958 karma · joined January 14, 2017
The second reason is that public projects have a real problem trying to control labor costs during projects. The most artistic and aesthetically pleasing works of craftsman ship taking time and money public projects can't support right now.
So pure, unregulated capitalism, lead to wealth inequality far, far more extreme than our current situation.
58 Peter R. Shergold (1982). Working-Class Life: The "American Standard" in Comparative Perspective, 1899–1913. University of Pittsburgh Press. pp. 5–7, 222, 224. ISBN 978-0822976981.
59 Steve Fraser (2015). The Age of Acquiescence: The Life and Death of American Resistance to Organized Wealth and Power. Little, Brown and Company. p. 66. ISBN 0316185434.
The federal reserve driving limited inflation has occurred for around 100 years, and the time in America with the least income inequality fell squarely in the middle during the 1950s and 1960s.
The Federal Reserve and it's monterary policies aren't the issue.
Move fast and break things works fine when the at risk subject is someone's vacation photos from 2015 rather than a kid in a crosswalk.
When I first looked over this post, there were 3-4 comments, all seemingly pro-russia. I see some points being made that are remarkably similar to official Russian positions on issues. Its really similar to when I see a post about China. A whole bunch of users surface abruptly with lots of comments favorable to China. Both of these countries have large, well documented operations to comment extensively on Western media sources. And I'm sure that many HN users like Russia and like China. But it's hard to shake the feeling that there is some astroturfing going on.
Clearly, these are meaningful events in the context of American-Russia relations as well as NATO-Russia relations, you can't just handwave them away by saying it's one parties political problem.
[1]https://en.wikipedia.org/wiki/Malaysia_Airlines_Flight_17 [2]https://en.wikipedia.org/wiki/Budapest_Memorandum_on_Securit... [3]https://www.cnn.com/2017/01/10/politics/comey-republicans-ha... [4]https://www.npr.org/sections/parallels/2018/03/15/594062887/... [5]https://www.cnn.com/2018/03/14/europe/theresa-may-reprisals-...
"I'll tell you the whole history of it," Giuliani said, as transcribed by The Washington Post. "So when (Trump) first announced it, he said, 'Muslim ban.' He called me up. He said, 'Put a commission together. Show me the right way to do it legally.'"
[1]http://www.cnn.com/2017/02/06/politics/trump-muslim-ban-trav...
It irks me however when huge tax credits are handed out to already profitable companies to move in. It's just giving free services at the expense of everyone else.
In any case, the two year period between 2009 and 2010 was spent almost entirely on the economy. Which given how strong the Obama-era recovery was, seems to be have been time well spent.
[1] https://www.nytimes.com/interactive/2017/07/10/us/republican...
Preschool the US is pretty expensive, about $500 a month. It would seem if you could pay for preschool with $22 a month, then the purchasing power is quite substantial.
I believe that this is not a replacement for existing income streams but a supplement that puts these recipients above subsistence.
This is very much a handout however.
Obama could have rejected the nomination but anyone that the Republicans have a say in will be anti-net neutrality.
Trump's administration is built to enrich 3 groups. 1. Himself 2. His family 3. Other Very Wealthy People
Unfortunately infrastructure is a slow moving game and we have to settle for less on this continent.
We're really in trouble as a society if essentials like education, healthcare and housing continue to eat an increasingly large portion of consumer income.
This administration is the most nakedly oligarchic and monopolistic since Harding was president. To peddle this idea that Trump will be a savior to the small business owner and the working man is nothing short of a lie.
Right now most startups are tech heavy. If you have a school with exclusively engineering and technology majors, you're much more likely to have a higher startup rate then a full university.
When Rainfall * Area >= SoilAbsorption(See note) + WetlandAbsorption + ArtificialDrainage the end result is flooding.
Essentially the left hand side of the inequality has been slightly increasing because of climate change, but we're chipping away constantly at the right side of the equation in three ways.
(1) More and more soils in American metro areas have been covered by impervious surfaces for development. (2) More wetlands are being destroyed for development. (3) Artificial drainage is being under-built. Drainage is generally built for 1 in 100 year events but the rate of urbanization is increasing the magnitude of flooding. (Drainage is only a problem for the developer that hasn't sold what they're building.)
Note: Soil has a finite capacity for water infiltration.