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psyconaught
Chemical Connoisseur


Registered: 11/04/10
Posts: 6,100
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: qman]
#19109718 - 11/09/13 09:50 AM (10 years, 3 months ago) |
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you mean disinflationary forces. The currency/economy is NOT deflating. We are getting more and more inflation everyday with the devaluation of the dollar and an increasing cost of doing business.
-------------------- Think for yourself, question authority
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qman
Stranger

Registered: 12/06/06
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: psyconaught]
#19109770 - 11/09/13 10:08 AM (10 years, 3 months ago) |
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Quote:
psyconaught said: you mean disinflationary forces. The currency/economy is NOT deflating. We are getting more and more inflation everyday with the devaluation of the dollar and an increasing cost of doing business.
I think there are two types of inflation in the real world, we have individual inflation and business inflation.
There is no denying that individual inflation is real, we have higher costs for food, energy, education, rent, and health care. The governments statistics deny this fact, but every person knows the truth.
Business inflation (the cost of doing business) is very tame to non-existent for corporations today, with strong productivity gains, outsourcing work, and no wage pressure, corporate America has the fattest profit margins ever. Bottom line, big business does not have any inflation in their overall cost of doing business despite a weaker dollar.
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psilynut
aka Patchraper

Registered: 10/22/09
Posts: 1,244
Last seen: 6 years, 10 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: qman]
#19113739 - 11/10/13 08:40 AM (10 years, 3 months ago) |
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Quote:
There are so many deflationary forces at work today, shipping work overseas, importing cheap products, illegal workers, surplus pool of labor from high unemployment (22%-23% in the real world), and a very price competitive environment.
There's also technological unemployment. Machines have been taking jobs from people and shifting more money into the hands of the few people who own them for years now. There isn't really anything we can do about it . Can't hold back technology. Imagine if the major auto manufactures went back to building cars completely by hand . Like Bentleys . It would take allot of hands to mass produce a modern f150 .That would be a shit ton of jobs. Now imagine if someone invented a machine to pick oranges and other delicate stuff that requires human hands. You could send all the illegal farm workers straight back to Mexico . You could eliminate the jobs they are stealing from us completely . You would have to hire a few college educated people to maintain and operate the machines though. As tech progresses and seeks to make all of our lives easier and more automated there will be less work for everyone to do. Less jobs available . More money in the hands of fewer people and ironically, more human suffering.
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psyconaught
Chemical Connoisseur


Registered: 11/04/10
Posts: 6,100
Last seen: 7 years, 3 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: psilynut] 1
#19114011 - 11/10/13 09:54 AM (10 years, 3 months ago) |
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Quote:
psilynut said:
Quote:
There are so many deflationary forces at work today, shipping work overseas, importing cheap products, illegal workers, surplus pool of labor from high unemployment (22%-23% in the real world), and a very price competitive environment.
There's also technological unemployment. Machines have been taking jobs from people and shifting more money into the hands of the few people who own them for years now. There isn't really anything we can do about it . Can't hold back technology. Imagine if the major auto manufactures went back to building cars completely by hand . Like Bentleys . It would take allot of hands to mass produce a modern f150 .That would be a shit ton of jobs. Now imagine if someone invented a machine to pick oranges and other delicate stuff that requires human hands. You could send all the illegal farm workers straight back to Mexico . You could eliminate the jobs they are stealing from us completely . You would have to hire a few college educated people to maintain and operate the machines though. As tech progresses and seeks to make all of our lives easier and more automated there will be less work for everyone to do. Less jobs available . More money in the hands of fewer people and ironically, more human suffering.
Thats bull shit. job markets will disappear and job markets will be created. Maybe we should go back to building things in the same method they did the pyramids? That way everyone will be employed! Did we have a sudden influx of human suffering when carriage factories went out of business due to the rise of automobiles?
-------------------- Think for yourself, question authority
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Synthe
Gatorade me, bitch!



Registered: 11/10/12
Posts: 7,961
Loc: Three bags of Funyuns
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: psyconaught]
#19114033 - 11/10/13 10:00 AM (10 years, 3 months ago) |
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Quote:
psyconaught said:
Quote:
psilynut said:
Quote:
There are so many deflationary forces at work today, shipping work overseas, importing cheap products, illegal workers, surplus pool of labor from high unemployment (22%-23% in the real world), and a very price competitive environment.
There's also technological unemployment. Machines have been taking jobs from people and shifting more money into the hands of the few people who own them for years now. There isn't really anything we can do about it . Can't hold back technology. Imagine if the major auto manufactures went back to building cars completely by hand . Like Bentleys . It would take allot of hands to mass produce a modern f150 .That would be a shit ton of jobs. Now imagine if someone invented a machine to pick oranges and other delicate stuff that requires human hands. You could send all the illegal farm workers straight back to Mexico . You could eliminate the jobs they are stealing from us completely . You would have to hire a few college educated people to maintain and operate the machines though. As tech progresses and seeks to make all of our lives easier and more automated there will be less work for everyone to do. Less jobs available . More money in the hands of fewer people and ironically, more human suffering.
Thats bull shit. job markets will disappear and job markets will be created. Maybe we should go back to building things in the same method they did the pyramids? That way everyone will be employed! Did we have a sudden influx of human suffering when carriage factories went out of business due to the rise of automobiles?
Good point from you... technological advancement is inevitable, it doesn't only destroy, it creates jobs as well.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Synthe]
#19114048 - 11/10/13 10:02 AM (10 years, 3 months ago) |
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Buggy whip makers most effected by technology! Until the S&M boom. Repurpose your product
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 3 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116288 - 11/10/13 05:59 PM (10 years, 3 months ago) |
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Quote:
zappaisgod said:
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Psychedelicking said: Minimum Wage isn't supposed to be able to support a family, it isnt supposed to be good pay. it is, supposed to be a SHIT job with a SHIT pay. so that instead of people wanting to stay in the industry, they want to move onto a better Career that they enjoy and pays. minimum wage is for students. this is the whole reason welfare sucks. people just abuse the system.

Well, why don't you two bring back the manufacturing jobs that weren't paying minimum wage, and paid a wage that was livable?
Why was my dad making $17 an hour on a light machinery assembly line in the mid-70's, but today, the same jobs are paying $9-$12 an hour?
When the manufacturing went off shore, low skill laborers needed to work somewhere, and that is for minimum retail/fast food and similar jobs.
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
#19116297 - 11/10/13 06:00 PM (10 years, 3 months ago) |
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I would also like me to show me conclusive evidence that raising minimum wage raises the unemployment rate.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
#19116450 - 11/10/13 06:27 PM (10 years, 3 months ago) |
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Quote:
Mush4Brains said:
Quote:
zappaisgod said:
Quote:
Psychedelicking said: Minimum Wage isn't supposed to be able to support a family, it isnt supposed to be good pay. it is, supposed to be a SHIT job with a SHIT pay. so that instead of people wanting to stay in the industry, they want to move onto a better Career that they enjoy and pays. minimum wage is for students. this is the whole reason welfare sucks. people just abuse the system.

Well, why don't you two bring back the manufacturing jobs that weren't paying minimum wage, and paid a wage that was livable?
The only reason they ever got paid that much for that work is because there was no global competition due to WW2. The return to health of Japan and Europe cut off that gravy train and now China doesn't have Mao and India is just weird..Quote:
Why was my dad making $17 an hour on a light machinery assembly line in the mid-70's, but today, the same jobs are paying $9-$12 an hour?
I knew some guys who were union auto workers in Tarrytown for GM in the late 70s. I knew the American auto industry was fucked when I heard about $25 hour broom pushers.Quote:
When the manufacturing went off shore, low skill laborers needed to work somewhere, and that is for minimum retail/fast food and similar jobs.
Did you know that we have an infestation of illegal immigrants who are filling a lot of the low /medium skill jobs and depressing the market value of the employee?
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ChinChiller



Registered: 07/03/10
Posts: 3,270
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116459 - 11/10/13 06:29 PM (10 years, 3 months ago) |
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Well CA will have a 10 dollar minimum wage starting next year. We can see how that will effect CA's economy and maybe see the positive or negative results.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: ChinChiller]
#19116468 - 11/10/13 06:30 PM (10 years, 3 months ago) |
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Errolscool said: Well CA will have a 10 dollar minimum wage starting next year. We can see how that will effect CA's economy and maybe see the positive or negative results.
CA is gonna have a lot more issues than that.
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116471 - 11/10/13 06:31 PM (10 years, 3 months ago) |
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Quote:
Did you know that we have an infestation of illegal immigrants who are filling a lot of the low /medium skill jobs and depressing the market value of the employee?
Because employers don't want to pay American workers the wage the job would demand without hiring illegal immigrants?
Quote:
I knew some guys who were union auto workers in Tarrytown for GM in the late 70s. I knew the American auto industry was fucked when I heard about $25 hour broom pushers.
Non-union, and non-auto. That equals, in today's buying power, almost $74. Yet the light manufacturing and warehouse that still exist won't even pay you $15/hr.
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ChinChiller



Registered: 07/03/10
Posts: 3,270
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116475 - 11/10/13 06:32 PM (10 years, 3 months ago) |
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Quote:
zappaisgod said:
Quote:
Errolscool said: Well CA will have a 10 dollar minimum wage starting next year. We can see how that will effect CA's economy and maybe see the positive or negative results.
CA is gonna have a lot more issues than that.
CA is doing pretty well now that we have a democratic majority. We are lowering the deficit with smart sequestering and higher income tax. Also no more gerrymandering of the voting districts by representatives!
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
#19116491 - 11/10/13 06:35 PM (10 years, 3 months ago) |
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Quote:
Mush4Brains said:
Quote:
Did you know that we have an infestation of illegal immigrants who are filling a lot of the low /medium skill jobs and depressing the market value of the employee?
Because employers don't want to pay American workers the wage the job would demand without hiring illegal immigrants?
Employers pay what they have to pay.Quote:
Quote:
I knew some guys who were union auto workers in Tarrytown for GM in the late 70s. I knew the American auto industry was fucked when I heard about $25 hour broom pushers.
Non-union, and non-auto. That equals, in today's buying power, almost $74. Yet the light manufacturing and warehouse that still exist won't even pay you $15/hr.
That is what it is worth.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: ChinChiller]
#19116516 - 11/10/13 06:39 PM (10 years, 3 months ago) |
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Quote:
Errolscool said:
Quote:
zappaisgod said:
Quote:
Errolscool said: Well CA will have a 10 dollar minimum wage starting next year. We can see how that will effect CA's economy and maybe see the positive or negative results.
CA is gonna have a lot more issues than that.
CA is doing pretty well now that we have a democratic majority. We are lowering the deficit with smart sequestering and higher income tax. Also no more gerrymandering of the voting districts by representatives!
You got some vicious truth coming your way when the Baby Boomer public servants retire and you have to pay for their pensions. We'll see what happens after the taxes raise. It takes a few years to uproot a company. By the way, a lower deficit is still a deficit. Gerrymandering? We'll see the map.
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 3 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116549 - 11/10/13 06:45 PM (10 years, 3 months ago) |
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Employers pay what they have to pay.
And they have to pay illegals less, which means they line their pockets with more profit, while money is leaving the American economy when it is shipped back to families in Mexico.
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That is what it is worth.
No, that is what they can get away with paying people when unemployment is so high. That's why corporate profits are booming.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
#19116587 - 11/10/13 06:51 PM (10 years, 3 months ago) |
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Quote:
Mush4Brains said:
Quote:
Employers pay what they have to pay.
And they have to pay illegals less, which means they line their pockets with more profit, while money is leaving the American economy when it is shipped back to families in Mexico.
They pay illegals the same as they pay legals. Usually they don't know since the border jumping leapfrog has a stolen SSN. Were you born last night?Quote:
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That is what it is worth.
No, that is what they can get away with paying people when unemployment is so high. That's why corporate profits are booming.
Corporate profits are not exactly booming but they are doing well because they are learning to make do without you. Progress. You really should figure out how to make yourself useful. There's a whole glorious market for stone workers who can speak English. I bet you could get at least 15 cash or 20 booked.
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
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Last seen: 9 years, 3 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116644 - 11/10/13 07:02 PM (10 years, 3 months ago) |
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Quote:
Corporate profits are not exactly booming but they are doing well because they are learning to make do without you. Progress.
So, it is progress that corporations are figuring out how to get rid of employees? Yet you say that people that don't have a job are bums?
That is some twisted ass logic.
Quote:
You really should figure out how to make yourself useful.
You should really stop trying to tell other people who have no impact on yourself how to live.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
#19116725 - 11/10/13 07:18 PM (10 years, 3 months ago) |
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Quote:
Mush4Brains said:
Quote:
Corporate profits are not exactly booming but they are doing well because they are learning to make do without you. Progress.
So, it is progress that corporations are figuring out how to get rid of employees? Yet you say that people that don't have a job are bums?
That is some twisted ass logic.
There are plenty of jobs. Why do you think we have millions of illegal border jumping scum?Quote:
Quote:
You really should figure out how to make yourself useful.
You should really stop trying to tell other people who have no impact on yourself how to live.
If you didn't have your hand in my wallet I wouldn't give a shit what you did.
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Mush4Brains
LOOL HACKED!!!

Registered: 07/31/13
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
#19116745 - 11/10/13 07:21 PM (10 years, 3 months ago) |
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My hand isn't in your wallet. Get over yourself.
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