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Not yet.....you say it's wrong but you can't tell me what it is?
I dont make up numbers. I could guess, want a guess? about .25% higher (one fourth of a percentage point) then whats reported. I also think we should have a 3% or even 4% inflation target, not a 2% one.
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Maybe you need to understand the argument. The argument isn't that it's 10% since 1980. It's that it's currently 10% using 1980 measurements.
Is the argument that inflation is far higher than the government is claiming a valid argument that the minimum wage should be higher? Yes it is but the problem is the government's Wall Street welfare programs causing inflation, not that the minimum wage is too low. We need to stop the welfare programs and then those on making minimum wage will be better off.
No thats NOT the argument. Go look at your charts, the argument IS that its almost 10% PER year. thats how inflation works.
Your whole argument is nonsense. Pick one-either minimum wage should be almost $80/hr OR inflation rates are about right.
I dont make up numbers. I could guess, want a guess? about .25% higher (one fourth of a percentage point) then whats reported. I also think we should have a 3% or even 4% inflation target, not a 2% one.
I have no idea why because all that does is harm those you claim to be arguing for but we will note that you don't actually know if the numbers posted are actually wrong or not.
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No thats NOT the argument. Go look at your charts, the argument IS that its almost 10% PER year. thats how inflation works.
Your whole argument is nonsense. Pick one-either minimum wage should be almost $80/hr OR inflation rates are about right.
Still, going by recent strong comments from Federal Reserve officials, even members of the central bank must believe inflation is being underreported. Dallas Federal Reserve President Richard Fisher said in a speech last week that the central bank was reaching a “tipping point” as far as changing its policy so it can react to inflation. Maybe Fisher stumbled across Shadowstats.com. The voting member did, after all, mention Volcker in the same speech.
These aren't conspiracy theory advocate's. Whether it's 5-6% or nearing 10% it's far higher than the government claims.
This is true. Why would anyone want to risk their money and the government take such a big chunk. It is funny that liberals think they only got the so called rich guy without realizing they will be collateral damage.
Yes petch, your so right. Anyone with a brain in their head will know this, but you know? Some people think a lot of things! That we know?
yeah that 15% capital gains tax sure is oppressive
The USA ranks 6th overall highest in capital gains taxes. It averages around 28% when you factor in short and long term capital gains plus state and local income taxes.
The USA ranks 6th overall highest in capital gains taxes. It averages around 28% when you factor in short and long term capital gains plus state and local income taxes.
Capital gains taxes represent an additional tax on a dollar of income that has already been taxed multiple times. For example, take an individual who earns a wage and decides to save by purchasing stock. First, when he earns his wage, it is taxed once by the federal and state individual income tax. He then purchases stock and lets his investment grow. However, that growth is smaller than it otherwise would have been due to the corporate income tax on the profits of the corporation in which he invested.[8] After ten years, he decides to sell the stock and realize his capital gains. At this point, the gains (the difference between the value of the stock at purchase and the value at sale) are taxed once more by the capital gains tax. Even more, the effective capital gains tax rate could be even higher on your gains due to the fact that a significant difference in the value of the stock is due to inflation and not real gains.[9]
All taxed once. Do they think you are stupid and not realize this even after pointing out it's only taxed once? You aren't taxed again on the money you invested.
And his response is based off of "a guy I knows story"
Sure.
IOW you did not bother to read the link. No one has time to read all the links, but why respond w/ a completely inaccurate response because you didn't read the link? Isn't it better just to shut up?
A lot of folks here are all about "if we cut off unemployment those people will actually go find work". They have a mistaken belief that the reason our unemployment is what it is is because of unemployment being available. This of course is insane to anyone who spends some time thinking instead of repeating slogans they hear on the radio.
This of course shouldn't be a surprise, unemployed people do not spontaneously create jobs just because they want one. Many here have pointed at a earlier experiment where a state stopped their unemployment as a great success, and their resulting unemployment rate went down-ignoring the reality that the total employed in the state didn't change.
Isn't the unemployed not finding work more about how job creation has been suppressed? It certainly makes no sense that someone receiving a check (for doing nothing) would get up and do anything to change it.
It probably would have helped if the shovel ready jobs promised would have materialized. Ah well... but hey, we got Bin Laden.
The job field is extremely competitive and there just aren't enough jobs for all these people looking. There are plenty of minimum wage jobs in my area but who can live off that. To think that people who are collecting unemployment aren't looking for a job is crazy.
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