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JZ
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All that does is increase what a living wage is. Increasing inflation.
Yesterday I went to a sushi restaurant. Still not open for in dining. I asked why, are they afraid?, and he says, "Nobody wants to work, they are
all enjoying their EDD."
It's like someone is trying to buy votes and keep the poor, poor and on the govt. tit.
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John Harper
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Quote: Originally posted by JZ  | All that does is increase what a living wage is. Increasing inflation.
Yesterday I went to a sushi restaurant. Still not open for in dining. I asked why, are they afraid?, and he says, "Nobody wants to work, they are
all enjoying their EDD."
It's like someone is trying to buy votes and keep the poor, poor and on the govt. tit.
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What a lame excuse the owners make. Being closed better than paying the workers a bit more and charging people who can easily pay, a bit more? Come
on, JZ. Even you don't believe that crap. I'd wager the owners took a PPP loan and are sucking the government tit as well. Why would anyone keep a
business closed for such a lame excuse?
Paying someone enough so EDD, Medicaid, SNAP are unnecessary is the entire purpose of a $15 wage.
And, you need to take an economics course and learn exactly what inflation is, and is not. The price of renting alone is already sky high, where are
they supposed to get that extra money? You are very lucky, as am I, but so many others are not. We really have no clue in our lily white crime free
neighborhoods. Maybe a lost cat or dog, that's our worry.
I think someone who just bought a brand new RZR could also maybe pay a bit more for sushi so the owners could pay more to their workers and get them
back. How much money do they make from a closed sushi bar? Maybe an open bar with slightly higher prices would be an improvement for them, and
their workers? And, you can always leave a tip, if that's something you believe in. I do hope you're not like Steve Buscemi's character (Mr. Pink)
in Reservoir Dogs, are you?
I bet you probably tip very well, actually. Good for you!
You did want to eat sushi, right? Here's your solution. Bon Apetit!
John
[Edited on 4-26-2021 by John Harper]
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JZ
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| Quote: Originally posted by John Harper |
What a lame excuse the owners make. Being closed better than paying the workers a bit more and charging people who can easily pay, a bit more? Come
on, JZ. Even you don't believe that crap.
Paying someone enough so EDD, Medicaid, SNAP are unnecessary is the entire purpose of a $15 wage.
And, you need to take an economics course and learn exactly what inflation is, and is not.
I think someone who just bought a brand new RZR could also maybe pay a bit more for sushi so the owners could pay more to their workers and get them
back. How much money do they make from a closed sushi bar? Maybe an open bar with slightly higher prices would be an improvement for them, and
their workers? And, you can always leave a tip, if that's something you believe in. I do hope you're not like Steve Buscemi's character (Mr. Pink)
in Reservoir Dogs, are you?
I bet you probably tip very well, actually. Good for you!
You did want to eat sushi, right? Here's your solution. Bon Apetit!
John
[Edited on 4-26-2021 by John Harper] |
It "might" be ok in CA, but sure isn't ok for Alabama, etc.
Even in CA, paying someone a "minimum" of $31K/year is a lot of coin for a business.
I don't think you guys have thought this through very well. Go talk to some small biz owners. Even the left leaning ones will tell you it's not a
good idea.
[Edited on 4-26-2021 by JZ]
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Bajabus
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Mood: My friends..it's good.
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| Quote: Originally posted by mtgoat666 |
Large and small businesses can afford to pay low wages because they rely on government to provide their employees with food stamps, section 8 housing
and other welfare.
If a business can’t afford to pay living wage and relies on welfare programs for their employees to survive, then perhaps the business should not be
in business, eh? |
BINGO we all subsidize their cheap ass crap. Walmart comes to mind.
"Preventive war was an invention of Hitler. Frankly I would not even listen to anyone seriously that came and talked of such a thing."
Dwight David Eisenhower
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John Harper
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| Quote: Originally posted by JZ |
I don't think you guys have thought this through very well. Go talk to some small biz owners. Even the left leaning ones will tell you it's not a
good idea.
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I was in the business world many years, even have an MBA in Finance. If I was a small business owner and knew I could pay my employees much less
because they could just qualify for SNAP, Medicaid, etc, you're damn right I'd do it. Who wouldn't pass on the cost to the taxpayers if you could.
That's just "smart" in the eyes of capitalists and also the "former guy." Paying $15 means I might have to adjust my business model or raise prices,
but it also affects my competitors, so it's really a moot point, since it affects all businesses, not just mine.
Just ask Walmart, that's been their business model for years.
Same a forcing business to adopt E-Verify, so there is no chance of employing undocumented workers, with stiff fines for violations. Problem solved
on that front too. Why does business resist E-Verify? So they can hire undocumented workers, pay them less, and profit.
And, what's wrong with paying $15 an hour in Alabama? Maybe your oysters might cost another $3 a dozen, you can afford it, or order clams.
John
[Edited on 4-26-2021 by John Harper]
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JZ
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Oysters are awful. Calms and mussels are money.
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John Harper
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I love them all, amigo!
John
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drzura
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I think there is a lot of blame to go around for the predicament the US, as well as other countries, is currently in. Free trade agreements made it
easier for companies to move manufacturing operations overseas where labor is much cheaper, killing much of the middle class here in the US.
Additionally, automation has made it possible to reduce the workforce even further by using robotics and other processes to complete menial repetive
tasks. The adoption of artificial intelligence (AI) has the potential to replace many white collar workers; you might not need an accountant or
possibly management positions in the future. Undoubtedly, the creation and destruction of technology brings new career fields and opporutinities, but
I believe we are currently behind the eight ball in regards to educating the population for many of these new fields. Sure, we can raise the minimum
wage to 15 dollars an hour, but what will businesses do when that happens? I think they will invest in more automation to reduce labor costs even
further. Don't get me wrong, I do not believe the minimum wage has not kept up with inflation, especially in places like California. I can forsee in
the future where the goverment will tax businesses for each robotic mechanism used to help pay for social programs. On a serious note, I just looked
at the national debt clock, which is currently more than $28,000,000,000,000. I would like to hear some honest ideas from fellow Nomads on how they
think that will be paid, if at all. I think the country is more fooked than just raising minimum wage to 15 dollars an hour. Out of curiosity, what
is the current minimum wage in Mexico?
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del mar
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Out of curiosity, what is the current minimum wage in Mexico?
they just raised it, still under eight bucks a day
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John Harper
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| Quote: Originally posted by drzura | | On a serious note, I just looked at the national debt clock, which is currently more than $28,000,000,000,000. I would like to hear some honest ideas
from fellow Nomads on how they think that will be paid, if at all. |
The United States is an "ongoing concern" in business terms. But, we are not a business. We can borrow, spend, and print money. As long as there is
"full faith" in the future of the USA, there is no problem with debt. Older theories about national debt impacting the credit market have shown to be
less impactful than predicted. Kind of like the power of tax cuts for the rich providing higher wages, etc. We know how that works.
Either way, take a look at Modern Monetarist Theory, it has its merits. Global monetary demand is more important than most people think. It was
called "petrodollars" in the 1980's, just evolved into MMT, as economists realized all those petrodollars were absorbed into the global economy.
The result: low inflation for a long time now, and with projected growth to absorb the new spending and dollar market, probably low inflation as
well.
Obviously, certain markets will fluctuate. Supply and demand still exert a lot of force on prices, more than an oversupply of dollars. Look at rent
in Los Angeles, completely based on limited supply/high demand. Let's pay $15 and hour in Alabama, Mississippi, etc and take the pressure off housing
in Los Angeles. Give people a reason to move to places with excess housing.
John
[Edited on 4-27-2021 by John Harper]
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drzura
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| Quote: Originally posted by John Harper | | Quote: Originally posted by drzura | | On a serious note, I just looked at the national debt clock, which is currently more than $28,000,000,000,000. I would like to hear some honest ideas
from fellow Nomads on how they think that will be paid, if at all. |
The United States is an "ongoing concern" in business terms. But, we are not a business. We can borrow, spend, and print money. As long as there is
"full faith" in the future of the USA, there is no problem with debt. Older theories about national debt impacting the credit market have shown to be
less impactful than predicted. Kind of like the power of tax cuts for the rich providing higher wages, etc. We know how that works.
Either way, take a look at Modern Monetarist Theory, it has its merits. Global monetary demand is more important than most people think. It was
called "petrodollars" in the 1980's, just evolved into MMT, as economists realized all those petrodollars were absorbed into the global economy.
The result: low inflation for a long time now, and with projected growth to absorb the new spending and dollar market, probably low inflation as
well.
Obviously, certain markets will fluctuate. Supply and demand still exert a lot of force on prices, more than an oversupply of dollars. Look at rent
in Los Angeles, completely based on limited supply/high demand. Let's pay $15 and hour in Alabama, Mississippi, etc and take the pressure off housing
in Los Angeles. Give people a reason to move to places with excess housing.
John
[Edited on 4-27-2021 by John Harper] |
I see you said that "We can borrow, spend, and print money". Do we ever have to pay it back? Do you think we can legitimately pay it back? I am
just thinking that there has to be some dollar ceiling where people will not have "full faith" that it will ever be paid back. I do not know what
that dollar amount is and nor does anyone else. I heard that if interest rates ever normalized, the country would be screwed. Well.. someone told me
it's all funny money anyways not backed by anything. Should probably just enjoy the ride while it lasts. 
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mtgoat666
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Posts: 18376
Registered: 9-16-2006
Location: San Diego
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Mood: Hot n spicy
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| Quote: Originally posted by drzura | | Quote: Originally posted by John Harper | | Quote: Originally posted by drzura | | On a serious note, I just looked at the national debt clock, which is currently more than $28,000,000,000,000. I would like to hear some honest ideas
from fellow Nomads on how they think that will be paid, if at all. |
The United States is an "ongoing concern" in business terms. But, we are not a business. We can borrow, spend, and print money. As long as there is
"full faith" in the future of the USA, there is no problem with debt. Older theories about national debt impacting the credit market have shown to be
less impactful than predicted. Kind of like the power of tax cuts for the rich providing higher wages, etc. We know how that works.
Either way, take a look at Modern Monetarist Theory, it has its merits. Global monetary demand is more important than most people think. It was
called "petrodollars" in the 1980's, just evolved into MMT, as economists realized all those petrodollars were absorbed into the global economy.
The result: low inflation for a long time now, and with projected growth to absorb the new spending and dollar market, probably low inflation as
well.
Obviously, certain markets will fluctuate. Supply and demand still exert a lot of force on prices, more than an oversupply of dollars. Look at rent
in Los Angeles, completely based on limited supply/high demand. Let's pay $15 and hour in Alabama, Mississippi, etc and take the pressure off housing
in Los Angeles. Give people a reason to move to places with excess housing.
John
[Edited on 4-27-2021 by John Harper] |
I see you said that "We can borrow, spend, and print money". Do we ever have to pay it back? Do you think we can legitimately pay it back? I am
just thinking that there has to be some dollar ceiling where people will not have "full faith" that it will ever be paid back. I do not know what
that dollar amount is and nor does anyone else. I heard that if interest rates ever normalized, the country would be screwed. Well.. someone told me
it's all funny money anyways not backed by anything. Should probably just enjoy the ride while it lasts. |
Well, as long as the GOPers keep cutting taxes, and dems and GOP won’t cut spending, the debt will rise.
The logical thing to admit is that we all like government services, and we all just need to pay taxes to fund govt services.
Woke!
“...ask not what your country can do for you – ask what you can do for your country.” “My fellow citizens of the world: ask not what America
will do for you, but what together we can do for the freedom of man.”
Prefered gender pronoun: the royal we
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drzura
Nomad
Posts: 320
Registered: 7-1-2006
Member Is Offline
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| Quote: Originally posted by mtgoat666 | | Quote: Originally posted by drzura | | Quote: Originally posted by John Harper | | Quote: Originally posted by drzura | | On a serious note, I just looked at the national debt clock, which is currently more than $28,000,000,000,000. I would like to hear some honest ideas
from fellow Nomads on how they think that will be paid, if at all. |
The United States is an "ongoing concern" in business terms. But, we are not a business. We can borrow, spend, and print money. As long as there is
"full faith" in the future of the USA, there is no problem with debt. Older theories about national debt impacting the credit market have shown to be
less impactful than predicted. Kind of like the power of tax cuts for the rich providing higher wages, etc. We know how that works.
Either way, take a look at Modern Monetarist Theory, it has its merits. Global monetary demand is more important than most people think. It was
called "petrodollars" in the 1980's, just evolved into MMT, as economists realized all those petrodollars were absorbed into the global economy.
The result: low inflation for a long time now, and with projected growth to absorb the new spending and dollar market, probably low inflation as
well.
Obviously, certain markets will fluctuate. Supply and demand still exert a lot of force on prices, more than an oversupply of dollars. Look at rent
in Los Angeles, completely based on limited supply/high demand. Let's pay $15 and hour in Alabama, Mississippi, etc and take the pressure off housing
in Los Angeles. Give people a reason to move to places with excess housing.
John
[Edited on 4-27-2021 by John Harper] |
I see you said that "We can borrow, spend, and print money". Do we ever have to pay it back? Do you think we can legitimately pay it back? I am
just thinking that there has to be some dollar ceiling where people will not have "full faith" that it will ever be paid back. I do not know what
that dollar amount is and nor does anyone else. I heard that if interest rates ever normalized, the country would be screwed. Well.. someone told me
it's all funny money anyways not backed by anything. Should probably just enjoy the ride while it lasts. |
Well, as long as the GOPers keep cutting taxes, and dems and GOP won’t cut spending, the debt will rise.
The logical thing to admit is that we all like government services, and we all just need to pay taxes to fund govt services.
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I would tend to agree with you to a certain point, but I think government has gotten too big and keeps getting bigger every single year. I also
believe EVERYONE, including corporations, should pay taxes, whether a flat tax with zero deductions is the answer... I do not know. The country needs
to debate the appropriate size of government and should have to pay for it... a balanced budget.
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ch47pilot
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What in the world does all this have to do with our beloved Baja ?
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bajatrailrider
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Posts: 2432
Registered: 1-24-2015
Location: Mexico
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Mood: Happy
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It has nothing to do with Baja. It's about people caged up in the house . With nothing better to do get a life people enjoy it 🙂.
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thebajarunner
Ultra Nomad
Posts: 3718
Registered: 9-8-2003
Location: Arizona....."Free at last from crumbling Cali
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Mood: muy amable
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x2
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KasloKid
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What in the HELL does all this chatter to do with Nomadland?
Both my wife and I enjoyed the show....
[Edited on 4-28-2021 by KasloKid]
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del mar
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Registered: 7-23-2016
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it was me..... it was dead and buried then sunday night I had to open my big
mouth, from there we took off to walmart, clams and oysters then on to minimum wage.......sorry
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surabi
Ultra Nomad
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Registered: 5-6-2016
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| Quote: Originally posted by del mar | Out of curiosity, what is the current minimum wage in Mexico?
they just raised it, still under eight bucks a day |
I can assure you that while the Mexican minimum wage is absurdly low, that isn't what Mexicans earn anywhere that is touristy or has a visible expat
population. You can't get a maid or a gardener where I live for less than 100 pesos/hour. And skilled labor is quite a bit more.
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del mar
Banned
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| Quote: Originally posted by surabi | | Quote: Originally posted by del mar | Out of curiosity, what is the current minimum wage in Mexico?
they just raised it, still under eight bucks a day |
I can assure you that while the Mexican minimum wage is absurdly low, that isn't what Mexicans earn anywhere that is touristy or has a visible expat
population. You can't get a maid or a gardener where I live for less than 100 pesos/hour. And skilled labor is quite a bit more.
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yup..that wasn't really the question though was it
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