New York minimum wage rates are going up :-\

[Sysbuilder05]

Originally posted by: SampSon
Mentioning the clinton administration as a good example of a great economy is funny.
The economy was artifically inflated and doing a good job during the clinton years because of the dot com/internet boom.

*sigh* Oh you bet,the Dot com "boom" ran the entire economy in this country didn't it? Nice try using Limbaugh talking points but it never has held water.

Well,the fraud sitting in the WH has had a full FOUR YEARS to turn all of Clintons mistakes around and hasn't. So when do all of Bush's economic plans take effect?

 

[Sysbuilder05]

He also left us with a nasty recession. Or do you like to forget that?

What is "normal" inflation? What would the inflation rate have been had minimum wage not been increased?

And I ask again, who do you think pays for increased minimum wage? Do you honestly think employers eat the cost? As a business owner who is in touch with a lot of other owners, I can say I know of NO, NONE, NADA owners who do not raise prices and/or lay off employees when minimum wage is increased.[/quote]



Clinton left us with a balanced budget,$250 BILLION in the bank with a projected surplus of 5 TRILLION over the next 10 years,or do YOU forget that?

Bush blew threw all that money and now we have record deficits stretching at least for the next 10 years. Your worried about who will pay for a chump change MW increase yet you never mention the BILLIONS that ALL of us taxpayers get to shell out for Bushes deficit spending.

 

[Sysbuilder05]

[/quote]ya and all Clintons changes took effect overnight right? It takes years for these changes to set in, hence the recession that we were sinking into as Clinton left office.

We wouldn't have had a recession if Clinton could have served a third term,plain and simple. In fact right now Clinton would be on his fourth term as President.

 

[TallBill]

Originally posted by: woowoo
They need to reform the waiter/waitress laws.
Those folks get screwd

I dunno where you waited at, but at my mom's restaurant I'd make 150-200 on a busy night, after taxes and tipouts. So what if i made 2 an hour.

 

[Amused]

Originally posted by: Sysbuilder05

ya and all Clintons changes took effect overnight right? It takes years for these changes to set in, hence the recession that we were sinking into as Clinton left office.

We wouldn't have had a recession if Clinton could have served a third term,plain and simple. In fact right now Clinton would be on his fourth term as President.

[/quote]

Time to come back to reality now.

The recession started a full year before Clinton left office. There was nothing he could have done about the dot com and tech bust... it was too late by the time it started.

 

[Amused]

Originally posted by: Sysbuilder05
He also left us with a nasty recession. Or do you like to forget that?

What is "normal" inflation? What would the inflation rate have been had minimum wage not been increased?

And I ask again, who do you think pays for increased minimum wage? Do you honestly think employers eat the cost? As a business owner who is in touch with a lot of other owners, I can say I know of NO, NONE, NADA owners who do not raise prices and/or lay off employees when minimum wage is increased.

Clinton left us with a balanced budget,$250 BILLION in the bank with a projected surplus of 5 TRILLION over the next 10 years,or do YOU forget that?

Bush blew threw all that money and now we have record deficits stretching at least for the next 10 years. Your worried about who will pay for a chump change MW increase yet you never mention the BILLIONS that ALL of us taxpayers get to shell out for Bushes deficit spending.

[/quote]

Again, the recession started a full year before Clinton left office. That PROJECTED surplus was history the minute that recession started. You cannot stay in the black if your revenues dry up... which is what happens when you have a recession.

And the tax cuts were the best thing Bush could have done. History has shown you cannot tax your way out of a recession. Penalizing business and consumer success merely makes people produce and spend less.

The rate of government spending increases have not grown any faster under Bush than they did under Clinton.

Clinton rode the revenue wave of the tech and dot com boom. When that busted, so did the projected surplus. He had nothing to do with that boom. The foundation of which was laid in the 80s.

Maybe it's time you look at facts instead of partisan propaganda? You're really making a fool of yourself here.

 

[SunnyD]

Originally posted by: Amused
Again, the recession started a full year before Clinton left office. That PROJECTED surplus was history the minute that recession started. You cannot stay in the black if your revenues dry up... which is what happens when you have a recession.
...
Clinton rode the revenue wave of the tech and dot com boom. When that busted, so did the projected surplus. He had nothing to do with that boom. The foundation of which was laid in the 80s.

Maybe it's time you look at facts instead of partisan propaganda? You're really making a fool of yourself here.

Partially correct. Sysbuilder05 also fails to note that Clinton's excellent 2 terms were also set up by the previous two presidents, which were both amazingly republican. Reagan pulled us out of an expensive Cold War era and started things forward to an impressive scientific marketplace, and Bush stimulated a world economy, let alone the US economy with a wartime economic plan which fostered incredible technological growth.

Clinton rode the coattails of the 12 years of republican economy, and with a few almost well thought out concepts managed to make a "Projection" of American glory. Telecom and .com began it's downward spiral at the end of Clinton, and all we can do now is bash Bush for trying to clean up the pieces left behind? I think not.

 

[DanTMWTMP]

12/08/2004 10:42 AM

Originally posted by: DanTMWTMP 10:17 AM
http://www.dol.gov/esa/minwage/america.htm

12/08/2004 12:28 PM

Originally posted by: RossMAN
States with minimum wage rates higher than the Federal

Interesting.

Doh! I've never seen this before ahha.

a repost within a thread

and people credited rossman for the link


of course, I'm nothing compared to the grand nagus. Who am I to complain? hehehe


anyways.. won't min wage eventually keep going up due to inflation? ... donno... I don't know much about these things to actually have a say in it anyways.

 

[MrChad]

Originally posted by: DanTMWTMP
anyways.. won't min wage eventually keep going up due to inflation? ... donno... I don't know much about these things to actually have a say in it anyways.

The legislature has to "manually" adjust it every so often to keep up with inflation and higher nominal COL. Ironically, however, by raising the minimum wage they end up causing more inflation, undermining the real value of the wage increase.

 

[elanarchist]

Originally posted by: SunnyD

Originally posted by: Amused
Again, the recession started a full year before Clinton left office. That PROJECTED surplus was history the minute that recession started. You cannot stay in the black if your revenues dry up... which is what happens when you have a recession.
...
Clinton rode the revenue wave of the tech and dot com boom. When that busted, so did the projected surplus. He had nothing to do with that boom. The foundation of which was laid in the 80s.

Maybe it's time you look at facts instead of partisan propaganda? You're really making a fool of yourself here.

Partially correct. Sysbuilder05 also fails to note that Clinton's excellent 2 terms were also set up by the previous two presidents, which were both amazingly republican. Reagan pulled us out of an expensive Cold War era and started things forward to an impressive scientific marketplace, and Bush stimulated a world economy, let alone the US economy with a wartime economic plan which fostered incredible technological growth.

Clinton rode the coattails of the 12 years of republican economy, and with a few almost well thought out concepts managed to make a "Projection" of American glory. Telecom and .com began it's downward spiral at the end of Clinton, and all we can do now is bash Bush for trying to clean up the pieces left behind? I think not.

Bleh, hate to get into the realm of P&N, but then can you explain why the Reagan years were generally horrible economically for everyone but the very top earners and that while real wages (ie after accounting for inflation) were rising for everyone during the Clinton years, real wages have actually gone down for a majority of Americans during W's first term?

 

Originally posted by: Sysbuilder05

Originally posted by: SampSon
Mentioning the clinton administration as a good example of a great economy is funny.
The economy was artifically inflated and doing a good job during the clinton years because of the dot com/internet boom.

*sigh* Oh you bet,the Dot com "boom" ran the entire economy in this country didn't it? Nice try using Limbaugh talking points but it never has held water.

Well,the fraud sitting in the WH has had a full FOUR YEARS to turn all of Clintons mistakes around and hasn't. So when do all of Bush's economic plans take effect?

I'm not a clinton hater at all, I liked him as a president. Though ANYBODY would have done well in office thoes two terms. My mother could have been president. His success was setup from the previous two presidents that were in office.

The artificially inflated stock market DID run the entire economy. The clinton administration had a projected surplus because of the inflated tech market. The recession started before clinton was out of office due to the crash of the artificial tech bubble. Once that market crashed and all the falsified earning reports came out reality set in and there all of a sudden was no surplus and the budget was far from balanced.

I'm no expert, but I sure as hell know you're talking out of your ass.