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Senor Fabuloso Inner circle 1243 Posts 
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On Oct 31, 2018, S2000magician wrote: LOL But it was I, who posted the site. Now your just arguing for the sake of arguing. I have more important things to do. So teach your class and I'll return, when I can learn something from you.
No matter how many times you say the wrong thing, it will NEVER be right.
If I'm not responding to you? It's because you're a TROLL! |
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 30, 2018, Mr Salk wrote: I didn't realize that I was trying to justify exploitation. What I'm saying is that while minimum wage laws benefit the minimum-wage workers who keep their jobs, they harm the minimum-wage workers who lose their jobs because employers cannot (or will not) pay the increased wage. And the net result is generally that minimum-wage earners collectively earn less money in toto. Which is better: Bob and his neighbor George each earn $10 per hour, or Bob earns $15 per hour and George loses his job? |
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 31, 2018, Senor Fabuloso wrote: Apparently without understanding that it was saying that you were wrong. |
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Mr Salk Special user Tied to 568 Posts
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On Oct 31, 2018, S2000magician wrote: Employers will pay the wage-increase and kick it down to consumers. You know it doesn't matter which side gets taxed; the market will shift the balance. It's always better to be Bob! This is the tricky part. Are real-wages keeping up with inflation? Depending on the wage and circumstances, either proposition may be preferred. Is it better for Bob and George to be broke at 10$hr than for Bob to make $15hr and George to be unemployed? Is it better for society to have two struggling desperate people, or one? I'm arguing there are human-elements that are not clearly solvable by economics.
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Jonathan Townsend Eternal Order Ossining, NY 27300 Posts
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On Oct 31, 2018, S2000magician wrote: That reads as a part of a Prisoner's Dilemma game. Is there a strategy?
...to all the coins I've dropped here
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The Hermit.jpg "View Profile") Veteran user 301 Posts
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On Oct 31, 2018, Mr Salk wrote: I love it when we mix emotion with economics. You should stop now. It is not the responsibility of a business to pay a living wage. Never was, never will be. Human elements are never part of the equation. Businesses are created for a market. Jobs are a by product. Sometimes they're good ones, sometimes their not. |
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 31, 2018, Mr Salk wrote: You're assuming that demand for the employer's good/service is price inelastic. Often it's not. |
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magicalaurie Inner circle Ontario, Canada 2962 Posts
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Https://www.mi-feed.com.au/shop/roasted-work-horse-flakes/
Who feeds the work horse? ---------------------------------------------------------------------------------------------- If you don't want to deal with social, emotional issues, hire a machine. Even it will breakdown on ya, and without any remorse at all, if you fail to keep it in good working order. |
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magicalaurie Inner circle Ontario, Canada 2962 Posts
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This situation was created because those who don't want to do their dirty work themselves need to make it necessary for someone else to do it for them. Bottom line. Take the food away, put money in the way, and make 'em work for it, so you profit in time and money. The rich get richer is the name of this game. And it's a social one, of trying to dominate others. Who created money?
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Dannydoyle Eternal Order 21263 Posts
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Laurie it is not about not wanting to deal with the social and emotional issues of employees. Though people often do use that as a false argument to further their own social goals.
Danny Doyle
<BR>Semper Occultus <BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell |
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magicalaurie Inner circle Ontario, Canada 2962 Posts
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ed rhodes Inner circle Rhode Island 2889 Posts
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On Oct 31, 2018, magicalaurie wrote: Money was created because it was too hard to work out the change in barter. Working for salary pre-dates actual money. The term “salary” comes from “salt,” as Roman soldiers were paid not in money, but in salt. https://m.youtube.com/watch?v=BAFSrKqIKdc I’m not formatting this, because I’m on the cellphone and it doesn’t work very well.
"...and if you're too afraid of goin' astray, you won't go anywhere." - Granny Weatherwax
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Mr Salk Special user Tied to 568 Posts
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On Oct 31, 2018, The Hermit wrote: Agreed. It is the Government's responsibility to ensure that businesses do not exploit workers with unsafe or unethical conditions and to set minimum-wages. Surely the industrial revolution taught us something about workers-rights? Quote:
On Oct 31, 2018, S2000magician wrote: If businesses can't survive price-increases due to reasonable wage-increases, that's the fault of the businesses-structure, not the workers. There is no promise of success dependent on the exploitation of cheap-labor. But dang it can build some nice pyramids.
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 31, 2018, Mr Salk wrote: Who said anything about fault? Do you understand price elasticity? |
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magicalaurie Inner circle Ontario, Canada 2962 Posts
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Https://www.nationalobserver.com/2018/01......debunked
"Lars Osberg, a Dalhousie University economics professor and a former president of the Canadian Economics Association, and his colleagues assert, 'Seven … Nobel Prize winners endorse a 40-per-cent increase in the U.S. minimum wage and a former editor of The Economist, the world’s most influential free-market voice, recently called for big minimum-wage hikes to help boost lackluster purchasing power across the industrialized world.'” |
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Dannydoyle Eternal Order 21263 Posts
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Please define "reasonable wage-increases" for us.
Danny Doyle
<BR>Semper Occultus <BR>In a time of universal deceit, telling the truth is a revolutionary act....George Orwell |
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landmark Inner circle within a triangle 5194 Posts
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On Oct 31, 2018, S2000magician wrote: No, Bill, because demand increases as workers have more disposable income to spend. I think you would be hard pressed to show that workers in States with lower minimum wage floors are better off than those with higher minimums.
Click here to get Gerald Deutsch's Perverse Magic: The First Sixteen Years
All proceeds to Open Heart Magic charity. |
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 31, 2018, landmark wrote: I'm sure I would be. But that doesn't contradict what I wrote. You're assuming that the equilibrium minimum wage is the same across states. There's no reason to assume that it is and, in fact, lots of reason for it not to be. |
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Mr Salk Special user Tied to 568 Posts
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On Oct 31, 2018, Dannydoyle wrote: It's reasonable that the minimum-wage should pace the CPI to keep up with inflation.
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S2000magician Inner circle Yorba Linda, CA 3465 Posts
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On Oct 31, 2018, Mr Salk wrote: Why? |
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| The Magic Cafe Forum Index » » Not very magical, still... » » Should the federal minimum wage be $15 hourly? » » TOPIC IS LOCKED (17 Likes) | ||||||||||
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Posted: Oct 31, 2018 04:55 pm 
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