Fail Quotes

Started by Travis Retriever, October 17, 2009, 03:00:20 PM

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"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

Quote from: R.E.H.W.R. on April 14, 2014, 08:35:32 PM


And here I thought Switzerland used francs, not dollars...

Quote from: R.E.H.W.R. on April 14, 2014, 08:35:32 PM


Let us suppose that this is actually true.

Why do I find myself suspecting that Switzerland has different employment law for citizens and non-citizens?

Quote from: evensgrey on April 15, 2014, 08:04:49 AM
Let us suppose that this is actually true.

Why do I find myself suspecting that Switzerland has different employment law for citizens and non-citizens?

I just looked it up: it's actually 22 francs an hour, and 90% of Swiss workers already earn more than that. The Swiss franc is notoriously overvalued on the exchange market; right now, the rate is about .88, which is what they're using to get $25. But that metric is bogus for anything other than international trade; to see how much 22 francs is worth in Switzerland, you want to look at PPP or PPI. When you look at PPP, the current rate is 1.236, according to Daily Forex, making the franc about $17.80. But since we're talking about what producers can afford, PPI is really what you want. I couldn't find any direct PPI data between the two countries, but since US PPI is dropping like a brick, I think it's clear the real value is MUCH lower than $17.80!

That, plus the fact that Switzerland and Australia (another comparison they like to use) are both ranked above the US on the Index of Economic Freedom. Maybe if we made our economy as free as Switzerland, we'd be getting paid a LOT more!

"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

Quote from: MrBogosity on April 15, 2014, 08:27:44 AM
I just looked it up: it's actually 22 francs an hour, and 90% of Swiss workers already earn more than that. The Swiss franc is notoriously overvalued on the exchange market; right now, the rate is about .88, which is what they're using to get $25. But that metric is bogus for anything other than international trade; to see how much 22 francs is worth in Switzerland, you want to look at PPP or PPI. When you look at PPP, the current rate is 1.236, according to Daily Forex, making the franc about $17.80. But since we're talking about what producers can afford, PPI is really what you want. I couldn't find any direct PPI data between the two countries, but since US PPI is dropping like a brick, I think it's clear the real value is MUCH lower than $17.80!

That, plus the fact that Switzerland and Australia (another comparison they like to use) are both ranked above the US on the Index of Economic Freedom. Maybe if we made our economy as free as Switzerland, we'd be getting paid a LOT more!

it's easily lower than the current US minimum wage, as prices are very high in Switzerland already--especially in places like Zuerich.
Meh


"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

Quote from: FSBlueApocalypse on April 15, 2014, 07:25:44 PM


frankly, I find this depiction of a "Somolian" (it's Somalian, or Somali), to be racist.
Meh

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I like ventura but i really wish he wasnt such a statist :T
Avatar image by Darkworkrabbit on deviantart

Quote from: AnCapBrony on April 17, 2014, 04:15:34 PM
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I like ventura but i really wish he wasnt such a statist :T

Plus crazy.
"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

"The more laws and order are made prominent, the more thieves and robbers there will be."
Lao Tzu

Quote from: R.E.H.W.R. on April 18, 2014, 12:20:24 AM


Yet the folks on welfare and other free riders in govco get a free pass because why?

PS:  Congrats on 777 posts. XD
"When the mob and the press and the whole world tell you to move, your job is to plant yourself like a tree beside the river of truth, and tell the whole world—'No. You move.'"
-Captain America, Amazing Spider-Man 537

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My god what an arrogant, ignorant ass this Hartman fellow seems to be