OnePercenter
Gold Member
- Apr 10, 2013
- 23,667
- 1,880
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- Thread starter
- #21
Because wage and price controls worked so well under Nixon.
True, but mine carries a nifty business subsidy!
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Because wage and price controls worked so well under Nixon.
\-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
Not that I don't think Min Wage doesn't need to go up but this would be a shock to the system that would be catastrophe,
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
How about legit business expenses? Of Course those need to be written off.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
Not sure what that means. But I do think we ought o computer COLA's based on the PRE CLINTON system of computing CPI.
If that were done Social Security recipients would be owned a staggering amount of repayments for the GRAND THEFT this system really has become since the 90s
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
Proce controls are almost always bad idea ..except perhaps in times of WAR or I(REAL) national emergency.
Nixxon tried that, ya know?
It blew up in everybody's faces.
Nixon's price controls on domestic crude hobbled an entire industry.
Because wage and price controls worked so well under Nixon.
Blast from the past! Remember Ford's "Whip Inflation Now! ( WIN) program?
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
Are you willing to pay $10 for a Big Mac? Or would you rather McDonald's goes out of business?
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
Your figures are entirely made up. 1968 is generally accepted as having the highest federal minimum wage in terms of real value since the inception of the law in the US, at $1.60 an hour. Use an inflation calculator and that works out to $10.72 an hour, half of what you suggest.
Here's a pretty good overview of the topic here
U.S. Minimum Wage History
You aren't being realistic with your figures at all.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
The question is "What is the dumbest set of policy arguments anyone has ever made?"
Hey 1%. I love your idea. I have a plan, I will run my business (I do own one) and pay 100% of my profits to my new employee!!!!!!!!!!! My wife. Thanks for 0% taxes no matter how much I make.
I know you will love it when big corps are making even bigger profits for their CEO's. Grats, you once again made the poor pooer and the rich vastly more wealthy!
This is where you start putting caps on how much a wage can be or how much someone can ear before you re-apply the tax you took away. What, 20 mil a year for one person was too much to not tax?
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-off’s/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
It doesn't matter how much minimum wage is. Minimum wage workers will always be on the bottom rung.
.
Yikes.
What was the QUESTION?
How do you fix the economy.
.
Yikes.
What was the QUESTION?
How do you fix the economy.
\-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
Not that I don't think Min Wage doesn't need to go up but this would be a shock to the system that would be catastrophe,
How about legit business expenses? Of Course those need to be written off.
Not sure what that means. But I do think we ought o computer COLA's based on the PRE CLINTON system of computing CPI.
If that were done Social Security recipients would be owned a staggering amount of repayments for the GRAND THEFT this system really has become since the 90s
Proce controls are almost always bad idea ..except perhaps in times of WAR or I(REAL) national emergency.-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
Nixxon tried that, ya know?
It blew up in everybody's faces.
Sure it would be a shock to the system. Almost every American would receive an increase in pay and business would pay zero taxes and fees.
Price controls are also good with huge business subsidies.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
Are you willing to pay $10 for a Big Mac? Or would you rather McDonald's goes out of business?
Why would you? McDonalds costs aren't going to increase.
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-offs/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
The question is "What is the dumbest set of policy arguments anyone has ever made?"
Why?
-Raise minimum wage to $23.50/hr. Based on where minimum wage should be using 1970-2013 rise in food, shelter, and transportation.
-Eliminate all business subsidies (deductions/write-off’s/write-downs) except for employee expenses which are deducted dollar-for-dollar on all city, state, and Federal taxes and fees.
-Adjust Social Security and private/public retirement and pension payments using 1970-2013 price structure.
-Back down ALL costs, prices, fees, to January 1, 2009 levels and hold them for 10 years.
It doesn't matter how much minimum wage is. Minimum wage workers will always be on the bottom rung.
In the 60's, a minimum wage worker was able to support a family. I'm correcting for the obvious 'screwing' the middle-class received.
Hey 1%. I love your idea. I have a plan, I will run my business (I do own one) and pay 100% of my profits to my new employee!!!!!!!!!!! My wife. Thanks for 0% taxes no matter how much I make.
I know you will love it when big corps are making even bigger profits for their CEO's. Grats, you once again made the poor pooer and the rich vastly more wealthy!
So your employee expenses exceed gross taxes and fees?