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I don't understand why you think we should we be at 60-70% now. We're not at 60-70% unemployment because companies/firms raise prices in response to higher costs of doing business. I can assure you that prices have increased 60-70% since the 50s.
I'm not talking about rampant unemployment or depression here, I'm just saying that raising it, I suppose in the case of Washington, would result in maybe 2,000 to 3000 existing jobs being eliminated plus jobs that will never be created because of the increased cost.
And how many jobs will Washington create seeing it is a growing economy?
You can tell which customers pay for their own groceries and which are on food stamps. The people paying for their own groceries actually look at the prices before putting the item into their cart.
That's not always true. I've been on foodstamps at times and I'm just as smart a shopper as Swingblade. Many people who get foodstamps work
And how many jobs will Washington create seeing it is a growing economy?
It will be slightly less. So when businesses hire, they want employees whose added value will exceed their cost. What this means for a state of 6-7 million in an intermediate term is a few thousand IMO. The largest impact will be felt by those making close to that wage. In the grand scheme, it's negligible, but a few low income folks will be negatively impacted.
It will be slightly less. So when businesses hire, they want employees whose added value will exceed their cost. What this means for a state of 6-7 million in an intermediate term is a few thousand IMO. The largest impact will be felt by those making close to that wage. In the grand scheme, it's negligible, but a few low income folks will be negatively impacted.
So Washington's job growth is going to be less than 2000? Well then I can't wait to see what their January job numbers looks like if you are forecasting a job loss of 3000 and a job gain of 1500 or so.
Not to mention an increase in MW would make jobs even harder to get then they already are now. Employers will hire less people, and so they'll only hire people that are even more skilled, cutting those with no special skills out of the job market completely.
Ironic isn't it? That the type of people these policies are meant to help the most, are actually the people that they end up either hurting the most or not making any difference whatsoever.
I am still waiting to see a graph that ties unemployment to minimum wage increases. Based on the amount of minimum wage increases we have had since the 50s we should be at about 60-70% unemployment now.
Right, because the minimum wage is the ONLY thing that affects unemployment.
I think you're getting lazy again. Happened in another minimum wage thread a week or so ago. You just gave up, or something, and started resorting to one sentence bomb throwing. Seems like the same thing might be happening here.
Right, because the minimum wage is the ONLY thing that affects unemployment.
I think you're getting lazy again. Happened in another minimum wage thread a week or so ago. You just gave up, or something, and started resorting to one sentence bomb throwing. Seems like the same thing might be happening here.
Based on the responses right wingers have when one mentions raising the minimum wage you would think it was directly tied to unemployment and inflation.
Based on the responses right wingers have when one mentions raising the minimum wage you would think it was directly tied to unemployment and inflation.
I see you haven't learned anything from hundreds of posts and multiple threads.
Well, what happened the last time the minimum wage was raised (in 2009)? And the time before that? Did it result in an inflationary spiral, as you seem to be suggesting?
Not who you were talking to. However, that was a 70 cent increase not a $2.75 increase.
If we take it to an extreme, you would admit that if we raised minimum wage by 1 cent...nothing would be perceived to be effected...if we raised minimum wage by $50, there would be a massive effect in inflation.
For the record, I wouldn't be opposed to a modest increase in minimum wage.
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