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Pyridium

Obama's Legacy

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Pres. Obama was a professional community organizer. From the top of a milk crate, he inspired millions of people to rally against the system. As a scholar of the Constitution of the United States, he used his vast knowledge to interpret what it was supposed to mean and as President he found the opportunity to slide through the "so called" loopholes of the constitution to enforce the concept for the benefit of the majority of Americans...the middle class.

Obama eliminated the "poor class" from our everyday language. There is no "poor class" in America. If you do not have a job, you are the middle class. The Govt. will feed you, clothe you, give you rent support, provide medicaid or ObamaCare, free cell phones, etc., etc. This is the new "Middle Class", Obama's majority. If you have a job, you are in the "Upper Class", and if you are rich, you are the Elite class. Think of this post when you hear Obama speak about the middle class. Now that the minority are the people with jobs, they are the ones that will be paying higher taxes to support the majority.

This is why Obama wants to raise the minimum wage to $9 per hour. At just $7.25 per hour, it pays more to just sit at home and collect a decent subsidy from the Govt. every month.

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And I can hear the rebuttal coming.

It's tune is "he's turning people into wage slaves, he ignores and actively abuses the Cosntitution and Bill of Rights".

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Obamas a beautiful man when hes in makeup in front of the cameras. So is Michele.

http://www.constitutionalconcepts.org/13thamendment.htm

Edited by AsteroidX
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When we look back at Obama's terms in office, he will be known as the "Campaigner in Chief". He has destroyed the Republican party and is using his milk crate talking to the new "Middle class" instead of talking to congress to solve even the simpliest task.

Obama will also be remembered as the "Oblamer in Chief". Nothing was his fault, it was Bush, Republicans, Upper class americans and the very rich. Remember, Benghazi never happened, and if it did, it would not be Obama's fault, it was the "video".

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Pres. Obama was a professional community organizer. From the top of a milk crate, he inspired millions of people to rally against the system.

hogwash. He inspired millions to rally to work WITHIN the system to accomplish their goals.

Obama eliminated the "poor class" from our everyday language. There is no "poor class" in America. If you do not have a job, you are the middle class. The Govt. will feed you, clothe you, give you rent support, provide medicaid or ObamaCare, free cell phones, etc., etc.

this is more hogwash. Obama did no such thing. Medicaid has existed for many decades. The free cell phone was under Bush administration. Food stamps are limited. The government will not "clothe" you. Unemployment insurance has existed for many decades.

If you have a job, you are in the "Upper Class", and if you are rich, you are the Elite class. Think of this post when you hear Obama speak about the

middle class.

more bullcrap.

This is why Obama wants to raise the minimum wage to $9 per hour.

you are really mistaken. It will create a living wage, one that a person can survive on. In 2012 dollars the existing min wage is a joke.

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When we look back at Obama's terms in office, he will be known as the "Campaigner in Chief".

as opposed to what? This is how our politics works for the last 50 years.

He has destroyed the Republican party

I can only hope.

instead of talking to congress to solve even the simpliest task.

are you completely unaware that it's the republicans in congress that vowed to block EVERYTHING Obama does and have used the Senate filibuster in unprecedented numbers in American history.

Obama will also be remembered as the "Oblamer in Chief". Nothing was his fault, it was Bush, Republicans, Upper class americans and the very rich. Remember, Benghazi never happened, and if it did, it would not be Obama's fault, it was the "video".

First "remembering" will take another four years, my friend. Second, Bush and the republicans so screwed up the country that yes, they will be correctly blamed for it for a century. Benghazi did happen and they freely listed those failures.

I get the impression you really don't keep informed or only watch faux news.

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you are really mistaken. It will create a living wage, one that a person can survive on. In 2012 dollars the existing min wage is a joke.

And when the prices of everyday items inflate with the rise of minimum wage, as it will and always has, it won't be a "living wage" after a couple years. $9 will be more than double the minimum wage of only 17 years ago. Are we going to be at $18 by 2030? There has to be a limit. Raising the minimum wage so often recreates the same problem it's trying to solve.

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There has to be a limit.

No there does not.

This fear of inflation from the minimum wage is not based on any reasonable description of how these minimum wage hikes will likely impact businesses, or the economy more generally. The potential impact of minimum wage hikes on the overall price level is simply too small to have any appreciable impact on inflation.
http://backtofullemployment.org/2013/01/18/minimum-wage-hikes-do-not-cause-inflation/

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There always has to be limits. Limits instill discipline. At some point it becomes unsustainable.

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I feel like the only reason you posted this was to cause problems. Shame on you sir

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There always has to be limits. Limits instill discipline. At some point it becomes unsustainable.

Yes such a barbarically low minimum wage has to do with 'instilling discipline' and not corporate greed. And why are the people at the bottom of society the ones who need discipline? It's all the ones at the top who act recklessly and cause economic carnage for the rest of us.

Frankly I was astounded when I heard that Obama wants to raise the minimum wage in the US to ten dollars an hour. In Australia it's about $16-18. Even more astounding is the notion that people are going to oppose it when it really is a great way to combag poverty.

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There are a few ppl that throw around words like, "bullcrap" and "hogwash" to insult any view that does not comport to their extremely narrow field of vision of reality. I enjoy the way that Ninjadude can take any sentence and come up with something completely different because he has all the answers and everybody else is totally wrong. I read this forum often, and post rarely as I tend to let the socially obsessive and mentally challenged people make fools of themselves. I refuse to get into a fact for fact, you are wrong, I am right, it was his fault, not my fault style of discussions. I talk more from a Macro perspective, not a Micro, trivial way.

When I say that Obama has destroyed the Republicans, I mean that the Democratic press has successfully labeled them as racist, out of touch, morons. The Occupy movement has won, and Obama is their leader. Over 50% of americans are on some kind of govt. dole and Obama is their leader. Obama is the first president that has ignored the country as a whole, and did everything he could to tear down our capitalistic system, redistribute to those that need from those that can provide. According to Obama, we have no debt problem, we have a tax problem. We don't have a spending problem, we have a revenue problem. Oh, by the way, Benghazi was the fault of a video.

Those people that do not vote are known as the "no information Americans". Those people that do vote, but have no idea of how their vote will effect the country are known as "low information voters". It is obvious that our country has a majority population of "low information voters". That is why Obama was voted into office. No logic, no brains, just gimme, gimme, gimme,...mmm...mmm...mmm...Barack Husaine Obama...mmm...mmm...mmm.

In my opinion, Obama has no interest in solving real problems, there are no real problems, but he is moving ahead with his "grand" agenda to reform this country, not the tax code; rewrite the constitution, not abide by it; and to change everything we loved about this country of enthusiastic entrepreneures into a socialistic nanny state...nobody with more than anyone else, and nobody with less than anyone else.

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Warning! Wall of text coming!

gk503d1cb9.jpg

I can understand why many people that like the idea of increasing the minimum wage believe that it is a good thing. I totally understand...but it always comes at a cost.

I can remember my first job while I was in high school. I made $3.35 and hour...woo-hoo! That was...erm...over 30 years ago.

What I have observed over the years is that every time the minimum wage goes up, the cost of everything else goes up. The fallout of this is while it is great that those on the low end of the income scale get a bump, they only get to enjoy it for a very short time. Also...everyone else who was making say...$12.00 dollars an hour are NOT going to get a raise but their costs are going to go up. See the prison?

I'm not saying it is right that every time the minimum wage goes up that the cost of everything else goes up to...it is just a reality. Corporations work on percentages of profit over cost. If it costs $10.00 to make something and you and your stockholders are working for a 25% gross profit...that product must sell for no less than $12.50. If the cost of producing goes up 10% and now cost $11.00 to make...the associated product will now sell for $13.75. See how this works?

I like to think of myself as a realist with hopeful thoughts. I "hope" that one day the world will be fair and we can all live in decent homes with food on our table...but the "realist" in me says..."ain't gonna happen"...

Here is a thought though…

In 1972, the price of an ounce of gold was $38.00 per ounce

(source = http://minerals.usgs.gov/minerals/pubs/commodity/gold/300798.pdf )

In 1972, the minimum wage was $1.60 an hour.

A person in 1972 had to work approx 23.75 hours to earn the equivalent of an ounce of gold value.

In 2013, the price of gold is roughly $1,580.00 an ounce (give or take)

In 2013 the minimum wage is currently $7.25 and hour.

A person today must work approximately 218 hours to earn the equivalent to an ounce of gold.

Just saying…the system isn’t balanced and most people have not observed this huge imbalance …it happened over nearly 40 years. They did not “feel” the water warming up.

Consider this…

In my humble opinion...

If you really and truly want to make the life of others more prosperous and fulfilling...

There is only one possible road...

Freedom.

Here comes my soapbox moment..

mt5099b3da.gif

Many have this idea that the Gov mandating wages is the answer when time and again it has been proven to be only a temporary "pleasure" until the costs rise and wipe out the gains...fact.

The Gov...while mandating this...is also holding strict laws on free enterprise and entrepreneurship. They are holding both ends of the rope that they are using to hang people with. Raising the minimum wage does not create prosperity, it continues wage slavery.

I say...get the Gov out of the way...let people do what they can do to take care of themselves. If a person wants to get a cheap trailer and a cheap grill and sell cheap hot dogs along the side of the road...he should be able to do that. he should not have to pay for licensing and regulations just to get started. Sure, have a health inspection randomly to make sure the guy isn't poisoning people...but do not punish before he even gets started.

If someone wants to be a door-to-door masseuse...they should be able to without ridiculous rules and regulations.

All these regulations and codes do is stifle competition in the market place. If you are already up the ladder, what a better way to keep your "position" than to lobby for regulations that limit and/or remove competition...

The only true answer is complete economic and financial freedom for all. I am not talking about no oversight...there are some things that have to be monitored for safety...but...many things are regulated for the sake of regulation alone. There used to be a term..."Buyer beware"...if you choose to purchase poorly, that is your lack of research...it should not be up to the Gov to protect you from your own stupidity.

I believe things like prostitution and certain herbal substances should be legal. They can be taxed and it boils down to two people making a contract between them. There should be no place for the Gov in this arrangement.

I digress though. I believe in freedom and personal responsibility. I know many-many people believe the answer to our woes is in more and more Gov't control and for me and those that feel as I do...that is the exact opposite of what needs to happen to return to prosperity...

/end soapbox

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you are really mistaken. It will create a living wage, one that a person can survive on. In 2012 dollars the existing min wage is a joke.

Haha. That is funny. I managed various fast food restaurants for 10 years. Their labor is based on sales. You get x amount of labor dollars for y amout of sales. So unless sales increase labor dollars remain the same. Therefore what you get is less hours. You end up making the same amount as before, just work less hours. Then service suffers because there are fewer employees working. Then sales might suffer because service is worse. If sales goes down labor dollars go down. Now you are making less than you did before.

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And what would happen if you were forced to raise wages? Business raise prices or they fail.

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You forget that with increased minimum wages and increased prices comes increased income tax and sales tax revenues!

Honestly, I could go both ways with this issue. Right now if you worked full time at minimum wage you would make $15,080 a year. (7.25X40X52) When I see that number, I see someone who is most likely uninsured, likely without a retirement or savings, and likely receiving government aid.

That is why stores like Walmart annoy me. They operate knowing that they are making a profit while passing on the costs of their employees onto the public (me). Raising minimum wage would just cause them to increase the price of their product maintaining their profit margin and forcing the new minimum wage to be unlivable without government aid again. Businesses are about making money for businesses after all and could care less about America.

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There should me no minimum wage at all.

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Yes such a barbarically low minimum wage has to do with 'instilling discipline' and not corporate greed. And why are the people at the bottom of society the ones who need discipline? It's all the ones at the top who act recklessly and cause economic carnage for the rest of us.

Frankly I was astounded when I heard that Obama wants to raise the minimum wage in the US to ten dollars an hour. In Australia it's about $16-18. Even more astounding is the notion that people are going to oppose it when it really is a great way to combag poverty.

Boohoo with your use of the word barbaric. You're quick to blurt bleeding heart nonsense.

I wasn't talking about instilling discipline on employees or learning the value of a dollar. That stuff is self taught or instilled by upbringing. I'm talking about the need for limits in general when it comes to the economy. If there are to be no limits how about $45 hour minimum wage. Why not? I know. Because the economy would collapse. Prices would be laughably high but it's really irrelevant because that would be unsustainable. All I'm saying is that there is no sustainability without limitations. If you need more clarification on the ramifications of wage increases look back to Jeremiah's post. It was excellent and made sense.

Don't compare our economies either. Australia is nearly the size of the US with the population of NYC, just one city here.

Haha. That is funny. I managed various fast food restaurants for 10 years. Their labor is based on sales. You get x amount of labor dollars for y amout of sales. So unless sales increase labor dollars remain the same. Therefore what you get is less hours. You end up making the same amount as before, just work less hours. Then service suffers because there are fewer employees working. Then sales might suffer because service is worse. If sales goes down labor dollars go down. Now you are making less than you did before.

You forgot to mention that if the business decides that it needs to keep up with high demand it would then have to increase the hours or hire new people. That will result in more expensive cheeseburgers. But in order to keep the cheeseburgers at the existing price then everything you said would happen for sure.

They operate knowing that they are making a profit while passing on the costs of their employees onto the public (me).

Since that is the bare bones of business 101, well, what do you expect them to do? Sell items at cost!? Ha!

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That is why stores like Walmart annoy me. They operate knowing that they are making a profit while passing on the costs of their employees onto the public (me). Raising minimum wage would just cause them to increase the price of their product maintaining their profit margin and forcing the new minimum wage to be unlivable without government aid again. Businesses are about making money for businesses after all and could care less about America.

Why single out Walmart? All business pass all costs of their products to the customers. If you don't you will have to close your doors. Only the government can operate at a loss every year. Every other business needs to at least break even. But there is no sense in operating a business that only breaks even every year, so they close also.

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Eh, I am not complaining about the costs of their products, I am complaining about the tax costs of the food stamps and welfare I am paying for their employees. It's basically me opening a store and paying employee X a crappy wage, getting a profit and laughing to myself because I know that the government is picking up the tab. But, it's not the government picking up the tab, It's you Mr. Fess and Bama13. That's what drives me batty about businesses like that. Paying welfare for a bum that sits on their butts and does nothing annoys me, but paying welfare for a someone working 40hr weeks because a business is gaming the system annoys me as well.

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I agree, Bama13. It would appear that most posters here tend to see everything in the micro. What a shame, they miss the big picture. Obama is not interested in fixing this country, on the contrary, he insists that the economy is doing just fine, all we need is more taxes from every job holder. His focus is on moving this country off of its axis so that his vision will continue in perpatuatity. Small steps toward socialism, no, he is steering us from his soap box pulpit into a total govt controlled society. Democrats, liberals and progressives do not see the big picture, they have the blinders on. We have no problems at all, but if we do it must be the republicans fault.

btw, Before Obama, a part time minimum wage job was just a stepping stone to gaining higher credit scores, climbing the ladder in the company or adding something important to your resume. EXPERIENCE

Since Obama, any job must come with a "living wage". What a joke!!!!! He has no concept of business, economics and common sense when it comes to leading this country out of our problems, oh no, he has a pure agenda for social change, not social unity.

Edited by Pyridium
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Obama's legacy ??

One word - DEBT

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Eh, I am not complaining about the costs of their products, I am complaining about the tax costs of the food stamps and welfare I am paying for their employees. It's basically me opening a store and paying employee X a crappy wage, getting a profit and laughing to myself because I know that the government is picking up the tab. But, it's not the government picking up the tab, It's you Mr. Fess and Bama13. That's what drives me batty about businesses like that. Paying welfare for a bum that sits on their butts and does nothing annoys me, but paying welfare for a someone working 40hr weeks because a business is gaming the system annoys me as well.

I understand your pov but don't agree. Couple reasons... The only I can save from grocery shopping at Walmart only a few times a year more than makes up for my share of taxes toward these folks welfare. At least these folks are working. The worlds largest employer provides billions of dollars in consumer cost savings in a year that can be spent infusing the economy elsewhere. I don't want to get into another Walmart debate but economically they do more good than harm.

As for food stamps... Let's not pass blame. The blame lies solely on the lawmakers.

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I get so tired of people bashing Walmart.

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