Re: DIRECT BIDEN TO MAKE THE MINIMUM WAGE *MEDIAN* $15 NATIONWIDE (In 2009 Chained Dollars)
tesla sTinker <[email protected]>
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It wont matter. He will be gone soon. They have proof, the election was rigged. And no one, can change that. Here it is.... https://michaeljlindell.com/wp-content/uploads/2021/01/ANTHOLOGY-OF-HAMMER-AND-SCORECARD-ARTICLES-PUBLISHED-BY-THE-AMERICAN-REPORT.pdf On 6/26/2021 10:20 AM, Intelligent Party scribbled: > On 6/18/2021 3:27 PM, Intelligent Party wrote: >> DIRECT BIDEN TO MAKE THE MINIMUM WAGE *MEDIAN* $15 NATIONWIDE (In 2009 >> Chained >> Dollars) >> >> This coincides with Trump's notion of 65% per capita GDP, of each of >> the 3,000 >> counties. >> >> This will be 50% of the per capita GDP, AFTER TAXES, of each of the >> 3,000 Counties. >> >> Or else, better yet; determine the real 50% per Capita GDP, AFTER >> TAXES, of each >> of the 3,000 Counties (including state and local taxes). >> >> Raise by 5% of the County’s per capita GDP every three months, or $1 >> every three >> months, whichever is higher. >> >> >> United States per capita GDP varies, >> from $31,881 in Mississippi, to $65,545 in Massachusetts (In 2009 >> Chained Dollars): >> https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP_per_capita >> >> [The U.S. Department of Commerce uses 2009 as a base year: >> https://en.wikipedia.org/wiki/Chained_dollars] >> >> Miss. at $31,881 * 65% = $20,722.65, /2080hours = $9.96/hr under this >> notion. >> Mass. at $65,545 * 65% = $42,604.25, /2080hours = $20.48/hr under this >> notion. >> >> Between the 3,000 Counties, the per capita GDP disparity, is even >> greater, than >> between the States. >> >> Underemployment masks true unemployment. >> >> Take 1-2 years to raise, so as not to shock. (COVID just shocked, and >> they didn't >> give a sh*t at all). >> >> So, every 3 months, raise the minimum wage 5% of the County's per >> capita GDP, or >> $1, whichever is higher, until it reaches 65% of the County's per >> capita GDP, or >> $65% of the lowest State's GDP, whichever is higher. Or determine the >> 50% thing. >> >> >> Trump and Hilary discussed raising the minimum wage, in debate in >> 2016, Trump was >> thinking of 65% of per capita GDP of the County, while Hilary said $12 >> per hour. >> Trump and Biden just discussed it in debate Oct 22, 2020. While Biden >> says he >> supports a $15 Federal Minimum Wage, Trump says $15 would be ruinous >> in some >> Counties. Trump should have gone with the prior notion of 65% per >> capita GDP of >> the County: >> Trump and Biden in Debate: https://www.youtube.com/watch?v=axBYd5X1vEY >> Trump saying at least $10 Nationwide, in 2016, he never passed this: >> https://www.youtube.com/watch?v=RJoFHS44rII >> >> $15/hr would be too high in Mississippi, and too low in Massachusetts. >> $15/hr * 2080hours = $31,200, which would be 97.86% of per capita GDP in >> Mississippi, and 47.60% of per capita GDP in Massachusetts (in 2009 >> chained >> dollars). Yet we want 65% per capita GDP everywhere. And to make it >> higher, you >> would have to limit spending at the top (which is a separate idea). We >> have to >> protect capital savings. >> >> >> Twenty-one States, have a State or Federal, minimum wage of $7.25/hr = >> $15,080/yr. >> >> Five of those States, Alabama, Louisiana, Mississippi, South Carolina, >> and >> Tennessee, have no State minimum wage, yet only the Federal of >> $7.25/hr = $15,080/yr. >> >> Sixteen of those States, have a State Minimum wage equal to the >> Federal of >> $7.25/hr = $15,080/yr: Idaho, Utah, Colorado, Texas, Oklahoma, >> Nebraska, North >> Dakota, Iowa, Wisconsin, Indiana, Kentucky, Pennsylvania, New >> Hampshire, Virginia, >> North Carolina, and Georgia. >> >> The Federal Minimum Wage of $15,080, is 47.3% of per capita GDP in >> Mississippi, >> and 23% of per capita GDP in Massachusetts (in 2009 chained dollars). >> Yet we want >> 65% per capita GDP everywhere. And to make it higher, you would have >> to limit >> spending at the top (which is a separate idea). We have to protect >> capital savings. >> >> It's like if you were trying to make the minimum wage in Mexico, the >> same as in >> the United States; it wouldn't fly. >> Mexico's Per Capita GDP is $10,405, (Mexico's GDP _PPP_ is $21,362). >> (Likewise Mississippi's GDP _PPP_ may be higher than $31,881). >> >> We have to protect capital savings. But we can't build an economy by >> not having >> an economy. There will never be an economy for the slaves, if they >> don't build >> one through spending anything, relative to the existent capital. We >> will never >> allocate resources correctly, and build the economy where we need to, >> if we don't >> start at the bottom. We need to build the economy from the ground up. >> >> I envision a much brighter future, for America, if we raise the >> minimum wage, as I >> indicate. Look into the future, and see what you see. I'm an >> economist. Trust me. >> >> Also, a low minimum wage is apparently correlated with a higher State >> prison >> population: >> https://en.wikipedia.org/wiki/Minimum_wage_in_the_United_States >> https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_incarceration_and_correctional_supervision_rate >> >> >> >> The punishment for crime in most of the fifty U.S. States, is either >> slavery, or a >> dungeon, and that is abomination. >> >> >> *NOTE, these numbers are actually not adjusted for inflation. There is >> 2.5% >> inflation per year; 25% inflation per decade. They have been >> discussing raising >> the minimum wage for some time. Based on inflation, it would be as if >> Biden were >> saying 'make the minimum wage $19.50 nationwide,' and $13 per hour in >> Mississippi, >> and $26 per hour in Massachusetts. Inflation is exponential. >> >> The $13 is Hilary's $12 now, (Donald's $10(?)) with the inflation. >> Hilary's >> already inflated 20% from the $9.96 listed at the beginning of this >> post. That's >> how it would be $13, if for the whole nation. The bare minimum; but >> not high >> enough, except in Mississippi. >> If you go to >> https://en.wikipedia.org/wiki/List_of_U.S._states_and_territories_by_GDP_per_capita >> >> and compare Mississippi 2009 chained GDP to (scroll down) 2019 >> Mississippi GDP, >> you have $40,464/$31,881 = 1.269 = 27% increase over 2009. United >> States total = >> $65,281/$50,577 = 1.29 = 29% increase over 2009. Massachusetts >> $86,942/$65,545 = >> 1.32 = 32% increase over 2009. [So those previously calculated minimum >> wage >> percentages are even lower]. >> >> So I conclude, that the answer is: >> >> Every 3 months, raise the minimum wage 5% of the County's per capita >> GDP, or $1, >> whichever is higher, until it reaches 65% of the County's per capita >> GDP, or $65% >> of the lowest State's GDP, whichever is higher. Not to be higher than >> 65% of the >> highest State's GDP, and not to be affected by new States admitted to >> the Union, >> except as determined by Congress (New States will use States already >> previously >> part of the Union, unless otherwise determined by Congress, and States >> can have >> higher minimum wages themselves). >> >> (So if your County's per capita GDP, is lower than the per capita GDP >> of the State >> of Mississippi, you use Mississippi's per capita GDP.) >> >> (The State Government can still make the State minimum wage higher, if >> it wants). >> >> Keep in mind there will be no money for retards under this plan. The >> jobs that >> they ever could have worked will be eliminated. However, I do not >> envision an >> increase in unemployment. Rather, I believe raising the minimum wage will >> significantly stimulate the economy. I envision a much more robust >> economic >> future for the United States. >> >> >> Also, if the per capita GDP of Washington D.C. is really $200,000 as >> Wikipedia >> indicates, then this is why we also use just 65% of the highest >> State's GDP >> whichever is _lower_, for both Washington D.C. and any Counties who's >> GDP's are >> higher than the highest State's GDP. At the moment New York State, >> $90,043 = >> $58,527 /2080= $28/hr would be the highest minimum wage in the >> Country, for >> Counties both in and out of New York State, who's 65% per capita GDP >> is as high or >> higher than $28/hr. Rather than indicating a $130,000, $62.50 minimum >> wage in >> Washington D.C. >> >> Also, a useful link may be: Wikipedia "List of United States Counties >> by per >> capita income" This is not per capita GDP, but per capita income. I >> presume >> they're using debt or asset spending to make per capita GDP higher: >> https://en.wikipedia.org/wiki/List_of_United_States_counties_by_per_capita_income >> >> [Data for the 50 states and the District of Columbia is from the >> 2009–2013 >> American Community Survey 5-Year Estimates: >> Data on the District of Columbia does not seem accurate or correlated >> in this >> page: $45,290.] >> >> As for the 5% or $1 raise every three months; Start with the State’s >> minimum wage >> if it is higher than the Federal of $7.25. >> >> >> >> Finally, TRANSFER FREE CASH of 50% of the after tax minimum wage on a >> monthly >> basis. This is 25% per capita GDP; to everyone over 18 years of age. >> The net of >> the free cash plus earnings, cannot be higher than the full time >> minimum wage. The >> amount of free cash shall be reduced until recipient's earnings and >> free receipts >> amount to full time minimum wage, of 50% per capita GDP after taxes. >> >> Part time jobs are the only mal-point there, but workers don't really >> have control >> over hours worked, and so it's not really a point. >> >> TRANSFER FREE CASH of 25% of the after tax minimum wage on a monthly >> basis. This >> is 12.5% per capita GDP; to everyone under 18. The net of the free >> cash plus >> earnings cannot be higher than the full time minimum wage. The amount >> of free >> cash shall be reduced until recipient's earnings and free receipts >> amount to full >> time minimum wage, of 50% per capita GDP after taxes. >> >> So far, under this plan, there is no different minimum wage for people >> under 18. >> If there were, that would either get them less pay, or jobs easier, or >> some of both. >> >> You can get 3 months forward and 3 months back, each, maybe; 6 months >> upfront if >> needed. Amount is determined by residence declared in the highest >> County be Per >> Capita GDP, so people have more money if they move, to a more >> expensive part of >> the Country. >> >> >> The point is not to spend nor to save, but to spend exactly the right >> amount, and >> on the right things (and to save exactly the right amount). Building >> the bottom in >> consumer products requires spending money. 1. Consumption, 2. Personal >> Property, >> 3. Real Property. Otherwise we will never build the Supermarkets and >> Stores which >> provide these products and what people want. It's all a question of >> what to >> finance. Due to COVID more spending at Amazon.com has built Amazon.com >> more, and >> will allow Amazon.com to reduce prices. Building these companies is in >> the >> interests of the American people, as these companies can then have >> economies of >> scale like Walmart. Average costs are reduced when quantities >> increase, and fixed >> costs stay the same. But the free market must determine which >> companies to build. >> >> Fiscal Spending can merely increase inflation and the interest rates, >> and these >> will only go up if we reach maximum output. We need to stimulate the >> economy to >> make up for the lost businesses to COVID. But we can only finance so much >> ultimately, and what is it that we want to finance? Even so, the >> economy hasn't >> been at maximum output since 2000*. Also, waiters don't produce >> anything, and >> would be better off building and buying dinning room tables rather >> than working >> as, and buying, waiters. >> >> Other things we can spend on/finance include: >> Transportation >> Education >> Housing >> Water >> Power >> >> Needs are (in no particular order): >> 1. Energy, 2.Communication, 3.Food, 4.Housing, 5.Transportation, >> 6.Medical & >> Dental, 7.Education, 8.Sanitation >> >> 1.Real Property, 2.Personal Property, 3.Consumption >> >> Not sufficiently developed nor therefore commoditized: >> 1. Mattresses, 2. Shoes(athletic, boots, supportive dress), 3. >> Housing, 4. >> Vehicles 5. Electricity. >> >> And of NEGLIGIBLE cost, YET MANDATORY!: >> Free Abortions - in the first trimester /14 weeks; there is no ghost >> in the fetus, >> and with no parental consent - this is mandatory. >> Free Sanitation - Dumpsters and Porta Potties for the homeless - this >> is mandatory. >> >> San Diego has free trash pickup for a large percentage of its >> residents. Maybe >> ALL dumpster services should be paid for by the Government. Otherwise >> it's the >> difficulty of charging homeowners for dumpsters while those living in >> vehicles can >> still have free access to dumpsters. Porta Potties are not an issue in >> this way. >> >> "Since 1986, the city has collected trash from single-family homes but >> not >> apartments, condos, private streets or gated communities. Residents of >> multi-family units and their landlords have to contract with private >> companies to >> handle their trash." >> https://www.voiceofsandiego.org/topics/government/the-san-diego-garbage-law-thats-fueled-a-century-of-trash-talk/ >> >> >> >> One's right to park a bus in a residential neighborhood, and live in it >> nationwide; if there is no notice not to park in front of, nor >> directly across >> from, someone's house, as view could be blocked, nor block business >> signs. A bus >> or RV is a wall of car. A vehicle with a kitchen, bathroom, and bed, >> is the >> minimum acceptable housing. But a shelter is a row of beds for no more >> than three >> nights, and tent is miserable, but provides more privacy than a >> shelter. Some >> tent dwellers have cars a few blocks away. >> Everyone produces 1/2 bag of trash per day, whether they live in a >> vehicle, a >> tent, or a home. >> Stop cities from betraying the public trust by having preferential >> parking where >> it is not needed - as they may rush to use this method to ban RV's. >> >> (*rates were up from 2005-2007 tho) >> https://tradingeconomics.com/united-states/interest-rate >> https://www.jpmorganchase.com/about/our-business/historical-prime-rate >> >> >> >