tag:blogger.com,1999:blog-8193628934721963907.post2138359860342014982..comments2024-03-28T02:32:09.047-05:00Comments on Give2Attain: Where Did the Money Go?Johnhttp://www.blogger.com/profile/14991027705809503541noreply@blogger.comBlogger28125tag:blogger.com,1999:blog-8193628934721963907.post-55432318994850187872018-07-23T09:38:02.477-05:002018-07-23T09:38:02.477-05:00"That should certainly part of the calculatio..."That should certainly part of the calculation..."<br /><br />No, it shouldn't. That's not what it is trying to measure.Seannoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-90677182243340559532018-07-23T09:34:16.670-05:002018-07-23T09:34:16.670-05:00Sean,
If Liberals insist on tax / spend wealth tra...Sean,<br />If Liberals insist on tax / spend wealth transfer... That should certainly part of the calculation...<br /><br />Or do you plan to reduce the tax / spend in the future?Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-50856429775882868882018-07-23T09:25:46.816-05:002018-07-23T09:25:46.816-05:00"Does the medicaid expansion and ACA subsidie..."Does the medicaid expansion and ACA subsidies show up as additional worker money?"<br /><br />The purpose of the calculation is to compare labor's share of income -- that is, income and benefits related to employment.Seannoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-79452999327359501302018-07-20T20:59:10.033-05:002018-07-20T20:59:10.033-05:00People dying in the streets certainly solves the p...People dying in the streets certainly solves the problem of people without health care, doesn't it? Of course we could require them all to have health INSURANCE, but that doesn't do diddly towards getting them health CARE. They still die in the streets but it costs more.jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-53545925891964094092018-07-20T17:17:55.093-05:002018-07-20T17:17:55.093-05:00I am not interested in going into the healthcare d...I am not interested in going into the healthcare debate, however I do wonder where that cost is accounted for in this comment.<br /><br />"As economist Jared Bernstein points out, at the last time we were at a similar place in the business cycle and unemployment rate (1999), labor's share of national income was 3.1% higher than it is today. If labor's share of income was where it was back then, the average worker would have $3,400 more income. Where did that money go? Corporate profits -- which have increased their share by 3.5% over that time."<br /><br />How do they account for all of the additional government benefits that people are given?<br /><br />Does the medicaid expansion and ACA subsidies show up as additional worker money?<br /><br />Or does the author ignore all social program changes in his math?Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-209229555369819132018-07-20T16:50:53.100-05:002018-07-20T16:50:53.100-05:00"And since Obamacare REQUIRES it, aren't ..."And since Obamacare REQUIRES it, aren't you the one supporting fewer choices?"<br /><br />I support the ACA because it's (was) better than what we had.<br />I support single-payer above all.<br /><br />Your libertarian views would leave people dying in the streets.<br /><br />MooseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-3715937661111573852018-07-20T15:37:20.815-05:002018-07-20T15:37:20.815-05:00Moose, employer-paid health care is a result of go...Moose, employer-paid health care is a result of government intervention in the marketplace. And since Obamacare REQUIRES it, aren't you the one supporting fewer choices? jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-88440485503859015332018-07-20T15:35:42.188-05:002018-07-20T15:35:42.188-05:00How do I get along with the other half? They leav... How do I get along with the other half? They leave me be. Hasn't that always been the American ideal? jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-57437530704914297852018-07-20T09:13:30.761-05:002018-07-20T09:13:30.761-05:00"Give them the freedom to make those choices...."Give them the freedom to make those choices..."<br /><br />Is a person more free or less free or have more or fewer choices when their health care/insurance is tied to their employer?<br /><br />MooseAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-556148405962020312018-07-20T08:01:03.527-05:002018-07-20T08:01:03.527-05:00Actually, unions screwed themselves, and I have no...Actually, unions screwed themselves, and I have no pity for them. Back when they endured terrible conditions as well as low pay, and they got together to right those wrongs, they were good and even necessary. But when they started paying the union leader to lead the union, they went astray and the union actually became poisonous to the business/industry on which it was dependent. I've seen it dozens of times, where the union eventually sees all of its members earning zero rather than 5 cents/hour more. jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-47074140880001818742018-07-20T07:57:39.586-05:002018-07-20T07:57:39.586-05:00Jerry,
Yes I understand the Conservative view. No...Jerry,<br />Yes I understand the Conservative view. Now how do you want to get along with the other half of the citizens in this country?Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-6076624364302334362018-07-20T07:55:22.059-05:002018-07-20T07:55:22.059-05:00Hiram,
It was the American consumer who weakened t...Hiram,<br />It was the <a href="https://www.thoughtco.com/history-of-the-us-balance-of-trade-1147456" rel="nofollow">American consumer who weakened the private unions</a>.<br /><br />Or do you think some government policy was forcing American consumers to buy foreign???<br /><br /><br />That is why the private unions suffered, where as the public unions grew. And now the tax payers are getting tired of public union excess and starting to change the deal again through our votes.Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-9516583485663652902018-07-20T07:38:54.761-05:002018-07-20T07:38:54.761-05:00"How to encourage all citizens to make choice..."How to encourage all citizens to make choices that are good for them and our society?"<br /><br />Very simple: Give them the freedom to make those choices, free access to those choices, and the responsibility for the choices they make. Those hampered by things outside their control can be helped by, and deserve, private charity. Those hampered by wrong choices on their part will need to be encouraged to correct those mistakes, through the natural consequences of those mistakes. <br /><br />"I do agree that the successful should pay higher rates than the unsuccessful for the good of our society and because they benefit the most from our peaceful productive society." So, "you didn't build that"? How is it "good for our society" if success is punished and indolence rewarded? <br /><br />The ONLY reason for taxes is to gather, as fairly as possible, the funds required for the necessary functions of government. jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-26545220464795122802018-07-20T05:55:36.802-05:002018-07-20T05:55:36.802-05:00t always amazes me when people talk about wage sta...t always amazes me when people talk about wage stagnation or income inequality or somesuch as if those things could be changed, perhaps by government fiat, without changing anything else in the econo<br /><br />It took changes for those things to happen. Among other things it was there result of a concerted campaign by business to manipulate the labor market. We know how to do it, because we watched it being done. <br /><br />--HiramAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-1377960191569211882018-07-20T05:53:47.862-05:002018-07-20T05:53:47.862-05:00I would prefer that anti labor judges not be put o...I would prefer that anti labor judges not be put on the court to hurt working people.<br /><br />--HiramAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-58373616503014117612018-07-19T21:15:01.439-05:002018-07-19T21:15:01.439-05:00By the way, your $15/hr vs $100,000/hr is a silly ...By the way, your $15/hr vs $100,000/hr is a silly question...<br /><br />I would prefer to drive wages up by:<br />- training and motivating citizens<br />- deporting illegal worker competition<br />- reduce number of low knowledge low skill immigrant workers<br />- or even promoting USA jobs, tax credits, tax cuts, etc (ie tariffs)<br /><br />Over mandatory minimum wages... And yet the reality is that a $15 minimum wage would not hurt most employers because:<br />- most employers / competitors would have to pay it...<br />- many are already paying it.<br /><br />The biggest problem is it would increase the cost of many things that poor people need... And it would make American products and services less competitive... Meaning US Consumers would buy more from over seas.Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-56341217484046125222018-07-19T21:06:33.116-05:002018-07-19T21:06:33.116-05:00Jerry,
I do not know what is a fair taxation syste...Jerry,<br />I do not know what is a <a href="https://give2attain.blogspot.com/search?q=tax+fair" rel="nofollow">fair taxation system</a>.<br /><br />I do agree that the successful should pay higher rates than the unsuccessful for the good of our society and because they benefit the most from our peaceful productive society.<br /><br />However I certainly do not believe that money should be spent to enable unsuccessful people to stay unsuccessful, dependent and hopeless.<br /><br />It is an interesting puzzle... <br /><br />How to encourage all citizens to make choices that are good for them and our society?<br /><br />We are all in the same boat, we need everyone pulling at the oars instead of dragging their feet in the water. Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-49580649734981389142018-07-19T20:16:03.579-05:002018-07-19T20:16:03.579-05:00It always amazes me when people talk about wage st...It always amazes me when people talk about wage stagnation or income inequality or somesuch as if those things could be changed, perhaps by government fiat, without changing anything else in the economy. The fact is these things are all the result of a very complicated and interrelated set of economic choices. Some of those are made freely and some of them are mandated by government, but the one thing you can count on with government intervention is the law of unintended consequences. For example, the push for $15/hour. Never answered is "why not $100,000/hour?"jerrye92002https://www.blogger.com/profile/01858692298982859775noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-55972145995728995532018-07-19T18:53:59.393-05:002018-07-19T18:53:59.393-05:00Especially that Apple was number 1 after sending s...Especially that Apple was number 1 after sending so many jobs over seas...Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-23895124117975403092018-07-19T18:53:04.596-05:002018-07-19T18:53:04.596-05:00Or are you willing to invest your 401K into compan...Or are you willing to invest your 401K into companies that earn you a lower rate of return?<br /><br />Here is a list of <a href="https://investorplace.com/2018/03/9-stocks-great-pay-and-benefits/" rel="nofollow">stocks you may want to buy if you want to support the good treatment of employees</a>.<br /><br />Were you surprised by the names?Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-91699397141607906572018-07-19T18:49:46.311-05:002018-07-19T18:49:46.311-05:00Okay I skimmed both of them.
As for the first, I ...Okay I skimmed both of them.<br /><br />As for the first, I thought you had posted another correlation vs causation comic... I think the Southerners voting more Conservatively likely has more to do with religious values than race benefits. In 2000 LGBT rights was a non-issue in Kentucky whereas after the SCOTUS ruling the issue was thrown in their face. And folks are wondering why they voted more Conservatively? No duh...<br /><br />As for the second, how much gain should US workers see in their paychecks because the corporation is making more money on over seas activities? Please remember that a lot of the stock buy backs are being made with dollars that have been brought back from over seas.<br /><br />I agree that upper managers are often greedy, self serving and annoying, however all of us investors, pension funds, etc insist that they increase profits.<br /><br />Are you willing to reducae your pension balance to pay employees more than is needed to keep them working?Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-83600891896392712352018-07-19T16:07:19.119-05:002018-07-19T16:07:19.119-05:00Paychecks Lag as Profits Soar, and Prices Erode Wa...<a href="https://www.nytimes.com/2018/07/13/business/economy/wages-workers-profits.html" rel="nofollow">Paychecks Lag as Profits Soar, and Prices Erode Wage Gains</a>Laurienoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-35175900096378935682018-07-19T15:56:01.072-05:002018-07-19T15:56:01.072-05:00Why Don’t We Always Vote in Our Own Self-Interest?...<a href="https://www.nytimes.com/2018/07/19/opinion/voting-welfare-racism-republicans.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-right-region&region=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region" rel="nofollow">Why Don’t We Always Vote in Our Own Self-Interest?</a>Laurienoreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-32785139563854992692018-07-19T13:38:19.394-05:002018-07-19T13:38:19.394-05:00CC Comic 1
CC Comic 2
CC Comic 3<a href="http://www.asandiford.com/comic/correlation-causation/" rel="nofollow">CC Comic 1</a><br /><br /><a href="https://marketoonist.com/2014/04/big-data-analytics.html" rel="nofollow">CC Comic 2</a><br /><br /><a href="https://xkcd.com/925/" rel="nofollow">CC Comic 3</a>Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.comtag:blogger.com,1999:blog-8193628934721963907.post-82445332076224194082018-07-19T13:24:39.172-05:002018-07-19T13:24:39.172-05:00NPR Why America's Wages are barely Rising<a href="https://www.npr.org/2017/08/03/541220868/why-america-s-wages-are-barely-rising" rel="nofollow">NPR Why America's Wages are barely Rising</a>Johnhttps://www.blogger.com/profile/14991027705809503541noreply@blogger.com