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02-17-2008, 06:35 PM
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#31 (permalink)
| | Wave yo hands in the aiya
Join Date: Oct 2005 
Posts: 40,969
| Quote:
Originally Posted by volinbham  On the off chance you aren't being sarcastic (which is rare I know  )
the system is not closed to America - moving the equilibrium target upwards creates inflationary pressures on the US vs the rest of the world. | you astutely caught the sarcasm. Inflation destroys wealth in myriad ways, not just in international situations. Fixed income types get destroyed. Assets lose relative value, because they just can't be repriced like new goods can. Inflation is death to economic systems and it happens very naturally without the socialist tendencies of those panhandling for votes making it worse. | 
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02-17-2008, 06:37 PM
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#32 (permalink)
| | Shuffle cutting mod
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Originally Posted by BigPapaVol I don't know of anyone trying to hire at minimum wage. | of course not because a small % of the US population even makes it anymore. Exclude the PT high-schoolers and it's even smaller. Further proof that the market could sustain itself without a false floor | |
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02-17-2008, 06:38 PM
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#33 (permalink)
| | Dusting the rafters
Join Date: Sep 2007 Location: Cookeville, TN
Posts: 12,255
| So many liberals criticise capitalism, and while it's flawed like everything else in life, name one system that's better. If libs will read their history books, while socialism sounds like a great idea on paper, history teaches us that only a select few see the benefits (usually those in power).
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When you're a Vol fan you're already halfway to heaven. You are expected to dress louder, yell louder, spend more, suffer more, exult more and care more. You usually go everywhere the team goes. You mix and mingle with friend and foe alike. You revel in victory and die in defeat. But either way, you always come back for more. - Russ Bebb | |
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02-17-2008, 06:40 PM
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#35 (permalink)
| | Dusting the rafters
Join Date: Sep 2007 Location: Cookeville, TN
Posts: 12,255
| Quote:
Originally Posted by BigPapaVol I'm sensing a severe conscience drought in this crowd. | Guilty as charged, according to some.
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When you're a Vol fan you're already halfway to heaven. You are expected to dress louder, yell louder, spend more, suffer more, exult more and care more. You usually go everywhere the team goes. You mix and mingle with friend and foe alike. You revel in victory and die in defeat. But either way, you always come back for more. - Russ Bebb | |
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02-18-2008, 08:21 PM
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#36 (permalink)
| | Rational Thought Allowed?
Join Date: Mar 2006
Posts: 8,362
| Quote:
Originally Posted by ksushalovesthevols federal minimum wage hasn't kept up with inflation and is one of the reasons the census bureau estimates that there are about 35 million people living below the poverty line in our country.
i think bringing minimum wage up to 9.50 right away is probably unrealistic (though not an inherently bad idea), but many cities have raised their own minimum wage beyond the minimum federal guidelines. for example, in san francisco, minumum wage is 9.36/hr, and that covers even restaurant employees who get tips. | You do understand that from a purely theoretical standpoint, minimum wage requirements can never keep up with inflation (since instituting these wages actually causes inflation to increase.)
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LG, when I think of UT football I think about world class sprinter WR's, like Gault,...fast bruising hard to tackle RB's, great OL play and a D that'll knock your d**k in the dirt. That's from the Johnny Major era thru the Philip Fulmer era.--HIGHTIDE 25 APR
Nam esse vitium et non nocere non potest | |
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02-18-2008, 08:26 PM
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#37 (permalink)
| | Go Vols
Join Date: Sep 2006 Location: FL
Posts: 19,835
| Quote:
Originally Posted by therealUT You do understand that from a purely theoretical standpoint, minimum wage requirements can never keep up with inflation (since instituting these wages actually causes inflation to increase.) | Never thought of it like that, good point. | |
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02-18-2008, 08:26 PM
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#38 (permalink)
| | Valid Victorian
Join Date: Feb 2007
Posts: 15,508
| Quote:
Originally Posted by therealUT You do understand that from a purely theoretical standpoint, minimum wage requirements can never keep up with inflation (since instituting these wages actually causes inflation to increase.) | Shhhh don't ruin the feel good story | |
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02-18-2008, 08:28 PM
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#39 (permalink)
| | hoping for a turnaround
Join Date: Sep 2006 Location: Johnson City
Posts: 13,660
| Quote:
Originally Posted by justingroves Shhhh don't ruin the feel good story | come JG, take a sociology class. All this common sense that's been posted since susha's last post is going to scare her away. | |
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02-18-2008, 08:31 PM
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#40 (permalink)
| | Valid Victorian
Join Date: Feb 2007
Posts: 15,508
| Quote:
Originally Posted by volfanbill come JG, take a sociology class. All this common sense that's been posted since susha's last post is going to scare her away. | 
Maybe I'm just a bad person for realizing the US isn't the world's nanny? | |
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02-18-2008, 08:32 PM
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#41 (permalink)
| | Go Vols
Join Date: Sep 2006 Location: FL
Posts: 19,835
| Quote:
Originally Posted by justingroves
Maybe I'm just a bad person for realizing the US isn't the world's nanny? | Nope Its the worlds SUPER NANNY | |
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02-18-2008, 08:32 PM
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#42 (permalink)
| | hoping for a turnaround
Join Date: Sep 2006 Location: Johnson City
Posts: 13,660
| Quote:
Originally Posted by justingroves
Maybe I'm just a bad person for realizing the US isn't the world's nanny? | I'm still trying to figure that out myself. I don't understand the fact that while we have billions of dollars worth of problems over here, we are supposed to increase our spending even more money overseas for other people. Screw our people, help the others. Makes no sense to me. | |
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02-18-2008, 08:39 PM
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#43 (permalink)
| | Dusting the rafters
Join Date: Sep 2007 Location: Cookeville, TN
Posts: 12,255
| Quote:
Originally Posted by volfanbill I'm still trying to figure that out myself. I don't understand the fact that while we have billions of dollars worth of problems over here, we are supposed to increase our spending even more money overseas for other people. Screw our people, help the others. Makes no sense to me. | Because the USA sucks, and the UN is the moral authority for the world.
__________________
When you're a Vol fan you're already halfway to heaven. You are expected to dress louder, yell louder, spend more, suffer more, exult more and care more. You usually go everywhere the team goes. You mix and mingle with friend and foe alike. You revel in victory and die in defeat. But either way, you always come back for more. - Russ Bebb | |
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02-18-2008, 08:40 PM
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#44 (permalink)
| | hoping for a turnaround
Join Date: Sep 2006 Location: Johnson City
Posts: 13,660
| Quote:
Originally Posted by volsforever27 Because the USA sucks, and the UN is the moral authority for the world. | that would make some sense if we weren't already the worldwide leaders in foreign charity by miles and miles. | |
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02-18-2008, 09:59 PM
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#45 (permalink)
| | Dusting the rafters
Join Date: Sep 2007 Location: Cookeville, TN
Posts: 12,255
| Quote:
Originally Posted by volfanbill that would make some sense if we weren't already the worldwide leaders in foreign charity by miles and miles. | I stated that in another post, but yet we don't do enough according to some.
__________________
When you're a Vol fan you're already halfway to heaven. You are expected to dress louder, yell louder, spend more, suffer more, exult more and care more. You usually go everywhere the team goes. You mix and mingle with friend and foe alike. You revel in victory and die in defeat. But either way, you always come back for more. - Russ Bebb | |
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