Comments by "whyamimrpink78" (@whyamimrpink78) on "Bernie Sanders Calls For Shorter Workweek" video.

  1. trier4952 No, I am arguing for more purchasing power which is a higher wage.
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  2. Ondrikus Helps when you actually tap into your natural resources as in oil for Norway.
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  3. dzarko55 To solve a problem you try to scale it down. It is a common trait with problem solvers.
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  4. This isn't as bad as what people make it out to be. The 40 hour work week made more sense for hard physical labor, but with technology jobs are easier.  Working 40 hours at a desk or a computer compared to 40 hours in a factory is not comparable.  I work over 60 hours a week (as a grad student you have to in order to graduate on time). At the same time processing code on a computer is nothing compared to my dad working 40 hours at a factory. People need to put this into perspective.
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  5. Mark G Actually people are earning more.
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  6. trier4952 You can't look at total unemployment, you have to look at unemployment of target groups when it comes to the min. wage. The state of Washington has one of the highest teenage unemployment in the US. There have been several restaurants that have closed down and prices have gone up. Seattle is not being successful with their new min. wage that is just starting.
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  7. Anthony Demauleon While that rich guy drives a ferrari and owns a manson I drive a reliable car and live in a nice apartment with a small income. I would say I am doing well.
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  8. Walter Mantler Inflation is deceptive. A lot of goods and services have dropped in price which is expected when you consider how technology improves. Take cars for example, they are better in that they last longer, are safer and get better mileage. Computers are the same way along with TVs. Smart phones are easily accessible to people and offer a lot in progressing people. A brick cell phone cost upwards to $4000 in the late 80s. For standard of living? Life expectancy is up and information is more easily obtainable. People are better off.
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  9. TheDajamster People have more disposable income these days than in the past. A big reason why is because of better goods and services at a more affordable price. Look at cars, cell phones, TVs, computers etc. today compared to in the past. People are better off.
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  10. Walter Mantler Really the fact that certain goods have increased in prices, such as food, is due to government involvement. Production being up should drive down prices, but higher taxes, regulations, the min. wage and so on have increased the price of things like food and gas.
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  11. dzarko55 Competition and productivity (increase supply) should drive prices down. Due to the federal government trying to micromanage our complex economy and create a one size fits all policy on the market it has led to higher prices. Take the min. wage and retail. When the federal government raises the min. wage a company like Toshiba won't care because they pay their workers well over the min. wage and their products are already high price. Thus throughout time their prices drop. But take a retail store like Raley's or Hy Vee. They work on thin profit margins with low skills, temporary workers. Increasing the min. wage means increasing prices. So while their farms are producing more their prices go up as opposed to Toshiba who has increase production but falling price. We can have regulations, we need to keep them at the local level, never the federal.
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  12. dzarko55 If a business goes under those workers end up making $0. The term "living wage" is completely subjective thus doesn't mean anything as a whole.
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  13. TheDajamster I work 2 jobs. I don't make much. I find a way to get by. It requires work. You have to learn to cut back on expenses. With that I earn less than my dad did when he was my age. I drive a better car than he has ever driven. I own a better computer and cell phone. My way of life is already easier than the previous generation and that goes for everyone.
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  14. TheDajamster Businesses don't pay more because they simply can't afford it.
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  15. TheDajamster When you say "pay their fair share of taxes" that translate to "I want to steal their money"? What is the "fair share"? You are being incredibly greedy there. If taxes were lower than they wouldn't be hiding them offshores.
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  16. TheDajamster Plus you target Walmart instead of all the other companies that exist.
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  17. partysince96 They wouldn't be putting that much in offshore accounts if taxes were low. Plus you need to learn what money is before you can really understand the market.
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  18. partysince96 The term "living wage" is completely subjective which is why it doesn't mean anything. Tell me, what is a "living wage" and I can show you why it doesn't mean anything.
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  19. ProdigyP Not everything inflates. It it did then cell phones would cost $4000 and employees at blockbuster will still have jobs and be paid $15/hr according to you. The simple fact is that the prices of goods and services either rise, some drop, and some stay the same. With TVs, they are cheaper and better now than in the 60s. The price of them dropped. Same with labor. When the tractor was invented the price of the farmer went down to $0. You simply can't tie the min. wage to inflation.
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  20. HeplMeh If there isn't an incentive for that business to exist then that business won't be created. The demand is always there, but if there isn't an incentive for the investor to create the goods and services then the business won't exist.
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  21. Karol Palazej Milk shouldn't be going up but it does due to such as the min. wage and higher taxes and regulations. We are producing more milk but yet prices are going up. The issue is that grocery stores are low skilled jobs thus their workers are low waged and temporary. But creating the artificial price floor means that grocery stores have to raise price. With rent that is reality. That is always changing. My rent is going up due to a new business being open in my city thus the price of housing went up. At the same time more people have jobs. With your verizon bill, you smart phone is better than your phone you had 10 years ago, guarantee. If not then you are getting ripped off.
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  22. synapse131 Roads, education, transportation are locally funded. It is up to the local society to determine how much taxes they should spend, or other regulations. You have to consider that those businesses are taking the financial risk to start that business to bring in jobs. All the education and roads and transportation means nothing if you have no jobs.
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  23. Jimmy the Krazy Klown Kar Klown videos Poor people are doing better these days then in the past.
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  24. trier4952 Ok, now where is the production going to come from?
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  25. trier4952 Where is the productivity going to come from to pay people $15/hr? Where is the productivity going to come from when they are taking 3 weeks off?
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  26. trier4952 If you include cost of living you will find that their min. wages are not that high. Also the min. wage is a very small factor in a complex economy. I don't know if I mentioned this but I will but when you look at the effects of the min. wage you have to look at target groups. For example unskilled labor and low wage jobs. When the min. wage goes up unskilled labor unemployment goes up and prices go up (cost of living as in Norway and Australia).
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  27. SirOrdo You are looking at overall unemployment. You have to look at target groups such as unskilled labor, teenagers for example. That is why when the min. wage goes up teenage unemployment goes up. Overall unemployment can go down due to several variables in the economy. With a small wage increase all the negative effects gets lost in the statistical noise. My home state has a min. wage higher than the federal. We just got a company that pays starting out $26/hr. That is creating a lot of jobs. When that company started did they factor in the $8.50/hr min. wage or the low taxes? Most likely the latter since they pay much higher than the min. wage. You have to consider that. There is always demand. People demand better goods and services. But if the cost outweigh the benefits than a company won't invest. If the min. wage in my state was $50/hr, or even $30/hr then that company won't have a benefit is hiring in my state.
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  28. trier4952 No because you are supporting something artificial, I am supporting wealth creation.
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  29. trier4952 A 4 day work week is one thing, but where is the production going to come from for people to earn $15/hr and have 3 weeks off?
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  30. ProdigyP I never troll, you saying I am is basically saying "Whyamimrpink78 is getting us to actually think. I know, it sucks having to think. Just ignore him and remain ignorant, it is the best option in life."
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  31. SirOrdo Not everything inflates. Some goods and services go up in price, some drop and some stay the same. Take the cell phone for example, with inflation standards the brick phone cost $4000 in the late 80s. That means my smart phone, which is smaller, better, and offers more would cost more. But it cost under $100. The price dropped. Same with labor. Look at the blockbuster employee. Due to Netflix and Amazon the blockbuster employee's value dropped to $0/hr. But according to you they should not only be employed but paid $15/hr. You simply can't tie the min. wage to inflation. Doing so means that only the rich will be the ones that still own cell phones, multiple TVs, cars that last over 100,000 miles and so on.
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  32. trier4952 Read what I wrote SirOrdo. You simply can't tie the min. wage to inflation. Same with production. Some jobs have increased in productivity, others haven't.
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  33. SirOrdo Things like food and clothing shouldn't be increasing in prices. Due to policies such as the min. wage those prices have gone up. We are producing more food and clothes than ever but prices go up. The reason why is because the artificially set price floor (the min. wage ) in those sectors of the economy means that businesses have to increase prices. The min. wage is outpacing productivity. Housing is a bit more complicated, but with food and clothing we should be seeing them reduce in price (and in some ways have), not increase.
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  34. SirOrdo Yes, we should abolish the min wage, that would actually improve the economy.
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  35. trier4952 Productivity is up due to more technology, not because people are working harder. For example tractors have increased food production and made it so less workers are needed. But with more being produced we should be seeing prices dropped increasing the purchasing power of the dollar, we are not though. It makes complete sense.
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  36. Noah Borthwick Prices are higher in Seattle compared to most of the country. It isn't ridiculously high due to the min. wage being one small part of the economy. Teenagers who work are able to increase their chances of success. Giving teenagers the ability to work hard and learn more outside of a school setting is beneficial. Some of the most successful people in life worked as a teenager.
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  37. Sweederland Johnson Because we have a teenage unemployment problem. We have a problem where teenagers from low income areas can't get jobs because an increase in the min. wage has priced them out of the job market. In the big picture an increase in the min. wage won't effect the vast majority of the country. It will hurt those who are at a disadvantage though, that being the poor.
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  38. Noah Borthwick Teenager working at a young age allows them to gain important qualities in life than if they were not working. My dad earned a wage that was high enough for us to live off of. I still worked and it help me get better jobs in the future. I still stand by my statement that overall the min. wage won't make a huge difference as a whole in the economy. It will hurt those who are low income the most. But as a whole it won't hurt the economy, just prolong our poverty problem.
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  39. Noah Borthwick Ok, one, what "report" are they referring to? Next, if all it took was a small increase in prices, such as $0.46 for Walmart and they won't lose any customers then why don't they just raise prices and make that much more in profit? The answer is because it isn't that simple. Thus that "report" is wrong. On employment. The min. wage has always been rather low and raises have been small in comparison to the entire economy. So with that mixed in with other variables that carry more weight in the economy, that is why you don't see an increase in unemployment. It is macro vs micro. Now if you were to remove other variables what you do see is an increase in youth unemployment. It is small and thus gets lost in the statistical noise unless you remove such noise. There isn't one single good reason to even have a min. wage. It has zero positive effects. For the record, I shop at local grocery stores such as Hy Vee and Raley's. They are more expensive but I do so because I get better service. So no, I am not cheap.
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  40. dzarko55 A country with only 5 million people in it that is willing to tap into it's oil and sell it as opposed to give it away (like Venezuela did) will lead to a lot of success. If the US is willing to lower regulations and tap into their resources we will do better. Also population plays a big role. It is easier to micromanage domestic policies with a small population. Norway is smaller than most states, you really can't compare it to the US. It also leads to less diversity. Compare it to education and classroom size. What is easier for a teacher, a class of 30 or a class of 5? Which class will have more successful students?
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  41. dzarko55 And we have a system like that in the US. We have a much larger population thus we have a system which installs state rights. Much like a larger school has a principal, than department heads, than teachers.
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  42. thebigteacher 1 In the US profits go towards people as well.
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  43. MaskinJunior Demand doesn't have to be created, it exists already. If you really want to compare the US to Swedan (you really can't due to several variables) then the US is more productive and has a lower cost of living.
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