Profile overview for Poco.
Submission statistics

This user made no submissions.

This user has so far shared a total of 0 links, started a total of 0 discussions and submitted a total of 82 comments.

Voting habits

Submissions: This user has upvoted 7 and downvoted 6 submissions.

Comments: This user has upvoted 163 and downvoted 7 comments.

Submission ratings

5 highest rated submissions:

This user made no submissions.

5 lowest rated submissions:

This user made no submissions.

Comment ratings

3 highest rated comments:

Dilbert Creator: Trump "b*tch slapped" the entire GOP establishment submitted by TerriChris to politics

Poco 6 points 37 points (+43|-6) ago

Trump has no ability to negotiate

You don't get into the position he is in without the ability to negotiate. Just because he sounds like a blowhard that always gets what he wants doesn't mean that there isn't a lot of negotiating going on in the back rooms to make his real estate deals work. He has even said as much if you look into it.

The concern would be that his willingness to make concessions in negotiations is probably inversely proportional to the power he thinks he has. The more power he has the more he can ignore other people's concerns and just demand what he wants. When negotiating foreign policy that is either a good thing or a bad thing. Do what I say because I'm the USA and will destroy you is powerful if you think he will follow through. Who wouldn't think he would follow through with that?

Cecil the lion's killer revealed as American dentist submitted by TheHemingWay to news

Poco 1 points 26 points (+27|-1) ago

He does seem to have a history of purchasing legal permits to hunt these animals from authorities that can use that money to help pay for conservation. He is paying tens of thousands of dollars for the privilege, which goes, in theory, to help pay for protection from poachers. It isn't something I would do, but it seems above board and it isn't like he is doing this in secret.

If his fee for killing this lion (or rhino) is enough to help pay to stop poachers killing three animals, is it worth it?

Bernie Sanders And Allies In Congress To Introduce $15 Federal Minimum Wage Wednesday submitted by flyawayhigh to news

Poco 0 points 16 points (+16|-0) ago

Your are correct that anyone who is starting their argument with "This person doesn't deserve that much money" is a jerk. No one should be looked down just because of the job they have or their skill set.

That said, the straight up economics of it would suggest that people will only get paid by a business if they can produce more value than they are paid.

Let's say you run a business and sell widgets for $10 and it costs you $9 to produce the widgets. Let's say that $4 of that cost is wages and you are currently paying minimum wage. If minimum wage were to double then the cost of producing your widgets might go up by $4 and now it costs you $13 to produce each widget.

If the market for the widgets is highly elastic then there is a very good chance that people don't want to pay $13 for the widget. The $10 price was set based on what people were willing to pay, not based on how much it costs to produce.

If the market is inelastic then they might be able to charge $14 a widget and still sell just as many. However, if that was the case then you would likely already be selling them for $14 per widget and making even more money than you do now. There is probably some competition that is pushing the price down to $10 per widget.

So then the problem come if your competition is going to be affected by the minimum wage the same way you are. What if their cost is also $9 but they have a more automated process so only $2 of their cost is wages. Their cost would go up to $11 and now they are selling it for $12, undercutting you by $2.

Unless you can find a way to optimize your production then you might very well go out of business and have to layoff your staff and find a new line of business yourself. They can get jobs somewhere else, and so can you, but in the mean time you have been negatively impacted by the rise in minimum wage.

This is the real, non-emotional, problem that can happen. Not because they are being looked down upon or because they are worth less or don't deserve the money, but because the wages make it cost too much to produce a product in their current line of business.

3 lowest rated comments:

Cecil the lion's killer revealed as American dentist submitted by TheHemingWay to news

Poco 1 points -1 points (+0|-1) ago

That is a shitty thing to do but I was commenting on the general concept that he is evil scum for shooting any animal. It isn't something I would do, I would rather shoot them with my camera, but this is a thing that some people are into and they are encouraged by the local authorities as long as they follow the rules.

If he didn't follow the rules then he should be punished.

deleted by user submitted by SomeScientologist to news

Poco 0 points 0 points (+0|-0) ago

To be fair, it is logically obvious that nullification is allowed by the fact that they have juries at all.

If the outcome was defined entirely by the evidence then a judge or a computer could look at the evidence and make a decision.

The fact that you ask a panel of people for their interpretation means that they have to be allowed to interpret it however they want. Otherwise there would be no point in asking them.

Activists in Oregon Suspend Themselves from Bridge to Block Arctic-Bound Oil Ship submitted by shutupdonny to news

Poco 0 points 0 points (+0|-0) ago

So they trust the government numbers even though it is the same government that granted the drilling rights in the first place? So is the government wrong or right?