Raise The Minimum Wage!

Rune said:
Start by showing how a 10% increase in the SMALLEST segment of the labor market will cause the ENTIRE economy to inflate by 10.1% (IDIOT).
After you post said proof, I will read the rest of your diatribe and respond, if appropriate.
Until then, please shut the fuck up. Your constant repetition of the same unproven, incorrect theories is boring as hell.
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Dixtard? Nothing? I didn't think so.
 
Rune said:
Start by showing how a 10% increase in the SMALLEST segment of the labor market will cause the ENTIRE economy to inflate by 10.1% (IDIOT).
After you post said proof, I will read the rest of your diatribe and respond, if appropriate.
Until then, please shut the fuck up. Your constant repetition of the same unproven, incorrect theories is boring as hell.
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Okay... verrrry slooooowly...... Because there are not magic money trees! That's WHY! That's the PROOF!

The money to pay for the increased wage has to come from someplace. Even the extra money that is realized as a benefit before the market adjusts, has to come from someplace. Money does not grow on magic money trees, therefore, it HAS to come from the consumer in the form of higher prices. You admit that when you say: "Every time it is raised, until inflation EVENTUALLY catches up." But the part you aren't comprehending is, the money realized between the time it is raised and until inflation eventually catches up, also has to come from someplace... and we don't have magic money trees. So what happens is, when inflation finally does catch up, it has to also compensate for what it lost during the catching up, thus the .1% extra which I conservatively added.

You see.... When you believe in the magic money trees.... then you can rationalize where people would benefit and gain something in the short period of time between the actual raise in their pay and the increased prices of goods and services. And on that basis, you think this would be a "good" thing... and I can see that, IF I believed in the magic money trees, I would think the same thing. Honestly!
 
a 10% increase in the SMALLEST segment
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and this has already been debunked as well... it wouldn't be "the smallest segment" effected, we already know that. It never is ONLY people making min. wage, who see an increase in pay when we raise it. Remember the example I gave earlier? Joe get's a $.50 raise, so Jim who makes $.50 more than Joe demands one too? Or was that point made during a period in which you were "ignoring" me?
 
Dixie said:
Okay... verrrry slooooowly...... Because there are not magic money trees! That's WHY! That's the PROOF!

The money to pay for the increased wage has to come from someplace. Even the extra money that is realized as a benefit before the market adjusts, has to come from someplace. Money does not grow on magic money trees, therefore, it HAS to come from the consumer in the form of higher prices. You admit that when you say: "Every time it is raised, until inflation EVENTUALLY catches up." But the part you aren't comprehending is, the money realized between the time it is raised and until inflation eventually catches up, also has to come from someplace... and we don't have magic money trees. So what happens is, when inflation finally does catch up, it has to also compensate for what it lost during the catching up, thus the .1% extra which I conservatively added.

You see.... When you believe in the magic money trees.... then you can rationalize where people would benefit and gain something in the short period of time between the actual raise in their pay and the increased prices of goods and services. And on that basis, you think this would be a "good" thing... and I can see that, IF I believed in the magic money trees, I would think the same thing. Honestly!
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So you can find no evidence that the benefit does not outweigh the cost from previous times the minimum wage has been raised?
I thought that would be the case.
Thankyou, you are dismissed.
Run along and play now.
 
Dixie said:
and this has already been debunked as well... it wouldn't be "the smallest segment" effected, we already know that. It never is ONLY people making min. wage, who see an increase in pay when we raise it. Remember the example I gave earlier? Joe get's a $.50 raise, so Jim who makes $.50 more than Joe demands one too? Or was that point made during a period in which you were "ignoring" me?
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What you just can't seem to take into your thick skull is that your words are not proof to me. You can repeat yourself until your tonuge falls out.
Until you publish a chart or some other real evidence, you have proven nothing.
Since you clearly cannot come up with a SINGLE proof, you have lost.
 
Rune said:
So you can find no evidence that the benefit does not outweigh the cost from previous times the minimum wage has been raised?
I thought that would be the case.
Thankyou, you are dismissed.
Run along and play now.
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I have no idea how you derived the polar opposite of what I said from what I actually said.

The "cost" will always outweigh any benefit in the short term, because it has to generate the money from someplace... no magic money trees!

That's why raising the MW for 40 years, hasn't ultimately helped one thing, and we still have the exact same situation that we will always have.
 
Rune said:
What you just can't seem to take into your thick skull is that your words are not proof to me. You can repeat yourself until your tonuge falls out.
Until you publish a chart or some other real evidence, you have proven nothing.
Since you clearly cannot come up with a SINGLE proof, you have lost.
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Gee... I am so sorry Runed.... Whenever Micheal Moore and the Left-Wing loons of the world start flooding the Internet with op-eds about how these are FACTS... I will gladly post something for you! Until then, I don't know what to tell you to do... remain ignorant, I suppose?
 
Rune said:
Dix, if it has happened so often, you should have no trouble finding some articles which prove it.

Oh, and sorry, but as usually happens with SF, he left without responding to my last post.
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What was your last post? You do realize I do not hang out here 24/7???
 
Superfreak said:
What was your last post? You do realize I do not hang out here 24/7???
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You will probably need to wade through two pages of back and forth insults and myopic nit-picking over semantics to find it. He's like a cat trying to cover his turd, he just spews out pages of nonsense to hide the points which buried his argument, then starts all over again, proclaiming he hasn't been refuted.
 
Dixie said:
I have no idea how you derived the polar opposite of what I said from what I actually said.

The "cost" will always outweigh any benefit in the short term, because it has to generate the money from someplace... no magic money trees!

That's why raising the MW for 40 years, hasn't ultimately helped one thing, and we still have the exact same situation that we will always have.
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Yes I understand that is your opinion.

My question is; do you have ANY empirical proof?
 
Superfreak said:
What was your last post? You do realize I do not hang out here 24/7???
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I asked you and every other conservative to prove, using facts, charts or whatever, that raising the minimum wage will cause more damage to the economy than benefit.

In other words, just saying so is not proof. This is at least the third (3x1 for Dix) time I have asked you personally.
 
Rune said:
I asked you and every other conservative to prove, using facts, charts or whatever, that raising the minimum wage will cause more damage to the economy than benefit.

In other words, just saying so is not proof. This is at least the third (3x1 for Dix) time I have asked you personally.
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I'll give you an experiment to prove this....

Get 10 $1 bills and put them in a pile on a table. This represents ALL the money in our economy. Now, take $1 and separate that from the pile, you should now have $9 in one pile and $1 in the other. The $1 represents the minimum wage. Now.... take another dollar from the large pile and add it to the MW pile, so that you now have $2 in that pile... you have increased the MW. Finally, count the money in the larger pile. IF you come up with more than $8, then you have successfully increased the minimum wage without effecting the overall economy, and if you come up with $8 or less, you haven't. Now, count the money in BOTH piles... if they add up to more than $10, then you have "helped" the situation. If you come up with $10, then the situation has remained the same.
 
Dixie said:
I'll give you an experiment to prove this....

Get 10 $1 bills and put them in a pile on a table. This represents ALL the money in our economy. Now, take $1 and separate that from the pile, you should now have $9 in one pile and $1 in the other. The $1 represents the minimum wage. Now.... take another dollar from the large pile and add it to the MW pile, so that you now have $2 in that pile... you have increased the MW. Finally, count the money in the larger pile. IF you come up with more than $8, then you have successfully increased the minimum wage without effecting the overall economy, and if you come up with $8 or less, you haven't. Now, count the money in BOTH piles... if they add up to more than $10, then you have "helped" the situation. If you come up with $10, then the situation has remained the same.
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I see. Still no actual proof.
You tire me greatly at this point.
If you can find proof of your position, please post it.
 
Rune said:
I asked you and every other conservative to prove, using facts, charts or whatever, that raising the minimum wage will cause more damage to the economy than benefit.

In other words, just saying so is not proof. This is at least the third (3x1 for Dix) time I have asked you personally.
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I guess Simplefreak doesn't hang out here during the day either.
 
Dixie said:
I'll give you an experiment to prove this....

Get 10 $1 bills and put them in a pile on a table. This represents ALL the money in our economy. Now, take $1 and separate that from the pile, you should now have $9 in one pile and $1 in the other. The $1 represents the minimum wage. Now.... take another dollar from the large pile and add it to the MW pile, so that you now have $2 in that pile... you have increased the MW. Finally, count the money in the larger pile. IF you come up with more than $8, then you have successfully increased the minimum wage without effecting the overall economy, and if you come up with $8 or less, you haven't. Now, count the money in BOTH piles... if they add up to more than $10, then you have "helped" the situation. If you come up with $10, then the situation has remained the same.
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The problem is that money's always flowing into the economy too, not just going out. Maybe not as much money as we'd like, but the economy pile isn't static.
 
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