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The Presidency of Donald J. Trump: Harm to Ongoing Matter The Presidency of Donald J. Trump: Harm to Ongoing Matter

02-20-2019 , 09:10 AM
Quote:
Originally Posted by realDonaldTrump

( twitter | raw text )
Don Trump,
You don't have to put on the gas light
Those days are over
You don't have to sell your body to the Russian might
02-20-2019 , 09:11 AM
Quote:
Originally Posted by realDonaldTrump

( twitter | raw text )
They don’t call you for verification because you lie about everything. There is no reason for them to use this common journalistic practice when it comes to an administration that will lie about anything and everything.

And reporters don’t call targets of stories for “verification”, they call for comments and / or denial. Nobody cares what you think about anything.


Edit: I agree with trump, trey gowdy is an agent of Russia.
02-20-2019 , 09:49 AM

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02-20-2019 , 10:01 AM
If you squint real hard you might could think Trump is a people.
02-20-2019 , 10:14 AM

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02-20-2019 , 10:16 AM
I keep the lying press in business by telling difficult truths.

And ~40% of Americans believe him.
02-20-2019 , 10:21 AM
So Trump essentially quotes what he hears on FOXNews and then posts it directly on Twitter?

Has anybody checked to see if he has gotten any of these wrong?
02-20-2019 , 10:36 AM
Quote:
Originally Posted by SuperUberBob
So Trump essentially quotes what he hears on FOXNews and then posts it directly on Twitter?
Not everything...

02-20-2019 , 10:42 AM
Quote:
Originally Posted by realDonaldTrump

( twitter | raw text )
They do ask for verification. Your “people” just lie or stonewall on your behalf.
02-20-2019 , 10:50 AM
Quote:
Originally Posted by realDonaldTrump

( twitter | raw text )
Infrastructure Week has ARRIVED
02-20-2019 , 10:52 AM
So Trump's tariffs suck because increased costs on goods are shifted to American consumers. Which I get and agree with.

But why then doesn't the same logic apply to a $15 minumum wage? Why doesn't the increased payroll cost translate into higher costs of goods? Or the offshoring of labor?

Sent from my SM-G892A using Tapatalk
02-20-2019 , 10:56 AM
Quote:
Originally Posted by DudeImBetter
So Trump's tariffs suck because increased costs on goods are shifted to American consumers. Which I get and agree with.

But why then doesn't the same logic apply to a $15 minumum wage? Why doesn't the increased payroll cost translate into higher costs of goods? Or the offshoring of labor?

Sent from my SM-G892A using Tapatalk
Tariffs go into government coffers, essentially a tax. Higher minimum wage goes into the pockets of citizens and is spent back into the economy.
02-20-2019 , 10:58 AM
That racist dip**** KY turd kid has a lifetime of grifting ahead of him.
02-20-2019 , 11:06 AM
Quote:
Originally Posted by DudeImBetter
So Trump's tariffs suck because increased costs on goods are shifted to American consumers. Which I get and agree with.

But why then doesn't the same logic apply to a $15 minumum wage? Why doesn't the increased payroll cost translate into higher costs of goods? Or the offshoring of labor?
it does afaik
02-20-2019 , 11:08 AM
Quote:
Originally Posted by DudeImBetter
So Trump's tariffs suck because increased costs on goods are shifted to American consumers. Which I get and agree with.

But why then doesn't the same logic apply to a $15 minumum wage? Why doesn't the increased payroll cost translate into higher costs of goods? Or the offshoring of labor?

Sent from my SM-G892A using Tapatalk
the traditional economic analysis of minimum wages is that they reduce the demand for unskilled workers, and potentially increase output costs if other inputs aren't good substitutes for unskilled labor.

there is still debate on this, and there are some studies that suggest minimum wages don't have these harmful effects, most notably card and krueger's "myth and measurement" and also manning's "monopsony in motion." essentially this result would depend on employers having a certain amount of market power in the labor market, allowing them to pay wages lower than the competitive level. in this case, minimum wages serve as a correction to a market failure and can in theory increase employment and output. the card and krueger study is still pretty controversial in academic circles. i was trained as a labor economist about a decade ago, so i have a basic familiarity with this stuff. but i've since moved on to other fields and haven't kept up with the literature, so i don't know what the current consensus is.
02-20-2019 , 11:11 AM
Quote:
Originally Posted by Riverman
That racist dip**** KY turd kid has a lifetime of grifting ahead of him.
He'll probably wind up marrying that alt right Instagram "star" who takes bubble baths with her AK-47
02-20-2019 , 11:26 AM
Which one? I am pretty sure there is more than 1 now. Some of them are kind of hot if you block out the words.
02-20-2019 , 11:29 AM
It's good that at least some Dems are keeping this in the news cycle

02-20-2019 , 11:31 AM
Quote:
Originally Posted by grizy
Which one? I am pretty sure there is more than 1 now. Some of them are kind of hot if you block out the words.
I was referring to the Kent State one, Kaitlin Bennett

Also PEOPLE ARE SAYING that she **** her pants at a party in college

02-20-2019 , 11:45 AM
Quote:
Originally Posted by danspartan
CNN why is Rick Santorum on my TV?
Their mix of pundits that they have on has to be sufficiently frothy.
02-20-2019 , 11:45 AM
Quote:
Originally Posted by Namath12
I was referring to the Kent State one, Kaitlin Bennett

Also PEOPLE ARE SAYING that she **** her pants at a party in college

This is quintessential America 2019.
02-20-2019 , 11:51 AM
Quote:
Originally Posted by DudeImBetter
So Trump's tariffs suck because increased costs on goods are shifted to American consumers. Which I get and agree with.

But why then doesn't the same logic apply to a $15 minumum wage? Why doesn't the increased payroll cost translate into higher costs of goods? Or the offshoring of labor?

Sent from my SM-G892A using Tapatalk
Incorrect premise.

The extra costs to American citizens are just one negative effect, and a relatively minor one since the money is ultimately captured by the American government.

Much worse are the effects of reduced foreign trade. Both in the lost value of the things that are imported into the USA (often things the US isn't good at producing), and in the reduced exports to other countries as they retaliate against the US for higher tariffs.

Look at all the stuff around you. Much of it was probably imported. One common reaction to that is "why not replace this all with stuff made in America?" But think about it more: if we left it to the US to manufacture all of this basic, low-value stuff, a lot of the stuff simply wouldn't have penciled out to manufacture/sell in the first place; in a word, you would be much poorer. Latin America's development strategy through much of the 20th century was based on the idea of replacing imports with domestic production; this in part accounts for the region's lack of development.

Another way of looking at this is that if the US economy was entirely restructured to manufacture all of the cars we consume, clothes we wear, cheap trinkets we buy, then would it have had the extra capacity to create the iPhone, computers, new drugs and treatments, etc? Probably not. If our economy had ever moved away from manufacturing and into services, some significant portion of the technologies we use and enjoy everyday simply wouldn't exist.
02-20-2019 , 12:01 PM
I can't recall now who it was, but a few years ago someone did an informal study of sorts where he tried to replace everything in his home with Made in America items and it was literally impossible to do it.
02-20-2019 , 12:05 PM
Quote:
Originally Posted by Namath12
I was referring to the Kent State one, Kaitlin Bennett

Also PEOPLE ARE SAYING that she **** her pants at a party in college

hahahaha A+ heckling

**** that *****
02-20-2019 , 12:17 PM
Quote:
Originally Posted by MadTiger
Don Trump,
You don't have to put on the gas light
Those days are over
You don't have to sell your body to the Russian might


      
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