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In response to:

Unemployment Climbs Up to 7.6 Percent

oujon Wrote: Jun 07, 2013 9:24 AM
"A recent Rasmussen Report showed the overwhelming majority believe it will be difficult for this age demographic to find summer work." ________ And yet an overwhelming majority also believes that minimum wage laws are a good thing. Go figure.
In response to:

Eurozone unemployment heading for 20 million

oujon Wrote: May 31, 2013 10:16 AM
http://epp.eurostat.ec.europa.eu/cache/ITY_PUBLIC/3-31052013-BP/EN/3-31052013-BP-EN.PDF
In response to:

Eurozone unemployment heading for 20 million

oujon Wrote: May 31, 2013 10:12 AM
From Eurostat's Report: Based on the ILO definition, Eurostat defines unemployed persons as persons aged 15 to 74 who: - are without work; - are available to start work within the next two weeks; - and have actively sought employment at some time during the previous four weeks.
The Keynesians did a great job of getting people to associate the word "austerity" with just spending cuts, so now when Europe shows that austerity doesn't work, people assume it means that spending cuts don't work. We need a better marketing department.
In response to:

The Art of the Impossible

oujon Wrote: Apr 30, 2013 4:20 AM
It works if you consider to whom the sales taxes are paid - state and local communities. So then anyone can vote in state and local elections; however, only those who pay federal income taxes can vote in federal elections (US Congress and President). I believe the only federal sales tax is gasoline tax, but that should be collected and used by the states anyways and not laundered through DC.
In response to:

Minimum Wage, Maximum Foolishness

oujon Wrote: Mar 13, 2013 10:16 AM
Yikes you're right. Should've said "THEIR MW." Thank goodness my argument is more convincing now and you can take the figures I showed seriously.
In response to:

Minimum Wage, Maximum Foolishness

oujon Wrote: Mar 08, 2013 6:40 AM
Why pick 1962 as your baseline? Why not pick 1938, the year the national minimum wage was permanently established? The MW would then be $4.10 adjusted for inflation. Then, the states can decide what they're MW should be without having to take a federal, one-size-fits-all rate into consideration. Also, he did not imply that if the MW rose by 24%, that the cost of a Big Mac would rise by the same rate.
In response to:

Dave Says Don't Fake Being Poor

oujon Wrote: Feb 21, 2013 7:52 AM
Dave needs to research what churning really is. It does not involve flipping balances from card to card, and it is a very easy way to be able to travel the world very cheaply. Like anything else in finance, it does take a responsible attitude though.
In response to:

Random Thoughts

oujon Wrote: Feb 12, 2013 3:41 AM
A Sowell/Williams or Williams/Sowell ticket is my dream!
In response to:

Socialism v. Charity

oujon Wrote: Dec 28, 2012 5:53 AM
But don't you agree that while, in theory, there shouldn't be a need for government to offset anything, in reality, offsetting their ridiculous spending with (imaginary) cuts to other programs or higher taxes is exactly what politicians do. And whoever has the least effective lobbyists ends up holding the bag. In this case, the nonprofits spread the fear that without the deduction, their coffers would dry up. And then the taxpayers who donate (and also itemize) chime in. Then those taxpayers who are left, those who do not donate and those who donate but do not itemize, are stuck with a higher overall tax rate. And although the inclusion of the deduction should not mean a higher rate, in reality it usually does.
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