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To: Red Badger
The same thing happens that's always happened. The minimum wage is designed to help the inexperienced, often young and minority, worker. When the minimum wage is increased and employers cannot adjust prices to reflect the increase costs, they decrease the amount of inputs they use, including labor. Because they want to keep their most productive employees, the fire the inexperienced, young and often minority, workers.

The next time some stupid person tells you the minimum wage is a good thing, then suggest: "If increases in the minimum wage are a good thing, let's make it a great thing and increase it to $2000/hour!" Even the stupidest liberal might get the message.

9 posted on 02/01/2021 6:10:59 AM PST by econjack
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To: econjack

Fast Food and such used to be the exclusive domain of teenagers. It was when I was a teen in the early 70’s.

Now, all you see in the FF joints is middle aged and elderly workers................


16 posted on 02/01/2021 6:17:27 AM PST by Red Badger (TREASON is the REASON for the SLEAZIN'.................................)
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To: econjack

It’s not just union jobs that are affected by the increase. I have a neighbor who has mostly conservative ideas but still thinks these increases are a good idea. He’s in management where he works. Years ago we were discussing the $15 min wage and he was for it. He claimed that it wouldn’t affect his company as his company’s stating pay was about $16 per hour ( over twice minimum wage ) at the time. He said “my company doesn’t start people at minimum wage.” But he still couldn’t make the connection that an increase to $15 would automatically put their starting employees just next to min wage. That’s the mindset we’re dealing with.


24 posted on 02/01/2021 6:23:35 AM PST by Hillarys Gate Cult
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To: econjack

“The next time some stupid person tells you the minimum wage is a good thing, then suggest: “If increases in the minimum wage are a good thing, let’s make it a great thing and increase it to $2000/hour!” Even the stupidest liberal might get the message.”

Wages hae been kept artifically low over the last 30+ years but price of goods have not.

In 1970 a new car was about a 1/3 of an annual average wage. Now a new cars equals the average annual wage.

People currently above min wage -working for $12-15 hr are not even going paycheck to paychech without food stamps or govt paid utilies, rent assistance etc.


27 posted on 02/01/2021 6:28:16 AM PST by setter
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To: econjack

It’s not just the job attrition. As a result of the higher competition for fewer jobs, employee benefits and employer flexibility go down.

If there’s a line of people waiting to get hired, employers don’t have to extend benefits or privileges to keep workers.


56 posted on 02/01/2021 7:00:36 AM PST by nicollo (I said no!)
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