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>> There is nothing like a free market when it comes to current minimum wage workers in the U.S. So how does it work? When the cook shows up at MCD every day he is not shackled and handcuffed. He shows up of his own free will. >> Free markets require that the participants have reasonable...

>>We have great distortion int he economy because of the minimum wage being far too low That is simply incorrect. Labor is traded in the free market just like shares of AAPL or GOOG. Then you say: "most labor in most parts of the country is already paid above minimum" Well is the problem the...

This article is great: http://www.theguardian.com/money/2014/sep/04/fast-food-strike-work-unions-membership-restaurants From the above link: "Here’s the secret of fast-food strikes: they’re working." “The unions themselves are recognizing that the old system is broken and they need to retool...

>>Yes, it will get bigger. The people are a "sleeping giant", and those who underestimate them, much less >>consider them to be stupid cattle, will likely be surprised. Could not agree more. The power of the Fed to steer the economy pales in comparison. This new movement IS the economy. Its...

http://www.usatoday.com/story/money/business/2014/09/04/fast-food-restaurants-strike-mcdonalds-wendys-burger-king-taco-bell/15058943/ Should we do it or not appears to be an irrelevant question.....It looks like the correct question to ask is how do we prepare for it? Who and what are the...

For the record, dbPhonex, you are on the politically popular side of this issue. Last night I saw on the news where the minimum wage is going to $13 in the next couple years here in LA. This simply reaffirms the post below that I wrote a couple weeks ago. BTW $13/hr is still far below the...

Absolutely correct! Lets not let facts get in the way of this discussion! Seriously dbphoenix the concepts explained here are fairly simple to understand if you put emotion behind you and do the (easy) maths. Several posters here including myself have invited you to present your argument in...

dbphoenix you really need to think this through. Instead of arguing from the perspective of a low wage worker, think about the problem from the perspective of a business owner. You own a restaurant..... dbphoenix burgers. As an owner you work long hours and barely make enough to survive (true...

This is how it's done: http://apps.npr.org/unfit-for-work/

A government is not much different than a car dealership or a burger joint or a grocery store. In all cases buyers seek best value for their money. In the case of inversions, corporations seek best value for their tax dollar. It amazes me to hear ignorant people like Barrak Husain speak of...

"Wal-Mart Stores warned Friday that cuts to the nation's food stamps program late last year will hurt its bottom line." Clearly, the problem is that the government is not giving money away fast enough. http://money.cnn.com/2014/01/31/news/companies/walmart-food-stamps/

I own a Microsoft phone today, its the third one I've purchased and I think it is a very worthy competitor to all others on the market. Microsoft has a PR problem not a technology problem.

Reading articles like this makes me smile. Barrak Hussain thinks he is going to tax citizens into oblivion so he can hand out money on street corners. In letters sent to four lawmakers, Treasury Secretary Jacob J. Lew said.... “The best way to address this situation is through business tax...

>>What would you do if you got a raise right now? You would buy more fruit! Nope. I would not pay a nickel for a handful of dirt and if I got a raise I certainly would not pay a dime. Some things have relative value. Apples are worth a buck a pound to me and the amount of money I have is not...

I know it sounds funny but it is true. Honestly in my twenty year career I never once - ever - brought lunch to work. I always went to a local restaurant or fast food joint. In the last two years however I bring lunch to work all the time because food is too expensive. Today I went to lunch...

Your point about the true cost of labor is a valid one. However the other side of that argument relates to the true value of labor. In our economy we have a disproportionate number of low wage workers. From a simple supply/demand standpoint, the supply is bringing down the cost and the minimum...

>>Why might I ask is the current situation that much different then all the other times the minimum wage has been raised? We are seeing a reallocation of wealth. It used to be: 1.) Grow the economy and 2.) Create jobs for low wage earners. Now its: 1.)Tax the rich via a minimum wage increase...

http://www.elitetrader.com/vb/showthread.php?t=284557&page=7 >>WAGES ARE NOT INCREASING WITH INFLATION. Yes they are. It is a core, systemic rise and we are in the early to mid stages of it. It is coming and it will hit like a tidal wave. Low wage workers have been organizing for...

Good info, thanks very much. Where might I find the info you cite?

"In the household survey, full-time jobs fell by 523,000, while part-time jobs rose by 799,000." "...Izzo notes that, while 2.15 million people gained employment in June, 2.35 million dropped out of the labor force. "In all but two months since December 2008, more unemployed have dropped out...