3 ms·

> In reality, middle class America's purchasing power wasn't destroyed by the lack of a decent minimum wage or the greed of your local barbers, it was destroyed

by grecy 3y ago

> In reality, middle class America's purchasing power wasn't destroyed by the lack of a decent minimum wage or the greed of your local barbers, it was destroyed by inflation sponsored and accelerated by the one and only: Uncle Sam OK, so what are you going to do about it? Increasing the minimum wage to keep up with inflation sounds like the perfect way to make sure people still earn relatively the same amount as they used to. Dozens of other countries do it, with no ill effects. In fact, anyone that doesn't think minimum wage should keep pace with inflation is just saying they want to pay people less tomorrow than they do today, which is horrible. Do you want your kids and family earning less in their life than you have in yours? > Poor people today live in luxury compared to most people just a century ago Poor people in the US today are vastly worse off than poor people in other developed countries. Tens of millions with no healthcare. Millions go bankrupt every year. Millions of kids with no access to food or housing. These problems are vastly bigger (even per capita) in the US than other developed countries. > the ideas you and your kin share will bring about the end of modern civilisation as we know it. I'm curious how you think increasing the minimum wage will "end civilization". 21 developed countries have a minimum wage higher than the US, and they seem to be doing great. High Minimum wage won't destroy civilization, it will just equal out society so that the mega rich will be less rich, and the mega poor will be less poor. It's been happening in other countries for many decades, learn from them. Use real-world examples rather than hyperbole predicting some kind of doom that is hypothetical.

pc_edwin 3y ago
Minimum wage is a small part of a larger set of collectivist policies that the west has been sleep walking into since WWII. TLDR: All of those 21 countries are US protectorates or vassal states. Most of them are European countries that are slowly dying. Some are resource rich, some are tax havens, some are leeching of the goodwill/work of their ancestors.. None are making anything. Long Version: - Germany: US protectorate w/ 35K troops. Its truly a testament to the industriousness and ingenuity of these people that they still manage to make all those cars & heavy machinery despite the collectivism. - Nordic Countries: Total population just over half the population of California with massive oil reserves and a lot of fish. a.k.a EAE with snow - France/Spain/Portugal: Former empires, like an old person in pain waiting to die. They leech on the good will and work of their ancestors as their nations slowly die off. - Switzerland, Luxembourg, Ireland etc: Tax/Banking Havens with niche talent. - Rest Of EU: Dying countries propped up Germany & France or the equivalent of Europes China (Bulgaria/Ukraine/Poland). - Canada/UK - US vassal states. Also happened to be the former world empire, same story as France/Spain/Portugal but to an even greater degree. - Australia - Half of Californias population but has an entire continents worth of RAW minerals and commodities to export. Btw thats its, they don't make anything either. Basically all innovation and production happens in the US or Asia. EU and the rest of the west are slowly dying protectorates/vassal states of the US (hence Pax Americana) Conclusion: Anyways most of thats irrelevant, the important part is the fact that they are all dying. They are all propped up by the euro-dollar system. ECB has no ammunition left. Spain, Italy, France are all looking down an imminent pension crises. The UK is in slightly better shape but thats not saying much, they are looking down an impending sovereign debt crises but as a vassal state, they might get bailed out by the US. In real terms, they use American medicine, American macbooks, American iphones, American search engines, American Social media, American steaming providers, American content, Asian washing machine, Asian microwave oven, American fast food, American candy, American Ice cream, American soda, American/Asian lightbulbs, Asian trains, Asian TVs, Asian cups etc etc They don't make anything, they just exist on "good will" gained because of their ancestors and i mean in the literal sense. They exist on the bretton-woods system, all these currencies are artificially propped up. This system is just about to collapse btw lol.
- grecy 3y ago
  [flagged]
  - pc_edwin 3y ago
    Because you're jesus smuggling extremely flawed assumptions through your question. e.g. If you don't kill every 3rd cute puppy born, all the pandas in the world will face gruesome deaths. Do you want all the pandas in the world to die gruesomely @grecy? If "being paid less tomorrow" is caused by inflation, wouldn't it make more sense to tackle the root causes of inflation? Because its really odd that the only feasible solution you guys have on the table is to double down on Byzantine regulations and Federal Soylent™. Idk maybe we should instead: - Get rid of minimum wage - Get rid of excessive OSHA, SEC, FDA, EPA, FTC rules etc - Maybe we don't an extra 80,000 IRS agents. - Since its not the cold war anymore, maybe we don't 18 different intelligence agencies - Maybe we should replace all welfare and entitlements with an "essentials" program where "if your poor, you failed but we help you not starve or die of a treatable illness, however it comes with strings attached". - Maybe we should look into how the military is extremely corrupt and inefficient. Why is the F-35 built so many different states, how did we run out munitions so quickly, why will it take that long to replenish it?
    - grecy 3y ago
      > Because you're jesus smuggling I honestly don't even know what that means. Also attacking me doesn't help your argument - it makes you look like you already know you don't have anything productive to add, so you just attack me instead of productively discussing the topic at hand. > If "being paid less tomorrow" is caused by inflation, wouldn't it make more sense to tackle the root causes of inflation? Are you suggesting the US should just have 0 inflation? White I'm not an expert, I believe economists consider inflation to be a good and healthy thing for an economy. Also no country or economy in the world has ever had 0 inflation, so you're talking about doing something that has never been done before. Seems odd. > Idk maybe we should instead: - Get rid of minimum wage - Get rid of excessive OSHA, SEC, FDA, EPA, FTC rules etc - Maybe we don't an extra 80,000 IRS agents. - Since its not the cold war anymore, maybe we don't 18 different intelligence agencies - Maybe we should replace all welfare and entitlements with an "essentials" program where "if your poor, you failed but we help you not starve or die of a treatable illness, however it comes with strings attached". - Maybe we should look into how the military is extremely corrupt and inefficient. Why is the F-35 built so many different states, how did we run out munitions so quickly, why will it take that long to replenish it? Sure, you could attempt to do all those things. How long do you think that will take? How much push back? Other countries don't need to invent "never been done" solutions and completely change their entire society to solve this, why does the US? You could spend decades attempting to do all that, or you could raise the minimum wage. It seems like you want to suggest solutions that are 500,000 times harder than a solution that actually works. Are you actually interested in fixing the problem, or are you interested in making everything much more complicated than it needs to be?

by grecy 3y ago

pc_edwin 3y ago

Minimum wage is a small part of a larger set of collectivist policies that the west has been sleep walking into since WWII. TLDR: All of those 21 countries are US protectorates or vassal states. Most of them are European countries that are slowly dying. Some are resource rich, some are tax havens, some are leeching of the goodwill/work of their ancestors.. None are making anything. Long Version: - Germany: US protectorate w/ 35K troops. Its truly a testament to the industriousness and ingenuity of these people that they still manage to make all those cars & heavy machinery despite the collectivism. - Nordic Countries: Total population just over half the population of California with massive oil reserves and a lot of fish. a.k.a EAE with snow - France/Spain/Portugal: Former empires, like an old person in pain waiting to die. They leech on the good will and work of their ancestors as their nations slowly die off. - Switzerland, Luxembourg, Ireland etc: Tax/Banking Havens with niche talent. - Rest Of EU: Dying countries propped up Germany & France or the equivalent of Europes China (Bulgaria/Ukraine/Poland). - Canada/UK - US vassal states. Also happened to be the former world empire, same story as France/Spain/Portugal but to an even greater degree. - Australia - Half of Californias population but has an entire continents worth of RAW minerals and commodities to export. Btw thats its, they don't make anything either. Basically all innovation and production happens in the US or Asia. EU and the rest of the west are slowly dying protectorates/vassal states of the US (hence Pax Americana) Conclusion: Anyways most of thats irrelevant, the important part is the fact that they are all dying. They are all propped up by the euro-dollar system. ECB has no ammunition left. Spain, Italy, France are all looking down an imminent pension crises. The UK is in slightly better shape but thats not saying much, they are looking down an impending sovereign debt crises but as a vassal state, they might get bailed out by the US. In real terms, they use American medicine, American macbooks, American iphones, American search engines, American Social media, American steaming providers, American content, Asian washing machine, Asian microwave oven, American fast food, American candy, American Ice cream, American soda, American/Asian lightbulbs, Asian trains, Asian TVs, Asian cups etc etc They don't make anything, they just exist on "good will" gained because of their ancestors and i mean in the literal sense. They exist on the bretton-woods system, all these currencies are artificially propped up. This system is just about to collapse btw lol.

grecy 3y ago
[flagged]
- pc_edwin 3y ago
  Because you're jesus smuggling extremely flawed assumptions through your question. e.g. If you don't kill every 3rd cute puppy born, all the pandas in the world will face gruesome deaths. Do you want all the pandas in the world to die gruesomely @grecy? If "being paid less tomorrow" is caused by inflation, wouldn't it make more sense to tackle the root causes of inflation? Because its really odd that the only feasible solution you guys have on the table is to double down on Byzantine regulations and Federal Soylent™. Idk maybe we should instead: - Get rid of minimum wage - Get rid of excessive OSHA, SEC, FDA, EPA, FTC rules etc - Maybe we don't an extra 80,000 IRS agents. - Since its not the cold war anymore, maybe we don't 18 different intelligence agencies - Maybe we should replace all welfare and entitlements with an "essentials" program where "if your poor, you failed but we help you not starve or die of a treatable illness, however it comes with strings attached". - Maybe we should look into how the military is extremely corrupt and inefficient. Why is the F-35 built so many different states, how did we run out munitions so quickly, why will it take that long to replenish it?
  - grecy 3y ago
    > Because you're jesus smuggling I honestly don't even know what that means. Also attacking me doesn't help your argument - it makes you look like you already know you don't have anything productive to add, so you just attack me instead of productively discussing the topic at hand. > If "being paid less tomorrow" is caused by inflation, wouldn't it make more sense to tackle the root causes of inflation? Are you suggesting the US should just have 0 inflation? White I'm not an expert, I believe economists consider inflation to be a good and healthy thing for an economy. Also no country or economy in the world has ever had 0 inflation, so you're talking about doing something that has never been done before. Seems odd. > Idk maybe we should instead: - Get rid of minimum wage - Get rid of excessive OSHA, SEC, FDA, EPA, FTC rules etc - Maybe we don't an extra 80,000 IRS agents. - Since its not the cold war anymore, maybe we don't 18 different intelligence agencies - Maybe we should replace all welfare and entitlements with an "essentials" program where "if your poor, you failed but we help you not starve or die of a treatable illness, however it comes with strings attached". - Maybe we should look into how the military is extremely corrupt and inefficient. Why is the F-35 built so many different states, how did we run out munitions so quickly, why will it take that long to replenish it? Sure, you could attempt to do all those things. How long do you think that will take? How much push back? Other countries don't need to invent "never been done" solutions and completely change their entire society to solve this, why does the US? You could spend decades attempting to do all that, or you could raise the minimum wage. It seems like you want to suggest solutions that are 500,000 times harder than a solution that actually works. Are you actually interested in fixing the problem, or are you interested in making everything much more complicated than it needs to be?