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Posts by ORACLE
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2020-08-15 at 4:25 PM UTC in Mass and energy are the same thing
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2020-08-15 at 4:23 PM UTC in Mass and energy are the same thing
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2020-08-15 at 2:30 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-15 at 2:29 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-15 at 11:38 AM UTC in Mass and energy are the same thing
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2020-08-15 at 11:36 AM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
Originally posted by MORALLY SUPERIOR BEING 2020 IV: Intravenous Soyposting Anyone who thinks that increased labour supply doesn't lead to lower wages is at odds with the mainstream of economic thought.
Companies and governments want increased labour supply as it keeps wages lower.
If people believe that increased supply of a good or service results in an increased price of that good or service, they are in a whole new area of microeconomics, analogous to Veblen goods, and they need to supply a good explanation of the phenomenon so they can claim their nobel prize in economics.
Classic example ^ of a retarded pseud who has never once studied economics. You can tell he didn't even take a 101 course in a college setting, or failed it.
Only mongoloids with subnormal brain function would say this who never read/understand/remember the CONSTANT reminder of "ceteris paribus" in Econ 101 courses whenever they explained simple supply curves, which is supposed to remind you that everything being explained is just a series of toy models that are being used to explain isolated concepts and NONE of which apply in real markets, because no, you can't hold everything else constant.
But actually learning to model markets would take hard work and study. So just substitute actual knowledge with parroting some retarded alt right YouTuber's less-than-101 take on economy. -
2020-08-15 at 11:29 AM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
Originally posted by Splam You may've studied the labour market in college. But I've actually worked as a labourer and currently operate my own business where I have to compete with Mexicans, among others, for contracts. The Mexicans live in their vans, causing them not having to pay rent, and being able to undercut our contracts because they can live on so much less. Even up here in Canada! Not to say white people don't do it as well. But that's in order to now compete with the Mexicans! A good portion of the trades people up here in this small town live in their vehicles. It's ludicrous. Or maybe living out of vans is the way of the future and we should just get used to it?
1. Your anecdote enhancemented through your shitty lens doesn't equal data.
2. Someone is willing to be more productive and efficient than you, you are a lazy nigger, stop crying. All you want is to be paid more for doing nothing more.
3. There is literally zero dispute that whatever you've been supposedly lost out on because of immigrants, you've gained many orders of magnitude more than that in purchasing power due to market growth.
4. You can defeat this with a price control AKA a minimum wage raise, and make this whole point moot as they literally cannot go lower past a certain point. Which the Republicans have done more to suppress. -
2020-08-15 at 3:19 AM UTC in Mass and energy are the same thing
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2020-08-14 at 10:52 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-14 at 5:50 PM UTC in What are you doing at the moment
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2020-08-14 at 5:50 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-14 at 5:48 PM UTC in What are you doing at the momentShe cute tho
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2020-08-14 at 5:48 PM UTC in What are you doing at the moment
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2020-08-14 at 5:25 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-14 at 5:12 PM UTC in What are you doing at the momentHigh as fuck, hanging out with my girlfriend on my balcony while it rains.
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2020-08-14 at 12:27 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-14 at 12:19 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
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2020-08-14 at 12:18 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
In a country with abundant resources, the largest force of skilled labor, and the most productive industry in the world, many found it hard to understand why the depression had occurred and why it could not be resolved. Moreover, it was difficult for many to understand why people should go hungry in a country possessing huge food surpluses. Blaming Wall Street speculators, bankers, and the Hoover administration, the rumblings of discontent grew mightily in the early 1930s. By 1932, hunger marches and small riots were common throughout the nation.
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2020-08-14 at 12:16 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'
Originally posted by Speedy Parker Funny how kids raised in the depression didn't whine like y'all.
http://depts.washington.edu/moves/unemployed_map.shtml
http://www.loc.gov/teachers/classroommaterials/presentationsandactivities/presentations/timeline/depwwii/depress/ -
2020-08-14 at 12:13 PM UTC in Scientists Predict There's 90% Chance Civilization Will Collapse Within 'Decades'Ain't got no time for bat sex
