Cramer's Mad Money -10 Reasons the Economy Is Not So Bad (2/6/09) [View article]
It's easy to pluck independent numbers out of the mix and find optimism... but to me it looks like Cramer is desperately grasping for it.
And MMarrkk, you might do well to read up on subjects before spouting off. Atypical (above) is on target. And it's funny that you support a company's "right" to deny healthcare to employees while simultaneously decrying the possibility of the federal government getting into the business. So... what's your solution to healthcare? That should be an entertaining read.
Sorry, paultat, I don't believe minimum wage will be an obstacle. It may be touted as one by opponents, but that's just a red herring. After all, as many often argue, who really pays minimum wage? I fail to see how it hurts anyone seeing as how the real wage bottom tends to be above the established minimum.
paultat, you're missing the point of BS detector. Ok, maybe 1 or two "burger flippers" lost their jobs recently. But the low-end service industry is where I'm seeing the job vacancies. And yes, by and large the people being laid off in droves (ie, tens of thousands at a time) were making much, much more than minimum wage.
Again: the increase in minimum wage had nothing to do with this disaster, and really won't affect it, either.
CLH, raising the minimum wage will have zero effect on the current crisis. But surely you knew that, and just wanted to bag on Democrats (it can be fun after all).
However, I hate to break it to Republicans, but the answer to all of this really is regulation. You call it "accountability" but have this quaint notion that such a system can come about solely by virtue of honor. History tells us this is naive. They do teach history to Keynesians, right?
How regulation became a dirty word I do not know, but if it is an evil it is a necessary one. Regulation, ie ensured accountability, throttles the excesses that cause disruption the system cannot tolerate. Necessary disruptions (such as technological advance) are special causes that must be managed as well, else they destroy the status quo a bit TOO fast.
Anyway, interesting article to be sure!
Disclaimer: I do not belong to any political party mentioned.
It's amazing to me (a longtime process improvement wonk) that it takes a disaster for organizations to research and implement common sense process and structure improvements. But, Necessity is indeed one of the parents of invention (the other being Laziness).
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Cramer's Mad Money -10 Reasons the Economy Is Not So Bad (2/6/09) [View article]
And MMarrkk, you might do well to read up on subjects before spouting off. Atypical (above) is on target. And it's funny that you support a company's "right" to deny healthcare to employees while simultaneously decrying the possibility of the federal government getting into the business. So... what's your solution to healthcare? That should be an entertaining read.
What Can We Learn from the 1930s? [View article]
What Can We Learn from the 1930s? [View article]
Again: the increase in minimum wage had nothing to do with this disaster, and really won't affect it, either.
What Can We Learn from the 1930s? [View article]
However, I hate to break it to Republicans, but the answer to all of this really is regulation. You call it "accountability" but have this quaint notion that such a system can come about solely by virtue of honor. History tells us this is naive. They do teach history to Keynesians, right?
How regulation became a dirty word I do not know, but if it is an evil it is a necessary one. Regulation, ie ensured accountability, throttles the excesses that cause disruption the system cannot tolerate. Necessary disruptions (such as technological advance) are special causes that must be managed as well, else they destroy the status quo a bit TOO fast.
Anyway, interesting article to be sure!
Disclaimer: I do not belong to any political party mentioned.
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On Nov 19 10:23 AM Jon T wrote:
> Dividends Anonymous,
>
> Flash memory is falling like a stone - and
> who in the world is benefiting from that than Apple??
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