$15 an Hour Minimum Wage?

[candycorn]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

Really? What did he do specifically to handle a recession?

How much you want to bet this dumb bitch can't name one thing that Coolidge did.

 

[Claudette]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

Really? What did he do specifically to handle a recession?

How much you want to bet this dumb bitch can't name one thing that Coolidge did.

Look it up. I did.

 

[candycorn]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

Really? What did he do specifically to handle a recession?

How much you want to bet this dumb bitch can't name one thing that Coolidge did.

Look it up. I did.

She proves my point.

 

[Claudette]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

Really? What did he do specifically to handle a recession?

How much you want to bet this dumb bitch can't name one thing that Coolidge did.

Look it up. I did.

She proves my point.

Nope. You prove mine. You are to lazy to look it up.

 

[candycorn]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

Really? What did he do specifically to handle a recession?

How much you want to bet this dumb bitch can't name one thing that Coolidge did.

Look it up. I did.

She proves my point.

Nope. You prove mine. You are to lazy to look it up.

 

[PoliticalChic]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

I doubt that any amount of study would help that moron.



After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."

The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty



The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties



The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

A tide of economic and social change swept across the country in the 1920s. Nicknames for the decade, such as “the Jazz Age” or “the Roaring Twenties,” convey something of the excitement and the changes in social conventions that were taking place at the time. As the economy boomed, wages rose for most Americans and prices fell, resulting in a higher standard of living and a dramatic increase in consumer consumption.... The American economy's phenomenal growth rate during the '20s...." A New Society: Economic & Social Change

 

[hadit]

None other than Leftist guru Dr. Paul Krugman - Nobel Prize winning economist - opined in his first textbook that the very existence of a Minimum Wage was an economic abomination. Then he turned into a Leftist stooge. But I digress. For the ignoramus who say things like, "It’s been proven that a higher minimum wage is good for the economy and ultimately doesn’t hurt business (see Australia)," I post the following explanation.

At all times and places there is an "economic minimum wage" ("EMW").That is the wage below which essentially nobody is willing to work. In my neighborhood, for example, the fast food joints all have signs out right now saying that they are hiring at $11.00/hr. That is the EMW in my area. As long as the Legal Minimum Wage ("LMW") is equal to or below the EMW, there is no "harm" caused by an increase in the LMW.

The "studies" that show no harm in increases to the LMW focus on locales where the EMW was already higher than the LMW, so the change to the LMW was inconsequential. This is the case now with $15 in NYC, Chicago, and similar areas.

When the LMW far exceeds the EMW, the economic price is substantial. Lost jobs, reduced hours, closed businesses, and all that. In Mississippi, a $15 LMW would be devastating. And many other areas of the country.

Congress knows this, and essentially all of the blathering about the $15MW is nonsense. When the time comes, the LMW will be incrementally increased in such a way as to cause no harm. And there you have it.

That is the correct motorcycle and has been my argument for some time. The MW works as long as it's kept low enough and grows slowly enough that it doesn't have much effect. And, as long as the federal MW is low enough, states and cities are free to set their own that exceed it. One size certainly does not fit all.

 

[BlackSand]

The minimum wage here is 12 and I certainly pay them more than that.

You are a public employee, aren't you? If so, you enjoy a nice wage, receive plenty of benefits, have a nice retirement plan and get lots of paid days off and enjoy all the perks that come with working for the government. A small business owner has NONE of that. We have our overhead, we have our wages, we have our taxes, and we have the gross profit derived from our business dealings. Whatever the difference between the latter and the former is the net profit that WE need to support ourselves. Ignorant individuals working for the government and who have never run a business just assume we are all raking in the cash, but that is not the case. To increase the wages to 15 dollars in one fell swoop will mean that many small businesses will no longer have enough net profit to survive, themselves, as the difference between gross profit and expenditures for labor will not allow for any net profit.

If gross income is 10000 and outgo is 60000, a person can afford a very modest lifestyle. If gross income is 100000 and you raise the outgo to 90000 for necessary labor, they can't. many, MANY small businesses like restaurants would be affected, and the owners would no longer be able to earn an actual income from the businesses they run.

The people in government have jobs that are secured by government and politics.

There is no accountability for the services they provide, so product quality is never a factor.
The common political and legislative response when government institutions fail, is to throw more money at the failure.

It's not that the people in government don't know or understand the private sector.
It's not that the people in government don't know how much small business owners are making, because the IRS wants its cut.

They are not as stupid as much as they just don't fucking care about your ass and never will ...

.

 

[JoeB131]

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

The Great Depression broke out a year after he left, largely because of his hands-off policies towards Wall Street Speculation.

They were called the roaring twenties, but 60% of the population lived below the poverty line. You probably think that everything was covered in Gold in the Gilded Age.

Coolidge is usually rated as one of the worst presidents in presidential rankings.

 

[JoeB131]

They don't call in the roaring 20's for nothing. It was a great decade with at POTUS who understood how to get out of a recession.

Um, wow. What fucking retarded Home School did you learn your history from?

They were called the "Roaring 20's" because frankly, a lot of the social mores broke down after WWI, Prohibition and due to the Depression. they had other names for it, such as "The Lost Generation", because those who survived WWI and the Spanish Flu had become largely fatalistic. Prohibition caused massive corruption, wiped out a whole sector of the economy, and caused rampant organized crime to spring up.

The 1920's kind of sucked, which is why you got FDR and the Republicans were sent to the Political Wilderness for a Generation.

No they were called the roaring twenties because things were roaring in the country. The economy was great and things were going very well for all Americans.

Coolidge was POTUS and he knew how to handle a recession and he did.

You need to study your history bozo.

I doubt that any amount of study would help that moron.



After the depression [1920-1921] the United States proceeded to enjoy the “Roaring Twenties,” arguably the most prosperous decade in the country’s history. Some of this prosperity was illusory—itself the result of subsequent Fed inflation—but nonetheless the 1920–1921 depression “purged the rottenness out of the system” and provided a solid framework for sustainable growth."

The conclusion seems obvious to anyone whose mind is not firmly locked into the Keynesian or monetarist framework: The free market works.
The Depression You’ve Never Heard Of: 1920-1921 | The Freeman | Ideas On Liberty



The 1920s were an age of dramatic social and political change. For the first time, more Americans lived in cities than on farms. The nation’s total wealth more than doubled between 1920 and 1929, and this economic growth swept many Americans into an affluent but unfamiliar “consumer society.” Roaring Twenties

The 1920s earned their moniker—the "Roaring Twenties"—through the decade's real and sustained prosperity, dizzying technological advancements, and lively culture. The decade marked the flourishing of the modern mass-production, mass-consumption economy, which delivered fantastic profits to investors while also raising the living standard of the urban middle- and working-class. The 1920s Analysis | Shmoop

Actually, the 1920's were a terrible time for most Americans.

As stated, most of the population lived below the poverty line even before the Great Depression broke out. The farm economy was seriously damaged by a combination of losing European Markets after WWI and that prohibition eliminated the need for barely and rye crops to make booze.

Corruption was rampant.

The combination of the losses between WWI and Spanish Flu caused a "Lost Generation" of people who drowned their sorrows in drink and drugs, which prohibition did nothing to curb and probably made worse.

 

[Natural Citizen]

If the minimum wage is the means to prosperity, why stop at $15 an hour? Why not $50, $75, or $100 per hour?

 

[Cellblock2429]

Maybe next time.

Senate votes down $15 minimum wage during vote-a-rama. Bernie Sanders seems unfazed. (yahoo.com)

" By a voice vote, for example, the senators approved an amendment from Sen. Joni Ernst (R-Iowa) to "prohibit the increase of the federal minimum wage during a global pandemic." Raising the minimum wage to $15 an hour is one of the heavy lifts in Biden's proposal. "

/——/ democRATs will wait until 2022 to make it their campaign promise. “But this time, we really, really mean it, so vote for us.”

 

[PoliticalChic]

Maybe next time.

Senate votes down $15 minimum wage during vote-a-rama. Bernie Sanders seems unfazed. (yahoo.com)

" By a voice vote, for example, the senators approved an amendment from Sen. Joni Ernst (R-Iowa) to "prohibit the increase of the federal minimum wage during a global pandemic." Raising the minimum wage to $15 an hour is one of the heavy lifts in Biden's proposal. "

/——/ democRATs will wait until 2022 to make it their campaign promise. “But this time, we really, really mean it, so vote for us.”

It's not even a consideration for them.....they lie about everything.


First collusion, collusion, collusion, Russia, Russia, Russia, Obstruction, Obstruction, Obstruction. Racist, Racist, Racist, Impeach, Impeach, Impeach, Recession, Recession, Recession, Emoluments, 25th amendment, Stormy Daniels, lies about Charlottesville fine Nazis, Kurds, Ukraine, Quid Pro Quo, ‘lynching,’ the GAO charges, Lev Parnas, impeachment, coronavirus ‘hoax,’ General Flynn perjury trap, no evidence of voter fraud in the stolen election.....

...and this week, AOC lying about her near-death experience in the Capitol Riots.....when she wasn't even in the Capitol.

And that Biden voters as agents provocateur weren't behind the Capitol Riot.....and that Pelosi knew and refused to allow extra security.
They lie about everything.......

 

[Aletheia4u]

All they are doing is forcing companies and restaurants into purchasing their automate machineries

 

[Aletheia4u]

 

[danielpalos]

Maybe next time.

Senate votes down $15 minimum wage during vote-a-rama. Bernie Sanders seems unfazed. (yahoo.com)

" By a voice vote, for example, the senators approved an amendment from Sen. Joni Ernst (R-Iowa) to "prohibit the increase of the federal minimum wage during a global pandemic." Raising the minimum wage to $15 an hour is one of the heavy lifts in Biden's proposal. "

The Richest keep getting richer and the markets are up; labor needs to be able to afford our first world economy. Higher paid labor creates more in demand and generates more in federal income tax revenue. Why does it seem that right wingers would rather "hate on the Poor" than promote the general welfare in a market friendly manner?

 

[pknopp]

All they are doing is forcing companies and restaurants into purchasing their automate machineries

Which will only lead to a Federal Guaranteed Income.

 

[danielpalos]

All they are doing is forcing companies and restaurants into purchasing their automate machineries

Which will only lead to a Federal Guaranteed Income.

Capital must circulate under Capitalism.

 

[pknopp]

All they are doing is forcing companies and restaurants into purchasing their automate machineries

Which will only lead to a Federal Guaranteed Income.

Capital must circulate under Capitalism.

I'm not sure the "Capitalists" understand that.

 

[danielpalos]

All they are doing is forcing companies and restaurants into purchasing their automate machineries

Which will only lead to a Federal Guaranteed Income.

Capital must circulate under Capitalism.

I'm not sure the "Capitalists" understand that.

Right-wingers only allege to be for free-market Capitalism in socialism threads.