*sniff*
*sniff*
I am telling you Howie, Dixtard is too stupid to make a troll.
*sniff*
*sniff*
I am telling you Howie, Dixtard is too stupid to make a troll.
It's a matter of balance, Dixie. You can increase the rate at which money transfers slightly, which is what we need now. Clearly, you can go to far with this. Raising the minimum wage by 5% or so is not going to suddenly produce 1000% a week inflation.
It's a matter of balance, Dixie. You can increase the rate at which money transfers slightly, which is what we need now. Clearly, you can go to far with this. Raising the minimum wage by 5% or so is not going to suddenly produce 1000% a week inflation.
*sniff*
*sniff*
Money has the same value to the employer as the employee. It therefore, makes the same amount of difference to each.
You want to view the employer as somehow not deserving of his profits which he gained from the efforts of the employee, and therefore, it is somehow justified that we take from the employer and give to the employee.
Now, what happens when we increase the "bottom rate" for labor, or "minimum wage" is that all lower-level income will precipitously increase, because that is the natural order of things... If Joe was making $7.25 and get's increased to $7.50, then Jim who makes $7.50 will demand $8.00... and so on. We can argue back and forth as to how much this would actually cause consumer prices to rise, or jobs to be lost.... but the bottom line is, it will ALWAYS be a negative effect. Regardless of how little or how much, is not the point. At this time, we don't need to be doing ANYTHING to cause a negative effect on business or hiring. If we were in a robust period of economic expansion, perhaps that would be an appropriate time to consider such a thing, because the negative effects would be inconsequential, and we could live with it. Right now, we can't live with what we have, we don't need to make things WORSE!
Most businesses right now are either frozen in wage
Most businesses blah blah blah blah blah blah. Blah, blah blah blah. Blah blah blah blah blah.
3% blah blah BLAH! Blah blah , I am an idiot, Blah blah.
hmmmm....The China news, posts a story of the WHO, praising the Communist health system, as a great achievement of the socialist revolution....So we have a communist propaganda outlet, touting a socialist orientated organizations findings, of a communist State....
Ah well, it must be the truth...:roll:
What you are building your stereotype around, is the false belief that people who live within their means have as much as they desire. If someone makes much less than me, but they've maxed out the credit cards, that's not MY fault, is it? They can't pay their bills because they weren't responsible with credit, and I can pay mine because I have been responsible and not over-extended myself... why do you think I should be punished for that, or that money doesn't mean as much to me? If I educated myself, and got a degree, and now make $100k a year, and my high school buddy dropped out and works at Burger King, why is his money more important to him than my money is to me?
You are confusing terms. Money has different psychological effects on those who have little of it compared to those who have much of it. If you give a hamburger to someone who's nearly starved to death, and also to someone who's just ate an all you can eat buffet, it's both the same amount of food and means a lot more to one than the other.
Society put into place the system that allowed the employer to benefit as he did, it has the right to change the system when such a change is for the common good. If the employer disagrees, let him go live in the wild with the animals and see how succesful he is.
It would have the effect of increasing the overall rate of money transfer in the economy, which is one thing the economy needs right. If we were in a robust period of economic expansion, then we wouldn't need such a measure, because the transfer of money would already be at a higher rate, and it would just further increase inflation. You live in an economic universe that's exactly the opposite of reality.
So you failed again? Keep trying.
Stop sniffing, Howard, I'm not letting you hump my leg!
Hey j-mac, wait until you get them so wound up they start speaking in unintelligible gibberish! It's coming!
Rube said:Damn, why didn't I see the South Carolina tag before. no wonder you are such a moron, but have no idea what a moron you are.
Tell ya what, go fuck yourself, and your sister/mama too.
Giving a hamburger to someone who's almost starved to death, would be a terrible thing to do; because they would probably just throw it back up.You are confusing terms. Money has different psychological effects on those who have little of it compared to those who have much of it. If you give a hamburger to someone who's nearly starved to death, and also to someone who's just ate an all you can eat buffet, it's both the same amount of food and means a lot more to one than the other.
Society put into place the system that allowed the employer to benefit as he did, it has the right to change the system when such a change is for the common good. If the employer disagrees, let him go live in the wild with the animals and see how succesful he is.
It would have the effect of increasing the overall rate of money transfer in the economy, which is one thing the economy needs right. If we were in a robust period of economic expansion, then we wouldn't need such a measure, because the transfer of money would already be at a higher rate, and it would just further increase inflation. You live in an economic universe that's exactly the opposite of reality.
I went back over the entire thread, and found that I was unfairly harsh. I apologize. It was Rune that has been the insufferable peckerhead since the beginning, and I shouldn't have knee jerked a response to you.
Sorry.
And we are all "teabagging" you, so open wide hack.
Since when is the minimum wage supposed to be a living wage?
It isn't supposed to be one. Yet that is what you and other liberals are obsessing about... that we 'need' to raise it. WHY? If you acknowledge that the minimum wage is not supposed to be the never defined liberal 'living wage' then what are you arguing about?
The "problem" (presumably poverty) will never be solved by one law.
The agony, the utter misery of some of the poorest of the working poor may be somewhat alleviated. That is the goal, and the only goal.
Now please, please show how the burden of an increased minimum wage has damaged the economy in the past.
Already answered. Please try to pay attention.
Note that my question, repeated in the post quoted here has still not been attempted by anyone.
I think I am catching on to your tactic... You get into an argument and get totally pwned, then you spend the rest of the day flooding the board with personal insults, until the pwnage is several pages back, and then you pretend as if you made some profound and brilliant point that was never refuted!
Now please, please show how the burden of an increased minimum wage has damaged the economy in the past.
This has been addressed. I addressed it personally, in a reply to your question about how it raises pay rates across the board. You'll remember I edited my reply, because I misread your question. The proof that raising the minimum wage causes inflation in consumer prices, is the lack of money trees. The increase means more money has to be generated from some source, and the ONLY source, ultimately, is the consumer. Now... most people familiar with economic principles, will concede that inflation is "damaging" to any economy. To what degree and how much, can be debated, but ANY increase would cause SOME inflation, because there are not magic money trees.