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Old February 18th, 2014, 08:10 PM   #81
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if a $10 minimum wage is so great, why not $20, or $40, or $100?
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Old February 18th, 2014, 08:22 PM   #82
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They can't. There have been 13 min wage increases in my life time. Only ONCE has there been even the slightest economic down turn. And it was pretty minor. Every time the subject comes up for discussion the opponents use the exact same arguments, yet they never seem to come true.
Really

List of recessions in the United States - Wikipedia, the free encyclopedia

http://www.dol.gov/whd/minwage/chart.htm

Minimum wage increase Jan 1980

Recession began Jan 1980 until July 6 months

Minimum wage increase April 1 1990, Recession begins July 1990 lasted for 8 months.

Mimum wages increased in June 2007, 2008 and 2009, Economic slowdown began July and has not recovered yet.

the only time that a slowdown did not occur when minimum wages were increased was 1997, but they created a Subminimum wage for young workers and entry level hires (training).
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Old February 18th, 2014, 09:41 PM   #83
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Really

List of recessions in the United States - Wikipedia, the free encyclopedia

http://www.dol.gov/whd/minwage/chart.htm

Minimum wage increase Jan 1980

Recession began Jan 1980 until July 6 months
Interesting the chart you offer as proof DOES NOT MENTION minimum wage as the cause, or of any part of the cause, of the recessions. In fact the word "wage" only appears once in the entire text. That's in connection with the 1873 recession !!!!

1980 ?? LOLOLOLOL there's a fucking joke. The economy was already in the tank. Double digit inflation. Gas prices had more than doubled with the oil companies fake oil shortage and the fall of the Shah in Iran. Mortgage rates were skyrocketing, the housing market and auto sales were in the crapper. I think the fed dramatically raising the interest rate to fight inflation had far more to do with the recessions that followed, since "slowing the economy is exactly WHY they raised the interest rates. The economy is a big part of why Reagan won !! To blame it on a minimum wage hike is a JOKE !!!!

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Minimum wage increase April 1 1990, Recession begins July 1990 lasted for 8 months.
Once again inflation had begun to climb so the fed raised interest rates to slow economic growth. Then there's that other little item called the GULF WAR, or don't you remember Iraq invading Kuwait, which of course nearly TRIPLED oil prices practically over night. Again blaming a min wage hike is hilarious.

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Mimum wages increased in June 2007, 2008 and 2009, Economic slowdown began July and has not recovered yet.
So you're FINALLY admitting that the current economy isn't all Obama's fault ?? That it is in fact the REPUBICANS fault since they are who passed those wage hikes ??? The housing market had nothing to do with it ?? Banking melt down ??? Gas prices going from less than $2 a gallon to nearly $4.50 a gallon ?? None of that had anything to do with the economic down turn ???? But giving 1% of the population a $1.40 hour raise spread over three years is what destroyed the economy ???????

Oh and I did miss speak on one item. There have been 24 rate hikes in my life time. There have been 13 rate hikes since I started working part time after school and full time in the summers.
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Old February 19th, 2014, 12:43 AM   #84
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The REAL question is...do you raise the wage because you have a bleedin' heart...or because they deserve it???
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Old February 19th, 2014, 12:56 AM   #85
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Originally Posted by BubbaJones View Post
Interesting the chart you offer as proof DOES NOT MENTION minimum wage as the cause, or of any part of the cause, of the recessions. In fact the word "wage" only appears once in the entire text. That's in connection with the 1873 recession !!!!

1980 ?? LOLOLOLOL there's a fucking joke. The economy was already in the tank. Double digit inflation. Gas prices had more than doubled with the oil companies fake oil shortage and the fall of the Shah in Iran. Mortgage rates were skyrocketing, the housing market and auto sales were in the crapper. I think the fed dramatically raising the interest rate to fight inflation had far more to do with the recessions that followed, since "slowing the economy is exactly WHY they raised the interest rates. The economy is a big part of why Reagan won !! To blame it on a minimum wage hike is a JOKE !!!!




(Now if you understood the REAL purpose of raising the minimum wage you would understand why it tanks the economy)

Minimum wage increases IS NOT repeat IS NOT to done to help the low income workers... (they are the pawns).. the reason they push the minimum wage increases is to PAY OFF UNIONS (union wages are tied to the minimum wage) Minimum wage increased union salaries see a proportional increase in the wage.
Once again inflation had begun to climb so the fed raised interest rates to slow economic growth. Then there's that other little item called the GULF WAR, or don't you remember Iraq invading Kuwait, which of course nearly TRIPLED oil prices practically over night. Again blaming a min wage hike is hilarious.



So you're FINALLY admitting that the current economy isn't all Obama's fault ?? That it is in fact the REPUBICANS fault since they are who passed those wage hikes ??? The housing market had nothing to do with it ?? Banking melt down ??? Gas prices going from less than $2 a gallon to nearly $4.50 a gallon ?? None of that had anything to do with the economic down turn ???? But giving 1% of the population a $1.40 hour raise spread over three years is what destroyed the economy ???????

Oh and I did miss speak on one item. There have been 24 rate hikes in my life time. There have been 13 rate hikes since I started working part time after school and full time in the summers.

Thanks you just proved my point even more completely

I only went back to 1980 I needed a starting point... if you had read link the PRE 1980 economic slowdown was in conjuction with the 1977 and 78 increases in Minimum wage.

THANKS FOR PLAYING.. So yes you just pointed out ONE MORE time the Economy was crapped on by raising the minimum wage


You see the minimum wage increase is not proposed because it will help low income works, Union wages are tied to the minimum wage, union wages see a proportional increase when the minimum wage is increased. This is done to pay off Unions, not to help working people.

If it were I would be in a position to more so agree with you on the raising of the minimum wage..
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Old February 19th, 2014, 12:59 AM   #86
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The dullards that decided to get high instead of an education are now in deep doo doo. Just sayin'...
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Old February 19th, 2014, 03:24 AM   #87
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The minimum wage will be going up. You can count on that.
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Old February 19th, 2014, 06:29 AM   #88
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The minimum wage will be going up. You can count on that.
so you've read the arguments, seen that you lost, and you just don't care that it's a bad idea apparently.
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Old February 19th, 2014, 07:36 AM   #89
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1980 ?? LOLOLOLOL there's a fucking joke. The economy was already in the tank. Double digit inflation. Gas prices had more than doubled with the oil companies fake oil shortage and the fall of the Shah in Iran. Mortgage rates were skyrocketing, the housing market and auto sales were in the crapper. I think the fed dramatically raising the interest rate to fight inflation had far more to do with the recessions that followed, since "slowing the economy is exactly WHY they raised the interest rates. The economy is a big part of why Reagan won !! To blame it on a minimum wage hike is a JOKE !!!!
Good point, all the numbers, indicators and metrics were much worse in 1980 than in 2008, but some claim that Obama faced worse conditions? Hardly.
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Old February 19th, 2014, 09:14 AM   #90
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Thanks you just proved my point even more completely

I only went back to 1980 I needed a starting point... if you had read link the PRE 1980 economic slowdown was in conjuction with the 1977 and 78 increases in Minimum wage.

THANKS FOR PLAYING.. So yes you just pointed out ONE MORE time the Economy was crapped on by raising the minimum wage


You see the minimum wage increase is not proposed because it will help low income works, Union wages are tied to the minimum wage, union wages see a proportional increase when the minimum wage is increased. This is done to pay off Unions, not to help working people.

If it were I would be in a position to more so agree with you on the raising of the minimum wage..
Sorry but you claim is still completely bogus. Or don't you remember the Nixon PRICE FREEZES, or Fords idiotic WIN (whip inflation now) slogan. The 73 oil embargo seriously crippled the country and we had not gotten over it when our own oil companies fucked us in the ass again in 79. I clearly remember when mortgages had 13% to 15 % interest rates. Inflation was and had been running in the double digits.

The economy was in the crapper long before those min wage hikes took place.
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