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Thread: Warren Buffett: $15 minimum wage will hurt the working class

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by TheDemSocialist View Post
    So then I will ask, what is your point? Students drop out of school..... So?
    I already told you.

    So, where do we cut that line of thought off? Privatize all school? Why do you seem to want to cut it off at college? Or are you one who thinks we shouldnt have public education period?
    Schools should be controlled and funded locally. No federal money, no federal interference, get rid of the Department of Education. Schools will improve when people actually have skin in the game.

    Not to butt in here, but you doing something and someone else making a different proposal to your experience is not a valid point.....
    Why not? Youre sitting here defending public, federal run schools that took over the best school system in the industrialized world and turned it into the 30th ranked school system in the industrialized world after literally spending trillions of dollars. I went to a school that got ZERO federal funding and was taken care of locally and I thrived while the school profited. Win win.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    I already told you.
    No you havent


    Schools should be controlled and funded locally. No federal money, no federal interference, get rid of the Department of Education. Schools will improve when people actually have skin in the game.
    Yea. That would go over great, especially in a state like mine, KS.


    Why not? Youre sitting here defending public, federal run schools that took over the best school system in the industrialized world and turned it into the 30th ranked school system in the industrialized world after literally spending trillions of dollars. I went to a school that got ZERO federal funding and was taken care of locally and I thrived while the school profited. Win win.
    Oh really.
    Yea! It was the big bad goooverments fault! You really want to stick to this talking point?
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by ludin View Post
    The left loves to post Warren Buffett and parrot what he says as the way things should be done.
    https://fortune.com/2015/05/22/warre...-minimum-wage/

    well he just came out and made the same statement that other people have already acknowledged.
    a $15 minimum wage will hurt middle income families.

    His idea is to expand the EIC.
    So all of a sudden he has cred with you because he finally says one thing you agree with?

    So which is it?
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    Schools will improve when people actually have skin in the game.

    .

    It's odd that you think most people don't.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by poweRob View Post
    Stupid poor people. They suck huh?
    Its not their fault...its the governments fault for not giving them better choices...or just getting the hell out of the way. Most societal problems can be traced back to the federal government...a federal government that you support the expansion of.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by ludin View Post
    The left loves to post Warren Buffett and parrot what he says as the way things should be done.
    https://fortune.com/2015/05/22/warre...-minimum-wage/

    well he just came out and made the same statement that other people have already acknowledged.
    a $15 minimum wage will hurt middle income families.

    His idea is to expand the EIC.
    Here Buffet is correct. So is Paul Ryan, who has called not only for expanding the EIC, but for making it payable as part of a monthly stipend, so that you are increasing low-income Americans monthly take-home pay with it, vice simply providing them with a once-a-year lump-sum.
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    Its not their fault...its the governments fault for not giving them better choices...or just getting the hell out of the way. Most societal problems can be traced back to the federal government...a federal government that you support the expansion of.
    Both parties support the expansion of federal government. Until Americans quit calling themselves smart and actually act smart, we can expect the status quo of an ever expanding government!

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Fletch View Post
    No, it would cause a disruption all the way up the chain. For example, what happens to the guy earning $14.95? Does he get a nickel raise, leaving him on par with the entry level hamburger flipper despite his skill and experience? Is that how liberals define 'fairness?' Or is that guy making $14.95 gonna expect a raise on par with the rise in the minimum, taking him to $21.95? And if every employer basically has to give every employee a $7 per hour raise, what will that do to employment and prices?
    Just so it's clear, 1.6 million workers earn the minimum wage (another 2 million servers and bartenders earn less due to tip share).

    Now with that said, do you know how many do not earn MW? Don't worry, ill wait.
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by ludin View Post
    The left loves to post Warren Buffett and parrot what he says as the way things should be done.
    https://fortune.com/2015/05/22/warre...-minimum-wage/

    well he just came out and made the same statement that other people have already acknowledged.
    a $15 minimum wage will hurt middle income families.

    His idea is to expand the EIC.
    The guy is a liberal, so what would you expect? He want's to increase welfare instead of increasing peoples incentive to work.

    And apparently he desires low paying employers to continue to have their workers subsidized by government. Maybe he owns stock in McDonalds, I dunno.
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    I went to private school. They actually make you think as opposed to memorize BS so you pass some standardized test. Rich people go to schools to learn how to think, poor people go to schools to learn how to memorize.
    Um, yeah, about that thinking part.....if you went to a private school, how would you know the curriculum of any (all) public schools?
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