Can't say how effective this campaign can be, but I'm glad QR codes are now officially included in the list of bullshit. Can't agree more.
I've seen precisely one use of QR codes that was a benefit and that's with WhatsApp's web app, you point your phone at the screen and it instantly syncs your profile to the web app, I thought that was clever.
Death to Bullshit
101–110 of 217 posts
Re: Death to Bullshit
#102http://fonts.googleapis.com/css?family=Lobster' rel='stylesheet' type='text/css'>
Re: Death to Bullshit
#103Re: Death to Bullshit
#104Earlier quoted context omitted.
> But the profit made on the few clueless ones keeps the bullshit economy going You make it sound like the clueless ones are always the same people though. I certainly paid for my share of BS (and guilt-tripped my parents into paying before that) and now I feel like I'm not doing that any more (even though there was no point when I didn't feel this way..).
The clueless ones are usually newcomers e.g. to the Internet. Everyone of us got caught up in a scam at least once.
Re: Death to Bullshit
#105Earlier quoted context omitted.
The savings rate being low is insufficient to justify your claim that advertising does not create net demand. It's also possible that people choose to work more to afford more goods. I see Americans working very hard when I feel they would get more life satisfaction out of cutting expenses, primarily the big three: transportation, housing, and food.
You mean the 3 expenses that are entirely non-optional?
Re: Death to Bullshit
#106Advertising in the US doesn't create demand. It just moves it around. America is spent out. The US personal savings rate is under 5%. Everything else gets spent, and the saved money gets spent later. There's no "pent-up demand" waiting to be unlocked by advertising. Advertising is thus a net lose for Americans. All that effort adds to cost. For some products, including movies, long distance phone service, and many pr…
I have often suggested that the financial benefit of advertising seemed unconvincing. Advertising spending certainly has been shown to increase revenue, but how often does it come to pass that the revenue gain from advertising translates to a sufficient increase in gross-profit to cover the advertising expenditure?
Google is a company that is built on data and advertising. Surely they have the required information and the skills to analyse to give an answer.
Re: Death to Bullshit
#107Yeah let's get rid of trackers and unnecessary bullshit. After, of course, I load my Google tracker and accompanying LOBSTER font. http://fonts.googleapis.com/css?family=Lobster' rel='stylesheet' type='text/css'>
Re: Death to Bullshit
#108Advertising in the US doesn't create demand. It just moves it around. America is spent out. The US personal savings rate is under 5%. Everything else gets spent, and the saved money gets spent later. There's no "pent-up demand" waiting to be unlocked by advertising. Advertising is thus a net lose for Americans. All that effort adds to cost. For some products, including movies, long distance phone service, and many pr…
Wait, WHAT!? Advertising is a tax-deductible business expense? Why on earth?
Re: Death to Bullshit
#109Re: Death to Bullshit
#110Advertising in the US doesn't create demand. It just moves it around. America is spent out. The US personal savings rate is under 5%. Everything else gets spent, and the saved money gets spent later. There's no "pent-up demand" waiting to be unlocked by advertising. Advertising is thus a net lose for Americans. All that effort adds to cost. For some products, including movies, long distance phone service, and many pr…
This is why any economic recovery plans that don't focus on growing the income of middle- and lower-class americans is doomed to fail. The rich can already buy anything they want, and they're saving like crazy. Until we unleash more demand from the lower- and middle-class, all efforts are futile.
It's also why we should be focusing on, and supporting, raises in the minimum wage, reductions in work weeks (more demand for leisure goods and services), and decreased tax burden on the middle class.
This necessarily implies a (potentially dramatic) increase in taxes on the wealthy. They can afford it. If someone claims they'll cut and run to a tax haven country -- let them. We'll do better without them around.