danielpalos
Diamond Member
- Banned
- #101
Sure, in right wing fantasy anything can work.Why not pay kids at McDonalds $1000 an hour?Higher paid Labor creates more in Demand and pays more Taxes; it is termed and styled, a Positive multiplier effect.So what happens when you raise the minimum wage by a large amount, Daniel? Explain to me how you don't see a cascading effect of raises to everyone else? Then explain how once the huge increase in labor costs are passed along to the consumer...as they will have to be...it means that the poor actually receive more than they have now because everything they buy will now cost more?Ad hominems are usually considered fallacies. Want to try again without resorting to fallacy; or, I already won.How do you want me to "argue" with someone lacking in even the basics of economic theory, Daniel? It's quite obvious that this is a subject that you're totally ignorant about. So you'll spout nonsense that you heard in your Political Science class and I'll laugh at you.You never had a valid argument for rebuttal did you, Oldstyle.Never took a single Economic class...did you, Daniel?Simple math, right wingers. Even more difficult than simple English, right wingers.Why don't you learn simple English and then respond? They would be paying taxes if you raise the wage enough. Nobody takes right wingers seriously about economics, the law, morals, or politics. Right Wing fantasy is all they seem to know and understand.What? That might be the most clueless post of the day! People that make minimum wage don't pay Federal taxes, Daniel! So you think you can raise their wages to the point where they do and that will fix the deficit problem? You don't really know much about economics...do you?Raise the minimum wage until the Poor pay their fair capital share of the tax burden!
There should be no upper limit to markets.
So you're going to give them more money in order to take it away? That works in your economic model? Do yourself a favor...read Thomas Sowell's book on economics...specifically the chapter on minimum wage policy.