XPost: ca.general, ca.politics, alt.california   
   XPost: alt.abortion, alt.drugs.abuse   
   From: RegulationReform@USA.com   
      
   People are not truly gainfully employed when making $.02 per hour.  They are   
   more   
   likely doing worthless jobs and a fiscal stimulus is needed.  To spend on   
   employment and thereby as well purchase infrastructure which provides industry   
   for   
   the people.  We want to assess the wealth of the nation accurately, if this   
   includes addressing the personal spending at the top.   
      
   Just making the point, that if unemployment were to go up, that is not   
   necessarily   
   an argument against the minimum wage.  But unemployment vs. inflation,   
   inflation   
   vs. the interest rate, and the interest rate vs. price/book values; the Philips   
   curve* should be accurately assessed, and not give a false representation of   
   the   
   economy based on a low minimum wage.   
      
   That is, if an increase in the minimum wage were to cause the Philips curve to   
   shift out, we would be at a higher unemployment rate for each level of   
   inflation.   
   In this case, we would want to increase inflation by lowering the interest   
   rate or   
   fiscally stimulating the economy, addressing the true state of the nation.   
      
   Not falsely pretending things are okay, because people were employed to do   
   non-productive jobs at low wages.  Rather, investment in both capital and   
   labor -   
   education, and equity, needs to be increased.   
      
      
   Without the American economy no one would be earning any living at all.  Pro   
   Basketball players would not be earning $30 million per year playing   
   Basketball in   
   Chad.  No, it is the capital that is responsible for any return on labor at   
   all,   
   for everyone.  Nor is a passive income that is not saved for capital fair.    
   That   
   someone gets more money by the hour to spend, than you, because they are taller   
   and can win at Basketball.  And is there no money for the retarded or the less   
   intelligent?   
      
   Granted, maybe some people have focused more by the hour, on their jobs than   
   others, so far, but that just means they've put in more time like someone who   
   has   
   more education - maybe only because they had that opportunity, thus the vast   
   disparities in pay are largely unfair certainly if education isn't free.  And   
   even   
   if it is, that would mean that more time passing gets you more money.  So work   
   experience, education and brand name, intelligence, body, talent, financial   
   assets   
   themselves, are assets, which earn a passive income, while people work the   
   same or   
   less hours than others.  Why participate?  Are you with slave labor?  The   
   return   
   on a $1 billion dollars is $50 million per year without work.  While we differ   
   in   
   assets, we're all equal in expenses, and cost and Spirit.  Those who own   
   capital   
   are liable to exploit others - i.e. their workers, if they're able.  You can't   
   start a business without financial equity.   
      
   Meanwhile the world withholds property from you at gunpoint.  It's just like   
   being   
   robbed.   
      
   Do you think this argument has merit?  Am I still missing any points?   
      
   What if you are actually teaching people to be more industrious, the above   
   argument says you are just paid the same to teach?  Just trying to consider   
   this   
   and see what if anything else might be.   
      
   How is it our society expects our politicians and those who serve them to be   
   altruists, but doesn't expect the same of everyone else?  How come our society   
   has   
   a psycho arguing that everyone isn't altruistic, while it doesn't pay our   
   politicians and those who serve them any incentive to work?   
      
      
   *Philips Curve Explained:   
   https://www.economicshelp.org/blog/1364/economics/phillips-curve-explained/   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)