Thread: American Politics
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09-12-22 04:04 #10131
Posts: 1807Originally Posted by EihTooms [View Original Post]
https://fred.stlouisfed.org/series/MEHOINUSA672N
This is noted in your FactCheck link, that average weekly earnings were up 8. 7% during Trump's time in office, adjusted for inflation. Since Biden came into office, they've dropped 4. 2%, after inflation, because increases in the prices of goods and services are outpacing increases in wages. The unemployment level, though, is back to where it was before COVID, although a lot of people have dropped out of the workforce.
And how much of all this, good and bad, is because of Trump and Biden? Well, they didn't cause COVID, aren't dictators who control the legislative branch, and don't have much to do with the business cycle or Fed policy, let alone what's happening in places like China and the Ukraine. So maybe not a lot. But I believe some of the legislation they supported and their executive orders had an effect. I'd give the edge to Trump and the Republicans on that. The corporate tax cuts and deregulation helped the economy and increased the demand for labor. And the poorly timed American Rescue Plan provided too much stimulus and added to inflation, just as post-COVID demand was increasing and supply chain glitches were surfacing.
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09-12-22 03:53 #10130
Posts: 1119Bothsiderism, Neithersiderism or Political Schizophrenia?
Originally Posted by JustTK [View Original Post]
I imagine at some point, it all just becomes a blur, as to what's real, what is truth or NOT? So allow me to refresh.
LOOK HERE:
Originally Posted by JustTK [View Original Post]
Originally Posted by MarquisdeSade1 [View Original Post]
Originally Posted by JustTK [View Original Post]
So is it lying? Is it denial? Slip of the tongue? Simple case of forgetfulness or perhaps something in-between, on both sides or is it neither?
So which is it?
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09-12-22 03:52 #10129
Posts: 1604Great
Originally Posted by Tiny12 [View Original Post]
FYI, the lowest livable wage state in the USA is Tennessee where $14.38 per hour is considered a "living wage". Somehow, though, the QOP that runs TN would rather keep the minimum wage at $7.25 'cause, you know.
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09-12-22 03:34 #10128
Posts: 1604Sheesh
Originally Posted by JustTK [View Original Post]
I am truly sorry that you don't understand how the USA government works but I didn't expect you to. I don't know whether it is your lack of education or whether it is a refusal to do a simple internet search to learn something new. I realize that you feel that all that's necessary is to snap your fingers to make something happen. Donnie the Dumbass thinks that way too.
But the filibuster is a way of life in USA government. Nobody likes it except whomever is in the minority and the Re[pubs have been in the majority a lot. The filibuster has been the reason the QOP has been so successful in the past 60-some-odd years. All they need to do is vote no in the Senate and all useful work stops. Then they can lie and say how the Dems haven't gotten anything done. Case in point is President Biden's infrastructure plan. Lots of the QOP voted against it and they are now touting to the brain-dead people who voted for them how much money they're bringing back home. And their constituents are simply too stupid to know any better.
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09-12-22 03:33 #10127
Posts: 1807Originally Posted by PVMonger [View Original Post]
The last time this was voted on, 8 Democratic Senators voted not to raise the minimum wage. Remember Kyrsten Sinema's infamous "thumbs down. ".
I believe this is something that should be decided at the state and local level. Federal politicians have no business meddling in it. What makes sense for New York City and Seattle, $25 per hour or whatever, would put people out of work in Mississippi.
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09-12-22 03:11 #10126
Posts: 3230Originally Posted by JustTK [View Original Post]
I doubt you will get an answer, but if you do, somehow the Dems not getting anything done since 1975 was Trump's fault.
I still did not know when I hired people I looked up and saw who was president and said, "Oh wait, a Republicans is in office. Better not hire someone yet. " but apparently that is how things really work.
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09-12-22 02:53 #10125
Posts: 5454Dems are doing it and have done it. Period.
Originally Posted by JustTK [View Original Post]
Dems ARE and HAVE BEEN raising the minimum wage, the "real" one, the "nominal" one, both of them all along for years. Even the "blahblah" one you no doubt will conjure up next in order to justify suckers voting for your beloved Repubs so they can continue their mission to wipe out millions of USA jobs whenever they can.
The Dems do it where they can do it. Where they can override persistent Repub objections to it. Therefore, they do it at the state and local level rather than in the Senate where outright Repubs and wiggly, squirmy, stealth "Bothsider" Repubs like you have foolishly been given too many seats to get it done there.
As you see in the link that I provided twice already the Dems have done it in California, New York, Massachusetts, the District of Columbia and elsewhere, places that damn near represent half of the working population of America anyway. Certainly some of the only states that matter to the national economy; Blue states where human beings far outnumber rattle snakes and tumble weeds and where there are more skyscrapers and office buildings than outhouses, unlike most Red states.
If the "Real" minimum wage had not been raised so effectively by Dems around the country over the objections of Repubs, Trump could not have cited it in the data when he lied to his sucker followers about it having a damn thing to do with his otherwise crap economy. And Repubs would have no basis to whine and complain that there is "too much money" flooding the roaring Biden economy during his historic recovery from the latest (say it with me now) Great Repub Recession and Massive Job Destruction.
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09-12-22 02:43 #10124
Posts: 2344Originally Posted by JustTK [View Original Post]
JustTK: Why do you hold Democrats responsible for the minimum wage falling in purchasing value?
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09-12-22 01:54 #10123
Posts: 1782Originally Posted by PVMonger [View Original Post]
The filibuster. Right, so this is an EXPLANATION, a reason why the Dems have got nothing useful done. So your agreeing with me that the Dems have got nothing useful done. So we agree now that they have an appalling track record, especially in modern history? So why does ET bang on in every comment he makes about how superb have been the Dem acheivements?
Well, who knows, at least you and I agree now that the Dems have done nothing useful since 1975.
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09-12-22 01:47 #10122
Posts: 1782Originally Posted by EihTooms [View Original Post]
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09-11-22 22:25 #10121
Posts: 2344[Deleted by Admin]
EDITOR'S NOTE: This report was redacted or deleted to remove sections of the report that were largely argumentative. Please read the Forum FAQ and the Forum's Posting Guidelines for more information. Thank You!
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09-11-22 17:36 #10120
Posts: 2579Just flush / impeach the turd already, Jan 2023 is coming
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09-11-22 15:48 #10119
Posts: 1604Proof?
Originally Posted by CaliGuy [View Original Post]
I'll wait.
Oh, and please tell me why Re-run states have for years taken more in Federal money than they've paid to the Feds. After all, of all of those Re- run states were so productive, they should be giving more to the Feds than they get back.
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09-11-22 15:44 #10118
Posts: 1604Can't be done
Originally Posted by JustTK [View Original Post]
In the US, the Senate must pass legislation in order for it to be approved. The general procedure is that the House of Representatives passes a "bill" and then the Senate makes changes (or not), the bill is "negotiated" between the two houses and then the bill is either passed or not by the Senate.
The key issue here, and one that almost nobody understands, is that for the Senate to "pass" anything (with a few exceptions like a budget or judgeships or a few very other very narrow exceptions) requires 60 (now, but prior to 1975, 66) votes. That's called the filibuster.
Therefore, for the Democrats to pass any type of minimum wage increase, they would need (assuming no Re help) a filibuster-proof majority. Something they last had in 1975.
I realize that this is a difficult concept top understand but that's the way the process works. If a sufficient number of Re want to block something in the Senate, Democrats still need to get (at present) 12 Re/ Independent Senators (there are 48 Democrats in the Senate, 2 Independents and 50 Re) to vote for it (assuming, of course, that all Democrats are "for" the bill).
When one political party says, in essence, "we don't give a shit what it is, we're voting against it even if our constituents want it", it is virtually impossible to get anything done.
https://fivethirtyeight.com/features...what-they-can/ https://politicalticker.blogs.cnn.co...in-the-senate/.
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09-11-22 05:04 #10117
Posts: 5454Nope. You're not even right about that
Originally Posted by JustTK [View Original Post]
U.S. minimum wage: real and nominal value 1938-2022
https://www.statista.com/statistics/...nimum-wage-us/
When adjusted for inflation, the 2022 federal minimum wage in the United States is around 40 percent lower than the minimum wage in 1970. Although the real dollar minimum wage in 1970 was only 1.60 U.S. dollars, when expressed in nominal 2022 dollars this increases to 12.04 U.S. dollars. A large difference from the federal minimum wage in 2022 of 7.25 U.S. dollars.
May 24, 2022
https://news.bloomberglaw.com/daily-...gap-with-south
As California, D.C. top $15, Hawaii bill sets $18 floor.
20 states hold steady at federal rate of $7.25.
A grocery store cashier whos guaranteed $15 per hour in California can legally be paid $7.25 in Texas and 19 other statesa gap in state minimum wages thats set to widen further in the year ahead.
...
California, the District of Columbia, and much of New York already require wages of $15 per hour or more. Massachusetts, and likely Washington state, will join them in 2023. And California Gov. Gavin Newsom (D) announced earlier this month that his states minimum wage is expected to rise to $15.50 next January, as an inflation-based adjustment.