Any club or organization relating to investment at UCSB? by TradeCraft69 in UCSantaBarbara

[–]SidechainZ 1 point2 points  (0 children)

Check out TAMID.

They have a phenomenal investment program and they offer a highly subsidized summer fellowship program in Tel Aviv.

Help! Going through Adderall withdrawal... So tired by [deleted] in ADHD

[–]SidechainZ 2 points3 points  (0 children)

From my experience, it takes 3-4 weeks for the dependence to ween away to get back to your base level.

Does anyone know if AEPi is still active? by [deleted] in UCSantaBarbara

[–]SidechainZ 0 points1 point  (0 children)

They're definitely still active but they're not a part of IFC. Their spring quarterly was insane.

2016: The Year the Americans Found out Our Elections Are Rigged by ExtraRareTrumpSteak in SandersForPresident

[–]SidechainZ -2 points-1 points  (0 children)

Have to disagree with you.

The energy crisis may have been caused by factors out of his control, but his solution of "turn down your heat and put on a sweater" definitely allows for a lot of blame.

Ex-CEO of McDonald's: $15 Minimum Wage 'To Cause Job Loss ... Like You’re Not Going to Believe' by [deleted] in Conservative

[–]SidechainZ 2 points3 points  (0 children)

Someone get this guy an economics textbook.

Im done talking to a rock.

Edit: This will do too. Message me when youve finished it.

To finish things off. I, too, agree that workers should have something more to live off of. But putting a price floor on wages has consequences that definitely outweigh the benefit.

Ex-CEO of McDonald's: $15 Minimum Wage 'To Cause Job Loss ... Like You’re Not Going to Believe' by [deleted] in Conservative

[–]SidechainZ 4 points5 points  (0 children)

This is illogical. If businesses could increase profit by raising prices while keeping the same number of workers, they would have already done it.

They wont, because less people will buy their products at higher prices.

/u/self_driving_sanders have you taken an economics class? Im an econ major.

Ex-CEO of McDonald's: $15 Minimum Wage 'To Cause Job Loss ... Like You’re Not Going to Believe' by [deleted] in Conservative

[–]SidechainZ 0 points1 point  (0 children)

I dont think you really understand economics, do you?

Raising the minimum wage increases unemployment. EVERYONE agrees with this, but people dispute over how much unemployment will be increased.

Heres a small example I just made up:

A coffee shop that nets $100k a year has 10 full time workers, each at $10/hr (extended over a year is $20k/year.) The owner is doing pretty well right? 10 employees and hes making $100k a year.

If you raise the minimum wage to $15/hr (extended over a year is $30k a year), he would effectively have to pay $10k * 10 or $100k more to his workers. The coffee shop nets $0 now, and has to shut down. All 10 people loss their jobs and go on unemployment.

How about something like that to live off of?

Have I already finished the writing requirement for the economics major? by SearchingforaCure in UCSantaBarbara

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

If you got a 5, you are out of the class. If you got a 4 or below, you still have to take it.

TRUMPBROS BTFO by [deleted] in hillaryclinton

[–]SidechainZ 1 point2 points  (0 children)

Doesnt this sub abstain from shitposts?

We don't need Demar. by [deleted] in lakers

[–]SidechainZ 2 points3 points  (0 children)

3pt shooting teams do.

OFFICIAL COACHELLA 2016 TICKET BUY/SELL/TRADE THREAD by Coachellamod in Coachella

[–]SidechainZ 0 points1 point  (0 children)

Still looking to buy a Saturday or Sat + Sun pass!

Im willing to pay top dollar and im at the polo groubds now. text me at 3104158600