Is a radical increase in minimum wage a catalyst towards slavery

Posted by Dobrien 9 years, 1 month ago to Government
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I feel the dependent on entitlements class , the unemployed will increase with wages set by govt.mandate versus supply vs demand. When dependent you become enslaved .


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  • Posted by 9 years, 1 month ago in reply to this comment.
    I think the so called progressives should be called regressives Political Progressives Are Regressives Forbes
    Sep 9, 2015 - FAR-LEFT DEMOCRATS call themselves "progressives" these days, but they're actually reactionaries who favor the few against the many.
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  • Posted by $ MichaelAarethun 9 years, 1 month ago in reply to this comment.
    Which means jail doesn't work Something perhaps to do with early outs on parole etc. Sentence not served is a freebie means i can get away with this.

    If the sentence had meaning it would work. If it doesn't work it has no meaning. You want to hire a faulty product - givent he recidivism rates? Fine. You hire them.
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  • Posted by $ blarman 9 years, 1 month ago in reply to this comment.
    To anyone with a logical mind and respect for individual freedoms, you are absolutely correct. And that is the problem: progressives don't respect individual freedoms and don't think logically. They don't stop to think for one minute how they would be on the bottom if the situations were reversed.
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  • Posted by Herb7734 9 years, 1 month ago in reply to this comment.
    You could create a new type business or write a book: "How I Get Government Freebies" by Myron Mooch.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    Temlakos Thanks for your insight.
    from the Daily Reckoning

    It really is that simple. If you’re a marginal worker, you’re expendable. The business for which you work can perhaps justify paying you $6.55 per hour to sweep or wash dishes. When then forced to pay $7.25 per hour for the same services, the business just decides they can no longer afford to hire the sweeper or dishwasher. They make other arrangements to get the jobs done. Meanwhile, the former dishwasher is now out of a job thanks to the Federal Government raising the minimum wage.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    Lucky Thanks for the link.
    From your link: But there is one policy that actually renders many unemployable and locks them in a permanent underclass: the minimum wage.
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  • Posted by Temlakos 9 years, 1 month ago
    It could be. As the minimum wage rises, a lot of people shift from employed to unemployed.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    I would agree, but I believe they are both complicit.
    Sound Banking in the US was destroyed by the 1913 Fed reserve act. Also in 1910, Senator Nelson Aldrich, Frank Vanderlip of National City (today know as Citibank), Henry Davison of Morgan Bank, and Paul Warburg of the Kuhn, Loeb Investment House met secretly at Jeckyll Island to craft a plan that has been progressing(sic) ever since.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    +1 Herb Of course, if this person spent as much effort applying for jobs as applying for freebies, it would eliminate at least some problems. Exactly
    Or create there own service or business.
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  • Posted by Lucky 9 years, 1 month ago
    Yet another problem-
    Released prisoners cannot get work, the minimum wage makes it tough to re-integrate into society and avoid going back to jail - a problem clearly shown in the figures.
    The minimum wage locks them into a permanent underclass.

    http://ipa.org.au/news/3482/the-minim...
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  • Posted by $ blarman 9 years, 1 month ago in reply to this comment.
    That's because she and her ilk see themselves as the lords and everyone else as the peasants. She already has more than 99.999999% of the rest of the planet but it isn't having, it's preventing others from having that consumes them.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    Thanks Michael , More so than it ever was. From the Daily Reckoning The very Pols that caused the dollar to lose purchasing power due to government deficit spending now pretend to be so munificent as to help the poor earn a “living wage.”
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  • Posted by Herb7734 9 years, 1 month ago
    Hello Dobrien:
    You are correct. The formula is simple. Minimum wages go up by mandate. Retailers who use it cut back on employees or go out of business. This increases the unemployment rolls, thus making more people dependent on government for sustenance. And as you point out, dependence eventually leads to slavery. The left loves dependency because that becomes their constituency.

    There is a certain type of person whose thought process goes like this: "Well, I tried to get a job but no one is hiring. That's not my fault, so I might just as well take advantage of the government freebies every way I can." Of course, if this person spent as much effort applying for jobs as applying for freebies, it would eliminate at least some problems.
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  • Posted by blackswan 9 years, 1 month ago in reply to this comment.
    The ne'er do wells have been getting away with it forever. Just look at the 2008 meltdown. The banks were forced, under penalty of law, to issue subprime mortgages, and the government, to keep them quiet, bought those mortgages, and packaged them as AAA securities, and sold them all over the place. Yet, when the SHTF, the so-called "banksters" were the ones who took the heat. The politicians who enacted the law forcing the banks to do what they did, dodged the bullet that should have hit them, and let the bankers take the hit. There are even people here in the Gulch who blame the bankers, rather than the politicians. If we, who should know better, are taken in by the charlatans, how do you expect the uneducated to figure it out?!?
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  • Posted by 9 years, 1 month ago in reply to this comment.
    thanks Blarman this from the daily reckoning

    Recall Mama Obama ranting during the campaign that “some folks are going to have to give-up some of their pie so that others can have some?” Neither she nor the multitudes like her understand the basics of Economics 101. Our economy is not a zero-sum game.
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  • Posted by term2 9 years, 1 month ago in reply to this comment.
    Its a pain to buy from china and endure the LONG delays due to sea shipping and the costs of customs. I would rather do the work here, and I certainly know how to do it (we have done a lot of stuff in the past that we cant afford to do now.)

    When the day comes that I have to lay these people off, I will just tell them that the government did this to you. They probably voted for Hillary and Obama actually.
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  • Posted by 9 years, 1 month ago in reply to this comment.
    Thanks jdg this from the dailyreckoning

    Wage and Price Controls don’t work. You and I can see it in everyday real life. Richard Nixon tried it and failed. The Pols that run the country can’t seem to see beyond the end of their noses. Actually, they know exactly what will happen but they’re so hell-bent to reward unions, they don’t care.

    Why unions? Simple. If the minimum wage is increased, naturally the union wage must also be increased. Increasing the union wage rate keeps the membership in line and fattens the pockets of the union officials. In turn, it helps get the Pols re-elected. Talk about being hypocritical. The very Pols that caused the dollar to lose purchasing power due to government deficit spending now pretend to be so munificent as to help the poor earn a “living wage.”
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  • Posted by 9 years, 1 month ago in reply to this comment.
    Good luck with your assembly process in China.
    It certainly would be a tough decision to make that change as I'm sure for a variety of reasons you would like to produce here.
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  • Posted by wiggys 9 years, 1 month ago
    don't worry about it! as far as i can tell in a few years things will get so bad economically that there will no longer be any employment.
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