
The Frankish Reich
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Everything posted by The Frankish Reich
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Right. If Trump is worth $5 billion (he claims more, but we know about the wealth inflation), a $500 million fine is 10% of his net worth. This is like the ordinary schmuck worth $500,000 being fined $50,000 for falsifying his records.
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Education in America
The Frankish Reich replied to Big Blitz's topic in Politics, Polls, and Pundits
A tale of two sets of parents that I know. One is ultra educated. A lawyer and a legal professional. Kid who is very smart, but not so good at the STEM stuff. Goes to get a masters in library science ("science" ... hah). Gets a job making about $45,000 a year in a place she doesn't want to live. No ability to save money or really get ahead in life. Has some student loans to repay unless Biden forgives them. 26 years old now. One is the kid of a plumber who restores old cars on the side. High school dropout dad, mom with a diploma. Kid has been in and out of trouble. He's 19 now. Lives at home. Dad lays down the law after charges get dismissed on a diversion program: go get a commercial driver's license. Get a UPS job. Work your way up as a UPS driver. Live at home. You'll make $80,000 a year, set aside 15 or so for taxes, then stick the rest in an account. After 5 years you'll have at least $250 K saved. Move out, buy a house, get into adulthood in good shape at 24 years old. Or ignore me and blow probation and, whatever ... -
Education in America
The Frankish Reich replied to Big Blitz's topic in Politics, Polls, and Pundits
It's dangerously un-woke to say it, and I wouldn't want it to apply before a kid is about 13, but ... ... there is something to be said for a different/vocational track for some kids. It is not doing them any good to keep them in traditional college-prep high school, struggling through algebra and geometry and a foreign language and all that. There is nothing wrong with letting kids who seem to be continuously struggling (regardless of individualized education plans and other interventions) step away from the academic track and start learning marketable skills that don't require higher math, etc. In fact, we're not doing them any favors by forcing continuing failure on them. -
Leticia James Tower. Has a ring to it, you gotta admit.
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Education in America
The Frankish Reich replied to Big Blitz's topic in Politics, Polls, and Pundits
Been a while (but not that long of a while), but that basically agrees with my experience. Class of 30 (Catholic school, so class sizes are larger): probably 20 kids doing just fine. 7-8 kids just not trying, partly on parents and partly on legitimate attention issues. Maybe 2 or 3 who just seem not to get it no matter what they or their parents do. So mostly effort, but there are some maturity and/or innate issues that also show up in a small percentage of kids. -
Leftist Economics In Action
The Frankish Reich replied to SCBills's topic in Politics, Polls, and Pundits
I've been spending a fair amount of time in the Phoenix area this winter, and I am glad to report that driverless "taxis" are the way to go. Coming soon to a city (that doesn't ban them) near you. The future is now. https://waymo.com/ -
I am a supporter of unions, which does take me out of the total laissez-faire economic viewpoint. I can't paste the interactive chart without screenshotting it, but the numbers show a strong wage increase in the lower paid sectors, actually leading among sectors for a few quarters: https://www.atlantafed.org/chcs/wage-growth-tracker (Sort by income quintiles to get the picture)
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That's kind of the way this forum works. Bad news? Biden haters all over it. Good news? Biden supporters all over it. As you asked before, in one of the most insightful comments ever on PPP (or maybe ever on TBD in general): why do people bother to read/post here? EDIT: I forgot to add "Bad Trump News? Expect a flurry of Trump with a Lincoln Beard memes.
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Trump ❤️ Tariffs
The Frankish Reich replied to The Frankish Reich's topic in Politics, Polls, and Pundits
Let me pour a 40 on the Chevy Vega's grave. The plant's initial products were Chevrolet's full-size lineup (Caprice, Impala, Bel Air, Biscayne), then America's best-selling vehicle, as well as the first generation Pontiac Firebird. The Firebird and Chevrolet's full-size models would be moved to other plants by 1971, when the plant added conversion van production and began production of the Chevrolet Vega. -
Trump ❤️ Tariffs
The Frankish Reich replied to The Frankish Reich's topic in Politics, Polls, and Pundits
They can learn to code. There you have it. Some good old fashioned Republican sentiment. Always wondered if you were non-binary. -
Trump ❤️ Tariffs
The Frankish Reich replied to The Frankish Reich's topic in Politics, Polls, and Pundits
Look at the links I gave you. Ford and GM are international automakers. Yes, even in China through joint manufacturing agreements. And if we simply can't seem to produce competitive automobiles in America, well, then maybe our comparative advantage is no longer in automobile production and propping up a domestic industry through hidden subsidies (tariffs) or express ones (the Obama bailout) is kind of a ... wait a minute, I'm thinking ... still thinking ... aha! got it! ... a SOCIALIST idea.