Comments by "Dennis" (@Dennis-nc3vw) on "Minimum Wage Propaganda - Why Amazon u0026 Walmart Love the Idea" video.

  1.  @gumer.gg1  If a business can't afford to pay you more in an hour than 80% of the world makes in a day, it doesn't deserve to exist? People like you make me sick. 200 years of human progress are worth nothing because people like you prove humans will always be ingrateful.
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  2. The average big business runs a profit margin of less than 5%.
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  3.  @scottsch6505  Businesses are subject to market forces. I live in Austin TX where the minimum wage is $7.25 an hour and even Walmart pays $12. People were starving working full time during the Great Depression because it was...you know, the Great Depression.
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  4. You should be forced to fly over to Sri Lanka and explain to one of the 80% of Earth's people who make $10 or less a day why you can't live on $15 an hour. People like you make you furious. I used to be so into the idea of charity, then I met Americans like you who have so much and still feel ingrateful and it makes me wonder if there's a point. What's the point in helping your fellow man if your fellow man will be bitter not matter how much he has?
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  5.  @danialsafvat9035  Walmart runs a profit margin of 1.1% and the average Walmart CEO makes 20 million a year, which is about 1/20,000th of Walmart's annual revenue. Half of Americans are 1 paycheck away from bankruptcy because people like you convince them if they can't live 50X better than the average Sri Lankan, life isn't worth living, so they spend themselves to the brink. Back in "the good old days" of 1950 the life expectancy was 65 and the median house size was less than half what it is today. I'm sure you could afford that standard of living in modern times without living paycheck to paycheck.
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  6. Wrong factophobe. Studies show the opposite.
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  7.  @supredeep  That statistic is measured in Purchasing Power Parity. Do you really think the only difference between a "poor" American and a barefoot Sri Lankan child living in a tin shack is 'cost of living'?
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  8. Minimum wage where I live is $7.25 yet even McDonalds pays $10.75 an hour.
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  9. Even if raising minimum wage could improve the standard of living (it wouldn't), what's the point? If you make $32,000, and that's measured in Purchasing Power Parity, you are in the top 1% of the world economy. Yet people making this in America are filled with nothing but misery and self-pity. What's the point of improving people's standard of living if they'll feel like they are "just scraping by" no matter how much they have?
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  10. Kids aren't truly free, their parents can essentially force them. Even if that weren't true, kids aren't smart enough to make their own decisions. You're going to have a change a lot more than child labor laws if you want to start treating kids and adults the same way.
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  11.  Garrett Guerra  Communists don't want to benefit everyone, they want to hurt everyone in the name of equality.
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  12. People are living longer than ever, that's why retirement is getting more difficult. We live in a time where people literally expect to spend half their lives taken care of, from about 0 - 20 to about 65 - 80. That's 35 years, roughly the same amount of time you're in the labor force. That's unprecedented in human history.
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  13. No its not, your market value can be determined by how much revenue your labor brings to the business.
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  14. I think I'm going to be sick. If you can't survive on less than $15 an hour, what does that make the 80% of the world making $10 or less a day? Zombies? And that's measured in Purchasing Power Parity so don't give me that cost of living crap.
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  15. I live in Austin TX where the minimum wage is $7.25 but even Taco Bell pays $11.00 an hour. Businesses can't just pay whatever they want. Competition forces them to pay employees almost exactly what they are worth.
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  16. Most big businesses run profit margins of less than 5% so I think they are pretty damn honest.
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  17. If money doesn't matter, why do you demand to make more in an hour than 80% of the planet makes in a day?
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  18. My dad was a 1%er, he worked 300 hour months, almost sold his wedding ring to pay off his debt, spent 20 dollars per day on his commute, and we lived in a house that was roughly 1,000 square feet. Sorry you're a factophobe.
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  19. There is no such goddamn thing as a living wage. First off, "the cost of living" varies tremendously: studio apartments in rural Georgia are $300, while in Manhattan they are $3000, and insurance for a 60 year is 4X as much as it is for a 25 year old. Second, the "cost of living" will change based on the wages of those around you, hence the aforementioned difference in apartment prices. Third, "cost of living" is itself meaningless goblidigook. If $15 hour is "a living wage", what are all the people making less than that? Zombies? Making $32,000 puts you in the top 1% of the world economy.
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  20. Putting aside that buying power will change as minimum wage changes (cost of products comes from nothing other than cost of labor), there is no such thing as "a decent life." In 1950 the life expectancy was 65 and the median house size was less than half what it is today but we call those "the good old days" when everyone could make a decent living on one income.
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  21. When did the American dream exist? In 1950 when the life expectancy was 65 and the median household was less than half the size it is today?
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  22. I live in Austin where the minimum wage is $7.25 and yet even Taco Bell pays $11 an hour. Businesses are subject to market forces. If you are paid a low salary, its for a reason. Also, you make me sick calling $31,000 is a poverty wage. That literally puts you near the top 1% of the world economy and that's in Purchasing Power Parity. I used to be so into the idea of charity and helping my fellow man until I met people like you. Now I wonder if there's a point because people like you show humans will always be bitter and feel like they are "just scraping by" no matter how much they have.
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  23. "yeah, the reason is "capitalism... In a capitalist economy, profit and the bottom line is everything, so you look to spend as little as possible, including the wages you pay employees." And you keep your prices as low as possible, so employee salaries effect prices. A typical big business runs a profit margin of less than 5%. "Economic value and human value are 2 separate things and in our market, people are judged and rewarded with material well-being base solely off of their economic value, and that is just one of the many inherent, systemic flaws with the current market system." What the hell is the alternative? It's literally impossible to pay someone more than their market value, because you'd be paying them more money than they bring to your business. You'd go into red ink. "Even if you're talking about a single person in a one bedroom apt. they're still going to pay $1000 or more a month, just for rent, phone, cable, electric and food." $1000 a month is $12,000 a year. That means if you made $23,500 a year, after those basics, you'd still have just same amount left over. Further, I'm almost certain you don't have to pay anything in taxes if you make $40,000 a year or less. "The market is what we make it, so if we choose to let it continue operating as it currently is, with all of it's flaws and shortcomings and archaic, draconian laws, where everything is about profit and profit is everything, then that is a failure on our part - on humans part, and not the outcome of what the market dictates or as you put it, "subject to market forces." As I said, there is no alternative. A business cannot pay out more money than it takes in, and most big businesses make very slim profit margins. Profit is just a socialist scape goat.
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  24.  @xh0rsex  Wow, way to dress up in one of the stupidest ideas ever conceived in human history in fancy psuedo-intellectual speak. You were probably hoping I wouldn't be able to decode it, because what you literally just described is a system where no one is obligated to work and no one is rewarded for productivity. Why the hell would ANY economic system EVER fail if that one could feasibly succeed!?
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  25. I would give anything to ship people like to one of the 80% of the human beings who makes $10 or less a day and have you explain why $15 an hour isn't enough to live on. Oh, but let me guess, "cost of living." Because that's totally the only difference between an American making $15 an hour and a barefoot Sri Lankan living in a one room tinshack.
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  26. "Living wage" is meaningless goblidigook. What are people making less than living wage? Zombies?
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  27. Cost of living varies way more within a state than between states. In Brideport CT a studio apartment costs less than half what it does in Stamford CT.
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  28. You should be forced to explain how you can't make it on $15 an hour to the 80% of people who make $10 or less a day.
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  29. Because people have a bottomless capacity for bitterness and self-pity. Over the last hundred years life expectancy was nearly doubled, living space per person has nearly quadrupled, but people still whine they are "just scraping by."
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