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Forums :: Blog World :: Hank Balling: Buy Low on Luukkonen
Author Message
Gr8daygo
Joined: 04.23.2014

Aug 15 @ 8:03 AM ET
Do we really?
- joshs


Buff36
Buffalo Sabres
Joined: 10.13.2019

Aug 15 @ 8:50 AM ET
It is a problem though. In a vacuum it sounds great. In the real world it creates issues. You can’t pay the lowest skills jobs 15-20 dollars an hour, it screws the middle class. Those people who made 20 dollars before (double someone who made 10) don’t get raises to 40 an hour. If they did, the people who made 40 (double someone who made 20), don’t get 80.

What really happens is the people who used to make 20, just quit their jobs and do the low skill work. It’s happening everywhere. Huge shortages in jobs that used to be hard to get because why would people go to college when they can make the same flipping burgers

Not to mention the massive inflation it causes. It’s a global economy. People who couldn’t buy a car for example now can afford a car priced in 2019 cost. Well there are only so many durable goods to go around. Both people don’t buy a car, the car place only has one, they just jack the price up because two people are competing for it now.

Capitalism fails when you introduce artificial wages. Socialism fails because no one wants to work.

- Fattony1187

This is a good Post, but we have done alot of this to ourselves with technology. Now a lot of bigger companies have machines or Botts doing jobs a person would have. Might sound weird but technology has helped but also hurt in different ways.
Hank Balling
Buffalo Sabres
Joined: 05.18.2021

Aug 15 @ 9:08 AM ET
This is a good Post, but we have done alot of this to ourselves with technology. Now a lot of bigger companies have machines or Botts doing jobs a person would have. Might sound weird but technology has helped but also hurt in different ways.
- Buff36


Come to think of it, he did act suspiciously like a robot
Hank Balling
Buffalo Sabres
Joined: 05.18.2021

Aug 15 @ 9:19 AM ET
https://www.prohockeyrumo...-on-ltir-next-season.html

Tough break for a kid with a history of tough breaks
SoCalPucks
San Jose Sharks
Location: Ice-O-Plex, CA
Joined: 03.20.2012

Aug 15 @ 10:20 AM ET
Come to think of it, he did act suspiciously like a robot
- Hank Balling




chilliard77
Location: NY
Joined: 08.23.2011

Aug 15 @ 10:35 AM ET
Riley Sheahan back to save the franchise. We even gave that MFer a raise
homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Aug 15 @ 10:38 AM ET
Dude, U sell fish & scalp concert tix
I’d think you’d be one of the last ppl who cared about the typical idea of what a career is or should be

- jdfitz77

what does this half to do with anything?

unless it's a weak ass attempt as a personal attack


chilliard77
Location: NY
Joined: 08.23.2011

Aug 15 @ 10:40 AM ET
what does this half to do with anything?

unless it's a weak ass attempt as a personal attack

- homiedclown

Unrelated

homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Aug 15 @ 10:42 AM ET
This is a good Post, but we have done alot of this to ourselves with technology. Now a lot of bigger companies have machines or Botts doing jobs a person would have. Might sound weird but technology has helped but also hurt in different ways.
- Buff36

it's a double edge sword

self check outs are already taking over many stores

in the near future there will be touch screens at all fast food restaurants to take your orders

instead of 30 people on assembly lines, we have 1 or 2 people making sure the machines are working and a few doing quality control

the country needs to do more to keep more jobs in country instead of outsourcing them

so many things we could be making in the states instead of importing, yet it seems the leaders would rather bend the knee to china and other countries
robz228
Buffalo Sabres
Location: NY
Joined: 07.07.2010

Aug 15 @ 10:42 AM ET
It is a problem though. In a vacuum it sounds great. In the real world it creates issues. You can’t pay the lowest skills jobs 15-20 dollars an hour, it screws the middle class. Those people who made 20 dollars before (double someone who made 10) don’t get raises to 40 an hour. If they did, the people who made 40 (double someone who made 20), don’t get 80.

What really happens is the people who used to make 20, just quit their jobs and do the low skill work. It’s happening everywhere. Huge shortages in jobs that used to be hard to get because why would people go to college when they can make the same flipping burgers

Not to mention the massive inflation it causes. It’s a global economy. People who couldn’t buy a car for example now can afford a car priced in 2019 cost. Well there are only so many durable goods to go around. Both people don’t buy a car, the car place only has one, they just jack the price up because two people are competing for it now.

Capitalism fails when you introduce artificial wages. Socialism fails because no one wants to work.

- Fattony1187


Capitalism fails when the dream of climbing the ladder is no longer realistic

There's no going back to the golden age the boomers had. They scooped everything up and abused the free market to make it unwinnable for the generations after them. Its not their fault, they just won the game.

The only way to prevent total collapse is to start giving people free stuff. Which probably ends in total collapse anyways, just prolongs it for a couple generations.
homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Aug 15 @ 10:42 AM ET
Unrelated


- chilliard77





homiedclown
Buffalo Sabres
Location: We want 1, FL
Joined: 02.24.2008

Aug 15 @ 10:44 AM ET

The only way to prevent total collapse is to start giving people free stuff. Which probably ends in total collapse anyways, just prolongs it for a couple generations.

- robz228


here is 1200 bucks

now I am going to kill the pipeline, raise taxes, cause gas to double in price and make it where inflation becomes 10 percent, or more


enjoy that 1200 bucks
robz228
Buffalo Sabres
Location: NY
Joined: 07.07.2010

Aug 15 @ 10:54 AM ET
here is 1200 bucks

now I am going to kill the pipeline, raise taxes, cause gas to double in price and make it where inflation becomes 10 percent, or more


enjoy that 1200 bucks

- homiedclown


I'm not sure your point here. How exactly was the stimulus related to those things? Oil and gas prices were at insane lows for like 6 months after that happened
Hank Balling
Buffalo Sabres
Joined: 05.18.2021

Aug 15 @ 11:16 AM ET
here is 1200 bucks

now I am going to kill the pipeline, raise taxes, cause gas to double in price and make it where inflation becomes 10 percent, or more


enjoy that 1200 bucks

- homiedclown


https://www.cnbc.com/amp/...lions-in-wealth-2021.html

"Private businesses have also been a powerful engine of wealth for those at the very top. The 1% own 57% of private companies, according to the Federal Reserve. The value of private businesses held by the wealthiest increased by 36%, or $2.2 trillion, last year."


https://www.bloomberg.com...than-the-u-s-middle-class

The 1% own the majority of the country while the rest of us argue about relatively inconsequential issues. The wealthiest are always going to complain that people don't want to work terrible jobs for poverty wages rather than pay people more to do the work

LandlordTom
Buffalo Sabres
Location: Ice girls, please, NY
Joined: 07.16.2011

Aug 15 @ 11:17 AM ET
Unrelated


- chilliard77


Tom Waits is my #2 man-crush, only behind David Lynch. Waits' music and poetry are brilliant, and if any bumholes want to compare him to Leonard f'ing monotone Cohen, I'll meet them at the corner of Sycamore and Sweet St. I'll have a broken Genny Cream Ale bottle as my weapon of choice.
jdfitz77
Buffalo Sabres
Location: buffalo, NY
Joined: 05.21.2007

Aug 15 @ 11:18 AM ET
It is a problem though. In a vacuum it sounds great. In the real world it creates issues. You can’t pay the lowest skills jobs 15-20 dollars an hour, it screws the middle class. Those people who made 20 dollars before (double someone who made 10) don’t get raises to 40 an hour. If they did, the people who made 40 (double someone who made 20), don’t get 80.

What really happens is the people who used to make 20, just quit their jobs and do the low skill work. It’s happening everywhere. Huge shortages in jobs that used to be hard to get because why would people go to college when they can make the same flipping burgers

Not to mention the massive inflation it causes. It’s a global economy. People who couldn’t buy a car for example now can afford a car priced in 2019 cost. Well there are only so many durable goods to go around. Both people don’t buy a car, the car place only has one, they just jack the price up because two people are competing for it now.

Capitalism fails when you introduce artificial wages. Socialism fails because no one wants to work.

- Fattony1187


Disagree with just about all of this in the context we’re talking about
And again…. It’s a tangent that doesn’t relate to the topic we were even discussing

What fast food workers are getting paid has absolutely no effect on how our economy has been drifting further & further away from manufacturing & production of goods
jdfitz77
Buffalo Sabres
Location: buffalo, NY
Joined: 05.21.2007

Aug 15 @ 11:20 AM ET
what does this half to do with anything?

unless it's a weak ass attempt as a personal attack

- homiedclown


U don’t make your $$$ in a typical “career” either,
so why does it matter if pushing carts is a career or not?

My point was fairly obvious
And it wasn’t a personal attack at all
I don’t make my $$$ in a typical career either
jdfitz77
Buffalo Sabres
Location: buffalo, NY
Joined: 05.21.2007

Aug 15 @ 11:22 AM ET
here is 1200 bucks

now I am going to kill the pipeline, raise taxes, cause gas to double in price and make it where inflation becomes 10 percent, or more


enjoy that 1200 bucks

- homiedclown


That’s an inaccurate oversimplification of what’s happened
And the $1200 had no cause on any of it
robz228
Buffalo Sabres
Location: NY
Joined: 07.07.2010

Aug 15 @ 11:33 AM ET
https://www.cnbc.com/amp/2022/04/01/richest-one-percent-gained-trillions-in-wealth-2021.html

"Private businesses have also been a powerful engine of wealth for those at the very top. The 1% own 57% of private companies, according to the Federal Reserve. The value of private businesses held by the wealthiest increased by 36%, or $2.2 trillion, last year."


https://www.bloomberg.com...than-the-u-s-middle-class

The 1% own the majority of the country while the rest of us argue about relatively inconsequential issues. The wealthiest are always going to complain that people don't want to work terrible jobs for poverty wages rather than pay people more to do the work

- Hank Balling


I wonder what had a bigger impact on the future generations of californians, elon musk's hyperloop scam to kill high speed rail projects to try to keep everyone reliant on purchasing cars? or mcdonalds workers making $3 more an hour?
Stripes77
Referee
Buffalo Sabres
Location: Where ever Matt Ellis allows me to be, NY
Joined: 07.30.2012

Aug 15 @ 11:59 AM ET
Econ Buzz...

The Sabres need to do something this place is boring
DirtyDan
Buffalo Sabres
Location: Why aren't more people interrigent? Rike Me? , ON
Joined: 02.03.2021

Aug 15 @ 12:03 PM ET
Econ Buzz...

The Sabres need to do something this place is boring

- Stripes77


Can't believe they're having Ryan's night on a thursday against the Islanders... and Anaheim is in town 2 days later on a Saturday


Brutal
Stripes77
Referee
Buffalo Sabres
Location: Where ever Matt Ellis allows me to be, NY
Joined: 07.30.2012

Aug 15 @ 12:05 PM ET
Can't believe they're having Ryan's night on a thursday against the Islanders... and Anaheim is in town 2 days later on a Saturday


Brutal

- DirtyDan



That could be a Miller thing though based on his schedule but you are right it is odd
washedup20
Location: the little apple
Joined: 08.19.2014

Aug 15 @ 12:05 PM ET
U don’t make your $$$ in a typical “career” either,
so why does it matter if pushing carts is a career or not?

My point was fairly obvious
And it wasn’t a personal attack at all
I don’t make my $$$ in a typical career either

- jdfitz77



How much do you pay your dishwasher at your restaurant? Are you providing the ability for this person to make it a career?
buffalofan19
Buffalo Sabres
Location: Wonderful things can happen when you sow seeds of distrust in a garden full of (bum)holes
Joined: 07.01.2007

Aug 15 @ 12:06 PM ET
That could be a Miller thing though based on his schedule but you are right it is odd
- Stripes77


Remember how awkward Hasek's ceremony was?
Fattony1187
Buffalo Sabres
Joined: 02.12.2015

Aug 15 @ 12:07 PM ET
Disagree with just about all of this in the context we’re talking about
And again…. It’s a tangent that doesn’t relate to the topic we were even discussing

What fast food workers are getting paid has absolutely no effect on how our economy has been drifting further & further away from manufacturing & production of goods

- jdfitz77



Yawn
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