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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 f**e 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 f**e 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 f**e 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 f**e 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 sk**ls 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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