US minimum wage increase

Discussion in 'Markets & Economies' started by renovator, Feb 13, 2013.

  1. renovator

    renovator Well-Known Member

    Joined:
    Jan 20, 2011
    Messages:
    6,989
    Likes Received:
    83
    Trophy Points:
    63
    Location:
    QLD
    Just watched the state of the union address & obama was saying the minimum wage would rise to $9 per hour :rolleyes:

    Half the troops home by 2014

    The cyber crime bill etc

    Didnt have much to say about debt unless i missed it ( i missed the first part )

    Some incentives for business & manufacturers sounds like the push is on to bring manufacturing back to the US

    $9 an hour is still a bit low no wonder theres so much crime over there
     
  2. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,684
    Likes Received:
    4,447
    Trophy Points:
    113
    Boost manufacturing and boost the min wage?? Sounds like FDR all over again and the only thing that saved his bacon was WW2.

    Boosting min wages just adds costs to producers forcing them to shed jobs or move factories OS.
     
  3. Diablo21

    Diablo21 Member

    Joined:
    Jun 22, 2011
    Messages:
    780
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Canada
    $9 is quite a bit, prices in the US are very low, I don't know where this talk of inflation comes from. I go from Canada to do grocery shopping in the US, I get about 50% savings by buying across the border.

    If you live in a smaller town, $9/hour is more than enough.
     
  4. capt.sparrow

    capt.sparrow New Member

    Joined:
    Jun 3, 2011
    Messages:
    379
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    U ASS
    nonsense! relatively speaking you have more buying power there at that rate than you do here at $20 or whatever the so-called min wage is here.

    more government = more money wasted = higher prices = welcome to Straliamate!!
     
  5. capt.sparrow

    capt.sparrow New Member

    Joined:
    Jun 3, 2011
    Messages:
    379
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    U ASS
    yeh Canada is another socialist nanny state - almost as bad as Stralia! => high prices from useless government meddling
     
  6. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,684
    Likes Received:
    4,447
    Trophy Points:
    113
    Name one Western nation that is not socialist. :(
     
  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

    Joined:
    Oct 31, 2011
    Messages:
    7,079
    Likes Received:
    892
    Trophy Points:
    113
    Location:
    bosis
    Western Australia. :)
     
  8. hawkeye

    hawkeye New Member Silver Stacker

    Joined:
    Nov 10, 2010
    Messages:
    2,929
    Likes Received:
    4
    Trophy Points:
    0
    Location:
    Perth, Australia
    It prices low skilled people out of the market.

    [youtube]http://www.youtube.com/watch?v=b4Ubp7U9Dq4[/youtube]
     
  9. AngloSaxon

    AngloSaxon Active Member

    Joined:
    Oct 26, 2012
    Messages:
    1,779
    Likes Received:
    6
    Trophy Points:
    38
    Location:
    Sydney
    Minimum wage laws are a good way to price young people out of employment, raising youth unemployment.

    Basic economics.
     
  10. fl57caveman

    fl57caveman New Member

    Joined:
    Aug 15, 2009
    Messages:
    9
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    N.W. Fl, USA

    social decay, poor public education, no values being taught, God taken out of everywhere they can intimidate people into it, coupled with govt giveaway programs that teach them not to have to work, equals crime going up....not hard to figure why, unless you work for the govt, then the solution is to tax more...
     
  11. capt.sparrow

    capt.sparrow New Member

    Joined:
    Jun 3, 2011
    Messages:
    379
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    U ASS
    yes America has sadly fallen - 100% thanks to the Fabian ("Liberal") socialist scum who have been running the show for decades now - instilling their socialist ideoloy into all facets of society like a cancer.

    I reckon America is heading for civil war - the socialist zombie scum vs the rest of society who are tired of being sucked dry by the parasites of society...
    Same in Europe - big sh1t coming...

    Stralia i reckon will just go on as though nothing is wrong - the zombies/parasites will simply consume the entire productive population here until there is nothing left - without even a fight. That's how apatthetic I believe Australians are.
     
  12. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

    Joined:
    Nov 15, 2010
    Messages:
    18,684
    Likes Received:
    4,447
    Trophy Points:
    113
    I have a property boundary. ;)
     

Share This Page