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Ever been to a grocery store that has automated checkouts or no longer has people bagging your groceries?
Every grocery store I've been to has either zero or a single-digit number of automated checkouts, which are intended for shoppers with a small number of items.
Those who lose their jobs, because labor costs become too high. Increasing minimum wage is a net loss. Some people earn higher wages while more lose their jobs. The losers outnumber the winners. Read the study.
Those who lose their jobs are mostly teens, hence not breadwinners and thus unlikely to be thrown into poverty by the loss of their part-time job.
Here are about 70 research papers that come to the same conclusion. Basically, if the local market is already making more than minimum wage there are no noticeable negative effects. One study looked at Iowa and Louisiana. The Iowa min wage would affect white college kids the most and the Louisiana min wage affected black teenage dropouts the most. Which area do you think the min wage hurt the local workforce?
Student loans great put more people in debt for jobs that may or may not be there in the future. Many college students can not find a job in their field why would you want to put more people to compete for those jobs? If all these businesses open up how are they all gonna succeed with so much competition?
I was telling the poster that if he wants to go to law school, he should go and get student loans for it. A law student will pretty much always find a job in his field. Student loan for a liberal arts degree? No. I'm tired of that particular poster whining about his lot in life when he does literally nothing to change it.
Do you ALL lack initiative? Apparently so. Because you've chosen to stay in jobs that pay very little instead of going outside the workplace to find better jobs.
The path to better wages is education, skill, hard work, and not staying at jobs that pay little.
Oh, and not making excuses when you choose to stay at a low wage.
But all of my peers have demonstrated that hard work does not get you ahead. And I can't afford education; schools demand cash up front.
So even now if there is a slight increase in minimum wage, businesses will not close. Greed spreads such rumour mongering that communism will come and soviet tanks will line everyone into Gulags once poverty/slave wages are increased. The answer to whole discussion is greed. Pople at top want to have millions of people into abject poverty-thats why they brainwash public that disaster will happen once slave wages are improved. Last time minimum wage was increased in 2007, I dont think that all Fast Food /small businesses collpased and this time also nothing will happen.
There is a limit as to what you can raise things to. You cannot raise the min wage to $9 in a bad economy. You also cannot demand that unskilled and uneducated folks who are already not necessarily worth their wages make more and more and more money. Maybe raising it from $5.25 to $7.25 wasn't enough to push us to that level where massive layoffs and closings would happen. Maybe pushing it to $9 is. I'm not an economist but you can't keep raising the min wage repeatedly and expect no economic consequences. Let me just say that to raise the min wage in a fast food place to the point where entry level workers make just a tad less than managers WILL force the owners to raise prices and possibly could put them out of business. If a new hire makes only $1 less than a manager just b/c the federal gov't says so...that's ridiculous.
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this mentality that we can put millions under poverty so that one guy can buy an extra yacht or island is precisely what has brought US economy into doldrums.
And THIS ^^ is precisely the definition of hyperbole.
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