And what exactly are those who received the salaries that resulted from those contracts? They aren't "people"? That's like saying a teacher's or trash collector's salary was "parasited" and wasted.
It's true that earning less in your 20's will probably have a lifelong impact on your accumulated wealth. But the article states that their earnings will be less "over the course of their working lives" than the previous generation. Accumulated wealth and lifetime earnings are two different things; the next upturn in the economy can go a long ways toward evening that out.
Based on that, it will take 30-40 years for the investment to pay
Read up on something called time value of money. They are foregoing all the income they could have earned by investing the $32B somewhere else. Based on that, the investment will never pay off unless they can somehow make it a lot more profitable..
The Resolution Foundation found that under-35s earned 8,000 pound ($10,600) less in their twenties than Generation X workers. If wages for millennials follow the same path as Generation X...
It sucks to reach adulthood during a deep recession. Not sure it makes sense to use that as a predictor of the future though.
Hopefully future administrations will realize that an economic boom is always followed by a bust. You aren't helping the country with bubbles like the stock market and housing ones that were set off in the 1990s.
If we want jobless people to live and the economy to keep working, we need to give them money somehow.
Or figure out a way to control population growth. Because you can't continue to "give them money" forever; eventually the well will run dry. Then what?
The reason for the shuttle was to launch, repair, and recover spy satellites. It was also used to launch and repair the Hubble (which is nothing more than a spy satellite looking up instead of down).
What many of those readers won't realise is that publishers are financially incentivised by Amazon
I suppose there might be a few people out there who think Daily Mail, USA Today, the Telegraph, PC World and CNet are something other than shills. Hard to believe though.
There are two sides to every story. Sometimes only one side of the story is told. Sometimes only the facts on one side are checked. Both lead to something less than the truth.
it has become increasingly hard to tell whether a news article you saw on your Facebook is credible or not.
Not hard at all. Every media publisher, editor, reporter, and blogger has an agenda. Read a variety of news sources on both sides of the political spectrum and draw your own conclusions, but don't trust any of it.
Each group will lobby in it's own best interest and there must be some method in place to come to a decision
I'm pretty sure that's the fallacy Tyson was pointing out. There is no good method to come to a decision, eventually it comes down to negotiations and rule of the majority. But when the majority gets greedy the decision won't make sense.
Slashdot Mirror
If you're afraid of heights, don't even think of watching Lloyd's famous clock scene
Though the article acknowledges that this could be the result of some poor-acting, spotty storyline, or bad editing
They acknowledge the fact that the films just aren't very good. But then they go looking for other things to blame the suck on.
And what exactly are those who received the salaries that resulted from those contracts? They aren't "people"? That's like saying a teacher's or trash collector's salary was "parasited" and wasted.
So what you're saying is that Japan's make work programs kept their employment rates up but stagnated the economy - that's a "solution".
Meanwhile, Texas and Kansas let the market play out, which kept their employment rate up but stagnated the economy - that gutted their state.
Something is wrong with your argument.
It's true that earning less in your 20's will probably have a lifelong impact on your accumulated wealth. But the article states that their earnings will be less "over the course of their working lives" than the previous generation. Accumulated wealth and lifetime earnings are two different things; the next upturn in the economy can go a long ways toward evening that out.
Based on that, it will take 30-40 years for the investment to pay
Read up on something called time value of money. They are foregoing all the income they could have earned by investing the $32B somewhere else. Based on that, the investment will never pay off unless they can somehow make it a lot more profitable..
The Resolution Foundation found that under-35s earned 8,000 pound ($10,600) less in their twenties than Generation X workers. If wages for millennials follow the same path as Generation X...
It sucks to reach adulthood during a deep recession. Not sure it makes sense to use that as a predictor of the future though.
Hopefully future administrations will realize that an economic boom is always followed by a bust. You aren't helping the country with bubbles like the stock market and housing ones that were set off in the 1990s.
Democrats have been fighting voter ID forever. Do you have to ask why?
If we want jobless people to live and the economy to keep working, we need to give them money somehow.
Or figure out a way to control population growth. Because you can't continue to "give them money" forever; eventually the well will run dry. Then what?
In fact, Tesla, Apple, Facebook, and Google have all now installed stores where tourists can purchase branded merchandise.
It wouldn't surprise me if they all opened a Kool-aid stands as well.
Pain treatment is a specialty. Was she going to a pain specialist before she visited Emory?
Linked article is from vice.com. You don't think they have an agenda do you?
Do you really think Hillary is at risk of not getting "the black vote"?
The shuttle was never about science.
The reason for the shuttle was to launch, repair, and recover spy satellites. It was also used to launch and repair the Hubble (which is nothing more than a spy satellite looking up instead of down).
So go ahead, let other people elect your representatives. But don't complain about who gets elected.
He should cut his ear off. That'll show Google he's serious.
You'd knowingly support an insane person
You have to vote for one of them, so pick the least insane of the bunch. No way I'd vote for Hillary.
What many of those readers won't realise is that publishers are financially incentivised by Amazon
I suppose there might be a few people out there who think Daily Mail, USA Today, the Telegraph, PC World and CNet are something other than shills. Hard to believe though.
There are two sides to every story. Sometimes only one side of the story is told. Sometimes only the facts on one side are checked. Both lead to something less than the truth.
it has become increasingly hard to tell whether a news article you saw on your Facebook is credible or not.
Not hard at all. Every media publisher, editor, reporter, and blogger has an agenda. Read a variety of news sources on both sides of the political spectrum and draw your own conclusions, but don't trust any of it.
His mom has dainty little fingers, and she's not afraid to use them.
Python can do anything Perl can do. With the added bonus that you can read the code the next day and understand what it's doing.
There's no need for them, all they do is allow tracking. Of course there are other ways to track, but 3rd party cookies are the biggest offender.
Each group will lobby in it's own best interest and there must be some method in place to come to a decision
I'm pretty sure that's the fallacy Tyson was pointing out. There is no good method to come to a decision, eventually it comes down to negotiations and rule of the majority. But when the majority gets greedy the decision won't make sense.
Let's assume they're all at the max. Total salary for that list is $6,351,508.
Now let's assume a "living wage" for factory workers of $35,000. That gives us $6,351,508 / $35,000 = 181 factory jobs.
You can complain about their salary, but where are you going to get the other $300,000,000 that was going to the 8500 workers who were laid off?