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The answer to both of those is higher minimum wages, if you don't want the bubble to pop then turn it into inflation. Up wages to cover the asset valuations.
Asset valuations decline as employment costs increase.
The answer to both of those is higher minimum wages, if you don't want the bubble to pop then turn it into inflation. Up wages to cover the asset valuations.
I'm not against a higher minimum wage but that is a band aid on a cancer.
Europe isn't welcoming refugees out of altruism.
They're depopulating, thanks to socialism's effect on the birthrate.
When you stop relying on 'your own children' for old age, and presume 'other people's children' will support you, it backfires when the birthrate drops, and you run out of 'other people's children.'
Last edited by jetgraphics; 06-02-2016 at 01:05 PM..
Actually it does a lot for the underlying imbalanced metrics.
Yes, things are off kilter. I've argued that for years. I've argued this is why there is a need for raising the minimum wage but the problem is the government tipping the scales in the first place.
I would prefer to see their actions rolled back but barring that, yes we need to raise the M.W.
educate yourself to what a Social Democracy is! The U.S hasn't even ranked top 10 in years!
Social Democracy is slavery and thievery by government.
Voluntary charity is a blessing.
Compulsory charity is a curse.
Though America is guaranteed a republican form (no connection with "republic"), most Americans volunteered into the socialist democratic form, via compact.
Thus it is unfair to ignore 83 years of mismanagement under socialist democracy and argue that it would be solved by "more" socialist democracy.
Already, government "TAKES" from one to "GIVE" to another. And though government has not overtly nationalized all labor and industry, it indirectly controls it via oppressive regulation, and takes the lion share of profit via taxation.
(Aggregate government spending is 44% of the GDP)
A serf in Egypt had a better deal - 20% (one part in five) - taken by Pharaoh.
★ Federal spending, per capita : $12,083.0 (percentage of GDP: 24%)
★ State spending, per capita : $ 4,454.10 (percentage of GDP: 9%)
★ Local spending, per capita : $ 5,308.4 (percentage of GDP: 11%)
Summed up, combined government spending takes (approx) 44% of the GDP.
Social Democracy is slavery and thievery by government.
Voluntary charity is a blessing.
Compulsory charity is a curse.
Though America is guaranteed a republican form (no connection with "republic"), most Americans volunteered into the socialist democratic form, via compact.
Thus it is unfair to ignore 83 years of mismanagement under socialist democracy and argue that it would be solved by "more" socialist democracy.
The argument is unless we stop the socialism at the top their is going to sooner or later be violence at the bottom.
The less at the top, the less that is needed at the bottom.
Not as fast as they do when Real Estate bubbles pop.
Get the federal government out of creating real estate bubbles, and that wouldn't happen.
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