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guillaumeb

(42,649 posts)
Tue Feb 23, 2021, 05:35 PM Feb 2021

Please, help me to figure this out.


If 70% of the GDP is composed of consumer spending, any increase in wages for the bottom 90% will lead to increased GDP, higher revenues for government, lower debt and deficits, and better long term outcomes for business.

And even what is not spent directly on goods and services could go to reducing indebtedness, and increased savings for short and long term purchases. All positive things.

And it is true that higher wages will mean that a prototypical greedy sociopathic capitalist, call him Beff Jezos, does not get as rich as fast, but this is a good thing because there are not enough greedy sociopaths to stimulate the economy.

What I need help with is not the economic benefits of an increased wage, and call it a living wage, but with understanding why so many workers keep siding with the 1% who are attacking the rest of us?
18 replies = new reply since forum marked as read
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Please, help me to figure this out. (Original Post) guillaumeb Feb 2021 OP
If you find an answer to this, please let the whole world know. patricia92243 Feb 2021 #1
I like your reworking of the MAGA acronym. eom guillaumeb Feb 2021 #2
Remember that mouth breather "Joe the Plumber?" SoonerPride Feb 2021 #3
True. guillaumeb Feb 2021 #6
You know the answer. It is multi-faceted. Ferrets are Cool Feb 2021 #4
There is that. guillaumeb Feb 2021 #7
Imagine you're a worker who's worked for YEARS to get up to earning $20/hour Hugh_Lebowski Feb 2021 #5
It explains a little, guillaumeb Feb 2021 #8
This is called making things better for the next generation BlueSpot Feb 2021 #10
I'm providing an explanation for THEIR thinking which was the question at hand Hugh_Lebowski Feb 2021 #12
OK. I misunderstood BlueSpot Feb 2021 #16
We good brothah/sistah Hugh_Lebowski Feb 2021 #17
So it's easier to believe that giving all the money to the rich will somehow Ferrets are Cool Feb 2021 #13
I'm saying people I've talked to who were against raising minimum wage to $15 Hugh_Lebowski Feb 2021 #14
Insert LBJ quote about how they convince you to help them pick your pockets Donkees Feb 2021 #9
True. eom guillaumeb Feb 2021 #18
Higher wages attract more workers... Wounded Bear Feb 2021 #11
That's why it passed the senate rules WhiteTara Feb 2021 #15

SoonerPride

(12,286 posts)
3. Remember that mouth breather "Joe the Plumber?"
Tue Feb 23, 2021, 05:40 PM
Feb 2021

Back in the McCain v Obama race?

He was working class (and if I recall not really a plumber)and voted against his own economic interests.

At the time someone said republican voters are in two categories: the rich and the soon to be rich.

They have bamboozled these poor schmucks into thinking they will soon be millionaires and therefore want low taxes for when they become rich “soon.”

Ferrets are Cool

(21,951 posts)
4. You know the answer. It is multi-faceted.
Tue Feb 23, 2021, 05:41 PM
Feb 2021

But mostly it's because their brains are susceptible to brainwashing by the right wing media that tells them to hate all things Democratic.

 

Hugh_Lebowski

(33,643 posts)
5. Imagine you're a worker who's worked for YEARS to get up to earning $20/hour
Tue Feb 23, 2021, 05:58 PM
Feb 2021

Which is pretty good money in a lot of fields.

And suddenly the zit-faced 16 y.o. working the register at McDonalds is going to be making $15, without having to pay any dues. Almost as much as you!

And you figure that means your lunches at McDonalds are gonna double in price or close to it. And you have no reason to think you're gonna get paid any more than you are just cause he's making more.

Does that help at all?



guillaumeb

(42,649 posts)
8. It explains a little,
Tue Feb 23, 2021, 06:06 PM
Feb 2021

but it is obvious that many GOP voters have no real grasp of history or facts.

They cannot understand that union busting and tax cuts for the rich help no one but the rich.

BlueSpot

(965 posts)
10. This is called making things better for the next generation
Tue Feb 23, 2021, 06:22 PM
Feb 2021

That's a GOOD thing.

Do you think the people who grew up having to read by candle or lantern light resented the invention of the light bulb because, once that happened, everyone had it easier than they did?

But, hey, you can still tell your kids how you had to walk two miles through the snow to get to school, uphill both ways.

Do you not see how silly that sounds?

 

Hugh_Lebowski

(33,643 posts)
12. I'm providing an explanation for THEIR thinking which was the question at hand
Tue Feb 23, 2021, 06:33 PM
Feb 2021

I didn't comment on whether it's silly or not.

Probably is indeed, now that you ask my opinion on that subject

When teh light bulb was invented, everyone benefitted. Not just 'new users of light'.

And thus in that analogy, EVERYONE gets a raise. Not just everyone earning less than $15/hr.

BlueSpot

(965 posts)
16. OK. I misunderstood
Tue Feb 23, 2021, 11:50 PM
Feb 2021

When I read it, I thought it was YOU making the argument. Hence my dismay.

Apologies for the misunderstanding.

 

Hugh_Lebowski

(33,643 posts)
17. We good brothah/sistah
Wed Feb 24, 2021, 09:17 AM
Feb 2021

Totally understand, in retrospect I see how I was (unintentionally) cryptic there WRT my intent.

Ferrets are Cool

(21,951 posts)
13. So it's easier to believe that giving all the money to the rich will somehow
Tue Feb 23, 2021, 07:10 PM
Feb 2021

"trickle" down to them. There is no understanding the repuq mind. NONE.

 

Hugh_Lebowski

(33,643 posts)
14. I'm saying people I've talked to who were against raising minimum wage to $15
Tue Feb 23, 2021, 08:03 PM
Feb 2021

have mentioned the things ... I just mentioned.

I'm sure there's a number of 'mentalities' both for and against, but that's one I've heard in the 'against' camp.

They think 'price of everything goes up but they don't a raise'.

WhiteTara

(30,143 posts)
15. That's why it passed the senate rules
Tue Feb 23, 2021, 08:27 PM
Feb 2021

it does something. It does something far greater than other laws, so it has that going for it. We'll see how good Bernie is at pulling together the votes he needs to pass his signature legislation.

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