Music Banter

Music Banter (https://www.musicbanter.com/)
-   Current Events, Philosophy, & Religion (https://www.musicbanter.com/current-events-philosophy-religion/)
-   -   What Did President Trump Do Now? (https://www.musicbanter.com/current-events-philosophy-religion/87986-what-did-president-trump-do-now.html)

Key 12-10-2016 02:05 PM

Quote:

Originally Posted by Qwertyy (Post 1781419)
i only read a little bit of what you said about his cabinet picks but the fight for a better wage is pretty pointless once you understand inflation and how it works.

I actually agree with this.

Trollheart 12-10-2016 03:38 PM

Quote:

Originally Posted by Ki (Post 1781497)
I actually agree with this.

OT: you know if you could Photoshop that "hi" into a "Ki" (shouldn't be too hard) your avatar would probably get a few extra points?

elphenor 12-10-2016 03:42 PM

Quote:

Originally Posted by Qwertyy (Post 1781419)
i only read a little bit of what you said about his cabinet picks but the fight for a better wage is pretty pointless once you understand inflation and how it works.

ughhhhh stop talking about things you don't know anything about

higher wages, higher minimum wages in this case, do not cause inflation

elphenor 12-10-2016 03:50 PM

Quote:

Originally Posted by Qwertyy (Post 1781491)
"Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service."

basically by making mcdonald's (as an example) pay their employees more, you're making mcdonald's raise their prices which then means you're just paying more for your mcdonald's and these people aren't actually gaining all that much with their increased wage. obviously if it was just one company that did it we wouldn't have a huge issue, but if everyone gets an increase in pay (i.e up minimum wage) there will be inflation across the board. it's kind of like asking "why doesn't the government just print more money?"

someone told you this once probably and you never thought to actually learn anything about the issue

minimum wage has been increased incrementally throughout our history and has never caused significant inflation
more expensive cities have adopted $15 minimum wages and it did not cause significant inflation

What happens is the pay gap between those who make massive salaries and those who make the minimum shrinks to cover the costs rather than raising prices which is the last thing a business wants to do because their competitors will undercut them

It is nothing like the gov printing more money.

It's also a good thing to keep in mind that those making minimum wage spend 100% of their income in most cases meaning all their money goes back into the economy higher wages means economic stimulus

Exo 12-10-2016 04:04 PM

Quote:

President-elect Donald Trump has selected Exxon Mobil CEO Rex Tillerson as his nominee for secretary of State, NBC News reported Saturday.

Tillerson is expected to be offered the post this weekend, The New York Times reported.

Tillerson had reportedly jumped to the front of the pack of candidates in recent days, despite not being mentioned on shortlists as recently as last week.
Trump transition spokesman Jason Miller said in a tweet Saturday afternoon that there would not be an announcement about the State position until at least next week, though he did not refute NBC's report.

Several other media outlets reported Saturday afternoon that Tillerson was Trump's likely pick to become the nation's next top diplomat.

Critics have already called into question Tillerson’s ties to Russian President Vladimir Putin.

According to the Wall Street Journal, Tillerson negotiated an energy partnership with Putin in 2011 that the Russian president said could be worth $500 billion.

The following year, Tillerson received the Russian Order of Friendship, one of the highest awards the country bestows upon foreign nationals.

Reuters reported earlier this year that the Exxon Mobil deal with Russia had been put on hold due to sanctions levied against the Kremlin for its annexation of Crimea in 2014. The company has said it intends to resume the deal after sanctions are lifted — a process that Tillerson could help expedite as secretary of State.

NBC's Andrea Mitchell said that two sources informed her that Tillerson's selection is planned to be announced sometime next week. She also reported that former Ambassador to the U.N. John Bolton, a neoconservative firebrand, would be tapped to be Tillerson's deputy at State.

The selection of the Putin ally comes just hours after the Washington Post reported that the CIA had assessed that Russia had interfered in the U.S. election in an effort to help Trump get to the White House.

Trump pushed back on the report with an attack on the CIA. An unattributed statement from his transition team said of the agency, "These are the same people that said Saddam Hussein had weapons of mass destruction."

If the NBC report proves accurate, all eyes will turn to the GOP senators who have taken the most hawkish stances toward Russia, as Democrats will likely only need three Republicans to cross the aisle to block the nomination.
Trump picks Exxon CEO Tillerson for secretary of State: report | TheHill

If this turns out to be true, as Trump hasn't officially announced it yet, we are going to be speaking Russian in a few years. This is incredible. There are too many dollar signs in the eyes of every person Trump has elected to his cabinet that they can't see the fact that they're playing right into Putin's hands. Incredible. I'm going to get a head start tonight by pouring vodka down my throat to get my tolerance up.

Zhanteimi 12-10-2016 04:23 PM

Quote:

Originally Posted by Exo (Post 1781532)
we are going to be speaking Russian in a few years

You say that like it's a bad thing.

Exo 12-10-2016 04:37 PM

Quote:

Originally Posted by Mordor (Post 1781534)
You say that like it's a bad thing.

Yup.

Zhanteimi 12-10-2016 04:38 PM

How do you feel about Spanish?

Exo 12-10-2016 04:41 PM

Quote:

Originally Posted by Mordor (Post 1781539)
How do you feel about Spanish?

I learned Spanish in High School.

Zhanteimi 12-10-2016 04:42 PM

So you're fine with Spanish but not Russian? Why?


All times are GMT -6. The time now is 03:38 PM.


© 2003-2020 Advameg, Inc.