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Topic: Minimum Wage Rise Is Reducing Employment In Seattle
Dodo_David's photo
Wed 07/27/16 04:26 AM


Meanwhile, back in this universe . . .

The free market works for society as a whole.
Yet, malcontents will complain about the free market because it requires them to compete for what they want.

Employers know that if they want to attract and to keep skilled employees, then the former need to set wages that are high enough to attract and to keep skilled employees.

Keep in mind that the minimum wage is supposed to be a starting wage - a training wage - for unskilled employees.

Free market?
What Galaxy might that be?laugh


There was a free market until the Democratic Party messed with it.

no photo
Wed 07/27/16 04:35 AM

Meanwhile, back in this universe . . .

The free market works for society as a whole.
Yet, malcontents will complain about the free market because it requires them to compete for what they want.

Employers know that if they want to attract and to keep skilled employees, then the former need to set wages that are high enough to attract and to keep skilled employees.

Keep in mind that the minimum wage is supposed to be a starting wage - a training wage - for unskilled employees.


Free market theory comes with the caveat that the laws to support it are in place.
I don't believe those laws are in place in fact I don't think the laws required to support a fair and equitable free market are known.

IgorFrankensteen's photo
Wed 07/27/16 05:05 AM
There's never been such a thing as a Free Market of the ideal kind that you Free Market proponents like to pretend is so wonderful.

And no, that's not because "Democrats messed it up," it's because every time a so-called "free market" has come about, and continued to exist for more than a few minutes, the MARKETERS immediately began to manipulate and distort it.

Truly free market, means no protection at all from defective products, from poisons being dumped into your drinking water, from criminal gangs intercepting your company's shipments of product, or from competitors manipulating prices to destroy small business competitors.

It means no restraint of false advertising, no way to prevent your competitors from bribing lending institutions to prevent them from allowing you to get the needed cash to fund your business.

People who go about fantasizing about how wonderful a real Free Market Economy is, are just like the people who fantasize about how wonderful Anarchy is. Every single one of them assumes that they would have 100% of the benefits of a regulated market that they have right now, just without any requirements for THEM to behave themselves thoughtfully.




Serchin4MyRedWine's photo
Wed 07/27/16 06:45 AM



No, sorry. Illegals are being used as a cover story, and always have been. They are a problem, but they aren't who is holding wages below poverty level.

What's holding wages down, is the combination of ACTIVE work by our own government to lower trade barriers in order to drive down wages and destroy union power, while at the same time acting to prop up the cost of living, though a variety of actions and inactions, which maintain the value of real estate (i.e. living quarters for workers) and the cost of medical care (by allowing the insurance companies and the AMA to decide how much everything must cost).

That's why the Republicans are so divided about Trump. He wants to actually DO something about illegals, and take them out of the equation. That will result in it being quite clear to those few who don't realize that employers set wages based on how they have to price their products in a market that favors foreign companies paying slave wages, and not based on how many job applicants they have, that the Republican leadership especially (with the complicity of the Democrats) have been lying to us for decades.


Well your "THEORY" sounds good, but I see it everyday in business. I can replace my employees with illegal immigrants at half the cost I pay them now. This is an everyday occurrence, it is only because of my own personal principles that I don't hire these illegals and thereby increase my profits. Unfortunately a lot of other companies big and small don't have these principles and only care about their bottom line. One reason big corporations love Hillary and fund her campaigns because they know they'll have cheap labor.

Conrad_73's photo
Wed 07/27/16 08:31 AM



Meanwhile, back in this universe . . .

The free market works for society as a whole.
Yet, malcontents will complain about the free market because it requires them to compete for what they want.

Employers know that if they want to attract and to keep skilled employees, then the former need to set wages that are high enough to attract and to keep skilled employees.

Keep in mind that the minimum wage is supposed to be a starting wage - a training wage - for unskilled employees.

Free market?
What Galaxy might that be?laugh


There was a free market until the Democratic Party messed with it.

this is what messed it up from day one!

http://en.wikipedia.org/wiki/Commerce_Clause

The Founders would probably extremely surprised how "creative" the Federal Government became with that Clause!

Conrad_73's photo
Wed 07/27/16 08:34 AM
Edited by Conrad_73 on Wed 07/27/16 08:38 AM

There's never been such a thing as a Free Market of the ideal kind that you Free Market proponents like to pretend is so wonderful.

And no, that's not because "Democrats messed it up," it's because every time a so-called "free market" has come about, and continued to exist for more than a few minutes, the MARKETERS immediately began to manipulate and distort it.

Truly free market, means no protection at all from defective products, from poisons being dumped into your drinking water, from criminal gangs intercepting your company's shipments of product, or from competitors manipulating prices to destroy small business competitors.

It means no restraint of false advertising, no way to prevent your competitors from bribing lending institutions to prevent them from allowing you to get the needed cash to fund your business.

People who go about fantasizing about how wonderful a real Free Market Economy is, are just like the people who fantasize about how wonderful Anarchy is. Every single one of them assumes that they would have 100% of the benefits of a regulated market that they have right now, just without any requirements for THEM to behave themselves thoughtfully.




yeah,right!laugh laugh laugh
You really mean to tell us that all Criminal Behavior would go unpunished in a Free Market?
Would actually be Legal?laugh

msharmony's photo
Wed 07/27/16 11:09 AM





Every employer who pays taxes is required to pay at least the minimum wage o their workers of the state they are conducting business in.

Do you think companies (like mine) just eat the cost increase.. no.. it gets added to the "landed cost" of whatever it is that we are selling.. thus the consumer pays for it.

And do you think companies will increase hiring of new employees at the increased minimum wage?..it may happen in a few "niche" markets, but as a whole... no they won't.



quite simply put,, I think people will pay for the value of what they want

period


Well, they haven't shown that so far.

People will continue to shop at Wal Mart type stores and Wal Mart, Target, ect type stores will continue to squeeze vendors even harder.. meaning lower prices and more jobs... offshore... not here in the US.

Fact is, people claim they will pay higher prices.. ( to offset items such as minimum wage increases) until they get to the cash register.. then they forget all about that stuff.

And I would know, because I brought in over 67,000 40'containers of product last year.. to the U.S.( on the same track this year too). Why.. simple.. because Americans do not want to pay the higher cost of product made here. And LABOR is the leader of these costs.

(BTW some of the stuff I make is most likely in your house..Lol)

I wish they would.. I would love to have the factories here.. not there. But the entire mindset of " great value" has to change before that happens.

See ya at Wal Mart :)









I go to Walmart not expecting a QUALITY product,, because the prices are too low

these are products I am going to replace often and therefore don't require that quality

If I spent ten times,, Id expect ten times the QUALITY


Yes.. yes.. I'm sure you would.

I make quality stuff too. ( along while the cheap s***) I am Held to very strict rules regarding quality. My products are tested in labs that would rival the FBI.. and God forbid they fail.

But fact is they are not made in the U.S. So, take another look at the sticker on the bottom of that quality item you have.

Made in America is a niche market.. very small. Why, most of the stuff sold in the gift shops of U.S. museums and other national sites in Washington.. were made in Asia. until somebody complained about it.

And who made it soo small... we all did.. and continue to. Why?.. like I said.. we don't want to spend a lot of money.

And who assisted in this.. The Government.. with that joke they call NAFTA

Do you want to hear another fact.. Those vassals you see LEAVING the U.S. docks loaded to the top with containers... Guess what, 90% of those containers... are empty. The are being rotated back... to Asia.. to be filled with yet more stuff.. made by Asian workers.

Want to right the ship.... start buying AMERICAN products...you buy, I'll build the factories.. how's that sound.








sounds like only buying products that are only made by black people


irrational and illogical


make quality and you can charge for quality,, in a global world wide web commerce society,, it cant be easy to compete,, but people will pay for quality

IgorFrankensteen's photo
Wed 07/27/16 12:03 PM


There's never been such a thing as a Free Market of the ideal kind that you Free Market proponents like to pretend is so wonderful.

And no, that's not because "Democrats messed it up," it's because every time a so-called "free market" has come about, and continued to exist for more than a few minutes, the MARKETERS immediately began to manipulate and distort it.

Truly free market, means no protection at all from defective products, from poisons being dumped into your drinking water, from criminal gangs intercepting your company's shipments of product, or from competitors manipulating prices to destroy small business competitors.

It means no restraint of false advertising, no way to prevent your competitors from bribing lending institutions to prevent them from allowing you to get the needed cash to fund your business.

People who go about fantasizing about how wonderful a real Free Market Economy is, are just like the people who fantasize about how wonderful Anarchy is. Every single one of them assumes that they would have 100% of the benefits of a regulated market that they have right now, just without any requirements for THEM to behave themselves thoughtfully.




yeah,right!laugh laugh laugh
You really mean to tell us that all Criminal Behavior would go unpunished in a Free Market?
Would actually be Legal?laugh


You specified "FREE MARKET." Free Market means no rules. It doesn't mean "Some rules, the ones I like, but none of the rules I don't like."

That's what REGULATIONS are. They are RULES. Laws.

So make up your mind. Are you a Republican, who according to their platform DO support a regulated economy, or are you a Free Market supporter?

They are entirely different things.

Serchin4MyRedWine's photo
Wed 07/27/16 12:22 PM



There's never been such a thing as a Free Market of the ideal kind that you Free Market proponents like to pretend is so wonderful.

And no, that's not because "Democrats messed it up," it's because every time a so-called "free market" has come about, and continued to exist for more than a few minutes, the MARKETERS immediately began to manipulate and distort it.

Truly free market, means no protection at all from defective products, from poisons being dumped into your drinking water, from criminal gangs intercepting your company's shipments of product, or from competitors manipulating prices to destroy small business competitors.

It means no restraint of false advertising, no way to prevent your competitors from bribing lending institutions to prevent them from allowing you to get the needed cash to fund your business.

People who go about fantasizing about how wonderful a real Free Market Economy is, are just like the people who fantasize about how wonderful Anarchy is. Every single one of them assumes that they would have 100% of the benefits of a regulated market that they have right now, just without any requirements for THEM to behave themselves thoughtfully.




yeah,right!laugh laugh laugh
You really mean to tell us that all Criminal Behavior would go unpunished in a Free Market?
Would actually be Legal?laugh


You specified "FREE MARKET." Free Market means no rules. It doesn't mean "Some rules, the ones I like, but none of the rules I don't like."

That's what REGULATIONS are. They are RULES. Laws.

So make up your mind. Are you a Republican, who according to their platform DO support a regulated economy, or are you a Free Market supporter?

They are entirely different things.

Free Market does not mean there are no rules as you suggest.
As long as these "rules" are between the two parties and are part of their "bargaining" it is still free trade.
Outside intervention or "regulations" forced upon the parties is not free trade.

Conrad_73's photo
Wed 07/27/16 01:30 PM



There's never been such a thing as a Free Market of the ideal kind that you Free Market proponents like to pretend is so wonderful.

And no, that's not because "Democrats messed it up," it's because every time a so-called "free market" has come about, and continued to exist for more than a few minutes, the MARKETERS immediately began to manipulate and distort it.

Truly free market, means no protection at all from defective products, from poisons being dumped into your drinking water, from criminal gangs intercepting your company's shipments of product, or from competitors manipulating prices to destroy small business competitors.

It means no restraint of false advertising, no way to prevent your competitors from bribing lending institutions to prevent them from allowing you to get the needed cash to fund your business.

People who go about fantasizing about how wonderful a real Free Market Economy is, are just like the people who fantasize about how wonderful Anarchy is. Every single one of them assumes that they would have 100% of the benefits of a regulated market that they have right now, just without any requirements for THEM to behave themselves thoughtfully.




yeah,right!laugh laugh laugh
You really mean to tell us that all Criminal Behavior would go unpunished in a Free Market?
Would actually be Legal?laugh


You specified "FREE MARKET." Free Market means no rules. It doesn't mean "Some rules, the ones I like, but none of the rules I don't like."

That's what REGULATIONS are. They are RULES. Laws.

So make up your mind. Are you a Republican, who according to their platform DO support a regulated economy, or are you a Free Market supporter?

They are entirely different things.
sheesh,I suggest you do some research,instead of using Wordplays that are meaningless!

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