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| 05:16 AM | ||
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| 05:16 AM | ||
America Needs a Raise: The Case for a Higher Minimum Wage | |
| smilesun Offer Upgrade  User ID: 31809645  Italy01/09/2013 03:17 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12680882  United States01/09/2013 03:19 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 31686426  Germany01/09/2013 03:21 PM Report Abusive Post Report Copyright Violation | |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 03:26 PM Report Abusive Post Report Copyright Violation | No it doesn't. Go fuck yourself OP Quoting: Anonymous Coward 12680882 What are you some kind of pinko-commie? Minimum wage kills JOBS. If they increase it, the unemployment rate will increase.  Low wages = slavery  VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| Anonymous Coward User ID: 31770957 United States01/09/2013 03:27 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12680882 United States01/09/2013 03:28 PM Report Abusive Post Report Copyright Violation | Higher minimum wages generate a tradeoff between higher wages for the employed and higher rates of unemployment. When minimum wages increase, many workers who earn less than the new higher minimum wage lose their jobs. Firms often decide that they can get by with fewer workers instead of paying higher wages. As one might expect, David Neumark of the University of California's Irvine campus and William Wascher of the Federal Reserve Board survey recent research on minimum wages and find that the least-skilled workers are hurt the most by minimum wages. Minimum wages are particularly damaging for the future prospects of young workers as they typically earn the low wages that are impacted by the change in the minimum wage law. [link to www.newsday.com] |
| Anonymous Coward User ID: 12680882 United States01/09/2013 03:33 PM Report Abusive Post Report Copyright Violation | |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 03:40 PM Report Abusive Post Report Copyright Violation | Hey OP what the fuck is it to you? Quoting: Anonymous Coward 12680882 You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. I live in America, Job in ITALY!!!!! VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 03:40 PM Report Abusive Post Report Copyright Violation | This should happen. Then the rest of the major employers will leave the USA and that will be it. Death. Quoting: Anonymous Coward 31770957 New York Gov. Andrew Cuomo is proposing raising the minimum wage to $8.75 an hour from the current $7.25. In his State of the State address Wednesday, the first-term Democratic governor says New Yorkers at the low end of the income ladder should earn more. The increase is supported by powerful Assembly Speaker Sheldon Silver, a Manhattan Democrat. Republicans who control the Senate prefer business tax breaks to spur the economy. A person earning minimum wage in New York makes $14,616 a year. Cuomo notes the minimum wage in 19 states, including neighbors in Connecticut, Vermont, and Massachusetts, is higher than New York. [link to online.wsj.com] VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| Anonymous Coward User ID: 12680882 United States01/09/2013 03:44 PM Report Abusive Post Report Copyright Violation | |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 03:58 PM Report Abusive Post Report Copyright Violation | Hey OP what the fuck is it to you? Quoting: Anonymous Coward 12680882 You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. I live in America, Job in ITALY!!!!! WOW That must be one helluva commute  Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| ||n||->0 User ID: 12680882 United States01/09/2013 04:02 PM Report Abusive Post Report Copyright Violation | Hey OP what the fuck is it to you? Quoting: Anonymous Coward 12680882 You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. I live in America, Job in ITALY!!!!! WOW That must be one helluva commute Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 04:12 PM Report Abusive Post Report Copyright Violation | Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| CeeLite User ID: 30870262 United States01/09/2013 04:13 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 12680882 United States01/09/2013 04:20 PM Report Abusive Post Report Copyright Violation | Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: meh...are you incapable of having a conversation withoutrelying on fallacious talking points? If the minimum wage rate is increased then the equilibrium (read: solution of the systems of linear equations that model the supply/demand relationship of labour) will change. Should the wage rate increase, demand for labour will decrease as firms have fixed costs and must make changes to their variable costs (labour is a variable cost). This indirectly varying relationship is what causes the unemployment rate to increase, or equivalently the employment rate to decrease. The notion that one could rely on additional stimulus from any increase in the minimum wage rate is also fallacious, as firms will need to reduce their labour expenditures (worker hours, number of workers, etc.) and thus eliminating any additional spending on the aggregate level. |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 04:28 PM Report Abusive Post Report Copyright Violation | ... Quoting: smilesun Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. meh...are you incapable of having a conversation withoutrelying on fallacious talking points? If the minimum wage rate is increased then the equilibrium (read: solution of the systems of linear equations that model the supply/demand relationship of labour) will change. Should the wage rate increase, demand for labour will decrease as firms have fixed costs and must make changes to their variable costs (labour is a variable cost). This indirectly varying relationship is what causes the unemployment rate to increase, or equivalently the employment rate to decrease. The notion that one could rely on additional stimulus from any increase in the minimum wage rate is also fallacious, as firms will need to reduce their labour expenditures (worker hours, number of workers, etc.) and thus eliminating any additional spending on the aggregate level. Study this is important in this situation: An increase a raise in the minimum wage money stock leads to a higher real money stock at each level of prices. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| Anonymous Coward User ID: 12680882 United States01/09/2013 04:30 PM Report Abusive Post Report Copyright Violation | ... Quoting: ||n||->0 12680882 you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: meh...are you incapable of having a conversation withoutrelying on fallacious talking points? If the minimum wage rate is increased then the equilibrium (read: solution of the systems of linear equations that model the supply/demand relationship of labour) will change. Should the wage rate increase, demand for labour will decrease as firms have fixed costs and must make changes to their variable costs (labour is a variable cost). This indirectly varying relationship is what causes the unemployment rate to increase, or equivalently the employment rate to decrease. The notion that one could rely on additional stimulus from any increase in the minimum wage rate is also fallacious, as firms will need to reduce their labour expenditures (worker hours, number of workers, etc.) and thus eliminating any additional spending on the aggregate level. Study this is important in this situation: An increase a raise in the minimum wage money stock leads to a higher real money stock at each level of prices. :Smiley: So you cannot intelligently respond/criticize/negate my post, and have now resorted to posting unfounded rubbish. Cool story bro |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 04:36 PM Report Abusive Post Report Copyright Violation | ... Quoting: smilesun Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. meh...are you incapable of having a conversation withoutrelying on fallacious talking points? If the minimum wage rate is increased then the equilibrium (read: solution of the systems of linear equations that model the supply/demand relationship of labour) will change. Should the wage rate increase, demand for labour will decrease as firms have fixed costs and must make changes to their variable costs (labour is a variable cost). This indirectly varying relationship is what causes the unemployment rate to increase, or equivalently the employment rate to decrease. The notion that one could rely on additional stimulus from any increase in the minimum wage rate is also fallacious, as firms will need to reduce their labour expenditures (worker hours, number of workers, etc.) and thus eliminating any additional spending on the aggregate level. Study this is important in this situation: An increase a raise in the minimum wage money stock leads to a higher real money stock at each level of prices. So you cannot intelligently respond/criticize/negate my post, and have now resorted to posting unfounded rubbish. Cool story bro Two decades of rigorous economic research have found that raising the minimum wage does not result in job loss. While the simplistic theoretical model of supply and demand suggests that raising wages reduces jobs, the way the labor market functions in the real world is more complex. Researchers have examined the scores of minimum wage increases that have occurred at the state and federal level and found that these raises have not cut jobs or slowed job growth. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| BRIEF User ID: 381742 United States01/09/2013 04:38 PM  Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked.  |
| Anonymous Coward User ID: 31769529  New Zealand01/09/2013 04:43 PM Report Abusive Post Report Copyright Violation | ... Quoting: smilesun Raising the minimum wage right now is more important than ever. Minimum wage increases stimulate the economy by increasing consumer spending, without adding to state and federal budget deficits. Consumer spending drives 70 percent of the economy, and increasing demand is key for jumpstarting production and re-hiring. A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: you're neglecting marginal changes and their impact on the AD-AS model. never underestimate the power of infinitesimals and the negative externalities that accompany said changes. you did not respond to your bogus claim of living in the us but working in a PIIGS nation. you're a bullshiter plain and simple Study this ... A raise in the minimum wage puts money into the pockets of low-income consumers, who immediately spend it at local businesses. :Smiley: meh...are you incapable of having a conversation withoutrelying on fallacious talking points? If the minimum wage rate is increased then the equilibrium (read: solution of the systems of linear equations that model the supply/demand relationship of labour) will change. Should the wage rate increase, demand for labour will decrease as firms have fixed costs and must make changes to their variable costs (labour is a variable cost). This indirectly varying relationship is what causes the unemployment rate to increase, or equivalently the employment rate to decrease. The notion that one could rely on additional stimulus from any increase in the minimum wage rate is also fallacious, as firms will need to reduce their labour expenditures (worker hours, number of workers, etc.) and thus eliminating any additional spending on the aggregate level. if you bothered to take Economics 101, OP, you would have learned this (above) Nicely explained AC  |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 04:47 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| BRIEF User ID: 381742 United States01/09/2013 04:48 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me But that's no fun :( I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
| Anonymous Coward User ID: 12680882 United States01/09/2013 04:51 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me :Smiley: In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article. where was your opinion OP? |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 04:59 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me But that's no fun :( Yes, this no fun .... for me Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| Anonymous Coward User ID: 31845560  Poland01/09/2013 05:00 PM Report Abusive Post Report Copyright Violation | An economy that relies overwhelmingly on consumer spending can't afford to watch vast numbers of hard working citizens experience ever diminishing purchasing power. Quoting: smilesun Almost four million Americans earn wages at or below the federal minimum wage of $7.25 an hour, or nearly $15,000 a year if they work full-time. That is approximately $8,000 shy of the poverty threshold for a family of four. And given that more than half of workers earning the minimum wage or less are 25 or older, it is clear that many of these workers are trying to support a family on these extremely low pay. Contrary to widely held perceptions, most minimum-wage jobs are not held by young people who get better jobs as they age. Raising the minimum wage by just 85 cents a year for three years, plus indexing it to inflation, would directly lead to higher wages for an estimated 20 million working Americans, with another 10 million likely receiving raises as employers' pay scales adjust. And more than one quarter of the nation's children would see a parent's earnings increase. Read all [link to www.theatlantic.com] We need a minimum wage increase like Italy needs frozen pasta. |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 05:02 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article. where was your opinion OP? My opinion? ask your friend ... Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| BRIEF User ID: 381742 United States01/09/2013 05:02 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me But that's no fun :( Yes, this no fun .... for me Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
| Anonymous Coward User ID: 12680882 United States01/09/2013 05:05 PM Report Abusive Post Report Copyright Violation | Ok, you tell me what the minimum wage should be, and I'll calculate how many people I have to lay off to pay the others more. Quoting: BRIEF My friend, If you do not agree with this article please contact the author not me :Smiley: In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article. where was your opinion OP? My opinion? ask your friend ... Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. :Smiley: and your answer was that you live in the usa but work in a piigs nation like my 'friend' said that must be one helluva a commute instead of acting like a cunt filled with sand because shit did not go your way man the fuck up and let your balls drop |
| smilesun (OP) User ID: 31809645 Italy01/09/2013 05:14 PM Report Abusive Post Report Copyright Violation | ... Quoting: smilesun My friend, If you do not agree with this article please contact the author not me But that's no fun :( Yes, this no fun .... for me Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. The Spartans were extremely proud of their country and their culture. When someone would threaten them or question their way of doing things, the answer was often would have been: "This is Sparta!" As in "This is Sparta, and this is how we roll, and we're d---d proud of it." VIRTUALBLOGNEWS [link to virtualblognews.altervista.org] |
| BRIEF User ID: 381742 United States01/09/2013 05:17 PM Report Abusive Post Report Copyright Violation | Yes, this no fun .... for me Anonymous Coward User ID: 12680882 United States 01/09/2013 15:33 Remove Post Add User to Personal Bans Report Abusive Post Report Copyright Violation Re: America Needs a Raise: The Case for a Higher Minimum Wage Hey OP what the fuck is it to you? You live in a PIIGS nation. Worry about the shit in your own bunga-bunga shithole. The Spartans were extremely proud of their country and their culture. When someone would threaten them or question their way of doing things, the answer was often would have been: "This is Sparta!" As in "This is Sparta, and this is how we roll, and we're d---d proud of it." Which is why they never had problems with Liberal idiots trying to raise the minimum wage... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
| Anonymous Coward User ID: 18421408 United States01/09/2013 05:18 PM Report Abusive Post Report Copyright Violation | |
