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Another thread about the economy
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
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Another thread about the economy
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
Eta: at the end of the day and after all calculations and bills are paid we're talking about a couple of dollars left over to buy lunch with even after a wage increase. Don't worry. Sally the Walmart greeter won't be stashing millions into her mattress and getting one up over you if she gets a salary increase. But maybe she'll be able to afford her insulin and not die of a diabetic coma at Walmart's front door on the job while she's pointing you in the direction of electronics.
Message edited 1/17/2021 6:12:46 PM.
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Posted 1/17/21 6:00 PM  |
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Re: Another thread about the economy
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
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| Posted 1/17/21 6:08 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Another thread about the economy
I agree. It will hurt the economy if people can’t spend...
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| Posted 1/17/21 6:23 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Another thread about the economy
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
Eta: at the end of the day and after all calculations and bills are paid we're talking about a couple of dollars left over to buy lunch with even after a wage increase. Don't worry. Sally the Walmart greeter won't be stashing millions into her mattress and getting one up over you if she gets a salary increase. But maybe she'll be able to afford her insulin and not die of a diabetic coma at Walmart's front door on the job while she's pointing you in the direction of electronics.
YES to every single word of this. 
For the love of God, how there is even an argument about raising the freaking minimum wage is BEYOND my comprehension. We need to stop treating people like low level, disposable trash. Pay them a decent damn wage because I don't care how "simple" someone thinks their jobs are we absolutely NEED minimum wage workers as much as we need doctors and teachers and police. Everyone serves a purpose in our society.
As you pointed out, when you infuse money into the middle and lower class they will spend. When people spend the economy keeps flowing. People need to step out of their little bubble and realize that our country and economy is stronger when all Americans have the ability to make enough money to at least take care of themselves and their responsibilities.
Message edited 1/17/2021 6:38:08 PM.
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| Posted 1/17/21 6:37 PM |
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
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| Posted 1/17/21 6:55 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
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| Posted 1/17/21 11:29 PM |
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Re: Another thread about the economy
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
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| Posted 1/17/21 11:39 PM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
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| Posted 1/18/21 12:08 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Good luck trying to follow her thought process. LOL 
Message edited 1/18/2021 12:09:46 PM.
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| Posted 1/18/21 12:09 PM |
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Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
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| Posted 1/18/21 12:21 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
Why do you keep telling everyone this? We have read your posts, it's why we are all responding to you the way we are.
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| Posted 1/18/21 12:22 PM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
Eta: I wouldn't be responding to you if I hadn't read your post. I don't just randomly respond lol.
Message edited 1/18/2021 12:25:44 PM.
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| Posted 1/18/21 12:24 PM |
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Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
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| Posted 1/18/21 12:26 PM |
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Mrs213
????????
Member since 2/09 18986 total posts
Name:
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
Nobody wants to...
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| Posted 1/18/21 12:26 PM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
|
Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
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| Posted 1/18/21 12:31 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
No, you don't. YOU said that an increase in minimum wage "isn't fair" because these "low level" workers will be making close to what you do. Oh, and that teenagers don't deserve that money or need it. And that minimum wage is suppose to be a "starter job". And that increasing minimum wage will make things cost more for YOU. You also said people with these jobs should really just "work harder" but not ever expect a pay increase because again, it's "not fair" to you. Oh, and you seem to really have issues with Walmart greeters.
I think we are all hearing you loud and clear. 
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| Posted 1/18/21 12:34 PM |
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BFNY516
LIF Adult
Member since 7/20 1189 total posts
Name:
|
Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
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| Posted 1/18/21 12:34 PM |
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Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
Many employers don’t give raises for many years. Many will have to go out of business or lay off employees if they have to increase pay by $8/hour.
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| Posted 1/18/21 12:46 PM |
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MC09
arrrghhh!!!!
Member since 2/09 5674 total posts
Name:
Me speaks pirate!
|
Re: Another thread about the economy
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
Many employers don’t give raises for many years. Many will have to go out of business or lay off employees if they have to increase pay by $8/hour.
That is exactly my point. There are employers that do not raise wages year after year. Or raise it very minimally. But bills don't stop increasing during that "pay freeze". Also any increase that is implemented will be done gradually over the course of YEARS so that it can be sustained. It isn't an $8/hr increase overnight.
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| Posted 1/18/21 12:50 PM |
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|
|
Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
Many employers don’t give raises for many years. Many will have to go out of business or lay off employees if they have to increase pay by $8/hour.
That is exactly my point. There are employers that do not raise wages year after year. Or raise it very minimally. But bills don't stop increasing during that "pay freeze". Also any increase that is implemented will be done gradually over the course of YEARS so that it can be sustained. It isn't an $8/hr increase overnight.
That is what it was supposed to be but not 100% but it sounded like Biden wanted to get to $15 right away.
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| Posted 1/18/21 12:52 PM |
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Re: Another thread about the economy
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by MC09
Posted by valentinesbaby48
Posted by GoldenRod
Posted by valentinesbaby48
Posted by valentinesbaby48
Posted by MC09
Wouldn't you WANT middle and working class people having access to more disposable income though? I agree that everyone should live within their means, but if people's "means" is just barely enough to survive how does that help the economy? If people have no money to spend on "the luxuries" of a haircut, a manicure, a cup of coffee, a baked treat, a pair of pants, a birthday dinner, a bouquet of flowers what happens to local businesses?? How do they survive? How does the local florist, coffee shop, pizzeria, bakery, shoe store, barber shop, pet groomer, nail salon stay open?? Everybody wants local small businesses to stay open, but nobody wants the family next door to have a couple bucks left over to be able to patronize those businesses. Are we all just to rely on the wealthy to go buy 457 pairs of pants and 780 birthday dinners and 387 baked treats to make up for the fact that the average family can barely afford to keep these businesses open? And you can hold your breath while you wait for the wealthy to buy 780 pairs of pants from "Donna's Pants Emporium". It has been proven over and over again that "the peons" drive the economy forward, not the wealthy.
Everything and everyone is connected. As much as we want to think everyone is an island we are not. We all depend on each other for survival. If my neighbor has extra money to buy a pair of pants from Donna, Donna can pay the mechanic to fix her car, the mechanic has the money to hire another employee and order a pizza lunch for workers, the pizzeria owner has money to sponsor the local soccer team, etc.
I don't think anyone in any of these threads doesn't want people to have more disposable income. Is raising the minimum wage going to help that though is the question. Especially for small businesses who will either have to cut their employees hours or entire jobs. They will have to pay more for merchandise to sell to the average person so it is like a hamster wheel. You make more money, prices go up and you are at the same place you were before.
I don't know about you but every time we have gotten raises, our medical goes up or some other bill and while it is truly appreciated and we are grateful to be able to pay them, you don't necessarily get ahead. There is no extra disposable income many years.
https://www.investopedia.com/articles/markets-economy/090516/what-are-pros-and-cons-raising-minimum-wage.asp
Minimum wage was originally Federally mandated at 25 cents, in 1938.
Either you believe minimum wage needs to be increased, or you believe people should be making .25 an hour.
If you don't believe people should be making .25 an hour, then you believe we have to raise minimum wage to keep up with inflation.
I never said it shouldn’t go up. Just like the link says many times many don’t get ahead with prices that go up.
You have never gotten a raise and it went all or almost all to increasing bills?
So, you're reasoning is since the raise all went to increasing bills you would've been better off without having received that raise? Those bills wouldn't have increased if you wouldn't have received that raise. I'm just trying to follow your thought process.
Sigh, go back and read my posts.
I did read your posts. I basically paraphrased what you said about getting a raise and it all or mostly all going to increased bills. What did I miss?
And once again that is why I think it is good to have minimum wage increased and COL raises. For me personally it has helped, for many businesses the steep increase of pay will might break them. Their words not mine.
Paying your employees and providing for COL increases is a cost of doing business. It's part of being a business owner.
Many employers don’t give raises for many years. Many will have to go out of business or lay off employees if they have to increase pay by $8/hour.
That is exactly my point. There are employers that do not raise wages year after year. Or raise it very minimally. But bills don't stop increasing during that "pay freeze". Also any increase that is implemented will be done gradually over the course of YEARS so that it can be sustained. It isn't an $8/hr increase overnight.
In Memphis TN it would start immediately. Sorry tried to get the link but was giving me a hard time.
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| Posted 1/18/21 1:01 PM |
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LSP2005
Bunny kisses are so cute!
Member since 5/05 19458 total posts
Name:
L
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Re: Another thread about the economy
A gradual increase is what is needed. It is evident some people failed or never took basic economics. When you have a robust middle class and working class the entire country is prosperous. By saying oh my job is not paying me much more than $15 an hour it says you do not have critical thinking to even understand the argument. If you think your job would continue to just pay you $15 an hour then you would be free to go to a no or minimal skill job to make the same income. Therefore, since your employer knows that they would also have to raise your salary. It is not a zero sum game. Yes, there will be some inflation, but that is going to happen regardless of the increase in wages because we are at that point in the economic cycle.
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| Posted 1/18/21 4:48 AM |
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