The True Cost of California's Minimum Wage Hikes

[HisArpy]

A good corporate neighbor is always willing to work as a team with the local community/local government to ensure the shared relationship is a winning and productive one.

This is meaningless as an answer to anything except PR.

 

[NOIRTRASH]

Your ideology of meritocracy is flawed.

A company shouldn't be allowed to make billions of dollars in profit every year, if it's at the expense of the citizens.
There's no evidence that their wealth led to a trickle down effect -on the contrary- . It just filled their pockets.

^^^^^She ok with celebrities and pols making fortunes.

 

[Rightguide]

Your ideology of meritocracy is flawed.

A company shouldn't be allowed to make billions of dollars in profit every year, if it's at the expense of the citizens.
There's no evidence that their wealth led to a trickle down effect -on the contrary- . It just filled their pockets.

What company makes billions of dollars a year at the expense of the citizens, besides government?

 

[Mello_SixtyNine]

Your ideology of meritocracy is flawed.

A company shouldn't be allowed to make billions of dollars in profit every year, if it's at the expense of the citizens.
There's no evidence that their wealth led to a trickle down effect -on the contrary- . It just filled their pockets.

This might be the dumbest statement I've read on the Lit boards...and I've read a lot!

 

[ishtat]

Add to that the fact that no one is forced to do business with those companies. Those companies are obviously providing a superior product or service at a competitive cost to the consumer.

Ishmael

There are some exceptions that need looking at. For example many pharmaceutical companies in the USA are protected from competition from foreign producers which are making identical and legal products. The effect of banning the import is to give the American producer a monopoly position in the US market enabling them to jack up the price to the maximum bearable.

The Consumer has two choices, either pay the grossly inflated price in the US market or buy the product illegally on the internet from overseas.

My company provides services to this industry and the US exclusion of many (completely legal) foreign producers adds massively to the costs for consumers of US health services .

However, I am not claiming that situation prevails in all sectors.

 

[NOIRTRASH]

https://www.youtube.com/watch?v=urnRVr1P2bc

TRASHBAG46 on the GB posting.

I MEANT TO DO THAT!

 

[Rightguide]

There are some exceptions that need looking at. For example many pharmaceutical companies in the USA are protected from competition from foreign producers which are making identical and legal products. The effect of banning the import is to give the American producer a monopoly position in the US market enabling them to jack up the price to the maximum bearable.

The Consumer has two choices, either pay the grossly inflated price in the US market or buy the product illegally on the internet from overseas.

My company provides services to this industry and the US exclusion of many (completely legal) foreign producers adds massively to the costs for consumers of US health services .

However, I am not claiming that situation prevails in all sectors.

But let's not lose sight of the fact that American drug costs are priced to absorb tort unlimited liability other countries limit under their law.

 

[Disgustipated]

What company makes billions of dollars a year at the expense of the citizens, besides government?

Every fucking pharm company, you ignorant dipshit.

 

[Miles]

Now you and LadyFunk tell me again how my family and friends have no right to opiniate on the US system,
cuz they're white immigrants.

You fucking anti- white xenophobes.

Did you ever make it past grade 3?

 

[Saint Peter]

Did you ever make it past grade 3?

Just in time to get the driver's license.

 

[Miles]

Thanks.
That way of conceptualising their politics (communist instead of liberal or even globalist ) makes more sense to me, and it makes me understand the contradictions in their political platforms.

Now give me a bit of leeway when you read these, because I'm not very well informed in politics.

1. I'm for universal healthcare and affordable education and fair salaries instead of corporations exploiting blue collar workers to the bone. I consider these to be liberal goals
- And these goals are present in the Democrat's platform too. Which is cool

2.But these are at odds with their other goals which I consider to be of a commie mentality and anything But liberal:
- a subtle attack on the middle class (lowered incomes) in the name of equality,
- bringing down the salaries of the blue collar american citizen by accepting illegal alien workers in the name of equality and anti- racism
- and so on

The bolded part you can use on every conversation you wish to jump into and bleat your ignorant heart out about. YW

 

[Miles]

Just in time to get the driver's license.

*chuckles*

 

[cowslinger64]

What company makes billions of dollars a year at the expense of the citizens, besides government?

This might be the dumbest statement I've read on the Lit boards...and I've read a lot!

Sorry to link it to an ultra left site like Forbes.


https://www.forbes.com/sites/clareo...-2-billion-in-public-assistance/#51df979d720b

 

[Miles]

I did c&p the whole thing, but the author wants this word to spread, so I feel that I have not violated any of the guidelines here at Lit or any other standard.

OMG, you found the one author that wants everyone to read what they wrote! Nice job.

 

[Ishmael]

There are some exceptions that need looking at. For example many pharmaceutical companies in the USA are protected from competition from foreign producers which are making identical and legal products. The effect of banning the import is to give the American producer a monopoly position in the US market enabling them to jack up the price to the maximum bearable.

The Consumer has two choices, either pay the grossly inflated price in the US market or buy the product illegally on the internet from overseas.

My company provides services to this industry and the US exclusion of many (completely legal) foreign producers adds massively to the costs for consumers of US health services .

However, I am not claiming that situation prevails in all sectors.

Another instance of the 'unseen hand' of government.

For some reason politicians, of all stripes, seem to believe that they are our caretakers and we're merely children that must be protected from ourselves.

Whatever happened to Caveat Emptor?

Ishmael

 

[hashtag46]

Thanks for all the flattering words.

Now explain to me how these are ok:

World's eight richest people have same wealth as poorest 50%
https://www.theguardian.com/global-...richest-people-have-same-wealth-as-poorest-50,
"A new report by Oxfam warns of the growing and dangerous concentration of wealth

Oxfam said it was “beyond grotesque” that a handful of rich men headed by the Microsoft founder Bill Gates are worth $426bn (£350bn), equivalent to the wealth of 3.6 billion people.
While one in nine people on the planet will go to bed hungry tonight, a small handful of billionaires have so much wealth they would need several lifetimes to spend it. The fact that a super-rich elite are able to prosper at the expense of the rest of us at home and overseas shows how warped our economy has become.”

The development charity called for a new economic model to reverse an inequality trend that it said helped to explain Brexit and Donald Trump’s victory in the US presidential election.

Oxfam blamed rising inequality on aggressive wage restraint, tax dodging and the squeezing of producers by companies, adding that businesses were too focused on delivering ever-higher returns to wealthy owners and top executives."

 

[hashtag46]

Sorry to link it to an ultra left site like Forbes.


https://www.forbes.com/sites/clareo...-2-billion-in-public-assistance/#51df979d720b

Yeah, I heard about these evasive measures employed by Wallmart. Or exploting all sorts of loopholes like employing part-time workers.

"Walmart's low-wage workers cost U.S. taxpayers an estimated $6.2 billion in public assistance including food stamps, Medicaid and subsidized housing, according to a report published to coincide with Tax Day, April 15."

 

[hashtag46]

Youall mock my lack in economic understanding. And I agree with that part.

But what I'm trying to point out is that I see no discussion about income inequality or the 0.01% from either GB democrats or republicans..

Instead, to an outsider it seems like for you it's all about whites versus blacks, minimum wage workers versus the middle class. And that you agree with income inequality as in 0.01% owning more than the rest.

 

[HisArpy]

Thanks for all the flattering words.

Now explain to me how these are ok:

World's eight richest people have same wealth as poorest 50%
https://www.theguardian.com/global-...richest-people-have-same-wealth-as-poorest-50,
"A new report by Oxfam warns of the growing and dangerous concentration of wealth

Oxfam said it was “beyond grotesque” that a handful of rich men headed by the Microsoft founder Bill Gates are worth $426bn (£350bn), equivalent to the wealth of 3.6 billion people.
While one in nine people on the planet will go to bed hungry tonight, a small handful of billionaires have so much wealth they would need several lifetimes to spend it. The fact that a super-rich elite are able to prosper at the expense of the rest of us at home and overseas shows how warped our economy has become.”

The development charity called for a new economic model to reverse an inequality trend that it said helped to explain Brexit and Donald Trump’s victory in the US presidential election.

Oxfam blamed rising inequality on aggressive wage restraint, tax dodging and the squeezing of producers by companies, adding that businesses were too focused on delivering ever-higher returns to wealthy owners and top executives."

Jealous much?

The truth is that people get rich because they work hard and find themselves or their product/invention/intellectual property desirable by others.

But, let's look at an example. Take someone whose mental intellect is, say an 80 IQ on the one hand, and Steven Hawkins on the other.

Both are severely disabled. Yet, who is more valuable as a contributor to society? Which one advances knowledge AND understanding of the human part of society?

Should they both be paid EXACTLY the same? Should government tell the valuable one that their mind/labor isn't worth anything and therefore they should work for free after a certain level of income is achieved?

Different people contribute in different ways. The result is that their earnings potential is also different. There is no way to make it equal without telling the successful to stop or be punished. At which point society goes into stagnation (not stasis) and dies.

 

[Disgustipated]

Youall mock my lack in economic understanding. And I agree with that part.

But what I'm trying to point out is that I see no discussion about income inequality or the 0.01% from either GB democrats or republicans..

Instead, to an outsider it seems like for you it's all about whites versus blacks, minimum wage workers versus the middle class. And that you agree with income inequality as in 0.01% owning more than the rest.

No, you got that wrong too.

 

[BotanyBoy]

Now explain to me how these are ok:

World's eight richest people have same wealth as poorest 50%

Unless they obtained that wealth via nefarious means, how is it not ok?


Can you or can you not justify the arbitrary limitation of a persons income?

But what I'm trying to point out is that I see no discussion about income inequality or the 0.01% from either GB democrats or republicans..

There will always be income inequality.

What does the 0.01% have to do with shit?

 

[HisArpy]

Youall mock my lack in economic understanding. And I agree with that part.

But what I'm trying to point out is that I see no discussion about income inequality or the 0.01% from either GB democrats or republicans..

Instead, to an outsider it seems like for you it's all about whites versus blacks, minimum wage workers versus the middle class. And that you agree with income inequality as in 0.01% owning more than the rest.

You spout this line a lot as a defense against criticism of your posts. Yet, you can change this by reading some books or articles on basic economics and politics and the other things you opine on. They aren't even hard or tedious to read.

But you don't. One wonders why you choose to be perpetually unedificated.

 

[hashtag46]

Why should I be jealous?
It's just an online discussions, and I'm in no way impacted by these things. And I'm not referring to multi- millionaires, just to billionaires.


I just challenge the moral and ethical values of a society that allows some to make billions of dollars in profit while their workers can barely afford a decent standard of living. And the fact that some of those are allowed to make their profits by hollowing countries' economy.

Since the neoliberal - globalist - corporatist ideology took roots in the 70's, we've become a global society that elevated speculators and money lenders to the rank of nobility.
Instead of the people who trully make contributions to civilisations like innovations and so on.

Just a trivia: A few hundred years ago, speculators were hanged.

 

[hashtag46]

You spout this line a lot as a defense against criticism of your posts. Yet, you can change this by reading some books or articles on basic economics and politics and the other things you opine on. They aren't even hard or tedious to read.

But you don't. One wonders why you choose to be perpetually unedificated.

Ok, youall agree that I'm dumb.

But what's your view on all Oxfam's reports re income inequality and that so much wealth is concentrated in the hands of 0.01%?


Youall american democrats and republicans are brainwashed by american propaganda, and you've become defenders of the 0.01%.
Meanwhile, good luck with killing each others whites versus blacks, gays versus straights, blue collar workers versus those who earn around 100.000 a year.

 

[Mello_SixtyNine]

Thanks for all the flattering words.

Now explain to me how these are ok:

World's eight richest people have same wealth as poorest 50%
https://www.theguardian.com/global-...richest-people-have-same-wealth-as-poorest-50,
"A new report by Oxfam warns of the growing and dangerous concentration of wealth

Oxfam said it was “beyond grotesque” that a handful of rich men headed by the Microsoft founder Bill Gates are worth $426bn (£350bn), equivalent to the wealth of 3.6 billion people.
While one in nine people on the planet will go to bed hungry tonight, a small handful of billionaires have so much wealth they would need several lifetimes to spend it. The fact that a super-rich elite are able to prosper at the expense of the rest of us at home and overseas shows how warped our economy has become.”

The development charity called for a new economic model to reverse an inequality trend that it said helped to explain Brexit and Donald Trump’s victory in the US presidential election.

Oxfam blamed rising inequality on aggressive wage restraint, tax dodging and the squeezing of producers by companies, adding that businesses were too focused on delivering ever-higher returns to wealthy owners and top executives."

Bill Gates is on that list. His company Microsoft employs 61,000 directly and 14.7 million jobs were created globally because of Microsoft. All of those millions of people that have jobs are due to Bill Gates. They can support themselves and their families because of Bill Gates.

He didn't get rich by hacking peoples bank accounts or hired muscle to shake down people for their cash. He got filthy rich because he made products that over a billion people use on a daily basis. He was probably one of the hardest working people there. First to show up, last to leave. He is also giving away his vast fortune to charities that he believes in.

Elon Musk has that same gift. He said in an interview that he typically works 16 hours a day...every day!

That's why those guys are filthy rich and deservedly so. They have a a unique drive, determination, and work ethic to succeed.