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If anyone knows the douche who started this tell them to punch themselves in the face.
http://www.reddit.com/r/IAmA/comments/1s6cz6/we_ar...

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Comments (25)

  • D M's picture

    Gave me a little chuckle. What should I ask them...

    "You stop being an asshole when it sucks to be you." -IlliniProgrammer
    "Your grammar made me wish I'd been aborted." -happypantsmcgee

  • heister's picture

    I would ask them if their balls have dropped yet. But the answer would be too obvious.

    Follow the shit your fellow monkeys say @shitWSOsays

    Life is hard, it's even harder when you're stupid - John Wayne

  • TNA's picture

    See, I am torn.

    Part of me supports raising the minimum wage to $15 an hour and cutting back welfare. If you can do a menial job and make a good wage you have no excuse to be on welfare.

    But then again I realize that raising the minimum wage will just cause McDonalds and other places to automate. No need to have people taking your order when you could simply have touch screens and a robot helping you make burgers.

    In the end if you make labor expensive businesses will seek to reduce this expense.

  • In reply to TNA
    heister's picture

    Not just that but the other effects. Jobs that now pay 15 to 20/hour will have to raise their rates to retain their people and it will just be forced inflation. There is an easier thing to do. Just increase the frequency of scratch off lotto ticket winners. That should placate the poors.

    Follow the shit your fellow monkeys say @shitWSOsays

    Life is hard, it's even harder when you're stupid - John Wayne

  • In reply to TNA
    D M's picture

    It'll just speed up the process. Shit's going automated with or without minimum wage

    "You stop being an asshole when it sucks to be you." -IlliniProgrammer
    "Your grammar made me wish I'd been aborted." -happypantsmcgee

  • TNA's picture

    Who the fuck works in fast food and tries to raise a family. I mean at what point do we just say "sucks to be you". I mean don't have kids, try and learn a skill, take some night classes. I have no doubt there are some hard luck stories related to people making minimum when they shouldn't but, but lets face it, many people making minimum wage are idiots who can't do the basics correctly.

    Personally, I don't give a shit. The unskilled, uneducated and those unable to perform the basics of a job (show up on time, be professional, do tasks given to you correctly) will never have a good life.

    Another interesting side effect of raising the rates for these jobs is they will be more in demand. Where as morons can get by on the minimum wage, people will be expected to actually do work and do it well to stick around at $15 an hour.

  • DBCooper's picture

    I'm on the same fence that you are. The angle that most people fail to consider is: if a Wal-Mart employee is working 40 hours a week and can't get by, and thus receives public benefits...are we, the taxpayers, subsidizing WMT's labor costs?

    The cynical argument where..."oh fuck them, $1 earned is better than $0 earned", only works in a vacuum where social safety-net programs don't exist.

    On top of which, I personally believe that all Americans deserve a baseline standard of living. What that means and how it's administered is a different discussion entirely.

    Please don't quote Patrick Bateman.

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  • TNA's picture

    Honestly, Wal Mart is helping the tax payer. Instead of paying 50% we would be paying 100%. This idea that they are dumping costs on us fails to realize the fact that Wal Mart hires people nearly anyone. If you work hard you can at least move up in Wal Mart.

    Unfortunately, too many people stack the entire deck against themselves and get fucked.

    I've been reading the minimum salary debate and it interests me. Like end all welfare and just have a minimum draw. Might be worth while to keep the uneducated masses placated. Add in mandatory child limits and birth control and we could eventually stem the tide.

  • In reply to TNA
    DBCooper's picture

    I think the negative income tax is the best way to do it actually. You disable these massive government bureaucracies and give those in need cash, plus they are still incentivized to work, as they will be even better off.

    What's funny is how the har core GOP doesn't want to pay for birth control, yet it would yield enormous long term savings possibly paying for itself thousands of times over.

    Please don't quote Patrick Bateman.

  • heister's picture

    The raise the minimum wage to lower government welfare idea is a farce. You raise the min wage then suddenly some group of politicians will loose their votes. If the bottom 15% wages suddenly rise by 50% guess what they are still in the bottom 15% because everything will adjust to the new norm and so will the federal poverty line. Its really just a way to increase tax revenues by flooding the market with additional money via wages.

    Follow the shit your fellow monkeys say @shitWSOsays

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  • LHDan's picture

    If we don't raise the minimum wage, how will the poor afford their cable TV, smart phone, AND food for their children?

  • In reply to DBCooper
    WallStreetOasis.com's picture

    Interesting...haven't heard of this in a while. Isn't this done in some form already for people below the poverty line with children? Don't they get a credit of some sort? What woudl be the specifics...genuinely interested in hearing more. thanks

  • In reply to WallStreetOasis.com
    D M's picture

    "You stop being an asshole when it sucks to be you." -IlliniProgrammer
    "Your grammar made me wish I'd been aborted." -happypantsmcgee

  • In reply to WallStreetOasis.com
    DBCooper's picture

    Milton Friedman explains it best. There is definitely a trend toward the idea of Guaranteed Minimum Income, most of the discussion is happening in Europe. Enjoy the video.

    Please don't quote Patrick Bateman.

  • In reply to DBCooper
    theapplebear's picture

    DBCooper:

    I think the negative income tax is the best way to do it actually. You disable these massive government bureaucracies and give those in need cash, plus they are still incentivized to work, as they will be even better off.

    What's funny is how the har core GOP doesn't want to pay for birth control, yet it would yield enormous long term savings possibly paying for itself thousands of times over.

    NIT is by far the optimal policy solution. Next would be to chuck stacks of cash at poor people. Raising the minimum wage significantly makes 0 sense.

    The whole argument that the tax payer is subsidizing WalMart's labor costs is asinine. You are paid your marginal product. If you want to make the normative claim that the US as a society should guarantee a certain living standard for all citizens, then that can be accomplished with various public policies that won't result in European food prices and unemployment.

  • In reply to theapplebear
    DBCooper's picture

    Okay, I'll bite. Forget WMT for now.

    What do YOU propose as the optimal solution to the social safety net?

    Please don't quote Patrick Bateman.

  • In reply to TNA
    DickFuld's picture

    TNA:
    Add in mandatory child limits and birth control and we could eventually stem the tide.

    I think mandated birth control (and not the pill kind where you can skip doses) for all female welfare recipients and vasectomies for all male welfare recipients should be required before one receives their first welfar check. That would help stem the tide. If you get off welfare and want it reversed, you pay for it.

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  • DBCooper's picture

    Poverty Action: New Study Finds Cash Alone Effective Way to Fight Poverty
    http://www.poverty-action.org/node/6099

    Please don't quote Patrick Bateman.

  • theapplebear's picture

    DB: Wasn't disagreeing with you if that's what it looked it. But yeah, I think a negative income tax is the best way to go about it. Wage subsidies are another good choice. Even some sort of guaranteed income (i.e. get paid $20k to sit on your ass) would be preferable to a (large) increase in the minimum wage. In general, I believe that individuals know best what they want to spend their money on. The fact that some people don't have money (and are for whatever reason incapable of making money) needs to be looked at as its own issue.

    And yeah, I think birth control should be paid for by the state in the sense that it'll save us money in the long-run. Mandated birth control would be a bit extreme, but maybe we could offer people a lump sum payment for getting a vasectomy or w/e.

  • In reply to TNA
    Going Concern's picture

    TNA:

    But then again I realize that raising the minimum wage will just cause McDonalds and other places to automate. No need to have people taking your order when you could simply have touch screens and a robot helping you make burgers.

    In the end if you make labor expensive businesses will seek to reduce this expense.

    What's wrong with that? Many retailers (for example, CVS and Home Depot) have already replaced a lot of cashiers with self-checkout machines for instance, and economic growth is a function of labor productivity growth which is a function of technological advances. So the store manager is more productive because he just has to oversee a bunch of machines instead of babysitting a bunch of incompetent apathetic slobs.

  • In reply to theapplebear
    DBCooper's picture

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  • In reply to TNA
    happypantsmcgee's picture

    If I had asked people what they wanted, they would have said faster horses - Henry Ford