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If it helps so much Tom, why stop at $10/hr? Why not mandate $30 or $50 an hour?
1 posted on 07/08/2012 6:30:25 PM PDT by 2ndDivisionVet
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To: 2ndDivisionVet
To those that say raising the minimum wage would actually increase unemployment, Harkin says there's simply no proof of that. He says they've found that when minimum wages were increased, employment actually went up.

I'd sure like to see his sources. I worked for two researchers on minimum wage laws as a grad student and every study shows that unemployment rises for the very group it's supposed to help: the young, inexperienced, often minority, worker. All this idiot has to do is look back to the most recent increase and see what happened to unemployment rates. This guy is an economic dolt.

2 posted on 07/08/2012 6:38:23 PM PDT by econjack
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To: 2ndDivisionVet

The minimum wage is the threat.. whether less or more of it..
Its none of the federal givernments business what you make..
None of their business..

The federal givernment interfering with the States is the problem..
In a minimum wage or a hundred other things.. maybe thousands of other things..

The federal giverment is the problem.. a cancer.. a political disease.. a Parasite..
Must be hacked off whether surgically or with a meat ax.. it must be done..


3 posted on 07/08/2012 6:41:05 PM PDT by hosepipe (This propaganda has been edited to include some fully orbed hyperbole..)
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To: 2ndDivisionVet
Make it $100 an hour and everybody's Rich.
4 posted on 07/08/2012 6:42:51 PM PDT by Kickass Conservative (Godfathercare, either your Freedom or your Money will be on that Insurance Policy.)
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To: 2ndDivisionVet
Most Union Contracts are indexed
to the minimum wage.


5 posted on 07/08/2012 6:43:31 PM PDT by Uri’el-2012 (Psalm 119:174 I long for Your salvation, YHvH, Your law is my delight.)
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To: 2ndDivisionVet
Yes, raising the minimum wage could make a difference for many Americans. Instead of earning the current minimum wage, they would be unemployed.

My first hourly job as an undergraduate was at a fast-food place where the owner only hired males over 18, because they did not have to be paid the minimum wage. Females and males under 18 had to be paid the minimum wage, so they were not hired.

6 posted on 07/08/2012 6:48:06 PM PDT by Verginius Rufus
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To: 2ndDivisionVet

We don’t have a “gold standard” for the dollar, we have a “mundane labor” standard.
Reduce the time it takes to earn a dollar by doing menial work, and you reduce the value of that dollar.
The value of a dollar is in the work traded for it, not in the number declared by fiat. A gallon of gas is worth about a half hour of clerking selling that gas, regardless of whether the sweeper is given $1/hr by free market forces or $100/hr by law, as the list price will adjust accordingly.


7 posted on 07/08/2012 6:48:55 PM PDT by ctdonath2 ($1 meals: http://abuckaplate.blogspot.com)
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To: 2ndDivisionVet
He says they've found that when minimum wages were increased, employment actually went up.

Harkin is quite right.

Employment does rise, but, overseas, in places where our jobs and factories are sent to, because, labor there is a lot cheaper than in the U.S., especially after minimum wage increases are passed.
8 posted on 07/08/2012 6:52:48 PM PDT by adorno
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To: 2ndDivisionVet
-——Harkin estimates that his minimum wage increase would mean about $25 billion more for GDP, 100,000 more jobs and 28 million Americans would get a raise.-——

Man, I need to start doing whatever drugs Hakin is taking....cause he's living in one bodacious fantasy land

9 posted on 07/08/2012 7:09:06 PM PDT by Popman (When you elect a clown: expect a circus...)
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To: 2ndDivisionVet

I wonder if Ms. Lewis ever had the insight to think that life would not be so tough on her if she didn’t have four children to care more. Say, one.

And by the way, where is (are) the daddy(ies)?


10 posted on 07/08/2012 7:18:05 PM PDT by OldPossum ( "it's" is the contraction of either "it is" or "it has"; "its" is the possessive pronoun)
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To: 2ndDivisionVet

Harm.


11 posted on 07/08/2012 7:20:23 PM PDT by <1/1,000,000th%
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To: 2ndDivisionVet

Since Harkin actually lives in the Bahamas when he’s not stealing money in DC, he doesn’t have to worry about minimum wage for HIS help!


12 posted on 07/08/2012 7:28:46 PM PDT by jjotto ("Ya could look it up!")
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To: 2ndDivisionVet
The one who makes the most is the GOVERMENT.

They do not index the income tax so the person who when minimum wage was $2.10 (about $4500 a year) per hour paid nothing now with minimum wage above $7.00 (about $15,000 a year)pay quite a bit about 10%

Even if it is raised in about a year the higher salary etc caused the prices to raise so the raise is gone in fact what they loose is the extra they paid out in taxes.

13 posted on 07/08/2012 7:37:20 PM PDT by mouser (Run the rats out its the only chance we have)
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To: 2ndDivisionVet
Economics 101. It's not difficult.

Place a floor on prices (wages) and

1. Businesses can afford fewer employees (layoffs)
2. People willing to work for less than the floor go unemployed (increased uneployment)

This is a great start to understanding.

15 posted on 07/08/2012 7:41:50 PM PDT by MV=PY (The Magic Question: Who's paying for it?)
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To: 2ndDivisionVet
and you can bet the unions will demand an increase of what ever the minimum gets raised...
17 posted on 07/08/2012 7:59:52 PM PDT by Chode (American Hedonist - *DTOM* -ww- NO Pity for the LAZY)
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To: 2ndDivisionVet
Libs do not care a fig about those who make minimum wage.

The only reason they wish to raise it is because it then puts the worker in a higher bracket, so the govt gets more money out of the private sector, from the employers, through higher SS and US income tax withholding.

They pulled a similar game in SF earlier this year, by automatically including the 20% tip into the server's pay at restaurants. not for the worker, but to increase monies coming into the city's treasury.

It is a scam, always has been.

19 posted on 07/08/2012 9:53:20 PM PDT by going hot (Happiness is a momma deuce)
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