opo

68 ms·

541.
by opo 7y ago
>...n McDonald's case, a 100+% rise in wages would represent a 4% rise in price. Estimates are that labor costs are more like 33% of the costs of a fast food restaurant like McDonalds: https://s3.amazonaws.com/s3.doc
542.
by opo 7y ago
>...Why do you think Pasteur tested the vaccine on himself ? What vaccine did Pasteur test on himself? The first human subject for the rabies vaccine was a boy who had been bit by a rabid dog. https://en.wikipedia.org/wi
543.
by opo 8y ago
>...That is true, and established now, but in the early days of VHS rental, it wasn't so clearly established, and the movie studios did issue high-cost tapes that came with public performance rights. I don't think that is right
544.
by opo 8y ago
I am pretty sure regulators in Europe do not use the same drug approval process that was used in the 1960s. For example: >...The Mutual Recognition Agreement (MRA) between FDA and European Union allows drug inspectors to rely upon info
545.
by opo 8y ago
We don't need to rely on anecdotes. There are plenty of studies on open offices and how they affect productivity. For example: >...The design of the research was simple but incredibly clever. Study two Fortune 500 companies planni
546.
by opo 8y ago
There are reasons to be skeptical of this quote. As user GatorD42 pointed out when this was brought up before: >...Baum claims Ehrlichman said that to him in 1994 while he was researching for a book he published in 1996 about the drug w
547.
by opo 8y ago
>...The FED is essentially signalling to policy makers that the time to up minimum wage is... was, yesterday. I don't think there is any evidence at all that the Fed raising (or not raising) the interest rates is an attempt to dict
548.
by opo 8y ago
>...When the government sells bonds or lowers rates or prints money, I think you have that backwards. The common consensus is that the Fed selling bonds has the opposite effect: >...f the Fed buys bonds in the open market, it increas
549.
by opo 8y ago
>...Real wages haven't increased since 1970. From the data from the Fed, this is only partially true if you ignore non-cash compensation: >...A job usually also involves other types of compensation, such as the employer’s contrib
550.
by opo 8y ago
>How about expanding it instead? In the US the draft just allowed the US government to continue the Viet Nam war far longer than it otherwise would have gone. Over 2.7 million Americans served in Viet Nam. If the politicians could have
551.
by opo 8y ago
The USA should use this opportunity to step back and re-think whether registering for the draft is needed in this age. The whole draft registration program is simply a waste of millions of dollars a year.
552.
by opo 8y ago
>...Organic is grown without pesticides at all, I don't think that is true: >...Organic farming, just like other forms of agriculture, still uses pesticides and fungicides to prevent critters from destroying their crops. >...A
553.
by opo 8y ago
>...The rest of the project was to be funded with "TBD" sources. I believe the initial cost estimates were in the $40B range. Thanks for pointing that out, I didn't realize that. I wonder how many of the people who voted
554.
by opo 8y ago
>So what if tax revenue has been flat as a percent of GDP? Like with much data, it has to put in context with other data, but I am pretty sure most people don't know that fact. As how that tax burden is allocated, do you think the r
555.
by opo 8y ago
Because it leads to bad economic choices by the rich and that doesn't actually help anyone. Just recently we had a discussion on how those in Hollywood avoided the high marginal rates: https://www.bloomberg.com/opinion&
556.
by opo 8y ago
>... I also don't agree that a project should be killed because it's cost has increased ~$20B over what was approved in 2008. You aren't even close. The fiscal impact statement of what was voted on in 2008 was: >...Sta
557.
by opo 8y ago
>...There are serious debates about these issues. Of course there is debate - I never said their wasn't. It was the original poster who wrote: >>..It isn't debatable because we know hiroshima and nagasaki had no bearing o
558.
by opo 8y ago
The atomic bomb was the only reason given by the Emperor for the surrender in his address to the nation. Even after 2 atomic bombs were dropped there was an attempted military coup to prevent the Emperor from surrendering. >...They were
559.
by opo 8y ago
>..We had a much larger economy and resource potential than germany and japan. Just like we do today. It was a race neither had a chance of winning. Germany spent about an equivalent amount of money in the V1 and V2 rocket programs that
560.
by opo 8y ago
This 4% rule is based off the Trinity study, but you are making a common mistake in interpreting the results. >...The 4% refers to the portion of the portfolio withdrawn during the first year; it is assumed that the portion withdrawn in
561.
by opo 8y ago
Interesting chart - it shows inequality slowing rising over the decades, but it can't tell you how much of the total market income the top 10% received. According to the OECD, the top 10% in the US now make about 33% of the market inc
562.
by opo 8y ago
>No state but New Jersey. https://www.wsj.com/articles/new-jerseys-tax-gift-to-florida... . Most people would agree that raising the max tax rate from 8.97% to 10.75%, is not anything like raising the max tax rate fr
563.
by opo 8y ago
>...for the highest brackets. The US has a more progressive tax system than just about any OECD country. Those northern European countries no longer have the close to 100% confiscatory tax rates they sometimes had because they end up hu
564.
by opo 8y ago
So are estate taxes, gift taxes, etc. What about it? It isn’t what the article or we are talking about. It is disingenuous of you to now move the goal posts.
565.
by opo 8y ago
>...If people making more than $10 million a year or with a wealth of more than $50 million are going to leave the United States we have ways to handle this, namely the Expatriation Tax, which France doesn't have. I wouldn’t necessa
566.
by opo 8y ago
A difference is that the US is a much more progressive tax system, - the tax rates in Denmark are much flatter. This gives Denmark much more income from taxes per person. So far none of the politicians in the US arguing for very high rates
567.
by opo 8y ago
>That mostly happened because the top 10% is today capturing a much higher percentage of GDP compared to 1980. As a start, do you actually have a link that can back that up?
568.
by opo 8y ago
Because it hurts the economy. As I said previously, confiscatory high tax rates just result in politically connected groups getting tax breaks, lots of money spent in less productive ways to avoid the high rates and if those can't be
569.
by opo 8y ago
The original article is about federal income tax rates. In one of your messages there was this comment by you: >> When Reagan lowered the tax rates in exchange for eliminating the tax shelters... >We got skyrocketing wealth inequa
570.
by opo 8y ago
>...Comparing what the top 10% paid vs bottom 50% is silly. That isn't what was done. The comparison is over time. The claim is often made that the rich paid far more of a share of the taxes until Reagan lowered the rates. The da

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