Do you honestly think that raise in Min Wage will come from the Waltons' -- Hoodafan 02/04/2016 1:23PMInsert a Link
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Do you honestly think that raise in Min Wage will come from the Waltons' -- Hoodafan 02/04/2016 1:23PM Does any of the following matter to you? -- fishhoo 02/04/2016 12:55PM Great post, fish. Right up until you ruined it w/ that snarky remark -- WaxHoo 02/04/2016 3:15PM A call to avoid exploiting class envy is snarky? Fishhoo is one of the most -- Hoo05Dave 02/04/2016 4:35PM I appreciate it but I'd ask you what you find so -- fishhoo 02/04/2016 4:32PM Think how much the Walton's will make without paying cashiers -- 757 02/04/2016 12:36PM Like pointing out how many cars the car dealer's family has ** -- HokieDan95 02/04/2016 12:01PM It boils down to whom one believe is responsible for providing for an -- Hokie5150 02/04/2016 11:41AM I don't know if people realize how broadly popular (and unifying of the -- southdenverhoo 02/04/2016 11:15AM I believe the word you are looking for is populist. There are many more -- Hoodafan 02/04/2016 1:28PM Except there is little to no evidence that GOP theory actually comes true -- 111Balz 02/04/2016 1:42PM Both consumer spending and minimum wage tend to rise with basic inflation -- MaizeAndBlueWahoo 02/04/2016 3:24PM Except it hasn't - see link. Nor is there an example of -- 111Balz 02/05/2016 07:33AM I didn't say it was directly tied to inflation -- MaizeAndBlueWahoo 02/05/2016 12:21PM You said it tended to go up WITH inflation, and the problem is, it does NOT -- 111Balz 02/05/2016 12:59PM Keep on believing only what you want to hear. Why bother listening to -- Hoodafan 02/04/2016 1:49PM I am of course talking about general behavior within an economy, as -- 111Balz 02/04/2016 2:15PM What happens to demand when you raise the price of goods? Does it go up or -- Hokie5150 02/04/2016 2:57PM That's where that word elastic comes in. Is the increase -- 111Balz 02/04/2016 8:48PM You were speaking of "general behavior within an economy", though. -- Hokie5150 02/05/2016 07:06AM I just answered you. What part of that do you not understand -- 111Balz 02/05/2016 07:37AM We're talking about the doubling of labor costs...and the good in question -- Hokie5150 02/05/2016 12:00PM I don't know. Can they pass along the increase to their customers -- 111Balz 02/05/2016 12:56PM Historical data doesn't show increases in unemployment among teens -- Hokie5150 02/05/2016 1:08PM Okay, so why don't you research that question and tell me -- 111Balz 02/05/2016 1:15PM 3% permanent priced out the job market...no biggie. -- Hokie5150 02/05/2016 1:27PM Well you are not even trying to understand -- 111Balz 02/05/2016 1:40PM Re: Well you are not even trying to understand ** -- dmt3y 04/08/2016 01:07AM Re: Well you are not even trying to understand ** -- dmt3y 04/08/2016 01:11AM Accusing others of not even trying to understand! #Priceless! You -- Hoodafan 02/05/2016 2:19PM And you should stop pretending running a store makes you an authority on -- WahooRQ 02/05/2016 4:11PM You are such a child ** -- 111Balz 02/05/2016 2:24PM No you're selectively ignoring facts and basic common sense. ** -- Hoodafan 02/04/2016 2:18PM When you show basic common sense you can criticize someone -- 111Balz 02/04/2016 2:26PM I and others have given you those facts countless times. Including in this -- Hoodafan 02/04/2016 2:56PM What facts? LOL -- 111Balz 02/04/2016 8:35PM OK Champ. Keep deluding yourself. Ignorance is a choice. ** -- Hoodafan 02/04/2016 9:11PM Most of the posters here miss that because they're past that issue in life ** -- bob1314 02/04/2016 11:26AM What a silly and disingenuous post. ** -- Hoodafan 02/04/2016 1:31PM Except that it happens to be true. ** -- icehokie 02/05/2016 08:48AM Quite an assumption -- fishhoo 02/04/2016 11:39AM I also dont know how many people have given thought to how many of -- TpkeHoo 02/04/2016 11:25AM My theory: Nope. That has already happened to the extent that current -- southdenverhoo 02/04/2016 12:31PM The unemployment rate can be very deceptive, since it only -- Doug 02/04/2016 1:02PM That seems to largely be because of aging demographics. ** -- KCHoo 02/04/2016 3:03PM That's at least part of it, but it would be interesting the see -- Doug 02/04/2016 4:40PM Maybe. At$15/hr or 30k/yr, there are lots of cashiers in the retail sector -- TpkeHoo 02/04/2016 12:42PM So while I think we're talking about the critical question, policy-wise, my -- southdenverhoo 02/04/2016 12:51PM Why wouldnt they be in the Bern's camp? Thats the political part I dont -- TpkeHoo 02/04/2016 1:32PM I don't know; I expected more movement in SC than there has been, based on -- southdenverhoo 02/04/2016 1:47PM It is indeed a powerful political issue for those that don't understand -- Hokie5150 02/04/2016 1:28PM Hardly anyone has really been impacted by past raises in minimum wage -- KCHoo 02/04/2016 12:38PM Exactly. Talk about jump-starting automation and unemployment -- 757 02/04/2016 12:05PM Not to mention the downstream issues the result from teen -- Hokie5150 02/04/2016 12:41PM If demand is elastic. I believe at this point it is relatively inelastic. -- southdenverhoo 02/04/2016 12:46PM I wonder why Hillary Rodham doesnt speak too much about Wal-Mart? -- Wahoo Ron 02/04/2016 10:54AM ....but they were flat broke when they left The White House ** -- Tuckahokie 02/04/2016 11:26AM Not counting the $190,000 worth of china, flatware, rugs, televisions, -- Wahoo Ron 02/04/2016 12:35PM I think you and I do also. ** -- KCHoo 02/04/2016 10:47AM Anyone in the black has more "wealth" than a substantial share of Amiercans -- WahooRQ 02/04/2016 10:53AM To have a neagtive net worth one muct owe more than what one has -- 111Balz 02/04/2016 11:26AM Thats entirely different than more wealth than a huge block *combined* ** -- bob1314 02/04/2016 10:58AM Sure but combined negatives is still less than zero. -- WahooRQ 02/04/2016 11:15AM You have more wealth than 25% of Americans combined. -- ryno hoo 02/04/2016 10:47AM Also, nobody's talking about giving up anything-raise the minimum wage -- bob1314 02/04/2016 11:03AM Unfortunately it's not as simple as prices going up. It makes it -- BocaHoo91 02/04/2016 1:02PM Well 1) look at who is actually chasing those jobs -- 111Balz 02/04/2016 2:30PM I believe the demand for fast food and dining in general is -- BocaHoo91 02/04/2016 5:57PM That incentive is already there. labor is about 25% of -- 111Balz 02/04/2016 8:42PM People will brown bag their lunch instead of going out for lunch if -- BocaHoo91 02/04/2016 9:13PM Sel checkout is cheaper at almost any wage level -- 111Balz 02/05/2016 09:45AM It's a 25% increase! You don't think that's substantial? -- BocaHoo91 02/05/2016 11:49AM Because it it's not a 25% increase in price, at least not necessarily -- 111Balz 02/05/2016 1:05PM That's part of it, but it's more than self checkout. You replace deli -- Hoodafan 02/04/2016 10:03PM You better believe the demand for fast food is elastic -- MaizeAndBlueWahoo 02/04/2016 3:22PM Given the miniscule amount of people that make minimum wage currently -- KCHoo 02/04/2016 3:44PM I strongly disagree, re: present impact -- MaizeAndBlueWahoo 02/04/2016 6:46PM Teen unemployment is high because there are not enough -- 111Balz 02/05/2016 09:43AM Right, but do you not understand that if you double the minimum wage -- BocaHoo91 02/05/2016 12:52PM Yes I do think that could happen; I do think there are some short -- 111Balz 02/05/2016 1:09PM "Should be done", sure. "Are done", no way. -- HowieT3 02/04/2016 2:02PM And those priced out of the job market can just pound sand, right? ** -- Hokie5150 02/04/2016 11:45AM How noble of you bob, I appreciate deciding what's best for everyone else -- TomKazanski 02/04/2016 11:13AM Combined? No, I don't, and neither do you. ** -- bob1314 02/04/2016 10:56AM Yes you do. Unless your wealth is below $1. -- ryno hoo 02/04/2016 11:02AM If 74 million people have a dime to their name -- 111Balz 02/04/2016 11:14AM Those people don't have a dime to their name. They may be holding a dime -- ryno hoo 02/04/2016 11:32AM How is their wealth negative? See my post above -- 111Balz 02/04/2016 12:43PM Car payment? Payday loan? Rent to own TV? And if you want to attack -- Hoodafan 02/04/2016 1:18PM What point did I make about wealth vs savings? -- 111Balz 02/04/2016 1:29PM Ryno's post is not wrong. Roughly 20% of households -- BocaHoo91 02/04/2016 2:12PM My god look at his response below.....mr rolling stone just can't -- TomKazanski 02/04/2016 2:54PM Well, I would imagine that you could find a sizable -- 111Balz 02/04/2016 2:19PM They're in the bottom 25% of NET WORTH, which is what we're discussing. -- BocaHoo91 02/04/2016 5:43PM We were talking about wealth, which is generally defined -- 111Balz 02/04/2016 8:32PM No, it's generally defined as assets minus liabilities. -- BocaHoo91 02/04/2016 8:38PM Actually in this case, wealth does NOT = net worth -- 111Balz 02/05/2016 08:42AM Actually it does. That is explicitly what they use in coming up with the -- KCHoo 02/05/2016 09:32AM I think you might have it backwards in terms of bernie's point -- 111Balz 02/05/2016 09:52AM Not sure what his point is but the stat he trumpets is entirely dependent o -- KCHoo 02/05/2016 10:59AM Not sure where you are seeing that confirmation he means net worth -- 111Balz 02/05/2016 11:16AM It is explicitly how they came up with the stat -- KCHoo 02/05/2016 12:21PM Ryou are not reading what I said. "he means" is the key phrase -- 111Balz 02/05/2016 1:10PM Okay, so you ignore those guys. How about most college graduates? -- Faz d. Hoo 02/04/2016 1:01PM And I'm all for raising the minimum wage whether it increases prices or not ** -- bob1314 02/04/2016 11:07AM There's a lot of evidence that shows rasing the min wage puts -- 111Balz 02/04/2016 12:52PM And what of those that lose their jobs as a result of the increase? The -- Hokie5150 02/04/2016 3:16PM So yes and no. Yes the CBO said there would be a near -- 111Balz 02/05/2016 10:08AM Yes! We raised it to $10.10 and we didn't lose 500,000 jobs. Q.E.D. ** -- southdenverhoo 02/04/2016 10:46PM "Trickle-up economics." Demonstrably a more efficient mechanism for -- southdenverhoo 02/04/2016 12:55PM Why don't you, Balz and others open Liberal-Mart and pay all your -- ryno hoo 02/04/2016 11:36AM "We don't lie, our prices our high. Come in and buy a rarity, help fix the -- ryno hoo 02/04/2016 12:07PM Why? ** -- KCHoo 02/04/2016 11:34AM One argument is the Walmart example (this is the argument, I'm not sure it -- southdenverhoo 02/04/2016 12:40PM That's the valid argument for raising the Min Wage, however it comes with -- Hoodafan 02/04/2016 1:45PM I'm completely on board with that argument... -- Stimp 02/04/2016 1:21PM That argument I actually agree with. I am not sure the minimum wage -- KCHoo 02/04/2016 12:47PM Seems you don't know what *combined* income of 42% of all families means ** -- bob1314 02/04/2016 11:05AM You said wealth. income is completely different. ** -- KCHoo 02/04/2016 11:31AM Seems you don't either...you started off whining about wealth now trying -- TomKazanski 02/04/2016 11:09AM Read Balz's post just above. It's quite clear. ** -- bob1314 02/04/2016 11:18AM I've determined balz has been lying about his profession since joining the -- TomKazanski 02/04/2016 11:42AM This isn't even hard math, reb, but it's over your head ** -- 111Balz 02/04/2016 12:52PM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:14AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:13AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:13AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:13AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:19AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:19AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:12AM Re: This isn't even hard math, reb, but it's over your head ** -- dmt3y 04/08/2016 01:19AM You should probably avoid topics that require math ** -- 111Balz 02/04/2016 11:18AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:12AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:19AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Re: You should probably avoid topics that require math ** -- dmt3y 04/08/2016 01:11AM Am I first? or last? :>) ** -- HokieNet 04/24/2020 4:13PM