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OfflineMush4Brains
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Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 3 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: zappaisgod]
    #19122619 - 11/11/13 07:19 PM (10 years, 3 months ago)

Quote:

zappaisgod said:
Quote:

Mush4Brains said:
My hand isn't in your wallet.  Get over yourself.



Do you pay tens of thousands of dollars in taxes every year?  We pay over a hundred but a few tens would get you about even with what you consume.  Do you not demand more and more benefits for yourself from the public till?  Yes you do.  Do you not demand higher taxes on the 1%?  Yes you do.  You most certainly are in my wallet.




What are you talking about man.  I've already told you what I made and paid last year.  I don't use any government services, and I pay a positive tax rate.  Stop whining because you make money.  If you don't want to pay taxes, stop working and be poor.


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Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
    #19122649 - 11/11/13 07:25 PM (10 years, 3 months ago)

Quote:

Mush4Brains said:
Quote:

zappaisgod said:
Quote:

Mush4Brains said:
My hand isn't in your wallet.  Get over yourself.



Do you pay tens of thousands of dollars in taxes every year?  We pay over a hundred but a few tens would get you about even with what you consume.  Do you not demand more and more benefits for yourself from the public till?  Yes you do.  Do you not demand higher taxes on the 1%?  Yes you do.  You most certainly are in my wallet.




What are you talking about man.  I've already told you what I made and paid last year.  I don't use any government services, and I pay a positive tax rate.  Stop whining because you make money.  If you don't want to pay taxes, stop working and be poor.




http://dailycaller.com/2013/11/11/report-government-redistributes-more-than-2-trillion-in-one-year/

Quote:

Government policies effectively redistributed more than $2 trillion in income from the top 40 percent of American society to the bottom 60 percent in 2012, according to a new study from the nonpartisan Tax Foundation.

The study tracked the beneficiaries of government spending programs largely paid for by taxpayers who are not very big beneficiaries of those programs.

Families in the top 1 percent shouldered nearly half of the more than$2 trillion that was redistributed last year.


The study found that the country’s lowest-income families receive $5.28 in government spending for every $1 they pay in taxes. Highest-income families only receive back 25 cents in government spending for every dollar of taxes they pay.

“So little time, so much to redistribute,” Republican presidential candidate Mitt Romney joked at the Al Smith Dinner during the 2012 election, referring to President Barack Obama’s economic worldview. According to the Tax Foundation, the joke was on people like him.






You were in the bottom what?  10%?  You didn't come close to paying your way.


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Offlinestarfire_xes
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Simplicitry]
    #19122758 - 11/11/13 07:45 PM (10 years, 3 months ago)

Quote:

Simplicitry said:
Quote:

zappaisgod said:
Quote:

Simplicitry said:


I am a free market capitalist for the most part but I do believe the levy of teriffs against foriegners for the betterment of America is a Constitutionally authorized function of the federal government. Something both major parties have failed at.



No you aren't.  You're a protectionist.  Own it



I said for the most part. What's your veiw on tariffs? You at least agree it's a Constitutionally authorized function of the federal government correct?





Free trade is one thing, tarriffs are another.  If you think tarriffs are a good thing you should read about the Smoot-Hawley Tarriff act of 1930.  It's one of the main reasons politiians on both sides usually oppose tarriffs.


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OfflineMush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 3 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: starfire_xes]
    #19122970 - 11/11/13 08:11 PM (10 years, 3 months ago)

Quote:


http://dailycaller.com/2013/11/11/report-government-redistributes-more-than-2-trillion-in-one-year/




What's your point?

Quote:

You were in the bottom what?  10%?  You didn't come close to paying your way.




The bottom 10% of what?

I'm not sure what more you expect someone going to college and working as much as they can.  Were your precious children working nearly full time while they were in undergraduate?


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Offlinesytar
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Registered: 09/01/13
Posts: 381
Last seen: 9 years, 6 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
    #19125809 - 11/12/13 11:04 AM (10 years, 3 months ago)

Holy shit I had no idea this forum was filled with so many brain dead conservatives! Get a load f the guy with the Obama tripled the deficit image, like he doesn't know the FY2009 budget was signed by Bush. And get a load of everyone in this thread who hasn't read the Card and Kruger study or the follow ups like Lester, Dube, an Reich. Minimum wage doesn't cause inflation. Go ahead and google CEPR Minimum Wage Employment & The Economist Minimum Wage Evidence Mounting.


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Offlinepsyconaught
Chemical Connoisseur


Registered: 11/04/10
Posts: 6,100
Last seen: 7 years, 3 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19125865 - 11/12/13 11:16 AM (10 years, 3 months ago)

where do you think money from a higher minimum wage comes from?


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InvisibleEnlilMDiscord
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Registered: 08/16/03
Posts: 65,967
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: psyconaught]
    #19125869 - 11/12/13 11:17 AM (10 years, 3 months ago)

The money fairy.


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Offlinesytar
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Enlil]
    #19125904 - 11/12/13 11:29 AM (10 years, 3 months ago)

Largely from the richest, but also new wealth is created via a Keynesian stimulus. At a certain point It starts eating in to the middle slightly, then after a critical point it triggers inflation (e.g., if you moved it to 50).

Y'all should try reading research and educating yourself before trying to get condescending. I tutor intermediate macro so any more spoonfeeding will result in me sending you a bill. The links I directed you to have all the answers, international comparisons, meta-analyses, etc.


--------------------
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InvisibleEnlilMDiscord
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19125918 - 11/12/13 11:33 AM (10 years, 3 months ago)

You posted no links.  Here, you should provide sources for your claim since you could just be talking out of your ass.

Unless/until you do that, you have zero credibility.


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Offlinepsyconaught
Chemical Connoisseur


Registered: 11/04/10
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar] * 1
    #19125924 - 11/12/13 11:34 AM (10 years, 3 months ago)

Kensyian economics is what got us into this mess in the first place


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Offlinesytar
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Enlil]
    #19125927 - 11/12/13 11:35 AM (10 years, 3 months ago)

I gave google key words for two articles, one by CEPR the other by the Economist. I'm on my phone.


Edit

Not to mention, I cited two very famous studies instantly recognizable to anyone who has any business at all pontificating on this topic (Card and Kruger / Lester, Dube, and Reich). But the CEPR paper discusses both of them and some meta-analyses so...


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Offlineqman
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Registered: 12/06/06
Posts: 34,927
Last seen: 3 days, 3 hours
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: starfire_xes]
    #19125933 - 11/12/13 11:38 AM (10 years, 3 months ago)

Quote:

starfire_xes said:
Quote:

Simplicitry said:
Quote:

zappaisgod said:
Quote:

Simplicitry said:


I am a free market capitalist for the most part but I do believe the levy of teriffs against foriegners for the betterment of America is a Constitutionally authorized function of the federal government. Something both major parties have failed at.



No you aren't.  You're a protectionist.  Own it



I said for the most part. What's your veiw on tariffs? You at least agree it's a Constitutionally authorized function of the federal government correct?





Free trade is one thing, tarriffs are another.  If you think tarriffs are a good thing you should read about the Smoot-Hawley Tarriff act of 1930.  It's one of the main reasons politiians on both sides usually oppose tarriffs.




I really don't think it's fair to dismiss tariffs in today's economic environment because of the Smoot-Havley Tariff act.

Today we are trading with third world economies, today US companies are moving manufacturing operations to third world economies, this never happened in the 1920's.

NAFTA has proven to be a complete failure, all the promises made have never materialized, too bad US worker.

Now another "free" trade agreement is ready to be passed, yet where is the political debate?  Anyone ever hear of the Pan Pacific trade agreement?  Another shitty deal for the US worker in the making, what else is new.


http://www.nytimes.com/2013/06/03/opinion/obamas-covert-trade-deal.html


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InvisibleEnlilMDiscord
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Registered: 08/16/03
Posts: 65,967
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19125989 - 11/12/13 11:57 AM (10 years, 3 months ago)

Quote:

sytar said:
I gave google key words for two articles, one by CEPR the other by the Economist. I'm on my phone.


Edit

Not to mention, I cited two very famous studies instantly recognizable to anyone who has any business at all pontificating on this topic (Card and Kruger / Lester, Dube, and Reich). But the CEPR paper discusses both of them and some meta-analyses so...



So, your source is google...

I'll just assume you're full of shit and act accordingly.

Further, you don't get to determine who can and can't pontificate on any given topic.  I suggest you learn to accept that pretty quickly or your time here at the shroomery will be quite unpleasant.


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InvisibleDieCommie

Registered: 12/11/03
Posts: 29,258
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Me_Roy]
    #19126010 - 11/12/13 12:03 PM (10 years, 3 months ago)

Quote:

Me_Roy said:
It's nigh impossible to live on minimum wage in most places.





Thats not true at all.  In terms of purchasing power an American in the US is in the top 10% of humans, and that is with a dependent.  The vast majority of humans in history and the vast majority of humans alive today live and thrive on less resources than an American on minimum wage consumes.  Note that this is purchasing power, it takes into account that a kilo of corn meal is more expensive in New York City than it is in Bogota.

Furthermore, not only is a high minimum wage economically unsustainable - its environmentally unsustainable.  The average American household uses four and a half time the resources the earth can support per household.  The average household income is 50k.  This means that an environmentally sustainable amount of resources to consume is 12.5k worth a year, for a family.  This is the average.  If you want an environmentally sustainable minimum wage it must be equal or lower to this.  Much lower than this if you expect other families to live off of 50k a year.

The minimum wage keeps unproductive rich people richer than both the economy and environment can support.  People on minimum wage fool themselves into thinking they are poor and politicians play on that.  They are not poor, they are rich.
http://www.givingwhatwecan.org/why-give/how-rich-am-i
http://www.globalrichlist.com/
http://www.popsci.com/environment/article/2012-10/daily-infographic-if-everyone-lived-american-how-many-earths-would-we-need
http://www.groaction.com/discover/2074/fiveearth-philosophy-americans-learn-live/


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Offlinesytar
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Enlil]
    #19126026 - 11/12/13 12:09 PM (10 years, 3 months ago)

You're just avoiding information which screws up your world view. Here I took the pain of pasting the links so I can hear more pathetic excuses for why you'll continue believing the shit you want and avoiding all evidence to the contrary.
http://www.cepr.net/index.php/publications/reports/why-does-the-minimum-wage-have-no-discernible-effect-on-employment

http://www.economist.com/news/finance-and-economics/21567072-evidence-mounting-moderate-minimum-wages-can-do-more-good-harm

And really I will say it again if you don't know anything you have no business pontificating on the topic. Educate yourself first before you go around spreading misinformation or acting condescending.

I hope you enjoy that spoon in your mouth by the way.


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InvisibleEnlilMDiscord
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19126036 - 11/12/13 12:13 PM (10 years, 3 months ago)

It looks like your source indicates that among economists, there is still much debate whether or not raising the minimum wage hurts employment rates...

So I guess you were just talking out of your ass.

As far as your contempt for the first amendment, I find it reprehensible.


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Offlinepsyconaught
Chemical Connoisseur


Registered: 11/04/10
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19126039 - 11/12/13 12:14 PM (10 years, 3 months ago)

i can post links to support my view also
http://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws

your better off actually explaining your position with sources to back it up. posting links/youtube videos without elaboration shows laziness.


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OfflineMush4Brains
LOOL HACKED!!!

Registered: 07/31/13
Posts: 4,419
Last seen: 9 years, 3 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: psyconaught]
    #19126200 - 11/12/13 12:51 PM (10 years, 3 months ago)

Quote:

psyconaught said:
i can post links to support my view also
http://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws

your better off actually explaining your position with sources to back it up. posting links/youtube videos without elaboration shows laziness.




Cato Institute :lolsy:

The Koch's very own mouthpiece for advocating economic sabotage.


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Offlinepsyconaught
Chemical Connoisseur


Registered: 11/04/10
Posts: 6,100
Last seen: 7 years, 3 months
Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: Mush4Brains]
    #19126252 - 11/12/13 01:02 PM (10 years, 3 months ago)

Quote:

Mush4Brains said:
Quote:

psyconaught said:
i can post links to support my view also
http://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws

your better off actually explaining your position with sources to back it up. posting links/youtube videos without elaboration shows laziness.




Cato Institute :lolsy:

The Koch's very own mouthpiece for advocating economic sabotage.



https://yourlogicalfallacyis.com

an ad hominem i believe.

Do you have a valid argument against their position?


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Offlineqman
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Re: Looks like Obama is trying to up the minimum wage to $10 an hour [Re: sytar]
    #19126324 - 11/12/13 01:19 PM (10 years, 3 months ago)

Quote:

sytar said:
You're just avoiding information which screws up your world view. Here I took the pain of pasting the links so I can hear more pathetic excuses for why you'll continue believing the shit you want and avoiding all evidence to the contrary.
http://www.cepr.net/index.php/publications/reports/why-does-the-minimum-wage-have-no-discernible-effect-on-employment

http://www.economist.com/news/finance-and-economics/21567072-evidence-mounting-moderate-minimum-wages-can-do-more-good-harm

And really I will say it again if you don't know anything you have no business pontificating on the topic. Educate yourself first before you go around spreading misinformation or acting condescending.

I hope you enjoy that spoon in your mouth by the way.




"Educate yourself first before you go around spreading misinformation"

I think you would agree that many highly educated people (economists) disagree on this subject. 

Or maybe the ones that disagree with YOU are uneducated? 

Make your case and stop with the "educate yourself" rhetoric.


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