We’re only going to have sustainable growth in this country if we massively increase immigration both Latin Americans and H1-B Asians and Indians. We simply do not have enough workers to run the economy at a growth trajectory
OT: Stock and Investment Thread
- Thread starter RU05
- Start date
you just made candidate number 1 for my first block. I've very little patience for outright stupidity
Or you could actually make an effort to refute his point.
I already had you blocked numbskull. I unblocked this post because another post referenced it. Many respected economists agree with my point.
Even George W Bush haha. https://www.bushcenter.org/catalyst...ion fuels the economy.,so do those of natives.
I think we need more workers for manual/lower wage jobs, which wouldn't require increased H1-B visas. My industry is full of H1-B employees and we seem to be fine with supply. We actually tried to H1-B a senior level person from EU over the summer, but he didn't get through the lottery system. He got a regular 1-year visa so he can join us for important events, but he's stuck over the pond for at least 12 months.
That’s been the case for a while. Some companies will put those guys on 6 month probation as a heads up to find a new job so they don’t face deportation.
Online Black Friday rocked it yesterday. I know my wife and I bought a ton of stuff:
(Reuters) -U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year's biggest shopping event on a strong note.
Initial numbers from Adobe Analytics, the data and insights arm of software company Adobe Inc, showed shoppers are expected to spend between $9 billion and $9.2 billion online on Friday, topping its forecast for a modest 1% rise to $9 billion.
As of 6 p.m. EST (2300 GMT) on Friday, Adobe data showed shoppers spent an estimated $7.28 billion online.
"E-commerce demand has remained strong regardless, and Black Friday is set to surpass $9 billion in online sales for the first time, as consumers come to value the ease and convenience of shopping from home," said Vivek Pandya, lead analyst at Adobe Digital Insights.
"Some shoppers are returning to physical stores for Black Friday, after two years where pandemic-related anxieties kept many people at home," Pandya added.
Adobe Analytics, which measures e-commerce by tracking transactions at websites, has access to data covering purchases at 85% of the top 100 internet retailers in the United States.
(Reuters) -U.S. online spending is expected to set a record for Black Friday, according to Adobe Analytics, as steep discounts lured consumers against the backdrop of high inflation, kicking off the year's biggest shopping event on a strong note.
Initial numbers from Adobe Analytics, the data and insights arm of software company Adobe Inc, showed shoppers are expected to spend between $9 billion and $9.2 billion online on Friday, topping its forecast for a modest 1% rise to $9 billion.
As of 6 p.m. EST (2300 GMT) on Friday, Adobe data showed shoppers spent an estimated $7.28 billion online.
"E-commerce demand has remained strong regardless, and Black Friday is set to surpass $9 billion in online sales for the first time, as consumers come to value the ease and convenience of shopping from home," said Vivek Pandya, lead analyst at Adobe Digital Insights.
"Some shoppers are returning to physical stores for Black Friday, after two years where pandemic-related anxieties kept many people at home," Pandya added.
Adobe Analytics, which measures e-commerce by tracking transactions at websites, has access to data covering purchases at 85% of the top 100 internet retailers in the United States.
They should put a cap of 6 days and 50 hours. If we are turning this visa process as a way to turn people into slaves that needs to stop.
There’s a lot of truth to it. American engineers have a ton of options that don’t require Elon’s toxic culture. The visa folks do not. Probably a lot of truth to it.
You can be a slave if in order not to be deported you can do nothing but work at the business
A company doing this is using this visa program to force people to work under conditions Americans will not tolerate.
The program should be to get talent not available not to force extreme working conditions that you would not be able to force without deportation as a penalty
I went to best buy and bought a tv.
$300 for a 50”.
I can remember getting a sweet deal on a 48” floor model. $1800.
Technology moves at light speed! And so does the price. I still have an old 60" Panasonic plasma in our basement from 08/09. I think it was around $3k. It lacks some modern inputs, but it still looks amazing, so no need to replace.
Unfortunately my original plasma pooped out. Had the ambient back lighting which was sweet.
Probably a energy hog by today’s standards though.
Maybe a bit, but it depends on the extent of the deal and how much oil is pumped.
I did not open custodial Roth IRAs for my kids until they had “real” earned income. That is to say that I didn’t pay them for chores done around the house or yard and consider that earned income. You do see it quite a bit with business owners who hire their kids to do commercials and such (you see a lot of car dealers and other business of that type do this.) In addition to enabling a custodial Roth IRA, hiring your kids to do commercials or modeling is used a a wealth transfer beyond gifting. Fidelity, Schwab and many others have information on their websites about custodial Roth IRAs. They talk about babysitting money and such but personally I don’t think I’d do that (getting audited is no fun. The IRS questioned my sons status as a full time student and even though I provided the term bill for the years and grades/credits, it went back and forth for a few months.
Of course, the above is opinion and should not be considered to be tax or legal advice.
+1
Definitely not worth an audit. We'll just we a taxable account for her for own. Starting to teach her about personal finances - Spend, Save, Donate.
Wait until she learns about leverage and Proshares ETFs!
One of the exercises we will do for the Save bucket is to put the same amount of money into 3 different investments and see what happens over 1-year. We will likely choose a 12-month CD, VTI, and one stock she selects (probably Disney or Apple).
Already started on the Spend bucket, which covers Bills and Wants. It's a big topic since Bills indirectly gets into careers and jobs. Lots of fun so far!
How much additional oil will this produce in comparison to the Keystone Pipeline?
Would the pipeline approval had a bigger positive impact on oil prices?
Pipelines don’t actually produce any oil. It’s fairly silly to compare unless the analysis is limited to a snapshot in time in very specific and unchanging market conditions.
our issue is an administration that restricted licenses, didn't apply for new Gulf licenses per law, refining capacity due to regulations and unfriendly gov't actions etc etc
Saudis are reducing production due to impending slowdown. If they were smart, they'd flood the market, drive prices down and make ice cars more attractive all the while enacting a future boom to oil and gas in spite of gov't stupidity
We are seeing a major turn to EV production from nearly every auto maker out there. Oil companies see this. They are not going to flood the market to drive down oil prices in the face of that.
It's been a while since I looked into it, but, as I recall, the Keystone Pipeline would in effect be a shortcut/replacement for an existing pipeline route, providing a more efficient path for crude shale oil to flow to refineries. So the resulting benefit would be in speed-to-market, perhaps. Not an increase in volume of oil to refineries.
That is what I thought but I seem to recall continuous arguments that denying the permit was a major reason for increased gas prices.
it's not organic, it's forced and therein lies the issue. On top of that, EV is far worse the environment and there isn't enough to fuel the battery production without significant destruction to the environment which is widely known but ignored.
liberal politics have one iron rule: logic is an enemy and truth is a menace