Rashida Tlaib pushes for $20 an hour

$20 an hour is racist.

 

3.99, I just checked. Weird eh?

I'm the value menu type of guy anyway. Unless I really want to splurge then I'll get a chicken sandwich. Never the meal, fries and soda? Water.

 

Most servers make over 15, garbagemen make more. Weird eh?

 

Not around here they don't...

 

That would be an exception not the rule.

Ps, imo entry level salary is a bad standard to judge the income of a chosen career, people forget that you have to earn increases

And for what it's worth a good server can make two or three times what a bad server can make. I over tip good service and under tip bad service.

 

For considering Democrats proposal?

 

Did you think I support that $20 an hour nonsense? Oops, looks like you've put your foot in your mouth

 

All Democrats do.. deep inside

 

Why, did it become more difficult to make a Big Mac?

 

Only in your mind.

 

I’m not a Democrat, you are.

 

I am? LOL....

 

Of course, LOL....

 

Whatever help you sleep better at night.

 

Look, Kal, I'm talking about the inflation disaster that will hit those very people you talk about the hardest! You really don't see that! If the government demands that everybody who works doing anything must (MUST) be paid a minimum of TWENTY DOLLARS AN HOUR (according to Democrat panderer Tlaib) there will inflation in the price of everything that will be absolutely breathtaking! Every business and company in the world will be looking to cash in on the enormous amount of extra cash suddenly exploding into the world's markets... and in no more than six months, those workers you care so much about are going to be in roughly the same shape they were in before the gigantic pay increase -- and maybe worse, because companies will have greatly reduced their headcount, and once reduced, job growth afterward is typically very, very slow, if it happens at all! So these workers make twice the money -- but see the price of their rent, car prices, and everything else they buy double quickly, or go even higher! Even worse, a lot of employers will tell the employees that they keep on the payroll that they won't be getting any raises for a very, very long time because their pay has already been jacked-up on the FRONT END.... How's THAT for a future...?

Oh, and don't forget about all the jobs that enormous increases in minimum wage will go away permanently -- to ROBOTICS! This is the 21st-century!

The government in a free-market society should not (NOT) be screwing around with settting arbitrary standards for anything having to do with a company's private employment relationship with an employee (so long as no criminal activity is involved). Doing exactly that is a large part of what caused the downfall of the Soviet Union....

. "This is your last day here -- I'm taking your job...."

 

it is not a problem for socialists who want to take the product of the labor from robots, and redistribute it to other socialists.

 

$20 an hour min wage is a stupid idea from a first generation citizen

Build the wall and deport millions of illegal aliens along with reforming welfare and wages will rise naturally

 

I fully understand inflation. It happens regardless of minimum wage though. Yes, minimum wage does play a factor in inflation, but its not the ONLY factor. The minimum wage, while a partial cause of inflation is also meant to counter it to a degree. Which is why I'm for responsible raising of the minimum wage. Note that word...responsible. $20 is not a responsible raise of it. Of course $15 is not also which is why I don't support it. Currently the minimum wage is set at $7.25. Raising it to $15 is too much to raise it all at once. When its raised it should be raised at most around $3/hr depending on the economy strength at the time.

As for the automation of jobs...again, that was going to happen regardless of what the minimum wage is set at. It could be set at 0 and automation will still happen. That's simply human nature.

Edit: As an example of automation happening regardless of the minimum wage just look at history. The minimum wage was not a part of the US until 1938. How much automation was happening prior to that? Lots.

 

I would suggest that a more helpful phenomenon that would help everyone in the middle-class and lower-economic classes would be the very thing that the Federal Reserve central bankers and Wall Street hate the most -- a responsible series of DEFLATIONARY moves that would lower prices!

Stock prices are way too high, a clear indicator that speculation rules everything (and has ruled everything since the Fed muscled its way to take over the economy starting in August 2007). Even a gigantic stock 'player' like Goldman is issuing warnings: https://www.cnbc.com/2019/06/17/goldman-sachs-technology-stocks-are-overvalued.html

And there's more and very recent warnings all over the internet, and some come from people who actually have a proven reputation for seeing these things in advance. Link: https://www.businessinsider.com/sto...ection-coming-morgan-stanley-2019-7?r=US&IR=T So, what's that got to do with minimum wage and inflation?

Can we agree that wages never "catch up" with price increases? So, what if prices instead decrease to levels that are more in line with REALITY and much less on speculation? The economy has been on a wild, uncontrolled ride in the Fed's "fraud balloon" for the past eleven years -- maybe it's time to let some of the 'air' out of this overheated gas-bag and let prices fall to thresholds that don't lock so many people out of necessities, like medical care, transportation, food, and housing...? But, OH, that's anathema to stock market gamblers, who are probably hoping that the minimum wage does skyrocket to insane levels. Think about it!

 

I would suggest that a more helpful phenomenon that would help everyone in the middle-class and lower-economic classes would be the very thing that the Federal Reserve central bankers and Wall Street hate the most -- a responsible series of DEFLATIONARY moves that would lower prices!

Stock prices are way too high, a clear indicator that speculation rules everything (and has ruled everything since the Fed muscled its way to take over the economy starting in August 2007). Even a gigantic stock 'player' like Goldman is issuing warnings: https://www.cnbc.com/2019/06/17/goldman-sachs-technology-stocks-are-overvalued.html

And there's more and very recent warnings all over the internet, and some come from people who actually have a proven reputation for seeing these things in advance. Link: https://www.businessinsider.com/sto...ection-coming-morgan-stanley-2019-7?r=US&IR=T So, what's that got to do with minimum wage and inflation?

Can we agree that wages never "catch up" with price increases? So, what if prices instead decrease to levels that are more in line with REALITY and much less on speculation? The economy has been on a wild, uncontrolled ride in the Fed's "fraud balloon" for the past eleven years -- maybe it's time to let some of the 'air' out of this overheated gas-bag and let prices fall to thresholds that don't lock so many people out of necessities, like medical care, transportation, food, and housing...? But, OH, that's anathema to stock market gamblers, who are probably hoping that the minimum wage does skyrocket to insane levels. Think about it!

Hint: https://www.foxbusiness.com/economy/us-unlimited-minimum-wage-kudlow

 

So what deflationary measures would you support?

 

The market-value of all things would 'deflate' to levels of reality by getting the Federal Reserve OUT of the business of micromanaging the whole damned economy! Because it has been propping up the almighty-god stock market since 2009, to the exclusion of ALL else and EVERYONE else, this whole monstrous imbalance came into being. To reverse that process, all we need to do is have the Fed get OUT of coddling the stock market with near-zero interest money, and stop all these games that central banks play with each other, like buying vast amounts of each other's currencies in order to prop-up the value of BOTH of them (which is exactly what the Fed and the European Central Bank did during the last recession).

Look -- the Fed WANTS inflation, and higher prices, so that it can begin to get rid of the 'pudge' in that horrific FOUR TRILLION DOLLAR 'balance sheet' they ran up rescuing all those "too-big-to-fail" conniving idiots and criminals in Korporate Amerika. But what if Wall Street had to take off the Fed's "training wheels" and ride its own damned 'bicycle' according to the laws of economic 'physics', and either succeed or fail -- without "Mama Fed" running alongside to catch them the next time they head their little stock market 'bicycle' toward the ditch?!

Then, a dollar would begin to reclaim its worth as a DOLLAR, and not a dwindling number of cents. A $100,000 house would cost $100,000 -- NOT a wildly inflated $350,000 (or more). A $15,000 car would cost $15,000 -- not $30,000+....

But all jacking-up the minimum wage does is play right into the central bankers' hands, and in a coming world of more and more 'self-service' for everything, along with the robotics I already mentioned, huge numbers of jobs will be lost, and millions more will be homeless and/or permanently on welfare.... If I'm wrong about this, please tell me where my error is. I'm an old guy who has watched this bullshit all my life, but especially more so since August 2007, when the Fed completely took over the economy... and now it will NEVER let it go again.

 

why work at all, just auto-deposit my 'pay' so i can enjoy my time vacationing the globe...

 

anywho, that nutjob is just 'vote buying' for the upcoming circus...

 

Why stop at money? How about for every 40 hours worked you get a free happy ending massage voucher?