What would happen to the economy if minimum wages are raised?

[Spare_change]

Really why use a financial planner I thought you could learn to do it on your own?
And how much will be left a month on your welfare card to invest in the market?

$10?

depends; i could rent a room with someone and go to school.

And of course you want us to pay your tuition

you are already paying for a War on Poverty. Why not actually solve simple poverty.

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

I don't mind that ... I just want to make sure he doesn't think it grows in MY backyard.

 

[danielpalos]

only the right never gets it; Capitalism's natural rate of unemployment is only natural to capitalism. a more efficient economy is what we will get, by making capital work instead of fools or horses.

Capitalism's natural rate of unemployment

Give us the definition.

is only natural to capitalism

Socialism's rate of unemployment is better? LOL!

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

They have homeless and working poor in New Zealand and they make $15 plus an hour..


Your spinning your wheels kid you have no clue what wealth really is.


.

working poor and homeless are two different things.

it only takes an income.

 

[danielpalos]

only the right never gets it; Capitalism's natural rate of unemployment is only natural to capitalism. a more efficient economy is what we will get, by making capital work instead of fools or horses.

Capitalism's natural rate of unemployment

Give us the definition.

is only natural to capitalism

Socialism's rate of unemployment is better? LOL!

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

What is this "finest capital economy in the world"?

I'm not sure what you mean by a "command economy" and "command economize". Can you restate your thought?

the US. and command economies should be able to command economize their economies; that is the command part.

 

[Wyatt earp]

depends; i could rent a room with someone and go to school.

And of course you want us to pay your tuition

you are already paying for a War on Poverty. Why not actually solve simple poverty.

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

 

[danielpalos]

And of course you want us to pay your tuition

you are already paying for a War on Poverty. Why not actually solve simple poverty.

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

 

[Spare_change]

It also decreases the worker pool, kills children, ruins families, increases medical costs, drives up social rescue costs, and destroys economies.

Pay me now or pay me later.

no, it doesn't; alcohol proved it.

Actually, comparing alcohol addiction to opoid addiction is like comparing slingshots to bazookas. You need to do your research. (Particularly, at the impact on actual brain structural changes as a result of the two addictions).

Further, the societal and financial impacts of drug addiction are catastrophic.

alcohol is worse; it can kill upon overdose and can kill when trying to quit, once addicted.

Seriously?

Are you really that misguided, that misinformed? No wonder they have such a drug problem in Europe.

In the US, approximately 6 people a day die from alcohol - that's about 1900 a year. Last year, 30,000 people died from opiod abuse. Which one is worse again?

just making up figures?



Drinking too much can harm your health. Excessive alcohol use led to approximately 88,000 deaths and 2.5 million years of potential life lost (YPLL) each year in the United States from 2006 – 2010, shortening the lives of those who died by an average of 30 years.1,2 Further, excessive drinking was responsible for 1 in 10 deaths among working-age adults aged 20-64 years. The economic costs of excessive alcohol consumption in 2010 were estimated at $249 billion, or $2.05 a drink.--https://www.cdc.gov/alcohol/fact-sheets/alcohol-use.htm

Alcohol does that.

Your figures are misleading .... it assumes that alcohol was the primary contributing factor to all deaths in which alcohol was a factor. 1,900 people died of alcohol poisoning ... 30,000 died from opioid poisoning. THOSE are the facts.

 

[Wyatt earp]

Capitalism's natural rate of unemployment

Give us the definition.

is only natural to capitalism

Socialism's rate of unemployment is better? LOL!

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

They have homeless and working poor in New Zealand and they make $15 plus an hour..


Your spinning your wheels kid you have no clue what wealth really is.


.

working poor and homeless are two different things.

it only takes an income.

Same thing in New Zealand..


You should read up on it I already know all about it and posted the situation in New Zealand here a few times


.

 

[Wyatt earp]

you are already paying for a War on Poverty. Why not actually solve simple poverty.

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

 

[Spare_change]

Capitalism's natural rate of unemployment

Give us the definition.

is only natural to capitalism

Socialism's rate of unemployment is better? LOL!

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

What is this "finest capital economy in the world"?

I'm not sure what you mean by a "command economy" and "command economize". Can you restate your thought?

the US. and command economies should be able to command economize their economies; that is the command part.

Sorry --- the two are diametrically opposed.

A command economy is an economy in which production, investment, prices, and incomes are determined centrally by a government.

The US is a capital economy .... the government does NOT control production, investment prices, and incomes.

I'm not sure I understand why you think the US economy should be able to control these things. In fact, I know I don't understand your logic.

 

[danielpalos]

no, it doesn't; alcohol proved it.

Actually, comparing alcohol addiction to opoid addiction is like comparing slingshots to bazookas. You need to do your research. (Particularly, at the impact on actual brain structural changes as a result of the two addictions).

Further, the societal and financial impacts of drug addiction are catastrophic.

alcohol is worse; it can kill upon overdose and can kill when trying to quit, once addicted.

Seriously?

Are you really that misguided, that misinformed? No wonder they have such a drug problem in Europe.

In the US, approximately 6 people a day die from alcohol - that's about 1900 a year. Last year, 30,000 people died from opiod abuse. Which one is worse again?

just making up figures?



Drinking too much can harm your health. Excessive alcohol use led to approximately 88,000 deaths and 2.5 million years of potential life lost (YPLL) each year in the United States from 2006 – 2010, shortening the lives of those who died by an average of 30 years.1,2 Further, excessive drinking was responsible for 1 in 10 deaths among working-age adults aged 20-64 years. The economic costs of excessive alcohol consumption in 2010 were estimated at $249 billion, or $2.05 a drink.--https://www.cdc.gov/alcohol/fact-sheets/alcohol-use.htm

Alcohol does that.

Your figures are misleading .... it assumes that alcohol was the primary contributing factor to all deaths in which alcohol was a factor. 1,900 people died of alcohol poisoning ... 30,000 died from opioid poisoning. THOSE are the facts.

those are CDC numbers; where are you getting yours from?

 

[Wyatt earp]

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

You fucking hate people busting their ass working 100 hours a week and making money..


Because you don't want to do it.

Its to hard for you, you would rather smoke pot and jack off ...


.


Am I right?


Of course I am.


.

 

[danielpalos]

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

They have homeless and working poor in New Zealand and they make $15 plus an hour..


Your spinning your wheels kid you have no clue what wealth really is.


.

working poor and homeless are two different things.

it only takes an income.

Same thing in New Zealand..


You should read up on it I already know all about it and posted the situation in New Zealand here a few times


.

doesn't matter. it would in New Zealand as well as long as they subscribe to the concept of employment at will.

 

[danielpalos]

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

a lack of equal protection of the law is stealing. only the right, never gets it.

 

[danielpalos]

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

You fucking hate people busting their ass working 100 hours a week and making money..


Because you don't want to do it.

Its to hard for you, you would rather smoke pot and jack off ...


.


Am I right?


Of course I am.


.

I only believe, fools and horses should Have to work. that is all.

 

[Toddsterpatriot]

Capitalism's natural rate of unemployment

Give us the definition.

is only natural to capitalism

Socialism's rate of unemployment is better? LOL!

socialism eliminated capitalism's, boom and bust cycle.

You bet.

There is no boom and bust cycle in Venezuela.
Thank goodness for that.

we still have homelessness in the finest capital economy in the world.

shouldn't a command economy be able to command economize?

we still have homelessness in the finest capital economy in the world.

Yes we do. We don't force the mentally ill into institutions anymore.
What does that have to do with capitalism?

shouldn't a command economy be able to command economize?

Shouldn't a command economy be able to provide toilet paper?

not all homeless have mental problems, only capital problems that can easily be solved on an at-will basis.

yes, it should; only bad management prevents it.

not all homeless have mental problems,

Most do.

only capital problems that can easily be solved on an at-will basis.

You should give them your capital, you heartless bastard!

 

[Toddsterpatriot]

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

a lack of equal protection of the law is stealing. only the right, never gets it.

a lack of equal protection of the law

Workers and non-workers have the same protections.

 

[Spare_change]

depends; i could rent a room with someone and go to school.

And of course you want us to pay your tuition

you are already paying for a War on Poverty. Why not actually solve simple poverty.

Maybe you can explain to all of us uninitiated you propose to eliminate poverty.

This is going to be real interesting ... and revealing.

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Got it. So,you want something you haven't earned, and have no intention of working for, simply because you're breathing, right? And, in order to get your deserved award, you're willing to steal it - with government permission - from someone who did earn it, right?

Got any idea just how egotistical that sounds?

 

[Spare_change]

This kid really thinks there is a money tree.

i think the rich have not enough use for their money and should be Taxed into Heaven.

Another thing you have not a clue about..they Dont get a pay check and we know to bad you would never see a dime of it if they were...


Hey danny boy how much of the 8 trillion dollars that Obama spent went into your back pocket?


Lol

.

nothing but propaganda and diversion by fiat? how credible is that.

Again fool its the same thing how much would you get if the rich were taxed to high heaven..the answer is zero..


You just want the satisfaction of the government stealing their money, nothing more nothing less.



.

You fucking hate people busting their ass working 100 hours a week and making money..


Because you don't want to do it.

Its to hard for you, you would rather smoke pot and jack off ...


.


Am I right?


Of course I am.


.

Hell, I'd rather smoke pot and jack off, too.

But, I've got to go to work.

 

[EdwardBaiamonte]

Why is that, with a fifteen dollar an hour minimum wage? Doesn't that mean, the working poor will have more money to spend, to create more demand, in the long run?

McDonalds is already switching to Kiosks, robots(Pepper) and Ipads so higher wages will mean fewer jobs and less income for poor people and less demand in economy. Econ 101

unemployment compensation simply for being unemployed, solves that simple problem, dear.

McDonalds is already switching to Kiosks, robots(Pepper) and Ipads so higher wages will mean fewer jobs and less income for poor people and less demand in economy. Econ 101

 

[Eloy]

Politicians who care more about their working class families than corporation executive salaries and stockholders dividends will make a minimum wage a living wage by law.

No, they will not, and here is why.

1. They do hear from economists, and know that a MW raised that high that fast would kill the economy.
2. ANY MW that's supposed to be a "living wage" will end up simply chasing an ideal that can never be reached. First, jacking the MW increases inflation and within a short period of time erases any benefit. Secondly, those who got big raises and didn't lose their jobs and those who benefit politically from their votes will, in VERY short order, decide that whatever they set the MW to just isn't enough, and will insist on raising it yet again.
3. There is a significant number of people who would like to work and who would benefit from working, but don't need to be paid a lot to do so. Jacking the MW too high simply prices them out of the market, leaving them unemployed. You graduated from high school and want to start working? Great, just wait a few years until something opens up or enough experienced workers die to give you a spot.

Economists did not see the crash coming and cannot be trusted with predictions.

It is common sense that rapidly and drastically increasing the MW costs jobs.

Actually it is employer and commercial TV propaganda who care only about their own profits.

Okay, here's reality. Employers care about their profits, employees care about their paychecks and getting raises. Employers want to pay as little as possible for as much work as possible, and employees want to be paid as much as possible for as little work as possible. Now, how many new employees can a company hire and pay without profits?

In civilized countries, ethical employers care about more than profits and workers care about providing for their families.