I really don't understand why Rightwingers have no appreciation for demand side economics. If you raised the minimum wage to a reasonable level, you are going to see economic growth. This is economics 101. If wages are higher, people are going to spend more money. Yes, initially it may kill some jobs, but it would regain that number and more with a stimulation to business. The reason why most (not all) CEO's are against raising the wage because it is easier for them to just keep their ridiculous amount of money rather than investing in a stronger labor force that would fair for anyone.
Not only would it kill "some jobs", but it would put a lot of "job providers" out of business.
You want higher wages, stimulate the economy- not Wall Street.
Obama prints about $80 billion per month of paper dollars then dumps them. The value of the dollar is in the shitter, interest rates are near zero, and the only investment refuge is... Wall Street.
NOT Main Street.
God damnit man, get your ass to the *****-Slap thread.
See there's your problem with understanding nuance. Job killing would depend on how high you raised it. If you raised the federal to 10.10, the ONLY businesses that would go under are some tiny mom and pop shops who were never very profitable to begin with. So what? This is about giving people wages they can live off of. Tell me if you had a wage that was less than 10 an hour could you live off of it? What if you had a kid? I know you cons have a deficit with empathy, but just try to imagine it will you?
If it was raised to that much the job loss would be less than 500,000 jobs.
I AM "mom and pop". Two employees (including me), cranking out just under $1 million/year in sales. Very expensive, very thin profit margins. BTW the other employee makes more in wages than do I, the manager.
I've lived with sub-10 wages WITH children. How? Do without. Cut spending to the absolute necessities. And the magic ingredients? Love, patience, and humility.
The three ingredients that you conceited, greedy, hyporcritical Liberal ***** sorely lack.
Well i don't know what you pay your employees but if it means that your business will go under for the sake of the greater good, so be it. People need better wages.
So let me see if you I follow you here. You make less than $10 an hour and you have more than one kid? You don't have a spouse with her own job? Bullshit. There is no way you support yourself and your kids on less than 400 a week without any other assistance.
At one time, yes, that was my situation. Granted, it was a relatively brief period in my life (6 years).
In the meantime...
According to Entrepreneur Magazine there are between 25 million and 27 million small businesses in the U.S. that account for 60 to 80 percent of all U.S. jobs.
Small Businesses Big Impact - Forbes
And your comment reinforces my statement: under the Liberal
status quo... the needs of the few far outweigh the needs of the many.
You are living in bizzaro-land. Typical Liberal Obama zombie contorted bullshit.
Small businesses are important to the American economy but-----but some small businesses aren't as small as Republicans and the rightwing scream (MSM) machine try to make out.
Below is a short very incomplete list of businesses considered "small" businesses identified by Keith Olbermann several years ago.
Only dumbassses attack the messenger while ignoring the message.
Kieth Olbermann: Koch Industries Considered “Small Business" by Republicans
Mar 10, 2011
Koch Industries, a conglomerate of partnerships with 70,000 employees.Enterprise Products Partners, L.P., a pipeline company with 2009 revenues of $25 billion.
Kohlberg Kravis Roberts & Co., a Wall Street firm with $445 million in revenue in 2009.
Price Waterhouse Coopers, an accounting firm with $26 billion in revenue in 2009.
The Hillman Company, an investment founded by billionaire philanthropist/industrialist Henry Hillman.
Venn Strategies, Inc., whose chief operating officer is Brian Reardon, a former special assistant to former President George W. Bush.
Ferrellgas, a propane and propane accessories business, with $2 billion in revenues in 2009 and 1 million customers.
CoorsTek, a ceramics manufacturer founded by Adolph Coors, with 2009 revenue of $549 million.
Dead River Co., with $500 million in revenue and 1,200 employees.
McIlhenney Co., the Tabasco maker, with $250 million in revenue in 2007.
Bechtel, the largest construction conglomerate on earth.
The Chicago Tribune, which also owns the LA Times, the largest newspaper in America.
To name just a few.
Rightwingers/Republicans are easily duped, huh?
.