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2016 NC/LC THREAD 2016 NC/LC THREAD

08-21-2016 , 06:01 PM
Quote:
Originally Posted by bicyclekick
To this day I don't think I've told anyone other than 'poker' when asked what I do.

I don't see the advantages of lying
That is because there are none. In addition the ability to make a living playing poker is a skill that, once recognized, is often viewed as a positive.
08-21-2016 , 06:55 PM
All of these information asymmetry problems and ******* corrupt boss problems come from the fact that the labor market really sucks right now for the unemployed and low skilled. They know they can get away with it because you can't say "**** this, the guy across the street is hiring". We can argue about why this is happening, but it wasn't always like this.
08-22-2016 , 11:22 AM
Commerce here I come bitches
08-22-2016 , 12:34 PM
Quote:
Originally Posted by CrazyLond
The law of Demand is that as the price of something increases, the quantity demanded decreases. To me, this is plainly obvious because it applies to my own behavior in every single market that I participate in as a buyer. I don't need to see a series of data points to confirm it.

If you don't believe that the minimum wage affects unemployment, you either don't believe in this self evident law or you think that somehow the labor market does not operate by the same rules that govern every other market.

If the "science" disagrees with this law, then it is clear to me that the science is flawed.

Furthermore, while I do not employ anyone, it is very easy for me to imagine that I did and see how if the government mandated a higher wage, that may cause me not to hire people that I otherwise would.
I think someone mentioned the presence of "virtually infinite outside influences." When 42% of the population gets a raise, there's a good chance that you'll sell more of whatever you're selling, making it easier to pay a higher wage. If Walmart pays its employees more, it's also paying its customers more.

That's not to say that the research on the subject is compelling in either direction. Economics are complex. I tend to think opinions and theories should be stated more as probabilities than certainties. Contending that making Change A will necessarily lead to Consequence B strikes me as absurd. Proposing that Change A will likely (maybe like 70%) lead to Consequence B sounds like something that can be reasonably put forth.
08-22-2016 , 12:38 PM
Quote:
Originally Posted by CrazyLond
At the interview for my current position, I told the interviewer I wanted to only work part time because of outside pursuits. The interviewer was a partner at an accounting firm whose online profile said his outside interests included attending church with his family and sitting on the board for a couple Christian not-for-profit organizations.

He said he had googled me and had a pretty good idea what the outside pursuits were, so I confessed that it was poker. He actually thought it was pretty cool I was able to make money at it and we were able to negotiate a schedule that worked well for both of us.

So the reactions you get will be quite varied in my opinion. But if you try and say it was something different, I think that could be a big problem if they ever find out. And if you work with people a lot you end up getting to know each other pretty well.
This is right on the money, though! I'm sure there are some people who respond negatively to hearing someone is/was a professional poker player, but reactions are surely varied and sometimes quite surprising. Also, so many people are interested in poker. I've always found the biggest downside to talking about being a poker player is having to talk about being a poker player.
08-22-2016 , 01:18 PM
Quote:
Originally Posted by GiantBuddha
I think someone mentioned the presence of "virtually infinite outside influences." When 42% of the population gets a raise, there's a good chance that you'll sell more of whatever you're selling, making it easier to pay a higher wage. If Walmart pays its employees more, it's also paying its customers more.

That's not to say that the research on the subject is compelling in either direction. Economics are complex. I tend to think opinions and theories should be stated more as probabilities than certainties. Contending that making Change A will necessarily lead to Consequence B strikes me as absurd. Proposing that Change A will likely (maybe like 70%) lead to Consequence B sounds like something that can be reasonably put forth.
My premise was that the minimum wage leads to higher unemployment. I don't see how some consumers now having more purchasing power changes this.

When the minimum wage is increased, some companies will be able to keep their employees because their margins are enough that they could pay the higher wage and still make enough profit that the business is worthwhile for the owners. And those employees will now be able to consume more from the businesses where they are a customer. But in these situations, you are basically transferring wealth from the shareholders to the employees. I think the net effect will be neutral. Walmart employees have more purchasing power but people who owned Walmart stock have less.

But in other situations, the business will be unable to retain the employees at the new wage and still make a profit. Some businesses may be able to raise prices to maintain a profit, but now the higher wages the employees/consumers enjoy are offset by the higher prices they pay for goods. And some businesses won't be able to be profitable regardless of where they set prices so they will either automate the processes, go out of business, or trim the parts of their business that required labor below the new minimum wage to be profitable. Any of these situations will result in lost jobs and an overall detriment to the economy.

Now you can say you think it is just that wealth should be transferred from the shareholders who presumably are better off than the employees it is transferred to. But you can't target a minimum wage increase just towards those companies that could handle the increase. There will be some amount of economic activity that will no longer take place.
08-22-2016 , 04:45 PM
Just look at it from poker perspective. California min wage increase causes all LA card clubs to increase rake $1 (or at least use as an excuse to increase rake $1). All professional poker players are now earning $X per hour. Less.. As a result those playing smallest limits and barley making ends meet will likely have to find new jobs and temporarily enter unemployment
08-22-2016 , 09:04 PM
Quote:
Originally Posted by Jon_locke
Just look at it from poker perspective. California min wage increase causes all LA card clubs to increase rake $1 (or at least use as an excuse to increase rake $1). All professional poker players are now earning $X per hour. Less.. As a result those playing smallest limits and barley making ends meet will likely have to find new jobs and temporarily enter unemployment
LOLOLOLOLOLOL

This is my favorite post in 2p2 history. I wish I knew what level you were on. Or maybe it's best I don't know.
08-22-2016 , 09:09 PM
"What do you think about the minimum wage?"

"I hate it, now I have to move down to 20/40!!!"

I cannot imagine a more obtuse point of view. It's like a great work of art. Please tell me you are serious ... but only if you are serious. If you're playing around keep it a secret!
08-22-2016 , 09:15 PM
Disregard the previous posts. I get it now. I'm drinking and the pretty girls are leaving and I'm feeling slight tilt.

This has been a highly fruitful conversation. Good job Elo!
08-22-2016 , 09:23 PM
One of them was talking with her old friend about how she was so so so sad after her breakup and then something weird about how she's been afraid to wear dresses any more and wants to feel more feminine again.

Was this some kinda cue? I'm deeply inexperienced in such matters.

It's academic now, because she left. Now it's a bunch of olds and they are playing that awful "stuck in the middle with you!" song.

Allow me to apologize for my following 27 posts tonight. I need some friends or something.
08-22-2016 , 09:30 PM
There are these biker bros with POW-MIA stickers and leather jackets and that whole thing. One of them is talking in a friendly manner with a black guy though so it's alright.

For the first 20 years of my life, whenever I saw one of those POW-MIA stickers on a car, I thought it was a band. I was like damn, that silhouette is a pretty sweet band logo!
08-22-2016 , 09:53 PM
Damn I ordered a White Russian like The Dude (isn't every Russian white?) and she gave me this giant glass of it! Not the usual shot glasses. Is she trying to kill me??

I'm gonna have sex tonight. I'm gonna hit on the POWMIA 50 year old ladies. I'm gonna tell her all about my plans to Make America Great Again. Spoiler alert: it mainly involves my dick.
08-22-2016 , 11:04 PM
Keep posting.
08-23-2016 , 04:02 AM
banned too soon
08-23-2016 , 05:46 AM
that was pretty solid. i wonder if he ended up having sex or was too enraged by pope
08-23-2016 , 09:22 AM
I didn't think we were modded in here.
08-23-2016 , 12:37 PM
Pretty epic tirade. Happy I finally got to see one of these prior to ban/delete and everyone jovially discussing post hoc
08-23-2016 , 04:24 PM
Quote:
Originally Posted by skillgambler
that was pretty solid. i wonder if he ended up having sex or was too enraged by pope
What kind of odds can I get on the seks?

Quote:
Originally Posted by that_pope
I didn't think we were modded in here.
He prob tilt-ranted in nvg or something. Def banned too early though.
08-23-2016 , 08:03 PM
you are modded here disagree on banned too early. anything with death threats and all of that is a 2+2 insta-ban, especially for someone with a history of it
08-23-2016 , 09:31 PM
was more of a whimsical "gone too soon" flippant comment than a judgement on your modding prowess
08-23-2016 , 11:33 PM
oh, ha, agreed. something tells me he'll be back though.
08-24-2016 , 08:43 AM
Half a blind, half a blind
Half blind per 100
Into the holdem pits
Strode the Unguarded

Reg to the right of him
Reg to the left of him
Reg right across from him
minbet and grinded.
His not to reason why
His just to grind and grind.

When will his glory fade
O the wild game he played
All the world wondered.
Honor the river raise.
Honor the bold checkraise.
Half blind per 100.
08-24-2016 , 01:02 PM
Can anyone else confirm that networth is a real poster and not something that I hallucinate? I am being totally serious. I always feel like I am the only one who sees his posts and it is kinda tripping me out.

Also networth, if you are not a figment of my imagination... I still hold that you are the ghost of a future superstar LHE grinder who doesn't know he is dead and is trapped in the internet.
08-24-2016 , 01:10 PM
Quote:
Originally Posted by BigBadBabar
you are modded here disagree on banned too early. anything with death threats and all of that is a 2+2 insta-ban, especially for someone with a history of it
Saying he wants to seks someone is pretty mean, but it probably wouldn't kill them.

      
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