What are your thoughts on a basic income?

[UncleBuck]

if your burger flippers and retail drones now make $15/ hour, shit WILL cost more, simple math and basic logic make that clear.

with the conversion rate, that's min wage in australia.

their big mac costs $0.12 more, $4.32 instead of $4.20.

what a fucking nightmare, eh?

 

[UncleBuck]

income tax TROOFERS and austrians and bigots, oh my!

 

[Dr Kynes]

with the conversion rate, that's min wage in australia.

their big mac costs $0.12 more, $4.32 instead of $4.20.

what a fucking nightmare, eh?

already demolished that bullshit lie.

you are pointless.

 

[UncleBuck]

already demolished that bullshit lie.

you are pointless.

what lie?

these are basic, mundane facts.

there is no way to "demolish" facts, because they are true whether you believe them or not.

they are true whether they show you to be a long winded bullshit artist or not.

they are true whether i go take a dump in the next ten minutes or not.

that's the great thing about facts, they don't go away. and they also fucking hate you.

 

[Dr Kynes]

what lie?

these are basic, mundane facts.

there is no way to "demolish" facts, because they are true whether you believe them or not.

they are true whether they show you to be a long winded bullshit artist or not.

they are true whether i go take a dump in the next ten minutes or not.

that's the great thing about facts, they don't go away. and they also fucking hate you.

the Australian minimum wage is riddled with exceptions, the average burgerstand employee makes FAR less than the "minimum wage" in australia






http://www.theatlantic.com/business/...tralia/278313/
http://www.huffingtonpost.com/2013/0...n_3672006.html


and thats how you actually do demolish a BuckFact(tm)

 

[Padawanbater2]

however if the minimum wage doubles (as demanded by the McGoon Squad) then EVERY wage and salary will have to double which adds up fast.

Why would every wage and salary have to double if the minimum wage doubled?

or do you think carpenters and plumbers will happily accept Minimum Wage (the new sub-poverty wage) for their labours too?

People getting paid (whatever the wage increase would be) now would continue to be paid that

if the employer makes $15/ hour profit off your labours at $7.25/hour then when he must pay you $15/hour HE WILL EXPECT $30/Hour PROFIT FROM YOU!

Employers could expect whatever they want to expect, the reality of the situation probably wouldn't meet his expectations, such is the real world. Similarly, employees would probably expect that their full time job would pay enough for basic living expenses without requiring government assistance, but the reality of the situation doesn't reflect that

when the minimum wage goes up, those making MORE than minimum wage feel a pay cut, and all the idiotic claims that the minimum wage is not inflationary are just so much hot air.

I was making $8.50 when the minimum wage increased from $7.75/hour to $8.00/hour. How did I experience a pay cut?

if your burger flippers and retail drones now make $15/ hour, shit WILL cost more, simple math and basic logic make that clear.

Like I asked you before, the examples that have been used are two of the largest corporations in America, Walmart and McDonalds. So instead of pushing off the cost to the consumer to increase the wages of their workers, why not get something passed to ensure they can't do that and that the funds needed to pay for the wage increase comes from the net profits? This is hundreds of billions of dollars to pay for a few million workers, I see nothing wrong with that at all, Walmart and McDonalds will both survive and continue to thrive. This would protect small businesses unable to increase wages for their workers because they would go out of business, and it would ensure employees working for billion dollar companies get paid enough to meet the standard of living. Where is the downside to this?

 

[Dr Kynes]

Why would every wage and salary have to double if the minimum wage doubled?



People getting paid (whatever the wage increase would be) now would continue to be paid that



Employers could expect whatever they want to expect, the reality of the situation probably wouldn't meet his expectations, such is the real world. Similarly, employees would probably expect that their full time job would pay enough for basic living expenses without requiring government assistance, but the reality of the situation doesn't reflect that


I was making $8.50 when the minimum wage increased from $7.75/hour to $8.00/hour. How did I experience a pay cut?



Like I asked you before, the examples that have been used are two of the largest corporations in America, Walmart and McDonalds. So instead of pushing off the cost to the consumer to increase the wages of their workers, why not get something passed to ensure they can't do that and that the funds needed to pay for the wage increase comes from the net profits? This is hundreds of billions of dollars to pay for a few million workers, I see nothing wrong with that at all, Walmart and McDonalds will both survive and continue to thrive. This would protect small businesses unable to increase wages for their workers because they would go out of business, and it would ensure employees working for billion dollar companies get paid enough to meet the standard of living. Where is the downside to this?

go start a lemonade stand, run the numbers and see what the score really is.

i have niether the time nor the patience to explain the minutiae of business for you.

in brief, Materials Cost + Production Expenses (including labour) + Desired Profit = Price for your product or service.

if any cost increases you must either raise your prices or lower your profit expectation. if profit becomes so low that you can no longer justify the operation, you will close down and do something else. if profits drop below Zero, you are already closed, and youre just losing your shirt.

any laws passed to cap prices would simply cause those companies who cannot turn a decent profit under the cap to turn to some other endeavor or close.

you cannot pass a law that forces somebody to give away all their money and pauper themselves, nor can you force somebody to be in business against their will, though apparently you CAN now force people to buy shit they dont want.

 

[UncleBuck]

the Australian minimum wage is riddled with exceptions, the average burgerstand employee makes FAR less than the "minimum wage" in australia






http://www.theatlantic.com/business/...tralia/278313/
http://www.huffingtonpost.com/2013/0...n_3672006.html


and thats how you actually do demolish a BuckFact(tm)

no, that's how you try to lie through your teeth when you don't like the facts that buck presents.

articles did not say what you needed them to say by any stretch of the imagination.

prices are still not double in australia, despite the double pay for those at the bottom.

edit: the huffpo article actually doesn't say one thing about australian min wage. you are truly fucked in the head.

 

[UncleBuck]

go start a lemonade stand, run the numbers and see what the score really is.

i have niether the time nor the patience to explain the minutiae of business for you.

in brief, Materials Cost + Production Expenses (including labour) + Desired Profit = Price for your product or service.

if any cost increases you must either raise your prices or lower your profit expectation. if profit becomes so low that you can no longer justify the operation, you will close down and do something else. if profits drop below Zero, you are already closed, and youre just losing your shirt.

any laws passed to cap prices would simply cause those companies who cannot turn a decent profit under the cap to turn to some other endeavor or close.

you cannot pass a law that forces somebody to give away all their money and pauper themselves, nor can you force somebody to be in business against their will, though apparently you CAN now force people to buy shit they dont want.

was there supposed to be an actual rebuttal in there?


or did you intend to simply repeat the same bullshit, cover it with more unproven theory (bullshit), and end with a display of your hatred for obamacare??

 

[Dr Kynes]

no, that's how you try to lie through your teeth when you don't like the facts that buck presents.

articles did not say what you needed them to say by any stretch of the imagination.

prices are still not double in australia, despite the double pay for those at the bottom.

another example of Buckfact(tm)

huffpo, the source for your shitty anal-ysis was WRONG, australia's minimum wage IS full of exceptions exemptions and special dispensations, and they do NOT use the same business model as US or even european McBurger stands.

 

[abandonconflict]

Aggregate demand is the market.

 

[Dr Kynes]

was there supposed to be an actual rebuttal in there?


or did you intend to simply repeat the same bullshit, cover it with more unproven theory (bullshit), and end with a display of your hatred for obamacare??

unproven theory?

provide me with a business model which allows you to lose money on every transaction yet still turn a profit, and ill jump on that shit like a mofo!

show me one example of a cost that does not get passed on to the customer one way or another, and ill eat my hat.

demonstrate the method by which a particular expense can increase, (much less DOUBLE) without A: raising prices, B: lowering profits or C: requiring cut-backs and economies elsewhere in the chain.

you are foolish.

 

[Dr Kynes]

Aggregate demand is the market.

no it is not.

 

[echelon1k1]

the Australian minimum wage is riddled with exceptions, the average burgerstand employee makes FAR less than the "minimum wage" in australia






http://www.theatlantic.com/business/...tralia/278313/
http://www.huffingtonpost.com/2013/0...n_3672006.html


and thats how you actually do demolish a BuckFact(tm)

Here is the REAL facts on Australian minimum wage. Unless verifiable on fairwork.gov.au the article should be disregarded.

http://www.fairwork.gov.au/media-centre/media-releases/2011/05/pages/20110501-macdonalds-pay-packet.aspx

http://www.fairwork.gov.au/PAY/NATIONAL-MINIMUM-WAGE/pages/default.aspx

Federal minimum wage laws are taken very seriously here, if an employer chooses to fuck around with them, they WILL find themselves either investigated by a statutory authority or/and brought before a judge in either an industrial, criminal or civil proceeding. This will also be coupled with immense media pressure and scrutiny with everything but the investigatory stage open to the media and public.

 

[UncleBuck]

another example of Buckfact(tm)

huffpo, the source for your shitty anal-ysis was WRONG, australia's minimum wage IS full of exceptions exemptions and special dispensations, and they do NOT use the same business model as US or even european McBurger stands.

the huffpo article doesn't say one thing about australia in any way, dumbass.

and the atlantic article points out ONE exception (a far cry from being FULL of exceptions), which is that kids need not be paid the adult min wage. it makes no attempt to even put an average wage out there.

how many more countries do i need to trot out before you admit that facts matter? how about new zealand, where wages are 128% of ours and the big mac is 97% of what ours cost?

no, you wouldn't care.

you rely 100% on theory. shitty, unproven theory.

you have no real world examples or empirical evidence to even support your retarded theory.

theory and talking points and anecdotal evidence is all you have.

sucks to be you.

 

[UncleBuck]

unproven theory?

yep, you talk out of your ass and have zero real world, empirical evidence to back up any of what you say.

not one single iota.

show me one example of a cost that does not get passed on to the customer one way or another, and ill eat my hat.

USofA, 2006-2009.

min wage goes up 41%, big mac goes up 15%.

why did they not pass on that 41% wage hike, miss kynes?

ya see, that's the thing.

you have unproven theory (aka republican talking points), and i have reality (aka cold hard facts).

my erection waits for you.

 

[Padawanbater2]

if any cost increases you must either raise your prices or lower your profit expectation. if profit becomes so low that you can no longer justify the operation, you will close down and do something else. if profits drop below Zero, you are already closed, and youre just losing your shirt.

Do you think if Walmart or McDonalds lowered their profit expectation they would close down?

any laws passed to cap prices would simply cause those companies who cannot turn a decent profit under the cap to turn to some other endeavor or close.

That's not what I said.

I said that instead of the increase in cost to pay for the employee's higher wage going to the consumer (raising prices), it comes out of the companies multibillion dollar net profits. The business can raise prices however it likes

 

[abandonconflict]

no it is not.

Try being a merchant where people ain't buying shit.

 

[see4]

I just slapped my erect penis on the top of my bathroom counter. It made a loud thud.

 

[UncleBuck]

I just slapped my erect penis on the top of my bathroom counter. It made a loud thud.

those cookie cutter homes in AZ have great acoustics, especially for the activity you mentioned.