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$15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.

 
Lance Roseman From BC

User ID: 77547432
Canada
02/28/2021 05:29 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
Wouldn't $100 an hour be MORE efficient?
 Quoting: Anonymous Coward 65942580


https://imgur.com/a/QrREmMU

If you are not busy weaving your own magick, you are trapped in anothers spell.
“It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius
MountainTux NLI

User ID: 78112118
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02/28/2021 05:41 PM

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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
>>The wealthy will never re-distribute their wealth. If you double minimum wage they will just charge double to consumers to make up for it.<<

It's not that simple. They can raise prices. They can't make people pay it.
 Quoting: Anonymous Coward 65942580


Oh, but it IS that simple.

You can't make someone pay for a luxury item, but everyone has to eat. Here's an example to clarify reality for you.

It used to be that a gallon of milk was like five bucks, and a litre of fancy coffee drink was nine. So people don't buy the luxury, just basic milk.

Today? Milk is over right dollars a gallon, the fancy drink is only seven fifty.

Now, you HAVE to buy the staple items so they price them high, and drop the price on non-essential items. People go holy hell, milk has gotten expensive! But hey, at least my fancy coffees are still affordable.

See how that works? You continue to lose, they continue to win. The answer has never been higher wages, but it seems that most choose to ignore that.

penguin
ad ignorantiam - The assumption of a conclusion or fact based primarily on lack of evidence to the contrary. Usually best described by, “absence of evidence is not evidence of absence.”
Anonymous Coward
User ID: 65942580
United States
02/28/2021 05:42 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
Wouldn't $100 an hour be MORE efficient?
 Quoting: Anonymous Coward 65942580


well, the Wealthy can either pay it in Taxes, or
as Wages to the Workers.

A reasonable Rational person would pay it to the Workers.

.
 Quoting: Anonymous Coward 76809044


You probably don't notice that both those options are offered at the point of a gun. get rid of your fucking government force, all they way up and down. Then you'll get efficient allocation of things.
Anonymous Coward
User ID: 65942580
United States
02/28/2021 05:48 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
>>The wealthy will never re-distribute their wealth. If you double minimum wage they will just charge double to consumers to make up for it.<<

It's not that simple. They can raise prices. They can't make people pay it.
 Quoting: Anonymous Coward 65942580


Oh, but it IS that simple.

You can't make someone pay for a luxury item, but everyone has to eat. Here's an example to clarify reality for you.

Now, you HAVE to buy the staple items so they price them high, and drop the price on non-essential items. People go holy hell, milk has gotten expensive! But hey, at least my fancy coffees are still affordable.

 Quoting: MountainTux NLI


If you pay more for something, you have that much less for something else. People either buy the first thing and not the second, or buy the second and not the first. I stand by the original comment. If you pay more for the milk, you CAN'T buy the coffee.
Anonymous Coward
User ID: 76809044
United States
02/28/2021 06:06 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
Wouldn't $100 an hour be MORE efficient?
 Quoting: Anonymous Coward 65942580


well, the Wealthy can either pay it in Taxes, or
as Wages to the Workers.

A reasonable Rational person would pay it to the Workers.

.
 Quoting: Anonymous Coward 76809044


You probably don't notice that both those options are offered at the point of a gun. get rid of your fucking government force, all they way up and down. Then you'll get efficient allocation of things.
 Quoting: Anonymous Coward 65942580


yup. sounds like you got it all figured-out.

.
roguetechie81

User ID: 79785318
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02/28/2021 06:27 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
$15 per hour Minimum Wage is the most efficient and
effective way to re-distribute the wealth.

.
 Quoting: Anonymous Coward 79481126


Yes. It will take what little the 99% have and finish transferring it to the 1% in no time.

Fucking idiot
roguetechie
Anonymous Coward
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United States
02/28/2021 06:35 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
No 're-distribute the wealth. Learn skills learn trades and get a job. GD bums always looking for a hand out to live off the efforts of others.
Anonymous Coward
User ID: 76993552
United States
02/28/2021 06:40 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
$15 per hour Minimum Wage is the most efficient and
effective way to re-distribute the wealth.

.
 Quoting: Anonymous Coward 79481126


and when it runs out you starve.
Lance Roseman From BC

User ID: 77547432
Canada
02/28/2021 06:48 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
Thread: If you had $10K cash, a steady $3K clear retirement a month, and needed to GTFO of Cali, what state would you move to?

OP should follow this persons methods.

Last Edited by The Oddity on 02/28/2021 06:48 PM
If you are not busy weaving your own magick, you are trapped in anothers spell.
“It’s time you realized that you have something in you more powerful and miraculous than the things that affect you and make you dance like a puppet.” – Marcus Aurelius
Anonymous Coward
User ID: 71220182
United States
02/28/2021 07:00 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
This doesn't redistribute wealth. This gives the common worker a living base to operate correctly on.
 Quoting: Beyond


Pipe dreams.
Reality is EVERYTHING will cost more! By more I mean a lot more. In Seattle where min is $12 a bottle of Fiji water costs $8 to $10. In Nashville min is $7.25 and that same exact product is $2. This is an actual example of the difference min wage makes.
 Quoting: Thorbull


That just sounds like some Paki store owner raised prices and blamed it on the minimum wage increase. Lol
 Quoting: Anonymous Coward 78687776


Then why don't we raise the rate to $50 per hour? 100?
 Quoting: Epsilon's Itch
Anonymous Coward
User ID: 76809044
United States
02/28/2021 09:38 PM
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Re: $15 per hour Minimum Wage: most efficient and effective way to re-distribute the wealth.
$15 per hour Minimum Wage is the most efficient and
effective way to re-distribute the wealth.

.
 Quoting: Anonymous Coward 79481126


and when it runs out you starve.
 Quoting: Anonymous Coward 76993552


well, it still works the same way it always has:
if you don't work you don't get paid.

Difference is: when you get paid, it's a whole lot more.

walla.

.





GLP