Discussion in 'Politics' started by Hal-9000, Jan 1, 2018.
Healthcare reform and a fifteen dollar an hour minimum wage!
WTF are you babbling about?
Yes, and if the MW increase is small and done slowly enough, we won't see too much disruption. That's not what so many want, however. They want to double it quickly, which would disrupt over half the workforce. Too much too fast.
Do it slowly, and we would just see some of the low skilled jobs disappear.
The only way the MW really works is if you keep it like enough that it really doesn't make that much of a difference.
Then you'll have to compensate businesses for carrying net loss jobs.
Here's the thing. Business exists to create a profit. It does not exist to do social engineering, it does not exist to provide a fiscal safety net to anyone, or to guarantee any lifestyle to anyone. Thus, trying to force business to pay artificially high wages is a losing proposition. Business will either raise prices or reduce workforces to compensate.
If you want to guarantee people a lifestyle, the honest way is to put it to the people to vote, raise taxes to pay for, and implement welfare.
Bottom line, if you want business to pay high wages, the job must generate enough revenue to pay for itself or be a justified cost. Companies cannot stay in business paying more for work than it generates.
We have not raised minimum wage in the last 9 years
The increase will have to cover the past 9 years as well as the next 9 till we get around to raising it again
$15 is reasonable
We just cut their taxes in half
Taxpayers should not have to subsidize a low wage workforce
You're ignoring the fact that over 60% of the American work force makes $20/hr or less, and most, if not all, of them are going to demand raises. I know I would if I was making $17/hr and all of a sudden I'm making only 2 bucks more than minimum. That's a huge impact.
Companies should not be welfare distribution centers either. Let's put it this way. If raising the MW was really sufficient to solve poverty, why not just take it to $100/hr and be done with it? Obviously, that wouldn't work. Therefore, it does have an impact on real life economics. The trick is to find a way to increase it without causing too many problems. Jacking it to $15/hr too quickly is not a good way.
Like I said, if you want a government mandated solution, be honest and create a welfare program.
Gee, I was replying to your dumbass comment...dumbass.
I agree, how about you start a company and pay your lowest level employee $15/hour. Let us know how that works out for ya.
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