Andylusion
Platinum Member
I wouldn't say that would make them unemployed. If they did for some reason become unemployed they would soon be replaced by others at the business place so that they then could become a little more prosperous.What is it with these young Republicans that post on here? I've read where three of them have or still do work for minimum wage. For pretty long periods. One thought that going from 5 something an hour to 8 was a major raise.
I am 61 and I am sure you rethugs call me a Demorat. BUT I HAVE NEVER WORKED FOR MINIMUM WAGE IN MY LIFE. And I've been working since I was 15.
What the hell is wrong with you repubs either sitting on your asses all day on a message board with no work to do or working for minimum wage.
Of course I doubt if any of the Repubs are worth more than a minimum wage. You all can't seem to DO anything but suffer with your Obama Derangement Syndrome.
Well first off, I am not a Republican. I am a conservative. It happens that most of the conservatives are Republican, but I would easily vote for a Democrap, provided he was conservative enough. This is why I did not vote for Romney or McCain, because neither of them were conservatives.
That said....
I fully admit I'm a rather pathetic loser. I have not been able to succeed at anything in life. Am I stupid? Am I useless? I have no idea. I'll let you be the judge of that. I gave life my best shot, and lost.
That said, I am still a conservative, and I don't blame employers for my failure, nor do I think somehow I 'deserve' a raise simply because I've sucked air for 40 years.
The reason I'm where I am, is not because "rich people are greedy!" or some other nonsense. It is simply because I have not been able to do something of higher value. Or I am too lazy. Whatever reason floats your boat is fine with me.
Regardless, raising the minimum wage, won't make people more wealthy. It will make them unemployed. That's not a solution.
But you also have to look at the overall picture. That being that the more you pay an employee, the more they will spend and the more they spend the more they will contribute to the American economy! So, raising the minimum wage will actually help the American economy. And since by no means is everyone wealthy in America, people will soon realize that the business has made an effort to help the employees economically by raising their wages that they are more apt to support that business, be a return customer, and also recommend the business to others. And that will be a good thing and a win-win situation!![]()
You are missing a fundamental aspect.
What is the labor worth? Who determines how much the labor is worth?
The answer, is the customer.
If the customer isn't willing to pay more for the product or service, then you can't pay the employees more.
Say you have a home, with a front and back yard, and you want your lawn cut. So I show up and offer to mow your lawn for $30 a mow.
That seems a good deal to you, and agree to do it.
Then the government comes in, and says "Lawn mowing people deserve $100 a mow". So I come and ask for my $100 to do your lawn.
Are you going to do that? Twice a month for six months, is $1,200. You could buy a really nice mower, and all the fuel you could use for the whole summer for that much money.
Chances are, you are not going to go for that. To expensive.
The value of the labor, didn't change because the government mandated that I get paid more.
I'm not going to get more "prosperous" hiring people. Why? Because the amount I would have to pay them, would be more than how much the customer is willing to pay for the service.
Customers are not going to pay my lawn mowing business $100 a mow, so that I can pay my employees $100 a mow. So my customers are paying me $30 a mow, and I'm paying my employees $100 a mow? I would not hire more people, in fact, I would not hire any people, in fact I would FIRE all my people. I'm losing money on every employee. Thus I lay them all off, and have zero employees.
Same is true of McDonald and Wendy's. People are not going to pay $20 for a cheap fast food burger. If they customers are not willing to pay that much for a burger, then I can't hire people that cost $20 an hour.
I'm going to LOSE money, not become 'prosperous' by hiring people. The only time you become 'prosperous' is when the cost of hiring someone is LOWER the value of the labor they perform for the customer.
When you artificially drive up wages with government minimum wage, in many industries, the cost of employment, goes above the value of the labor, and those people end up unemployed, and earning ZERO.
Lastly, this idea that 'if we pay people more, the economy will improve' has been proven false dozens of times.
They tried this in the 1930s, and it didn't work in the Great Depression.
They tried this in 2009. The last thing that happened before the crash, was Bush increased the minimum wage from $5.25, to $7.25. A massive hike in the minimum wage. It didn't spur the economy.... it killed our economy.
Greece!! Greece tried to increase the minimum wage in 2010-2011-2012. Result? 27% unemployment.
In fact, the results were so bad, that Greece did a complete reversal of policy, and CUT their minimum wage, specifically to spur employment.... and employment is slowly.... very slowly, beginning to grow.
The minimum wage does not spur economic growth. It kills jobs. That's what it has ALWAYS done throughout all modern history.