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There are many corporate lackeys, useful idiots, bots and straight paid shills; it's hard to differentiate...
But if someone is against improving the lives of their fellow American-they are one of the above.
Or educated.
I'm not against indexing it and it is time for an increase....but you guys and your "living wage" stuff are hillarious since you are politically blind lemmings that have been told to focus on the wage which is just the equilibrium between worker supply and worker demand.
See, the war on science continues with people that deny that supply and demand exist.
We import massive amounts of labor supply into the country via illegal immigration so that makes it easy to find dish-washers, hotel room cleaners etc. which suppresses lower-wage jobs pay. That and we NAFTA'd away most of our manufacturing over seas.
Geee, lots more workers and fewer jobs.....waiiiiiiit for it......waaaaaaaaaaaiiiiiit for it.
<Genius moment>
The problem must be the PAY! We just have to PAY people more!
Sorry charlie, your political minders have lied to you because they want that latino vote and are lying to you so you keep voting for them despite them being the same corporatist hacks as the republicans.
Oh, and every democratic presidential ticket since Clinton (who signed it) has had a NAFTA signatory on it.
They've successfully diverted the jobs\poverty issue by making it about minimum wage. It's not.
For the same reason that a business cannot charge more than a product or service is worth; i.e., more than the market will bear, an employee cannot expect to be paid more than his skills and knowledge are worth to any employer. Value for value is the rule. If government tries to violate this principle, in the end, the job market for the lower skilled worker will dry up.
Exactly how does devaluing the dollar benefit us all? I'm dying to know.
If you are so concerned about "Devaluing the dollar" why don't you care about the TRILLIONS created out of thin air and given to the richest 1% of our population through quantitative easing?
Why do people NEVER complain about made up money given to rich people?
If you are so concerned about "Devaluing the dollar" why don't you care about the TRILLIONS created out of thin air and given to the richest 1% of our population through quantitative easing?
Why do people NEVER complain about made up money given to rich people?
HYPOCRITES
I am against it, actually. The entire QE propping up of the stock market is a crock. Why do you assume that the two issues are mutually exclusive?
Look, you can argue for an increase in minimum wage all you want. However, there are no facts to back up those arguments. At no time since the 1930's, when minimum wage was introduced, has an increase in the minimum wage led to a substantial long-term improvement in the economic position of minimum wage earners. The reason behind this is simple, and I have written it out in several posts on several previous threads on the minimum wage. What it comes down to is that when you raise the minimum wage, the market adjusts. This means that jobs which currently pay 10% over minimum wage will, in the long run, continue to pay 10% over minimum wage - assuming that the increase doesn't drive their profit down to such a low point that it is no longer feasible to stay open, in which case those jobs will disappear much like the manufacturing jobs have disappeared over the years. Along with the adjustment in the labor market, there will be an adjustment in the finished product market. Companies do not set their price point on products to be affordable to minimum wage earners, because minimum wage earners make up a tiny percentage of consumers. Products are priced to be affordable to the median wage earner, because that encompasses a larger portion of consumers. So, raising the minimum wage will result in exactly what it has resulted in before, i.e. a temporary improvement in the lifestyle of minimum wage earners followed by an adjustment in wages and prices which will result in minimum wage earners once again being unable to afford 52" televisions, luxury cars, iphones, name brand clothing, and all those other things that people who have worked their way up the economic ladder either through education or experience can afford.
The long and the short of it is that if you want to improve the economic position of minimum wage earners, focus on programs that make obtaining an education or a skill set that is marketable to employers easier. The only way that minimum wage earners are going to improve their lifestyle is to find employment that pays more than minimum wage. No amount of minimum wage adjustment or economic voodoo is going to change this simple fact of life.
If you are so concerned about "Devaluing the dollar" why don't you care about the TRILLIONS created out of thin air and given to the richest 1% of our population through quantitative easing?
One of the biggest beneficiaries of QE has been the $24 trillion pension/retirement investment sector, not just the top 1%.
Get a clue, and stop parroting the manipulatively deceptive class warfare propaganda talking points you've been spoon-fed. Everyone who contributes to or benefits from an IRA,401K, pension fund (public employee, union, or private sector),mutual fund, annuity, or whole life insurance policy, etc., has benefitted from QE, not just 1%-ers.
How anyone fails to connect the dots on how so very many Americans' retirement plans (pensions, IRAs/401Ks, annuities, etc.) absolutely depend on investments doing well is beyond me. Don't people have critical thinking skills anymore?
Get a clue, and stop parroting the manipulatively deceptive class warfare propaganda talking points you've been spoon-fed. Everyone who contributes to or benefits from an IRA,401K, pension fund (public employee, union, or private sector),mutual fund, annuity, or whole life insurance policy, etc., has benefitted from QE, not just 1%-ers.
How anyone fails to connect the dots on how so very many Americans' retirement plans (pensions, IRAs/401Ks, annuities, etc.) absolutely depend on investments doing well is beyond me. Don't people have critical thinking skills anymore?
Tomorrow is never promised. Why should only the global elite see the rewards and fruits of our labor in the present?
QE devalues our dollar and is a hidden tax on the working people. It's purpose is only to protect the hierarchy of our financial system and the corrupt institutions that control it.
They get cold hard cash to spend, invest and grow their wealth in the here and now and we get promises, IOUs and wealth on paper? Sounds fair.
Thanks for your concern-but I'd MUCH rather just take the money and invest/save for retirement myself then to be entangled with our inherently greedy and deceitful financial system .
I'm not against indexing it and it is time for an increase....but you guys and your "living wage" stuff are hillarious since you are politically blind lemmings that have been told to focus on the wage which is just the equilibrium between worker supply and worker demand.
See, the war on science continues with people that deny that supply and demand exist.
We import massive amounts of labor supply into the country via illegal immigration so that makes it easy to find dish-washers, hotel room cleaners etc. which suppresses lower-wage jobs pay. That and we NAFTA'd away most of our manufacturing over seas.
Geee, lots more workers and fewer jobs.....waiiiiiiit for it......waaaaaaaaaaaiiiiiit for it.
<Genius moment>
The problem must be the PAY! We just have to PAY people more!
Sorry charlie, your political minders have lied to you because they want that latino vote and are lying to you so you keep voting for them despite them being the same corporatist hacks as the republicans.
Oh, and every democratic presidential ticket since Clinton (who signed it) has had a NAFTA signatory on it.
They've successfully diverted the jobs\poverty issue by making it about minimum wage. It's not.
It's not about minimum wage for me.
It's about the fact that of the 100 largest economies in the World today there are more nationless corporations then entire nations of people. Our Government has been hijacked-and nationless corporations pay a cheap price for the kind of access they have to the largest consumer group on the planet.
Who do illegal immigrants benefit? Again-the nation-less corporations that are able to outsource labor as cheap as possible, avoid taxes and sell products to us as expensively as they can. They are not invested in our country and our society-they will find new consumers as our Middle Class further deteriorates.
One day you will see the danger in allowing these corporations with no allegience to our country or people to become bigger and bigger as Governments around the world become obsolete.
Tomorrow is never promised. Why should only the global elite see the rewards and fruits of our labor in the present?
Why should millions of American retirees get their pensions and retirement account savings in the present?
Quote:
Thanks for your concern-but I'd MUCH rather just take the money and invest/save for retirement myself then to be entangled with our inherently greedy and deceitful financial system .
How do you plan on investing it "yourself?" Do you have a seat on the NYSE or NASDAQ?
Tens of millions of Americans just like you are part of that $24 trillion pension/retirement investment sector. How do you not know that?
Why should millions of American retirees get their pensions and retirement account savings in the present?
How do you plan on investing it "yourself?" Do you have a seat on the NYSE or NASDAQ?
Tens of millions of Americans just like you are part of that $24 trillion pension/retirement investment sector. How do you not know that?
I invest in land/real estate-not the potential earnings/profitability of corporations in a system I'd like to see reformed.
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We just have to PAY people more! 
Everyone who contributes to or benefits from an IRA, 401K, pension fund (public employee, union, or private sector), mutual fund, annuity, or whole life insurance policy, etc., has benefitted from QE, not just 1%-ers. 
