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Old 09-28-2012, 10:35 AM
 
23,838 posts, read 23,113,952 times
Reputation: 9409

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Quote:
Originally Posted by EddieB.Good View Post
Businesses are not afraid to hire new employees. Obamacare is a known quantity. Businesses will or they won't hire; there's no "fear" of Obamacare.

What there is a race to the bottom supported by dogmatic pursuit & support of supply & demand. There's a significant portion of this country that is okay paying someone WHATEVER they'll agree to work for, even if that wages was $1 and bag of cheetos. That's the problem.
You're not very informed are you Eddie? I'm astonished that you'd make such blatantly naive and erroneous statement.

Quote:
A majority of small business owners and manufacturers are mulling drastic changes to comply with Obamacare, with 21 percent set to drop health insurance to workers altogether and 38 percent planning to make employees pay much more.

In a poll done for the National Association of Manufacturers and National Federation of Independent Businesses, 59 percent said that they will have to consider changes once the full law kicks in because increased costs will jeopardize their operations. According to the poll, 67 percent expect Obamacare to raise healthcare costs.

The fears about spending more on health care are adding to growing concerns among small businessmen and women about staying in business, said the poll from Public Opinion Strategies.

Pollster Bill McInturff noted that the combination of a bad economy, greater regulations and increased economic uncertainty have forced 24 percent of the firms polled to lay off workers, 23 percent to tap their own savings to stay open and 11 percent to kill health coverage for workers.
60% Of Firms To Kill Health Insurance Or Charge Employees More For It Due To Obamacare « Pat Dollard

http://pos.org/

So if your entire premise is flawed, I guess you really have no valid rebuttal to these inconvenient truths.

And seriously....why are you so naive? It's emabarrassing. Wherever you get your talking points from......i'd advise you to take a long hard look at what you're being fed. Because clearly you're more misinformed than you think you are.
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Old 09-28-2012, 10:38 AM
 
Location: Area 51.5
13,887 posts, read 13,664,841 times
Reputation: 9174
Quote:
Originally Posted by EddieB.Good View Post
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
OMG OMG OMG!

Nobody, NOBODY, ever thought the government dictated wages.

Here's your clue: It's higher taxes and fees that makes for a smaller paycheck.

Damn!

Double Damn!

Jeez Oh Freakin' Pete!

Quote:
Originally Posted by EddieB.Good View Post
Businesses are not afraid to hire new employees. Obamacare is a known quantity. Businesses will or they won't hire; there's no "fear" of Obamacare.

What there is a race to the bottom supported by dogmatic pursuit & support of supply & demand. There's a significant portion of this country that is okay paying someone WHATEVER they'll agree to work for, even if that wages was $1 and bag of cheetos. That's the problem.
Quote:
Originally Posted by AeroGuyDC View Post
You're not very informed are you Eddie? .
You got that right!
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Old 09-28-2012, 11:14 AM
 
Location: Chicago, IL
9,701 posts, read 5,109,464 times
Reputation: 4270
Quote:
Originally Posted by Toyman at Jewel Lake View Post
Epic fail!

Look up "prevailing wage legislation"
Lol... so you're saying that laws that provided a FLOOR on wages shares some blame for low private sector wages? You might want to rethink that...

Quote:
Originally Posted by AeroGuyDC View Post
You're not very informed are you Eddie? I'm astonished that you'd make such blatantly naive and erroneous statement.


60% Of Firms To Kill Health Insurance Or Charge Employees More For It Due To Obamacare « Pat Dollard

Public Opinion Strategies

So if your entire premise is flawed, I guess you really have no valid rebuttal to these inconvenient truths.

And seriously....why are you so naive? It's emabarrassing. Wherever you get your talking points from......i'd advise you to take a long hard look at what you're being fed. Because clearly you're more misinformed than you think you are.
If companies are unsure about what they're going to do about Obamacare, they just haven't done their work. Saying company's are "afraid" of Obamacare is like saying company's are "afraid" of paying their employees b/c they haven't looked at their payroll account. All the details are there to figure what, if any, expenses are going to be impacted. I did the legwork for my company, and it's not affecting anything for us.

Quote:
Originally Posted by Dale Cooper View Post
OMG OMG OMG!

Nobody, NOBODY, ever thought the government dictated wages.

Here's your clue: It's higher taxes and fees that makes for a smaller paycheck.

Damn!

Double Damn!

Jeez Oh Freakin' Pete!

You got that right!
And the fact that our tax burden is the lowest it's been in over 70 years says what about the stagnating wages of the last 30?
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Old 09-28-2012, 11:19 AM
 
5,787 posts, read 4,713,608 times
Reputation: 853
Quote:
Originally Posted by EddieB.Good View Post
Jobs vs wages are not interchangeable terms. Capital gains vs wages are not interchangeable terms.
the median household increased its wealth by $20,000 in real terms.

Unless they robbed a bank, they must have been paid more.
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Old 09-28-2012, 11:23 AM
 
Location: Prepperland
19,013 posts, read 14,188,739 times
Reputation: 16727
I sincerely doubt anyone will be able to prove their points.

Reason #1 : the unit of measure, the "dollar bill", is a variable, and dropping in trade value.
Reason #2 : Usury, which is mathematically unsustainable in a finite money token system, due to the exponential equation, requires an infinite money supply.
Reason #3 : The U.S. has been under "Emergency Rules" since 1933.
Reason #4 : Wealth is not prosperity. A mountain of money is worthless if there is nothing to buy.
Reason #5 : And since the function of any money token is to facilitate trade, hoarding it removes it from circulation and thus impairs its function.

BTW - the national debt, in excess of 16 trillion DOLLARS cannot be paid off with "dollar bills" (See: Title 12 USC Sec. 411). Dollar bills are IOUs (debt). Debt cannot pay off debt.
Pursuant to clause 4, 14th amendment, the validity of this impossible public debt cannot be challenged.
Coincidentally, all "human resources" who signed up with FICA are pledged as sureties on that impossible debt.

OOPS.
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Old 09-28-2012, 11:40 AM
 
Location: Chicago, IL
9,701 posts, read 5,109,464 times
Reputation: 4270
Quote:
Originally Posted by jt800 View Post
the median household increased its wealth by $20,000 in real terms.

Unless they robbed a bank, they must have been paid more.
20k over how long? Is that accounting for gains other than than the top 10%? What about the wealth gains over the different quintiles?
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Old 09-30-2012, 10:04 AM
 
Location: Ohio
24,621 posts, read 19,152,432 times
Reputation: 21738
Quote:
Originally Posted by EddieB.Good View Post
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
Quote:
Originally Posted by EddieB.Good View Post
Obamacare is a known quantity.
It seems like everyday you start a disingenuous thread.

You are incredibly naive about business and economics.

How can we tell? This for starters....

"...private sector hoarding..."

What is the only way a publicly traded corporation can protect itself from an hostile takeover, leveraged buy-out or forced merger?

By hoarding cash.

Oooops.

I rarely give investment advice, except in very general terms, but iff you own stock in any company that is not sitting on a mountain of cash equal to at east 1/3 of its assets, then you should be aware that company is subject to take-over and you could lose your shirt if you don't know what you're doing.

These are very volatile times economically both domestically and globally.

Government regulations increase the cost of doing business which results in lower wages, and Obama's policies have in part caused lower wages.

In spite of what you claim Obamacare is not a "known quantity."

As of January 1, 2014, there are no longer any annual or life-time limits and you all should expect huge rate increases, because businesses certainly are.

Economically...

Mircea
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Old 09-30-2012, 10:30 AM
 
48,502 posts, read 96,816,250 times
Reputation: 18304
Compnestio for work is very hard to measure when yopu consider that alot of it is not figured into wages by governamnt. For instances last years governamnt relased stats showed that the average amount spent by employer who contribute to heaklth insurance for employeees average 13+ K dollars a year per worker.Just as we forget that not long ago health insurance was confinded to Hospitalization only ;not major medical coverage.Even government poverty measurement does not include anyhting other than wages like assitance provided in the last measure I saw at 18K and below per year.
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Old 09-30-2012, 10:35 AM
 
5,261 posts, read 4,153,884 times
Reputation: 2264
The government creates jobs all the time. Defense and infrastructure projects generate contracts that keep thousands employed. The space race generated all sorts of industries and jobs within the scientific realm. The government has created an entire prison industry. I could go on and on.

Bill Clinton has all of this correct. The successful nations are those that have a partnership between government and the private sector.
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Old 09-30-2012, 10:38 AM
 
17,400 posts, read 11,967,439 times
Reputation: 16152
Quote:
Originally Posted by EddieB.Good View Post
It seems like everyday some Conservative on here is making a disingenuous connection between Obama's policies and decreasing workers' wages. If you think low wages are a problem, that blame falls on squarely on the PRIVATE SECTOR. When corporate profits are up and stock prices are up and executive pay is up, but worker wages are stagnant, the reason is b/c of private sector hoarding, not gov't policy.
And why are they hoarding? Because they are unsure of the future. Who knows what disastrous economic impact ObamaCare will have on their finances? What his out-of-control regulations will have on their finances?

Yup, his ruling by fiat HAS impacted wages.
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