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Thread: Minimum Wage Laws Boosting Wages

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    Capitalism has a natural rate of unemployment; it is natural for Capitalism to be that inefficient.

    And, the law is employment at the will of either party not just one for any benefits administered by a State agency.

    Any work requirement is extra-legal and must be abolished. Equal protection of the laws requires it.
    That is simply nonsense - UI is temporary (typically limited to 26 weeks), based on work prior history and generally (with exceptions for fixed layoff periods) requires actively seeking employment. You constantly repeat the same thing based on nothing but your wish to be paid to endlessly loaf.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by ttwtt78640 View Post
    That is simply nonsense - UI is temporary (typically limited to 26 weeks), based on work prior history and generally (with exceptions for fixed layoff periods) requires actively seeking employment. You constantly repeat the same thing based on nothing but your wish to be paid to endlessly loaf.
    (Keeping mum)

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by ttwtt78640 View Post
    That is simply nonsense - UI is temporary (typically limited to 26 weeks), based on work prior history and generally (with exceptions for fixed layoff periods) requires actively seeking employment. You constantly repeat the same thing based on nothing but your wish to be paid to endlessly loaf.
    There is no for-cause requirement in any at-will employment State or you could simply show us the express statute that claims it. Only illegals don't care about the law. There is a religious technical term for those who don't care about the law and blame the Poor.

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    Educator TheEconomist's Avatar
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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by I'm Supposn View Post
    To attribute those differences to human genetics or national origins, is certainly racists.
    Although there might be cases where biological factors are important determinant of human behavior, I do not think there is any reason to invoke biology to make sense of the differences between Europe and Africa. It's not as racist as it is stupid.

    There is something about enforcing individual rights, the rule of law and free and fair elections that seem to be helpful. I know it might be a shock to some people, but when a corrupted politician or a militia can confiscate the fruits of your labor, your capacity and your will to build a life for yourself and to contribute to the life of your community are severely impaired. People build things when they get to enjoy them. But that is not the story of many African countries, now is it?


    Europe is Europe because it chanced upon a very useful set of ideas.
    All people who oppose free speech are trying to sell you snake oil. There is absolutely no exception to this rule.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by NWRatCon View Post
    The paradigm( welfare) works in many circumstances and has many economic sponsors. Whether it would work on a larger scale, or nationally, is yet to be determined.
    We can be sure that the more welfare a person gets the lazier he will be and the less he gets the more he will work and feel good about himself. Would you say that giving kids on extra 20 point on their tests would make them study harder?? See why the say liberalism is based in ignorance?

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by TheEconomist View Post
    when a corrupted politician or a militia can confiscate the fruits of your labor, your capacity and your will to build a life for yourself and to contribute to the life of your community are severely impaired.
    what about when liberal fools like Sanders/Warren do it?????????

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    I am saying we can solve for capitalism's natural rate of unemployment in a market friendly manner via existing legal and physical infrastructure in our Republic. It can solve simple poverty on an at-will basis in our at-will employment States and improve our economy at the same time.
    And exactly how will that work?

    I did live below the poverty level for most of the time I was in college. Not so much anymore. Rich by no means, but comfortable.

    "capitalism's natural rate of unemployment" may or may not be what you understand it to be. Some people, myself included when younger, chose to live in poverty in order that I might get an education. My choice.

    Others may chose to do so to be a "starving artist" or pursue that acting career. There are also problems rising for those with mental disabilities, disorders or addictions that prevent them from enjoying the opportunities that are presented.

    Bernie's dual promises of gifting a perpetual living wage to all and providing a free education is a recipe for a permanent educated underclass always in college and never graduating. Gives new meaning to "Underclassmen".

    Capitalism existing within a well regulated free economy is a great way to spread the wealth. Before the rise of our current system, there was great wealth and great poverty and nothing between.

    Now, in today's America and in most "free market" economies, there is a great "between" comprised of most of us.

    Right now, today, you can earn $100 K managing a Taco Bell or $90 K driving a truck for Walmart. Neither job is a sweet gig of ease and prestige, but it certainly gives the cash to live well.
    Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery. -Winston Churchill

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by code1211 View Post
    And exactly how will that work?

    I did live below the poverty level for most of the time I was in college. Not so much anymore. Rich by no means, but comfortable.

    "capitalism's natural rate of unemployment" may or may not be what you understand it to be. Some people, myself included when younger, chose to live in poverty in order that I might get an education. My choice.

    Others may chose to do so to be a "starving artist" or pursue that acting career. There are also problems rising for those with mental disabilities, disorders or addictions that prevent them from enjoying the opportunities that are presented.

    Bernie's dual promises of gifting a perpetual living wage to all and providing a free education is a recipe for a permanent educated underclass always in college and never graduating. Gives new meaning to "Underclassmen".

    Capitalism existing within a well regulated free economy is a great way to spread the wealth. Before the rise of our current system, there was great wealth and great poverty and nothing between.

    Now, in today's America and in most "free market" economies, there is a great "between" comprised of most of us.

    Right now, today, you can earn $100 K managing a Taco Bell or $90 K driving a truck for Walmart. Neither job is a sweet gig of ease and prestige, but it certainly gives the cash to live well.
    Through equality and equal protection of the law. The legal and physical infrastructure already exists in our Republic. All that may be required, is faithful execution of our own laws.

    And, you miss the point about capitalism's natural rate of unemployment. Full employment for capitalism is merely a convenience not a verifiable fact. Under the equality of socialism, full employment of resources must equal one hundred percent or be accounted for economically not merely denied and disparaged by the right wing for, not being worth it under Capitalism.

    We should have no homeless problem in our first world economy.

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    Educator TheEconomist's Avatar
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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by James972 View Post
    what about when liberal fools like Sanders/Warren do it?????????
    The effects heavily depends on what exactly is being done. But, sure, if they impose massive taxes on income, consumption and even wealth, that would likely cripple prosperity in the country.
    All people who oppose free speech are trying to sell you snake oil. There is absolutely no exception to this rule.

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    Re: Minimum Wage Laws Boosting Wages

    Quote Originally Posted by danielpalos View Post
    Under the equality of socialism, full employment of resources must equal one hundred percent or be accounted for economically not merely denied and disparaged by the right wing for, not being worth it under Capitalism.
    The only equality you can get out of socialism is equal misery. Utopian visionaries left nothing behind them but the absolute worst catastrophies in human history: The USSR, China, Vietnam, North Korea, Cambodia... How many more millions of bodies you need humankind to pile up before you realize there is a damn problem with trying to flatten out the distribution of economic outcomes?

    Quote Originally Posted by danielpalos View Post
    Through equality and equal protection of the law.
    The equality mentionned in the Declaration of Independence is not the equality of outcomes. It is the equality of rights, the equality of all before the laws. You don't have a right to request others to labor for you, but you have a right to expect that the same laws that apply to you also applies to the government. That's equality.

    Quote Originally Posted by danielpalos View Post
    We should have no homeless problem in our first world economy.
    Alright, how about we start with you.

    You have a home: so, you probably have 3 or 4 rooms and use only one of them to sleep. How about we all agree to force you to take in 4 or 5 homeless people, to provide them with covers, a shower and to clean their clothes. All for free -- it's on your paycheck.
    All people who oppose free speech are trying to sell you snake oil. There is absolutely no exception to this rule.

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