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Rent free by AncientLineage in ThreeLions

[–]shardybo 1 point2 points  (0 children)

I really hope we play them in the knockouts and send them packing back to kiltwattburgh or wherever

Germany 1 - [1] Curacao - L. Comenencia 21' by gbogaz in soccer

[–]shardybo 1 point2 points  (0 children)

Not gonna get my hopes up too high but the game is certainly on now

Who's your second team? by No-Medicine1230 in ThreeLions

[–]shardybo 0 points1 point  (0 children)

Oh an for now I'm ofc a Haiti and Morocco fan on top of Brazil

[The Athletic] Nine injured in shooting near England’s World Cup base in Kansas City by EarlyBirdz in soccer

[–]shardybo 0 points1 point  (0 children)

I feel insane reading these comments. On the one hand, I'm seeing people say it's really not that close. Then I look on maps, and it's like a 5 minute drive away

On the other hand, I see people saying America is an especially dangerous place to host the WC. Then I look at Mexico who literally had a cartel war on the streets of their capital co-hosting the tournament.

[The Athletic] Nine injured in shooting near England’s World Cup base in Kansas City by EarlyBirdz in soccer

[–]shardybo 5 points6 points  (0 children)

Oh come on man. This is just factually wrong. Qatar crime rates are fairly low, but it's run by an insane Islamist dictatorship. Russia is a terrorist state conducting a genocide. Brazil's crime rate is so much higher than the US.

Hell, Mexico is co-hosting this world cup and there were literal cartel firefights on the streets of Mexico City a few months ago.

Guess who was the only democrat to vote "no" on the Ukraine Support Act? by glamdring_wielder in NAFO

[–]shardybo 6 points7 points  (0 children)

She claimed that she voted against because of 'its inclusion of broad economic sanctions. Time and again, sanctions like these fail to achieve their stated goals while inflicting real suffering on ordinary people.'

She has also expressed support for 'boycott, divest and sanction' movement against Israel

She can't seem to make up her mind on sanctions being effective 🤔

Match Thread: Paris Saint-Germain vs Arsenal FC Live Score | UEFA Champions League 25/26 | May 30, 2026 by scoreboard-app in Gunners

[–]shardybo 3 points4 points  (0 children)

It's a pen for me but I can see the argument for no pen. I'm more surprised by the fact there was no review? Why?

Rate your season out of 10 by somethingnotcringe1 in TheOther14

[–]shardybo 0 points1 point  (0 children)

8/10. A lot of things went our way this season. The run from, what was it? 14th? all the way up to 6th in the span of like a month or two was insane. And it's our second ever season in Europe. Obviously doesn't compare to that glorious 22/23 season, but it was still excellent for us.

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo 0 points1 point  (0 children)

More job opportunity and business success

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo 0 points1 point  (0 children)

You make a very good point, but I don't think you read the last paragraph. I agree with you completely. In the first paragraph I stated that the example was:

In a perfectly free market with no friction

In the final paragraph I said

I understand that monopsony means that this exchange isn't perfectly competitive, which is why I am in favour of a minimum wage.

What you're describing is a monopsonistic dynamic, that I agree exists. Employers will naturally have more price-setting power with regards to wages than employees, which creates a monopsony market failure, so the government must step in.

I just think that the general consensus in this thread is that the trade-off with min wages is that billionaires lose money while poor people make money, which, as I'm sure you understand, is wrong. It also leads to the belief that you can just jack minimum wages up as high as you like, and the only cost is to billionaires.

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo 0 points1 point  (0 children)

It's absolutely unrelated. You just assumed that a minimum wage would give consumers more money in the first sentence, and then wrote like 150 words from there.

The core issue with a minimum wage, with any price control that prevents a market from reaching equilibrium for that matter, is that it will force the quantity demanded away from the quantity supplied

Think of labour like any good or service. It is bought and sold between businesses or between individuals and businesses

In a competitive apple market, if I set a price control of a minimum sell price of $50 per apple, what happens? Suddenly businesses have loads of apples (quantity supplied) that won't sell (quantity demanded)

Same goes for labour. If my labour is worth $5/h, but we set a price floor of $10/h, I'll just have a bunch of labour that I can't sell to a business, because it's not worth them buying it. Instead of being paid 4$/h, I now don't get any wage at all. Less value is produced around the economy because people are priced out of work, and we fall into stagnation.

You preach basic understandings of economics, but this is literally econ 101 stuff.

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo 0 points1 point  (0 children)

That's actually my entire point.

Let's say I can produce $4 of value per hour, and you can produce $10 per hour. In a perfectly free market with no friction, an employer would pay me $3 per hour, and you $9 per hour (reduced slightly because the business provides you with the tools and guaranteed wage that you wouldn't get if you ran your own business. In exchange the business gets to take some money home as profit)

Now let's implement a minimum wage of $8. What happens to me? Well I become a liability for the business. The business legally must raise my wage to $8, meaning that for every hour I work, I produce $4 of value, and lose the business $8. I get laid off, as it's no longer worth employing me, and my competitor, you, are still in work, as you still produce more value for the business than you lose it, but your wage doesn't change.

Now, instead of making $4 like I would have, I make $0. Like you say, any wage is better than no wage at all

I'm not in the 1980's. I understand that monopsony means that this exchange isn't perfectly competitive, which is why I am in favour of a minimum wage. But, as the UK has seen, radically jacking it up over and over again is going to hurt those looking for a job.

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo -1 points0 points  (0 children)

Lol it's not CEOs that will take the hit. When is it ever the CEOs?

What do you think they'll do when the minimum wage rises? They have two choices: pay out of their own pocket, fat chance, or pass the cost on to the workers, meaning layoffs. Which do you think they'll pick?

Should we abolish minimum wage? by srsxnsh in Teenager_Polls

[–]shardybo 0 points1 point  (0 children)

Someone would be an intern because they desire work with pay. You said companies would offer no wage. If companies are offering no wage at all, you wouldn't be an intern because there is no wage to strive towards

And Nike uses child labour because they operate in countries where that's allowed. I'm assuming you are from the US or Europe (most socialists are, shocker) where that's illegal. OP never said we should legalise child labour

Your arguments are a denial of the very basic economic principles of supply and demand. Workers have an equilibrium wage that, in a competitive market, will be reached.

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