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yeah. Exactly. Wages are controlled by the market. A min wage will only curtail employment demand. This is economics 101. Labor demand has elasticity and this is true now more than ever.

not pertinent to the discussion of min wage

Probably, but it might have more to correlate with skills. If min wage goes up, i bet those people don't get more insurance. On a side note, how does someone not have insurance? Between Medicaid and Obamacare, everyone should be covered unless they choose not to be.

The minimum wage has nothing do to with the healthcare and life expectancy. This is a strawman argument.

and the google programmer can pay for the unemployment in his state.

Those states are losing jobs to lower cost labor states. Why are all the manufacturers moving to the south?

Maximum employment because prevailing market wages were already higher than $15 in most markets. Employers don't control wages. They are purely free market.

Wages are what the market will bear at all levels, whether it be a programmer making 500,000/year or a cashier making $15/hour. It has nothing to do with "a viable business" - unless you think the only businesses that should be in America are law firms, doctors offices, and big tech. I guess...

No one has the full story. But everytime these threads are started the OP omits a very important detail.

That’s possible. I don’t know his whole story.

my neighbor started a blockchain trading company. (Im going to be cryptic about what it does). He fired all the programmers who didn’t embrace AI to help their jobs. He has less headcount and more productivity.

This thread is possibly the dumbest of the year and this is the year of Quanto and wxytrader. here’s the explanation of the note: OP is placing trades that no one would take the other side of. Placing trades costs money in terms of cancelation fees, routing costs, etc. while most of these fees...

I read the attachment. they are saying your orders aren’t reasonable (selling a 10 wide vertical for 10, no rational party will trade that) and somehow you actually arbitraged yourself. my guess is they realized you are a walking timebomb.

wait. You wanted to trade a million contracts with a 100 dollar account?

They should sponsor your series exams. You can't hold a license without a sponsorship anyway. And I've never heard of not already having a license being a gating factor for a hiring decision.

IDB means inter dealer broker. It’s those institutional guys you were referring to.

this list is mostly business owners and executives for whom the pool of talent is international.

I never thought highly of IDB's. Some of them were my friends, but most couldn't tell you the difference between a call and a put. (i'm not exaggerating).

a brokerage is completely different from trading. Most of the guys I deal with failed at being a trader.