Hey Redshirt -" . . . the problem isn't math. It is
psychology.”No. A person can be completely brain
dead, and if he owes a large debt, the real debt will decrease over time as
inflation rises.. . . No psychology involved. It’s still just
Here is my challenge to you liberals that complain about jobs leaving the US to
go to nations where labor is cheaper. Explain how making labor cost more in the
US will make us more competitive with nations where labor is cheaper?To "GaryO" the problem isn't math. It is psychology. People
that can't live within their means will continue to do so until they learn
new habbits. Giving them more money to pay off their current debts will not
correct their behavior.
Obama saddles the US economy with a slurry of shovel ready minimum wage jobs and
kills the middle class!And the Libs think raising the minimum wage a
couple of bucks will fix it, and fail to see that doing so will swell the
unemployment lines....no wonder the liberals are losing voters!
Redshirt -You're still wrong.Inflation helps
debtors because inflation reduces their real debt.It's as
simple as that.It's not a matter of opinion. It's just
according to the BLS and DOL, the 10 jurisdictions with the highest unemployment
(DC and 9 states), all but 2 have a minimum wage law above the federal level.
Of the 10 states with the lowest unemployment, only 1 has a higher minimum wage
law.The state with the lowest unemployment is ND, which does not
have a minimum wage law above the federal law. The average weekly wage in ND is
HIGHER than in Ohio, which HAS a higher minimum wage law.Minimum
wage laws do very little, if anything, for the benefit of the working poor. They
just stiffle job creation.
To "GaryO" actually it wouldn't help the big debtors. They would
be able to pay off their debts, but typically big debtors that do not earn much
are also bad at managing their money. After a short time those debtors would be
in debt again or would just add to the debt that they have. In the end it would
do more harm than good.
Why not make the minimum wage $100/hour?Then we'd all be rich.
If democrats really cared about minimum wages, would they not tie it to a cost
of living index. No they never do. They need it when ever they need a cause to
get re elected.
Hey Redshirt -I am not an advocate of raising the minimum wage.In my view, the people who would benefit most from raising the minimum
wage are big debtors, because raising the minimum wage would also increase
inflation, which in turn would lower the value of the dollar, and that would
make massive debt less massive. But it would not benefit anyone else in the long
term.And that would not "promote the general welfare."
Are we forgetting that the CBO recently released a report stating that if
minimum wage was increased that we would lose 500,000 jobs?Also,
there are only 1.5 million jobs that pay minimum wage. There are about 300
million people in the US. That means that only 0.5% of the US population will
benefit from raising the minimum wage.To "GaryO" don't
you think that more people will suffer when jobs are lost than will suffer if
they keep working for minimum wage?This is a typical liberal plan.
Hurt the majority to benefit a minority.
Hey Thid Barker -"Conservatives believe productivity produces
prosperity, . . . "Absolutely . . . And what is productivity?
It's the ratio of output over input. Low wages equate to low
input and, consequently, higher productivity.Thus companies that
shifted manufacturing to other nations raised productivity, and they increased
their own prosperity . . . While greatly reducing the prosperity of American
workers.That's American Conservatism for you. A few people
profit as most Americans suffer.
Minimum wage is an illusion, one that mystifies those who wander in darkness!
That is can keep the Democrats and the Republicans, as well as the ignorant
populous, arguing it makes for a sad commentary on our republic and how to truly
help the poor! In the meantime, a simple laugh will have to do!
Oh where have you gone Teddy Roosevelt?
I am a conservative and usually vote Republican, but Republicans had better
start paying more attention to working class America if they expect to prosper.
The pathetic minimum wage and increasingly lax labor standards enforcement are
poisoning the economy, AND the attitude of working class Americans. The
1950's and early 1960's were a perfect example of how a buoyant
minimum wage supported a growing and stable economy.
With full concern of people stuck trying to live off of minimum wage in mind,
without any excess in callousness or lack of mercy:Mandated minimum
wage hikes are not economically sound. They're just not; that's why
education is so important. If people want to get jobs doing minimum-wage-level
work, there need to be more people doing more educated work so that there are
fewer people applying for unskilled labor. That's just how markets
work.No, as nice as it sounds on the surface to a well-meaning but
inexperienced person unfamiliar with history, socialism isn't a favorable
answer, because then no one becomes educated because it's not worthwhile.
So If I were among the Republican operatives who looked to the election issues,
I'd let the bill pass in the Senate, with a few safe Republicans to support
it, and then it certainly would not pass in the House. According to polls,
there is no way the House is threatend with a Democrat take over this November.
The Senate however is very much up for grabs. By doing that, the Republicans
take the issue away from the Senate and increase their chances of winning it in
LOL. Great! We now give the illusion of helping people by raising people from
very poor to just a little bit more than very poor! What a joke. Anybody that
thinks raising the mimimum wage will do anything,other than allow those
millionaire Democratic lawmakers to assuage their guilt for not doing anything
to really help the poor, is ignorant of reality!
LOU. Conservatives absolutely do see that! Its liberals who are obsessed with
raising the minimum wage. Conservatives believe productivity produces
prosperity, not minimum wages.
A higher starting wage attracts better workers. Better workers produce better
quality and service. Better quality and service means more business. More
business means more profit. Why cannot Conservatives see this!
Obsession with raising the minimum wage is not the answer. More high paying jobs
is the answer!
When I see a Corp. who make Billions and treat the employees like indentured
slaves, I ask is there justice.When these Corp quietly receive subsidies
in the form of Public Assistance for the employees then it is past time to
balance the books. Others may say "find another job" which is fine, but
just where were these jobs when huge tax breaks were given to "job
creators"? That money in the Trillions went to overseas banks waiting for
the economy to improve and they were given a free pass to repatriate their
illegal funds back into the Corp coffers.
If you want to raise someone's raise, offer him a job for more money than
he's making now.