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Dennis
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Comments by "Dennis" (@Dennis-nc3vw) on "Another Study Proves That Helping The Working Class Grows The Economy" video.
And why do you think that is? It's because California has high wages and that drives up the cost of rent. You just made the best argument AGAINST raising minimum wage I've ever heard.
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A Walmart CEO typically makes 20 million a year. Walmart has 2 million employees. Do the math. Also for one hour of minimum wage labor you can buy: 2 loaves of bread and 2 jars of peanutbutter 2 boxes of cereal 6 cans of Spaghetti Os 4 cans of Progresso Soup 1 bag of HEB king size potatoes 2 packets of hotdogs How the hell do you think half the planet is eating on $2.50 a day!? I would give ANYTHING to ship you liberals to Sri Lanka and have you explain to the barefoot child living in a tinshack how you can't feed yourself when you make more in an hour than he does in a day.
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Walmart, the greediest, most evil corporation in the world, runs a profit margin of 1.1%. Even if they became a non-profit, they could not raise their employee's salaries by more than $3,000 a year. I can't believe you have the nerve to call others greedy while you are crying about making less than $15 an hour while half the planet makes $2.50 or less or day. I'd give anything to force you to explain your view to a barefoot Sri Lankan child living a one room tin shack.
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Increased buying power without increased goods and services is called inflation.
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@kimasujuru7658 That is complete horseshit. I don't know how they think they are measuring productivity but its obviously flawed. If it were true corporations would be running 50% or higher profit margins, but the typical Fortune 500 business runs a profit margin of less than 3%.
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Poor, crushed, and struggling? I think I'm going to be sick. Go tell the barefoot Sri Lankan living with his family in a one room tinshack, eating vegetables off a quilt on his floor how you are "poor, crushed, and struggling." Then go back to sipping your 6 dollars coffee that you paid for with money you could have spent buying him clean drinking water.
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If people are paid more without producing more, that's called inflation.
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The average poor America already eats 250% the daily recommended intake of protein.
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Saying you can't live on less than $15 an hour while half the world makes less than $2.50 a day...but sure, it's the corporations who are greedy.
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This wasn't a fucking study. It was a bunch of eggheads speculating about what they thought WOULD happen if you raised minimum wage in low income areas. The places where this actually happened is in cities with relatively high income. But a $15 minimum wage in rural Georgia would be like a $45 minimum wage in Seattle. So until we prove Seattle can handle a $45/hour minimum wage, you can go straight to hell with this $15 Federal Minimum wage non-sense.
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A full time job at $25 an hour is an income of $50,000 a year. The AVERAGE INCOME in America is not even $50,000 fucking dollars a year. AVERAGE INCOME. It would be literally mathematically impossible to make that minimum wage without printing more money! God I would give anything to deport all you people to a third world country where half the people make $2.50 or less a day.
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For Christ sake, money is just a unit of exchange, it has no fixed value. Just because you have more money does not mean you can afford a better standard of living, otherwise we'd just print money to solve poverty.
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The average income in America is approximately $48,000 a year, or what you'd make working full time for $24 an hour. Literally the difference between what you want and utopian Communism is $4 an hour. Go to hell.
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The GOP supports a transfer of wealth based on productivity, rather than abstract ideas of "social justice" put into practice by the willfully blind.
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Like who exactly? Walmart runs a profit margin of 1.1%. Even if they become a non-profit they could not raise their employee salaries by more than $3,000 a year.
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Walmart runs a profit margin of 1.1%. Even if they become a non-profit they could not raise employee wages by more than $3,000 a year.
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Gag me with a spoon! In Bridgeport Connecticut, you can get a studio apartment for $500 a month. In Stamford CT, it's at least $1200. Why? Because wages are higher in Stamford. Raising minimum wage is a great way to make people homeless.
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It would not hurt them in the long run because they would just raise their prices, which puts us back at square 1.
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I think I'm going to be sick. This is a perfect description of LIBERALS. You spend more on your coffee than half the planet makes in a day, spend more on dinner than half the planet makes in a week, and yet have the AUDACITY to call other people greedy! Statistically, conservatives, especially Christians, donate more money, time, and blood than liberals. And this surprises NOBODY. You CANNOT consider the state mankind and the poverty that exists globally and not realize the vile, filthy, craven hypocrisy of Western socialism.
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What's not difficult to understand is that money has no fixed value and giving people money is not helping them. Increased money without increased production is called inflation.
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@evillyn7895 The biggest, evilest corporation in the world, Walmart, runs a profit margin of 1.1%. Even if they became a non-profit organization, they could only raise their employee's salaries by $3,000 a year. I'd also love to see you explain to one of the 3 billion people living on $2.50 or less a day why you can't survive on less than $15 an hour. See who they think the soulless, greedy one is.
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Imagine being such a tight-fisted, tight-ass scrooge that you cry you can't live on less than $15 an hour while half the planet is making $2.50 or less a day (measured in Purchasing Power Parity). Corporations don't have a choice. Typical big businesses run profit margins of about 3%. You, on the other hand, do have a choice to help the less fortunate with your own money, but you choose not to.
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Exactly. Giving or taking what people earn takes away their incentive to work. People work hardest when their wealth is most closely correlated with their productivity, rather than artificially inflated/deflated. What is so hard to understand about this?
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@sicksadworld225 Liberal cities have the highest homelessness rates.
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I can't even tell who's being sarcastic anymore. I swear it's like this all our brains have suddenly turned to mush.
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