Bernanke on TV says jobless rate to stay high

[PVS]

Well, the OP never talks about it. Either way it's one more nail in the coffin. Every time minimum wage is enacted, the jobless rate rises. Every time......now they know this and yet they continue with it. Why? Because they think we are that dumb and easily fooled. I dare say....some of you are on this thread.

funny because since the dawn of minimum wage every time it was raised, chicken littles kept hollering that it was the doom of our job market. then by some unforeseen miracle by baby jesus it stabilized and flourished. every time.

 

[Operation 420]

funny because since the dawn of minimum wage every time it was raised, chicken littles kept hollering that it was the doom of our job market. then by some unforeseen miracle by baby jesus it stabilized and flourished. every time.

Yeah, but name a time min. wage was raised during a financial crisis.

Small businesses are having a hard time keeping the people they have. Now they have to pay them more? Then throw in cap and trade and the health care plan and we will see tons of businesses go under.

 

[PVS]

Yeah, but name a time min. wage was raised during a financial crisis.

Small businesses are having a hard time keeping the people they have. Now they have to pay them more? Then throw in cap and trade and the health care plan and we will see tons of businesses go under.

yes i will agree that the timing is downright awful, but i still believe its not going to be our ruin. you have to admit though that every time minimum wage was been raised or the idea was even suggested, the economic doomsday card was pulled.

 

[Operation 420]

yes i will agree that the timing is downright awful, but i still believe its not going to be our ruin. you have to admit though that every time minimum wage was been raised or the idea was even suggested, the economic doomsday card was pulled.

Yeah, but coupled with everything else, it's like trying to put a fire out with gasoline.

If cap and trade and health care weren't in the mix, on top of the financial mess we're in, it wouldn't be a big deal.

 

[hanimmal]

Yeah, but name a time min. wage was raised during a financial crisis.

Small businesses are having a hard time keeping the people they have. Now they have to pay them more? Then throw in cap and trade and the health care plan and we will see tons of businesses go under.

How many people do you really know that make less than $8 an hour? Would you do that when you could have been making more than that at McDonalds?

And low and behold McDonalds is still very strong and one of the hotter stocks still. The whole min. wage thing is a weak thing because it did not change anything really.

 

[hanimmal]

-Oh and if we keep our hands off of your guns, can you keep your hands off of a woman's womb please.

 

[PVS]

can you keep your hands off of a woman's womb please.

speak for yourself


*edit* sorry...i couldnt pass it up

 

[hanimmal]

I swear that I will never place my hand in a womans womb! That is up to her and her doctor.

 

[CrackerJax]

funny because since the dawn of minimum wage every time it was raised, chicken littles kept hollering that it was the doom of our job market. then by some unforeseen miracle by baby jesus it stabilized and flourished. every time.

It's not the doom of the job market. Where do you get your ideas from????

It is a doom for those who look to benefit by it. Isn't THAT the point? Or is that too obvious for you....

 

[PVS]

It's not the doom of the job market. Where do you get your ideas from????

It is a doom for those who look to benefit by it. Isn't THAT the point? Or is that too obvious for you....

i'm just going to start ignoring you until you learn to stop belittling people who disagree with you. kthx

 

[CrackerJax]

Ok. And I'll just ignore your sweeping disconnected generalizations.

Asking you where you get ur ideas is a fair question. Too difficult?

 

[hanimmal]

PVS no reason to get upset. Just persevere. The simple answer is that minimum wage laws are not good if they affect the equilibrium by raising the bar above it.

W is wages. So if you place the minimum wage just below the equilibrium it really does not affect anything. If you raise the minimum wage above that it does raise unemployment since people won't be willing to pay people to do those jobs.

The easy solution for politicians is to say they are increasing the wages, but they know enough (thankfully) to not bring it above the equilibrium to actually hurt the economy.

Will some people lose jobs? Yes but they would have been jobs that they would have a very hard time getting anyone to work in the first place.

Ok. And I'll just ignore your sweeping disconnected generalizations.

Asking you where you get ur ideas is a fair question. Too difficult?

Just like the reason you don't answer me when I ask you that question I am guessing it is the same.

 

[Operation 420]

How many people do you really know that make less than $8 an hour? Would you do that when you could have been making more than that at McDonalds?

And low and behold McDonalds is still very strong and one of the hotter stocks still. The whole min. wage thing is a weak thing because it did not change anything really.

You're comparing a huge established company to small businesses. /fail

 

[CrackerJax]

As you can see, the MW DUPE works on folks just like PVS.........gets his vote.

 

[hanimmal]

Right, because if your working for a small business that is paying you LESS than McDonalds you would not be working there for long. All those big companies are the ones that help dictate the market price for labor.

 

[CrackerJax]

See any parallels to health care????

 

[hanimmal]

Yes I do. The changes being made is a wash. The costs will end up being below what we are (people that actually get healthcare) paying. So because it is below the equilibrium it won't really change anything. That is what I was trying to tell you all that were freaking out.

 

[Operation 420]

CJ. I'm convinced these people are all on board with the "plan". I think they picture a one world government as a utopia, where people will dance around singing and holding hands.

 

[CrackerJax]

Yes, i think so too.

han, that's just a laugh. You need to read the history of medicare and medicaid. ALL the same promises were made then. Look at them now.

Han, you don't have a SINGLE successful template to prove the Govt. can run a business, let alone be in charge of something as important and personal as our bodies.

Why do you think this is any different. All the warning signs are there. The entire premise is based on the lie that somehow we are in a health care crisis....NONSENSE!!

The country is slowly waking up to this charade. Obama senses it now. His honeymoon is over......thankfully. If it went on much longer our misery would be set in stone.

 

[hanimmal]

CJ. I'm convinced these people are all on board with the "plan". I think they picture a one world government as a utopia, where people will dance around singing and holding hands.

Wow I am so happy that you found me out peace and flowers.


This is the hand we are dealt at the moment. Either we can scrap the entire system go into a complete chaos and develop a new system (not going to happen until the American empire collapses) or we can try to improve upon the one we have. Like move the wasted money here over to there that the money is better spent.