Since: Mar 10

Location hidden

#66954 Feb 14, 2013
Nuh wrote:
<quoted text>
Upping the minimum wage is a good thought, but in practice, it makes everything go up in cost, because business has to keep the same level of profits.
Some places will just go out of business because there becomes no way to make a profit at all when the wage hike hits. Still others will cut hours to limit expenses and then they dodge the health care mandate to help save money. In the end everyone gets screwed by this.
Here's a basic formula:
Increase in Min wage = Increase inflation = increase in tax collections = decrease in employement = decrease in taxes.
And another:
Increase employement = increase in income = increase in spending = increase in taxes = increase in inflation that is more sustainable.
*some varibles are just left out...said it was basic
Are you advocating that the minimum wage remain static indefinitely without ever taking generational inflation into consideration? If so, it would remain at the initial 1938 level of $0.25/hr.
pauper

Livingston, TN

#66955 Feb 14, 2013
The Original Amused wrote:
<quoted text>
Are you advocating that the minimum wage remain static indefinitely without ever taking generational inflation into consideration? If so, it would remain at the initial 1938 level of $0.25/hr.
The minimum wage should be $10.00 an hour.
joe

Bellevue, WA

#66956 Feb 14, 2013
please be on the look out for sual stanley and harry small these two like preying on the old with their paving scames.and like going back robbing them or their homes.i know they have killed three old women by going in their homes robbing them.the law should really look at this two.follow them any day and your catch them in the act.
Nuh

South Pittsburg, TN

#66957 Feb 14, 2013
The Original Amused wrote:
<quoted text>
Are you advocating that the minimum wage remain static indefinitely without ever taking generational inflation into consideration? If so, it would remain at the initial 1938 level of $0.25/hr.
I actually believe the minimum wage is a farce...but its existence at all is an argument for another time.

Research by economists David Neumark of the University of California, Irvine, William Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows that that minimum wages increase poverty and hence poverty reduction certainly shouldn’t be expected as a benefit of raising the minimum wage.

That’s because, contrary to common belief, the relationship between low wages and poverty is extremely weak. According to 20 years of research - worldwide - Neumark wrote:“The principal sources of an individual’s higher earnings are more schooling and the accumulation of experience and skills in the labor market,” both of which are discouraged by increases in the minimum wage."
He goes on, "I doubt there is ever a good time to raise the minimum wage... the negative consequences are worse when unemployment is high.

The bulk of the evidence — from scores of studies, using data mainly from the U.S. but also from many other countries — clearly shows that minimum wages reduce employment of young, low-skilled people.”

Here is a link to the book:
http://www.amazon.com/Minimum-Wages-David-Neu...
Nuh

South Pittsburg, TN

#66958 Feb 14, 2013
pauper wrote:
<quoted text>
The minimum wage should be $10.00 an hour.
Don't short-change yourself.

Again, it should be $1,000.00 an hour - that way everybody can be rich.
Truth Detector

Jamestown, TN

#66959 Feb 14, 2013
pauper wrote:
<quoted text>
The minimum wage should be $10.00 an hour.
You can't live on $10 an hour. If raising the minimum wage will fix everything, why not just make it $50 and hour?

If you wanna fix poverty, FIX it.

As a matter of fact, why not change it's name from minimum wage to NATIONAL wage. Everyone gets $100 an hour, no matter what you do. Doctors get the same as burger flippers. Teachers get the same as custodians. And Wall Streeters all get $100 an hour. Actors?$100 an hour.

Fair is fair. No more income inequality. No more wealth inequality, and everyone making a living wage.
Nuh

South Pittsburg, TN

#66960 Feb 14, 2013
Truth Detector wrote:
<quoted text>
You can't live on $10 an hour. If raising the minimum wage will fix everything, why not just make it $50 and hour?
If you wanna fix poverty, FIX it.
As a matter of fact, why not change it's name from minimum wage to NATIONAL wage. Everyone gets $100 an hour, no matter what you do. Doctors get the same as burger flippers. Teachers get the same as custodians. And Wall Streeters all get $100 an hour. Actors?$100 an hour.
Fair is fair. No more income inequality. No more wealth inequality, and everyone making a living wage.
Jeder nach seinen Fähigkeiten, jedem nach seinen Bedürfnissen!
WILLARD

Dunlap, TN

#66961 Feb 14, 2013
Nuh wrote:
Well, from what I've seen, here's as good an assessment as any...and it involves water:
Rubio: drinking water.
Obama: treading water.
MSM: carrying water.
Americans: underwater
Thanks, I needed this! LMAO
WILLARD

Dunlap, TN

#66962 Feb 14, 2013
Nuh wrote:
<quoted text>
I actually believe the minimum wage is a farce...but its existence at all is an argument for another time.
Research by economists David Neumark of the University of California, Irvine, William Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows that that minimum wages increase poverty and hence poverty reduction certainly shouldn’t be expected as a benefit of raising the minimum wage.
That’s because, contrary to common belief, the relationship between low wages and poverty is extremely weak. According to 20 years of research - worldwide - Neumark wrote:“The principal sources of an individual’s higher earnings are more schooling and the accumulation of experience and skills in the labor market,” both of which are discouraged by increases in the minimum wage."
He goes on, "I doubt there is ever a good time to raise the minimum wage... the negative consequences are worse when unemployment is high.
The bulk of the evidence — from scores of studies, using data mainly from the U.S. but also from many other countries — clearly shows that minimum wages reduce employment of young, low-skilled people.”
Here is a link to the book:
http://www.amazon.com/Minimum-Wages-David-Neu...
Thanks Nuh, excellent post.
Dunlapian

Dunlap, TN

#66963 Feb 14, 2013
Nuh wrote:
<quoted text>
I actually believe the minimum wage is a farce...but its existence at all is an argument for another time.
Research by economists David Neumark of the University of California, Irvine, William Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows that that minimum wages increase poverty and hence poverty reduction certainly shouldn’t be expected as a benefit of raising the minimum wage.
That’s because, contrary to common belief, the relationship between low wages and poverty is extremely weak. According to 20 years of research - worldwide - Neumark wrote:“The principal sources of an individual’s higher earnings are more schooling and the accumulation of experience and skills in the labor market,” both of which are discouraged by increases in the minimum wage."
He goes on, "I doubt there is ever a good time to raise the minimum wage... the negative consequences are worse when unemployment is high.
The bulk of the evidence — from scores of studies, using data mainly from the U.S. but also from many other countries — clearly shows that minimum wages reduce employment of young, low-skilled people.”
Here is a link to the book:
http://www.amazon.com/Minimum-Wages-David-Neu...
Nuh, I believe you really have good intensions, but when Mr. Neumark spoke of 20 years of research - worldwide......I stopped right there, and thought to myself just where did he go in those 20 years?
I myself have seen poverty all over the world and the poor being taken advantage of with the cheapest of labor.
Hey

Cookeville, TN

#66964 Feb 14, 2013
Truth Detector wrote:
<quoted text>
You can't live on $10 an hour. If raising the minimum wage will fix everything, why not just make it $50 and hour?
If you wanna fix poverty, FIX it.
As a matter of fact, why not change it's name from minimum wage to NATIONAL wage. Everyone gets $100 an hour, no matter what you do. Doctors get the same as burger flippers. Teachers get the same as custodians. And Wall Streeters all get $100 an hour. Actors?$100 an hour.
Fair is fair. No more income inequality. No more wealth inequality, and everyone making a living wage.
What? Wall Streeters at %100 dollars an hour? Most Wall Streeters belong in prison.

Since: Mar 10

Location hidden

#66965 Feb 14, 2013
Nuh wrote:
<quoted text>
I actually believe the minimum wage is a farce...but its existence at all is an argument for another time.
Research by economists David Neumark of the University of California, Irvine, William Wascher of the Federal Reserve Board, and Mark Schweitzer of the Cleveland Fed shows that that minimum wages increase poverty and hence poverty reduction certainly shouldn’t be expected as a benefit of raising the minimum wage.
That’s because, contrary to common belief, the relationship between low wages and poverty is extremely weak. According to 20 years of research - worldwide - Neumark wrote:“The principal sources of an individual’s higher earnings are more schooling and the accumulation of experience and skills in the labor market,” both of which are discouraged by increases in the minimum wage."
He goes on, "I doubt there is ever a good time to raise the minimum wage... the negative consequences are worse when unemployment is high.
The bulk of the evidence — from scores of studies, using data mainly from the U.S. but also from many other countries — clearly shows that minimum wages reduce employment of young, low-skilled people.”
Here is a link to the book:
http://www.amazon.com/Minimum-Wages-David-Neu...
I fail to see the logic in the notion that minimal increases in the minimum wage magically cause even a plurality of citizens to decide they don't want to do any better than the bare minimum. I just can't understand how minimum wage eliminates the inherent desire for advancing one's personal level of (if nothing else) wealth accumulation and, subsequently, the ability to own more "stuff."
Hey

Cookeville, TN

#66966 Feb 14, 2013
Whoops $
Hey

Cookeville, TN

#66967 Feb 14, 2013
Stop Trade Deficit Massive Job & Tax Loses
http://citizensforequaltrade.org/CET%Petition...
Nuh

South Pittsburg, TN

#66968 Feb 14, 2013
The Original Amused wrote:
<quoted text>
I fail to see the logic in the notion that minimal increases in the minimum wage magically cause even a plurality of citizens to decide they don't want to do any better than the bare minimum. I just can't understand how minimum wage eliminates the inherent desire for advancing one's personal level of (if nothing else) wealth accumulation and, subsequently, the ability to own more "stuff."
I agree to at least some of this OA - in that I can't understand why one wouldn't have the desire to advance one's personal level...One with any ambition at all would want to succeed - and do whatever is needed to do so.

However, as an employer I've seen many people of all ages and races that their whole desire is to do just enough for them - nothing more. They make minimum wage, if they work at all, and they have no desire or ability to ever rise above that level. They hop from job to job, and rely on the government (i.e. taxpayers) to support them between jobs.

That's not a 'safety net' to help protect poor or underprivileged giving them a 'hand-up'. That's a personal decision to remain where they are with their hands out.

Since: Feb 13

Location hidden

#66969 Feb 14, 2013
"FreedonWorks Made Video Of Fake Giant Panda Having Sex With Fake Hillary Clinton."

("The Investigation at the influential Tea Party Group could get weird.")

Click here:
http://www.motherjones.com/politics/2013/02/p...
Begging

Knoxville, TN

#66970 Feb 14, 2013
Please remove this post...the election is long since over..this is so boring..
Yeah right

Scottsville, KY

#66971 Feb 14, 2013
Forget asking that the thread be taken down.

Topix, makes money with every page hit. This one is a real money maker for them.

If you don't like it. Don't look at it.
Really Sassy

Johnson City, TN

#66972 Feb 14, 2013
Mississippi Gurl wrote:
We need to name the MG and friends thread. What`cha think?
I think you are an IDIOT, a stupid friggen piece of dog shit, and what dame friends would that be of yours, you dont have any! What low-lifes that did hang with ya, you stole from and the rest you cheated them on there drugs and drank all there beer. Stupid piece of shit. Why dont you start that thread, the only ones posting would be YOU with different names, you dont fool anyone. Do the world a favor, OD.
WILLARD

Dunlap, TN

#66973 Feb 14, 2013
SexySassySenior wrote:
"FreedonWorks Made Video Of Fake Giant Panda Having Sex With Fake Hillary Clinton."
("The Investigation at the influential Tea Party Group could get weird.")
Click here:
http://www.motherjones.com/politics/2013/02/p...
I can guarantee you the "Hillary" in this account must be fake, or the bear is completely nuts! As an avid outdoorsman, I can speak authoritatively here..Bears have never been known to become this all all desparate, not even in spring after not bear-hugging a mama bear for months! Also in evidence here, the only hillary we've ever known has ALWAYS been a complete fake, and would be no more capable of attracting a bear in the woods than she was her husband in the oval office! Even with an executive order, Hillary could never convince the bear unless he had been eating enough firmented fruits and berries to become disrespectfully sh/t-faced! Save the money, don't waste an investigation on the obvious! This is all stupid b.s.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Greeneville Discussions

Title Updated Last By Comments
I'm back! 17 min Really 9
Anybody ever axe you for help? 32 min Word 1
fun thing to do ***Keep a Word~Drop a Word*** (Sep '10) 38 min Agnus 7,798
cook out burgers 1 hr Pretend 2 B Normal 20
Why are Mexican kids so loud? (Sep '10) 1 hr clemmanna 104
Devil got hold on Presbyterians Now 3 hr Kohlrabi 19
Greene County parents must read! 4 hr Concerned Deeply 2
More from around the web

Greeneville People Search

Addresses and phone numbers for FREE

Personal Finance

Mortgages [ See current mortgage rates ]