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Income Inequality

Bamabuzzard

Bamabuzzard

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uafan4life said:
I don't think I've ever walked into a casino that wasn't set up like this.

IMHO, there's only one healthy way to look at gambling: money spent on entertainment. You have to go in with the mindset of "I'm going to spend X dollars for however much entertainment that will get me." And then you leave either once you've spent that X dollars - and not a penny more - or once you've gotten your fill of entertainment. And that X dollars needs to be a reasonable amount, comparable to whatever else you would reasonably budget for a few hours of entertainment - such as for a round of golf. If you can't afford to spend more than $50 on an average round of golf, you can't afford to spend more than $50 at the casino.

If you can truly approach it with this mindset, then you'll never leave a casino upset. Generally, you'll leave having spent X dollars. Occasionally, you'll leave having spent less. Once in a while, you'll leave having been paid to enjoy some entertainment - though this is usually very rare.

If you can't truly approach it with this mindset, you have no business walking through the door.
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There are more of ^^^^ these people in the casino than the former.
 
B

Bodhisattva

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When I lived in Virginia Beach I knew a guy who was always in debt, and when he scrapped together some extra money ..... he went to Atlantic City. I called it "the Hail Mary of personal finance." He went (read: lost) there often enough to receive some nice comps - enough to convince him that even when he lost he really won. Casinos were built for mentalities like this. I tagged along with his droogs one time. I took a little money to gamble with and claimed the unwanted tickets to additional entertainment. While these guys lost thousands each, I walked away with a couple hundred extra bucks and got to watch a UFC event.
 
Jessica4Bama

Jessica4Bama

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The one and only time I’ve been in a casino, I didn’t take my wallet in because I knew I might end up spending more than I’d like. I just put $200 in my pocket and that was all I was going to spend. I walked out of there with roughly $280. Not too shabby.
 
D

deliveryman35

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One reason that wage figures have stagnated is because of the soaring cost of employer-provided healthcare. What would have gone toward more take home pay is now sucked up by rising insurance premiums and the portion that employees have to pay for their coverage. Factor all that money in and wages HAVE actually increased very steadily over the last 15 years.
 
92tide

92tide

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bama_wayne1 said:

I'm sure it will be well received.
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like so many things that are breathlessly posted to pwn the libs, i have a feeling that this take on what google did is an overstatement.

from the article

The New York Times reports that after Google discovered the disparity, the company paid out $9.7 million in additional compensation to 10,677 employees, with what the Times called a “disproportionately higher percentage of the money” going to men.
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the additional compensation works out to $908.50 to each of the 10,677 employees (roughly 10% of their employees)

not a lot of broad conclusions that can be drawn from that. but it was a sensational headline.

from the nyt article said:
Company officials acknowledged that it did not address whether women were hired at a lower pay grade than men with similar qualifications...

In response to the study, Google gave $9.7 million in additional compensation to 10,677 employees for this year. Men account for about 69 percent of the company’s work force, but they received a higher percentage of the money. The exact number of men who got raises is unclear.

The company has done the study every year since 2012. At the end of 2017, it adjusted 228 employees’ salaries by a combined total of about $270,000. This year, new hires were included in the analysis for the first time, which Google said probably explained the big change in numbers.
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