MW advocates - what are the downsides of minimum wage?

[Wyatt earp]

3% of the workforce makes the federal MW so I really don't see why your panties are in a twist here.

If they raise the minimum wage to $15/hr, over 40% will be making the same minimum wage. I wonder how they think that will play out?

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

Trickle up poor.


.

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

 

[danielpalos]

3% of the workforce makes the federal MW so I really don't see why your panties are in a twist here.

If they raise the minimum wage to $15/hr, over 40% will be making the same minimum wage. I wonder how they think that will play out?

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

And the increase in prices across the board reduces the purchasing power the 97% of workers who already make more than the MW

no, it doesn't. we have greater supply than demand and QE already happened. Labor needs to soak up that cash to ensure liquidity in our local markets.

 

[Wyatt earp]

I said minus all other factors. Do you really not think there might be other factors involved in those cities?

besides the higher minimum wage?

capitalism works.

Try them both being wealthy cities with a high cost of living and the higher MW being a result of that, not a driver. Your slogans are not getting the job done.

The wage is still higher and the rate is still lower, regardless. They should have higher rates of unemployment, according to right wing propaganda.

Higher rates compared to what? If they lowered the rate now, would UE go up or down? If they raised it, which way would UE go?

You can't just take isolated examples without considering everything.

projecting much, right wingers.

the national average.

Raise your states minimum wage



.

 

[danielpalos]

If they raise the minimum wage to $15/hr, over 40% will be making the same minimum wage. I wonder how they think that will play out?

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

Trickle up poor.


.

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

 

[Wyatt earp]

3% of the workforce makes the federal MW so I really don't see why your panties are in a twist here.

If they raise the minimum wage to $15/hr, over 40% will be making the same minimum wage. I wonder how they think that will play out?

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

And the increase in prices across the board reduces the purchasing power the 97% of workers who already make more than the MW

no, it doesn't. we have greater supply than demand and QE already happened. Labor needs to soak up that cash to ensure liquidity in our local markets.

The liquidate of practice doesn't translate.

 

[danielpalos]

besides the higher minimum wage?

capitalism works.

Try them both being wealthy cities with a high cost of living and the higher MW being a result of that, not a driver. Your slogans are not getting the job done.

The wage is still higher and the rate is still lower, regardless. They should have higher rates of unemployment, according to right wing propaganda.

Higher rates compared to what? If they lowered the rate now, would UE go up or down? If they raised it, which way would UE go?

You can't just take isolated examples without considering everything.

projecting much, right wingers.

the national average.

Raise your states minimum wage



.

We are.

blue States are still willing to walk the walk, unlike all talk red States.

 

[Wyatt earp]

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

Trickle up poor.


.

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

 

[Wyatt earp]

Try them both being wealthy cities with a high cost of living and the higher MW being a result of that, not a driver. Your slogans are not getting the job done.

The wage is still higher and the rate is still lower, regardless. They should have higher rates of unemployment, according to right wing propaganda.

Higher rates compared to what? If they lowered the rate now, would UE go up or down? If they raised it, which way would UE go?

You can't just take isolated examples without considering everything.

projecting much, right wingers.

the national average.

Raise your states minimum wage



.

We are.

No we in win.


.

 

[danielpalos]

If they raise the minimum wage to $15/hr, over 40% will be making the same minimum wage. I wonder how they think that will play out?

Wage dominoes. Those above the bottom will need to have increases, too.

#4 in my list of potential problems.
.

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

And the increase in prices across the board reduces the purchasing power the 97% of workers who already make more than the MW

no, it doesn't. we have greater supply than demand and QE already happened. Labor needs to soak up that cash to ensure liquidity in our local markets.

The liquidate of practice doesn't translate.

The right wing really is clueless and Causeless.

 

[danielpalos]

in the short run or long run?

Higher paid labor pays more in taxes and creates more in demand.

Trickle up poor.


.

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

 

[Wyatt earp]

Trickle up poor.


.

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

 

[danielpalos]

Higher paid labor pays more in taxes and creates more in demand. We don't need tax raise economics from the democrats; we should have minimum wage raise economics to raise tax money.

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

 

[Wyatt earp]

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Coming from you ? The pot head just making up shit as he goes along .



..

 

[dblack]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

So, what are you saying? No MW AT ALL?

Well, in the OP I was focused on trying to understand what MW advocates mean when they claim that there are no negative repercussions to setting or raising the minimum wage. That makes no sense to me.

But that was then. The thread has mostly devolved into the usual debates over MW.

I am against a $15 MW. But no MW is crazy.

What's crazy about it? If people are allowed to work for free (volunteer), why shouldn't they be allowed to work for a very small amount?

All the major/medium corporations/businesses could get together and set their own MW at like $3/hr.. And what could anyone do about it?

Not work for them?

If they are ALL in cahoots - you could not use economic boycott to force them to raise it.

Well, if all major/medium corporations/businesses get together (on anything) I'm buying stock ice skates, because hell will have just frozen over.

No...you have to have a remotely reasonable MW BUT having it as a 'living wage' is also ridiculous and is not in either the Constitution or the UN Charter.

The problem is that "remotely reasonable" and "living wage" are entirely subjective terms. Some people can live on $15/day, and for some $15/hr won't be nearly enough.

$9.50/hr with yearly increases for inflation seems fair to me.

Awesome, then you should refuse to work for less than that. But other people might have a different number in mind. Any reason yours is better? Any reason government should force your values on others?

6 quotes to my one post?

You want me to start a debate with six different points of my one post?

Sorry...I have a life.

Good for you. Responding to specific points in a post is a common practice on message boards. I'm sorry if it bothers you.

Besides, my experience is people that do what you did are deliberately trying to muddy the conversation. No offense.

None taken. That's not my experience.

 

[Thinker101]

A 25 cent minimum wage should be sufficient to provide jobs for all


.

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Because without them you'd probably be homeless and starve...dumbass.

 

[danielpalos]

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Coming from you ? The pot head just making up shit as he goes along .



..

making up stories, right winger? I have arguments not gossip. Any wo-man can do that.

 

[danielpalos]

How much tax revenue will that raise versus how much tax revenue will a fifteen dollar an hour minimum wage raise.

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Because without them you'd probably be homeless and starve...dumbass.

why is that? all you have is gossip not arguments.

 

[Wyatt earp]

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Coming from you ? The pot head just making up shit as he goes along .



..

making up stories, right winger? I have arguments not gossip. Any wo-man can do that.

You refuse to have a honest conversation, you want diversion to hide your true motives, Beavis


.

 

[danielpalos]

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Coming from you ? The pot head just making up shit as he goes along .



..

making up stories, right winger? I have arguments not gossip. Any wo-man can do that.

You refuse to have a honest conversation, you want diversion to hide your true motives, Beavis


.

I argue and resort to the fewest fallacies. That is as honest as it gets. Only the right wing, never gets it.

 

[Wyatt earp]

It's zero.



.

in other words, you got nothing.

why should we take the right wing seriously about economics?

No you want socialism everyone as miserable as you, it's obvious butt head


.

You understand nothing about economics. Why should we take the rest of the right wing seriously.

Because without them you'd probably be homeless and starve...dumbass.

why is that? all you have is gossip not arguments.

Thanks for bringing that up is this you?