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Originally Posted by Gadfly And when the minimum wage is raised, it reaches a level that the companies cannot or WILL not pay, so the job they person MIGHT have had does not even EXIST. |
So they operate their company without employees? How does that work? They already have only hired just enough to run the company. They are not stupid and not a charity. They don't hire employees and take on that expense just becuase they can get them cheap. They hire what they need, and that's it. If the law puts a floor under what the lowest wage can be, than that is what the job is worth. The market place adjusts to meet the new cost. And wages go up accrossed the board, because the floor is now higher. Wages rose in America from the 1940s until the 1980s (when we had min wage laws); every generation doing better than their parents. Without those laws, the wage floor moves down continuely, each generation doing worse than their parents, slideing futher into provety, and labor getting cheaper and cheaper till it reaches sustinence level. This is the third world. Adn I'll be damed want America to look like Quatemala.
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Social Security a negative return on investment that needs a massive overall.
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Social Security is not an investment. It never was; and hopefully never will be. Current working people pay in to cover the cost of current people who can't work.
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Because you CAN'T, and never will, make "rich" people pay taxes in any significant amount.
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What are you smokin? Of course they can be made to pay taxes -- if the govnmt has the will to make them.
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They move the wealth where it can't be touched.
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Not if it's illegal to do so. Govnmt doesnt make corps play by the rules, because the corps own the govmnt -- and the talk media you listen to.
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Taxes do NOT create jobs; they stifle them.
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Lower taxes on the middle/working class creates jobs, because the huge middle/working class than has more money to go out and spend, which creates business opertunities. When people buy a lot of washing machines, the washing machine company (hopefully in america) has to hire more people. Lower taxes on the small wealthy class jsut means more money to gamble with on wall street and inflation in luxury goods and Aspen, CO real estate.
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Those rich people have the wherewithal to keep their money OUT of the hands of gov't, the clout to do it!
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I say we take that clout away from them, and put some clout into the hands of working people. That is better for both the rich and the poor.