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View Poll Results: Would raising the minimum wage to $15/hr create jobs and revive the economy?
YES. I am all for it seeing how it would benefit everybody 24 20.69%
NO. I am against it because (please elaborate) 83 71.55%
I don't know / don't care 9 7.76%
Voters: 116. You may not vote on this poll

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Old 02-19-2014, 05:36 PM
 
Location: No Mask For Me This Time, Either
5,685 posts, read 5,131,808 times
Reputation: 6121

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Quote:
Originally Posted by risotto11 View Post
Now raising the minimum wage gives additional incentive to all those unemployed and makes it economically sound to hire a babysitter and go to work.
Why do minimum wage workers need baby sitters? Why are they squeezing out babies they can't support? Deal with it. It's called consequences.

 
Old 02-19-2014, 05:41 PM
 
69,368 posts, read 64,442,749 times
Reputation: 9383
Quote:
Originally Posted by southward bound View Post
I haven't read all the posts, so please skip over this if it's already been said.

Just this week the CBO reported that raising the minimum wage would pull 100K people out of poverty.
Then, heard later (perhaps from the same CBO report), it was reported that the CBO says that raising the minimum wage would put half a million to one million people out of work or into part time jobs.

The end result would be more people going into poverty than coming out. And Obama thinks this is a good thing?

Go figure.
Even down more in the report the totals look like this

Raising minimum wage to $9 an hour you get 100K people out of work while it raises 300K out of poverty, a 33% ratio.

Raising minimum wage to $10.10 an hour you get 300K people out of work while it raises 500K out of poverty, a 60% ratio

So what this means is the higher the minimum wage, the less people that gets helped.

One can argue, but look we just lifted 500K out of poverty, but what the report ignores is that the definition of poverty will increase, and thus the 500K you lifted out of poverty, really isnt any better off.
 
Old 02-19-2014, 05:42 PM
 
69,368 posts, read 64,442,749 times
Reputation: 9383
Quote:
Originally Posted by Workin_Hard View Post
Why do minimum wage workers need baby sitters? Why are they squeezing out babies they can't support? Deal with it. It's called consequences.
Right now the government is paying for the babysitters anyways..
 
Old 02-19-2014, 05:45 PM
 
3,147 posts, read 3,524,307 times
Reputation: 1873
Quote:
Originally Posted by pghquest View Post
Right now the government is paying for the babysitters anyways..
So true! It can only be called a babysitter service since we graduate illiterate students, and just like minimum wage, the government can only achieve the program by threatening violence on those who don't want to pay.
 
Old 02-19-2014, 05:49 PM
 
20,184 posts, read 23,985,526 times
Reputation: 9284
Maybe it's me but nobody says HOW it raises people out of poverty... How much do people in poverty make? Minimum wage... So raising it does nothing, stores would have to raise prices, milk already costs $3.50... Do these people get off food stamps? Do they get off of section 8 housing? What happens to those who are already making that wage? Do they now qualify for food stamps and section 8 housing? That's making it better?
 
Old 02-19-2014, 05:57 PM
 
69,368 posts, read 64,442,749 times
Reputation: 9383
Quote:
Originally Posted by evilnewbie View Post
Maybe it's me but nobody says HOW it raises people out of poverty... How much do people in poverty make? Minimum wage... So raising it does nothing, stores would have to raise prices, milk already costs $3.50... Do these people get off food stamps? Do they get off of section 8 housing? What happens to those who are already making that wage? Do they now qualify for food stamps and section 8 housing? That's making it better?
I was watching tv and they had Beckel on who was complaining that the CBO doesnt know what they were talking about when they said that 500K would lose their jobs.. His evidence, was the very same CBO report which said that people would be lifted out of poverty..

I almost died laughing..
 
Old 02-19-2014, 06:00 PM
 
9,470 posts, read 7,009,413 times
Reputation: 2178
Quote:
Originally Posted by risotto11 View Post
Federal minimum wage pegged at embarrassing $7.25 / hr actually prohibits people from finding gainful employment. How? First of all for many unemployed the prospect of making a minimum wage doesn't offset the cost of commute, lunches and hiring a baby sitter. It's simply does t make any sense to engage in any economic activity if the net gain is marginal. It's makes more sense economically to collect welfare and food stamps than to work for a minimum wage.
Now raising the minimum wage gives additional incentive to all those unemployed and makes it economically sound to hire a babysitter and go to work. Raising the minimum wage also removes many people from good stamp and other social services programs as they would no longer qualify.
Some critics say that raising the minimum wage would eliminate jobs but in the same time somebody HAS to do those simple, often manual jobs that earn the minimum wage. Somebody has to man cash registers and cut lawns no matter how high the minimum wage would go. People making more money would have higher disposable incomes effectively stimulating the economy through spending, thus creating more jobs.
What do you think? Please elaborate
This is the most stupid commentary ever.

Absolutely NOTHING about this is correct, reasoned, or logical.
 
Old 02-19-2014, 06:02 PM
 
9,470 posts, read 7,009,413 times
Reputation: 2178
Quote:
Originally Posted by pghquest View Post
Even down more in the report the totals look like this

Raising minimum wage to $9 an hour you get 100K people out of work while it raises 300K out of poverty, a 33% ratio.
]

False.

Quote:
Raising minimum wage to $10.10 an hour you get 300K people out of work while it raises 500K out of poverty, a 60% ratio
False.

Quote:
So what this means is the higher the minimum wage, the less people that gets helped.
True.

Quote:
One can argue, but look we just lifted 500K out of poverty, but what the report ignores is that the definition of poverty will increase, and thus the 500K you lifted out of poverty, really isnt any better off.
It will shortly result in a rise in the COL, which will negate ALL economic gains, and there will still be more unemployed than before.
 
Old 02-19-2014, 06:16 PM
 
69,368 posts, read 64,442,749 times
Reputation: 9383
Quote:
Originally Posted by pnwmdk View Post
False.
Not according to the CBO report
http://www.usatoday.com/story/news/p...-jobs/5582779/

The report concluded that a $9 increase would lift 300,000 workers above the poverty line, but cost 100,000 new jobs as employers are expected to reduce workforces to make up for higher wages
Quote:
Originally Posted by pnwmdk View Post
False.
I stand corrected, I was going by memory on the figures, the ratio is pretty much teh same

A $10.10 increase would lift 900,000 workers above the poverty line, but cost 500,000 jobs.
Quote:
Originally Posted by pnwmdk View Post
True.

It will shortly result in a rise in the COL, which will negate ALL economic gains, and there will still be more unemployed than before.
Then why did you just tell me it was false?
 
Old 02-19-2014, 06:56 PM
 
29,407 posts, read 22,119,092 times
Reputation: 5456
Quote:
Originally Posted by swagger View Post
Why would a 17 year old that's still living at home need or apply for food stamps?

Only THREE PERCENT of minimum wage workers are over 24 years old. That's it - 3%.

You're willing to put thousands of businesses out of business and push inflation through the roof over a false, manufactured crisis.
Well you hit the nail on the head here...........but with our government today they don't care about really helping folks............they only care about making it SEEM they are helping folks. It's all a joke........hell the ones hardest hit will be high school kids just looking to make a buck to pay for gas or a date or what have you and old folks who are still having to work to suplement their retirement if they have any. They will all be fired or not hired to begin with because a small business just can't afford it. But...........the media loves it............it makes the great Obama look like he cares and it's just funny how this is coming down right before the midterms. Just like the fake war on women or his flip flop on DOMO before prior ones. Biggest charlatan ever. True to communists though when you control the media you can do as you please and the useful idiots just nod their heads.
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