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  #1  
Old 08-10-2016, 09:17 PM
deacon blues deacon blues is offline
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Re: Wage dropping in the USA

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Originally Posted by Aquila View Post
Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.
First of all, trickle down economics did work---Reagan's economy produced 13 million jobs. How many jobs has Obama's economy produced?
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Old 08-10-2016, 10:41 PM
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jfrog jfrog is offline
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Re: Wage dropping in the USA

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Originally Posted by deacon blues View Post
First of all, trickle down economics did work---Reagan's economy produced 13 million jobs. How many jobs has Obama's economy produced?
Can anyone say how many jobs would have been produced withiut regeanomics?
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Old 08-10-2016, 10:58 PM
Jito463 Jito463 is offline
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Re: Wage dropping in the USA

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Can anyone say how many jobs would have been produced withiut regeanomics?
Nope, because we're not magical time travelers. We can tell you how many jobs were lost, because of Carter economics.
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Old 08-11-2016, 12:06 PM
shazeep shazeep is offline
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Re: Wage dropping in the USA

he inherited a train wreck. But +$14 Trillion? smacks of a looting to me
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because of Carter economics.
i can tell you how many bombs were dropped, which is 0

Last edited by shazeep; 08-11-2016 at 12:08 PM.
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  #5  
Old 08-11-2016, 11:21 AM
Aquila Aquila is offline
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Re: Wage dropping in the USA

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Originally Posted by deacon blues View Post
First of all, trickle down economics did work---Reagan's economy produced 13 million jobs. How many jobs has Obama's economy produced?
We'll we were bleeding 800,000 jobs a month under Bush. Now we're only estimated at adding 300,000 a month. Of course, the quality of those jobs are questionable. But, Obama stopped the bleeding. I know this.... I'll take my current investment portfolio over what I had when Bush left office. LOL
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  #6  
Old 08-10-2016, 09:39 PM
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FlamingZword FlamingZword is offline
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Re: Wage dropping in the USA

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Originally Posted by Aquila View Post
Corporations are recording record profits and investments are doing well. However, as you said, wages are dropping. Trickle down economics is failing. Perhaps it's time for an increase in the minimum wage.
Nope, the best way is to do away with minimum wages.

No more mandate and inflated minimum wages, let the jobs pay what the market place says they are truly worth.

death to the minimum wage.
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  #7  
Old 08-10-2016, 10:40 PM
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Re: Wage dropping in the USA

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Originally Posted by FlamingZword View Post
Nope, the best way is to do away with minimum wages.

No more mandate and inflated minimum wages, let the jobs pay what the market place says they are truly worth.

death to the minimum wage.
Please consider the consequences of your propisition
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Old 08-11-2016, 09:08 PM
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FlamingZword FlamingZword is offline
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Re: Wage dropping in the USA

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Please consider the consequences of your propisition
I actually have and it would be great consequences.
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  #9  
Old 08-13-2016, 03:34 AM
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jfrog jfrog is offline
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Re: Wage dropping in the USA

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I actually have and it would be great consequences.
Do away with the 40 hour workweek as well? No more overtime pay?
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Old 08-10-2016, 10:57 PM
Jito463 Jito463 is offline
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Re: Wage dropping in the USA

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Originally Posted by FlamingZword View Post
Nope, the best way is to do away with minimum wages.

No more mandate and inflated minimum wages, let the jobs pay what the market place says they are truly worth.

death to the minimum wage.


I was sorely disappointed in my fellow Nebraskans two years ago, when they voted to increase the minimum wage above the national mandate, to $9/hr. NE - while a heavily taxed state - is not a very high 'cost of living' state. There was literally no reason to do it, but people voted for it anyway, presumably because it made them feel good about themselves.

All the minimum wage ever does, is cost businesses more, which leads to higher costs and most likely a reduced workforce (it's almost certain that some people will have to be fired, in order to pay for the ones who still remain). And while there may be a short-term benefit to the workers, over the long term, they're just going to find themselves in the exact same boat, because everyone's had to raise their prices to keep up with the wage hike.

It's a band-aid solution at best, a placebo that makes people think they're getting better, but ultimately does nothing at all. The better solution, would be to encourage people to seek out a trade or skill that they could learn, which would help them to get a better paying job. Instead, people are lulled into thinking they can live off these minimum wage jobs for the rest of their life.

The minimum wage creates a virtual slave labor market.

Why do I say that? Because the Democrats know that most of these people will also be living off of Goobermint welfare. And who are they going to vote for, when election time rolls around? The one who promises to give them more "free stuff" from the Goobermint.

Pre-Civil War days, the Democrats used to keep slaves to tend their fields. Now they keep slaves to tend their election ballots.
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Sometimes hidden dangers spring on us suddenly. Those are out of our control. But when one can see the danger, and then refuses to arrest , all in the name of "God is in control", they are forfeiting God given, preventive opportunities.

Last edited by Jito463; 08-10-2016 at 10:59 PM.
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