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

  1. #301
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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by sawdust View Post
    No. You made the claim. Support it or ignore my question. Your choice.
    go back and read the thread. if you won't even make the effort to do that, then i don't much care what you think about anything.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Helix View Post
    false.
    I gave you the link and you and all the other libs in there refused to follow through.
    you only want fund it with other peoples money.

    highly subjective if you ask me.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Helix View Post
    but everyone should have debt free access to post secondary education.
    this is an opinion. personally people if they want a secondary education should have to work for it.
    working for something and accomplishing something shows personal initiative.

    people feel more self worth for something they had to work for than for something just given to them and paid for by someone else.
    heck you won't even pay for it so I don't see how you should expect other people to pay it.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by ludin View Post
    I gave you the link and you and all the other libs in there refused to follow through.
    you only want fund it with other peoples money.

    highly subjective if you ask me.
    this is getting boring. enjoy skipping the front end investment and paying long term on the back end.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Deuce View Post
    That's a lot of words there but none of them actually answer the question.

    Someone who isn't productive enough because Sawdust declares their labor is of lesser value than the cost to live. What happens to them?
    usually people that are not productive enough end up being fired. that is the way that it goes.

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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.
    Since you have anecdotal evidence, I do as well. I also went to a private school (in the Midwest) for my primary education, I transferred out of it and went into the public school system. I was over 3 months behind in the teaching curriculum going from private to public(Math, English, Science). That private school was 3 months slower in teaching the same principles as the public school was.

    So no, there is little difference in public/private schools depending upon where you are, and calling people stupid for going to a public school is a silly idea.
    "Love is a passion for life shared with another person."

    "How do you know the good memories from the bad, if you only have good ones."

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by imagep View Post
    At what age is someone mature enough to take on debt or to make their own financial decisions?
    No specific cutoff but neurological studies suggest 25 is roughly the age of full neural development specifically where long-term decisions and risk assessment are concerned. That's a full seven years later than many students are signing on to tens of thousands of dollars of debt.

    I'm not saying that you are wrong, but I am suggesting your are on the verge of getting into the nanny-state policy.
    It's not nanny state to deny credit where there's no evidence of creditworthiness. I can't get a loan for a car or house if the lender has no evidence of my ability to repay. That's not nanny state, it's logical and consistent with fair trading between creditors and debtors.

    Quote Originally Posted by Helix View Post
    they shouldn't have to go into debt in order to attend college.
    And all I'm saying is that they shouldn't even be able to in some cases. It's fair to neither the creditor nor the debtor in some cases.

    require completion of the degree as a condition.
    That ensures devaluation of the degrees. How do we keep our higher ed competitive with the rest of the world?

    as for keeping the cost down, subsidize the school.
    That doesn't keep the cost down, it just reassigns it, and in some cases subsidy can make cost problems worse.

    we waste money on many programs that are more idiotic than that.
    Worse idiocy fails to persuade me to accept not-worse idiocy.

    I would much sooner recommend taking every dollar you'd advise throwing at higher education and instead devote it to social, therapeutic and educational programming that will take young children out of the traumatic and unpredictable care of their irresponsible parents and into positive learning environments.
    Last edited by Neomalthusian; 05-25-15 at 12:58 PM.
    "The knowledge and prudence of the poor themselves, are absolutely the only means by which any general and permanent improvement in their condition can be effected." - Thomas Malthus

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Helix View Post
    this is getting boring. enjoy skipping the front end investment and paying long term on the back end.
    work instead of wanting other people to pay your way through life. it is what most people do. I get great joy for working for the things
    that I have. rather than someone just handing it to me.

    if people don't have the motivation to go to college while working for it they don't have the motivation if you and other like you pay for it.
    your opinion is your opinion.

    and your opinion on a great many things is :

    Other people should pay my way through life simply because they have money and they can. everything should be free and no one should have to pay
    for anything unless it is someone else.

    when challenged to start funding it yourself you refuse shows how baseless the ideology actually is.

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by Neomalthusian View Post
    And all I'm saying is that they shouldn't even be able to in some cases. It's fair to neither the creditor nor the debtor in some cases.



    That ensures devaluation of the degrees. How do we keep our higher ed competitive with the rest of the world?



    That doesn't keep the cost down, it just reassigns it, and in some cases subsidy can make cost problems worse.



    Worse idiocy fails to persuade me to accept not-worse idiocy.
    uneducated / untrained individuals cost society a lot of money long term. i'm arguing that we should remove the paywall and make the investment on the front end. there's really no downside.

    1-15.jpg

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    Re: Warren Buffett Don't raise the minimum wage

    Quote Originally Posted by ludin View Post
    work instead of wanting other people to pay your way through life. it is what most people do. I get great joy for working for the things
    that I have. rather than someone just handing it to me.

    if people don't have the motivation to go to college while working for it they don't have the motivation if you and other like you pay for it.
    your opinion is your opinion.

    and your opinion on a great many things is :

    Other people should pay my way through life simply because they have money and they can. everything should be free and no one should have to pay
    for anything unless it is someone else.

    when challenged to start funding it yourself you refuse shows how baseless the ideology actually is.
    i don't waste time on strawman fallacies.

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