I didn't realize t he MW was broken.
Its been a decade or so since it was raised and I seem to be stumbling into articles about raising it again is all. I'm looking to streamline the process.
Do you not know what happened last time we raised the minimum wage? You know, the great recession?
Why would you want to streamline something that wrecked the economy, and drove million into unemployment? We just got back down to full employment, and you want to completely undo all of the recovery? Why?
IF you think the cause of the housing bubble was the hike I think you should be for my plan.
My idea is to prevent these knee jerk hikes and just make it a smooth percentage every year. Whatever the GDP or CPI or board of directors pay or whatever goes up minimum wage goes up. This way there are no surges based on the whims of whoever is in Congress trying to win reelection.
So that is partially good......
Agreed, that it is true that avoiding massive hikes, would avoid sudden drastic crashes in the economy. So that part is good.
However, the problem is, you still have not avoided the negative effects of the minimum wage. You may have avoided sudden shocks to the system, but you haven't dealt with the fact that the minimum wage is universally and unavoidably a negative.
This is where you keep trying to find a way to consume poison so that it does the least damage. But only true way to not have poison do damage, is to not take the poison.
You do realize that whole history of the minimum wage, was a history of trying to destroy people, in the name of racism.... right? I'm assuming you know this, because this is well known historical fact.
Only in our modern times, have we been ignorant as a society, to think the minimum wage somehow is a benefit to people. It isn't. It never was.
The history of the minimum wage, in this country, was to push people out of the labor market.
These Chinese people were coming to the US, and they were unskilled, but they were willing to work for whatever they could earn. The American Unions were getting ticked off because these Chinks were taking their jobs because they were willing to work for less money.
(to all you Chinese, I absolutely love Chinese people more than Americans usually. I am only using the slur to be accurate to the historical context)
So the American Unions started pushing to have a minimum wage. They knew that if employers have to pay the same amount of money for a Chinese, as an American, the employer will default to the more skilled and educated American. The reason employers hire less skilled or educated people, is because they can pay them lower wages. If you eliminate that ability, you eliminate their employment.
The racists policy worked perfectly. Chinese were drastically harmed by the policy.
By the way... nothing has changed. I was watching a news video from Europe about recent moves to increase the mininmum wage.
This young reporter girl, was interviewing a man from a union. It was either a Union in Germany, or a Union in Norway. I don't remember which. But the idiot American reporter was standing there "So you want to create a minimum wage law, so that people can earn a good living?" (this was before Germany had a minimum wage).
The Union guy goes.... "No. We want to keep these foreigners out of the work place".
This is one of the amazing things about Europe, is that they actually say what they believe, rather than putting on these lies that "It's so people have a better life"... no it is not. It's to keep other people from having jobs. That is the whole purpose.
