Raising the minimum wage again? Fucking brilliant!

Discussion in 'Economy' started by Mini 14, Dec 29, 2010.

  1. Mini 14
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    Mini 14 Senior Member

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    And let's just print up more money to pay it!

    State Minimum Wage Increases Could Boost Stalled Federal Push - FoxNews.com

    ANY minimum wage is the worst thing you can do to an economy. It ultimately ends up beating down the very ones it is intended to lift.

    Economic ignorance at its finest!
     
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  2. Wry Catcher
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    Wry Catcher Platinum Member

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    I disagree. What evidence do you have to prove your assertion that it beats down those a minimum wage law intends to assist?
     
  3. Care4all
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    Care4all Warrior Princess Supporting Member

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    prove it, please! (what i put in bold highlight) from my understanding and research, there is NO PROOF that raising the minimum wage hurts our economy....

    also, mini14, are you implying that you do not believe in state rights or the right of the people over federal? These are States that are doing such, NOT the federal minimum wage.
     
  4. Mini 14
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    Mini 14 Senior Member

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    I'm all-in on States rights. That isn't the issue. Doesn't matter if its a State or the Fed who is doing it. Its still suicide.
     
  5. Big Black Dog
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    Big Black Dog Gold Member Supporting Member

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    I don't believe in a required minimum wage law. If you don't like what they employer want to pay you, don't work for him.
     
  6. Care4all
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    Care4all Warrior Princess Supporting Member

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    from your article
     
  7. Wry Catcher
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    Wry Catcher Platinum Member

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    Are you really not very bright BBD? Have you no ability to think past ideology and see the consequences of what you propose?
    Have you no background in history? A book on the history of labor in America might give you some perspective on what happens when the working people are pitted against each other, wages are supressed and any hope to better oneself is quashed by a nations powerful elites.
    The right fears a radicalized left, and everything they do seems geared to create the political climate to create what they so fear.
     
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  8. Bern80
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    Bern80 Gold Member

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    I guess we could ask you the very same questions. Have you never taken a basic economics class? What do you people always complain about the first thing being cut when a businesses expenses are increased?
     
  9. Care4all
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    Care4all Warrior Princess Supporting Member

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    Please DON'T be so simple Bern.

    There is NO PROOF that raising the minimum wage modestly, hurts the economy overall....in fact it has not ever kept the economy from continuing it's growth over the decades.....so just because you THINK it would hurt our economy does not mean it does....though it logically and at a glance, seems like it would.

    I believe a state recently....within the last 5 years, raised it's minimum wage and their economy IMPROVED....according to the study on it.
     
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  10. Bern80
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    Bern80 Gold Member

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    I'm not contending it keeps the economy from growing. I'm contending it creates unemployment. Most economists accept that as a fundamental truth where the concept of a minimum wage is concerned. THAT is what the OP is referring to when he says minimum wage laws hurt the very people they are trying to help.
     
    Last edited: Dec 29, 2010

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