The Logic of Robert Reich

[Nat Algren]

"Even if a $15 an hour minimum wage risks job losses, it is still the right thing to do. "

I thought the idea was to help people.

http://robertreich.org/post/131476708345

 

[TexMichFan]

This works - the ones making $15 an hour will spend more creating more taxes to pay for those who lose their jobs.

 

[Nat Algren]

And the vicious cycle continues.

 

[NoleSoup4U]

This works - the ones making $15 an hour will spend more creating more taxes to pay for those who lose their jobs.

Sure they'll spend more, but will they get more? More money does not necessarily equate to more purchasing power.

 

[Torg]

"Even if a $15 an hour minimum wage risks job losses, it is still the right thing to do. "

I thought the idea was to help people.

http://robertreich.org/post/131476708345

You have finally convinced me, it is way better to keep millions of people below the poverty line instead of lifting some above it at the expense of a very few.

.

 

[iammrhawkeyes]

RR is pure comedy gold. Here's a blast from the past.

 

[TexMichFan]

Sure they'll spend more, but will they get more? More money does not necessarily equate to more purchasing power.

Does not matter when looking at how much taxes are collected.

 

[NoleSoup4U]

Does not matter when looking at how much taxes are collected.

It matters to the person getting paid and the people without a job.

 

[TexMichFan]

It matters to the person getting paid and the people without a job.

Correct but not to the my point on the tax money.

 

[NoleSoup4U]

Correct but not to the my point on the tax money.

Honestly, it isn't going to make much of a difference in taxes either, since you're already taxing people through inflation.

 

[Nat Algren]

You have finally convinced me, it is way better to keep millions of people below the poverty line instead of lifting some above it at the expense of a very few.

.

A mandated higher minimum wage is an unemployment bill. It makes a criminal out of people who are willing to work for less. Ahhh, freedom.

 

[Nat Algren]

Honestly, it isn't going to make much of a difference in taxes either, since you're already taxing people through inflation.

You just lost all of your liberal audience went you went with the inflation route. They have no idea purchasing power is ripped right out from under their noses with that insidious tax.

 

[LuteHawk]

Sorry, I thought this thread was about the length of
Robert Reich. He stands 4' 11" and has lived on
this earth for 69 years.

 

[strummingram]

You just lost all of your liberal audience went you went with the inflation route. They have no idea purchasing power is ripped right out from under their noses with that insidious tax.

They really don't. There's an ocean of information on how money is manipulated, currency debased, and markets artificially propped-up... but, they love it. They think the Federal Reserve is essential for balance. It's the source of the crime every time.

 

[NoleSoup4U]

Sorry, I thought this thread was about the length of
Robert Reich. He stands 4' 11" and has lived on
this earth for 69 years.

 

[The Tradition]

Reich is a ridiculous toolbag. That is all.