Automation, capitalism or left wing issues?

[Supposn]

If you have something from the CBO that backs your claim, you should post it already.

ToddsterPatriot:

ToddsterPatriot, Refer to: The Effects on Employment and Family Income of Increasing the Federal Minimum Wage (cbo.gov)
page 17, figure 6, graph entitled “Shares of Workers, by Family Income Group, 2025”.

The graph indicates low wage rate earning employees that are members of families of incomes less than two times their poverty thresholds, are 36% of all USA’s employees earning rates within that low-wage rate bracket and 15% of USA’s entire workforce.
The graph also indicates families of incomes less than three times their poverty thresholds, are over 56% of all USA’s employees earning rates within that low-wage rate bracket and 32% of USA’s entire workforce.
Respectfully, Supposn

 

[Toddsterpatriot]

If you have something from the CBO that backs your claim, you should post it already.

ToddsterPatriot:

ToddsterPatriot, Refer to: The Effects on Employment and Family Income of Increasing the Federal Minimum Wage (cbo.gov)
page 17, figure 6, graph entitled “Shares of Workers, by Family Income Group, 2025”.

The graph indicates low wage rate earning employees that are members of families of incomes less than two times their poverty thresholds, are 36% of all USA’s employees earning rates within that low-wage rate bracket and 15% of USA’s entire workforce.
The graph also indicates families of incomes less than three times their poverty thresholds, are over 56% of all USA’s employees earning rates within that low-wage rate bracket and 32% of USA’s entire workforce.
Respectfully, Supposn

The graph indicates low wage rate earning employees that are members of families of incomes less than two times their poverty thresholds, are 36% of all USA’s employees earning rates within that low-wage rate bracket and 15% of USA’s entire workforce.

I'd prefer a graph that actual supports your claim, not one that you claim supports your claim.

 

[Supposn]

I'd prefer a [Congressional Budget office] graph that actual supports your claim, not one that you claim supports your claim.

ToddsterPatriot, within USA’s civil courts, the burden of proof is “preponderance of evidence” rather than what you prefer it to be. You may consider your standard as “the standard” of evidence and logical reasoning, I contend the majority of USA voters believe otherwise. Respectfully, Supposn

 

[justinacolmena]

I've read a lot of threads over the years about automation taking over lots of industries. Crazy to see how some of you, older generations I'm sure, hate automation. Just hate it with a passion. Call it liberal, call it lazy dems machines, call it what you want, I call it capitalism.

All industrial work is work on or with machinery.
Automation is just more machinery to work with.
Inevitably, more workers are needed to handle the additional machinery.
It's called capitalism, because it costs such grand sums of money to pay all those workers to make and use all that machinery to produce the “stuff” demanded by consumers.

 

[Toddsterpatriot]

I'd prefer a [Congressional Budget office] graph that actual supports your claim, not one that you claim supports your claim.

ToddsterPatriot, within USA’s civil courts, the burden of proof is “preponderance of evidence” rather than what you prefer it to be. You may consider your standard as “the standard” of evidence and logical reasoning, I contend the majority of USA voters believe otherwise. Respectfully, Supposn

We're not in a court and you're the only one making your very specific claim.

Let me know if you ever find any backup.

 

[Supposn]

Let me know if you ever find any backup.

ToddsterPatriot, you’re arguing contrary to the contents of the Congressional Budget Office’s reports.
(I do question what they chose or were directed to exclude from their reports). Respectfully, Supposn

 

[Toddsterpatriot]

ToddsterPatriot, you’re arguing contrary to the contents of the Congressional Budget Office’s reports.

Bullshit.

You said,

"The applicable minimum rate directly or (due to employers’ wage differential practices), almost directly affects ALL employees earning within the lowest bracket of wage rates; that over 30% 0f USA’s entire work force."

You haven't posted anything from any CBO reports that says that.

I'm not arguing with them, I'm arguing with you.

If you have evidence that it affects over 30%, not 29%, not 31%, post it.

Based on your math "skills", I'm sure any calculations you post will be amusing.

 

[justinacolmena]

ToddsterPatriot, within USA’s civil courts, the burden of proof is “preponderance of evidence” rather than what you prefer it to be. You may consider your standard as “the standard” of evidence and logical reasoning, I contend the majority of USA voters believe otherwise. Respectfully, Supposn

Oh, we have civil courts in the USA? Since when? Since the feds overturned the Second Amendment and made possession of any firearm or ammunition a felony subject to a ten-year prison sentence? Are you talking about mental health court?

Alaska Mental Health Court

www.akmhcweb.org

https://www.kingcounty.gov/courts/district-court/regional-mental-health-court.aspx

11 Mental Health County Court – Seventeenth Judicial Circuit of Florida

It's a cheap coppers gun ban on a misdemeanor charge. Conviction on an involuntary guilty plea by a public defender. Involuntary civil commitment. Lifelong ban. No appeal, no recourse, no redress.

 

[Supposn]

Bullshit. You said, "The applicable minimum rate directly or (due to employers’ wage differential practices), almost directly affects ALL employees earning within the lowest bracket of wage rates; that over 30% 0f USA’s entire work force."

You haven't posted anything from any CBO reports that says that. I'm not arguing with them, I'm arguing with you.
If you have evidence that it affects over 30%, not 29%, not 31%, post it. Based on your math "skills", I'm sure any calculations you post will be amusing.

Transcribed FROM the discussion thread, “Minimum wage rate and labors’ market prices”.

On these points my observations and conclusions effectively concur with those of the U.S. Congressional Budget Office. We’re all lying? ...

You must have that exact claim by the CBO.....somewhere. ...

ToddsterPatriot, I should have, but didn’t. This is one of those too often rare occasions when I remembered and was able to retrieve information in a reasonable duration of time. Refer to, https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf ,
Page 17, “figure 6. Shares of Workers, by Family Income Group, 2025”:
The graph indicates 2025 projections:

More than 15 % of USA’s low wage workers will be members of families with incomes less than twice the poverty threshold for a family of their size.

More than 30 % of USA’s low wage workers will be members of families with incomes less than 3 times the poverty threshold for a family of their size. (This coincides with CBO’s conclusion of 32% of USA workers earning rates within the low-wage rate bracket of rates).

[Referring to: What are the The 2018 poverty thresholds? - Bing
The 2018 poverty threshold for a family of 3 is $20,780 gross.
The 2018 poverty threshold for a family of 4 is $25,100 gross.

Unless otherwise stated, these CBO publications regarding the federal minimum wage rate express all but the nominal minimum wage rate’s value, as 2018 U.S. dollar’s values.
It’s reasonable to conclude from these CBO’s defining of their terms used within these of their publications, and the afore mentioned graph, low-wage rate income families, (whose entire wage earning members must effectively earning low-wage rates), account for much greater than 15 % and less 30% of all USA families.
Respectfully Supposn

 

[Toddsterpatriot]

Bullshit. You said, "The applicable minimum rate directly or (due to employers’ wage differential practices), almost directly affects ALL employees earning within the lowest bracket of wage rates; that over 30% 0f USA’s entire work force."

You haven't posted anything from any CBO reports that says that. I'm not arguing with them, I'm arguing with you.
If you have evidence that it affects over 30%, not 29%, not 31%, post it. Based on your math "skills", I'm sure any calculations you post will be amusing.

Transcribed FROM the discussion thread, “Minimum wage rate and labors’ market prices”.

On these points my observations and conclusions effectively concur with those of the U.S. Congressional Budget Office. We’re all lying? ...

You must have that exact claim by the CBO.....somewhere. ...

ToddsterPatriot, I should have, but didn’t. This is one of those too often rare occasions when I remembered and was able to retrieve information in a reasonable duration of time. Refer to, https://www.cbo.gov/system/files/2019-07/CBO-55410-MinimumWage2019.pdf ,
Page 17, “figure 6. Shares of Workers, by Family Income Group, 2025”:
The graph indicates 2025 projections:

More than 15 % of USA’s low wage workers will be members of families with incomes less than twice the poverty threshold for a family of their size.

More than 30 % of USA’s low wage workers will be members of families with incomes less than 3 times the poverty threshold for a family of their size. (This coincides with CBO’s conclusion of 32% of USA workers earning rates within the low-wage rate bracket of rates).

[Referring to: What are the The 2018 poverty thresholds? - Bing
The 2018 poverty threshold for a family of 3 is $20,780 gross.
The 2018 poverty threshold for a family of 4 is $25,100 gross.

Unless otherwise stated, these CBO publications regarding the federal minimum wage rate express all but the nominal minimum wage rate’s value, as 2018 U.S. dollar’s values.
It’s reasonable to conclude from these CBO’s defining of their terms used within these of their publications, and the afore mentioned graph, low-wage rate income families, (whose entire wage earning members must effectively earning low-wage rates), account for much greater than 15 % and less 30% of all USA families.
Respectfully Supposn

Now highlight the part that backs your claim.........

(Hint: the CBO saying that more than 30% of families will make less than 3 times the poverty threshold [$62,340 for a family of three-$75,300 for a family of four] doesn't support your minimum wage claim)

 

[Supposn]

Now highlight the part that backs your claim.........

(Hint: the CBO saying that more than 30% of families will make less than 3 times the poverty threshold [$62,340 for a family of three-$75,300 for a family of four] doesn't support your minimum wage claim)

Do your own homework.

 

[Toddsterpatriot]

Now highlight the part that backs your claim.........

(Hint: the CBO saying that more than 30% of families will make less than 3 times the poverty threshold [$62,340 for a family of three-$75,300 for a family of four] doesn't support your minimum wage claim)

Do your own homework.

My homework is pointing out your errors and false claims.

Yours is running away.

 

[danielpalos]

I've read a lot of threads over the years about automation taking over lots of industries. Crazy to see how some of you, older generations I'm sure, hate automation. Just hate it with a passion. Call it liberal, call it lazy dems machines, call it what you want, I call it capitalism.

Sure, capitalism has ups and downs. One of the down sides is when you're a business owner, you try to make money. If I pay 3 employees $30,000 a year for basic entry level labor, that's $90,000 a year labor costs (closer to$105,000 after ins and withholding). So, I opt to buy a machine that costs $250,000 (plus more for upkeep) and after few years it pays for itself and now I'm money ahead every year, ie, profit!

Some of you look at it and say, great! American dream, making money, buying machines, contributing to the economy. Others (US message board members) say, commie socialist scumbag, fuck you, go suck Bidens dick!

I realize that in turn I don't have the 3 entry level grunts working anymore, but isn't that what they are, entry level? Arent I supposed to tell them to fuck off if they want something more than minimum wage? Why the double standard?

Only on US message board can you be applauded for being a capitalist, then get shit on by the same person for being a capitalist. Crazy.

The problem in my opinion, is not solving for actual economic phenomena not what capitalists are doing.