM
  #20706  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,048
Total Cats: 6,607
Default

Watching the inauguration. (Well, listening to it, as PGM audio is in the headset loop.)

That was, in all sincerity, one of the best denouncements since the end of the Stalin era.
Joe Perez is offline  
Old 01-20-2021, 12:41 PM
  #20707  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

Originally Posted by Joe Perez
That was, in all sincerity, one of the best denouncements since the end of the Stalin era.

Braineack is offline  
Old 01-20-2021, 12:45 PM
  #20708  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,048
Total Cats: 6,607
Default

Originally Posted by Braineack
(goatfuck)
Well, yes.

It is the nature of politics that failure is due to the lingering effects of the previous regime, whereas success is attributable to the clear vision of the new regime.

This has always been true, and not merely in the US. It is a global truth.
Joe Perez is offline  
Old 01-20-2021, 12:46 PM
  #20709  
Senior Member
 
Bajingo's Avatar
 
Join Date: Aug 2019
Location: Avl NC
Posts: 831
Total Cats: 193
Default

His calls for unity wring hollow when his party has been worse than any
Bajingo is offline  
Old 01-20-2021, 12:58 PM
  #20710  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,048
Total Cats: 6,607
Default

Originally Posted by Bajingo
His calls for unity wring hollow when his party has been worse than any
Don't be so pessimistic. It's entirely for us to be united in blaming all of our perceived problems on whiteness and an excess of liberty.
Joe Perez is offline  
Old 01-20-2021, 01:15 PM
  #20711  
Senior Member
 
Bajingo's Avatar
 
Join Date: Aug 2019
Location: Avl NC
Posts: 831
Total Cats: 193
Default

Won't that be fun
Bajingo is offline  
Old 01-20-2021, 02:26 PM
  #20712  
Elite Member
 
z31maniac's Avatar
 
Join Date: Oct 2011
Location: OKC, OK
Posts: 3,693
Total Cats: 222
Default

Originally Posted by Braineack
what's your point here? I linked BLS as the source. https://www.bls.gov/opub/reports/min.../2018/home.htm
That while min wage are essentially statistically insignificant, it's nowhere close to 221 million in the workforce.

I mean, you're only off by 61 million people.
z31maniac is offline  
Old 01-20-2021, 02:39 PM
  #20713  
Senior Member
 
Bajingo's Avatar
 
Join Date: Aug 2019
Location: Avl NC
Posts: 831
Total Cats: 193
Default

#not my president #resist
Bajingo is offline  
Old 01-20-2021, 03:10 PM
  #20714  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,048
Total Cats: 6,607
Default


Joe Perez is offline  
Old 01-20-2021, 03:18 PM
  #20715  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

Originally Posted by Joe Perez
NEW AND IMPROVED FORMULA: ACTUAL PROOF INCLUDED!


you realize, it's not some fringe group that believes this fact right?

https://www.newsweek.com/republicans...y-poll-1562343

A CNN poll, released on Sunday and conducted by SSRS between January 9 and 14, shows that 75 percent of Republicans do not think that Biden won the election legitimately, compared to 1 percent of Democrats and 36 percent of independents.
I don't believe 75% of republicans have ever agreed on something before.

Braineack is offline  
Old 01-20-2021, 03:25 PM
  #20716  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

Originally Posted by z31maniac
That while min wage are essentially statistically insignificant, it's nowhere close to 221 million in the workforce.

I mean, you're only off by 61 million people.
math is hard bro.

im going by the text: In 2018, 81.9 million workers age 16 and older in the United States were paid at hourly rates, representing 58.5 percent of all wage and salary workers

what i did wrong was add them back into 140,000,000.

so therefore:

1,700,000 workers at or below the federal minimum / 140,000,000 twf = 0.012% of the total working population.
Braineack is offline  
Old 01-20-2021, 03:29 PM
  #20717  
Boost Czar
Thread Starter
iTrader: (62)
 
Braineack's Avatar
 
Join Date: May 2005
Location: Chantilly, VA
Posts: 79,501
Total Cats: 4,080
Default

How is this industry going to survive?

Facebook Post

oh **** off FB. https://www.facebook.com/proventrue/videos/165311041708714

*not pictured, the little girls he was trying to embrace.
Braineack is offline  
Old 01-20-2021, 03:40 PM
  #20718  
Junior Member
 
Diamond Dave's Avatar
 
Join Date: May 2010
Location: Portland, OR
Posts: 189
Total Cats: 35
Default

Originally Posted by dieselmiata

It's terrifying that you claim this with such passion and conviction, when it's clear you have never read the Fair Labor Standards act of 1938 and could not possibly be more wrong if you tried. Roosevelt said, “In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
It's concerning that you are "terrified" of thought that differs from your own. Or maybe more likely, you are terrified because you are the center of your own universe and have therefore adopted all of the "correct" positions?

I'm sorry you think the FLS means "living wage". Look at any of the metrics you'd need to understand in order to create a living wage in each city of every state and then you'll realize your position isn't supported. Does an 18yr old High School Senior have the same "living wage" as a 38yr old adult providing for a stay at home mom and 2 young children?

Lastly, your reference to the woke "inclusive" Miata forum is just shameful. You don't mean inclusive, you mean single thought. Big difference. Do you own a business or have you ever been in charge of the P&L for a division where labor was involved? It sounds like you have zero idea of what running a business entails.



[QUOTE=poormxdad;1591149
What is really terrifying is seeing the grins in dimwitted people's brains when I suggest making the minimum wage $100 per hour. It wouldn't change their lives one bit, but they'd be paying more in taxes.[/QUOTE]

Bingo. An uncomfortable truth. Biden's ludicrous claim of "this $15/hr wage will lift people out of poverty" is stupefying. Wages don't "lift you out of poverty", but a pattern of wise decisions with hard work will. That's why the concept of "middle class" is a politician's lie - the definition isn't earnings, it's debt.



Originally Posted by Bajingo
Being trans is a mental health issue not saying she isn't capable but we can definitely question her on that alone. Or if it's a "preference" and not a medical disorder we can question and mock because a preference is a choice and not a inherent quality.
Are more people too dim to understand this? If we're supposed to "TRUST SCIENCE!!!", then how can they possibly say that a person with Transgender dysmorphia, a thing that ONLY exists in THEIR head, is anything more than a mental disorder?!




I'm not hopeful in waiting for people to wake up and use rational logic with their brains to realize the charade that just occurred with the fake election.
They believe Biden got more overall votes than any candidate in history? Yet his rallies were either non-existent or a dozen people showed up (I'm happy to refer to this as 500ppl if it makes anyone feel better) and no one watches his live feeds. Meanwhile Trump is doing multiple rallies each day with 10K to 30K people, there are vehicle parades, and his social media engagement is massive.

They're eager to rejoin the terrible Paris Climate accord. Climate change is so bad that the USA needs to be restricted and fined, while the world's WORST polluters (China, India, and Russia) get to continue building the dirtiest coal fired power plants through 2030?! If Climate Change is man made and taxing the USA is helpful, why aren't all countries cutting production?

Path to citizenship for 11M illegal aliens. I think this number is closer to 30M, but whatever. How does it benefit the USA to bring in the absolute poorest, lowest educated, lowest skilled workers and sign them up onto our welfare programs? Studies show that immigrants from Mexico, Guatamala, Honduras, etc. consume social benefits more than the lowest skilled US workers and immigrants stay on social service programs for longer and they only increase the size of our poverty segment.
Diamond Dave is offline  
Old 01-20-2021, 03:56 PM
  #20719  
afm
Senior Member
iTrader: (3)
 
afm's Avatar
 
Join Date: Nov 2015
Location: Berkeley, CA
Posts: 981
Total Cats: 508
Default

Originally Posted by Braineack
1,700,000 workers at or below the federal minimum / 221,900,000 twf = 0.0076% of the total working population.
Originally Posted by Braineack
what i did wrong was add them back into 140,000,000.

so therefore:

1,700,000 workers at or below the federal minimum / 140,000,000 twf = 0.012% of the total working population.
The bigger discrepancy is that those fractions actually represent 0.76% and 1.2%, respectively.
afm is offline  
Old 01-20-2021, 04:00 PM
  #20720  
Boost Pope
iTrader: (8)
 
Joe Perez's Avatar
 
Join Date: Sep 2005
Location: Chicago. (The less-murder part.)
Posts: 33,048
Total Cats: 6,607
Default

Originally Posted by Braineack
you realize, it's not some fringe group that believes this fact right?

https://www.newsweek.com/republicans...y-poll-1562343
So, a few important points:

1: I am not denying that fraud occurred. In fact, I don't know of anyone who is denying that, with the exception of 99% of Democrats, the vast majority of the media, and pretty much everyone else who dislikes scary orange man.

2: Both Pew and Gallup say that the percentage of Americans who identify as Republican (both as a share of the population as a whole, as well as a share of registered voters) has been in decline for the past 15 years or so, with that trend accelerating early on in Trump's term. Sources for data:

https://news.gallup.com/poll/315734/...democrats.aspx
https://www.pewresearch.org/politics...raphic-groups/

3: Many people would tend to describe the remaining minority of the US population who identify as Republican (a particularly those who specifically support / approve-of former President Trump) as a "fringe group." I'm not being sarcastic about that, it's the truth. The Republican party has done a lot of damage to itself over the past few decades.
Joe Perez is offline  


Quick Reply: The Current Events, News, and Politics Thread



All times are GMT -4. The time now is 03:51 PM.