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Joined 1 year ago
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Cake day: June 12th, 2023

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  • In the US, the fed’s stated strategy is to keep wages down.

    It’s not their stated strategy but it’s probably safe to assume they subscribe to the baseless “wage price spiral.” The bottom line is that there is still a LOT of stimulus money circulating, keeping inflation high. Ideally this would be targeted with a tax on the wealthy, but in the absence of that, the Fed has to use their very blunt tools. I don’t see inflation improving until there’s a recession.






  • Foltz claims that she received a $92,000 annual salary while men with the same duties and qualifications received an annual salary of $115,000.

    Foltz also claims that SpaceX uses different job titles for the same position as a way to pay women and minorities less than their white or male counterparts, TechCrunch reported.

    This is an empty claim. She didn’t even have the same job titles as the people she was comparing herself against. There are a thousand reasons one person can be paid more than another. Often it’s just negotiating prowess. Often it’s the responsibility of the job title, and the risk and hours that entails. Often it’s tenure at the company, or social skills. Her claim amounts to, “pay me more because I have a vagina.” No.




  • Kicking the habit Efforts by authorities to curb smoking and its health hazards, not least by prohibiting puffing in restaurants and cafes and banning ads for cigarettes, have prompted sharp reductions in cigarette sales in recent years.

    While I support bans in restaurants and cafes, I don’t support prohibition, which is what a lot of Western nations are aiming at. We learned our lesson during the alcohol prohibition years in America, and for the last 70 years around the world with marijuana prohibition. The social effects are far worse when forcing recreational drugs underground. Educate support addiction programs, but don’t ban.