Congress denies minimum wage raise...

[azntemplar_00]

I dunno, but I'm running for Congress. I wouldn't even know what to do with a $10,000+ paycheck every month. Honestly...Noone needs that much money.

 

 

 

I take that back...Doctors deserve it. They may suck wagon and just prescribe drugs, but they worked their wagon off in school and have to pay their debts off.

 

 

 

Heh speaking of money - we were talking about money earlier today at church. Mainly about this question - "How much money is enough?"

 

 

 

We arrived at the answer of "Just a little more." :P

[pianofrieak2]

@piano:

 

 

 

You are talking about private companies again. I am talking about public companies and investment funds, which make up the majority of American businesses today. The main source of income for these things are middle-class shareholders. 20 years ago, your explanation would have made sense. Now, however, the upper class is almost completely on the receiving side instead of the giving side.

 

 

 

OK, you're going to have to correct me, but let me try to guess at what you're saying.

 

 

 

1. Public companies receive large portions of their income from stockholders. (I agree)

 

2. Public companies have to stay on top of technology in order to make money and hire people to make more cars (ford for example).

 

3. Therefore, they invest in private companies (usually) to advance their company's progress and maintain competition.

 

 

 

How am I wrong?

[Tigra00]

I dunno, but I'm running for Congress. I wouldn't even know what to do with a $10,000+ paycheck every month. Honestly...Noone needs that much money.

 

 

 

I take that back...Doctors deserve it. They may suck wagon and just prescribe drugs, but they worked their wagon off in school and have to pay their debts off.

 

 

 

Heh speaking of money - we were talking about money earlier today at church. Mainly about this question - "How much money is enough?"

 

 

 

We arrived at the answer of "Just a little more." :P

 

 

 

I couldn't tell you how much is enough...My dad probably makes $40,000 or so every year, maybe less, I'm not sure, but it is barely enough to keep us going, and that's lame.

[thedepressedsquirrel]

@piano:

 

 

 

Why would public companies invest in private companies? Ford builds and ships its own cars without help from anyone else.

[pianofrieak2]

@piano:

 

 

 

Why would public companies invest in private companies? Ford builds and ships its own cars without help from anyone else.

 

 

 

Ford builds its cars with technology from private companies, purchasing parts from private companies, and allowing private companies to do some parts of its business.

[Sennin_Koth]

This topic was good news until I actually came in to read the post. Congress gets paid far too much allready. Why not put that money into, oh, I dunno, Schools? Government money is wasted far too much these days. #-o

[Guest GhostRanger]

Why not put that money into, oh, I dunno, Schools?

 

 

 

Spare me such awful ideas.

[pianofrieak2]

Why not put that money into, oh, I dunno, Schools?

 

 

 

Spare me such awful ideas.

 

 

 

Good call, Ghost. We invest so much money in schools, but everyone keeps complaining that they don't get enough. It's going to take much more than money to fix the problems, but the government never realizes that.

 

 

 

What does it take to change hearts?

[Tigra00]

I think the only safe stance on Education isn't to invest in the newest, up-to-date $120-a-pop books, but rather to invest in Cloning. Yes, that's right, I said it. CLONING. We can Clone a bunch of smart people and they can teach.

 

 

 

Sounded like a good idea at the time... :uhh:

 

 

 

All my teachers were retarded with a capital R. :lol:

[thedepressedsquirrel]

 

 

 

Ford builds its cars with technology from private companies, purchasing parts from private companies, and allowing private companies to do some parts of its business.

 

 

 

But Ford is much larger than the private companies it works with. Like I said, companies and funds that depend on middle-class shareholders account for over 80% of American business. Besides, the companies you speak of that produce technologies or parts for Ford are either large public companies themselves or small companies owned by middle-class people.

 

 

 

I guess what I mean is that large, private companies with upper-class owners are much rarer these days than during the Reagan administration. That is why Reaganomics is outdated.

 

 

 

Edit: What's wrong with schools?

[pianofrieak2]

OK, we'll start over. Let's begin at the beginning, shall we?

 

 

 

Looking at the middle class, you see that they can do one of three things:

 

1. Give it (which is at 2%)

 

2. Spend it. (help the economy)

 

3. Save/Invest it (help the economy)

 

 

 

The rich will always have enough money to do what they want. But the heavy hitters will also invest it or spend it, usually to make themselves richer. (which is investing in the economy).

 

 

 

But when you tax the middle class and upper class, you are hurting the economy. Because they can't invest it and then help the economy out more. Besides, the government will ALWAYS overspend. The less money they have to overspend from, the better. Besides, that's not the President's fault anyway. That's Congress' fault. The president decides tax breaks which he gets from Congress (you scratch my back, I'll scratch yours kinda deal) and then the job is up to Congress to cut taxes.

 

 

 

That's my whole point.

[mycowdied33]

I think Jon Stewart said it best. "Kudos to Congress for, basicly taking a giant s@!# on the poor people"

 

 

 

 

 

Also, the 27th Ammendment says that if Congress votes themselves a pay raise, it doesn't go into effect until the next election. That's probably why they're doing it now.

[thedepressedsquirrel]

@piano:

 

 

 

I didn't say we should tax both middle and upper class. I said we should tax the upper class more and the middle class less because most of the money givers in this country are now middle class, not upper class.

 

 

 

Obviously one rich person is going to have more money to invest than one middle class person, but if you combine all of the middle-class investments in this country, it is much greater than the total amount of upper class investments.

[Faux]

That's too bad =\ Move to Ontario! :P By this coming February, minimum wage will be $8.00/hr ($7.75 now)

 

 

 

Yay :P I didn't even know about that

[Giordano]

Why not put that money into, oh, I dunno, Schools?

 

 

 

Spare me such awful ideas.

 

 

 

Good call, Ghost. We invest so much money in schools, but everyone keeps complaining that they don't get enough. It's going to take much more than money to fix the problems, but the government never realizes that.

 

 

 

 

Especially when kids today are so careless :wall: