Democrats Can't Destroy This
 

Dow jumps more than 100 points to break above 27,000 for the first time ever

Market expectations for a rate cut in July are at 100%, according to the CME Group’s FedWatch tool. Powell testifies again on Thursday in front of U.S. Senate members.

Lower rates, booming economy. TRUMP / PENCE 2020! KAG!

https://www.cnbc.com/2019/07/11/stock-market-fed-chief-signals-a-rate-cut.html

all that means is the tax cuts for the wealthy worked,now they can gamble more on stocks.for economy to last min.wage needs to be $20. a hour min.Then people can afford $1200 rents,and $400 car payments.But no repukes are to stupid, and Dems worry about non citizens and their healthcare.
A higher wage also collect more taxes,and social security,less debt.

The most expensive places to live are BLUE CITIES. 600 Sq Ft condo rents for $3,200.00 a month in San Francisco (that's a cheap one). Is it any wonder Dems want to force companies to raise the minimum wage to help fund their rents?

Fact is there will NEVER be a satisfactory minimum wage... unless you really think rents will stop going up.

As for cars... better options for the poor buying a USED vehicle.

Trump Tax Cuts really helped the poor and everyone who doesn't itemize deductions. But all Dems focus on is how they effected the rich.

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TRUMP / PENCE 2020! GAG!

highest suicides rates
red states

Do you even know how to Dow is calculated or what that number actually means?

I would hope most do know what the daily closing figure means, but it's not really all that relevant to Everyday Joe. I'm more concerned with happens within what I trade and what the quarterly statements show. A few up days and a few down days are a given. For me personally, the past few years have been a comfortable net positive. I am also aware of how that can change quickly. I learned the hard way early on...don't keep all the eggs in one basket, so to speak.

In my state of ILLinois, the graduated minimum wage hike is doing exactly the opposite of what those pushing for it expected. It's hitting small businesses pretty hard. We are toeing the line trying to keep costs in check. Does that mean we can't hire those 2-3 extra high school kids for a part-time summer or after school job? You can bet your ass it does. Bump a part-timer into a full time role with benefits? Nope. Eliminate a position here and there? Yep. And we're just in the first stages. It will get much worse over the next few years.

To the OP title "democrats can't destroy this". they are feverishly trying to destroy it , and will continue to praise it in the debates

I can only hope all of those low level, excluding new to the work place that voted for higher minimum wage increase stay there and not relocate to the great state of Indiana.

Someone who works the counter at an Arby's would have the same sentiment...

Minimum wage increases out of reason, say rapidly doubling it as proposed now, has a number of ill effects. Before you all stand up and start shouting, I won't address any potential "job losses".

What DOES happen is shortening Hours Worked and in some cases workers replaced by automation. Shorter work weeks benefit no-one except the employers. Shorter work weeks relieve the employers from the necessity to provide benefits and result in an overall productivity increase.

Automation requires investment in process which will stay in the future. Workers displaced by automation will not come back to work in their same capacity. True, many can be retrained in other fields but the entry level jobs will be gone forever. Those that feel the pinch will be the least educated, the poorest and for those of you professing to "care so much" the immigrants escaping the tyranny of lower wages in their home countries.

Of course wage increases are a given but such increases must be measured, not slugged.

The problem is Blue States, and what they charge for housing.

So you think there should be rent control then?

Also I am failing to see how high cost of living is a political issue. Businesses will always charge what the market will bear, we have free enterprise here right?

High prices is a sign of a strong economy, right?

So you think there should be rent control then?

Also I am failing to see how high cost of living is a political issue. Businesses will always charge what the market will bear, we have free enterprise here right?

High prices is a sign of a strong economy, right?

You think that the rent in an underpopulated, underdeveloped portion of a blue state is significantly more than that of a comparable area in a red state?

One could rent a mansion located in a Mississippi backwater for what you would pay to rent a studio in Manhattan’s Upper East Side. Yet, I don’t see too many tumbleweeds rolling down Park Avenue. Odd...

Wrong. I think democrats should practice what they preach. Huge difference. As it is, they have overpriced the consumer in a quick rich scheme.

Why do you think they are butt-hurt over the standard deduction and tax law that capped real estate taxes? Serves them right.

What???

Where are all the HOMELESS. IN CITIES. CITIES they can't afford to live in!

They cannot afford to live anywhere...hence the label "homeless". They choose to live in cities because there are ways to survive there that don't exist in the less populated areas.

What would you have them do?

The problem is, that hurt people in blue states, not democrats. The people that are affected aren’t only democrats ya know.



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Here's what you do: Rent a fleet of buses and go to a big city in a blue state. Fill them up with the homeless from that city, and bus them to one of those idyllic affordable-rent areas in a red state.

It just keeps getting better. I learned ILLinois can track out of state purchases made with debit/credit cards and impose back taxes for items like cigarettes (and eventually) alcohol. I suppose a way around this for those close to the state borders is to buy these items with cash.

They also amended the process for tax collections on trade-in values when purchasing new vehicles.

"Trade-ins for property similar to the purchase, such as trading in a used vehicle during the purchase of a new vehicle at a car dealership, have traditionally been exempt from sales tax. SB690 caps that exemption at $10,000 of value, meaning amounts above that will now be subject to sales tax."

Then there's the new "Rain Tax".

Where does it stop?

Nice! You essentially get to pay sales tax twice for the purchase of one item...

Parties control property prices?

Them? As if it's their fault. Classic.

I would have DEMOCRATS fix their CITIES to be fully inclusive of the wide disparity in income they create.

Most are. It slammed blue states and cities harder than red states, that's a fact.

Democrats do it all the time by deflating value. It's called rent control. And that isn't what I am advocating. My plan is far more "touchy feely," it would require low income housing to be built in GATED COMMUNITIES.

Your logic is very flakey and flawed.

God forbid Pelosi rub elbows with her poorest constituents.

When was that voting op?

What would min wage be today had it kept up with inflation?

I am going to pull from page one of the Dem handbook, and say, what does that post mean?

There should be no federal minimum wage, leave it up to the states. That is just another way for Dems to buy votes with other peoples money.

Lets see, Trump is leading us to hell in a handbasket.

But wait!!! If you like things now, he inherited it from oBAMA!

Thank the Rs. Guaranteed if they reduce a tax for ordinary folks they will increase it for them somewhere else. Did we come out ahead? I don't imagine so.

I came out ahead, thank you President Trump, or should I say not as far behind due to taxes.

There's one of us.

Roger this Slo.

In any case, "minimum wage" is really not intended as a comfortable living wage. It is just what it says; minimum. It is an entry level wage and/or one that generally requires a supplement of some sort, or is a supplement to another wage.

I don't think that the original intent of Minimum Wage was to allow low wage earners to enjoy the same life-style as someone making more. A wage level that does that is essentially a word that starts with S or even C.

Every wage earner deserves the aspiration and opportunity to make far more than MW.

Presuming he’s telling the truth...

Is your complaint that I didn't bother to spell out opportunity?

urskktopmop. imrsk.

do gather all your lack of wits and use them to tell us about this voting opp you mentioned.

UG. Blame it on the Russians.