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Thread: Dems seek to rally base over GOP's block of minimum wage bill

  1. #101
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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by Top Cat View Post
    I didn't claim a connection. I simply stated that many on the right claimed when MW was raised unemployment would rise, it didn't.
    But, as I pointed out previously, it did... It probably even had something to do with the increase of the MW:

    Here is an article claiming that the increase in WA of the MW was good, and even they indicate that UE went up afterwards

    Minimum Wage In Washington: After 16 Years, State With Highest Minimum Wage Maintains Lower Unemployment Than National, Regional Averages.

    These numbers suggest an initial unemployment shock between 2000 and 2003, followed by a gradual reduction.
    The line chart above suggests that Washington indeed saw an increase in unemployment at a faster rate than the national and regional averages in the first years after the 1999 wage mandate; but then there was a leveling-off and a steep decline in joblessness from 2004 to 2007.
    Last edited by buck; 05-01-14 at 05:22 PM.

  2. #102
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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by JRSaindo View Post
    Because its a perpetual cycle that never ends. Ever since the dollar went off the gold standard we had this problem of dealing with inflation, wages, and cost of living increases. What need is there for wages and prices to keep going up? Society doesn't benefit from this (as you stated purchasing power is less today than 40-50 years ago), so who does? The banks. Wages decline as inflation builds and the bankers/financiers are the only ones who benefit. Plain and simple. The eroding value of the dollar is the problem, not minimum wage.

    Raising the minimum wage will cause either A) cost of product/service increases to make up for lost profit, or B) layoffs will increase. So you want to make more while also paying more, leaving the net gain near zero? That is efficient? I don't follow the logic.

    Minimum wage is a joke, the FED is a joke, and society is a joke. I'm just waiting for the reset. Hope it happens in my lifetime.

    You made a small bit of sense until that last line, then any credibility seemed to fly out the window.
    One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors.- Plato

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    Re: How $10.10 an hour could get votes in November

    I hope the Dems do run on it. Lord knows they can't run on the current economy so they have to invent some "crisis"

    Bottom line is Dems rant how the working "poor" live paycheck to paycheck so employers must pay them more

    If the employers are forced to pay more, then the working "poor" will then live welfare check to welfare check
    Government's first duty is to protect the people, not run their lives

    Ronald Reagan

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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by Top Cat View Post
    Wow, so you liken Obama to a communist? Honestly, the chicken little mentality is, if nothing else, tiring. Haters gotta hate...
    No, not at all. Just mentioned an elementary economic fact. In most cases fiddling the prices reduces welfare. The more central to allocation that price is, the more risk you run, the more damage you do.

  5. #105
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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by ocean515 View Post
    LOL

    With that answer, it's clear you don't understand how a business operates, and what it takes to cover costs. Kind of symbolic of the havoc Prog/Libs have subjected business to with their agenda.
    You're telling me that a dollar in costs takes more than a dollar to cover.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

  6. #106
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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by Erod View Post
    "And, and, and.....if we made a law where everyone made a million an hour, we could all be........millionaires!!"

    First-grade economic thinking attracts first-grade economic voters.
    No. First-grade thinking is taking any idea and extrapolating to ridiculous extremes, and then attacking that.

    Conservatives attack increasing the minimum wage... so maybe they think we shouldn't have wages at all! Conservatives love slavery!!!!
    Last edited by Deuce; 05-01-14 at 08:09 PM.
    He touched her over her bra and underpants, she says, and guided her hand to touch him over his underwear
    Quote Originally Posted by Lutherf View Post
    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by vasuderatorrent View Post
    If investors get 0.0% return on their investment the answer is 318,395 employees at $7.25 an hour or 228,550 employees at $10.10 an hour. Investors usually want to receive 12% on their investment.

    If the value of all outstanding stock at the beginning of the year was $45,900,000,000 or less then it would cover 0 employees.

    You have to remember rich people are greedy, filthy, disgusting and horrible people. They won't invest in a company at all unless they will receive a profit. Sometimes you have to consider the reality of the world.

    With that in mind: What was the value of all outstanding stock at the beginning of the year for McDonalds?

    Big numbers have the potential to empower liars to make misleading statements. Answer the question or stop with the lies.
    I could care less about how much the stockholders make and it is not determined only by profit either. Employee salaries as a % of operating costs have been steadily declining for 35 years. How long will workers take less and less while companies make more and more?



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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by iguanaman View Post
    I could care less about how much the stockholders make
    I noticed that. Carry on with your nonsensical lies. Just beware. Some people know that you are deliberately using big numbers to tell lies.

    or you could answer the question:

    What was the value of all outstanding stock at the beginning of the year for McDonalds?

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    Re: How $10.10 an hour could get votes in November

    Quote Originally Posted by iguanaman View Post
    I could care less about how much the stockholders make and it is not determined only by profit either.
    January 1, 2013 Net worth of Mcdonalds = $15,293,600,000
    December 31, 2013 Net worth of Mcdonalds = $16,009,700,000

    Dividends paid in 2013 = $3,114,600,000

    You are right. The profits for Mcdonalds in 2013 was around 25%.

  10. #110
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    Re: How $10.10 an hour could get votes in November

    Amazing how those who never ran a business, met a payroll, or had to deal with the mountain of regulations facing a business - can sit back and dictate who much an employer has to pay their employees

    With the GDP at .1% liberals think adding to the cost of doing business is a good thing and will add jobs to the damn near stillborn Obama economy?
    Government's first duty is to protect the people, not run their lives

    Ronald Reagan

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