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Executive pay has absolutely nothing to do with the topic. Do you really think Warren Buffet is going to start giving away his wealth to his employees? Nonsense.. He's going to increase prices to offset the expenses.. And as he increases prices, his profit and capital rate demands increase, thus he becomes even wealthier..
Well done
Wrong, their state is getting worse because the cost of things are increasing and their pay isnt staying in check. So taking steps that increase the cost of living doesnt help them, in fact it makes it even worse because others who are making slightly above minimum wage, will suddenly be at minimum age, and thus they become worse off.
Its like dumbing down society.. Its dumb.
The billionaire Waltons cannot spend enough to support our economy. Either they can pay their employees a livable wage or the government will provide them with assistance which will increase our taxes. If you would rather pay more taxes to support the employees of billionaires, have at it.
Increase minimum wage=more spending=more product and service demand=more jobs to provide services and products.
You get more spending by LESS people, so those who now have more actually have less because the COST OF PRODUCTS increase because they are paying these higher wages.
Those who lost their jobs have even LESS than before, and now need MORE welfare and handouts to compensate for all of the higher costs..
No it just shows you'd blink at an offer that would test the true employment affect of a hike.
That is because you know it would be a jobs killer, too.
Yet raising minimum wage hasn't been a "jobs killer." Minimum wage raises can't even keep up with the rate of inflation, which I have already shown you a chart that proved that one.
You get more spending by LESS people, so those who now have more actually have less because the COST OF PRODUCTS increase because they are paying these higher wages.
Those who lost their jobs have even LESS than before, and now need MORE welfare and handouts to compensate for all of the higher costs..
What part of this is difficult for you?
Because it makes no sense.
Quote:
The Most Rigorous Research Shows Minimum Wage Increases Do Not Reduce Employment
Yet raising minimum wage hasn't been a "jobs killer." Minimum wage raises can't even keep up with the rate of inflation, which I have already shown you a chart that proved that one.
The economy collapsed after the last minimum wage increase, and while you can argue it had more to do with the banking crisis, increased minimum wage delayed any such recovery.
Dont forget, Democrats argued the economy was strong enough to substain any job losses which would take place due to an increase in wages. Clearly they know something you dont.
Less than 6% of Americans work for minimum wage. So how is that a flawed argument?
The lowest paying jobs aren't meant to support a family. How is that a flawed statement?
The flawed argument is the notion that you can increase the lowest pay to some arbitrary number and think it's going to solve the problem. The problem is that there are too many people willing to work entry level jobs, and are content to stay there.
If the minimum wage is raised, there better be a motivation clause.
A minimum wage slug will still be a slug no matter how much they're paid.
And what is the percentage of people that are working $2-5/hr over minimum wage?
It was a generalized statement, I notice so many conservatives when talking about these minimum wage threads all seem to pretend they own a business and that they all pay their employees well above minimum wage, but somehow the minimum wage effects their high paid employees.
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