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Old February 24th, 2014, 04:33 PM   #121
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The minimum wage hike helped trigger the mortgage crisis ? BLAH HA HA HA HA
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Old February 25th, 2014, 11:52 AM   #122
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Originally Posted by TNVolunteer73 View Post
Oh no it will not kill jobs. That is what they told us in 2007 too.

how did that work out. It helped trigger the mortgage crisis (it was going to happen anyway it just triggered it sooner) Union workers lost jobs, they had mortgages due to the tiggered increasein Union wages forced automakers and other union companies and state workers to be laid off. Union workers that owned homes could not pay their mortgages, then started the default rampage
Minimum wage increase didn't help cause the mortgage crisis back when Bush was president. You're pulling that out of your butt. You can't say the effect of something is due to some cause without evidence and statistics.
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Old February 25th, 2014, 12:02 PM   #123
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Minimum wage increase didn't help cause the mortgage crisis back when Bush was president. You're pulling that out of your butt. You can't say the effect of something is due to some cause without evidence and statistics.
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Old March 8th, 2015, 09:33 AM   #124
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Originally Posted by webguy4 View Post
yeah, raise the minimum wage, put more people outta work, that'll help. (sarcasm)
Feb 10, 2004 - The embrace of foreign outsourcing, an accelerating trend that has contributed ... The president repeated that message during an afternoon discussion ... was improving and that the outsourcing of jobs was good for America.
Bush Supports Shift of Jobs Overseas - Los Angeles Times

The loss of work to other countries, while painful in the short term, will enrich the economy eventually, his report to Congress says.

The short term?
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Old March 8th, 2015, 10:06 AM   #125
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Here's a solution.

"When the federal tax rate is combined with the average state levy, the U.S. statutory corporate tax rate is 39.1 percent, according to the Tax Foundation.

The Foundation's 2014 International Tax Competitiveness Index Rankings are determined using corporate tax rates among OECD nations, along with consumption taxes, property taxes, individual taxes, and treatment of foreign earnings.
The No. 1 ranking goes to Estonia, due to factors including its 21 percent corporate tax rate applied only to distributed profits, a flat 21 percent tax on individual income that does not apply to dividend income, and property taxes that apply only to the value of land and not the value of real property.
Estonia is followed by New Zealand, Switzerland, Sweden, and Australia.
France is at the bottom at No. 34.
The United States is second from last, due largely to its high corporate tax rate, and high progressive individual income taxes that are levied on dividends and capital gains.
The only country lower-ranked than the U.S., besides France, is Portugal.
"One economic point to keep in mind is that taxes on capital are ultimately taxes on wages, as multiple economic studies have shown," The Wall Street Journal observed in an article about the Tax Foundation figures. "If President Obama were serious about 'middle-class economics,' he'd call for an immediate cut in the U.S. corporate tax rate to 25 percent."
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Old March 8th, 2015, 11:13 AM   #126
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I think we should pass a law guaranteeing everyone a living wage. Regardless if you work or dont work. That way all I have to do is vote democrat/socialist, quit working now and let someone else pay for my living. I have enough money put away I can have fun for the rest of my life. I just got to get someone else to pay for my basic living expense. So I fully support the socialist idea of everyone gets a living wage.
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