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

[danielpalos]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

it isn't used very often, since fantasy is all the right wing usually has.

 

[hadit]

You are paid due to your skill and what the market will bear. Artificially increasing wages will raise the price of the product you produce. This will bankrupt the company you work for and then you are in the unemployment line again.

Not if everyone made 15 bucks minimum wage, take from the top and spread it around. They will have no choice. Time to create a smaller class divide.

There isn't enough "at the top" to pay everyone a high wage.

yes, there is.

Numbers, provide numbers. Then take into account that inflation will erase any gains in a matter of a few years.

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

 

[hadit]

Show the numbers. What percentage of working people will choose not to work if they are guaranteed an income? You seem to think that you can have it all, you won't have to work and you'll get a guaranteed income you can use to buy legal pot while you live in Mom's basement. It doesn't work that way.

Only Capital has to work under Any form of Capitalism. Only the right, never gets it. How many people are going to want to stay poor, on an at-will basis? That is the question the right needs to address. Only the Religious, are that moral, to do it for "free".

You are one who does not want to work a job. Do you think you are atypical and that there are only a few like you?

all talk and no action; why not get national and social, on capitalism's, natural rate of unemployment and abolish it, if you want to require a work ethic.

Requiring a work ethic is easy. Simply provide no assistance unless you literally cannot work.

How does that solve for capitalism's, not my, natural rate of unemployment? increasing anarchy is no solution; that is why we follow the Orders of our Founding Fathers, in their Ordination and Establishment of our form of Government.

Anarchy isn't the topic, nor is any "natural rate of unemployment". The topic is whether we can afford to give everyone a guaranteed income. We cannot. You continuing to spout specific and fact free platitudes does not change that underlying reality.

 

[hadit]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

 

[danielpalos]

Not if everyone made 15 bucks minimum wage, take from the top and spread it around. They will have no choice. Time to create a smaller class divide.

There isn't enough "at the top" to pay everyone a high wage.

yes, there is.

Numbers, provide numbers. Then take into account that inflation will erase any gains in a matter of a few years.

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

 

[danielpalos]

Only Capital has to work under Any form of Capitalism. Only the right, never gets it. How many people are going to want to stay poor, on an at-will basis? That is the question the right needs to address. Only the Religious, are that moral, to do it for "free".

You are one who does not want to work a job. Do you think you are atypical and that there are only a few like you?

all talk and no action; why not get national and social, on capitalism's, natural rate of unemployment and abolish it, if you want to require a work ethic.

Requiring a work ethic is easy. Simply provide no assistance unless you literally cannot work.

How does that solve for capitalism's, not my, natural rate of unemployment? increasing anarchy is no solution; that is why we follow the Orders of our Founding Fathers, in their Ordination and Establishment of our form of Government.

Anarchy isn't the topic, nor is any "natural rate of unemployment". The topic is whether we can afford to give everyone a guaranteed income. We cannot. You continuing to spout specific and fact free platitudes does not change that underlying reality.

Yes, we can afford to solve simple poverty on an at-will basis in our at-will employment States.

 

[danielpalos]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

practice makes perfect.

 

[hadit]

There isn't enough "at the top" to pay everyone a high wage.

yes, there is.

Numbers, provide numbers. Then take into account that inflation will erase any gains in a matter of a few years.

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

 

[hadit]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

practice makes perfect.

Keep practicing.

 

[danielpalos]

yes, there is.

Numbers, provide numbers. Then take into account that inflation will erase any gains in a matter of a few years.

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

 

[danielpalos]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

practice makes perfect.

Keep practicing.

thank you; i also practice resorting to the fewest fallacies for my Cause, as well.

 

[hadit]

Numbers, provide numbers. Then take into account that inflation will erase any gains in a matter of a few years.

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

 

[hadit]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

practice makes perfect.

Keep practicing.

thank you; i also practice resorting to the fewest fallacies for my Cause, as well.

You need a LOT of practice, because you're not doing a good job at it.

 

[danielpalos]

Henry Ford doubled autoworker wages, not minimum wages; he realized gains from efficiency since he could not print his own money.

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

Any more specific and i may have to charge you for it. It is about realizing gains from efficiency. Any process can be improved.

 

[danielpalos]

I think it's my fault. Daniel always shows up when someone uses the word 'delusional'.

It's one of the trigger words the bot looks for.

practice makes perfect.

Keep practicing.

thank you; i also practice resorting to the fewest fallacies for my Cause, as well.

You need a LOT of practice, because you're not doing a good job at it.

only to you; but, you only have fallacy to work with, so far.

 

[hadit]

That worked for Ford because he could afford to do it, but it's not going to work for every business because most of them operate on very thin profit margins.

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

Any more specific and i may have to charge you for it. It is about realizing gains from efficiency. Any process can be improved.

The company operates on a 3% profit margin and you want to double their labor costs and think they can pay for it with efficiency gains. I can see that math and economics are not among your strengths.

Now, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? These are the kinds of specifics that need to be worked out if you want any credibility.

 

[danielpalos]

it works under any form of capitalism. only lousy capitalists who make poor lifestyle choices, whine about it.

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

Any more specific and i may have to charge you for it. It is about realizing gains from efficiency. Any process can be improved.

The company operates on a 3% profit margin and you want to double their labor costs and think they can pay for it with efficiency gains. I can see that math and economics are not among your strengths.

Now, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? These are the kinds of specifics that need to be worked out if you want any credibility.

Henry Ford did it. I can see being a Capitalist, is not your strength.

 

[hadit]

Numbers, give numbers. How is a company that operates on a 3% profit margin going to double its labor costs? Be specific.

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

Any more specific and i may have to charge you for it. It is about realizing gains from efficiency. Any process can be improved.

The company operates on a 3% profit margin and you want to double their labor costs and think they can pay for it with efficiency gains. I can see that math and economics are not among your strengths.

Now, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? These are the kinds of specifics that need to be worked out if you want any credibility.

Henry Ford did it. I can see being a Capitalist, is not your strength.

Henry Ford did it because he was selling an extremely hot new product that everyone wanted and was making money hand over fist. He could AFFORD to do it. The same thing happened during the dot com boom. There were companies fighting over qualified IT workers. You're really not very good at this, are you?

Now, answer the question, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? Also, since you clearly have no idea what you're talking about, how does doubling worker pay result in doubled efficiency? I know it's probably impossible for you, but be specific.

 

[dblack]

Workers push for minimum wage to be raised (ethical or unethical)?

What would happen if the government and employers cooperate to boost the minimum wage to say, a very high figure. What would happen to the economy in the short and long run

You are paid due to your skill and what the market will bear. Artificially increasing wages will raise the price of the product you produce. This will bankrupt the company you work for and then you are in the unemployment line again.

Not if everyone made 15 bucks minimum wage, take from the top and spread it around. They will have no choice. Time to create a smaller class divide.

This is delusional. Prices and wages aren't determined by government. When we try to use regulations to dictate prices and wages, the market just flows around them and rebalances to adjust. The reason some jobs don't pay a 'living wage' is because WE - you and I - don't value them very much. That can't be changed by mandate.

Yes, they are. It is just right wing fantasy that government rules and regulations, don't add cost and value to any First World.

Are you, by any chance, into Essential Oils?

 

[danielpalos]

by realizing gains from efficiency, like Henry Ford did.

That's not specific. That's wishful thinking. You do know, don't you, that efficiency gains mean each employee does more without costing the company more, ie, getting paid more?

Try again, and this time be specific.

Any more specific and i may have to charge you for it. It is about realizing gains from efficiency. Any process can be improved.

The company operates on a 3% profit margin and you want to double their labor costs and think they can pay for it with efficiency gains. I can see that math and economics are not among your strengths.

Now, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? These are the kinds of specifics that need to be worked out if you want any credibility.

Henry Ford did it. I can see being a Capitalist, is not your strength.

Henry Ford did it because he was selling an extremely hot new product that everyone wanted and was making money hand over fist. He could AFFORD to do it. The same thing happened during the dot com boom. There were companies fighting over qualified IT workers. You're really not very good at this, are you?

Now, answer the question, do you want to force the business owner to double his labor costs BEFORE the efficiency gains kick in, or do the gains kick in first, which allows the owner to make enough more money to double his workers' pay? Also, since you clearly have no idea what you're talking about, how does doubling worker pay result in doubled efficiency? I know it's probably impossible for you, but be specific.

Henry Ford was a capitalist who knew how to capitalize on his investment by increasing efficiency and paying efficiency wages.