America gets a wage cut.

[WODIN]

Let's see.

Every year, more and more non-income-producing people enter the country. All sharing in the same pool of money.

It's only simple economics that that same money must be stretched out for everyone. Money doesn't magically appear and generate itself. Money must get spread around. And money *leaving* the country only makes things worse.

Declining wages are expected.

In other news: 1.2 million people entered the country last year and started making money. Money that, if you follow the money trail, came from the paycuts of others.

Simple economics: If u got 2 kids and each eat like kings, and you pop out 3 more -- those same 2 now have to eat less to make up for the new 3.

JUST SHUT UP ABOUT ECONOMICS..

Go take Money and banking 101 and if you don't get at least a 89 avg in the class you can not post on my threads. Got that.

 

[Whiskey]

we need to do tho things, put up a wall between us and mexico like the isreali's put up to keep the palestinians out and tell china to fuck off. yes it might hurt us right off without their shit but if the asain companies wanted to make any money, they would put their factories in the us. It would take awhile to show any effect... like three seconds, but i'd like to see it done.

Oh, and I recieved a pay raise. I have one coming for the next five years... unless the union gets every back to full pay rate this contract. "railroad"

Whiskey

 

[Razorguns]

JUST SHUT UP ABOUT ECONOMICS..

Go take Money and banking 101 and if you don't get at least a 89 avg in the class you can not post on my threads. Got that.

and your explanation is?

Oh yeah..weak-minded fools don't have any.

 

[Razorguns]

yup.. The direct cause for the spike in meical care in California is treating uninsured people. Mnay of our hospitals are going bankrupt because of all the illegal immigrants who get hurt, pregnant, etc.. and go in for care. They never pay.. they have no social security number and they use fake names.. so you cant ruin their credit.

Then we have the seniors.. and all the reduced cost medical care, prescriptions, you name it.

I have always felt medical care is not a right other than the most basic of emergency services to CITIZENS ONLY. I dont think some 8 year old guy should have 10 dollar prescriptions for a 300 dollar bottle of pills.. either get insurance or you dont get the best care. period.

Society should NOT Have to pay for the bad life choices of others. I pay 400 dollars a month for insurance.. I have the best PPO our company offers.. I deserve the best it buys.. but I PAY for it.. I dont expect taxpayers to foot the bill.

All the seniors dont realize its the taxpayer being fucked because the demand cheap care.. the best care in the world does NOT equal cheap.

Until this problem is fixed.. insurance comoanies will pass the cost onto corporations, who will pass it onto their employees in the form of huigher premiums and ferwer raises.

The government's financial budgeting problems and economics of the private sector's economics are not related.

Though inadequancies in government programs on a grander-scale (eg: social security) can have an affect on stocks as well as investor confidence in the economy -- it's not something the common worker needs to worry about in relation to their job.

Outsourcing, cheaper labour, lowering wages, breaking of unions, supply vs demand of labour -- are more real-life issues your everyday worker needs to be concerned about.

Factors which can have a direct impact on their employment and/or renumeration.

btw: The market is full of million-dollar salary people who claim to know everything business-wise. But if they're so smart -- why are their companies LOSING money?

One of the reasons why i don't invest in companies i know are led by overpaid knuckleheads who talk more than they walk.

 

[Alright123]

sweet , tougher banktruptcy laws and wage cuts....whats next?

 

[monkey arms]

Geeezz....... and I thought health care costs were attributed to the $12 per Advil and $4 cotton balls they charge you while in the hospital....stupid me.

 

[XBiker]

They're luck they got unions there in Hollywood.

There's a million $4/hr mexicans down the street ready to take over in a heartbeat.

Should be happy. It oculd be worse. A LOT worse.

-= nav =-

While this statement is relatively factual...

Originally Posted by Razorguns
Let's see.

Every year, more and more non-income-producing people enter the country. All sharing in the same pool of money.

It's only simple economics that that same money must be stretched out for everyone. Money doesn't magically appear and generate itself. Money must get spread around. And money *leaving* the country only makes things worse.

Declining wages are expected.

In other news: 1.2 million people entered the country last year and started making money. Money that, if you follow the money trail, came from the paycuts of others.

Simple economics: If u got 2 kids and each eat like kings, and you pop out 3 more -- those same 2 now have to eat less to make up for the new 3.

This one makes very little sense, -=nav=-

You really should just keep your illogical opinions to yourself.

 

[-SD-]

While this statement is relatively factual...



This one makes very little sense, -=nav=-

You really should just keep your illogical opinions to yourself.

The FED can actually "create" money using monetary policy via large buying and selling of government bonds to the banking system and manipulation of the Required Reserve Ratio of all private banking institutions. So really there isnt just a finite pie that gets diluted due to population increases, etc.

 

[PBR]

one thing i dont understand...how do the prices of homes/rent keep going higher and higher with everyone making less money?
our price median where i live for a home is now 775.000
Santa Barbara calif is at 1.2mil for their price median.
and the no.1 employer across the US is Wal-Mart????? @ 16,500 anual income avg.
Im not good at math or economics, but i cant get this one figured out....
Calif are going into the state of AZ at an alarming rate...this time last year MLS had over 30,000 listings for homes....right now, there are less than 5000 homes for the state of AZ on MLS....the homes are recording an unreal number of contracts biding for purchase...two homes as of last week had record highs of 30 -53 contracts on 1 home...a house that went into a biding war - sold for 100,000 more than the asking price in 1 day.....where/when will it stop?

 

[CFZB]

one thing i dont understand...how do the prices of homes/rent keep going higher and higher with everyone making less money?
our price median where i live for a home is now 775.000
Santa Barbara calif is at 1.2mil for their price median.
and the no.1 employer across the US is Wal-Mart????? @ 16,500 anual income avg.
Im not good at math or economics, but i cant get this one figured out....
Calif are going into the state of AZ at an alarming rate...this time last year MLS had over 30,000 listings for homes....right now, there are less than 5000 homes for the state of AZ on MLS....the homes are recording an unreal number of contracts biding for purchase...two homes as of last week had record highs of 30 -53 contracts on 1 home...a house that went into a biding war - sold for 100,000 more than the asking price in 1 day.....where/when will it stop?

When the Broken take to the streets.

Or the Educated stand up for them