The flaw of capitalism is Income inequality

[westwall]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

End illegal immigration which creates a secondary wage system and you will see wages increase as employers can't find workers to do the jobs. It's as simple as that.

 

[Correll]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

wages increase because of competition for the supply of labor. If productivity increases, then businesses will use their extra profits to bid up the price of labor since they can earn more by hiring more people. They don't maximize their profits by keeping wages low.

For the last 15 years, wages have remained constant because the USA has been importing cheap labor from third world countries. More labor competing for the same number of jobs means lower wages. It's as simple as that.

The minimum wage has nothing to do with it. Socializing the economy is what will cause economic collapse. Socialism has never worked, and it never will.

What are we importing exactly? 10s of thousands?

Oh and productivity in the lower classes has skyrocketed in the last few decades yet wages have remained flat. These are facts.

We have imported tens of millions of Third World workers.

Increased supply leads do decreased price, ie wages.

 

[westwall]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

Okay you want to raise the minimum wage.. bad idea, but okay. What else do you mean by more "socialization"?

Keeping wages up to date with inflation. Fixing our infrastructure system that will create millions of jobs for the middle class.

How do you plan on keeping wages up to inflation?

By forcing the minimum wage to be kept up do date. This would however require a long drawn out process that would take years.

All a minimum wage does is increase inflation. You need to get a clue, dude.

 

[SassyIrishLass]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

MOTIVATION IN THE LOWER CLASSES HAVE REMAINED STAGNANT.

SOLUTION : ABOLISH THE WELFARE STATE

YOU DON'T WANT LOW WAGES ? LEARN A MARKETABLE SKILL AND STOP DEMANDING THAT THE FASCIST STATE REGULATE CORPORATIONS AND ABOLISH CONFISCATORY TAXATION.


.

What exactly is your solution to these people learning new skills if they can't afford the education for it? 18 million people make less than 10.00 per hour. How many more do you think make less than 15 and have kids?

You've hit on the problem, plan your life, don't have kids you can't afford, anyone can get loans to go to school. Nobody owes someone that isn't qualified $15 bucks an hour

 

[bripat9643]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

wages increase because of competition for the supply of labor. If productivity increases, then businesses will use their extra profits to bid up the price of labor since they can earn more by hiring more people. They don't maximize their profits by keeping wages low.

For the last 15 years, wages have remained constant because the USA has been importing cheap labor from third world countries. More labor competing for the same number of jobs means lower wages. It's as simple as that.

The minimum wage has nothing to do with it. Socializing the economy is what will cause economic collapse. Socialism has never worked, and it never will.

What are we importing exactly? 10s of thousands?

Oh and productivity in the lower classes has skyrocketed in the last few decades yet wages have remained flat. These are facts.

As I already explained, wages are flat because we are importing cheap labor from third world countries. This goes especially for the H1-B coolies who take STEM jobs from American college graduates.

 

[Correll]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

End illegal immigration which creates a secondary wage system and you will see wages increase as employers can't find workers to do the jobs. It's as simple as that.

Legal immigration is just as bad, if not worse.

As long as the supply of labor is effectively infinite there is no need to increase wages.

 

[saveliberty]

You want to create more income you say? Okay, I can help. Take a portion of your income and invest it in stocks of corporations. Now you can collect dividends and capital appreciation. Basically you create income off the labors of the company employees.

 

[Billy000]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

MOTIVATION IN THE LOWER CLASSES HAVE REMAINED STAGNANT.

SOLUTION : ABOLISH THE WELFARE STATE

YOU DON'T WANT LOW WAGES ? LEARN A MARKETABLE SKILL AND STOP DEMANDING THAT THE FASCIST STATE REGULATE CORPORATIONS AND ABOLISH CONFISCATORY TAXATION.


.

What exactly is your solution to these people learning new skills if they can't afford the education for it? 18 million people make less than 10.00 per hour. How many more do you think make less than 15 and have kids?

You've hit on the problem, plan your life, don't have kids you can't afford, anyone can get loans to go to school. Nobody owes someone that isn't qualified $15 bucks an hour

Who decides what 15 is worth exactly? You do understand inflation right? Do you know what 15 per hour pays for now?

 

[Billy000]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

wages increase because of competition for the supply of labor. If productivity increases, then businesses will use their extra profits to bid up the price of labor since they can earn more by hiring more people. They don't maximize their profits by keeping wages low.

For the last 15 years, wages have remained constant because the USA has been importing cheap labor from third world countries. More labor competing for the same number of jobs means lower wages. It's as simple as that.

The minimum wage has nothing to do with it. Socializing the economy is what will cause economic collapse. Socialism has never worked, and it never will.

What are we importing exactly? 10s of thousands?

Oh and productivity in the lower classes has skyrocketed in the last few decades yet wages have remained flat. These are facts.

As I already explained, wages are flat because we are importing cheap labor from third world countries. This goes especially for the H1-B coolies who take STEM jobs from American college graduates.

Do you really think employers give a shit WHO is working for them? Being a red blooded American is not going to get you a higher wage than some foreigner.

 

[Ray From Cleveland]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

Okay you want to raise the minimum wage.. bad idea, but okay. What else do you mean by more "socialization"?

Keeping wages up to date with inflation. Fixing our infrastructure system that will create millions of jobs for the middle class.

How do you plan on keeping wages up to inflation?

By forcing the minimum wage to be kept up do date. This would however require a long drawn out process that would take years.

Your plan would be a failure.

You can't change an economy of 320 million people by concentrating on one sector. This is why the Stimulus plan was a complete failure.

Minimum wage workers represent less than 3% of our population. Many that work minimum wage jobs are kids and the elderly that have nothing better to do. Even if you raise minimum wage, it would still be the minimum wage.

My industry has over 46,000 jobs that will be open this year, but we can't find Americans willing to work those jobs. Our social programs have become so generous that it's often better to stay on them than it is to work.

Take more money from the wealthy. Yeah, that's the ticket, and where would that money go? To the government. And what would government do with that extra money? Create more social programs.

 

[Billy000]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

Okay you want to raise the minimum wage.. bad idea, but okay. What else do you mean by more "socialization"?

Keeping wages up to date with inflation. Fixing our infrastructure system that will create millions of jobs for the middle class.

How do you plan on keeping wages up to inflation?

By forcing the minimum wage to be kept up do date. This would however require a long drawn out process that would take years.

All a minimum wage does is increase inflation. You need to get a clue, dude.

Not if it is indexed. Small businesses may get fucked over and there will be initial job loss, but over time consumer spending will increase and jobs will be created.

 

[Correll]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

wages increase because of competition for the supply of labor. If productivity increases, then businesses will use their extra profits to bid up the price of labor since they can earn more by hiring more people. They don't maximize their profits by keeping wages low.

For the last 15 years, wages have remained constant because the USA has been importing cheap labor from third world countries. More labor competing for the same number of jobs means lower wages. It's as simple as that.

The minimum wage has nothing to do with it. Socializing the economy is what will cause economic collapse. Socialism has never worked, and it never will.

What are we importing exactly? 10s of thousands?

Oh and productivity in the lower classes has skyrocketed in the last few decades yet wages have remained flat. These are facts.

As I already explained, wages are flat because we are importing cheap labor from third world countries. This goes especially for the H1-B coolies who take STEM jobs from American college graduates.

Do you really think employers give a shit WHO is working for them? Being a red blooded American is not going to get you a higher wage than some foreigner.

Wow.


YOu just demonstrated that you don't understand the Law of Supply and Demand.

 

[Remodeling Maidiac]

Protip #1

McDonald's is NOT a career choice it is a kids job

A kid's jo? The average fast food worker is 29 years old. Why? Because in today's economy low wage jobs greatly outnumber higher wage jobs. People take what they can get you wanker.

Wrong again DUMB ****

People take the kids jobs because they were too stupid to get an education beyond the 9th grade and a CHILD'S job is all they're qualified for.

 

[Billy000]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

Okay you want to raise the minimum wage.. bad idea, but okay. What else do you mean by more "socialization"?

Keeping wages up to date with inflation. Fixing our infrastructure system that will create millions of jobs for the middle class.

How do you plan on keeping wages up to inflation?

By forcing the minimum wage to be kept up do date. This would however require a long drawn out process that would take years.

Your plan would be a failure.

You can't change an economy of 320 million people by concentrating on one sector. This is why the Stimulus plan was a complete failure.

Minimum wage workers represent less than 3% of our population. Many that work minimum wage jobs are kids and the elderly that have nothing better to do. Even if you raise minimum wage, it would still be the minimum wage.

My industry has over 46,000 jobs that will be open this year, but we can't find Americans willing to work those jobs. Our social programs have become so generous that it's often better to stay on them than it is to work.

Take more money from the wealthy. Yeah, that's the ticket, and where would that money go? To the government. And what would government do with that extra money? Create more social programs.

3% make up the FEDERAL WAGE. 18 million people make less than 10 per hour. How many more make less than 15 and have kids? Don't you think that's a problem?

 

[SassyIrishLass]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

MOTIVATION IN THE LOWER CLASSES HAVE REMAINED STAGNANT.

SOLUTION : ABOLISH THE WELFARE STATE

YOU DON'T WANT LOW WAGES ? LEARN A MARKETABLE SKILL AND STOP DEMANDING THAT THE FASCIST STATE REGULATE CORPORATIONS AND ABOLISH CONFISCATORY TAXATION.


.

What exactly is your solution to these people learning new skills if they can't afford the education for it? 18 million people make less than 10.00 per hour. How many more do you think make less than 15 and have kids?

You've hit on the problem, plan your life, don't have kids you can't afford, anyone can get loans to go to school. Nobody owes someone that isn't qualified $15 bucks an hour

Who decides what 15 is worth exactly? You do understand inflation right? Do you know what 15 per hour pays for now?

There isn't a fast food worker out there worth 15 bucks an hours, that's just a fact. You can force a fast food joint to pay that and two things will happen, prices will go through the roof and/or the business will go under. We're already seeing it where it's being done. The other option is they will automate such as kisoks and point of order/sale automation eliminating the jobs.

 

[Correll]

Okay you want to raise the minimum wage.. bad idea, but okay. What else do you mean by more "socialization"?

Keeping wages up to date with inflation. Fixing our infrastructure system that will create millions of jobs for the middle class.

How do you plan on keeping wages up to inflation?

By forcing the minimum wage to be kept up do date. This would however require a long drawn out process that would take years.

All a minimum wage does is increase inflation. You need to get a clue, dude.

Not if it is indexed. Small businesses may get fucked over and there will be initial job loss, but over time consumer spending will increase and jobs will be created.

If our trade polices remain the same, that consumer spending will lead to jobs in China, not here.

 

[Ray From Cleveland]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

MOTIVATION IN THE LOWER CLASSES HAVE REMAINED STAGNANT.

SOLUTION : ABOLISH THE WELFARE STATE

YOU DON'T WANT LOW WAGES ? LEARN A MARKETABLE SKILL AND STOP DEMANDING THAT THE FASCIST STATE REGULATE CORPORATIONS AND ABOLISH CONFISCATORY TAXATION.


.

What exactly is your solution to these people learning new skills if they can't afford the education for it? 18 million people make less than 10.00 per hour. How many more do you think make less than 15 and have kids?

You've hit on the problem, plan your life, don't have kids you can't afford, anyone can get loans to go to school. Nobody owes someone that isn't qualified $15 bucks an hour

Who decides what 15 is worth exactly? You do understand inflation right? Do you know what 15 per hour pays for now?

You are only worth as much as the next person willing to do your job.

 

[Billy000]

Protip #1

McDonald's is NOT a career choice it is a kids job

A kid's jo? The average fast food worker is 29 years old. Why? Because in today's economy low wage jobs greatly outnumber higher wage jobs. People take what they can get you wanker.

Wrong again DUMB ****

People take the kids jobs because they were too stupid to get an education beyond the 9th grade and a CHILD'S job is all they're qualified for.

You're just making shit up as you go along. You have no idea who these people are. Completing high school means jack shit in today's economy.

 

[SassyIrishLass]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

MOTIVATION IN THE LOWER CLASSES HAVE REMAINED STAGNANT.

SOLUTION : ABOLISH THE WELFARE STATE

YOU DON'T WANT LOW WAGES ? LEARN A MARKETABLE SKILL AND STOP DEMANDING THAT THE FASCIST STATE REGULATE CORPORATIONS AND ABOLISH CONFISCATORY TAXATION.


.

What exactly is your solution to these people learning new skills if they can't afford the education for it? 18 million people make less than 10.00 per hour. How many more do you think make less than 15 and have kids?

You've hit on the problem, plan your life, don't have kids you can't afford, anyone can get loans to go to school. Nobody owes someone that isn't qualified $15 bucks an hour

Who decides what 15 is worth exactly? You do understand inflation right? Do you know what 15 per hour pays for now?

You are only worth as much as the next person willing to do your job.

THAT^^^^^^

 

[Ray From Cleveland]

Conservatives answer this question: wages in the lower classes have remained stagnant for DECADES. What is the incentive for businesses to pay more if they can maximize their profits by keeping wages low? Corporate profits are already at an an all time high.

The ONLY way to boost wages for the poor is by raising the minimum wage. History has shown this to be true. More socialization in our private economy is the only way to save the middle class and keep the poor class from expanding. Eventually, the top heavy economy will cause a collapse from a lack of sufficient consumer spending.

Do I want to end the private market? Of course not. I just understand the need for government intervention and regulation.

wages increase because of competition for the supply of labor. If productivity increases, then businesses will use their extra profits to bid up the price of labor since they can earn more by hiring more people. They don't maximize their profits by keeping wages low.

For the last 15 years, wages have remained constant because the USA has been importing cheap labor from third world countries. More labor competing for the same number of jobs means lower wages. It's as simple as that.

The minimum wage has nothing to do with it. Socializing the economy is what will cause economic collapse. Socialism has never worked, and it never will.

What are we importing exactly? 10s of thousands?

Oh and productivity in the lower classes has skyrocketed in the last few decades yet wages have remained flat. These are facts.

As I already explained, wages are flat because we are importing cheap labor from third world countries. This goes especially for the H1-B coolies who take STEM jobs from American college graduates.

Do you really think employers give a shit WHO is working for them? Being a red blooded American is not going to get you a higher wage than some foreigner.

It will if some foreigner isn't here in the first place.