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Let�s do some math on $15 minimum wage. Maybe it will work and maybe not.

aFicIoNadoS

Posted 12:32 pm, 10/24/2021

And go back to the runner up is Vice President instead of running as a ticket.

aFicIoNadoS

Posted 12:31 pm, 10/24/2021

Maybe we should cut the president to 1 term.

NChillBilly11175

Posted 12:21 pm, 10/24/2021

Joseph T the idea of term limits has it's merits but there are downsides to it as well. The reason we have term limits for the presidency is because (at least up till FDR became a 3 term president) the idea was "George Washington only needed two four year terms so why should anyone else need anymore?". In 1947 they made the term limits for the presidency law. Now why would they do that if FDR was so great and so beloved lol?! The only president sident that never even intended to run for a second term was James K. Polk. He basically said from the beginning 'All I want and all I need is 4 years to get what I want to do done" and he pretty well delivered upon his promises in that 4 years. Polk is a very under rated president in my view. But with pretty much every other president with the exception of Washington and Polk it has been said that the first four years it is all about getting another 4 years and that is a fair assessment. They attempt to keep the people happy enough more or less to try to gain their votes one more time and then they really get down to business in the second term, will of the people be ****ed because they don't have to worry about appeasing the people anymore. That is also a fair assessment. Sometimes that can be good! That is where things of true substance can be done but that can also make a 2nd term President with nothing to lose dangerous and the same logic could apply to Congress as well.

With term limits you risk losing good ones as well as bad ones through the same process. I would like to see a three term limit put in place where after the final term that congressman can not run for another term but after that could run again for as much as two terms again. It would break up the good ole boy networks in Washington but also give the people a chance to get a good one back if they were pleased with his/her service before.

I fear that talk of term limits is pretty much moot though. There are only a very small hand full (and that may be a very generous assessment) of people in a position to give us term limits who are even talking about it. Rand Paul is the only one I can think of. As for the rest of them, they won't support term limits because the system as is works out pretty well for them and why rock the cradle?

aFicIoNadoS

Posted 12:03 pm, 10/24/2021

How long was that waiting period, Liar?

centurion

Posted 11:53 am, 10/24/2021

So saith our resident (or should I say inmate?) entrepeneur extraordinaire.

aFicIoNadoS

Posted 11:43 am, 10/24/2021

11175, this time was even worse. It isn't just that people demanded more money to counter inflation. This time the government mailed people checks to get them to stay home and not work, to force employers to raise labor rates to match the handouts. It wasn't an indirect result. It was a planned, direct goal. What the liberals don't comprehend is this is a double expense on the employers because they have to pay the wages and the taxes to cover the printing of more money. Of course these people have never operated a business or even managed the bookkeeping for an employer, so they have no comprehension that money can't be created without a cost.

Joseph T.

Posted 11:27 am, 10/24/2021

You are correct and the number one thing that would fix the problem is term limits. We have to many politicians who spend their life in DC building power and making up laws to pass. We need people who go to congress handle the country's business and then go home and can only serve a certain number of terms. We don't need people who introduce bills on anything and everything.


I say two terms for the house and senate and you are done.

NChillBilly11175

Posted 11:44 pm, 10/23/2021

There is no such thing as fiscal conservatism in our government anymore. The Republicans are just as bad as the Democrats when it comes to poor economic and monetary policy and both parties are destroying this country's economy.

NChillBilly11175

Posted 11:39 pm, 10/23/2021

Aficionados if they had even the slightest understanding of basic economics they wouldn't be liberals to begin with. Quantitative easing is the cause of inflation but as you pointed out each time the Fed prints out more fiat dollars people want higher wages to be able to pay for things they can no longer afford because their dollar has less spending power. It is a vicious cycle and a vicious cycle that won't be corrected until people understand that the root cause of the problem is inflation caused by quantitative easing. Until people understand the root cause and demand that government does something to reverse the problems caused by inflation the problem will just continue to get worse and worse until our dollar is worth nothing and our economy is destroyed which is where we are just about at already. The root cause of the root cause is government with out of control spending habits and as long as that remains the case not only will inflation get worse but so will the debt and over taxation. This economy can't stand much more of any of the above.

aFicIoNadoS

Posted 11:18 pm, 10/23/2021

Wage increases that are forced do play into inflation. Wages over the last year have happened mostly because the government kept printing money to get people to not work. So employers had to counter that, which has driven up the cost of goods even more. I don't expect most of these emotionally driven, math handicapped liberals to understand it, but the circumstances over the last year have created the highest rate of inflation since 2008.

NChillBilly11175

Posted 11:05 pm, 10/23/2021

Aficionados I hope I did not insult you by trying to act like a know it all. You seem to be pretty intelligent which is something I can't say for a lot of people on GW, especially these liberal ***kwitz who, if brains were gun powder, they wouldn't possess enough between them collectively to blow their own noses. But perhaps all is not lost? Maybe they can learn something? If nothing else they can learn enough humility to realize just how ridiculously stupid and wrong they have been? But I doubt it.

NChillBilly11175

Posted 10:09 pm, 10/23/2021

Aficionado inflation is not caused by wage increases, at least not directly. Inflation is caused when the Fed prints more fiat dollars and puts them into circulation. The more money that is in circulation the less valuable the money becomes. This is exactly why counterfeiting is bad for the economy. The problem here is if a private citizen prints money it is called counterfeiting and is illegal, when the Fed does it it's called "quantitative easing" and is more or less "legal" even though the results are the same and it is unconstitutional being that only silver and gold are actual money. If we actually followed the Constitution we wouldn't have the inflation problems we have. The reason why government calls upon the Fed for quantitative easing is so they can spend money they don't have for things like nation building and war mongering and big government bureaucracies to be created and/or get bigger.

aFicIoNadoS

Posted 9:40 pm, 10/23/2021

They flaw with all of your math is assuming all the employees make minimum wage. It doesn't factor in employees making higher than minimum wage won't be happy making the same as someone at minimum wage, even if it's a raise.

You also don't comprehend that reports are already showing that due to inflation from rising salaries over the last year and all of the democrat handouts, people are actually making less now than they were a year ago before salaries increased

NChillBilly11175

Posted 8:54 pm, 10/23/2021

Skeptic you can't make such a blanket statement with any accuracy what so ever. Corporations are going to raise prices by what ever amount is necessary to stay in business and be profitable. And again it doesn't matter what the politicians raise the minimum wage to if the same politicians keep inflating the dollar which keeps killing the value of the dollar which is the real reason why "prices are going up". If you really want to make rent and milk and pretty much everything else more affordable especially for those who can least afford these things then you should contact your representatives and demand that they force changes that will get inflation under control. Or you could just keep putting the cart before the horse and see what that gets you.

skeptic

Posted 6:35 pm, 10/23/2021

News flash. Prices are going up anyway. Rent has doubled since the last minimum wage increase. Business owners can't continue to raise prices without raising pay. Prices would not even go up that much because of the wage increase. A gallon of milk would go from $3 to like $3.30. A drive through lunch would go from $7 to $8.

troll

Posted 5:49 pm, 10/23/2021

Meanwhile in Mexico



They want Biden to keep them up for life

NChillBilly11175

Posted 5:45 pm, 10/23/2021

And how do you raise wages without raising prices Acumen? Are companies supposed to start taking losses in revenue? Of course raising wages will result in higher costs of production and distribution. You really don't grasp the finer points of business to well do you lol?

Acumen

Posted 5:16 pm, 10/23/2021

Really, I don't know what the answer is to this. If wages are raised, prices will raise. That might help working people but retirees have a problem with this. If we could find away to raise wages without raising prices, then there would not be a problem.

Acumen

Posted 5:12 pm, 10/23/2021

Servers don't get paid much by the owner. They mainly work for tips. That is true for places like the Coffee House. By the way, I love their sinkers hot dogs.

NChillBilly11175

Posted 5:11 pm, 10/23/2021

What business is it of government to determine minimum wage? The origins of the minimum wage in the US are steeped in racial prejudice because when "freed blacks" migrated North after the Civil War they often would perform the same services as whites as good if not better than whites but for less money. A minimum wage was made law in New York City and in other cities in the North to prevent black laborers from under cutting white laborers which lead prejudiced white employers to just go ahead and opt for white laborers. Since those times minimum wage laws have also been used by labor unions to cut out non union laborers who again would often perform the same services as good if not better than union workers. Minimum wage laws do not help the poor they hurt the poor who are often unskilled laborers and keep them from offering the same services or even better service for less money. It deprives them of the opportunity to be competitive and this will hurt the poorest of the poor, it will hurt younger people seeking employment where they could potentially learn skills that would make them more valuable down the road in the work force. Further more raising the minimum wage will not help anyone nearly as much as getting inflation under control would. Raising the minimum wage and putting more money in the pockets of poorer people will only prove to be redundant as a means of making the poor more wealthy if the value of the dollar keeps declining meaning people have to spend more to get less. It is so sad it is almost laughable that the same politicians calling for higher a higher minimum wage are the same politicians who keep causing inflation to continue to spiral out of control and the same fools keep falling for it and voting them into office. This is a prime example of how so called progressive politicians benefit from the poorly educated ignorant voters seeking some pie in the sky solution to all their troubles and worries.

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