American Wages, the Minimum Wage and Income Brackets

Discussion in 'Economics & Trade' started by Kari Sims, Mar 25, 2019.

  1. LafayetteBis

    LafayetteBis Well-Known Member Donor

    Joined:
    Oct 24, 2016
    Messages:
    5,179
    Likes Received:
    764
    Trophy Points:
    113
    Gender:
    Male
    But one that stabilizes. There is no reason to fear a recession just because the US has a MW for 14% of its families ...
     
  2. LafayetteBis

    LafayetteBis Well-Known Member Donor

    Joined:
    Oct 24, 2016
    Messages:
    5,179
    Likes Received:
    764
    Trophy Points:
    113
    Gender:
    Male
    So did I, but so what?

    The distribution of income is a matter for the entire population and your experience is just one drop in a verrrryyy larrrrrge bucket.

    It offers fairness of outcomes where there are none. The US economy is one of "winner takes all" ...
     
  3. yasureoktoo

    yasureoktoo Banned

    Joined:
    Apr 27, 2018
    Messages:
    8,322
    Likes Received:
    1,889
    Trophy Points:
    113
    Dude, that statement is meaningless.
    You don't know what company, and what the money goes to.
    To say it's good enough is --------.
     
  4. Ddyad

    Ddyad Greeter Staff Member

    Joined:
    Nov 17, 2015
    Messages:
    28,386
    Likes Received:
    9,092
    Trophy Points:
    113
    We should all care about jobs that remain undone because unskilled labor is idled by the minimum wage. The people who really need unskilled workers are small business owners and the skilled workforce that would hire unskilled workers if they could afford them. Big Business thrives under the minimum wage laws.
     
  5. yasureoktoo

    yasureoktoo Banned

    Joined:
    Apr 27, 2018
    Messages:
    8,322
    Likes Received:
    1,889
    Trophy Points:
    113
    You have stuff made in China, by children and political prisoners, and we just suck it up, because what cost us 10 dollars to make, they can do for 50 cents.
    Look at the Farming industry, we looked the other way when Mexican migrants came in to work the fields for cheap.
    They took the money back home where it was worth 12 times as much.
    We could put Americans in the orchards if you are willing to pay 10 dollars for an apple or tomato.
     
  6. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    In our first world economy? we get what we pay for under capitalism.
     
  7. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    it is why the left is for raising the minimum wage to fifteen an hour.
     
  8. yasureoktoo

    yasureoktoo Banned

    Joined:
    Apr 27, 2018
    Messages:
    8,322
    Likes Received:
    1,889
    Trophy Points:
    113
    If I am selling two different identical widigets.
    One I had made in America for 18.95
    and one I made in China for 2.20

    I can price them accordingly.

    which one do you think you will buy.
     
    Ddyad likes this.
  9. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    i am advocating for excising their Labor to parity with ours. no corporation should be able to leave for merely cheap Labor in our first world economy.
     
  10. yasureoktoo

    yasureoktoo Banned

    Joined:
    Apr 27, 2018
    Messages:
    8,322
    Likes Received:
    1,889
    Trophy Points:
    113
    I agree, that computer you are on, should cost $12,000 bucks.
     
  11. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    i have no idea how you got those numbers.

    firms leaving for merely cheap Labor should require their CEO to be paid in the local currency of that local, less developed economy at par.
     
    Last edited: Apr 14, 2019
  12. yasureoktoo

    yasureoktoo Banned

    Joined:
    Apr 27, 2018
    Messages:
    8,322
    Likes Received:
    1,889
    Trophy Points:
    113
    You are in a fantasy world.
     
  13. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    socialism is about equality.
     
  14. LafayetteBis

    LafayetteBis Well-Known Member Donor

    Joined:
    Oct 24, 2016
    Messages:
    5,179
    Likes Received:
    764
    Trophy Points:
    113
    Gender:
    Male
    I know where corporate funding happens in an economy. (And, no, I wont be giving you that particular link.)

    I also know how well or not it works, and why. (Out of a great many years of corporate experience in product/services development.)

    You don't! And that makes all the difference in a Debate Forum ... !
     
  15. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    the right wing prefers to "blame the Poor".
     
  16. Ddyad

    Ddyad Greeter Staff Member

    Joined:
    Nov 17, 2015
    Messages:
    28,386
    Likes Received:
    9,092
    Trophy Points:
    113
    Will only hurt small businesses and individuals who need unskilled workers. Skilled workers do not need minimum wage laws.
    Unskilled workers need government subsidies. The minimum wage just idles them.
     
  17. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    just whinery? why blame the Poor. Business gets to Expense the Cost of Labor; the more Labor Costs, the more you get to Expense.
     
  18. Kari Sims

    Kari Sims New Member

    Joined:
    Mar 14, 2019
    Messages:
    26
    Likes Received:
    6
    Trophy Points:
    3
    Gender:
    Female
    Revise the system.
     
    Ddyad likes this.
  19. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    full employment of resources in any given sector, but especially sectors in human capital, promote the general welfare the most.

    solving simple poverty can increase market participation to more, full employment of capital resources, levels.
     
    Last edited: Apr 15, 2019
  20. LafayetteBis

    LafayetteBis Well-Known Member Donor

    Joined:
    Oct 24, 2016
    Messages:
    5,179
    Likes Received:
    764
    Trophy Points:
    113
    Gender:
    Male
    Bollocks!

    It is evident that you know nothing regarding this matter. I have given enough proof in this thread showing how debilitating is the MW at present. It barely pays for decent accomodation.

    Go away ...
     
  21. Ddyad

    Ddyad Greeter Staff Member

    Joined:
    Nov 17, 2015
    Messages:
    28,386
    Likes Received:
    9,092
    Trophy Points:
    113
    Then get rid of the MW in favor of subsidies for unskilled workers.
    Just do the math and fix the problem instead of making it worse by idling millions workers.
     
  22. Ddyad

    Ddyad Greeter Staff Member

    Joined:
    Nov 17, 2015
    Messages:
    28,386
    Likes Received:
    9,092
    Trophy Points:
    113
    I double dog dare you to paste up anything from my posts blaming the poor. ;-)

    The poor are idled by Bad Government policies and law. The poor are, as always, the victims of a corrupt ruling elite.
     
  23. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    a fifteen dollar an hour minimum wage is a simple cost of living adjustment.
     
  24. Robert

    Robert Well-Known Member Donor

    Joined:
    Aug 16, 2014
    Messages:
    46,705
    Likes Received:
    9,498
    Trophy Points:
    113
    Gender:
    Male
    Is that what you pay them?
     
  25. danielpalos

    danielpalos Well-Known Member

    Joined:
    Dec 24, 2009
    Messages:
    42,027
    Likes Received:
    391
    Trophy Points:
    83
    Gender:
    Male
    i will, once i can afford to hire Labor.
     

Share This Page