Originally Posted by arock10 (Post 20066630)

Let's just bring back slavery

Originally Posted by Vendzilla (Post 20066536)

Have you ever heard him give a speech and hear how under his administration last month 25,000 jobs were created?

Originally Posted by Vendzilla (Post 20066536)

I'm calling him on it! They are all low wage earning jobs to replace all the good paying jobs that have been lost.

Originally Posted by Vendzilla (Post 20066536)

I call bullshit.

Originally Posted by Vendzilla (Post 20066536)

Socialism and big government have nothing to do with it

Originally Posted by Vendzilla (Post 20066626)

Be careful, the people in this thread that are supporting Obama are happy with their jobs at burger king. Because this doesn't effect them, I should have known!

Originally Posted by JA$ON (Post 20066336)

Why make it $10? Thats by any standard low....why not $20? Wait, why not $30? Because...

There shouldn't be ANY min wage!!!!

Only 5% of people are paid MW in this country anyway so its really not a huge factor in solving any macro poverty issue. And guess what, people who are worth more...get paid more :) They demand it or they can take their skills elsewhere.

Eliminating it all together would get more entry level people in the workforce. Someone with NO skill adds very little value to an employer, so if the min wage is more than the employer can afford to pay that person to be around....guess what....THEY DONT HIRE THAT PERSON, lol. Eliminating the MW lets people with no skill get in the door. Maybe at $5 an hour, maybe $3. A VERY small % of those who started a job at min wage still made min wage 2 yrs later. The worker has the choice to not accept the job, but it opens the door to get skilled and work their way up, make more etc etc.
Forcing someone to adhere to a MW will just have employers evaluating their books and having to either let people go or not hire new ones , expand and so on. OR if its a business that uses a lot of unskilled grunt workers (Cashiers etc) and they can't let people go....they just raise prices.
And $1 or $2 per hour more does NOTHING to help lift people out of poverty. Its a way for politicians to throw their hands in the air scream "look at all Ive done".

Originally Posted by Vendzilla (Post 20066623)

You really can't read can you?

Peoples wages are going down and he is saying it's a good thing! Now he wants to correct it by giving those people he put in lower paying jobs a little pay raise.

Originally Posted by trevesty (Post 20066669)

No, that's you not understanding at all what he said. Employment numbers increasing is overall a great thing, regardless of the market. Him wanting to increase the minimum wage to a respectable dollar amount is indicative of him understanding the economy(well, his advisors anyways).

He didn't put anyone in any jobs other than those he personally appointed to be his advisors(SecDef, etc). Nice try, though. Wanna show everyone again how much you don't understand public policy? It's pretty funny to read.

Originally Posted by MaDalton (Post 20066533)

no doubt about that - just that in one case it's fine and in the other case it's not. and vice versa - depends on who reports

funny

Originally Posted by Vendzilla (Post 20066569)

I'll let you know when we stop spending money on Iraq and sending drones to Pakistan

How the fuck can you compare the two? Are you going to call me a racist next?

Seriously, what the fuck do the two have to do with each other?

Originally Posted by sicone (Post 20066622)

At least there are those jobs. Romney and friends would have found a way to outsource most of those jobs too. The person asking you if you want to super size your meal will be asking you from the Philippines as machines box up your meal.

Where did all the mid level paying jobs go? Call tech support and ask them.

Originally Posted by Tofu (Post 20066641)

I miss Clinton...



:(

Originally Posted by directfiesta (Post 20066693)

He was amazing .... USA was respected and loved worldwide ( well, maybe a few places not so much ) and there was a feeling of progress ...

Now, the USA is in ruins and the only feeling is of internal war :2 cents:

Originally Posted by signupdamnit (Post 20066649)

I didn't know the president owned the fast food joints and all the other companies?

People are silly. The president isn't responsible for jobs. Employers decide that and indirectly so do consumers ultimately. The president has some sway in directing policy but it's maybe 10% in comparison to congress and the results are usually delayed years.

I mean you may as well blame the pope....

Originally Posted by Sly (Post 20066678)

1.83 million mid-level/high-level jobs were lost, 1.85 million low-level jobs were gained

That's a victory?

If his understanding of public policy credits him for the 1.85 million low-level jobs gained, surely his understanding of public policy also credits him for the 1.83 million mid-level/high level jobs lost.

Go Obama!

Originally Posted by trevesty (Post 20066830)

I was talking about Vendzilla's understanding of public policy.

Originally Posted by tony286 (Post 20066537)

sorry that was your buddy reagan. Those cards were dealt a long time ago. Wages have been flat for 30 yrs.

Originally Posted by blackmonsters (Post 20066553)

At what point in the future from today will the US total of food stamps paid out equal that spent on the Iraq war?

Just curious how the number stack up.

Originally Posted by kronic (Post 20066688)

50 people pissed off because the president wants to give them a raise??? :helpme

Originally Posted by trevesty (Post 20066830)

I was talking about Vendzilla's understanding of public policy. All in all, the economy is definitely recovering, though your point is absolutely valid in a sense. I don't put the blame(or credit) at the POTUS' feet either way personally. He hasn't been able to do much of anything since 2010.

Stock market is hitting record highs, though. Doubt anyone's making any money from that except fast food workers. :winkwink:

Originally Posted by directfiesta (Post 20066687)

... and 5 billion in '' the '' Ukraine ...

Note: our gov is no better on that topic .. :2 cents:

Originally Posted by trevesty (Post 20066830)

I was talking about Vendzilla's understanding of public policy. All in all, the economy is definitely recovering, though your point is absolutely valid in a sense. I don't put the blame(or credit) at the POTUS' feet either way personally. He hasn't been able to do much of anything since 2010.

Stock market is hitting record highs, though. Doubt anyone's making any money from that except fast food workers. :winkwink:

Originally Posted by ********** (Post 20066869)

Sorry. That's "Jesus Regan" to you know who. Respect the Ronald and bury the truth, otherwise you know who will get in a tizzy.

Originally Posted by Vendzilla (Post 20067242)

Hey dip shit,.....

Originally Posted by Sly (Post 20067227)

A few other times when the stock market saw record highs?

Dot Com Bomb
Housing Crises

Tech investors are predicting a tech bubble again and the housing crisis hasn't seemed to taught anybody anything. Could get pretty nasty if both popped again at the same time.

Originally Posted by trevesty (Post 20067312)

I agree. A friend of mine who writes predictive analytics software for a lot of the big firms on Wall Street is cautioning about that also. I'm also sure the federal reserve helps also, but not to the point that Vendzilla thinks.

Originally Posted by MaDalton (Post 20067291)

i might remind you of this the next time you complain that people resort to name calling when addressing you...

Originally Posted by trevesty (Post 20067312)

I agree. A friend of mine who writes predictive analytics software for a lot of the big firms on Wall Street is cautioning about that also. I'm also sure the federal reserve helps also, but not to the point that Vendzilla thinks.

Originally Posted by Sly (Post 20067322)

Vend and ********** are both trolling. Not sure why anyone (me included) even reads their threads anymore, but it makes banner views!

Originally Posted by Vendzilla (Post 20067476)

So you think that when the fed stops spending 85 billion on a month on the banks, everything will be ok?

Originally Posted by trevesty (Post 20067485)

I know that I'm not scared of doom and gloom stuff because I have a set of balls. I also know that the opposite of whatever you "predict" is probably what the reality will be. The Fed is doing it for a reason way above your pay grade. Once the banks feel "safer" about lending again, they'll start to back off of the $85bn / month - so, yes, once the Fed stops, it'll indicate that the banks are back to lending almost as "freely" as they were before the recession.

Originally Posted by MaDalton (Post 20067291)

i might remind you of this the next time you complain that people resort to name calling when addressing you...

Originally Posted by Vendzilla (Post 20067525)

Let me ask you this, what would you say to a person that believes that 75 billion spent on food stamps is good for the economy?

Wouldn't you think it would be better if people were working and not needing those food stamps?

Originally Posted by Sly (Post 20067535)

See this is one of those points where you are either trolling or just stupid. I'll let you decide which.

You bitch and moan about people calling names. Then you call names. Then you change the topic when you get called out on it.

I called you two names. Troll, stupid. Now I'm going to change the subject. I could really go for pizza!

Originally Posted by Vendzilla (Post 20067512)

What do you think giving the banks 85 billion a MONTH is doing to the value of the US dollar?

You have no clear idea what more money in the system does to the value of our currency do you?

The op was about the US having the strongest middle class in the world, until the last 5 years. Obama's Administration fixed that

Originally Posted by arock10 (Post 20067815)

Uh you mean the recession that started under Bush caused it and it would've been much worse if Obama didn't take steps like bailing out the auto industry, financial industry etc... Including the fed printing $85bn a month.
These lower jncome jobs are appearing due to deregulation brought on by conservatives. Min wages have declined since the 70s, the purchasing power of the min wage was $10.50 then, so the least that can be done here is raise the min wage to $10
People being paid min wage spend all their money, it's a great investment.

Originally Posted by Vendzilla (Post 20067835)

You don't read much do you?

Bush did the auto bail out, Obama added to it.

Saying it's bad but would have been worse if Obama didn't do what he did? Ok, Prove it!
You can't!

The OP wasn't about minimum wages, it is about people forced into minimum wage jobs when they had middle class jobs, all under the watch of the Obama Administration.

1.85 million people got moved into a lower class in the last 5 years.

Obama owns the economy, he spent a lot of money in the stimulus to fix it and that didn't work.

If you think the economy is better, why is the median wage 8% lower, what has your glorious leader done to fix that?

The recession started 17 months after the democrats got control of the house and the senate, leaving Bush as a lame duck president, how is he responsible for the recession?

You'll say it was the deregulation of the banks that caused it and Obama fixed the problems with the banks? Then why does the fed print up 85 billion a month and give it to the banks, they are having record earnings because of it. If you need 85 billion a month to keep the stock market to do well and the banks to do well, then you have a problem, try to see that!

Originally Posted by Vendzilla (Post 20067242)

Please tell me what truth you are talking about

Originally Posted by Vendzilla (Post 20067242)

Hey dip shit, it's not a good thing that so many people have to be on them

Originally Posted by Vendzilla (Post 20067242)

Wow are you delusional. You think people are going to buy porn with food stamps?

Originally Posted by MaDalton (Post 20067291)

i might remind you of this the next time you complain that people resort to name calling when addressing you...

Originally Posted by Sly (Post 20067322)

Vend and ********** are both trolling. Not sure why anyone (me included) even reads their threads anymore, but it makes banner views!

Originally Posted by Vendzilla (Post 20067525)

Let me ask you this, what would you say to a person that believes that 75 billion spent on food stamps is good for the economy?

Wouldn't you think it would be better if people were working and not needing those food stamps?

Originally Posted by Vendzilla (Post 20067542)

Fucking stupid troll! LOL I answered twice. For fuck sake, get that pizza, you must be low on carbs or something