Anecdotal comparisons against internet bubble wages are not applicable to the general population. You complain about cherry picked stats and then go on to do the same.
Your car example misses the fact that given the quality improvements, new cars are being kept for several years longer, and thus have much more value. https://www.economy.com/dismal...
I could easily do the same with your rent example. I paid $500/mo back in '82 for a 2 bedroom apt. That very same apartment complex has them for $1500-2700 now, a 3-500% increase, compared to my 700% increase in wages over the same period. Anecdotal, and cherry picked.
"As far as minimum wage laws go, there shouldn't be one at a Federal, and most likely even at State levels."
Agreed. I don't think it's fair to suggest that the minimum wage should be the same in any rural areas as they are in high cost of living cities. For example, in my home state of VA, the counties just outside of DC have some of the highest costs of living and wages in the nation. And yet, you can go in just about any direction 50-100 miles away, and live quite nicely at a fraction of the cost.
I don't have an answer to the problem (maybe your county example is feasible) , but clearly one size doesn't fit all.
Clearly automation is taking over some fields. And yet, with all of what we've seen since the industrial revolution, we (in the U.S.) have the lowest unemployment rates we've seen. Is it going to be different next time? I'll start to seriously worry when it takes me more than five minutes to find work that I could easily apply for.
Why would economists, who've never had to actually produce anything of importance, be worried?!? Their predictions have historically been as accurate as a 1970s weatherman. And yet, some people still pay attention to them.
How much is considered "overindulgence"? I'm just asking because of my 40+ year addiction to Mt. Dew. I could easily have been a lab rat for their product testing. I've made it to nearly 60 w/o anything more than a couple nasty headaches when I went off cold turkey.
We just watched a show on AI that claimed Israeli Defense Forces and Homeland Security were using a product that predicts the likelihood of someone being suspicious. This isn't really face recognition, from say a database, but more of a recognition of how people appear when they're likely to be up to something. Think of it as, um, profiling.
They also mentioned a study that could predict if someone was gay with ~80% reliability for males, and ~75% for females, saying that the AI learned from using photos on gay dating sites.
Quite possibly. For government compliance reasons, my company requires us to interview several applicants for every opening, even if we already have the "perfect" person identified.
From the first article: "more people moved out of California to other states than moved in from other states"
And yes, it's only a fraction of the population, but that population growth isn't coming from other states. It's immigrants, and new children. The size of your economy should be helping you with all of those folks living on your streets, but apparently that's not working out so well.
Has there been a single case of that occurring? Or just reports of pilots seeing drones? Drones don't typically fly high enough to interfere with aircraft, though low flying firefighting equipment is probably an exception. Damage from birds is orders of magnitude more likely than from a drone, and occurs on a regular basis...over 70,000 incidents between 2010 and 2016 according to FAA reports. Do they stop flying in the area when they see birds? No, and they shouldn't. This is a simple overreaction to something that's a non-issue, and they have much more important things to legislate.
False equivalence. GP spoke specifically about Seattle. Yet the study points to other areas of this country (and yes, they have building and fire codes) that don't have such exorbitant costs. The skyrocketing costs in Seattle didn't come about by the addition of building and fire codes.
"Economist Theo Eicher of the University of Washington has published research indicating that regulation has added $200,000 to house prices in Seattle between 1989 and 2006. "
Slashdot Mirror
OMG, a lesson in supply and demand pricing. Thanks /.
Anecdotal comparisons against internet bubble wages are not applicable to the general population. You complain about cherry picked stats and then go on to do the same.
Your car example misses the fact that given the quality improvements, new cars are being kept for several years longer, and thus have much more value.
https://www.economy.com/dismal...
I could easily do the same with your rent example. I paid $500/mo back in '82 for a 2 bedroom apt. That very same apartment complex has them for $1500-2700 now, a 3-500% increase, compared to my 700% increase in wages over the same period. Anecdotal, and cherry picked.
Disclaimer: I am a vegetarian, so I don't really care what Big Macs cost.
Order two, I'll eat the beef, and you can have all the veggies. See, we can compromise.
"As far as minimum wage laws go, there shouldn't be one at a Federal, and most likely even at State levels."
Agreed. I don't think it's fair to suggest that the minimum wage should be the same in any rural areas as they are in high cost of living cities. For example, in my home state of VA, the counties just outside of DC have some of the highest costs of living and wages in the nation. And yet, you can go in just about any direction 50-100 miles away, and live quite nicely at a fraction of the cost.
I don't have an answer to the problem (maybe your county example is feasible) , but clearly one size doesn't fit all.
I hadn't heard the 10B estimate previously, so looking on wikipedia, I came across
https://en.wikipedia.org/wiki/...
Some people clearly need to stop fucking.
Clearly automation is taking over some fields. And yet, with all of what we've seen since the industrial revolution, we (in the U.S.) have the lowest unemployment rates we've seen. Is it going to be different next time? I'll start to seriously worry when it takes me more than five minutes to find work that I could easily apply for.
Why would economists, who've never had to actually produce anything of importance, be worried?!? Their predictions have historically been as accurate as a 1970s weatherman. And yet, some people still pay attention to them.
Considering Samsung's ongoing anti-Apple marketing campaign, this just made me laugh.
And others, like myself, have no trouble drinking 6-10 Mt. Dews a day for 40+ years w/o any sideEFfecTs.
How much is considered "overindulgence"? I'm just asking because of my 40+ year addiction to Mt. Dew. I could easily have been a lab rat for their product testing. I've made it to nearly 60 w/o anything more than a couple nasty headaches when I went off cold turkey.
Highly doubtful that 5% of the folks are being detained.
We just watched a show on AI that claimed Israeli Defense Forces and Homeland Security were using a product that predicts the likelihood of someone being suspicious. This isn't really face recognition, from say a database, but more of a recognition of how people appear when they're likely to be up to something. Think of it as, um, profiling.
They also mentioned a study that could predict if someone was gay with ~80% reliability for males, and ~75% for females, saying that the AI learned from using photos on gay dating sites.
Minority Report can't be that far away.
You can't get high availability with any single vendor. Including yourself.
Define "high availability", and then I'll tell you why you're still wrong.
Any company dumb enough not to have one deserves to go poof.
"...took them at their word..."
Seriously, if you did that, your business deserves to fail.
Quite possibly. For government compliance reasons, my company requires us to interview several applicants for every opening, even if we already have the "perfect" person identified.
From the first article: "more people moved out of California to other states than moved in from other states"
And yes, it's only a fraction of the population, but that population growth isn't coming from other states. It's immigrants, and new children. The size of your economy should be helping you with all of those folks living on your streets, but apparently that's not working out so well.
https://www.cnbc.com/2018/05/1...
But don't worry, it's only about 134,000 people as of 2017 (up 13.7% from the year before)
I think the census info in the articles I provided is likely more accurate than your random site.
Drones are "birds" too!
"soft gooey" has dropped quite a few planes, There's actual evidence of it. Come back when you have some for your case.
"small birds" have caused over 70,000 bird strikes to be noticed by the FAA between 2010-2016. How many drone strikes have there been?
Has there been a single case of that occurring? Or just reports of pilots seeing drones? Drones don't typically fly high enough to interfere with aircraft, though low flying firefighting equipment is probably an exception. Damage from birds is orders of magnitude more likely than from a drone, and occurs on a regular basis...over 70,000 incidents between 2010 and 2016 according to FAA reports. Do they stop flying in the area when they see birds? No, and they shouldn't. This is a simple overreaction to something that's a non-issue, and they have much more important things to legislate.
Because anything longer than 140 chars is a dissertation!?!
VW diesels all pass the tailpipe test but they are a lot dirtier in every other condition.
Only because their parents taught them how to cheat on the test.
False equivalence. GP spoke specifically about Seattle. Yet the study points to other areas of this country (and yes, they have building and fire codes) that don't have such exorbitant costs. The skyrocketing costs in Seattle didn't come about by the addition of building and fire codes.
"Economist Theo Eicher of the University of Washington has published research indicating that regulation has added $200,000 to house prices in Seattle between 1989 and 2006. "