/biz/ - Business & Finance

[Anonymous No.14871319]

based

[Anonymous No.14871331]

fifteen why not fifteen thousand???

[Anonymous No.14871387]

Citizens are going to be priced out of legal jobs because they will have to demand $15 while illegals can work for 12, 10, 8, whatever, untaxed, the USA is already dead, you guys have passed the escape horizon... immigration will ramp up to 2 million a year, they will take your jobs and another holocaust will happen but this time nobody can really do anything against the biggest military in the world so based jews I guess

[Anonymous No.14871402]

Pim Tool

[Anonymous No.14871418]

mr presidente where is the pared señor???

[Anonymous No.14871429]

Is really dumb enough to not know bills need to pass the Senate and be signed by the president before they are law?

[Anonymous No.14871451]

>>14871429
based trump will never sign

[Anonymous No.14871466]

If you can afford to pay $15 then you should shut your business down and let your competitors take your place. The federal minimum wage has been decreasing for 50 years after accounting for even the low ball government manipulated estimate of inflation. Raising it to $15 wouldn't even return minimum wage to its original value. A $15 minimum wage wouldn't cause job losses. Its $15. Its so observably low. The average American literally makes over 5 times that.

[Anonymous No.14871479]

>>14871466

I mean if you can't afford to pay $15

[Anonymous No.14871480]

>>14871466
>nobody is worth between x and 15 dollars an hour

[Anonymous No.14871496]

>>14871451
just like he didnt sign that awful spending bill eh?
keep coping trumpcucks your prez sold you out a long time ago.

[Anonymous No.14871524]

>>14871466
are you saying the average american makes $75/h?

[Anonymous No.14871535]

Lol. At the end of the day democratic policies lead to desirable educated states with thriving economies and high tech industries, republican policies generally lead to poor backwards shitholes.

The numbers say it all, democrats have made far better decisions for the economy both looking at a national and state level, and there is no reason to expect they've got it wrong.

[Anonymous No.14871539]

>>14871524
That is basically what he said. We are living in the prosperous times in human history.

[Anonymous No.14871570]

>>14871535
At a national level

[Anonymous No.14871598]

>>14871524

Average US income is in the $120-130k/year range, skewed by the rich (median is much lower).

$15 is observably low. Anyone making less than that will be relying on government benefits anyway.

So you can either have businesses stop taking advantage of low wage workers who don't know their value, or have the government take up the slack. Of course private businesses paying a far market wage would be a hundred times more efficient than massive government entitlement programs that are required today.

[Anonymous No.14871614]

>>14871535
>>14871570
the statistic can not be more apparent from what we have observed here.

[Anonymous No.14871616]

>>14871535
>The fewer niggers a state has the more developed it is

Oh shi-

[Anonymous No.14871624]

>>14871535
wtf why dont we raise it to $20 so we can all be rich prosperous
wtf i love democrats now

[Anonymous No.14871626]

>>14871535
> human development index
how much point for allowing degen trany to marry each other ?
such a BS index

[Anonymous No.14871649]

>>14871598
are you brain damaged?

[Anonymous No.14871650]

>>14871616
DELET THIS

[Anonymous No.14871655]

>>14871624

Raise it to the point where a person can actually sustain themselves. A typical low wage worker will produce 10x more value than what they are paid. Increasing their cut a few % while keeping them from needing government benefits its ideal.

[Anonymous No.14871663]

>>14871331
This, why don't we just make everyone rich.

[Anonymous No.14871664]

>>14871649
>doesn't know the difference between mean and median

[Anonymous No.14871665]

>>14871616
>but it's the niggers
Can't explain all of them. Also can't explain why California is easily the most developed/important despite having loads of illegals. Also can't explain why the same thing generally occurs nationally with democratic presidents

The refusal of drumpfs to take responsibility for their shitty policies is unreal. They just don't work, there is an unreal amount of evidence and yet drumpfs always have to blame it on something else

[Anonymous No.14871672]

>>14871665
>>14871616
Forgot pic

[Anonymous No.14871673]

>>14871466
>The average american is overpaid/the usd is actually worth shit/I'm full of shit
Chose one

[Anonymous No.14871684]

>>14871598
>observably low m'lady

[Anonymous No.14871688]

>>14871466
protip:Using averages for highly skewed distributions is retarded.

[Anonymous No.14871699]

>>14871626
It's calculated objectively using numerical data with 3 components, lifespan/health, education and general standard of living. Cope.

>>14871624
I've got no education in economics so won't bother commenting, but if the same people who've repeatedly made the decisions leading to prosperity why the fuck wouldn't you listen lmao

[Anonymous No.14871725]

>>14871331
Hurr durr, nice 1 d00d

[Anonymous No.14871748]

>>14871466
Alright Bernie, time for bed

[Anonymous No.14871751]

>>14871665
My morning-coffee trollpost aside, I think the economy is more complicated than that. I also think the causal link, to a non-negligible degree, goes the other way — ie white shitholes vote GOP, the same way black shitholes vote Dem, rather than GOP policies causing white shitholes and Dem policies causing black shitholes. Economic activity is so complex and multifactorial that it cannot be accounted for by any one consideration, such as party policy or race, to a major degree — you have to think of the import the heritage of the dominant historical industry, attitudes towards education and work among both locals and new arrivals, access to natural and human resources, etc.

Consider how utterly shit economists are at making predictions, then consider whether you're taking that prediction-defying complexity into account in your simple policy-driven narrative.

[Anonymous No.14871760]

>>14871319
The dude makes good points but he needs to learn to trim his thoughts on a topic down from 28 minutes to 4 minutes.

[Anonymous No.14871785]

>>14871688

Not really since the money supply is finite.

[Anonymous No.14872109]

>>14871319
If you'd all stop fucking up and buy OTO, you wouldn't have to work soon.

[Anonymous No.14872265]

>>14871649
I have a stem degree and make less than a high school graduate

[Anonymous No.14872269]

>>14871319
Time to start ramping up those investments in robotics and automation ETFs

[Anonymous No.14872291]

>wagecucks defending their wagemasters paying them less
the absolute state of cuckolds

[Akzelerationist No.14872298]

>>14871570
>>14871570
lol how faked can a chart be? Also how come that mostly under dems there are financial crisis?

[Anonymous No.14872382]

>>14872265
>muh stem degree
>muh high school wage
Get a real job, you fucking manchild

[Anonymous No.14872397]

>>14871535
Liberal policies assume things are going okay and aim to maximise profit.
Conservative policies assume things are going tits up any day now and aim to minimise the death toll.
Tick tock.

[Anonymous No.14872408]

>>14871598
What if an employee's value really is less than $15? How does a company take advantage in that scenario

[Anonymous No.14872434]

Boomers would never permit a rise.in the minimum wage. They got 75 cents/hour when they were 18 so to them that's all you need now. Just stop buying the avocado toast and $60 lattes snowflakes.

[Anonymous No.14872440]

>>14871655
This. Rather than do ubi just have a $20 min wage. Problem solved.

[Anonymous No.14872456]

>>14871466
>$15hr/week is needed in NYC therefore Tennessee should be forced to pay that too

[Anonymous No.14872458]

>>14872408
Use a machine

[Anonymous No.14872466]

>>14871570
>dude just cut the time frame so that Reagan and Carter aren't included

[Anonymous No.14872480]

>>14871570
what exactly is meant by the x axis here

[Anonymous No.14872502]

>>14872480
Years of presidency. They take 8 years of Clinton's dotcom bubble and 8 years of Obama's QE pumping, and compare it to 8 years of W's economic collapse and 8 years of HW and Trump.

[Anonymous No.14872512]

>>14871598
>Average US income is in the $120-130k/year range
That is so fucking wrong. Where did you get this from?

[Anonymous No.14872524]

>>14871598
Rich retarded leftist detected. Almost no one makes $100k a year, most people make $40-50k before taxes

[Anonymous No.14872548]

>>14872502
well first i was a bit skeptical but now that they've proved that israel in a blue tie makse the dow go up tha israel in a red tie i am now convinced that a ten thousand dollar minimum wage and a one hundred and fifty five percentage income tax for the top 50% is the way to go

[Anonymous No.14872560]

>>14871319
The wagie cycle continues

[Anonymous No.14872593]

>>14871665
>California easily most developed and important
>republicans have shitty policies
you wanna talk about shitty?
pic related
https://www.openthebooks.com/map/?Map=32504&MapType=Pin&Zip=94103

[Anonymous No.14872612]

>>14871466
They can afford to pay thier workers $15 if they reduce the number of workers.

[Anonymous No.14872617]

>>14871655
Why raise it tho? It’s not businesses’ job to sustain some poor scrubs, it’s job is to maximize profits.
Instead of raising minimum wage it’s easier at this point to automate every low skill job and pay one single trained staff $50 per hour to watch after the process

[Anonymous No.14872632]

>>14871655
>A typical low wage worker will produce 10x more value than what they are paid.
So why not increase the minimum wage tenfold to about $120 per hour?

[Anonymous No.14872673]

>>14871665

> California is easily the most developed/important
Isn’t there draught in California?
Isn’t there a bubonic plague and typhus outbreak in California?
Aren’t there whole willages of homeless in California, complete with their own government and shit?

Looks like it’s the opposite, California regressed to Middle Ages

[Anonymous No.14872785]

>>14872673
Don't forget the rampant street shitting going on as seen here >>14872593
Not to mention the crime and the nigger and spic infestation. And don't forget the wildfires and earthquakes. It really does kinda seem like God hates California.

[Anonymous No.14873076]

>>14871699
>prosperity is surrendering your rights to the government to the point where you're not allowed to buy and use medicines that aren't FDA approved (a procedure which costs hundreds of millions of dollars, incentivizing the development and marketing of medicines that don't fix the root cause of problems and instead require the patient/user to keep buying and using again and again and disincentivizing the same for medicines that actually fucking work without causing other bullshit problems and fix the target issues indefinitely the first time), owning guns is not allowed, you're not allowed to conduct completely voluntary commerce with people if you don't both follow regulations that neither of you care about, and every time you conduct a transaction or hold assets (including property) for any period of time—and if you're doing either of which, you're likely contributing positively to the economy simply by virtue of creating a demand for entrepreneurship or being an entrepreneur yourself—you have a percentage of your funds seized to subsidize welfare bums' bad lifestyles
the ABSOLUTE MOST TELLING THING that should have you understand, intuitively, that any sort of leftism is a road to hell paved with good intentions is that there is literally, absolutely no way to escape any of this, unless you "just move to somalia!"—i.e., the place that was and is made A SHITHOLE by the exact same people that the ones who are regulating you to death at gunpoint are importing en masse into YOUR society and providing welfare to on YOUR tax money

>>14871785
which is one of the reasons—perhaps even the greatest reason—why you don't force a minimum wage on people
business wants to hire someone, someone is happy to work for X amount
government says they have to pay X+Y, business can't afford it; someone doesn't get a job and they wind up not being able to start their life and learn practical, valuable skills with the guidance of experienced people from an early age

[Anonymous No.14873152]

>make low wage work illegal
>create millions of new unemployed who will vote Democrat for more gibs
>Gut the economies of rural states where wages are low because cost of living is low

[Anonymous No.14873188]

>>14871319
I'm convinced conservatives have a findom fetish.
>Please don't raise my wages daddy CEO, think of the economy. You deserve the money for being such a genius!

[Anonymous No.14873206]

>>14872382
What are you talking about

[Anonymous No.14873228]

>>14873188
they use cuck as a form of projection
there's a reason racist old rich white men are the ones who like to see their wives / daughters fucked by BBC
also the reason states like kentucky alabama and missouri have the lowest quality of life, education, and infrastructure. Most of these posters are probably from the part of america most resembling a third world country.

[Anonymous No.14873252]

>>14871387
Oh great, the "everyone will just break the law" argument. Yeah, maybe small businesses will do this (risking getting shut down), but when large companies do this they get sued for large amounts of money.

>>14871466
Non-americans won't understand your post because they're mostly making peanuts.
They don't understand that the massive cock of robotics is already killing jobs.
They don't understand standard of living wage adjustments or increased purchasing power leading to growth. Don't bother posting here about it, these cucks won't fucking get it - it's just too high level for them. All they know is how to go long on useless alts and get liqd on margins

[Anonymous No.14873255]

>>14872673
>willages

Hello Rajesh.

[Anonymous No.14873302]

>>14871319
>1.3 million jobs
Literally who cares. Making minimum wage at 7.25 is slavery, not a job. There were jobs created, not lost

[Anonymous No.14873449]

>>14872298
Because the dumb fucking repubs get the country into this mess.

[Anonymous No.14873472]

>>14871725
Tell us why it is a stupid comment

[Anonymous No.14873476]

>>14871466
>If you can afford to pay $15 then you should shut your business down
Or instead of paying $15/hour to 10 losers, I can just pay $100/hour to the programmer with a CS degree for him to automate the wagies out of a job?

What do you have to say about that, wagie faggot?

[Anonymous No.14873495]

>>14871466
>BAWWWWW YOU CANT PAY ME $10/HOUR IM WORTH WAY MORE THAN THAT
people who say that are basically saying "i am worth more than $10/hour according to me even though nobody agrees with me" which is an incredibly selfish position.

[Anonymous No.14873673]

>>14873188
>forces every farmer to pay every unskilled manual laborer he hires $15 per hour
>imports migrants with an average IQ of 80 to do this manual labour; provides them with gov't-subsidized living accommodations and transport
>WILL wonder why the price of food skyrockets, and WILL blame capitalism
already happened in canada, except the minimum wage is slightly lower
you're advocating for paying the dumbest retard who aspires to do nearly nothing with his life as much as someone with minor, but still far more valuable technical skill as far as the free market is concerned
it takes all value and meaning out of a currency when you pretend that people who do the work that a machine built by people 10 times as smart as them could to are worth as much as the people who built the machine
it's a fucking fact, mate
NOBODY in their right mind is saying that these less intelligent people don't have a right to live and engage in whatever commerce they're able to—but when you force the acknowledgeable valuation, the *variable for the exchange of goods and services* of these people to be equal to that of individuals who are objectively much more valuable, you are simply pretending that anything less and 15 is equal to 15, while 15 is still 15 and 16 is still 16

in other words, you're implying that adhering to that which is fair and reasonable in our objective reality is a sick act of human cruelty, and that forcing every employer to pay the same amount of money for work of wildly disproportionate value is fair and good.

in other, other words—if you are an intelligent, capable person, you're voluntarily placing yourself on the same level as someone much less valuable than you. talk about findom.

>>14873228
and talk about cuckoldry. read the above.
personally, i've suffered a cruel and relentlessly punishing life at the hands of collectivists. the only times i've been treated decently and had any sort of life are in my interactions with business. i live in canada.

[Anonymous No.14873745]

>>14873673
if there is high minimum wage then there will be less imports of migrant workers dumbass. the whole reason of importing foreigners is that they can work for lower wages, if there are forced to pay them high minimum wages then they might as well hire someone local

[Anonymous No.14873824]

>>14871319
Only 1.3M losses? Raise it higher. I want all fast food workers out of a job and homeless by 2020.

[Anonymous No.14874047]

>>14871598

Average USA household earnings are around 60k you idiot, and a household is defined as a two married people and at least one kid

[Anonymous No.14874139]

>>14873476
Sounds good to me - So let the business owner decide - Low wage with many employees, or high wage with few employees - Either way achieves the goal just the same and costs the same to the employer - Let the employer choose.
If anything you should be arguing FOR the ability for employers to choose the low wage many employees option, so that they create more jobs. But you can't have it both ways - You need a low minimum wage to create this option for them.

[Anonymous No.14874208]

>>14871466
If minimum wage increased at the same rate as Wall Street salaries in the last 50 years, it would be $33 per hour.

[Anonymous No.14874241]

>>14873745
You think the progressives will stop their platform of virtue signaling for their image of progress just because there's some slow-reacting economic force that resists them?
Migrant workers and illegals will be let in absolutely at the whim of whomever has that power, and they will not think twice about what the minimum wage happens to be at the time while making that decision.

[Anonymous No.14874269]

>>14873745
Furthermore, illegals will be working for less than the minimum wage regardless. In fact, they'll be working for the true wage their labor is worth, as priced by supply & demand.

[Anonymous No.14874453]

>>14871319
How can you be such a cuck that you shill against minimum wage raise? (unless you are a multi-millionaire)

You look like a hobo and you're a professional beggar Tim, you should just shut up.

[Anonymous No.14874490]

>>14874269
>illegals will be working for less than the minimum wage regardless
If there are government officials employed to make sure it doesn't happen, it won't.

Go try being an illegal worker in North Korea and see how well that works for you. Illegals can do this shit because your cucked government let it happen because billionaire need this stupid and cheap brown people to wage slave for them.

[Anonymous No.14874518]

>>14874453
Because I make a 6 figure salary already and it doesn't affect me.
It does harm pretty much everybody else, though: Anyone who owns a business, needs a job, or already has a job with a salary below $15/hr and may lose it.

[Anonymous No.14874532]

>>14874490
Yeah, and why do you think they need the cheap labor smuggled in illegally?
Because the minimum wage won't allow them to hire someone local, legitimately.

[Anonymous No.14874584]

>>14874532
>Yeah, and why do you think they need the cheap labor smuggled in illegally?
Because one billion isn't enough and they want more. Stop thinking like a goddam cuck.

[Anonymous No.14874602]

>>14873745
so, let's say you have whatever minimum wage, and it applies across the board; whether it's a seasonal or permanent migrant, all employers who report or are caught hiring anyone in question for below this minimum wage are punished.
so, there are the stipulations that hiring migrants for below minimum wage would have to be made illegal wherever it isn't already, and a business would have to be caught and pursued in doing this. of course, you would have to trust law officials to enforce these rules objectively and fairly, meaning that any conflicts of interest between law and private enterprise wouldn't get in the way of the justice system.
logically, as a business, you would offer jobs at minimum wage to local people. in your post, you explicitly advocate for a *high* minimum wage; of course, because the employers of these unskilled people would have to pay higher minimum wages, they would have to raise the price of their goods, or risk insolvency. as a result of raising the cost of minimum wage across the board, you have a higher cost of living—that is, unless the domestic unskilled manual labourers are enormously more productive. if opportunities outside of berry-picking are slim (which they almost certainly will be, as a result of making it nearly impossible for any new employer to risk getting into a market where he'll be struggling to pay his sole, possibly inexperienced and ill-suited employee), then you may have a more competitive employee base, and they may be more productive.

the once most-valuable and intelligent people in the entire world, who raised the global standard of living to unprecedented and unimaginable heights that, if seen, would have their ancestors fall to their knees and cry tears of bewildered joy at their sons and daughters' triumphs in the face of the callous realities of nature—now ferociously fighting one-another for an opportunity to spend their entire lives picking berries and sorting onions.
the communist way.

[Anonymous No.14874663]

>>14874241
>muhh progressives!!
the ones that are pushing for mass importation of immigrants are right wing corporatists. they are the ones that profit the most from cheap labour immigrants. if there was no minimum wage they would be importing ethiopians working for 50 cents an hour

>>14874602
>higher cost of living
minimum wage workers are a fraction of the total economy so its increase won't affect prices that much. also, high minimum wage will force companies to automate and increase their efficiency with technology and innovation rather than relying on cheap labour thus in the long run increasing economic efficiency and technological advancements

[Anonymous No.14874668]

>>14871466
ABRIJ AMURRRRRIGAN MAYKE 75 DULLLLLAAARRRZ IN A HOURRRRRRR

[Anonymous No.14874690]

Imagine having to pass laws to convince people you’re worth more than you really are lmao

[Anonymous No.14874691]

>>14874584
>cuck
Look, your position is the one that forces those with money to gib to those only worthy of a less amount of it - The same position that cucks all of us out of our tax dollars for subsidizing lazy welfare leeches who absolutely don't deserve it. It's the ultimate cuck position to take on this issue - I don't understand your logic for calling a meritocracy cucked.

[Anonymous No.14874702]

>>14874663
so then why is the republican party united behind reducing immigration and the democrat party united behind opposing this reduction

[Anonymous No.14874718]

>>14871319
fucking dumb americunts willingly enslaving yourselves to corporations

[Anonymous No.14874731]

>>14874702
because they want LEGAL immigrants to take your jobs instead of illegals :^)

[Anonymous No.14874746]

>>14871649
you should kill yourself asap

[Anonymous No.14874752]

>>14871751
Finally, a voice of reason in a thread of shit heads.

[Anonymous No.14874755]

>>14871466
lmao the sheer amount of (you)s this post has generated tells me that there is a disproportionate amount of salty mutts ITT

[Anonymous No.14874774]

>>14874691
you're actually subsidizing the giant corporations that pay $0 in tax
where did the gfc bailout $$ come from hmmm. its definitely the poor immigrants ruining the country!

[Anonymous No.14874775]

>>14874731
well they don't even use the word illegal anymore so i don't see much of a difference in their position and the other stated

[Anonymous No.14874781]

>>14874755
Yeah I forgot how much of a culture of mediocrity europoors have. All europoors want is a handout. You won’t be happy until everyone who’s trying to better himself is taxed 120% and we’re all forced to work shitty office/factory jobs.

[Anonymous No.14874792]

>>14874774
maybe he's against subsidising amazon too
haha just a whacky out the box thought though
in reality he's probably just the embodiment of your caricature

[Anonymous No.14874800]

>>14874781
better chuck in the old strawman and hyperbole right, mutt? no one would read your dumpster fire of a post without it

[Anonymous No.14874814]

>>14874775
why didn't republicans pass any bill to reduce immigration when they controlled both houses for 2 years? because they love cheap immigrants. who are you to stop the free flow of cheap labour? are you against the free market goy? :^)

[Anonymous No.14874833]

[Anonymous No.14874843]

>>14874814
don't claim to know my beliefs, they're far more complicated and difficult to argue against than your non-existent strawman caricatures are which you lean against to ensure yourself of your superiority

[Anonymous No.14874864]

>>14871429
Yeah, people loves to hype up congress stuff when in reality that's just step 1.. which unironically is also the easiest step

[Anonymous No.14874868]

Fortune 500 companies must pay $15/hour min wage to all employees and mom and pop shops Can pay minimum wage. We all know billion dollar companies pay shit in taxes and we all subsidize their livelihoods and innovations

[Anonymous No.14874869]

>>14874843
who said anything about your beliefs? I was talking about the beliefs of republicans. The republican corporatist leadership loves immigrants while you don't, you seem to be at a disconnect with the people you vote

[Anonymous No.14874893]

$15 minimum wage in certain areas absolutely makes sense. NYC, Seattle, Boston, etc. can afford it and really do require it.
$15 minimum wage in other areas is way too much though. $15 an hour in bumfuck Georgia is considered a lot and those types of communities absolutely cannot afford to pay workers that kind of wage.

[Anonymous No.14874901]

A higher minimum wage, like basic income, does not combat the fundamental imbalance of leverage that exists in the labor market today.

[Anonymous No.14874911]

>>14872397
>Liberal policies assume things are going okay and aim to maximise profit.
>Conservative policies assume things are going tits up any day now and aim to minimise the death toll.
You hit the nail on the head. This distinction doesn't just happen on the political scale but on the level of personal decisions.
The liberal mindset makes sense when things are good for a long time and the conservative mindset makes sense when things are bad or about to turn bad. The problem is knowing if things are going to stay good or go to shit. How do we know?

[Anonymous No.14874923]

>>14874869
well yes, i don't actually vote republican, i'm not even american, and i don't even vote at all. i'm not even pro-democracy. all parties are pro-israel masks and cannot be otherwise.
claiming that republican figures are more pro-immigrant than democrat figures is, in the modern day (though not historically) just not true, if we're talking senators and representatives. if we're talking about the actual leaders of both parties, those pulling the strings, then neither of us are in a position to know who likes brown people more - the odds are that they both like them equally

of course there are people on both sides pushing immigration, but the majority of the voice which has people accept mass immigration comes from egalitarian and progressive grounds. the fact that corporate leaders also tend to support it does not mean that i have to love immigration because i like liberty

[Anonymous No.14874930]

15 dollals quite high even norway and switzerland pay lower

[Anonymous No.14874946]

>>14874731
If I were looking to hire someone cheap, and I could pay that same cheap price for someone local, why would I go through the trouble of importing someone?
Also, if I'm a republican who wants legal immigrants, wouldn't I be fighting for illegal immigrant forgiveness so they can all just stay? Oh wait that's exactly the position I'd have if I'm a democrat.

[Anonymous No.14874954]

just so we're all clear on this, a $15 minimum wage is $30k a year. they are going to make that starting base wage on a federal level?
imagine making $30k a year working the hotdog stand your highschool year. jesus christ.

[Anonymous No.14874978]

>>14874911
utter bullshit. The liberals and conservatives eat at the same table. Kushner was a democrat now a conservative. Its cartel capitals, selling you a story of duality like good vs evil

[Anonymous No.14875031]

>>14874923
yeah.. but you were defending republicans just few minutes ago. I guess there is a limit at how long you can pretend to like republicans until you realize what they are promoting
>>14874946
because the local will demand higher wage than the foreigner. most foreigners come to work there so they can send back money to their family in their country in which their cost of living is much lower.
>>14874946
so why didn't republicans do something about those illegals? they controlled both houses for 2 years yet nothing happened. Maybe they actually like immigrants and they are just throwing some dog whistles to their useful idiot voters to make them think they dont like immigrants

[Anonymous No.14875065]

>>14875031
i was acting under the idea of a party which was primarily identifiable by the beliefs of its most verbal advocates and its claims, rather than the 'deep party' [so to say]. republican more in contrast to the american progressive rather than the actual cogs behind the republican party

[Anonymous No.14875080]

>>14874954
Most minimum wage jobs only work you less than 30 hours a week to avoid having to pay certain benefits to "full time employees". I would expect a lot of places are just going to have to reduce labor costs by reducing hours even more. One less teenager farting around the back room of a starbucks, etc. More people being overworked and understaffed.

[Anonymous No.14875101]

>>14875031
>Maybe they actually like immigrants and they are just throwing some dog whistles to their useful idiot voters to make them think they dont like immigrants
But now you're making a distinction between 99% of republicans (useful idiot voters) and the republican leaders who are conspiring to get more cheap illegals. You can't demonize the republican position when most republicans you'll run into every day are the type that truly oppose illegal immigration in your setup. It sounds like you actually oppose corrupt leadership in this case, and it has nothing to do with partisanship...

[Anonymous No.14875142]

>>14875080
Yeah, so why not just make minimum wage smaller so you create more jobs and don't need to cut everyone's hours, and you can maybe afford benefits for people, all for no change in the cost to the employer?
Just make minimum wage low and let the market converge on the best answer.

[Anonymous No.14875150]

Well looks like I'm going to have to pay double the price for everything now...gotta love a 5 dollar pepsi

[Anonymous No.14875208]

>>14874490
>>14874584
>go try being an illegal worker in north korea
not even the lowest, most inept somalis want to go to north korea—and it's not because the government there will prosecute you for coming in
but hey—people who can make an argument as to why minimum wage laws work to the overall benefit of nobody are cuckolds, all hail the north korean government

>>14874663
>raises the price of harvesting raw materials by some 50% per hour per harvester
>???
>prices were relatively cheap, so they must still be relatively cheap
and how can you have developments in automation when you treat all the people who would invest in and develop automated machines as if they're equally as valuable as people who only have the capacity to chase chickens around a barn—or rather, vice versa
they are held to the exact same economic standard, reinforcing their naturally highly active thoughts of self-criticism with tangible evidence—fallacious though it may be—that they're as valuable as people who aspire to no higher standard than eating out of garbage cans and throwing themselves into the sulphur mines to die at age 30
they all die
we all die
because people like jeff bezos
with everything in the world
tell us that it's wrong to want

[Anonymous No.14875220]

>>14875142
Cont.
I do AI R&D, and one of the primary revelations we've had about machine learning in the past decade is that less human-crafted bias and more raw data at the expense of forcing the machine to re-learn from the ground up the human bias we'd otherwise force-feed it, always winds up converging on a better answer than the hand-crafted bias solution. It learns slower so it's counter-intuitive to the researcher training their model, but it always winds up a higher quality model because it learns nuances that humans paint over with broad strokes with their bias.
The economy is a machine learning algorithm. Mostly it's similar to natural selection. Introducing an arbitrary minimum on some parameter of the machine (the minimum wage) is essentially naive human bias. It would be better to let the machine (the economy) learn the parameter by itself, slowly.

[Anonymous No.14875243]

>>14875101
>>14875065
it has nothing to do with corruption or "deep state" leadership, all these policies are part of the conservative ideology. Conservative ideology is free market corporatism, restricting cheap labour from coming to the country is against the free market, the 99% of the useful idiot voters just can't think hard enough to connect the two. Just go on /pol/ to see, you see everyone railing against the evil wallstreet and the jews that own the finance and all that, and then they go vote for republicans that deregulate wall street and make them more powerful

[Anonymous No.14875285]

>>14875220
way to make Austrian economics vs kensyian state economics very difficult to understand. Are you saying humans can't deal with complexity? What about the isolation and control over watersheds?

[Anonymous No.14875345]

>>14875220
>Invisible Hand normie
>Thinks Keynes is god
>Austrian school reigns supreme

[Anonymous No.14875460]

>>14875285
Yes, humans cannot encode much complexity into written laws because writing is so low-bandwidth.
Mother nature is queen of complexity - she generated our DNA, because the laws of physics are very high bandwidth. Human speech is not, though.
Minimum wage is a single boolean if-statement worth of complexity - just about the simplest thing you can have, and most definitely does not encode any nuance or much information about the best answer to this problem.
Micro-economic dynamics is more like natural selection - complexity-wise, it's way over our heads, and we're better off letting natural selection do it.
In order to trust natural selection to do it, we need to minimize naive, hand-crafted broad-strokes bias (like the minimum wage) and let natural selection learn these parameters.

[Anonymous No.14875492]

>>14875150
and the best part is
you're not allowed to leave
there's nowhere you can run and hide
there's no place that you can stop following suicidal economics, tailored especially to kill you and those like you, and empower a government-protected corporate cabal
and if you try to run with the intention to leave everyone who doesn't want anything to do with you alone and be left alone yourself, you'll be hunted down and gutted by the federal government for all you're worth, for being a threat to people whose methods, ironically, guarantee their own eventual self-destruction
because the goal of a corporatocracy isn't to make money, or generate wealth
the goal—however fruitless—is to own you
prevent you
control you
keep you
kill you

you

their fixations are external
truly, they are collectivists in every sense of the term

>>14875243
tell me if you think that people should be able to live in areas/enclaves out of the regulatory scope of the federal government

[Anonymous No.14875532]

>>14873228
> racist old rich white men are the ones who like to see their wives / daughters fucked by BBC
AHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHAAHAHAHAHAHAHAHA

[Anonymous No.14875545]

>>14874833

[Anonymous No.14875555]

>>14871570
Dems: Trump is going to ruin the economy and we will never recover

Also dems: the only reason the economy is doing so well is Obama

[Anonymous No.14875557]

>>14871725
Wait you don't think the government should set the price of labor? I guess you just want everyone to be poor.

[Anonymous No.14875575]

>>14872593
>San Francisco human waste reporting
Why is there a website that reports sightings of local residents in their own city?

[Anonymous No.14875608]

>>14871466
OH No NO NO HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

[Anonymous No.14875615]

>When you learn basic economcis and find out minimum wage is just a type of price fixing which has been tried hundreds of times in history but has never worked

[Anonymous No.14875750]

>>14874978
I never said anything about how politicians behave. The way the elites think and operate is vastly different from normal liberals and conservatives. They have to maintain large businesses and a public appearance, which most of us will never have.

[Anonymous No.14875780]

>>14874781
>culture of mediocrity
>europe
Come again? The US worships mediocrity. American boomers are the most entitled, dumbest, least capable generation of people this planet has ever produced anywhere. They invented participation awards and the notion that everyone's a winner. They were the ones who came up with honey boo boo type reality shows and turned tlc into the unholy abomination that it is today.
Boomers started a chain reaction that lead to present day america where the smart the beautiful and the strong are actively hated mocked and ridiculed by society. The idea that all cripples and retards are automatically "beautiful on the inside" and that meek and wimpy guys always "win in the end" gradually turned into the idea that anyone who's beautiful is self obsessed, that everyone who exercises is vain, that anyone who's strong is stupid, that everyone who's assertive is an asshole, etc.
Of course deep down everyone still values these traits and the resulting cognitive dissonance is truly a marvel to behold.

[Anonymous No.14875810]

>>14871598
>living off government benefits
why do you assume that teenagers are living off govt benefits and not their parents? you do realize entry level and minimum wage jobs are for kids. I guess you take the position of dark skinned subhuman with that argument. therefore you should just kys

[Anonymous No.14875836]

>>14871466
>If you can afford to pay $15 then you should shut your business down and let your competitors take your place
Agreed, only the monopolies and extremely well established business' should remain.

can't wait for every competitor to be pushed out besides walmart

[Anonymous No.14875841]

>>14871785
>the money supply is finite
you need to leave immediately

[Anonymous No.14875948]

Fuck are american actually that retarded? Please Tell me This is some next level baiting and you guys aren't actually that economically illiterate.

[Anonymous No.14875962]

Seriously, these people don't fucking understand economy.

Why not pass a bill for $150 an hour? Or $1500 an hour? Let's make it $15 million an hour and we can all be trillionaires!

Never mind that wages are paid as a reflection of supply and demand... the more in demand and less available your skillset is, the more you're paid... if McDonald's made a million dollar profit off of every hamburger they sold, and they sell like hotcakess... but they simply couldn't find anyone willing and capable of doing the job:

>they'd pay whatever it takes

You make the money that your value produces based on the leverage that you have. That's it. Aren't being paid much, then the market doesn't assign much of a value to you in the skillset you choose to monetize. Either monetize a different skillset or learn better skillsets or create a corporation that creates or finds supply and meets that demand... wealth will then flow.

[Anonymous No.14875964]

Go back to plebbit your $15 min wage policy is retarded and anyone with half a brain can see that. No upvotes for you here faggot

[Anonymous No.14875975]

>>14871319
Good. These jobs need to be automated. We shouldn't have "pity jobs"

[Anonymous No.14875998]

>>14871331
Why not 0.0015 and everyone have virtually free stuff?

[Anonymous No.14876120]

>>14871751
>Consider how utterly shit economists are at making predictions

It's not a science. It's a conservative SJW degree.

Right wingers wanted to fight the economic policies of the left, so they took over the economics departments in universities. Kind of like how the ultra-left took over the humanities.

[Anonymous No.14876748]

>>14874702
Republicans don't actually oppose illegal immigration. Many red states are run by a party machine run by farmers who want Mexican laborers. These are the same people who pushed against abolishing slavery in the US.

[Anonymous No.14876789]

>>14873252
>Oh great, the "everyone will just break the law" argument. Yeah, maybe small businesses will do this (risking getting shut down), but when large companies do this they get sued for large amounts of money.
they already have been doing this for literally decades, businesses both large and small

[Anonymous No.14876869]

>>14871535
>what is correlation doesn’t equal causation
>what came first the chicken or the egg

You can’t compare NY, the financial capital of the world, and California, the tech capital of the world, with Alabama. You also can’t reasonably suggest that Democrats are responsible for the success of both of those financial powerhouses. The NYSE predates democratic hegemony of New York by a century at least.

[Anonymous No.14876895]

>>14871535
8/8

[Anonymous No.14876968]

>>14876748
Actually that was the democrats. Learn your fucking history.

[Anonymous No.14876980]

>>14876869
NY has always been Progressive before the Democrats were the Progressive party

[Anonymous No.14877004]

>>14876968
The label is meaningless, there's a North Party and a South Party. In the 1860s Whigs were the equivalent of the Democrats today (and became the Republicans when the Whigs died) and today's Republicans would be Democrats at that time

[Anonymous No.14877072]

>>14877004
Even if that assertions of yours was true the "traditional" GOP has been completely destroyed by Trump and replace with something else. And the democrats have also completely changed.
It's more of a "big city arty' vs "rural party " as the 2016 election results show.

[Anonymous No.14877148]

>>14877072
GOP = Southern values, Dems = Northern values. Also Trump hasn't changed the GOP, they will be back to the status quo once he's out

[Anonymous No.14877332]

>>14874833
based

[Anonymous No.14877414]

>>14871672
Everybody is fleeing to the center

[Anonymous No.14877458]

>>14871649
Do you know how to read? Do you know what median means?

[Anonymous No.14877487]

>>14871319
*blocks your path*

[Anonymous No.14877641]

>>14877414
Not true at all... poor and uneducated people are likely cause they simply can't compete. For California where the hosting crisis is worst there is meet immigration for bachelor's and above

[Anonymous No.14878781]

>>14871429
>>14871429
>>14871429
>>14871429
>>14871429
Literally, /thread

>>14871319
>Democrats pa-
No, fucking retard. The house passed it. Not the senate. Which is overwhelmingly republican-controlled. This is not happening.

[Anonymous No.14879135]

>>14872265
Same here. Brand name degrees and companies are memes.

[Anonymous No.14879172]

>>14878781
I wrote that earlier from my phone. Wish I would have remembered the word "he". I guess the guy's just making clickbait videos. He gets attention, you'd assume he'd know something that basic.

[Anonymous No.14879194]

>>14871598
>$15 is observably low
Oh go fuck yourself, you're destroying the country.