Huffington Post does study on Minimal Wage being $21.72

[HoloGraphic]

I think the elephant in the room is that the world isn't sustainable for human life in another 100 years. We're past saving ourselves from global warming. I think the 1 percent know this and have engineered the global recession to steal the last remanning wealth the middle class had. Like how is the stock market reaching all time highs and banks are posting record profits just 5 years after causing a recession from shady practices? The moment they find a way to habitat Mars or the Moon they will be out of this bytch.

The true meaning of "the Meek shall inhereit the earth"

But I still have hope for mass human enlightenment. Despite the distractions. It is the evolution of the human spirit through the generations. We will eventually realize that the only way for us to succeed is as a whole, serving the community like our friend neighbourhood dopemans.

There's always hope. We are products of our enviornment. And to a certain extent, we now control our enviornments.

 

[Crakface]

Small businesses would be finished.

 

[Poitier]

Small businesses would be finished.

Not if people spent the increased wage at small businesses. A minimum income still would work better in that regard.

 

[MR. SNIFLES]

As smart as our economists are, we can't just magically make all this balance out? I mean its all numbers right?

Imagine a world where everyone is caking off 20/hr

DON'T GET IT TWISTED. ECONOMISTS KNOW WHAT THE GAME IS. THIS GAME IS NOT MEANT FOR EVERYBODY TO WIN. THE VERY FOUNDATION OF OUR CREDIT DRIVEN SOCIETY IS MEANT TO FAIL. IT'S BASED ON INTEREST. INVISIBLE MONEY IS ALL WE ARE PLAYING WITH. THAT'S WHY OUR DOLLAR IS NO LONGER BACKED BY GOLD. GOLD IS A FINITE RESOURCE. AN INTEREST BASED SOCIETY CANNOT WORK FOR LONG WHEN THE CURRENCY IS BACKED BY A PHYSICAL RESOURCE.

THEY KNOW THAT OUR ECONOMY HAS TO CRUMBLE EVERY NOW AND THEN. THE THING IS THEY KNOW HOW TO CONTROL THE CRUMBLE AND MAKE SURE THEY ARE STILL ON TOP AT THE END. THE THING ABOUT THE PAST ECONOMIC COLLAPSES WAS THAT IT MADE NEW TYc00nS. LOTS OF BIG NAMES LOST MONEY AND NEW PEOPLE FILLED THEIR SHOES AND CREATED LEGACIES. THAT WAS THE ALLURE OF AMERICA THAT MADE US GREAT. YOU COULD COME HERE AND PUT YOUR BID IN AT THE RIGHT TIME AND JACKPOT.

NAME ONE NEW PLAYER ON THE FIELD THAT PROFITED OFF THE COLLAPSE. I'M NOT TALKING ABOUT SMALL TIME MILLIONAIRES. EVERYTHING SHUFFLED BUT ALL THE MAJOR PLAYERS ARE STILL IN THEIR SEATS. THOSE ARE THE TRUE 1%.

 

[Poitier]

DON'T GET IT TWISTED. ECONOMISTS KNOW WHAT THE GAME IS. THIS GAME IS NOT MEANT FOR EVERYBODY TO WIN. THE VERY FOUNDATION OF OUR CREDIT DRIVEN SOCIETY IS MEANT TO FAIL. IT'S BASED ON INTEREST. INVISIBLE MONEY IS ALL WE ARE PLAYING WITH. THAT'S WHY OUR DOLLAR IS NO LONGER BACKED BY GOLD. GOLD IS A FINITE RESOURCE. AN INTEREST BASED SOCIETY CANNOT WORK FOR LONG WHEN THE CURRENCY IS BACKED BY A PHYSICAL RESOURCE.

THEY KNOW THAT OUR ECONOMY HAS TO CRUMBLE EVERY NOW AND THEN. THE THING IS THEY KNOW HOW TO CONTROL THE CRUMBLE AND MAKE SURE THEY ARE STILL ON TOP AT THE END. THE THING ABOUT THE PAST ECONOMIC COLLAPSES WAS THAT IT MADE NEW TYc00nS. LOTS OF BIG NAMES LOST MONEY AND NEW PEOPLE FILLED THEIR SHOES AND CREATED LEGACIES. THAT WAS THE ALLURE OF AMERICA THAT MADE US GREAT. YOU COULD COME HERE AND PUT YOUR BID IN AT THE RIGHT TIME AND JACKPOT.

NAME ONE NEW PLAYER ON THE FIELD THAT PROFITED OFF THE COLLAPSE. I'M NOT TALKING ABOUT SMALL TIME MILLIONAIRES. EVERYTHING SHUFFLED BUT ALL THE MAJOR PLAYERS ARE STILL IN THEIR SEATS. THOSE ARE THE TRUE 1%.

@Hollywood Hogan I wondered where you went

 

[MR. SNIFLES]

@Hollywood Hogan I wondered where you went

IT'S NOT ME BROTHER

 

[Crakface]

Not if people spent the increased wage at small businesses. A minimum income still would work better in that regard.

Yea, lets hope they do that. Businesses cant afford that and the poor would basically cash in and feast on the middle class whether it be through lawsuits or them just opening and quickly closing. The only people able to pay those wages would be the big boys which in turn sends all the money, to them.

 

[Paradime]

@ Seattle it's like 12.50 or something

 

[ahomeplateslugger]

Cost of living is the highest in the state

i have a friend who's a chef for a hotel restaurant out there and he tells me the waiters bring in about 150 a night on a slow night because of travelers and the rich SF residents who are generous tippers, which should still allow for them to live decently in SF. but like someone else said, you can just commute to SF like most people do and save a lot of money.

 

[Black Magisterialness]

this is generational though....i read also on Huff Post that the Millnials take total control of congress between 2025 and 2035, I personally think around then you will see a MASSIVE shift into civics and egalitarianism. The greed of the boomers jaded us all

 

[Uncle Kingpin]

The problem with raising minimum wage is it will only lead to rapid inflation. It wont bring people any closer to escaping poverty because they'll just move the goal. The problem of income inequality cant be solved on the low end. Capitalism is designed to fail, you cannot make exponential increases in profits without eventually collapsing the entire system. We privatize financial gains and socialize financial costs. Banks made money hand over fist and didn't share any money with the american taxpayers, then overextended themselves and said "Oh shyt it's friday, we fukked up our re-up money. Need 800 billion by monday. Or the entire global financial system will collapse."

The solution is pre-planned. Eliminate physical money, make it entirely virtual, where the laws of economics no longer apply. They'll give people a minimum monthly income in exchange for complete control of our lives.

 

[gangreen]

Yall aint shyt without our liteskin Gawd Drizzy Drake

These fukkin Canadians ........




... why don t ya ll just sell us the lower half of Ontario already and bring Toronto where it belongs in the U.S. ,

Y all know that city is too hip for y all cornballs

 

[Uncle Kingpin]

We're about to repeat History, the stock market is as illogical and not based on reality as it was in 1929

 

[Poitier]

We're about to repeat History, the stock market is as illogical and not based on reality as it was in 1929

The Stock Market has always been a get rich quick scheme.

 

[Uncle Kingpin]

The Stock Market has always been a get rich quick scheme.

I used to think that, but an old head in my investment club broke it down to me. He's got long money (8 digit net worth) and been involved in stocktrading since the 60's. In general, what companies did on main street today was directly correlated with what was going to happen on wall street tomorrow. He said the stock market made sense to him until 2004-2007, thats when the fundamentals no longer applied. Stocks went up if they lost money, made money, etc and became arbitrary. He pulled out the market and lost nothing in 2008. He's divesting again as we speak, not because he's losing money but because it doesnt make sense, and for good this time.