Schuylaars Sesh - Executive Order and Minimum Wage..

ginwilly

ginwilly

Well-Known Member
UncleBuck said:
the immutable laws of mathematics were not enough for you?
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I have to admit all the math you provided when you said "the math" was overwhelming. I'm going to stop responding to you for a while to digest all that data you provided.
 
Canna Sylvan

Canna Sylvan

Well-Known Member
ginwilly said:
Sure. I've heard several theories, what's yours?
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How do you keep the stupid masses from spending all their retirement and not savingg a penny? Multi-million dollar athletes go broke and rely on their SS check. Not collecting a SS tax would lead to millions of deaths which would make our nation look like the poorest parts of Ethiopia. Your consumption tax would lead to that. Then the super elite will build a space station named Elsyium. How can you let that happen? Well, I personally think I'd save for a space shuttle ticket just to get away from Matt Damon and Buck.
 
ginwilly

ginwilly

Well-Known Member
Canna Sylvan said:
How do you keep the stupid masses from spending all their retirement and not savingg a penny? Multi-million dollar athletes go broke and rely on their SS check. Not collecting a SS tax would lead to millions of deaths which would make our nation look like the poorest parts of Ethiopia. Your consumption tax would lead to that. Then the super elite will build a space station named Elsyium. How can you let that happen? Well, I personally think I'd save for a space shuttle ticket just to get away from Matt Damon and Buck.
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Elysium looked pretty from what I saw.

Our SS system is outdone by nearly all others that allow people choices. I would much rather see our system copying the Chilean system. If I had invested my SSI tax the last 30 years at the same rate in the market, I'd be able to retire now in my 40's.

Also, you ask about SSI as though each of us pay our own. There is no reason it couldn't remain exactly the same and be part of the budget. The government has already shown that money is fungible, just because it says SSI withdrawal doesn't mean that's what it goes to. We don't get out what we put in, for some it's much more, for some it's none.

So in other words, since SSI comes out of the general budget now, it could come out of the general budget then. I'd rather develop a better system though.
 
NLXSK1

NLXSK1

Well-Known Member
ginwilly said:
Elysium looked pretty from what I saw.

Our SS system is outdone by nearly all others that allow people choices. I would much rather see our system copying the Chilean system. If I had invested my SSI tax the last 30 years at the same rate in the market, I'd be able to retire now in my 40's.

Also, you ask about SSI as though each of us pay our own. There is no reason it couldn't remain exactly the same and be part of the budget. The government has already shown that money is fungible, just because it says SSI withdrawal doesn't mean that's what it goes to. We don't get out what we put in, for some it's much more, for some it's none.

So in other words, since SSI comes out of the general budget now, it could come out of the general budget then. I'd rather develop a better system though.
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I am tempted to watch the movie but the plot is annoying to me...
 
ginwilly

ginwilly

Well-Known Member
NLXSK1 said:
I am tempted to watch the movie but the plot is annoying to me...
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There's definitely a message that the rich are keeping the poor down, and the poor deserve whatever the rich worked for because they didn't really earn it. If you can overlook that, there is some cool effects and scenery , some decent action and a love story. It's definitely propaganda, but entertaining if you can get past it.
 
UncleBuck

UncleBuck

Well-Known Member
ginwilly said:
There's definitely a message that the rich are keeping the poor down, and the poor deserve whatever the rich worked for because they didn't really earn it. If you can overlook that, there is some cool effects and scenery , some decent action and a love story. It's definitely propaganda, but entertaining if you can get past it.
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i bet you also call 'how the grinch stole christmas' bolshevik propaganda and social engineering when you're not too busy spamming silly daydreams you had about a consumption tax landing on the rich and telling everyone that trickle down has actually worked.

go hang another shirtless reagan poster in your bedroom, it's a better use of your time.
 
N

NoDrama

Well-Known Member
NLXSK1 said:
Do you know why businesses pay benefits at all??

It is because in the past the government had the bright idea to limit the income of individuals and thus forcing companies to come up with creative solutions to pay people more than the max...

So, government got us here in the first place...
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This is what government does best, implements new laws, then seeing the secondary effects that it didn't know would happen, create more laws to undo the bad effects of the first law. It's like a doctor who prescribes a drug, then for every side effect you get a new drug, and new drugs on top of that to offset the side effects of the drugs used to offset the side effects, pretty soon you are taking 30-50 pills a day. Or pretty soon you have 100,000's of laws that very few know about, making people unwitting criminals through actions that had no ill intent.
 
N

NoDrama

Well-Known Member
Canna Sylvan said:
How do you keep the stupid masses from spending all their retirement and not savingg a penny?
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We probably shouldn't if we believe in evolution. Letting the stupid people be easily separated from their money by the smarter people will only enhance the gene pool, making the future generations better. ???
 
N

NoDrama

Well-Known Member
UncleBuck said:
and is being hamstrung by austerity.
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I LOL'd

What Austerity?

We printed up more money in the last 5 years than ever in the totality of history, we are all riding on a huge ocean of liquidity, there is not even a whisper of austerity.

Austerity, LOL that's a good one.
 
ginwilly

ginwilly

Well-Known Member
If only we could spend more on ball washing lessons and tattoo removal we'd be out of debt by now.

Buck's economic theory: "Herp derp aggregate demand, I like pie"
 
desert dude

desert dude

Well-Known Member
schuylaar said:
President Obama has the right to raise minimum wage via Executive Order..will it come down to that and what do you think it will be?

I'm hoping it's $15/hour or somewhere in the general vicinity this will bring gross from an unliving wage of $290/week to a living wage of $600/week..further, pretty funny that McD's pulled their "McResources" after public outcry..

blogging and getting people involved really does work..
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Why not just make minimum wage $50.00 per hour and catapult all the burger flippers firmly into the middle class? Our emperor has the authority to do it, and I am told by very progressive people here at RIU that labor costs have no impact on profitability, so why not just make everybody middle class by edict?
 
C

ChesusRice

Well-Known Member
desert dude said:
Why not just make minimum wage $50.00 per hour and catapult all the burger flippers firmly into the middle class? Our emperor has the authority to do it, and I am told by very progressive people here at RIU that labor costs have no impact on profitability, so why not just make everybody middle class by edict?
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Mcky D Franchise owners are making 500k profit a year on average
They aint gonna go out of business
 
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