Is he wrong?

>>131009910
Yes he is wrong. Inflation. Sage

>>131009910
yes he is wrong. They would have to be subsidized even more because of the people that will be fired.

>>131009910
he's a socialist(never worked a day in his life)
so yes,he's wrong

>>131009910
Why is he right?

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>>131009910
He is not wrong

>>131009910
He's a subversive kike. Of course he's wrong and/or lying.

>>131009910
Jew Math strikes again.
Jew math ALWAYS ends up w/ you owing more.

>>131010099

Inflation from raising minimum wage does not happen empirically,

Inb4 prove it, no you prove it since you made the initial claim.

>>131011094
Ur economy is so f'd

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>>131009910

>>131011381
Oh I'm not American, thank god

>>131009910
Yes. He didn't name the Rothschild family

>>131009910
I've been on some online dating sites lately (OkCupid, which is a leftist cesspit), and I keep seeing "late capitalism" come up. Almost everyone on there is a socialist of some sort. Do you believe that we're in late capitalism? Is socialism inevitable? I really hope not. It seems like a bit of an echo chamber, so maybe I'm not getting a very good sampling.

>>131011360
People are paid more so more money is printed and corporations increase the price of goods to adjust it's not rocket science

>>131009910
Starting wage at Wal Mart is about $10 an hour and employees get several raises in their first few years. Odds are the person bagging your groceries makes between $13-$15 an hour.

>>131009910
>raise minimum wage to some ridiculous amount like $15
>shitload of walmart employees get laid off and replaced with self-checkout stuff and robots
Congratulations, you just played yourself.

>>131009910
>for taxpayers who would not have to subsidize Walmart employees

Uhh... we don't have to subsidize them. All we have to do is to turn off the welfare faucet. It's very simple.

>>131011681

Economic theory doesn't apply to the real world all the time, you can do a simple check by checking the times that minimum wage was increased by congress in the past and the inflation that period, it stays constant most of the time.

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>>131011094
Pay your employees their market value based on supply and demand, use loopholes to have less of your money stolen, offer goods and services that people voluntarily choose to but because they want them. How devilish

>>131009910
Or we could just eliminate all subsidies and let the market correct itself.....

>>131009910

Instead we'd just have to subsidize the thousands of workers that would be laid off

>double the minimum wage
>Not realizing cost of living adjusts with minimum wage
>Not realizing your $800 rent will just become $1600

It's almost like the people that think printing more money will fix the national debt.

>>131011533
The idea that capitalism is at a breaking point really, though its been used since around WW2

>>131010538

Your not counting the increase in profits that will come from people having more money to spend, tbqh any money given to the poor (in tax breaks, wage increases or any other form) is a much bigger boost to the economy than money given to the rich, the poorer you are the higher your marginal propensity to consume.

>>131011804
People misuse the term inflation in this context. Raising minimum wage doesn't increase the money supply. And in general, prices don't increase either. If minimum wage is raised higher than the equilibrium wage, it's usually labor that gets cut.

>>131011967
I thought it was used to describe a service based or post manufacturing capitalist economy

>>131011691
>>131011831
>>131011960
>>131010538
>>131010099

Its funny how /pol/ praises economics when it fits their agenda but point out that 99% of economists are in favor of free migration and they start shittalking.

Seriously, the amount of doublethink in this board is fucking hilarious.

>>131011969
That's just a short term boost. It doesn't last in the long run.

>>131011691
More like
>Wal-Mart can afford the hike while small businesses cant
>Wal-Mart and big boxes get more business

>Implying the US has to be a welfare state.
the commie purge is long overdue

>>131012192
I think you are right in the historical sense. Now days people use it in the other sense, or as a sort of catch all for problems in capitalism

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>implying people should be able to feed a family by standing at a cash register

I had a few friends in HS who worked at Walmart. One worked up to the pharmacy asap for the crediential assistance and pay raise, other became a shift manager. There are literally 20-year career retards who will be content never being promoted past the cash register.

Wage slaves are slaves at heart. No amount of redistribution of wealth will fix their incompetence to care for themselves, infact it will exacerbate it.

>>131011969
>less people will be working, but the people who are still working will have more to spend.
WOW, that sounds absolutely wonderful!

To be quite honest, I don't care much for the pragmatic side of the debate, even though it supports my position. I'm a libertarian; I think that the minimum wage is a violation of property rights.

>>131012193
Because there's more to life than jew dollars schlomo. Yes, more immigrants will probably lead to a higher GDP and consumption. It doesn't mean I want to live in a sharia shithole.

>>131012193
>muh GDP
You're a fuckin nigger.

>>131012193
>appeal to authority figures

kys

>>131012193
Immigration from 3rd world destroys their country of origin and reaps rewards for top 1%
There already is existing insane unemployment rate in the west when compared to annual immigration

>>131011533

Corporations have been consolidating power even more because of globalization and emerging technologies. I guarantee you those so called socialists use goods and services provided by corporations every day, including OKCupid being the immediate example

Amazon is a prime example of the ever-expanding megacorp.

>>131012193
This post stinks of something, can't quite put my finger on it

>>131012193
It's funny how /pol/ praises free migration and then when /pol/ does that, /pol/ criticizes free migration.

/pol/ is a stupid fucking guy for real.

>>131010538
Fire who? They already employ the bare minimum people to keep the stores running. Every fucking time I have the misfortune of shopping at a Walmart, there's like two checkout lanes open out of 20 and no floor associates to be found.

>>131009910
Lol 15 dollars an hour and walmart only has self checkout and shelved stocked with a system of tubes

>>131012193
Thanks for assuming my political opinions without actually knowing anything about me.

>>131009910
The American taxpayers won't have to subsidize shit when a $15 minimum wage results in robot employees that pay for themselves in a year and don't require the employer to pay taxes, healthcare, and other expenses associated with a human.

Yeah he's wrong. You don't get welfare if you work. Even at WalMart.

>>131012193
>what is GDP per capita

Kill yourself retard

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>>131009910
>These days, the American dream is more apt to be realized in South America, in places such as Ecuador, Venezuela and Argentina, where incomes are actually more equal today than they are in the land of Horatio Alger. Who's the banana republic now?
>US Senator Bernie Sanders, 2011

>>131012214

How exactly do you reason that? Poor people are always going to spend more money as soon as they get it.

>>131012392
Are you dumb or just trolling?
>Minimum wage goes up
>Cost of labor goes up
>revenue increases
>Increase in cost of labor offset by the revenue increase = nobody has to get fired.

>>131009910
Walmart at least pays its taxes unlike Amazon.
Still won't shop at that warehouse of welfare

>>131011681
Then if we look back through history at all of the minimum wage increases we would see what you're talking about, right?
...right?
No.

People are paid more money so their bosses make less money. There isn't suddenly more total money, it is just more evenly distributed.

Idk why every time you point out that wealth distribution is more lopsided today than ever before and that it has serious consequences to economic stability and public welfare that they plug up their ears and hum.

Rich people do not buy a proportional amount of consumer goods the richer they get. They buy particular luxury goods which do not contribute nearly as much to the greater economy. They simply make other already rich individuals even richer. Buying $1000 of shit from a bunch of different stores creates a lot more labor circulation than buying a single bottle of $1000 wine from a single person, and eventually having so many more millions or billions of dollars than you need drops off general spending entirely, and that money goes straight into a bank (inb4 someone implies banks invest all that money into the general consumer economy)

Meanwhile the bottom half of the economic bracket throw nearly 100% of their earnings right back into the consumer markets almost immediately.

>>131009910
>Is he wrong?
Yes, he's wrong. He doesn't understand even the most basic principles of economics. If you raise minimum wage, most of the employees will be out of work and cost of living will rise in proportion to the total business expenditure increase.

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>its a commie thread

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>>131009910
> If people don't want to better themselves, then it's your duty to fund their lifestyle demands

>>131011381
How is our economy fucked? Our economy is the worlds strongest retard.

>>131009910
At some point, 56% of Americans will be in the 1%.

Just destroy the welfare system.

Also, it's funny that Bernie's talking, considering that his tax rate is 13%.

>>131009910
$15 an hr is still a low wage, he wouldnt know he is a Senator.
If this wouldnt cause inflation , they would have made minimum wage $100 years ago.

>>131012698
>Minimum wage goes up
>Cost of labor goes up
>revenue increases
>Increase in cost of labor offset by the revenue increase = nobody has to get fired.
No, the employees will always use less money than what they are paid, so the company will be losing money.

>>131011533
>Do you believe that we're in late capitalism
Yes.
>Is socialism inevitable
In the long run, yes.
>It seems like a bit of an echo chamber
Yes. If you want conservative partners, go to the "normal" dating sites.

>>131012801

Raising minimum wage does not result in crazy inflation, maybe you should stop spouting shit you heard on /pol/ and actually go take an econ course because they teach you to actually look at empirical data instead of just spouting retarded shit that makes you look stupid as fuck.

>>131012698
Because raising minimum wage doesn't actually raise real wages. Real wages are set by the market. Raising the minimum wage will temporarily give you a consumption boost, but the market will then adjust back to whatever the new equilibrium is.

>>131012884
>Our economy is the worlds strongest retard.
Yours is, but mine isn't. That's your fault. You made the rules to favor yourselves and your little dramas, liberals.

>>131011691
You can't create robots to make sure niggers don't steal shit. You can't create robots to re-stock the shelves after niggers throw all the shit off the floor. You can't create robots to give niggers refunds for stuff they purchased and wore for one day and want to return.

>>131012698
Revenue doesn't matter when your profit margins are zero due to rises in labor cost.

>>131013035

>No, the employees will always use less money than what they are paid, so the company will be losing money.

Sorry bro but thats just straight up false.

>>131011685
That's not at all true. Walmarts generally don't treat theor employees well

So basically a similar argument that IP holders use to calculate "lost" revenues from piracy.

It's assuming Wal-Mart is just going to take the hit from higher wages and nobody gets replaced by auto checkout and online shopping.

>>131012884
Meant for this dumbass>>131011482

>>131009910
Walmart earned a 3% profit margin, if the minimum wage was increased to five dollars it would drive the company to a halt

here ill just post the article im talking about and you're free to refute it

http://www.aei.org/publication/every-month-walmart-gets-one-profit-day-from-its-sales-while-apple-gets-7-5/

theres also the argument that the wage gap was originally meant to hold down blacks, as unemployment has lowered since the initiation of a minimum wage, and theres also the fact that the majority of people on minimum wage are under the age of thirty and do not have a family...

>>131013037
facism is next up.

>>131013230
I didn't day anything about your economy?

>>131013086
>Real wages are set by the market
>t.slave to the market
Humans are supposed to control the market, not the other way around.

>>131013214
>It's assuming Wal-Mart is just going to take the hit from higher wages and nobody gets replaced by auto checkout and online shopping.
Like Ford, they're essentially paying their own customers to shop there. That's how economies work, in case you hadn't noticed.

>>131013290
>facism
That's what the bourgeoisie usually does to stave off socialism, yes. The wild card is whether socialists are going to take it sitting down or not this time around.

>>131013086

Real wages= wages adjusted for inflation, if minimum wage goes up and inflation doesn't go up then real wages increase.

>>131012836

Just the bare necessities of modern life

Even the least among us should have those

>>131013214
Auto checkout is being rolled back. Too many ppl (negroids) stealing.

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>>131009910
This is part of arsenal of tricks that TPTB have.

Bernie is right in this specific quote. Other times he is wrong.

So now you have all republicans opposed to everything Bernie says, including this very correct quote.

So who will admit they agree with this quote? Bernie supporters which has become a group of outcasted people.

The growing surgency of ideas expressed in this quote have been quelled.

Now we either disagree with this idea because Bernie said it and Trump did not, or we are outcasts and no one cares.

Think about it, you think the Walton's deserve all that fucking money while walmart employees deserver next to nothing?

>>131013474
>muh negros
Always blame others for your bad ideas that put people out of work, huh NEET?

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>>131009910
He is not wrong, but minimum wage has to increase naturally, forcing the wage up will only allow companies to increase the cost of living.
The only way pay will increase for shitty jobs is if we don't have enough people to work them. Anything else and supercorps will just take advantage of the situation to protect profits and manipulate the market.

Why don't we just do away with government mandates, and all taxes for corporations?

This guy is such a dumb fuck.

>>131012352
>There are literally 20-year career retards who will be content never being promoted past the cash register.

When I worked at Walmart there were tons of people that were there 25 years or more that never went beyond low level associate. Most of which had no interest in taking a promotion because of all the extra shit that comes with it.

And a promotion isn't worth it, I took a supervisor position and soon after my team was better than we were when I started. That basically led to them constantly wanting us to do more, and every 2 weeks they would raise the bar. Then they would take people away from me and stool expect the same amount done if not more with less people.

Plus management is never on the same page, there was never a right way or wrong way to do anything. How things were done was more dependant on what managers were there that day.

If you work at Wal-Mart never take a promotion, there were times that jumping in front of a moving train sounded more appealing than going back to work.

>>131013182
>People will go into debt because they're wages were increased.
Are you retarded? Most people want to save money, if they're being paid $16 an hour, they're not going to spend more than that. If a wage is increased by $10, an employee might increase their spending at that place by 5-7 dollars.

>>131013547
Except I work for a grocery chain, and the company decided to get rid of them literally because of missing inventory.

>>131013614
did I actually put they're instead of their?
I'm retarded.

>>131009910
Funny how the Jew only calls out a rich white family. Why does he not call out the Jews who own similar companies and hold a much more disproportionate amount of wealth in the country?

The only good jew was Barry Goldwater.

>>131011094
The people working there can't get a better job so they are happy that they even have one

What loopholes are they using?

I agree with you that the foodstamp program is a scam and that it should be cut immedidiatly

>>131013440
Hopefully I'll be dead before that's decided.

>>131012193
Economics isn't everything, losing your culture identity is sucide. Also this studies you sight discuss illegal immigration but welfare illegal immigration. People like you are a cancer.

>>131013440
>thinking that people can control the market
This is why leftists are retarded.

>>131013195
Yeah they bumped everyone up three years ago. Between the $3 /hour of scheduled raises in your first few years, COLA adjustments, and shift differentials you can make decent money. They also have a 3% matching 401k, employee stock purchase plan, and a decent healthcare package including vision and dental.

Odds are in 10 years Wal Mart will not be considered an entry level job.

>>131012352
This! Some people don't want responsibilities.

>>131013168

>Profit margins are zero.

This is actually the first decent argument so far.

Anyways, labor costs are not even close to 50% of the cost of production for basically any firm except for a handful so while there may be an increase in costs it really depends on how big the increase in cost is vs the increased revenue, and empirically speaking we can see that firms do fine with increased labor costs.

I am also highly skeptical that profit margins are close to zero anywhere.

>>131013730
>What loopholes are they using?

http://www.jwj.org/walmart-pays-less-in-taxes-by-paying-executives-more

>>131011533
I do believe that something similar to socialism is inevitable but that it will not be anywhere near as good as these people imagine it to be. Yes I do think a UBI will happen but they're not going to give you a good life with it. I believe the goal is to eliminate the middle class all together and force everyone except the rich into the lower class.

>>131013441
You're spouting nonsense economics in this thread. If real wages go up, then unemployment must necessarily go down since the cost of labor goes up. Earlier you said:

>Increase in cost of labor offset by the revenue increase = nobody has to get fired.
This makes no sense. If the increase cost of labor is perfectly offset by the revenue increase then why not just raise minimum wage to $100 an hour? You surely don't think this will all just work out do you?

>>131013440
>Humans are supposed to control the market, not the other way around.
Fuck off commie. Planed economies fail every time.

>>131013886
Labor is usually the biggest cost for most firms.

>>131011804
Try explaining that to realators. They will always rip people off

Yes he is wrong. Also the whole Walton family are huge Democrat donors. Fuck that kike, he'd shit his depends if he had to be President.

>>131012728
This is exactly not how it works.

The people above minimum wage (less of the employed population) do not see scaling raises that match minimum wage.

Minimum wage goes up so previously people who were, in theory, frugal, can be spend more.

What actually happens is:
People who work at minimum wage are awful at managing money, so first of all raising minimum wage doesn't help them - they're stupid to begin with in almost all cases.

Then what happens is their income tax rises, because the government doesn't actually scale or change the tax brackets, so they pay more tax which obviously government loves.

Then prices for medium tier goods (TVs, phones, etc) start to inflate because companies figure out that they could increase their bottom line by charging an extra $20 bucks here or there.

An alternative to all of that is that if human labour becomes less cost effective than a machine, companies will automate or move shit to India.

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>Cost of living keeps going up
>People want wage to remain the same

Help me understand your reasoning

>>131013614
>Are you retarded? Most people want to save money,

Do you understand what the marginal propensity to consume is? If not I suggest you look it up and read up on the differences between the MPC in the poor vs the rich.

>>131013700
Check that. My bad. At least they're not totally brain-NEET in the C suites there. In any case, that's actually good news.

>>131013761
>Economics isn't everything, losing your culture identity is sucide
You're talking to a room full of Ferengi wannabes, anon.

>>131013931
>Fuck off commie. Planed economies fail every time.
>muh 23rd psalm
You are not a force of nature, amerifat. You're a murderer. You have never let one grow to the point where a proper comparison can be done. When the US has finally been destroyed, perhaps a proper controlled experiment could be done.

>>131013614

You give way, way too much credit to the average person working minimum wage. These are, by and large, the people that WILL go buy a 70 inch television and new Nike's every week, wrack up credit card debt, and then complain about how broke they are.

Minimum wage increases don't fix stupid.

>>131013761

>Economics isn't everything,

Thats great, I hope you remember this the next time you argue against universal healthcare or raising minimum wage.

>>131014141
The Waltons donate to the other wing of the Democrat Party, the neoliberal wing. Not Sanders' wing. Young Republifats' future employment depends on not making that distinction, but the rest of us are in the other boat.

>>131013886
Wal Mart only runs like 3% profit. Yeah that's still billions of dollars but their payroll costs are likely insane.

Dudes just kick out your illegal immigrants damn burgers. There will be less people competing for the jobs and the wages will increase as part of free competition

>>131014662
White people aren't applying for the jobs Spics are doing.

>>131013931

>This makes no sense. If the increase cost of labor is perfectly offset by the revenue increase then why not just raise minimum wage to $100 an hour? You surely don't think this will all just work out do you?

I never said that and increase in revenue would perfectly offset an increase in labor cost, I think in a minimum wage scenario an increase in revenue would be much higher than an increase in labor cost thereby offsetting the cost AND bringing in extra money.

>>131014254
Yeah, but they're not going to go into debt just because they're being paid 15 dollars an hour instead of 7. I even gave an example of MPC in my argument. No matter how much someone is paid, they won't spend more than that unless they're stupid.

>>131011715
>cut welfare
>witness the ensuing madness when suddenly millions of working class families cannot afford food
>he is unironically OK with this
What a fucking retard

>>131014745
If spics weren't here doing them, the conditions for those shit jobs would have to become more dignified. What's wrong with that?

>>131013327
and you better keep it that way or I'll slap a big ole American missile up that commie ass

>>131009910
>"If minimum wage went up, the cost to produce and supply goods would go up, therefore prices would not go up."

You fail basic economics.

>>131014806
If spics weren't here those jobs would just be pushed onto other existing employees.

Big talk like
>>131014809
is how you know the USA will be taken over from outside within 20 years.

>>131014819
The relationship is sub-linear.

>>131014916
And, because you believe in sucking your employer-lord's dick, you'll absorb it like the cuck you are. Can't you amerifats think past your own next move?

>>131009910

If the minimum wage went up, walmart would cut jobs to keep their profit margins. You'll have shittier service, because they'll rely on self-checkout and raise prices to make up the difference.

>>131014745
Yes and the low pay is the main reason. Throw jose out the big companies going to have to pay a minimum wage that people are actually willing to work for without government forcing them too, this would solve a lot of problems

>>131012728
>People are paid more money so their bosses make less money. There isn't suddenly more total money, it is just more evenly distributed.
but companies are not entitled to a certain profit margin, if their profits do not reach a certain standard and there is a minimum wage to be meant then those companies will be forced to fire people, instead of just downsizing their salaries since they wouldn't be allowed to, or worse the company could take up debt


and as for your next paragraph which seems to me to address triple down economics

the point of cutting taxes is not to make the rich richer, but it is to make everyone rich through there own means. People will always find ways to avoid taxes. And it's absurd to suggested that everyone in whatever the bottom bracket accounts for is spending all of their money on consumer goods only. Moreover the rich do not just spend all of their money on high end goods. They use their wealth to create more opportunities and more wealth which benefits everyone. Poor countries were free market aspects are adopted into the economy increase the living standard of everyone, and raise everyone drastically out of poverty. The Scathingly poor are not poor because of abusive capitalist. They are poor because the government keeps them in a state of limbo where they are kept on welfare and are not encouraged to succeed in any realistic fashion in their economy

>>131014142

>People who work at minimum wage are awful at managing money, so first of all raising minimum wage doesn't help them - they're stupid to begin with in almost all cases.

This is irrelevant, as long as they are spending money on actual goods that money is benefiting the economy more than some rich faggot who is going to spend 100k on some fucking painting.

>Then what happens is their income tax rises, because the government doesn't actually scale or change the tax brackets, so they pay more tax which obviously government loves.

I agree

>Then prices for medium tier goods (TVs, phones, etc) start to inflate because companies figure out that they could increase their bottom line by charging an extra $20 bucks here or there.

Theoretically this should not happen because of competition.

>An alternative to all of that is that if human labour becomes less cost effective than a machine, companies will automate or move shit to India.

This is going to happen anyways we may as well speed it up.

>>131014985
>Anon Go clean that bathroom
>No
>You're fired

Haha, yeah well at least im not a cuck!

If there are no downsides to increasing the minimum wage, why not make it $100/hr?

Oh that's right, it's because their are downsides, and dems just want to get their constituents gibs so they can be re-elected. Thankfully most of the cities doing this were already close to 15 naturally, so it's too marginal a change to significantly fuck anything up

>>131011960
Could you point out one (1) example of one (1) time that minimum wage increased, and inflation increased proportionately? I'll wait, it shouldn't be hard if what you say is remotely true (hint: it's not)

Here in good ol crook county Illinois there is a minimum wage increase that goes into effect next month, and cities all over have weaseled their way out of having to comply with it.

Increasing a minimum wage won't do anything if cities and companies can weasle out of having to comply with it in the first place.

>>131015216
Rich faggots invest the money and provide the liquidity for the economy to function.

>>131014985
>Big talk like
I bet you're a hoot at parties

>>131015240
If that is a comical concept to you, you really are a cuck.

Yes you leave a job with shitty working conditions

Do people realise a minimum wage increase is basically subsidized by everyone making over the minimum wage?

It's basically a tax that hits everyone immediately above the new minimum wage (16, 17 dollars) hardest while everyone making more is hit, but not nearly as hard.

You're basically helping the lower 25% at the expense of the lower 26% to 50%. Yes, you'll "hurt" the "man" for a little bit, but you're absolutely killing other only slightly less poor poor people.

>>131015474
Show me one time where the minimum wage increased and people got out of poverty and we'll call it even.

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>>131015012
>the danish socialist knows about market failures
>the amerifats think the very name is blasphemy
Cheers good Dane.

>>131015240
Sorry, potty cleaning is a part of life. That one sounds like it'll work itself out quickly enough in favor of a $40/hr cleaning lady.

>>131015307
The chart to the left suggests that there is room for $15/hr, if not $18/hr. It clearly does not suggest that there is room for $100/hr.
Your pasta is stupid and easily debunked.

>>131014755

>Yeah, but they're not going to go into debt just because they're being paid 15 dollars an hour instead of 7.

Really? Look at household debt during the period of 1950's-2000 and pay close attention to the period where average wages stopped increasing as much.

>No matter how much someone is paid, they won't spend more than that unless they're stupid.

I don't understand your example, specifically why you said that a person would spend 5-7 dollars in a specific place. A store has many more customers than it has employees so if 20 customers spend an additional $1 then it would offset a $5 wage increase for 3 employees for example.

>>131009910

Socialism has never worked in a large country. Hell, it hasn't even really worked in small countries. Someone like Sanders, who honestly believes in the ideology, can't understand why what he is saying makes no sense. First off, we aren't even in a free market capitalist system, we have a limited free market and we are under a crony capitalist system. Google it.

People who demonize free market capitalism just have a lack of understanding of what it is.

>>131009910
Yes that's actually retarded

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>>131015671
here's the real graph.

>>131012548
Everything I need to know about your political ideologies I can garner from your meme snek flag

>>131015671
It has nothing to do with there being "room" for anything. It's a challenge to the principle of baseless wage increases in general, and apparently it flew about 20,000 miles over your thick fucking head

>>131015571
So you miss used both the term subsidy and tax. Why should I listen to some one economically illiterate¿

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>>131009910
Amazon is worth 2 Walmarts. so yup he be wrong

>>131012636
Sorry but you're wrong. You cam recieve forms of welfare even if you are employed. See Medicaid, WIC, and foodstamps

>>131011969
Make up more shit.

>>131015511

I agree that some of this money goes into proper investments but a lot of it doesn't, for example people who invest abroad, people who buy expensive as fuck luxury items etc.

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>>131009910
no he's not wrong
Walmart is getting subsidized by the existence of welfare.
Remove the subsidy

>>131009910
B..but rising cost of production bros...

>>131015954
>log plot for a first order relationship

I'm on your side but GTFO with that nigger shit

>>131016029
Why should I listen to someone literally illiterate?

>>131009910
18 months ago walmart announced across-the-board wage increases and the stock dropped nearly 10% soon after. he doesn't know what he's talking about

>>131015954
What the fuck is the Y variable?

>>131012801
Except this has never happened any time the minimum wage has increased, dumbfuck. You don't know even the most basic principles of economics, faggot.

>>131015875
Why would twenty customers suddenly start spending an additional 1 dollar?

My example was basically this: if someone is paid 10 dollars, they will most likely spend less than that (the example had it at around 5-7, but it's actually less than that). Normally they wouldn't spend it at only one place, but I assumed that they would just to make the example more simple.

>>131016103

http://www.econ2.jhu.edu/people/ccarroll/papers/cstwMPC.pdf

You can literally google this shit and just use common sense.

>>131013030
Increasing minimum wage has NEVER increased inflation

EVER.

>>131016438
has here

>>131012543
Most big businesses will invest in expediting automation for long term savings, putting people out of work faster

I'm no fan of the status quo- women's "liberation" and high immigration have depressed wages. but artificially enforcing higher wages for low end jobs will probably do more harm then good, especially for small businesses that are already struggling to compete

>>131016107
A rich person may own lavish things, but it is generally a very small portion of their wealth. That guy who bought a million dollar painting? Yeah, he's also got probably 500 million invested.

Might as well chastise the average Joe for going on vacation and spending his money out of country

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>>131016018
>It has nothing to do with there being "room" for anything. It's a challenge to the principle of baseless wage increases in general, and apparently it flew about 20,000 miles over your thick fucking head
How is general abundance and the maintenance of a civilized labor share of GDP not a basis for wage increases?

>>131016312
What if, and this is just a far out theory here, people buy into Walmart not for the purpose of making money, but for the purpose of creating and reproducing low wage conditions as a norm?

>>131015954
>real
>think-tank
Muh alternative facts are why I filter gadsdenfags.

>>131013459
Says who? Where does that come from? Who pays for it? Your castles are built on sand. Think--it ain't illegal yet.

>>131016383

Well now in this case we actually have to see if that's true or not don't we.

Speaking from personal experience and what I was taught in my econ classes, poor people will spend almost every extra dollar they make.

>>131013495
You

Don't

Need

This

Many

Spaces

Faggot

>>131011185
There are two types of racsist in this world, the ones who use racism to support an argument, and those who use it to avoid arguments. You're a cunt.

>>131009910
kind of, mostly wrong.

raising the minimum wage would just make the (((fed))) start printing money again right after the jews crash the market.

>>131012193
The economists just look at humans as if they're all the same, worker is a worker, all you need to is teach the worker the skills required for his/her job.
They don't take in account that many of the Islamic refugees will never educate themselves, they never intend to work, they intend on milking the generous welfare of the European nations, and they will prefer to live in their own enclaves rather than assimilating to the general populace. And the result of this is not economic boom, but the destruction of our economies and with it, the end of white western civilization.

>>131009910
Yes he's wrong
He's scapegoating walmart, despite that walmart is probably one of the best ways to work your way to management in the entire country.
They ALWAYS pay above minimum wage (it's company policy) and you get set raises every year (usually between $0.50-1$ an hour, translating into 2-4 grand a year). Not to mention that after working for a year at the entry level (which requires no experience), you're pretty much eligible for a promotion if it becomes available. That promotion usually includes a 2-3 dollar an hour promotion (4-6k a year).
After (I think) 5 years, you're eligible to rise from a department manage up to a higher level manager that is basically a floor manager. That too comes with a pay raise (on top of the pay increases for working there for those years) meaning you'll end up making triple what you started at, in just 5 years.
Put in 10 years and you're fast tracked for the store management program, which is quite good pay, and salary (floor manager might have been bumped up to salary now too).
So you start out making 8 an hour. A decade later, you're a store manager making 92 a year.
And full health benefits
and stock options
and 401k

If you started working there at 20, you could be getting all that by 30.

Tell me again how walmart's the bad guy because the waltons have money? Especially considering the bulk of that is inherited wealth, not money they're earning year to year.

>>131016539

>A rich person may own lavish things, but it is generally a very small portion of their wealth. That guy who bought a million dollar painting? Yeah, he's also got probably 500 million invested.

Yes but every rich person spending a million dollar painting is going to be a shitton of money.

>>131014798
They aren't working, dude. Dont believe the hype.

>>131011094
If Walmart is so bad, and pay people such shit wages, went do people work there??
> Barely employable in the first place

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>>131009910
He's not wrong about subsidizing the poor. Here's what he won't tell you: We subsidize fruit picking Mexicans to the tune of billions of dollars. Everybody says the price of fruit would go up if we shitcanned the spics by perp walking them home, well guess what you dumb fucks? You're already paying out the ass for that fruit through the money sucked out of your pockets for education and healthcare to spics.
Watch out Bernie, you're making my arguments for me dumb fuck.

>>131016588
Their average full time employee makes $13.38 an hour and their average part time employee makes $10.58 an hour.

People probably buy into Wal Mart because it's a well run company.

>>131009910
Walmart workers should form a union. It would probably solve everything and then some, becoming too powerful. The only reason this doesn't happen is Walmart is good about stopping it before it takes off.

>>131016588
The only basis for wages is supply and demand. As long as people take shit jobs for shit pay they "deserve" to get shit pay

>people invest in Wal-Mart to with the express purpose of perpetuating low wages

This is how I know you're retarded

>>131013892
that's not a fucking loophole
>you don't have to pay income taxes on money you pay your employees

That's the entire point of the law.

It's not a loop hole, it's a purposeful, good design. There's nothing wrong with it. Why the fuck would they pay income taxes on money they don't keep??

>>131014559
They could run at least 5% profit if they only paid executives 50x minimum wage

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>>131012193
>99% of economists are in favor of free migration
That's because they're dinosaurs who fail to account for the mass supplanting of the labor-force by automation.

>>131016863
Because you have decided that the alternative is to get involved in the black market or starve to death. Those are the choices le branded right wing have forced upon them.

>>131016889
Is that after the raise, or before?
Whether or not it's a well-run company in itself is independent of whether it's a well-run workplace or whether it's a well-run consignee of vendor goods. >>131017079 also suggests that it's a social engineering matter.

>>131016905
>unions form
>walmart fires everyone that joins the union if they're in a right to work state
>no union formed next time

Unions are the free market solution to legislation. You can't have both.

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>>131009910
>ITT: dumb commie faggots who don't know how investments or capital gains works

This is why you're poor anon. And why you'll always be poor. Rich people don't just keep scrooge mcduck style vaults of gold coins and go fucking fish money out when they want to buy a yacht or a boat. Jesus christ, just do us all a favor and lobotomize yourself now. Or at the very least, look into getting sterilized.

Also people like you are why this faggot jew who never had a real job will remain in congress despite never getting anything done. Was it really that hard to just pay attention to someone for an hour and a half in school ? You're actually worse than the niggers. At least they have an exscuse.

Seriously, take your fucking head out of your ass and look at his track record. Other than lecturing everyone and virtue signaling this faggot kike has seriously only renamed a couple of post offices. That's his major legislative achievements.

Sage. This thread is cancer. kys

>>131014819
You failed macroeconomics. Point out 1 time inflation increased when minimum wages increased. Just 1 time. I'll wait.

>>131011094
>Have a workforce working walmart with low wage for a long while without issue
>make it so that even middle class can use food stamps now
>people working on walmart start using it
>blame walmart for paying too little to their employees
Leftism is a mental disease.

>>131017168
>That's because they're dinosaurs who fail to account for the mass supplanting of the labor-force by automation.
I think it's more likely economists privately account for it and, due to their perverse moral indoctrination, believe the outcomes of that course of action are the best available.

>>131009910
he is mentally ill

he needs assistance .help him please

>>131017079
Then you wouldn't attract good executives

>>131013459
Smartphones, internet and other luxuries are things Democrats and SJW's feel are necessities. Sorry, they aren't.

>>131017184
>Is that after the raise, or before?
they've been increasing their wages for years.
I think they're up to a 10/hr minimum now.

>>131012193
holy shit, you can apply economic principles and logic without agreeing with the faggots who want to replace their gene pool with shitskins and turdmen
consider me baited, i really dont think anyones this fucking stupid

>>131017184
There are companies other than Wal-Mart where you can work. You can make a living doing basically anything these days. That's your choice. Not Wal-Mart or starve

>>131017215
There are companies with unions in right-to-work states. Right to work prevents unions from enforcing ridiculous dues by preventing unions from forcing everyone to be a member of the union.

Companies can pretty much fire you for any damn reason anyway. They'll make something up if they have to.

>>131016505
When? Cite specific examples

>>131012193
are you that fucking dense? /pol/ is not 1 person, its a lot of people with different opinions.

>>131017184
That was their figures as of 2016. It's all on their website. They're very proud to be paying out billions more in wages.

>>131017079
CEO makes $22 million. Net profits were like $16-$17 billion. One of the only b&m retailers doing well these days. If anything he's under paid.

>>131009910
Sanders is the scripted socialist meant to look rational and decent among his peers int eh RNC and DNC who are scripted to look like retards. Youll start seeing many more logical socialists as the elite prep us for autocratic communism. One method is making capitalism look like shit, which is currently underway, and our political system look retarded via retarded politicians who refuse to do anything that makes sense.

All part of the plan. He may have lost but created a following. Trump can ruin this by doing logical things people voted him in to do, which is why the establishment is doing everything in their power to not allow him to do logical things people want.

>>131017553
It's hard to find specific examples to back up either argument, you fucking pest. The economy is too complex to simply look at inflation data and minimum wage data and make a one to one correlation empirically. That's why these things are debated in theory. Notice how you can't provide any data that shows that minimum wage inceases help people escape poverty either

>>131017462
>There are companies other than Wal-Mart where you can work
If there are ten dogs and nine bones, someone's inevitably going without, and "they'll think of something" isn't an argument. You need to prove your claim is true in every case if you want to claim that there is not a market failure to clear here. The existence of the term "structural unemployment" disproves your facile attempt to transfer the blame away from that which profits you.

>>131017674
>/pol/ is not 1 person, its a lot of people with different opinions.
>different opinions
kek

>>131017742
>One method is making capitalism look like shit, which is currently underway, and our political system look retarded via retarded politicians who refuse to do anything that makes sense.
Since 1789, nigger.

>>131017797
>you can't provide any data that shows that minimum wage inceases help people escape poverty either
You don't need a source for this. Poverty is a well-defined threshold of income. If you assume some given person makes only minimum wage, and you increase that enough to be above the poverty line, then by definition
>minimum wage increases help people escape poverty

>>131010099
You are right about the correlation of increased wage increasing inflation because of higher money input. However, for this situation it is not the case. Raising the minimum wage does not increase inflation proportionately because:

1. The lower bar of income is being raised which will only affect people earning minimum wage. While this is a lot of people the United States dollar is not quite so sensitive to changes in wage rates, especially.

2. Consumption to savings ratio for lower income individuals is not equatable to other brackets. Consumption will most likely remain the same and market demand will only increase marginally. This means that people will most likely save slightly more, and price indexes will only fluctuate in the short run.

Now bear in mind, I am pretty educated in Economics, and almost NEVER agree with Bernie Sanders on things, however he has somewhat of a good point on this, not saying he invented the idea of raising min wage.

The most immediate and obvious negative side to this would be a reduction in the labor demand for people earning min wage and an increase in labor demand for people in the technical skills proportion of the labor force. Also companies will most certainly push intensely for automation as a machine supplament to labor. This isnt new though, Automation is preferable just from a tax point of view, considering income on labor and income on capital productions are taxed at very different rates.

Conclusion: It depends...

>>131017910
>You need to prove your claim is true in every case
this is how I know you're a fucking idiot.

>>131018015
Kek, that's theory you dumb nigger. Same logic you were just chastising. Stay pathetic, faggot

>>131009910
Yes he's wrong.
>minimum wage goes up
>cost of automation becomes more attractive than cost of massive workforce @ $15+/hour
>many in walmart workforce laid off
>those who were once merely subsidized are now unemployed
>if their skills weren't worth $15/hr before, they sure as hell aren't now
>those who were once employed by walmart become chronically unemployed
>Mart family continues to be filthy rich.

>>131009910
he is maybe the only jew in america who doesnt seem to understand that there is a market for labor. if they raised the minimum wage floor what would end up happening is all those box stackers will get cut and end up on bennies

the first video here is obamas financial guy throwing cold water on muh 15 retardation. if anyone really wants to watch some pretty objective videos on econ shit, i urge you to watch khan academy. they are straight forward, non political videos used in business schools

https://www.youtube.com/watch?v=a_U8bWSkY_8

https://www.youtube.com/watch?v=j0c2vmFGbtk

>>131009910
yes

>>131013195

You are wrong.

You cannot maintain a customer facing workforce that big if you are that shit. There are plenty of people who weigh 300 pounds working there, they aren't being run ragged. If the people look like hell, your customer base gets the bad feels every time they come in.

By comparison, amazon forces their order pickers to be on the move constantly. You need to pick an order every 30 seconds for 10 hours straight. You are not customer facing, so there is no need to make sure you arent so exhausted that you look like death warmed over. Meanwhile, they actually pay less than walmart.

Icing on the cake is that amazon has twice the market cap and 1/4 the employees. They could afford to pay their order pickers $20/hour but don't, and they will never be criticited by socialist scum like Sanders because Bezos has deep lobbying pockets.

>>131018306
>Same logic you were just chastising. Stay pathetic, faggot
You'll notice I'm actually a different anon.

>>131016029
I think you might want to retake a few of those ESL classes if you couldn't comprehend that post, Juan.

>>131018015
Feel free to investigate the poverty numbers after each minimum wage increase.

Then contemplate the nature of wages and their place in the budget of a business.

>>131013195
Walmart workers complain not because WALMART doesn't treat them well
but because the job they have to do is shit
They have to deal with walmart customers

>>131018321
>service at walmart gets shittier
>shrink rises
>prices rise
>people say fuck this and shop at CVS, Kroger, Costco, etc.
-
>""""""automated"""""" walmart looks crappier, more dangerous, has fewer SKUs and narrower selection
>""""""automated"""""" walbot runs over some kid
>people give up and go to Costco
Guess how I can tell you're American? You can't follow more than one train of thought at a time.

>>131018598

Walmart employees don't even complain.

It's Northern carpetbaggers who want to undermine Souttern businesses that complain while sipping a latte that coats half an hour of Starbucks labor and ordering dumb shit off amazon picked and packed by a free range slave.

>>131013440
Free market is like an ecosystem. If you leave it alone it will thrive on its own.

>>131018924

Nature left alone involves all the 2/2 wolves being eaten by 7/7 sandwurms.

Then it takes a literal wrath of God to fix the problem.

>>131018027
The trade-off is improved conditions for unskilled laborers, but increased unemployment in the unskilled labor market

>>131018432
Amazon's market cap doesn't have any basis in reality. It trades at like 180 p/e which is just absurd whereas Wal Mart trades at around 18 p/e.

>>131011960
The price of everything won't go up, that much is obvious.
Why would the price of a lawyer go up?
He's earning 300$ an hour
His receptionist isn't earning close to minimum wage
Nobody at their firm is earning minimum wage.
And it's not just lawyers, all kinds of things wouldn't have the proportional cost rise

>>131009910
Yes because in the absence of other economic controls minimum wage increases are a meaningless gesture.

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>>131009910
>The walmart family
Is he referring to the corporation itself as a family, or does bernie sanders really think the guy who invented Walmart... Was named Walmart?

Tip top kek
pic unrelated.

>>131009910
Just think how much money the tax payer would save if they simply got rid of food stamps. - Would also mean that Walmart couldn't get rich of them right.

Also think of the savings if all government workers went onto minimum wage instead of the over market price they award themselves - also with tax payer money.

>>131018924
>Free market is like an ecosystem. If you leave it alone it will thrive on its own.
I'm sure it will thrive by its own lights, but it doesn't do anything good for people if muh free market consumes our minds, our hearts, and our very souls to shit out as profit.


>>131018027
>Automation is preferable just from a tax point of view
That's a policy problem, then. Who sets policy and how do we destroy their lives?

>>131019366
>His receptionist isn't earning close to minimum wage
Not far above the new minimum desu. Executive assistants usually make around $40000 pa.

>>131019293

I know that, it just doesn't sound as good.

It is all still fact. Lefty douchebags order from a soulless and evil corporation while singing their praises.

>>131013440
Yes, humans control the market
When 7 billion people decide what they want to buy, and where they want to work they are controlling the market.
The market isn't controlled by aliens

>>131019502

Sam walton.

He says what he does because if he used their human names people might see these heirs as people.

Cant have that.

>>131019704
Ah yes Samuel Walmart. Brave man.

>>131012193
Hi Destiny.

>>131013892
How is that a loophole?
>pay employees more
>pay less in taxes
???

>>131012692

under rated desu senpai

>>131019648
>When 7 billion people decide what they want to buy, and where they want to work they are controlling the market.
That's only controlling half the market, at best, and not the half that has pricing power.
>The market isn't controlled by aliens
The other half of it is controlled by algorithms. Whether those algorithms are implemented by humans or machines, whether they allow for some modicum of intuition or not, they are mere machines. That's the problem.
Give up yet, neoliberal?

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>>131014253
You need to look at the reason for the increase in the cost of living.
Which is people have higher standards.
Things which were once luxuries (smartphones, internet connection,owning a car, and even prior to that things like Televisions, Microwaves, airconditioning) are no longer viewed as luxuries, but as necessities. People a hundred years ago lived without TV, internet, owning a car, smartphones or microwaves just fine.

>>131013474
The tech is shit also. You can do with less cashiers, but you need way more CSMs to keep the machines from shitting themselves. We aren't at that level of automation yet, despite the desperate attempts to make it work.

>>131009910
No he's not. As one of, if not the biggest employer in the u.s, with so many people following its bidding, and with so much wealth and power its a form of government. I don't work they're or care to. Shop there though and don't really gice a shit what Wal-Mart does. I can stop the morons that work there from also shopping there ad long with their entire nuclear and extended friends and Family. Vote with your dollars. Idiots.

>>131013611
Because you lose your job security when you get into upper level management. Low level flunkies always have a job so long as they show up to work and contribute something meaningful.

>>131015216
>This is irrelevant, as long as they are spending money on actual goods that money is benefiting the economy more than some rich faggot who is going to spend 100k on some fucking painting.
What's worse? 1000 people spending a hundred dollars a month on lottery tickets or one rich faggot buying a 100k painting once?

>>131017553
Look at the Australian cost of living

>>131019534
Minimum wage is 7.25
7.25 is 15k a year
PA make closer to 20$ an hour.

>>131018924
The Classical Economic approach does not work, the twentieth century proved that, the vast majority of modern economist would be provoked to intervine given some condition. Also market behavior is not fixed in long-run. Just doesn't work

>>131020039
Why are you calling me a neoliberal.
I'm just saying that market prices are decided by humans.
Even inelastic goods like petroleum, their price is dictated by how many people go work in factories that produce cars, vs the amount of people who become petroleum engineers, or work maintaining pipelines. Prices are set by humans every step of the way

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>>131009910
YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!
>YA'LL A BUNCH OF GREEDY, LEECHING FUCKERS !!

>>131012692
>land of horatio alger
Is everyone who dispenses this muh bootstraps meme just a latent pedo? Alger was.

>>131020073
>le hedonic hypothesis
>smartphones
Many if not most jobs in service and other industries expect you to be on call all the time. Employers are those who view these things as a necessity. As for smart vs. flip, economies of scale start to kick in hard at the hundreds of thousands of units per month level so it isn't really much of an extra cost over a flip.
>internet connection,
Necessary to even apply for some jobs in the low-end of the service sector. Also seen as a replacement for postal mail and newspapers.
>owning a car,
Many jobs at the low end won't hire anyone who doesn't have reliable transportation.
Employers increase THEIR standards to ensure there is always someone to replace someone who won't swallow their shit.
>People a hundred years ago lived without TV, internet, owning a car, smartphones or microwaves just fine.
People a hundred years ago were not quite so universally forced into the market to satisfy basic needs. There were mulberries, paw paws, apples and all sorts of other things growing wild that any kid or adult could just grab and munch. Outside of cities, there were no real tight schedules to adhere to. Cheap entertainment was more widely available in books, festivals, or just running off into the wilderness to play some imaginative game.
Also worth noting, Edward Bernays hadn't written his book on propaganda just yet.

>>131020854
I said NEW minimum, by which I meant $15/hr. What with smartphones, the internet, cars, and all that other hedonic degeneracy >>131020073 mentioned, PAs are becoming less necessary to executives.

>>131021056
>I'm just saying that market prices are decided by humans.
They are decided by those who have pricing power, and more often than not those entities, whether corporate or individual, are merely implementing rules.

>>131021056
You are right that the market decides price levels, but keep in mind, from a macro perspective oil is not purely demand oriented. US companies purchase oil on the international market from countries that normally dont operate purely capitalistically, meaning that our cartels negotiate with foreign cartels. Just remember that some products are a bit messier.

>>131021186
Okay, here's one difference.
3 of them are covered in gold
One is just an outside shot of a house.

>>131018787
>service at walmart isn't already shitty
>CVS, Kroger, Cosco, etc. wouldn't follow in Walmart's footsteps in $15/hour land
>"walbot" is only solution
>because self-checkout doesn't exist anywhere

>>131009910
Yes

>>131019366
>Why would the price of a lawyer go up?
>He's earning 300$ an hour
The $300/hour he's earning buys him less when the businesses he patronizes raise prices to cover payroll and unemployment insurance.

>>131009910
He is wrong because like most things in Economics, its a trade-off

>>131012543
Stop shopping at Wal-Mart then you stupid asshole.

>>131021269
>Cheap entertainment was more widely available in books, festivals, or just running off into the wilderness to play some imaginative game.
Libraries still exist.
>Necessary to even apply for some jobs in the low-end of the service sector. Also seen as a replacement for postal mail and newspapers
Libraries still exist. It's like going to the post office.
>Many jobs at the low end won't hire anyone who doesn't have reliable transportation.
You could bike, or work somewhere within walking distance

>>131021797
that's assuming the jew doesn't offset his rate's to compensate.

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>>131009910
no hes not wrong.
BURNIE 2020!

>>131012998
The federal income tax rate for someone who makes 35k a year is about 15%. You are fucking retarded.

>>131022016
Exactly what I just said.
The lawyer's purchasing power is diminished, so he raises his $300/hour to $500/hour to compensate. That's IF businesses don't simply lay tons of people off to keep prices competitive.

Check out these DANK
TAXATION IS THEFT
MEMES

http://riggedit.com/memes/

>>131009910
Not really but I don't think the solution of more government is the right one

>>131018787
>Employees playing jousting matches in carts during business hours.

You know how I know you're a nigger? You actually think that kind of service is "good".

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>>131021525
You missed the part about shrink rising.

>>131021850
>>entertainment
>Libraries still exist.
Without a car? What about the others, which arguably bear even more on the loss of the American character?
>>internet
>Libraries still exist. It's like going to the post office.
Like many public services, they are shutting down.
>You could bike, or work somewhere within walking distance
Prove it. Also try it in winter.

>>131011094
get rid of food stamps and welfare.

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>>131009910
>here's how Bernie can still win thanks to ossoff's loss

>>131009910
Why not just nationalize it and call it USAmart right? thats where this thought process leads.

Just the tip, just a little, just to see how socialism feels

>>131019293
Amazon doesnt have overhead like walmart. The efficiency is almost indescribable. However like anon one said they run a slave labor camp. People are forced to walk 15-25 miles a sift working 4-10s normally and 4-12's at peak. Almost everyone is wearing knee braces, and none of the employees can stay on long enough to take advantage of the health insurance that wont cover the knee replacements theyll need anyway.

>>131025645
>what is privately owned America Beer

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>Raise minimum wage to $15
>establish UBI program for everyone
>raise taxes on corporations and the upper 1-10%
>make college tuition free, regardless of major
>single payer
>assume new taxes will cover inflated tuition costs, universal gibs checks for laid off peeps who aren't worth $15/hr and single payer costs.
>Do nothing to return to sound monetary policy,
>continue narrative that everyone is a victim of global elitists and there's nothing they can do to personally to improve their situation, it's all in the hands of those slimy bastards who made money in a way you poor schmucks could never replicate. Hand out more gibs
>Do not evaluate how easy movement of capital and labor across borders might be an issue causing workers much economic uncertainty because das rayciss
>And one and on and on and on and on and on

Fuck this wind bag. Can't believe I voted for him. The red pill does that to a lot of things, though.

>>131026816
>assume new taxes will cover inflated tuition costs, universal gibs checks for laid off peeps who aren't worth $15/hr and single payer costs.
Whoops, you already lost. Taxes do not fund spending. That is merely an accounting convention instated by Alan Greenspan, who bragged of making paper behave like gold.
Try again.

>>131009910
He is sort of right. Raising minimum wage won't fix the problem. But yes we subsidize Walmart's profits with our tax dollars as their employees are forced to go on welfare.

Raise taxes on Walmart, they're clearly not interested in employing people - regardless of whether minimum wage is raised or not, they continue to replace cashiers with machines, even when the lines are 20 minutes long.

I'm not voting for Trump again, lying kike hasn't fulfilled any of his promises.

If it comes down to Trump or Bernie, I'll vote for Bernie. I hope all you big corporations get fucked for your globalist agendas.

>>131009910
>Is he wrong?

Yes.

The Walmart losers would be on full welfare if the price went up.

partial welfare > full welfare

>>131027308
>ree it's not going fast enough
too bad you lost you shill shitbag, who cares what you have to say

please keep drumfing for 8 more years though

>>131027380
>hurr youre a shill
Trump hasn't fulfilled any of his promises, quite the opposite in fact. Therefore he won't get my vote again.

>>131026929

I'm not sure I understand your point completely but I think my intended point wasn't conveyed. Let's see if I can do this:

>Tell voters taxes cover the spending (or infer it because they'll think that right off the bat)
>Continue Fed policy of fucking up the money supply because that's what their there for
>Tell peeps more taxes on assholes will solve consequences of shit monetary policy
>And on and on and on and on and on and on

Did I describe it better?

>>131009910
>Is he wrong?
Yes, Walmart isn't the name of the family.

>>131018321
Yeah it's not only automation btw.

walmart will have the economic force put on them to make every employee more efficient

They might even pay them $18 / hr if they're able to have 70% more efficiency

At the moment that doesn't save money, but if the losers will be $15 anyway it would

What a high minimum wage would do is exacerbate the problem we have today, which is, some are fully employed with historically high paychecks, while others are out of a job

>>131009910

Le magical communist man.

>>131027508
>I'll pretend I voted for Trump, that will surely DIVIDE AND CONQUER

>>131009910
yes. walmart operates in a competitive industry. in any competitive industry, profit as percentage of invested capital tends to be pretty constant. raising the operating costs of walmart will not really affect their profit margins; it will be passed on to the customer. might as well fund your gibs with a sales tax, mr commie-man.

The real solution to the problem of low wages at the bottom of society, is of course less untermenschen in the first place.

>>131010099
Raising minimal wage alongside restricting benefits.
No one-sided consommation potential increase.
No inflation.

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>>131031054
they tried this for the whole campaign and it didn't work

>>131014985
Minimum wage will just push more companies to automate. Temporarily workers will have higher wages, but as the min wage increases more R&D will be spent on automating their expensive labor. Eventually, robots will be able to replace unskilled labor and back on welfare they will go. In that sense, increasing the minimum wage is nothing but the Silicon Oligarchy wanting to create a need for their products.

https://www.youtube.com/watch?v=rVlhMGQgDkY

goodbye bottom feeders, you will all be replaced by automation anyway. go ahead, push for that minimum wage increase, see what it gets you

>>131014798
>Cut welfare
>Poorfags get mad and homicidal
>Hire more police with the money you save

>>131009910
His wife is under investigation. Bernie has grown too powerful. time for hill shills to take him out.