Progressives always talk about mininum wage

[Erand7899]

2ndA, you are not an authority on anything.

Give us inflation rom 1813 to 1913, please.

I'm betting its not much.

Actually, after Jackson killed the Bank, inflation had was boom and bust with the cycles right up until 1913.

But we will require 2dA to document it before he can make any sensible predictions with his other chart.

You obviously do not know what the hell you are talking about. No one was collecting any real national financial or economic data prior to the Thirties. Economic activity was mostly local, and so were the booms and busts. What was happening in the Northeast had no effect on California, Colorado, Nevada, or pretty much any place outside of the rust belt. Even the great depression was not universal. Many areas remained prosperous throughout the depression. The massive buildup of military needs of WWII gave us our first national economy.

 

[JakeStarkey]

Erand, you continue to reveal your lack of understanding on these matters.

The 2nd industrial revolution was national, as were the booms and busts, particularly that monster of 1893 to 1897.

You can say whatever you want, and we will be glad to show you up.

 

[The2ndAmendment]

Erand, you continue to reveal your lack of understanding on these matters.

The 2nd industrial revolution was national, as were the booms and busts, particularly that monster of 1893 to 1897.

You can say whatever you want, and we will be glad to show you up.

...

Jake Fakey, you've alrady been showed up, and your sock account Prometheus.

You insinuated inflation followed the same trend from 1813 to 1913, as it did from 1913 to 2013.

At best, perhaps you meant the trend was the same logarithmically, since inflation is actually an exponential growth, but even then the data proves against that.

 

[OohPooPahDoo]

Erand, you continue to reveal your lack of understanding on these matters.

The 2nd industrial revolution was national, as were the booms and busts, particularly that monster of 1893 to 1897.

You can say whatever you want, and we will be glad to show you up.

...

Jake Fakey, you've alrady been showed up, and your sock account Prometheus.

You insinuated inflation followed the same trend from 1813 to 1913, as it did from 1913 to 2013.

No he didn't.

At best, perhaps you meant the trend was the same logarithmically, since inflation is actually an exponential growth, but even then the data proves against that.

The data will also show the economy grew at a snails pace between 1813 and 1913 when compared to 1913-2013.

 

[JakeStarkey]

2dA will lie in heartbeat.

I said the economy in the 2d Industrial Revolution was a national one, not that "inflation followed the same trend from 1813 to 1913, as it did from 1913 to 2013."

 

[The2ndAmendment]

2dA will lie in heartbeat.

I said the economy in the 2d Industrial Revolution was a national one, not that "inflation followed the same trend from 1813 to 1913, as it did from 1913 to 2013."

What did you mean by this comment then:

2ndA, you are not an authority on anything.

Give us inflation from 1813 to 1913, please.

 

[JakeStarkey]

Exactly what it says: "2ndA, you are not an authority on anything. Give us inflation from 1813 to 1913, please." Step to it, son.

 

[rightwinger]

The key to minimum wage or not paying a living wage for your area is ....Who makes up the difference?

If you don't pay your workers a wage on which they can support themselves or their families, it is the taxpayer who steps in to pay housing subsidies, food stamps for medical care

THe business profits off of substandard wages and leaves it up to the taxpayer to make up the difference

There is no such thing as a substandard wage.

No individual member of a free society owes any other member of that society the means to support themselves or their families. It is the responsibility of every person to provide for their own support and the support of their own families.

No half way intelligent, sane individual would ever believe that they can support a family on a minimum wage job. It is not possible with the minimum wage at $7.50, and it would not be possible with the minimum wage at $15.00 or even $20.00.

In the Fifties, skilled workers made between $5,000 and $10,000 per year. Now, skilled workers make $40,000 to $50,000 per year, and they do not live one damn bit better than they did in the Fifties.

Does that give you a clue as to why raising the mimimum wage is a dumb idea? If not, look up the term "wage inflation".

Of course....let the employer pay what the market will bear

Then, let's bill the employers for what taxpayers have to dish out ito support their workforce for them

Sounds fair

 

[The2ndAmendment]

Exactly what it says: "2ndA, you are not an authority on anything. Give us inflation from 1813 to 1913, please." Step to it, son.

I posted it already...

I also updated the OP with three graphs on the subject.

 

[JakeStarkey]

So you posted pictures.

Now interpret them, particular with inflation and prices in relation to the economy.

Oop will be glad to help you.

 

[The2ndAmendment]

So you posted pictures.

Now interpret them, particular with inflation and prices in relation to the economy.

Oop will be glad to help you.

Is there a reason you never offer your own input, ideas or interpretations? You are notorious on these boards for NEVER declaring you actual stance or principles.

Who are you?

What are you?

 

[JakeStarkey]

Because I can't respond to unfounded allegations.

Make your case. The charts don't.

 

[Vox]

Because it doesn't keep up with inflation.

Yet, inflation is the problem, not the wage.

What is (massive) inflation caused by?

Printing Money.

What is printing money caused by?

Borrowing money.

What is borrowing money caused by?

The Republican "Deficits don't matter" when a Republican is president philosophy.

"Reagan proved deficits don't matter."
Dick Cheney

'I don't worry about the deficit. It's big enough to take care of itself.'
Ronald Reagan

Reagan created tens of millions of jobs and the economy was booming and growing.

with today's failure in the WH deficits DO matter - there are no jobs and unemployment is extremely high, and there is practically NO GROWTH.

So yes, in this climate deficits DO MATTER

 

[JakeStarkey]

"with today's failure in the WH deficits DO matter - there are no jobs and unemployment is extremely high, and there is practically NO GROWTH"

Stupid statement with no support. In fact there is job growth, almost all if not all jobs have been replaced and many more are to come. Unemployment is too high but it is 3 points lower that RR's at his worst unemployment rate.

Because you made the affirmation, Vox, you have to support it with evidence before you can ask me to refute it with evidence.

That is where the retard reactionary far right fails so miserably: analysis and support for its positions.

 

[Yurt]

jake, you have never once supported anything you've claimed

stop being a hypocrite

and comparing today's unemployment with reagan's is stupid, then again, you are good at stupid

 

[Uncensored2008]

The spending problems are because of the right wing trash. Reagan spent the nation into oblivion and W took the biggest surplus in US history, and turned it into the biggest deficit.

The GOP doesn't give a damn about fiscal responsibility.

Yeah, in 8 years, Reagan spent almost as much as Obama does in an average week.....

 

[JakeStarkey]

Yurt, you are lying: nothing new.

Stay on OP or . . .

 

[Yurt]

Yurt, you are lying: nothing new.

Stay on OP or . . .

what did i lie about?

and why did you ignore my comment about unemployment and why did you post NOTHING about the OP?

oh wait.....i already know

 

[JakeStarkey]

Yurt is now on Ignore because he keeps lying. He is not Republican, merely a far right reactionary.

 

[The2ndAmendment]

Yurt, you are lying: nothing new.

Stay on OP or . . .

what did i lie about?

and why did you ignore my comment about unemployment and why did you post NOTHING about the OP?

oh wait.....i already know

Jake Fakey has kept his OWN ideology, beliefs and stances a mystery on this Board ever since he created his account. You cannot debate when the other side presents nothing to contrast.