$10.10. A killer for the rich.

[Sallow]

Obama is trying to show folks that he cares about them by raising the minimum-wage. He's only doing it because businesses know raising the MW will destroy jobs. And who supports businesses? Republicans.

Maybe 200,000 people make minimum-wage. The only effect this will have is further job cuts when we need job growth. Every time the Dems get into trouble they go back to the same destructive policies. Raise the MW, promise a new expensive program for the poor or for select groups like minorities and women, and telling everyone how much you care for them with your warm and fuzzy rhetoric. BTW, where in America is $10.10/hr a living wage? The only person that can live off of that is a student living with his parents.

Obama lied to us about our health care. He repeatedly lied. When you lie to someone it means you don't respect them and it means you don't care about them. This useless gesture isn't going to convince anyone but a low-information voter that this tyrant gives a damn about them.

The problem with Democrats like Obama is they claim they want to create opportunity when in fact they only want to create dependency. You can't tell me that you really care about people when you stifle growth and create dependency everywhere you go. But that is what Democrats are about.

First off, Obama didn't lie at all. A lie involves telling people something that you know is completely false. Like when Bush tried to map Iraq to 9/11 or said that aluminum tubing in Iraq was going to be used for nuclear centrifuges. Those are bonafide lies.

Secondly there is no tyrant here. A tyrant would have dissolved congress, like your hero Putin, did.

Third, if minimum wage affect so few people, why the resistance?


Nothing you post makes any sense whatsoever.

Minimum wage has been one of the factors in upward mobility. Which puts on display, for all to see, that you guys are squarely against that and in favor of a caste system.

 

[mudwhistle]

$10.10 minimum wage will not impact the rich one bit. It will hurt small service business and retail industries.

Wages and salaries paid to employees are tax deductible.

As the minimum wage goes up, so does the tax deduction for those wages.

There is probably no better tax situation to be in than being self employed or owning a small business.

Workman's comp goes up payroll taxes go up state and federal unemployment taxes go up

Therefore prices must go up.

An expense is an expense. No one who knows anything about business spends money solely for a tax deduction.

Besides Obama was only talking about raising the minimum wage for federal contract workers not the entire country and the number of federal contract workers who make less than 10 an hour is puny.

That's usually what he does. He's already signed an executive order shortly before he went on his Hawaiian vacation, but it doesn't take effect for at least a year. It only effects new contracts. So it's worthless. It's only intended to look like he's doing something.

This isn't the year of action and we never had a Summer of Recovery. It's just another scam designed to take the heat off of his worthless ass.

 

[Redfish]

Obama is trying to show folks that he cares about them by raising the minimum-wage. He's only doing it because businesses know raising the MW will destroy jobs. And who supports businesses? Republicans.

Maybe 200,000 people make minimum-wage. The only effect this will have is further job cuts when we need job growth. Every time the Dems get into trouble they go back to the same destructive policies. Raise the MW, promise a new expensive program for the poor or for select groups like minorities and women, and telling everyone how much you care for them with your warm and fuzzy rhetoric. BTW, where in America is $10.10/hr a living wage? The only person that can live off of that is a student living with his parents.

Obama lied to us about our health care. He repeatedly lied. When you lie to someone it means you don't respect them and it means you don't care about them. This useless gesture isn't going to convince anyone but a low-information voter that this tyrant gives a damn about them.

The problem with Democrats like Obama is they claim they want to create opportunity when in fact they only want to create dependency. You can't tell me that you really care about people when you stifle growth and create dependency everywhere you go. But that is what Democrats are about.

First off, Obama didn't lie at all. A lie involves telling people something that you know is completely false. Like when Bush tried to map Iraq to 9/11 or said that aluminum tubing in Iraq was going to be used for nuclear centrifuges. Those are bonafide lies.

Secondly there is no tyrant here. A tyrant would have dissolved congress, like your hero Putin, did.

Third, if minimum wage affect so few people, why the resistance?


Nothing you post makes any sense whatsoever.

Minimum wage has been one of the factors in upward mobility. Which puts on display, for all to see, that you guys are squarely against that and in favor of a caste system.

Right, part time high school burger flippers need upward mobility, and all this time I thought that was why they were in school.

 

[realinvestment]

Why did Obama ask for a $10.10 minimum wage? All this will do is take away the power of the government from the private sector and put in the hands of a bunch of senseless Americans. We as Americans must realize that the rich are the people that offer the true economic opportunities that this nation has to offer. The $10.10 minimum wage will bring the social classes together and there won't be any room for mobility. We must keep corporate America.

$10.10 minimum wage will not impact the rich one bit. It will hurt small service business and retail industries.

FALSE! Exactly the opposite is true, as I just explained in the previous post (# 292)

One of your statements in post 292 was <<<The paradoxical thing about about it is though, that almost all business will GAIN from a minimum wage raise (not lose),>>> it seemed you believe a general improvement in the economy from a minimum wage increase (an issue in which there is no consensus among economists) will apply to almost all businesses.

That of course is just preposterous, there would be winners an losers not all winners as you seem to believe.

The losers being the businesses impacted by higher wage costs, often unable to raise their prices...eg a small retail specialty shop still having to compete against the Internet...or a cleaning services company with long term contracts.

 

[mudwhistle]

Obama is trying to show folks that he cares about them by raising the minimum-wage. He's only doing it because businesses know raising the MW will destroy jobs. And who supports businesses? Republicans.

Maybe 200,000 people make minimum-wage. The only effect this will have is further job cuts when we need job growth. Every time the Dems get into trouble they go back to the same destructive policies. Raise the MW, promise a new expensive program for the poor or for select groups like minorities and women, and telling everyone how much you care for them with your warm and fuzzy rhetoric. BTW, where in America is $10.10/hr a living wage? The only person that can live off of that is a student living with his parents.

Obama lied to us about our health care. He repeatedly lied. When you lie to someone it means you don't respect them and it means you don't care about them. This useless gesture isn't going to convince anyone but a low-information voter that this tyrant gives a damn about them.

The problem with Democrats like Obama is they claim they want to create opportunity when in fact they only want to create dependency. You can't tell me that you really care about people when you stifle growth and create dependency everywhere you go. But that is what Democrats are about.

First off, Obama didn't lie at all. A lie involves telling people something that you know is completely false. Like when Bush tried to map Iraq to 9/11 or said that aluminum tubing in Iraq was going to be used for nuclear centrifuges. Those are bonafide lies.

Secondly there is no tyrant here. A tyrant would have dissolved congress, like your hero Putin, did.

Third, if minimum wage affect so few people, why the resistance?


Nothing you post makes any sense whatsoever.

Minimum wage has been one of the factors in upward mobility. Which puts on display, for all to see, that you guys are squarely against that and in favor of a caste system.

According to the federal register they predicted that the implementation of Obamacare would cause the cancellation of millions of policies. 67% of all group plans would be canceled. This was known way back in 2010, and it was discussed at length inside the administration, but Obama chose not to tell the truth about it.

If he had said that millions of you might lose your health plan it would have caused him to lose the election. If he had told the truth about alot of things he never would have been re-elected. So he lied, and continues to lie, about the IRS, the NSA, Benghazi, you name it. He's a serial liar.

 

[KNB]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about a minimum wage.

 

[DiamondDave]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about a minimum wage.

What are you?? A goddamn parrot?? Saying the same bullshit thing in every goddamn thread, no matter the subject??

Go fuck yourself, ignorant leftist troll

 

[KNB]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about someone posting on a messageboard about $4t+ spent torturing Iraqis for absolutely no reason.

 

[DiamondDave]

Obama is trying to show folks that he cares about them by raising the minimum-wage. He's only doing it because businesses know raising the MW will destroy jobs. And who supports businesses? Republicans.

Maybe 200,000 people make minimum-wage. The only effect this will have is further job cuts when we need job growth. Every time the Dems get into trouble they go back to the same destructive policies. Raise the MW, promise a new expensive program for the poor or for select groups like minorities and women, and telling everyone how much you care for them with your warm and fuzzy rhetoric. BTW, where in America is $10.10/hr a living wage? The only person that can live off of that is a student living with his parents.

Obama lied to us about our health care. He repeatedly lied. When you lie to someone it means you don't respect them and it means you don't care about them. This useless gesture isn't going to convince anyone but a low-information voter that this tyrant gives a damn about them.

The problem with Democrats like Obama is they claim they want to create opportunity when in fact they only want to create dependency. You can't tell me that you really care about people when you stifle growth and create dependency everywhere you go. But that is what Democrats are about.

First off, Obama didn't lie at all. A lie involves telling people something that you know is completely false. Like when Bush tried to map Iraq to 9/11 or said that aluminum tubing in Iraq was going to be used for nuclear centrifuges. Those are bonafide lies.

Secondly there is no tyrant here. A tyrant would have dissolved congress, like your hero Putin, did.

Third, if minimum wage affect so few people, why the resistance?


Nothing you post makes any sense whatsoever.

Minimum wage has been one of the factors in upward mobility. Which puts on display, for all to see, that you guys are squarely against that and in favor of a caste system.

It 'affects' few people directly by the pay.. 'affects' the entire wage structure thru the trickle 'affect', as explained SO many times.. it does nothing but change the floor of the system in terms of a number, decreases jobs as it becomes cheaper to automate than have a 30% increase in wages, and increases the costs of goods and services

Idiot

 

[zeke]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about someone posting on a messageboard about $4t+ spent torturing Iraqis for absolutely no reason.

Hey, that was worth repeating.

Oh and fuck you diamond dave. You don't like the truth? Fuck off.

 

[DiamondDave]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about someone posting on a messageboard about $4t+ spent torturing Iraqis for absolutely no reason.

1) No military sponsored torture of Iraqis
2) Try looking at the terms of cease fire and the continual subsequent violations
3) Should have been finished the first time instead of pussing out to the goddamn UN... so, Fuck you.. signed, Desert Storm vet

 

[DiamondDave]

$4t+ spent torturing Iraqis for absolutely no reason, and fiscally responsible Conservatives want to complain about someone posting on a messageboard about $4t+ spent torturing Iraqis for absolutely no reason.

Hey, that was worth repeating.

Oh and fuck you diamond dave. You don't like the truth? Fuck off.

Except that it is not truth, but more baseless propaganda.. much like the bullshit you spew continually

 

[KNB]

Reagan sold weapons and supplies to Saddam Hussein.
Exclusive: CIA Files Prove America Helped Saddam as He Gassed Iran
OFFICERS SAY U.S. AIDED IRAQ IN WAR DESPITE USE OF GAS - NYTimes.com
Report: Reagan Gave Military Aid to Iraq | Fox News
Once-secret Reagan administration documents on Iraq - CNN.com

Desert Storm was a lie. OIF was a lie. Read about Operation Cyclone.
Operation Cyclone (1979-1989): A Brief Analysis of the U.S. Involvement in the Soviet-Afghan War | Nolan Kraszkiewicz - Academia.edu

"No military sponsored torture of Iraq"? The entire illegal invasion and ten years of constant war are torture for Iraqi families, let alone the US aid that kept Saddam Hussein in power for so long.

 

[DiamondDave]

Reagan sold weapons and supplies to Saddam Hussein.
Exclusive: CIA Files Prove America Helped Saddam as He Gassed Iran
OFFICERS SAY U.S. AIDED IRAQ IN WAR DESPITE USE OF GAS - NYTimes.com
Report: Reagan Gave Military Aid to Iraq | Fox News
Once-secret Reagan administration documents on Iraq - CNN.com

Desert Storm was a lie. OIF was a lie. Read about Operation Cyclone.
Operation Cyclone (1979-1989): A Brief Analysis of the U.S. Involvement in the Soviet-Afghan War | Nolan Kraszkiewicz - Academia.edu

"No military sponsored torture of Iraq"? The entire illegal invasion and ten years of constant war are torture for Iraqi families, let alone the US aid that kept Saddam Hussein in power for so long.

Winger assumptions again... and again, there was no torture.. just what you want to call torture because it is against your agenda

Go fuck yourself.. better yet, go play in traffic.. waste of oxygen

 

[Contumacious]

Minimum wage has been one of the factors in upward mobility.......

.....In China, South Korea, and other foreign countries.

.

 

[KNB]

What is a "winger assumption"? Do you know about Project Paperclip? MK Ultra? No Gun Ri? Tonkin Gulf? My Lai? The Pentagon Papers? Operation Ajax? Operation Cyclone? Ishaqi? Haditha? Abu Ghraib? Operation Phantom Fury which included using white phosphorus on Fallujah? Do you know about any of the fucked up shit that the US has done in the pursuit of "Full Spectrum Dominance"?

The Bush administration used chemical weapons against Iraq after invading Iraq to disarm chemical weapons that weren't there.
Pentagon Used White Phosphorous in Iraq
George Monbiot: US used chemical weapons in Iraq, then lied | Politics | The Guardian
BBC NEWS | Middle East | US used white phosphorus in Iraq
U.S. Broadcast Exclusive?"Fallujah: The Hidden Massacre" on the U.S. Use of Napalm-Like White Phosphorus Bombs | Democracy Now!
https://www.law.upenn.edu/journals/jlasc/articles/volume10/issue1/Reyhan10U.Pa.J.L.&Soc.Change1%282007%29.pdf
November 2004 Fight in Fallujah - Seven Years in Iraq: An Iraq War Timeline - TIME
law.unh.edu/assets/images/uploads/publications/pierce-law-review-vol06-no2-tessier.pdf

But it's all just liberal media propaganda, right? Trillions spent on torture and mass murder while "job creators" send all of our production jobs overseas, and you think that raising the minimum wage is going to hurt America?

 

[protectionist]

$10.10 minimum wage will not impact the rich one bit. It will hurt small service business and retail industries.

Wages and salaries paid to employees are tax deductible.

As the minimum wage goes up, so does the tax deduction for those wages.

There is no better tax situation to be in than owning a small business.

salaries are not a "tax deduction" they are on the expense side of your Schedule C. income minus expenses = taxable profit.

when a business is forced to increase its labor cost, its profit goes down unless it increases the price of its products by a like amount.

but this whole minimum wage discussion is a red herring, only 1% of american workers make minimum wage and the vast majority of them are part time teens.

its a false issue pushed by the dems and media as a way to divide the country.

FALSE, FALSE, FALSE, and more FALSE.

1..It is a tax deduction.

2. Most (over 95%) businesses' profits go UP, not down, from MW increase.

3. If a business increases it prices, it LOSES money (SALES$$$) - this can't be a remedy.

4. When MW go up, almost ALL wages go up accordingly. Especially those within a few dollars of the MW.

 

[protectionist]

Obama is trying to show folks that he cares about them by raising the minimum-wage. He's only doing it because businesses know raising the MW will destroy jobs. And who supports businesses? Republicans.

Maybe 200,000 people make minimum-wage. The only effect this will have is further job cuts when we need job growth. Every time the Dems get into trouble they go back to the same destructive policies. Raise the MW, promise a new expensive program for the poor or for select groups like minorities and women, and telling everyone how much you care for them with your warm and fuzzy rhetoric. BTW, where in America is $10.10/hr a living wage? The only person that can live off of that is a student living with his parents.

Obama lied to us about our health care. He repeatedly lied. When you lie to someone it means you don't respect them and it means you don't care about them. This useless gesture isn't going to convince anyone but a low-information voter that this tyrant gives a damn about them.

The problem with Democrats like Obama is they claim they want to create opportunity when in fact they only want to create dependency. You can't tell me that you really care about people when you stifle growth and create dependency everywhere you go. But that is what Democrats are about.

If you want to slam Obama, there's plenty of things you can legitimatley refer to, to do that with. You can talk about his friendliness to the Muslim Brotherhood. You can talk about his opposition to Arizona's SB1070 law, protecting Arizonans from illegal aliens. You can talk about his dumb idea to close Gitmo. About his support for affirmative action. About his friendliness to Mexico (a country that has been ripping is unmercifully for years).

But when you say raising the MW will cause unemployment (and that is WRONG), you are handing another victory to Obama. Like wise, with the ACA, you're doing the same. Even though most Americans oppose it RIGHT NOW, that is likely to change as more and more Americans get dropped by their private insurers (as they always have been when they incur an expensive to treat aliment) and find refuge in the ACA (without which they'd be screwed).

Going to attack Obama ? Use the right ammunition.

http://www.usmessageboard.com/consp...ma-administration-the-muslim-brotherhood.html

http://www.usmessageboard.com/immig...ust-gave-amnesty-to-illegal-aliens-again.html

http://www.usmessageboard.com/usmb-...nvasion-of-the-united-states-1950-2012-a.html

http://www.usmessageboard.com/curre...n-from-the-last-time-egypt-did-democracy.html

http://www.usmessageboard.com/polit...sa-state-of-the-union-in-3-words-or-less.html

 

[protectionist]

$10.10 minimum wage will not impact the rich one bit. It will hurt small service business and retail industries.

Wages and salaries paid to employees are tax deductible.

As the minimum wage goes up, so does the tax deduction for those wages.

There is probably no better tax situation to be in than being self employed or owning a small business.

Workman's comp goes up payroll taxes go up state and federal unemployment taxes go up

Therefore prices must go up.

An expense is an expense. No one who knows anything about business spends money solely for a tax deduction.

Besides Obama was only talking about raising the minimum wage for federal contract workers not the entire country and the number of federal contract workers who make less than 10 an hour is puny.

No one who knows anything about business would ever say "Therefore prices must go up", which is impossible, as I've explained a dozen times in this thread, and you should know it from your college microeconomics course, if not in high school.

 

[protectionist]

Unemployment will not increase. It never has, and money paid to employees is deductible,
See:

Salaries and Wages - What you can Deduct as Business Expenses

Amazing how the business owner community come unglued when we challenge their precious myth about unemployment increasing. They get spoiled after believing it was untouchable, as they thought they had it as a sure weapon that would always work against MW raisers.

The paradoxical thing about about it is though, that almost all business will GAIN from a minimum wage raise (not lose), from the enormous rise in disposable income, one of the few engines that can really energetically boost SALES$$$.

Not a word about that from these paranoics on that. They've been conditioned and programmed quite well by the BIG businesses (primarily oil companies, supermarkets and department stores) who have very large numbers of MW workers, and who therefore gain less than the smaller companies. Even they however, do make substantial gains which offset their large labor cost losses, because like anyone else, they sell more, after MW increases, than they did before.

Interesting to note that the only ones who have a lesser gain from the increase disposable income might be the oil companies and supermarkets. Why ? Because the products they sell are things that people HAVE TO HAVE, and are going to buy no matter what. Mothers are still going to buy milk for their babies. Motorists are still going to buy gasoline (even though they may grumble more at the increased prices).

So these guys might not gain much from the DI increases, HOWEVER, this may not be as true as some economists might think, either. Take a walk through your local large supermarket and just look at how many non-essential items are on the shelves. The list of DONT-HAVE-TO-HAVES could number in the thousands. Just going through the spices and sauces section there are too many to even comprehend. In addition, to non-essential foods, supermarkets also sell magazines, T-shirts, CDs, hair colorings, etc. And with the gas stations, well, motorists have gotten tougher with them in recent years. People have devised ways to save on gas with coupons, store discounts, driving less, and switching to smaller cars and/or hybrids.

Still and all, one would think that small business owners would not be so brainwashed by the big boys, and realize that if the people living around their stores don't have any money in their pockets, this makes it harder to sell their stuff. My biggest frustration when I owned a business selling club memberships for $1000 apiece, was all the callers who, when I asked how much they could pay for a down payment, they, day after day, replied "Uh, ten bucks". And guess why they could only pay $10, and were so broke. Guess why I lost all those SALES$$$. Because somebody out there is paying them a very low minimum wage. THAT'S WHY. I wonder what it takes for this to begin focus for all those brainwashed sellers out there.

What a bunch of hogwash. Artificially raising wages only increases the costs of everything else, especially in the food industry. It also only applies to full-time help, which means more people will have their hours cut, thus less earnings. This country will soon discover that laws like Obamacare and this latest fiasco is creating an underground of part-timers that have to hold down 3 jobs to pay their bills. The health problems that arise from overwork and lack of sleep will be felt not long after. The result will be like in Europe where the workers only work half of the year then collect unemployment the rest of the year.

Nevermind the fact that you can't get a meal at a fast food restaurant anymore that will be under $20. The result, more lost jobs.

HOGWASH! I've already explained a dozen times over in this thread why prices don't (AND CAN'T) go up from a MW increase, AND why unemployment and hours reduction doesn't (AND CAN'T) occur from it either. Are you reading the thread ? Sheeeeesh!!

I guess it never occured to you that if a fast food meal was priced over $20, nobody would buy it, which is exactly why the seller can never charge that price. Too difficult to figure that out ? Also, if the seller could increase his income by raising his price to $20, why didn't he do that LAST month ? Or the one before that ? Or the one before that ? Starting to focus ?