First Annual Keeping the Poor Man Down Meeting - Part 1

Just a bit on minimum wage:

Peter Schiff Video: http://www.youtube.com/watch?v=I_IMuxMXd3E

Milton Friedman Video: http://www.youtube.com/watch?v=ca8Z__o52sk

Should be understandable by anyone with the most basic economic knowledge.

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[kitoushiekj]

The points you make are interesting but I am confused as to why you are using sprites from an online game to illustrate your point.

[MotionFur]

oh, just for no real reason.

[Rybot9000]

Anyway, thanks for the video, it made me stop and think, and spend most of the evening on it. I recently subscribed for the antagonism to my view points, so I'll look forward to more discussion like this.

[MotionFur]

I'll have more. But i'm considering some the good points you've made here for sure, they'll have to seap in slowly though. As usual.

[joemadly]

u speak of logic and reason but if you yourself profit you wont see

u dont see the suffering because u are blind nor do u or will you ever experience poverty and starvation and i wish that you open your eyes to the hunger and the poor

and until you have a compassion that of a human being, you will not understand a word i said

offtopic

ragnarok was a good game until Gravity company goes NUMB with all the profit they got they became fat with wealth and lost their passion to maintain its creation

[kurtilein3]

pumpkinjoe:

that problem is not really related to minimum wages, that problem is called inflation. you can either set up a currency that doesnt inflate, or you can adjust the minimum wage for inflation. if the politicians let inflation eat away the minimum wage, then those politicians really dont want you to have a minimum wage and dont understand the benefits of it, or even worse, they dont see a problem with wage slavery and with unethical working conditions.

[PumpkinJoe999]

But that's assuming that minimum wage is below market value.

Also isn't it true that minimum wage can have a downward effect on wages in general for low skilled workers because low skilled workers will feel protected by minimum wage and thus will be less likely to negotiate or work to test the price of the labor they are selling?

[PumpkinJoe999]

Minimum wage does not garuntee the real wage. The cost of living has doubled over the past 8 years but wages haven't, and minimum wage certainly hasn't so what does it really do?

[kurtilein3]

i just watched the first half of this video, the nonsense about the minimum wage.

you are wrong. what the minimum wage does is to draw a line between legitimate work and wage slavery. only some republican pundits and brainwashed neocons think that a higher minimum wage hurts the poor.

1 star.

[horny4bears]

hmmm.. yeps, ok. that I'll nod along with you on. I just have a hare trigger, when I see the amount of damage these children can cause before they finally can fire the synaptic junction to face palm themselves, at how foolish it was to take a fable seriously. (once more, if they ever can reach that conclusion)

I have yet to be treated as wretchedly by any other culture, like the people from the abrahamic gods.Not saying its impossible for others to do that; just havnt had the...experience, yet.

[horny4bears]

After seeing part 2, I face palmed myself. In seeing how religion entered into the scene 8P

[Rybot9000]

They turn away from it, fight against it. People are very needy and self-absorbed. They are attracted to ideas that puff themselves up. Such people are not going to be interested in anything neuroscience has to say. Even that the Bible itself speaks of humans as dust and vapor. Eternal life is an illusive concept juxtaposed by bleak descriptions of humans. Simultaneously we are described as marvelous and wretched. You can see whatever you want in it, and its kind of great literature in that way.