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According to liberals, increasing minimum wage does not increase prices or unemployment. In fact, they say it will boost the economy when they go spend all those new handouts. No downsides at all; everyone wins.
So why not just make it $1,000,000 per hour? We can all be super rich and the economy will just be exploding with new wealth. We won't even need welfare or Obamacare because we'll all just be so rich.
That's how it will work, right liberals?
No, but maybe it's time to implement the "this thread is too stupid to not take down" rule
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I came up with seven minute abs, and I thought I had a great idea. Turns out someone had already figured out six minute abs. I lost a lot of investment money on that idea.
If you don't support a $1,000,000 minimum wage you are a hateful, rich, bigot, and racist (or whatever other idiotic name that liberals use to smear conservatives).
The real question is raising the minimum wage to around $10 per hour yet it suddenly jumps to $!5 an hour or more when conservatives talk about it. Oh by the way many conservatives have government benefits that far exceed $10 an hour with cost of living adjustments.
According to liberals, increasing minimum wage does not increase prices or unemployment. In fact, they say it will boost the economy when they go spend all those new handouts. No downsides at all; everyone wins.
So why not just make it $1,000,000 per hour? We can all be super rich and the economy will just be exploding with new wealth. We won't even need welfare or Obamacare because we'll all just be so rich.
That's how it will work, right liberals?
No, that's not how it works. To simplify, people should make a minimum wage that is sufficient to provide food and shelter for their families. $1m/hr would have deletrious effects on the economy that a $10-20/hr wage would not, such as dramatic inflation, in addition to being dramatically higher than necessary to accomplish the aforementioned goals of minimum wage.
I think even 17-year-old progressives understand that at $1 million per hour, employers would need to start cutting some jobs. The fact is, if employers need to let a few people go who have the least marketable job skills (teenagers, elderly people...), these liberals don't care, as long as they get their $15 an hour.
It's the "I've got mine!" mentality at work. What they don't realize is, they'll probably be one of those people who are cut and then have nothing.
Yet another tired retread post of why not make it $20 or $100 or $1,000/hour. Congratulations on the double dog dare and jumping the shark by going straight to $1,000,000 per hour. Can anyone top that?
Sure, just implement the Star Trek economy where money doesn't exist and according to the Captain "The acquisition of wealth is no longer the driving force in our lives. We work to better ourselves and the rest of humanity.”
Because we all know that everyone will work to better themselves and humanity if they don't have to work for a living, right? There are no greedy, selfish, self absorbed people in the world (or the US) that would take advantage of any system put in place where they got something for nothing.
The idea that people will work harder for a "living wage" when they don't really have the skills for it, or that some kind of guaranteed income as others have proposed will make people happier is no less fiction than Star Trek.
Obviously the only thing that will trump that is a gazillion dollars an hour.
I say a googolplex dollars per hour. Since a googolplex is the largest number there is, I win the bidding war!
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