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I work 4 jobs and I'm still struggling

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minwage_markperry.jpg
 
Singapore has the 3rd highest incomes in the world, 1.9% unemployment rate and no minimum wage.
 

Here's a couple hundred pages of empirical data collected across the OECD that you will never read which trumps your little graph.


Global Wage Report 2008/09
Minimum wages and collective bargaining
Towards policy coherence

http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_100786.pdf

Global Wage Report 2010/11: Wage policies in times of crisis
http://www.ilo.org/wcmsp5/groups/pu...---publ/documents/publication/wcms_145265.pdf
 
Singapore has the 3rd highest incomes in the world, 1.9% unemployment rate and no minimum wage.

They also have a very successful healthcare system based off sane government price controls and health savings accounts that can be used for any healthcare costs and are inheritable. It basically pairs reasonable regulation with self accountability.
 
They also have a very successful healthcare system based off sane government price controls and health savings accounts that can be used for any healthcare costs and are inheritable. It basically pairs reasonable regulation with self accountability.

and a massive subsidized housing program. they have also followed a completely different model of deregulation and liberalization , haven't off-shored manufacturing as they have an export drive economy.

so in other words, their economy isn't even close to what we have here in the U.S.
 
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1) he's an asshole
2) who failed to tell him that a liberal arts degree does nothing for you unless you live in California, NYC, Chicago, or any major Euro city?
3) he can kiss my ass because he probably slept through his undergrad...if he wants to cry, he should try getting a health science degree in his 30's, then bitch about how boring ramen is, and then cry more when he realizes that a BS in health is worthless without a graduate degree, so he needs to amass $200k in loans before he actually makes more than $15/hr.
4) he's an asshole
5) the cost of living in the Midwest is drastically less than the rest of the country, so he should try #3 while making about $200/week because that's all the time he can spare due to the requirements of #3
6) he's an asshole
 
Here's a couple hundred pages of empirical data collected across the OECD that you will never read which trumps your little graph.


Global Wage Report 2008/09
Minimum wages and collective bargaining
Towards policy coherence

http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_100786.pdf

Global Wage Report 2010/11: Wage policies in times of crisis
http://www.ilo.org/wcmsp5/groups/pu...---publ/documents/publication/wcms_145265.pdf


you just posted an opinion report by a labor organization. a labor organization advocating more wages for labor? no way! who would have thunk it? LOL the chart I posted is a fact of what happens in the US when the minimum wage is increased. your opinion report is worldwide when all govt operate different. nice try though.
 
so in other words, their economy isn't even close to what we have here in the U.S.


i know, they have more capitalism in Singapore than in the US, that's why they are in better financial situation than us.
 
you just posted an opinion report by a labor organization. a labor organization advocating more wages for labor? no way! who would have thunk it? LOL the chart I posted is a fact of what happens in the US when the minimum wage is increased. your opinion report is worldwide when all govt operate different. nice try though.

a labor organization that uses empirical data collected across dozens of country's over the course of many decades. typical right wing response, refute all data that goes against your low wage ideology.
 
a national wage council with no minimum wage......




and your point is?

there is no sustainable economy in the world that has neither a minimum wage or national collective bargaining. if you weren't so lazy and ever bothered to read either of the Global Wage reports you would see how wages in the US differ from other country's and how the empirical data clearly shows that lack of wage growth not only contributed to the 2008 economic downturn but in the slow recovery. And yes every economist already knows and acknowledges there is a trade of between higher wages and employment, empirical data clearly shows that.

Minimum relative to average wages of full-time workers
Minimum relative to average wages of full-time workers
 
my point is in the US minimum wage laws prices people out of the job market causing more unemployment while rising prices on goods and services.
 
I can't wait until this day finally happens. Better efficiency and less frustration. It's been a few years since I've gone through a drive through and had someone who speaks and understands english serve me.

Thankfully, I live in an area that's upwards of 90% white. I still enjoy friendly, prompt, and accurate service at the fast food places that I occasionally go to. But damn, I hate when I do it back in LA.
 
Here's a couple hundred pages of empirical data collected across the OECD that you will never read which trumps your little graph.


Global Wage Report 2008/09
Minimum wages and collective bargaining
Towards policy coherence

http://www.ilo.org/wcmsp5/groups/public/---dgreports/---dcomm/documents/publication/wcms_100786.pdf

Global Wage Report 2010/11: Wage policies in times of crisis
http://www.ilo.org/wcmsp5/groups/pu...---publ/documents/publication/wcms_145265.pdf

Even your noble prize wining economist idol Paul krugman says increasing the minimum wage will increase unemployment.
So i guess the Nobel prize winning economist is wrong?


"So what are the effects of increasing minimum wages? Any Econ 101 student can tell you the answer: The higher wage reduces the quantity of labor demanded, and hence leads to unemployment." -Paul Krugman
Living Wage: What It Is and Why We Need It. - Free Online Library
 
Lol Bowden, you're a joke. You probably have no idea what 'hard work' is. Now you're telling me you can't retire off of a 6 digit income after 30 years :lol:

Son,
I worked in Florida on a roofing crew for 4 years.
Working as a roofer on roofs that at times hit at least 110 degrees+ while working in 80%+ humidity.
I also served in the Marines as a field grunt.
So yeah boy, I know what hard work is.
 
and a massive subsidized housing program. they have also followed a completely different model of deregulation and liberalization , haven't off-shored manufacturing as they have an export drive economy.

so in other words, their economy isn't even close to what we have here in the U.S.

And how does that change the fact that personal responsibility has to be part of the answer. I agree that most of it will come from making it difficult to pay people substandard wages, but at the same time you have to change the entitlement mentality. I agree that all jobs should afford people the ability to buy shelter and food, it doesn't mean everyone should have an iphone. A large chunk of poor people do make poor choices. I don't necessarily agree with the extent that DOMS takes it, that all poor people are poor because they should be poor. However, there is a reason why they tell you not to feed bears. I see no reason why the same logic cannot be applied to humans, we're no better and part of the same evolutionary system. Just because our environment is a concrete city and theirs' is a plant filled jungle doesn't mean the core concept behind biology doesn't apply to us.
 
And how does that change the fact that personal responsibility has to be part of the answer.

Personal responsibility is a great right wing think tank talking point but not when a lack of wages supports the ability for one to actually be self-sustaining in reality. Falling wages for those in the lowest income quintile, job insecurity along and the loss of tax progressiveness in the US makes it easier said then done. Empirical data clearly shows that upward social mobility is stagnant in the U.S.
 
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and with upward social mobility stagnant comes social stratification
 
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Personal responsibility is a great right wing think tank talking point

Really, because, growing up at the absolute fiscal bottom of this nation, I had been under the impression that it was a choice. But it turns out that personal responsibility is a talking point. Good to know.
 
Really, because, growing up at the absolute fiscal bottom of this nation, I had been under the impression that it was a choice. But it turns out that personal responsibility is a talking point. Good to know.

And who made you the standard by which all others are to me measured against? Your just as much as an economic failure to those at the top as you are a winner compared to those at the very bottom.
 
typical socialist ^^^^

really in what way? please cite one post were I have lobbied for the transfer of the means of production from the private to public sector?

You haven't got a single clue about what it takes to build a sustainable economic model in the post industrial era because you know absolutely nothing about economics.
 
really in what way? please cite one post were I have lobbied for the transfer of the means of production from the private to public sector?

You haven't got a single clue about what it takes to build a sustainable economic model in the post industrial era because you know absolutely nothing about economics.

are you that stupid ? don't answer I already know. there are many types of socialism go look it up retard.

the fed is the main problem to the economy I'll explain when I get on my computer later. stay tuned.
 
And who made you the standard by which all others are to me measured against? Your just as much as an economic failure to those at the top as you are a winner compared to those at the very bottom.

Yet another red herring. Color me surprised.

Personal responsibility is something that everyone, not matter their station, is accountable for. But I guess slinging drugs and jacking cars are just talking points, right?
 
yes but how is it our responsibility as tax payers and responsible citizens to ensure they are financially taken care of.

it's called being part of a society, its not like taxation is a new thing it's only been going on for several thousand years now. Have you not studied world history at all beyond what you did in high school?

Society and collaboration is what allows you to even work in the field that you do today.
 
Yet another red herring. Color me surprised.

Personal responsibility is something that everyone, not matter their station, is accountable for. But I guess slinging drugs and jacking cars are just talking points, right?

Since you claim to have an understanding of economics then do explain how the imbalance of agriculture, manufacturing and services impacts "personal responsibility" in a post industrial economy where economic rents and market dominance are capturing a greater share of productivity gains over time.

Name one way to address this problem.
 
Since you claim to have an understanding of economics then do explain how the imbalance of agriculture, manufacturing and services impacts "personal responsibility" in a post industrial economy where economic rents and market dominance are capturing a greater share of productivity gains over time.

Name one way to address this problem.

And...another red herring.

I'm talking about personal responsibility, you apparently have started talking about fish.
 
And...another red herring.

I'm talking about personal responsibility, you apparently have started talking about fish.

Right, because you won't admin you don't really understand anything about ecnomics, so that's your cop out.

But what I'm talking about how your simplistic approach to a real work economic problem offers no real world solution in a economy that's dying. The "personal responsibility" meme does nothing to address the facts that there are many people in the US who did the right thing but have had jobs and careers take out from under them.

Do tell Mr Perfect what would you do tomorrow to support your family at the same level of income if your means of income was taken away from you over night? What's your back up plan? You must have one because your perfect because "you" were able to pull yourself up out of poverty.
 
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