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CaféAuLait;8651913 said:How did the title of my thread change, my title was "Minimum Wage Hike Could Cost 500K Jobs, CBO Reports". The same as the link I included in the OP article.
Either that or I am losing it. LOL
)
How many people could we have fed and educated with the $4t spent on Iraq if Bush and Cheney hadn't lied to the entire world?$4t wasted on Iraq over lies.
Also, why exactly does a multi-billion dollar corporation "HAVE" to increase prices for consumers to pay higher wages? If a corporation already profits $1.5b because of paying low wages to reduce expenses, despite Obama's Marxist EPA regulations and unbearably high capital gains taxes, then couldn't the corporation logically pay their employees more and make slightly less than $1.5b? Maybe the corporation and shareholders could settle for profiting "only" $1b so their employees can eat, too?
Excuse me, oh master of idiotic things that have nothing to do with the thread, would not lying about Iraq raise the minimum wage?
THE IRAQ WAR -- PART I:*The U.S. Prepares for Conflict, 2001
Yes I can. Have you ever heard of "the internet"?By the way, can you give me a list of every multimillion dollar corporation that pays minimum wage?
America's 5 biggest low-wage employers- MSN Money
i love this idea that people cant afford 10.10 an hour and will have to cut jobs due to it.
Yeah..Im not really going to buy this bullshit when i watch my own owner get a massive bonus at the end of the year, but take over a month to give out a 50 cent raise.
Uh huh....people can officially blow me.
You're right about one thing. The idea that businesses can't afford it is generally false. But it's also mostly irrelevant.
What really matter is that businesses don't have to afford it. They can raise prices and/or cut employment to compensate for the fact. And since they don't want to and are evil, greedy bastards, they won't afford it. They'll raise prices and/or cut employment.
Truth be told, though, I've never bought arguments that raising the minimum wage will substantially effect employment figures. At the end of the day work needs to be done in order to generate profit, and that requires labor. What will happen is that the costs will be passed along to the consumer, quickly rendering the increased minimum wage moot.
notice how wingnuts only listen to statistics when it agrees with their own theories.
Awww more snivelers negged me because their hatred of the poor runs so deep....poor suckers...
CaféAuLait;8651913 said:How did the title of my thread change, my title was "Minimum Wage Hike Could Cost 500K Jobs, CBO Reports". The same as the link I included in the OP article.
Either that or I am losing it. LOL
Truth be told, you are an ignorant idiot.
For decades every single economist acknowledged that there is a trade off between the number of available jobs and minimum wage.
Truth be told, you are an ignorant idiot.
False.
False.For decades every single economist acknowledged that there is a trade off between the number of available jobs and minimum wage.
Yup. You can look at min wage projections over time, and compare it to what actually happened, and you will always find that the net effect on employment was small at best. But over time, you will find that thei impact on wages is generally always to increase them at all levels, except at the very highest income levels.
Net is, those who support making the wealthy more so hate min wage increases. Those concerned about the middle class support min wage increases at least in moderation.
Yes, there are real costs associated in helping SOME.
The ACA comes to mind...
Obama knows best.
The needs of the many outweigh the needs of the few.
Showing off that conservative state education eh!?
