damn /pol/................
will we ever catch up?.....................
>>70386725
Nope, we will always be burgers anon.
>>70386725
Citing difference in minimum wage is meaningless without including information on cost of living and purchasing power parity
That 7.25 in Texas goes way farther than 15.81 on the Aus coastline.
>>70386725
Look at the cost of living of each of those countries. You will find out that the higher the minimum wage, the higher the cost of living.
>>70387143
and that number changes after income taxes
>>70386725
>$12.35/h
>half goes into taxes
>rest into jewish schemes to destroy the middle class
>>70386725
Daily reminder Sweden doesn't have a government-mandated minimum wage.
>>70386725
In terms of purchasing power, most European nations are poorer than Mississippi.
Nice to see that minimum wage working our for Europe so well.
>>70386725
>Finnish minimum wage 0€/hr
$15 an hour minimum coming to California.
My gf got laid off the day after it passed.
>>70387143
Once we add the fact you also have have to pay for fucking everything in your country, I'm fairly sure you still look like the third world country here
>>70386725
€8.50 min wage in Germany, $9.50 or so.
And as France said, watch a surprising amount vanish into tax.
Also the mandatory television and radio tax (you have to pay that even if you don't have a TV or radio).
>>70386725
Looks over at Europe, nah we should the exact opposite.
I don't know about the other countries, but living in Australia is far more expensive than America. What a shitty infograph.
>>70387143
Except minimum wage dosen't keep up with cost of living. The working poor have to get welfare to keep up. We're subsidizing the niggers so the employers can save some money.
>>70386725
Minimum wage is inheritently counter productive to an efficient economy and causes higher than usual unemployment.
>>70387876
>Also the mandatory television and radio tax (you have to pay that even if you don't have a TV or radio).
Kek in France you can opt-out provided you don't have any device with a TV tuner. However it's only valid for the current year and they can come check up to three years later. So if you bought a TV in the meantime you get a sick fine.
>>70386725
We don't have a minimum wage.
>>70388067
Largely the same in NL. People go on about the TV license in England, but even that you can avoid paying if you don't use public broadcasters etc.
In Germany you're fucked unless you're below the poverty line.
>>70387349
Our low minimum wage is well below the cost of living. The white man is forced to pay food stamps for niggers because employers don't pay employees. shit.
>>70386725
>min wage
And how much does min cost of products cost? Hell I know Canada stuff normally costs more then stuff here.
And I goddamn know for a fact Australia pays a fuck of a lot more for regular things then in the US.
>>70388059
yea, Finland also doesn't have one. but that is a dirty lie.
>>70388287
meant for
>>70388132
>>70388132
>>70388287
Well technically you do, it's just through unions not government mandated.
>>70386725
WILL THE LEFT EVER END THEIR WAR ON JOBS?!
BRING IN ILLEGALS!! MORE H1BS!!! OUTSOURCE EVERYTHING!! GLOBALISM!! MORE TAXES!! JACK UP MINIMUM WAGE!! INSURANCE BAILOUT!!
Seriously, will they not rest until the entire economy is destroyed and not a single job is left? Who will pay for all their entitlements??
>>70388287
Are you saying that employers won't try to hire less employees and cull the useless ones when they're forced to pay a higher wage?
>>70386725
Don't worry, the USA has a lower cost of living.
>>70388237
This. A regular McDonald's meal can cost $12+. I've never paid more than $6 for fast food in states. Everything else is more expensive
Min wage = economic retards
They don't understand by 2 years their raised min wage would be low again
>>70388434
I didn't reply to the right person, but what you are saying is happening without a minimal wage, even in Finland with employee protection laws that forbits employeer from terminating contract without a valid reason.
>>70386725
cost of living isnt comparable.
>>70388393
To be fair, the Republicans want to bring in more illegals and more H1Bs as well.
We're pretty much fucked from both ends.
>>70387838
France would be a million times better if it wasnt hamstrung with socialist regulations and excessive taxation. Can't you see its holding you back.
>>70388393
The founding fathers absoluteily fucked up by making the system have two parties dominate. I want a country where we have some socialism, no '65 immigration act and family values return.
>>70386725
Do you faggots who post this ever travel?
Everything in those countries is expensive as fuck. A fucking burger king meal in the an average western European country costs about $18.
>>70386725
You can't afford it, you must play world police and pay for our protection.
>>70388224
>America's biggest welfare queen
>not the military
>>70388675
you are doing exactly the same mistake this infographic is doing, you are converting Euros/Pounds to Dollars
>>70388237
>And I goddamn know for a fact Australia pays a fuck of a lot more for regular things then in the US.
Mate we pay prob around twice that for anything you buy. Its like 12 bucks for a big Mac here.
>>70388675
Those burger kings are still open and doing business.
Wen Clinton raised the minimum wage, there was a small spike in unemployment, but it all came back and the poor were doing better off.
Tell me how we can help the poor without rasing the minimum wage.
>>70386725
>thinks minimum wage is arbitrary and if you don't raise it you're just being mean to your workers unnecessarily.
Denmark has very low unemployment, quite a few high paying jobs focusing on technical things, for instance siemens windpower has management plant for all of europe in denmark with lots of r&d so there's a shitton of engineers there. And all these kinds of aspects like this factor in.. Pretty low deficit, (surplus before financial crisis). In essence denmark has a pretty strong private sector, and a good mix of low paying and high paying jobs (high paying = more complex)
You don't just arbitrarily raise or lower the minimum wage because you're being mean or nice.
As far as i can tell the reason wages are very deflated in the US is, lack of economic growth, massive amounts of people on welfare, stagnant gdp due to massive unemployment.. the jobs that haven't left the US due to bad trade deals etc. are generally shitty and low paying.. And yeah.. bad situation..
In come the american leftists. pretending minimum wage is arbitrary and.. why not raise it to 15 dollars why are you being so unfair?
>>70388224
>make the minwage $11/hr
>wallmart pays at least $10/hr
wew
>>70387978
You're right we should make them pay employees more. We should also tax them more so even more companies leave the country.
>>70389043
That's an old image bruh. Don't you know it's $15/hr now? :^)
>>70389043
Infographic is a bit dated but it still shows the point that the taxpayer subsidizes the cost of a low minimum wage.
>>70389106
>Burger King will leave us
>All US based burger king establishments now pay more tax
>only HQ is not paying tax, but HQ America is.
>>70389231
Will the minwage rises ever have their hunger sated?
>>70388970
>small spike in unemployment
Until inflation made the rise in minimum wage essentially zero, yes. Minimum wage and unemployment are satrictly linearly related. It is not like raising the minimum wage can increase the labor budget of a business. Same budget, just fewer jobs. Sorry Tyrone, go get on welfare.
>>70389106
Minimum wage jobs aren't going to leave the country. You can't export a mcburger from Honduras to the US.
>>70386725
Can you find the flag that isn't a gommie shithole?
>>70386725
I don't like this. I spent 4 years going to engineering school getting a 3.8 GPA to only triple the minimum wage
This is bullshit.
>>70386725
I once worked for 2 dollars/ hour in a drugstore.
Oh yes, I am third world I remember now.
>>70389352
How can we solve the burden of the working poor without raising the minimum wage though? As it seems, raising the minimum wage is the only option.
>>70386725
what is the value of a dollar?
fucking rejects I swear to god.
>>70388970
>Tell me how we can help the poor without rasing the minimum wage.
Get rid of immigrants and slap import tariffs but allow foreign companies to compete well with domestic firms so we don't end up like Japan where a handful of companies have no competition and are assfucking the local population.
You'll have a lot less rich people (And possibly no billionaires), but a lot less poor people as well.
>tfw can buy a 3 room house for 200k meanwhile meanwhile mr. kangaroo over here has to spend $1 mil for a cuckshed in the city
>>70389626
so your solution to help the poor people is open more jobs?
how will this help people who have jobs already?
>>70389452
>I spent 4 years going to engineering school getting a 3.8 GPA to only triple the minimum wage
I've been working as a P.Eng for 12 years (fluidized reactor design, numerical simulation) and barely make 100k before tax, unless you are really interested in your work (I guess I'm a bit obsessive) get used to shit
>>70389836
One way of looking at that is make it so they are taxed less once more people start working and bring the deficit down again.. instead of adding to it by being on welfare.. tax reduction is essentially a wealth/wage increase.
>>70387349
This is bullshit. The minimum wage of South Korea is 5250 won, which is roughly 5 dollars.
>>70389836
>how will this help people who have jobs already?
Having more jobs in the economy but with a stagnant population gives more leverage for employees to bargain with employers for higher pay.
It raises the demand of labor for every job, forcing employers to concede their record profits to raising employee pay.
By adding immigrants into the labor market, employees have less leverage to ask for higher wages, and that's why real wages have been stagnant/declining for the past 30 years.
What reason would there be for your boss to raise your wage if 2.3 billion Pajeets and Changs want to do your job for half of your pay?
>>70389836
>how will this help people who have jobs already?
Less reasons for our idiot governments to justify taxing and nickel and jewing us for every extra dime for their 'social' plans.
>>70390066
>people start working and bring the deficit down again
Yanks won't ever do that in your lifetime, no matter how much they work for it.
http://www.usdebtclock.org/#
>>70390218
And also, as i understand it, in order to keep financing this deficit situation and this declining productivity, and the loss of jobs and bad trade deals, the corporate tax is through the roof..
>>70387349
yep, we get fucked hard in Canada. If the natives were to die off and all treaties nullified taxes could go down. but lets face it they love that money
>>70386725
What does a new video game cost in Australia? $60 here.
>>70390356
It's not looking very good but as far as i understand it's still recoverable but a LOT of jobs needs to be brought back and a lot of the deficit can quickly be recovered with better trade deals alone.. I think what is it over 21-22 trillion if it gets more than that then it's point of no return.
But it's pretty obvious to see from the US perspective if Trump doesn't get in and do what he has promised. then burgerland is so beyond screwed within a few years it's not even funny.
>>70390205
SK is a very small country that imports most of its goods resulting in an increase cost of living, similar to why Hawaii is so expensive.
>>70386725
>Universal basic income
>Culturally homogeneous society
>Minimum wage
Best solution.
Prove me wrong
>>70389836
Well, I guess a lack of labor will drive up labor costs. We can see that in oil boom states.
>>70386725
That's federal minimum wage. What federal employee in the US gets paid that?
>>70387838
Then you should have no trouble presenting data to illustrate that.
>>70387143
The fact that the USD is worth less and the cost of living is higher implies that that those countries are far more developed than the shit hole that is the US
>>70387838
Says the shit hole that has a 20% VAT tax on everything. Even shit you get off eBay.
>>70390218
>What reason would there be for your boss to raise your wage if 2.3 billion Pajeets and Changs want to do your job for half of your pay?
What is the reason if there isn't one? I see none.
I see no reason why an employee would want to pay you more money than he has to.
Let's say there are 100 Burger flipper jobs and 50 people who want to work, they raising the wage to attract more people is logical, as it stands now for every uneducated job if you will take pajeets out of equasion there are double the demand, if anything wage should go down.
>>70387838
your country is weak and poor compared to ours, you stupid croissant.
>>70387341
>>70387143
>>70387349
>>70387973
Do some research Pol
http://www.numbeo.com/cost-of-living/compare_countries_result.jsp?country1=Australia&country2=United+States
>Consumer Prices in United States are 9.09% lower than in Australia
>Consumer Prices Including Rent in United States are 9.32% lower than in Australia
>Rent Prices in United States are 9.78% lower than in Australia
>Restaurant Prices in United States are 11.80% lower than in Australia
>Groceries Prices in United States are 2.81% lower than in Australia
>Local Purchasing Power in United States is 5.91% lower than in Australia
This infographic is a bit dated, so using current figures:
Aus min wage: $17.29 = $13.16 USD
US min wage: $7.29 USD
Australia's min wage is 88% higher than the US's which more than accounts for our higher cost of living. You're well behind Americucks
>>70387592
It's because it has competent labour unions which have a legal right and obligation to negotiate wages
>>70390610
>Universal basic income
>Culturally homogeneous society
>Minimum wage
You're missing the last ingredient.
Japan has 2 out of those 3, but their people make shit wages and the economy is in the toilet.
You absolutely need foreign firms competing fairly with your domestic firms.
Japan has to open up their markets. American-made products should be tax-free. Chinese-made products should have an appropriate tariff so their prices don't undercut domestic brands.
Without foreign competition, you end up with a handful of companies controlling entire industries and seeing no reason to lower their prices or increase wages, since there are no companies around to compete with them for employees.
For such a "smart" race, I'm surprised the nips don't realize this.
>>70390610
>Universal basic income
Where do you generate all this free money?
>>70390905
>You absolutely need foreign firms competing fairly with your domestic firms.
>American-made products should be tax-free. Chinese-made products should have an appropriate tariff so their prices don't undercut domestic brands.
You realise you're contradict yourself there right.
>>70390850
Burgers, US is definately not underdeveloped, you've simply let your deficit rake up whilst having a lots of gibsmedats and high unemployment at the same time due to losing massive amounts of jobs over many decades.. and on top of that massive amounts of illegal immigrants which also cost a lot.. this is not exactly a recipy for gdp growth, no growth, and high taxes, with massive loss of jobs and negative trade.. doesn't translate into wage increases.. i'm sorry to say.. And now the effect is sadly starting to show.
But doesn't have anything to do with developed or underdeveloped in that way.. But the US infrastructure as far as i've heard could use a bit of work but that's a side issue.
>>70390779
>What is the reason if there isn't one? I see none.
Employees have more choices and don't have to stick around for a crap job with crap pay. Low-paying positions will be difficult to fill and employers will be forced to raise wages to attract candidates. That means they have to stop acting like a Jew and give up a portion of their record profits to offer higher wages, so you effectively solve 2 issues at once: Low wages and income inequality.
>if anything wage should go down.
Why would wages go down? Aggregate demand will stay the same. The only difference is that employers will have a harder time filling positions.
Pic related is the amount of minimum wage in Switzerland.
>>70390869
min wage is also age dependent
>>70391179
>You realise you're contradict yourself there right.
How is that a contradiction.
Wages in China are a lot lower than they are in Japan.
Fair means giving tariffs based on a country's income-level so 2 identical products can be sold at the same price in a market.
>>70391237
Considering it's still recovering from the financial crisis, the US unemployment rate is the lowest it's been since 2009.
>>70391264
> Low-paying positions will be difficult to fill and employers will be forced to raise wages to attract candidates
Why? Where? Show me one low paying job that is hard to fill in a country where people drop out of grade school.
If anything, there will be a fucking line for that position filled with poeple who are willing to get paid anything.
>Why would wages go down?
Because you have shit ton of demand for uneducated jobs
>>70386725
>current year
>making min wage
GIT GUD FAGGIT
>>70386725
>puts up minimum wage number
>forgets to put up cost of living, average retail price of commodities, etc.
Americans pay $50-$60 for a game, Eurocucks pay like 80 or some shit, they bitch about it all the time
>>70391482
Then we have two different notions of competing fairly. Competing fairly two me is competing under the same conditions (i.e. the same rules).
China can produce cheaper because it has set up its economy to do so. If you believe in the free-market, this issue will correct itself either by Japan readjusting the use of its labour, or (as most developed economies do) switching from industrial production to the service industry.
You can't advocated opening markets to induce competition, but then say "although we're going to hold back the biggest competitor so you guys don't have to try as hard"
>>70391554
>Show me one low paying job that is hard to fill in a country where people drop out of grade school.
What does this have to do with anything?
I'm talking about immigrants glutting the labor market and dropping wages across the board.
This isn't limited to just unskilled jobs. This affects every job in the market including skilled jobs.
>Because you have shit ton of demand for uneducated jobs
What? If you get rid of immigrants, wages for all jobs will go UP, so there will be no increase in demand for low-skill jobs.
>>70391029
>Where do you generate all this free money?
Taxation bro
>>70391413
Which is why the minimum wages quoted here refer only to adults
>>70391705
>Eurocucks pay like 80 or some shit
They usually pay US price + 20 + 15-20 VAT (value added tax or some shit). The extra 20$ goes to the developer cause reasons, and obviously the tax goes to the gov. At least most shit here in Canada (except rifles 400$ diff on a mini-14 I bought last year) is on par with US. Somehow Euros will take it in the ass for 20$ to download MS and Oracle, among others products
>>70391926
> If you get rid of immigrants, wages for all jobs will go UP
I don't understand logic behind this, at all.
if you are talking about illegal immigrants then they do not have positions in higher jobs, if you talk about legal immigrants then they follow the same laws. therefore contributing to the country by paying taxes.
>>70391898
>Then we have two different notions of competing fairly. Competing fairly two me is competing under the same conditions (i.e. the same rules).
Simple fix. Just create an international rule:
Tariff rates will be based on country's median income.
>China can produce cheaper because it has set up its economy to do so. If you believe in the free-market, this issue will correct itself either by Japan readjusting the use of its labour, or (as most developed economies do) switching from industrial production to the service industry.
I don't believe in the Free Market. It's an outdated philosophy for low IQ faggots who think they're intellectually superior.
The only path a truly free global market will follow is one where the elites are richer than ever before but the bottom 99% in developed nations are poorer than they've ever been because the wages of those in the developed country would reach equilibrium with wages in third world countries.
oh look an image with numbers on it, must be true. can confirm bullshit for Australian wage.
>>70390508
You know how much they pay for a pack of cigs? $25-$30, meanwhile in $7 for a pack land
>tfw california will soon have a higher minimum wage than Australia when you factor in exchange rate, while also having a lower cost of living
>>70386725
>relative buying power
Australia's equivalent is around $10/he if you compare buying power.
>>70392154
As I put towards someone else, they have to pay $25-$30 for a pack of ciggs. They "make more" but pay out the nose
>>70392154
Hey Canada, how's paying out of your ass for shit-tier internet services?
Also check my phone plan. 14USD a month for 500 minutes, Unlimited texts, and 1gb data. And this is a pay-as-you-go, I can opt out whenever i want deal.
Get on my level.
>>70392171
>if you are talking about illegal immigrants then they do not have positions in higher jobs, if you talk about legal immigrants then they follow the same laws. therefore contributing to the country by paying taxes.
This is why educational rankings don't tell the whole story.
America's ranking is low because of dindus and our policy of educating everyone. Our best, however, is better than everyone else's best.
It doesn't matter if immigration is legal or illegal. Their presence alone gluts the labor supply market and devalues labor.
Furthermore, immigration increases aggregate demand, so commodity prices INCREASE while wages decrease. Look at NYC housing prices. It's an immigrant shithole with low wages, but real estate prices are through the roof.
Immigration is a double-whammy for the bottom 99%.
>>70392381
>how much they pay for a pack of cigs? $25-$30, meanwhile in $7 for a pack land
I remember when it was 2.50$ a pack for 'premium' smokes. Now it's 12$, but we have the injun rez a 15 min drive out, tax free smokes, gas and booze. I can put up with retarded injun for this shit
>>70387838
So cost of living you fucking moron?
>>70392561
You still pay for minutes? Cute
>>70392283
>I don't believe in the Free Market. It's an outdated philosophy for low IQ faggots who think they're intellectually superior.
Amen. The only people whoever preach it in my uni are the smug 0.01% who try to justify it by saying it'll be better for everyone.
>>70386725
Holy fuck I don't know if I've ever seen a picture that demonstrates such a lack of knowledge of exchange rates, inflation, etc. until now.
Fucking impressive.
>>70392764
I don't use them regardless. Everything's through 4G (data) these days.
>>70392561
>how's paying out of your ass for shit-tier internet services?
Yup you have a point. I pay 35$CAN/month for 400min and 2 gb data on my phone, but I've had the plan for 10 years, and it's probably been scrapped. Internet is fine, unlimited bandwidth 25mb/s, but also I'm an old fucker and have no idea how bad today's new custy plans are
>>70389900
It's such bullshit. We worked hard doing math and physics that no other plebs can do and we provide essential services yet fucking burger flippers earn 1/3rd of us and they pay less taxes and they get more social benefits.
It's fucking stupid.
>>70392617
here is the thing about legal immigrants, they come to take a job that in demand of an employee, it has this demand because current state of unemplyed cannot supply this demand.
Company cannot wait for someone to loose their job so they can start emplyoment, they need emplyee ASAP.
By cutting this off you will have companies without met demand of workers with can be deadly to a small business.
>>70393050
>We worked hard doing math and physics that no other plebs can do and we provide essential services yet fucking burger flippers earn 1/3rd of us and they pay less taxes and they get more social benefits.
It's called immigration.
Skilled immigrants are willing to work for minimum wage.
>>70386725
The minimum wage worldwide will always be zero.
>>70391539
>the US employment rate is the lowest it's been since 2009
Do you know they count people who have stopped looking for work because they didn't find any, as statistically employed? With that kind of magical wizardry bullshit, it's no feat to pretend it's 5% unemployment when it's more like 25%
>Germany
>minimum wage
Pick one. It has so many loopholes it might as well not be there.
>>70393246
Okay, but then we're arguing over imaginary numbers.
Is there a source that has accurate real unemployment levels?
>>70386725
21$ with 38% tax
>>70393210
Oh I get your argument now, I see I didn't connect 1 and 1 together, you see we have minimal wage based on the job and not country wide one.
so if someone is willing to work for minimal wage in electronical engineering he will be getting exactly the same wage 90% of his colleagues are.
>>70386725
> Be New Zealand
> Minimum wage goes up
> People think minimum wage should be the same as the living wage
> People say every things too expensive for poor people, minimum wage needs to go up
> Most poor people have 2-3 cars, normally V8's, council housing, free education etc..
> People dont realize that increasing minimum wage increases the prices of things.
Milk used to be $0.50 per litre back when the minimum wage was like $7.50.
Now its like +$1.50 per litre and the minimum wage is now $14.75
> Wage goes up ~%100, milk goes up %200
>>70393191
> they come to take a job that in demand of an employee, it has this demand because current state of unemplyed cannot supply this demand.
Employers want a skilled and experience immigrant working for a bit above minimum wage.
If an employer wants someone in their own country to fill a skilled job posting, they would significantly raise pay.
By importing immigrants, you're stagnating healthy wage growth.
The issue is that raising wages significantly reduces the employers profit margins and they're too greedy to want to do that.
Importing immigrants isn't the solution. The moment the US Gov ends immigration and H1B Visas, they would be forced to increase engineering salaries to 150k-250k starting just to attract Americans. You think more Americans wouldn't be interested in engineering if salaries are 150k starting instead of the pitiful 50k they have now?
FFS, my first unskilled office job had a $59k starting salary, because there are no immigrants and H1Bs for my field (Because it's considered unskilled work).
Immigrants get pidgeon-holed into skilled work and now it has a lower salary than an unskilled office job.
>>70386725
Why not just raise the minimum wage to 100 an hour?
>>70386725
But the only nice countries to live in there are Germany and Denmark.
>>70393796
You tell me, why not.
C'mon, I'm sure you have argument and not just fishing for upboats.
>>70386725
It's called stop being a lazy faggot and get the fuck to work
>>70393796
Right, the OP argument acts as if there's no causal factors whatsoever to why the US wages are stagnant, and to just raise the minimum wage arbitrarily.. and act as if that has zero consequences for businesses aswell. Whilst also not factoring anything into the comparison between wages of the nations that it is compared with..
>>70393796
>Works one 40 hour week
>Takes 3 month vacation wherever before prices change
If only
>>70393931
Wow do you really think it's that simple finland? why not just 100 gorillion then.. everyone in the US will all be rich lots of money to put back into the economy..
Oh wait.. who can pay those wages to their employees and still remain competitive? whilst being massively taxed?
>>70393516
>so if someone is willing to work for minimal wage in electronical engineering he will be getting exactly the same wage 90% of his colleagues are.
This isn't as bad as what the US does (No minimum salary except minimum wage), but it still leads to stagnating wages.
In the US' case, immigration and H1B cause a race to the bottom to the national minimum wage.
In your case, immigration and H1B-like policies cause a race to the minimum skilled-work wage.
I work for Walmart. We've been raising our base pay every year, we're at $10/hr now.
The cuts that have been made are awful in these past 2 years, they've closed hundreds of stores and now we're very understaffed and have more "floaters" instead of having specific departments.
Companies aren't going to change for minimum wage workers, they're always going to put profit first. Raising the minimum wage won't help anything.
>>70386725
The thing is I would never want to live in any of those countries.
>>70394405
in our case immigration and H1B policies cause a race to get ride of the unemployment benefits.
>>70394474
>they're always going to put profit first
This is why I think we're fucked.
Too many pro-corporate policies like mass immigration and H1B visa combined with record low taxes have made companies and rich people used to making billions of dollars in profit every year. This is their new "normal".
Passing legislation to reverse all the damage they've done will cause their profits to shrink back to 7 or 8 digits at most. It'll be a big blow to someone who's used to making $5 billion in profit each year to come down to only $15 million every year because no immigration forced him to raise wages for his employees. I can see a lot of business owners just "giving up" from being discouraged from seeing a lot less returns on their investment.
A person running a smaller company and making a lot less profit will be happy to run a company the size of Wal-mart but at a significantly lower profit, because he's never experienced making a 7-digit profit annually. We need these smaller companies to replace the bigger ones.
>liberals that don't think the minimum wage needs to be abolished
isn't their hole thing to make fun of conservatives for voting against their own interests? pretty ironic that the only person who is affected poorly by higher minimum wages are minorities
lmao, fucking retards
go ahead and raise it, good luck getting a job when machines are more cost efficient than humans because of your new minimum wage you idiots
>>70394474
Here's a thought.. If companies have an incentive to stay, and are taxed less, and it's deterred to outsource jobs to poorer nations that are willing to work for less, you won't have to lower your wages as much to compete with them.. And then if they want those corporations to enter those nations they have to pay their workers more..
It's brilliant what china has done if you think about it.. by their tarif scheme of charging 25% for US goods to enter china, companies then move to china to produce them there instead.. then they take them over and sell back to the US.. and the US recieves the goods with 0% tax.. total bait and switch.. they take the jobs, the designs the blueprints the facilities the know how.. then sells it back to the US :D and then the US wages stagnate, us loses jobs, higher unemployment deficit goes up to keep the wheels turning.. raises taxes on corporations, more corporations leave.. etc. etc.
If you lower the taxes on corporations they'll be less inclined to higher cheaper labour or to outsource.. and put say in this case american jobs first..
As i see it the US's main problem is it disinsentivizes corporations to stay there.. so they don't.. and that benefits other nations greatly but not the US..
Aswell as too high taxes on the US middle class.. less money to put back into the economy..
>>70386725
How can we catch up if we're already ahead?
>>70394905
That's why bailouts and "too big to fail" are retarded. It's perpetuating a monopoly on corporate competition. No new car brands because how the fuck could they possibly compete of these big corporations literally aren't allowed to tank
The US private sector has been dismantled and destroyed over the cause of several years/decades.. slowly but surely and other nations have taken those jobs and manufacturing aswell as higher paying jobs..
And the US is stuck with very high taxes that makes it so even if you have a high requirement/highly skilled job, what you actually get paid is very little compared to what you actually do.. Cause.. high unemployment and gotta collect the taxes to keep the deficit in check and keep the wheels running somewhat.. and for the gibsmedats etc. aswell..
So what does the corporations do to still be competitive.. since the taxes won't be lowered.. they lobby to get illegal immigrants in etc. that just fucks up the situation even further for the burgers, like pissing in your pants to stay warm.
>>70393517
you sure the milk prices aren't affected by the gigantic demand for non-poisonous baby formula?
>>70386725
minimum wage needs to be regulated country wide. give the fuckers 9 an hour country wide. 7.25 is too low, especially for those older people who have that job as their only income. give em 9 and hour and just shut everyone u. not hard.
As i understand it the US corporate tax is one of the highest in the world..
How does that
a) incentivize the corporations to stay in the US
b) make it possible for them to pay their workers higher wages..
c) makes it possible for small businesses to compete?
d) increase in group loyalty for US corporations
It doesn't.. They have to compete, they can't so they go somewhere else..
what does that do for gdp, negative or stagnant.. what does that do for unemployment.. increase.. welfare cost.. increase.. deficit.. increase.. with fewer and fewer and less and less paying for it..
Look how bad it is with that corporate inversion shit trump is talking about.. several trillion outside the US that they can't bring back into the US and put into the economy.. cause "reasons".. So they leave the US and setup shop somewhere else just to get their hands on them..
I mean it's kind of ridiculous how much the US is screwing its private sector over by doing these kinds of things..
Basically handing their corporations and businesses to other nations on a silver platter that are happier to accommodate lower taxes and such things so that they can get more people working and raise their gdp... And nobody could be that stupid, it must be lobbyists that are involved for other nations.
>>70392381
You do understand this is because 90% of that cost is tax to discourage people from smoking, right? You've cherry picked an option that you are financially punished for buying.
>>70387592
>>70386725
Denmark does not have a minimum wage. This image is clearly lying.
The Australian minimum wage is $17.29 per hour for fulltime workers and $22.47 per hour for casual workers (Which almost all minimum wage workers are, even if they work full time schedules)
According to the IMF the Purchasing Power of the Australian Dollar is ~67.5% of the US Dollar, so our casual minimum wage, at PPP, $15.17
And I would say It's too high.
US minimum wage could do with an increase but $15 is ridiculous - you don't want it America.
>>70390508
$70-80
>>70392548
Its not that bad. Pack of cigs cost maybe 11 dollars. Sweden and Britain are much more expensive.
Never
>>70398688
Same price here.
>>70387838
i for one am proud to earn my own way rather than have it given to me
pathetic lazy frenchman
>>70388224
>cost of living
you could literally live better than 50% of the world with couple hundred bucks down(for your shity apartment) and 30 bucks a week after. but no, you need phones and internet and fastfood and new cloths and all that other bullshit that you want included in "cost of living"
protip- if bums are walking around with iphones then there is something seriously wrong with our priorities
>>70389523
people down mexico way work the fields for 50 pesos a day
>>70386725
no need to give more reason for illegal immigrants to break the law
>>70386725
Nope.
Fuck the rest of the world, learn a trade faggots
>>70386725
All of those economies are shit in comparison and are countries with no population comparable to the United States. Kek.
>>70386725
>mfw arguing with liberal colleagues today about this shit
I need to work on my debating, but it's insufferable to hear shit like
>muh living wage
>muh economic stimulus
>muh people deserve to get paid
Isn't it funny how "the rest of the world" is basically always just Canada and western Europe, to the Left?
>>70394474
Is this why I can wait 10 minutes before they finally send someone to the ammo counter? Is this why a store with 30+ registers have on average 4 open?
>>70386725
How many American people flee into those countries ?
How many Europeans do the opposite migration ?
You got your answer about which one has a shitty inneficient system.
>>70400817
The funny thing is neither you or your colleagues have a clue as to the full effects this will have (negative or positive) on the economy.
PHDs still argue over this stuff.
It would be like talking about why string theory doesn't make sense to my fellow car salesman buddies.
It's just a bunch of stupid trying to convince the other stupid people that they're wrong.
>>70401205
An employment is a contract whose terms are agreed on by 2 parties.
Everyone with an IQ above 110 knows that adding a third-party whose agreement is necessary (the government and its conditions) will lower the number of such contract signed.
Sex is also something hard enough to negociate between just 2 people : if you add a mandatory sexual officer to watch, record and approve of every position in the bed in addition to both partner, it will make the sex market very small and unnatractive to enter.
>>70401605
What the fuck are you talking about.
There isn't an agreement with the government in every contract. There is law (which by the way is the only thing that makes the contract valid)
Go somewhere else with your pseudo-intellectual anti-statist bullshit
>>70387738
Dude, sorry to hear that.
This kind of shit pisses me off. Didn't even have a say in the matter
>>70386725
Fuck off you retard, why do you keep ignoring the fact that the mean cost of living in these other countries is fundamentally higher than in the US? Let's put it into Burger terms: With 8.50€ (which is the national minimum wage) I can buy two singular Big Macs. What about you, 'lard?
>>70390205
Because no economic relationship is as simple as A ∝ B you fucking idiot.
>>70390610
GTFO REDDIT
>Catch up with the rest of the world
>Literally the most powerful country in the world
wew lad
>>70386725
will those countries ever make it to space?
will those countries ever have a reusable rocket design?
you would think that with all of that extra income they would have done something useful with it.
>>70386725
the minimum wage in France is 9,67 €/hr ...
>>70387838
Whay are the blue and red stain doing on your flag? They aren't normally there.
>>70386725
just to bad the minimum wage doesnt mean anything, they let you work for less anyway.
>>70386725
relly makes u think
>>70386725
>implying inflation won't render it moot as corpos drive prices up to compensate
>>70404510
Why such an odd number and not a round one?
>>70407278
Maybe it's based on some tangible facts and not feels.
