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re: Gavin Newsom’s ambitious plan to cut poverty in California
Posted on 1/12/19 at 1:21 pm to TOKEN
Posted on 1/12/19 at 1:21 pm to TOKEN
I love this guy's way of thinking! It is a proven fact that raising taxes has cured the poverty problem in many countries! Antartica has a ZERO PERCENT poverty rate!
This post was edited on 1/12/19 at 1:23 pm
0
Posted on 1/12/19 at 1:23 pm to 03GeeTee
quote:
How is this possible? I made more money than that when I was in high school working part time flipping burgers.
You'd have to be working 10-15 hours a week at pretty low wages
Posted on 1/12/19 at 1:23 pm to TOKEN
I don't care. It's wealth redistribution and will not help anything but stringing the unambitious along. Acclimating people to a meager existence is nothing to crow about.
Posted on 1/12/19 at 1:26 pm to Blizzard of Chizz
quote:
Raising the minimum wage is not going to help the poor and the lazy. You know why? Because when you raise the cost of production, the cost of goods and services also rises.
This is a stale and extremely stupid argument
The amount that products will increase in cost is not proportional to the minimum wage
Anyone who has the ability to think for themselves can figure out why pretty quickly
Posted on 1/12/19 at 1:28 pm to Powerman
quote:
You'd have to be working 10-15 hours a week at pretty low wages
And if both kids are at school
what excuse does a person have for working less than 2 days a week? You honestly have to really work at it to be this incredibly lazy. Call me heartless, but I have absolutely zero sympathy for leeches like this. It’s simply punishing the people who actually work and rewarding the unproductive dregs of society. Posted on 1/12/19 at 1:29 pm to Powerman
quote:
The amount that products will increase in cost is not proportional to the minimum wage
He didn't say it would.
Posted on 1/12/19 at 1:29 pm to Blizzard of Chizz
quote:
And if both kids are at school
Maybe they aren't?
Posted on 1/12/19 at 1:31 pm to RogerTheShrubber
quote:
He didn't say it would.
Well if it doesn't then he has no fricking point genius
Posted on 1/12/19 at 1:31 pm to TOKEN
Gavin newsome is a Santa Clara grad. I fear he is diminishing the value of my degree.
Posted on 1/12/19 at 1:32 pm to BBONDS25
quote:
I fear he is diminishing the value of my degree.
Can't do any worse than you are
Posted on 1/12/19 at 1:34 pm to Powerman
The only experience I have with minimum wage is one of my companies. We offer 12 dollars an hour for unskilled labor. That goes quickly to 15 if you are with us for 6 months. I am constantly looking for new employees. I cannot keep a full staff at 15 an hour. Minimum wage is not the problem.
Posted on 1/12/19 at 1:36 pm to Powerman
quote:
This is a stale and extremely stupid argument
The amount that products will increase in cost is not proportional to the minimum wage
Is it now? So according to you if I’m a business owner and my costs of production increases due to forced wage increases, I will not pass along those costs to consumers?
Where in fantasy land do you live that it costs more to create goods and services but prices don’t increase? If everyone is making 7 dollars an hour, and suddenly everyone is making 15 an hour, prices don’t stay at the 7 dollars an hour level. That’s economics 101Posted on 1/12/19 at 1:37 pm to Powerman
quote:. Humorous
Can't do any worse than you are
Posted on 1/12/19 at 1:38 pm to 03GeeTee
quote:
a single mom of two who only makes $7,300 a year
quote:
How is this possible? I made more money than that when I was in high school working part time flipping burgers.
Because it really means
quote:
a single mom of two who only reports $7,300 a year
Posted on 1/12/19 at 1:39 pm to Powerman
quote:
Well if it doesn't then he has no fricking point genius
Sure he does?
Wages will cause a rise in prices. It varies greatly product to product
Posted on 1/12/19 at 1:43 pm to Blizzard of Chizz
quote:
If everyone is making 7 dollars an hour, and suddenly everyone is making 15 an hour, prices don’t stay at the 7 dollars an hour level. That’s economics 101
Right.
The rise in prices will depend on how much the increase in labor affects the bottom line, or how much the owner can get away with
If labor is a high percentage of the cost, prices will rise more than f it's a smaller percentage.
Posted on 1/12/19 at 1:46 pm to Powerman
quote:
Why do you care what California does? Do you live there?
This is a discussion board on the internet. We are discussing things. And this is a policy they may try to implement here one day, so why not discuss it?
Posted on 1/12/19 at 2:00 pm to Blizzard of Chizz
quote:
Is it now? So according to you if I’m a business owner and my costs of production increases due to forced wage increases, I will not pass along those costs to consumers? Where in fantasy land do you live that it costs more to create goods and services but prices don’t increase? If everyone is making 7 dollars an hour, and suddenly everyone is making 15 an hour, prices don’t stay at the 7 dollars an hour level. That’s economics 101
I said that products don't go up in proportion to the increase in minimum wage
If minimum wage goes up 15% do all products go up 15%?
Of course not
You're a moron
Posted on 1/12/19 at 2:02 pm to Powerman
quote:
If minimum wage goes up 15% do all products go up 15%?
Where are you getting this?
You're just head over heels to call people morons that you're adding words to his statement.
Where did he say this?
Posted on 1/12/19 at 2:05 pm to RogerTheShrubber
quote:
Where did he say this?
Look dude I don't know what to tell you. He doesn't have to say it because he said the following:
quote:
Raising the minimum wage is not going to help the poor and the lazy. You know why? Because when you raise the cost of production, the cost of goods and services also rises. The poor person pays for the higher prices out of his wage increase...
If the costs of products don't increase by the same proportion (or more) that your wages increase then you certainly benefit.
If your wages go up 15% and your cost of living goes up 1% that's a win right?
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