What do you think is an appropriate raise for someone working minimum wage?

[NLXSK1]

So you do in fact think some people deserve to be poor, because they're not worth as much as other people because they create less wealth.

The problem with that is, you're giving a pass to all those billionaires who hoard so much wealth and create absolutely fucking nothing.

I said this before and it went over your head as to why I said it, because you think so slowly and can't imagine that I'm several steps ahead of you logically. Yet you wonder why I'm annoyed. Do try to keep up, ya dingus.

The problem with statements like this is that they are categorically false.

Billionaires do not Hoarde money. Trump is not sitting on a huge pile of gold bars.. He owns businesses. He pointed out the Gucchi store he owns is worth more than one of the other candidates. You think the employees there make minimum wage? How about at his world class resorts and hotels? What about all those salaries and wages he pays out?

You cannot horde money if you are wealthy. Inflation would reduce it's value every year. If you want to increase your wealth you have to have it invested in businesses and other financial opportunities. It has to be working.

Trump's wealth is in the value of his casino's, real estate and entertainment businesses, not in some checkbook somewhere.

You call me a dingus and then display a complete lack of understanding of wealth....

 

[Red1966]

Then maybe you should stop eating that shit.

Agreed. Unfortunately, time and/or traveling sometimes dictate I must.

 

[abandonconflict]

The problem with statements like this is that they are categorically false.

Billionaires do not Hoarde money. Trump is not sitting on a huge pile of gold bars.

How many times has he filed for bankruptcy now?


oooooops


tell me again how job creators are creating jobs and that nobody will have jobs if the rich pay more taxes

 

[NLXSK1]

How many times has he filed for bankruptcy now?


oooooops


tell me again how job creators are creating jobs and that nobody will have jobs if the rich pay more taxes

What is wrong with filing for bankruptcy? Did you get stiffed on a bill?

Tell me again how the rich paying more taxes will affect your bottom line? Will it just make you feel that much better?

Hillary Clinton proposed upping the short term Captial Gains tax from 20% to 39.6%. She is sure on your side. Of course it would devastate the flipping market and have an adverse investment upon real estate across the country. But fuck it, she is already a multi-multi- millionaire... Not like she gives a shit...

 

[bearkat42]

Taxpayers aren't subsidizing the businesses, they're subsidizing the employees.

Really?
Boeing — $13.18 Billion

 

[abandonconflict]

What is wrong with filing for bankruptcy?

Do you not realize that we've moved onto to discussing people who I don't fucking care about because you lost the debate about the ideas?

Tell me again how raising the minimum wage will tank the economy.

 

[NLXSK1]

Really?
Boeing — $13.18 Billion

Is that a tax break or a subsidy? People like to play around with terms a lot around here.

The difference - A subsidy would be money that taxpayers actually paid to Boeing through the government.

A tax break - An incentive to have a company locate and/or do business in a certain region.

And why are people pissed off at a company when it gets a tax break rather than the government for granting it?

 

[NLXSK1]

Do you not realize that we've moved onto to discussing people who I don't fucking care about because you lost the debate about the ideas?

Tell me again how raising the minimum wage will tank the economy.

The ideas do not keep a company from going into bankruptcy and closing.

Tell me again how increasing costs on a business regardless of other market forces will create jobs again.

 

[abandonconflict]

Is that a tax break or a subsidy?

What a retarded semantic approach.

 

[bearkat42]

Is that a tax break or a subsidy? People like to play around with terms a lot around here.

The difference - A subsidy would be money that taxpayers actually paid to Boeing through the government.

A tax break - An incentive to have a company locate and/or do business in a certain region.

And why are people pissed off at a company when it gets a tax break rather than the government for granting it?

Either way. Why would a company that profitable need tax breaks?

 

[NLXSK1]

Either way. Why would a company that profitable need tax breaks?

Why would a government offer them?

The government frequently uses tax breaks as incentives to keep business in certain locations or lure it there. This is standard business, why wouldn't a company take them if it can? Why does the government offer them?

 

[abandonconflict]

Tell me again how increasing costs on a business regardless of other market forces will create jobs again.

Sure, thought you'd never ask.


Aggregate demand is by far the strongest of market forces. When working class people have more money to spend, let's say double since we're talking about roughly doubling minimum wage, they have that much more money to spend on goods and services. When a market has double demand for goods and services products fly off shelves at double the rate, leading to companies needing more employees and suppliers needing to increase supplies. This in turn creates even more jobs.

 

[bearkat42]

Sure, thought you'd never ask.


Aggregate demand is by far the strongest of market forces. When working class people have more money to spend, let's say double since we're talking about roughly doubling minimum wage, they have that much more money to spend on goods and services. When a market has double demand for goods and services products fly off shelves at double the rate, leading to companies needing more employees and suppliers needing to increase supplies. This in turn creates even more jobs.

Yep

 

[NLXSK1]

Sure, thought you'd never ask.


Aggregate demand is by far the strongest of market forces. When working class people have more money to spend, let's say double since we're talking about roughly doubling minimum wage, they have that much more money to spend on goods and services. When a market has double demand for goods and services products fly off shelves at double the rate, leading to companies needing more employees and suppliers needing to increase supplies. This in turn creates even more jobs.

The classic argument is then to make minimum wage 100 dollars per hour. At which point the market would be blazing and everyone would be happy right? More is better!!!

 

[abandonconflict]

The classic argument is then to make minimum wage 100 dollars per hour.

Maybe an idiot fox news consumer like you would make that argument.

 

[bearkat42]

Maybe an idiot fox news consumer like you would make that argument.

Trickle down economics. It's worked so well in the past.

 

[NLXSK1]

Trickle down economics. It's worked so well in the past.

All economics is trickle down.

Where does the money/loans/funding/paychecks come from?

It isnt called flood down and make you damn rich economics

 

[NLXSK1]

Maybe an idiot fox news consumer like you would make that argument.

What is your reply to it though? Why wouldnt it work? If double the minimum wage is good why wouldnt 12* the minimum wage be better?

 

[bearkat42]

All economics is trickle down.

Where does the money/loans/funding/paychecks come from?

It isnt called flood down and make you damn rich economics

Thank you Ronald Regan.

 

[abandonconflict]

All economics is trickle down.

No, wealth trickles up.

Where does the money/loans/funding/paychecks come from?

Labor creates all wealth.