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Thread: Obama will not extend Bush tax cuts to wealthy

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Vader View Post

    2. If people like you were required to pay a living wage rather than the 3rd world nonse you currently offer, welfare wouldn't be needed.
    people should pay what the job is worth. no where in the constitution are you promised a living wage. You don't like making minimum wage? learn how to do more than ask "do you want fries with that?"

    I don't get why many liberals always harp on the "living wage" angle. You should be paid what the service you provide is worth to your employer. want to get paid more? be worth more.

    Isn't that why you are going to college right now? to make yourself more valuable to an employer?
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    people should pay what the job is worth. no where in the constitution are you promised a living wage. You don't like making minimum wage? learn how to do more than ask "do you want fries with that?"

    I don't get why many liberals always harp on the "living wage" angle. You should be paid what the service you provide is worth to your employer. want to get paid more? be worth more.

    Isn't that why you are going to college right now? to make yourself more valuable to an employer?
    What's a job worth? To who? Isn't in more a negotiation of how much I will pay and how much you will do it for, and worth has less to do with than other factors?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    What's a job worth? To who? Isn't in more a negotiation of how much I will pay and how much you will do it for, and worth has less to do with than other factors?
    what the job is worth to the employer. If you don't want to work for what they are offering you are free to go work somewhere else. I am sure there is an illegal alien who would be more than happy to take your place.

    Why do you think a Big Mac cost's $3 bucks these days? the price of beef hasn't gone thru the roof. they don't have to pay $2 a pop for buns. hell they don't even have to pay for those styrofoam containers anymore. A big mac costs $3 because mickey D is forced to pay some brain dead loser $7.25 to stand behind a counter and ask you if you want to biggee size it.
    Last edited by OscarB63; 09-17-10 at 01:34 PM.
    The best argument against democracy is a five-minute conversation with the average voter.

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  4. #234
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Boo Radley View Post
    What's a job worth? To who? Isn't in more a negotiation of how much I will pay and how much you will do it for, and worth has less to do with than other factors?
    Above where the worker thinks he will be compensated adequately and below the total value that the worker adds to the company. So basically, where both sides benefit.

    Who shall ascend the hill of the Lord? And who shall stand in his holy place? He who has clean hands and a pure heart, who does not lift up his soul to what is false, and does not swear deceitfully. Psalm 24
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    Above where the worker thinks he will be compensated adequately and below the total value that the worker adds to the company. So basically, where both sides benefit.
    and who benefits the most when a company has to pay someone $7.25 an hour to sweep floors or empty trash cans?
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    and who benefits the most when a company has to pay someone $7.25 an hour to sweep floors or empty trash cans?
    the unions do because union wage scales are usually based on a multiplier combined with the minimum wage. That is why its the unions that push the most for MW hikes not the slacker working at McD's



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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by Vader View Post

    2. If people like you were required to pay a living wage rather than the 3rd world nonse you currently offer, welfare wouldn't be needed.
    You do realize that if there was a "living wage" all that would happen is prices would go up accordingly right? Take San Antonio Texas and New York City.

    Why is it everything in NYC is so expensive, and in SA it's so much cheaper yet wages in NYC are so much higher?

    Hmmm?


    Think these things through young one, don't just react on emotion.
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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by phattonez View Post
    Above where the worker thinks he will be compensated adequately and below the total value that the worker adds to the company. So basically, where both sides benefit.
    That's how it works best, agreed. But factors can favor one over the other, often. But worth has very little to do with it.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    what the job is worth to the employer. If you don't want to work for what they are offering you are free to go work somewhere else. I am sure there is an illegal alien who would be more than happy to take your place.

    Why do you think a Big Mac cost's $3 bucks these days? the price of beef hasn't gone thru the roof. they don't have to pay $2 a pop for buns. hell they don't even have to pay for those styrofoam containers anymore. A big mac costs $3 because mickey D is forced to pay some brain dead loser $7.25 to stand behind a counter and ask you if you want to biggee size it.
    Free go elsewhere? Doesn't that depend on other factors as well? Is it really that simple?

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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    Re: Obama will not extend Bush tax cuts to wealthy

    Quote Originally Posted by OscarB63 View Post
    and who benefits the most when a company has to pay someone $7.25 an hour to sweep floors or empty trash cans?
    Well, everyone benefits. The person making the $7.50 puts generates more economic activity than the person making $5.00 per hour. The increase in economic activity eventually ends up with more folk able to buy those burgers and creates a better quality of life for everyone, even the McD's owner who has to shell out more for their employees. Just taking the narrow view of a single transaction, is not the way to analyze the impact of a minimum wage.

    Besides, the negotiation between empolyeer and employee is not a balanced negotiation, especially for unskilled labor. Frankly, I have someone come into my home one a week to do cleaning and they sweep floors and take out the garbage. It cost me a lot more that $7.50 per hour to have them do this.

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