>>537821032noI just want the same minimum wage the boomers hadFive silver coins an hour, minimum
>>537821032What is stopping corporations from increasing prices for good to make up for wages and knowing people have more money?
>>537821032Its in a rough spot of being both sorely needed and a massive disaster for the economy.On the one hand, the current minimum wage is a fucking joke. Nobody can live on that pittance. The $25 minimum wage is probably much, much closer to what a minimum wage actually should be under the current level of inflation.But all of our current prices and costs are based on labor being stupidly cheap. Given a choice between setting fire to the economy in revenge or begrudgingly making less in profits, corporate america will 100% trigger a depression and try to golden parachute away under the logic that they can always come back and rebuild after the crises is over.
Clever. But this is just a paycut for everyone else.
>>537821365The same thing that's been stopping corporations from increasing the prices of good despite almost zero increases to average wages in the past 20 years: Nothing.
>>537821365They could pass another law to cap prices
>>537821032Man you thought $15 fast food was too expensive?Get ready for your combo #4 to cost $36
>>537821365There is no choice. The globohomo big box max out at $15. If you see a Chinese globohomo franchise advertising $15 at start. They are price gouging to handle $15. $25 an hour would cause most stores to close
>>537821032boldrepublicans are afraid to pass a fucking budgetwhy are conservatives such sissies?
>>537821581>please increase the cost of everything by 300%It's crazy how hard shitlibs vote against their own interests.
>>537821302This. If they raise minimum wage, this will keep happening because the government inflates away the value. We need sound money first.
>>537821032>Is he right?No.
every one of you guys is bitching about inflation when silver currency will end it foreverthe fucking fed and the jewish tricks all die with no inflation
>>537821534Businesses shouldn't be entitled to slave labor, if they can't afford to pay a living wage they shouldn't be open to begin with
>>537821648What if there was a law that said that every year the minimum wage was automatically adjusted to be the value of that amount of silver, rounded to the nearest dollar. So its inherently tied to the silver market. Would that work even if the money itself isn't silver or directly silver backed, or would that be a disaster?
>>537821032yeah sure but that doesn't really help the problem that our government is basically financially insolvent anyways
Isn't this the 3rd time this has been floated this year? It's not going to happen. On the off chance it passes it won't take effect for at least two more w-years.
Well, I make more than that so I won't get anything but higher prices.Granted strangers don't care about me so why should I hurt myself for them?
>>537822060>Peg minimum wage to silver spot?It's an interesting idea, but the silver market is rather small and, at least in theory, easier to manipulate. Setting a minimum payment of something like a silver ounce per day of work as a sort of "bi currency" minimum wage would both force more delivery from the exchanges and not push all market incentive into the silver market.Though I am not sure anyone can claim to know enough or have an accurate enough simulation to be able to predict how either of those would play out. That said, silver went from something like $25 an ounce to over $100 an ounce. I haven't checked where it is at, currently, but historically silver has traded at around 20 units of silver per unit of gold, which is roughly the distribution of silver to gold ratio in the Earth's crust. $200 silver is within the realm of possibility and this does not account for the undersized inventory of silver (it is consumed industrially) relative to gold. Virtually all gold ever mined is still around by comparison and can soak price shocks.All of this also assumes these do not see more speculative interest - gold could easily start shooting quite a bit higher if deliveries start being taken and much of the inventory assumed to exist on the comex has been rehypothecated. That could send prices quite high.Which, in theory, is great for the working person but the problem comes down to most businesses being smaller and constrained to revenue. If your labor shoots up 400% year over year, and then drops 40% the following year, it makes pricing next to impossible, especially considering your business inputs will increase in cost, as well.
>>537821032No. Send me 10,000 dollars in the mail and ill think about voting for you if i'm sober enough to make it to the polls.Promises of future rewards that will be backstepped repeatedly are not energizing, it makes me homicidal.
>>537821032It literally won't work.
>>537821505>you're just not allowed to have money, goyfuck off
Democrats = 60% Jews Socialiststhey just want more goy taxes.
>>537821032u a bitch ass nigga dog
>>537823537Promises are made to be broken, and no one can make a promise like a politician
>>537821032>25/hourim i overcharging $40/hour for 3D CAD work?
>>537821505Are you following me anon? I just had a double whopper, with chicken fries, and a Hershey pie with a coke. Was good
>>537821032https://insideinvestigator.org/connecticut-ranked-49th-for-taxpayer-debt-despite-improvements/
>>537821032All according to plan.
>>537821032>Employers pay more to employees>Raise products to continue making a profit and avoid losses>Buying power is the sameZimbabwe soon.
>>537821032By this point in my life, sure, fucking raise it to $25/hrs. I kind of cared about minimum wage and how raising it to high might devalue entry level jobs in skilled labor fields when I was 18. But now at 30 I give much less of a fuck
>>537822034Sure, have fun with that
>>537821032They need to lower the cost of living, not raise wages
>>537823727We're already Zimbabwe tier because of Trumpflation.
>>537823833Clearly we just need to tax pensioners in order to lower the income tax for workers
>>537821032it energizes people too stupid to understand why they are always poor.
>>537823861>yes, i know this is a stupid idea but we should do it anyway because orange man bad!my fucking sides.
>>537821365>>537821505>>537823727its funny that this is the same exact lazy argument that comes up every single the minimum wage was introduced, and every time its been raised. the federal minimum wage has been raised 22 TIMES. so that should give you 22 charts you can drop in the thread to prove your argument, right? spoiler: "muh price spikes" literally never happens. not a single time
>>537823977who are you quoting?
>>537822034>anything less than the arbitrary $25 is slave laborFuck off, Che
>>537824098Prices have continually gone up for decades you fucking moron.
>>537824117He's a schizophrenic retarded. He was talking to a strawman.
>>537824294>prices go up every year>minimum wage has been the same since 2009not a strong point, tardokun
>>537824378>Pretends not to understand state minimum wageI see, you're being obtuse on purpose.
Get ready for every other company to either go out of business because they can't pay that wage or massively scale back operations. It will be a real estate collapse when it happens on top of everything else. People will be shit canned because they will have forced prosperity where it was not financially viable for the hiring company.
>>537821365They need the higher prices in order to afford the higher wages for their workers.The problem is that they want a higher profit for themselves more than that they want workers who can afford to pay him that profit.Most businessmen are average IQ, which means they're thoroughly shortsighted and can't fathom why paying your 20 workers double the wage means they'll spend double the money on products and services including the ones they're producing, which will be of higher quality because the workers are happier and better paid.All they can see is the cost and revenue balance sheet.
>>53782103225 an hour just means theyll bring in more h1b workers because Americans are too expensive
>>537821365competitionbusiness owners willing to work for less and do the work themselves will provide a cheaper alternative
>>537821032You don't fix an issue like this by giving people more money, you fix it by increasing the purchasing power of the dollar, which is extremely antisemitic if you catch my drift.
As long as people are looking to create more profit year over year instead of just making a profit and providing jobs for the community minimum wage won't mean anything.
>>537822060You could use anything as a solid currency.The only qualification for making it work, is that inflation is impossible.Fiat per capita could do that.A hypothetical $1.000.000,- per legally registered citizen and no more. If someone leaves, a million is removed from circulation.If someone becomes a citizen, a million is added to circulation.Difficult to do with physicals, piss easy with digital currency.I wouldn't be surprised if the Jews or someone else suggests this in the near future."Everybody hates inflation right? Coin per Capita is our new law that will create a limited supply currency that prevents inflation!"
>>537824401>prices are well known to be exactly the same in states that don't raise minimum wageyou could be making decent arguments but you're trying to get away with this lazy shit instead. this is the last (you) unless you give me an argument actually worth responding to
>>537824557they're doing that anywayIn a perfect world, I'd be against minimum wage laws.The market would force higher wages without an infinite labor poolSince corporations import cheap labor and no one in DC is going to change that, minimum wage laws are the only doable solution I see
>>537824617Hurry up and fuck off already
>>537824590It's the whole "Americans don't know how to live life" thing, isn't it.Europeans working to live, Americans living to work and all that.It's endless competition with some people, they'll never be happy.They'd rather other people have nothing so their 1000 bucks is a relatively higher score.
>>537821488And another to cap production cost >probably would be best to do that before raising the wage too cause that way its more fair
>>537824648>no argumentI accept your concession
>>537824729>Gives me another (You)So much for all that bullshit. Keep going.
>>537821032Btw...when you triple your minimun wage some jobs will disappear totally because those are unprofitable. Your inflation will love this boost...probably jump up to 2-3% higher.
>>537824849out of the last 22 times the minimum wage was increased, can you show us a chart showing the net job loss you're describing?
>>537822034no one is stopping you from NOT working a minimum wage for 50 years, except you.
>>537821032Minimum wage is one of the most harmful policies ever invented.
>>537822120they passed a state level law increasing it in only a few states and the people cheering for it immediately said it wasnt enough because the local prices adjusted to reflect the pay raises almost instantly. kek.
>>537825039i frequently see only two employees (cook nigger, one cashier) at mcniggers quite regularly and those pay 20/hr
Kill usurers, rent seekers and other obvious profiteering parasites. Anything else does nothing.
>>537825287what does that have to do with minimum wage?
>>537825287You're arguing with a troll who's purpose is pretending to be obtuse and when you give up interacting with him he says you conceded to keep you replying to him. Don't bother with that faggot.
>>537821032why not 70 dollars on hour if we're just throwing out arbitrary round numbers that sound good? i never understand why these fucking imbeciles always stop at a number so low. i would be insulted if i had brown skin/blue hair/were a member of their voter base and they thought i was only worth 25/hour. why not 90?
>>53782604590? Im a neet worth at least 1000 an hour
>>537826045The figure isn't arbitrary>Many labor economists argue minimum wage should reflect economic growth as well as inflation. If the federal minimum wage had kept pace with broader U.S. worker productivity since the late 1960s, it would be over $21.00 to $26.00 an hour today.
>>537825402ah, my mistake. you are pretending to be retarded.
What ever happened for "fight for fifteen"
>>537826310>economic growthi keep seeing this tossed around like some "gotcha". what are they defining as economic growth? spending? recycling welfare tax dollars into a hedge fund isnt fucking growth.
>>537821032I think a new Homestead Act would be even better. Money always helps, but there's no limit on money. We can't, as a country, run out of it. The broader problem is too many hard assets are locked down with no alternatives and so there is this constant extractive churn.
>>53782698815 got them removed from most of "dem programs". living like wytepeepo is for da birds, yo
>>537821648The current melt value of a silver Washington quarter is a little more than $10 eachThat’s $50 + dollars pictured
>>537827064Forget the picture
>>537823649$40-50 is normal
>>537821365Holy basic economics batman.What is stopping McDonald's from pricing their burgers at $100 today?
>>537826988That was 10-15 years ago. Inflations gone past that
kick all the retirees out of retirement when we have less and less jobs great idea fuck boomers
>>537821505Burge King is a fucking jewish scam jeet run shithole. They charge $1 for sauce to go with their over priced nuggets and the jeets behind the counter don't even ask or warn you that sauce costs money and just give you nuggets with no sauce. FUCK BURGER KIKES
>>537828250I like their burgers the best. Something about that seared bite. What I do when I order is not ask for sauce over the app and then go to the restaurant and just ask for it, they never charge me
>>537821365Nothing, in fact when wages double, prices triple has been my experience.Not for everything, obviously, but cars, houses etc.
>>537828852Burger King flame broils the patties that's why they taste so good
