Question for Minimum Wage supporters

Discussion in 'Economics & Trade' started by Oxymoron, Aug 29, 2016.

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  1. danielpalos

    danielpalos Banned

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    they just complain, "socialism" will hurt their economy.

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    dude, capitalism died in 1929; socialism has been bailing it out, ever since.

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    worth is relative.
     
  2. Ted

    Ted Banned

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    A simple lie of course. there was little capitalism in 1929. The liberal govt controlled the money supply and let it drop 33%. Danny has learned this 1000 times but the truth does not matter to him, only his ego.
     
  3. danielpalos

    danielpalos Banned

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    dear, lousy command economics managemanagement did that.
     
  4. Ted

    Ted Banned

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    retreats into liberal gibberish english as always when he has lost a debate
     
  5. danielpalos

    danielpalos Banned

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    dear, you are merely incompetent in political discourse. thank you for ceding the point and the argument, by having nothing but diversion and other forms of fallacies.

    Solving simple poverty will be that benchmark, Standard upon our economy.
     
  6. Ted

    Ted Banned

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    does anybody know what this gibberish english means??
     
  7. danielpalos

    danielpalos Banned

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    It means that we could be solving simple poverty, at the rock bottom cost of positive competition, with the cost of social services, for rational choice theory purposes.

    Solving simple poverty will be that benchmark, Standard upon our economy.

    What it means for the (control-alt-right, alt-right) right, is that they will be able to actually blame the poor, for staying poor on an at-will basis.
     
  8. OldManOnFire

    OldManOnFire Well-Known Member

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    I'm a farmer and we pay between $17 and $25/hour depending on skill levels. If I could hire workers at $5-8/hour to do weed control, clean up, miscellaneous non-product work, etc., all unskilled work, all entry level work, on a part-time basis, I would hire them today...but I can't because no one will work for these wages. I suspect there is a mental block caused by the minimum wage? Also, these types of workers would need to be paid cash, with no pay deductions, because of the cost to administer withholding, etc.

    Hiring workers for $5-8/hour is not about me trying to maximize profits or cheat anyone, in fact, 100% of this pay would come out of any profits. It's simply someone being able to work who is not yet ready for full-time higher skilled work...
     
  9. perdidochas

    perdidochas Well-Known Member

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    Minimum wage should be set by the market, not by government fiat. Anybody who's labor is worth equal to or less than the minimum wage is automatically unemployed with a minimum wage system. All minimum wage does is increase unemployment.
     
  10. Ted

    Ted Banned

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    Yes it makes it illegal to hire anyone anyone not worth minimum wage. Its a very simple argument but liberals lack the IQ to understand it.
     
  11. danielpalos

    danielpalos Banned

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    Just right wing fantasy. Supply side economics is command economics, that simply bails out the wealthiest, and then let's it trickle down.

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    We understand it, we just don't believe the incredible, right wing.
     
  12. dairyair

    dairyair Well-Known Member

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    If the goal is to get goods at the lowest possible price and sell finished goods at the highest possible price. Then driving wages towards $0 is the objective.
    If most made $0, then no one would buy anything. And the prices of everything would fall, we'd get into a deflationary spiral and to many, that is worse than inflation.

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    Less money for workers = less money spent in the economy.
    It's a balancing act between inflation and deflation.
     
  13. dairyair

    dairyair Well-Known Member

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    Except our whole economic system is fiat.
    And the gov't, via the fed reserve, controls the money/economy.
     
  14. liberalminority

    liberalminority Well-Known Member

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    the unskilled are unable or unwilling to take personal responsibility, so the farmer must raise their wages for labor and price food higher to compensate.

    Trump will build a wall so cheap labor can't be used by immigrants, and bring living wage manufacturing jobs back with tariffs so they can afford to pay higher prices for food.
     
  15. liberalminority

    liberalminority Well-Known Member

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    the poor will choose generous welfare instead of living wage work under this plan

    what is needed is Trumps tariffs where the poor choose between living wage jobs brought back from foreign countries, or the present homelessness that is a fact for minimum wage workers today.

    also the wall bans cheap labor from immigrants and naturally brings wages up in a free market within its borders.
     
  16. danielpalos

    danielpalos Banned

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    Only the right is that, fantastical.

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    It is like saying, the rich will be for programs that make them richer.

    It means that we could be solving simple poverty, at the rock bottom cost of positive competition, with the cost of social services, for rational choice theory purposes.

    Solving simple poverty will be that benchmark, Standard upon our economy.

    What it means for the (control-alt-right, alt-right) right, is that they will be able to actually blame the poor, for staying poor on an at-will basis.
     
  17. liberalminority

    liberalminority Well-Known Member

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    minimum wage is the crony capitalist incentive not to work, generous welfare is the crony governments incentive not to work.

    a living wage by Trumps tariffs which brings good jobs home from foreign countries, is an incentive to work.

    a living wage building Trumps wall for illegal immigrants to raise wages for unskilled work at farms, is an incentive to work.
     
  18. danielpalos

    danielpalos Banned

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    Yes, a minimum wage sets the "ground floor" for our first world Standard of living.

     
  19. OldManOnFire

    OldManOnFire Well-Known Member

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    Wages and consumer prices today are what they are based mostly on a private economy that does just fine with minimal government involvement. All the crap people and politics are yapping about today are not part of the natural economic process. Forcing unnatural events onto the private economy will come with downside fallout. People who feel wanting, who have not designed a life that brings them some happiness, who refuse to put forth more effort to achieve more of whatever it is they desire in life, will NEVER find the answers with government intervention! Does any American who has finished high school, who has obtained higher education, who has obtained marketable job skills, who avoids crime and reckless lifestyles, care at all about the minimum wage...of course they don't! IMO people limited at minimum wage and lower wages will never find solutions from government...government will only muck up whatever it is they have not yet mucked up...
     
  20. Woolley

    Woolley Well-Known Member

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    Very good question. There should be a floor tied to the national average wage which allows you to work a full time job and pay rent, buy groceries, etc. Regional differences can be made up by each state. It should be indexed for the cost of a basket of goods....very easy to grasp, easy to measure and gives each state the leeway to increase it as they see fit.
     
  21. Oxymoron

    Oxymoron Well-Known Member

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    As I asked before, what happens when you tie the wage to the cost of goods when in essence paying people more increases their buying power and increases the cost of goods?
     
  22. OldManOnFire

    OldManOnFire Well-Known Member

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    Any concern about inflation?

    Any concern about global competitiveness?

    Any concern about forcing more automation, robotics and outsourcing?

    The private economy, in Mayberry RFD, in the USA, and across the world, is a finely honed economic machine which finds equilibrium based on the natural processes involved. We cannot arbitrarily and/or politically simply make unnatural demands on the private economy without downside risks! It is illogical to me why so many Americans have little respect for the economic machine which provides tens of millions of jobs, trillion$ in taxation, the best technology and innovation, and arguably the best nation in the world? Instead of making constant political demands on the economy...how about making constant efforts to maximize our economy? All of this crap is about self-serving ideals with little to no interest in what is in the best long term interest of the USA...
     
  23. OldManOnFire

    OldManOnFire Well-Known Member

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    If you increase wages, which subsequently increases consumer prices (inflation), then it is true people will have more dollars but their buying power will be the same when factoring in inflation. Worse yet is those people, like those on SS, who will not receive these large income increases, who will pay higher prices and their purchasing power will decrease...
     
  24. danielpalos

    danielpalos Banned

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    Fixing benchmark Standards is a social Power delegated to Congress, by the People. There is no excuse for shirking our civic responsibilities.

    A minimum wage sets the "ground floor" for our first world Standard of living.

    We could be solving simple poverty, at the rock bottom cost of positive competition, with the cost of social services, for rational choice theory purposes.

    Solving simple poverty will be that benchmark, Standard upon our economy.

    What it means for the (control-alt-right, alt-right) right, is that they will be able to actually blame the poor, for staying poor on an at-will basis.
     
  25. Ted

    Ted Banned

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    Very true!! There is no free lunch! To earn more money you have to be worth more money, not have govt steal it for you!

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    anybody know what this gibberish english means??
     
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