Question for Minimum Wage supporters

Discussion in 'Economics & Trade' started by Oxymoron, Aug 29, 2016.

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  1. danielpalos

    danielpalos Banned

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    dear, it means you refuse to be more competent in political discourse. why not try google translate?

    Fixing benchmark Standards is a social Power delegated to Congress, by the People. There is no excuse for shirking our civic responsibilities.

    A minimum wage sets the "ground floor" for our first world Standard of living.

    We could be solving simple poverty, at the rock bottom cost of positive competition, with the cost of social services, for rational choice theory purposes.

    Solving simple poverty will be that benchmark, Standard upon our economy.

    What it means for the (control-alt-right, alt-right) right, is that they will be able to actually blame the poor, for staying poor on an at-will basis.
     
  2. liberalminority

    liberalminority Well-Known Member

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    no one wants to be on the ground floor of a first world standard of living earning minimum wage, they want to be on the same floor with everyone else.

    Trumps tariffs brings higher wage jobs back for the unskilled and uneducated, which reduces income inequality between rich and poor.
     
  3. Ted

    Ted Banned

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    what standards????? delegated where??? when??????
     
  4. Ted

    Ted Banned

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    well, hopefully there will be no tariffs, since they protect and cripple our industries, just fairer trade deals so we can trade in China and Japan as easily as they can trade here and thus bring back millions of jobs. Also, when he boots 30 million illegals that will add 30 million new jobs in America and huge upward pressure on wages. Do you understand?
     
  5. liberalminority

    liberalminority Well-Known Member

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    the irresponsible people who never obtained higher education or marketable job skills still need to be taken care, and it could be done naturally in America's private economy without government intervention.

    giving them higher wage jobs will not affect America's private economy so long as tariffs are imposed to prevent foreign competition in the world economy, and banning cheap labor from illegal immigrants also raises their wages naturally.
     
  6. liberalminority

    liberalminority Well-Known Member

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    fair trade won't be enough to compensate for the unskilled and uneducated Americans since there are just too many of them, it has to be done with tariffs to truly bring wages up.

    also if you look around the world everyone else is more educated and skilled than Americans, so trade deals have to be unfair in America's advantage to make up the difference.

    there is no way to reeducate or retrain a generation lost to greed of the rich.
     
  7. Ted

    Ted Banned

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    you don't pay attention. liberal illegals are 30 million, 20 million were lost thanks to highest corporate taxes in world, and perhaps 10 million thanks to unfair trade deals. Now do you understand???

    also, only the extremely stupid and liberal want tariffs, trade wars, and perhaps real wars.
     
  8. Ted

    Ted Banned

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    the rich want the highest corporate taxes in the world?????????????????????
     
  9. saspatz

    saspatz Member Past Donor

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  10. Woolley

    Woolley Well-Known Member

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    You should go on Youtube and look up economists views on the notion of equilibrium. It is no longer accepted in most economic circles that are not also supporting a political point of view. I really see nothing wrong with paying Americans well. The world wants to sell us stuff. If we don't have the dough to buy their stuff, the world is in big trouble. Pay people a decent wage, lets all live in a land where few if any of us are truly poor. We can do it, its not hard.
     
  11. danielpalos

    danielpalos Banned

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    That is simply not true, if you can afford all the government intervention you want under our form of Capitalism. The wealthiest routinely "purchase" better privileges and immunities than the least wealthy.

    Being too big to fail, is one example of supply side economics only being command economics that simply bails out the wealthiest, and then, trickles down.

     
  12. danielpalos

    danielpalos Banned

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    I agree with you, but the private sector isn't very cooperative. We could also end some arbitrary and capricious rules, that only help capitalists and their bottom line, not the People who are Labor. The distinction between full time and part time for benefits purposes is one egregious example.

    - - - Updated - - -

    A goal then, would be to engender conditions where wages outpace inflation.
     
  13. danielpalos

    danielpalos Banned

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    Those can all be solved through the command economics of socialism, to bail out capitalism, like usual.

    Inflation is controlled with supply side economics.

    Global competitiveness is what expensive labor in the US is going to accomplish for the US, until the third and second worlds, catch up and become as expensive.

    Forcing automation means less, but more well trained labor will be needed for those sectors.

    Moving the goalposts is a function of Government.

    Supply side economics is self-serving whenever it does not supply us with better governance at lower cost.
     
  14. danielpalos

    danielpalos Banned

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    That already happened to accomplish the "hellish conditions of warfare on Earth", simply for political and capital speculation; with fuel.

    Why Only a problem for the wealthiest when it simply and merely, concerns a moral of "goodwill toward men"?

    some on the left believe we should merely Tax the Wealthiest into Heaven, and solve simple poverty at the same time, merely to have a Good argument, for St. Pete.
     
  15. danielpalos

    danielpalos Banned

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    dear,

    poverty guidelines and minimum wages are fixed as a Standard by our federal Congress.

    - - - Updated - - -

    Tariffs don't affect the minimum wage sector.

    Simply increasing that benchmark Standard will improve our Standard of living, from the bottom up, not trickle down.
     
  16. danielpalos

    danielpalos Banned

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    increasing the minimum wage "prices out" less skilled labor more naturally under our form of capitalism.
     
  17. danielpalos

    danielpalos Banned

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    you mean they Don't want the Finest Tax Rates for the finest Republic, money can buy?
     
  18. danielpalos

    danielpalos Banned

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    Only the fantastical, right wing, wants the US to compete with the third world, with cheap labor.
     
  19. Woolley

    Woolley Well-Known Member

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    It is weird how they can say they are pro-America out of one side of their mouth but support screwing our workers out of the other side of their mouth.
     
  20. Woolley

    Woolley Well-Known Member

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    I thought about this a bit more and the Feds could impose a national floor level wage of say, 10 bucks an hour and then have indexes for each state that raise it up a bit so cost of living issues can be addressed in the higher cost states where rent is high for instance. Rent is the most expensive bill for all of us and it is something that affects poverty in a big way. Then, have free child care for all. France has a wonderful system for this and it works great.
     
  21. danielpalos

    danielpalos Banned

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    The cognitive dissonance of the right.

    They like to call illegal immigrants, pots, while being illegal to our own Statutes on the Miltia 10USC311, just a bunch of kettles, if you ask me.
     
  22. Ted

    Ted Banned

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    France is a lib socialist state with many many libsocialist soviet govt scams to "help the people". This is why it has the per capita income of Arkansas, about our poorest state. 1+1=2
     
  23. OldManOnFire

    OldManOnFire Well-Known Member

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    Sorry...things simply do not work this way...
     
  24. OldManOnFire

    OldManOnFire Well-Known Member

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    Most people do not need to be taken care of but instead need to live within their potential means and ask society to provide affordable housing, public transportation, health care, etc.

    Hand out higher wages? Tariffs? Ban immigrants?

    ALL increased costs to business effect the economy!
     
  25. raytri

    raytri Well-Known Member

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    Well, there are many considerations. But the basic one would be philosophical: the minimum wage should be set so that someone working 40 hours a week earns, say, 150% of poverty level.

    2015 poverty level for one person was about $12,000 a year.

    So minimum wage should pay at least $18,000 a year, or $8.65 an hour.

    The wage can and should vary by location, so it is higher in expensive areas.

    And there's an argument to be made that someone on minimum wage should be able to at least partly support a dependent, so that they can have kids. So maybe the wage should be $10, or $12, or whatever makes sense in that context.

    Then you balance that against the economic effects of a higher minimum wage. All the studies show that the costs of minimum wage (in terms of job loss or companies unable to afford workers) are minimal, as long as the wage is phased in rather than raised sharply all at once. But there is a practical ceiling to the minimum wage, both in terms of cost to employers and the creation of perverse incentives. And you try to set it at that sweet spot for maximum benefit to society.
     
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