jcd11235

You seem to have economists confused with financial analysts. "Economists study the production and distribution of resources, goods, and services." There's no reason to believe that a competent economist would become a billionaire, or that not becoming a billionaire (or even millionaire) is an implication that an economist is incompetent. Math tutoring available. Only $6! per hour! First lesson: Factorials!

I think it would be, but without a more specific plan and sufficient data to estimate parameters, I can't be sure. I'm far too lazy to attempt to derive the result from scratch. Edit to add: Actually, it would be easy enough to show that the asymptote (if it exists) would be horizontal. Math tutoring available. Only $6! per hour! First lesson: Factorials!

I suspect the effect would be asymptotic, and a fairly stable equilibrium would occur. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Neither extreme is particularly desirable. Math tutoring available. Only $6! per hour! First lesson: Factorials!

"If you wish to make an apple pie from scratch, you must first invent the universe." -Carl Sagan, Cosmos Math tutoring available. Only $6! per hour! First lesson: Factorials!

Nor should it be. Math tutoring available. Only $6! per hour! First lesson: Factorials!

A dollar a year for ten years. Not too revolutionary. $1 per year is approximately equal to 2¢ per week. I doubt it would have any noticeable effect for anyone, not even if such a raise was given every year for ten years. And then inflation proofed. So, you want to increase the minimum wage from $7.25 to $7.2505, and inflation proof that figure. Fair enough. That's much more reasonable than your proposal to increase the minimum wage to $20 per hour. $15 an hour was my estimate. And I asked you how you arrived at that figure. You then decided $20 per hour would be better. Then you changed your mind and suggested $7.2505 per hour (i.e., $1 per year increase) would be a better minimum wage. Are you going back to $15 per hour? That's WAY too much and would decrease employment. My suggestion is $1 a year increase in the minimum wage until the employment 'sweet' spot is reached. In my opinion somewhere between $15 and $20. You say the sweet point is about $9. I think you mean $1 per hour per year increase in the minimum wage. That's much different from $1 per year increase. I suspect that $1 an hour might already be past the "sweet spot" at which there is zero effect on employment. $2 per hour, even implemented over two years, would almost certainly be past that point. Math tutoring available. Only $6! per hour! First lesson: Factorials!

I strongly disagree. It is with good reason that the Constitution's framers chose to not give the people a direct way to amend the Constitution. One only needs to notice how many states have bigotry enshrined in their state constitutions to recognize the wisdom of the framers. Heck, Florida even has a constitutional amendment that addresses safe living conditions for pigs (I'm not referring to cops). The Constitution should not easily change with the political winds. Math tutoring available. Only $6! per hour! First lesson: Factorials!

A dollar a year for ten years. Not too revolutionary. $1 per year is approximately equal to 2¢ per week. I doubt it would have any noticeable effect for anyone, not even if such a raise was given every year for ten years. And then inflation proofed. So, you want to increase the minimum wage from $7.25 to $7.2505, and inflation proof that figure. Fair enough. That's much more reasonable than your proposal to increase the minimum wage to $20 per hour. $15 an hour was my estimate. And I asked you how you arrived at that figure. You then decided $20 per hour would be better. Then you changed your mind and suggested $7.2505 per hour (i.e., $1 per year increase) would be a better minimum wage. Are you going back to $15 per hour? That's WAY too much and would decrease employment. Math tutoring available. Only $6! per hour! First lesson: Factorials!

You're probably the only person who believes that. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Yes, but $1 per hour per year isn't what he proposed. Math tutoring available. Only $6! per hour! First lesson: Factorials!

A dollar a year for ten years. Not too revolutionary. $1 per year is approximately equal to 2¢ per week. I doubt it would have any noticeable effect for anyone, not even if such a raise was given every year for ten years. And then inflation proofed. So, you want to increase the minimum wage from $7.25 to $7.2505, and inflation proof that figure. Fair enough. That's much more reasonable than your proposal to increase the minimum wage to $20 per hour. I would suggest that increasing the minimum wage to some point between $7.75 and $9.00 per hour (probably ~$8/hr), and indexing that to inflation would be more appropriate. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Well, it would be nice if you could come up with at least one example of Iran posing a threat to US national security. Those you listed certainly don't cut it. Got away with what? They paid a civil penalty, right? They weren't charged or convicted of any crime. The only thing anyone is defending is due process, which you seem to be happy to wholly disregard. Math tutoring available. Only $6! per hour! First lesson: Factorials!

A dollar a year for ten years. Not too revolutionary. $1 per year is approximately equal to 2¢ per week. I doubt it would have any noticeable effect for anyone, not even if such a raise was given every year for ten years. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Possibly, but if done a $1 a year for a few years probably not. I agree. Increasing pay by $1 per year for a few years would probably have no negative effect on employment. There wouldn't even be any need to end such raises after a few years. Of course, I'm not sure what good a raise of approximately 2¢ per week, as you suggest, will do. Keep doing it then until the employment 'sweet' spot is reached. Then inflation proof the final figure. Keep doing what? Giving 2¢ per week raises? Math tutoring available. Only $6! per hour! First lesson: Factorials!

Not a bit. Iran should be way, way down the list of national security priorities. How come you keep avoiding the relevant questions? Math tutoring available. Only $6! per hour! First lesson: Factorials!

Iran doesn't pose a serious threat to our national security. Way to avoid answering the question about the difference between civil law and criminal law, though! Math tutoring available. Only $6! per hour! First lesson: Factorials!

Possibly, but if done a $1 a year for a few years probably not. I agree. Increasing pay by $1 per year for a few years would probably have no negative effect on employment. There wouldn't even be any need to end such raises after a few years. Of course, I'm not sure what good a raise of approximately 2¢ per week, as you suggest, will do. Math tutoring available. Only $6! per hour! First lesson: Factorials!

About $15 an hour. How did you arrive at that figure? It's a conservative estimate. $20 inflation proofed will more likely do the trick. So, you didn't use any sound methodology to get your number; you just made a wild ass guess. $20 would be WAY too high, and would certainly reduce employment. Math tutoring available. Only $6! per hour! First lesson: Factorials!

No. You just need to show us a guilty verdict or a guilty plea to support your assertion that these guys were convicted of a crime and are deserving of jail time. In the process of attaining your US citizenship, did you learn anything about due process? Perhaps you skipped over the 5th amendment. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Could you please link to an article that describes the felony of which a jury found them guilty? Alternately, you could link to an article that describes how they pleaded guilty to a crime. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Do you understand what a civil infraction is? Math tutoring available. Only $6! per hour! First lesson: Factorials!

Specifically, the physiologist I quoted thinks the medical community should bear 30% of the responsibility. Of course, that implies that the supermajority of the responsibility be borne by others not in the medical community. So, clearly, he does not believe that doctors are the answer to everything. The two are not mutually exclusive. It is both. Math tutoring available. Only $6! per hour! First lesson: Factorials!

Which state's proposal are you reading? Until we see specific proposals from states, we will have no idea how they plan to modify the program in their jurisdiction, or if the federal government will approve their waiver application to allow them to implement their alternative plan. Math tutoring available. Only $6! per hour! First lesson: Factorials!

And well informed consumers. The less accurate the information, the less ideal consumers' decisions will be. The less information available, the more random (or perhaps chaotic) consumers' decisions will be. Ah, yes!.. And so everyone who disagrees with the liberals, is obviously not a 'well-informed consumer' -- therefore liberals are right to make his (or her) decisions FOR him! I was just pointing out that a market economy depends on perfect information. Without it, economic performance will be suboptimal. Math tutoring available. Only $6! per hour! First lesson: Factorials!