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Topic: Joe makes his first economic announcement

Replies: 18 Last Post: Jan 15, 2021, 10:05 PM by: tiger_swimmer®

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Replies: 18

clemchem®

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Joe makes his first economic announcement

[1]
Posted: Jan 15, 2021, 11:23 AM

And the market drops 300 points

Go back to sleep Joe

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Tiggity®

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How did they ever survive Obama?

Posted: Jan 15, 2021, 11:24 AM

Or Trump? Or, well, they didn't survive GWB.

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KeoweeIndians®

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Re: Joe makes his first economic announcement

[1]
Posted: Jan 15, 2021, 11:27 AM

I like when people assume a National min wage of $15 will not make the cost of everything go up. The poor will still be poor. Econ 101.

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Tobias27772

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Re: Joe makes his first economic announcement

Posted: Jan 15, 2021, 11:52 AM

Keowee,

Here is what happens when you study economics beyond 101. You find that simple 101 answers don't always apply in the real world. Macroeconomics is far more complex than that.

Here are a few articles, in case you really want to get educated on the subject.

https://www.investopedia.com/ask/answers/052815/does-raising-minimum-wage-increase-inflation.asp

Does Raising the Minimum Wage Increase Inflation?

There are conflicting views on whether raising the minimum wage increases inflation. Find the answer here.

https://www.epi.org/publication/minimum-wage-testimony-feb-2019/

https://journalistsresource.org/studies/economics/inequality/the-effects-of-raising-the-minimum-wage/

Minimum wage: Updated research roundup on the effects of increasing pay - Journalist's Resource

2016 literature review of academic studies and papers that looks at the minimum wage in the United States, its wider effects and policy implications.

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KeoweeIndians®

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Re: Joe makes his first economic announcement

Posted: Jan 15, 2021, 12:07 PM

I’ve read plenty. Was a Finance major before switching to e/e. 1. anything from a .org website is trash. 2. Not much mention on the fact that most jobs that pay min are small businesses, that will be out of business. Just because min wage increases, the amount of business doesn’t necessarily.

But I know the end game for Dems anyway. Everyone works for the govt, and the govt consists of Facebook, Amazon, and Twitter.

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stubborn_tiger®

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Why does nothing you ever post make any logical

Posted: Jan 15, 2021, 12:25 PM

sense whatsoever.

How in God's name are your two sentences related to each other at all? You're tism'ing hard today.

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KeoweeIndians®

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Re: Why does nothing you ever post make any logical

Posted: Jan 15, 2021, 1:58 PM

Nothing ever? I do live by consistency.

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FBCoachSC®

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Re: Joe makes his first economic announcement

Posted: Jan 15, 2021, 12:27 PM

1. anything from a .org website is trash.

Good Lord GIFs | Tenor

Good Lord GIFs | Tenor

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Neal in NC®

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Congratulations on your upcoming wage increase

[1]
Posted: Jan 15, 2021, 2:12 PM

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Tobias27772

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Re: Joe makes his first economic announcement

Posted: Jan 15, 2021, 8:26 PM

Anecdotal evidence - Willie Wonka.jpg(161.8 K)

Well, should I trust Keowee or a bunch of guys with decades of experience in macroeconomics - who have studied actual cases and generated real statistics from that research. Tuffone.

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p6fuller®

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Re: Joe makes his first economic announcement

Posted: Jan 15, 2021, 1:17 PM

It will increase the NPV of automation projects

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spooneye®

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The Age of BDS has arrived. Settle in!***

[1]
Posted: Jan 15, 2021, 11:50 AM

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tdrake®

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Probably only a few weeks away from HDS.

Posted: Jan 15, 2021, 1:19 PM

Which will be 1000% worse, because black and woman.

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Obed®

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I disagree. I think people will like her.

[1]
Posted: Jan 15, 2021, 2:04 PM

She's so clean and articulate.

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DGUARCHITECT

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well spoken

[2]
Posted: Jan 15, 2021, 2:22 PM

and comes from a good family

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stubborn_tiger®

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Good work ethic, too.***

Posted: Jan 15, 2021, 2:30 PM

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tiger_swimmer®

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Re: Probably only a few weeks away from HDS.

Posted: Jan 15, 2021, 2:13 PM

Nah, her qualifications and competence will win everyone over.
Those 3% of Democrats that said they would have voted for her before she dropped out before the primaries were ahead of the curve, but soon all will see the glory that is Kamala. Racist, misogynist Dems just couldn’t support an Indian-Jamaican “woman.”

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stubborn_tiger®

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Re: Probably only a few weeks away from HDS.

Posted: Jan 15, 2021, 2:29 PM

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p6fuller®

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Re: Probably only a few weeks away from HDS.

Posted: Jan 15, 2021, 2:56 PM

Sorry about your teeth

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