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Thread: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

  1. #131
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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by HenryChinaski View Post
    More money in the working man's pocket means he'll spend more at Wal-Mart. More money going back into the economy means happier businesses.
    Employers will not increase their payroll budget to accommodate the new minimum wage, they will cut employees. Therefor, the net added cash to the economy is zero.
    Give a man a fish and he eats for a day. Teach a man to fish and he stops voting for the Free Fish party.

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by jmotivator View Post
    Employers will not increase their payroll budget to accommodate the new minimum wage, they will cut employees. Therefor, the net added cash to the economy is zero.
    Heya JM .....I know some people who own small businesses. They have stated that if they raised the minimum wage. They would have to cut workers. They themselves would have to work more hours too. Which they are in the service industry and its not like they have a lot of money when most of it is involved with their dream. Like they said.....their just middleclass struggling like others.

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Mycroft View Post
    Well, yes...I am.



    You are welcome.



    When all you do is state your opinion...and when others dispute your opinion and present facts that show your opinion is in error...then it is incumbent upon you to present facts that support your opinion. You haven't done so. I'm not taunting you. I'm only asking you to support your opinions.



    Whining doesn't become you.

    I've demanded nothing from you...except that you back up your opinions.
    I'm the ONLY person in this thread that has backed up my statements with research and I've done it several times. Other than the CBO that was originally posted and your irrelevant link from 1946 that I already addressed you guys have demonstrated nothing.

    Your posts don't have any connection to reality...

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Gipper View Post
    Thank you for this little gem.
    Ok so I screwed up my definitions, you got me.

    What I mean by unskilled workers is everything below careers like lawyers, doctors, high level information technology jobs, etc. things you have to go to college for and make a relatively large amount of money doing.

    The reason I call everything below that "unskilled" is because the pay has dropped to the point where they are in the same boat. People who have possibly even extensive skills in labor jobs aren't really making much money anymore. Hence the "middle class" is becoming the poverty class and I call this whole shebang "unskilled".

    This is part of the two tier society that is emerging in the U.S. There are the top 20%, the haves, and the bottom 80% is sweeping up everyone in a big poverty class of Americans. People who used to be middle class are evaporating into the lower class.

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Verax View Post
    I'm the ONLY person in this thread that has backed up my statements with research and I've done it several times. Other than the CBO that was originally posted and your irrelevant link from 1946 that I already addressed you guys have demonstrated nothing.

    Your posts don't have any connection to reality...
    Your "back up" have been nothing more than a slew of links to pdf's and a couple of articles full of pages of text. You haven't referenced any particular part of any of those pdf's or articles to back up your statements. That means that your "back up" is useless.
    TANSTAAFL

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Mycroft View Post
    Your "back up" have been nothing more than a slew of links to pdf's and a couple of articles full of pages of text. You haven't referenced any particular part of any of those pdf's or articles to back up your statements. That means that your "back up" is useless.
    You've taken the baton from DA60, as soon as I qualify your demands you will slink off into the shadows or change the subject like you've already done several times.

    Why don't YOU make an argument or at least engage in what I've already said?

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Verax View Post
    You've taken the baton from DA60, as soon as I qualify your demands you will slink off into the shadows or change the subject like you've already done several times.

    Why don't YOU make an argument or at least engage in what I've already said?
    Since you haven't done more than make statements and haven't provided anything as a basis for those statements...as asked by myself and others...I don't see how you can know what will happen if you ever do so.

    In any case, I already have made an argument that raising the minimum wage is government price fixing and that it is bad economic policy...and provided information to back up my argument. Your response, so far, has been to make statements, with no back up information, and a tendency to make up your own definition of the terms you use in your statements (which I've corrected by providing dictionary definitions).
    TANSTAAFL

    “An armed society is a polite society.”
    ― Robert A. Heinlein, Beyond This Horizon

  8. #138
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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Verax View Post
    I'm not going to research common knowledge for you. Type into google "U.S. employment by sector" and take a look around. Take a look at what kind of jobs make up the service sector. Look at how much those jobs typically pay.
    So with that definition, the largest service sector employers are state & local governments and healthcare/financial professionals? They typically don't pay anywhere near minimum wage.

    I fail to see how your graphic aids your argument.

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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by Verax View Post
    Ok so I screwed up my definitions, you got me.

    What I mean by unskilled workers is everything below careers like lawyers, doctors, high level information technology jobs, etc. things you have to go to college for and make a relatively large amount of money doing.

    The reason I call everything below that "unskilled" is because the pay has dropped to the point where they are in the same boat. People who have possibly even extensive skills in labor jobs aren't really making much money anymore. Hence the "middle class" is becoming the poverty class and I call this whole shebang "unskilled".

    This is part of the two tier society that is emerging in the U.S. There are the top 20%, the haves, and the bottom 80% is sweeping up everyone in a big poverty class of Americans. People who used to be middle class are evaporating into the lower class.
    this is wrong you simply can't make up your own definition to fit your opinion. unskilled labor refers specifically to people or jobs that do not take college degrees to do.
    IE you can work there with a high school diploma. the skill of the job does not take special training.

    you are not correct the middle class is not becoming the poverty class.
    “Disappearing middle class” actually moving up: a fact check on mass media - Fort Collins Republican | Examiner.com

    there are many other reports out there that show this.

    Some Surprising, Happy News About the Middle Class - US News

    Yes, the middle class has been disappearing, but they haven’t fallen into the lower class, they’ve risen into the upper class | AEIdeas

    also you cannot compare walmart to costco. walmart has about 3 times the stores and more than double the employee's. they require all items be stocked on shelves and have double or more the skew numbers that costco has.

    it is just another dishonest argument by the left to compare walmart to costco but it doesn't stop them from doing it.
    if costco tried to do the same as walmart you would see their pay decrease as well.

  10. #140
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    Re: CBO Says Minimum-Wage Rise May Ease Poverty, Cost Jobs

    Quote Originally Posted by jmotivator View Post
    Employers will not increase their payroll budget to accommodate the new minimum wage, they will cut employees. Therefor, the net added cash to the economy is zero.
    That might be the initial gut response however the pendulum would ease in and it would be business as usual. Has there been mass layoffs and chaos and in the streets every time that the Fed MW has been increased? I can't recall.
    Give a man a fish and he can eat for a day. Teach a man to fish and he can sit in a boat, drinking beer all day while you fool around with his Woman.

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