There was something in the news a few years ago that should have taught us all that being docile in the face of a criminal act isn't a winning strategy anymore.
I'd vocally refuse and protest and try to leave, but otherwise do nothing to physically prevent her from taking them.
I'd walk away with the notes still in my possession. If she made any attempt to take them from me, I'd file charges. If she tried to snatch my bag, I would make a citizen's arrest and call for the police.
Nope. Roosevelt cut off several incipient recoveries at the knees by increasing government interference in the economy. He imposed wage and price controls, and did everything he could to keep prices high, including imprisoning people who dared to sell their labor for less than the NRA demanded. We could have recovered in the early 1930s, but FDR just didn't know when to quit and let people make their own economic decisions.
Morgenthau knew that the new deal was a disaster. He said "I say after eight years of this Administration we have just as much unemployment as when we started.... And an enormous debt to boot!" Unemployment was higher in 1939 than it was when FDR took office.
I thought it was the unregulated American financial sector that caused this world-scale shitstorm
More like, it was the collusion of the heavily-regulated American financial industry with the Federal Reserve and the US government to inflate the dollar and build vastly leveraged towers of debt on inflated real estate valuations that caused this shitstorm.
This is a failure of central planning by the Fed, which turns out to be no better at picking the right interest rates than the Soviets were at setting consumer prices and industrial production quotas.
Apple had a big round of layoffs shortly after they went public. That event was known as "black wednesday". These days, Apple does hiring freezes when they need to, and people are let go from time to time when a reorganization leaves them without a spot to fill.
it took our ideological opponents of Government (the Texas Republican Mafia); to drown an American city, New Orleans
Oh, get serious. The New Orleans levee system was a time-bomb that had been neglected for as long as the city has been there. Bush didn't get it fixed, and neither did any of the administrations before him, republican or democrat.
The position of a lot of modern Keynesians (including Krugman, who's looking more and more right over a lot of stuff he took crap for 5-10 years ago) is more or less that the spending did indeed help.
The position of any Keynesian is completely discredited by the historical record, first of the great depression, and more recently by the stagflation of the Nixon, Ford, and Carter administrations. Krugman's position that FDR didn't go far enough is absolutely asinine.
But anyone calling his actions a failure is ignoring real facts.
The fact that staring you in the face, that you're doing your best to ignore, is that the depression persisted throughout his time in office. You can try to spin it like he did, but that fact doesn't change.
I see how dispassionate, profit-maximizing capitalists reframed "people" to "overhead", removing loyalty on one side of the relationship.
Some did, some didn't. Those organizations that treated their employees badly would have found their productivity reduced, which would have placed them at a competitive disadvantage compared to other companies that treated people better. The example of Detroit vs. Japanese auto makers springs to mind.
Personally I will never hire an ex-Microsoftie; they don't have morals or ethics that are worth a damn, or they wouldn't have worked there in the first place.
I'm not willing to categorically eliminate tens of thousands of people like that. I've worked in enough organizations to realize that no matter how fucked up a company may be, any individual working there can still be competent.
Government DID stimulate the economy out of the Depression,
Wishing doesn't make it so. If all of FDR's spending, regulating, and taxing brought us out of the depression, then why did it last so much longer than any previous depression, when the government didn't have the power for that kind of intervention?
It took WWII and pretty much unrestrained government spending to get us fully back on track.
Nope. It took the removal of economic controls in 1946 to return us to prosperity. War production isn't wealth.
Hoover screwed up, but Roosevelt continued and compounded Hoover's mistakes. It's quite interesting to dig up Roosevelt's speeches from the campaign against Hoover, where he correctly lambasted Hoover for all the things that he later referred to as the "new deal" and promoted.
I will concur that our tax system is severely broken. American workers are the most productive in the world, and if we had a rational tax system (like, corporate tax rates at least as low as Europe), that would remove most of the incentive for offshore production.
65,000 H1-Bs for IT workers means 65,000 domestic IT workers without a job
It's not that simple. A lot of those visas do in fact go to workers for jobs that an employer can't fill locally. It's like claiming that if we forced all the Mexicans to go home, that Americans would take the fruit-picking jobs.
Mostly in the 1930s, when FDR decided that the government should promote adversarial relations between labor and management through the unconstitutional "National Industrial Recovery Act". As is often the case with laws, this one was misnamed. It was in fact an act to prevent recovery, by preventing repricing of gods and services to cope with deflation.
First of all, the bulk of the freshly-inflated money that those geniuses on capitol hill are giving away is going towards keeping unprofitable ventures in business, not towards building roads. Secondly, every dollar that the government taxes, borrows or inflates is a dollar that's taken from private parties and spent on things that those people have not chosen to spend it on. Government can not "stimulate" an economy by increasing government spending, as Hoover and Roosevelt thoroughly proved during the first great depression.
Slashdot Mirror
No, call the cops. Theft is not a matter of university policy, it's a matter of law.
-jcr
There was something in the news a few years ago that should have taught us all that being docile in the face of a criminal act isn't a winning strategy anymore.
-jcr
I concur. If she opened your bag and took something without your permission, that's petty theft. File the charges.
-jcr
I'd vocally refuse and protest and try to leave, but otherwise do nothing to physically prevent her from taking them.
I'd walk away with the notes still in my possession. If she made any attempt to take them from me, I'd file charges. If she tried to snatch my bag, I would make a citizen's arrest and call for the police.
-jcr
Tell her to get bent. If she presses the issue, sue.
-jcr
I'd rather see some citations
See Murray Rothbard, America's Great Depression.
-jcr
Nope. Roosevelt cut off several incipient recoveries at the knees by increasing government interference in the economy. He imposed wage and price controls, and did everything he could to keep prices high, including imprisoning people who dared to sell their labor for less than the NRA demanded. We could have recovered in the early 1930s, but FDR just didn't know when to quit and let people make their own economic decisions.
Morgenthau knew that the new deal was a disaster. He said "I say after eight years of this Administration we have just as much unemployment as when we started. ... And an enormous debt to boot!" Unemployment was higher in 1939 than it was when FDR took office.
-jcr
I thought it was the unregulated American financial sector that caused this world-scale shitstorm
More like, it was the collusion of the heavily-regulated American financial industry with the Federal Reserve and the US government to inflate the dollar and build vastly leveraged towers of debt on inflated real estate valuations that caused this shitstorm.
This is a failure of central planning by the Fed, which turns out to be no better at picking the right interest rates than the Soviets were at setting consumer prices and industrial production quotas.
-jcr
Apple had a big round of layoffs shortly after they went public. That event was known as "black wednesday". These days, Apple does hiring freezes when they need to, and people are let go from time to time when a reorganization leaves them without a spot to fill.
-jcr
it took our ideological opponents of Government (the Texas Republican Mafia); to drown an American city, New Orleans
Oh, get serious. The New Orleans levee system was a time-bomb that had been neglected for as long as the city has been there. Bush didn't get it fixed, and neither did any of the administrations before him, republican or democrat.
-jcr
The position of a lot of modern Keynesians (including Krugman, who's looking more and more right over a lot of stuff he took crap for 5-10 years ago) is more or less that the spending did indeed help.
The position of any Keynesian is completely discredited by the historical record, first of the great depression, and more recently by the stagflation of the Nixon, Ford, and Carter administrations. Krugman's position that FDR didn't go far enough is absolutely asinine.
-jcr
But anyone calling his actions a failure is ignoring real facts.
The fact that staring you in the face, that you're doing your best to ignore, is that the depression persisted throughout his time in office. You can try to spin it like he did, but that fact doesn't change.
-jcr
How did Roosevelt prove that government spending can't stimulate the economy?
By his manifest failures throughout the 1930s.
-jcr
I see how dispassionate, profit-maximizing capitalists reframed "people" to "overhead", removing loyalty on one side of the relationship.
Some did, some didn't. Those organizations that treated their employees badly would have found their productivity reduced, which would have placed them at a competitive disadvantage compared to other companies that treated people better. The example of Detroit vs. Japanese auto makers springs to mind.
-jcr
And it only took slightly over 50 years to have that effect.
No, it was immediate. Go look up Garet Garett's articles about the CIO at Kohler, for example.
-jcr
Personally I will never hire an ex-Microsoftie; they don't have morals or ethics that are worth a damn, or they wouldn't have worked there in the first place.
I'm not willing to categorically eliminate tens of thousands of people like that. I've worked in enough organizations to realize that no matter how fucked up a company may be, any individual working there can still be competent.
-jcr
Government DID stimulate the economy out of the Depression,
Wishing doesn't make it so. If all of FDR's spending, regulating, and taxing brought us out of the depression, then why did it last so much longer than any previous depression, when the government didn't have the power for that kind of intervention?
It took WWII and pretty much unrestrained government spending to get us fully back on track.
Nope. It took the removal of economic controls in 1946 to return us to prosperity. War production isn't wealth.
-jcr
To be fair, it was Hoover's fault.
Hoover screwed up, but Roosevelt continued and compounded Hoover's mistakes. It's quite interesting to dig up Roosevelt's speeches from the campaign against Hoover, where he correctly lambasted Hoover for all the things that he later referred to as the "new deal" and promoted.
-jcr
I will concur that our tax system is severely broken. American workers are the most productive in the world, and if we had a rational tax system (like, corporate tax rates at least as low as Europe), that would remove most of the incentive for offshore production.
65,000 H1-Bs for IT workers means 65,000 domestic IT workers without a job
It's not that simple. A lot of those visas do in fact go to workers for jobs that an employer can't fill locally. It's like claiming that if we forced all the Mexicans to go home, that Americans would take the fruit-picking jobs.
-jcr
When did all this change? Why did this change?
Mostly in the 1930s, when FDR decided that the government should promote adversarial relations between labor and management through the unconstitutional "National Industrial Recovery Act". As is often the case with laws, this one was misnamed. It was in fact an act to prevent recovery, by preventing repricing of gods and services to cope with deflation.
-jcr
Oh, for crying out loud.
First of all, the bulk of the freshly-inflated money that those geniuses on capitol hill are giving away is going towards keeping unprofitable ventures in business, not towards building roads. Secondly, every dollar that the government taxes, borrows or inflates is a dollar that's taken from private parties and spent on things that those people have not chosen to spend it on. Government can not "stimulate" an economy by increasing government spending, as Hoover and Roosevelt thoroughly proved during the first great depression.
-jcr
Do the words "Smoot-Hawley" mean anything to you?
International trade is good for overall productivity, whether we're talking about commodities or services.
-jcr
FDR blamed Hoover for about a decade.
-jcr
if the tumor was growing at the same (or lower) rate as the body
It's not even close. Maybe you heard about the Iraq war and the bailouts, not to mention the entitlements time bomb? They made all the papers.
-jcr
why he'd even create the office in the first place if he had no intention of eventually reducing the deficit.
It's called "propaganda". Every president comes into office promising to cut government spending.
-jcr