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L.W. Paradis
The Hill
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Comments by "L.W. Paradis" (@l.w.paradis2108) on "" video.
If there is a shortage of workers in a job category, ALL of those hired for that job, H1b and American, should be paid more. This is basic economics. If the labor shortage has not forced wages up, then there is something wrong. Someone isn't telling the truth, someone is violating the law.
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@armyofninjas9055 Isn't it funny when "the market" doesn't work like it's supposed to, and the advantage goes to the corporations over the employees every time? Wow, so weird. Do you know how that happened?
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@armyofninjas9055 Sorry, I keep forgetting my sarcasm alert, for my response to you. LOL :D
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@lutherblissett9070 Prices being set solely by supply and demand, not just for finished goods and services, but also for all materials, rents, and labor, is a basic tenet of how a "free market" functions. This has nothing to do with personality quirks, propensity to complain, what people wish were true or think should be true, and whatnot. Or so they say.
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@seanhammer6296 It is lower middle/middle in a few enclaves of San Francisco, New York, etc. A family of four making under $75,000 in Chicago can get some medical debt forgiven at some hospitals, or qualify for a long-term zero-interest payment plan.
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@seanhammer6296 I would have never characterized $80k as "lower-middle/middle." I was explaining why someone else might, and why it is not utterly insane for them to say so. Actually, I'm not sure I understood your point, except that the discussion made you momentarily angry.
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@seanhammer6296 Something else occurred to me -- a couple in their 40s both working full time and overtime making $80,000 together is hardly wealthy. Not the same as a recent grad making that much alone. Maybe saying they are "lower middle class" is acknowledging they are not "affluent" or "privileged."
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@lutherblissett9070 Do you have a standard cut-and-paste you insert, like, everywhere? I hope that explains it!
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@lutherblissett9070 What argument? You didn't notice I was being ironic, first of all? Second, you imagine demand is irrelevant to pricing? You can't mean that. What were you saying about confronting something or other? Ad hom trash talker meet mirror
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No parallel with national debt. She does not control the macro money supply, and she can't issue bonds to pay off her credit cards. National debt functions differently. Not to say it's not a problem -- it's a different problem.
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@lunadyana3330 We can spend freely as long as we can sell our debt at the prices we set (interest rates). When other governments and entities balk at buying it, the market could seize up, forcing interest rates up. Right now, deflation is a bigger risk than inflation, so rising rates isn't an issue, but that could change.
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@absurdh3ro Sure. The bonds aren't attractive at all. But they need to be sold. Yeesh.
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