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(Twitter)   What the f*ck have you ever done with your life, Art, except draw a f*cking curve on a bar napkin, claim it's some magical economic theory, and then grift the f*ck out of the rubes...hey, wait, that's actually a pretty good racket   (twitter.com) divider line
    More: Asinine, shot  
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3159 clicks; posted to Politics » on 08 Jun 2021 at 10:22 PM (6 days ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



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6 days ago  
Original Tweet:

 
6 days ago  
Hey dumbass.  If they aren't worth $15 an hour, they won't be hired.
 
6 days ago  
The Art of the Spiel.
 
6 days ago  
So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.
 
6 days ago  
He isn't worth a bucket with a hole in it.
 
6 days ago  
"The poor, the minorities"
 
6 days ago  
images.squarespace-cdn.comView Full Size
 
6 days ago  
If you pay a kid fresh out of high school $15 an hour to flip burgers then they will be less likely to join the armed forces, and damn it we need to keep fighting never ending wars in faraway lands to show the world how great Murrica is. Isn't that right, Mr Laffer?
 
6 days ago  
Is he still alive?
 
6 days ago  
Laffer curve is a legitimate thing when talking about fines and penalties. But, unlike parking tickets, income has inelastic demand. People will always try to maximise pre-tax income. Unless you hit 100% tax rates, that means higher receipts with higher  rates.
 
6 days ago  
..., the minorities, ... -- these people aren't worth $15 an hour in most cases
 
6 days ago  
Why does he get to decide how much people are worth in the workforce?
 
6 days ago  

koder: So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.


If you rephrased that as, "Parents should be allowed to let their children die if they can't afford to raise them," then they would probably be nodding along with you in agreement.
 
6 days ago  
The Laffer Curve.

Never was a grift so appropriately named.
 
6 days ago  
The right is making a very strong propaganda push, which we've seen here on Fark too, claiming that 20-30% of the US job market isn't worth a living wage.  That 20-30% of our population deserves poverty as a consequence of not filling jobs that 'deserve' higher wages, which includes the 26 million Americans who work in the retail and restaurant fields as well as, well, everyone else in any kind of service industry.
 
6 days ago  
We can't allow those people to live slightly more comfortable because socialism.
 
6 days ago  
They talk like we will wake up tomorrow and the minimum wage will be $15/hour.  How many people are advocating an immediate increase in the minimum wage to $15/hour?  As far as I can tell, very few.  The increase would be gradual, usually over the next 5-6 years.  This allows for plenty of opportunity to change course if it turns out to hurt the economy.
 
6 days ago  

koder: So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.


There is a third option, and these guys would be pretty happy if we went with it.  It was kind of a big deal in the US in first half of the 19th century.  I think there may have even been a war about it or something.
 
6 days ago  

Dr. Nick Riviera: koder: So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.

There is a third option, and these guys would be pretty happy if we went with it.  It was kind of a big deal in the US in first half of the 19th century.  I think there may have even been a war about it or something.


You mean states' rights?  You're talking about states' rights, aren't you?
 
6 days ago  
He is absolutely correct, and it isn't limited to "low skilled" jobs either. Its true for every single one of us. I don't care if you are fast food worker or the finest pediatric neurosurgeon in the world, if your job hasn't been replaced by automation yet, its only because the technology is currently more expensive than paying you.

I'm in tech sales. I'm a little more insulated than most because my job involves human interaction in a way that computers aren't good at. But they are trying. Some of these new AIs and machine learning programs are farking creepy. I close-beta'd one that could tell I was getting annoyed because the amount of syllables per sentence I was using was gradually decreasing.

Back in the day, it took pretty much full effort from everyone to ensure that people had a reasonably comfortable existence. The true test of our time is going to have nothing to do with socialism or capitalism, but what we do when not only is full employment unnecessary, it actually gets in the way.

Humanity has never dealt with problem like that.
 
6 days ago  

BuckTurgidson: ..., the minorities, ... -- these people aren't worth $15 an hour in most cases


He literally said the opposite of that.
 
6 days ago  
Why hasn't anyone killed him yet?
 
6 days ago  
Fark user imageView Full Size
 
6 days ago  

Magnanimous_J: BuckTurgidson: ..., the minorities, ... -- these people aren't worth $15 an hour in most cases

He literally said the opposite of that.


Que?

I held my nose and listened to the whole thing: he literally - as in verbatim - as in by the actual words he is recorded saying word for word - said exactly that:

Art Laffer: For those people who are coming into the labor force fresh, not oldtimers -- the poor, the minorities, the disenfranchised, those with less education, young people who haven't had the job experience -- these people aren't worth $15 an hour in most cases...
 
6 days ago  

Badafuco: Why does he get to decide how much people are worth in the workforce?


He's practically an expert on not being worth $15/hour.
 
6 days ago  

runwiz: They talk like we will wake up tomorrow and the minimum wage will be $15/hour.  How many people are advocating an immediate increase in the minimum wage to $15/hour?  As far as I can tell, very few.  The increase would be gradual, usually over the next 5-6 years.  This allows for plenty of opportunity to change course if it turns out to hurt the economy.


The problem with that is then $15 an hour isn't worth $15 an hour from back when this push started. It's messed up to take a campaign from 10 years ago and finally say, "ok here's your money" only to find it's the equivalent to what you made in 2010. This shiat needs to be indexed to inflation yesterday.
 
6 days ago  
What I meant to say is that it has become customary for fast food restaurants in California to put "$15/hour" signs on their windows two years before minimum wage rises to $15/hour. And they're now beginning to offer signing bonuses. To French Fry cooks and cashiers. That's "market forces."

// And I'll have an airtight alibi when he's strangled to death with a rope made of braided Big League Chew on a moonless night at the Love's truck stop just north of DFW airport.
 
6 days ago  

arrogantbastich: He isn't worth a bucket with a hole in it.


That's not a fair comparison to the bucket.  Buckets with holes in the bottom can be repurposed.

/I use mine for flowers
 
6 days ago  
The estimated Net Worth of ArthurLaffer is at least $2.62 Million dollars as of 8 May 2021.

Wow. I just need to make 2.62 million dollars and then I can just totally shiat on other people trying their best to make a living wage.

Also, for a millionaire, this guy has a quite the farking gripe about the labor force at McDonalds. What, did they laugh him out of the restaurant when he insisted he should get the Senior Coffee?
 
6 days ago  

fragMasterFlash: If you pay a kid fresh out of high school $15 an hour to flip burgers then they will be less likely to join the armed forces, and damn it we need to keep fighting never ending wars in faraway lands to show the world how great Murrica is. Isn't that right, Mr Laffer?


Maybe we could raise the military pay too. It's farking disgusting that the military trains the enlisted on how to get public assistance because they know they do not pay enough.
 
6 days ago  

Olthoi: runwiz: They talk like we will wake up tomorrow and the minimum wage will be $15/hour.  How many people are advocating an immediate increase in the minimum wage to $15/hour?  As far as I can tell, very few.  The increase would be gradual, usually over the next 5-6 years.  This allows for plenty of opportunity to change course if it turns out to hurt the economy.

The problem with that is then $15 an hour isn't worth $15 an hour from back when this push started. It's messed up to take a campaign from 10 years ago and finally say, "ok here's your money" only to find it's the equivalent to what you made in 2010. This shiat needs to be indexed to inflation yesterday.


Don't think, even for a moment, that those in power don't KNOW that minimum wage (along with tax brackets and fines) should all be indexed to inflation.

But this way the GOPers don't have to win, all they have to do is not lose: Any time the minimum wage *isn't* constantly raised amounts to a de facto pay cut and a transfer of even more month to the tiny number of wealthy exploiters that own them.
 
6 days ago  

mofa: Why hasn't anyone killed him yet?


I am tired. Also- I respect the rules of war and he has not been in my AO.

Also :

Fark user imageView Full Size

( that is from another scumbag who paid for his letters who is a nazi )
 
6 days ago  

runwiz: They talk like we will wake up tomorrow and the minimum wage will be $15/hour.  How many people are advocating an immediate increase in the minimum wage to $15/hour?  As far as I can tell, very few.  The increase would be gradual, usually over the next 5-6 years.  This allows for plenty of opportunity to change course if it turns out to hurt the economy.


Minimum wage increase have never caused negative impact on the overall economy. Not once.
 
6 days ago  

BuckTurgidson: Magnanimous_J: BuckTurgidson: ..., the minorities, ... -- these people aren't worth $15 an hour in most cases

He literally said the opposite of that.

Que?

I held my nose and listened to the whole thing: he literally - as in verbatim - as in by the actual words he is recorded saying word for word - said exactly that:

Art Laffer: For those people who are coming into the labor force fresh, not oldtimers -- the poor, the minorities, the disenfranchised, those with less education, young people who haven't had the job experience -- these people aren't worth $15 an hour in most cases...


He broke those into two distinct camps. NOT the oldtimers or the poor or the minorities and disenfranchised. Second group:Young people with no job experience.

He deliberately separated the two. It was pandering, but he made it clear. Especially so in context of the rest of his argument. A tenured fast food employee might be well worth $15 or more, and he includes the groups who would be most likely to fit that classification. But a dipshiat 16 year old isn't worth $15 an hour.
 
6 days ago  

Magnanimous_J: BuckTurgidson: Magnanimous_J: BuckTurgidson: ..., the minorities, ... -- these people aren't worth $15 an hour in most cases

He literally said the opposite of that.

Que?

I held my nose and listened to the whole thing: he literally - as in verbatim - as in by the actual words he is recorded saying word for word - said exactly that:

Art Laffer: For those people who are coming into the labor force fresh, not oldtimers -- the poor, the minorities, the disenfranchised, those with less education, young people who haven't had the job experience -- these people aren't worth $15 an hour in most cases...

He broke those into two distinct camps. NOT the oldtimers or the poor or the minorities and disenfranchised. Second group:Young people with no job experience.

He deliberately separated the two. It was pandering, but he made it clear. Especially so in context of the rest of his argument. A tenured fast food employee might be well worth $15 or more, and he includes the groups who would be most likely to fit that classification. But a dipshiat 16 year old isn't worth $15 an hour.


booooooo! You didn't even give them a chance!
 
6 days ago  

Magnanimous_J: He is absolutely correct, and it isn't limited to "low skilled" jobs either. Its true for every single one of us. I don't care if you are fast food worker or the finest pediatric neurosurgeon in the world, if your job hasn't been replaced by automation yet, its only because the technology is currently more expensive than paying you.

I'm in tech sales. I'm a little more insulated than most because my job involves human interaction in a way that computers aren't good at. But they are trying. Some of these new AIs and machine learning programs are farking creepy. I close-beta'd one that could tell I was getting annoyed because the amount of syllables per sentence I was using was gradually decreasing.

Back in the day, it took pretty much full effort from everyone to ensure that people had a reasonably comfortable existence. The true test of our time is going to have nothing to do with socialism or capitalism, but what we do when not only is full employment unnecessary, it actually gets in the way.

Humanity has never dealt with problem like that.


sales? you're worth nothing. i don't need a salesperson to click a link on a website and buy what I want. You have zero value, and like to show it.
 
6 days ago  
*at the expense of profits
 
6 days ago  

Magnanimous_J: BuckTurgidson: Magnanimous_J: BuckTurgidson: ..., the minorities, ... -- these people aren't worth $15 an hour in most cases

He literally said the opposite of that.

Que?

I held my nose and listened to the whole thing: he literally - as in verbatim - as in by the actual words he is recorded saying word for word - said exactly that:

Art Laffer: For those people who are coming into the labor force fresh, not oldtimers -- the poor, the minorities, the disenfranchised, those with less education, young people who haven't had the job experience -- these people aren't worth $15 an hour in most cases...

He broke those into two distinct camps. NOT the oldtimers or the poor or the minorities and disenfranchised. Second group:Young people with no job experience.

He deliberately separated the two. It was pandering, but he made it clear. Especially so in context of the rest of his argument. A tenured fast food employee might be well worth $15 or more, and he includes the groups who would be most likely to fit that classification. But a dipshiat 16 year old isn't worth $15 an hour.


Oh and you can't read either huh?

The two distinct groups were "not the old timers" and "the poor, the minorities, disenfranchised and young people"
 
6 days ago  
George Carlin on "the American Dream"
Youtube kJ4SSvVbhLw
 
6 days ago  
Oh wait, he's serious?

Let me Laffer even harder.
 
6 days ago  

Magnanimous_J: He broke those into two distinct camps. NOT the oldtimers or the poor or the minorities and disenfranchised. Second group:Young people with no job experience.

He deliberately separated the two. It was pandering, but he made it clear.


The fook he did.

Laffer elided:
* the poor
the minorities,
* the disenfranchised
* those with less education
* young people who haven't had the job experience


into a single, indivisible, atomic statement of relative worth of humans.

I mean, maybe that last one has some relevance to an employer's pay decisions.

The first four are pure Nazi, I'm afraid.
 
6 days ago  

runwiz: They talk like we will wake up tomorrow and the minimum wage will be $15/hour.  How many people are advocating an immediate increase in the minimum wage to $15/hour?  As far as I can tell, very few.  The increase would be gradual, usually over the next 5-6 years.  This allows for plenty of opportunity to change course if it turns out to hurt the economy.


Every single establishment here that is hiring is doing so for at least $14 an hour.
 
6 days ago  
Really lives too sheltered a life.  he should go to the poor communities, and predominately black communities and try saying that, and convince them.  If he can convince them they they are not worth $15 without getting killed or trying to run away from an angry mob, then I might show him a little more respect.. which right now is negative.  But there is always a chance it could be higher
 
6 days ago  

BuckTurgidson: Magnanimous_J: He broke those into two distinct camps. NOT the oldtimers or the poor or the minorities and disenfranchised. Second group:Young people with no job experience.

He deliberately separated the two. It was pandering, but he made it clear.

The fook he did.

Laffer elided:
* the poor
* the minorities,
* the disenfranchised
* those with less education
* young people who haven't had the job experience

into a single, indivisible, atomic statement of relative worth of humans.

I mean, maybe that last one has some relevance to an employer's pay decisions.

The first four are pure Nazi, I'm afraid.


... and don't post another word without a very unambiguous justification for being underpaid in a minimum-wage job based on:
* already being poor
* being considered a minority
* being disenfranchised - that is, being unfairly prohibited from voting
* being less educated than someone else
 
6 days ago  

koder: So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.


You can if you not-so-secretly worship a god of misery and suffering.
 
6 days ago  

koder: So then they should have been aborted and their parents given free birth control. You literally can't have it both ways, because either you pay enough for the next generation to live or you're advocating radical birth control. Simple as that.


I'd like to subscribe to your newsletter.
 
6 days ago  

nicholas m schumacher: The estimated Net Worth of Arthur B Laffer is at least $2.62 Million dollars as of 8 May 2021.

Wow. I just need to make 2.62 million dollars and then I can just totally shiat on other people trying their best to make a living wage.

Also, for a millionaire, this guy has a quite the farking gripe about the labor force at McDonalds. What, did they laugh him out of the restaurant when he insisted he should get the Senior Coffee?


His net worth is an adequate 3-4 bedroom house in some parts of the world, and he's dispensing economic advice that people listen to?
 
6 days ago  
Should always be referred to as, the "Laugher Curve" because it's a ridiculous farce.
Fark Laffer with Norquist and Gingrich's used dildo.
 
6 days ago  

kkinnison: Really lives too sheltered a life.  he should go to the poor communities, and predominately black communities and try saying that, and convince them.  If he can convince them they they are not worth $15 without getting killed or trying to run away from an angry mob, then I might show him a little more respect.. which right now is negative.  But there is always a chance it could be higher


Black people are fully capable of hearing opinions they don't agree with without turning into a murderous horde.

replacementcool: Oh and you can't read either huh?

The two distinct groups were "not the old timers" and "the poor, the minorities, disenfranchised and young people"


Jesus Fark. Just Occam's Razor that shiat. You think a guy would go on even fox news and say something like that? For what? The 5 grand they throw at someone to appear on their network?

You obviously can't read social cues or follow normal conversation. Which perfectly explains this:

replacementcool: sales? you're worth nothing. i don't need a salesperson to click a link on a website and buy what I want. You have zero value, and like to show it.


If that was the case, the Fortune 500 company that I work for would cut my throat and throw me in a lake. They are not a particularly sentimental bunch. I obviously produce something valuable or they wouldn't keep cutting me these fat-ass checks every month.
 
6 days ago  

Magnanimous_J: kkinnison: Really lives too sheltered a life.  he should go to the poor communities, and predominately black communities and try saying that, and convince them.  If he can convince them they they are not worth $15 without getting killed or trying to run away from an angry mob, then I might show him a little more respect.. which right now is negative.  But there is always a chance it could be higher

Black people are fully capable of hearing opinions they don't agree with without turning into a murderous horde.

replacementcool: Oh and you can't read either huh?

The two distinct groups were "not the old timers" and "the poor, the minorities, disenfranchised and young people"

Jesus Fark. Just Occam's Razor that shiat. You think a guy would go on even fox news and say something like that? For what? The 5 grand they throw at someone to appear on their network?

You obviously can't read social cues or follow normal conversation. Which perfectly explains this:

replacementcool: sales? you're worth nothing. i don't need a salesperson to click a link on a website and buy what I want. You have zero value, and like to show it.

If that was the case, the Fortune 500 company that I work for would cut my throat and throw me in a lake. They are not a particularly sentimental bunch. I obviously produce something valuable or they wouldn't keep cutting me these fat-ass checks every month.


Do i think a guy would just go on fox news and spout some racist, classist, elitist bullshiat?

yes, yes I do. It happens all the farking time. It's LITERALLY WHAT THE CHANNEL IS KNOWN FOR.
 
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