Biden's proposal to raise minimum wage to $15 could kill up to 3.7M jobs, CBO estimates

Discussion in 'Current Events' started by doombug, Jan 21, 2021.

  1. dagosa

    dagosa Well-Known Member

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    You obviously refuse to read the entire post, just like you didn’t read the passed 15 dollar minimum wage bill.
     
  2. Bearack

    Bearack Well-Known Member

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    If that was the case, why is it that the DNC refuses to even consider a flat tax? That would 100%, unequivocally ensure corporations and billionaires pay their fair share. Or are they concerned with everyone having skin in the game?
     
  3. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    Results show otherwise. After you address my example, I have more.
     
  4. Bearack

    Bearack Well-Known Member

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    Extremely reasonable response. I've always been a proponent of supply and demand and quality over quantity. Entry level positions were never intended to be career position and maybe we need to find out why so many adults in today's society do not have the moxy to improve their ability to earn a better living. When I see 40+ years working the counter at McDonald's, which was once a work bastion for teens and young adults earning some extra cash, I truly wonder what happened to our society in a mere 20+ years.
     
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  5. Jack Hays

    Jack Hays Well-Known Member Donor

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    Politicians don't start recessions. Keynes is taught just as many economists are.
     
  6. Jack Hays

    Jack Hays Well-Known Member Donor

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    The entire post was one sentence long. I think I got it all.
     
  7. Jiminy

    Jiminy Well-Known Member

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    If you what a debate, try facts and not right-wing machinations such as falsely claiming that the left wanted unqualified buyers to purchase homes when the fight was over QUALIFIED buyers being led into sub-prime mortgages by lenders
    It turned out that several of the major banks had been purposely giving people of color subprime mortgages, including borrowers who would have qualified for a prime loan. The City of Baltimore took Wells Fargo to court, bringing some of the banking giant's abhorrent lending practices to light. One former employee testified that in 2001, Wells Fargo created a unit that would be responsible for pushing expensive refinance loans on black customers, especially those living in Baltimore, southeast Washington, D.C., and Prince George's County-all locations with large black populations.
    https://prospect.org/justice/staggering-loss-black-wealth-due-subprime-scandal-continues-unabated/
     
  8. Indlib

    Indlib Well-Known Member

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    I am torn on the issue. I think ideally companies should have wage quotas, ie McDonald's has to pay let's say 15 dollars minimum wage but is allotted a certain percentage of teen workers who are payed a lower minimum wage. The problem I have with this idea is it simply adds to government bureaucracy that is difficult and costly to track and enforce.

    Also, it is easy to say that 40 year olds should have educated themselves better etc but on the other hand that is an arguement that ultimatly has no win. The bottom line is even if all 25 year olds and above in america were ambitious and educated themselves their simply isnt enough living wage jobs to support them all.

    It is a very complex issue.
     
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  9. FreshAir

    FreshAir Well-Known Member Past Donor

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    look at Trump tax cut bill, the one that was supposed to be a middle class tax cut bill

    but turned out to be a permanent tax cut for the mega corps with a temporary carrot for the working class
     
  10. HTownMarine

    HTownMarine Well-Known Member Past Donor

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    Gotta destroy it to get people hooked..

    Successful people know socialism is stupid.

    People with nothing are easy to convince that their situation isn't their fault.
     
  11. HTownMarine

    HTownMarine Well-Known Member Past Donor

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    If everyone above 25 was ambitious enough, then there would be more jobs to provide their needs and wants.

    There aren't more living wage jobs because 1/3 of this country hangs around collecting welfare. They don't have disposable income, except for cigarettes and weed.
     
  12. TOG 6

    TOG 6 Well-Known Member

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    Well duh.
    Fewer jobs = more government dependency = more power for Democrats.
     
  13. Doofenshmirtz

    Doofenshmirtz Well-Known Member Past Donor

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    I am not defending Trump. He is a thief like the rest of them. You attempted to make a case for Democrats being the party for working people and you are incorrect. I gave one example you dodged. Once you address my example, I have more.
     
  14. Indlib

    Indlib Well-Known Member

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    I can see your point and it probably would effect available living wage jobs but I doubt to the extent that it would even come close to fixing the issue.

    Many of the people collecting welfare have jobs. The wife and I were on food stamps or WIC or whatever it was while I was in the Navy. Admittedly once our son was 2 or so, my wife got a job at toys r us and were able to get off assistance. The point is, not everyone on welfare is just "hanging around."
     
  15. Bearack

    Bearack Well-Known Member

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    I just wanted to clarify the blue font statement. I think anyone, with enough persistence and fortitude, can stay with an organization and build through the ranks. When a 40 years is going job to job and always starting at entry level wage, generally speaking, I think the person should have some ownership of not being a reliable employee. Granted, I know there are people that just can't work with people for various reasons which does create situations were they have to migrate constantly (David Banner comes to mind), but I think most people, if they work hard and are reliable, can get to a point of earning much greater than $15 an hour.

    But I do agree, it is a very complex issue.
     
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  16. Jack Hays

    Jack Hays Well-Known Member Donor

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    It's all a matter of perspective, and you've chosen that of the left. The areas named: Baltimore, southeast Washington, D.C., and Prince George's County, were all high risk loan markets. The "expensive refinance loans" included a premium to balance that risk. So this pattern could just as easily be seen, from a business perspective, as responsible and prudent lending.
     
  17. grapeape

    grapeape Well-Known Member Past Donor

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    You gotta love conservatives........

    Conservatives: "The way we give money to the poor is to give it to the rich so they will trickle it down to the poor"

    Liberals: "Why not just give it to them directly?"

    Conservatives: "ummmmmmmmmm, we must give it to the rich first......cause......ummm, well just because !!!"
     
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  18. TOG 6

    TOG 6 Well-Known Member

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    ^^^^
    This is a statement of abject ignorance or deliberate dishonesty.
    "Trickle down " is not in any way predicated on the idea that the government should give money to the rich.
     
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  19. dagosa

    dagosa Well-Known Member

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    If a pack of ravenous dogs were all caged in a pen, the conservative cure for hunger would be to give all the meat to the biggest dog and expect him to share it with the rest.
     
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  20. Jiminy

    Jiminy Well-Known Member

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    The subprime scandal was nationwide and not limited to so-called high-risk loan markets. The issue was that "minority" buyers were qualified and were treated differently regardless of area.
     
  21. Jack Hays

    Jack Hays Well-Known Member Donor

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    I was responding to a specific post, not the matter of subprime loans in general. I suspect that, regardless of individual qualifications, many minority buyers were in higher risk areas. Regardless, this is not a hill I plan to die on.
     
  22. Kat236

    Kat236 Well-Known Member

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    Yea all the corrupt politicians before him and now joke biden after him and it was 4 whole years of Trump that put us past the point of no return.
    Wow.
     
  23. dagosa

    dagosa Well-Known Member

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    Another Trump gop recession. Another repo politician who does not believe in science, and was unqualified. Biden can do the job, just like Obama turned things around for millions of unemployed workers who lost their jobs and their health insurance. Obama saved countless lives, many to be taken with Trumps ineptitude.
    “It will be gone by spring and if not, lets try drinking commercial cleaner.” Seriously, that’s the gop healthcare plan....voiced by their leader, Donny Dufus.
     
    Last edited: Feb 11, 2021
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  24. dagosa

    dagosa Well-Known Member

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    Still blathering and making up stuff because Hannity said the actual legislation is off limits I see.
     
  25. dagosa

    dagosa Well-Known Member

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    Very good. Numbers are numbers, words are words and things are things. Have no idea what that means, but it was meant to be meaningless.
     

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