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Old November 29th, 2016, 04:02 PM   #31
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Originally Posted by Supposn View Post
Twisted Sister, The federal minimum wage, (FMW) rate is of net social and economic benefit to our nation. It has never been among the major causes of the U.S. Dollar’s inflation; on the contrary it’s certainly among inflations’ victims.
No individuals are poorer and no enterprises suffers any competitive disadvantage to any USA enterprises due to the FMW rate.

[there’s no doubt that USA’s higher wage rates are a cause of our products’ price disadvantages in comparison to products from lower wage nations; but although the elimination of our FMW rate laws would be greatly detrimental to our nation’s net social and economic wellbeing, eliminating it would accomplish extremely little to remedy our products’ global price disadvantages].

I suppose a majority of USA’s population, (significantly more than a 10% plurality) to some extent approve of federal minimum rate’s existence. There are few among wealthy or competent people that are opposed to the federal minimum rate.
An overwhelming proportions of minimum rate opponents lack self-esteem. They need whatever affirmation of their own worth that they can derive by being able to look down upon people experiencing lesser financial conditions. They cannot acknowledge or admit to themselves their fears of improving the financial conditions of others would consequentially reduce their own social status.
That’s the essence of personal and political opposition to the FMW rate.

Respectfully, Supposn
The secret to succeeding in business is to have more money coming in than going out. Part of this involves employees. The work the employee produces has to be worth greater than what the employee is paid. The work of most entry level employees are not worth $15.00/hr.
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Old November 29th, 2016, 11:21 PM   #32
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Originally Posted by coke View Post
You failed to understand the article.

...and this surprises you?

Thanks for saving me the effort of finding the appropriate meme.
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Old November 29th, 2016, 11:24 PM   #33
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In Eco 101 it's called a wage-cost-push spiral......Socialist just do not understand this concept....
They do not grasp the most basic economic concepts. It gets better every time they comment on things like this. God I miss fiat and her shiny graphs.
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Old November 29th, 2016, 11:29 PM   #34
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The secret to succeeding in business is to have more money coming in than going out. Part of this involves employees. The work the employee produces has to be worth greater than what the employee is paid. The work of most entry level employees are not worth $15.00/hr.
But that is just heartless and unfair. You must be a racist-sexist or something.

Shame
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Old November 30th, 2016, 05:50 AM   #35
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Originally Posted by Supposn View Post
Twisted Sister, The federal minimum wage, (FMW) rate is of net social and economic benefit to our nation. It has never been among the major causes of the U.S. Dollar’s inflation; on the contrary it’s certainly among inflations’ victims.
No individuals are poorer and no enterprises suffers any competitive disadvantage to any USA enterprises due to the FMW rate.

[there’s no doubt that USA’s higher wage rates are a cause of our products’ price disadvantages in comparison to products from lower wage nations; but although the elimination of our FMW rate laws would be greatly detrimental to our nation’s net social and economic wellbeing, eliminating it would accomplish extremely little to remedy our products’ global price disadvantages].

I suppose a majority of USA’s population, (significantly more than a 10% plurality) to some extent approve of federal minimum rate’s existence. There are few among wealthy or competent people that are opposed to the federal minimum rate.
An overwhelming proportions of minimum rate opponents lack self-esteem. They need whatever affirmation of their own worth that they can derive by being able to look down upon people experiencing lesser financial conditions. They cannot acknowledge or admit to themselves their fears of improving the financial conditions of others would consequentially reduce their own social status.
That’s the essence of personal and political opposition to the FMW rate.

Respectfully, Supposn
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Old November 30th, 2016, 06:03 AM   #36
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Raise incomes! Raise minimum wage! Inflation! Must raise incomes! Raise minimum wage! Inflation! Raise minimum wage! Raise incomes!

Coming soon in a store near you. A all time bargain price of $1000.00 for a gallon of delicious wholesome 2% milk! Because devaluing your currency by allowing banks to print money and the Congress being to bought and paid for to actually hold its self accountable for coining of money makes perfect sense!
Did you see this?

Former US banker Steve Mnuchin confirms he will be US treasury secretary
Former Goldman Sachs executive Steve Mnuchin has confirmed he will be the new US treasury secretary ahead of an official announcement.

...Mr Mnuchin was Mr Trump's campaign finance chairman and has no government experience. He earned a fortune over 17 years at Goldman Sachs investment bank.
Former US banker Steve Mnuchin confirms he will be US treasury secretary - BBC News

A Jewish Goldman Sachs partner worth tons of cash. Now isn't that a fresh start?? So un-establishment....

I wonder how many Hillary speeches he had the pleasure of hearing?

Do you think that afterwards they discussed the federal minimum wage?



No, hell no, that's a topic for peons to bump chests over.
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Old November 30th, 2016, 06:30 AM   #37
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I got it just fine.

Another anti minimum wage moron twisting himself into a pretzel, and refuting his own anti Obama rhetoric, trying to sell a bullshit narrative, that another company, in what is becoming a long list of them raising their wage rates, because of what he himself describes as "economic reality".

You can't make this shit up.
Talk about not being able to make this shit up, take a look at Trump's brand-new Sec. of the Treasury: What do Goldman Sachs and Soros have in common: Our new Treasury secretary!!!
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Old November 30th, 2016, 06:35 AM   #38
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Did you see this?

Former US banker Steve Mnuchin confirms he will be US treasury secretary
Former Goldman Sachs executive Steve Mnuchin has confirmed he will be the new US treasury secretary ahead of an official announcement.

...Mr Mnuchin was Mr Trump's campaign finance chairman and has no government experience. He earned a fortune over 17 years at Goldman Sachs investment bank.
Former US banker Steve Mnuchin confirms he will be US treasury secretary - BBC News

A Jewish Goldman Sachs partner worth tons of cash. Now isn't that a fresh start?? So un-establishment....

I wonder how many Hillary speeches he had the pleasure of hearing?

Do you think that afterwards they discussed the federal minimum wage?



No, hell no, that's a topic for peons to bump chests over.


I guess it depends on WHICH establishment we're talking about. The RW is so hung up on the political establishment and so short sighted they fail to recognize ALL THE OTHER establishments. This presidential campaign couldn't get ENOUGH establishment-speak. All we needed to know was that it's B.A.D. Doesn't matter what their ideas, policies, platforms....if they were labeled "establishment" they got a BAH HUMBUG.
Establishment used to be referred to as "THE MAN". The inner circle. The influential. The experienced. The old wealthy white guy or (with the advent of Hillary) old wealthy white gal. The 'bosses'. The big contributors.
We KNOW what the establishment is NOT: Not young. Not blue collar. Not terribly interested in negotiations. Not disloyal to the party.
The Trump presidency is turning out to be JUST another type of establishment. It's called the Big Money establishment. But here's the thing. Trump is about to find out that he's going to NEED that old boys club. It's called CONGRESS.
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Old November 30th, 2016, 07:15 AM   #39
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Originally Posted by Clara007 View Post
I guess it depends on WHICH establishment we're talking about. The RW is so hung up on the political establishment and so short sighted they fail to recognize ALL THE OTHER establishments. This presidential campaign couldn't get ENOUGH establishment-speak. All we needed to know was that it's B.A.D. Doesn't matter what their ideas, policies, platforms....if they were labeled "establishment" they got a BAH HUMBUG.
Establishment used to be referred to as "THE MAN". The inner circle. The influential. The experienced. The old wealthy white guy or (with the advent of Hillary) old wealthy white gal. The 'bosses'. The big contributors.
We KNOW what the establishment is NOT: Not young. Not blue collar. Not terribly interested in negotiations. Not disloyal to the party.
The Trump presidency is turning out to be JUST another type of establishment. It's called the Big Money establishment. But here's the thing. Trump is about to find out that he's going to NEED that old boys club. It's called CONGRESS.
Yeah, one of Big Money's favorite pastimes must be watching the little people go on and on about, you guessed it I bet, the minimum wage. It's sooooooooo bad. BAD!!

The Damned Bankers, like Mr. Munchkin above, inflate the hell out of the money system, while Congress doesn't keep the minimum wage even with the inflation the Damned Bankers create.

Goodness it must be funny to the Damned Bankers and their congressional consorts, watching the little people at each others' throats....
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Old November 30th, 2016, 08:59 AM   #40
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Originally Posted by imaginethat View Post
Yeah, one of Big Money's favorite pastimes must be watching the little people go on and on about, you guessed it I bet, the minimum wage. It's sooooooooo bad. BAD!!

The Damned Bankers, like Mr. Munchkin above, inflate the hell out of the money system, while Congress doesn't keep the minimum wage even with the inflation the Damned Bankers create.

Goodness it must be funny to the Damned Bankers and their congressional consorts, watching the little people at each others' throats....
Hey, maybe he'll be able to bundle the US debt into asset backed securities and sell it to unsuspecting foreign investors.
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