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What Happens When The US Increases Its Minimum Wage?
https://www.ibtimes.com ^ | By John BIERS 01/30/21 AT 10:39 PM

Posted on 02/01/2021 6:00:06 AM PST by Red Badger

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To: palmer
That's pretty much all myth. There is social mobility and lots of opportunity.

Absolutely. Thomas Sowell reported on a survey in one of his books that people in the bottom income tier have moved out of that income level in a decade. Some had even advanced to the top levels.

81 posted on 02/01/2021 7:55:45 AM PST by SKI NOW
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To: econjack

His place is non union.


82 posted on 02/01/2021 7:56:27 AM PST by Hillarys Gate Cult
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To: Red Badger

$8.50 hamburger
$25.00 car wash
$20.00 hair cut
Hang out of business sign on door.

Welcome to California


83 posted on 02/01/2021 7:57:49 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: central_va

For minimum wage jobs?
Fewer people and more automation.

Where I work we are already making changes to the “less skilled” jobs.

Instead of having 5 people we only have 3, they get between 5 to 10 hours a week of OT, but that is much cheaper than carrying 2 people making between 13/15 dollars an hour plus benefits.

Our new owners are looking at getting a “parts picker” system to work in our finished goods area.
If they go through with it, then that is one less person employed.

It will cascade up and down the line.


84 posted on 02/01/2021 7:58:41 AM PST by TexasM1A
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To: Hillarys Gate Cult

It really doesn’t matter if it’s non-union. Workers still make coercive comparisons with what they see around them.


85 posted on 02/01/2021 8:12:26 AM PST by econjack
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To: central_va

You’re kidding right


86 posted on 02/01/2021 8:14:12 AM PST by databoss
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To: Vaduz

It’s already that.................


87 posted on 02/01/2021 8:17:22 AM PST by Red Badger (TREASON is the REASON for the SLEAZIN'.................................)
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To: palmer
Wages have been artificially kept down for 30 + years.

How exactly does that happen? Lots of people work low wage and then go get a better job.

But not necessarily just getting better jobs. Others can work their way up in the same organization. These type of min. wage jobs are not considered permanent. There's plenty of room for improvement. Simple work experience is necessary: showing up on time, following direction, being attentive, taking initiative, and others. This work experience will be denied many because of min. wage increases. I guess the state needs dependent sheeple.

The main way wages are artificially kept down is through state mandated wage caps.

88 posted on 02/01/2021 8:25:25 AM PST by SKI NOW
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To: OldGoatCPO

Also us old dependable retirees will go back to work and make a killing!


89 posted on 02/01/2021 8:41:40 AM PST by refermech
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To: Red Badger

Tens of thousands on the border now wanting to crash the border so they can work for far less than minimum wage, off the books at that!


90 posted on 02/01/2021 8:45:31 AM PST by Ruy Dias de Bivar (Democrats have declared us to be THE OBSOLETE MAN in the Twilight Zone.)
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To: Ruy Dias de Bivar

Deja Vu all over again! - Yogi Berra..................


91 posted on 02/01/2021 8:48:26 AM PST by Red Badger (TREASON is the REASON for the SLEAZIN'.................................)
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To: Red Badger

And not going to get any better.


92 posted on 02/01/2021 8:50:12 AM PST by Vaduz (women and children to be impacIQ of chimpsted the most.)
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To: OldGoatCPO

It’s not 1960 anymore....


93 posted on 02/01/2021 9:08:26 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: Red Badger
The minimum wage was intended to provide for a family of four with one parent working. Does this wage do that? In recent years, the Dems make a big deal of raising the minimum wage after it has already de facto increased for most every worker, and the new wage will affect few workers. Libertarians hate it. I have a different view. I prefer a constitutional amendment limiting the salary of Congress, judges, and POTUS to a fixed multiple of the federal minimum wage. I think most people would support that, but I won't hold my breath waiting for it to happen.
94 posted on 02/01/2021 9:09:06 AM PST by Dr. Franklin ("A republic, if you can keep it.")
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To: databoss

Not kidding, do your own research. It is amazing how many economic myths are easily debunked with the slightest research.


95 posted on 02/01/2021 9:49:53 AM PST by central_va (I won't be reconstructed and I do not give a damn...)
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To: cableguymn

My wife is a teacher.

It is not in their contract. But I actually supply .gov people, and can ask next time I see them.


96 posted on 02/01/2021 10:01:34 AM PST by redgolum (If this culture today is civilization, I will be the barbarian )
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To: pepsionice

Fast food places are already automating. Self serve ordering kiosks and automated burger and pizza making will happen. I see no reason why McDonald’s shouldn’t be fully automated by 2024


97 posted on 02/01/2021 10:23:25 AM PST by Cronos
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To: Lurkina.n.Learnin

I would be astounded if there is ANY Union contract in the USA that DOES NOT have a clause regarding the minimum wage.

Every penny that the MINIMUM wage goes up, the UNION contracts rise exactly the same.


98 posted on 02/01/2021 11:01:47 AM PST by ridesthemiles ( )
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To: central_va

https://www.vox.com/2019/7/8/20686392/federal-15-minimum-wage-raise-the-wage-act


99 posted on 02/01/2021 11:14:06 AM PST by databoss
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To: central_va; mewzilla

My wife is a nurse and has gone through this before. The answer is nobody picks up the slack, and the patients suffer from receiving substandard care.


100 posted on 02/01/2021 11:22:09 AM PST by stremba
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