Every argument for an increase in minimum wage can be defeated by this simple question; if $15 an hour is a good idea, why not increase the minimum wage to $30/hour? If they agree just keep raising it until they say that it is too much. At that point you have won the argument because they will agree that raising the minimum wage negatively influences jobs.
They made it illegal for someone to work if they couldn’t produce more than $11/hr value.
So, people insufficiently productive lost jobs.
Go figure.
The minimum wage is $0, and always will be................
The function of increasing the minimum wage is to (hopefully) spur price inflation, increasing “growth” and monetizing the debt.
That is what it is all about.
When the 3rd party of government tells a business owner that he must pay $1 extra to Sam, this is $1 the owner cannot spend and give to Bill, Mary, Sally, George, Harry, Susie....
When the 3rd party of government tells a business owner that he must increase entry level pay by $1, this is $1 the owner cannot invest in mid-level pay, senior-level pay, raw materials, construction, retirement, health care, infrastructure, advertising, supplies....
On a somewhat related note, I would like to tell you MY story. In May, Obama, through Executive Order, or a Department of Labor regulation, raised the threshold for overtime pay for salaried employees from $23,600 to $47,500. I was due to be promoted in June. I am a wage employee. I was going to be salaried. Get benefits, a car, potentially bonuses. Come Obama’s pronouncement, and my promotion has been put on hold. My company is nationwide, and they have to digest the ramifications of this increase. How much will it cost? How do they track the hours? Am I worth it? (from their perspective? The promotion appears to be a dead issue. I was in line for a 20% raise. Nice.
It doesn't actually have to help anybody, it only has to fool them into voting Democrat.
Yes libards... it’s called market equilibrium. Its what happens in reality versus the perverted, delusional, skittle-crapping unicorn universe created in the polluted minds of you clueless nimrods.
The question is not whether raising the minimum wage helped workers / employers or not.
The only thing that socialist politicans are concerned with is did supporting the raise help them to win election? After getting elected they then stay in office by promising to pocket ..um.. spread the wealth by raising taxes.
Bringing Back Free Market Competitiveness, Opportunity, and Growing Economy
FIRST ON THE LIST: 1. Unconstitutional job/business-killing federal minimum wage.
2. High taxes.
3. Unconstitutional suffocating dead-end regulations.
4. Unconstitutional federal protection of unions.
Trump talks about regulations and taxes, never talks about minimum wage or or union protection. BOTH need to GO.
Supply and demand. It’s the law.
Endless immigration and a 15 buck an hour minimum wage.
A prescription for mass unemployment.
Increasing the minimum wage also increases automation as robots become a more viable option.
Robots do not pay Social Security taxes.
Social Security relies on present taxpayers to pay retirees.
Fewer present Social Security payers means lower payments.
Increasing the minimum wage will decrease Social Security.
Conservative, Free Market Capitalist Solution.
Pay the working poor their entire gross pay including both their and employer share of FICA, Medicare, etc.
At same time eliminate EITC. Make it much more difficult to qualify for SSI, EBT, SNAP, TANF, Medicaid, etc.
A win for the working poor. A win for employers. A win for consumers. A win for the economy.
A disaster for navigators trying to expand dependency.
That $15 an hour “floor” turns into a “ceiling”
Marko
Government will never learn that they cannot help the economy by manipulating it thusly.
It takes a little learning curve to jump into a job and become proficient. With employers finding it too expensive to move new employees through that learning curve, they are depending on people with experience. That does not bode well for our children who we need to get out of the house and become self-sufficient. It does not bode well for the parents who have to support them.
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