US on track to borrow most money since 2008 financial crisis: report

[LV426]

That wasn't my assertion at all you pathological lying dumbshit.

Great!

So we are both in agreement that raising the MW doesn't kill jobs.

Glad we sorted that out.

 

[LV426]

I called it!

Trying to make this personal is the last tactic you have in your bag before totally flaming out with a cavalcade of the same meme over and over.

 

[TTQ64]

Yeah, because they then get higher-paying jobs like what happened in Seattle.

So you're here, crying crocodile tears over low wage jobs while ignoring the corresponding increase in employment; both overall like the 13 states that raised their MW in 2014 and in Seattle, which saw a corresponding increase in higher-wage jobs at the expense of low-wage jobs, while also seeing its unemployment rate get as low as 2.8%!

So when you talk about "those at the margins", who are you actually talking about? Because Seattle saw job growth at higher income levels after the MW hike as it saw low-wage jobs decline.

You seem to be saying we should keep low wage jobs around simply for the sake of keeping them around.

Weak sauce.





NO IT DOESN'T.

The part you are leaving out is that there was a corresponding increase in employment at higher wage jobs that came at the expense of low-wage jobs.

That is what the UW study says, fully.

What you do is the very typical Conservative tactic of ripping things out of context, and lying by omission.

You should get that checked out.

Yea cawacky......who are you actually talking about?

 

[LV426]

LOL, tried to pretend? It was my premise from the start. Reading comprehension and understanding bro.

Hold on a second...

Your initial premise was a lie. A lie by omission. You lied and said raising the MW leads to job loss for those at the margins, but the part you didn't say was that the loss at the margins is made up by a gain in employment at higher income levels.

So what you left out is a pretty damning indictment of your premise.

Was that deliberate?

Did you even realize you did that?

Or are you just vomiting forth propaganda because it confirms your bias without bothering to understand the details of what you're talking about?

I think it's the last one.

 

[LV426]

Yes, I should kill myself because a millennial has zero understanding of pensions. Let me guess, you didn't read the WSJ's article this week on our unfunded pensions being the size of Japan's economy?

You're the one who understands nothing. You're also the one who deliberately leaves out key pieces of information that alter the conclusions you're trying to jury-rig into a cohesive argument.

You're the worst kind of liar there is.

 

[Truth Detector]

Right, government spending increased and the result of that spending was more revenue.

Proof you are an uneducated moron.

 

[Truth Detector]

Ahhh!!

So you see what happened there in 1983? Revenue was below 1982.

So your argument, that revenue always increase after a tax cut, is wrong in the data you just posted.

Another dishonest dumbfuck eruption.

 

[Truth Detector]

8 years after!

LOL!

And that revenue growth was 65%

Clinton had revenue growth at 73%

Obama had revenue growth at 58%

So what are you trying to prove?

Another dishonest dumbfuck eruption.

 

[Truth Detector]

So that's 65% growth.

Not bad, but not Clinton's 73% growth and only slightly better than Obama's 58% growth.

 

[Truth Detector]

Several of the tax cuts in that Act started in 2001.




So thanks for helping me prove that tax cuts fueled the housing bubble, according to Bush in 2004.




LOL!

Revenue in 2009 was $2,105, not $2,524.

So you just lied. This is what happens when you don't cite your sources

In fact, not even revenue in 2008 was that high.

Here are the actual numbers for all of Bush:

2002: $1,853.1
2003: $1,782.3 (So right here, revenue below 2002 level after tax cut signed)
2004: $1,880.1
2005: $2,153.6
2006: $2,406.9
2007: $2,568.0
2008: $2,524.0
2009: $2,105.0

Another dishonest dumbfuck eruption.

 

[Truth Detector]

If the white man has to raise wages and pay the nigga more.........they will just fire the nigga.

That's the only way raising the minimum hurts Blacks. .....right cawacky?

Another race hustling dumbfuck eruption.

 

[Truth Detector]

The true minimum wage should be at 20-25 an hour.

Another dumbfuck eruption.

 

[Truth Detector]

Yes, the tax cuts caused deficits. That's why they repealed those tax cuts in 2017.

Another dishonest dumbfuck eruption.

 

[Truth Detector]

Right!

And the facts are that GDP for 2001 was still positive, so there's no excuse for revenues dropping below 2000 levels for four straight years.

Dishonest dumbfuck eruption.

 

[Truth Detector]

Your premise is a lie.

So we start off on poor ground because of you; because of your choice.

You deliberately omit information that undermines your argument.

That makes you a scumbag.

Dishonest dumbfuck eruption.

 

[Truth Detector]

Great!

So we are both in agreement that raising the MW doesn't kill jobs.

Glad we sorted that out.

Another dishonest dumbfuck eruption.

 

[Truth Detector]

I called it!

 

[TTQ64]

I hope this thread opens the eyes of those who want to compromise with the racist right when it comes to minimum wage.

$15.00 an hour is not enough and stop using the excuse of the cost of living in different states.

It's all apart of the grand scheme to keep wages low.

 

[Nordberg]

Raising the min wage has been done many times in many countries. There is plenty of data showing the results. The impact on jobs is very small. However, over time, the increased demand will produce more jobs. It does eat into the wealth gap though. Cannot slow down our plutocracy.

People should understand that if the min wage is kept low, you will make up the difference in your taxes. They get food stamps and assistance from all of us. You pay for their healthcare too.

 

[Irish Exit]

Republicans intentionally engineer trillion dollar deficits, so they can later claim there is not enough money for infrastructure, social security, education, and health care, and science programs. IN other words, the deficits are their fault, but other people have to pay for it.

Since the poor aren't getting poorer, infusing more cash is the only way for the rich to get richer. The US dollar is a debt-backed currency. That requires federal debt. That people are willing to buy US bonds returning 3% for 30 years reflects that people still prefer US dollars. Wonder why?