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RE: Minimum wage - 6/30/2006 3:47:25 AM   
ArtCatDom


Posts: 478
Joined: 1/20/2005
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quote:

ORIGINAL: NeedToUseYou

quote:

ORIGINAL: ArtCatDom

NTYU,

I wrote them and asked from which citation they derived the information regarding cash assistance and education filling work requirements in New York State. I can tell you as a resident of New York State, that in no less than three counties that this is simply not true. In one county, they count student aid as income. In the other two I am aware of people's experiences in, school hours were rejected as work hours. Regulations or laws that aren't used, hardly can be said to have an impact.

I also asked them to clarfy this discrepency:
quote:

Since 1996, 49 states, with the sole exception of Oklahoma, and the District of Columbia have passed legislation and/or taken administrative actions to allow postsecondary education to count as a work activity under TANF (Center for Women Policy Studies, 2002). Since 1996, 49 states, with the sole exception of Oklahoma, and the District of Columbia have passed legislation and/or taken administrative actions to allow postsecondary education to count as a work activity under TANF (Center for Women Policy Studies, 2002).


quote:

Nineteen states and the District of Columbia allow postsecondary education to count as work for longer than 24 months -- Alabama, Arkansas, California, Colorado, Delaware, Georgia, Hawaii, Illinois, Iowa, Maine, Massachusetts, Missouri, Montana, New Jersey, North Carolina, South Carolina, Vermont, Wisconsin, and Wyoming. Georgia is the only state that allows recipients to enroll in graduate programs.


And I also asked for the source citation of their claim about child care and transportation, as in at least New York State this is misleading, at best, since here you are required to fulfill work requirements to receive child care assistance. Also, transportation assistance in New York is almost practically nonexistant.

This source seems riddled with assertions contrary to realities on the ground. However, I'll withhold complete judgement until they get back to me about the relevent citations.

-weary


hmmm, well,  man, I'll tell you just take my word on it, she went to college on public aid in Illinois. I'm to tired to find a better source. LOL. It took about a half an hour to hunt that one down.  I don't know what law, loophole, that allowed it but it occured.

Good luck



I do appreciate the source! (They seem to have good citations and it's possible their sources conflict. It's also likely that they may not have used their citations with completely honesty, given the conflicts. (The District of Columbia contradiction being most notable.)) Researching it more, it really seems to vary from county to county and metro to metro. Interestingly enough, Illinois and California apparently have the most "lax" work requirements. (That is to say they've made it very difficult to not fulfill the work requirements if you're doing something with your time.) Based on what I've found so far, an experience like your friend's (relatively easy access to public assistance with school fulfilling work requirements) would not be outside the norm in Illinois and California.

I apologize for oversimplfying the issue in the first place. However, I would still stress that most states have restrictions far more harsh than Illinois and California. New York (where I live) among them.

-weary


< Message edited by ArtCatDom -- 6/30/2006 3:49:53 AM >

(in reply to NeedToUseYou)
Profile   Post #: 61
RE: Minimum wage - 6/30/2006 7:13:53 PM   
UtopianRanger


Posts: 3251
Status: offline

quote:

It certainly has not lost that much value by measure of inflation alone.

What currency exchange are you using as the basis for this assertion?

-weary


 
Weary..... Have a bad night last night? lol!

First let me say {Before we confuse a bunch of folks} the effects of inflation are defined as a rise in an overall average level of prices. Whereas the effects of a depreciated dollar are defined as a rise in dollar prices for imported goods&sevices with a stable fiat currency.  

I think you may have misinterpreted my post, because you are confusing inflation with the depreciation of the dollar against other currencies. If the United States had an inflation rate of forty percent, we’d see people jumping out of buildings and mobs in the street; reminiscent of Argentina, ala 2001 

But the depreciation of the dollar against the Euro causes hyper-inflation in some areas of imported goods. Take for instance petroleum products: Since oil is bought and sold in dollar denominated market/mercantile exchanges, that means when the Abdullah’s from the middle east sell a barrel of oil and receive ''depreciated dollars'' for currency and then take those dollars and try to purchase a Rolls Royce, they realize that the dollar no longer has the same purchasing power it once did, so they raise their prices to compensate. I'm not sure why the mainstream new never talks about this, but I can guarantee you this plays a bigger part than most think with these high oil prices.
 

I'm not sure how long you have been paying attention to the markets, but I can remember watching congressman and senators on shows like ''Larry King'' and ''Crossfire'' back in the late 1990's - 2000 actually making fun at the prospect of this new currency called the ''Euro'' coming to fruition and then competing against the dollar as a reserve currency. Many of these congressman and senators said it would never even ''get off the ground''. So when it opened up in late 2000 at something in the neighborhood of 75 cents to the dollar, and today is in the neighborhood of 120 -130 to the dollar, that my friend represents somewhere close to a forty percent devaluation in the dollar no matter how you look at it. HAR!



 - R

< Message edited by UtopianRanger -- 6/30/2006 7:16:40 PM >


_____________________________

"If you are going to win any battle, you have to do one thing. You have to make the mind run the body. Never let the body tell the mind what to do... the body is never tired if the mind is not tired."

-General George S. Patton


(in reply to ArtCatDom)
Profile   Post #: 62
RE: Minimum wage - 7/1/2006 12:45:25 AM   
ArtCatDom


Posts: 478
Joined: 1/20/2005
Status: offline
Get your facts straight and come back to the table. Compared to introduction price, there's been about a 8.5% devaluation of the dollar using current price compared to introductury price.

http://en.wikipedia.org/wiki/Euro#Against_other_major_currencies

-weary

(in reply to UtopianRanger)
Profile   Post #: 63
RE: Minimum wage - 7/1/2006 3:53:51 AM   
UtopianRanger


Posts: 3251
Status: offline
quote:

ORIGINAL: ArtCatDom

Get your facts straight and come back to the table. Compared to introduction price, there's been about a 8.5% devaluation of the dollar using current price compared to introductury price.

http://en.wikipedia.org/wiki/Euro#Against_other_major_currencies

-weary


Weary.....

Here is my original post you responded to :

quote:

Not only that.... but if your dealing in fiat currency, like the dollar, it's depreciated {On purpose} between thirty-eight and forty-five percent in the last seven-year span of the Bush presidency. So you better have a hellva good hedge if you just wanna break even


 If we look at the information in your wikipedia link, which clearly says that right around the time of inauguration the dollar was basically in a free-fall, with the Euro trading at right around 0.8775{during Bush as stated per my original post} and compare that with where they are today  -- which says that the Euro is now trading right at 1.2713 and the dollar at . 078-- What I stated in my post is right on the money.

Also... if you go back and look at other posts I've made with regard to this subject, the time periods either mention or are in the context of the Bush presidency.     The only incorrect fact stated, was the figure I ''ball parked'' - The opening position of the Euro at the time of the Bush presidency {.075 } . But if you see something else, by all means let me know - But I don't think so! lol!  



- R

< Message edited by UtopianRanger -- 7/1/2006 4:06:47 AM >


_____________________________

"If you are going to win any battle, you have to do one thing. You have to make the mind run the body. Never let the body tell the mind what to do... the body is never tired if the mind is not tired."

-General George S. Patton


(in reply to ArtCatDom)
Profile   Post #: 64
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