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boudreaumw

Member Since 16 Jul 2007
Offline Last Active Yesterday, 09:33 PM
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Posts I've Made

In Topic: Social Security

Yesterday, 09:33 PM

On the topic of minimum wages and savings I agree no one on minimum wage is nor should be saving money, their sole goal should be focused on increasing their income by any means.

It's sad that there are people trying to support families on minimum wage. The why is really what matters. In my honest opinion the reason why is two fold.

One you have a blackmarket labor force because of the income tax and illegal immigration that has eliminated a large part of the skilled work force. What was once a respectable and profitable trade job such as flooring carpentry agriculture and so on is now dominated by a black market labor force. Change to a consumption tax and you'll eliminate that black market stealing from the American workers.

Second the rise of mega corporations killed small storefront business. It's given mega corporations are going to pay low wages. The solution is less mega corporations and more small business. Again government gets in the way creating regulations the small guy starting out just can't keep up with.

This is one of the big things I do not understand. Illegal workers are a problem, I agree fully with this. I think most people will agree with this. However, what it does show, is that in an unregulated free market, employers will pay as little as they can. Not in relation to relative skill but as low as they can get away with to pad profits. When you have more people looking for good jobs than there are good jobs available, weather skilled or not, you find people willing to take much lower wages simply because they need income. If you don't have a minimum wage and a healthy one at all, what incentive is there at all for employers to pay a decent wage? I say there is zero incentive at all and in the end well over half the population (guessing here) suffers as a result. 

 

The taxation is a completely different issue that also needs to be addressed but it does not fix the obvious problem. There are way more people than there are "non minimum wage" type jobs. There probably isn't even enough to support half the population. There is no solution to this problem. In my opinion, you help support the half (or whatever the % is) by having a decent, livable minimum wage or you simply do not care about those people. 


In Topic: Social Security

30 October 2014 - 07:58 PM

Social Security is a topic that few really know or understand.

 

Myth 1.  You don't get the money that you paid in back.

Myth 2.  The money paid into Social Security does not reside in some "trust fund" or any other type of account.  In fact, the Social Security "pool" contains more IOU's than cash.

Myth 3.  Social Security was never meant to be a retirement plan.

 

These days, so many of the elderly "poor" people depend on Social Security as their sole means of income.  Social Security was meant to be a supplement to retirement income, not the source.  My advice to younger working people is to either invest in your company's 401k plan with a minimum contribution of 10% if your employer provides this benefit.  Otherwise, look into starting and contributing to an IRA.

Or do both. I have found I get the best pre and post tax benefits but maxing out my employer contribution and then putting the additional into an IRA. Everyone's situation is different though. 


In Topic: Same sex marriages

29 October 2014 - 07:07 PM

So in 15-20 years I have to embrace Polygamy and Zoophilia if its legalized and become the norm in society?

Yes, obviously you must. This is what you want to hear right?  :wallbash:


In Topic: Where are you on the political spectrum? (QUIZ)

28 October 2014 - 04:20 PM

Interesting the amount of social libertarian results. I think we're really seeing shift towards live and let live on social policy as the older generations fades away.

Some libertarian ideals, marijuana legalization, gay marriage etc... fall in line with leftist ideals. Others fall in line with right wing ideals. It's a good example of how extreme party lines and pure opposition in every possibly category is a failing of the two party system and that neither is really for the people. 


In Topic: Where are you on the political spectrum? (QUIZ)

28 October 2014 - 02:21 PM

You are a center-left social libertarian.
Left: 2.49, Libertarian: 5.15

 

Foreign Policy:

On the left side are pacifists and anti-war activists. On the right side are those who want a strong military that intervenes around the world. You scored: -5.17

 

Culture:

Where are you in the culture war? On the liberal side, or the conservative side? This scale may apply more to the US than other countries. You scored: -6.59