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-   -   What Did President Trump Do Now? (https://www.musicbanter.com/current-events-philosophy-religion/87986-what-did-president-trump-do-now.html)

Exo 12-10-2016 04:47 PM

Quote:

Originally Posted by Mordor (Post 1781542)
So you're fine with Spanish but not Russian? Why?

I have no problem with the language or the people who speak it. I also don't have a problem with the Russian language or the people who speak it. I have a problem with the Russian government which is what my post was inferring to.

Zhanteimi 12-10-2016 04:52 PM

Don't people in the Russian government speak English? It is the international language, after all.

Lucem Ferre 12-10-2016 04:55 PM

but but but but but but but but but... Trump isn't corrupted by politics, he's not bought out be Wall Street, he would never put greedy corporate people into powerful positions because he's against the establishment....

...or I was right all along.

And I thought inflation was when we keep printing more money than we actually have so the worth of our currency drops.

Frownland 12-10-2016 05:40 PM

Quote:

Originally Posted by elphenor (Post 1781529)
ughhhhh stop talking about things you don't know anything about

higher wages, higher minimum wages in this case, do not cause inflation

In a market free enough to where companies can counteract higher wages with higher prices (like our economy), it does, unfortunately. It's not inherent persay but lit seems to be the trend.

Ol’ Qwerty Bastard 12-10-2016 06:00 PM

Quote:

Originally Posted by Frownland (Post 1781555)
In a market free enough to where companies can counteract higher wages with higher prices (like our economy), it does, unfortunately. It's not inherent persay but lit seems to be the trend.

.

djchameleon 12-10-2016 06:35 PM

Quote:

Originally Posted by Frownland (Post 1781555)
In a market free enough to where companies can counteract higher wages with higher prices (like our economy), it does, unfortunately. It's not inherent persay but lit seems to be the trend.

Okay so a few things. This is for Qsdfl;kjd too.

In the case of McDonald's I will use his example, they could increase the price of everything by 20 cents and be able to pay their workers 15 dollars an hour but they won't.

They would rather automate the cashiers and fire some of the staff leaving the rest to work the grill.

The Fight for 15 is good in certain areas but only in the areas where the cost of living is higher.

In reality they should be getting paid a living wage but then that would be somewhere near 25 an hour and that's not going to happen for an entry level position. The rate of inflation and cost of living over the years doesn't match up with the current minimum wage rate. It would be one thing if they were in line with each other but they currently aren't.

Also some of the places that are approving 15 dollars an hour are only okay with it because they are making deals like it will be 15 dollars an hour by the time it reaches 2022. They will slowly increase people's wages in year but by the time that 2022 rolls around the cost of living will be higher and 15 dollars an hour will mean jack **** by then that's what those companies are banking on.


Damn he picked Tillerson. One of the worst out of the rest of the choices. At least he didn't go with Petraeus.
I will update the OP.

Ol’ Qwerty Bastard 12-10-2016 06:42 PM

it's easy to say they "should" do something when you aren't in their shoes. obviously it's greed on their part, but who are we to tell them to do differently? i personally don't feel people working at mcdonald's are entitled to anything. it's a part-time job and if they aspire for more they should try their hardest to move up in the organization or find a better opportunity.

elphenor 12-10-2016 07:00 PM

Quote:

Originally Posted by Frownland (Post 1781555)
In a market free enough to where companies can counteract higher wages with higher prices (like our economy), it does, unfortunately. It's not inherent persay but lit seems to be the trend.

There is no evidence suggest that it's the trend beyond a very minuscule amount

the idea that it would comes from a fundamental misunderstanding of how economics works

The Minimum Wage and Inflation | Dollars & Sense

elphenor 12-10-2016 07:02 PM

Quote:

Originally Posted by Qwertyy (Post 1781574)
it's easy to say they "should" do something when you aren't in their shoes. obviously it's greed on their part, but who are we to tell them to do differently?.

No the problem is raising prices to try and offset labor costs actually just ends up costing them profits

The question of "should" is a different matter entirely here

They don't do it because it wouldn't work

Frownland 12-10-2016 07:37 PM

Except for them real world examples

https://www.google.com/amp/www.forbe...?client=safari

I'm not against raising the minimum wage ftr.


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