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Politics : Mainstream Politics and Economics -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (39001)	2/13/2013 11:53:40 AM
From: i-node	4 Recommendations Read Replies (1) \| Respond to of 85487

>> money the 1% spend is helpful; money the government and the rest of us spend isn't, Money the government spends is not helpful in that it comes from the pockets of the productive people who earn it and therefore cannot spend it more effectively. People spending money is a more productive activity, economically speaking, than government spending money that it has collected from people.

To: Wharf Rat who wrote (39001)	2/13/2013 7:53:31 PM
From: TimF	1 Recommendation Respond to of 85487

You do a rather poor job at translating. Your supposed translation of my statement doesn't even vaguely resemble anything I posted. Don't know for sure whether its an error on your part or a case of deliberately setting up a straw man. -- The fact that people who make more money because of a minimum wage increase, spend more, is unsurprising, and also a poor argument for economic benefit for the country as a whole. Sure people who make more spend more, but not everyone affected by the increase actually makes more. Some people get fired or never hired instead. Its not the "1 percent" that feel that negative impact its the marginal, low skill/pay, worker or potential worker.