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7/12/2012 12:57:17 AM Posted: 10 months ago We should pay people only in heroin.
Get the economic gears movin' like never before. Your highly adored emperor/dictator/grand-poobah/all that good stuff. Vice-President to the honorable Airmax adminstration, as well. Is it happening? http://applejack.ponychan.net... Only the DDO Elite may access this link: http://www.ddoelite.com... |
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7/12/2012 11:56:13 AM Posted: 10 months ago Now that I think of it, no it would not.
Slavery is forced, working for free is legal now but your choice. So it's volunteer work. http://social-conservatism.blogspot.com... Arms keep peace - Latin proverb Never tell your problems to anyone...20% don't care and the other 80% are glad you have them. - Lou Holtz |
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7/12/2012 12:39:03 PM Posted: 10 months ago Contra, if McDonald's could raise prices by $.15 without decreasing sales, then why didn't it raise its price before the minimum wage increase came into effect?
"What we really ought to ask the liberal, before we even begin addressing his agenda, is this: In what kind of society would he be a conservative?" - Joseph Sobran |
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7/12/2012 12:45:22 PM Posted: 10 months ago At 7/12/2012 12:39:03 PM, Reasoning wrote: Inflation |
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7/12/2012 5:49:49 PM Posted: 10 months ago At 7/12/2012 12:45:22 PM, royalpaladin wrote:At 7/12/2012 12:39:03 PM, Reasoning wrote: Having a minimum wage at all hurts the economy. I say leave it the same for 50 years so its essentially nothing :D http://social-conservatism.blogspot.com... Arms keep peace - Latin proverb Never tell your problems to anyone...20% don't care and the other 80% are glad you have them. - Lou Holtz |
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7/12/2012 6:10:23 PM Posted: 10 months ago At 7/12/2012 12:45:22 PM, royalpaladin wrote:At 7/12/2012 12:39:03 PM, Reasoning wrote: Reasoning's question had to do with elasticity, not inflation. "Man is born free, and everywhere he is in chains" - Jean Jacques Rousseau |
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7/12/2012 6:39:21 PM Posted: 10 months ago Counter-example:
Bob works as a cashier at Wal-Mart. Because he is there, Wal-Mart can sell goods faster. Wal-Mart pays him $8 per hour, and the minimum wage is $8. Because of him, Wal-Mart gains an additional $8.50 per hour, with a net profit of $0.50 because of Bob. The government decides that Bob can't live on $8 per hour, so they increase the minimum wage to $9. Now Bob's work costs Wal-Mart $0.50 per hour, and they fire him. Bob is now unemployed, and Wal-Mart sells fewer goods. |
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7/13/2012 8:27:42 AM Posted: 10 months ago At 7/12/2012 6:39:21 PM, mongeese wrote: Walter makes a good point. If Americans want to get serious about giving unskilled labor a living wage, then a mandated wage needs to be accompanied by mandated employment. I have a very hard time taking seriously the political philosophy of someone who defends the Borg. |
