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78% of Americans live paycheck to paycheck.


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41 minutes ago, Snoslinger said:

Noggin, the only way you’d get these clowns to admit stagnant wages are a big problem is if trump said so, and actually did something about it. They’d drop all these assanine comments quicker than dumb Dave on a chicken wing, and hail trump as the one fixing the problem.

guess it all depends on your chosen career.  i cant get any one worth a shit for less than 40 bucks and a truck . and that is a guy I can hardly trust on a job by him self .in .ca t I can't I still have to stop in and check progress every day and make sure shit is not getting done 1/2 ass

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It does exist. And higher wages and insurance costs are a driver for it. The average min wage increase advantage only lasts 10 months. After that prices rise to offset it.. But the insurance companies are still making more and those with fixed incomes still have less buying power. 

 

So no need to dress it up as a min wage increase. Call it what it is. An insurance profit increase.

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18 minutes ago, steve from amherst said:

It does exist. And higher wages and insurance costs are a driver for it. The average min wage increase advantage only lasts 10 months. After that prices rise to offset it.. But the insurance companies are still making more and those with fixed incomes still have less buying power. 

 

So no need to dress it up as a min wage increase. Call it what it is. An insurance profit increase.

Don't forget the union wages.  Many contracts have clauses regarding min wage increases. 

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17 minutes ago, motonoggin said:

Worker ownership of the means of production. 

Plenty already exist and people are free to start their own if they want. But that is not good enough for you. You would prefer to force it on people. 

Well other people. Not you , that would be ridiculous.

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1 hour ago, revkevsdi said:

It’s still a good excercise.  I’m guessing you already did the math and would rather not continue. 

Ok how about divide that 24 billion by 1 million workers.  That’s 24,000 per worker. $24,000 per worker would help a lot of people and bring in a lot of tax revenue. 

Its a facile argument taking that money from Wallstreet and somehow putting it into the hands of MW workers.   Makes for a good meme that's about it.    

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18 minutes ago, Rod Johnson said:

You can have that already. Buy stocks in the company’s that produce things 

Lol, not even close to the same thing.

11 minutes ago, steve from amherst said:

Plenty already exist and people are free to start their own if they want. But that is not good enough for you. You would prefer to force it on people. 

Well other people. Not you , that would be ridiculous.

Lmao. 

Capitalism: "work or starve"

Also capitalism: "communists want to force you to do stuff"

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Just now, motonoggin said:

Lol, not even close to the same thing.

Lmao. 

Capitalism: "work or starve"

Also capitalism: "communists want to force you to do stuff"

Socialism. so good even the guy who tries to sell it all day dosnt live it.

Is your weed farm a co-op?

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4 minutes ago, Highmark said:

Its a facile argument taking that money from Wallstreet and somehow putting it into the hands of MW workers.   Makes for a good meme that's about it.    

The entire economy is based on workers spending most of what they earn. 

Coming up with reasons why they shouldn't be paid more and therefore spend more, boosting the economy, is patently ridiculous. :lol:

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1 minute ago, motonoggin said:

Lol, not even close to the same thing.

Lmao. 

Capitalism: "work or starve"

Also capitalism: "communists want to force you to do stuff"

You honestly have no clue do you :lol: 

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2 minutes ago, motonoggin said:

The entire economy is based on workers spending most of what they earn. 

Coming up with reasons why they shouldn't be paid more and therefore spend more, boosting the economy, is patently ridiculous. :lol:

Who is doing that?   I simply think wages should be set naturally not artificially.  Skills will earn what the market demands.

Your assumption is if a company cuts income X% by paying more that income will come back in increased sales when there is absolutely no truth to that.  

If it was that simple a $100 MW would be the best thing ever for our economy.  

Edited by Highmark
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1 minute ago, Highmark said:

Who is doing that?   I simply think wages should be set naturally not artificially.  Skills will earn what the market demands.

Your assumption is if a company cuts income X% by paying more that income will come back in increased sales when there is absolutely no truth to that.  

Apparently I'm the only one here who actually understands economics...

If it were true that rising wages doesn't result in rising demand and therefore rising sales/profits and becomes an economic multiplier, then let's just pay everyone nothing and see how it works out...

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4 minutes ago, Highmark said:

Who is doing that?   I simply think wages should be set naturally not artificially.  Skills will earn what the market demands.

Your assumption is if a company cuts income X% by paying more that income will come back in increased sales when there is absolutely no truth to that.  

If it was that simple a $100 MW would be the best thing ever for our economy.  

I'm sure you are one of the guys who said $15 min wage in Seattle would be a death blow. Turns out it has been the opposite. # of jobs has increaed. Min wage needs to move with inflation otherwise it is counter productive. 

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6 minutes ago, Anler said:

I'm sure you are one of the guys who said $15 min wage in Seattle would be a death blow. Turns out it has been the opposite. # of jobs has increaed. Min wage needs to move with inflation otherwise it is counter productive. 

Actually I generally don't completely oppose local based MW and have stated that on here a number of times.   Its state or federal without exceptions that I have an issue with because from one community to the next can vary on how it impacts business.   I also agree if you are to have a MW it should move with inflation.   

Oh and by the way its not been all roses in Seattle.

https://www.forbes.com/sites/michaelsaltsman/2017/06/21/the-problems-with-a-new-study-on-seattles-15-minimum-wage/#42c3677156ae

 

Edited by Highmark
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5 minutes ago, Highmark said:

Actually I generally don't completely oppose local based MW and have stated that on here a number of times.   Its state or federal without exceptions that I have an issue with because from one community to the next can vary on how it impacts business.   I also agree if you are to have a MW it should move with inflation.   

Oh and by the way its not been all roses in Seattle.

https://www.forbes.com/sites/michaelsaltsman/2017/06/21/the-problems-with-a-new-study-on-seattles-15-minimum-wage/#42c3677156ae

 

One of the problems with the study the critics like to use is that they excluded chain stores which is a huge presence there. When you include those the new job numbers go up quite a bit. 

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18 minutes ago, Anler said:

I'm sure you are one of the guys who said $15 min wage in Seattle would be a death blow. Turns out it has been the opposite. # of jobs has increaed. Min wage needs to move with inflation otherwise it is counter productive. 

Timeshare Dave, Barbiehands Rod and arctic  beta  all argued against the Ontario min wage increase.  They were all wrong. 

 

Edited by revkevsdi
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2 minutes ago, revkevsdi said:

Timeshare Dave, Barbiehands Rod and arctic  beta  all argued against the Ontario min wage increase.  They were all wrong. 

 

None of these guys understand economics. They cant think past their fingers and toes.. "Uh.. fifteen is more that 7..uh... "

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6 minutes ago, revkevsdi said:

Timeshare Dave, Barbiehands Rod and arctic  beta  all argued against the Ontario min wage increase.  They were all wrong. 

 

Minimum wage is zero. You can’t explakn that 

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1 minute ago, Anler said:

None of these guys understand economics. They cant think past their fingers and toes.. "Uh.. fifteen is more that 7..uh... "

I agree. But they argue the same thing now even though they were proven wrong. 

If you raise min wage for the lowest skill or easiest jobs, then wages for higher skilled or shittier jobs rise. 

Didn’t Besos just declare a company wide min wage of $15.00/hr. ?

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1 minute ago, Rod Johnson said:

Minimum wage is zero. You can’t explakn that 

 

5 minutes ago, Anler said:

None of these guys understand economics. They cant think past their fingers and toes.. "Uh.. fifteen is more that 7..uh... "

Lol. Barbiehands Rod just proved your point. 

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