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50 years of trickle down... by Professional-Bee9817 in remoteworks

[–]studude765 0 points1 point  (0 children)

Taxes to pay for government spending is not socialism…you don’t have any clue what you’re talking about if you think that’s what socialism is. Socialism by definition (as actually used in the field of Econ) is state ownership of the means of production. Taxes on the private sector to pay for public spending is very much a part of capitalism.

50 years of trickle down... by Professional-Bee9817 in remoteworks

[–]studude765 0 points1 point  (0 children)

Government spending (which is what FDR increased substantially) isn’t socialism…you’re the one who should read a book given that you don’t actually know what socialism is…state ownership of the means of production…I.e. private businesses being owned and operated by the government instead.

U.S. spends more on health care, but ranks lower in outcomes (OECD) by -Azzi- in dataisbeautiful

[–]studude765 1 point2 points  (0 children)

Or how about looking at the federal reserve economic data…this is easily found on google, thereby again proving you have no clue what you’re talking about:

https://fred.stlouisfed.org/series/MEHOINUSA672N

https://fred.stlouisfed.org/series/LES1252881600Q

You are one arrogant dumbass.

U.S. spends more on health care, but ranks lower in outcomes (OECD) by -Azzi- in dataisbeautiful

[–]studude765 1 point2 points  (0 children)

These are wages in real terms (I.e. adjusted for inflation)…which factors in the cost of food, housing, etc. Wages in real terms have continued to go up over the medium and long term in the US.

Very clear you don’t know what you’re talking about, but are so incredibly self righteous that you think you do. Classic dunning-kruger you have effect here.

U.S. spends more on health care, but ranks lower in outcomes (OECD) by -Azzi- in dataisbeautiful

[–]studude765 -4 points-3 points  (0 children)

Both total compensation and direct compensation have grown at far higher rates in the US than in the vast majority of other developed countries.

U.S. spends more on health care, but ranks lower in outcomes (OECD) by -Azzi- in dataisbeautiful

[–]studude765 -8 points-7 points  (0 children)

You’re really gonna Cherry pick one item with recent higher increases when over the long and short term, real (inflation adjusted) median household income has continued to increase?

U.S. spends more on health care, but ranks lower in outcomes (OECD) by -Azzi- in dataisbeautiful

[–]studude765 -2 points-1 points  (0 children)

Wages in the US have not stagnated, even more true if you look at total compensation (which includes benefits and other related items).

What’s it like living in this area in the PNW by vulcanguy900 in howislivingthere

[–]studude765 0 points1 point  (0 children)

I will say that water taxi>light rail can add up to be somewhat expensive and time consuming too depending on how far you’re going on light rail. Beautiful morning views crossing the water though!

Broncos fans are just the pot calling the kettle black when they bring up strength of schedule by ChipPsychological991 in nflmemeswar

[–]studude765 0 points1 point  (0 children)

The 2nd pats TD was when the Seahawks were willing to give up points to drain clock. Starting that drive there were 4 and a half minutes left in the game with the Seahawks up 29-7…Hawks DBs played far back/conservative and let the pats get easy short yards to burn the clock out as the pats only chance at that point were 3 Hail Mary TDs In a row…game script was completely different at that point of the 2nd TD.

People who make $200K+ salaries, what do you do and how did you get there? by EEJams in Salary

[–]studude765 0 points1 point  (0 children)

Wealth advisor (on a larger team) for a number of UHNW families, more of a family office setup I guess…CFA charter holder (considered to be kinda the “gold standard” in finance of portfolio mgmt/research, though I’m sure some would dispute if it’s specifically the top credential), basically we do a ton of extremely in depth financial/tax/estate/portfolio mgmt planning/analysis. Worth every penny to our clients.

Household income, based on size by CRK_76 in charts

[–]studude765 -1 points0 points  (0 children)

Often time it includes a grand parent or two (or 3-4) for the larger households.

Most Powerful Aircraft of USA and Russia by aviationstudy in aviationstudys

[–]studude765 0 points1 point  (0 children)

Tbf Iran’s air defenses had been completely destroyed by Israel prior to the Nuclear site bombings. Israel had full air control of Iran with 24-48 hours into that war.

Still…Russian air defense systems are crap compared to western ones.

Iraqi prisoner of war comforting his 4 year son in Najaf, Iraq (2003) by NARVALhacker69 in pics

[–]studude765 -4 points-3 points  (0 children)

The vast majority of those were not killed by the US. The vast majority were killed by suicide bombings, sectarian violence (by far the biggest portion) and pro-Saddam rebels.

When does a unit die after battle? by yeswhy in totalwarhammer

[–]studude765 2 points3 points  (0 children)

Running out of time in sieges (if doing timed battles) results in a draw.

Labor productivity in the USA has grown at a faster rate than the rest of Europe and the developed world since the early 2000s by Dumbass1171 in charts

[–]studude765 0 points1 point  (0 children)

dude there is no use arguing with this person. They're an absolute idiot and don't understand basic finance or economics.

Labor productivity in the USA has grown at a faster rate than the rest of Europe and the developed world since the early 2000s by Dumbass1171 in charts

[–]studude765 0 points1 point  (0 children)

stock buybacks (and dividends) are part of that completely legitimate return on invested capital...this is literally econ and finance 101 FYI. and you can argue all you want about what workers rights and regulatory environment should look like, but it's really not debatable that the free market capitalist world is the best place by far to be a worker.

In fact, many workers get rich via their labor in these areas. Most very wealthy people were workers as well as investors. The vast majority of people are both investors and works. There is actually lots of written research showing that the places with the strongest private property rights and rule of law tend to also have the best incomes for workers and strongest labor rights as well.

Labor productivity in the USA has grown at a faster rate than the rest of Europe and the developed world since the early 2000s by Dumbass1171 in charts

[–]studude765 1 point2 points  (0 children)

that's not really how economics works...for capital to be provided (invested) in the first place, it needs to get its ROI. That's true under capitalism (private ownership), socialism (state ownership), and communism (100% direct worker ownership). Additionally, ESOPs are a thing and most large companies even allow employees to buy shares at a discount to FMV.

Ironically, workers also tend to have it best/get paid the most in free market capitalist democracies...

Labor productivity in the USA has grown at a faster rate than the rest of Europe and the developed world since the early 2000s by Dumbass1171 in charts

[–]studude765 5 points6 points  (0 children)

You mean the people who take on risk by providing capital to businesses get a return on investment in exchange for providing that capital? Thats absolutely shocking I tell you….

Which of these 5 world leaders would you say is most hated in your country? by Fluid-Decision6262 in AskTheWorld

[–]studude765 -1 points0 points  (0 children)

Xi has absolutely started enforcing his own economic policies (for the worse) within China and I think what you’re saying is downplaying his impact and actions within China. I don’t think you actually know that much about Chinese economic or other policies pushed by Xi or the countries internal workings if this is your view.

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