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Discussion: U.S. Election 2016: Primary Season
Member Since: 1/20/2012
Posts: 27,830
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Member Since: 1/20/2012
Posts: 27,830
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Quote:
Originally posted by ABEL-o-matic
This is just scam in disguise that Bernie has devised as his plan. His argument is by increasing taxes, it will allow everyone to have more benefits. But taxing the rich isn't enough to sustain that plan over a 300M population. Therefore his $15/hour minimum wage tactic is a loophole in disguise to create the illusion that the people will actually feel the effects of this economic stimulation, when in fact, people are going to end up in the same sinkhole they were in.
Pay more to have more, basically. Endless cycle.
Minimum wage discussions in Canada is a state/provincial decision, and it works very well to work in conjunction with the current cost of living on each province.
And raising minimum wage in Canada will not have bad ramifications as the US, seeing that even though Canada pays more taxes generally, we are a nation of 30,000,000 people, so it's sustainable.
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And where is your proof of this?
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Member Since: 8/3/2010
Posts: 71,871
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Quote:
Originally posted by Mickey
i hate it when this thread isn't peaceful
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Is it not civil? I see people throwing around words like payroll tax, income, etc. As I've stated before I'm like a toddler when it comes to economics (I'm a science nerd instead) but I see these same words all the time on TV lol. Does that mean its hostile or?
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Member Since: 1/20/2012
Posts: 27,830
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There's actually a website you can use to find out how much you would save/pay with Bernie's healthcare plan.
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Member Since: 12/7/2011
Posts: 18,969
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Quote:
Originally posted by Marvin
And where is your proof of this?
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I don't have a proof, but here's the stats according to the Department of Labour (I'm too lazy to get the links but I did reference it yesterday on previous pages):
30M Americans are living off minimum wage or below.
Minimum wage will surmount to about $17,000 a year, which in theory is about $510,000,000 a year. Increasing minimum wage, will cost companies $1b a year in payout.
This may be a small lump of money, but here's the deal. 30M minimum wage workers in America is the entire population of Canada. I may not be a business analyst, or Chuko who's run many companies, but it's common sense. I don't have the brains to analyze the intertwining factors, but I hope someone can chime in.
Not to mention the fact that these companies that pay minimum wage are the ones that most consumers come to and buy goods and services from - Fast food, Walmart, Target, etc... if minimum wage is 15/hour then the cost of goods and services will shoot up! Fast food chains are running on thin margins, and they can't afford to increase wages. Otherwise they'd have to fire everyone.
Not only that, but minimum wage jobs are not really those worthy of a $15/hour wages. These jobs don't need degree, not even school. Imagine making coffee and serving a Big Mac for $15/hour no efforts, while another is making $20/hour as a bus driver or a garbage collector. Its no brainer not to take the cashier job since it's an easy job after all. It's basically enabling the society to lose motivation because their work will not be of any more worth than a coffee boy.
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Member Since: 12/7/2011
Posts: 18,969
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Quote:
Originally posted by Marvin
There's actually a website you can use to find out how much you would save/pay with Bernie's healthcare plan.
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Quote:
Sanders has courted Democratic primary voters with a promise of a European-style single-payer system that allow Americans to get care from any doctor without paying out-of-pocket expenses.
The $1.38 trillion-a-year plan would raise taxes on individuals and employers to make the government the sole payer for health care services. It would provide Americans with a health insurance card they could use to get all medical services.
Sanders argues that his plan would reduce health care spending by $6 trillion over the next decade and save over $5,000 a year for a typical middle class family. On his web site, he says a family of four with a household income of $50,000 would pay just $466 a year for single-payer health care, a savings of $5,800 from the average premium and deductible costs paid by middle class families.
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1.38 trillion is a very conservative amount.
We have a Europeran-style health care in Canada. It works, but it's still broken (even though I'm thankful for it and very grateful).
In province of Ontario alone, Ontario Drug Benefit plan costs the Ontario government hundreds of billions of dollars a year, and that's including a yearly 4% deductible off our gross income, which also is on top of the income tax that we pay every year. It's similar to ObamaCare, but it works for us because Ontario only has 13,000,000 population.
What the hell is Bernie smoking  ... His plan would cost $10T at least.
But of course the government is not going to pay for Bernie's health care, when he's going to increase minimum wage to $15! So ultimately, it's the people who'll end up paying!
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Member Since: 1/20/2012
Posts: 27,830
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Quote:
Originally posted by ABEL-o-matic
I don't have a proof, but here's the stats according to the Department of Labour (I'm too lazy to get the links but I did reference it yesterday on previous pages):
30M Americans are living off minimum wage or below.
Minimum wage will surmount to about $17,000 a year, which in theory is about $510,000,000 a year. Increasing minimum wage, will cost companies $1b a year in payout.
This may be a small lump of money, but here's the deal. 30M minimum wage workers in America is the entire population of Canada. I may not be a business analyst, or Chuko who's run many companies, but it's common sense. I don't have the brains to analyze the intertwining factors, but I hope someone can chime in.
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The size doesn't matter. We're a much bigger country with a much bigger economy with way more jobs. It doesn't how matter how many people live in Canada.
Quote:
Originally posted by ABEL-o-matic
Not to mention the fact that these companies that pay minimum wage are the ones that most consumers come to and buy goods and services from - Fast food, Walmart, Target, etc... if minimum wage is 15/hour then the cost of goods and services will shoot up! Fast food chains are running on thin margins, and they can't afford to increase wages. Otherwise they'd have to fire everyone.
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What fast food chains have thin margins? McDonald's and Walmart make BILLIONS of dollars  Sure they might increase prices but people will have more money to spend on this. It's not like they're going to HIKE up the prices. They'd lose more money because people would stop eating there and go to other places that are cheaper.
Quote:
Originally posted by ABEL-o-matic
Not only that, but minimum wage jobs are not really those worthy of a $15/hour wages. These jobs don't need degree, not even school. Imagine making coffee and serving a Big Mac for $15/hour no efforts, while another is making $20/hour as a bus driver or a garbage collector. Its no brainer not to take the cashier job since it's an easy job after all. It's basically enabling the society to lose motivation because their work will not be of any more worth than a coffee boy.
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There's literally no reason why some jobs aren't "worthy" of $15. If someone is working 40 hours a week then they should not have to worry about being below the poverty line. FDR agreed with this. Obviously other jobs would have a wage increase also. It wouldn't make people lazier; they would just get simply get paid more.
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Member Since: 8/3/2010
Posts: 71,871
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Carson dragging the Dems 
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Member Since: 1/20/2012
Posts: 27,830
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Quote:
Originally posted by ABEL-o-matic
1.38 trillion is a very conservative amount.
We have a Europeran-style health care in Canada. It works, but it's still broken (even though I'm thankful for it and very grateful).
In province of Ontario alone, Ontario Drug Benefit plan costs the Ontario government hundreds of billions of dollars a year, and that's including a yearly 4% deductible off our gross income, which also is on top of the income tax that we pay every year. It's similar to ObamaCare, but it works for us because Ontario only has 13,000,000 population.
What the hell is Bernie smoking ... His plan would cost $10T at least.
But of course the government is not going to pay for Bernie's health care, when he's going to increase minimum wage to $15! So ultimately, it's the people who'll end up paying! |
Again the size does not matter That'd be like someone from New Brunswick saying "it works here but it won't work in Ontario because it's too big!"
It can work anywhere if done correctly.
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Member Since: 8/19/2013
Posts: 21,143
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Quote:
Originally posted by Marvin
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I'm tax illiterate beyond my own filings, so forgive my ignorance. Thank you!
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Member Since: 8/3/2010
Posts: 71,871
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Quote:
Originally posted by Citrus
I'm tax illiterate beyond my own filings, so forgive my ignorance. Thank you!
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Me too!
Twins
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Member Since: 12/7/2011
Posts: 18,969
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Quote:
Originally posted by Marvin
Again the size does not matter That'd be like someone from New Brunswick saying "it works here but it won't work in Ontario because it's too big!"
It can work anywhere if done correctly. |
It works with Ontario because it is an economic hotspot so the province is generating billions of revenues, unlike NB which still relies on fishing indrustries.
It CAN work if done correctly! Bernie just needs to be more flexible, and not get all red faced when people say his plans won't work.. It just shows he's not capable of being flexible as a president.
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Member Since: 6/28/2008
Posts: 4,530
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Quote:
Originally posted by Citrus
I'm tax illiterate beyond my own filings, so forgive my ignorance. Thank you!
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I have a degree in economics but this year is the first year i have to do taxes and i am so lost 
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Member Since: 8/19/2013
Posts: 21,143
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Quote:
Originally posted by Mickey
I have a degree in economics but this year is the first year i have to do taxes and i am so lost |
You shoulda made friends with an accounting major 
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Member Since: 6/28/2008
Posts: 4,530
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Member Since: 1/20/2012
Posts: 27,830
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Quote:
Originally posted by ABEL-o-matic
It works with Ontario because it is an economic hotspot so the province is generating billions of revenues, unlike NB which still relies on fishing indrustries.
It CAN work if done correctly! Bernie just needs to be more flexible, and not get all red faced when people say his plans won't work.. It just shows he's not capable of being flexible as a president.
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Where has he done this? I've never seen him visibly frustrated at someone 
And your wall is private so I can't reply to your post!
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Member Since: 1/4/2012
Posts: 7,329
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Honestly Anderson has the best poker face ever,
how he can not have the look of disgust on the guys astounds me.
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Member Since: 8/7/2015
Posts: 1,475
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Okay so... Do we find out who the next president is in november, but they don't take the office until January when Obama leaves?
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Member Since: 1/20/2012
Posts: 27,830
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Quote:
Originally posted by Ryan Rivers
Okay so... Do we find out who the next president is in november, but they don't take the office until January when Obama leaves?
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Yes, they'll be elected on November 8, 2016 and take office on January 20, 2017.
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Member Since: 1/1/2014
Posts: 43,331
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Hypothetical general election matchups (USA Today/Suffolk University) released today.
Take these with a very large amount of salt.
Trump 45, Clinton 43
Trump 44, Sanders 43
Cruz 45, Clinton 44
Sanders 44, Cruz 42
Rubio 48, Clinton 42
Rubio 46, Sanders 42
Kasich 49, Clinton 38
Kasich 44, Sanders 41
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