Green New Deal

[ousdahl]

I’d ask if you had a point, but I’d rather just save my pastry-argument energy for the donuts thread.

[DCHawk1]

Just that she represents you well.

[TDub]

Like most issues. She has no idea about economics.

[Deleted User 89]

not wrong

[defixione]

Just that she represents you well.

I'm curious, is ^^^^ the same as me saying Trump represents you well?

[Deleted User 89]

rhetorical?

[TDub]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

[Deleted User 62]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

So, you are worried about raising the minimum by 90%....using perceived higher prices as a point.

Are you worried about sealing of borders and adding to the price of goods in the form of tariffs affecting prices of goods? "Cause that is going to be a lot worse.

[DCHawk1]

Just that she represents you well.

I'm curious, is ^^^^ the same as me saying Trump represents you well?

I meant "you" in the particular sense of ousdahl, not "you" in the general sense of Defix and company.

[DCHawk1]

not wrong

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaahahahahahahahahahahahahaha

[DCHawk1]

rhetorical?

A question: If the minimum wage is $7.50, and a croissant costs $7, then how much does the croissant cost if the minimum wage is $15?


Show your work.

[DCHawk1]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

So, you are worried about raising the minimum by 90%....using perceived higher prices as a point.

Are you worried about sealing of borders and adding to the price of goods in the form of tariffs affecting prices of goods? "Cause that is going to be a lot worse.

Are you worried about blowing up Saturn? 'Cause that's going to be a lot worse.

And every bit as relevant.

[ousdahl]

Indeed I am for raising wages, cuz within my lifetime virtually every economic metric has been on the up and up, except for wages.

But til then, I’ll just hang under the airport tables in hopes that maybe some buttery flakes of croissant might eventually trickle down.

And as for AOC, I’m not sure I can say much about her - at least without bumping the celebrity crushes thread.

[defixione]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

I can't remember what minimum wage was when i was in college in the 70s, but what I do remember is that I could afford rent on a small apartment, gas, buy groceries, pay utilities, enjoy a movie a couple times a month or drink some beer, and pay for my full tuition at the university. now, forty plus years later, $15/hr doesn't even come close to covering all of that.

Edit: I just found out minimum wage was $1.60/hr, like making $9.45/hr in 2019.

[Deleted User 62]

Yeah, back then, you could buy a new car for 4-5k.
Rent was a few hundred bucks.

[DCHawk1]

Indeed I am for raising wages

Me too!

I'm just not for having government raise them artificially.

[ousdahl]

Right, cuz we’re sooo much better off trusting the free market capitalists to do it instead.

[DCHawk1]

That's not a rebuttal.

[Leawood]

It is a rebuttal given history.

[DCHawk1]

uhhh...ok?