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Why do teapartyconservatives hate the working class?
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Mar 20, 2014 17:39:51   #
just chris
 
Duckie wrote:
Not a chance in Hell. The last time the wage was raised was in 2009, the last part of a bill passed years before. What else happened in 2009, what happened to unemployment? It went form 5 percent to 10 percent. See Bureau of Labor Statistics Data. If people were of the mindset to put money aside, then why didn't they? According to BEA National Economic Accounts, the average saving in 2004 to 2009 was 4.6 percent, in 2010 to Jan 2014, the average savings averages 2.3 percent.
Minimum wage jobs account for 2.9% of the jobs in this country and I guess your right the economic meltdown in 09 was caused by that 70 cent bump. Trying to blow up what should be a no brainer into an issue thats going to destroy the economy is not based facts it's a talking point thats unsupported.

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Mar 20, 2014 17:48:08   #
Btfkr Loc: just outside the Mile High City
 
Duckie wrote:
The right time to raise wages is when America is not trying to recover from a recession. When unemployment drops below 6 percent. The cost passed on then would not cause hardships on the entire country. Right now, we are sill at almost 7 percent (6.7) unemployed; according to the government :According to the most recent report from the Bureau of Labor Statistics, 12 million Americans were unemployed and seeking work in February, while another 885,000 weren’t looking for work because they believe no jobs are available for them." If you go to other sites that lean toward Conservatives, these numbers are much higher. But, I quote only the Liberal side because you would dismiss other data. http://www.bls.gov/eag/eag.us.htm

The thing that many people do not want to understand that big business will pass on all wage increases to the customer. That means that you will pay more for everything you buy, not limited to the gas pump, or grocery store, but in medical care, medications, transportation to include prices for vehicles, and the most mundane of services such as lawn maintenance, HOA dues, pool care..... everything to include electricity, home heating oil, wheel chairs..... name a thing and you will see the prices will go up because the demand will remain the same, the supply will remain stable, but the cost of production and the cost of employees (and this is compounded with the Obamacare mandate on employers) will go up. It is simple ECON 101. I am a high school kid, and I understand this stuff. You are an adult and you still think that this is the best time to put more burdens on the people trying to make do or companies trying to stay competitive with things made in Mexico, Indonesia, or even Japan? Create opportunities, jobs, stabilize the economy then tackle wages. One last thing, even you must see that this is a government that has only one primary concern, and a clue it is not your well being, it is to stay in DC.
The right time to raise wages is when America is n... (show quote)



Did you read the link? I'm not going to repeat anything in my first post. Yes, I'm an old fart and have lived through a few arguments about Increasing minimum wage as well as ups and downs in the economy. I have heard the same arguments over and over. When it is finally accomplished, overall the good outweighs the bad. The problems of the economy of course go way deeper than this discussion. One of the main problems is we DON"T produce anything of substance in this country any more. You seem pretty sharp, and this country's future should be more important to you than it is to me. I'll suggest a book you might get some good out of. Quick informative read. "the Failure of Lassez Faire Economics" Paul Craig Roberts.
And your right, 99% of the people in gvt don't give a rats about the common person. I know a couple I'd vote back in but no matter who they are, suffice it to say they are not wing nuts.

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Mar 20, 2014 17:55:05   #
working class stiff Loc: N. Carolina
 
Duckie wrote:
Not a chance in Hell. The last time the wage was raised was in 2009, the last part of a bill passed years before. What else happened in 2009, what happened to unemployment? It went form 5 percent to 10 percent. See Bureau of Labor Statistics Data. If people were of the mindset to put money aside, then why didn't they? According to BEA National Economic Accounts, the average saving in 2004 to 2009 was 4.6 percent, in 2010 to Jan 2014, the average savings averages 2.3 percent.


Working folks did not cause the great recession.

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Mar 20, 2014 17:55:15   #
Btfkr Loc: just outside the Mile High City
 
working class stiff wrote:
exactly.
I often wonder why they worry about capping the minimum but never capping the million dollar bonuses for executives. I guess that's non-inflationary.
Besides, there have been plenty of increases in the minimum wage and our economy was never debilitated.


INDEED! Instead of proclaiming a MINIMUM wage perhaps there should be a MAXIMUM wage! :thumbup: :thumbup: :thumbup: :thumbup: :thumbup: I days WAY gone by, the tax rate was high enough on the wealthy so that they were encouraged to REINVEST in their companies and grow them instead of giving themselves huge wages and or bonuses. Everybody was better off and there was no need for all the Government support that the right wingers hate so much now.

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Mar 20, 2014 17:56:20   #
Btfkr Loc: just outside the Mile High City
 
working class stiff wrote:
Working folks did not cause the great recession.


:thumbup: :thumbup: :thumbup: :thumbup: :thumbup: Greed at the top ring a f'ing bell?

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Mar 20, 2014 18:02:35   #
working class stiff Loc: N. Carolina
 
Btfkr wrote:
:thumbup: :thumbup: :thumbup: :thumbup: :thumbup: Greed at the top ring a f'ing bell?


Bingo....we have a winner. But blaming the working class is so much easier than coming to grips with the corporate kleptocracy.

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Mar 20, 2014 18:05:15   #
Duckie
 
I never said they did.

working class stiff wrote:
Working folks did not cause the great recession.

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Mar 20, 2014 18:06:22   #
Duckie
 
Thank you. I will find the book and read it.

Btfkr wrote:
Did you read the link? I'm not going to repeat anything in my first post. Yes, I'm an old fart and have lived through a few arguments about Increasing minimum wage as well as ups and downs in the economy. I have heard the same arguments over and over. When it is finally accomplished, overall the good outweighs the bad. The problems of the economy of course go way deeper than this discussion. One of the main problems is we DON"T produce anything of substance in this country any more. You seem pretty sharp, and this country's future should be more important to you than it is to me. I'll suggest a book you might get some good out of. Quick informative read. "the Failure of Lassez Faire Economics" Paul Craig Roberts.
And your right, 99% of the people in gvt don't give a rats about the common person. I know a couple I'd vote back in but no matter who they are, suffice it to say they are not wing nuts.
Did you read the link? I'm not going to repeat an... (show quote)

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Mar 20, 2014 18:06:23   #
Btfkr Loc: just outside the Mile High City
 
working class stiff wrote:
Bingo....we have a winner. But blaming the working class is so much easier than coming to grips with the corporate kleptocracy.



Yup SOOOO much easier. poop rolls down hill ya know.

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Mar 20, 2014 18:09:35   #
dtremaine Loc: Escondido,CA
 
Well Bo, I think you haste a goofs question that deserves an answer.

Conservatives don't hate poor folk Bo. I don't and I live on SS.

If you raise the minimum wage, prices go up to compensate. If that is so, what happens. I will curtail my spending. The fast food I go to will see less of me. If they see less of me they will see less of everybody therefore, there will less customers.

If I own the business, I must let some people go because I have less customers to cater to. That seems right doesn't it Bo.

If the owner doesn't let people go, he will begin to cut hours people work. Who is to gain from any of the above. NOBODY.

You say, well somebody will gain more money, but they really don't because they in turn pay higher prices and that is called inflation. There are millions of people, older poor people who live on fixed incomes. They cannot compensate at all. All they do is loose. That is not fair to them, so everybody must learn to life within their incomes and try to improve their situations some other way.

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Mar 20, 2014 18:10:12   #
Retired669
 
working class stiff wrote:
Working folks did not cause the great recession.


:thumbup: :thumbup: :thumbup: :thumbup: :thumbup:

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Mar 20, 2014 18:10:14   #
Btfkr Loc: just outside the Mile High City
 
Duckie wrote:
Thank you. I will find the book and read it.


Your welcome! Might only be in ebook. Amazon 4 sure, or from his web sight. Might be able to check it out from a good library? I don't agree with everything he says, but this book in particular I got a lot out of. BTW he's not a left or a right wing nut either.

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Mar 20, 2014 18:10:40   #
working class stiff Loc: N. Carolina
 
Duckie wrote:
I never said they did.


No, you are right. You never said it outright and perhaps I read too much into your post.

I do see that you are posting quite reasonably, so....thank you and sorry.

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Mar 20, 2014 18:11:49   #
Duckie
 
Whatever. I bet that you are one of those people that stayed or is in an entry level job. I understand your position. An increase in pay looks real good especially when you live from pay check to pay check. It is tough making the money spread over all the bills and obligations. I feel your pain. You have dismissed me, well people often dismiss those who have a different view. I provided you my references, not from Conservative point of view, but from your parties' point of view; the US government that is well known for not wanting to scare the population because they think we are too stupid to see the handwriting on the wall. Perhaps they are right, most jackasses when led by a carrot on the string only focus on that carrot and nothing else. Good luck!

just chris wrote:
Minimum wage jobs account for 2.9% of the jobs in this country and I guess your right the economic meltdown in 09 was caused by that 70 cent bump. Trying to blow up what should be a no brainer into an issue thats going to destroy the economy is not based facts it's a talking point thats unsupported.

Reply
Mar 20, 2014 18:14:30   #
Duckie
 
No apology necessary. I did not even try to imply that it was the working class that caused our problems. But, I will not go into that again. I have wasted enough time on people who are really quite unreasonable and do not want to see anything other than what they see and hear on TV.

working class stiff wrote:
No, you are right. You never said it outright and perhaps I read too much into your post.

I do see that you are posting quite reasonably, so....thank you and sorry.

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