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the_shootist

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Goldhedge

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Ensoniq

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Anti capitalism, Marxist propaganda
-To be stolen something must be first owned
-Hourly compensation is entered voluntarily
-Productivity increases come principally from fixed cost investment (by the owner not the worker)
-The risk taker deserves the profit
-Any of us can be the risk taker
 

Buck

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Anti capitalism, Marxist propaganda
-To be stolen something must be first owned
-Hourly compensation is entered voluntarily
-Productivity increases come principally from fixed cost investment (by the owner not the worker)
-The risk taker deserves the profit
-Any of us can be the risk taker
but no one can argue, payroll hasn't kept up with monetary inflation, the value of the fiat going home with the employee has decreased in value over the last three / four decades by at least 30%

what's happened to the business' over that period of time? they've mostly all grown into monopolies

meme's won't solve problems, leaders not talking about real dilemmas will not solve problems, and the corporations are not interested in us at all, "get your asses back to work" some will say...
 

WillA2

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Anti capitalism, Marxist propaganda
-To be stolen something must be first owned
-Hourly compensation is entered voluntarily
-Productivity increases come principally from fixed cost investment (by the owner not the worker)
-The risk taker deserves the profit
-Any of us can be the risk taker

I think that graph has more to do with bankers manipulation than minimum wage. The wage rate is increased to hide their theft.
 

Densus

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Densus

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Goldhedge

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Uglytruth

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TRYNEIN

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TRYNEIN

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TRYNEIN

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TRYNEIN

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TRYNEIN

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TRYNEIN

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WillA2

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Son of Gloin

Certainty of death? What are we waiting for?
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I think the "hatred" status of Tennessee & Indiana are basketball related.
:don't    know2:
Yep, same with Ohio and Michigan. We’ve got nothing else against Michigan.
 

Uglytruth

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but no one can argue, payroll hasn't kept up with monetary inflation, the value of the fiat going home with the employee has decreased in value over the last three / four decades by at least 30%
Thereby sinking the "middle class" into the working class. If they get $15 hr why not $20 or $30 or $50?
It's not raising up the bottom, it's pulling the middle down and destroying everything. Lets face it a lot of us could not afford our homes in todays market with good paying jobs let alone $15 hr jobs. That is where there will be housing deflation as it's not what it's worth it's what someone can afford to pay. The young are saying why try. Are they wrong?

First through inflation then through deflation................



I ran across this posted as a comment on ZH.

duck_fur

7 hours ago link

Well - and call me crazy and OK Boomer - but if one doesn't like their current situation, they could, I suppose, like, go back to school, develop a trade, or do something else to get them to the next level of income.

People whining that it's impossible to get ahead even in our broken society need to get a friggin' clue, get off their arse, and change their situation. Pitching and moaning about the labor market sounds like a bunch of joggers complaining about Whitey keeping them down.

play_arrow4play_arrow2



Connor Mugmeddin

7 hours ago

But things are different today, it's not 30 years ago. The whole system is tapped out due to the wealth transfers, and wealth inequality. People aren't bitching and moaning about the labor situation today; they are saying "What is the point", which is different. They are opting out of the entire system because there is no reward. What is the point. I don't hear many economists address this. They just brush it off by not counting people in the BLS stats.
 

Goldhedge

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I'd work today for $2/hr public money.
 

Goldhedge

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Facebook‘s New Extremism Warning! (For Your Protection)​

 

Ensoniq

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Thereby sinking the "middle class" into the working class. If they get $15 hr why not $20 or $30 or $50?
It's not raising up the bottom, it's pulling the middle down and destroying everything. Lets face it a lot of us could not afford our homes in todays market with good paying jobs let alone $15 hr jobs. That is where there will be housing deflation as it's not what it's worth it's what someone can afford to pay. The young are saying why try. Are they wrong?

First through inflation then through deflation................



I ran across this posted as a comment on ZH.

duck_fur

7 hours ago link

Well - and call me crazy and OK Boomer - but if one doesn't like their current situation, they could, I suppose, like, go back to school, develop a trade, or do something else to get them to the next level of income.

People whining that it's impossible to get ahead even in our broken society need to get a friggin' clue, get off their arse, and change their situation. Pitching and moaning about the labor market sounds like a bunch of joggers complaining about Whitey keeping them down.

play_arrow4play_arrow2



Connor Mugmeddin

7 hours ago

But things are different today, it's not 30 years ago. The whole system is tapped out due to the wealth transfers, and wealth inequality. People aren't bitching and moaning about the labor situation today; they are saying "What is the point", which is different. They are opting out of the entire system because there is no reward. What is the point. I don't hear many economists address this. They just brush it off by not counting people in the BLS stats.

That second comment made possible by the cradle to grave welfare state. What would mr “what’s the point” do, if we weren’t feeding him
 

Goldhedge

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Goldhedge

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dacrunch

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