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I love how liberals want to argue in absolutes, which is ridiculous. We have VERY heavily regulated markets. Where did I, or anyone advocate for unregulated markets? We DON'T need the incompetent government setting wages, nor prices for products which they've done before with disastrous results.
Right!! IMO, mandated MW seems like a (privatized) SUBSIDY. And, how many subsidies have really helped get ‘more of something’ like we thought, without actually being a near disaster?
Student loans/Tuition hikes?
Subsidies don’t only affect elements of the economy that you “wish” them to (we should have learned by now But, not so much, I guess..... )
Seriously? well, you could overstate your income; decline to state some write-offs. Besides that, there is likely a way to make a real donation to the government.
I worked at a well paid job in a low paid industry, and several increases of the minimum wage, resulted in my wages stagnating over a period of years to compensate for those minimum wage increases.
The job stopped being attractive financially and I left, and it didn't attract newcomers -it's now a job where about 70% of the workers are migrant workers from the Pacific islands.
While I think people should receive a livable wage, too high of a minimum wage, can adversely affect those a bit higher up the ladder.
I don't see the negative policy outcome from the fact that you voluntarily left your job and even more so don't see the negative outcome that someone Asian is doing your job (again after you voluntarily left).
Your post is baffling.
Conservative utopia - Bring back sweat shops, corporate towns, pay people $2.00/hr, make the govt subsidize corporate America, healthcare costs $1,000.00 a month, tax code has loopholes in it that all wealthy people abuse, everyone is fooled and thinks trickle down economics actually works - then the wealthy moves all of their money overseas, and nothing trickles down. .
Conservative utopia - Bring back sweat shops, corporate towns, pay people $2.00/hr, make the govt subsidize corporate America, healthcare costs $1,000.00 a month, tax code has loopholes in it that all wealthy people abuse, everyone is fooled and thinks trickle down economics actually works - then the wealthy moves all of their money overseas, and nothing trickles down. .
Again with the absolutes, and again nobody is advocating for any of that. Oh yeah we want dirty air, and dirty water for our kids too.
You raise minimum to $15 per hour and everything gets more expensive. So then it needs to go to $20 because the minimum wage people complain they can't live on $15 per hour. Then Social Security and all public assistance needs to go up to keep up with rising inflation. Then minimum is $25, then $30.
A few years later: hyperinflation - Venezuela of the north.
You raise minimum to $15 per hour and everything gets more expensive. So then it needs to go to $20 because the minimum wage people complain they can't live on $15 per hour. Then Social Security and all public assistance needs to go up to keep up with rising inflation. Then minimum is $25, then $30.
A few years later: hyperinflation - Venezuela of the north.
I don't think you've been paying attention. Everything got more expensive anyway, minimum wage barely went up at all in the past 30 years.
The average price of a house is 3X what it was in 1987, wages have not went up 3X.
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But, not so much, I guess..... )
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