d66643be   
   XPost: alt.society.liberalism, alt.atheism, talk.politics.guns   
   From: me4guns@verizon.removeme.this2.nospam.net   
      
   "Jeanne Douglas"  wrote in message   
   news:hlwdjsd2-4685C4.20032502032013@c-131-121-196-216.gonavy.usna.edu...   
   > In article   
   > ,   
   > Jason@nospam.com (Jason) wrote:   
   >   
   >> In article   
   >> ,   
   >> Jeanne   
   >> Douglas  wrote:   
   >>   
   >> > In article ,   
   >> >  Jason@nospam.com (Jason) wrote:   
   >> >   
   >> > > In article   
   >> > > ,   
   >> > > Jeanne   
   >> > > Douglas  wrote:   
   >> > >   
   >> > > > In article   
   >> > > > ,   
   >> > > >  Jason@nospam.com (Jason) wrote:   
   >> > > >   
   >> > > > > In article   
   >> > > > > ,   
   >> > > > > Jeanne   
   >> > > > > Douglas  wrote:   
   >> > > > >   
   >> > > > > > In article   
   >> > > > > > ,   
   >> > > > > >  Jason@nospam.com (Jason) wrote:   
   >> > > > > >   
   >> > > > > > > In article , "Scout"   
   >> > > > > > >  wrote:   
   >> > > > > > >   
   >> > > > > > >   
   >> > > > > > > > >>>> Sometimes.  But then when the wages go up so do the   
   >> prices of   
   >> > > > > > > > >>>> the   
   >> > > > > > > > >>>> goods and services you wish to buy because they now   
   >> cost more   
   >> > > > > > > > >>>> to   
   >> > > > > > > > >>>> produce.  Then your gain was only temporary.   
   >> > > > > > > > >>>>   
   >> > > > > > > > >>>> Raising minimum wage affects a lot more people than   
   >> > > > > > > > >>>> just   
   >> > > those at   
   >> > > > > > > > >>>> the   
   >> > > > > > > > >>>> very bottom.   
   >> > > > > > > > >>>>   
   >> > > > > > > > >>> That's why it's called a spiral. One thing affects the   
   >> > > > > > > > >>> other.   
   >> > > > > > > > >>   
   >> > > > > > > > >> Yep.   
   >> > > > > > > > >>   
   >> > > > > > > > > One difference is that higher wages create higher demand   
   >> > > > > > > > > for   
   >> > > > > products and   
   >> > > > > > > > > service. Higher prices do not.   
   >> > > > > > > >   
   >> > > > > > > > And do you think higher wages can occur without higher   
   >> > > > > > > > prices   
   >> > > > > > > > in   
   >> > > > > > > > the   
   >> > > > > > > > products and services so as to pay for that higher wage?   
   >> > > > > > >   
   >> > > > > > > Good question--the answer is that we will have higher prices   
   >> > > > > > > in   
   >> > > > > > > the   
   >> > > > > > > products and services so as to pay for that higher wage.   
   >> > > > > > >   
   >> > > > > > > I was employed by Long John Silver's Seafood Shoppe when the   
   >> > > minimum wage   
   >> > > > > > > was increased. The prices charged for every item on the menu   
   >> > > > > > > were   
   >> > > > > > > raised   
   >> > > > > > > as a direct result of the increased minimum wage.   
   >> > > > > >   
   >> > > > > > So what?   
   >> > > > >   
   >> > > > > It harms the economy.   
   >> > > >   
   >> > > > It has NEVER harmed the economy every time it's been raised before,   
   >> > > > so   
   >> > > > why all of a sudden would it do so now?   
   >> > >   
   >> > > It causes prices to rise and the result is inflation.   
   >> >   
   >> > Deflection noted. Deflection rejected.   
   >> >   
   >> > Answer the question you were asked.   
   >> >   
   >> >   
   >> > > Have you ever taken economics 101 or a class call macroeconomics?   
   >> > > If so, you must have NOT paid any attention to what the professor was   
   >> saying.   
   >> >   
   >> > Says the idiot who obviously never even took grade school English.   
   >>   
   >> Please provide a yes or no answer. It appears to me that you don't   
   >> understand basic economics.   
   >   
   > What question didn't I answer?   
      
   " Have you ever taken economics 101 or a class call macroeconomics? "   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)