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Trump's Big Mistake

Also its not a mistake, this is by design, these corrupt people will reap as much as they can and then bail out with their golden parachutes.

Well, Obama supported the Paulson bailout during the tail end of W's term and Wall Street bonuses were quite phat during his reign and, of course, QE 1, 2 & 3 were fluffy parachutes. At some point the cracks Bush & Obama papered over will show again. We also must thank Clinton for repealing Glass Steagall and Tricky Dick for Nixon Shock.

What I'm saying is there's a A LOT of blame to go around but Trump took a big misstep here. That's my view right now.
 
I'm not asking for democratic redistribution.

I'm asking the employers to start paying their employees a fair share in every industry.

How long do we have to look at record profits before you drones wake up and ask for your share?
which is a call to unionization essentially.

unionization has no leverage in a technological society due to the ability to outsource and or technologically innovate.

walmart workers have ZERO leverage to unionize.

the root problem of human obsolescence still exists.

i think unionization still has its place, if you can bargain you should. but as time goes on you wont be able to.

"Fair share" is a bargaining problem, the root problem isnt bargaining.
 
which is a call to unionization essentially.

unionization has no leverage in a technological society due to the ability to outsource and or technologically innovate.

walmart workers have ZERO leverage to unionize.

the root problem of human obsolescence still exists.

i think unionization still has its place, if you can bargain you should. but as time goes on you wont be able to.

"Fair share" is a bargaining problem, the root problem isnt bargaining.

Yeah...unions tend to work everywhere else but the US.

"Right to work" laws have a good deal to do with that. We've cut the knees out from under unionization and are now blaming it on technology. What a world.
 
Yeah...unions tend to work everywhere else but the US.

"Right to work" laws have a good deal to do with that. We've cut the knees out from under unionization and are now blaming it on technology. What a world.
Where do they work outside of the us? in niche manufacuring im guessing (where outsourcing or automation is cost prohibitive)

How does outlining unionizations inherent problems blame technology?

unionization is bargaining.

to bargain you have to have leverage

leverage is eliminated through outsourcing and technological innovation.

you have to rebuttle how leverage is not eliminated through those means not accuse me of "blaming" things
 
Yeah...unions tend to work everywhere else but the US.

Trump's proposal to start treating manufacturing sectors of the economy as a national interest which can then potentially be unionized or brought under a trades system like Germany has drawn nothing but contempt from the same tedious sorts who think they should get paid more in wages because "It's not fair"

It's truly maddening.
 
TS is a real fucking Nostradamus, posting this AFTER the worst two day point drop in years and years...

So, TS you have two choices:
1) You are an obvious rube who would deflect for Trump no matter what happened.

2) You are, in fact, smarter than your YUGE financial genius business tycoon leader.

Which is it?
 
TS is a real fucking Nostradamus, posting this AFTER the worst two day point drop in years and years...
This thread was created last Tuesday morning you numbskull.
And it was Taleb that's Nostradamus, I'm just smart enough to recognize genius.

You liberals are some jealous fuck boys.
 
the root cause of economic problems isnt cost of living but lack of opportunity brought upon through technological innovation.

the more people are needed the easier it will be for them to live

the less people are needed the more they will pay for rent and food.


if you try to subsidize rent, food cost will increase

if you food stamp rent increases

if you do both debt increases ect.
And we are entering an era when this economic system is going to produce FAR more losers than winners and the disparity between the two will grow. I think this is when we need to start asking some basic questions about the social contract and purpose of the economy.

Just do a thought experiment: if you know that the basic fundamentals of the economy will predict that only about 50% of the population will be "economically useful" in a generation, and you have kids, what do you tell them?

What if that % is 25? What if it is 10%? What if it is 5%?

I think most American's knee-jerk response is, "Better work your ass off and make sure you are in the X%."

But at what point are you selling out your responsibility to your own children by being a willing rube in a system that is, by design, going to produce fewer and fewer "winners" over time?

This thread was created last Tuesday morning you numbskull.
And it was Taleb that's Nostradamus, I'm just smart enough to recognize genius.

You liberals are some jealous fuck boys.

So just to get this straight: you were smart enough to recognize this "genius" but Dear Leader wasn't?

How can this be? Is Trump not quite the "stable genius" he claims to be, or are you just a SUPER stable genius???
 
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So just to get this straight: you were smart enough to recognize this "genius" but Dear Leader wasn't?

How can this be? Is Trump not quite the "stable genius" he claims to be, or are you a SUPER genius???
I'm not a genius, just really fucking smart.

Trump made a mistake & Taleb pointed out.
 
I'm not a genius, just really fucking smart.

Trump made a mistake & Taleb pointed out.
A "mistake" is when you make an error based on fallibility.

Ex. "God, I can't believe I made such a stupid mistake on that math test."

A "mistake" isn't when your entire orientation is completely unaware of something.

Ex. "God, I had no fucking clue how to do that math problem, so I did pretty much the opposite of what I should have done."
 
I'm not asking for democratic redistribution.

I'm asking the employers to start paying their employees a fair share in every industry.

How long do we have to look at record profits before you drones wake up and ask for your share?
And what do you do when the companies that you're looking to pay better outsource your shit or simply move operations to another country because they don't feel like sharing?
 
And what do you do when the companies that you're looking to pay better outsource your shit or simply move operations to another country because they don't feel like sharing?

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You sound lazy.

He also uses too much crystal meth. He probably sucks ass at his job, which is why his pay will never increase. In fact, his employer is probably trying to figure out a way to get rid of him.
 
I'm not asking for democratic redistribution.

I'm asking the employers to start paying their employees a fair share in every industry.

How long do we have to look at record profits before you drones wake up and ask for your share?

You want to reap from the profit, but you wouldn't accept a pay cut during downturns or non profitable years.

I pay my employees what they are worth in the market, not by how much I am profiting from running my businesses.
 
Reagan's economic advisor and H.W. Bush's treasury director:

 
Reagan's economic advisor and H.W. Bush's treasury director:


It took over a year for the stock market to notice that Trump was in office?

What kind of moron would honestly think that? Do people not realize how the stock market functions?
 
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