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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (775833)	3/20/2014 11:37:16 AM
From: FJB	2 Recommendations Recommended By joseffy TideGlider Respond to of 1579788

Female workforce declines under Obama... Since Obama has been in office, according to data from the Office of Personnel Management, the percentage of women in the civilian federal work force has been shrinking. Before Obama took office, it was already smaller than the percentage in the overall national civilian labor force. Under Obama, it has gotten smaller still. OPM maintains a database called FedScope that contains historical information going back to 1998 on much of the federal civilian labor force (but excludes, for example, the Judiciary, the White House, the Office of the Vice President, several intelligence agencies and the legislative staff of Congress). According to this database, about 44.4 percent of civilian federal workers were female in 1998. In 2013, only about 43.5 percent were female — the lowest percentage in the sixteen years available. - See more at: cnsnews.com

To: i-node who wrote (775833)	3/20/2014 4:30:28 PM
From: combjelly	Read Replies (1) \| Respond to of 1579788

I have never read a more FOS statement in my life. You don't read many of your own posts then. Like this one. They need them at one price. They don't need them at a higher price. All things being equal, correct. But the assumption that a minimum wage hike only affects a few businesses in a give sector is, well FOS, to use your term. Think of it in terms of you going to the grocery store. You see some nice filets over there at $50/lb. You'd like to have them but you recognize they're overpriced so you decide instead to buy some sirloin at a fraction of the cost. Or even the bananas. Or pears. This is minimum wage we are talking about. You can't run a business on sirloin. Or filets, for that matter. This is pretty confusing... But because that person's labor becomes overpriced, you choose instead to buy another computer. 'Overpriced' is a relative term. Before that make sense, you have to have alternatives. Plopping a PC or laptop behind a counter doesn't help if it isn't suitable for the job. Sure, it is great to imagine that there are general purpose robots out there that can be able to evaluate a situation and modify its behavior to adequately address it, but we aren't there yet. We can't even throw hundreds of millions of dollars at a Mars lander and have it operate fully autonomously. I doubt if the local greasy spoon can do that. Except that if a business raises prices, even a tiny bit, it will reduce sales. Yeah. That is why prices have not risen in decades... You were talking about FOS? There is a perfect example. Prices do go up. There is a technical term for it. Inflation. Perhaps you have heard about it. Granted, if the rate of increase is large, that can be a problem. But if it is small, at best some people grumble. And most minimum wage employers do not have the overwhelming vast majority of their business as labor costs. Domino's happens to be the one I know the best. Two decades ago, labor was the single largest cost in a given store. That was typically around 25%, including insurance and the meager benefits offered. Now say that labor costs went up 20%. Without changing anything else, that would increase the percentage of labor all the way to 28%. With a 4% increase in pricing would push it back down to 25%. And the profits would even be a bit higher. So not all of the labor cost increase need to be passed to the consumer if the company wanted to cushion that. By skipping a pepperoni or two on pizzas, a procedure change that came down on high a couple of times, even that 4% increase can be weathered without a change in profitability.