mr roboto

Guilty all 3 charges. Wow.

Watching the local news coverage here with a deep pit in my stomach. Although I don’t live in the city of Minneapolis I’m 10 miles out and the city has gone through enough the last year.

The right is OBSESSED with hating her. Super weird.

As a % of income. Can you read?

This is an insanely poor idea. Progressive taxation is an absolute must unless you tax capital gains and asset transfer much higher.

At least he’s talking about a plan. He inherited absolutely no plan because the previous guy in charge was busy convincing the jocks at school that he should’ve won the prom king vote and matched down to the cafeteria to throw #### around. After the grown ups cleaned up the mess they had to actually get to work.

We act as if automation is a necessity because corporations will always find ways to cut costs. We act as if small landlords will inevitably fail and large real estate holding companies will buy them out. We hand ring over the fact that when wages increase companies will just increase profits instead of looking at other areas of their budget to retain margins while paying their employees more. Listen, the market only does these things because the public lets them. We can choose to pay people more for menial labor and holdback automation if ultimately that’s in the best interest of our e

Income tax isn’t the only tax. Hope that helps. Rich people (meaning high net worth, not just high income) can earn money ‘cheaper’ through capital gains, asset appreciation etc. We tax income too much and asset transfer not enough IMO.

I never said prices would t rise! My god I literally said I own businesses and as wages rise I will have to raise prices. You think prices are the only offset for wage increases? Business is way more complex than price-wages=profit. I don’t think raising the minimum wage by let’s say 50% would raise prices by 50%. Do you?!?! Re:labor costs in businesses - every industry and model is different. In my industry it’s about 35-40% but I’m in service (ie don’t sell products so no inventory/COGS). Look - if you earn a regular wage and your concern is for the busine

By this logic wages aren’t even relevant then. Because no matter what costs negate wage increases. So we might as well drop wages to reduce prices! I will admit that I need to study more on the effects of raising minimum wages. Could you link to any studies you’ve read that have helped you form your opinion?

Raising minimum-wage may cause prices to rise but it will also give tons of people more discretionary spending power who are currently no barely able to afford rent. I employ people at the $15-$20 an hour level and as minimum wage increases I will probably have to raise my pay scale a few dollars over the next few years as well which yes means that my prices will go up. We seem to be the only country that struggles to comprehend you can raise minimum wages and increase the tax base and provide more social services and not completely destroy the economy. We’ve got this weird belief he

I had a lady back out of a killer business purchase because ‘now that Joe won taxes will be so high I won’t be able to make a profit.’ She literally thought private business would cease to make money. Not just that business. Any business.

Lol. It’s super weird and detached. When Biden won I had friends panic and sell stock/move to cash etc and they were shocked the markets skyrocketed. Just flabbergasted. Smart people too.

Do you really believe these doomsday narratives? My god the fear.

What’s Dodds take on this?