Prove to me that "trickle down" or "rising tide lifts all boats" are wrong?

[danielpalos]

The rock bottom cost of a Minimum wage should be no Cause for capital alarm among Good capitalists.

Egonomics


Their penny wise, pound foolish stinginess has nothing to do with profitable economics. The hollow Bossman zombies would rather feel strong by making others weak than make money.

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

/---/ Well, open a business and pay your workers more than they are worth. No one is stopping you.

Ok. And, you won't hear me whine about the cost of social services, either. Only lousy capitalists and right wingers, do that.

/---/ So when are you opening the business?

as soon as some outstanding issues are resolved. i sometimes practice with options chart tutorials.

 

[danielpalos]

capitalism has a natural rate of unemployment.

Equity Is Iniquity

The idle-rich stockholding parasites don't do any work either. They are the unemployed who create all the other unemployed.

The rock bottom cost of a Minimum wage should be no Cause for capital alarm among Good capitalists.

Egonomics


Their penny wise, pound foolish stinginess has nothing to do with profitable economics. The hollow Bossman zombies would rather feel strong by making others weak than make money.

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

You know people like you truly show how grossly uninformed in this DAY of the Internet!
GEEZ....
FACTS FACTS FACTS!!!
OK... let's use your $15.00 figure raising all the people that work for minimum wage.
Q) How many people do you think work at minimum wage?
A) In 2014, about 1.3 million U.S. workers age 16 and over earned exactly the prevailing federal minimum wage of $7.25 per hour.
Another 1.7 million had wages below the federal minimum. Together these workers make up 4 percent of all hourly paid workers. What are the characteristics of minimum wage workers? - UC Davis Center for Poverty Research
FACTS
So let's raise ALL these 3 million people to $15.00/hour.
Remember there were 1.3 million already being paid $7.25! so the additional hourly pay is $7.75 per hour.

So these 1.3 million would get another $7.75/hour and work 2,080 hours per year or a total gross of $20,956,000,000.

Payroll taxes paid by both employer and employee: 12.4% or a total of $2.6 billion additional Federal tax revenue.

Now you do know that these 1.3 million don't pay Federal income taxes and will not on this additional $21 billion...

the ONLY tax revenue will be payroll taxes.

So now let's calculate the remain 1.7 million that are less than $7.25...
Let's assume that figure they currently get paid is $5.00/hr so then get $10.00 more...
1.7 million working 2,080 or additional $35.4 billion in gross wages and at 12.4% payroll taxes an additional $4.4 billion in payroll taxes.

So to answer your really ignorant comment: "The Poor can pay more in taxes and create more in demand with a higher minimum wage
Just in additional payroll taxes the Federal government would get $7 billion a year...
Just enough to pay out 10% of the food stamps:
SNAP benefits cost $70.9 billion in fiscal year 2016
Supplemental Nutrition Assistance Program - Wikipedia

Oh and WOW... this additional $55 billion in GDP spending... buying new cars, clothes, homes, food, etc....
Wow! that will amount to really creating an additional DEMAND adding to the GDP a whopping: 2/10ths of 1% 0.25%... now that will make a BIG difference!!!
Idiots.
In reality... half of these minimum paying jobs are held by people under 25...entry level.
Guess what you idiots of how money works!
This is what those guys have to look forward to because of your stupid think that one size $15.00 wage fits all!
REMEMBER I"M NOT against a $15.00 wage key word....WHERE IT is appropriate ! But not a federal mandate. NOT practical.

SEE the latest hamburger flipper!!!
Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job

A company called Momentum Machines has built a robot that could radically change the fast-food industry and have some line cooks looking for new jobs.
The company's robot can "slice toppings like tomatoes and pickles immediately before it places the slice onto your burger, giving you the freshest burger possible." The robot is "more consistent, more sanitary, and can produce ~360 hamburgers per hour." That's one burger every 10 seconds.

The next generation of the device will offer "custom meat grinds for every single customer. Want a patty with 1/3 pork and 2/3 bison ground to order? No problem."

Read more: Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job

So like all idiots your ideas will cause people to LOSE their jobs! THANKS Again!

You omit the more efficient markets enabled by potential labor having recourse to an income, circulating capital, paying taxes, and creating demand. Automatic stabilization, is providing for the general welfare of our economy.

 

[danielpalos]

The rock bottom cost of a Minimum wage should be no Cause for capital alarm among Good capitalists.

Egonomics


Their penny wise, pound foolish stinginess has nothing to do with profitable economics. The hollow Bossman zombies would rather feel strong by making others weak than make money.

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

/---/ Well, open a business and pay your workers more than they are worth. No one is stopping you.

Ok. And, you won't hear me whine about the cost of social services, either. Only lousy capitalists and right wingers, do that.

Why should you? You are using the social services! You aren't paying any taxes. You live in your parents basement. So of course you have no whine rights!

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

why, Protest, too much.

 

[danielpalos]

Equity Is Iniquity

The idle-rich stockholding parasites don't do any work either. They are the unemployed who create all the other unemployed.

The rock bottom cost of a Minimum wage should be no Cause for capital alarm among Good capitalists.

Egonomics


Their penny wise, pound foolish stinginess has nothing to do with profitable economics. The hollow Bossman zombies would rather feel strong by making others weak than make money.

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

You know people like you truly show how grossly uninformed in this DAY of the Internet!
GEEZ....
FACTS FACTS FACTS!!!
OK... let's use your $15.00 figure raising all the people that work for minimum wage.
Q) How many people do you think work at minimum wage?
A) In 2014, about 1.3 million U.S. workers age 16 and over earned exactly the prevailing federal minimum wage of $7.25 per hour.
Another 1.7 million had wages below the federal minimum. Together these workers make up 4 percent of all hourly paid workers. What are the characteristics of minimum wage workers? - UC Davis Center for Poverty Research
FACTS
So let's raise ALL these 3 million people to $15.00/hour.
Remember there were 1.3 million already being paid $7.25! so the additional hourly pay is $7.75 per hour.

So these 1.3 million would get another $7.75/hour and work 2,080 hours per year or a total gross of $20,956,000,000.

Payroll taxes paid by both employer and employee: 12.4% or a total of $2.6 billion additional Federal tax revenue.

Now you do know that these 1.3 million don't pay Federal income taxes and will not on this additional $21 billion...

the ONLY tax revenue will be payroll taxes.

So now let's calculate the remain 1.7 million that are less than $7.25...
Let's assume that figure they currently get paid is $5.00/hr so then get $10.00 more...
1.7 million working 2,080 or additional $35.4 billion in gross wages and at 12.4% payroll taxes an additional $4.4 billion in payroll taxes.

So to answer your really ignorant comment: "The Poor can pay more in taxes and create more in demand with a higher minimum wage
Just in additional payroll taxes the Federal government would get $7 billion a year...
Just enough to pay out 10% of the food stamps:
SNAP benefits cost $70.9 billion in fiscal year 2016
Supplemental Nutrition Assistance Program - Wikipedia

Oh and WOW... this additional $55 billion in GDP spending... buying new cars, clothes, homes, food, etc....
Wow! that will amount to really creating an additional DEMAND adding to the GDP a whopping: 2/10ths of 1% 0.25%... now that will make a BIG difference!!!
Idiots.
In reality... half of these minimum paying jobs are held by people under 25...entry level.
Guess what you idiots of how money works!
This is what those guys have to look forward to because of your stupid think that one size $15.00 wage fits all!
REMEMBER I"M NOT against a $15.00 wage key word....WHERE IT is appropriate ! But not a federal mandate. NOT practical.

SEE the latest hamburger flipper!!!
Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job

A company called Momentum Machines has built a robot that could radically change the fast-food industry and have some line cooks looking for new jobs.
The company's robot can "slice toppings like tomatoes and pickles immediately before it places the slice onto your burger, giving you the freshest burger possible." The robot is "more consistent, more sanitary, and can produce ~360 hamburgers per hour." That's one burger every 10 seconds.

The next generation of the device will offer "custom meat grinds for every single customer. Want a patty with 1/3 pork and 2/3 bison ground to order? No problem."

Read more: Here's The Burger-Flipping Robot That Could Put Fast-Food Workers Out Of A Job

So like all idiots your ideas will cause people to LOSE their jobs! THANKS Again!

So if so few work at minimum wage, why the fuck are you whining about increasing it?

nothing but Repeal from the right wing whenever it is about the general welfare and finance at any cost when allegedly for the general warfare.

 

[Bootney Lee Farnsworth]

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

So, for any reason, I can stop working and still get paid? What happens when everyone does this?

 

[Bootney Lee Farnsworth]

nothing but Repeal from the right wing whenever it is about the general welfare and finance at any cost when allegedly for the general warfare.

Repeal is necessary to reverse the bullshit. Of course, repeal is going to be the main focus.

 

[danielpalos]

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

So, for any reason, I can stop working and still get paid? What happens when everyone does this?

You beg the question and suppose that everyone would Want to be lazy, just to be able to be Poor under Any form of Capitalism.

There should be no unemployment, only underpayment under Capitalism.

 

[Bootney Lee Farnsworth]

You beg the question and suppose that everyone would Want to be lazy, just to be able to be Poor under Any form of Capitalism.

There should be no unemployment, only underpayment under Capitalism.

What? You make no sense.

If there is no incentive to work, how many will not work and get paid? Who pays for it? If the burden on the productive gets too great, they will become the unproductive. You obviously don't understand human nature.

 

[danielpalos]

You beg the question and suppose that everyone would Want to be lazy, just to be able to be Poor under Any form of Capitalism.

There should be no unemployment, only underpayment under Capitalism.

What? You make no sense.

If there is no incentive to work, how many will not work and get paid? Who pays for it? If the burden on the productive gets too great, they will become the unproductive. You obviously don't understand human nature.

You claim everyone will Want to Poor when they could just get a job that pays more.

 

[sparky]

So why then do ignorant people continue to use that phrase "trickle down" as a failure?

too easy.....



~S~

 

[Bootney Lee Farnsworth]

You claim everyone will Want to Poor when they could just get a job that pays more.

We have historical examples of this very thing happening, all the way back to the pilgrims at Plymouth Rock.

Full text of "Bradford's history of Plymouth plantation, 1606-1646;"

All this whille no supply was heard of, neither knew they
when they might expecte any. So they begane to thinke how
they might raise as much come as they could, and obtaine a
beter crope then they had done, that they might not still thus
languish in miserie. At length, after much debate of things,
the Gov'' (with the advise of the cheefest amongest them)
gave way that they should set corne every man for his owne
perticuler, and in that regard trust to them selves; in all
other things to goe on in the generall way as before. And so
assigned to every family a parcell of land, according to the
proportion of their number for that end, only for present use
(but made no devission for inheritance), and ranged all boys
and youth under some familie. This had very good success;
for it made all hands very industrious, so as much more corne
was planted then other waise would have bene by any means
the Gov"" or any other could use, and saved him a great
deall of trouble, and gave farr better contente. The women
now wente wiUingly into the feild, and tooke their Utle-ons
with them to set corne, which before would aledg weaknes,
and inabihtie; whom to have compelled would have bene
thought great tiranie and oppression.

The experience that was had in this commone course and
condition, tried sundrie years, and that amongst godly and
sober men, may well evince the vanitie of that conceite of
Platos and other .ancients, applauded by some of later times;
— that the taking away of propertie, and bringing in com-

 

[Bootney Lee Farnsworth]

munitie into a comone wealth, would make them happy and
florishing ; as if they were wiser then God. For this comunitie
(so farr as it was) was foimd to breed much confusion and
discontent, and retard much imployment that would have
been to their benefite and comforte. For the yong-men that
were most able and fitte for labour and service did repine that
they shoiild spend their time and streingth to worke for other
mens wives and children, with out any recompence. The
strong, or man of parts, had no more in devission of victails
and cloaths, then he that was weake and not able to doe a
quarter the other could; this was thought injuestice. The
aged and graver men to be ranked and equaUsed in labotirs,
and victails, cloaths, etc., with the meaner and yonger sorte,
thought it some indignite and disrespect xmto them. And
for mens wives to be commanded to doe servise for other men,
as dresing their meate, washing their cloaths, etc., they deemd
it a kind of slaverie, neither could many husbands well brooke
it. Upon the poynte all being to have alike, and all to doe
alike, they thought them selves in the like condition, and one
as good as another; and so, if it did not cut of those relations
that God hath set amongest men, yet it did at least much
diminish and take of the mutuall respects that should be pre-
served amongst them. And would have bene worse if they
had been men of another condition. Let none objecte this is
men's corruption, and nothing to the course it selfe. I an-
swer, seeing all men have this corruption in them, God in his
wisdome saw another course fiter for them.

 

[Bootney Lee Farnsworth]

In other words, that shit you propose sucks ass. Some will be productive while others lay around and wait for their food. Eventually, everyone is slothful and no one is productive.

 

[Cellblock2429]

Egonomics


Their penny wise, pound foolish stinginess has nothing to do with profitable economics. The hollow Bossman zombies would rather feel strong by making others weak than make money.

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

/---/ Well, open a business and pay your workers more than they are worth. No one is stopping you.

Ok. And, you won't hear me whine about the cost of social services, either. Only lousy capitalists and right wingers, do that.

Why should you? You are using the social services! You aren't paying any taxes. You live in your parents basement. So of course you have no whine rights!

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

why, Protest, too much.

/——/ What moron thinks you can live in Beverly Hills making $15 an hour? Minimum wage should be $175 an hour.

 

[danielpalos]

You claim everyone will Want to Poor when they could just get a job that pays more.

We have historical examples of this very thing happening, all the way back to the pilgrims at Plymouth Rock.

Full text of "Bradford's history of Plymouth plantation, 1606-1646;"

All this whille no supply was heard of, neither knew they
when they might expecte any. So they begane to thinke how
they might raise as much come as they could, and obtaine a
beter crope then they had done, that they might not still thus
languish in miserie. At length, after much debate of things,
the Gov'' (with the advise of the cheefest amongest them)
gave way that they should set corne every man for his owne
perticuler, and in that regard trust to them selves; in all
other things to goe on in the generall way as before. And so
assigned to every family a parcell of land, according to the
proportion of their number for that end, only for present use
(but made no devission for inheritance), and ranged all boys
and youth under some familie. This had very good success;
for it made all hands very industrious, so as much more corne
was planted then other waise would have bene by any means
the Gov"" or any other could use, and saved him a great
deall of trouble, and gave farr better contente. The women
now wente wiUingly into the feild, and tooke their Utle-ons
with them to set corne, which before would aledg weaknes,
and inabihtie; whom to have compelled would have bene
thought great tiranie and oppression.

The experience that was had in this commone course and
condition, tried sundrie years, and that amongst godly and
sober men, may well evince the vanitie of that conceite of
Platos and other .ancients, applauded by some of later times;
— that the taking away of propertie, and bringing in com-

Obsolete economics technology; and, they didn't have unemployment compensation for capitalism's natural rate of unemployment. It makes all of the difference.

 

[danielpalos]

In other words, that shit you propose sucks ass. Some will be productive while others lay around and wait for their food. Eventually, everyone is slothful and no one is productive.

all you have is a fallacy of false cause.

 

[danielpalos]

The Poor can pay more in taxes and create more in demand with a higher minimum wage.

/---/ Well, open a business and pay your workers more than they are worth. No one is stopping you.

Ok. And, you won't hear me whine about the cost of social services, either. Only lousy capitalists and right wingers, do that.

Why should you? You are using the social services! You aren't paying any taxes. You live in your parents basement. So of course you have no whine rights!

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

why, Protest, too much.

/——/ What moron thinks you can live in Beverly Hills making $15 an hour? Minimum wage should be $175 an hour.

only the right wing, praise the virtues of tax cut economics in public venues.

 

[Cellblock2429]

/---/ Well, open a business and pay your workers more than they are worth. No one is stopping you.

Ok. And, you won't hear me whine about the cost of social services, either. Only lousy capitalists and right wingers, do that.

Why should you? You are using the social services! You aren't paying any taxes. You live in your parents basement. So of course you have no whine rights!

A fifteen dollar an hour minimum wage and unemployment compensation for simply being unemployed can ensure I can circulate capital, pay taxes, and create demand.

why, Protest, too much.

/——/ What moron thinks you can live in Beverly Hills making $15 an hour? Minimum wage should be $175 an hour.

only the right wing, praise the virtues of tax cut economics in public venues.

/----/ Social Media Week is a conference in which people with a lot of Twitter followers brag about how many Twitter followers they have to a room full of people with fewer Twitter followers, and the annual weeklong event’s fifth year was as successful as ever.

 

[sparky]

In other words, that shit you propose sucks ass. Some will be productive while others lay around and wait for their food. Eventually, everyone is slothful and no one is productive.

How many of you have gutted a critter for din din?

Seriously, have ANY of you been either that hungry, or have a lifestyle like i do?

But i digress, those of you who see America and it's voodoo economy as some socilaist end game might just be right.

Because when 'we the people' allow them the corporate msaters to suck all the life, liberty,and pursuit of anything past waving your flag for thier cheerleading elected lackies ,all we'll have left is the crumbs from their tables...

 

[Bootney Lee Farnsworth]

In other words, that shit you propose sucks ass. Some will be productive while others lay around and wait for their food. Eventually, everyone is slothful and no one is productive.

How many of you have gutted a critter for din din?

Seriously, have ANY of you been either that hungry, or have a lifestyle like i do?

But i digress, those of you who see America and it's voodoo economy as some socilaist end game might just be right.

Because when 'we the people' allow them the corporate msaters to suck all the life, liberty,and pursuit of anything past waving your flag for thier cheerleading elected lackies ,all we'll have left is the crumbs from their tables...

What the fuck are you spewing about?

We should be commies?

.