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Old May 27th, 2016, 07:05 AM   #41
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Of course they wouldn't. There are only two levels in Mexico. The rich...and the rest. Do you think the rich want to pay American taxes? When the number of poor become to dependent...they send them to us. We're Mexico's safety valve. Mexico plays us like a drum.
I spend quite a bit of time in Mexico and I can tell you that their middle class has been growing for years now, at lest since Vincente Fox's presidency.

Bottom line is that Mexico would NEVER in a million fucking years agree to be annexed to the U.S.
You can argue all you want about the REASONS. *shrug*
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Old May 27th, 2016, 07:10 AM   #42
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Of course they're not going to pay a dime more in wages than they have to?! They're in business to MAKE-MONEY, they are not the welfare department. When you've got hundreds of unskilled, uneducated people standing in line for an entry level job...it has everything to do with it! Yes, the government will allow cheap foreign labor to take US jobs. Obimbo has been president for nearly 8-years. Has anything changed? Or, has the influx of cheap foreign labor excellerated? Are there less illegal alien parasites taking entry level jobs for less money? Are legal American citizens forced to supplement them?
Yeah, I know. Didn't I just SAY that?
Explain that to the guy who's post I was responding to, HE seemed to think that the pay was linked to the level of expertise needed to do the job.

Oh boo-hoo. Obama was supposed to fix EVERYTHING that was wrong in America, in less than 8 years and he FAILED!!!! BOO-FUCKING-HOO.
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Old May 27th, 2016, 07:14 AM   #43
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Yeah, I know. Didn't I just SAY that?
Explain that to the guy who's post I was responding to, HE seemed to think that the pay was linked to the level of expertise needed to do the job.

Oh boo-hoo. Obama was supposed to fix EVERYTHING that was wrong in America, in less than 8 years and he FAILED!!!! BOO-FUCKING-HOO.
Pay is indirectly related to the level of expertise needed since in general, people with expertise are fewer in number than people able to flip burgers.

Thus supply and demand makes them more valuable.

This, of course is a generalization. At times some professions, like being a pilot has a surge of applicants and a drop in demand and things can temporarily shift.
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Old May 27th, 2016, 07:18 AM   #44
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Pay is indirectly related to the level of expertise needed since in general, people with expertise are fewer in number than people able to flip burgers.

Thus supply and demand makes them more valuable.

This, of course is a generalization. At times some professions, like being a pilot has a surge of applicants and a drop in demand and things can temporarily shift.
it is the law of scarcity.
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Old May 27th, 2016, 07:19 AM   #45
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Pay is indirectly related to the level of expertise needed since in general, people with expertise are fewer in number than people able to flip burgers.

Thus supply and demand makes them more valuable.

This, of course is a generalization. At times some professions, like being a pilot has a surge of applicants and a drop in demand and things can temporarily shift.
Yes of course, go back a read my post on it and you'll understand more clearly what I said. Thanks.
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Old September 29th, 2016, 10:59 PM   #46
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Yeah but then all the other countries slap big tariffs on our goods and we wind up in a trade war.
Bubba Jones, I’m among those that contending USA should generally refrain from entering international trade agreements with primarily economic rather than other, (such as promoting language and measurement standardization or mutual environmental protection) purposes. We’re proponents of the trade policy described within Wikipedia’s “Import Certificates” article.

It’s a UNILATERAL policy, (i.e. not internationally negotiated agreement). It is a substantially market driven policy for conducting its nation’s international trade. The policy grants their government less discretionary powers of determinations than are currently exercised by the USA and most other governments of nations that we now trade with.

Because the import Certificate policy is based upon entities seeking their own best interests rather than upon international agreements, it works to its adopting nation’s better interests regardless of any other entities reactions to it.
[On occasions when the USA have been plaintiffs or respondents to disagreements regarding international trade, international courts or panels have generally determined our cases were invalid.]

Any entity seeking to undermine the trade of a nation that has unilaterally adopted that Import Certificate policy will more likely be punished by global market behavior (with no overt government activity). The extent of punishment will likely be comparable to the extent of their mischievous activity.
Due to USA’s current global trade practices, we are now more or less involved in what you describe as “trade wars”.

Refer to Wikipedia’s “Import Certificates”
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Old September 29th, 2016, 11:42 PM   #47
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Originally Posted by Sabcat View Post

Excerpted from the Sabcat provided quote he attributes to McDonald's ex-CEO Ed Rensi that was published within
the www site of businessinsider.com:
"It's cheaper to buy a $35,000 robotic arm than it is to hire an employee who's inefficient making $15 an hour bagging french fries," former McDonald's USA CEO Ed Rensi said in an interview on Tuesday on the Fox Business Network's "Mornings with Maria." "It's nonsense and it's very destructive and it's inflationary and it's going to cause a job loss across this country like you're not going to believe."

According to Rensi, rising labor costs are forcing chains to cut entry-level jobs and replace workers with machines. Currently, Wendy's, McDonald's, and Panera are rolling out kiosks across the US, in part because of the rising cost of labor. ...
... Rensi isn't alone in this belief: "With government driving up the cost of labor, it's driving down the number of jobs," Andy Puzder, CEO of Carl's Jr. and Hardee's, told Business Insider. "You're going to see automation not just in airports and grocery stores, but in restaurants."
Sabcat, the federal minimum wage, (FMW) rate to some extent positively bolsters all USA wage rates; but it proportional effect is an inverse relationship. Its effects are proportional to the jobsí rates, proportionally effecting lower rates more and higher rates less.
The FMW rateís has never been among the major causes of the U.S. Dollarís inflation, but to the contrary itís certainly among inflationsí victims. Lesser purchasing power of USAís wages are detrimental to our economic and social wellbeing.

Sufficiently lesser wage rates can prevent or delay investing for automation. Thatís characteristic of the worldís poorest national economies. Iím aware of automationís lesser per-unit production costs benefits to our nation and Iím unaware of any automationís net detriment to our nation.
To the extent that our lesser FMW rate is detrimental to our nationís wage rates and thus also contributes to delaying or otherwise hindering automation in the USA, that lesser FMW rate has additionally been net detrimental to our nationís economic and social wellbeing.

Respectfully, Supposn
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Old September 30th, 2016, 01:50 AM   #48
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Sabcat, the federal minimum wage, (FMW) rate to some extent positively bolsters all USA wage rates; but it proportional effect is an inverse relationship. Its effects are proportional to the jobsí rates, proportionally effecting lower rates more and higher rates less.
The FMW rateís has never been among the major causes of the U.S. Dollarís inflation, but to the contrary itís certainly among inflationsí victims. Lesser purchasing power of USAís wages are detrimental to our economic and social wellbeing.

Sufficiently lesser wage rates can prevent or delay investing for automation. Thatís characteristic of the worldís poorest national economies. Iím aware of automationís lesser per-unit production costs benefits to our nation and Iím unaware of any automationís net detriment to our nation.
To the extent that our lesser FMW rate is detrimental to our nationís wage rates and thus also contributes to delaying or otherwise hindering automation in the USA, that lesser FMW rate has additionally been net detrimental to our nationís economic and social wellbeing.

Respectfully, Supposn


are you implying that the state artificially inflating the wage will also cause other wages to also be artificially inflated?

i agree. the question is where will the money come from to sustain those artificially inflated wages?

are you also stating that artificially inflating wages will promote innovation?

w/ this i also agree

the workers who do not find themselves priced out of the job market will sooner than later find themselves replaced by innovation.

none of that is good for the workers who are most closely affected by the minimum wage.
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Old September 30th, 2016, 01:53 AM   #49
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Having been a small business owner before I can say that labor cost is by far the highest outlay of company funds. My employees never started at minimum wage but three times minimum wage back in the nineties. It was skilled and also backbreaking work building and climbing a steel structure many times 100 feet above the concrete floor. We had to wear a safety harness (OSHA) but nobody tied off when working at height. Forget to unhook your safety harness you get jerked back and that made the safety harness scary. One guy used his safety harness and forgot to unhook it when moving which made him fall suffering a big gash in his arm. The safety harness prevented him falling to his death but the safety harness caused the fall in the first place.
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Old September 30th, 2016, 12:56 PM   #50
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are you implying that the state artificially inflating the wage will also cause other wages to also be artificially inflated?
Sabcat, Iím stating that reduction of the U.S. dollarís purchasing power due to the increase of the federal minimum wage, (FMW) rate is not greater than the reduction of the dollarís purchasing power due to any other increase of aggregate prices and spending.
Those that Shout ďINFLATIONARY!!!Ē when the FMW rateís increased do not similarly scream when the prices of public utilities or movie tickets or beer are increased. The federal minimum wage rate is not a particular cause of the U.S. dollarís inflation but it certainly is a victim of that inflation.

Although aggregate employee derived incomes and their purchasing powers are increased due to increases of the federal minimum wage rate, earners of all wage rates do not benefit to a proportionally equal extent. Increase of the minimum rate is reflected as PROPORTIONALLY greater earned incomes and purchasing powers for lower wage earners and PROPORTIONALLY lesser for higher wage earners. But every increase of the minimum rate has been of net economic and social benefit to our nation.

The greatest direct beneficiaries of minimum rate increases are the working poor. The direct benefits of all other employees decrease as their employment derived incomes increase. Beyond the nationís earners of USAís median wage rates, the direct benefits due to a minimum rate increase are hardly perceivable. To the extent that employeesí families and other entities benefit from an economy that greater values human labor, they indirectly benefit from increases of the minimum rate. This paragraph then has described all of the working poor, their families, and all persons to the extent that theyíre dependent upon entities which in turn are dependent upon the wellbeing of USA employees and their families. Thatís effectively almost USAís entire population and a great many enterprises operating within the USA.

This would explain why increases of the federal minimum wage rate have always been to our nations net economic and social benefit and why the majority of USAís population (with a plurality of greater than 10%), more or less approves of its existence.

There are few among wealthy or competent people that are opposed to the federal minimum rate. But the U.S. Congress has not yet finally increased the minimum rate and thereafter automatically retain its purchasing power; Iím confident that such a federal act is inevitable.

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.
Thatís the essence of personal and political opposition to the federal minimum wage rate.

Respectfully, Supposn
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