@awealthofcs Seriously? (referring to 1974), no wonder both sides got behind the Motor Carrier Act of 1980. I have heard of Teamsters earning $58K in 1977. (That said, it was the result of working over 65 hours a week, and taking every holiday)
@PEEOTUS8 @BeschlossDC@NBCNews Actually, when he did the segment on CNBC, Brian Sullivan did mention that.
The point I was looking for was that Prez JEC pushed congress to get him a Motor Carrier Dereg bill, they did, and he signed in 1980.
IMHO, nothing has done more to contain inflation than that law.
@awealthofcs Ben, you have smart listeners. A lot of good input here.
I agree mostly with those who consider the possibility of accidents. Not only do 16-17 year olds do extremely stupid things while driving, but even when driving well, they have not mastered driving defensively.
@horrormuseum When I was working on my BA in Business, I had to watch my nephew, and he noticed my Accounting book.
He asked, "Uncle JP, what does an accounter do?"
I said "He counts! Counting, counting, vun two three four, vun two three four!".
He now has his MBA. Works in Finance.
@Kasparov63 When Saigon fell, my Vietnamese wife and her family were living in Tokyo.
This explains exactly why my FiL wanted to come to the US, rather than stay in Japan or move to France.
When he was naturalized, it was the first time he was a "citizen".
Prior, he was a "subject".
@maddenifico I like that he implies an understanding that there are checks and balances and constraints on the Presidency, and that the person in that position is not responsible for everything and cannot just "do" what they want.
@Chicago_History UGH! Brings back bad memories of when my father was aging, probably should not have been driving any longer.
Mis-judged a turn and wound up with his car straddling an island.
@TheLiverReturns @Matthewcanwrite @SRuhle@mcuban@maddow@ProjectLincoln@cnnbrk@CivicMediaUS@Liz_Cheney@MeidasTouch Well aware of that, hence my question.
If OPEC over-produces, thereby dropping the price of oil, (as they did in 2014 to damage US Oil production), it has a negative impact on US companies in the oil patch because our oil requires deeper drilling, which is more expensive.
@Matthewcanwrite @SRuhle@mcuban@maddow@ProjectLincoln@cnnbrk@CivicMediaUS@Liz_Cheney@MeidasTouch Am I correct in my reading of this situation, that, if our priority is to source our own oil, that we need to pay a little higher price per bbl?
My understanding, (from reading Bill Browder) is that Russian and Saudi oil is extremely cheap to drill, for technical reasons.
@mariashriver@ChrisDJackson My FiL worked for USOM/USAID in Saigon, 1955 into Nov, 1967. After he & family moved to DC in 1975, he was invited to a cocktail party at her home, (I think 1976) where he met George HW Bush.
It was a point of pride for him.
He passed away August 2, this year.