John Edwards and the Minimum Wage

John Edwards stumping for the minimum wage

From:
http://download.movedigital.com/johnedwards

www.realclearpolitics.com

Category:

News & Politics

Tags:

• John
• Edwards
• Minimum
• Wage
• www.realclearpolitics.com

[wkruk1979]

i would add that Wal mart is a communist company, if they rncourage its employees to get on goverment assistance

THAT is communism

who told you people at those obs were overpaid? and what do they base that on?

[Pbirv]

"There are people working at McDonald's and hotels that are over payed, even at $6-$7/hour!"

Overpaid? Excuse me, but those people often have to get 2nd, 3rd, even 4th or 5th jobs, and/or apply for public assistance to make ends meet- you know, keep a roof over their heads and food on the table. In fact WalMart actively ENCOURAGES their new hires to apply for food stamps, Medicaid, Sect 8 housing, etc, and shows them how to do so. And you say they're overpaid?

[oterj0]

how is easy money a conservative key to economic growth? It encourages risky investment and overpsending, which did lead to the bubble and subsequent collapse. Easy money is not a good thing, nor is it something conservatives should or do strive for. Money should not be a factor in investment decisions. Money is simply a way to engage in trade without having to carry around some physical commodity. Monetary policy should not be used to incentive certain investments over others.

[Pbirv]

According to conservatives, all the keys to great economic growth, growth far better than Reagan and Clinton were finally in place in 2007: the lowest taxes since 1940, the weakest unions since 1940, the least regulation since 1935, longest stretch of easy money, and very low inflation. Look what happened.

[Pbirv]

Most poor move on to be middle class? Where? Every day more middle class people are being forced into poverty by their jobs getting eliminated, outsourced, or given to H1-B visa guest workers, and the only jobs available are at fast food joints or WalMart, and that's when they aren't being rejected as "overqualified" or having to compete with illegals willing to do those jobs for less than $5 an hour.

[djtohkee]

lol your looking at the poor of the poor most of them move on to be middle class. If you want to go that low yea in america we have that too. Mexicans cramming into 3bdrm apts. I don't know where ur getting your news but many of them live in decent apts. and many of them have middle class jobs.

[djtohkee]

federal is 35-39% depending on how much ur net sales. then the state i live in is 4.8% so if my business does a gross profit of 200k (which should be for the average mom and pop shops) that 39% tax bracket plust 4.8% thats just fed and state. (now you need to add county and city). and your wondering why small business don't hire more people.

[djtohkee]

i'm sorry i was wrong, its not 30% its 39% and thats just federal corporate tax rate so you got to add states corporate tax rate. so that should easily be near 50%

[Pbirv]

Before workers got paid $30-$70 an hour type wages, most people lived at home with their parents. 3 or 4 generations under the same roof was not uncommon. And usually only the upper classes were able to afford a new car or to send their kids to college. Chinese workers? Most of them are either still living with their parents or in company dorms with no running water and maybe 1 toilet for the whole floor or building.

[djtohkee]

we can & should reduce pollution when possible because I been to china & south America & totally agree with the air and water issue. However environment laws and compliance does not kill bussines and sometimes is does make economic sense to be green. The ones that kill business its labor and just plain corporate tax why would anyone want to own a business here when ever dollar your earn you only keep $.70. But when push comes to shove I rather have people working then unemployed with clean air.

[djtohkee]

yes under your logic i'm sure no one was living in a house, owned a car, and went to a college before that 70/hr job came along. I wonder how Chinese people are buying cars and houses at (1/10th) the wage of minimum wage in america.