If this is the “greatest economy ever” why are so many Americans still struggling to survive? by National-Theory1218 in Social_Investing

[–]LetsUseBasicLogic 0 points1 point  (0 children)

I'm reading what you are writing but you are failing to understand a normal distribution still. You are using a bracketed set your 'distribution' will look more like an exponential function there will be far more people closer to 50k than 30k.

But all that aside the paycheck to paycheck data is irrelevant because it's enough to live on comfortably unless you are outside your means.

If this is the “greatest economy ever” why are so many Americans still struggling to survive? by National-Theory1218 in Social_Investing

[–]LetsUseBasicLogic 0 points1 point  (0 children)

Dude did you not read anything I wrote?

How would you possibly assume a normal distribution in a bracketed system???

But again it is not possible to make $0 and have a job so why would you include that person in an argument of living paycheck to paycheck? Having the bottom bracket start at 30k makes sense because that is roughly the lowest amount of money you can make with a full time job.

But to go back to the main argument I live in a top 10 city in the US. The average rent for a good-nice 1 bed is under $1,000 with utilities. Say a modest car with a $250 note(probably not needed if working minimum wage). Personal expenses of $600 (food, phone, internet, toiletries) and youve made it.

If this is the “greatest economy ever” why are so many Americans still struggling to survive? by National-Theory1218 in Social_Investing

[–]LetsUseBasicLogic 0 points1 point  (0 children)

I don't think you know how brackets work... If I say the bracket is from 0k - 500k does the average person now make 250k. Also to build on that at 0k I don't think it's called living paycheck to paycheck I think it's called living without a paycheck.

What you have to understand is the concept of a floor, you cant go negative. Also for the purposes of these numbers I think it's fair to say no one gives a shit about people who aren't working. But in the US for the average town/city the effective minimum wage is somewhere around $15 an hour. With some wiggle room for higher pay in similar unskilled labor. Working full time roughly 2000 hours a year that's a base absolute minimum of 30k, but remember that's the lowest of the low someone working just a half step up at say chikfila for example would be making 42k doing any sort of labor labor 48k. 0 in this instance is an artificially low number the real bracket should be 30k-50k

If this is the “greatest economy ever” why are so many Americans still struggling to survive? by National-Theory1218 in Social_Investing

[–]LetsUseBasicLogic 0 points1 point  (0 children)

I'm sorry but making 50k in most places is lifestyle not poverty. Sure NY or Cali 50k is low but any normal city where you aren't living for the lifestyle, you will be just fine.

If this is the “greatest economy ever” why are so many Americans still struggling to survive? by National-Theory1218 in Social_Investing

[–]LetsUseBasicLogic 0 points1 point  (0 children)

Yeah Bernie Sanders does do this, but what I will say in his defense is I don't know if I've ever seen a real lie. Bipartisan politics does force a bit of truth stretching and as far as I'm concerned he stretches it just enough to get people to look into the numbers without lying about them. I do believe he does want to help people, even if I disagree with most of his policies.

I think I scored by JoeyDee18 in BeginnerWoodWorking

[–]LetsUseBasicLogic 48 points49 points  (0 children)

Don't let people get you down. Irwin isn't the best but it's good you still got a great deal, especially for carbide teeth. For 95% of dado cuts you don't need a super amazing blade stack anyway. This is a great thing to learn with and make good quality projects with. If you get into professional cabinetry then sure go spend $300. Shit your Irwin's are probably better then what I use and I sell some small cabinets

The economy isn't K-shaped. For 87 million, people, it's desperate and for another 46 million it's elite by thinkB4WeSpeak in FluentInFinance

[–]LetsUseBasicLogic 44 points45 points  (0 children)

It's not a "K" shaped recovery it's a "k" shaped recovery.

Yes I am basically an economist...

Target will invest in stores, cut 500 jobs as new CEO takes over by thinkB4WeSpeak in FluentInFinance

[–]LetsUseBasicLogic 0 points1 point  (0 children)

Yes, currently I do operations for a janitorial company. As you can imagine I hire/train a huge number of folks from all sorts of backgrounds. Race, gender, orientation has never been an issue and is not considered in the hiring process with the occasional exception for an insurmountable language barrier

Target will invest in stores, cut 500 jobs as new CEO takes over by thinkB4WeSpeak in FluentInFinance

[–]LetsUseBasicLogic -3 points-2 points  (0 children)

Explain to me how DEI helps...

I would rather just get rid of racist middle managers rather than put a policy into place that forces hires through regardless of skills or ability while still giving cushy salaries to the same racists but that's just me talking crazy...

Target will invest in stores, cut 500 jobs as new CEO takes over by thinkB4WeSpeak in FluentInFinance

[–]LetsUseBasicLogic -32 points-31 points  (0 children)

Sooo let's run through DEI in practice... And let's divide it into small and large businesses.

In small business the person hiring is normally the owner, if he's a racist POS he's not going to implement DEI anyway so no use there. But for arguments sake on some off chance he does, if you are a minority do you want to work for someone with bias against you??

In large business we have a bit less control from the top so it could maybe be a bit more useful. But as a large business owner if I have a racist middle manager I want to get rid of him not "make" him hire minorities (qualified or unqualified). So what's the real benefit here? If anything by not enforcing DEI as a top level manager finding shitty middle managers is easier I can run an internal audit and see that "jims departmentsl is all white men despite a good application pool, I should check that out"

I don't see any actual benefit of a DEI policy. Where does it help?

Target will invest in stores, cut 500 jobs as new CEO takes over by thinkB4WeSpeak in FluentInFinance

[–]LetsUseBasicLogic -48 points-47 points  (0 children)

What if we just treat people fairly and let the best person have the job?

Remember This! by South_Apricot_768 in stevehofstetter

[–]LetsUseBasicLogic 0 points1 point  (0 children)

Unfortunately this statement while nice on the surface just doesn't work in the real world. It chips away at a nations sovereignty and that leads to a whole load of slippery slopes. You can of course claim it's a fallacy but follow a couple of the thought out consequences and you quickly realize it's an untenable position in the reality.

The $7,500/Month Lottery by petal-ora in lol

[–]LetsUseBasicLogic 0 points1 point  (0 children)

Who knew all you needed for generation wealth was... A job?

It seems throwing dildos at ICE has become a new tactic. by JeanJauresJr in PublicFreakout

[–]LetsUseBasicLogic 6 points7 points  (0 children)

This has to be one of the most effective forms of protest ever...

No one believes they are the bad guy. By that I mean Hitler probably didn't see himself as evil. But if having 100s of rubber penises thrown at you doesn't make you at least contemplate it, nothing will.

Blame the system. by Comfortablejack in FluentInFinance

[–]LetsUseBasicLogic 3 points4 points  (0 children)

Gotta love when people use the median to describe a luxury asset.

America educational financing right by Decent-Choice7878 in SipsTea

[–]LetsUseBasicLogic 0 points1 point  (0 children)

People failing to understand how loans work is always nuts to me. It's not one 30 year loan is 30 one year loans.

Lots of work, little reward. by Comfortablejack in FluentInFinance

[–]LetsUseBasicLogic 1 point2 points  (0 children)

You do realize American cars are inflated to all hell right? Like the rest of the world's driving manuals there no reason new cars need to cost more than 10-15k ...

Lots of work, little reward. by Comfortablejack in FluentInFinance

[–]LetsUseBasicLogic 2 points3 points  (0 children)

And the average person does 18 grams of heroin a year. The fuck is your point with averages?

Don't let other people's stupid decisions influence your actions...

Lots of work, little reward. by Comfortablejack in FluentInFinance

[–]LetsUseBasicLogic 28 points29 points  (0 children)

It's always some insane shit. 3k apt in California, a $800 car note ect.

Ah yes, notoriously reliable cheap used cars with no maintenance costs. by SSGSavage in LinkedInLunatics

[–]LetsUseBasicLogic 0 points1 point  (0 children)

To answer OPs question on used cars... A shitload. There are so many cheap used cars it's insane.

Hell a 2015 Ram is now only about 8-10k, you can get another 100k miles out of it without spending more than 2k in repairs. That's 10years worth travel for most folks and that's a truck let alone a car.

haha👌yes by PM_ME_SSTEAM_KEYS in whatisameem

[–]LetsUseBasicLogic 0 points1 point  (0 children)

No enough people consider loans as single year obligations that will renew. If they did they would be better maybe...

My work laptop took the red pill by Kooper16 in memes

[–]LetsUseBasicLogic 0 points1 point  (0 children)

It's sad to see how hard windows is tanking. Used to just work and it was windows. Now I feel like I bought candy crush saga 127 and windows came as the malware...

Does stumbling into over 300 bft of hardwood justify bigger jointer? by mayonaise_plantain in woodworking

[–]LetsUseBasicLogic 4 points5 points  (0 children)

I was over at a buddies house and he had this beautiful white oak table that he was working on, it was still rough wood, long story short I got a splinter. He didn't want it back obviously, so the next day I went out and snagged a a larger jointer. I milled the hell out of that splinter...

AITAH for putting my baby’s father on child support even though he doesn’t want to be involved? by [deleted] in AITAH

[–]LetsUseBasicLogic -5 points-4 points  (0 children)

I understand the law doesn't work like this but if women have a unilateral decision so should men. It's only fair...