This is my last post for real this time, since you decided to throw personal attacks into the conversation.
Dukasaur wrote:Dude, "serious" and "informal" are not opposites. That's like saying "orange" is the opposite of "salty." A conversation can be quite informal and quite serious at the same time.
serious - "acting or speaking sincerely and in earnest, rather than in a joking or halfhearted manner."
informal - "having a relaxed, friendly, or unofficial style, manner, or nature."
Being serious and being informal have two separate meanings. Being serious means you are not being informal. Being serious is not having a conversation like you are in an old-town pub. Informal is a conversation that is had in an old-town pub.
Honestly, I don't care which tone of an argument you wish to take. But be one or the other, you shouldn't get to claim both.
Dukasaur wrote:Wasting money on pointless crap happens at all income levels.
You are correct that people of all levels of income can waste money. My argument is that poor people who waste money stay poor, and a majority of poor people today waste money. An example of what I am talking about is someone with a household income of $50k a year decides to buy a brand new car that costs $45k. This household could buy a used car and save money instead of having to have a brand new car.
Dukasaur wrote:Maybe you would, but the statistics say you're not the norm.
Your article only talks about elite professional service (EPS) firms (banking, law firms, etc.). What about all firms, companies, or corporations? Any tech companies? Engineering firms? Construction companies? List could go on. The article listed is a narrowed area of the job market.
Companies and corporations that have more than 15 employees are required by US Law to be an equal opportunity employer (EOE). This was established in Title VII of the Civil Rights Act of 1964. An EOE and does not discriminate against any employee or applicant for employment based on race, color, religion, national origin, age, gender, sex, ancestry, citizenship status, mental or physical disability, genetic information, sexual orientation, veteran status, or military status. Simply summarized, an EOE employer cannot discriminate based off background.
To your main point, though. Does discrimination happen? Yes. However, there are extreme penalties in place for companies that decide to discriminate.
Dukasaur wrote:Yes, it's one of dozens of external factors that determine your future, none of which are under your control.
The Horatio Alger myth is persistent, but it is a myth. Yes, occasionally someone beats the odds and rises out of the dirt to become wealthy. We all know one, but they're notable because they're the exception, not the rule. For the one-in-a-thousand who makes it, there are 999 who bust their balls every day trying to make it but never do.
Your background can help shape your viewpoints on the world, yes. But they do not determine your future. You are responsible for your future by the actions you take. The concept of which I would best like to describe what I am referring to is generational wealth. See this
NASDAQ article for more information.
I'll get really personal here. My grandparents household never made over $25k a year. They never were in any debt, and were able to retire and live pretty comfortable lives based off the financial decisions they made and how they chose to invest in their retirement.
Ultimately, it comes down to choice. How do you want to live your life.
Dukasaur wrote:That would be pretty shallow, and actually completely wrong. I liked Reagan very much. Thatcher and Nakasone, too.
They thought they were doing the right thing, and so did I.
Remove the regulatory impediments that prevent the wheels of industry from turning, and the taxation burdens that slow them down. The great men will make a lot more money, and so will their employees. Was a sound theory, basic Adam Smith. Except it didn't happen. The great men made a lot more money, but they insisted on keeping all the cookies in the jar and didn't do a bloody thing for the front-line worker. With 40 years of hindsight, we now know why. First, people tend to
claim their success as being entirely of their own making and forget who all had a part in it. And second,
the wealthier they get, the less they care about others.
Dukasaur wrote:You want to talk about lack of respect? I keep posting figures, links to articles, graphs. You show no evidence of having read any of the articles or looking at any of the numbers. You only post your absolute certainty (based on your own opinion) that you're right. "If you manage your money well, you will stand the test of time."
I read your sources, Duk. They don't always coincide with what you are trying to say. Is it not common sense to think that if you manage your money well that you will be successful in life? Do I really need to present an article to back this logic up?
The whole point about a lack of respect revolves around you citing statements like "Shift to right driven by ignorance" and claiming it's an informal, playful jab, but then citing multiple articles and trying to make formal arguments based on an informal gesture. This makes me not want to have a discussion with you at all!
Dukasaur wrote:The companies that lay off full-time employees, reclassify their jobs as part time, hire people to do the same work for half the money, all while paying multi-million dollar bonuses to their execs, will be happy to know that you're in their corner and will be forever.
Over-generalization and incorrect. I'm quite disappointment in you that you would say something like this and personally attack me.
KoolBak wrote:Someone expects actual respect in a public forum?

Now there's some ignorance.....lmao.
Sheesh, naive of someone to think that a few people on here would actually want to respect each other. I do suppose I know the answer now: no.
KoolBak wrote:And BTW JS, that comment that everyone was poor in the depression and everyone was rich in the 50s was so fucking stupid, it gave me cancer. Thanks.
Quite dumb, isn't it? That was kind of my whole point.
Dukasaur wrote:The whole informal/formal thing is not about the argument at all. It was a side-issue, of JD attacking me for making generalizations and of me saying that yes, normal people do use generalizations, and unless we're in court it's perfectly okay to make generalizations without listing all the exceptions and addenda and provisos. It is a side issue.
When did I personally attack you? I made a suggestion, I didn't call you any names or attack your character.
Dukasaur wrote:On the main issue, the central facts stand, and nobody has tried to challenge them.
Challenge Accepted.
Dukasaur wrote:Except for a couple minor blips, the last 40 years has been pretty much a sustained boom. Nobody has challenged this.
I agree. The US Economy has been growing very steadily since 1929.
GDP doesn't tell the full story, but it is a good metric to use when talking about the economy.
Dukasaur wrote:The size of the economy (the real size, adjusted for inflation) has massively increased worldwide during this time. In North America specifically, the total amount of goods and services has quadrupled during this time. Nobody has challenged this.
I agree. The US Economy has seen a continual growth in
personal consumption expenditures (PCE) since 1960.
Dukasaur wrote:All the benefits of this spectacular growth have gone to people who were at the top of the heap already. The front-line worker has seen no improvements in his standard of living. By most meaningful standards, he has lost ground. He works longer hours, has less leisure time, is less likely to own his own home, and less likely to be able to send his kids to university, than did the previous generation. Nobody has challenged this.
This statement is a bit confusing initially. What e4xactly do you mean by front-line worker? If you mean something more along the lines of a median household income, then this can be subjective. You can make arguments for and against the point that ground for the employee has been lost.
However, I do know that the Fair Labor Standards Act (FLSA) has had three recent,
big changes to help employees with benefits and pay regarding overtime. Can we agree that this is a step in the right direction?
Dukasaur wrote:In 1950, the typical corporate CEO made 20 times what a frontline worker in his industry made. Most people, I think, don't have a problem with the CEO making 20 times more than a basic worker. By 1980, CEO salaries had increased to typically 40 times what their workers made. Lifts some eyebrows, but not revolution-worthy. Today, however, average CEO salaries have mushroomed to 361 times what workers make.
sourceMost people have no problem with the boss making 20 times what they do. I think most didn't even have a problem with it when he starts making 40 times what they do. But as he starts reaching towards 400 times their salary, I think people are waking up and realize that something stinks. But what's more significant, is that between 1950 and 1980, while CEO salaries were going up, workers' wages and benefits were going up too. Almost everybody felt like they had a slice of the pie. But since 1980, while executive salaries have continue to boom, workers' wages have been flat, and their benefits have actually been declining.
Nobody has tried to challenge this.
I disagree. The problem with this article is that its conclusions are based only off of Fortune 500 CEO's. What about all types of companies that aren't in the Fortune 500? There are loads of corporations that aren't in the Fortune 500 that have CEOs that do not have outrageous earnings. Would it not be more fair to include all corporations/companies (that we can get data for) instead of just the top 500 companies?
Dukasaur wrote:Workers used to vote for parties that tried to improve things for the working man. That's no longer the case. Nobody has challenged this.
The only thing debatable is "WHY?" I posted a theory, that the right has perfected its propaganda, and uneducated people are vulnerable to propaganda.
I disagree. Back in the 50s and 60s, there was a lot of bi-partisan work being done toward improving the lives of Americans. Today, there is almost no bi-partisan work done, period. We can see that both political parties do not fully have the interest of the average American. So I agree that people aren't voting for a party that is for them. Unfortunately, of the two major parties, neither party is for them.
By propaganda, I assume you mean this statement (your initial post), which had no links to claimed propaganda (maybe I missed it in a later post somewhere):
Dukasaur wrote:In the 1950s, educated people voted for right-wing parties and the ignorant voted for left-wing parties.
The trend has gradually flipped -- in France starting with the '69 election, in the U.S. starting with the '72 election, and in Britain starting with the '74 election.
http://piketty.pse.ens.fr/files/Piketty2018.pdf#page=73Right-wing populists, with their thuggish appeals to xenophobia and "traditional values" have to a large degree succeeded in persuading the workers to be willing co-conspirators in their own exploitation. Only education, and a lot of it, offers some shield against the brainwashing of the right.
But to argue your point that educated = left. You know why this is? Because in a majority of colleges, an extremely majority of views expressed are left-leaning views. When people grow older and experience life more, some tend to not be as left-leaning as compared to while they were in college, because they will start to think for themselves instead of being told how to think. Another fact to consider is what kind of degree is obtained. In a STEM degree, you are not told what to think, but how to think. In a STEM degree, you are taught how to use critical thinking. In a more Liberal Arts style of degree, a critical thought process is not as commonly taught. I am speaking from personal experience, attending two colleges and obtaining my masters degree.
Alright, I'm done. Last post in this topic. Let's keep the conversation civil, no?
Thanks,
Jd