Double Dip Recession Coming?
- Thread starter Illegal Smile
- Start date
Harrekin
Well-Known Member
It's better than your solution Bucky whereby you tax the rest of the people harder and the person who once got 70c a shirt now doesn't have to work at all.
by paying someone $0.70 to make a shirt, and selling it for $29.99.
UncleBuck
Well-Known Member
that's not my solution at all.
my solution would be something like a wage floor. perhaps we can call it a "minimum wage". along with regulations that keep corporations from readily exploiting workers.
i'm sure someone will be along to tell me why this could not work, despite all the empirical evidence to the contrary.
We are already well into another downturn. By the time they say we are in a recession it is almost over. I do investing and make money on it, I never listen to politicians, they always lie, they are very consistent. I do look at how things are, currently I see:
Wage deflation - people taking wage cuts or getting rehired making much less money.
Moderate price inflation.
All of the things listed below in the quote and much more have taken large real cuts in spending, that is something that has already happened.
Continuing high unemployment, just about depression levels if they are calculated in the same way as they did then, I dont think anyone will argue this.
Everyone I talk to thinks thinks the government is spending too much and has to spend less. If Congress and the White-house do what they say there going to do a recession is very likely. It the things that make good political sense to do are the very things that will make things worse, that is where we are now. Until something changes I see at least two more year of economic sickness. There is hope, they rarely keep there word.
We are in an ongoing long depression/recession with occasional sags that are worse.
Wage deflation - people taking wage cuts or getting rehired making much less money.
Moderate price inflation.
All of the things listed below in the quote and much more have taken large real cuts in spending, that is something that has already happened.
Continuing high unemployment, just about depression levels if they are calculated in the same way as they did then, I dont think anyone will argue this.
Everyone I talk to thinks thinks the government is spending too much and has to spend less. If Congress and the White-house do what they say there going to do a recession is very likely. It the things that make good political sense to do are the very things that will make things worse, that is where we are now. Until something changes I see at least two more year of economic sickness. There is hope, they rarely keep there word.
We are in an ongoing long depression/recession with occasional sags that are worse.
lifegoesonbrah
Well-Known Member
You would be for higher unemployment
UncleBuck
Well-Known Member
if you can't pay a worker a livable wage, don't hire them.You would be for higher unemployment
lifegoesonbrah
Well-Known Member
cool so they will make nothing instead of something, sounds great.
UncleBuck
Well-Known Member
i know you're in love with the rawn pawl world of nike sweatshops but most of us are not.
Illegal Smile
Well-Known Member
Why should I pay anyone more than they are worth to me? If the amount I pay isn't enough, don't interview.
The idea that the government should be involved in this is what got us where we are.
The idea that the government should be involved in this is what got us where we are.
UncleBuck
Well-Known Member
Illegal Smile
Well-Known Member
Right. The government is the only thing standing between us and sweatshops. 
UncleBuck
Well-Known Member
they existed here until government intervened.Right. The government is the only thing standing between us and sweatshops.
empirical evidence does not agree with you, how sad for you.
kelly4
Well-Known Member
Now it's the fault of the employer that someone is willing to work for less?
If the potential employee doesn't like the pay being offered, they can simply not take the job. If the employee is needed enough, the wage will go up.
Maybe OBAMA can mandate a country wide workers union. We can all make a mandated amount, maybe $100 an hour? Plus mandated Obenefits, of course.
Corso312
Well-Known Member
oh cmon man...this really is not even debate worthy...no jobs here..they are over seas...rich fucks abusing the tax code and paying dirty politicians to keep things this way.... not take the job? many don't ..but the next sucker will out of desperation. cheap wages and no healthcare ..we are the last industrialized nation not to have universal coverage..retarded! and corrupt!
kelly4
Well-Known Member
Maybe OBAMA should inject our economy with another stimuless or two. LOL!
UB harps on how well it worked, we could easily just do a few more...LOLOL!
UncleBuck
Well-Known Member
so i assume you took your tax breaks and fed them to pigeons at the park or something?
LOL!
UncleBuck
Well-Known Member
that's it, when you can't dispute historical fact, make up strawmen!
sweatshops were the good ol' days of america, let's make a return to them. because sweatshops are what make america great and prosperous.
kelly4
Well-Known Member
If it worked so well, why not do another stimuless?
Wait.........I've asked you this before, a few times. LOL!
kelly4
Well-Known Member
I bet you're SO anti sweatshop that only HALF your clothes are made in one.
Thanks for caring! LOL!
UncleBuck
Well-Known Member
we should, and the first one should have been bigger.
so again, did you just use your tax breaks as toilet paper? stick them up your dog's ass? what?