Even if every poor person worked hard and went to school to get better pay, who would do all those entry level jobs that are the backbone of the economy? Now of course you might be dense and say “teenagers”, but there are many entry jobs kids cannot do and even they could, there wouldn’t be nearly enough of them working during the school year.
So what’s the solution to help alleviate poverty, republicans?
Your question seems to be contradictory.
If you want to alleviate poverty...... then supposedly you WANT to have FEWER people working those low wage jobs.
Right? Isn't that the whole point?
You are saying who is going to do these low wage jobs, if everyone get's better jobs. Well fewer people are going to do those jobs. That's the goal. The whole goal is to have fewer people doing low-wage jobs, so that more are doing high-wage jobs. Thus fewer people are in poverty.
That's the whole point.
I'm confused by the question. The implication is that you WANT people to be working Low-Wage jobs, and then ask how do we get people out of poverty.
You can't. There is no way to have people who produce low-value work, to end up wealthy. The solution is that they need to do high-value work. That involves then, logically, not doing low-value work.
Well, see that doesn’t make any sense, because while it’d be best for more people to seek higher wage pay, you would still need enough people left behind in those jobs. What I’m suggesting is paying the low wage jobs more because those jobs are widespread and mostly filled with adults. My point is that it is stupid to assume most or all those people could leave those jobs behind without there being a massive amount of vacant positions.
Also, many skilled labor jobs are still behind on the cost of living standards nationwide.
We tried your plan. That was 2007-2009. We raised the minimum wage by 38%. The result was mass layoffs, that resulted in the economy crashing.
Same thing happened in Greece. They had a minimum wage that was tied to inflation, and the result was unemployment that hit almost 30%.
You have a car I assume. I also assume your car needs an oil change. If the government said that oil change workers need a minimum of $100 an hour, and you want to the shop, and they said your oil change was going to be $75, what would you do?
I can tell you what I would do... I would go buy the oil at the part store for $10, and change my oil myself. So would a ton of people.
Result? The oil change employees end up unemployed (unless they work for Lexus or some luxury brand where people are used to that).
You can make the minimum wage, whatever you want. The real minimum wage, is always ZERO. The employer can't pay the employee, more than the customer is willing to pay.
Over in Denmark, the cost of a big mac meal, was $17. Why? Because the wages they pay in Denmark for a burger flipper is $16/hour. As a result, very few people (relative to the US) go to McDonald's. It's so expensive. People just eat at home. There are very few McDonald's in Denmark, because the food is so expensive.
And by the way, when you just increase the wages, there are economic effects. When wages go up, the cost of living goes up. Again, in Denmark where wages are relatively high, so is everything else.
The cost of a 900 sq.ft apartment in Denmark is $2,400/month. Here in Columbus, Ohio, you can get a 1300/sq.ft 2 bed, 1.5 bath, for $875 a month.
Why do you think that is? There's a simple economic reason. Supply and demand. When you increase wages drastically, those people with those wages, start demanding more. Demand goes up, and the price goes up.
This is why minimum wage laws, never work. You could make the minimum wage $100/hour, and everyone making $100/hour would end up poor. Because the price of everything would adjust to the new normal demand. Resulting in the people making minimum wage at $100, would still be the poorest people in the economy.
