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Chris Christie posted:Average household income for minimum wage earners is HIGHER than the national average household income. This is because most minimum wage earners are not heads of households. An overwhelming share are high school kids and college aged young adults. nope https://www.google.com/?gws_rd=ssl#q=average+age+of+minimum+wage+worker
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Jul 30, 2014 14:48
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another martini mr. congressman? no thanks i'm poor this week lmao cya monday
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Jul 30, 2014 14:52
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why do people still repeat the "it's all teenagers" narrative when it's like demonstrably untrue
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Jul 30, 2014 15:30
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I Love My Dead Gay Postindustrial Service Sector Economy
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Jul 30, 2014 15:31
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hmm yes gbs 1.4 with it's constant ironic shitposting, yes this is the place to have any discussion about a nuanced subject
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Jul 30, 2014 15:44
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Parallax Scroll posted:lets pay everyone 100 dollars an hour
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Jul 30, 2014 15:46
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Scalding Coffee posted:Make it the exact same as the CEOs. Prove how hosed in the head Progressives look like when equality is not their marketing gimmick and actually acted on. haha loving human being liberals, always crying about people not having enough money. i know, let's ironically give everyone gigantic unsustainable salaries all the time. that'll show those dickheads by giving them exactly what they're asking for, word for word.
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Jul 30, 2014 15:48
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Scalding Coffee posted:Make it the exact same as the CEOs. Prove how hosed in the head Progressives look like when equality is not their marketing gimmick and actually acted on. this but unironically
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Jul 30, 2014 15:51
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Falcon2001 posted:hmm yes gbs 1.4 with it's constant ironic shitposting, yes this is the place to have any discussion about a nuanced subject it was supposed to be a joke thread about how out of touch with reality many of the wealthy are, but apparently people have a hard time grasping the subject of wage disparity soooo
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Jul 30, 2014 15:53
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 pictured: what the rich deserve
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Jul 30, 2014 15:55
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Maybe he should have just worked harder and not mooched off the government!  After all, he has nobody to blame but himself for being poor.
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Jul 30, 2014 15:58
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Tonetta posted:it was supposed to be a joke thread about how out of touch with reality many of the wealthy are, but apparently people have a hard time grasping the subject of wage disparity soooo I'm still trying to figure out how raising the minimum wage eliminates the middle class.
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Jul 30, 2014 15:58
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boom boom boom posted:I'm still trying to figure out how raising the minimum wage eliminates the middle class. if u raise it high enough, then the lower class are able to afford middle-class lifestyles and the classes merge with the current underclass becoming the new lower class
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Jul 30, 2014 15:59
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there's basically no middle class as it is and in 50 years we will be a snow crash style dystopia with corporate helicopter overlords
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Jul 30, 2014 16:00
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i don't get why corporations are pro government, shouldn't all ceos rebel, and raise private armies to force congress to remove all tax laws not in the constitution so there profits climb like 50%. Or fund like a 5% flat tax or something, it seems like it'd be faster and easier than all of them trying to launder money through ireland.
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Jul 30, 2014 16:02
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Effectronica posted:if u raise it high enough, then the lower class are able to afford middle-class lifestyles and the classes merge with the current underclass becoming the new lower class it's like you forgot how cost of living is affected by the minimum wage, but mostly the rest of this except the part about being able to afford middle class lifestyles
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Jul 30, 2014 16:03
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corporations are pro government because they know in a truly free market their hegemony would be undermined and equality would emerge
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Jul 30, 2014 16:03
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Tonetta posted:it's like you forgot how cost of living is affected by the minimum wage, but mostly the rest of this except the part about being able to afford middle class lifestyles So the only option is a Communist revolution?
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Jul 30, 2014 16:05
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Fandyien posted:corporations are pro government because they know in a truly free market their hegemony would be undermined and equality would emerge they can just remove laws so they pay no taxes and all workers are paid in corporate credits, and not USD. Then since they have total control of their local economy they just hire people to run the local gov. Like the good old days. Then they also remove all wages they need to pay workers, its like they enjoy sand papering there assholes.
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Jul 30, 2014 16:06
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Tonetta posted:it's like you forgot how cost of living is affected by the minimum wage, but mostly the rest of this except the part about being able to afford middle class lifestyles cost of living doesn't increase linearly with minimum wages, so if we were like the aussies, the minimum wage would just about put someone over the line into the income levels of the lower middle class, without a doubling of COL. this would also push higher-level working class wages well into the LMC
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Jul 30, 2014 16:06
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Hold on, lemme tie up my bootstraps.
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Jul 30, 2014 16:10
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boom boom boom posted:So the only option is a Communist revolution? communism is actually really good on paper, but terrible in practice, so no Effectronica posted:cost of living doesn't increase linearly with minimum wages, so if we were like the aussies, the minimum wage would just about put someone over the line into the income levels of the lower middle class, without a doubling of COL. this would also push higher-level working class wages well into the LMC we aren't the aussies, and we're talking about a country that is breaking records in the stock market week in and week out yet is already incapable of keeping up with job creation, for whatever reason, which if previous minimum wage hikes are anything to go by, won't be changing for awhile
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Jul 30, 2014 16:14
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I get a strong trot whiff off of people who bitch about stuff like this. Not because they're necessarily trots, but because their arguments against taking any sort of action boils down to "The world does not exhibit ideal conditions; let's not work within the imperfect system- or do anything really- until those ideal conditions naturally occur."
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Jul 30, 2014 16:16
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Steadiman posted:Hold on, lemme tie up my bootstraps. hmmmm they fired billy for slacking off just a little during this economy slump i should work twice as hard hmmm production is breaking records and i hadnt seen a raise in 5 years, and they hadn't hired anybody to replace billy, what gives?
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Jul 30, 2014 16:17
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Tonetta posted:we aren't the aussies, and we're talking about a country that is breaking records in the stock market week in and week out yet is already incapable of keeping up with job creation, for whatever reason, which if previous minimum wage hikes are anything to go by, won't be changing for awhile Because unemployment rises after minimum wage increase?
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Jul 30, 2014 16:17
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boom boom boom posted:Because unemployment rises after minimum wage increase? nope. http://www.washingtonpost.com/blogs...cdonalds-meals/
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Jul 30, 2014 16:19
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Tonetta posted:communism is actually really good on paper, but terrible in practice, so no its because the stock market (bankers) are being given freshly printed money to put in the stock market creating far higher inflation that the government is stating. While also drastically increasing taxes on everyone. the governemt is just giving there friends free money, while robbing everyone else blind. i think for me to have the same buying power i did 7 years ago i'd have to have my wages tripled.
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Jul 30, 2014 16:19
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boom boom boom posted:Because unemployment rises after minimum wage increase? I dunno you tell me  
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Jul 30, 2014 16:20
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Jul 30, 2014 16:23
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boom boom boom posted:I'm still trying to figure out how raising the minimum wage eliminates the middle class. the middle class only means anything if there are people who rely on income to get by but have more than enough income to live on, that is, the middle class only exists as long as there is a poverty class to contrast it against
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Jul 30, 2014 16:24
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lol where did you find this trash graph
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Jul 30, 2014 16:26
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Popular Thug Drink posted:lol where did you find this trash graph trash graphs dot com
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Jul 30, 2014 16:26
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Popular Thug Drink posted:the middle class only means anything if there are people who rely on income to get by but have more than enough income to live on, that is, the middle class only exists as long as there is a poverty class to contrast it against someone post that poll that shows Americans would rather make like 50k if their neighbors made 40k than make 70k if their neighbors make 75k
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Jul 30, 2014 16:26
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Tonetta posted:trash graphs dot com all of your graphs are lovely and try to portray the loss of employment to the minimum wage rather than to some noteworthy economic event that happened circa 2007-2008
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Jul 30, 2014 16:28
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this just in americans are loving dumb, mostly due to our imperial school system modeled directly after nazi germany's own school system makes you think
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Jul 30, 2014 16:28
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Tonetta posted:this just in americans are loving dumb, mostly due to our imperial school system modeled directly after nazi germany's own school system i thought our school system was the prussian school system technically.
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Jul 30, 2014 16:30
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i spent all of high school farting in nerd faces and getting my nerd face farted against
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Jul 30, 2014 16:30
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this_is_hard posted:all of your graphs are lovely and try to portray the loss of employment to the minimum wage rather than to some noteworthy economic event that happened circa 2007-2008 the other two are pretty bad but the one that tracks from 1979 isn't so bad, and doesn't just portray the worst economic downfall weve had since the great depression.
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Jul 30, 2014 16:30
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Spanish Manlove posted:I'm gay I would like all threads that begin with a news article moved into somewhere that isn't GBS, please. Perhaps Debate, and Discussion.
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Jul 30, 2014 16:30
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Old Dirty Cumburgs posted:I would like all threads that begin with a news article moved into somewhere that isn't GBS, please. debate, and discuss, my rear end
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Jul 30, 2014 16:32
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