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J.D. Vance's Incoherent Argument for Higher Minimum Wages
Reason ^ | 6.14.2024 | Eric Boehm

Posted on 06/17/2024 10:47:53 AM PDT by nickcarraway

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To: JoSixChip
Maybe the same reason they are on the Trump bandwagon. Something you could never understand, being a never Trumper and all.

I am a conservative first, Trump supporter second. You are not a conservative because you prefer RINOs like Trump and Vance.

21 posted on 06/17/2024 11:12:08 AM PDT by Erik Latranyi (This is the end of the Republic....because we could not keep it.)
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To: coalminersson

That is my biggest beef. They have zero authority to set wages and yet they set them and now you see they use it to get votes, and they don’t care if it destroys the economy


22 posted on 06/17/2024 11:12:25 AM PDT by Jonny7797
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Comment #23 Removed by Moderator

Comment #24 Removed by Moderator

To: enumerated

“Where is the actual interview?”

https://www.nytimes.com/2024/06/13/opinion/jd-vance-interview.html


25 posted on 06/17/2024 11:20:54 AM PDT by JSM_Liberty
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To: nitzy
The underlying is not about free market economics - it would be great if we had one - but about controlling externalities that distor the free market. For instance the free market sets wages at one level. Bringing in oodles of undocumented workers to undercut the market level wage is another.

You decry Vance manipulating the market. Where is your stand against the cheap labor express implicit in our immigration policy which is devastaing the middle class while using printed money for attendant social services all paid for out of inflating prices astronomically.

I am all for free markets. Right now we are not even close.

26 posted on 06/17/2024 11:22:44 AM PDT by AndyJackson
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To: DIRTYSECRET
He’s pandering. This will score him political points but doesn’t solve anything.

I find myself saying that a lot these days. I honestly don’t GAD, since I understand you don’t win elections without pandering to voters who are borderline retarded.

27 posted on 06/17/2024 11:25:27 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
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To: alstewartfan

What about you? Do you endorse people that have liberal, neocon, big Government, DEI policies just to have someone to endorse?
Trump is the best we have and he will pick the VP. I’m not rooting for many of the 7 the media is selecting for us and if Trump picks someone I am unimpressed with I may bellyache but then I will get behind the Trump team.


28 posted on 06/17/2024 11:26:44 AM PDT by JayGalt (DEI = Didn’t Earn It)
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To: JayGalt

Vance, Rubio and Trump are all flawed men, as am I. But I will be thrilled to vote for any of them.


29 posted on 06/17/2024 11:28:35 AM PDT by alstewartfan (Child slavery, rape and drug OD's mean nothing to Roberts and Barrett. )
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To: nickcarraway

Hey JD. Guess what the minimum wage is? Zero.


30 posted on 06/17/2024 11:33:06 AM PDT by grimalkin (Communism is the final logic of the dehumanization of man. -Fulton J. Sheen)
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To: nickcarraway

Got no use now nor ever did for jd vance. Non-starter in my book. If he were a drill bit we’d call him still green and put him back in the box waiting for him to get more experience and gravitas.


31 posted on 06/17/2024 11:33:53 AM PDT by Sequoyah101 (The Government that got us in this mess is not the Government that can get us out of it.)
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To: nickcarraway

With a central bank, and centrally-controlled, printed and fiat monetary system - any attempt to centrally-manage the minimum wage is absurd, and useless.

Our central bank by its very design creates inflation and declining real wages, while on the other hand, government attempts to “fix” it by also declaring higher wages by fiat

Its like an arsonist who sets a fire, and then tells you how you should put it out.


32 posted on 06/17/2024 11:37:59 AM PDT by PGR88
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To: nickcarraway

The min. wage is a political issue and not an economic one. Set it to $15.00/hr then tie increases to inflation. TAKE THIS DIVISIVE issue off the table. Republicans need to get out of the trash lowest wrung business.


33 posted on 06/17/2024 11:40:52 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: nickcarraway

Reason losertarians hyping Vance’s words to advocate for open borders.


34 posted on 06/17/2024 11:41:30 AM PDT by montag813
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To: HYPOCRACY
lower domestic taxes, close the borders and put up a 20% import tarff.

Completed it for you.

35 posted on 06/17/2024 11:42:00 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: Erik Latranyi

If Vance needs a hook legalize all drug but he won’t do that with his background. Ohio doesn’t want to be CA. Poop in the lake, homelessness everywhere, terrible school. Vance no thank you.


36 posted on 06/17/2024 11:44:10 AM PDT by cnsmom
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To: PGR88

Funny, does anyone else see the correlation between the lust for cheap labor, open borders and the constan lamentation of the minumum wage?


37 posted on 06/17/2024 11:44:46 AM PDT by central_va (I won't be reconstructed and I do not give a damn...)
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To: JayGalt

Let’s try MEI for a change. Merit , Excellence and Inteligence.


38 posted on 06/17/2024 11:47:27 AM PDT by cnsmom
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To: PGR88
To be honest, there’s no way to “fix” this problem in the real world.

Just about every person in the human race wants to pay as little as possible for what they buy, and charge as much as possible for what they sell (and for most people, what they “sell” is their labor).

At least 95% of the government decisions that are made in a modern economy are aimed at shielding people from the reality of this intractable conflict.

People don’t want to face the limitations of the human condition. It’s much easier for them to live in a delusional state where it’s possible to have $40/hour wages, 3% unemployment, and Walmart prices for everything.

39 posted on 06/17/2024 11:49:21 AM PDT by Alberta's Child (“Ain't it funny how the night moves … when you just don't seem to have as much to lose.”)
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To: central_va

As usual you are mistaken. The free market economy works due to free market prices, and any government control over prices is poison, whether it is minimum wage, rent control, or wage and price controls. The end result of doing these economically poisonous things is another Venezuela.


40 posted on 06/17/2024 11:49:56 AM PDT by devere
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