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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22451173 - 10/29/15 09:09 PM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
Quote:

burgerbrain said:
So 2 Berkeley (Very left wing college) studies convince you huh? Sad that you're so gullible.



I couldn't care less if the studies are right wing or left wing.  I care about how they reach their conclusions.  It's interesting that you automatically discredit a study from one of the top universities in the country (which are all liberal leaning, by the way).

Quote:

burgerbrain said:
So if Min. Wage doesn't affect unemployment, why doesn't the federal gov' make min. wage $100/hour? That would solve all of our Unemployment problems right? Good logic there, socialist.



I already explained that in this very thread, starting here:facepalm3:

Are you not paying any attention???  :banghead:

Quote:

burgerbrain said:
http://www.cato.org/publications/policy-analysis/negative-effects-minimum-wage-laws
https://mises.org/library/yes-minimum-wages-still-increase-unemployment
http://americanactionforum.org/research/how-minimum-wage-increased-unemployment-and-reduced-job-creation-in-2013
http://www.newsmax.com/Finance/NealAsbury/minimum-wage-increase-unemployment-middle-class/2013/03/14/id/494620/



Let's review these.  Your first link is to the article that I used to support my argument in this very thread.

It doesn't discuss the long term effects of minimum wage on unemployment.

Your second article... ah fuck it.  I don't know why I'm even wasting my time explaining these things to you; obviously you're not listening and just trolling.  I'll save my effort for the smarter conservatives.




Ahh you can't answer the $100/hr question because why again? Because you're not very educated on this topic? Got it. Yes go run away, I've already won the argument so you must run.


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: burgerbrain]
    #22451219 - 10/29/15 09:17 PM (8 years, 3 months ago)

I already answered and provided a link.

Now you've just proven beyond any doubt that you're a troll.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22451231 - 10/29/15 09:18 PM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
I already answered and provided a link.

Now you've just proven beyond any doubt that you're a troll.




No, you didn't answer it otherwise you would post the text. Yes you're a troll


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: burgerbrain]
    #22451492 - 10/29/15 09:59 PM (8 years, 3 months ago)

Are are you troll, or just dumb?  If you're a troll, I shouldn't answer, but if you can't figure out how to read the link I provided, here you go:


qman said:  The higher the minimum wage the more economic prosperity?  Let's hike to $17 per hour or is there a ceiling to this magic formula?

Falcon91Wolvrn03 said:  I don't know if there's a formula; I think it would be based on empirical evidence.  Start at a reasonable level that we know works ($10.85/hr where it used to be in 1968 when adjusted for inflation), and slowly increase it until people have enough money to start saving some of it.  At that point, the spending slows, and perhaps it's not worth increasing it much more.

qman said:  People earning minimum wage will never save any money even at $15 per hour.  The living wage in my state just came out this week- $19 per hour.

Falcon91Wolvrn03 said:  Then keep cranking it up.  I'd do it slowly to give the new money time to enter the economy before cranking it up more.


In summary - no you DON'T start at $100/hr.  You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22451530 - 10/29/15 10:07 PM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
Are are you troll, or just dumb?  If you're a troll, I shouldn't answer, but if you can't figure out how to read the link I provided, here you go:


qman said:  The higher the minimum wage the more economic prosperity?  Let's hike to $17 per hour or is there a ceiling to this magic formula?

Falcon91Wolvrn03 said:  I don't know if there's a formula; I think it would be based on empirical evidence.  Start at a reasonable level that we know works ($10.85/hr where it used to be in 1968 when adjusted for inflation), and slowly increase it until people have enough money to start saving some of it.  At that point, the spending slows, and perhaps it's not worth increasing it much more.

qman said:  People earning minimum wage will never save any money even at $15 per hour.  The living wage in my state just came out this week- $19 per hour.

Falcon91Wolvrn03 said:  Then keep cranking it up.  I'd do it slowly to give the new money time to enter the economy before cranking it up more.


In summary - no you DON'T start at $100/hr.  You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.




Hehe, apparently you can't read. I asked a question:

burgerbrain said:
So if Min. Wage doesn't affect unemployment, why doesn't the federal gov' make min. wage $100/hour?


So you said:
Falcon91Wolvrn03 said:  I don't know if there's a formula; I think it would be based on empirical evidence.  Start at a reasonable level that we know works ($10.85/hr where it used to be in 1968 when adjusted for inflation), and slowly increase it until people have enough money to start saving some of it.  At that point, the spending slows, and perhaps it's not worth increasing it much more.


So quote "you don't know" you lost the argument. Of course raising min. wage will have a bad effect on employment- that's why libtards say "raise it slowly" well why raise it slowly? Because it raises unemployment.


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OfflineBigbadwooof
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Re: Poll: Economics [Re: burgerbrain]
    #22451656 - 10/29/15 10:51 PM (8 years, 3 months ago)

Burgerbrain has been ignored.

I can't do it anymore. I don't have time for stupid.


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: Bigbadwooof]
    #22451674 - 10/29/15 10:58 PM (8 years, 3 months ago)

The sad part is I don't think he's smart enough to know just how (not smart) he is.


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22451681 - 10/29/15 11:01 PM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
The sad part is that he's not smart enough to know just how (not smart) he is.




I'm smarter than you.

You didn't answer the question again. Why raise the min. wage slowly? Why not raise the min. wage very fast to maybe $100/hr?


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: burgerbrain]
    #22451699 - 10/29/15 11:07 PM (8 years, 3 months ago)

:facepalm:

I answered that already.  I even answered it again in my summary just in case you were too slow to get it the first time.  If you still don't get it, I can't help you.  :shrug:


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: burgerbrain]
    #22451705 - 10/29/15 11:10 PM (8 years, 3 months ago)

he already answered that several times.  here, let me help you.

Quote:


Falcon91Wolvrn03 said:  I don't know if there's a formula; I think it would be based on empirical evidence.  Start at a reasonable level that we know works ($10.85/hr where it used to be in 1968 when adjusted for inflation), and slowly increase it until people have enough money to start saving some of it.  At that point, the spending slows, and perhaps it's not worth increasing it much more.




Quote:

enough money to start saving some of it.




Quote:

At that point, the spending slows




Quote:

perhaps it's not worth increasing it much more.






--------------------


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Invisibleburgerbrain
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22451828 - 10/29/15 11:55 PM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
:facepalm:

I answered that already.  I even answered it again in my summary just in case you were too slow to get it the first time.  If you still don't get it, I can't help you.  :shrug:





Waiting... Why raise the min. wage slowly? Why not raise the min. wage very fast to maybe $100/hr?

In other words, what are some consequences of increasing the min. wage to $100/hr?


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InvisibleballsalsaMDiscord
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Re: Poll: Economics [Re: ballsalsa]
    #22451882 - 10/30/15 12:31 AM (8 years, 3 months ago)

Quote:

ballsalsa said:
he already answered that several times.  here, let me help you.

Quote:


Falcon91Wolvrn03 said:  I don't know if there's a formula; I think it would be based on empirical evidence.  Start at a reasonable level that we know works ($10.85/hr where it used to be in 1968 when adjusted for inflation), and slowly increase it until people have enough money to start saving some of it.  At that point, the spending slows, and perhaps it's not worth increasing it much more.




Quote:

enough money to start saving some of it.




Quote:

At that point, the spending slows




Quote:

perhaps it's not worth increasing it much more.









there ya go, smart guy


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Invisibleburgerbrain
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Re: Poll: Economics [Re: ballsalsa]
    #22451886 - 10/30/15 12:32 AM (8 years, 3 months ago)

LOL you think that answers my question? Hilarious


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: burgerbrain]
    #22452026 - 10/30/15 01:46 AM (8 years, 3 months ago)

I also provided the following in my summary above, for people who are REALLY slow:
Quote:

You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.




--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Offlinehostileuniverse
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22452431 - 10/30/15 06:39 AM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
I also provided the following in my summary above, for people who are REALLY slow:
Quote:

You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.







Venezuela has been raising their minimum wage, how's their economy doing?

The best way to raise wages is through private economic growth, period. That's why states with robust economies, have higher wages, even though their minimum is still 7.25

The only thing raising minimum wage truly does is give employees who don't deserve it higher wages, and those who do deserve higher wages don't get them, because the employer is forced to pay his less skilled help the same as his better workers. Unions work much the same way, it becomes impossible for those who bust their ass and excel at their jobs to make more money. Once wages are no longer set by the employee/employer relationship, wages stagnate.


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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: hostileuniverse]
    #22452538 - 10/30/15 07:23 AM (8 years, 3 months ago)

If you insist on using Venezuela as a model, their minimum wage hikes aren't even keeping up with inflation.  So real minimum wage is going down in Venezuela.  How's their economy doing with a decreasing minimum wage (a silly argument because Venezuela's problems have nothing to do with minimum wage, but I'm using your own logic against you).


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Offlinehostileuniverse
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22452598 - 10/30/15 07:47 AM (8 years, 3 months ago)

Quote:

Falcon91Wolvrn03 said:
If you insist on using Venezuela as a model, their minimum wage hikes aren't even keeping up with inflation.  So real minimum wage is going down in Venezuela.  How's their economy doing with a decreasing minimum wage (a silly argument because Venezuela's problems have nothing to do with minimum wage, but I'm using your own logic against you).




And doing it poorly, Venezuela is doing EXACTLY what you proclaim would work here, raising them slowly, now, why don't you accept the fact that raising minimum wage is useless?


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Offlinehostileuniverse
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Re: Poll: Economics [Re: hostileuniverse] * 1
    #22452604 - 10/30/15 07:48 AM (8 years, 3 months ago)

Quote:

hostileuniverse said:
Quote:

Falcon91Wolvrn03 said:
I also provided the following in my summary above, for people who are REALLY slow:
Quote:

You start low and slowly go up until you realize the increase in consumer spending tapers off, because that's when it becomes more difficult for employers to cover increasing wages.







The best way to raise wages is through private economic growth, period. That's why states with robust economies, have higher wages, even though their minimum is still 7.25

The only thing raising minimum wage truly does is give employees who don't deserve it higher wages, and those who do deserve higher wages don't get them, because the employer is forced to pay his less skilled help the same as his better workers. Unions work much the same way, it becomes impossible for those who bust their ass and excel at their jobs to make more money. Once wages are no longer set by the employee/employer relationship, wages stagnate.




:thumbup:


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http://www.countdowntotrump.com





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OfflineFalcon91Wolvrn03
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Re: Poll: Economics [Re: hostileuniverse]
    #22455469 - 10/30/15 08:54 PM (8 years, 2 months ago)

Quote:

hostileuniverse said:
is doing EXACTLY what you proclaim would work here, raising them slowly, now, why don't you accept the fact that raising minimum wage is useless?



I posted an article showing that Venezuela's real minimum wage is going DOWN.  That's not what I proposed.  And Venezuela has a lot of other problems.  They're most certainly not a model country.  How many times do we have to tell you quit the straw man arguments?


--------------------
I am in a minority on the shroomery, as I frequently defend the opposing side when they have a point about something or when my side make believes something about them.  I also attack my side if I think they're wrong.  People here get very confused by that and think it means I prefer the other side.


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Offlinehostileuniverse
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Re: Poll: Economics [Re: Falcon91Wolvrn03]
    #22456585 - 10/31/15 05:55 AM (8 years, 2 months ago)

Quote:

Falcon91Wolvrn03 said:
Quote:

hostileuniverse said:
is doing EXACTLY what you proclaim would work here, raising them slowly, now, why don't you accept the fact that raising minimum wage is useless?



I posted an article showing that Venezuela's real minimum wage is going DOWN.  That's not what I proposed.  And Venezuela has a lot of other problems.  They're most certainly not a model country.  How many times do we have to tell you quit the straw man arguments?




If I provide you of examples of your logic in play, and you refuse to accept it, that's not my fault, it's yours


--------------------
http://www.countdowntotrump.com





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