Minimum wage debate continues

Status
Not open for further replies.
The Dude said:
The average french and Italian family have twice the wealth of the American family!
We do have more rich, like those of us who got lucky enough to trip and land in the 1 percent.
Click to expand...

That's just it...they only see what they want to see....or what is spoon fed to them.
 
Steelplate said:
But the $6/hr number that YOU made up is arbitrary. How about the fat cats at the top make a little less and wait a little bit longer to be mega wealthy? Can't do that....can we?
Click to expand...

The $6/hour is not arbitrary. It is worth the market says it is worth. Your labor is worth what the market says it is worth. Nothing more, nothing less. Any more than that is arbitrary.

Now you just want to shout platitudes to make yourself feel good, that is fine. But, don't pretend you know anything about economics. You obviously do not.
 
Steelplate said:
And what good has it done us? Seriously...we have crappier products that are virtually disposable and more people.living in the dregs of our society....the ONLY.people it has benefited is the.people who were already wealthy to begin with...and a select few who learned how to nail shit together that had never been nailed together before....for the vast majority of the people....it's been a burden.
Click to expand...

which one are you?
 
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.
 
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.
Click to expand...
$12 and indexed to CPI
 
Steelplate said:
Bullshit. Government entitlements and paying working people a decent wage is not the same thing.
Click to expand...

Bullshit? Are we living in alternate universes? Why is the EU on the verge of breaking up if the economy is doing so well over there? Are you saying Greece, Spain, Italy etc. are in better financial condition than the U.S.?
 
cawacko said:
Bullshit? Are we living in alternate universes? Why is the EU on the verge of breaking up if the economy is doing so well over there? Are you saying Greece, Spain, Italy etc. are in better financial condition than the U.S.?
Click to expand...

How about the ones not on your list? The REASON they are in such dire straits is because they AREN'T the United States of Europe. They consolidated their monetary system, but left the poor countries to rot.
 
Steelplate said:
How about the ones not on your list? The REASON they are in such dire straits is because they AREN'T the United States of Europe. They consolidated their monetary system, but left the poor countries to rot.
Click to expand...

Unemployment in France is at a 15 year high at over 10% and they are in a recession.
 
Allow me to break off some maf fo you folks

The libtards claim their only desire in raising the minimum wage is so that the "po" who "through no fault of their own" mind you just can't get ahead and make some dough. Nope, those greedy 1%ers (whoever they are) are hoarding their cash.

Now, what is that magic number the libtard throw around that will magically transform the lives of the po and send us into economic prosperity? Some have said $10/hour and I have also heard $12/hour. So let's look at these numbers shall we?

At $10/hour and working 40 hours a week because lordy knows we can't ask them to work more than 40 hours, that comes to a grand total of $20,800/year. Life changing I know

At $12/hour and working 40 hours a week because lordy knows we can't ask them to work more than 40 hours, that comes to a grand total of $24,960/year. Time to place and order for that Tesla you always wanted

Now lets look at the poverty levels per our wonderful federal gobblement

http://aspe.hhs.gov/poverty/11poverty.shtml

As you can see for a family of four which is the gold standard of measuring these types of things, the poverty level in 2011 is $22,350.

So if we go with $10/hour as some suggest, it still keeps a family of four in poverty per federal statistics in 2011

If we go with $12/hour as some would suggest, they are out of poverty by a grand total of $2,610

Now nobody would turn down a raise of $2600 a year, but let's not kid ourselves it is hardly going to catapult that family into the middle class.

So lets stop pretending libtards. If you want to fix it, then fucking fix it. Make the minimum wage $100,000 a year and call it a day
 
cawacko said:
Bullshit? Are we living in alternate universes? Why is the EU on the verge of breaking up if the economy is doing so well over there? Are you saying Greece, Spain, Italy etc. are in better financial condition than the U.S.?
Click to expand...
They are no where near breaking up!
Drama queen much?
 
The Dude said:
They are no where near breaking up!
Drama queen much?
Click to expand...

While I would not be shocked if the EU doesn't last yes I was a little over the top. A break-up is not imminent but it's been mentioned so it's been heard on (at least a few) people's lips.
 
Steelplate said:
You're a moron. An influx of extra cash to allow people to.live in their OWN FUCKING COUNTRY is not the equivalent of $100k/year. That's the problem with ignorant fucks like you....you don't think there's any solution besides allowing greedy rich fucks to attain as.much as they can while the masses suffer.

There's only so much room at the top and something's got to give. The poor and working class can't afford anymore, and the VITAL middle class is shrinking at a frightening pace. The money is going into the pockets of the Greedy Bastards at the top of the food chain. But even they have to realize that if all the levels below them collapse, then their wealth isn't worth squat anyway.
Click to expand...
The middle classes?
The ones the democrats are taxing out of existence?
For their own good I'm sure!!
The minimum wage has failed, driven down income, increased poverty.
Your fix?
A bigger minimum wage?

Repeating the same act hoping for a different outcome.

What does that define again?
 
Kane said:
I have a dream, where if you don't have an actual skill, you don't have any job at all. And I'm proud to say we're fast approaching that kind of world.
Click to expand...

Your complaints are missing the mark....the discussion I put forth is the insanity of how NON-RICH folk bitch and moan against AT LEAST a COLA increase in the minimum wage and blame all economic ills on the greed of the worker....yet they're mute when it's pointed out that the NON-Rich folk are subsidizing corporations that OUT SOURCE jobs, who lay off workers and then claim record profits, are against unions to bargain for their wages, and then grant golden parachutes to execs and managers who FAIL at their jobs.

Bottom line: the salary of the people who serve you your food at diners and restaurants does not dictate the pace and standing of the economy...and if people cannot afford the very products that they work to produce overall, then your economy suffers.
 
cawacko said:
Do you see the current economic condition many European countries are in? Not a whole there to envy.
Click to expand...

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?
 
cawacko said:
While I would not be shocked if the EU doesn't last yes I was a little over the top. A break-up is not imminent but it's been mentioned so it's been heard on (at least a few) people's lips.
Click to expand...
.
Cawacko, no offense you said you were in finance!
Your not big on investing and international economics right!
 
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?
Click to expand...
Cawacko is wrong on the face of his statement, he kinda sorta heard a right wing hack say it on fox.
 
Status
Not open for further replies.
Back
Top