How are we going into a recession if the people have money?

what about low wage migrants? you know? the ones who work under the table and funnel that income back to mexico?

 

Please explain how I am 'promoting is income inequality and poverty' when I am encouraging people to improve themselves? Quite to the contrary.

What you are 'promoting' is that people are unable to improve themselves, and must have help because they are, somehow, deficient. Is that really how you view people? This is the mindset that keeps people in poverty, and of course, makes people believe they are oppressed. That increases crime, generational poverty, and those that perpetuate that belief claim to be their one possible hope for improvement.

Just....wow.

 

if one supports the min wage not increasing with cost of living increases, then they support income inequality

the min wage is the minimum we as a society allow people to be paid, because sadly there is some employers that see that as the max they will pay someone

 

Income inequality is only applicable when two people do the exact same job, with the exact same experience, attitude, aptitude and duration. What you are promoting is people should earn X amount regardless of any of those qualifications, while increasing the amount all others pay for the product or service. The purchasing power has not increased if the production has not increased, and they are STILL at the bottom of the ladder. What time frame do you foresee until once again, people who have not done anything to increase their value in the employment marketplace believe they should be paid more for no additional or improvement in production?

Please supply proof that minimum wage is the 'max they will pay someone'. It is an entry wage. I know of no employer who does not increase an employees wages with experience and production. They wouldn't be staying in business very long if that was what they attempted. Links please.

Are you even acquainted with the Bureau of Labor Statistics? What percent of the workforce earns 'only' minimum wage? The demographics of who earns 'just' minimum wage as their primary employment, and for how long they 'only' earn minimum wage? I strongly suggest you do some research and reading on the subject.

 

nope, it's when some get paid way more and others get paid almost nothing for their hard work

 

You obviously have never worked in a place where multiple employees do similar jobs, where one views working 20 minutes and wandering off for a 'break' and where another works for an hour and looks for more things to do.

'inequality' is not an actual definition of what you are describing. For something to be 'unequal' it would require there to be 'equal' circumstances. There never is, and never will be. So, reaching for a feel-good phrase to commiserate with those that don't think they need to apply themselves to improve their circumstances, is a personal prerogative, not an actual social position that can be substantiated.

Again, I strongly recommend doing some reading at the Bureau of Labor Statistics.

 

Well, not the average price of gas at the USA amount, but locally the price of gas is $3.99, at the gas station I pass in town. It looks like President Biden's release of strategic oil supplies worked! Now I don't need to boycott voting for Dems in the next election if gas prices go to $5/gallon, nor automatically join the Republican party if gas prices rise to $7/gallon.

 

So does the American Left have any other strategies for improving the economy besides raise the minimum wage and give out some more free stuff, or is that pretty much it?

Because it sounds like this might benefit the very poorest segment of society, but is not really going to do anything for the rest of the lower middle class.

Oh, I forgot, push for more loans for people who can barely to make the payments on those loans in the first place. What could possibly go wrong with that?

 

nothign to do with what I am talking about

 

reduce excessive foreign outsourcing and excessive foreign imports

 

It's exactly what you are talking about.

 

nope, but carry on if you want to believe that

 

That's it. No interest in solving the actual problems at all.

 

Bingo: a solved problem no longer serves as a justification for their seeking political power. I have spent (OK, squandered) considerable time in partisan political trenches of the left, right and center, and one thing they have in common is their absolute disinterest in solving problems. The right are generally in it for money (mainly through service to their rich friends); the center are in it for fame, social position and status; the left are in it for power.

 

They're all in it for power, ultimately. Though I'd trust those who seek power only for money, before I'd trust those who seek power for its own sake. They're the true psychopaths. And I say that AS a Leftie.

 

My business numbers tell me we are already in a recession caused by a combination of true inflation (devaluation of the currency) and product shortages (price increases.) It takes a few months for the government to declare a recession because there must be a trend of economic decline for a quarter.

 

This would be true if the education system stuck to teaching academic subjects. It falls apart when it teaches political ideology.

 

IDK, some of them, especially in the center, seem to have not only no idea what to do with power once they get it, but minimal interest in wielding it. They just wanted the attention and regard of others. See Biden. Or, as tycoon Conrad Black once said of Canadian Prime Minister Brian Mulroney, "His knowledge of how to get power is exponentially greater than his knowledge of what to do with it."

True, greed for unearned wealth is at least an understandable, uncomplicated, and even normal drive -- hell, 99% of middle-class homeowners exhibit it, many of them to quite shocking degrees. On the left, though, one often sees an ugly desire to bring down the most able, productive and successful that eclipses even the purported intent to raise up the underprivileged. I found it puzzling at first that they reserved their greatest resentment not for worthless heirs to privilege or parasitic banksters and landowners, but for self-made industrialists who had contributed immensely to the wealth of the community.

 

"How are we going into a recession if the people have money?"

Because people are saving as they fear for the future, their spending habits are changing

we are an economy built on consumerism, if people do not consume, the house of cards collapses

 

Someone wise once said that anyone who seeks leadership, is fundamentally unsuited to it.

The problem is that you can't get the suited to step up. They're too smart!

 

Proving what a terrible idea it was.

 

Indeed. Who was the last US president that wasn't a power seeker? Maybe Carter? Speaking of presidents, when he heard that Washington was declining to seek a third term as US president, King George III is reputed to have said, "If he can do that, he is the greatest man living."

 

It's worse than that: under the current debt-money system, if people and/or governments do not go deeper into debt to banks, the house of cards collapses.

 

every society fails, guess we should just give up

money is only real if enough people believe it is, when people see it as just a piece of paper, that is what it becomes - perception becomes reality

some want to ruin the perception and crash the economy

yes, something new will rise from the ashes, but will be hard times for many in the short term if that happens

 

agree, we are there, now we are just riding this out as long as we can, no reason to crash the train on purpose, it will eventually crash on it's own

but the rich got their tax cuts, so some on the right says it was worth it, trickle down works... not

the rich should be able to donate to politicians no more than you or I can - but like you said, it's too late now