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Hoosierdaddy71
reply to post by tinfoilman
Then we get rid of food stamps, subsidized housing and all other handout welfare
Keep in mind I didn't design the system. I'm telling you how it is designed. I'm telling you MW is not what you think it is. I am not China. You have a problem with China, take it up with China. Don't ramble on about nonsense racist crap. I'm trying to show you how it really works.
What I am telling you is that inflation was built into the system on purpose. What I'm trying to get through to you is that in your head you have the misconception that minimum wage and inflation are bad or BROKEN because they make prices go up!
What you don't realize is that it was DESIGNED TO DO THAT! It is not broken. It just keeps the poorest employees in line with inflation. It's working perfectly. But the politicians and news media don't tell you how it really works because they're probably not smart enough to figure it out.
MyHappyDogShiner
reply to post by Hoosierdaddy71
I think that local and state sales taxes, along with federal sales taxes collected from municipalities and states must be considered when discussing inflation. It makes everyone involved in the "Skimfest" more money the higher prices are, and they aren't going to allow anyone to not pay that tiny percentage of taxes collected which goes to welfare programs and such, they just take the same tax (payment for services) and do whatever they want with it yet fail to provide serv ices they are paid for.
Ross Perot wanted to run the government like a business, which would have been a good thing, better at least than running it like a non-profit, or a church, like it seems to work similarly to regarding the amount of faith a lot of dummies have in it, and what a great big deep dark fkn secret a lot of it is.
Anyway....
greencmp
Considering how disconnected from reality most folks are around here, this post could rightly be considered an act of masochism. I have no illusions and fully expect to receive the unrestrained ire of the socialist sympathizers among us.
However, given that many of you will be delighted to shout down this frank assessment and will have nearly unlimited and unquestioning support, perhaps a mere handful of you might at least be given pause to consider the implications of this form of government interference that claims to deliver you from the pan of undercompensation only to deposit you into the fire of unemployment.
Oh boy, here we go... One last chance to change my mind... 'click'
Minimum Wage, Maximum Nonsense
Is the current national hoopla to “do something” about minimum wages another governmental mistake? Absolutely. Minimum wage laws lessen employment opportunities for workers (especially teens and low-skilled workers) and hurt some of the very individuals that they are allegedly designed to help…the working poor. Boosting the minimum wage substantially at the state or federal level would be a public policy mistake.
The law of demand operates in all markets including and especially labor markets. If I operate a lawn service or a car dealership or if I’m a large box retailer, any increase in the price (cost) of labor that is not accompanied by an increase in productivity, will decrease my incentive to hire or retain workers; with my income revenue relatively fixed, I simply must use fewer factors of production. In addition, I also have an incentive to substitute some (cheaper) non-labor resource in an attempt to maintain the overall productivity of the operation. Thus the monetary incentives associated with the income and substitution effects result in fewer workers hired or retained.
Minimum wage laws always decrease employment opportunities and always interfere with free choice and the freedom of contract. They are supported by politicians seeking votes and by labor unions anxious to cripple non-union, low cost competitors. They are also inherently discriminatory since they hurt only workers on the lowest rung of the employment ladder; workers making $30 an hour are not directly affected. And increasing the minimum wage provides no boost to overall “consumption” (as advocates maintain) since the workers displaced easily negate any (slight) income change for the workers retained.
edit on 27-9-2013 by greencmp because: (no reason given)
Hoosierdaddy71
reply to post by tinfoilman
What is obvious to me is that you are a typical liberal progressive. You have managed to call me a racist, a moron and state that I hate the poor. Calling me names because I don't agree with you.
Pejeu
Hoosierdaddy71
reply to post by tinfoilman
What is obvious to me is that you are a typical liberal progressive. You have managed to call me a racist, a moron and state that I hate the poor. Calling me names because I don't agree with you.
Just cause you get called nasty things doesn't mean they aren't true.
You right wingers all hate the poor. You try to lie about it, to deny it, to disguise it with euphemisms, metaphors hypocrisy and silliness.
But you know you do. And you know you love the rich.
Probably because you secretly hope to become one of the rich yourselves some day.
Do any of your right wing threads rail about the monetary system?
About how banking is legalised fraud/counterfeiting and should be abolished altogether (not just the Central Bank, you merry hypocrites, outlaw all banking, disband all banks, nationalise all bank assets, nullify all debt to banks, nationalise the right to issue money and stuff like that)?
Hell, no!
Do I hear you rail on about gas guzzlers, waste of resources and pollution, obscene waste of energy and resources like building artificial islands for the rich and what not?
Hell, no!
Do I hear you rail on about the need for more and better public transportation systems?
Hell, no!
But spend a few hundred bucks a week or month to feed help feed a needy person (who needs to be prove they are looking for work while on the program)?
The outrage!
Also, why are you so indignant about money being "wasted"?
Don't you understand that money doesn't magically disappear from existence after you spend it? And it doesn't magically appear into existence when you earn it.
I think even my dogs understand as much.
That I'm not dead and buried when they don't see me cause I'm gone to work or shopping.
Yet you right wingers somehow fail to realise that money doesn't get destroyed when you spend it or created when you earn it.
You also seem to find it exceedingly difficult to comprehend that banks issue trillions of dollars every year out of thin air just by lending it.
That's how you got your home loan. It was conjured up out of thin air thereby externalising the cost of lending that money to you to the whole of society through inflation.
Where the outrage there, huh?
So why the # do you care so bloody much if a couple hundred buck are spent to feed someone who would scarcely afford to eat otherwise?
That money doesn't get destroyed and it isn't coming out of your pocket. It might actually be going into your pocket if you work at the store people on SNAP buy food from.
Or if you work for the company that makes the food that gets bought by people on SNAP.
Or if you work for the company that ships the food to the store.
Or the company that provides accounting services to the store.
Do you give a rat's ass when billions and billions of dollars get conjured up out of thin air to further enrich the plutocracy?
Bankers and Wallstreet speculators and financiers?
HELL, NO!
Do you give a rat's ass when billions and billions of dollars get conjured up out of thin air to wage wars overseas?
HELL, NO!
Bunch of hypocrites.
Especially right wingers who fancy themselves Christians.
How can you stand yourselves?edit on 2013/9/29 by Pejeu because: (no reason given)edit on 2013/9/29 by Pejeu because: (no reason given)
OrphanApologyreply to post by greencmp
This is nonsense with misguided understanding of the current system I see quite often. In the current system people cannot survive without the stipulation of a minimum wage. This has nothing to do with free-markets as the current system is in no way a free-market system.
In an ideal land where the federal reserve, governments, and fiat money cease to exist...there is no need for a minimum wage because in that world people would have 100% control over their own personal unit of human capital. It's far more complicated than that example but to put it plainly: free-market principles cannot be applied to only one segment. It is all or none.
To take away minimum wage in the current system will do nothing but force people to break the law, which would have been a good thing if the federal reserve hadn't been invented which made us all slaves to the fiat petrodollar.
Again it's all or none. You cannot simply apply free-market theory to one segment of society without eliminating all laws and government. In a system that is essentially a cartel of businesses(regulatory agencies) and violence cartels(police/military) free market principles do not apply anymore.
Hoosierdaddy71
Many of you don't understand how business works. A business cant just throw money around willy nilly "thats a business term". Every company has to get a return on investments or it will cease to exist. They are mostly not run by evil suits but by small business owners such as myself that take all the risk and are only trying to make a living.
reply to post by Pejeu
A socialist, actually. But thank you for your concern.
I see you are at a loss for words as to a reply to what I've said so decided upon a classic ad hominem instead.
Good for you.
[/url]
ThecakeisalieWhy do you think so many jobs go overseas? no minimum wage laws. It's an outrage if someone in the states earns less than 10 an hour, but think of all those outsourced jobs where ten dollars is an annual salary.
greencmp
reply to post by Pejeu
A socialist, actually. But thank you for your concern.
I see you are at a loss for words as to a reply to what I've said so decided upon a classic ad hominem instead.
Good for you.
[/url]
Please allow me to clarify, it is not you that I disagree with, your ultimate ends seem a little adolescent but, are not overtly or obviously threatening in themselves. It is just that, in order to achieve those ends, that ideology cannot avoid becoming totalitarian.
I believe totalitarianism is BS and that it is the scourge of mankind and has been responsible for more human misery and death than any other state obedience enforcement regime of any ideology, utopian or not.
Sooner or later, progressive or national socialism, egalitarianism, collectivism, communism or any other 'planned' system devolves, demands or requires a mandatory inclusive totalitarian order.
What you are describing is a planned economy, an approach which is severely flawed, you do not have 'markets'. It is not that free markets have a better plan, we have no plan and are therefore, always more flexible and auto corrective. We waste the bear minimum of productivity.
In no cases throughout human history has a system been composed which achieves the goal you are describing. But, every case ends in loss of freedom and liberty, a descent into the maelstrom of hyper-authoritarianism and a final tremendous and abominable end.edit on 29-9-2013 by greencmp because: (no reason given)
Hoosierdaddy71
reply to post by Pejeu
Tell me something. What kind of Star Trek utopia do you live in?
Neither you or I can take care of everybody. People have to work things out for themselves.
Starting with a level playing field is about all we can do but we can't keep it level.
A rich guy can send his kid to a better school, you know darn well you would send yours to the best school you can. Does that make you a hypocrite? No! It makes you a good parent.
I plan on sending mine to college with no loans, if that makes me evil in your eyes so be it.
And it's funny you call right wingers rich hypocrites.
Name the leading liberal progressives.
Nancy pilosi.. Worth 35 million
Michael Moore.. Worth 50 million
Al gore... Worth 300 million
Tom cruise.. Worth 250 million
Sean penn... Worth 150 million
These are the people leading the charge for the poor man?
This discussion about the minimum wage has gone way off track!