Wait... raising the minimum wage HELPED Washington?

More Than Mortal · February 17, 2016, 05:53:26 PM

Quote from: Mad Max on February 17, 2016, 05:47:28 PM

A not-insignificant number of people really think that raising the minimum wage even a penny will spell disaster

And, similarly, there are a lot of people who think not raising it would be a disaster. Not only is the federal minimum wage ham-fisted, and better left to the lower scales of government, but proposals for the expansion of programmes like EITC are far superior when it comes to poverty reduction.

Which, as I'm sure you'll agree, is the ultimate aim here. Just on an empirical view, Rubio's proposed policies are far and away superior to Sanders'; somebody on his team has been reading the literature coming out of the Hamilton Project, and who isn't having their fiscal/monetary policies dictated to them by MMTs.

Quote

Americans are dumb and easily misled.

Not really; the problem is that your political systems caters to more extreme candidates in how its structured. Americans are no dumber than any other given population; I mean, come on, you're world leaders in science and technology.

Mad Max · February 17, 2016, 05:54:48 PM

Quote from: Meta Cognition on February 17, 2016, 05:53:26 PM

I mean, come on, you're world leaders in science and technology.

Maybe our industries, but certainly not the general population.

challengerX · February 17, 2016, 06:35:19 PM

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Mad Max · February 17, 2016, 07:09:07 PM

Quote from: challengerX on February 17, 2016, 06:35:19 PM

Fucking jew age liberals man

"AMERICANS ARE SO DUMB HEHAIAHEIWBSVAIABDHSHSVSVWISV"

Fuck off to Israel

I have literally no ties to Judaism or Israel...

Mordo · February 17, 2016, 07:10:20 PM

Quote from: Mad Max on February 17, 2016, 07:09:07 PM

I have literally no ties to Judaism or Israel...

Mad Max · February 17, 2016, 07:11:49 PM

Quote from: Mordo on February 17, 2016, 07:10:20 PM

Quote from: Mad Max on February 17, 2016, 07:09:07 PM
I have literally no ties to Judaism or Israel...

I'm not sure what you're getting at

Mattie G Indahouse · February 18, 2016, 06:59:10 AM

Quote from: Mad Max on February 17, 2016, 07:11:49 PM

Quote from: Mordo on February 17, 2016, 07:10:20 PM
Quote from: Mad Max on February 17, 2016, 07:09:07 PM
I have literally no ties to Judaism or Israel...

I'm not sure what you're getting at

I think he's saying you're an elusive Jew.

Cindy · February 18, 2016, 07:00:24 AM

Excuse me

I'm Sep7's jew, thank you very much

R o c k e t · February 18, 2016, 09:40:30 AM

Quote from: Cindy on February 18, 2016, 07:00:24 AM

Excuse me

I'm Sep7's jew, thank you very much

No no no, different type. You are a regular jew.

An elusive Jew people actually respect because they at least TRY to hide their deformities.

Mad Max · February 18, 2016, 10:15:11 AM

Quote from: BerzerkCommando on February 18, 2016, 06:59:10 AM

Quote from: Mad Max on February 17, 2016, 07:11:49 PM
Quote from: Mordo on February 17, 2016, 07:10:20 PM
Quote from: Mad Max on February 17, 2016, 07:09:07 PM
I have literally no ties to Judaism or Israel...

I'm not sure what you're getting at
I think he's saying you're an elusive Jew.

Wouldn't a Jew be supportive of Americans, not critical, since Jews run America?

Ajax · February 19, 2016, 09:59:26 AM

Well this is the logical expectation..

higher wages=more money that people can spend=more money for corporations to hire people

MyNameIsCharlie · February 19, 2016, 10:06:09 AM

Quote from: Ajax on February 19, 2016, 09:59:26 AM

Well this is the logical expectation..

higher wages=more money that people can spend=more money for corporations to hire people

Conservatives predicted the opposite. Higher wages leads to a higher Cost of Goods Sold, meaning either higher prices, or austerity measures (cutting headcount, automation, or dropping product size) to make up the lost profits.

What happened was what you said.

Verbatim · February 19, 2016, 10:10:01 AM

Quote from: Mordo on February 17, 2016, 03:48:32 PM

You can't artificially increase value.

Martin Shkreli.

Well, he artificially increased the price, not the value--but that's the idea. "Value" isn't in the corporate lexicon.

Ajax · February 19, 2016, 10:11:19 AM

Quote from: MyNameIsCharlie on February 19, 2016, 10:06:09 AM

Quote from: Ajax on February 19, 2016, 09:59:26 AM
Well this is the logical expectation..

higher wages=more money that people can spend=more money for corporations to hire people

Conservatives predicted the opposite. Higher wages leads to a higher Cost of Goods Sold, meaning either higher prices, or austerity measures (cutting headcount, automation, or dropping product size) to make up the lost profits.

What happened was what you said.

It's funny because all the negative consequences they predict happening after raising the minimum wage usually happen when they're in power. Like how the Greek economy got ass raped by the right wing party and was put in a massive hole to the point that the left could do nothing about it.

(sorry for shitty english)