American Wages, the Minimum Wage and Income Brackets

Yes, that's better than nothing. But, still, if it is not free-schooling those who need it most wont go.

Make it free, more will go and when they have decent jobs they will likely stay out of prison thus reducing crime-rates.

It's a win-win situation. They win better incomes, the American public wins lower crime-rates ...

Some encouraging info from another site (here):

I maintain nonetheless that America must borrow a damn-good idea from Europe where all postsecondary education is funded by the national governments. (I once asked my dentist how much his dental degree cost and he told me 1200€ a year for four years.)

 

It's a lot better than nothing.

LOLOL
A trade put me through my life, traveled the country, and had work everywhere I went, married, 2 grown kids, 2 homes in Bellevue Wa.
Comfortably retired.

 

You did not read the infographic above showing that only a third of those who have graduated from high-school go on to obtain a university degree. What is not shown above (unfortunately) is the percentage going on to some sort of occupational training.

 

First MAKE SENSE in what you say, and then you might find more people quoting more of your statement.

Rubbish commentary is rubbish commentary. Period ...

 

Just because you cant understand it doesnt mean it doesnt make sense.

A simple emboldening of the parts you need clarified and a request for further explanation or rewording would remedy the problem far better than deleting and ignoring it.

 

What would encentivize them to better manage capital that they cannot profit further from (once they reach the cap)?

Seems to me they would be more likely to mismanage once they hit their cap, since they're already maximizing their profit and they dont benefit from further refining.

 

Blah, blah, blah ...

 

Yes I know. That is why wages are higher, or should be higher in Cities like New York, Chicago, and mist large cities in California where the cist to live there is so high.

Here in Houston, the housing prices and gas prices are much lower and the Professional fees are also. Along with no State Income Tax.
Lowest hourly wage here is $10.00 as far as I know. Many lawn businesses that likely pay no income taxes.

 

Times were good.

Before the Great Recession life was not that difficult. But, real-estate loan practices made for a bubble that finally burst.

Lo and behold, the banksters were lending money to all comers and when the crunch finally came. What happened? The Great Recession is explained thuswise (from here):

If read carefully, the above, one understands that the fault was global in nature, and therefore "uncontrolled". Which means what?

Nonetheless, the factor that most contributed to the financial disaster was the "lax lending standards" - particularly in the US.

Given the above context, it can and likely will happen again because the elements involved cross national boundaries and are thus "uncontrollable" by any central governance body since there is no such entity ...

 

depends on the maximum wage; according to some historical anecdotal accounts, the private sector doesn't really know what to do with easy money policies.

 

Minimum wage laws are pro-Big Business and anti-labor.
The minimum wage is an instrument of political corruption and should be abolished in a free society.

 

Reclamation is one area blue States should be pioneering. Plastics can be recycled or repurposed. Blue States should learn how to make money on public policies that also benefit our environment.

Advancing technologies in those sectors could provide practical solutions to "mining our oceans for reclaimables." And, by analogy, help learn about the practical concerns about mining asteroids, for example.

Taking the initiative in this area can help with any "asteroids that could potentially be mined while on an Earth-bound trajectory, and safely disposed of before it gets here."

 

what are 'easy money policies'?

 

If

Buy low...Sell high.

 

Quantitatively Easy policies.

 

Because that would be like correcting a bicycle's inefficiencies by jamming a stick into the spokes.

See: Venezuela

 

nothing but anecdotes? capitalism "died in 1929" and socialism has been bailing us out, ever since. it is like Palmolive, we are soaking in it.

 

End the Fed?

 

You see, you have 20 apples and 4 people. 2 people have 1 apple each. 1 person has 4 apples. 1 person has 14 apples.

Okay, you want those 2 people with one apple to have 3 each, so that's 6 out of 20 total apples. You want the 1 person who has 4 apples to have 7 out of a total of 20 apples. You want the 1 person who has 14 apples to have 17 out of a total of 20 apples.

So, 6+7+17=30 which is not equal to a total of 20 apples. Okay, so you say let's grow more? Well, then you end up with 40 apples, so those 20 you started with are worth half of what they were, because there are double the apples and more folks can have one.

See, the value is in the scarcity of money. If you print more, you end up with less.

Unless that 1 person who has 14 apples because he grew them on his farm, kept insects and animals away from them and harvested at the right time wants to give some of his away with no compensation for his efforts, there is no way to come up with more apples with the same value as the first 20.

 

Stone-age thinking!

Raise the MW to $15 an hour, and watch the economy avoid its next recession (coming soon!) because it will boost Consumption.

It will also boost present wages at $15 an hour to compensate.

(Your BigMac will cost 5 cents more ...)

 

Nonsense. The minimum wage has been very regressive and anti-labor.

 

better capital solutions at lower capital cost.

 

higher paid labor pays more in taxes and creates more in demand.

 

And makes a more expensive product.

 

ask the Richest to donate more to charity.