Upcoming Presidential Debate

Quote: GenoDRPh

You got me. You want to pay workers less so the owner makes more. That makes me the "greedy" one. That dog don't hunt.

Yes, it makes you the greedy one. Greed is wanting something someone else has just because you do not have it. And it is the height of arrogance to say a business is "not worthwhile" just because the owner does not pay what you think they should. Funny thing is that type never starts their own business and pays to their own standard, they just demand others give their money away. Again, GREED.

The owner is taking all the risk so deserves to make more.

Quote: Tanko

An unnecessary $3.4 trillion increase in the money supply between June 2020 and May 2022. Thanks to the Fed.

Near zero Fed Funds rate.

$3 trillion in new spending between Biden’s $1.9 trillion ‘American Rescue Plan’, plus another $1.2 trillion in new spending on his ‘Infrastructure Bill’ signed into law in 2021.

$1.4 trillion in new regulatory costs imposed by the Biden administration.

The inflation rate was 1.4% in 2020. It ballooned to 7.0 in 2021, and 6.5 in 2022.

After months of QT, the Fed is once again lowering interest rates and buying debt to increase the money supply.

Where did I see that before?

Weimar, Germany?

Quote: AZDuffman

Yes, it makes you the greedy one. Greed is wanting something someone else has just because you do not have it. And it is the height of arrogance to say a business is "not worthwhile" just because the owner does not pay what you think they should. Funny thing is that type never starts their own business and pays to their own standard, they just demand others give their money away. Again, GREED.

The owner is taking all the risk so deserves to make more.

You want the minimum wage to be the maximum wage.

Quote: GenoDRPh

You want the minimum wage to be the maximum wage.

What are you trying to do? Make a jerk out of yourself? Who implied that and when?

Pretty much nobody is making federal minimum wage these days. When I see someone saying how they are at minimum wage and have been for years I wonder how lazy they must be.

Honestly, I cannot even remember hearing of a place that starts people at minimum in forever. Why? Because nobody will work for that! OK, maybe some kind of job doing political activism or something. But that is not a real job.

You keep missing it. No matter what minimum wage is those workers will always be at the bottom. Minimum wage is not supposed to be some wage you raise a family on. And sorry, but you do not get to have your own apartment on minimum wage. You get to live with roommates, rent a room, or stay with family.

You want to make more? You get skills. You do not sit around and whine how "the Republicans won't give you a raise!"

Quote: AZDuffman

What are you trying to do? Make a jerk out of yourself? Who implied that and when?

Pretty much nobody is making federal minimum wage these days. When I see someone saying how they are at minimum wage and have been for years I wonder how lazy they must be.

Honestly, I cannot even remember hearing of a place that starts people at minimum in forever. Why? Because nobody will work for that! OK, maybe some kind of job doing political activism or something. But that is not a real job.

You keep missing it. No matter what minimum wage is those workers will always be at the bottom. Minimum wage is not supposed to be some wage you raise a family on. And sorry, but you do not get to have your own apartment on minimum wage. You get to live with roommates, rent a room, or stay with family.

You want to make more? You get skills. You do not sit around and whine how "the Republicans won't give you a raise!"

Not only do Republicans want to not give you a raise, they want to reduce your wages as well.

Quote: GenoDRPh

Not only do Republicans want to not give you a raise, they want to reduce your wages as well.

Luckily then I do not work for "Republicans" but rather a private sector employer. Maybe you should try that?

Quote: AZDuffman

Luckily then I do not work for "Republicans" but rather a private sector employer. Maybe you should try that?

Doin' just fine, thanks for asking!

Quote: GenoDRPh

Not only do Republicans want to not give you a raise, they want to reduce your wages as well.

I was always under the impression that Republicans loved to give raises to those who made them more money, others not so much. My philosophy was always to be one that made them more money and then I would make more money.

Quote: AZDuffman

Quote: Tanko

An unnecessary $3.4 trillion increase in the money supply between June 2020 and May 2022. Thanks to the Fed.

Near zero Fed Funds rate.

$3 trillion in new spending between Biden’s $1.9 trillion ‘American Rescue Plan’, plus another $1.2 trillion in new spending on his ‘Infrastructure Bill’ signed into law in 2021.

$1.4 trillion in new regulatory costs imposed by the Biden administration.

The inflation rate was 1.4% in 2020. It ballooned to 7.0 in 2021, and 6.5 in 2022.

After months of QT, the Fed is once again lowering interest rates and buying debt to increase the money supply.

Where did I see that before?

Weimar, Germany?

Hopefully not. But monetizing the debt causes inflation. Which is why it is banned in some countries.

Lowers the value of the dollar against foreign currencies. Increases the cost of imports.

On the flip side, it's good for the stock market and real estate investment.

Quote: Tanko

Quote: AZDuffman

Quote: Tanko

An unnecessary $3.4 trillion increase in the money supply between June 2020 and May 2022. Thanks to the Fed.

Near zero Fed Funds rate.

$3 trillion in new spending between Biden’s $1.9 trillion ‘American Rescue Plan’, plus another $1.2 trillion in new spending on his ‘Infrastructure Bill’ signed into law in 2021.

$1.4 trillion in new regulatory costs imposed by the Biden administration.

The inflation rate was 1.4% in 2020. It ballooned to 7.0 in 2021, and 6.5 in 2022.

After months of QT, the Fed is once again lowering interest rates and buying debt to increase the money supply.

Where did I see that before?

Weimar, Germany?

Hopefully not. But monetizing the debt causes inflation. Which is why it is banned in some countries.

Lowers the value of the dollar against foreign currencies. Increases the cost of imports.

On the flip side, it's good for the stock market and real estate investment.

The debt will be inflated away same as it was hen the bill for LBJ came due. Just a matter of when. When it is over a Ford Mustang will sticker for a quarter million dollars and a meal at McDonald’s about $150.