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Qualcomm reportedly frightened of Apple innovation
Maybe Apple is trying to become more vertically integrated like Samsung. Or maybe Apple just wants to use the possibility of vertical integration as a negotiation chip with QCOM.— December 21, 2013 9:28 p.m.
Study on fast-food workers reveals reliance on tax dollars
I suspect the employment market could withstand some increase in the minimum wage without major disruption - which would help the lower class workers a lot without too much impact to the overall economy. But ultimately I think that's just a band-aid. I think we need to have more manufacturing here in the U.S. We need to revist GATT and trade policy. Our existing policies are not working.— December 7, 2013 7:59 p.m.
Fed shovels money to Wall Street, not Main Street
Absolutely. I think there's getting to be a gap in jobs skills-wise. You have jobs which are more or less unskilled and jobs that need advanced degrees - with fewer jobs in between available. Middle class jobs are less common now.— December 7, 2013 7:52 p.m.
Study on fast-food workers reveals reliance on tax dollars
The elephant in this room is illegal immigration. Before rampant illegal immigration was allowed fast-food jobs were mostly part-time jobs done by teenagers. Now fast-food is a full-time career job for many. I think it's a difficult situation because I don't know if it's completely fair to force illegal immigrants to leave after they've been unofficially allowed to stay for so long (and particularly difficult to decide what to do about their kids who may be legal U.S. citizens). But on the other hand not enforcing the laws isn't really fair either. It's a difficult question I think - and highly political and highly influenced by the many business groups relying on illegal immigrant labor.— December 7, 2013 7:40 a.m.
Fed shovels money to Wall Street, not Main Street
Eli Manning comes to mind as a QB who is considered to be a future Hall-of-Famer because of 2 SB's despite a fairly mediocre career QB rating. Of course, as a Charger fan I may be biassed.— December 7, 2013 6:47 a.m.
Fed shovels money to Wall Street, not Main Street
Ah yes. A prosperous upper class is correlated to a strong economy. A strong economy is good for the lower classes. Therefore, we should make sure the upper class prospers in order to help the lower classes. God is love. Love is blind. Stevie Wonder is blind. Therefore, Stevie Wonder is God. Syllogisms are great - the logic sounds good for a half-second until you realize how a correlation or connection is sold as being causation.— December 6, 2013 1:07 p.m.
Fed shovels money to Wall Street, not Main Street
Correlation does not equal cause. But I think positive correlation of certain numbers to strong economies has been used to rationalize many policies which end up shifting money to one well-connected group or another. A is correlated to strong economic results which is good for B. Therefore we should give money (usually in the form of artificially low interest rates) to help B. Here's some examples of what that flawed reasoning has led to: Strong housing sales and rising real estate values are correlated with a strong economy. Therefore the gov't should lower mortgage interest rates which will improve housing sales and increase real estate values. (Long term result: housing crash) Strong Stock Market indices are correlated with a strong economy. Therefore the gov't should reduce regulation preventing risky trading, then bail out any large Wall St firms which are failing as a result of risky trading. (Long term result: unemployment still high, Wall Street indices at record highs). Many more examples exist. But I think it's this type of flawed reasoning that has led to many bad policies. A is correlated with B, therefore let's do everything we can to improve A so we can help B. Usually doesn't work. If you want to help B, help B, not A.— December 5, 2013 9:06 a.m.
Layoffs possible at Qualcomm
So he follows the money. Even more blatantly than most politicians.— November 23, 2013 6:19 a.m.
Layoffs possible at Qualcomm
Does Fletcher move left every election or does he just randomly choose a party each election? Will we see him move to Green Party next? Then Socialist after that. Or maybe he'll decide to move right to Peace and Freedom? I hear even the Whig Party is making a comeback - maybe Fletcher could be their candidate.— November 22, 2013 8:58 p.m.
Layoffs possible at Qualcomm
So I assume this means since QCOM feels they have too many engineers they will let Congress know that they don't need any increases in H1-B Visa levels. Right?— November 22, 2013 8:14 p.m.