i don’t expect the fed to fix everyone’s problems… let them hire the best of the best, and let us internalize the benefits… i’m sure i don’t fully understand the significance of this, but from where i sit, in my fancy office chair in front of a very fancy home office setup (not to brag ;P), i see absolutely no compelling reason as to why hiring the best is a bad thing. is the accusation that the FED is trying to lowball american economists? somehow i am dubious, but am beyond open to being wrong.
The sooner people realize that there is no such thing, the better. People are extremely incompetent in judging competence. With that said, the solution isn't to then just hire the person willing to do the work for the least amount of money. You americans should realize you live in a society together and have obligations to give each other chances. Plenty of bright people around. This new top down command and control culture that has taken root in the American corporate world will be the downfall of the nation. Everyone is just trying to screw over the next guy for a quick buck.
I could prove you wrong, but you don’t seem very open to it and I can’t under why you had to brag about how fancy your office is, so I’m not going to get started. But I don’t think you know what you’re talking about.
uhhh my office is fancy because i spend more money than i can afford on techno-gadgets-- a common nerd affliction that has nothing to do with conspicuous consumption, as you seem to feel the need to imply with essentially no justification. and if the proof were so goddamn easy, you'd think you'd just go ahead and just type it out, because then we could all go home after i give you my rubber QED stamp of approval... for someone as pedantic as you seem to be, you really seem to have an abusive relationship with the english language. apparently someone having a bunch of the computers in their office because they are a hoarder nerd makes them bourgeois.