Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Herman Cain's 9-0-9 Plan
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="wkmac" data-source="post: 892178" data-attributes="member: 2189"><p>Elimination of minimum wage would in fact be good as this is nothing more than a wage floor to support aggregate demand of consumer good surplus to maintain upward price support. It's a means of creating a consumer base for the bosses to purchase excess capacity which naturally would force prices down. It's the only way the big can get bigger and even stay big. Good ole' state intervention!</p><p></p><p> Regardless of the rhetoric, the boss class will never let minimum wage go away because this wage floor helps support inflation and debt on which the boss class is able to sit in the middle and rent seek. No minimum wage and all wages begin to collapse and thus the debt economy we live in. The rich if you will would lose wealth at an accelerating rate and the gov't would collapse as wages dropped so would tax revs. Wealth and resources would then re-balance down to the middle class and to the poor. Think computers where the level of state central planning meddling is at a minimum where over time, technology prices fall and the poor have access at a much more comfortable and affordable pricing level. Take out embedded taxation and state monopoly protections like copyright and IP privileges and those pricing structures collapse even further. Minimum wage is really a sick joke thanks to the 1930's Americanized fascism of FDR that is nothing about helping the poor but in fact lining the pockets of the statist rich. End it and the level of debt couldn't be serviced, the dollar's value would drop like a rock along with public trust and overnight so many in the wealth class who are wealthy on paper would become paupers and the middle class and poor would vastly benefit as labor and creativity instead of paper would become the measure of value. </p><p></p><p>All the talk that the right will kill minimum wage is nothing more than using fear as a political weapon which both sides do to drive voters into the slaughter hous....sorry, voting booth on election day!</p></blockquote><p></p>
[QUOTE="wkmac, post: 892178, member: 2189"] Elimination of minimum wage would in fact be good as this is nothing more than a wage floor to support aggregate demand of consumer good surplus to maintain upward price support. It's a means of creating a consumer base for the bosses to purchase excess capacity which naturally would force prices down. It's the only way the big can get bigger and even stay big. Good ole' state intervention! Regardless of the rhetoric, the boss class will never let minimum wage go away because this wage floor helps support inflation and debt on which the boss class is able to sit in the middle and rent seek. No minimum wage and all wages begin to collapse and thus the debt economy we live in. The rich if you will would lose wealth at an accelerating rate and the gov't would collapse as wages dropped so would tax revs. Wealth and resources would then re-balance down to the middle class and to the poor. Think computers where the level of state central planning meddling is at a minimum where over time, technology prices fall and the poor have access at a much more comfortable and affordable pricing level. Take out embedded taxation and state monopoly protections like copyright and IP privileges and those pricing structures collapse even further. Minimum wage is really a sick joke thanks to the 1930's Americanized fascism of FDR that is nothing about helping the poor but in fact lining the pockets of the statist rich. End it and the level of debt couldn't be serviced, the dollar's value would drop like a rock along with public trust and overnight so many in the wealth class who are wealthy on paper would become paupers and the middle class and poor would vastly benefit as labor and creativity instead of paper would become the measure of value. All the talk that the right will kill minimum wage is nothing more than using fear as a political weapon which both sides do to drive voters into the slaughter hous....sorry, voting booth on election day! [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Herman Cain's 9-0-9 Plan
Top