So then we have a significant problem to solve regarding basic income equality, hopefully a solution that does not create winners and losers based on the ability to manipulate the system.
Adam Smith Correct Once Again
- Thread starter Marshal Jim Duncan
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I never said I have it all figured out. I can discern something that obviously won't solve the problem fairly easily though.
As if we haven't seen the plight of the working man without government regulation. How soon we forget the lessons of the past.
Not everyone has that "minimum wage" bullshit, either, and their workers are doing great!
Just let the free markets work. It's great for people that inherit well or the top 1%. Darwin will take care of the rest.
Not everyone has that "minimum wage" bullshit, either, and their workers are doing great!
Just let the free markets work. It's great for people that inherit well or the top 1%. Darwin will take care of the rest.
I'm more inclined to support a maximum wage for attorneys. About $30/hour.
I don't. Nor do I pretend to in that post. You self-admitted a while back that you're new to following politics. Intended to be helpful.
I'd have done a threesome with her and Jeane Kirkpatrick. (Born in Duncan, OK). Two ugly women that give me a freedom boner.
Never pay it. You're best represented by yourself.
The "Power" of Magical Thinking: http://www.nationalreview.com/artic...ge-workers-study-obvious-economic-result-left
And also kind of revealing: http://www.washingtonexaminer.com/l...linton-campaign-about-15-wage/article/2604189
And also kind of revealing: http://www.washingtonexaminer.com/l...linton-campaign-about-15-wage/article/2604189
One question, if these economists who prepared this "study" are so confident in their data collection and results, why haven't they released their data publicly?
And right on cue, here comes another article from the Washington Post (admittedly an op/ed, but so was the original article) that presents research which completely contradicts the guys from Univ of Washington and presents some fairly compelling reasons why they are almost certainly wrong.
Chief among them I would say is the fact that Seattle economy is expanding during this same period of time and unemployment is near record lows. BTW, as is noted in this article, currently small businesses (less than 500 employees) still only have to pay $11 as minimum wage. Now consider this when thinking about whether or not this is a 'fair" wage for Seattle, a 2 bedroom apt in OKC is on the average $750, the avg. 2 bdm apt in Seattle is $2,750. Yet, the difference in minimum wage is only $3.75. (About $600/mo)
https://www.washingtonpost.com/news...ebsite&utm_source=fark&utm_term=.8a0a4f9e1396
And right on cue, here comes another article from the Washington Post (admittedly an op/ed, but so was the original article) that presents research which completely contradicts the guys from Univ of Washington and presents some fairly compelling reasons why they are almost certainly wrong.
Chief among them I would say is the fact that Seattle economy is expanding during this same period of time and unemployment is near record lows. BTW, as is noted in this article, currently small businesses (less than 500 employees) still only have to pay $11 as minimum wage. Now consider this when thinking about whether or not this is a 'fair" wage for Seattle, a 2 bedroom apt in OKC is on the average $750, the avg. 2 bdm apt in Seattle is $2,750. Yet, the difference in minimum wage is only $3.75. (About $600/mo)
https://www.washingtonpost.com/news...ebsite&utm_source=fark&utm_term=.8a0a4f9e1396
Are there any places with no minimum wage where the workers are really doing good from the free market?
Just so I am clear, what exactly is your position? I imagine this will take no more than two sentences, so try not to get convoluted.
The 2.7% of all workers who earn just the minimum wage you mean, 50% of whom are aged 25 or younger???
He doesn't know much about segmentation, process, demonstrated skill acquisition, soft traits (such as reliability and predictability), and other such things...And how those parameters fold into things such as market wage rate.
So your saying raising minimum wage has minimal macro economic impact?
I think it depends upon the local economy in question. There is zero doubt, however, that, if you raise the minimum wage almost 60%, lower skilled workers who were making the minimum wage (and in some cases more than the previous minimum wage) will lose hours or their jobs. Anyone who says otherwise is full of shit.
I'm all for a fair system, I have no interest in income equality, that's a load of socialist crap.
Lot's of people have more than me, I don't begrudge them a nickle and I don't feel I owe anyone who has less than me anything.
Walk into your boss (err) tomorrow and demand a reduction in pay to accommodate equitable compensation for all in your organization across the board. Don't just fire meaningless rhetoric on a message board, do it.
Learn a skill that's in demand and get a job that pays better than minimum wage. There are jobs out there.
Yep. Someone worth $8/hr isn't going to get the $15/hr jobs. The people worth $15/hr will get them.
Damn, you should run against Rahm in Chicago; you're on the cutting edge of a winning slogan.
Okay, forget net worth, so in your mind my 60 hour work week and profit contribution is worth the same income has someone who works 20 hours a week and contributes little to the bottom line of the company.
Again, socialist crap.
As if we haven't seen the plight of the working man without government regulation. How soon we forget the lessons of the past.
Not everyone has that "minimum wage" bullshit, either, and their workers are doing great!
Just let the free markets work. It's great for people that inherit well or the top 1%. Darwin will take care of the rest.
Your examples... a little hyperbolic.
Boy if there's one thing we wont stand for on this board it's hyperbole. Or factually accuracy. I don't know what i was thinking, using history from our own country.
Anywhere?
I'm just not getting the issue. Minimum wages are bad for working folks, but we can't look to places without minimum wages to see how good it works. Sounds legit.
Anywhere?
I'm just not getting the issue. Minimum wages are bad for working folks, but we can't look to places without minimum wages to see how good it works. Sounds legit.
How would the economy work in the Republic of Syskastan? Lay some factually accuracy on me.
Net worth? Who mentioned net worth?
Who said anything about devaluation of your effort?
Income inequality is a macro economic description of highly uneven income distribution. High levels are typically indicative of systemic imbalances and social disruption.
How do you get from that to defending your work ethic?
Why don't you stop with socialist economic double speak and tell us exactly what income equality would look like in the USA.
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Gotta ask...
Should the guy in his 40's working his fifth fast food job in 3 months with no education, no marketable skill, can't show up to work on time, and a problem maintaining any sense of responsibility make as much as you? Should you expect the same income as he's making? How much should he really make? How much should you really make?
I make a really good living, especially considering the pay of my peers, upwards of 3 times what the average person in my field makes. But the difference between me and most of my peers is that I have actively sought to continue my education and expand my expertise to create the opportunities for myself to make what I do. Like you, I'm a subject matter expert in multiple areas. Many of my peers don't pursue the same. Should we all make the same amount of money?
What exactly is income equality besides some people are slugs and don't have the personal drive to be more successful? How do we make pay more equitable when it's obvious skill, talent, and production aren't?
