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Old 09-12-2014, 11:18 AM
 
1,259 posts, read 829,225 times
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Quote:
Originally Posted by irspow View Post
I think it is because the "minimum wage" idea is so inane and destructive that those who understand anything about money, the market, or human nature feel compelled to rail against the lunacy of it all.
Minimum wage Is such an inane and destructive concept that most developed industrialized nation have it, while most poverty riddled third world countries don't. Use your head, bud. Lol
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Old 09-12-2014, 11:30 AM
 
Location: The ends DO NOT justify the means!!!
4,783 posts, read 3,744,135 times
Reputation: 1336
Quote:
Originally Posted by random_thoughts View Post
Minimum wage Is such an inane and destructive concept that most developed industrialized nation have it, while most poverty riddled third world countries don't. Use your head, bud. Lol
Okay, I am defeated. Let's make the minimum wage a $1000 an hour and see how much changes in income disparity and purchasing power...(hint: nothing will change...the market will correct itself in proportion to the arbitrary minimum wage...)
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Old 09-12-2014, 11:32 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by random_thoughts View Post
Minimum wage Is such an inane and destructive concept that most developed industrialized nation have it, while most poverty riddled third world countries don't. Use your head, bud. Lol
It is still a stupid idea. Developed nations have people who don't understand basic economics or elementary math so they pass stupid laws.

After so many discussions and you still can't understand why it's a stupid idea?
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Old 09-12-2014, 11:33 AM
 
7,846 posts, read 6,408,756 times
Reputation: 4025
Quote:
Originally Posted by irspow View Post
Okay, I am defeated. Let's make the minimum wage a $1000 an hour and see how much changes in income disparity and purchasing power...(hint: nothing will change...the market will correct itself in proportion to the arbitrary minimum wage...)


Why does this Fox News talking point continue to be regurgitated in every minimum wage thread? This is beyond assinine. "Why not make it $1 million / hour!!!"

Quote:
Originally Posted by random_thoughts View Post
Minimum wage Is such an inane and destructive concept that most developed industrialized nation have it, while most poverty riddled third world countries don't. Use your head, bud. Lol
Well duh, we want to be a third world country.
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Old 09-12-2014, 11:33 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by irspow View Post
Okay, I am defeated. Let's make the minimum wage a $1000 an hour and see how much changes in income disparity and purchasing power...(hint: nothing will change...the market will correct itself in proportion to the arbitrary minimum wage...)
I'd be in full support of that!!!

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Old 09-12-2014, 11:34 AM
 
7,846 posts, read 6,408,756 times
Reputation: 4025
Quote:
Originally Posted by lifeexplorer View Post
It is still a stupid idea. Developed nations have people who don't understand basic economics or elementary math so they pass stupid laws.

After so many discussions and you still can't understand why it's a stupid idea?
Every developed nation on earth has a minimum wage (most higher than ours) or sky high union membership. So the whole world is wrong and you're right?
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Old 09-12-2014, 11:35 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by Opin_Yunated View Post


Why does this Fox News talking point continue to be regurgitated in every minimum wage thread? This is beyond assinine. "Why not make it $1 million / hour!!!"



Well duh, we want to be a third world country.
Huh? Because that would be crazy?
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Old 09-12-2014, 11:35 AM
 
3,445 posts, read 6,068,233 times
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You got it right for once...most of the world is wrong.
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Old 09-12-2014, 11:36 AM
 
26,694 posts, read 14,576,036 times
Reputation: 8094
Quote:
Originally Posted by Opin_Yunated View Post
Every developed nation on earth has a minimum wage (most higher than ours) or sky high union membership. So the whole world is wrong and you're right?
Me? My opinion doesn't matter.

You can't argue with math though. 1+1=2 and 1+2=3. You will not going to have 1+2=2. Again, elementary school math.
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Old 09-12-2014, 11:38 AM
 
7,846 posts, read 6,408,756 times
Reputation: 4025
Quote:
Originally Posted by lifeexplorer View Post
Huh? Because that would be crazy?
Quote:
Originally Posted by 30to66at55 View Post
You got it right for once...most of the world is wrong.
Quote:
Originally Posted by lifeexplorer View Post
Me? My opinion doesn't matter.

You can't argue with math though. 1+1=2 and 1+2=3. You will not going to have 1+2=2. Again, elementary school math.
I can't ever hope to match your intellect

1+1 = 2 has nothing to do with minimum wage. If you want to use numbers try some relevant ones.
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