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Re: goatse is now ILLEGAL in the US! [message #209993 is a reply to message #209989]

Thu, 27 July 2006 08:46

cheesesoda
Messages: 6507
Registered: March 2003
Location: Jackson, Michigan

Karma:

General (5 Stars)

krayons wrote on Thu, 27 July 2006 11:31

A little while ago a minimum wage bill that would've increased minimum wage from $5.15 an hour to $7.25 an hour was denied by the senate, and they claim that it would be too big of an increase and many people would lose their jobs... Well, The Senate has rejected 11 attempts to raise the minimum wage since 1998.

(Alot of people that are poor and are already in debt, can't raise a friggin family on 5 to 6 dollars an hour)

You're 16, and you have no knowledge of even basic economic processes. That's to be expected, though.

See, minimum wage sounds good, but looking beyond the short term benefits, you'll see nothing but negative.

Think about this: You're a company. You've maximized profits and production. All of a sudden, you're now being forced to pay your workers even more money per hour. This greatly affects your profits. In order to keep profits up and keep from having a deficit, you're now going to have to charge more money per good/service because now it costs more to produce that good/service (thanks to higher wages being paid out).

Imagine this happening to ALL companies (which it would). Prices for everything have now jumped. What good has raising minimum wages done? It just forced prices to jump, and now we're back to status quo.

Not only does that just cancel out the raising of minimum wage, but now it weakens our currency. Instead of taking $.50 to purchase a candy bar, it now costs $.75. Where $1 used to buy you 2 candy bars, it can now only buy you 1. Therefore, the value of a dollar has decreased. This hurts us with trade. The USD is weaker than the GBP and the EUR.

What good has minimum wage ultimately done? Sure, it gives people a short-term advantage of being able to buy/save more, but what happens down the road?

whoa.

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[Message index]

		goatse is now ILLEGAL in the US! By: Blazer on Wed, 26 July 2006 19:49
		Re: goatse is now ILLEGAL in the US! By: Aprime on Wed, 26 July 2006 19:53
		Re: goatse is now ILLEGAL in the US! By: z310 on Wed, 26 July 2006 20:56
		Re: goatse is now ILLEGAL in the US! By: Sniper_De7 on Thu, 27 July 2006 04:03
		Re: goatse is now ILLEGAL in the US! By: bigejoe14 on Wed, 26 July 2006 21:31
		Re: goatse is now ILLEGAL in the US! By: xptek on Wed, 26 July 2006 22:02
		Re: goatse is now ILLEGAL in the US! By: Viking on Wed, 26 July 2006 22:24
		Re: goatse is now ILLEGAL in the US! By: light on Thu, 27 July 2006 02:27
		Re: goatse is now ILLEGAL in the US! By: Jecht on Thu, 27 July 2006 02:35
		Re: goatse is now ILLEGAL in the US! By: PaRaDoX on Thu, 27 July 2006 05:06
		Re: goatse is now ILLEGAL in the US! By: Ma1kel on Thu, 27 July 2006 06:05
		Re: goatse is now ILLEGAL in the US! By: z310 on Thu, 27 July 2006 07:21
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 07:33
		Re: goatse is now ILLEGAL in the US! By: PaRaDoX on Thu, 27 July 2006 15:49
		Re: goatse is now ILLEGAL in the US! By: DarkDemin on Thu, 27 July 2006 17:17
		Re: goatse is now ILLEGAL in the US! By: Mad Ivan on Thu, 27 July 2006 20:02
		Re: goatse is now ILLEGAL in the US! By: Kanezor on Fri, 28 July 2006 17:01
		Re: goatse is now ILLEGAL in the US! By: YSLMuffins on Thu, 27 July 2006 07:53
		Re: goatse is now ILLEGAL in the US! By: Aircraftkiller on Thu, 27 July 2006 08:27
		Re: goatse is now ILLEGAL in the US! By: krayons on Thu, 27 July 2006 08:31
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 08:46
		Re: goatse is now ILLEGAL in the US! By: PackHunter on Thu, 27 July 2006 09:36
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 09:44
		Re: goatse is now ILLEGAL in the US! By: PackHunter on Thu, 27 July 2006 11:58
		Re: goatse is now ILLEGAL in the US! By: Aircraftkiller on Thu, 27 July 2006 08:44
		Re: goatse is now ILLEGAL in the US! By: xptek on Thu, 27 July 2006 09:06
		Re: goatse is now ILLEGAL in the US! By: Dave Anderson on Thu, 27 July 2006 08:55
		Re: goatse is now ILLEGAL in the US! By: DarkDemin on Thu, 27 July 2006 09:09
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 09:09
		Re: goatse is now ILLEGAL in the US! By: warranto on Thu, 27 July 2006 12:26
		Re: goatse is now ILLEGAL in the US! By: MexPirate on Thu, 27 July 2006 12:51
		Re: goatse is now ILLEGAL in the US! By: warranto on Thu, 27 July 2006 13:23
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 14:44
		Re: goatse is now ILLEGAL in the US! By: Ma1kel on Thu, 27 July 2006 12:40
		Re: goatse is now ILLEGAL in the US! By: PackHunter on Thu, 27 July 2006 12:46
		Re: goatse is now ILLEGAL in the US! By: Aircraftkiller on Thu, 27 July 2006 13:18
		Re: goatse is now ILLEGAL in the US! By: MexPirate on Fri, 28 July 2006 06:24
		Re: goatse is now ILLEGAL in the US! By: krayons on Thu, 27 July 2006 14:38
		Re: goatse is now ILLEGAL in the US! By: Aprime on Thu, 27 July 2006 15:14
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 16:24
		Re: goatse is now ILLEGAL in the US! By: Kanezor on Thu, 27 July 2006 15:22
		Re: goatse is now ILLEGAL in the US! By: Doitle on Thu, 27 July 2006 15:59
		Re: goatse is now ILLEGAL in the US! By: cheesesoda on Thu, 27 July 2006 17:27
		Re: goatse is now ILLEGAL in the US! By: DarkDemin on Thu, 27 July 2006 17:49
		Re: goatse is now ILLEGAL in the US! By: Dover on Thu, 27 July 2006 22:55
		Re: goatse is now ILLEGAL in the US! By: Aircraftkiller on Fri, 28 July 2006 10:25
		Re: goatse is now ILLEGAL in the US! By: MexPirate on Fri, 28 July 2006 10:48
		Re: goatse is now ILLEGAL in the US! By: DarkDemin on Fri, 28 July 2006 11:31
		Re: goatse is now ILLEGAL in the US! By: Kanezor on Fri, 28 July 2006 17:20
		Re: goatse is now ILLEGAL in the US! By: CarrierII on Sun, 30 July 2006 16:31
		Re: goatse is now ILLEGAL in the US! By: Berkut on Sun, 30 July 2006 16:43
		Re: goatse is now ILLEGAL in the US! By: cmatt42 on Sun, 30 July 2006 18:44
		Re: goatse is now ILLEGAL in the US! By: z310 on Sun, 30 July 2006 22:28
		Re: goatse is now ILLEGAL in the US! By: Berkut on Mon, 31 July 2006 08:46
		Re: goatse is now ILLEGAL in the US! By: Dave Anderson on Sun, 30 July 2006 18:51

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