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Wage Hikes Hurt Employment and Income Growth
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Jan 1, 2015 09:33:21   #
petertimber
 
Study says that the minimum wage hikes had negative impacts on employment, increases and income growth. Will tips dip down to 10% as prices increase?

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Jan 1, 2015 11:29:58   #
Jerry A. Loc: California
 
petertimber wrote:
Study says that the minimum wage hikes had negative impacts on employment, increases and income growth. Will tips dip down to 10% as prices increase?


Federal deficit and inflation had a negative impacts on the economy of U.S. and the devaluation of the fake U.S. dollar paper printed daily by the U.S. Federal Reserve Bank with no buying power.

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Jan 1, 2015 11:29:58   #
Jerry A. Loc: California
 
petertimber wrote:
Study says that the minimum wage hikes had negative impacts on employment, increases and income growth. Will tips dip down to 10% as prices increase?


Federal deficit and inflation had a negative impacts on the economy of U.S. and the devaluation of the fake U.S. dollar paper printed daily by the U.S. Federal Reserve Bank with no buying power.

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Jan 1, 2015 11:41:56   #
buffalo Loc: Texas
 
petertimber wrote:
Study says that the minimum wage hikes had negative impacts on employment, increases and income growth. Will tips dip down to 10% as prices increase?


So let's lower the already ridiculously low minimum wage and see what the does. The minimum wage in 1968 was $1.60/hour. To have the same purchasing power that wage had then, the minimum wage needs to be $10.51/hour just adjusted for inflation caused by the federal reserves continued devaluation of the dollar and printing trillions of fiat currency.
My propagandized sources show a different result.

http://www.raisetheminimumwage.com/pages/job-loss

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Jan 1, 2015 11:43:10   #
buffalo Loc: Texas
 
Jerry A. wrote:
Federal deficit and inflation had a negative impacts on the economy of U.S. and the devaluation of the fake U.S. dollar paper printed daily by the U.S. Federal Reserve Bank with no buying power.


But it helps the rich 1%, some are part of the Federal Reserve and politicians. Fuck the little people.

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Jan 1, 2015 11:43:10   #
buffalo Loc: Texas
 
Jerry A. wrote:
Federal deficit and inflation had a negative impacts on the economy of U.S. and the devaluation of the fake U.S. dollar paper printed daily by the U.S. Federal Reserve Bank with no buying power.


But it helps the rich 1%, some are part of the Federal Reserve and politicians. Fuck the little people.

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Jan 1, 2015 12:25:13   #
petertimber
 
From my point of view as a consumer, I will reduce spending and lower my tip to make up MY LOSS since most thinking people follow the time honored adage BUY IT NEW-USE IT OUT-MAKE IT DO-DO WITHOUT

Spending less than you earn is the philosophers stone!

Results: surplus cash for savings, investing to make up for inflation, pay 50% toward for your daughters wedding.

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Jan 1, 2015 12:34:30   #
VladimirPee
 
WASHINGTON — President Obama's call to raise the federal minimum wage could help lift 900,000 workers out of poverty, but at a cost of as many as 500,000 jobs, according to an analysis released today by the non-partisan Congressional Budget Office.

http://www.usatoday.com/story/news/politics/2014/02/18/cbo-minimum-wage-jobs/5582779/



buffalo wrote:
So let's lower the already ridiculously low minimum wage and see what the does. The minimum wage in 1968 was $1.60/hour. To have the same purchasing power that wage had then, the minimum wage needs to be $10.51/hour just adjusted for inflation caused by the federal reserves continued devaluation of the dollar and printing trillions of fiat currency.
My propagandized sources show a different result.

http://www.raisetheminimumwage.com/pages/job-loss

Reply
Jan 1, 2015 12:34:32   #
dennisimoto Loc: Washington State (West)
 
Eliminate the artificial minimum wage entirely. "Here's a job. It pays $7.50 an hour with no benefits. There are no skills required; no experience necessary. You want it?"

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Jan 1, 2015 12:38:10   #
petertimber
 
If you want to eat grab it! Free enterprise keeps the tree dwellers from descending!

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Jan 1, 2015 21:31:06   #
Jerry A. Loc: California
 
petertimber wrote:
Study says that the minimum wage hikes had negative impacts on employment, increases and income growth. Will tips dip down to 10% as prices increase?


The U.S. dollar paper has no buying power, the cost of living in U.S. increased and nobody can pay for rent/mortgage, food, utilities, gasoline, medical care, and basic necessities working for the minimum salary without pension and benefits. The study you talking about are full of lies.

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Jan 1, 2015 21:33:57   #
Jerry A. Loc: California
 
petertimber wrote:
If you want to eat grab it! Free enterprise keeps the tree dwellers from descending!


Petertimber: Do you know what you are talking about. doesn't make sense.

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Jan 1, 2015 21:35:28   #
Jerry A. Loc: California
 
petertimber wrote:
If you want to eat grab it! Free enterprise keeps the tree dwellers from descending!


What you said doesn't make sense.

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Jan 1, 2015 21:36:38   #
Jerry A. Loc: California
 
petertimber wrote:
If you want to eat grab it! Free enterprise keeps the tree dwellers from descending!


Again the same stupidity in the Political Forum.

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Jan 1, 2015 21:36:38   #
Jerry A. Loc: California
 
petertimber wrote:
If you want to eat grab it! Free enterprise keeps the tree dwellers from descending!


Again the same stupidity in the Political Forum.

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