Quote:
Originally Posted by Storm Eagle
So you just pulled a random country out to try to make your point. I can do that to what about Mexico which has a much lower min wage are they poor because of any of those things?
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There is a reason why Mexico is as it is.
When you get the courage, you can start by studying the US invasion of Vera Cruz, and the overthrow of President Huerta.
Quote:
Originally Posted by Storm Eagle
Gotta love the people who think it is okay to let businesses pay whatever they want even if it is not livable.
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Gotta love people who steal my money so that others can buy beer.
Oh, wait, that's right, in your Fantasy World, people are
entitled to beer and lottery tickets.
Since you refuse to objectively define "Living Wage" in no uncertain terms, how in the hell are businesses supposed to know what a "Living Wage" is?
Your government refuses to pay the rent for some single Americans who earn $9,101 annually --- $4.55/hour.
At the same time, your government will pay the rent of a single American who earns $26.75/hour, or $53,490 annually.
In plain English, your government says $4.55/hour
is a "Living Wage" and simultaneously says, $26.75/hour
is not a "Living Wage."
When you learn to believe what your government says regarding income and Welfare Benefits, perhaps you'll actually gain an understanding.
Quote:
Originally Posted by Storm Eagle
Min wage used to be a starting wage....
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No, not true. That is totally false.
When I have the time, maybe I can research and trace back the origin of that propaganda.
Quote:
Originally Posted by Storm Eagle
....then factory jobs disappeared...
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But, of course!
That was always part of the program. That's how the Laws of Economics work.
That has been known for decades. Why didn't you elect politicians who would exercise foresight?
Why did you continually elect politicians that violated the US Constitution?
The US progressed from a ZERO Level Economy, to a 1st Level Economy, then the 2nd Level, you hit the 3rd Level in the late 1940s, and then the 4th Level in the 1970s.
You should have moved into the 5th Level Economy in the mid-1990s (or perhaps at the start of the 21st Century).
You failed.
Your flawed ideology and selfish ignorance brought this upon yourself. Take your medicine like an adult.
The 5th Level Economy has no need for MBAs.
The 5th Level Economy has no need for people majoring in
"The Contributions of Homosexuals to 12th Century Byzantine Cuisine."
You need people like you had in the 50s and early 60s -- engineers, chemical engineers, petro-chemical engineers, geologists, physicists, biologists, botanists --- except on steroids and 1000x smarter.
If you want to live in a commune greasing pigs because it's the only way you can afford internet service, then continue what you're doing.
Quote:
Originally Posted by Storm Eagle
I will not argue with you that raising the min wage makes prices go up but show me just how high the prices go because this belief that prices will soar with min wage increase is not something I believe to be true.
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Not surprising, since you don't even believe your own government.
Straw Man
Your reasoning contains the straw man fallacy whenever you attribute an easily refuted position to your opponent, one that the opponent wouldn’t endorse, and then proceed to attack the easily refuted position (the straw man) believing you have undermined the opponent’s actual position. If the misrepresentation is on purpose, then the straw man fallacy is caused by lying.
No one said "
prices will soar."
Demand-pull Inflation increases arithmetically, then geometrically, then exponentially, until such time as the Laws of Economics induce a phenomenon called "Demand Destruction."
You refused to develop States. You did everything in your power to keep them from advancing beyond a ZERO Level Economy.
Now you're angry, because BRICS is gallivanting around the globe engaging in the Christian-style nation-building
that you should have been doing for the last 116 years --- no, selling HAWK missile to a county is not "nation-building," sorry, wrong answer.
If you have issues with that, then your ideology is fatally flawed.
Anyway, BRICS is moving those foreign States from ZERO Level Economies to 1st Level Economies and beyond, and as this process occurs, the demand for commodities increase.
You will be experiencing Demand-pull Inflation for the rest of your natural life, so you had best get used to it.
You have to two -- and only two -- options:
1] Stop consuming (reducing Demand); or
2] Increase Supply
Raising wages does not stop consumption; and it does not increase Supply.
If you cannot figure that out, there's no hope for you.
Quote:
Originally Posted by Storm Eagle
The reason is that someone working full time job should be paid enough to support themselves...
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Is-Ought
The is-ought fallacy occurs when a conclusion expressing what ought to be so is inferred from premises expressing only what is so, in which it is supposed that no implicit or explicit ought-premises are needed.
That is not why wages or jobs exist.
Quote:
Originally Posted by Storm Eagle
Businesses employ people who need the job to survive so yes they do have a responsibility to provide enough for people to live on.
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No, they do not.
When a business is losing money, it must take actions to reverse its situation. Such actions might include selling off the unprofitbale parts of the business (assuming that's even possible), or firing employees, cutting benefits, or taking other measures.
Households must do exactly the same.
Stop wasting money on disposable items. Stop eating out 35x a week....you're not entitled to fast-food. Start shopping at thrift stores.....you're not entitled to Coogi or Bebe. Start networking and trading clothes with other families -- yeah, hand-me-downs......I lived....I survived....I didn't get cooties....you're not entitled to "new" anything. If you cannot afford beer, then you abstain from beer, or you get a second job to buy beer, you don't lie and claim you cannot feed your family and then steal my money to buy beer. Unload your car so you don't have a car-note, and then pay cash for a used car....you're not entitled to a new car.
Like these single people who earn $26.75/hour and steal my tax dollars to pay for their rent, they need to share an apartment with another person, because no one is entitled to their own personal private castle.
And you have still refused to answer such a simple question....
Mircea