Jobless Rate, Recession, and Obama, page 2
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ATS Members have flagged this thread 4 times


reply posted on 6-9-2008 @ 10:37 AM by jamie83
Originally posted by mister.old.school
Do you have any data to support what appears to be vacuous rhetoric?


Sure, but I doubt you'll read it.

Try this report by Burkhauser, Couch, and Wittenburg. They are from Cornell, U. of Connecticut, and The Urban Institute.

Source

This is a link to a government site on minimum wage. You will see here that most minimum wage workers are under 24 and entry level workers.

Source

And here is a report on the long term negative effects of raising the minimum wage. It's quite an interesting read, imo.

Source

Once you finish up with these I can provide more.


All of the jobs data I've seen indicates the vast majority of those being "laid off" are within the ranks of middle management and skilled workers -- hence job categories well above the minimum wage mark.

Please help us understand your rationale by supplying supporting information, or at least historic comparisons, that substantiate your position.



mister.old.... you must have mistakenly forgotten to provide the links to your sources. I know somebody who is such a stickler for having sources of data wouldn't have done this intentionally. It must have been an oversight on your part.


reply posted on 6-9-2008 @ 10:53 AM by KaginD
Originally posted by jamie83
Originally posted by KaginD

Okay. First of all, I never questioned your educational background (which at the moment seems slim to none) so don't ever question my work history or knowledge of where my money is going.


What are you talking about? Don't ever question your work history? Why?



It seems to me that if anyone questions your reasoning you become very insulting and agitated. Don't post a thread if your going to get upset and insulting if people question it.




Very insulting?? OMG.... what do you consider an insult? I just asked if you had any experience in the real world to understand how much people get paid under the table. This is very insulting to ask? For all I know you could be a college student who never had a job.


And back on topic, can you explain how increasing the minimum wage and increasing corporate taxes will increase jobs?


Jamie, you've got to be kidding me. I asked you to post a source so I can read more into detail about what your thread was referring to. What just happened was you had an opportunity to educate me on a topic about corporate taxes that I don't know much about, and instead you got defensive because I said that all politicians are the same which was my opinion and started questioning me about weather I have worked in the "real world". What this tells me is that you did not post this thread to enlighten people, you posted it to argue. If you actually read my first post, I never said that increasing the minimum wage and increasing taxes would increase jobs. If I did, just quote it and show me because I remember asking for a source and then going on tho say that all politicians were the same and they are turning us against each other. So now, if your done derailing your own thread, can you please explain to me your view on corporate taxes?? That is what you were trying to say, wasn't it?


reply posted on 6-9-2008 @ 11:09 AM by mental modulator
Originally posted by jamie83
Originally posted by mental modulatorS.

BIG business hold no allegiance to the red white an blue.


Great point. Which is exactly why the U.S. needs to focus on creating an environment that appeals to big business. If the U.S. is friendly towards businesses, the economy will grow.




lets say that Obamas plan puts 2,000 into the pockets of 200,000,000 families

thats $400,000,000,000 less the 10% saved ( which would likely be in a bank to help capitalize )

$360,000,000,000 in the market which would be spent - earned by business.



What are you talking about? Obama is going to put $400 billion into the pockets of 200 million people, who are then going to spend $360 billion that will trickle up to the big businesses?

Where is the $400 billion going to come from?

Here's a newsflash.... no government program and economic plan has ever created wealth.


Raising minimum wage and resetting the tax brackets...

Just by raising the minimum wage by one $1 would put $2080.00 - lower/no tax
a year.

EVERY red cent would be injected back into the economy...

A lower tax rate for AMERICANS would provide more money and in the same way
injected back into the economy.

Trickle up works because, money always flows up, think for christ sake!

A hand and mouth person is not going to burn their money - they are going to spend it on a coke, hamburger , dvd....

If someone spend every penny where do you think it goes sir?

Count the $1000.00 tax credit and the money saved via tax rate shifts and the number would be much higher then my estimate of four hundred billion.


reply posted on 6-9-2008 @ 11:47 AM by jamie83
Originally posted by bknapple32
honestly with all the negative posts by jaime, its a wonder why the mods have to post threads telling us to settle down. I have not seen one positive post from jaime. It is allllllll posted to try and tear down Obama.

Lets face it. Both candidates have done more for our country than anyone on this forum. Cept for anyone in the armed forces. These are TWO great Americans. They are putting themselves out there to be torn down by people like jaime, because they BOTH want to help our country back to a better path.

Im so sick of seeing posts describing one of the candidates like they are from the third riche


I appreciate your sentiments. I'm not saying Obama is trying to destroy the country or that he has bad intentions.

I sincerely and passionately feel that his plans are going to hurt the country instead of help the country, and I'm pointing out why I feel that way. Specifically, his plan to the increase minimum wage and corporate taxes in the face of an already weak economy is in my view going to push an already faltering economy over the edge.

Nothing personal here. Nothing attacking anybody. In fact, nothing negative at all. It is what it is. Just because I don't believe what Obama wants me to believe doesn't mean I'm negative. I would say it's more like realistic.

The negative members are the ones who add no substantive points to the discussion and immediately jump in with personal insults.

Why not call them out by name instead of me?
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