2021-03-09, 12:39 | Link #221 |
RUN, YOU FOOLS!
Join Date: Jun 2006
Location: Formerly Iwakawa base and Chaldea. Now Teyvat, the Astral Express & the Outpost
Age: 44
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Their argument is mostly, if you are poor and working 3 jobs to survive, its your fault and have nothing but yourself to blame. In other words, "f* the poor".
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2021-03-09, 13:46 | Link #222 |
Born to ship
Join Date: Oct 2014
Location: Texas
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Strange, the argument I've often heard (and a sensible one) is that it wouldn't really have a major impact on the livelihoods of those making minimum wage. Increase the minimum wage and you drastically increase the expenses for the companies, who then have to increase the cost of their products in order to maintain their profit and pay the employees. Increasing minimum wage may improve things slightly, but not by that much. You have to think about effects beyond the most immediate and obvious.
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2021-03-09, 16:00 | Link #223 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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Ryan Grim: ENTIRE Nevada Dem Party Raids Coffers, RESIGNS After DSA Wins
https://www.youtube.com/watch?v=1HPkHiKiYd0
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2021-03-09, 16:03 | Link #224 | |
Senior Member
Join Date: Sep 2008
Age: 38
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Also if companies hadn't already been increasing their prices just to make more profit anyway. They take take a small hit to their profit margin to not screw over half the country. |
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2021-03-09, 18:46 | Link #225 |
Senior Member
Join Date: Jul 2010
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It's true, places everywhere are jacking up their prices as high as they can and as fast as they can while wages stay stagnant while "experts" scratch their heads and wonder why Americans mysteriously get poorer and poorer somehow.
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2021-03-09, 21:20 | Link #226 | |
Senior Member
Join Date: Jun 2007
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For example say Walmart went up to $15 an hour for all its employees. Now their employees rather than simply buying as needed to save money, are using the increase to stock up on food and other essentials they’ve been putting off. Hence Walmart has increased revenue since it is easy to buy from the place you work at. However they realize that if they hike up prices then they can make the same profit selling fewer items. And those items can then be sold to other customers for greater profits.
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2021-03-10, 11:59 | Link #227 |
Moving in circles
Join Date: Apr 2006
Location: Singapore
Age: 49
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^ I see that kind of "explanation" very often. It's a very appealing argument, especially since it taps into the narrative of evil rich people versus hardworking, long-suffering poor people. Unfortunately, though, it's only a half-truth at best. It can happen, but only in very dysfunctional circumstances.
The scenario you describe can only be sustained in a closed economy with substantial collusion between rival businesses. Or, in a worst-case scenario, an economy where one or a few major businesses have a complete chokehold on all supply. As long as you have a relatively open economy, where businesses compete over factors like price and quality, the competitive pressure will tend to drive prices down over time. It's not feasible for companies to "intentionally inflate their pricing" — ie, profiteer — over a long term, as long as you have an open economy. Rivals will eventually chip away at the price, and offer a rival product or service at what a greater number of customers would consider a fair cost. ========= The challenge of tackling low wages in a developed economy requires a multi-prong solution that, realistically, would have to be rolled out over several years. In practice, such a plan is unlikely to survive an electoral cycle. So, what you have instead are politicians offering a simplistic solution to a complex problem. As a matter of principle, I fully agree that more should be done to lift people out of the poverty trap. As a matter of practice, though, I feel that a minimum-wage policy is only a band-aid, and offers only short-term relief, and doesn't address the root causes of poverty. What is needed are things like greater investment in education, to train people in skills that have long-term economic value; public investment in strategic economic sectors, to foster the growth of companies that can create high-value, well-paying jobs. More public investment in not just the physical infrastructure that would attract private investors, but also in institutional infrastructure that would allow for robust regulation of private enterprise, and ensure that economic gain is shared equitably. In other words, all the work that a functional government is supposed to do. Why is it that a cleaner, who does back-breaking physical labour, in what is actually an essential job, is paid so much less than a college graduate with skills in demand in the IT industry? Why is that the cleaner is also earning so much less than an NBA star, blessed with athletic talent honed by years of training? It's because the cleaner's job requires comparatively far less skill and knowledge. The cleaner, despite his essential role is — to put it bluntly — disposable and easily replaceable. The day will come, in fact, when such labour will be almost completely replaced with automated machines that can do the job with greater consistency. Lifting wages therefore requires a government to partner with businesses, if need be, and find ways of training workers, and giving them a pathway to more complex, value-added roles that command a premium. Easier said than done, but it is the only sustainable way forward. The hard truth is that the more irreplaceable you are as labour, the more power you have to command a better pay. At the same time, what's really needed is a better narrative for getting people to see that everyone, rich and poor alike, has a stake in keeping the economy healthy. Move away from the politics of envy, and move away as well as from the selfish belief that individual success is all down to individual effort. The latter, I think, is an especially big challenge for American culture — successful individuals tend to be blind to how they owe a large part of their success to the opportunities provided by a healthy society and robust public infrastructure. It's only when you understand this that you'll understand why you have to give back. It is a moral duty. But of course, people are not angels. Still, the good news is that you don't really need everyone to be on board the idea. All you need is a critical mass of individuals who pay it back or pay it forward, and eventually you'll get a virtuous circle. That circle has been broken in the US. It'll be good to see it come back again one day. |
2021-03-11, 03:29 | Link #228 |
#1 Akashiya Moka Fan
Author
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So, Biden should be signing the bill to get stimulus checks out before the end of the week. Okay, I'll give him that, and a dirty look at all the Republicans.
And in other news, Merrick Garland was confirmed as AG in a 70-30 vote. Even freakin' Mitch McConnel said yes... and then I was reminded that Garland is by no means progressive. Hence the reason why Obama originally nominated him as SC judge... but let's be honest here, because the GOP is a bunch of racists they said no to anything a black man dared to propose. Remember, Obamacare was originally Romneycare.
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2021-03-11, 05:49 | Link #229 | |
RUN, YOU FOOLS!
Join Date: Jun 2006
Location: Formerly Iwakawa base and Chaldea. Now Teyvat, the Astral Express & the Outpost
Age: 44
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Quote:
What I got as answer? A effing murrican answered along the line of "why should they? Its their freedom to not give back". This reminded me why Ayn Rand never went out of print. The irony is that the prophet of the Bible of sociopaths died living off social welfare. Something Ayn Rand's true believers forgot. |
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2021-03-15, 17:32 | Link #230 |
Senior Member
Join Date: May 2006
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https://thehill.com/homenews/media/5...p-georgia-call
Yet one more hoax added to the pile, after so many does it phase you anymore? |
2021-03-16, 15:04 | Link #232 | |
Senior Member
Join Date: May 2006
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What should concern you even more is the number of media outlets who claimed to have independently verified the story. |
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2021-03-16, 18:53 | Link #233 |
Carbon
Join Date: Nov 2003
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But it doesn’t change the intent of the message?
What do you think “the right answer” means in this context. Why do you think Georgian officials Intentionally leaked this to the public “The Secretary of State’s Office’s first report about its investigator’s phone conversation with President Trump relied on the investigator’s recollection. Information about the content of the call was never presented as a word-for-word transcript. After hearing the tape, it’s clear that her recollection accurately portrayed the president’s assertions that there was fraud to uncover and that she would receive praise for doing so.” Deputy Secretary of State, Jordan Fuchs Because they wanted to cover their own butt. It was that incriminating It’s the same reason they leaked “get her out” //
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2021-03-17, 14:19 | Link #235 | |
Senior Member
Join Date: May 2006
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Your daily dose of pravda, faking answering questions from the press (watch the mics).
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2021-03-17, 14:30 | Link #236 | |
Part-time misanthrope
Join Date: Mar 2007
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2021-03-17, 15:03 | Link #237 |
Senior Member
Join Date: May 2006
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Are you referring to the 'Fine People' hoax? It was one of many lies presented as evidence at the second impeachment trial. I hope you aren't asserting lies are okay if the letter next to someones name is the correct one.
Last edited by ramlaen; 2021-03-17 at 15:20. |
2021-03-28, 00:18 | Link #239 |
Seishu's Ace
Author
Join Date: Dec 2005
Location: Kobe, Japan
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Small wonder AOC types are starting to play nice. Be on the train or be under it.
https://www.theguardian.com/commenti...adical-winning
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2021-03-29, 09:39 | Link #240 |
#1 Akashiya Moka Fan
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Joe is doing surprisingly damned well-not perfect, but I'm still a Bernie fan and yet have to give Biden some huge kudos.
To be totally fair, I would call the AOC types products of social media. They have snappy lines, want change in a day or two (because that's how fast social media moves), and know what audience to appeal to. That sounds good to the denizens of the Internet, where 24 hours is a loooong time. But, it doesn't apply that well to the real world- they might want radical change overnight and not give an eff about anyone who opposes them- really, call them the enemy- but in the actual Congress where you are going to work with people who may not share the same enthusiasm or outlook... you gotta play the political game or else everything breaks down. Probably the same reason why so many on both sides complain: you gotta play a bit nicely and be prepared to not get everything you want.
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