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California is doing its damnedest to ignite a wage - price spiral. They raised the minimum wage from $8/hr to $9/hr with another hike to come next year. Everywhere I go I see stickers with new, higher prices covering up the old prices on the sign boards.
No mention either of the secrecy with which these trade agreements are being negotiated. Insiders get to influence the outcome. The public has no input and no insight.
If one of my paid employees was as dissembling, evasive, condescending, and untruthful as the IRS witnesses have been, I certainly would not "retain an atmosphere of decorum". It is time to read them the riot act. The House holds the purse strings for the IRS. It is time to yank on those purse strings for a little honesty and integrity.
Deflation? I'm just not seeing it. Both in personal life and a small food business, prices are continuing to climb. Electronics is the only area where prices seem to be stable or decreasing. Plus here in California, we are about to get an inflationary increase in the minimum wage. Apparently no one in Sacramento can be bothered to google "Wage Price Spiral".
The easiest way to fix this is to make a random delay of 100-400 milliseconds for each trade. This is about the response time of a human trader and for most trades won't even be noticed.
The easiest way to fix this is to make a random delay of 100-400 milliseconds for each trade. This is about the response time of a human trader and for most trades won't even be noticed.
In response to:

Big Government Really Is Over

Desert Denizen Wrote: Apr 01, 2014 10:17 PM
Looks like folks are looking at the Swiss model. Strong defense, limited government, most of the decisions made at the canton level. Much there to like.
Once again it is political failure that drives economic failure. The IMF, for all their other failings, is advocating needed reforms. The problem is that the political leadership and the people are unwilling to face up to the problems that they inherited from the breakup of the Soviet Union, as well at the problems that the government created since then. The IMF then becomes a useful scapegoat for internal problems. This situation is not unlike the problems we have with financial and entitlement reform here. The thing is that we won't have the IMF come along to force change. The United States is "too big to fail". Well, not "too big to fail", but really "too big to bail out".
In response to:

No Tomorrow Living for Today

Desert Denizen Wrote: Mar 21, 2014 11:55 PM
I have worked very hard to save for retirement, not taking vacations and buying things, but saving and investing. What worries me is that the 80% who saved nothing will go to their congress critters and point at me and say, "Its not fair that he has so much retirement income, I want some of that!" Lo and behold, that big IRA and 401K become a reelection kitty for said congress critters to distribute to ensure the support from the 80%. The new grasshopper and ant parable will then be played out.
In response to:

Democrats, How Much Will You Take?

Desert Denizen Wrote: Mar 02, 2014 12:12 PM
Editor! Editor! Where is the Editor? "Obama’s single-handed rewriting of the Affordable Care Act should make them shutter." What are they going to do? Cover the windows? Well, at least it passed the spell checker.
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