JFLNYC wrote:As they say, my spending is your income and your spending is my income.

Monkeyboy wrote:

Werthless wrote:
Now that I have 3 kids, I spend more time thinking about early childhood development, values, and how to raise kids with the morality, grit, independence, and intellect to thrive in the world today. To piggy back on your post, the inequality and breakdown of the society values is happening long before someone gets a job. By the time kids get to high school, there are clear differences that will carry through for the rest of their lives. It's not a new challenge, how to produce successful children, but it's an exciting one if we can figure out how to raise kids that enables them to succeed.
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I agree with this, but I think the thing it misses is the fact that not everyone will be successful. In fact for most cases, for every winner, there are multiple losers. So how do we treat the unsuccessful? Many of these people are where they are due to nothing more than bad luck. How do those people deserve to be treated? I certainly hope your children will be successful, but if they're not, I'll be there to lend them a hand. I hope you'll be there for my kids, too.

I agree with JFLNYC. Even placing aside the economic argument, this is a matter of decency and the common good.

JFLNYC wrote:How will JPMC be able to remain competitive in a global economy with those raises? Won't they have to fire a lot of employees just to stay afloat? Should we short their stock?

Democratic Rep. Corrine Brown of Florida suggested on Friday that, if agents investigating her had instead spent their time investigating the man who killed 49 people at an Orlando nightclub in June, the massacre could have been prevented.

“These are the same agents that was not able to do a thorough investigation of the agent, and we ended up with 50 people dead,” Brown said, referring to Omar Mateen.

Friends,

Last week was very rough.

Two black men were needlessly gunned down by police; 5 Dallas police officers were slain by a demented man, and on Friday I had to appear in federal court.

My heart is heavy, but my spirit remains unbroken. Being indicted is very scary. Yet my conscience is clear because I’m innocent. I’m not the first black elected official to be persecuted and, sad to say, I won’t be the last.

JFLNYC wrote:

Most of you probably think that the $15 minimum wage in Seattle is an insane departure from rational policy that puts our economy at great risk. But in Seattle, our current minimum wage of $9.32 is already nearly 30 percent higher than the federal minimum wage. And has it ruined our economy yet? Well, trickle-downers, look at the data here: The two cities in the nation with the highest rate of job growth by small businesses are San Francisco and Seattle. Guess which cities have the highest minimum wage? San Francisco and Seattle. The fastest-growing big city in America? Seattle. Fifteen dollars isn’t a risky untried policy for us. It’s doubling down on the strategy that’s already allowing our city to kick your city’s ass.

Read more: http://www.politico.com/magazine/story/ ... z4E9aLhMh2
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If the minimum wage had kept pace with productivity since 1968, it would be ~$20 now. And if it had kept up with the wage growth of the wealthiest 1%, it would be. . .



Wait for it. . .




Close to $30/hr.

smitty wrote:The thing I like about paying people better is they will buy more stuff. That's good for the economy. Commerce breeds commerce.

JFLNYC wrote:As they say, my spending is your income and your spending is my income.

jerseyhoya wrote:How the people of Florida and the United States will go on without her in Congress, god only knows