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Offlinehostileuniverse
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Re: Poll: Economics [Re: ballsalsa]
    #22567292 - 11/24/15 10:11 AM (8 years, 2 months ago)

Only a liberal would think a service that loses 5 billion a year is "doing just great"


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Invisibleburgerbrain
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Re: Poll: Economics [Re: hostileuniverse]
    #22567312 - 11/24/15 10:16 AM (8 years, 2 months ago)

Quote:

hostileuniverse said:
Only a liberal would think a service that loses 5 billion a year is "doing just great"




balls must be a professional jokester because he's cracking me up


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: burgerbrain]
    #22567316 - 11/24/15 10:18 AM (8 years, 2 months ago)

Quote:

burgerbrain said:
Quote:

ballsalsa said:
Quote:

burgerbrain said:
Quote:

ballsalsa said:
that's what i was thinking




LOL could you tell us more about how great USPS is? You work there right?




nope.  i use the service though, and i couldn't be happier with it.  You couldn't pay me to ship a package with fedex or ups.
the fact that the USPS can provide such high levels of service while loaning 5 billion to the Federal government each year speaks to the efficacy of the program IMO.  I'm not sure why you wanted to dredge up this subject though.




Tell us more, balls- this is fascinating stuff! Nice links too.

U.S. Postal Service Records Second Quarter Loss of $1.9 Billion
Urges Congress to Pass Comprehensive Postal Legislation
WASHINGTON — The U.S. Postal Service ended the second quarter of its 2014 fiscal year (Jan. 1, 2014 – March 31, 2014) with a net loss of $1.9 billion. This marks the 20th of the last 22 quarters it has sustained a loss.
https://about.usps.com/news/national-releases/2014/pr14_031.htm




how many times should i dig up the info for you?  This topic is dead.  I'm sure you can come up with some new BS for me to refute can't you?


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: hostileuniverse]
    #22567323 - 11/24/15 10:20 AM (8 years, 2 months ago)

Quote:

hostileuniverse said:
Only a liberal would think a service that loses 5 billion a year is "doing just great"




if you think being forced by law to loan 5 billion a year to the treasury is the same as "losing 5 billion a year", you are mistaken


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Invisibleburgerbrain
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Re: Poll: Economics [Re: ballsalsa]
    #22567339 - 11/24/15 10:23 AM (8 years, 2 months ago)

Quote:

ballsalsa said:
Quote:

hostileuniverse said:
Only a liberal would think a service that loses 5 billion a year is "doing just great"




if you think being forced by law to loan 5 billion a year to the treasury is the same as "losing 5 billion a year", you are mistaken




So fucking funny. LOL.

U.S. Postal Service Records Second Quarter Loss of $1.9 Billion
Urges Congress to Pass Comprehensive Postal Legislation
WASHINGTON — The U.S. Postal Service ended the second quarter of its 2014 fiscal year (Jan. 1, 2014 – March 31, 2014) with a net loss of $1.9 billion. This marks the 20th of the last 22 quarters it has sustained a loss.
https://about.usps.com/news/national-releases/2014/pr14_031.htm


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: burgerbrain]
    #22567348 - 11/24/15 10:26 AM (8 years, 2 months ago)

Ha Ha Ha. laugh it up smart guy.  you're the one who seems incapable of reading beyond a headline.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: ballsalsa]
    #22567350 - 11/24/15 10:27 AM (8 years, 2 months ago)

Quote:

ballsalsa said:
Ha Ha Ha. laugh it up smart guy.  you're the one who seems incapable of reading beyond a headline.




It's not a headline, it's a LOSS report from USPS, smart guy.


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Offlinehostileuniverse
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Re: Poll: Economics [Re: burgerbrain]
    #22567363 - 11/24/15 10:30 AM (8 years, 2 months ago)

Quote:

burgerbrain said:
Quote:

ballsalsa said:
Ha Ha Ha. laugh it up smart guy.  you're the one who seems incapable of reading beyond a headline.




It's not a headline, it's a LOSS report from USPS, smart guy.




Yeah, how DARE the govt force them to fund their pension plans!?!?!?


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: burgerbrain]
    #22567381 - 11/24/15 10:33 AM (8 years, 2 months ago)

*sigh*  fine, when i get home from work, i'll take the time to go hunt down my previous posts so that we can keep arguing about the same topic thats been beaten into the ground for weeks


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Invisibleburgerbrain
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Re: Poll: Economics [Re: ballsalsa]
    #22567421 - 11/24/15 10:47 AM (8 years, 2 months ago)

Quote:

ballsalsa said:
*sigh*  fine, when i get home from work, i'll take the time to go hunt down my previous posts so that we can keep arguing about the same topic thats been beaten into the ground for weeks




Yeah we beat your ideas into the ground.


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: ballsalsa]
    #22567667 - 11/24/15 11:40 AM (8 years, 2 months ago)

I wouldn't waste my time with burgerbrain.  You can prove as much as you want to him, he's just a troll who can't follow simple logic.


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22567885 - 11/24/15 12:15 PM (8 years, 2 months ago)

i know but its in my nature.


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: ballsalsa]
    #22567913 - 11/24/15 12:21 PM (8 years, 2 months ago)

I'm the same way.  I told burgerbrain I'd stop arguing with him a while ago because he is unable to follow an argument, but sometimes I can't let a really stupid post go.

Hence, Shroom Detective's signature (which isn't a real quote).  :smirk:


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


Edited by Falcon91Wolvrn03 (11/24/15 12:34 PM)


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: burgerbrain]
    #22568153 - 11/24/15 01:03 PM (8 years, 2 months ago)

Quote:

burgerbrain said:
Quote:

ballsalsa said:
Quote:

hostileuniverse said:
Only a liberal would think a service that loses 5 billion a year is "doing just great"




if you think being forced by law to loan 5 billion a year to the treasury is the same as "losing 5 billion a year", you are mistaken




So fucking funny. LOL.

U.S. Postal Service Records Second Quarter Loss of $1.9 Billion
Urges Congress to Pass Comprehensive Postal Legislation
WASHINGTON — The U.S. Postal Service ended the second quarter of its 2014 fiscal year (Jan. 1, 2014 – March 31, 2014) with a net loss of $1.9 billion. This marks the 20th of the last 22 quarters it has sustained a loss.
https://about.usps.com/news/national-releases/2014/pr14_031.htm




First, lets start with a more recent source.

https://about.usps.com/who-we-are/financials/financial-conditions-results-reports/fy2015-q3.pdf
Quote:

The Postal Service continues to incur significant losses, in part due to the PAEA-mandated Postal Service Retiree Health Benefits Fund (“PSRHBF”) prefunding requirement. Such a requirement to prefund retiree healthcare obligations is not imposed on most other federal entities or private-sector businesses that offer retiree health benefits.




Quote:

The Postal Service’s status as an independent establishment of the executive branch that does not receive tax dollars for its operations presents unique requirements and restrictions, but also potentially mitigates some of the financial risk that would otherwise be associated with a cash shortfall. With annual revenue of approximately $68 billion, a financially-sound Postal Service continues to be vital to U.S. commerce. The U.S. economy benefits greatly from the Postal Service and the many businesses that provide the printing and mailing services that it supports. Disruption of the mail would cause undue hardship to businesses and consumers, and in the event of a cash shortfall, the U.S. government would likely prevent the Postal Service from significantly curtailing or ceasing operations. The Postal Service continues to inform the Administration, Congress, the PRC and other stakeholders of the immediate and long-term financial challenges it faces and the legislative changes that are required to restore its financial stability.




Quote:

Since 2007, the PAEA has mandated the Postal Service to prefund retiree health benefits by depositing a fixed amount of funds
each year into the PSRHBF through 2016. This prefunding requirement is not imposed on most U.S. government entities or private sector businesses to the extent they offer health benefits to retirees at all.




Quote:

Because the amounts scheduled to be paid into the PSRHBF are set by legislation, our retiree health expense may represent more than the full normal cost of the benefits earned by our employees




Quote:

Under FECA, workers’ compensation claims for many
types of injuries cannot be settled through lump-sum payments, and in some instances with regard to those claims, compensation may be paid over many years. Federal law grants COLA adjustments to thoseclaims, and this results in substantially higher costs to us than would likely result if we managed our own claims. Additionally, since we do not manage the FECA program, we have no ability to control the significant administrative costs associated with managing the claims and payments process.




Quote:

As referenced above in Operating Expenses, Congress is considering several bills that have been introduced or amended that would require us to roll back our service standards to those that were in effect on July 1, 2012. In addition to the immediate implementation
costs we would incur to roll back our standards to July 1, 2012 levels, we would be required to forgo the cost savings of approximately $1.5 billion that are enabled by our current service standards and the corresponding operating model. None of the proposed legislation provides any funding to
implement the requirements. We are encouraging Congress to remove these requirements from the legislation under consideration.




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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22570053 - 11/24/15 07:32 PM (8 years, 2 months ago)

Quote:

Falcon91Wolvrn03 said:
I'm the same way.  I told burgerbrain I'd stop arguing with him a while ago because he is unable to follow an argument, but sometimes I can't let a really stupid post go.

Hence, Shroom Detective's signature (which isn't a real quote).  :smirk:




Sure Fal, I kicked your ass over and over in every debate. Look up a few posts- I kicked your ass in this thread, too.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: burgerbrain]
    #22578415 - 11/26/15 01:36 PM (8 years, 2 months ago)

burgerbrain said:
So let's recap: I asked a question and you responded:

Quote:

burgerbrain said:


What do you think will happen if we raise the min. wage to $100/hr tomorrow? Oh yeah you don't understand economics-you just listen to the libtard dogma. Good answer.

http://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws
https://mises.org/library/yes-minimum-wages-still-increase-unemployment
http://americanactionforum.org/research/how-minimum-wage-increased-unemployment-and-reduced-job-creation-in-2013
http://www.newsmax.com/Finance/NealAsbury/minimum-wage-increase-unemployment-middle-class/2013/03/14/id/494620/






Quote:

Falcon91Wolvrn03 said:
In summary - no you DON'T start at $100/hr.  You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.





LOL so quote "because that's when it becomes more difficult for employers to cover increasing wages." Yes and what do employers do when wages are increasingly difficult, or even impossible, to cover? I'll give you a hint.

Employers stop hiring or hire much less.


What happens when employers stop hiring or hire much less? I'll give you a hint.

Unemployment rises.

Again, liberal, "We don't know" is not a good enough answer- it makes you look really bad at economics.
Quote:


Falcon91Wolvrn03 said:
We don't know if raising minimum wage too quickly would be harmful.




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Offlinehostileuniverse
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Re: Poll: Economics [Re: burgerbrain] * 1
    #22578453 - 11/26/15 01:44 PM (8 years, 2 months ago)

Translation: they don't know, but they're more than willing to spend everyone else's money to find out...


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: hostileuniverse]
    #22580419 - 11/26/15 11:22 PM (8 years, 2 months ago)

Quote:

hostileuniverse said:
Translation: they don't know, but they're more than willing to spend everyone else's money to find out...



Wrong again.  I said I don't know the formula, so let's not start at $100/hr minimum wage.  Let's start lower and then crank it up as long as it continues to keep making things better.  We know for a fact that an $11.00 minimum wage was better than what we have today.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22580578 - 11/27/15 12:37 AM (8 years, 2 months ago)

Quote:

Falcon91Wolvrn03 said:
Quote:

hostileuniverse said:
Translation: they don't know, but they're more than willing to spend everyone else's money to find out...



Wrong again.  I said I don't know the formula, so let's not start at $100/hr minimum wage.  Let's start lower and then crank it up as long as it continues to keep making things better.  We know for a fact that an $11.00 minimum wage was better than what we have today.




LOL Liberals think that if they repeat the same shit then it will become true!

So why don't you want $100/hr min. wage enacted tomorrow then?


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Offlinehostileuniverse
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Re: Poll: Economics [Re: burgerbrain]
    #22581087 - 11/27/15 06:36 AM (8 years, 2 months ago)

Quote:

burgerbrain said:
Quote:

Falcon91Wolvrn03 said:
Quote:

hostileuniverse said:
Translation: they don't know, but they're more than willing to spend everyone else's money to find out...



Wrong again.  I said I don't know the formula, so let's not start at $100/hr minimum wage.  Let's start lower and then crank it up as long as it continues to keep making things better.  We know for a fact that an $11.00 minimum wage was better than what we have today.




LOL Liberals think that if they repeat the same shit then it will become true!

So why don't you want $100/hr min. wage enacted tomorrow then?





because this is the notion of keynsian economics that leftists have adopted, if they raise the minimum wage to 20/hour, and the effect is negative, they will say we should have spent more, they honestly believe that they can find the magic number, and it'll be magical, lol. and when the economy crumbles, or slows down, they will ALWAYS say they should have spent more or the wage should have been higher ( and you know they'll blame them evil republicans for it no matter what )

http://krugman.blogs.nytimes.com/2010/07/28/how-did-we-know-the-stimulus-was-too-small/?_r=0


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