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Chitchat Jamus Lim plays the idiotic minimum wage card
- Thread starter Scrooball (clone)
- Start date
U started it 1stlearn from you. LOL!
What? Then you learned from me?
Don't lah.
Anyway seriously I have to keep reminding myself not to have serious debates or discussions with anyone anymore.
No point lah. Not just on SBF but online, in person, anywhere. Just say yeah ok ok uh-huh yep correct, excellent, truly, absolutely, awesome, great, agreed, fine, you betcha, probably, etc.....
never sexpect pubic officials, administrators, civil serpents without years of sexperience in the private sector to competently manage and administer policy implementation, let alone formulate (flawed) policies in the first place. if there’s the slightest doubt about any highfalutin policy, don’t go there in the first place. there’s no such thing as “sexhaustive testing” of uncharted policies in the pubic domain. it’s like pandora box. a little opening and all hell breaks loose.
awesome, great, agreed, fine, you betcha,
Y u d lit?
Do you spend all your income? Because poor people will have to spend every thing. Poorer pay proportionally more so simple u still want to act blur. Like dat call fair and get help the poor?
Why don't u run a biz nest then?
Minimum wage is for private business to pay for poor people. Work fare is for govt aka tax payer money to pay for poor. So strange is the replies here I think people here talk until contradict them selves.
Min wage can be exploited by companies; work fare can be exploited too. That is why universal basic income makes more sense. Out of box thinking.
every wage and tax policy can be sexploited. even billionaires who claim gov should tax the rich more are hiring the best tax accountants to find loopholes and offshoring of funds for them to avoid pay any unnecessary tax. very hypocritical and sexploitative bunch.Minimum wage is for private business to pay for poor people. Work fare is for govt aka tax payer money to pay for poor. So strange is the replies here I think people here talk until contradict them selves.
Min wage can be exploited by companies; work fare can be exploited too. That is why universal basic income makes more sense. Out of box thinking.
Yup . Agree. You got it! Awesome!Minimum wage is for private business to pay for poor people. Work fare is for govt aka tax payer money to pay for poor. So strange is the replies here I think people here talk until contradict them selves.
Min wage can be exploited by companies; work fare can be exploited too. That is why universal basic income makes more sense. Out of box thinking.
Unfortunately people not got it yet. Min wage means the maids, day labourers from across causeway all affected. Biz nest willing pay for young workers, oldies cham loh. End up is a labour supply problem, same as pmet. Our neoliberal govt not want to admit one lah.
if you add the blue and red slices of the pie chart below, 69% of americans have less than $1k in their savings. no matter what goodwill and "fair" wage policies are thrown at them, their average savings will still be $0 to $696. there's no amount of welfare-type policies that will lift majority of americans out of their self-inflicted shitholes. they are born to abundance of opportunities, food, resources, land, free education, welfare assistance, etc. the only sexception is lack of good healthcare. but there's still "free" and subsidized healthcare at pubic clinics and hospitals provided by cities and counties (they are not that great but illegal immigrants go there for treatments and hospitalization and taxpayers pick up the tab). yet, with all these, majority of americans are still spending on junk and not saving enough nor planning for financial independence at an early age. the moment a household has $1k either from work or welfare, it will spend on a 69-inch tv at walmart. there's no rescue nor hope for stupidity and laziness. the best way after decades of data is to uplift the entire u.s. economy to greater heights, spurring demand for goods and services and creation of jobs, so much so that even the stupid and lazy are attracted to lowly jobs as they pay more than what welfare provides. when wages go below welfare handouts, there's no incentive for the lowest segment of the potential labor population to find a job. one of the problems with minimum wage policies in the u.s. is that welfare handouts increase in lockstep with wage increases and inflation. there's no end in sight.
wah so zhun 34% + 35% = *drumroll* 69%!!!!! LOL!
How come that pie chart 34% + 35% +15% +15% = 99%. How come got missing 1%?
Actually that one is for SAVINGS account.
Maybe Americans just prefer to put their money in Current account and then maybe GICs or bonds or stocks?
If you ask me how much I have in SAVINGS account I will be in the Red zone also. LOL! Interest on savings account is so low. Keep there for what? Then if you withdraw more than 1 time a month got to PAY FEEs! Fuck la.
that 1% are the super rich billionaires. they don't participate in "savings accounts", thus their data is missing. savings for them can either mean investments, like in properties, yachts, vintage auto collection, art collection or a stash of funds in a foundation or trust, where the irs and state franchise boards cannot grab their cash using probate laws.
on another note, i'm still amazed that majority of boomer residents in sillycon valley still have mortgage and equity loans to pay off. after 30 years of owning a home and paying down on mortgages, you would think these old homes are paid off. apparently, many get into more debt by taking million-dollar equity loans on their properties. what used to be a $69k property back in 1969 is now worth about $1.69m. the banks and loan companies seize the opportunity to shell out million-dollar equity loans to these boomers, have their homes newly appraised above a million-dollars, restart a 30-year loan, and put a lien on their properties. and these boomers already started spending the million dollars on big ticket items such as buying another property, a boat, an rv, going on sexpensive vacations, living the high life. no escape. a million in debt for the next 30 years, house on lien thus no longer paid off, and bank or loan company legally owns the property as collateral. stupid boomers. their kids will lose everything with no tangible inheritance.
Not to mention the debt dies with them if still unpaid.
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