Mick

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Viewing 15 posts - 1 through 15 (of 588 total)
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  • in reply to: Prediction #11351
    MickMick
    Participant

    It’s uncanny how accurate my prediction was. I gave it 12 months. Here we are 10 months later and Newsom is of course being investigated by the DOJ. So fucking predictable. https://www.cnbc.com/2026/06/15/gavin-newsom-trump-doj-investigation-california.html

    Yeah, but here’s the thing…Newsom is filthy. His travel and some personal expenses are (a) being paid by companies with State of California contracts and (b) he is directing donors to bundle funding donations to these companies, including (c) his left-over ina

    Feds zero in on Gavin Newsom’s travel, personal spending in DOJ probe

    in reply to: South Carolina won Joe Biden the Presidency. #11346
    MickMick
    Participant

    I don’t think Newsom has an endorsement. Maybe Katie Wilson, Seattle’s mayor?

    in reply to: FEtterman: I found this interesting #11341
    MickMick
    Participant

    Thirty years ago, Fetterman would have been considered a typical Democrat. That party has drifted so far left, he seems almost obscenely conservative, at least from the point of view of the Israel/Jewish-hating Democratic Left.

    To that point, the Democrats might not do as well in the mid-terms as they think:

    Democrats might win in the midterms — but a whole new set of problems await

    • This reply was modified 1 week, 2 days ago by MickMick.
    in reply to: Muslim Socialist mayors in the USA #11339
    MickMick
    Participant
    in reply to: Labor participation rate and the future #11334
    MickMick
    Participant

    I learned a new term today “Functional Unemployment Rate.” It is also known as the “True Unemployment Rate.” It combines the traditional unemployment rate (quite low right now, dropping last month to 4.1% from 4.2%), with the part-time employment rate (but among people seeking full-time employment), with those earning a poverty wage (wage below the poverty level).

    This measure, developed by the Ludwig Institute for Shared Economic Prosperity, had its fourth consecutive increase in July, now at 24.9% overall.

    Even more interesting to me is that their measure of the working-age population NOT functionally employed (including those who have dropped out of the labor force) hit 53.8%, up 0.8% since January.

    For black workers, the functional unemployment rate is 27.3%. For Hispanic workers, it is 26.7%.

    For men, the rate dropped 0.9% to 19.5%; but for women, it jumped 1.6% to 31%, marking the highest level women have seen since March, 2021.

    LISER states that the AI boom has sparked a massive demand for construction workers, extraction workers, and other workers in skilled trades. Secondly, there’s been a crisis in family care service and AI is causing companies to reduce white collar employment, so women are pulling out of the labor market.

    in reply to: RIP Dolly Parton #11330
    MickMick
    Participant

    She was very impressive. Long line of charities supported, comfortable and at ease with men and women alike, hugely talented, rose up from disadvantaged upbringing. I admired her immensely.

    in reply to: Alcohol #11328
    MickMick
    Participant

    Beer consumption on a per capita basis has declined in the United States since the early 1980s. Wine consumption is similarly down.  A prominent vintner in Fresno urged California winemakers to remove 50,000 acres of grapes from production. 500,000 tons in wine grapes went unpicked in 2025. Pests like the diamond moth are making inroads.

    It’s a tough racket. One of my marketing managers used to volunteer at Copia, a Napa Valley wine center, sort of a cultural/museum type of facility. It opened in 2001, Julia Child helped open it. Wish I could remember the name. It closed in 2008, and sold the property to the CIA (Culinary Institute of America) and became a food business school which opened in 2016.

    Copia (museum) – Wikipedia

    Wine Demand Crisis: Is the Industry at Risk? | Cover | montereycountynow.com

     

    in reply to: Labor participation rate and the future #11326
    MickMick
    Participant

    GDP  = G + C + B + E/I.

    Gross Domestic Product is equal to government expenditures plus consumer expenditures plus business expenditures plus the net of exports – imports, which has been a negative since 1975.

    Businesses have been doing more with less for decades. Consumer spending and debt are tapped. That leaves government expenditures.

    Incidentally, between 2019 and 2023 (the last time you could really do an apples to apples comparison), both California and Texas received more fed money than they paid in federal income taxes. In the last year before COVID, Texas was in a very slight deficit, California was in a very slight surplus. But during COVID (2020 and 2021), both states ran giant deficits, which narrowed again in 2022 and 2023.

    in reply to: In the great Democrat tradition… #11316
    MickMick
    Participant

    You can’t erase woke, according to the Washington Examiner.

    You can’t erase woke

    AOC says “I think it’s important to assess what the candidate is saying now.” Yes. You’d say that after the multiple idiocies that came out of your mouth.

    And don’t forget the treasure trove of bad ideas that the leading Democratic presidential challenger — Kamala Harris — supported. Green New Deal, Medicare for all, mandatory assault weapon buybacks, amnesty, packing the Supreme Court, and my personal favorite, transgender operations for illegal aliens who are in prison.

    • This reply was modified 1 month ago by MickMick.
    in reply to: Kamala Harris, current RealClearPolitics leader #11311
    MickMick
    Participant
    in reply to: Why the working class rejects the Democrats #11310
    MickMick
    Participant

    The “working class” rejects the left because the working class lives with what is true and now, and not with some academic worker’s struggle narrative. Tell me all the good stuff that has happened to the working class under any socialist rule. Socialists are academics who want something for nothing. They aren’t working people.

    100% agree. Most interesting part to me is how the Democrats take the working class for granted. Witness Kamala Harris’s jaw-dropping insult to the head of the Teamsters Union.

    He asked to meet her, she basically declined and literally told him “Get on board. This train is leaving with or without you.”

    Oh really?

    The Teamsters overwhelmingly supported Trump, 60% to 34%.

    Kamala Harris Said Something UNBELIEVABLE During Her Teamsters Interview

     

     

    in reply to: AI related cuts at Salesforce #11309
    MickMick
    Participant

    I think it depends on how it’s presented. The two times in my professional life, I was ordered to lay off people, it was almost exclusively female, because both times I was told to cut headcount…not overall compensation. So I selected the eight assistants, secretaries and coordinators that I could live without, at least over the short run. Both times, it was 100% women, both times HR called me on the carpet, both times, they okayed it.

    Why? Because at the end of the day, shit needs to get done, without drama, on time, under budget, and accurately.

    in reply to: Seattle and Socialism #11299
    MickMick
    Participant

    My wife’s cousin is married to a wealthy venture capitalist who is based in Seattle. As soon as their kids are out of high school, they are leaving for either Florida or Texas.

    She was a nurse, very sweet and kind lady, they’re both Democrats. But they can’t live with or support the craziness.

    • This reply was modified 1 month, 1 week ago by MickMick.
    in reply to: Democratic Socialists of Amerca platform #11293
    MickMick
    Participant

    I still can’t believe Gretchen Witmer is the GOvernor of Michigan.

    in reply to: Labor participation rate and the future #11291
    MickMick
    Participant

    I think there is a perfect storm of social trends leading to males withdrawing from the labor force.

    1. The problem is less “no jobs exist” than “the available job no longer clears the man’s reservation threshold”
    2. Recessions “scar” men—and some never fully return
    3. Poor health is both a cause and a consequence of nonparticipation
    4. America eliminated a great many jobs that once converted average male physical ability into middle-class status
    5. Society has been on a very successful drive to push, promote and drive the success of women at the expense of men. It’s a zero-sum game.
    6. The education system is increasingly poorly aligned with boys and with noncollege male employment
    7. Criminal records and incarceration create a long employment shadow
    8. Marriage and work once reinforced one another; both feedback mechanisms have weakened
    9. Modern life has made withdrawal more survivable—and less visibly miserable.
    10. Men may be particularly vulnerable to losing institutions that confer role and status
Viewing 15 posts - 1 through 15 (of 588 total)