Basically so long as you're making more stuff with less or even the same people you can raise wages without price inflation, because that's real wage growth. e.g. there's more stuff for everybody. Well, not since 2008 though. Since 2008 the more stuff part of the equation has gone to the top 1%....
The "more stuff" part maybe hasn't gone to you, but globally, the gains aren't restricted to the top 1%. Billions of people have entered the middle class (and millions have joined the 1%).
Meanwhile we've got a small minority of voters who have a disproportionate amount of power (a Montana voter has 46 times more power than a California one) that are forcing their will on the rest of us.
It's not a small minority: residents of 29 states (+ DC) have more voting power than the other states.
And the 46x power is theoretical; based on actual ballots cast, it's much less
Since you're assigning responsibility for updating outdated content, why isn't it the responsibility of the cited website's author to update their page, rather than taking it down?
In my experience with Wikipedia dead links, it's almost always a case of a server no longer existing or a site changing their CMS without setting up redirects.
I think with most people carrying around a portable network-enabled microphone all the time (their smartphone), having stationary network-enabled microphones around the home does not worsen their privacy.
They're just using what was already there (and paid for by my tax dollars, yet again).
Bezos' Blue Origin has only taken small amounts (in government terms) of tax payer funding. They're basically self-funded by Bezos himself.
And SpaceX is saving the government a lot of money. NASA estimated that SpaceX development of the Falcon 9 at a cost of $390M would have cost $3-4B by traditional means (source). All of the launch providers (ULA, Arianespace, the Russians) are scrambling to get their costs down, lest they lose their place in the market.
> The Google Campus is intended to be a magnet for annoying young entrepreneurs whose IT-sweatshops... > We call on all rebellious tenants, subversive and precarious cultural workers, work-shy benefit scroungers,... and all other local pests from the > neighborhood (and beyond) to join us in the occupation
I wonder if annoying young SF techies are included in the "local pests from beyond the neighborhood" that are welcome to join in the occupation....
Survivorship bias. The Macbooks may have dented edges, but the plastic laptops have cracked and have been taken out of circulation. You see the dented MBPs because they survived being dropped on the concrete floor by clumsy TSA agents (/me examines dent on current MBP...).
I know dozens of people stuck at dead end jobs because they can't go 90-180 days w/o health care.
There are other alternatives besides just waiting for the whole system to change:
1. Save up cash and pay for health care services as-needed until the new insurance kicks in 2. Decline the employer health insurance plan and get added to a spouse's plan 3. Decline the employer health insurance plan and buy independent health insurance
Say you tax vehicles to cover road maintenance and pollution costs. All you have done is price some percentage of people off the road.
Income tax is the only fair, progressive tax.
I think pay-for-use is quite fair. Taxing vehicles to fix roads isn't pay-for-use; gas and diesel tax is. Diesel is taxed higher than gasoline (where I live), since diesel vehicles are primarily trucks, which do more road damage due to their weight. The users of the service pay for usage. Heavy users pay more. And gas tax is unlikely to have driven people off the road; it does reduce the number of trips people make on the road, or has forced them to other means of transport (bike, bus).
Seriously there must be better uses for such a precious commodity
It's not precious: wood literally grows on trees. At least in the developed world, most wood is harvested from managed forests, which are basically tree farms. Cut 'em down and replant. The timber company is incentivized to replant and practice good silviculture techniques because timber is their product.
From an environmental perspective, wood is a carbon sink. Trees absorb carbon, and timber stores it.
In most of the US there are no paid sick days for restaurant workers.
I think you mean no federal government mandated requirement for paid sick days. That doesn't mean restaurants are full of sick workers.
1. Some restaurants do provide paid sick days as a benefit (TGI Friday, Five Guys, In-N-Out).
2. Workers covering much of the US population are required to have sick time by state and local regulations: CA, CT, MA, OR, VT, AZ, WA, RI, MD, DC, NYC.
3. No paid time off != working while sick. When I was an hourly worker, I didn't have any PTO. But I did have lots of scheduling flexibility, since there were always coworkers looking to pickup extra hours. In fact, management -- not wanting a contagious worker around healthy workers -- would assist in schedule swapping. Sick person stays home, fewer germs in the office, all the work still gets done.
The wires between houses need to be constructed in either scenario.
One of the benefits of on-prem solar is that the generation is distributed. So no, the two scenarios are not equivalent in terms of distribution (wires).
1. Grab an Android phone 2. Open Google translate 3. Tap "Offline translation", pick a language to download 4. Put the phone into airplane mode 5. Tap and talk
We should not be okay with this. Reduced choices leads to increased cost. Fewer companies means less competition
You're assuming that the market can support 4 major carriers. Sprint has been operating at negative net income for years now. That's why Softbank is interested in the merger, because it's unlikely that Sprint will be able to scale to be profitable.
Yup; the iPhone 8 is the new "low end", like the iPhone 5c was. But instead of Apple releasing a budget phone, they're instead releasing a new top-end (the X).
Economics defines things in two time frames: short-term and long-term. Over the long-term, labor markets will reach equilibrium. In the short-term, there can certainly be labor shortages, such as when the number of jobs exceeds the working-age population.
In the short term, if an employer is unwilling to pay what the market demands, then it's not really a job opening in any realistic sense. If their marginal cost (paying the new worker) exceeds their marginal benefit (output of the new worker), then the job listing will be deleted. If not, the wage needs to increase.
Slashdot Mirror
And Tesla makes batteries cheaper than anyone else (I think about 25% cheaper) that gives Tesla the edge and competitiveness.
Any source on the 25% cheaper battery cost? A recent guess deduces that Nissan manages lower-cost batteries.
Maybe once Gigafactory finishes ramping up, they will be the cost leader.
How is the government intervening here? The two competitors are lobbying the government to ban the other, and the government is refusing to intervene.
Basically so long as you're making more stuff with less or even the same people you can raise wages without price inflation, because that's real wage growth. e.g. there's more stuff for everybody. Well, not since 2008 though. Since 2008 the more stuff part of the equation has gone to the top 1%....
The "more stuff" part maybe hasn't gone to you, but globally, the gains aren't restricted to the top 1%. Billions of people have entered the middle class (and millions have joined the 1%).
Meanwhile we've got a small minority of voters who have a disproportionate amount of power (a Montana voter has 46 times more power than a California one) that are forcing their will on the rest of us.
It's not a small minority: residents of 29 states (+ DC) have more voting power than the other states.
And the 46x power is theoretical; based on actual ballots cast, it's much less
Since you're assigning responsibility for updating outdated content, why isn't it the responsibility of the cited website's author to update their page, rather than taking it down?
In my experience with Wikipedia dead links, it's almost always a case of a server no longer existing or a site changing their CMS without setting up redirects.
The same way we got good 3G service and good 4G service. Customers will flock to a carrier with good coverage.
I think with most people carrying around a portable network-enabled microphone all the time (their smartphone), having stationary network-enabled microphones around the home does not worsen their privacy.
They're just using what was already there (and paid for by my tax dollars, yet again).
Bezos' Blue Origin has only taken small amounts (in government terms) of tax payer funding. They're basically self-funded by Bezos himself.
And SpaceX is saving the government a lot of money. NASA estimated that SpaceX development of the Falcon 9 at a cost of $390M would have cost $3-4B by traditional means (source). All of the launch providers (ULA, Arianespace, the Russians) are scrambling to get their costs down, lest they lose their place in the market.
> The Google Campus is intended to be a magnet for annoying young entrepreneurs whose IT-sweatshops... ... and all other local pests from the
> We call on all rebellious tenants, subversive and precarious cultural workers, work-shy benefit scroungers,
> neighborhood (and beyond) to join us in the occupation
I wonder if annoying young SF techies are included in the "local pests from beyond the neighborhood" that are welcome to join in the occupation....
Survivorship bias. The Macbooks may have dented edges, but the plastic laptops have cracked and have been taken out of circulation. You see the dented MBPs because they survived being dropped on the concrete floor by clumsy TSA agents ( /me examines dent on current MBP...).
I know dozens of people stuck at dead end jobs because they can't go 90-180 days w/o health care.
There are other alternatives besides just waiting for the whole system to change:
1. Save up cash and pay for health care services as-needed until the new insurance kicks in
2. Decline the employer health insurance plan and get added to a spouse's plan
3. Decline the employer health insurance plan and buy independent health insurance
Even the BLS refers to it as the "quit rate". In the economic sphere, it's not a derogatory term.
Why has no state, under either party, ever passed a law saying cops must respect our rights by ... (not doing mass surveillance or whatever)?
Utah: https://www.aclu.org/blog/national-security/utah-enacts-significant-location-and-communications-privacy-bill
Say you tax vehicles to cover road maintenance and pollution costs. All you have done is price some percentage of people off the road.
Income tax is the only fair, progressive tax.
I think pay-for-use is quite fair. Taxing vehicles to fix roads isn't pay-for-use; gas and diesel tax is. Diesel is taxed higher than gasoline (where I live), since diesel vehicles are primarily trucks, which do more road damage due to their weight. The users of the service pay for usage. Heavy users pay more. And gas tax is unlikely to have driven people off the road; it does reduce the number of trips people make on the road, or has forced them to other means of transport (bike, bus).
They have screwed up the traffic for the entire area and haven't put anything toward helping it.
Not every tech company has a CEO willing to build tunnels under their city to relieve traffic congestion....
Seriously there must be better uses for such a precious commodity
It's not precious: wood literally grows on trees. At least in the developed world, most wood is harvested from managed forests, which are basically tree farms. Cut 'em down and replant. The timber company is incentivized to replant and practice good silviculture techniques because timber is their product.
From an environmental perspective, wood is a carbon sink. Trees absorb carbon, and timber stores it.
In most of the US there are no paid sick days for restaurant workers.
I think you mean no federal government mandated requirement for paid sick days. That doesn't mean restaurants are full of sick workers.
1. Some restaurants do provide paid sick days as a benefit (TGI Friday, Five Guys, In-N-Out).
2. Workers covering much of the US population are required to have sick time by state and local regulations: CA, CT, MA, OR, VT, AZ, WA, RI, MD, DC, NYC.
3. No paid time off != working while sick. When I was an hourly worker, I didn't have any PTO. But I did have lots of scheduling flexibility, since there were always coworkers looking to pickup extra hours. In fact, management -- not wanting a contagious worker around healthy workers -- would assist in schedule swapping. Sick person stays home, fewer germs in the office, all the work still gets done.
HPE is not basically EDS; DXC is basically EDS.
...don't forget about the money MS makes from Android
The wires between houses need to be constructed in either scenario.
One of the benefits of on-prem solar is that the generation is distributed. So no, the two scenarios are not equivalent in terms of distribution (wires).
1. Grab an Android phone
2. Open Google translate
3. Tap "Offline translation", pick a language to download
4. Put the phone into airplane mode
5. Tap and talk
Surprise, it works.
Allowing companies to gain such huge market share is definitely anti-competitive and hurts consumers.
Sprint's share + TMUS's share is still less than the market share of either VZ or ATT.
We should not be okay with this. Reduced choices leads to increased cost. Fewer companies means less competition
You're assuming that the market can support 4 major carriers. Sprint has been operating at negative net income for years now. That's why Softbank is interested in the merger, because it's unlikely that Sprint will be able to scale to be profitable.
Yup; the iPhone 8 is the new "low end", like the iPhone 5c was. But instead of Apple releasing a budget phone, they're instead releasing a new top-end (the X).
Economics defines things in two time frames: short-term and long-term. Over the long-term, labor markets will reach equilibrium. In the short-term, there can certainly be labor shortages, such as when the number of jobs exceeds the working-age population.
In the short term, if an employer is unwilling to pay what the market demands, then it's not really a job opening in any realistic sense. If their marginal cost (paying the new worker) exceeds their marginal benefit (output of the new worker), then the job listing will be deleted. If not, the wage needs to increase.