will removing minimum wage accelerate job growth?

[marincounty]

Somehow Switzerland can pay McDonalds workers $15 per hour, and they seem to be doing ok.

 

[Throckmorton]

This is another case of Republicans making something up and thinking that makes it true. The actual data shows that raising minimum wage does not destroy jobs.

If you lower minimum wage, all that will happen is that those employers who pay minimum wage will gain more profits. Meanwhile, the companies who pay more than minimum wage as it is will be unaffected. So you're rewarding low pay employers. Eventually there might be downward pressure on all wages, but how does that help anyone but the employers? Remember, the wage earners are also the consumers who support those companies...

 

[Patranus]

They make 7 bucks but so what? The people who made 7 now make 8.50 and so on and so forth. You think you can magically outpace inflation with a min wage? Good luck with that.

Why do you think so many jobs are leaving the country?
(Hint: Its not because the job magically pays more when they raise the minimum wage)

 

[JS80]

Somehow Switzerland can pay McDonalds workers $15 per hour, and they seem to be doing ok.

You're so smart, comparing a homogeneous middle class blonde hair blue eyed nation with a diverse nation of all shapes, colors, and incomes. Unless you're advocating Americans should all look like your white ass.

 

[JS80]

This is another case of Republicans making something up and thinking that makes it true. The actual data shows that raising minimum wage does not destroy jobs.

If you lower minimum wage, all that will happen is that those employers who pay minimum wage will gain more profits. Meanwhile, the companies who pay more than minimum wage as it is will be unaffected. So you're rewarding low pay employers. Eventually there might be downward pressure on all wages, but how does that help anyone but the employers? Remember, the wage earners are also the consumers who support those companies...

that is 100% false. It is a net negative to low wage earners.

Why do you hate freedom?

 

[Craig234]

You're so smart, comparing a homogeneous middle class blonde hair blue eyed nation with a diverse nation of all shapes, colors, and incomes. Unless you're advocating Americans should all look like your white ass.

That's sure relevant.

You're such a right-wing cult member, that you automatically spew the defense for why 'socialism works' in Scandanavia, claiming its homogeneity, in response to a mention of any issue inb Europe.

WHY Swiss having a lot of blondes makes the price of hamburgers go up, you don't say.

Mexicans look alike compared to the US, so the price of a big mac is $15 there too, right?

Idiocy.

 

[Craig234]

They make 7 bucks but so what? The people who made 7 now make 8.50 and so on and so forth. You think you can magically outpace inflation with a min wage? Good luck with that.

Yes, you can. The increase is concentrated to the low wages, not everyone. The guy making $50/hour sees no change.

 

[dmcowen674]

Avvocato Effetti
Banned

Americans have become lazy and entitlement minded.

Take a trip to another Nation, Mexico for example, and you will be humbled by the clean honesty and work ethic (especially Mayans) of the people.

Americans have a big problem in my view.

You expect much but deliver little.

Not all Americans, mind you. I have many hard working honorable people under my command.

As a business man, I'm not going to put my treasure at risk for a group of ungrateful bums who hold a lawsuit over my head. Do you bums get that?

How do I know? I'm the one who will decide who works and who won't.

I feel sorry for those under his "command".

A very hard decision between putting food on the table and working for someone that hates America so much.

 

[Genx87]

Yes, you can. The increase is concentrated to the low wages, not everyone. The guy making $50/hour sees no change.

Everything moves up. Why wouldnt it?

 

[Craig234]

On for the fact they will fall into min wage. I am sure if they moved the min wage to 100\hour nearly all of our workforce will fall into the fold. Give it a few years and people making 100 bucks will be the same people making 7.45 now.

It is really a zero sum game when you get done with it. I do think a min wage is required however to protect the bottom ring of a society.

It is just so funny to watch people fight over a wage that literally affects about 1.7% of the workforce. And 60% of those people are in the food service industry. In other words waiters and bar tenders working for tips. My sister works as a waitress for a local restaurant at night. She can pull down 200 bucks in tips a night. I bet if she worked 40 hours\week there she could make a nice yearly income. I am sure she appreciates you fighting to make her an extra 6 bucks a paycheck lol

It's a lot more than that as you have been told repeatedly, though you don't listen. It's not for her, tip workers are an exception which is hard to enforce tax laws for. Ask her if she pays all her taxes on them?

 

[Craig234]

that is 100% false. It is a net negative to low wage earners.

Why do you hate freedom?

As I said:

You posted a false myth. It'll raise their wages. No doubt you will reply to this repeating the myth, because that's what you do, you can't be bothered to look up facts.

RIght on cue.

 

[JS80]

That's sure relevant.

You're such a right-wing cult member, that you automatically spew the defense for why 'socialism works' in Scandanavia, claiming its homogeneity, in response to a mention of any issue inb Europe.

WHY Swiss having a lot of blondes makes the price of hamburgers go up, you don't say.

Mexicans look alike compared to the US, so the price of a big mac is $15 there too, right?

Idiocy.

You're such a left-wing ri'tard that you automatically think social policy that appears to work on the surface in some far away fantasy european country that it will work in the United States.

Of course uppity ass euros with no immigrants and high regulation will be making hamburgers for $15/hr. Go into a michelin star restaurant in the US you will see waiters that make $100k you don't fucking need government to create an overpriced economy like that. There are always idiots like you that will pay more for fancy shit that makes you feel superior to others.

 

[Craig234]

Everything moves up. Why wouldnt it?

You really don't understand how it works, do you?

The people who make $6 an hour inhstead of $5 do so for competitive reasons such that when $5 is raised to $7, the $6 is raised to about $8 for those same reasons.

But the effect is reeduced the higher you go. People making $10 aren't competing much with minimum wage directly, and might get a smaller boost. The higher you go the more other facts matter.

At the higher wages, it's just ignored. The low wage workers get more, others don't.

Even if the $2/hour increase WERE for higher wages, which it isn't, the percentage increase from $5 to $7 is a lot higher than from $50 to $52.

Go read a study sometime on how the minimum wage affects other wages. I did. You can (but won't?).

 

[JS80]

You posted a false myth. It'll raise their wages. No doubt you will reply to this repeatig the myth, because that's what you do, you can't be bothere to look up facts. Liberals like the min wage to hate the poor.

It's not a false myth. Academic studies have shown people making wages at the bubble do benefit at the higher min wage but the labor class that are not skilled at the min wage price levels can no longer find work. It is a net negative to the people it's intended to help. Get it through your communist brain you are a fucking dishonest dinosaur.

 

[JS80]

You really don't understand how it works, do you?

The people who make $6 an hour inhstead of $5 do so for competitive reasons such that when $5 is raised to $7, the $6 is raised to about $8 for those same reasons.

But the effect is reeduced the higher you go. People making $10 aren't competing much with minimum wage directly, and might get a smaller boost. The higher you go the more other facts matter.

At the higher wages, it's just ignored. The low wage workers get more, others don't.

Even if the $2/hour increase WERE for higher wages, which it isn't, the percentage increase from $5 to $7 is a lot higher than from $50 to $52.

Go read a study sometime on how the minimum wage affects other wages. I did. You can (but won't?).

Congrats, now people who are are the $4/hr skill level cannot legally work. Fucking douchebag.

 

[Craig234]

It's not a false myth. Academic studies have shown people making wages at the bubble do benefit at the higher min wage but the labor class that are not skilled at the min wage price levels can no longer find work. It is a net negative to the people it's intended to help. Get it through your communist brain you are a fucking dishonest dinosaur.

It's a myth. Post one credible study saying the minimum wage is a net negative to the poor.

Clearly, liberals like it because it hurts the poor, and anti-poor people hate it for the same reason.

 

[JS80]

It's a myth. Post one credible study saying the minimum wage is a net negative to the poor.

Clearly, liberals like it because it hurts the poor, and anti-poor people hate it for the same reason.

Why would I spend time to list studies saying min wage is net negative only for you to discredit the economist as right wing?

 

[ebaycj]

Spoken like a conservative liberal. And a good point.

Liberals improve things by putting systems in place. People forget why. History repeats.

I really wish that all legislation was required to have a subsection-by-subsection "why we are doing this", for everything in the bill, including pork / bridges to nowhere / etc... Ideally this would also include some sort of "test" or "qualification" as to how to tell if it is working correctly or not.

Perhaps that would help prevent history from repeating itself so often, and might also allow for a more "revisionary" system where, by looking at the "whys", one would be able to easily revise the parts that are not working while keeping in place the parts that are.

 

[Craig234]

Why would I spend time to list studies saying min wage is net negative only for you to discredit the economist as right wing?

Because you're an honest debater who would realize that when you can't find any credible studies saying this that you're wrong. Oh, wait.

 

[ebaycj]

Asian Americans get fucked from all sides yet we still end up being the most successful people in America. I want my fucking revolution! Down with everyone

How exactly do you get fucked from all sides?

Also, I would be interested to see one ounce of proof of your claim that asian americans are the most successful people in america.

I'm not saying you aren't, I'm just curious what metrics you are using.

 

[blackangst1]

Somehow Switzerland can pay McDonalds workers $15 per hour, and they seem to be doing ok.

A big mac is also $5.60/USD in Switzerland...

 

[ebaycj]

that is 100% false. It is a net negative to low wage earners.

Why do you hate freedom?

Again, proof?

 

[ebaycj]

You really don't understand how it works, do you?

The people who make $6 an hour inhstead of $5 do so for competitive reasons such that when $5 is raised to $7, the $6 is raised to about $8 for those same reasons.

But the effect is reeduced the higher you go. People making $10 aren't competing much with minimum wage directly, and might get a smaller boost. The higher you go the more other facts matter.

At the higher wages, it's just ignored. The low wage workers get more, others don't.

Even if the $2/hour increase WERE for higher wages, which it isn't, the percentage increase from $5 to $7 is a lot higher than from $50 to $52.

Go read a study sometime on how the minimum wage affects other wages. I did. You can (but won't?).

This is very true, unfortunately, and is likely the cause of wage compression amongst the middle class.

The jobs that are pulling down $100,000 a year now, are pretty much the same jobs that were pulling down $100,000 a year 20 years ago. Costs (across the board), however, have gone up significantly.

 

[Craig234]

This is very true, unfortunately, and is likely the cause of wage compression amongst the middle class.

The jobs that are pulling down $100,000 a year now, are pretty much the same jobs that were pulling down $100,000 a year 20 years ago. Costs (across the board), however, have gone up significantly.

Also, as the readers of Kevin Phillips' Bad Money know, the government has been playing games with the numbers it publishes, such as changing the rules to make inflation look lower.

 

[halik]

Historically speaking, tiny changes on minimum wage had ~0 effect on unemployment rates. All that changes are the numbers of hours worked.