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Old 02-14-2013, 03:24 PM
 
Location: Chicago, IL
9,701 posts, read 5,112,677 times
Reputation: 4270

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Quote:
Originally Posted by HappyTexan View Post
And what happens to those workers that worked their way up from min wage ?
"Tough luck" to them ?

You're defending people who can't move above min wage and ignoring those that did and throwing them to the wayside like what they did doesn't matter.

The more you give the "poor victims" of society the bigger that pool will get and the more they will "need".
And many of you don't even see that.
Wouldn't those workers reap the benefit of the rising tide [lifting all boats]? They're not losing anything by min wage rising b/c whatever job they worked out of would also raise wages to stay above min wage.
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Old 02-14-2013, 03:26 PM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
Reputation: 27720
Quote:
Originally Posted by EddieB.Good View Post
Wouldn't those workers reap the benefit of the rising tide [lifting all boats]? They're not losing anything by min wage rising b/c whatever job they worked out of would also raise wages to stay above min wage.
You worked 2 or 3 years to get to $9/hour.
They change min wage to $9/hour.
The "new guy" now makes what it took you 3 years to get.

How do you feel now ?

This "lift all boats" is a farce and doesn't exist except in the minds of dreamers.
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Old 02-14-2013, 03:26 PM
 
Location: San Diego, CA
10,581 posts, read 9,783,616 times
Reputation: 4174
Quote:
Originally Posted by EddieB.Good View Post
Wouldn't those workers reap the benefit of the rising tide [lifting all boats]? They're not losing anything by min wage rising b/c whatever job they worked out of would also raise wages to stay above min wage.
You've pointed out an important fact.

When minimum wage rises by government fiat, most of the wages above it, rise too.

In fact, most unions have their entire wage scales pinned to the minimum wage. This is why Democrats push so hard, so rpeatedly, to increase the minimum wage - it lets them directly buy the votes of union workers and bosses.

A minimum-wage increase is a good example of instant, nationwide govt-created inflation.
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Old 02-14-2013, 03:27 PM
 
3,910 posts, read 9,471,842 times
Reputation: 1959
Quote:
Originally Posted by EddieB.Good View Post
Wouldn't those workers reap the benefit of the rising tide [lifting all boats]? They're not losing anything by min wage rising b/c whatever job they worked out of would also raise wages to stay above min wage.
You are right. There is no way anyone would lose in that scenario. The guy making slightly above minimum wage isn't going to lose pay. This is totally absurd. Another mythical excuse on why not to raise the minimum wage.

I have an idea. Why not just pay people zero? Isn't that what these people want?
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Old 02-14-2013, 03:29 PM
 
3,910 posts, read 9,471,842 times
Reputation: 1959
Quote:
Originally Posted by HappyTexan View Post
You worked 2 or 3 years to get to $9/hour.
They change min wage to $9/hour.
The "new guy" now makes what it took you 3 years to get.

How do you feel now ?

This "lift all boats" is a farce and doesn't exist except in the minds of dreamers.
What you are missing is that the guy who worked 3 years to make $9 per hour will see his wage also increase because the bar has been raised. What is so hard to understand about this?

The minimum wage is artificially low to begin with because it has been suppressed for decades.
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Old 02-14-2013, 03:29 PM
 
Location: Great State of Texas
86,052 posts, read 84,481,831 times
Reputation: 27720
Quote:
Originally Posted by Nolefan34 View Post
You are right. There is no way anyone would lose in that scenario. The guy making slightly above minimum wage isn't going to lose pay. This is totally absurd. Another mythical excuse on why not to raise the minimum wage.

I have an idea. Why not just pay people zero? Isn't that what these people want?
So you think that everyone across the board will get automatic raises because they raised min wage ?
Really ?

I'm not against raising min wage. Heck I posted that Congress should take the highest COL city and use that as a gauge and come out with $25/hour min wage for everyone.

Then let your "lift all boats" come into play. Go for it. Everyone deserves a "livable wage".
We're on the road to Utopia..right ?

That would make everyone middle class. People would not need to go to college anymore so they wouldn't be in debt. People would get kicked off of food stamps and out of HUD housing because they are now middle class.
Lifeline would end. No more poverty in America.

Isn't that the win/win you are looking for ?
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Old 02-14-2013, 03:31 PM
 
3,910 posts, read 9,471,842 times
Reputation: 1959
Quote:
Originally Posted by Little-Acorn View Post
You've pointed out an important fact.

When minimum wage rises by government fiat, most of the wages above it, rise too.

In fact, most unions have their entire wage scales pinned to the minimum wage. This is why Democrats push so hard, so rpeatedly, to increase the minimum wage - it lets them directly buy the votes of union workers and bosses.

A minimum-wage increase is a good example of instant, nationwide govt-created inflation.
How is rising wages a bad thing? What is your solution then? Just to keep wages low? Wages and inflation are two separate things and are not in direct correlation. Whatever price increases there may be would be offset by higher pay. When lower wage people have more money in their pockets, they spend more, which drives the economy.
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Old 02-14-2013, 03:32 PM
 
Location: Chicago, IL
9,701 posts, read 5,112,677 times
Reputation: 4270
Quote:
Originally Posted by HappyTexan View Post
You worked 2 or 3 years to get to $9/hour.
They change min wage to $9/hour.
The "new guy" now makes what it took you 3 years to get.

How do you feel now ?

This "lift all boats" is a farce and doesn't exist except in the minds of dreamers.
I'd feel fine since I'm probably earning $12-14 if I was at $9 before the min wage hike. Do you get mad at people that didn't take as long to earn less than you?
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Old 02-14-2013, 03:33 PM
 
3,910 posts, read 9,471,842 times
Reputation: 1959
Quote:
Originally Posted by HappyTexan View Post
So you think that everyone across the board will get automatic raises because they raised min wage ?
Really ?
Not automatic. It is basic supply and demand. Over time, yes everyone's wages would increase. If millions of people making $9 per hour now are spending an extra $2.50 into the economy, that will drive demand which will boost the general economy which usually means higher wages for everyone. Get it?
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Old 02-14-2013, 03:33 PM
 
Location: Chicago, IL
9,701 posts, read 5,112,677 times
Reputation: 4270
Quote:
Originally Posted by Little-Acorn View Post
You've pointed out an important fact.

When minimum wage rises by government fiat, most of the wages above it, rise too.

In fact, most unions have their entire wage scales pinned to the minimum wage. This is why Democrats push so hard, so rpeatedly, to increase the minimum wage - it lets them directly buy the votes of union workers and bosses.

A minimum-wage increase is a good example of instant, nationwide govt-created inflation.
Inflation...

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