2016 Postmortem
Related: About this forumGeorgiaPeanuts
(2,353 posts)progressoid
(50,000 posts)leveymg
(36,418 posts)bigwillq
(72,790 posts)Autumn
(45,120 posts)Because nothing says debt-free like student loan financing and a 20-year payback cap.
"Friends, you too can be debt-free with just a 20-year debt!"
Autumn
(45,120 posts)beedle
(1,235 posts)people will still have significant debt given the stagnant wages, so after 20 years that debt will be 'forgiven' --- after which it turns into a taxable income, due immediately, so then you'll need to take out another loan (not at prime rates since you've been such a delinquent bum with your student loan.)
Duckhunter935
(16,974 posts)One of Bernie's pie in the sky dreams. It will never happen, lol.
pdsimdars
(6,007 posts)even when other countries seem to be able to do it.
Duckhunter935
(16,974 posts)azmom
(5,208 posts)Chasstev365
(5,191 posts)SoLeftIAmRight
(4,883 posts)nice hit
pdsimdars
(6,007 posts)GeorgiaPeanuts
(2,353 posts)Hydra
(14,459 posts)Perfect.
desmiller
(747 posts)Broward
(1,976 posts)Lucinda
(31,170 posts)She has said that all along. As a federal minimum, she feels 12.00 is more fiscally responsible. Not every state could handle those numbers without serious consequences.
AllyCat
(16,235 posts)timmymoff
(1,947 posts)Us.
Lucinda
(31,170 posts)timmymoff
(1,947 posts)Dawgs
(14,755 posts)Who told her...Wall Street, corporations, her advisors? Who?
Because, raising the minimum wage has NEVER caused the problems that the critics have claimed will happen.
Lucinda
(31,170 posts)It would be horrible in soooooo many small towns in this country that simply could not afford to more than double their minimum workers pay at this point in time. Not every business has the profit margin that they could even think about doing something like this.
When was the last time we implemented a "double the current minimum" successfully?
Dawgs
(14,755 posts)And, "doubling the current minimum wage" won't even get it to a living wage. If a business can't afford to operate by paying a living wage for it's employees then they deserve to fail.
MadDAsHell
(2,067 posts)Granted, they'll have a lot of free time now that they're unemployed, but somehow I doubt they'll be using it to sing your praises for wishing their employer right out of business.
Further, have you considered that McDonalds workers, Walmart workers, etc. (the ones I assume have you all riled up) are but a fraction of the workforce?
Are you going to go ahead and wish out of their jobs the millions of hourly workers making under a living wage at not-for-profits?
Oh the horrible, horrible people that work at your local food bank...
TheDormouse
(1,168 posts)Reter
(2,188 posts)She's a true fraud.
Scuba
(53,475 posts)geek tragedy
(68,868 posts)Sanders supporters like memes better than facts.
Politicalboi
(15,189 posts)Because who doesn't live in NY. And she was pushing $12.00 an hour not $15.00. Neither help much 5 or 6 years from now.
geek tragedy
(68,868 posts)She supports $15 for NYC and other expensive areas.
Upstate $12 is more like $20-25 in NYC.
auntpurl
(4,311 posts)between a NYC employer paying his employees $15 an hour, and an employer from middle of nowhere West Virginia paying his employees $15 an hour. It's not complicated!
Hoyt
(54,770 posts)the new law. Doesn't look like NY's law is any faster. I am glad to see states doing something. Our Congress sure won't.
Jester Messiah
(4,711 posts)Response to Pryderi (Original post)
silvershadow This message was self-deleted by its author.
840high
(17,196 posts)SheilaT
(23,156 posts)but I'm constantly amazed at how people who make millions and millions of dollars, or even those merely making a few hundred thousand, are so opposed to the lowest earners making more money.