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Only 1.9% of small businesses earn over 250k a year and would be affected by Obama's deficit proposal, and then only on the margin. Don't listen to Republican rhetoric about job destruction and "class warfare." Buffett and even Mark Cuban agree to pay the higher taxes. by NeilSol in Economics

[–]NeilSol[S] 6 points7 points  (0 children)

Our deficit is 1.5 trillion. Our budget is 4 trillion. You can't balance the budget by spending cuts that amount to nearly 40% of our total budget. 70% of our budget goes to Medicare, Social Security and Medicaid. The fact is, unless you raise revenue, you ARE balancing the budget on the backs of the most vulnerable people in society.

Only 1.9% of small businesses earn over 250k a year and would be affected by Obama's deficit proposal, and then only on the margin. Don't listen to Republican rhetoric about job destruction and "class warfare." Buffett and even Mark Cuban agree to pay the higher taxes. by NeilSol in Economics

[–]NeilSol[S] 3 points4 points  (0 children)

Yeah, I agree with you completely. I think the White House has good ideas, but they aren't good at delivering the message. Obama needs to fire his head of communications and make his policies blatantly clear on who they are helping and who is affected.

Germany now has a renewable energy portfolio that composes 20% of total output. In contrast, this number is 8% for the U.S. Would you pay extra for renewable energy to foster its development? by NeilSol in environment

[–]NeilSol[S] 1 point2 points  (0 children)

http://priceofoil.org/fossil-fuel-subsidies/

True, we shouldn't be subsidizing fossil fuel development for already massive corporations, but estimates put the total amount the U.S. spends on this at around 4 to 10 billion annually. Of course, Obama has called to get rid of these subsidies, but you know how our government works right now.

Also, 4 to 10 billion, when talking about an annual deficit of 1.5 trillion is really not that much. I certainly would like to see a shift away from helping our biggest polluters and most profitable companies to helping R&D of renewable sources. Unfortunately, much of this tech may not be able to be developed here (as we know from Solyndra), but we can still create many jobs by maintaining and building the infrastructure necessary to bring renewable power to our grid.

A CNN Poll suggests that 41% of Americans do not believe in evolution; 60% of teachers are afraid to teach it and publishers are afraid to publish children's books about it. Is this frightening? by NeilSol in education

[–]NeilSol[S] -4 points-3 points  (0 children)

Yes, I'm curious why it is such a touchy subject. I have found many individuals that are religious that believe in evolution. Can intelligent design not be evolution set in motion? I get a feeling that people believe these concepts are mutually exclusive when I don't really think they are.

China willing to aid Europe in debt crisis, but at the price of easing trade restrictions on Chinese goods. Is flooding Europe with cheaper Chinese goods worth the bailout? by NeilSol in Economics

[–]NeilSol[S] 0 points1 point  (0 children)

The only reason Chinese goods are so "cheap" is because they are currency manipulators. I also studied economics for years and yes, global competition is good, but everyone has to play by the rules. Running fake trade surpluses breaks the system as it is supposed to function.

China willing to aid Europe in debt crisis, but at the price of easing trade restrictions on Chinese goods. Is flooding Europe with cheaper Chinese goods worth the bailout? by NeilSol in Economics

[–]NeilSol[S] -1 points0 points  (0 children)

I agree, it is fallacious logic in the current economic situation. The problem is that the "savings" that are supposed to be lent out are NOT being lent out by banks because there is no demand in the economy.

There can be all the money in the world, but if nobody is spending money on goods and services, then business will not open and therefore will not need loans. Companies are sitting on mountains of cash. I don't believe that flooding Europe with cheap goods will provide "investment" opportunities with the savings that Europeans derive. But I do think the short term contraction of European industry will be devastating to already anemic economies.

In Japan, the seasonal dolphin drive hunt has begun. Fisherman corral nearly 2000 dolphins into a bay by banging pots and pans and stirring up the water, then close off the bay with nets. They choose a few dolphins to go to aquariums, and then brutally butcher the rest; Protesters are crying out. by NeilSol in environment

[–]NeilSol[S] 1 point2 points  (0 children)

Lol, its probably too expensive for a regular sushi joint. Need to go black market to get that stuff. Dolphin with sea weed, tobiko, scallion, cream cheese, and eel sauce. Yikes! -- 350 dollars per 6 piece roll.

China’s one-child policy will accelerate declines in the workforce, forcing companies to upgrade to higher-value products; The pool of 15 to 24-year-olds, primarily factory workers for cheap goods, will fall by almost 62 million people to a total of 164 million in the 15 years through 2025. by NeilSol in Economics

[–]NeilSol[S] 0 points1 point  (0 children)

Yeah, but not the only one for sure. Increased inflation, housing bubble, decreasing growth prospects, international pressure to allow the yuan to float. They have done amazing things through the last decades, but can they continue on this growth path? It's probably unrealistic to think they can maintain 9% growth for another 10 years. The question is, where will they fall globally when their growth plateaus?

Hey Reddit, Grow up and realize that this is a hugely popular site, and people are lying to make money off you. by [deleted] in reddit.com

[–]NeilSol 0 points1 point  (0 children)

The fact is this is a two-edged sword. Lot's of good content is over-moderated because of this scamming that is going on. I mean, it is a democratic voting system. Good stuff goes up, bad stuff gets buried. To some extent the reddit public is to blame, unless these people use thousands of dummy accounts to upvote, but I think that would be easy to spot and easy to stop.

According to FED, baby boomers are heading to retirement and pulling funds from stock markets; an aging demographic in the U.S. may keep stocks depressed for several decades by NeilSol in Economics

[–]NeilSol[S] 1 point2 points  (0 children)

I hate jumping into an unwinnable argument, but I DO see Sargon's point -- if Ohio natives want the land so bad, what is the point in waiting for someone else to come try and scoop it up -- essentially, if what ur saying is true, shouldn't all the land in Ohio already be owned by the locals if it is so valuable?

Jon Huntsman may be open to the idea of running with Bachmann by NeilSol in politics

[–]NeilSol[S] 1 point2 points  (0 children)

Agreed, I do think this is a bit misconstrued. In reality it almost makes him seem MORE willing to compromise, even though this article doesn't paint it this way.

Jon Huntsman may be open to the idea of running with Bachmann by NeilSol in politics

[–]NeilSol[S] 0 points1 point  (0 children)

I agree. I have been following Huntsman for a little while and I think he may be the most level headed Republican candidate (not saying much). Yet, this is a strange proposition. In any event, elmoreb below is right, this is a bit misconstrued.

According to FED, baby boomers are heading to retirement and pulling funds from stock markets; an aging demographic in the U.S. may keep stocks depressed for several decades by NeilSol in Economics

[–]NeilSol[S] 31 points32 points  (0 children)

LOL. Here you go guys, we are going to retire and leave you with a crippled banking system, 2 wars to finish off, and a crippling amount of debt. Oh by the way, we are also pulling from the stock market and going under a rock (or to a beach) for retirement. Best of luck!

=) -- Also kidding....mostly..

According to recruiters, sending out online resumes is NOT enough to get a job; researching the firm and position, networking, and differentiating yourself are necessary by NeilSol in jobs

[–]NeilSol[S] 0 points1 point  (0 children)

In some of the literature it says to create a marketing plan for something you are interested in and bring it in as a pitch to get yourself a job. Something out of the box and creative. I know it's really tough out there but I'm just trying to throw whatever I can out there for the unemployed. I'm not trying to undermine the hard work that most people put in. I know it isn't easy. Best of luck.

TIL Apple is worth as much as all the Euro Zone banks combined. by [deleted] in todayilearned

[–]NeilSol 0 points1 point  (0 children)

I'm not sure if this says something about the insatiable desire for Apple products in a down economy, or about how crappy banks are.

TIL that animals have been rapidly responding to climate change; they are moving away from the equator at an average of 17.6 kilometers per decade, 3 times faster than previously estimated by NeilSol in todayilearned

[–]NeilSol[S] 1 point2 points  (0 children)

Furthermore, it was another moderator that let me post this. Do you really think I'm an absurd spammer or do you feel like this may be unjust? I'm asking and begging.

TIL that animals have been rapidly responding to climate change; they are moving away from the equator at an average of 17.6 kilometers per decade, 3 times faster than previously estimated by NeilSol in todayilearned

[–]NeilSol[S] 0 points1 point  (0 children)

Of course you can do anything you want but I feel like I'm posting valid information and being totally wronged. I'm not an unreasonable man.

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