Minimum wage debate continues

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The Dude said:
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Cawacko, no offense you said you were in finance!
Your not big on investing and international economics right!
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I'm in real estate investment. Yes I have money in the market but it's a long-term hold. Any real investment money I have goes towards real estate.
 
Rationalist said:
What should it be raised to? I'd have no objections to raising it to $10/hour. But beyond that, I think we're going to see some unintended consequences, particularly in parts of the country where the cost of living is well below the national average.
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the $10 mark essentially is a "catch-up" for the years of nickel and dime efforts to give minimum wage workers a fighting chance when Wall St. screws up and large corporations out source. Beyond that, we'll have to get our entire financial house in order so that the minimum wage can adjust accordingly.
 
cawacko said:
I'm in real estate investment. Yes I have money in the market but it's a long-term hold. Any real investment money I have goes towards real estate.
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Ok I'm a stock/economics dork!
France and Italy have double the net worth of the average America family.
They are in no immediate trouble, that's fox bs
 
Taichiliberal said:
You can thank the hefty contributions of the shennanigans our banks and Wall St. pulled via the housing market debacle for that. Remember who cooked the books for Greece to join the EU?

But to get off that detour....how in God's name can you be against a COLA in the minimum wage?
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The economies of countries like Spain, Italy, France and Greece are not all tied to Wall St and the U.S. housing market.
 
The Dude said:
Ok I'm a stock/economics dork!
France and Italy have double the net worth of the average America family.
They are in no immediate trouble, that's fox bs
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I don't watch Fox so when you're talking with me you don't need to use that reference. I would guess you probably read The Economist. It's by far my favorite magazine. If you read it you know it backed Obama in both elections so it's not some right-wing rag. They have spoken for months about the economic problems in the E.U. and individual countries within the E.U.

I'm not bashing Europe to try and make myself feel better about the U.S. economy many countries are in Europe are really struggling right now.
 
cawacko said:
The economies of countries like Spain, Italy, France and Greece are not all tied to Wall St and the U.S. housing market.
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They had similar real estate bubbles, not france but Spain and Greece.
Tax evasion in Greece is a national sport.
But it's smaller tHan Rhode Island
 
cawacko said:
I don't watch Fox so when you're talking with me you don't need to use that reference. I would guess you probably read The Economist. It's by far my favorite magazine. If you read it you know it backed Obama in both elections so it's not some right-wing rag. They have spoken for months about the economic problems in the E.U. and individual countries within the E.U.

I'm not bashing Europe to try and make myself feel better about the U.S. economy many countries are in Europe are really struggling right now.
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They offer way more unemployment. France is in recession, Germany and uk are not.
Again no where near breaking up.
A magazine!
Are you 90
 
The Dude said:
They offer way more unemployment. France is in recession, Germany and uk are not.
Again no where near breaking up.
A magazine!
Are you 90
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Haha! It's the only magazine subscription I have although I do end up reading it more on my iphone than the actual magazine.
 
cawacko said:
The economies of countries like Spain, Italy, France and Greece are not all tied to Wall St and the U.S. housing market.
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Wrong. Do your homework as to how the housing market scam effected the world economy...especially the EU. And again, go look and see who cooked the books for Greece to get into the EU in the first place.

But again, this is a detour as to the original topic of discussion. What is your stance on that?
 
A lot of European communities bought the dogshit securities Wall Street was selling that were worthless.
My guess is they are less tied to Wall Street now.
 
Taichiliberal said:
Wrong. Do your homework as to how the housing market scam effected the world economy...especially the EU. And again, go look and see who cooked the books for Greece to get into the EU in the first place.

But again, this is a detour as to the original topic of discussion. What is your stance on that?
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Yes the U.S. housing market affected European countries economies. No question about that. I was simply saying their economies aren't solely based on that.

I'm a free market guy. I'm of the belief that higher minimum wages help the individual that has a job but ultimately hurts those looking for one (especially young people). I've read both sides of this argument and I understand why some people want it raised. I'm not heartless to those who are struggling. I ultimately don't think having the government forcing businesses to pay a certain amount is a benefit in the long run.
 
The Dude said:
They offer way more unemployment. France is in recession, Germany and uk are not.
Again no where near breaking up.
A magazine!
Are you 90
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So, let me get this straight. Anyone who reads print gets a blast of ageism. And the reason for this is? Have you demonstrated that one reads electronic sources more carefully ( the evidence says otherwise). Are there IQ tests that suggests some deficiency in those who still read print? Is it just a money issue? (Good luck in getting any meaningful, well-researched sources when the print sources decide to stop subsidizing your use of them online). Try reading a difficult literary work online (say Ulysses) online and then get back to me. Of course, you always have the option of declaring all pre-internet sources as worthless, but I really hope you won't go there. 90 is only an insult to those who have no knowledge of what if feels like.
 
open mind said:
So, let me get this straight. Anyone who reads print gets a blast of ageism. And the reason for this is? Have you demonstrated that one reads electronic sources more carefully ( the evidence says otherwise). Are there IQ tests that suggests some deficiency in those who still read print? Is it just a money issue? (Good luck in getting any meaningful, well-researched sources when the print sources decide to stop subsidizing your use of them online). Try reading a difficult literary work online (say Ulysses) online and then get back to me. Of course, you always have the option of declaring all pre-internet sources as worthless, but I really hope you won't go there. 90 is only an insult to those who have no knowledge of what if feels like.
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It was a harmless razzing with a buddy!
Sorry your panties are soo bunched up!
 
open mind said:
So, let me get this straight. Anyone who reads print gets a blast of ageism. Ahttp://www.justplainpolitics.com/newreply.php?do=newreply&p=1243367nd the reason for this is? Have you demonstrated that one reads electronic sources more carefully ( the evidence says otherwise). Are there IQ tests that suggests some deficiency in those who still read print? Is it just a money issue? (Good luck in getting any meaningful, well-researched sources when the print sources decide to stop subsidizing your use of them online). Try reading a difficult literary work online (say Ulysses) online and then get back to me. Of course, you always have the option of declaring all pre-internet sources as worthless, but I really hope you won't go there. 90 is only an insult to those who have no knowledge of what if feels like.
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Don't take that kind of post seriously. You'll soon learn that folks like The Dude just aren't worth it.
 
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