In response to:

Minimum Wage, Maximum Foolishness

FletchforFreedom Wrote: Mar 08, 2013 11:29 AM
Few things are more annoying than a LeftWingNut on the internet in his underwear (why seek a job?) condescendingly demonstrating he has no grasp of reality. Here's an idea, FLMC; in fact you can run it by other economic illiterates: As it is such an affront to logic to raise the minimum wage to $9/hr, then let's be REALLY SMART and cut it down to $0/hr!! Not only will it increase unemployment for low-skilled workers but (as anyone with a grasp of reality alreadt knows) overall wages will NOT fall because employers CANNOT PAY BELOW THE MARKET WAGE! The "living in their cars" comment merely demonstrates imbecility.
FletchforFreedom Wrote: Mar 08, 2013 1:11 PM
That some employers (a microscopic fraction of the economy as a whole) compete on K-Street is possible only because of government intervention. It has no bearing on the overwhelming majority of the labor market. That we have a tremendously impaired market as the result of government intervention is certainly true, but your pretense that this magically undermines the interaction of supply and demand in the real world is unmitigated ignorance.

Claims that my pointing out your ignorance and inaccuarcies is similar to anything said by slaveholders is beneath contempt.
FletchforFreedom Wrote: Mar 08, 2013 12:44 PM
Oh, c'mon!!! You can't blam Mitchell, Williams, me or anyone else for "conveniently ignoring" your COMPLETE DELUSIONS. It has NOTHING to do with "employer morality". Employers HAVE NO CHOICE. They MUST compete in the marketplace for labor which prevents the wage free-fall you suggest. The notion that employers have all the power and screw workers is completely divorced from reality and has been COMPLETELY DISPROVED. The concept (monopsony) does NOT exist in the marketplace (and has only been found in major league baseball during the reserve clause era).
FlamingLiberalMultiCulturalist Wrote: Mar 08, 2013 12:32 PM
What I understand and what Mitchell, Williams, and yourself conveniently ignore is that a pure marketplace of supply and demand is a FairyTale in today's USA. In your world every employer is a moral paragon and the free exercise of greed by the increasingly unrestrained wealthy & powerful never occurs. Nice place, i wish I lived there, but no amount of prattling over the benefits of poverty and starvation for the working poor can make it reality.
FletchforFreedom Wrote: Mar 08, 2013 12:21 PM
Only a buffoon confuses parody with a lack of originality (which is why you did it). Had you anything resembling critical thinking you would be able to grasp a basic tenet of economics - the interaction of supply and demand. Contrary to economic ignorance and stupidity, EMPLOYERS DO NOT SET WAGES; they are determined by the same interaction of supply and demand that sets ALL prices. Employers compete for labor in the marketplace, which is why even entry level jobs often pay HIGHER than the legal minimum even during a recession.

The implications that employers control the labor market and workers get screwed is so disconnected from reality, no one with a brain falls for such complete idiocy.
FlamingLiberalMultiCulturalist Wrote: Mar 08, 2013 12:07 PM
"...because employers CANNOT PAY BELOW THE MARKET WAGE! "

Whatever employers pay IS the Market Wage!!
FlamingLiberalMultiCulturalist Wrote: Mar 08, 2013 12:01 PM
"Few things are more fact you can run it by..."

Another annoying feature of Homo RightWingNutus is his utter lack of originality, an unfortunate side effect of the atrophy of his critical thinking ability via the process of swalowing as gospel whatever Limbaugh spews. (I suppose imitation is still flattery, but some flattery is worthless, considering the source.)

Should the federal government make life more difficult for low-skilled workers?

I hope everyone will emphatically say “NO!”

Heck, most people understandably will think you’re crazy for even asking such a preposterous question.

But some of those people will also think that it’s a good idea for politicians in Washington to make low-skilled workers less attractive to employers by raising the minimum wage.

I often ask such people whether they are more likely to buy a Big Mac if McDonald’s raises the price by 24 percent. They say they are less likely.

Minimum Wage Cartoon 2