[The-Shoveler]

I would answer but there is this bright shiny thing blinking on my screen I have to check out.

[The-Shoveler]

Gas is kind of like food IMO (OK food for your car).

But I have been known to avoid Costco gas because of the long lines.

I have sometimes spent 10-15 cents more a gallon just to avoid the line.

I hate waiting in gas lines, seems like your burning up the saving Idling in line LOL.

[The-Shoveler]

The experiment has been already been done

http://www.bloombergview.com/articles/2014-02-21/where-a-higher-minimum-wage-hasn-t-killed-jobs

Washington state, for example, has the nation’s highest rate, $9.32 an hour. Despite dire predictions that increases would cripple job growth and boost unemployment, this isn’t what happened.

[The-Shoveler]

In coastal SD It was eaten by demand.

maybe not so much elsewhere.

[The-Shoveler]

That’s not the way it will work IMO.

The increase in costs due to increase labor costs will not be as large an impact on the better paid workers so their spending habits will not change as much as the lower paid workers who have been left behind and will now have more to spend.

But we seem to not be able to agree on any of this so I will leave it here as I don’t have time for this.

[The-Shoveler]

Agree CAR,

We may lose a few jobs at first, but the increased spending would create more better paying jobs in a very short time IMO.

[The-Shoveler]

flu most of that has to do with scale, but yea I remember paying 3K for a Slow POS PC with one 40Meg hard drive back in the day (but is was made in America LOL).

The lower end of the wage scale has really lagged behind and suffered the last 20 or so years, so there needs to be some leveling IMO.

They are not going to manufacture I-Pads here anytime soon regardless.

You give a low wage earner a little more money he will spend it, you give the CEO a few million more bucks he will put it in a tax shelter somewhere.
(or maybe buy a NY condo).

[The-Shoveler]

There are many reasons why deflation cannot be allowed to exist for long time periods.

the most obvious is long term debt.

And yes local Gov’s hold the most long term debt.

[The-Shoveler]

OK you got me on formalities but yea that is what I meant.
But anyway if you main driver of your economy is Oil and Gas exports, you are in serious trouble for the next 20 years starting about now.

I would say the same for if your main driver is cheap labor.

[The-Shoveler]

Let them eat red Ink LOL.

Why the UK stayed out of the EU.

But in a way I think you are right, we have our own problems.

[The-Shoveler]

The way I understand it China really put the squeeze on Russia, which I think shows their desperation.

Even without the embargo etc… just taking over the expenses of running and securing these areas is a huge financial and resource drain.

This is mostly why Russia was doing well up until now, They got rid of all the red ink states.

[The-Shoveler]

[quote=flu]
It’s really unfortunate some people lost their homes. But I think the numbers were still much lower than before….(I know, we’re still in the fire season)…[/quote]

Great flu jinx us why don’t you.

Just kidding,

looks like two new ones started in fallbrook area.

[The-Shoveler]

[quote=ucodegen]Almost looks like we have an arsonist… Interesting that one of the Al Qaeda attack approaches that they ‘considered’ or had in papers discovered with them, is the use of forest/brush fires to ‘burn down the town’. Most of these fires have been upwind of population centers.[/quote]
Something going on, looks like encinitas now (Palomar cam)

[The-Shoveler]

Looks like one in Carlsbad as well.

http://palomarwebcam.com/

[The-Shoveler]

Was checking the lookout cams,
Looks like a fire starting in FallBrook.

http://hpwren.ucsd.edu/cameras/

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