
Fergie |

I think your bumper (with license plate attached) fell off while you were doing donuts on my lawn!
A few years back I picked up a 1986 BMW 325e for around $1,700. "e" Was the high mileage version of the series. 36 mpg on the highway from a torquey low revving 6 cylinder. That car ended up getting crushed while it was parked in the driveway on a beautiful sunny day. It was a weird summer where it rained almost every night and was hot and sunny every day. The trees were growing so fast they couldn't support their own branches.

BigNorseWolf |
2 people marked this as a favorite. |

I think your bumper (with license plate attached) fell off while you were doing donuts on my lawn!
A few years back I picked up a 1986 BMW 325e for around $1,700. "e" Was the high mileage version of the series. 36 mpg on the highway from a torquey low revving 6 cylinder. That car ended up getting crushed while it was parked in the driveway on a beautiful sunny day. It was a weird summer where it rained almost every night and was hot and sunny every day. The trees were growing so fast they couldn't support their own branches.
I've had seen conversation with a police department after a party in college
"Hey, someone smashed up a few of the cars in the parking lot last night.
"Ok, Did you see what kind of car?
"No, but i got the liscense plate. The number is ABCD-123. New york plates with a downstate dealers border.
" .. you got all that but don't know what kind of car it is?
"Well I'm holding their front fender at the moment. They were nice enough to leave it behind.

Comrade Anklebiter |
4 people marked this as a favorite. |

Seattle’s Socialist City Council Member Kshama Sawant Hails Historic Vote For $15/Hour Minimum Wage
And you thought that commie goblin on the rpg website was some lone crackpot?
We are f@@$ing legion.
Vive le Galt!

Grand Magus |

The President really does want to act on this stuff, but who are we kidding? He can't even declare a snow day without being accused of Communism.
.
I agree with you.
Since, increasing the Minimum Wage would increase Unemployment, we should
also increase Taxes, so all the newly (and established) unemployed
people can receive (more) government benefits.
Then, when the economy tanks, we can print $100 bills and hand them out
(all it takes is ink and paper) and then everyone can get money for free.
Next, the government should grow food and give it to us for free.
But, Corporations do not want this and didn't give permission for
Minimum Wages to be increased! (Dad!!! Mom!!! Come on, give us more
money.)
Also, Health Care should be free, because we are all people and love
each other.
.

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Giving the lowest paid earners more money results in them buying more things. Which results in more money going into the economy. Which in turn results in a richer economic base, which in turn results in a broader economic flow, which - say it with me now - results in more people getting jobs. More demand from the largest pool of consumers results in greater demand on business, which results in greater demand on employers. Because those employers are faced with greater demand for their product, they must rise to meet that demand. Failure to do so will result in their economic failure, and they will go out of business. Since no one actively WANTS to go out of business (no one sane, anyway), they will in turn increase their workforce...
Nick Hanauer is a self-admitted plutocrat, one of the "one per centers". You might find his Ted Talk of relevant interest. He specifically attacks many of the popular excuses for not paying a living wage and brings up the relevant history of Henry Ford's position on wages.

thejeff |
Lincoln Hills wrote:The President really does want to act on this stuff, but who are we kidding? He can't even declare a snow day without being accused of Communism.I agree with you.
Since, increasing the Minimum Wage would increase Unemployment, we should
also increase Taxes, so all the newly (and established) unemployed
people can receive (more) government benefits.
Or the increase in tax revenue (and decrease in needed government services) from people making more money can be used to pay for the small number of people who lose their jobs.
No economy tanking needed.
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Grand Magus wrote:Since, increasing the Minimum Wage would increase Unemployment...Not seeing this.
"Since increasing the amount of sunlight reaching the earth would cause an increasing number of clones of Justin Bieber to appear, we should..."
You are not seeing it because you do not understand how businesses think. to raise wages they need to raise prices, lose money or lay off workers and get more out of those that are left. If you think very many would choose options one or two i got a bridge to sell you

Kirth Gersen |

to raise wages they need to raise prices, lose money or lay off workers and get more out of those that are left.
In the short term, some managers might panic and lay people off, which would create an initial short-term increase in unemployment. But over the longer term, it might be that, with the formerly $9/hour people making $12/hour (or whatever), they've got an extra $6,000/year to spend, so they don't really mind a markup on unit prices. And with increased demand despite the price hikes, businesses would need to hire more people. Meaning that un3employment actually goes down, in the long run.
And this doesn't need to be a theoretical, non-determinite argument. Instead, we can figure out which one happens just by watching places like CA, CT, MD, WA.

jemstone |
2 people marked this as a favorite. |

Except that all historical data - let me say that again for emphasis - all historical data says that "raising wages increases unemployment" is categorically false.
Not only false, but categorically false.
"If we end child labor, businesses will falter and the economy will die." - False.
"If we allow women into the work place, businesses will falter and the economy will die." - False.
"If we enact a forty hour work week..."
You get the picture.
All of these so-called "facts" about raising wages leading to unemployment have been proven - repeatedly - to be false.
Why do people continue to believe them? The facts are right there for anyone to see.
I mean, sure, you can have your opinions on how an economy should run, but (as so many people are so fond of saying) you don't get to have your own facts. And the facts of the matter prove that raising wages and providing for a strong middle class is actively beneficial to economic growth. Period.
LazarX I'll check that out later today if I get a chance. I'm on call so that may not happen, but thank you for the link. :)

thejeff |
3 people marked this as a favorite. |
Except that all historical data - let me say that again for emphasis - all historical data says that "raising wages increases unemployment" is categorically false.
Not only false, but categorically false.
"If we end child labor, businesses will falter and the economy will die." - False.
"If we allow women into the work place, businesses will falter and the economy will die." - False.
"If we enact a forty hour work week..."
You get the picture.
All of these so-called "facts" about raising wages leading to unemployment have been proven - repeatedly - to be false.
Why do people continue to believe them? The facts are right there for anyone to see.
I mean, sure, you can have your opinions on how an economy should run, but (as so many people are so fond of saying) you don't get to have your own facts. And the facts of the matter prove that raising wages and providing for a strong middle class is actively beneficial to economic growth. Period.
LazarX I'll check that out later today if I get a chance. I'm on call so that may not happen, but thank you for the link. :)
Because it's common sense. People think obviously that if they have to pay workers more, they'll make less money and some businesses on tight margins will have to close.
But that's because they're thinking about it in isolation. Once you consider all the secondary effects of poor people spending more money, it's easy to see how it might not be disastrous at all.But yeah, I routinely ignore conservative economic "the sky will fall" arguments, because they're always the same and they've always been wrong.
I'd add all the anti-environmental arguments in there too.