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2008 State of the Union - Page 2

post #51 of 56
1/31/08 at 3:12am
Quote:
Originally Posted by Snaieke View Post
As to why a dollar would be the perfect minimum wage, that's in a virtual world.
Right, a virtual world where businesses aren't run by greedy profit-mongering assholes and everything is all puppy farts and unicorns.

Plus, the model of the Great Depression times ten is such an extreme that everyone would be clamoring to get back to something resembling familiarity, where capitalism would come back into play, where all the stakes would be lowered equally and the entirety of our society would be starting over from scratch - as you said. It's just a really, really nebulous concept where you could come up with any argument to fix the economy.

People could start paying for things with amounts of naked pelvic thrusts, for all we know. I wouldn't complain, unless the vendor was particularly unsightly, but it's still way out there. Again, as you said.
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post #52 of 56
1/31/08 at 11:18am
Quote:
Originally Posted by Snaieke View Post
Since raising minimum wage is actually closer to putting more families into poverty, it will put more people out of work and will spiral inflation further out of control, but Pandora's box has already been opened.
Oh, bullshit. This nonsense rears its head every time the minimum wage is increased, and every time the libertarian argument is shown to be wrong, wrong, wrong.

Quote:
See, in raising minimum wage you have those millions of people who had worked for years to get those 3-5% pay increases to bring them up from 5.25 to $7-10 dollars an hour once minimum wage has been increased to 7.25 in 2009 those people will not be getting the bump they've earned they'll be closer to on par with the new employee's and since most companies will combat this increase in two fold 1) Increase cost to consumer 2) Layoffs .. Here are the resulting economic impact: it will increase the number of expenditures to each American citizen(more for a bag of Tyson chicken, milk, eggs, gasoline etc..), thus making them closer if not directly into poverty. It will cause more American's to be unemployed. It will cause more operations to be shifted overseas. It will cause more under the table employee's (Illegal Immigrants, migrant workers etc..). It will also cause more Americans to have health insurance coverage dropped, as companies will cut hours to combat their wage increase making them part-time employee's and ineligible for benefits... and a few other very bad things.
This is already common practice. It has nothing to do with the minimum wage. If I want to give you 39 hours/week so as to avoid paying you benefits, I will. If your wage is $5/hour or $6 or $9 makes no difference to me. I'll get away with as much as I can regardless of your wage. People making far more than the minimum wage have been the victims of such practices as outsourcing and down-sizing in the name of increasing profits for years. As for hiring illegal aliens, I see no reason why the rest of society should pussyfoot around businesses so they aren't tempted to break the law by hiring illegal immigrants. The argument that a minimum wage forces these employers to become criminals is nonsense. It's no one's fault but theirs if they choose to engage in illegal hiring practices because they're too cheap to pay their workers.

Your argument is overly simplistic and obviously false. History is not on your side. The things you say will come to pass as a result of the minimum wage happen regardless of the minimum wage.
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post #53 of 56
2/7/08 at 9:50am
Quote:
Originally Posted by JudgeSmails View Post
Because he's a fruit loop. And he gives true Libertarians a bad name.



Anyone who takes Huckabee serious is just as wacked out as Paul fans.



McCain has not previously, nor does he now, believe there is an active North American Union. Or a secret cabal designed to create one.




Good for you. See me in 10 years when the stock market rate of return destroys gold's (see the last oh, 40 years for proof).



See me when the dollar collapses and it takes $1,000 to buy a loaf of bread.

.
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post #54 of 56
2/7/08 at 10:23am
Quote:
Originally Posted by DarthSidious View Post


See me when the dollar collapses and it takes $1,000 to buy a loaf of bread.

.
Okie dokie.
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post #55 of 56
3/16/08 at 5:17pm
Looks like its happening.....
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post #56 of 56
3/16/08 at 11:11pm
Quote:
Originally Posted by DarthSidious View Post
Looks like its happening.....
Shit, the $0.99 price next to that loaf of wheat the other day was a LIIIEEE!!
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