How the Democratic Party became a tool for Wall-Street

[Badger]

This is another case where Americans are hurt by not knowing themselves. Because people hold onto the mythology of Infinite Opportunity, they don't see themselves as Poors, Working Classers, or even Richers. Everybody is Middle Class, floating around like an Oklahoman in the Update, convinced that one of these days things are going to work out if we just believe. Americans need a serious dose of realism. We're all busting our butts for peanuts, and things are not going to change until we make low prestige jobs worthwhile. It is not possible for everybody to be a doctor, a CEO, or a lottery winner.

I agree about improving the plight of workers who bust their asses at minimum wage jobs, but raising the minimum wage is the wrong solution, and its a lazy shift of responsibility from government to private companies, who simply fire Americans and move overseas.

Also, most of us are middle class working-stiffs by choice. Buy overpriced garbage. Give your income to creditors, rather than accumulating assets. Wouldn't be so horrible if the government didn't actively subsidize the permanent indebtedness of the people.

"I'm so concerned about the plight of minimum wage workers, I want them to bust their asses for even less money!"

[Badger]

"I'm so concerned about the plight of minimum wage workers, I want them to bust their asses for even less money!"

Thank you for highlighting your utter lack of understanding regarding labor policy. I had no idea that workfare, negative income tax, etc  were too complex for the site moderators.

I understand such matters far betteer than you boyo. I understand that the arguments about graduated minimum wage raises supposedly resulting in a net job loss has never materialized in practice. I realize that broadly rising wages creates comsumer demand and thus greater job growth to offset the worst imagined job losses. I realize that raising the lowest paid workers is a way to end corporate welfare subsidies by companies paying so little even their full time workers are forceedd to rely on food stamps and other public assistance. I know that 98+% of minimum wages workers support a raise in their wages, but upper mmiddle class and rich toffs are oh so willing to to save the poor ignorant dears from themselves.

I also know there's never been a poster who has more relied on buzzzwords and bald unsupported assertions, who nevertheless thought he was SOOO smart without basis, than you.

[Badger]

This is another case where Americans are hurt by not knowing themselves. Because people hold onto the mythology of Infinite Opportunity, they don't see themselves as Poors, Working Classers, or even Richers. Everybody is Middle Class, floating around like an Oklahoman in the Update, convinced that one of these days things are going to work out if we just believe. Americans need a serious dose of realism. We're all busting our butts for peanuts, and things are not going to change until we make low prestige jobs worthwhile. It is not possible for everybody to be a doctor, a CEO, or a lottery winner.

I agree about improving the plight of workers who bust their asses at minimum wage jobs, but raising the minimum wage is the wrong solution, and its a lazy shift of responsibility from government to private companies, who simply fire Americans and move overseas.

Also, most of us are middle class working-stiffs by choice. Buy overpriced garbage. Give your income to creditors, rather than accumulating assets. Wouldn't be so horrible if the government didn't actively subsidize the permanent indebtedness of the people.

"I'm so concerned about the plight of minimum wage workers, I want them to bust their asses for even less money!"

So anyone who opposes a minimum wage does so because they hate workers? Great argument.

Hate? No. Just foolish to rely on dogma and myth.

[Badger]

I understand such matters far betteer than you boyo. I understand that the arguments about graduated minimum wage raises supposedly resulting in a net job loss has never materialized in practice. I realize that broadly rising wages creates comsumer demand and thus greater job growth to offset the worst imagined job losses. I realize that raising the lowest paid workers is a way to end corporate welfare subsidies by companies paying so little even their full time workers are forceedd to rely on food stamps and other public assistance. I know that 98+% of minimum wages workers support a raise in their wages, but upper mmiddle class and rich toffs are oh so willing to to save the poor ignorant dears from themselves.

I also know there's never been a poster who has more relied on buzzzwords and bald unsupported assertions, who nevertheless thought he was SOOO smart without basis, than you.

Yet, you're not smart enough to realize that the only sustainable way to raise median income is to have more labor demand than labor supply, a phenomenon we experienced in the late 90s. So you support min wage initiatives that encourage companies to lean their labor forces, and you refer to worker assistance programs as corporate welfare (as if individual corporations can control the labor market), though economists of all stripes have described such programs as superior to the current system which pays people not to work.

You are a penny-dreadful caricature of a high-school-educated working-class hero from the 1960s rust belt. Your only real job is putting yourself out of work with pompous self-important legislation.

Real min wage has been declining since the 1960s. What data are you examining that shows no job loss?

Increased labor demand is fostered by consumption requiring increased consumption fostering increased production. People like me know that rising wages is the feasable long term method to susxtain both growing employment and an economy based on the middle class.

People like you believe that the "real" way to maximize employment and wealth is to reduce the American standard of living to 50 cents an hour. Your economic utopia of a broad mass living at or near subsistance level (if even that) with a tiny oligarchical elite living in gated patrolled communities, and overall a stagnant national economy without a substantial middle class to nurture growth.

My model for a strong economy and employment is America; yours is Guatamala.