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Old 06-03-2020, 05:23 PM
 
5,956 posts, read 1,749,730 times
Reputation: 10430

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Quote:
Originally Posted by lieqiang View Post
I'm not sure that someone who used to write down the manifest numbers with a pencil in 1970 but now uses a barcode scanner to accomplish 5x more in the same amount of time deserves to earn more (inflation adjusted) money for that time. They are paid for their labor and both are simple jobs that require little training.

The company had to buy the barcode scanenr and computer system that goes with it, somewhere some engineers are making more money from having designed it and their job is far more complex than the guy scanning at the warehouse.
His name was Jerome "Jerry" Lemelson. For much of his career, he was an independent inventor -- aka "patent troll," with over 600 patents. He employed a technique known as a "submarine patent," intentionally delaying the issuance (and publication) of a inventions for years and years, and with regard to his "machine vision" patents, delayed them for decades, all the while being undisclosed. His signature patents were culled from Sci Fi novels, where he lifted interesting and not-yet-possible ideas from the pages and wrote patent applications for them. Over time, as technology improved, he would amend the patent applications to incorporate new developments.

The essential barcode scanner patents were originally machine vision patents, and he used various technical tricks to make amendments to the claims of the patents, thereby moving the patent application to the bottom of the "in-basket" at the USPTO. Once the market for barcodes was established, he let his submarine patent go through to issuance -- and lo and behold, his patents were "first to file" way back when, and they covered machine vision of barcodes scanning. And he went around suing everyone - not the barcode scanner companies, but any company that used barcodes somehow, such as airlines in your example, or GM & Ford for using barcodes to keep track of inventory, etc etc.

He cleared well over $1.3 billion dollars from his patent trolling efforts over his career, it has been estimated.
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Old 06-03-2020, 06:24 PM
 
Location: Niceville, FL
8,584 posts, read 17,142,751 times
Reputation: 9597
Quote:
Originally Posted by djohnslaw View Post
Greedy is people having kids they can't afford expecting others to pay for them
Once you move beyond a 90% farming society, everyone including the poorest households in the country are subsidizing the kids via school taxes, taxes for parks and recreation and state budgets that fund higher education and technical training.

It really does take a village to raise a child as the saying goes. (Even most homeschoolers typically rely on public museums, youth symphonies and options for their teenagers to take advanced math and science classes at local community colleges) And that investment in youth development is what helps keep the country among global leaders.
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Old 06-04-2020, 07:42 AM
 
3,625 posts, read 1,487,361 times
Reputation: 9479
Quote:
Originally Posted by beachmouse View Post
Once you move beyond a 90% farming society, everyone including the poorest households in the country are subsidizing the kids via school taxes, taxes for parks and recreation and state budgets that fund higher education and technical training.

It really does take a village to raise a child as the saying goes. (Even most homeschoolers typically rely on public museums, youth symphonies and options for their teenagers to take advanced math and science classes at local community colleges) And that investment in youth development is what helps keep the country among global leaders.
I make a distinction between schools, parks and recreation, etc. available to all and those programs that are available only to those with incomes under a certain level. I'm 67. I have no need for a good school system but am happy to pay taxes to support one. I suspect djohnslaw is referring to people who depend on the taxpayers for extra money for food, Medicaid, Section 8 housing, etc. and continue to have children.
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Old 06-05-2020, 01:14 PM
 
Location: Frisco, TX
1,818 posts, read 876,478 times
Reputation: 2902
https://www.investors.com/market-tre...work-earnings/

Big time stock market gains as the unemployment rate drops and the country adds over two million jobs in the month of May.

I still think the Dow is grossly overvalued; I think 15,000 is a more appropriate number.
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Old 06-05-2020, 03:18 PM
 
8,284 posts, read 2,373,980 times
Reputation: 7146
Quote:
Originally Posted by Trumpslapdog View Post
Greedy is anyone that wastes money on useless items made in foreign countries. Your summary is correct, but it applies to the rich that want handouts from their ignorant spending habits.
You might want to provide an example of how the less fortunate are dragging you down and what your contributing that your depriving yourself from having.
What does that even mean? lol
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