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Anonymous
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@DashDeschain: So basically you're arguing that the economy permanently collapsed in the 1840s, all our companies went out of business, and we starved to death about a hundred and fifty years ago. Gotcha.
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@burrowowl: Not sure where your reading comprehension got any of that. Government telling Business owners how to run their businesses does not work. Prime example, minimum wage. If you need an explanation on why minimum wage is terrible, there is nothing I can post to fix you.
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Anonymous
@Anonymous: So, we have tons of permanent unemployment, a miniscule fraction of our manufacturing jobs remaining in the US and have outsourced everything else to China. I don't understand this cartoon.
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Anonymous
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Anonymous
Maybe a more well read libertarian can enlighten me.... how would letting the corporations of today off their leashes actually help anything? Wouldn't that lead to a whole new can of worms just as distasteful if not greater than our current one? I'm all for social liberties, but giving economic liberties to the current crop of Fortune 500 sociopaths seems like a huge mistake.
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@Anonymous: I see that you personally know how to run a business better and more efficiently than the person who runs the company and is required to make a profit or go out of business.
Using that same logic, you should legislate their morality on top of their work ethics and business models.
Obviously, that's worked out well so far.
:rolleyes:22 1 -
Anonymous
@Anonymous: >implying they're sociopaths and not people who played by the rules of the system to get where they are today
I love how people blame the corporations, when it's really the government who has created the atmosphere and the environment for your so called "Fortune 500 sociopaths" to flourish and thrive.
If there wasn't any government regulation, corporations probably wouldn't even exist today.2 -
Anonymous
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@DashDeschain: >Government telling business owners how to run their businesses does not work
Yeah, the health and safety act was a fucking terrible idea.
Also good job with those sources.61 1 -
@Harbltron: Legislation that was not needed. Businesses are in business to make money, not pay employee lawsuits. I wonder how the previous generations managed a full day of labor without dying every time they went to work...
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Anonymous
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Anonymous
@Anonymous: Perhaps 13 year olds ARE better economist because they don't give a fuck about the current nonsense.
OH YEAH, reality is awesome! I work for a low wage losing more rights every day, but atleast I can vote for two presidential candidates who won't change a thing. Yeah, grown ups, woohoo!31 -
Anonymous
@DashDeschain: Because everyone who isn't a capitalist is a socialist. Life is easy in black & white, I guess.
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Anonymous
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Anonymous
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@Anonymous: I see that you're just going to start adulthood right at the top of the food chain, bypassing all those peasants.
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Anonymous
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@Anonymous: :rolleyes:
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@DashDeschain: >I wonder how the previous generations managed a full day of labor without dying
A lot of them didn't manage it, which is why workplace safety laws were implemented in the first place.
Let me get this straight, are you actually arguing against initiatives like labeling combustible of flammable products, or forcing steelworkers to tie off?2 -
@DashDeschain: Yeah, let's go back to the good old days where workers had to buy everything at the company store, 20 hour work days, unsafe working conditions (hey, I'll just hire someone else if your arms get amputated), children working rather than learning to read, etc., etc.
How is it that you managed to become an adult and not hear about the basic conditions of labor under unfettered capitalism? Now go read some books on labor history and stop being a douche.212 2 2 1 -
Anonymous
@Meander_Thralls: You're being ignorant...IGNORANT. It's good for the economy, the business owners are the good guys. You're just a dirty socialist. SHUN THE NONBELIEVER.
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Anonymous
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Anonymous
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Anonymous
As usual Canv.as goes full retard discussing anything political. Labor laws were/are 100% necessarily, I can't believe, outside of trolls, and willfully ignorant teenagers who has never worked a day in their lives, anyone would suggest otherwise.
If you like child labor, long days, no benefits, no safety, discrimination in hiring/firing/promotions, that's fine, move to China.55 -
Anonymous
@Anonymous: Indeed, i stopped taking seriously #politics long time ago, everytime i come here is the ame shit (Opinions = facts, trolls, uninformed people discussing serious topics, etc)
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Anonymous
@Anonymous: >Somebody disagrees with you.
>"willfully ignorant teenagers who has never worked a day in their lives"
Classy.21 1 -
Anonymous
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Anonymous
@Anonymous: Man, you don't go on #politics much. This place is a cesspool of young republicans and kissing the ass of the upper class.
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Anonymous
@Anonymous: Union businesses keep failing and unionization rates are low. All the low skilled jobs are getting shipped places with less regulation. Making labor laws tighter won't exacerbate the problem, that's for sure.
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Anonymous
@Anonymous: >Doesn't know how to refute opponent's argument
>I know! I'll use sarcasm! That'll prove my wit and intelligence in this matter! -
Anonymous
@Anonymous: A large part of the current unemployment problem can be explained by the 40% hike in the minimum wage by the democrats once they could do whatever they wanted.
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Anonymous
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Anonymous
@Anonymous: >Implying that unemployment in every sector has anything to do with minimum wage
>Implying the democrats could do whatever they wanted with a republican majority in congress
>Implying you understand politics and economics -
Anonymous
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Anonymous
Ah, yes - good ole' LeftyCartoons:
> Comic about how government has to protect you from yourself
> Comic about whining special interest groups
> Then
> Comic about government messing up the economy with a bailout
> Comic about government being in the pocket of special interest groups
Good job LeftyCartoons, you have no idea what your own agenda is.4 -
Anonymous
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Anonymous
@Anonymous: The highest unemployment was among the young and uneducated.
The zero lower bound also makes the 40% hike in the minimum wage more relevant.
The hikes happened in 2009 (you have a short memory).
If the economy were growing, minimum wage hikes wouldn't be a problem.
I'm not saying minimum wage hikes tanked the economy. But because the economy tanked, the hikes exacerbated AD-based unemployment for low skill jobs.
http://www.themoneyillusion.com/?p=12785
http://modeledbehavior.com/2011/05/09/higher-wages-arent-free-and-why-environmentalists-should-be-the-defenders-of-efficiency/
http://www.themoneyillusion.com/?p=9652 -
Anonymous
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Anonymous
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Anonymous
@Anonymous: http://www.tnr.com/blog/jonathan-chait/94293/alan-kruegers-key-insight
Raises in the minimum wage don't effect unemployment. -
Anonymous
@Anonymous: It's funny because I'm not even part of the conversation, I just noticed you were being silly.
Thanks for the troll stickers though! -
Anonymous
@Anonymous: Well, they may not some times but they certainly can (as your link says).
That's how I interpret Scott Sumner's writings, anyway. -
Anonymous
@Anonymous: http://www.themoneyillusion.com/?p=13877
This, for example, I would interprate as blaming the combination of monetary policy, minimum wage hikes and NGDP stagnation as the cause of unemployment (among unskilled workers). -
Anonymous
@Anonymous: You guys could do a lot better, the world doesn't end if poor can afford basic living standards.
http://www.fairwork.gov.au/pay/national-minimum-wage/pages/default.aspx





