|
imachavel
I loved and lost but I loved-ftw



Registered: 06/06/07
Posts: 31,408
Loc: You get banned for saying that
Last seen: 10 hours, 9 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: elax420]
#19368276 - 01/04/14 01:29 PM (10 years, 1 month ago) |
|
|
Quote:
elax420 said:
Quote:
imachavel said:
Quote:
elax420 said: Prove what? that the min wage hurts employment?
Just simple supply and demand. It has an inflationary effect but not much, and our inflation is pretty low as is so
Raising min wage .75 cents has you guys this worked up 
our inflation is low as it is?
but in July of 2008 our rate of inflation was at 5.6%
http://www.usinflationcalculator.com/inflation/historical-inflation-rates/
which had not been seen since January of 1991 when it was at 5.7
You are acting as though $7.25 an hour has caught up with the inflation that was occurring when it was raised. If you believe that maybe I can sell you a bridge as well? 
How much more inflation would you like to see? How expensive should an airplane/house/boat/car/property be before it's enough inflation to raise it $1 or so. Hey, maybe we can just get rid of the middle class and only have rich and poor and still be the #1 economy and set an example for the rest of the world of what the leading economy should look like. By the way, what is the difference between wealth distribution now and 50 years ago in 1964? The same? Can you show me please?
ya in 2008 inflation was bad, that was 5 years ago though It was at 2% last year. you keep bringing up all this shit that has nothing to do with min wage.
Why the fuck do i care what wealth distribution was 50 years ago? was i alive 50 years ago? is this relevant to your post in any way shape or form? Hell no, your going through this crazy hyperbole that makes you hard to take serious dude.
everything else thrown at me in this thread has also been hyperbole "why not raise the wages to $1000 an hour, you guys don't understand economics"
What should I reply with? And if inflation has nothing to do with the minimum wage then why is it brought up to contradict me so much? Ok fine, forget inflation. No one speaks about the positive attributes of minimum wage, such as the community having literally millions more dollars per year to spend, evening out consumer spending by distributing who can buy what where, giving other businesses a solid chance to make sales to a lower class that can now afford to spend a little more. Are you denying that? Is this hyperbole?
Should new businesses only exist to market to people who make 50k + a year? It's as though there are no positive benefits of minimum wage, only people who probably haven't made minimum wage in over 15 years arguing back when it was easier to get a minimum wage job and then switch jobs right away the benefits back then versus the negative implications now. In a time when people have to keep the same shitty job for 8+ years waiting for skilled jobs to come to them and start getting basic skill to move along to the next position that might actually pay them as a career, you better believe a minimum wage increase will help.
Can't get your foot in the door? Oh wait you can work for zero, that's right, it's called interning.
Now let's argue that hyperbole
--------------------
I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!
I'm never giving you the password again. Jerk
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368283 - 01/04/14 01:31 PM (10 years, 1 month ago) |
|
|
Low wages mean low prices means lower cost of living.
I Iive in a place with a high minimum wage and we have one of the highest costs of living in north america, its insane.
tonnes of people here go shopping to the united states because your prices are so much lower.
those are literally jobs migrating south of the boarder.
|
imachavel
I loved and lost but I loved-ftw



Registered: 06/06/07
Posts: 31,408
Loc: You get banned for saying that
Last seen: 10 hours, 9 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368282 - 01/04/14 01:31 PM (10 years, 1 month ago) |
|
|
Quote:
Shins said:
Quote:
koods said:
Quote:
Shins said: Even a 1 or 2 $ hike in minimum wage has big impact on an economy.
price fixing is bad.
if I'm an unskilled youth trying to get my foot in the door, every dollar increase is a huge barrier to entry for me. Furthermore, if both me and an employer freely agree on a certain wage, who do these fucking socialist fascists think they are when they hire armed goons to come and stop us? Just piss off and mind your own bisiness.
minimum wage.... unions - these things are for losers who are too lazy and/or useless to be competitive. Pathetic.
Yet, the states with higher minimum wages have much better economies. 
Quote:
Shins said: Its none of your business how much I'd be willing to work for and it is not your place to dictate to me how much you think it should be.
Yes it is my business. You come in and low bid and you bring everybody's wages down. Isn't that the complaint about undocumented workers?
And that's exactly my point. You cannot compete with my efficiency so you hire goons with guns to protect your uncompetitive ass.
you want to cheat at capitalism.
the truth is youre just as greedy and capitalistic as anyone but just too pathetic to play under a fair set of rules.
when you lose at competing, you want to hire goons to force people to pay you what you want becaise you are too pathetic to earn that wage by competing in a free market.
cheating at capitalism? Oh my. Not following the rules? Well I thought the rules said you could raise the minimum wage. Do you understand what capitalism is?
--------------------
I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!
I'm never giving you the password again. Jerk
|
imachavel
I loved and lost but I loved-ftw



Registered: 06/06/07
Posts: 31,408
Loc: You get banned for saying that
Last seen: 10 hours, 9 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368300 - 01/04/14 01:35 PM (10 years, 1 month ago) |
|
|
Quote:
Shins said: Low wages mean low prices means lower cost of living.
I Iive in a place with a high minimum wage and we have one of the highest costs of living in north america, its insane.
tonnes of people here go shopping to the united states because your prices are so much lower.
those are literally jobs migrating south of the boarder.
Yes the United States has the cheapest shopping
http://www.tripify.com/blog/finding-shopping-paradise-worlds-cheapest-shopping-destinations

also there has been much dispute to the fact that places with high cost of living have higher minimum wage BECAUSE of high cost of living, then it's said later that the cost of living is so high BECAUSE of higher minimum wage. I'm still waiting to see all this evidence that places with higher minimum wage have higher costs BECAUSE of higher minimum wage and not that minimum wage was raised to increase costs.
--------------------
I did not say to edit my signature soulidarity! Now forever I will never remember what I said about understanding the secrets of the universe by paying attention to subtleties!
I'm never giving you the password again. Jerk
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368304 - 01/04/14 01:36 PM (10 years, 1 month ago) |
|
|
Minimum wage doesn't give communities more money to spend, it makes less people have the same pool of money to spend and makes the difference in those people unemployed.
itll likely reduce money actually because smart people will buy labor and products from other better value communities instead.
even if it did magically bring in more money that would cause inflation and raise the cost of living.
THERE IS NO FREE LUNCH!!
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368338 - 01/04/14 01:42 PM (10 years, 1 month ago) |
|
|
A mimimum wage is not part of capitalism, its a socialist policy thst is usually induced because all the other socialist policies raise the cost of living and cost of labor so high and put so much financial burden on the worker that its much harder to make a living that in a more capitalist economy.
its like stabbing yourself in the chest then putting a bandaid on it
|
DebuteMachine

Registered: 09/29/06
Posts: 6,457
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368376 - 01/04/14 01:48 PM (10 years, 1 month ago) |
|
|
So what you're saying, is to remove the knife from the equation?
IE so you can't stab yourself anymore.
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: DebuteMachine]
#19368404 - 01/04/14 01:54 PM (10 years, 1 month ago) |
|
|
Exactly, and the knife is socialism.
I'm so tired of arguing with socialists who blame all the problems caused by socialism>fascism on capitalism and apparently have no idea of the economic imbalances socialism causes.
|
Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
Loc: Ottawa
Last seen: 9 hours, 56 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368435 - 01/04/14 01:59 PM (10 years, 1 month ago) |
|
|
Newsflash. The US is the least socialist country of the modern world. Hell you let your own citizens die when they can't afford treatment anymore
--------------------
|
Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
Loc: Ottawa
Last seen: 9 hours, 56 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Patlal]
#19368444 - 01/04/14 02:01 PM (10 years, 1 month ago) |
|
|
The most socialist countries have killed themselves.
The least socialist ocuntry in the modern world (US) has also killed himself
Everybody in the middle is doing ok.
The message is clear.
--------------------
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: Patlal]
#19368451 - 01/04/14 02:03 PM (10 years, 1 month ago) |
|
|
Dude you don't know what capitalism or socialism is obviously.
the USA is extremely socialist / fascist. Its a myth that the USA is capitalist.
|
Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
Loc: Ottawa
Last seen: 9 hours, 56 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368500 - 01/04/14 02:12 PM (10 years, 1 month ago) |
|
|
Quote:
Shins said: Dude you don't know what capitalism or socialism is obviously.
the USA is extremely socialist / fascist. Its a myth that the USA is capitalist.
Alright, I'll play along.
Explain what capitalism is, what socialism is, and why the US is a facist and socialist state.
--------------------
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: Patlal]
#19368606 - 01/04/14 02:32 PM (10 years, 1 month ago) |
|
|
First of all you need sound money for capitalism.
explain to be how Keynesian monetary systems could be capitalist?
|
Patlal
You ask too many questions



Registered: 10/09/10
Posts: 44,812
Loc: Ottawa
Last seen: 9 hours, 56 minutes
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368647 - 01/04/14 02:42 PM (10 years, 1 month ago) |
|
|
Quote:
Shins said: First of all you need sound money for capitalism.
explain to be how Keynesian monetary systems could be capitalist?
I was 99% sure you would dodge my question. Normally people that knows something jump at the occasion of explaining it.
Now before asking more question, can you at least explain to me why the US is extremely socialist and fascist? (cause I can get the definition of capitalism and socialism online). You can't make a comment such as this without at least explaining why you believe/observe that.
--------------------
|
qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 3 days, 6 hours
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368741 - 01/04/14 03:06 PM (10 years, 1 month ago) |
|
|
Believe it not, but the real wages in the 1870-1915 era (textile workers) were higher ($12 per hour with no taxes) than today, there was no minimum wage back them, just a huge demand for textile workers. Immigrants took those jobs and started a good life for themselves.
|
DebuteMachine

Registered: 09/29/06
Posts: 6,457
|
Re: so like... the minimum wage is a socialist crime now [Re: Patlal]
#19368745 - 01/04/14 03:07 PM (10 years, 1 month ago) |
|
|
Quote:
Patlal said:
Quote:
Shins said: First of all you need sound money for capitalism.
explain to be how Keynesian monetary systems could be capitalist?
I was 99% sure you would dodge my question. Normally people that knows something jump at the occasion of explaining it.
Now before asking more question, can you at least explain to me why the US is extremely socialist and fascist? (cause I can get the definition of capitalism and socialism online). You can't make a comment such as this without at least explaining why you believe/observe that.
I was genuinely curious as well.
|
Shins
Fun guy



Registered: 09/15/04
Posts: 16,337
|
Re: so like... the minimum wage is a socialist crime now [Re: DebuteMachine]
#19368754 - 01/04/14 03:10 PM (10 years, 1 month ago) |
|
|
Let me rephrase; we have a socialist/fascist monetary system at the root.
|
DebuteMachine

Registered: 09/29/06
Posts: 6,457
|
Re: so like... the minimum wage is a socialist crime now [Re: Shins]
#19368766 - 01/04/14 03:12 PM (10 years, 1 month ago) |
|
|
you could argue that.
people in this thread are so damn concerned with a minimum wage, why is no one concerned 90% of the wealth in the WORLD is controlled by a small percentage of people?
|
teamkiller
ghetto drama whore



Registered: 06/06/11
Posts: 8,806
Last seen: 14 days, 11 hours
|
Re: so like... the minimum wage is a socialist crime now [Re: DebuteMachine]
#19368842 - 01/04/14 03:31 PM (10 years, 1 month ago) |
|
|
lol shins you obviously don't know what capitalism is.
No society anywhere, in all of history, has had a free market capitalist society. because such a thing is obviously absurd.
capitalism only works with socialist balances.
--------------------
|
teamkiller
ghetto drama whore



Registered: 06/06/11
Posts: 8,806
Last seen: 14 days, 11 hours
|
Re: so like... the minimum wage is a socialist crime now [Re: teamkiller]
#19368852 - 01/04/14 03:33 PM (10 years, 1 month ago) |
|
|
throughout most of human history there was no minimum wage.
Lol that was a really great idea.
i bet you think you're really smart shins.
--------------------
|
|