Quote from: joesixpack on January 16, 2020, 05:58:34 PM
It's clearly defined in posts 50 and 66.  He read them and didn't understand. I'm waiting for his question so I can try to clarify

In the mean time, reply to mine. As I pointed out, there is no one size fits all, so a rounded off $30 per hr is a cover all.
What you are asking Taxed to do is beyond silly, you want him to do your work for you in taking some silly quiz. How about you take it and tell us your results.

Anyway, explain how I'm wrong, in that a living wage would immediately kill our economy if instituted on the US.

Quote from: Solar on January 16, 2020, 06:10:49 PM
In the mean time, reply to mine. As I pointed out, there is no one size fits all, so a rounded off $30 per hr is a cover all.
What you are asking Taxed to do is beyond silly, you want him to do your work for you in taking some silly quiz. How about you take it and tell us your results.

Anyway, explain how I'm wrong, in that a living wage would immediately kill our economy if instituted on the US.

I disagree. If that were the case we wouldn't be able to fight diseases because everyone is different.

We're all humans, we're all similar enough.

If we know that humans need about 2000 calories per day. We can calculate food expenses for the year.

If we know humans need a roof over their head, we calculate rent expenses, etc.

Post 50 has all that.

the "living wage" varies, from Miami, FL, to Miami, IN, to Guatemala to China to Zimbabwe, to London. but we can definitely come up with a number.

And

Quote from: joesixpack on January 16, 2020, 06:28:03 PM
I disagree. If that were the case we wouldn't be able to fight diseases because everyone is different.

We're all humans, we're all similar enough.

If we know that humans need about 2000 calories per day. We can calculate food expenses for the year.

If we know humans need a roof over their head, we calculate rent expenses, etc.

Post 50 has all that.

the "living wage" varies, from Miami, FL, to Miami, IN, to Guatemala to China to Zimbabwe, to London. but we can definitely come up with a number.

And

So you're advocating for a Soviet style central planning bureaucracy, Right?
And that's fine, problem is, lets assume they pull this off and raise wages across the US. Guess what happens without price controls in place?
Can't fathom that? OK, costs on every product produced skyrockets to the end consumer because the producer has to make it up due to exorbitant wage increases.
So suddenly that living wage is no longer enough to subsist on is it.

See? There are serious ramifications to govt interference in a free mkt. Do you still think it's such a good idea, or are you going to advocate for price freezes first, which comes with its own economy collapsing side effects.

Quote from: joesixpack on January 16, 2020, 05:34:13 PM
What part don't you understand?

I'll try and clear it up for you

Thanks.  The "living wage" part.

What wage is acceptable to you, and how did you arrive at that number?  Please provide your math.

Quote from: Solar on January 16, 2020, 06:39:28 PM
So you're advocating for a Soviet style central planning bureaucracy, Right?
And that's fine, problem is, lets assume they pull this off and raise wages across the US. Guess what happens without price controls in place?
Can't fathom that? OK, costs on every product produced skyrockets to the end consumer because the producer has to make it up due to exorbitant wage increases.
So suddenly that living wage is no longer enough to subsist on is it.

See? There are serious ramifications to govt interference in a free mkt. Do you still think it's such a good idea, or are you going to advocate for price freezes first, which comes with its own economy collapsing side effects.

I'm advocating for American style central planning. We already set wages.

Quote from: taxed on January 16, 2020, 06:49:13 PM
Thanks.  The "living wage" part.

What wage is acceptable to you, and how did you arrive at that number?  Please provide your math.

A calculator is available in post 50. Play around with it for 1 person in varying cities and you'll see what a good amount is

Quote from: joesixpack on January 16, 2020, 06:50:26 PM
I'm advocating for American style central planning. We already set wages.

I'm advocating for a free country.  We should eliminate the minimum wage.  The wage was put in place to kill our manufacturing base.

Quote from: taxed on January 16, 2020, 06:52:12 PM
I'm advocating for a free country.  We should eliminate the minimum wage.  The wage was put in place to kill our manufacturing base.

Good luck with that. It's been since 1938 that we've had one. You've got an uphill fight with most Americans

Quote from: joesixpack on January 16, 2020, 06:53:47 PM
Good luck with that. It's been since 1938 that we've had one. You've got an uphill fight with most Americans

I don't think so.  People understand minimum wage kills jobs.  They also understand when you eliminate the minimum wage, wages will rise.

Quote from: taxed on January 16, 2020, 06:55:45 PM
I don't think so.  People understand minimum wage kills jobs.  They also understand when you eliminate the minimum wage, wages will rise.

QuoteThe latest Rasmussen Reports national telephone and online survey finds that 49% of American Adults believe raising the hourly minimum wage will help the economy, while 30% think it will hurt the economy. Thirteen percent (13%) feel raising the minimum wage will have no impact on the economy. (To see survey question wording, click here.)

https://www.rasmussenreports.com/public_content/business/jobs_employment/august_2018/do_americans_like_the_idea_of_raising_minimum_wage

:shrug:

fight on, brother...

So I would like a dog.  Do I get 20$ per hr. so I can have a dog also.   
I will need food for the dog and pay vet bills.  My cat food cost 75$ a bag.   Who will pay for my cat if I only get a living wage for myself?  Remember if I get a dog I will need more money, so the three of us can live with no problems. 

Quote from: joesixpack on January 16, 2020, 06:50:26 PM
I'm advocating for American style central planning. We already set wages.

Central planning under any name you choose is Marxist. OK, so now you're advocating for central planning since you were able to set a living wage.
How will you save the economy now that industry had to raise their CODB and passed the increases onto the end purchaser, consumer, what will you do to assure the living wage remains intact?

Point is, every time you adjust one part of the economy, you adversely effect another. So how do you plan on fixing your mistake in screwing up the economy, at this point is collapsing.
You see, whether it's food, or transportation, all costs increase, including our ability to sell our over priced products to other countries.

Now, we not only have a collapsed economy, we can't even sell our own crap because no one wants to pay 10 times the price for something  they can get anywhere else in the world for less.
This is the result of central planning as opposed to the free Mkt setting prices.

Quote from: joesixpack on January 16, 2020, 07:00:02 PM
:shrug:

fight on, brother...

Wait you actually believe that poll? Sorry to burst your bubble but the vast majority of American voters are pro free market and against socialism or even a mixed system. Just pure capitalism like we have had most of our history.

Quote from: joesixpack on January 16, 2020, 07:00:02 PM
:shrug:

fight on, brother...

It's a poll.

Still waiting for your "living wage" definition.

Quote from: joesixpack on January 16, 2020, 06:28:03 PM
I disagree. If that were the case we wouldn't be able to fight diseases because everyone is different.

We're all humans, we're all similar enough.

If we know that humans need about 2000 calories per day. We can calculate food expenses for the year.

If we know humans need a roof over their head, we calculate rent expenses, etc.

Post 50 has all that.

the "living wage" varies, from Miami, FL, to Miami, IN, to Guatemala to China to Zimbabwe, to London. but we can definitely come up with a number.

And

And so, does the man with four kids get a bigger roof, more food ect. In other words how much will your plan screw the American taxpayer. Funny how you brag that your father in law had a choice to cut labor expenses but you do not want that choice given to the business man.