About Entitlemented

Entitlemented


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20 threads
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Goleta, CA
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In United States
Registered Jun 16, 2009

Entitlemented's most recent comments:

  • On 23 Oct 2014 in Challenge to Keynesians "Prove Rising Prices Provide an Overall Economic Benefi, Entitlemented said:

    indigenous says

    If your coat is worn out, are you inclined to wait another year if there are discounts now, but you expect even bigger discounts a year from now?

    Will people delay medical procedures in expectation of falling prices?

    If deflation theory is accurate, why are there huge lines at stores when prices drop the most?

    Bonus Question

    If falling prices stop people from buying things, how are any computers, flat screen TVs, monitors, etc., ever sold, in light of the fact that quality improves and prices decline every year?

    BONUS^3:

    If we increase the minimum wage to $20 will this encourage or discourage people from obtaining higher education in the Medical/Science Professions?

    If we increase the minimum wage to $15-20 how many convenience food chains will stay open?

  • On 23 Oct 2014 in Middle Class Wealth Gone!, Entitlemented said:

    This has been my observation since about 1987, and others are also starting to observe the same:

    http://fas.org/sgp/crs/misc/R42400.pdf

  • On 23 Oct 2014 in Middle Class Wealth Gone!, Entitlemented said:

    The chart shows middle class wealth correlated with outsourcing.

    Outsourcing and the 4X increase in Lawyers/Engineers is the root cause of the decline of the Middle Class.

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