Page 18 of 45 FirstFirst ... 8161718192028 ... LastLast
Results 171 to 180 of 441

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

  1. #171
    Curmudgeon

    LowDown's Avatar
    Join Date
    Jul 2012
    Location
    Houston
    Last Seen
    Today @ 07:19 PM
    Gender
    Lean
    Libertarian
    Posts
    10,482
    Blog Entries
    10

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by imagep View Post
    That's better than not having ample edu-crat jobs!!! Look at what the alternative would be - no jobs because employment is too expensive plus no edu-crat jobs.
    Meh. The education bubble is set to burst, anyway. It will take a lifetime for the current generation of graduates to pay off their student loans, if they ever do, and the edu-crats will be competing with them for jobs at McDonald's.

    "The urge to save humanity is almost always a false front for the urge to rule." --HL Mencken

  2. #172
    Professor WSUwarrior's Avatar
    Join Date
    May 2015
    Last Seen
    03-21-16 @ 02:34 PM
    Lean
    Very Liberal
    Posts
    1,864

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

    Quote Originally Posted by Deuce View Post
    The idea that lower corporate taxes would increase wages is absolutely comical.
    Why? Less money to pay out to the government, more money to invest into the company. Why WOULDNT wages rise?

    Im waiting for your socialist self to explain to me how RAISING taxes and having the highest corporate tax in the world in a benefit to the average worker. Ill watch some paint dry while you desperately search for an answer.

  3. #173
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    01-20-17 @ 12:39 PM
    Gender
    Lean
    Independent
    Posts
    23,083

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    I dont DEMAND anyone does anything. That is what YOU are doing. YOU are DEMANDING that employers MUST pay more money out.

    Its always funny when PROGS start up the hypocrisy train. CHOO CHOO

    The only thing I believe in is that the people who put in the most effort and do the best job get rewarded by getting paid the most. PROGS dont believe in that because they pretend the world is fair. They think burger flippers should have a 2 story house with a picket fence, and the CEO should have the same....even though one has a GED and one has an MBA.

    More effort = more results
    Less effort = less results

    Its not that hard to understand. I worked harder at improving my life than people who think McDonalds line cooking is a career. Salting fries is equal to running an international company in the mind of the socialist progressive.
    You are attacking the wrong people.

    You should be attacking the people on this thread who claim to be conservatives or libertarians, who are also supporting an increase in means tested welfare.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  4. #174
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    Today @ 07:22 PM
    Gender
    Lean
    Liberal
    Posts
    20,324

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

    Quote Originally Posted by WSUwarrior View Post
    Want higher wages...eliminate the corporate tax. Stop take, take, taking from businesses all the time and PRETENDING that is good for anything.
    I believe that for large non-S corps, taxes are paid on profits, so if a corp wanted lower taxes, they could, and I know this sounds cra-cra, raise their wages.
    Quote Originally Posted by Drumpf
    "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."
    Quote Originally Posted by Conservative View Post
    Wrong anyone employed is counted in the u3
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  5. #175
    Outer space potato man

    Join Date
    Feb 2010
    Last Seen
    Today @ 07:21 PM
    Gender
    Lean
    Undisclosed
    Posts
    46,946

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by WSUwarrior View Post
    I dont DEMAND anyone does anything. That is what YOU are doing. YOU are DEMANDING that employers MUST pay more money out.

    Its always funny when PROGS start up the hypocrisy train. CHOO CHOO

    The only thing I believe in is that the people who put in the most effort and do the best job get rewarded by getting paid the most. PROGS dont believe in that because they pretend the world is fair. They think burger flippers should have a 2 story house with a picket fence, and the CEO should have the same....even though one has a GED and one has an MBA.

    More effort = more results
    Less effort = less results

    Its not that hard to understand. I worked harder at improving my life than people who think McDonalds line cooking is a career. Salting fries is equal to running an international company in the mind of the socialist progressive.
    I don't think a CEO is the same as salting fries, no. I also don't think there's any danger of that happening.
    Quote Originally Posted by calamity View Post
    Well, certainly the customer is not an N-word.
    Quote Originally Posted by apdst View Post
    You know her?

  6. #176
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    01-20-17 @ 12:39 PM
    Gender
    Lean
    Independent
    Posts
    23,083

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by LowDown View Post
    Meh. The education bubble is set to burst, anyway. It will take a lifetime for the current generation of graduates to pay off their student loans, if they ever do, and the edu-crats will be competing with them for jobs at McDonald's.
    It took me 25 years to pay off my student loans.

    And my first job out of college, was at McDonalds.

    So you prediction is pretty darned accurate in my case. And that hasn't been a bad thing, I am better off than 99% of the people in the world.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  7. #177
    Professor WSUwarrior's Avatar
    Join Date
    May 2015
    Last Seen
    03-21-16 @ 02:34 PM
    Lean
    Very Liberal
    Posts
    1,864

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by imagep View Post
    You are attacking the wrong people.

    You should be attacking the people on this thread who claim to be conservatives or libertarians, who are also supporting an increase in means tested welfare.
    I could be wrong but I think you are putting words in peoples mouths.

  8. #178
    Sage
    Gimmesometruth's Avatar
    Join Date
    Feb 2012
    Location
    US Southwest
    Last Seen
    Today @ 07:22 PM
    Gender
    Lean
    Liberal
    Posts
    20,324

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

    Quote Originally Posted by WSUwarrior View Post
    Why? Less money to pay out to the government, more money to invest into the company. Why WOULDNT wages rise?
    In the words of Cpwill, what would be the forcing mechanism for corps to increase wages, why would they cut profits and raise wages? Would not shareholders scream for not maximizing profits?

    Im waiting for your socialist self to explain to me how RAISING taxes and having the highest corporate tax in the world in a benefit to the average worker. Ill watch some paint dry while you desperately search for an answer.
    Well, your brethren understand, approve, of redistribution. If more taxes are collected (which they of course want from upper middle earners via the "fair tax", but that is an aside) they can be put into EITC.

    Oh, by the way, we are middling when it comes to EFFECTIVE corp taxes......the more you know!
    Quote Originally Posted by Drumpf
    "I could stand in the middle of 5th Avenue and shoot somebody and I wouldn't lose voters."
    Quote Originally Posted by Conservative View Post
    Wrong anyone employed is counted in the u3
    Quote Originally Posted by Bodhisattva View Post
    He didn't say it didn't make sense. He said it is complete nonsense.

  9. #179
    Villiage Idiot
    imagep's Avatar
    Join Date
    May 2010
    Location
    Upstate SC
    Last Seen
    01-20-17 @ 12:39 PM
    Gender
    Lean
    Independent
    Posts
    23,083

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Deuce View Post
    I don't think a CEO is the same as salting fries, no. I also don't think there's any danger of that happening.
    Many CEOs look forward to going to work. In a way, they work all the time. It's what they enjoy doing.

    Being a CEO for a large company typically pays millions of dollars. Most people could retire if they had a net worth of just a few millions dollars (maybe five million to retire quite comfortably). If the job of corporate CEO was so horrible, then most CEOs would retire after just a year or two or three, because they could afford to retire. But they don't, most CEOs remain CEOs until they are old folks, which indicates to me that they ENJOY their jobs.

    I don't know that many fry cooks actually enjoy being a fry cook that they would keep being a fry cook if they had a net worth of millions of dollars.

    Thus I being a fry cook, is a job that is less desirable than being a CEO, regardless of the income level.

    The next step in logic is to conclude that fry cooks are significantly underpaid, and CEOs are overpaid.

    But we don't really like logic do we? Political rhetoric is much better than logical thinking.
    Quote Originally Posted by ocean515 View Post
    ...I'm not interested in debating someone who is trolling for an argument....
    Quote Originally Posted by Papa bull View Post
    I see a big problem with the idea that whatever the majority wants is OK.

  10. #180
    Sage

    Join Date
    May 2009
    Location
    USA
    Last Seen
    Today @ 06:15 PM
    Gender
    Lean
    Conservative
    Posts
    9,608

    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by imagep View Post
    So you are saying that in order to have fewer people in the labor force (lower lfpr) we should provide more welfare? It doesn't seem to me that many conservatives would advocate for that position. They are attacking Obama left and right for the declining lfpr (even though it was declining long before he took office).

    Maybe your not really a conservative, maybe you are an independent. Independents are allowed to think for themselves and don't have to subscribe to any standard political rhetoric positions

    I'm also thinking that if I agree with what you are saying, I would probably be a big supporter of the "BIG" (Basic Income Guarantee) which has been discussed a lot on DP recently.
    If you increase welfare, labor supply wil decrease. simply if someone can make the equivalent og 15 dollars on welfare... There is little incentive to take a 20 dollar an hour job. As labor supply decreases, the hourly wage would increase. Or... Welfare to an employe is not subsidy to the employer.

Page 18 of 45 FirstFirst ... 8161718192028 ... LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •