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Editorial
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Title: Trump: The Minimum Wage Has to Go Up
Source: Epj
URL Source: http://ww.economicpolicyjournal.com ... minimum-wage-has-to-go-up.html
Published: Jul 29, 2016
Author: .
Post Date: 2016-07-29 10:35:54 by Artisan
Keywords: None
Views: 2331
Comments: 52

Donald Trump displays more economic ignorance.

Minimum wage laws are evil.

If Trump becomes president, I am going to have no problem finding material for EPJ.

Come to think of it, I won't have problems with material if Hillary is president either,

Donnie or Hillary as president won't be good for most of you, but it will be a gift to EPJ.

Poster Comment:

Video of trumps remarks at source

Post Comment   Private Reply   Ignore Thread  

End of Story. Next

"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-29   12:14:41 ET  Reply   Trace   Private Reply  

I watched closely his Minimum Wage week.

$10 an hour; states would go higher. Create more 50-100 hourly jobs for people to get off minimum wage. Yada yada

"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-29   12:16:22 ET  Reply   Trace   Private Reply  

Being against the Wall and for increasing the minimum wage is for Dummies. Being for the Wall means wages will go up automatically.

The Truth of 911 Shall Set You Free From The Lie

Horse  posted on  2016-07-29   12:27:05 ET  Reply   Trace   Private Reply  

With the monetary inflation already in the pipe, $100/hr won't buy anymore than ten does now.

"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-29   12:28:51 ET  Reply   Trace   Private Reply  

Business pays whatever they have to pay to attract the type/quality workers that they need to conduct their business successfully.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-29   12:31:09 ET  Reply   Trace   Private Reply  

I wrote an article about that at my blog.

Having lived thru the Great Depression, I can tell you from experience, employers, those with money, have no concern for those without, be it child or adult.

Cynicom  posted on  2016-07-29   12:35:54 ET  Reply   Trace   Private Reply  

I wonder if the next world reserve currency will be devalued by 50% or more at the Great Reset.

"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning

Rotara  posted on  2016-07-29   12:37:22 ET  Reply   Trace   Private Reply  

Business pays whatever they have to pay to attract the type/quality workers that they need to conduct their business successfully.

History past and present proves that is untrue.

Cynicom  posted on  2016-07-29   12:38:12 ET  Reply   Trace   Private Reply  

Henry Ford tried paying his workers a higher wage.

It brought the wrath of industry down on his head. It is all there in the records. Ford was paying over five dollars a day, making a fortune, then he fell on his own sword.

Henry got greedy, paying five dollars a day and turning out a hundred cars a day, he reverted to the standard mentality of all business owners, speed up the assembly line, pay the same wage, turn out a hundred and ten cars a day.

When the workers dared complain and strike, the strikers were shot and killed.

Labor history in this country is not a nice one.

Cynicom  posted on  2016-07-29   13:00:57 ET  Reply   Trace   Private Reply  

I'm talking about today's reality, not that of a century ago. Believe it or not, things have changed for the better. Workers today are paid what their labor is worth.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-29   13:11:39 ET  Reply   Trace   Private Reply  

I'm talking about today's reality, not that of a century ago.

Really???

Today then.

Locally we have five gas stations, five large international oil companies.

The price of gasoline is exactly the same at all five. They all pay their employees the exact same wage, minimum wage.

We are to believe that if minimum wage were eliminated, there would be a change in gasoline pricing?

If that happened, say a dollar a gallon, would that dollar come from the owner or from the worker????

Cynicom  posted on  2016-07-29   13:34:31 ET  Reply   Trace   Private Reply  

They're being paid what the local market commands; the skills required are lower than a hamburger construction worker. If the workers want higher wages, they should acquire higher skills to make themselves more valuable to an employer, or start a business of their own.

The price of fuel has nothing to do with what the person in a glass box is paid to sell cigarettes, snuff, and lighters. Don't be naive. The price of crap sold could rise, but not the price of fuel.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-29   14:10:21 ET  Reply   Trace   Private Reply  

If minimum wage of $7.20, $10, or $15 was a good thing didn't cause unemployment of those not worth minimum wage to employees then it would be even better to make it $100 per hour.

DWornock  posted on  2016-07-29   16:53:52 ET  Reply   Trace   Private Reply  

The price of fuel has nothing to do with what the person in a glass box is paid to sell cigarettes, snuff, and lighters. Don't be naive. The price of crap sold could rise, but not the price of fuel.

I been accused of being stupid, but naive, never.

No one will answer my question, if the minimum wage law is withdrawn, would wages go up, down or remain the same. Simple question.

There is an example. After WWII, when wage and price controls were withdrawn, wages went down and prices went up.

Industry DEMANDED wage control, when there was no labor to be had. They got it immediately. Been there Lod, human nature is always the same. Sharing the wealth has NEVER been a human characteristic.

Demeaning basic human labor is Ayn Rand thinking and agreement.

Cynicom  posted on  2016-07-30   9:34:51 ET  Reply   Trace   Private Reply  

The market determines what labor is worth, not any artificial "minimum wage." There are restaurants here advertising for beginning workers to earn $12/hour; not very "demeaning" as a starting wage for an unskilled worker.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-30   10:05:01 ET  Reply   Trace   Private Reply  

The market determines what labor is worth, not any artificial "minimum wage."

My question remains, abandon the wage law, wages up, down or remain the same?

With surplus menial laborers, you know the answer as well as I do.

The eugenics laws of the past in this country, reveal the thinking of moneyed people, intellectuals, industry, government, academia etc etc.

Forced sterilization of those below a certain IQ level was the law. Who were the people that brought such laws, Rockefellers, Harrimans, the rest of the elite down to the small business man that had a disdain for the working class.

Very dangerous for future of man when a class of people decide who is inferior, who is not and who deserves life.

Cynicom  posted on  2016-07-30   10:26:19 ET  Reply   Trace   Private Reply  

Industry DEMANDED wage control, when there was no labor to be had. They got it immediately. Been there Lod, human nature is always the same. Sharing the wealth has NEVER been a human characteristic.

================================================

Greed is not respecter of persons, and it possesses and tortures both the rich and the poor.

The rich don't want to lose what they have, don't want to spend a penny of it on anyone else, and usually don't want anyone else (e.g, the poor) to get it either. They will spend large fortunes just protecting their money from someone else getting it. They lay awake in bed at night worrying about who is trying to get their money.

The poor don't want to keep what they have, are always complaining of not having anything, and usually want (covet) what everyone else who is not poor (e.g., the rich) has. They will spend most of their waking hours thinking about what they don't have, and what the rich have instead. They lay awake in bed at night worrying about how they can get more money.

Both have a soul, and both have an eternity to spend the consequences of their life's decisions in.

But for right now, this country, and most of the world is in the same, usual, old cultural clash of the classes where another world war, controlled by the rich (and powerful) will yet again be the victors, at the expense of the powerless, and poor.

Hundreds, instead of tens of millions of people will perish in the next one though.

All driven by greed.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   10:34:57 ET  Reply   Trace   Private Reply  

The rich don't want to lose what they have, don't want to spend a penny of it on anyone else, and usually don't want anyone else (e.g, the poor) to get it either. They will spend large fortunes just protecting their money from someone else getting it. They lay awake in bed at night worrying about who is trying to get their money.

The poor don't want to keep what they have, are always complaining of not having anything, and usually want (covet) what everyone else who is not poor (e.g., the rich) has. They will spend most of their waking hours thinking about what they don't have, and what the rich have instead. They lay awake in bed at night worrying about how they can get more money.

There is a qualifier to that view.

Which class gets to make ALL THE DECISIONS that affect the lives of everyone????????????

When one class worries about an empty stomach, the other worries about sterilizing the other class, there appears a great disparity.

My empty stomach drives me to want food, nothing else. Tell me what drives the upper class to want to eliminate the lower class, through forced eugenics?

We have a minimum wage for the unfit, perhaps we should have a maximum wage?????

Cynicom  posted on  2016-07-30   10:54:15 ET  Reply   Trace   Private Reply  

Which class gets to make ALL THE DECISIONS that affect the lives of everyone????????????

When one class worries about an empty stomach, the other worries about sterilizing the other class, there appears a great disparity.

My empty stomach drives me to want food, nothing else. Tell me what drives the upper class to want to eliminate the lower class, through forced eugenics?

We have a minimum wage for the unfit, perhaps we should have a maximum wage?????

==========================================================

Reflecting on FACT, a poor man has NEVER been the POTUS.

Proving that, at least in America, poverty is a 100% disqualifier from holding high public office and wealth is a 100% mandatory requirement.

And if an 'average' income person runs for a high public office, they CANNOT WIN without the APPROVAL of the (very) wealthy.

Conclusion: Nothing has changed since Cain killed Abel.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   11:09:07 ET  Reply   Trace   Private Reply  

Fact...

The people at the top always get to make the decisions.

When you have time, review the thinking of the people at the top in the days of American eugenics.

From experience. I at the bottom had NO rights, barely a right to life as Rand pontificated.

The thinking of the eugenics movement has never left the American way of thinking. We all tend to look down, hate to look up. Human nature will never change.

Cynicom  posted on  2016-07-30   11:30:36 ET  Reply   Trace   Private Reply  

The people at the top always get to make the decisions.

The people at the bottom always get to make their decisions also.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-30   11:41:49 ET  Reply   Trace   Private Reply  

I rather agree with you.

I do not know upon whose philosophical shoulders this nation will rise or fall economically. The eddy-cated in these matters will argue amongst themselves until they pop a fuse. We do need to put a lid on the vast, inexhaustible greed of the large politcally active corporations and the banking & financial classes that we richly feed in this country of ours.

In any case, at this point in time and as a practical matter, anything Mr. Trump can do to outflank the "democrats" is just fine with me.

All else will pale in memory come January.

It’s All About The Supreme Court

randge  posted on  2016-07-30   11:57:03 ET  Reply   Trace   Private Reply  

The people at the bottom always get to make their decisions also.

Any examples of bottom feeders making decisions affecting anyone else?

Example from the bottom...

I cannot drive a car without a license to do so, laws of restriction come from the top down, in the opposite, wealth flows from the bottom up.

Cynicom  posted on  2016-07-30   12:04:13 ET  Reply   Trace   Private Reply  

randge...

We are at a watershed in the history of this country.

There is an inevitable financial collapse coming. There is but one way to stave off this world ruin, non nuclear war, massive war, ground war, man to man, millions die.

The only alternative, cancel the national debt and watch the world collapse into chaos.

Cynicom  posted on  2016-07-30   12:15:24 ET  Reply   Trace   Private Reply  

cancel the national debt and watch the world collapse into chaos

Do you perhaps mean: "Cancel the national debt OR watch the world collapse into chaos?"

Just trying to parse out your meaning, friend.

It’s All About The Supreme Court

randge  posted on  2016-07-30   12:29:25 ET  Reply   Trace   Private Reply  

No one drives legally without a license.

Wealth flows in both directions, by definition.

Repeat: The people at the bottom always get to make THEIR decisions also.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-30   12:29:28 ET  Reply   Trace   Private Reply  

If we cancel the national debt, the financial world will collapse.

My suspicion is the ruling elite will gamble on a massive land war, most likely in Asia, perhaps the Middle East.

We have to be realistic, not idealistic, man has always fought bloody wars, large and small, endlessly. In my lifetime I have known nothing but war, from my childhood days of the 1930s to the present time.

At the present time we see two people on the American scene, with a lust for power, that they will do anything to achieve that goal, that includes world power. I speak of the Clintons. They are loved and abetted by the ruling elite, worldwide, that is scary.

Side note...In the 1940s, Americans would have approved if FDR declared himself President for life. Think about it.

I been around too long to be naive about anything.

Cynicom  posted on  2016-07-30   12:56:26 ET  Reply   Trace   Private Reply  

I been around too long to be naive about anything.

===========================================

The more things change, the more they stay the same.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   13:16:10 ET  Reply   Trace   Private Reply  

You mentioned FDR.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   13:18:57 ET  Reply   Trace   Private Reply  

No one drives legally without a license.

You have a point. The serfs must beg the STATE for permission to move about.

"Honest, April 15th is the real April Fool's Day".

"The almighty Dollar ain't worth a buck".

"White Lives Matter Most if you're white"

Doug Scheidt

noone222  posted on  2016-07-30   13:26:57 ET  Reply   Trace   Private Reply  

Both peons and princes must petition for license to do that which is otherwise not prohibited. What a monumental scam we endure.

“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken

Lod  posted on  2016-07-30   13:33:50 ET  Reply   Trace   Private Reply  

My suspicion is the ruling elite will gamble on a massive land war, most likely in Asia, perhaps the Middle East.

You do wonder though why the NWO puppets prepare for war demoralizing the armed forces, reducing them to the status of social wefare agencies and laboratories for social experiments extending trangender surgical benefits to those that survive a tour of duty. Meanwhile, they can't get an aircraft carrier, with all the cost overruns off the chocks either or get our new air superiority fighter delivered and deployed. You could go on. We're stretched mighty thin for a world war.

The New Cold Warriors are a pretty shabby lot in my humble estimation. You could make a case that they are playing to lose.

It’s All About The Supreme Court

randge  posted on  2016-07-30   13:34:47 ET  Reply   Trace   Private Reply  

Hap...

I posted here a few days ago, that many years ago in government service, I worked with a gentleman that served on the Panay and the other two gunboats that sailed on the Yangtze River in China, during the 1930s.

Their job????? Escort and defend the Standard Oil tankers sailing the Yangtze river at the American taxpayer expense.

Who was Standard Oil??? John D. Rockefeller.

Cynicom  posted on  2016-07-30   13:34:58 ET  Reply   Trace   Private Reply  

You do wonder though why the NWO puppets prepare for war demoralizing the armed forces, reducing them to the status of social wefare agencies and laboratories for social experiments extending trangender surgical benefits to those that survive a tour of duty

By intent...

Remember, it is the low IQ knuckle draggers that bleed and die in wars.

Sometime take a look at the heroism and devotion to country that earned Lyndon Johnson a Silver Star for heroism.

Cynicom  posted on  2016-07-30   14:09:59 ET  Reply   Trace   Private Reply  

Lyndon Baines Johnson. Most probably the greasiest critter to ever slither out from under a rock in the State of Texas. With a wink and a nod to one of his butt boys, Johnson took the Oath of Office next to the bereaved widow And for sure those Kennedy boys would never humiliate him again.

PRESIDENT LYNDON B. JOHNSON'S MILITARY SERVICE
Compiled by LBJ Library Staff

On June 21, 1940, Lyndon Johnson was appointed Lieutenant Commander in the U.S. Naval Reserve (USNR). Reporting for active duty on December 10, 1941, three days after Pearl Harbor, he was ordered to the Office of the Chief of Naval Operations, Navy Department, Washington, D. C., for instruction. He began working on production and manpower problems that were slowing the production of ships and planes, and he traveled in Texas, California, and Washington, assessing labor needs in war production plants. In May 1942, he proceeded to Headquarters, Twelfth Naval District, San Francisco, California, for inspection duty in the Pacific. Stationed in New Zealand and Australia, he participated as an observer on a number of bomber missions in the South Pacific. He was awarded the Army Silver Star Medal by General Douglas MacArthur and cited as follows:

"For gallantry in action in the vicinity of Port Moresby and Salamaua, New Guinea, on June 9, 1942. While on a mission of obtaining information in the Southwest Pacific area, Lieutenant Commander Johnson, in order to obtain personal knowledge of combat conditions, volunteered as an observer on a hazardous aerial combat mission over hostile positions in New Guinea. As our planes neared the target area they were intercepted by eight hostile fighters. When, at this time, the plane in which Lieutenant Commander Johnson was an observer, developed mechanical trouble and was forced to turn back alone, presenting a favorable target to the enemy fighters, he evidenced marked coolness in spite of the hazards involved. His gallant actions enabled him to obtain and return with valuable information."

It’s All About The Supreme Court

randge  posted on  2016-07-30   14:30:42 ET  Reply   Trace   Private Reply  

When I have time I will send you the same report as written by the crew members.

As a hint, no one else of the regular crew received anything.

Cynicom  posted on  2016-07-30   14:39:21 ET  Reply   Trace   Private Reply  

You do wonder though why the NWO puppets prepare for war demoralizing the armed forces, reducing them to the status of social wefare agencies and laboratories for social experiments extending trangender surgical benefits to those that survive a tour of duty.

==============================================

That alone right there has had the impact of us losing a major war in terms of force degradation and readiness.

Can anyone in their right mind even consider joining the military, or allowing their sons to?

FUBAR x infini

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   16:45:08 ET  Reply   Trace   Private Reply  

Sometime take a look at the heroism and devotion to country that earned Lyndon Johnson a Silver Star for heroism.

==================================

Please don't tell me you are an LBJ fan.

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   16:46:09 ET  Reply   Trace   Private Reply  

Their job????? Escort and defend the Standard Oil tankers sailing the Yangtze river at the American taxpayer expense.

Who was Standard Oil??? John D. Rockefeller.

=================================================

Yep.

And today there is not an 'oil tycoon' even listed in the top ten wealthiest men.

Four of the top wealthiest are in non-tangible, internet-related 'business.'

U.S. Constitution - Article IV, Section 4: NO BORDERS + NO LAWS = NO COUNTRY

HAPPY2BME-4UM  posted on  2016-07-30   16:48:27 ET  Reply   Trace   Private Reply  

Please don't tell me you are an LBJ fan.

That post of mine was as cynical and sarcastic as one can pen.

Working for the government, I took heat for supporting Goldwater. When the bodies streamed back from Vietnam, I could find no one that would admit to having voted for Johnson.

Cynicom  posted on  2016-07-30   16:53:44 ET  Reply   Trace   Private Reply  

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