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If raising the minimum wage has no negative impact on the economy and does in fact help us compete with lower wage countries why don't we raise the minimum wage to $25/hr?
If raising the minimum wage won't provide more incentive for companies to automate and outsource jobs why don't we raise the min wage to $25/hr?
If raising the minimum wage will make labor more affordable why don't we raise the min wage to $25/hr.
If raising the min wage will result in more people working, less people in poverty, and stimulate our economy why don''t we raise the min. wage to $25/hr?
The fact that you need to go the extreme of an argument means you've already lost the argument.
The fact that you need to go the extreme of an argument means you've already lost the argument.
There is nothing extreme about it. The min wage where I work is $20/hr, but that is set by the market conditions not law. If min wage is a good idea then it should be a wage that people can live on and if it is a bad idea then we should re-examine the idea.
The fact that you need to go the extreme of an argument means you've already lost the argument.
So you don't think a higher minimum wage can decrease positions within companies and increase inflation. I think that is his point...that half of the Democratic talking points on this matter are based in never never land.
Maybe we should increase it, but there are certainly drawbacks to increasing it, even if Obama pretends that there isn't.
There is nothing extreme about it. The min wage where I work is $20/hr, but that is set by the market conditions not law. If min wage is a good idea then it should be a wage that people can live on and if it is a bad idea then we should re-examine the idea.
But you've also had the benefit of gradually reaching that point. To say the US should jump from $8 to $25 is absurd & extreme unless you're talking a long, long-term plan. We need an immediate jump to a higher min wage, and then modestly-aggressive increases to a level that promotes the most demand.
And then you create the false dichotomy of either low wages or absurd wages, like there's not a middle ground. All in all, your question is in bad faith.
Quote:
Originally Posted by michiganmoon
So you don't think a higher minimum wage can decrease positions within companies and increase inflation. I think that is his point...that half of the Democratic talking points on this matter are based in never never land.
Maybe we should increase it, but there are certainly drawbacks to increasing it, even if Obama pretends that there isn't.
The drawbacks are short-term and overshadowed by the short-term and long-term benefits. Conservatives ALWAYS talk about economics, yet ALWAYS ignore the demand side of that discussion. If every major 1000-employee company was forced to pay at least $12/13-hr, every mom & pop shop below would benefit from the increased demand and could also afford to pay that level. In addition, all that extra demand would generate massive #s of jobs.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
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With a $25 minimum wage no one would buy McDonalds or any other fast food with $14 burgers and $9 fries, so they would all go out of business. EVERYTHING else would also go up proportionally so people would not be able to buy anything other than essentials. How would that help the economy?
Minimum wage is not meant for people to buy a car and a house, it's for people who are unskilled or in school and unable to get a better paying job. People making that little need to live with family or have roommates.
People have no concept of economics. They think the money just appears out of thin air.
These people tend to be liberals.
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