Message from @Techpriest
Discord ID: 572432624950181888
Higher minimum wages hurts us
If we lowered it, more teenagers could be hired to build up their experience
Yea
Politicians like bernie sanders are very ignorant when it comes to economics
They want the stuff that sound good
but they dont know what the effects will be
with the argument for higher minimum wage
who is gonna pay for it?
Can you demonstrate to me evidence that trickle down economics works? @Chemar
@Bruh Moment how about the guy who’s taking a large cut of the profits of the company
@Deleted User trickle down economics don’t work
The rich just hoard their wealth
Yes. To my knowledge lowering min wage feeds the idea of trickle down economics.
Clearly u guys are retarded
Companies love minimum wage lmao
No one pushed for amazon minimum wage except for competitors of Amazon
Minimum wage is essentially a way to drive out your small competitors
Ye
If you already had healthcare for your employers
Do not then you lobby for everyone to have healthcare
You dont lose, but they lose
You also get good publicity as well
Now explaining trickle-down economics
It doesnt exist
This is a leftist term
Otherwise we'll call all terms of socialism communism
But we wont for this point
The proper term is called Supply-Sided Economics
And it's based on 4 key principles.
1. A man taxed at 100% will not make any tax revenue.
2. A man taxed at 0% will not make any tax revenue.
3. Time is money.
4. Man likes to take risks
Follpwing these 4 principles is how supply-sided economic is founded on
1 you dont want to tax too high
Or people will just loophole you
2 you dont want to tax too low or else youre not a government
3 time is definitely money
Supply-sided economics is literally a synonym though so it doesn't matter which term you use