Comments by "Dennis" (@Dennis-nc3vw) on "President Biden urges raising the minimum wage to $15 an hour" video.

  1. I didn't vote for Trump. I just make the slightest attempt to think about economics. The argument "15 dollars is a living wage" makes no sense whatsoever because money has no fixed purchasing power, and if you could artificially enforce equality without decreasing purchasing power, the whole world would have decided to go the way of Communism long ago.
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  2. For God's sake, money has no fixed value. $15 is never "needed" because it doesn't represent a static purchasing power. Look at the 2019 Tax Foundation study on purchasing power by state. Then look at which states have the highest minimum wages.
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  3.  @sydneybristow5588  You know what's simpler economics? There is no such goddamn thing as a "living minimum wage." Money has no fixed value and the price of everything (especially rent) comes down to wages.
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  4. "The poverty line" is different everywhere so stop trying to put a "one size fits all" model on the country.
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  5. Maybe you should compare the median living space in Japan to the US. You can have equality, or you can have prosperity.
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  6. Nothing helps corporate monopolies like raising minimum wage. It's small businesses that are just getting off the ground that struggle most with that.
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  7. Since America's glory days of 1950: -Life expectancy has gone from 65 years old to 80 years old -The average family has gone from spending 30% of their income on food to 8% -The average worker has gone from working 50 hours a week to 45 hours a week -The median house size has gone from 1100 square feet to 2400 square feet. Yet people are more filled with rage, bitterness, and the delusion they are "just scraping by" then at any time in human history. There is no hope for the human race.
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  8.  @reeba4824  You would just end up paying through the price of the meal. Prices are based on NOTHING other than the cost of labor. Why do you think rice sells so much cheaper than crab? Are people who sell crab greedier than those who sell rice?
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  9. Rent reflects wages of the people living there. That's why rent in Manhattan is literally 10X as high as rent in Detroit. What do you think raising minimum wage will do?
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  10. Liberals: Gentrification drives up rent in low income neighborhoods! Make it stop! Liberals: Raising minimum wage won't have any effect on the price of rent in low income neighborhoods!
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  11. Jesus Christ is that even mathematically possible? Even if you took all the wages in the country and divided then up equally I'm pretty damn sure you wouldn't get $70,000 a year. God I would give anything to ship people like you to Gautemala and explain your philosophy to a barefoot child sleeping on cardboard.
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  12. If a conservative said "Next you'll want to raise the minimum wage to $35" even 5 years ago they'd be scoffed at for making a ridiculous strawman slippery slope argument. You liberals have gotten so ridiculous you can't be parodied. I have read about the Holocaust, about ISIS, about the killing fields of Khmer Rogue, but I can say with aboslute honesty nothing fills me with such rage and despair and a sense of hoplessness for the human race as talking with your "progressives" about economics. You are not just wrong, you are willfully blind.
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  13. A politician should keep his promises, but Americans were silent when they were receiving nothing for 8 months. Now the government gives you 600, and you scream and cry and stamp your feet that you want another 1400 more, and then when you get that you scream and stamp your feet for another 600? That's the behavior of a bratty child, being fine and dandy until you give them something they like and then screaming and stamping their feet that you didn't give them more.
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  14.  @JB-kx9bx  All businesses will raise wages, and then they'll all also raise prices. Why would the outcome be anything else? If the "ownership class" already has their heart set on a 2%-3% profit margin (typical big business profit margin currently), why would that change when you raised minimum wage?
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  15. @Kevin Souza And some people don't have the luxury of getting a job at all, so why stop at $15 minimum wage? Pay people $15 an hour even if they don't work at all! Grow up.
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  16.  @Jaymes27  You can look the statistic up. Don't tell me you've never noticed how copious bunk beds are in 1950s and 1950s-inspired entertainment. That's because it was considered an extreme luxury for children to have their own rooms. But you're right, we are less happy today. Because socialist politicians fill us with bitterness, ingratitude, and rage for political gain. Back in the 1950s we were too afraid of an external enemy for our politicians to turn us against each other, especially in class warfare.
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  17.  @quaidmciver172  The median household income in Japan, measured in Purchasing Power Parity, is much lower in Japan than in the US.
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  18. @Muddbug Last restaraunt I worked at I was paid $10 an hour and still got tips.
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  19. Just 5 years ago if you said to a liberal "Next you'll want to raise the minimum wage to $30 an hour" you'd be scoffed at for making a ridiculous strawman slippery slope argument. I beg of you to believe me when I say literally nothing fills me with more rage and despair than hearing you "progressives" talk about economics. Why even bother making people work for their $60,000 a year? Why don't we just go outright Communist and divide everyone's money equally, even if they provide no service to the economy whatsoever? After all, money has a fix value, right? So what could the harm be?
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  20. No, it'll just mean inflation. Look at the 2019 Tax Foundation study on Purchasing Power by state.
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  21. It's willful blindness. It's worse than ignorance.
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  22. Yes, courting voters by promising economic policies you know will be disastrous is so noble.
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  23. So minimum wage should go down during economic recessions?
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  24. The best way to raise the price of rent is to raise minimum wage. Liberals know rents rise with wages, that's why we hear all this crying about gentrification.
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  25.  @johngradston2894  You completely pulled all that out of your ass. The average gas price ago was $3.00 a gallon, when adjusted for inflation. Now its $1.91 where I live.
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  26. When are Democrats ever going to realize economics is more complicated than "MOAR FREE MONEYZ LOLOLOLOLOL!" Money has no fixed value. Look at the 2019 Study on Purchasing Power by state and you can see raising minimum wage correlates VERY strongly with lower purchasing power.
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  27.  @hamoody703  Wow, you live in DC? That explains a lot. Maybe you should look at what your $13 minimum wage has already done for you. A studio apartment in DC is $1400, about twice what is is in Austin TX. As you can see minimum wage is a viscous, addictive cycle.
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  28.  @angiescorner9549  A sweet person? How a can a sweet person say anything less than $35 an hour isn't a decent living while 80% of the planet is living on less than $10 a day? How "sweet" do you think that sounds to child in Mexico who doesn't even have four walls on his house? I used to donate way more to charity, to buy the truly poor around the world things like clean drinking water and vaccinations, but found the rage I felt at the hypocrisy of Western socialism each time I donated started to consume me.
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  29.  @angiescorner9549  Fair enough, but if you want to make the world a better, more compassionate place the first thing you do is teach people to be grateful for what they have. No one donates to charity when they think they themselves are a charity case.
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  30.  @cmillbekem771  No it just means deceased purchasing power. Look at the 2019 Tax Foundation study on purchasing power by state.
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  31.  @cmillbekem771  Translation: Our children deserve to pay for our problems.
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  32. For God's sake, money has no fixed value! Purchasing power changes with wages! Look at the 2019 Tax Foundation study on purchasing power by state. And then look at how it correlates with the minimum wages of those states!
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  33. @Kevin Souza Pretty much everyone in college is living in a dorm or living with their parents, so why the hell do they need a "living wage"?
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  34.  @cmillbekem771  Jesus Christ, you guys can't even be parodied anymore.
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  35.  @jupitercyclops6521  Those "cherry picked" stats show the general state of all the most important elements of the economy you (nutrition, living space, healthcare, and work hours) you drooling lobotomite. What is life expectancy or living space compared to the cost of a tire (I can't believe you were pathetic enough to cite that). A trip to the doctor might have been cheaper but that's because medicine back then was plaster casts and penicillin. Also in 1950 a gallon of gas was $2.15 in today's dollars, which is pretty much what it is today.
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  36.  @Jaymes27  Expensive whole foods? Jesus Herbert Walker Christ, TV dinners and canned foods were cultural icons of the 1950s. Yeah, maybe people are taking out loans to pay for big homes. If they are working less hours, and still living in bigger homes, so what? What harm has been done?
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  37. I can't even what is and isn't sarcasm anymore.
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