Wayfair to pay $15 an hour minimum

[pknopp]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Wow, your stupidity is astounding.

So, you think the fed is just giving money to the stock market?

These are short term loans that are repaid within 48 hours.

The Fed is propping up money market funds. Here's what that means for investors

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

www.cnbc.com

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

 

[Uncensored2008]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

LMAO....you mean the PPP loans? You do realize that those loans come with a caveat that the Company maintains its employee base and not fire them. In essence the Gov't is paying companies to pay their employees during the crisis. So IT IS GIVING THE MONEY TO THE PEOPLE.

In this case he is speaking of the infusing of liquidity into prime money market accounts. He simply doesn't grasp that this is merely capital on short term loans, that are repaid with interest to ensure that trading is not hampered by lack of liquidity.

Most leftist have zero grasp of how markets, or any sort of finance works. None of them can read a financial statement or understand the basics of capital flow,

Comrade pknopp is simple demonstrating his abject ignorance.

 

[Uncensored2008]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Wow, your stupidity is astounding.

So, you think the fed is just giving money to the stock market?

These are short term loans that are repaid within 48 hours.

The Fed is propping up money market funds. Here's what that means for investors

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

www.cnbc.com

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Again, you are abjectly ignorant.

{ The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, }

Second day in a row? What does that mean? On, that the funds from the prior day were repaid.

Quite simply, you don't have a fucking clue what you're yapping about, You are operating from a position of insane ignorance.

 

[Uncensored2008]

Great point. Teachers today don’t make what they used to. Neither do new ford and gm employees.

True, teachers make what doctors used to make.

Grade school teachers have on average 6 figure salaries. College professors average in 7 figures, while pontificating about income equality.

I don’t think what you just said is true. My sister in law has her masters and makes around $80,000. New teachers today don’t make that much.

And college professors have taken a huge hit over the last few decades. It used to be a great paying gig. Now temp or adjunct professors make $30,000 a year.

On day one they don't.

Teachers often make $200K + when perquisites are considered. Like most government jobs, outrageous benefits such as retirement many times base salary are common.

 

[pknopp]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

LMAO....you mean the PPP loans? You do realize that those loans come with a caveat that the Company maintains its employee base and not fire them. In essence the Gov't is paying companies to pay their employees during the crisis. So IT IS GIVING THE MONEY TO THE PEOPLE.

In this case he is speaking of the infusing of liquidity into prime money market accounts. He simply doesn't grasp .........

It's fully grasped.

 

[pknopp]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Wow, your stupidity is astounding.

So, you think the fed is just giving money to the stock market?

These are short term loans that are repaid within 48 hours.

The Fed is propping up money market funds. Here's what that means for investors

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

www.cnbc.com

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Again, you are abjectly ignorant.

{ The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, }

Second day in a row? What does that mean? On, that the funds from the prior day were repaid.

Quite simply, you don't have a fucking clue what you're yapping about, You are operating from a position of insane ignorance.

Quantitative Easing is Now a Fixture, Not a Temporary Patch

It's Socialism for the markets.

It's not something being repaid.

 

[Uncensored2008]

Notice the pattern? No matter what profession we talk about republicans are always arguing that the workers are overpaid.

That's because you think government is the only "profession."

And yes, government "workers" are obscenely over compensated.

 

[Uncensored2008]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Wow, your stupidity is astounding.

So, you think the fed is just giving money to the stock market?

These are short term loans that are repaid within 48 hours.

The Fed is propping up money market funds. Here's what that means for investors

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

www.cnbc.com

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Again, you are abjectly ignorant.

{ The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, }

Second day in a row? What does that mean? On, that the funds from the prior day were repaid.

Quite simply, you don't have a fucking clue what you're yapping about, You are operating from a position of insane ignorance.

Quantitative Easing is Now a Fixture, Not a Temporary Patch

It's Socialism for the markets.

It's not something being repaid.

We are not talking about QE.

You're not helping yourself.

And no, QE is no "socialism" nor does it have anything to do with the stock market.

In a magic land where there are only Chickens and Corn, the people trade with checkers.

One egg costs one checker. One ear of corn costs one checker. But one year there is a bumper crop of corn, ten times the amount of corn is produced. If the one checker price remains, 90% of the corn will rot, as the chicken farms had no increase. Besides, there simply aren't as many checkers as ears of corn.

What do you do?

Introduce more checkers. The price of eggs will increase, but the corn will now be rationalized.

This is called monetary policy. Fiat currency is increased and decreased as the amount of goods and services in the market increase and decrease.

 

[AzogtheDefiler]

The government provides billions for the markets. Why not for everyone? This does not dilute the value? It doesn't make those left out fall even further behind?

Try again, and start by telling the truth this time.

Unlike you, I can back up my statements (though I was low)

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Wow, your stupidity is astounding.

So, you think the fed is just giving money to the stock market?

These are short term loans that are repaid within 48 hours.

The Fed is propping up money market funds. Here's what that means for investors

The Federal Reserve on Wednesday announced a move that's aimed at shoring up "prime" money market funds and keeping cash flowing in the U.S. financial system. Here's what that means for account holders.

www.cnbc.com

Fed to pump in more than $1 trillion in dramatic ramping up of market intervention amid coronavirus meltdown.

Again, you are abjectly ignorant.

{ The Federal Reserve stepped into financial markets Thursday for the second day in a row and the third time this week, }

Second day in a row? What does that mean? On, that the funds from the prior day were repaid.

Quite simply, you don't have a fucking clue what you're yapping about, You are operating from a position of insane ignorance.

Quantitative Easing is Now a Fixture, Not a Temporary Patch

It's Socialism for the markets.

It's not something being repaid.

QE is the printing of money. Bad idea. Very bad.

 

[Uncensored2008]

QE is the printing of money. Bad idea. Very bad.

Why?

Consider, in the 1980's due to the digital revolution, 20% real value was added to the economy. With a static money supply, what is the impact on other goods and services.

The money supply must have equilibrium with the aggregate value of market.

 

[Markle]

This is great. Goes to show that it can be done.

AND that there is no need for government interference.

Thank you, thank you so much!

 

[airplanemechanic]

Wayfair to Pay All U.S. Employees a Minimum of $15 Per Hour

More than 40% of hourly employees to receive pay increase effective immediately Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today announced that all U.S. employees will now make at least $15 per hour. The increase took effect on January 3, 2021 and applies...

investor.wayfair.com

The Biden effect in action.

The Biden effect in action.

The Biden effect?

Biden's hiding in his basement thinking about groping little girls. I doubt he's had much "effect" on any economic decisions of companies.

 

[Markle]

Wayfair to Pay All U.S. Employees a Minimum of $15 Per Hour

More than 40% of hourly employees to receive pay increase effective immediately Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today announced that all U.S. employees will now make at least $15 per hour. The increase took effect on January 3, 2021 and applies...

investor.wayfair.com

The Biden effect in action.

Target has done that for over a year. Big whoop.

That was a goal. As of today, their average base salary is $13.35 per hour with the range being $10.00 - $14.00 per hour.

 

[Markle]

This is great. Goes to show that it can be done.

Pretty sure the prices on Wayfair will be jacked up now so they will lose sales and have higher expenses. Explains why they can't make money.

You can pay a little more for your shelf or more in taxes to provide welfare for people who are not able to break the poverty level even despite working.

The entire problem is it doesn't matter if it's $7 bucks an hour or a $1,000 dollars an hour it's still minimum wage and must be subsidized

And somehow that is the responsibility of the employer? How?

 

[Markle]

It's just silly to suggest people have not gotten a raise in 20 years

Do you know what inflation is? Our raises haven’t kept up with inflation. Meanwhile the CEO’s pay has quadrupled. He got a good raise. Your raise didn’t even keep up with inflation.

Raises wer not given out during the bush years and certa8nly weren’t given after his Great Recession. Remember? Slowest recovery ever? Not for the rich. They recovered nicely.

I got several raises in the Reagan, Bush I, Clinton, Bush II(the biggest raises), Obama and Trump. Maybe those people you knew that didn’t get raises should have smartened up and changed where they decided to worked.

Sealy is an ignorant leftist. Doesn't understand free markets. Don't waste your time.

Maybe this op ed will make you less stupid

Reclaiming the Issues: "It's an Illegal Employer Problem"

Every time the media - or a Democrat - uses the phrase "Illegal Immigration" they are promoting one of Karl Rove's most potent Republican Party frames.

www.thomhartmann.com

Why is his opinion more valid than mine. Again, if I own a sub shop and don’t want to pay more than min wage, how am I hurting the employees when they are free to work elsewhere? Explain that.

A small company like that, you can pay whatever you want.

The problem is since you guys have destroyed unions and sent all those jobs overseas, employers don't feel the need to pay more than they have to. So they don't. So people are making less than they did 20 years ago but the CEO is making more than he ever did.

You seem to be ok with this.

Your ignorance is not surprising. Unions destroyed themselves. See Detroit. NO one is making less than they did 20 years ago. That's just foolish.

Send your thank you letter to former President Bill Clinton for the skyrocketing salary packages for CEOs.

 

[AzogtheDefiler]

QE is the printing of money. Bad idea. Very bad.

Why?

Consider, in the 1980's due to the digital revolution, 20% real value was added to the economy. With a static money supply, what is the impact on other goods and services.

The money supply must have equilibrium with the aggregate value of market.

Because eventually it will devalue the $ for now people crave the dollar but China is coming on strong to replace it as the global currency

 

[Markle]

Government sets a minimum wage because free markets would pay $2 hr if they had the power.

 

[Markle]

Walmart is our largest employer. It used to be GM. GM could send jobs overseas. Walmart can't.

Arrogance and Unions are what destroyed GM and the other auto manufacturers in the US. Don't think for a second that I don't hold their management responsible too. It wasn't the CEOs money so they would give in to the outrageous demands of the unions. So the unions priced themselves out of the market.

 

[Uncensored2008]

QE is the printing of money. Bad idea. Very bad.

Why?

Consider, in the 1980's due to the digital revolution, 20% real value was added to the economy. With a static money supply, what is the impact on other goods and services.

The money supply must have equilibrium with the aggregate value of market.

Because eventually it will devalue the $ for now people crave the dollar but China is coming on strong to replace it as the global currency

Only if the dollars in the market exceed the value of the currency floated. The currency must keep pace, up or down, with the goods and services offered.

 

[Markle]

You know what I mean. They'll pay as little as possible. It's not a recipe for higher wages it's a race to the bottom.

For common labor, sure.

Employers will pay as little as possible, in order to hire the best person for the job. There is a HUGE difference, as you know!

What happened to wages when President Donald Trump drove down the unemployment rate to 3.5 percent? Wages for the lower and middle-income worker increased by far more than the upper-income brackets AND, as you also know, that the wage gap narrowed.