Comments by "Nash Hinton" (@NashHinton) on "The merits of a higher minimum wage" video.

  1. Last time the minimum wage was increased, the Great Recession happened a month later. Just an observation.
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  2.  @adamtharpe1305  They should tax the fvck out the wealthy and help the poor more. That is much better than hiking wages, which hurts small businesses.
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  3.  @adamtharpe1305  We need more social services for the poor, universal education, etc.
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  4. China doesn't have a minimum wage. Their economy is a powerhwouse.
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  5.  @AlkeinCasanova  Dude, shut up. So only the poor should pay taxes and small businesses shouldn't? How is that fair?
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  6.  @AlkeinCasanova  And you don't know anything about economics by supporting more taxes on the poor and no taxes on businesses. The poor buy the producers' stuff so how will taxing them enrich businesses?
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  7.  @AlkeinCasanova  Crypto currencies is not backed by anything tangible and it's a speculative bubble. Block chain is reaching peak saturation. And I'm not a moralist. I'm a pragmatist. I honestly think we should start ww3 and send you losers to purge yourselves off so another economic boom can happen. I'm fine with eugenics and compulsorynsterilization, but promoting regressive taxation which is shown to deteriorate economic growth is stupid.
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  8.  @AlkeinCasanova  And if you're a small business owner in this failing kleptocracy/kakistocracy, you're an idiot.
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  9.  @AlkeinCasanova  Face it, we need to be more like China. This decadence and division is pathetic. China makes their people work.
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  10.  @AlkeinCasanova  Supply and demand. Less losers, higher wages, lower rent. Remember the Renaissance, Roaring twenties, Gilded Age, Golden Age of Capitalism? I know economics. I'm a malthusian.
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  11.  @AlkeinCasanova  Read a book called the Great Leveller.
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  12.  @AlkeinCasanova  Read some books because you're clearly uneducated. Mao and Stalins purges ironically increased their living standards and led to rapid industrialization. Explain why good times always follows war and depopulation. And if you support libertarianism in this day of automation, deflation, and low interest rates, you're not very smart. How lower will interest rates be when Boomers die?
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  13.  @AlkeinCasanova  Less people means lower rents, higher wages and investments in labor saving technology. Supply and demand. Sorry I want a second Renaissance.
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  14. You ever think that's the plan? These mega corporations want zero competition and want small businesses to go under.
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  15. Minimum wage means more automation, so unless we're having a robot tax, higher minimum wages means less government revenue.
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  16.  @deadcell1  People can't pay mortgages when they become unemployed from higher wages
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  17.  @deadcell1  Inflation is going up because the FED keeps printing money. The entire economy is a house of Cards that will ultimately collapse
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  18.  @deadcell1  And minimum wage increases inflation. It's called price wage spiral. Higher wages attracts more workers temporarily, that leads to full employment which raises prices. Not only this, but businesses compensate by raising prices. Higher wages destroys small business. If you want to live in a dystopia world where multinational corporations are the only businesses and everyone is living in pods earing bugs and getting UBI, which is what the elites want, I'm not interested.
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  19.  @deadcell1  Inflation is the goal of these elites. Inflation means higher income inequality and the more money they throw at the problem, like UBI, QE, higher wages, the more it enriches them. The rich have assets, not you. They want you to own nothing, rent, and be happy.
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  20.  @JonKellerXXXX  Oh boy. No indoor plumbing like we had in the 1950s. China is still developing. And no doors saves costs on heating and cooling.
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