If Jesse is too stupid for arithmetic, what the **** can that cretin tell us about the effects of a $20 minimum wage?*rippy38 » 20 May 2024, 9:11 am » wrote: ↑ As I stated earlier, the media's goal was to divert the topic of the podcast from "Why the $20 minimum wage is bad for the economy right now" to "Jesse Waters is a boob"... and it worked perfectly on the useful idiots as always.
Please stand and give yourselves a round of applause.
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You too Veggie man.
**** YOU BITCH BOIBlackvegetable » 20 May 2024, 10:01 am » wrote: ↑ If Jesse is too stupid for arithmetic, what the **** can that cretin tell us about the effects of a $20 minimum wage?
The issue isn't the concept of a "minimum" wage at all, but trying to turn said minimum into a "living" wage instead of what is was intended to be... which is an entry level wage to acclimate inexperienced workers into the labor pool.LowIQTrash » 20 May 2024, 9:57 am » wrote: ↑ The actual answer of whether the MW hike is bad for the economy is more complex than your handlers led you to believe. A higher MW enables a % of existing workers to earn more but dis-employs / slashes the working hours of the remaining, so if you look at it purely from a consumption (consumer spending = higher GDP) POV then the MW is a more or less neutral policy.
It re-allocates existing resources from some workers to others. The employer doesn’t GAF because they can reduce hours and payroll.
Without a minimum wage, a similar phenomenon would occur - people would simply drop out of the labor force because the value of labor is far too low for most sentient people (read: people not from 3rd world ****) to justify commuting 1+ hour to work and dealing with drudgery and tyrannical bosses 9-12 hours/day in and out.
This is exactly what happens in 3rd world countries like India and Indonesia - lots of people are “silently unemployed” (not counted as part of the workforce) due to extreme saturation of labor so they’re forced to sell street food or do other types of low paying work in the “informal” sector.
Job training programs don’t do anything anyways because white collar work is saturated - you would just introduce more competition for limited white collar jobs (on top of the millions of H1Bs also joining the party)
Software = saturated
Most engineering fields = saturated
Most medical professions = artificially limited by AMA so it’s not like you have a choice, but are saturated anyway
Accounting = saturated
Trades = almost saturated (only silver lining is that the well paid ones are unionized, but it takes a while to get a union position or else you get paid peanuts)
Nursing / home care isn’t saturated but not everyone is keen on wiping Boomers’ asses
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(Try getting a dunce like Jesse to understand all the nuances I wrote)
There is no “easy” solution to the problem I outlined above (imbalance between supply and demand for labor). For the individual, their best hope is get lucky, crime, be extraordinarily talented at something that makes money, start grifting / brown nosing, or buckle down and work like a donkey and hope you make it.
The US government could in theory deport tens of millions of foreigners (both legal and illegal) and start creating a massive jobs program back home but good luck with that - hasn’t been done since 1950s.
I would say your opinion is more or less sound. I am neutral on MW increases.*rippy38 » 20 May 2024, 1:14 pm » wrote: ↑ The issue isn't the concept of a "minimum" wage at all, but trying to turn said minimum into a "living" wage instead of what is was intended to be... which is an entry level wage to acclimate inexperienced workers into the labor pool.
Where I live, entry level jobs are already hovering around $18-20 an hour because that what the market dictates, not what the Govt mandates. The lowest of the low hourly pay around here is $15/hr because employers realize that if they go much lower, no one will apply. Even then it's still nearly impossible to afford to live here for someone just starting out on those wages because of housing costs and inflation.
Raising the minimum wage doesn't do anything except drive up costs to the consumer, push small businesses under and strengthen the hold corporate America already has on the workforce. It's mostly political pandering and not a "solution" to anything.
Right now this Country has more of a housing problem than a wage problem, in my humble opinion anyway.
They can't get NUTHIN past you.*rippy38 » 20 May 2024, 9:11 am » wrote: ↑ As I stated earlier, the media's goal was to divert the topic of the podcast from "Why the $20 minimum wage is bad for the economy right now" to "Jesse Waters is a boob"... and it worked perfectly on the useful idiots as always.
Please stand and give yourselves a round of applause.
![]()
You too Veggie man.
What didn't get past you was that 15 second sound bite out of a 90 minute podcast.Cannonpointer » 20 May 2024, 2:55 pm » wrote: ↑ They can't get NUTHIN past you.
But Jesse Waters got past you the fact that he's an idiot incapable of math when his fee-fees are in high dudgeon.
Slipped it RIGHT past ya.
You were too busy watching "the media." The same media that made a Biden-bedfellow *** of you on Ukraine.
Maybe you should watch em a ****-hair less selectively in future.
Because that is the part you posted, you retarded tranny supporter.*rippy38 » 20 May 2024, 3:12 pm » wrote: ↑ What didn't get past you was that 15 second sound bite out of a 90 minute podcast.
I didn't post any of it.Cannonpointer » 20 May 2024, 3:14 pm » wrote: ↑ Because that is the part you posted, you retarded tranny supporter.
I would NEVER watch 90 minutes of a weak *** who can't do simple math - just not as stupid as you are.
Calm down before you stroke out or something.
Logic and math...Cannonpointer » 20 May 2024, 3:16 pm » wrote: ↑ Calm down before you stroke out or something.
The *** can't do math. You can't do logic.
Between the two of you, ya got one complete idiot.
lol…*rippy38 » 20 May 2024, 3:23 pm » wrote: ↑ Logic and math...
If someone is making $20 an hour and working an 80 hour week, that $2000 a week, considering overtime.... (40x20=800; 40x30=1200)
2K x 52 weeks in a year = $102,000
That's six figures any way you slice it.
Who needs sleep... right?
What about a 168 hour week? Is that also six figures, you moron?*rippy38 » 20 May 2024, 3:23 pm » wrote: ↑ Logic and math...
If someone is making $20 an hour and working an 80 hour week, that $2000 a week, considering overtime.... (40x20=800; 40x30=1200)
2K x 52 weeks in a year = $102,000
That's six figures any way you slice it.
Good luck finding anyone to work that schedule...Cannonpointer » 20 May 2024, 3:29 pm » wrote: ↑ What about a 168 hour week? Is that also six figures, you moron?
All doo respeck.
He'll be right there in the same place ya find a fast food joint that allows 80 hour work weeks for line level employees.
*rippy38 » 20 May 2024, 3:23 pm » wrote: ↑ Logic and math...
If someone is making $20 an hour and working an 80 hour week, that $2000 a week, considering overtime.... (40x20=800; 40x30=1200)
2K x 52 weeks in a year = $102,000
That's six figures any way you slice it.
That's because he couldn't fit it into that 9 second out take.
I saw the whole thing*rippy38 » 20 May 2024, 5:01 pm » wrote: ↑ That's because he couldn't fit it into that 9 second out take.
LOL
I can't get anything past you can I...Mrkelly » 20 May 2024, 5:03 pm » wrote: ↑ I saw the whole thing
he didn’t mention a 80 hour week
just dumb math
Like when bidencrimefamily claimed Biden had cut spending?Mrkelly » 20 May 2024, 5:03 pm » wrote: ↑ I saw the whole thing
he didn’t mention a 80 hour week
just dumb math