Michele Bachmann

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Comments

  • inlet13
    inlet13 Posts: 1,979
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  • inlet13 wrote:
    inlet13 wrote:
    I don't like to get into this, because it's not relevant at all.... but, since you went there... I have a PhD in economics, so I didn't stop at econ 101, I teach it.


    Well good. Maybe you can point to some prosperous countries with no minimum wage and no social safety net?

    I mean, I just direct porn movies, so I apparently don't know of this Utopian economic powerhouse.


    Singapore. No minimum wage and real GDP growth in the double digits.

    Ok... And tell us about the country. What is the standard of living there?

    Like... Do they have a small upper class and massive class of extreme poverty?

    Do they have socialized medicine?
  • http://www.cnbc.com/id/42891768/Singapo ... oor_Divide

    Hm... This doesn't paint a very nice picture of the "rich get a whole lot richer and the poor get thrown away like garbage" economy over there.

    They also flog people in the streets for chewing bubble gum and littering.

    Just saying.
  • inlet13
    inlet13 Posts: 1,979

    Ok... And tell us about the country. What is the standard of living there?

    Like... Do they have a small upper class and massive class of extreme poverty?

    Do they have socialized medicine?


    haha... I'm not being paid to research for you. Look it up. What I know off-hand is that they are a developed country, one of the fastest growing in the world, that does not have a minimum wage and has an unemployment rate that's roughly 2%.

    I'm not saying Singapore is the be-all-end-all. You asked for a successful country (economically) that does not have a min. wage, and I showed you one.
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  • inlet13
    inlet13 Posts: 1,979
    http://www.cnbc.com/id/42891768/Singapore_s_Fast_Growth_Creating_Rich_Poor_Divide

    Hm... This doesn't paint a very nice picture of the "rich get a whole lot richer and the poor get thrown away like garbage" economy over there.

    They also flog people in the streets for chewing bubble gum and littering.

    Just saying.


    Said it before, if everyone in an economy's incomes go up 10%. The gap between the rich and the poor grows. Yet, everyone's better off.
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  • Smellyman
    Smellyman Asia Posts: 4,528
    inlet13 wrote:
    inlet13 wrote:
    I don't like to get into this, because it's not relevant at all.... but, since you went there... I have a PhD in economics, so I didn't stop at econ 101, I teach it.


    Well good. Maybe you can point to some prosperous countries with no minimum wage and no social safety net?

    I mean, I just direct porn movies, so I apparently don't know of this Utopian economic powerhouse.


    Singapore. No minimum wage and real GDP growth in the double digits.

    Singapore has huge government housing programs so insure no homeless and welfare programs. They also rule with no trial by jury, have a population of only 5 million and a land area that it TINY.

    Please never compare a country the size of Seattle to the US.

    apples to orangoutangs.
  • inlet13
    inlet13 Posts: 1,979
    Smellyman wrote:

    Singapore has huge government housing programs so insure no homeless and welfare programs. They also rule with no trial by jury, have a population of only 5 million and a land area that it TINY.

    Please never compare a country the size of Seattle to the US.

    apples to orangoutangs.

    Please read things in context before you jump in. I was asked for an example of a country that is relatively successful economically and has no minimum wage. I did as asked.

    I never said that it is a good country to compare to the U.S. In fact, I can't think of a country that could easily be compared to the U.S. at all.
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  • Byrnzie
    Byrnzie Posts: 21,037
    Godfather. wrote:
    Byrnzie wrote:
    inlet13 wrote:
    I find it funny that the left hates her so much.

    It has nothing to do with hate.

    The woman's a dangerous idiot, and if she, or someone like her, ever gets elected President, then the whole world will be fucked.

    ha ha ha I'm not arguing with you Byenzie you could very well be spot on the money but I gotta tell ya man
    a bunch of people said the same thing about obama. :lol:

    Godfather.

    No they didn't. Nobody said Obama was a dangerous idiot.
  • inlet13 wrote:
    I received pay "under the table" as a dishwasher when I was 14. The money was nice to have. If my employer paid the minimum wage, I wouldn't have had that money or a job.

    We don't have to maintain anything. OUr economy is in shambles. There's millions of people sucking on a government teet that is borrowing it's milk (money if you didn't get the analogy) from chinese and other foreign cows.

    People would work for money if they "want" to. Stop telling people what they will and won't do. Let them decide. If the minimum wage disappeared and no one would work for $4 hour... then guess what, the employer would probably decide to pay $5/hour... or maybe $6.... maybe they would keep boosting it up until they got someone who was willing to work for that wage. Let the markets decide. People lined up in thousands for jobs at McDonalds recently. People want jobs. Allow business to give them jobs, and stop the government from getting in the way.

    The government is the most inefficient source of anything. They ruin everything. I favor Republicans because I realize how bad the government f's things up. Including the Republicans, they are a horrid, horrid body of liars, power-hungry douche bags. That's why I favor minimizing government. Unfortunately, in our two party system, the only party that has any hope of doing that economically is Republicans.

    actually, I think you have it backwards. a minimum wage was established to make sure the poor were not taken advantage of, as in "guy #1 will work for less than guy #2, so I'm going to hire guy #1". the wages would get LOWER, not higher, because there's always going to be someone who will do it for less, which is dangerous.
    Gimli 1993
    Fargo 2003
    Winnipeg 2005
    Winnipeg 2011
    St. Paul 2014
  • inlet13
    inlet13 Posts: 1,979
    inlet13 wrote:
    I received pay "under the table" as a dishwasher when I was 14. The money was nice to have. If my employer paid the minimum wage, I wouldn't have had that money or a job.

    We don't have to maintain anything. OUr economy is in shambles. There's millions of people sucking on a government teet that is borrowing it's milk (money if you didn't get the analogy) from chinese and other foreign cows.

    People would work for money if they "want" to. Stop telling people what they will and won't do. Let them decide. If the minimum wage disappeared and no one would work for $4 hour... then guess what, the employer would probably decide to pay $5/hour... or maybe $6.... maybe they would keep boosting it up until they got someone who was willing to work for that wage. Let the markets decide. People lined up in thousands for jobs at McDonalds recently. People want jobs. Allow business to give them jobs, and stop the government from getting in the way.

    The government is the most inefficient source of anything. They ruin everything. I favor Republicans because I realize how bad the government f's things up. Including the Republicans, they are a horrid, horrid body of liars, power-hungry douche bags. That's why I favor minimizing government. Unfortunately, in our two party system, the only party that has any hope of doing that economically is Republicans.

    actually, I think you have it backwards. a minimum wage was established to make sure the poor were not taken advantage of, as in "guy #1 will work for less than guy #2, so I'm going to hire guy #1". the wages would get LOWER, not higher, because there's always going to be someone who will do it for less, which is dangerous.


    Nah, I don't have it backwards. In our society, a U.S. citizen would not need to work for $5/hour if they don't want to. No one can force someone into work, that's called slavery.

    In your example, guy #2 should move on to find a job that's compatible with what he thinks he deserves. He could go to company #2 and get more than guy #1... that is, if he's actually worth it. If guy #2 is really good at what he does, company #3 may then try to steal him away for even more money. Markets work. Government doesn't.

    Bottom line: the minimum wage causes unemployment, and does so at the expense of people who would be willing to work for that amount --- hence, the poor. It's 100% regressive in nature. Once again, no one can force someone to work. A person chooses to take a job. If they take a job for $5/hour, they make that choice. Because the government intervenes and thinks it knows what people want, it creates unemployment.
    Here's a new demo called "in the fire":

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  • brandon10
    brandon10 Posts: 1,114
    I can't understand how anyone could vote for this moron?!

    http://www.youtube.com/watch?v=nP4hYkfw ... re=related
  • inlet13 wrote:
    Please read things in context before you jump in. I was asked for an example of a country that is relatively successful economically and has no minimum wage. I did as asked.


    What I asked for was "Maybe you can point to some prosperous countries with no minimum wage and no social safety net."

    And clearly Singapore has a social safety net. A lot better than ours. But our economy could NEVER survive having no minimum wage. I'd expect someone who claims to have a PhD in economics would know that.
  • brandon10 wrote:
    I can't understand how anyone could vote for this moron?!

    http://www.youtube.com/watch?v=nP4hYkfw ... re=related


    Ok, first... what the fuck is she talking about?

    Second... did she just say that France is being taken over by Muslim Catholics?

    And this is who the Tea Party wants to lead our country.
  • inlet13
    inlet13 Posts: 1,979
    brandon10 wrote:
    this moron?!

    And the name calling continues... congrats. Name calling, especially regarding intelligence, obviously proves you're smart.
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  • inlet13
    inlet13 Posts: 1,979
    But our economy could NEVER survive having no minimum wage. I'd expect someone who claims to have a PhD in economics would know that.


    Yes, our economy could easily survive having a minimum wage. Seriously, please... you're embarrassing yourself now.

    If you don't agree with abolishing the minimum wage, that's fine. But, to say our economy wouldn't survive without it is seriously a factually incorrect statement. Even your liberal friends will disagree with you there. Seriously, try to get some support on that issue.
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  • Go Beavers
    Go Beavers Posts: 9,618
    inlet13 wrote:
    Go Beavers wrote:
    Although the general public may not know the word Keynesian, they aren't dumb. We will be Greece, if we're not careful. We need to stop spending and this President came in and immediately setup another entitlement, when we can't afford the ones we have.

    If you owed money on your credit card, you wouldn't be saying "let's bring in more money, that will solve the problem." Because there's no guarantee you can. Instead a rational person would say, "I need to stop spending on my credit card until it becomes manageable." The average voter has had to cut back, they understand this. The government does not. Democrats will lose on the economy for this reason and the fact that close to 20% of our population is out of work.

    The whole "America's economy is just like Greece's" was started over a year ago by certain conservative media outlets (again, you may have thought it up on your own, though). You say that you have knowledge of the economy, then you should know this is an attempt to manipulate through fear. To say the U.S. economy is like Greece's is avoiding looking at other economic factors between the two.


    It's not an attempt to manipulate through fear. Just like Greece, our national debt is a serious problem that won't just go away. Greece is an example of what could happen, but if it happened here it would be way, way worse. We can't get bailed out. We're too big.

    Spain, Portugal and Ireland are also being compared to Greece, so is that wrong? I don't think so. The problem is debt. Greece is an example of a country that got screwed by their debt problem.

    So when a republican president is a deficit spender, we're an economic powerhouse and one of the richest nations in the world, but a dem does it and now were just like Greece?
  • inlet13 wrote:

    Nah, I don't have it backwards. In our society, a U.S. citizen would not need to work for $5/hour if they don't want to. No one can force someone into work, that's called slavery.

    In your example, guy #2 should move on to find a job that's compatible with what he thinks he deserves. He could go to company #2 and get more than guy #1... that is, if he's actually worth it. If guy #2 is really good at what he does, company #3 may then try to steal him away for even more money. Markets work. Government doesn't.

    Bottom line: the minimum wage causes unemployment, and does so at the expense of people who would be willing to work for that amount --- hence, the poor. It's 100% regressive in nature. Once again, no one can force someone to work. A person chooses to take a job. If they take a job for $5/hour, they make that choice. Because the government intervenes and thinks it knows what people want, it creates unemployment.

    haha, we're talking about minimum wage and it sounds like you are talking about accountants choosing which corporation they work for. we're talking about poor people who have no CHOICE but to work in any capacity that they can, and if that means cleaning up horseshit for $20 per day, then they'll do it. there's always a class of people willing to do it, unfortunately. that's the nature of a free market society.

    minimum wage is there to PROTECT the citizens that don't have the training or the wherewithal to get a decent paying job without getting raped by some unscrupulous employer.
    Gimli 1993
    Fargo 2003
    Winnipeg 2005
    Winnipeg 2011
    St. Paul 2014
  • inlet13 wrote:
    Yes, our economy could easily survive having a minimum wage. Seriously, please... you're embarrassing yourself now.

    Um... we DO have a minimum wage.

    I thought you had a degree in economics.
  • Go Beavers wrote:
    So when a republican president is a deficit spender, we're an economic powerhouse and one of the richest nations in the world, but a dem does it and now were just like Greece?


    Not unlike their stance on the sanctity of marriage... do as they say... NEVER as they do.
  • brandon10
    brandon10 Posts: 1,114
    inlet13 wrote:
    brandon10 wrote:
    this moron?!

    And the name calling continues... congrats. Name calling, especially regarding intelligence, obviously proves you're smart.


    If she was a duck, I'd call her a duck. But she's not a duck. She is a moron. And calling her a moron is an insult to morons. I was being kind when I called her a moron.