[stocksthatgoup]

It would make sense to set a floor (price support ) for US oil. Supporting US producers instead of letting Saudi Arabia and others from shutting down small oil companies from Price Dumping.

[nascarnation]

15 dollar min wage will necessarily reduce employment, put more people on govt assistance, and produce more Democrat votes. It’s very easy to see the plan.

[Tilted Irish Kilt]

$15.oo per hour assures automation as a replacement
It also eliminates an employee from proving their ability to perform menial tasks , to prove that they are capable for more higher skill tasks.
Inevitably , it will lead to increased expense to business owners and managers,.. and inflation ,
with a decrease in services.

[I want the USA back]

The government does not have the right to set a minimum hourly rate.

[jonrick46]

For anyone not aware of the results of $15 minimum wage (another example of failed wage and price controls), check out what’s happening in Seattle:

http://www.aei.org/publication/the-new-restaurant-math-of-seattles-15-an-hour-minimum-wage-is-starting-to-break-the-system/

and, if you are not into math:

http://nypost.com/2016/03/12/how-the-15-wage-is-already-killing-seattle-jobs/

For a look at Nixon’s wage and price controls, look at the Cato Institutes’ analysis of it—we were warned before:

http://www.cato.org/publications/commentary/remembering-nixons-wage-price-controls

[alternatives?]

I would rather have government provide a subsidy of a few dollars per hour of working than handing out benefits to those who won’t work.