I was arguing with a friend of mine about Bernie Sanders:
>Me - Bernie Sanders is going to raise minimum wage and that will cause inflation and prices to rise more than they are currently
>Friend - But minimum wage isn't enough to live on and once Sanders taxes the one percent and wall street companies, the prices will drop
Who do you think is right, /pol/?
Countries dont innovate when the rich cant celebrate. Wait until we do star trek shit to vote bernie.
Increases in minimum wage tend to increase more than the subsequent inflation increase.
There will be a reaction to the minimum wage rising, but things will balance out eventually. People will gradually spend more and I think raising the minimum wage will work.
>>55331249
if he taxes corporations they're going to straight up leave - it's a never ending spiral
capitalism in it's purest form needs to die but it won't
I like Bernie Sanders though, seems like a chill dude
>>55331536
Raising it is one thing, but doubling it?
>>55331249
>Not supported by PACs and Super PACs like Trump
>Crowd funded (Trump funds his own campaign)
>Lesser of the two popular Democrat candidates
>Would you rather have Clinton nominated?
It's Trump vs Sanders 2016. It's going to be interesting to watch them debate.
>>55331838
>I'm in favor of open borders and allowing the wealth and safety of the United States to drift away by allowing resettlement of third worlders and turn us into north Mexico.
The butthurt that will be caused when Trump wins in a landslide will be glorious. And I really don't like the guy that much for non-political reasons either.
>>55331762
Not even the fast food workers think the minimum wage should be increased to $15 an hour immediately. They want it by 2020. In reality *any* substantial minimum wage increase has to be gradual to allow businesses to adjust.
>>55331990
That's fucking retarded why should dumb niggers get paid remotely close to what I make?
>make companies pay more in salaries
>tax them on top of it
>prices will drop
Oh I forgot that people will gladly want to make less money
>>55331838
Sanders is not a bad option, it just means American politics would be in a gridlock, which isn't a bad thing considering the U.S. doesn't need to change shit.
Economist here.
Raising minimum wage will help people making minimum wage in the short run, and will smooth itself it and normalize back to what we had before eventually. We could spike the minimum wage again when that happens, however every time we do this we create inflation, and inflation is a mathematically unstable variable (read: hyperinflation), meaning that if the inflation rate spikes too high, it can be basically impossible to make it come back down.
Trump wants to bring the jobs back to America. This is fundamentally a much much more stable and prosperous plan. When companies are forced to hire American workers, their labour demand increases and the wage will go up naturally. Also, people will actually have jobs.
Raising minimum wage just gives more incentive for big companies to hire more cheap foreign labour, which is the fundamental problem undermining the entire US economy.
On the flip side, raising the minimum wage is about ten billion times easier than getting our jobs back from foreign workers.
>>55332189
It doesn't really take an economist to know it's retarded.
>>55331762
>Goes to college 4 years
>gets degree in health sciences or advertising
>not a super prestigious degrees but definitely require an educated person
>job market is pretty saturated so take a while to land a job
>finally get an offer in your field
> $33,000 per year
>can't argue or complain, first job offer in months
>go across the street on lunch break, can only afford to go to McDonald's because shitty salary and probably have to pay some student loans back
>"Welcum too MAC Donalds can I take ya awduh"
>mfw this person makes the same amount as me
>mfw no face
>>55332189
Actually I fucked up, their labour demand doesn't change, but the labour supply curve drops they face drops, which will increase real wages. I guess you could say their demand curve increases, but must specify their demand curve for AMERICAN workers. But yeah best to say the total labour supply curve they face drops.
>>55331249
OP's friend is a fucking retard and so is OP for arguing with him.
>>55331249
>Taxing rich people and companies causes prices to fall.
Holy fuck this is retard level reasoning. Seriously.
>>55332565
>muh 1%
prices never decrease
>people legitimately think Sanders will be a thing
>people legitimately think Trump will be a thing
???????
Bernie Sanders is so radical that I think we should just put our faith in the system of checks and balances and see what happens with him.
>>55332470
that's what you get for picking a shitty major
you're literally just as bad as the liberal arts majors who are defending a minimum wage increase
you would still have a shitty pay whether or not the minimum wage is increased, you are literally only mad that people don't have it worse than you
I bet OP's friend goes on r/politics
>>55331249
>tax the one percent and wall street companies
>the prices will drop
>by 2020 we'll all live in a fairyland with unicorns shitting rainbows
what the actual fuck brings your "friend" to the assumption that taxing the 1% even more will make the prices drop?
the exact opposite is going to happen, the richfags are going to buy less shit they don't need which in turn will cut tax revenue
>>55331249
i hope bernie open borders so i can move to the UISEY
>>55332189
Except the reason those jobs left in the first place is because it was cheaper to do it abroad. And companies will continue doing them abroad; why would they bring them back and pay 10 times as much as before? They'd go bankrupt.
Oh and don't tell me protectionism would work, that's a one-way ticket into economic obscurity.
>>55332822
This isn't me, it's just an example
>>55331647
>tax corporations and they will leave
>u.s. biggest consumer market on the planet
>corporations leaving profit on the table
this is the typical /pol/tard logic.
>>55331513
The Federal Reserve's quantitative easing causes 100x more inflation than minimum wage increases.
But you're right in concept.
>taxing the 1% will make the prices go down
It's the opposite, higher taxes on the wealthy means more aggregated costs on the final product down the line, which means higher prices,
It's economics 101, the wealth doesn't "trickle down" but Bernie's taxes would sure as hell "trickle down" all the way to the pockets of every American. Prices would spike, then price control, then shortages, and congratulations on making a bigger Venezuela.
There are dozens of countries where socialist economics lead to currency meltdown, hyperinflation, and economic chaos. tell your friend to get a clue and actually learn a thing or two about economics.
countries like turkey, venezuela, argentina, zimbabwe, are some examples.
Wealth comes from high productivity, not meddling with the minimum wage (btw, there should be no minimum wage.)
>>55333848
>btw, there should be no minimum wage
kike detected
>>55331249
You can live on minimum wage. If you couldn't millions of people would be dead right now. Also a lot of minimum wage stats are bullshit since over half of those people are tipped employees, and thus make more than minimum wage. I used to deliver pizzas, I was paid minimum wage, but with tips I averaged $15/hr. Not only that but as long as its not a business that does forced tipping, then the worker is left to use the honor system to report how much they made in tips that year as well. Which means more likely than not a majority of those people are avoiding paying a decent amount of taxes, which further inflates the value of their wages. And nobody at the IRS cares because the numbers are small and its virtually impossible to prove to begin with. Its simply not worth the time, money, and effort.
Minimum wage was put it place to keep people out of extreme poverty. It does. Its not there so everyone can afford a new $500 iPhone, lease a new car, wear a different $40 t-shirt every day, watch 300 cable channels on a 60" plasma tv, and smoke dank weed er're'dey, while raising 5 kids.
Also taxing "the 1%" isn't going to encourage them to lower prices on their products. Nor is it going to encourage Hedge Fags to take fewer risks, or commit less fraud, in search of bigger gains to offset what the government is stealing from them. It'll all do the exact opposite.
>>55333848
Please explain your concept of how now minimum wage would work, not trolling just curious
Everyone has it all wrong, if you ever want to see any rel change, we have to end the rat race, that is working and not reproducing. We work for currency that is not backed by anything tangible, it consistently degrades in value, hence people will NEVER get by.
It's a currency issue and the fact that Jew's are in control of it, Sander's is a Jew in what universe do you think he can fix anything.
Nothing is free, Socialist's barrow, and Jewish banker's love it, Sander's is a Socialist pawn serving the banksters.
>>55334024
Everyone that I know with tips gets paid under minimum wage, m9
>>55333848
Agreed Socialism is a Jewish bankers heaven, they barrow soooo damn much, that the bank's damn near tell the government's of the world what to do. I FUCKING HATE BANKS
>>55334024
>those people are avoiding paying a decent amount of taxes
the IRS makes tipped employees pay an estimate base on a percentage of their income so they still pay even if they don't get a tip.
>>55334024
>>55334076
>Everyone that I know with tips gets paid under minimum wage, m9
Some places do, some don't. I delivered pizza, in a car, which meant I used my own gas and vehicle that costs me money. Thus they paid us minimum wage, instead of the lower tipped wage, because otherwise the pay wouldn't be worth it.
So yeah, a waitress might be getting paid $4.50/hr or whatever the lowest amount is currently, but she's still making at least double that in tips every hour, on average, as well. $9/hr tips + $4.50/hr = $13.50/hr. And unlike the delivery driver she has no added expenses.
Stay mad bernie fag.
>>55331931
>I'm in favor of open borders and allowing the wealth and safety of the United States to drift away by allowing resettlement of third worlders and turn us into north Mexico.
Nope, it's 100% guaranteed Trump will win. If anything, I want my province and the Prairies to be annexed from Liberals.
>>55334058
Mild socialism can have growth stimulating effects for people who earn minimum wage or just around it, but the current level of fucking entitlement just wouldn't let it happen, the anon who said about these people having expensive as fuck phones and big tvs are right, I know someone who earns the same as I do and owns an iPhone 6, an xbox one with a 50 inch tv with sky TV (satellite TV) and a good laptop and leases a car for 300 a month who claims to be poor because he has credit card debts, I have a decent pc and a 40 inch hd TV that's about 5 years old and I outright own a 2002 diesel because it has good mpg, I also have 0 debts, people don't understand the concept of poor anymore
>>55331249
I seriously think the overwhelming majority of liberals are incapable of understanding the dynamics of cause and effect beyond 2, maybe 3 steps.
Has anyone done a study comparing a person's political leanings against their aptitude at chess? Controlled for experience level, of course.
>>55331249
>once Sanders taxes the one percent and wall street companies, the prices will drop
UHH... WUT ?!!
government raping the rich and walllstreet=prices drop....can lucy do some 'splainin ?
>>55334648
I earn £8.40 btw
>>55334455
>the IRS makes tipped employees pay an estimate base on a percentage of their income so they still pay even if they don't get a tip.
Only if you leave that box blank. Otherwise its whatever amount you put in there. Make $2,000 in tips. Only claim $500. Avoid being bumped up into a higher tax bracket. Avoid more taxes. Profit.
>>55334648
I've seen enough Socialism and studied enough history to know that Socialism should be abolished, charities are neglected and competing with the welfare state yet they almost rival the fund's spent by it. Bigger government is never the answer..
If people have a hard time getting by, blame the fucking money supply, the currency isnt backed by shit and degrades in value. What the fucks is the point of saving 10,000 only to see it worth 1,000 by the time i am 70 or 80. Nope your expected to take loans, not save, in order to buy houses or cars ect.
Pull your heads out of your asses people bankers are raping us, historically they where executed for the shit they pull nowadays..
>>55331703
>you can't make college free
Works for the rest of the world.
>>55334800
I know right, they blame the 1% that is 1 in 100 Americans its more like the 8000 scummy bankers that are responsible. Bankers are scum not hundreds of thousands or millions of Americans, listen people its literally a handful of bankers doing this, dont blame the 1/;100 Americans or the vast amounts of poor that take the free handouts, blame the banks and politicians that keep this house of cards standing because we all know its going to fall.
>>55334994
>Works for the rest of the world.
The rest of the world doesn't have niggers.... well not yet, but they're working on it. The 500% increase in crime sweeping across Europe is evidence of that. You will learn, or die trying.
>>55331762
>>>55331536
>Raising it is one thing, but doubling it?
After bernie doubles the min wage, unemployment goes to 40% real, prices double, and the 40 million on shit social security fixed incomes start starving - a republican will have been elected and bernie and his cohorts will scream reagan's descendant thinks ketchup is a childrens lunchtime vegetable and they're starving..
>>55335172
What do you mean, does free education make them more niggersome or something? I fail to see the correlation.
>>55334994
We are already in debt your a fucking idiot for thinking its free, our national debt is already at critical levels, wtf you act as if bankers haven't raped entire countries in the past....
I bet Greece is really enjoying it nonproductive, destitute economy, and the free shit colleges that go with it.
>>55335239
Bernie is a Jew enough said...
>>55334994
>>>55331703
>>you can't make college free
>Works for the rest of the world.
obama took over all college loans and made them 100% unforgivable...
thus a new lib jew must say it's 100% free - cause obammy whined cap pigs make it too expensive - now college prices have gov loans only skyrocketed the fuck to the moon...
you see, you fuckin libturds lie, and that's all you do, is lie
muh 100% free healthcare for everyone...slammed thru in the middle of the night by your dem commies
GRUBERRED TO FUCKING HELL
>Everyone makes more money
>Businesses see that and raise prices to make more profit
>Businesses see the super rich get taxed more. Super rich is still super rich
>Prices go down because ???
You can't reason with stupidity
>>55332614
>muh 1% on any basic Economics test.
>>55331249
raising the minimum wage will just put us in the same place as Australia. Shareholders are never OK with smaller profit margins. Prices would go up, and in the mean time they would start saving money any way they possibly could. Like layoffs and offshore accounts and automation
>>55334994
It literally does not, it only contributes to creating more offer than demand, lowering the educational standards and overall lowering salaries.
>>55331249
No that's not right purely because taxing the wealthy producers just increases prices more
It doesn't make sense that raising taxes would somehow reduce the cost of goods
>>55332822
>health science and advertising the same as women's studies and how to smash the patriarchy 101
>>55335367
I like how they say that without realising say here in England it costs me 9000 pound a year just for tuition fees and that's at basically any university level course regardless of the institution, and they call our health care free but we pay national insurance that is not optional and is a fancy way of saying tax and if you are in full time employment and not a pensioner you pay a minimum of £16 I believe for your prescription
Plus we have a much smaller populace and less niggers and illegals
>>55335266
Socialist Welfare is easy when you live in a nation of largely productive, hard-working people. But when you have to support a large lazy, violent, high crime, nepotistic population the fairy tale comes to an end.
You're confused because you don't understand the hidden cost of niggers on a society. Lucky for you, if you aren't behind a meme proxy, Poland is pretty based about keeping them out of your country, so you'll never have to find out.
If America wasn't plagued by niggers and illegals, we wouldn't be forced to maintain the highest prison population in the world (per capita) and could spend money on nice things like cheaper/free college instead. Count your blessings Thomas.
>>55335367
Yep and that shit is failing, they even admitted they need 40+ million Americans to sign up for it or it will collapse. The commies literally are watching as Americans reject Socialism, GO FUCK YOURSELF REDS.
Socialism, is a means to a end and that end is Communism, we do not want it. Democratic Socialism is like Democratic Islam its fake and seeks power, its hopes are that the sweeping changes they implement will be irreversible or too big to stop. This is a kekold mentality, there is no reason we can't abolish Socialism encourage charity, and fix the currency supply because currently its all Jewish monkey business that doesn't even add up in the end.
And people wonder why everything is so fucked up...
>>55335666
This is basically why a health care system like ours in america simply wouldn't work, blacks kill too many blacks and Mexicans kill too many Mexicans (hurr durr only good blackie/brownie is a dead one) not when it's crippling you as a nation idiots
>>55335267
Just curious, is there any good articles that actually goes in-depth as to what the debt means? I mean I understand what debt means clearly, but in my world $18 trillion of debt is ridiculous and should probably be talked about nonstop. Why is it such a nonissue in America? I've been struggling to wrap my head around this for some time
>>55335828
I always wonder what would happen if someone was able to destroy the records of the debt, not to be all fight club or Mr robot or shit about it, just what would actually be the fallout from it happening?
>>55331249
You're both wrong.
Raising the minimum wage doesn't necessarily cause prices to rise. It can (and often does), but that doesn't necessarily mean it will.
>taxing corporations causes prices to drop
Nobody here needs me to explain why this is wrong.
>>55331249
Bernie will make America great again.
All the money min wage workers make will go back into the economy making everyone rich and happy.
why not just no minimum wage and go NIT?
>>55335818
I have basically free healthcare(tricare) well not really free, but you get my point. I myself am not taking the brunt of the cost. After seeing how they act with it I am disgusting at the thought of everyone having "free healthcare." I have actual injuries and their way of "fixing" them is by doping me up and going to useless "therapies." They basically demanded me go to 20-30 retarded therapies even after I said again and again they do not work. They wanted me to go to even more useless therapies after that. I finally realized what they were doing and put my foot down. Such a fucking waste of money, and I am ashamed at myself for not realizing it sooner. I will never get behind "free healthcare" for that reason alon
Say sanders is elected and holds true to everything. If college is free, and people actually go to college, even just a free state college, how will having a degree (maybe with some enthusiastic autodidactism for those passionate people without the uni cash) affect the value of a college degree for workplace requirements in getting advanced jobs? Would currently funded community colleges be good enough to handle the demand, or would private school enrollment requirements and prices skyrocket? Let's remember that education is also a business and a bureaucracy.
>>55335971
yeah it necessarily means the prices will rise. you think the people on top are gonna take a pay cut to pay for higher wages? not a chance
>>55335887
Not a clue, probably a lot of war?
>>55335971
Eh I get what you are saying but I think it is wrong to even imply that there is a chance of prices not rising. I get there is definitely that chance, but I can't imagine big corporations playing ball at all. Even giving the idea a thought allows retarded liberals to run with it.
>>55331249
Then the government should enforce price controls for vital necessities instead of feeding into inflation
>>55332470
I feel you, biology teacher in Kansas. 34k. I worked in shit and realized I was much more than this. 27 and starting med school. Better than waiting around
>>55336170
TPP sucker ; ^)
>>55332822
No, it's just that people are highly undervalued
>>55331249
He's an idiot if he thinks that raising taxes on the rich will actually solve anything.
>>55336083
That's a very shit version of ours then, I am currently having my entire course of physiotherapy on my shoulder done at a personal cost to me of hospital parking and occasional prescription costs for painkillers, the physio has done wonders so far I haven't actually bother filling my last 2 prescriptions for the painkillers
>>55336150
>education is a bussiness
american education everyone
>>55331647
>capitalism in it's purest form needs to die but it won't
You are the biggest faggot ever. Congrats on being a retard.
>>55336345
Also before people attack me saying just get a job, I have a job and so do both of my parents and so does most of my family that aren't old or under 16
>>55335828
It has its roots in interest, and the court Jew's of European history, they leant money at interest to Christian's, and even monarchies, they also charged interest something forbidden in Christianity and Islam. This was at a time of gold, eventually the Rothschilde family became very powerful and dominant in the world of banking. They eventually became the overlords of the monarchies that borrowed from them, they did this via the establishment of central banks.
The central banks then started to loans fiat currency to the government's again at interest, this to this day has duped entire peoples.
It's to a point in which debt is actually being sold off to others, speculation is so high that it is causing housing bubbles in which banks own houses till they rot wanting more for them than what they are worth.
Hell central banks and international banks are working hand in hand, and even Socialist's whom in history fought the banks, are now reliant on them for the mass spending.
The past 3 heads of the Federal Reserve were Jewish, this is highly suspicious given they are less than 3% of the population.
As long as they keep the interest rates low, they can keep the house of cards up, but it wont last. Markets are literally swayed by each word Janet Jew Yellan speaks.
Its all artificial, as i said befare it mathematically doesnt even make sense wit hthe level of monkey business they employ. It's all because they have no oversight, and the currency is paper and digits on a computer and nothing more, it allows them to manipulate it, gold however cant be manipulated, hence why many people want a "sound" currency.
The bankers are liars, and a den of thieves, does it make sense that they make so much money yet produce nothing, what else would you call it.
>>55332635
Rich peoples' entitlement mentality never decreases either.
MV=PY desu senpai.
>>55336541
Yeah but the fact that we are $18 trillion in debt should be alarming
>>55337801
It is to those who look into it, it's just that so many people are un-informed, and don't grasp the gravity of the situation. People are being indoctrinated to spend, and to act as if debt doesn't exist. Many people quite frankly don't know history and they dont understand that the banks can and will come back to bite you in the ass in a big way.
>>55338073
I just get lost when people tell me stuff like
>Money means nothing
>The debt can just be ignored
Could you offer good videos, books, all the jazz that goes in-depth on debt and stuff like that. The book/stuff can be as boring as it gets but I'd still be very interested in reading it.
>>55336627
Yes, how dare I work more than you have more money at the end of the day.
Let me guess you think every rich person is just randomly handed sacks of money and then hides it under his bed.
>>55331249
You just need to point out how minimum wage has been raised several hundred times before and how each of those raises causes a global economic meltdown. There should be info all over the place supporting you.
>>55331249
Inflation, despite the Fed basically giving money away, is near zero. Honestly, a bit more inflation right now would encourage some more consumer spending, get some more blood flowing in the economy.
>>55336397
Muh free market will save us
>>55333178
>if corporations leave, it means they can't sell to Americans anymore
Are you retarded, faggot?
>>55331647
>corporations are going to leave if they have to pay taxes
>north korea has a 10% corporate tax rate, much lower than the United States
>zero corporations have moved to north korea
it's almost as if an economic system with hundreds of millions of people cannot be summarized with "taxes bad, reagen good"
>>55333088
>Oh and don't tell me protectionism would work, that's a one-way ticket into economic obscurity
Could you elaborate? What's wrong with increasing tariffs on foreign produced goods and giving tax breaks to companies that relocate or produce goods here?
There is a lot of slack in the lower end of the labor market, you can set minimum wage fairly high before it triggers unemployment of inflation. It's been statistcially proven. A 20$ minimum wage would be a problem, but you can safely go to 12-15$ right now.
>>55331838
didn't trump speak out against super pacs?
>>55333178
Think of employees who make minimum wage - they are service jobs. You can't outsource a Taco Bell burrito-boy. You can eventually replace him with a robot, but that's going to happen anyway.
>>55331249
you are both wrong. We do not generate wealth in the US anymore, unless we start making stuff here that people want in excess of what we consume we are all just rearranging deck chairs on the titanic.
>>55331249
>taxes the one percent and wall street companies, the prices will drop
Literally the opposite will happen.
Taxes will raise the price.
Question for any Canadians, does Trudeau plan on raising corporate taxes when he gets in office?
>>55335828
18 Trillion debt is not that alarming. The real alarm bell is debt to GDP ratio.
The usa GDP was almost 17 trillion in 2013. This means the debt to gdp ratio is a little over 100% . This is actually very low compared to many wealthy countries. Europe and japan have larger debt to gdp ratios than the US.
But then that number is actually far lower when you consider that about 5 trillion of the debt is actually owed to the US government itself - federal agencies lending to other federal agencies. So the real debt to GDP ratio is around about 65%
The absolute magnitude of the debt is not what matters, but how it compares to GDP. Sure 18 trillion is a lot, but america is a large country and can afford a lot of debt. A million in debt is a lot for you and me but its pennies for donald trump.
The US debt is quite manageable. Some countries have 200% debt to GDP. Japan has over 200%
>>55335666
This, a million times this.
I was just in Iceland with the GF, and the night and day difference that the lack of niggers (and Jews) makes in just about every aspect of their day to day lives is staggering to see firsthand.
After seeing that world firsthand and comparing it to ours, I think I can finally bring her all the way over to the redpill side.
Socialism is beautiful without stupid brown people to fuck it up.
>>55339336
Nothing
>>55335828
>>55341119
So to answer your question, the real reason it isn't a big scare and talked about by everyone, is because educated and smart people know that it actually isn't such a big deal
Its important but not some doomsday thing.
you're a moran OP look at Australia.
>>55341228
When there is no signs of it stopping that changes things, it wont stop, we are in for a rough ride.
>>55331249
>once Sanders taxes the one percent and wall street companies
Let's say Sanders does get elected. Are the chances of this happening actually high?
>>55336368
It is, that why you eurokeks cant find jobs, you pay for a college networking opps, not the knowledge
>>55333399
witnessed
>>55335172
>America is a shitty society
>w-we have so many niggers
And Germany would have won the first world war if it wasn't because of the jews. Stop blaming black peopl for your inability to create a functioning society, you fucking idiot
>>55339336
Protectionism is "bad" because it comes between the Jew and his profits.
Basically, due to the quick trades of the US stock market based on quarterly statements, businesses aren't allowed to just be "stable", they need to show growth, or else schlomo won't be able to turn a quick buck buying and selling them after their next earnings report.
So they turn to outsourcing, etc, to keep increasing those profits so they look more appealing to our Jewish investment banks.
Protectionism, as practiced in Western Europe, leads to market stability, as companies that cannot slash their costs by selling out their workers to the Chinese to stay afloat, must instead do so on the strength of their products, while proving themselves to investors via long-term stability rather than quarterly growth.
>>55341340
Yes, i agree with you. The change, or the trend, in the debt is also important.
>>55335172
Poland is the last place on earth where you'll find minorities lol
>>55334515
How many pizzas did they give you to deliver at the same time?
>>55341506
America is a fucking god-tier country where the niggers and spics don't live. They're friendly, helpful, the streets are clean, low crime. This is not exclusive to the rich white areas. Sure the rich areas are nicer but the poor white areas are still pretty nice and amazingly have low crime. YOU are the fucking idiot and have no idea what you're talking about.
>>55331249
>implying the 1% and wall streeters don't already do their best to avoid taxes
>actually being DELUSIONAL enough to think they're gonna pay even higher taxes
Your friend is a dipshit.
>>55338459
Nothing is gonna save anyone. Only people can help themselves, unless the government regulates things, then people can't help themselves and the government fails at helping everyone.
>>55332541
This.
>>55331249
The main macro reasons why Bernie's plans are stupid:
1. Debt is rising because of addiction to entitlements and wasteful spending, and Bernie only wants to end wasteful spending and replace it with more entitlements and "better" spending.
2. Migration of both illegal and legal peoples for the past several decades has been largely made up of low skill workers, deluding the American born low skill workforce(African American community especially) and stagnating wages. Without dealing with this, you won't be able to raise wages naturally, and forcing wages to rise is only a short term solution. You have to kill the source if you want stability.
3. Bernie has allied himself with racial activists who are currently making racial relationships worse for the very people they claim to want to help. These #BlackLivesMatter groups are head hunters on witch hunts (Mizzou University being the most recent example, and not the last) who find "witches" and eliminate them in the name of systematic oppression. An analogy for this is: A house is on fire, gets put out, people are in the middle of repairing it when someone gets a splinter, declares the house evil, and tries to burn down the new foundations because splinters are oppressing them.
4. He actually said the #1 national security threat to the USA is climate change.
5. Socialism is his religion.
>>55331249
>once Sanders taxes the one percent and wall street companies, the prices will drop
i don't get it. is that supposed to make sense?
>>55338586
Taxation wise, local branches are taxed only by the local government, so it's effectively the same whether their HQ is in America or somewhere else. Ironically only America taxes overseas branches, which is the reason for corporate flight.
>>55339336
Prices go up obviously.
Why would you want companies to relocate their HQ to America?
>>55342768
1)Sander's plan is feasible economically if he passes tax hikes and a healthcare tax for his single payer.
2)Stagnating wages are not caused by low skilled migrants. You can't count undocumented illegal wages since they're undocumented. Legal migrants are too few to play any large role. Something like a million migrants enter America yearly, while 4 million babies are born in America. Wages are stagnating for people below the top 20%. Assuming all migrants are low skilled, 4 million people will undergo wage stagnation, 3 million of which are Americans.
It's about social mobility. Everyone's wages should be increasing from generation to generation and time to time. Even if a low skilled migrant came, his wages should grow gradually, if the system was working properly.
3)Nothing to say about this.
4)It is, eventually. In about 300 hundred years lower Manhattan, San Francisco and some of LA will be submerged by current esimates.
5)It's social democracy. It's toned down captialism. Capitalism by itself is very bad, which is why basically no country practises pure capitalism.
