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Last post 9 years ago by victor809. 312 replies replies.
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New minimum wage law blocked by GOP.
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Brewha Offline
#301 Posted: Thu, May 22 2014, 2:56 PM EST
Joined: 01-25-2010
Posts: 12,201
victor809 wrote:
Yet you call your choice the "morally good" one.

I'm not sure you understand that concept.

OMG, Victor are YOU taking the moral high ground????
Beer




But wait – You don’t seem happy about the wage increase being such a windfall for everyone.
I guess you never considered the cornucopia of good thing that would come . . . .
HockeyDad Offline
#302 Posted: Thu, May 22 2014, 2:58 PM EST
Joined: 09-20-2000
Posts: 46,190
victor809 wrote:
Yet you call your choice the "morally good" one.

I'm not sure you understand that concept.



He's just trying to get a raise and admits he doesn't care about the ones that lose.
HockeyDad Offline
#303 Posted: Thu, May 22 2014, 3:00 PM EST
Joined: 09-20-2000
Posts: 46,190
Brewha wrote:
And when we put all this extra money into the local economy the benefit of economic stimulation can be up to 8 fold!




I'm betting us wealthy folk get that money way before it circulates 8-fold!
DrafterX Offline
#304 Posted: Thu, May 22 2014, 3:01 PM EST
Joined: 10-18-2005
Posts: 98,582
prolly go to the crack dealers... Mellow
Brewha Offline
#305 Posted: Thu, May 22 2014, 3:05 PM EST
Joined: 01-25-2010
Posts: 12,201
HockeyDad wrote:
He's just trying to get a raise and admits he doesn't care about the ones that lose.

That settles it! No freedom fries for you . . .
Brewha Offline
#306 Posted: Thu, May 22 2014, 3:07 PM EST
Joined: 01-25-2010
Posts: 12,201
DrafterX wrote:
prolly go to the crack dealers... Mellow

But I thought you were for small business?
DrafterX Offline
#307 Posted: Thu, May 22 2014, 3:12 PM EST
Joined: 10-18-2005
Posts: 98,582
Brewha wrote:
But I thought you were for small business?



was thinking about the legal ones but the crack dealer is prolly sporting new Nikis and stuff... he's folding money back into the system... Mellow
victor809 Offline
#308 Posted: Thu, May 22 2014, 3:14 PM EST
Joined: 10-14-2011
Posts: 23,866
Brewha wrote:
OMG, Victor are YOU taking the moral high ground????
Beer




But wait – You don’t seem happy about the wage increase being such a windfall for everyone.
I guess you never considered the cornucopia of good thing that would come . . . .


I don't take a moral stance. I just feel I need to point out that people who are usually saying we should do something for a moral good reason... usually are wrong. (and I mean this on both sides of the aisle).

And abrignac is correct. Your numbers regarding the increased revenue multiplying throughout the transactions of the community is really only a measurement used when money coming into an area is increased (through funding of a business). When the cost of labor is simply increased across the board, there is no multiplier effect, as COGS will increase in proportion to the wage increase.
Abrignac Offline
#309 Posted: Thu, May 22 2014, 3:20 PM EST
Joined: 02-24-2012
Posts: 17,358
victor809 wrote:


And abrignac is correct. Your numbers regarding the increased revenue multiplying throughout the transactions of the community is really only a measurement used when money coming into an area is increased (through funding of a business). When the cost of labor is simply increased across the board, there is no multiplier effect, as COGS will increase in proportion to the wage increase.



You're gonna ruin my reputation if you keep agreeing with me.
Brewha Offline
#310 Posted: Thu, May 22 2014, 3:32 PM EST
Joined: 01-25-2010
Posts: 12,201
DrafterX wrote:
was thinking about the legal ones but the crack dealer is prolly sporting new Nikis and stuff... he's folding money back into the system... Mellow

If kids didn’t make so much money from selling crack they would stay in school.
Maybe we should subsidize crack in order to bolster education . . . .
DrafterX Offline
#311 Posted: Thu, May 22 2014, 3:39 PM EST
Joined: 10-18-2005
Posts: 98,582
I thought the CIA was already doing that..... Think
victor809 Offline
#312 Posted: Thu, May 22 2014, 3:40 PM EST
Joined: 10-14-2011
Posts: 23,866
Brewha wrote:
If kids didn’t make so much money from selling crack they would stay in school.
Maybe we should subsidize crack in order to bolster education . . . .


It'd at least help their math skills.
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