Nevada restaurant owners on Obamacare: ‘We can't pay for this'
150 replies, posted
[QUOTE=Glaber;38619203]It got answered.[/QUOTE]
oh okay thanks for letting us know and not just using the late rating
[QUOTE=thisispain;38619232]
[B]
europe is definitely better for the working class.[/B][/QUOTE]
for sure
I always find it hilarious when americans bash europe and say they're on the verge of collapse.
[QUOTE=thisispain;38619232]uh
listen
you might want to hold off on saying random shit like that if you haven't lived in europe
i've lived in both places
europe is definitely better for the working class.[/QUOTE]
Are you ever going to learn to type coherently and properly, I get a headache trying to read your posts.
I've read about Europe, I watch news about Europe and I know many people personally who have lived in Europe. The information compiled from those three vast sources is more than enough to know Europe isn't a great place to be right now. Maybe 70-100 years ago before the neo-liberal movement shat on everything.
[QUOTE=bohb;38619308]Are you ever going to learn to type coherently and properly, I get a headache trying to read your posts.
I've read about Europe, I watch news about Europe and I know many people personally who have lived in Europe. The information compiled from those three vast sources is more than enough to know Europe isn't a great place to be right now. Maybe 70-100 years ago before the neo-liberal movement shat on everything.[/QUOTE]
I've never been there but I have some anecdotal evidence from a handful of people and also some cherry picked articles so I know I'm right!
[QUOTE=trotskygrad;38619288]for sure
I always find it hilarious when americans bash europe and say they're on the verge of collapse.[/QUOTE]
Haha, you're joking right? You have Spain, Greece and Iceland which have already collapsed. In the case of Greece, several times already. Stop pretending like the EU is any better off.
[QUOTE=bohb;38619338]Haha, you're joking right? You have Spain, Greece and Iceland which have already collapsed. In the case of Greece, several times already. Stop pretending like the EU is any better off.[/QUOTE]
Three nations are not representative of every nation in the EU.
[QUOTE=bohb;38619147]You weep because you know I'm right.
Because Europe is a much better place with socialized healthcare, unionized labor and crippling taxes right?
Wait, then why are a half dozen members of the EU about to default? riots? And Europeans constantly bitching about high taxes and not being able to afford anything.[/QUOTE]
Well, you could link it all back to the financial crisis in 2008, which was caused by -who'd have thunk it?- banks in America with far too little oversight or government regulation making stupid, expensive decisions at about every level of their business, which led to a massive shortage of credit in the banking system which led to, well, you know...
[QUOTE=bohb;38619338]Words.[/QUOTE]
Aren't you the guy that said that he listened to Rush Limbaugh and Mark Levin religiously? Yeah that was you.
I knew it was a glaber thread the instant I read the headline and saw it was stupid anti-obama shit
[QUOTE=Tigster;38619325]I've never been there but I have some anecdotal evidence from a handful of people and also some cherry picked articles so I know I'm right![/QUOTE]
Because Facepunch is only a handful of people :downs: And because reading at least a dozen liberal news sources that report on the EU is cherry picked too.
You guys are like 15 bazilions in debt and the EU holds the countries with the highest standard of living in the world
take a walk brah
[QUOTE=bohb;38619308]Are you ever going to learn to type coherently and properly, I get a headache trying to read your posts.[/QUOTE]
yeah that might have more to do with your 4th grade reading level
[QUOTE=bohb;38619147]
Wait, then why are a half dozen members of the EU about to default? riots? And Europeans constantly bitching about high taxes and not being able to afford anything.
[/QUOTE]
Stop trying to push this narrative. The nations under stress right now are in that position because they did the exact opposite of what the US did when shit hit the fan. Instead of stimulus and reorganizing their industries they tried severe austerity. Meanwhile the least hit European nations are doing well and don't do it on a philosophy of fuck you got mine
[QUOTE=bohb;38619308]Maybe 70-100 years ago before the neo-liberal movement shat on everything.[/QUOTE]
yes
i mean
obviously things were better in europe between WW1 and WW2
how silly of me
[QUOTE=bohb;38619424]Because Facepunch is only a handful of people :downs: And because reading at least a dozen liberal news sources that report on the EU is cherry picked too.[/QUOTE]
[URL="http://en.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_HDI"]Look how terrible everything in Europe is![/URL]
Except, oh wait, with the exception of three countries (Israel, Canada and Australia) every country higher on the list than the US (which is 23rd) is European. Even Greece, which is undergoing massive economic turmoil and has had it's economy shrink by 25% in the last few years, is three places below the US.
But you might say, but the US is almost at the top of the list of countries ranked by unadjusted HDI (Human Development Index)! Which is kinda the point - the US is great if you're wealthy, not so much if you aren't.
[QUOTE=Camundongo;38619366]Well, you could link it all back to the financial crisis in 2008, which was caused by -who'd have thunk it?- banks in America with far too little oversight or government regulation making stupid, expensive decisions at about every level of their business, which led to a massive shortage of credit in the banking system which led to, well, you know...[/QUOTE]
Bank deregulation was only a small cog in an enormous machine that resulted in the subprime mortgage crisis.
[QUOTE=Zanfall;38619391]Aren't you the guy that said that he listened to Rush Limbaugh and Mark Levin religiously? Yeah that was you.[/QUOTE]
Waah, this guy listens to two people on the radio.
[QUOTE=trotskygrad;38617087]so some people will be forced out of the business... too bad
[IMG]http://upload.wikimedia.org/wikipedia/commons/thumb/4/43/Economics_Perfect_competition.svg/560px-Economics_Perfect_competition.svg.png[/IMG]
:words:
it's how markets work[/QUOTE]
How the fuck is this graph relevant? No major offense intended but posting a graph doesn't suddenly make you an economist.
By the way the restaurant industry is mostly monopolistic competition, not perfect.
Want to see a more relevant graph?
[img]http://img.sparknotes.com/figures/2/2bb9d1e42c5f7ce39cb5604e52741039/Deadweight_Loss_from_Taxes.jpg[/img]
it's how markets work
[editline]27th November 2012[/editline]
:words:
[QUOTE=bohb;38619549]
Waah, this guy listens to two people on the radio.[/QUOTE]
You listen to two morons on the radio. Big difference.
[QUOTE=Camundongo;38619366]Well, you could link it all back to the financial crisis in 2008, which was caused by -who'd have thunk it?- banks in America with far too little oversight or government regulation making stupid, expensive decisions at about every level of their business, which led to a massive shortage of credit in the banking system which led to, well, you know...
[/QUOTE]
Deliberately ignoring the fact that the government encouraged those investments and actually engaged in them themselves. Does Fannie Mae or Freddie Mac ring a bell for you?
Or how about the fact that Alan Greenspan lowered the federal funds rate in response to the dot com bubble delaying most of the turbulence from that disaster to the future as easy credit incentivized the creation of the housing bubble.
[QUOTE=Camundongo;38619532][URL="http://en.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_HDI"]Look how terrible everything in Europe is![/URL]
Except, oh wait, with the exception of three countries (Israel, Canada and Australia) every country higher on the list than the US (which is 23rd) is European. Even Greece, which is undergoing massive economic turmoil and has had it's economy shrink by 25% in the last few years, is three places below the US.
But you might say, but the US is almost at the top of the list of countries ranked by unadjusted HDI (Human Development Index)! Which is kinda the point - the US is great if you're wealthy, not so much if you aren't.[/QUOTE]
Good job at comparing averages in a disproportionate number of people. Greece has around 10 million people, the US has over 300 million. And you don't need to be wealthy here to be happy.
"The causes of the recession are so clear cut, it was the banks!"
Keep it simple computer chair intellectuals.
[editline]27th November 2012[/editline]
Do you think banks are going to engage in subprime mortgage lending again any time soon?
Governments always regulate [b]after[/b] the fact, almost never before.
[QUOTE=Camundongo;38619532][URL="http://en.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_HDI"]Look how terrible everything in Europe is![/URL]
Except, oh wait, with the exception of three countries (Israel, Canada and Australia) every country higher on the list than the US (which is 23rd) is European. Even Greece, which is undergoing massive economic turmoil and has had it's economy shrink by 25% in the last few years, is three places below the US.
But you might say, but the US is almost at the top of the list of countries ranked by unadjusted HDI (Human Development Index)! Which is kinda the point - the US is great if you're wealthy, not so much if you aren't.[/QUOTE]
Anybody can edit wikipedia to have it say anything. if you want a reliable source, use anything other than wikipedia
Heck, why didn't you just use Wikipedia's sources?
[QUOTE=Strider*;38619577]How the fuck is this graph relevant? No major offense intended but posting a graph doesn't suddenly make you an economist.
[B]
By the way the restaurant industry is mostly monopolistic competition, not perfect.[/B]
[/QUOTE]
hmmmm... care to elaborate on that point of view?
I love how these threads always bring out Facepunch's resident "economists."
I just find it kinda funny how some people expect businesses to just start paying for health insurance for all their employees without cutting any hours or staff.
[QUOTE=bohb;38619338]Haha, you're joking right? You have Spain, Greece and Iceland which have already collapsed. In the case of Greece, several times already. Stop pretending like the EU is any better off.[/QUOTE]
I like how you're conveniently ignoring Northern Europe
also let's talk monopolistic competition
[img]http://www.colorado.edu/Economics/courses/econ2020/Unit8/gifs/fig111.gif[/img]
ObamaCare essentially increases the cost of production, you can't really apply it like a tax
[QUOTE=Glaber;38619754]Anybody can edit wikipedia to have it say anything.[/QUOTE]
And then it gets reverted to a non vandalized version immediately. You underestimate Wikipedia moderators.
[QUOTE=Glaber;38619754]Anybody can edit wikipedia to have it say anything. if you want a reliable source, use anything other than wikipedia
Heck, why didn't you just use Wikipedia's sources?[/QUOTE]
Because they say the exact same thing.
[url]http://hdr.undp.org/en/statistics/ihdi/[/url]
[QUOTE=trotskygrad;38619756]hmmmm... care to elaborate on that point of view?[/QUOTE]
[img]http://healthyvoyager.files.wordpress.com/2009/06/20060825_restaurant_logos_18.jpg[/img]
Pretty simple to understand.
Even if the market [i]were[/i] perfectly competitive, your graph would still be irrelevant unless you can tell me what point you were trying to make that I missed.
Taxes always impose a deadweight loss, that's a hell of a lot more relevant than a graph showing that businesses are price takers in a perfectly competitive industry.
[QUOTE=Strider*;38619853][IMG]http://healthyvoyager.files.wordpress.com/2009/06/20060825_restaurant_logos_18.jpg[/IMG]
Pretty simple to understand.
Even if the market [I]were[/I] perfectly competitive your graph would still be irrelevant unless you can tell me what point you were trying to make that I missed.
Taxes always impose a deadweight loss, that's a hell of a lot more relevant than a graph showing that businesses are price takers in a perfectly competitive industry.[/QUOTE]
[quote=Trotskygrad]
ObamaCare essentially increases the cost of production/costs of labor, you can't really apply it like a tax[/quote]
[QUOTE=Olas;38619762]I love how these threads always bring out Facepunch's resident "economists."[/QUOTE]
it's fun
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