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

It's an emotional game for the left. Propose something asinine economically or intellectually that you can spin as cruel, or mean spirited then sit back and rake in the low IQ and overly emotional twerp votes. It's sad, but it works. Lot's of dumb, emotional fools out there fall for this crap then wonder why their poor.

Ah yes, conservative compassion. I am feeling it.
 
Re: How $10.10 an hour could get votes in November

LOL So you are assuming that employees do nothing to make a business function and that companies employ workers purely out of the goodness of their hearts. When wages go up they run out of goodness and lay people off. What a bunch of hooey.
At the very least... more money for employees means less profit margins...This may benefit employees temporarily, BUT the economy and businesses will just adjust by raising prices. The purchasing power of the employees in the end will be the same except you created a temporary instability in lot of small businesses.... businesses on edge will tip over and go under. The companies will always win in the end... they set the prices. Demand will always be demand and the price will always meet it.

This may cause a price increase in certain goods and a decrease in price of others. A decrease in price of products that don't require a lot of employees on average and an increase in price of products that do require more employees on average. But in the end we all pay the same and have the same amount of money value...the game rules may change a little, but the end result is the same.

minimum wage can also decrease the value of the dollar for the same reasons above. It WILL all level out in the end, just a matter of where, how, and to what degree is variable.
 
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Re: How $10.10 an hour could get votes in November

I didn't say it caused unemployment to go down. But all the naysayers were sure it would immediately increase unemployment. The opposite happened. So you tell me, what happened?

Did the Census Bureau do the unemployment analysis?
 
Re: How $10.10 an hour could get votes in November

Wow, so you liken Obama to a communist? Honestly, the chicken little mentality is, if nothing else, tiring. Haters gotta hate...
What would YOU liken his politics to?
 
Re: How $10.10 an hour could get votes in November

How would increasing the minimum wage reduce unemployment?

It works like this.

When the companies have to lay people off because the minimum rate is so high, they go on unemployment and get counted as "unemployed"

After 99 weeks under the Obama administration they are cut off...thus no longer counted as "unemployed"

That's how they've done it so far.

I love the headline...."rally the Democratic base..."

With many of Obama's numbers below 30%, far worse than Bush, rallying a few phone booth loads of people is sure going to help.

Here they are, arrogantly clinging to a thin majority, having called opponents "traitors, jihadists, enemies, and terrorists" having used the nuclear option, this is NOT about minimum wage - these pukes never even read the ACA - it is about payback. Like the lickspittle that hang on hoodlums and rap stars, they fear their sun has faded, are guilty for the way they have bullied, beaten, clinging to a thin majority and terrified of what happens when, not if, the "terrorists" take charge.

Payback is a bitch, and that nuke option is going to make Obama's life a living hell.

The arrogant, the proud, the bullies have always been brought down in American culture, and usually in real life as well.
 
Ah yes, conservative compassion. I am feeling it.

Exactly what I'm talking about, TC, you are it.

You think it's a lack of "compassion"? Or are you TOLD to think that? Doesn't matter, either way so dead wrong are you. We believe people are better then min wage, you seem to imply that's all they'll achieve in life.
 
Re: How $10.10 an hour could get votes in November

If you think the executives are going to take the brunt of a minimum wage hike, you've been living on a different planet than I have.

Its the only really truly squeezable place.... it will likely come out of bonuses.
 
Re: How $10.10 an hour could get votes in November

Nonsense. We have the highest minimum wage in America here in WA, And since it went up, unemployment has decreased.

The right wing myth has been exposed.

You could, with this statement, unwittingly be supporting the argument of some that social welfare programs are so generous that they provide some with a disincentive to work. By raising the minimum wage, presumable without increasing social welfare supports, you make work more beneficial than not working. The same effect could be generated simply by lowering social welfare benefits so that current minimum wage levels outpace the benefits to sitting at home.
 
Re: How $10.10 an hour could get votes in November

Its the only really truly squeezable place.... it will likely come out of bonuses.

Nonsense. Profit = Sales - Cost of sales. Any added cost of sales (whether wages or taxes) is not "absorbed" by reducing other cost of sales items; it is passed on to the customer by price increases for the goods/services to keep profits stable.
 
Re: How $10.10 an hour could get votes in November

Interesting how sure people here are, or go so far as to say "anyone who knows economics knows it will increase unemployment!" Yet, apparently those who actually do aren't even sure if it will or won't:
Poll Results | IGM Forum

38 economist were pretty split on if it will or won't, yet people are much smarter then them and know for sure.

As for it only being democrats for a minimum wage raise, once again also wrong. 58% of Republicans supported raising the minimum wage:
Most Americans for Raising Minimum Wage

Finally, though a blog article, brings up some good ways the increase of minimum wage may be covered besides just cutting jobs. Of the ones they mentioned having some data to back up, it was delaying wage increases for higher paid workers, raising prices (not 1 for 1 though), or becoming more efficient.
Economists disagree on whether the minimum wage kills jobs. Why?
 
Re: How $10.10 an hour could get votes in November

Dear there are all ready background checks. That support crumbles when tge true goal of your idea is told. But by all means, go run with it lol

No there aren't. There are many loopholes to exploit. Mentally ill teabagger jared lougher managed to get a gun with ease. If they did a simple background check a massacre would have been prevented.
 
Re: How $10.10 an hour could get votes in November

No there aren't. There are many loopholes to exploit. Mentally ill teabagger jared lougher managed to get a gun with ease. If they did a simple background check a massacre would have been prevented.


Okay, that you try to smear the Tea Party by associating this lunatic as being part of, or in support of shows how dishonest a person you are. NO ONE should take you seriously moving forward. Seriously.


Are there ways we can improve the system? Certainly, but that improvement has to be measured and intelligent, you cannot infringe on my rights because some fool did something however tragic. Idiots kill more people with cars doing stupid things every day then lunatics do so with guns, but you don't care about that do you?
 
Re: How $10.10 an hour could get votes in November

Okay, that you try to smear the Tea Party by associating this lunatic as being part of, or in support of shows how dishonest a person you are. NO ONE should take you seriously moving forward. Seriously.


Are there ways we can improve the system? Certainly, but that improvement has to be measured and intelligent, you cannot infringe on my rights because some fool did something however tragic. Idiots kill more people with cars doing stupid things every day then lunatics do so with guns, but you don't care about that do you?

Apples to oranges comparison.
 
Re: How $10.10 an hour could get votes in November

Apples to oranges comparison.
Not really.

You're all kinds of concerned about the very RARE instance of some lunatic opening fire on people.

More lunatics drive cars then shoot people. Those same folks you want "background checks" for, also drive cars. On the road with you right now.
 
Re: How $10.10 an hour could get votes in November

Looks like conservatives will bring up cars every time gun control is brought up. Just like they bring up bestiality and pedophilia every time gay marriage issue comes up. Very pathetic.
 
Re: How $10.10 an hour could get votes in November

You predict that 28% of people earning minimum wage would lose their job

Nope. I didn't make that prediction.

Deuce said:
nobody can predict the impact.

I was describing the logic behind the argument. I never gave any predictions or opinions.

Deuce said:
Here's a news flash: we've raised the minimum wage before and that's now how it goes.

Raising the minimum wage usually happens after wages have already exceeded minimum wage. It's feel good legislation that really doesn't change anything.

In 2005 very few people were making $5.15 an hour. Most entry level jobs were starting at $6.50. There are very few people making $7.25 an hour today. Most entry level jobs start at $8.00.

I have to give credit to the Libertarian Party for raising awareness on the subject of minimum wage. Very few people fall for this type of political tactic. The increase of minimum wage is just political theatre. The public can see through it now because of efforts of the Libertarian Party. Back in 2001 a Libertarian explained to be me the Libertarian Party's position on minimum wage. It changed the way that I see it and inspired me to pay more attention to the subject.
 
Re: How $10.10 an hour could get votes in November

LOL So you are assuming that employees do nothing to make a business function and that companies employ workers purely out of the goodness of their hearts. When wages go up they run out of goodness and lay people off. What a bunch of hooey.

Nope. I was explaining the logic used when people claim that minimum wage will increase unemployment. I wasn't assuming jack squat. Did you read this comment in the thread?

vasuderatorrent said:
Don't get pissed at me though. This is just the logic with a simplistic example.

You probably didn't.
 
Re: How $10.10 an hour could get votes in November

I don't understand why the minimum wage shouldn't rise. Prices have.
Consider that in the early 60s the minimum wage was set at 1 dollar, which had the purchasing power of 15 of today's dollars. So people are actually making less money now than 50 years ago.
The Real Minimum Wage Falls Every Year

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

How would increasing the minimum wage reduce unemployment?

There's a lot of research coming out that frictions in low wage labor markets create a non-competitive environment. They tend to operate with characteristics you would see in a monopsony.

The causes for higher levels of frictions are generally associated with massive transportation problems for low wage workers and information on job openings in low wage labor. Low wage employers tend to use informal methods to find new employee's like through word of mouth.
 
Re: How $10.10 an hour could get votes in November

Nonsense. We have the highest minimum wage in America here in WA, And since it went up, unemployment has decreased.

The right wing myth has been exposed.

Check the U-6 unemployment rate, that is the one that should be of concern, not the padded U-3 rate. That is what is referred to when people drop out of the labor force due to lack of work for so long.
 
Re: How $10.10 an hour could get votes in November

Wait, you mean one political party is trying to get their base motivated for the election? I am shocked, I tell you.
 
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