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By what standards and how do you compare any country the size of Cuba
to the USA?
Fill us in.
So just because our ideals are liberal they are wrong?
LOL !!! There are over 30 jobs bills in the Senate right now. They were sent there from the House.
The problem are the things Obama really wanted were passed in the first two years of his Presidency.
ObamaCare, his stimulus and they have caused massive damage to an already weak economy.
What exactly should the Senate pass to help Obama out ?
This is almost too comical to warrant a response. Do you think the government just hid the debt for eight years and then all of the sudden dumped it into the President's lap? :roll:
passing the $9 dollar minimum wage would be a major stimulus; perhaps eclipsing the 1.45 million people who are working as a direct result of the $80 billion bailout of the auto industry.
That’s more than likely the main reason for the opposition to the President’s plan. It’s kinda sad when the only thing the republicans can put forward is to be again anything the President is for; such as the idea for an insurance requirement,which originated from republican health care plans of the 90s.Then we have mittcare from2006.SAD.
passing the $9 dollar minimum wage would be a major stimulus; perhaps eclipsing the 1.45 million people who are working as a direct result of the $80 billion bailout of the auto industry.
That’s more than likely the main reason for the opposition to the President’s plan. It’s kinda sad when the only thing the republicans can put forward is to be again anything the President is for; such as the idea for an insurance requirement,which originated from republican health care plans of the 90s.Then we have mittcare from2006.SAD.
Sweden, Denmark and Norway prove liberalism works.
None of them have a minimum wage. (Oops).
Norway has a rational, real-values oriented pension systems ( NOT stuffed with IOUs of the same government, like our Social Security). Oh, and it has oil: Saudi Arabia with human face. Yes, you can spend a lot of money, if you have a lot of money. Duh.
Sweden had been ruled by moderate libertarians for the last decade and a half. And it shows. Look up "Anders Borg".
Denmark is higher than the US of A on the multiple-factor scales of "free-marketism", according to those who bother to keep the tab: Index of Economic Freedom: Promoting Economic Opportunity and Prosperity by Country
What is sad is that people like you believe small businesses are going to absorb that increased cost and not pass it on to the consumer, the net effect of the minimum wage increase will be negative as businesses will still have to compete and consumers will be stuck with the bill. Hours will be cut, employees will be cut, and the reduction in govt. revenue will continue. What is it about liberalism that creates such naive people who have no understanding of business, human behavior, or the components of GDP
If the US had it's own national oil company, we'd have a lot more money too.
duh!Your article is dated March 1st 2009. Major fail.
there is a reason for this. under federal regulations fannie mae and freddie mac could only buy for the secondary market "conforming" loans. to conform, the loan had to meet established federal criteria. countrywide loans were NON-conformingIt's also doesn't characterize a Countrywide loan for example as a "CRA loan".
it's almost like you are trying to prove your ignorance on this topic. a republican president, nixon, privatized the GSEs. instead of being owned by the taxpayer, the shares of fannie mae and freddie mac were sold to private interests. however, there was a huge problem with that. the federal government still provided an 'implied' guaranty on the GSEs' transactions. so, when they got in trouble, the taxpayers covered their losses. whereas while they were VERY profitable, the individual interests pocketed the profits. a very heads-i-win, tails-you-lose scenario. which takes us to your next ignorant statement:The problem with that premise is that the GSEs bought up 70% of all of CountryWide's loans and added them to their portfolio.
made made all of that **** upDemocrats caused the Housing Crash. It's irrefutable. Reno strong armed banks to push affordable housing goals to reduce "redlining". Groups like ACORN were used as the foot soldiers in neighborhoods to keep the banks in line. Classic left wing community organizing.
you offer no facts to refute. because you came into this discussion unarmed and prepared to be embarrassed. glad to obligeEvery fact you are unable to refute you characterize as "Right Wing Memes" while at the same time you push 4 year old articles that are long past even being remotely relevant. Sad and pathetic.
yes, it does. offer any proof that what i have posted to refute your argument is in any way in errorIt matters
Minimum wage affects retail more than anything else. More specifically it affects restaurants, which is something you can't ship off overseas. Yes cost of food will go up, but the amount the wage increases will more than keep up with that. These types of businesses are already working on bare bones staffing. That's what capitalism does. You can't really cut much more than they already have. People having more money to spend will create more business. In the history of minimum wage increases there has been NO significant change in unemployment. Stop spreading lies.
Minimum wage affects retail more than anything else. More specifically it affects restaurants, which is something you can't ship off overseas. Yes cost of food will go up, but the amount the wage increases will more than keep up with that. These types of businesses are already working on bare bones staffing. That's what capitalism does. You can't really cut much more than they already have. People having more money to spend will create more business. In the history of minimum wage increases there has been NO significant change in unemployment. Stop spreading lies.
There's no business like show business. Did you notice how robotic that applause was? Makes you wonder if they aren't all androids.
Do you have any idea how many people in this country out of the labor force of 150 million plus or minus labor force make minimum wage, who they are, and how long they make minimum wage? Further do you understand that not all states pay the Federal Minimum wage with most paying more than the current Federal Minimum wage? This is nothing more than rhetoric that doesn't do anything to put 22 plus million unemployed/under employed/discouraged workers back to work full time.
Liberals seem to be experts on every topic so my suggestion to you is start your own business, pay your employees whatever you deem necessary and see how long you survive with that liberal ideology? By the way, why nine dollars an hour? Why not twenty? Do you have any idea how much nine dollars an hour generates in net income for a full time employee working forty hours a week? Figure it out and get back to me
If only they paid such tax rates. Effective tax rates kind of make your claim specious at best.
Do you understand that many people out of work REFUSE minimum wage jobs because those jobs don't pay well enough to live on? Do you realize that the states that pay more than the federal minimum wage pay very little more and don't solve the problem? I never said 9 dollars. Livable wage is about 16/hr. That's what it should be. I don't know what your questions are trying to prove. If anything answering those questions only helps my argument. So maybe you should make your point more clear so I can actually respond to it.
Do you understand that many people out of work REFUSE minimum wage jobs because those jobs don't pay well enough to live on? Do you realize that the states that pay more than the federal minimum wage pay very little more and don't solve the problem? I never said 9 dollars. Livable wage is about 16/hr. That's what it should be. I don't know what your questions are trying to prove. If anything answering those questions only helps my argument. So maybe you should make your point more clear so I can actually respond to it.
And to make my point clear about minimum wage is that minimum wage should offer a full time worker a wage that allows them to support theirself while still having an incentive to move up to do greater things. That's why it should be 16 and not a billion or whatever ridiculous number someone counters with.
What makes you an expert on why someone else doesn't take a job? That is your opinion and should be stated as an opinion. Further you believe it should be 16 per hour, why? why not 20 per hour or 30 per hour? You are such an expert so start your own business and pay those wages.
My point is that the market should establish wages and the govt. has no business telling private industry what to pay its workers. Govt. has nothing invested in the business and just sucks out a share in taxes without any of the risk. Obama fits well into that liberal ideology knowing nothing about how to run a business
He'll probably say, "inherit lots of money, it works for us. It's the GOP plan."
Do you understand that many people out of work REFUSE minimum wage jobs because those jobs don't pay well enough to live on? Do you realize that the states that pay more than the federal minimum wage pay very little more and don't solve the problem? I never said 9 dollars. Livable wage is about 16/hr. That's what it should be. I don't know what your questions are trying to prove. If anything answering those questions only helps my argument. So maybe you should make your point more clear so I can actually respond to it.
And to make my point clear about minimum wage is that minimum wage should offer a full time worker a wage that allows them to support theirself while still having an incentive to move up to do greater things. That's why it should be 16 and not a billion or whatever ridiculous number someone counters with.
Is your assertion that wage increases will keep up with food costs based on a presumption that those who are currently earning minimum wage, and thus recognize the increase, are the predominate consumers of restaurants? Does this sound logical?
Further consider that eating out is commonly a discretionary expense that often is eliminated once the cost gets prohibitive…
Do you ever say anything that is actually true? Reagan created 16.10 million jobs by putting it all on a credit card. Not quite 20 million. Clinton created 22.74 million jobs without creating such debt.
Which president had the biggest deficits ever when he left office. Hint, he dyed his hair a lot and thought trees polluted.