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Yet, it sounds like most of those people would rather spend more time and effort fighting raises in minimum wage than fighting those other problems.
by s73ver 9y ago
Yet, it sounds like most of those people would rather spend more time and effort fighting raises in minimum wage than fighting those other problems.
- thehardsphere 9y agoMaybe because "those other problems..." 1. Aren't the ones we're talking about here on Hacker News at the moment. 2. Don't nearly hurt the poor as much as the minimum wage does (after all, many people like it when we create money out of thin air, until it goes bust every few years).
- s73ver 9y agoI'm not referring to just here in this thread, but in general. And I disagree on #2. I think the vast income disparity is far more damaging to the poor.
- thehardsphere 9y agoWell, be specific about what you are complaining about, rather than vague and dramatic. "Vast income disparity" is not the same as "creating money out of thin air." The government and the banking system effectively do create money out of thin air, through fractional reserve banking and encouraging the purchase of real estate with mortgages. Lots of people like that, even though there are lots of bad things about it. It's especially popular with people who would otherwise not be able to afford a home and who think that disparity of wealth is a problem.