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Thread: Greedy, heartless Wal-Mart customers say no to higher prices

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  1. #1
    magical negro/photog .blank cd's Avatar
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    Quote Originally Posted by BanginJimmy View Post
    Not on skill alone, but on skills, qualifications, experience, and available workers in the marketplace.
    Not only skills, economic conditions as measured by real and nominal gross domestic product, inflation, labor supply and demand, wage levels, distribution and differentials, employment terms, productivity growth, labor costs, business operating costs, the number and trend of bankruptcies, economic freedom rankings, standards of living and the prevailing average wage rate. Real economists don't pretend like minimum wage is linked to how much a couple people think they deserve. Math doesn't work that way.

    You dont think your skills affect your worth as an employee?
    We're talking about a bump in the baseline. Not cushioning someone's career path


    You still havent realized that raising the minimum wage will affect other areas huh?
    I am probably the only one in here who knows how raising the minimum wage will affect the economy. It's what I do. We can use math, models, studies, and supply and demand curves to figure out at what point between $7.25/hr and $100,000 dollars a year would have the best economic impact. One thing is for certain: there is an argument to be had that productivity and inflation have outpaced the current minimum wage and that we are at a point where it would be beneficial to raise it. We don't focus on how we feel about who deserves what and the $15/hr BS. That's just something that gets news junkies riled up and feelings have very little room in empirical discussion.

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  2. #2
    Gods Chariot Vteckidd's Avatar
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    Quote Originally Posted by .blank cd View Post
    Not only skills, economic conditions as measured by real and nominal gross domestic product, inflation, labor supply and demand, wage levels, distribution and differentials, employment terms, productivity growth, labor costs, business operating costs, the number and trend of bankruptcies, economic freedom rankings, standards of living and the prevailing average wage rate. Real economists don't pretend like minimum wage is linked to how much a couple people think they deserve. Math doesn't work that way.
    Search Wikipedia for large words, post on forum to make it sound smart and interesting

    We're talking about a bump in the baseline. Not cushioning someone's career path
    Give no information about why or how we should implement said actions


    I am probably the only one in here who knows how raising the minimum wage will affect the economy. It's what I do. We can use math, models, studies, and supply and demand curves to figure out at what point between $7.25/hr and $100,000 dollars a year would have the best economic impact. One thing is for certain: there is an argument to be had that productivity and inflation have outpaced the current minimum wage and that we are at a point where it would be beneficial to raise it. We don't focus on how we feel about who deserves what and the $15/hr BS. That's just something that gets news junkies riled up and feelings have very little room in empirical discussion.
    Say im the smartest in the room without posting anything that backs this statement up.


    /Blank.CD


    We have argued why it wont work, and posted numbers and decades of theories/real life experience that shows it doesnt work.

    You have dismissed all of it and shown no facts of your own.

    So yeah, you have zero to add. Move along
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  3. #3
    Moderator BanginJimmy's Avatar
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    [QUOTE=.blank cd;39532210]Not only skills, economic conditions as measured by real and nominal gross domestic product, inflation, labor supply and demand, wage levels, distribution and differentials, employment terms, productivity growth, labor costs, business operating costs, the number and trend of bankruptcies, economic freedom rankings, standards of living and the prevailing average wage rate. Real economists don't pretend like minimum wage is linked to how much a couple people think they deserve. Math doesn't work that way. {/quote]

    So you completely ignored most of what I said and stopped with skills again? Distribution has absolutely zero to do with paid wages. They only things that determine your cost to your employer are your skills, knowledge, certifications, and experience. Nothing else.

    I mean really. You throw out all these terms and they have absolutely nothing to do with what you are quoting or with this thread. What zip code your employer resides in has FAR more to do with wages than GDP does.

    Quote Originally Posted by .blank cd View Post
    We're talking about a bump in the baseline. Not cushioning someone's career path
    What does a career path have to do with your worth to your employer? Considering we arent talking about upward mobility, I am going to say absolfuckinglutly nothing.


    Quote Originally Posted by .blank cd View Post
    I am probably the only one in here who knows how raising the minimum wage will affect the economy. It's what I do. We can use math, models, studies, and supply and demand curves to figure out at what point between $7.25/hr and $100,000 dollars a year would have the best economic impact. One thing is for certain: there is an argument to be had that productivity and inflation have outpaced the current minimum wage and that we are at a point where it would be beneficial to raise it. We don't focus on how we feel about who deserves what and the $15/hr BS. That's just something that gets news junkies riled up and feelings have very little room in empirical discussion.
    You can jerk yourself as much as you want, you have zero credibility. You have backed noting up with facts.

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