Biden says he'll raise all the money needed by taxing anyone making over $400,000 a year.

[danielpalos]

You're embarrassing yourself in this string, Daniel and it's just going to get worse. Why try and argue something that you know so little about?

Says the guy with no valid arguments only fallacy, in the public domain.

I provided valid arguments...you provided gibberish! It's what people do when they don't have enough knowledge to MAKE a valid argument!

lol. I provided more valid arguments than You. See how easy that is.

I just asked about as simple a question as there is, Daniel and you don't seem to have an answer for it. Why is that?

LOL. Which question was that, right winger? All I see in the past few posts from You is nothing but ad hominems.

This is the kind of basic economic theory that is covered in Econ 101, Daniel! Ad hominems? (sic) What are you talking about?

You have no idea what economics 101 is about.

It's about Macro and Micro Economics. People that went to college and took any economics classes at all generally started with those two! I took both at the University of Massachusetts. I don't think YOU have a clue what Economics 101 is about because it's rather obvious you never took those classes if you ever did go to college!

All Talk and no valid arguments yet. Why not?

 

[danielpalos]

Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.

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?

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.

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.

Simple math, right wingers. Even more difficult than simple English, right wingers.

Never took a single Economic class...did you, Daniel?

You never had a valid argument for rebuttal did you, Oldstyle.

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.

Forget economic theories, he can't even look at a table and see simple numbers.

I see Labor costs at 3.6 percent.

Exactly. That proves you are an idiot.

Show how I am wrong.

Ok kid, I'll hold your hand one time. Scan down the column of numbers until you find 15.1%. Then look to the left (ask someone which direction that is if you have to) and tell me what costs that 15.1%.

I have no confidence in your ability to follow these simple instructions.

Post your list again.

Not my list.

It clearly states Labor costs at 3.6 percent. Prove me Wrong, right winger. I love being Right, even though I am on the left.

You don't know the difference between "cost of goods sold" and "operating expenses", Moron.

And you are clearly too stupid to even scan down a column of numbers.

It clearly shows the cost of Labor. Show me where your 15.1 percent number says the same thing.

Thanks for proving my post.

You are the one using all of labor not just minimum wage labor. I never claimed all salaried personnel should have their salaries doubled.

What makes you think all labor that goes into the cost of goods is minimum wage labor? You are a clueless dolt.

We were discussing doubling the minimum wage.

So? Answer the question. What makes you think all labor that goes into the cost of goods is minimum wage labor?


Once again you expose what a clueless moron you are.

You are the one claiming an outrageous rate of inflation. Even at fifteen point one percent, that won't happen.

Really? I did? What outrageous rate of inflation did I claim?

Quote the post.

So, then you have no problem with raising the minimum wage.

I accept your admission you are a lying sack who can’t show where I said what you claimed.

Maybe I confused You with all of the other right wingers who were.

So, then you have no problem with raising the minimum wage.

 

[danielpalos]

I know you're not well versed in economic theory, Daniel but on some levels this is pretty easy stuff! Raising the minimum wage has to result in raises across the labor market. People that have skills WILL demand that they be paid for those skills! You know that's true. So if everyone gets a raise then what have you really accomplished for those making minimum wage? You've put more money in their pockets...but that money will be worth less! So what have you REALLY done for them?

So what; I know you are even more clueless and Causeless. Why should anyone care, if wages outpace inflation on an Institutional basis? That is the simplest I can make it for you, right wingers.

Since wages CAUSE inflation it's highly doubtful that they ever CAN outpace inflation! What part of that concept can't you grasp?

Wages are not the Only cost of inflation and cannot be so with minimum wage labor.

I didn't say they were the ONLY cause of inflation! I simply pointed out that large wage increases typically cause inflation. You STILL haven't answered my question! Why the difficulty, Daniel?

So what. Inflation happens Regardless. Wages merely need to outpace inflation on an Institutional basis.

 

[danielpalos]

Let's get down to basics then...shall we?

What causes inflation, Daniel?

Demand versus supply.

 

[Oldestyle]

You're embarrassing yourself in this string, Daniel and it's just going to get worse. Why try and argue something that you know so little about?

Says the guy with no valid arguments only fallacy, in the public domain.

I provided valid arguments...you provided gibberish! It's what people do when they don't have enough knowledge to MAKE a valid argument!

lol. I provided more valid arguments than You. See how easy that is.

I just asked about as simple a question as there is, Daniel and you don't seem to have an answer for it. Why is that?

LOL. Which question was that, right winger? All I see in the past few posts from You is nothing but ad hominems.

This is the kind of basic economic theory that is covered in Econ 101, Daniel! Ad hominems? (sic) What are you talking about?

You have no idea what economics 101 is about.

It's about Macro and Micro Economics. People that went to college and took any economics classes at all generally started with those two! I took both at the University of Massachusetts. I don't think YOU have a clue what Economics 101 is about because it's rather obvious you never took those classes if you ever did go to college!

All Talk and no valid arguments yet. Why not?

Seriously, Daniel? How many times do I have to ask you a very simple question before I get an answer out of you?

 

[Oldestyle]

I know you're not well versed in economic theory, Daniel but on some levels this is pretty easy stuff! Raising the minimum wage has to result in raises across the labor market. People that have skills WILL demand that they be paid for those skills! You know that's true. So if everyone gets a raise then what have you really accomplished for those making minimum wage? You've put more money in their pockets...but that money will be worth less! So what have you REALLY done for them?

So what; I know you are even more clueless and Causeless. Why should anyone care, if wages outpace inflation on an Institutional basis? That is the simplest I can make it for you, right wingers.

Since wages CAUSE inflation it's highly doubtful that they ever CAN outpace inflation! What part of that concept can't you grasp?

Wages are not the Only cost of inflation and cannot be so with minimum wage labor.

I didn't say they were the ONLY cause of inflation! I simply pointed out that large wage increases typically cause inflation. You STILL haven't answered my question! Why the difficulty, Daniel?

So what. Inflation happens Regardless. Wages merely need to outpace inflation on an Institutional basis.

Inflation doesn't just "happen", Daniel! It's caused by things! You don't seem to have a CLUE what those things are! What's worse...you seem to be too lazy to educate yourself so you DO have a clue!

 

[Nostra]

Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.

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?

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.

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.

Simple math, right wingers. Even more difficult than simple English, right wingers.

Never took a single Economic class...did you, Daniel?

You never had a valid argument for rebuttal did you, Oldstyle.

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.

Forget economic theories, he can't even look at a table and see simple numbers.

I see Labor costs at 3.6 percent.

Exactly. That proves you are an idiot.

Show how I am wrong.

Ok kid, I'll hold your hand one time. Scan down the column of numbers until you find 15.1%. Then look to the left (ask someone which direction that is if you have to) and tell me what costs that 15.1%.

I have no confidence in your ability to follow these simple instructions.

Post your list again.

Not my list.

It clearly states Labor costs at 3.6 percent. Prove me Wrong, right winger. I love being Right, even though I am on the left.

You don't know the difference between "cost of goods sold" and "operating expenses", Moron.

And you are clearly too stupid to even scan down a column of numbers.

It clearly shows the cost of Labor. Show me where your 15.1 percent number says the same thing.

Thanks for proving my post.

You are the one using all of labor not just minimum wage labor. I never claimed all salaried personnel should have their salaries doubled.

What makes you think all labor that goes into the cost of goods is minimum wage labor? You are a clueless dolt.

We were discussing doubling the minimum wage.

So? Answer the question. What makes you think all labor that goes into the cost of goods is minimum wage labor?


Once again you expose what a clueless moron you are.

You are the one claiming an outrageous rate of inflation. Even at fifteen point one percent, that won't happen.

Really? I did? What outrageous rate of inflation did I claim?

Quote the post.

So, then you have no problem with raising the minimum wage.

I accept your admission you are a lying sack who can’t show where I said what you claimed.

Maybe I confused You with all of the other right wingers who were.

So, then you have no problem with raising the minimum wage.

Never said that either.

Keep digging.

 

[Oldestyle]

Let's get down to basics then...shall we?

What causes inflation, Daniel?

Demand versus supply.

And?
I'll give you a hint, Daniel! Demand Pull and Cost Push.

 

[Missouri_Mike]

..they already pay MORE than their share
MORE taxes is going to kill the US

Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.


"...we have free shit."


.

Raise the minimum wage until the Poor pay their fair capital share!

I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!

lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!

Wages need to outpace inflation on an Institutional basis. And, higher paid Labor should be able to afford an accountant. Because, higher paid Labor creates more in Demand and can pay more in Taxes.

Whoever taught you this shit should be hung.

 

[danielpalos]

I know you're not well versed in economic theory, Daniel but on some levels this is pretty easy stuff! Raising the minimum wage has to result in raises across the labor market. People that have skills WILL demand that they be paid for those skills! You know that's true. So if everyone gets a raise then what have you really accomplished for those making minimum wage? You've put more money in their pockets...but that money will be worth less! So what have you REALLY done for them?

So what; I know you are even more clueless and Causeless. Why should anyone care, if wages outpace inflation on an Institutional basis? That is the simplest I can make it for you, right wingers.

Since wages CAUSE inflation it's highly doubtful that they ever CAN outpace inflation! What part of that concept can't you grasp?

Wages are not the Only cost of inflation and cannot be so with minimum wage labor.

I didn't say they were the ONLY cause of inflation! I simply pointed out that large wage increases typically cause inflation. You STILL haven't answered my question! Why the difficulty, Daniel?

So what. Inflation happens Regardless. Wages merely need to outpace inflation on an Institutional basis.

Inflation doesn't just "happen", Daniel! It's caused by things! You don't seem to have a CLUE what those things are! What's worse...you seem to be too lazy to educate yourself so you DO have a clue!

Those Things happen and result in inflation, Regardless.

 

[danielpalos]

Let's get down to basics then...shall we?

What causes inflation, Daniel?

Demand versus supply.

And?
I'll give you a hint, Daniel! Demand Pull and Cost Push.

Tomatoes.

 

[danielpalos]

..they already pay MORE than their share
MORE taxes is going to kill the US

Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.


"...we have free shit."


.

Raise the minimum wage until the Poor pay their fair capital share!

I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!

lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!

Wages need to outpace inflation on an Institutional basis. And, higher paid Labor should be able to afford an accountant. Because, higher paid Labor creates more in Demand and can pay more in Taxes.

Whoever taught you this shit should be hung.

You need valid arguments not just right wing fantasy. It is modern times.

 

[gmeyers1944]

Healthcare plan: $750 billion
Biden wants to expand Obamacare significantly by increasing its subsidies and creating a government-run plan that would erode private insurance over time.

So here is what will happen if Biden as part of his $6 Trillion expenditures is to "erode private insurance"...
There are 907 private health insurance companies that cover 49% of all Americans.
These companies employ over 500,000 people that average $40,000 a year in salaries.
These companies pay over $100 BILLION a year in Federal/state and local taxes to communities where they have offices.
COSTS for eliminating 907 private insurance companies:
500,000 people and employers pay on average 12.4% of salaries in payroll taxes or: $2.48 Billion a year in LOST Federal payroll taxes.
500,000 people on unemployment for 26 weeks at $400/week or $5.2 billion PAID OUT to these people... was that cost figured?
Now these 907 companies pay $100 billion a year in federal/state/local/property taxes... GONE.

So if the above over $100 billion in tax revenue is eliminated and $5.2 billion going out for unemployment... where will the $6 Trillion Biden will spend come from?

Countries with government funded health care spend half what the US spends and they have better outcomes, and a healthier population.

More than 30% of ever dollar Americans spend on healthcare goes to “administration and billing”. In single payer countries that figure is closer to 5%. Just the savings in premiums payable to private insurance being reduced to eliminate the profit factor would save Americans so much aggravation and money.

America Outperforms Canada in Surgery Wait Times—And It's Not Even Close

America’s health system is certainly flawed and in need of reform, but there is clearly something working well enough that our system, despite already treating ten times more cases of appendicitis, can absorb the dissatisfied Canadians.

fee.org

Americans receive healthcare in a much more timely fashion than other countries like Canada. Canadians come to America to receive timely healthcare. Waiting times for cancer-detecting and surgery in Canada could take so much time, you just may die in the meantime.

 

[Missouri_Mike]

Raise the minimum wage until the Poor pay their fair capital share of the tax burden!

There should be no upper limit to markets.

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?

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.

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.

Simple math, right wingers. Even more difficult than simple English, right wingers.

Never took a single Economic class...did you, Daniel?

You never had a valid argument for rebuttal did you, Oldstyle.

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.

Forget economic theories, he can't even look at a table and see simple numbers.

I see Labor costs at 3.6 percent.

Exactly. That proves you are an idiot.

Show how I am wrong.

Ok kid, I'll hold your hand one time. Scan down the column of numbers until you find 15.1%. Then look to the left (ask someone which direction that is if you have to) and tell me what costs that 15.1%.

I have no confidence in your ability to follow these simple instructions.

Post your list again.

Not my list.

It clearly states Labor costs at 3.6 percent. Prove me Wrong, right winger. I love being Right, even though I am on the left.

You moron. Labor is always at least 45-50% of every business. Where the hell are you getting 3.6?

 

[Missouri_Mike]

..they already pay MORE than their share
MORE taxes is going to kill the US

Class Warfare: 'The 'rich' who have more than you need to have their money taken and given to you.....everyone should make / have the same....the incentive for no one to work....socialism.


"...we have free shit."


.

Raise the minimum wage until the Poor pay their fair capital share!

I'd almost like to see the left try this just to hear the HOWLS of indignation when the POOR get a bill in the mail from the IRS for the taxes they owe!

lol. They want to be taken as seriously as the Rich.

Oh, they'll be "taken" all right! It will take a little while for them to figure out that a big raise doesn't mean a thing if the cost of everything they buy goes up as well plus they'll now be paying your tax! When they DO figure it out...they aren't going to be pissed at conservatives, Daniel...they're going to be pissed at the liberals who duped them!

Wages need to outpace inflation on an Institutional basis. And, higher paid Labor should be able to afford an accountant. Because, higher paid Labor creates more in Demand and can pay more in Taxes.

Whoever taught you this shit should be hung.

You need valid arguments not just right wing fantasy. It is modern times.

I’ve got news for you dipshit. Modern times doesn’t negate centuries old math.

 

[Oldestyle]

I know you're not well versed in economic theory, Daniel but on some levels this is pretty easy stuff! Raising the minimum wage has to result in raises across the labor market. People that have skills WILL demand that they be paid for those skills! You know that's true. So if everyone gets a raise then what have you really accomplished for those making minimum wage? You've put more money in their pockets...but that money will be worth less! So what have you REALLY done for them?

So what; I know you are even more clueless and Causeless. Why should anyone care, if wages outpace inflation on an Institutional basis? That is the simplest I can make it for you, right wingers.

Since wages CAUSE inflation it's highly doubtful that they ever CAN outpace inflation! What part of that concept can't you grasp?

Wages are not the Only cost of inflation and cannot be so with minimum wage labor.

I didn't say they were the ONLY cause of inflation! I simply pointed out that large wage increases typically cause inflation. You STILL haven't answered my question! Why the difficulty, Daniel?

So what. Inflation happens Regardless. Wages merely need to outpace inflation on an Institutional basis.

Inflation doesn't just "happen", Daniel! It's caused by things! You don't seem to have a CLUE what those things are! What's worse...you seem to be too lazy to educate yourself so you DO have a clue!

Those Things happen and result in inflation, Regardless.

Wouldn't you feel better about yourself if you actually knew some basic Economic theory, Daniel? It would only take a few hours and then you wouldn't be making a fool of yourself in internet chat rooms saying things like "things happen"! A mind is a terrible thing to waste...just saying...

 

[Oldestyle]

Let's get down to basics then...shall we?

What causes inflation, Daniel?

Demand versus supply.

And?
I'll give you a hint, Daniel! Demand Pull and Cost Push.

Tomatoes.

Oh, I bet your teachers just loved you, Daniel! Tomatoes? Sure...

 

[AZrailwhale]

Healthcare plan: $750 billion
Biden wants to expand Obamacare significantly by increasing its subsidies and creating a government-run plan that would erode private insurance over time.

So here is what will happen if Biden as part of his $6 Trillion expenditures is to "erode private insurance"...
There are 907 private health insurance companies that cover 49% of all Americans.
These companies employ over 500,000 people that average $40,000 a year in salaries.
These companies pay over $100 BILLION a year in Federal/state and local taxes to communities where they have offices.
COSTS for eliminating 907 private insurance companies:
500,000 people and employers pay on average 12.4% of salaries in payroll taxes or: $2.48 Billion a year in LOST Federal payroll taxes.
500,000 people on unemployment for 26 weeks at $400/week or $5.2 billion PAID OUT to these people... was that cost figured?
Now these 907 companies pay $100 billion a year in federal/state/local/property taxes... GONE.

So if the above over $100 billion in tax revenue is eliminated and $5.2 billion going out for unemployment... where will the $6 Trillion Biden will spend come from?

Countries with government funded health care spend half what the US spends and they have better outcomes, and a healthier population.

More than 30% of ever dollar Americans spend on healthcare goes to “administration and billing”. In single payer countries that figure is closer to 5%. Just the savings in premiums payable to private insurance being reduced to eliminate the profit factor would save Americans so much aggravation and money.

you just admitted the government involvement is our problem,,,

admin and billing costs are due to gov regs,,,

So, why do Government single payers systems cost less?

Because they are in less litigious societies. Here in the USA a doctor can get sued for not doing enough, so they order every possible test and every remotely effective treatment regardless of cost or applicability to protect themselves. When the government is running things,it can’t be sued for poor results.

 

[LeftofLeft]

Now Repubs are concerned about government spending? Under Trump the debt has increased how much in three years?

5.23 trillion..That was July's figure.

Are Democrats going to cut spending?

 

[basquebromance]

because of their arrogance that they can rig this election easily, the people will revolt, and the Biden-Harris house of cards will come crumbling down