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Old 03-15-2014, 06:59 AM
 
Location: Austin
29,138 posts, read 15,783,015 times
Reputation: 7795

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Quote:
Originally Posted by Iamme73 View Post

Raising the minimum wage doesn't lower the number of workers.
Yes, it does, according to the government.

"Once fully implemented in the second half of 2016, the $10.10 option would reduce total employment by about 500,000 workers, or 0.3 percent, CBO projects "

The Effects of a Minimum-Wage Increase on Employment and Family Income - CBO
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Old 03-15-2014, 07:01 AM
 
Location: Austin
29,138 posts, read 15,783,015 times
Reputation: 7795
Quote:
Originally Posted by Andy View Post
False. Fools like you are going to make fast food robot manufacturers rich.

Artificially inflating the cost of labor DOES have consequences and the poor suffer the most from those.
Many government programs hurt poor and working people. Many transfer wealth from working people to rich people. A good example is solar panel subsidies.
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Old 03-15-2014, 07:03 AM
 
Location: Austin
29,138 posts, read 15,783,015 times
Reputation: 7795
Quote:
Originally Posted by Iamme73 View Post
This is not what the data shows. There simply doesn't exist ANY proof that raising the minimum lowers employment. I shouldn't have written any proof. I mean the preponderance of the evidence suggests no impact or a very small impact.

Again objective look at the information that exists..
OK, let's look.

The Effects of a Minimum-Wage Increase on Employment and Family Income - CBO
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Old 03-15-2014, 08:45 AM
 
Location: New York, NY
746 posts, read 1,255,322 times
Reputation: 419
Quote:
riginally Posted by Iamme73

Raising the minimum wage doesn't lower the number of workers.
I agree with that... but let me add a clarification....

Raising the minimum wage WILL lower the number of EMPLOYED workers.
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Old 03-15-2014, 08:46 AM
 
21,744 posts, read 10,925,071 times
Reputation: 8899
A made up problem for liberals to work on.
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Old 03-15-2014, 08:50 AM
 
Location: Great State of Texas
86,093 posts, read 70,581,132 times
Reputation: 27540
Quote:
Originally Posted by kemcnyc View Post
I agree with that... but let me add a clarification....

Raising the minimum wage WILL lower the number of EMPLOYED workers.
Not only that but then giving exempt employees overtime pay as well.

This won't only affect business though as there are public sector workers who will also qualify...like teachers.
Watch your taxes go up as well.
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Old 03-16-2014, 12:13 PM
 
279 posts, read 149,272 times
Reputation: 46
Quote:
Originally Posted by kemcnyc View Post
I agree with that... but let me add a clarification....

Raising the minimum wage WILL lower the number of EMPLOYED workers.
No it won't. CBO is wrong.
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