Why do Democrats vote for these people?

[otto105]

If the minimum wage is too low, it has no impact?
If the minimum wage is too high, it has an impact?

Define too low or too high.

By the way, I have a BS an economics from a Big Ten university

 

[Toddsterpatriot]

Define too low or too high.

By the way, I have a BS an economics from a Big Ten university

Too low.....no one can hire a worker at that wage.
Too high.....it's above the value added for the job or worker.

 

[otto105]

Yeah, and McDonalds paid $1.65 an hour back then.

You really are stupid.

When was that grandma lisa?

Early 1970s and what would it be today considering inflation and employee demand.

 

[otto105]

Too low.....no one can hire a worker at that wage.
Too high.....it's above the value added for the job or worker.

So, the federal minimum wage is $7.25 an hour, can you hire at that point?

 

[Toddsterpatriot]

So, the federal minimum wage is $7.25 an hour, can you hire at that point?

Most likely no.

In Seattle, it's $21.30. Could that be too high?

 

[otto105]

Most likely no.

In Seattle, it's $21.30. Could that be too high?

How would to evaluate that?

Are jobs declining. Is economic activity declining?

Have you asked those questions?

 

[Toddsterpatriot]

How would to evaluate that?

Are jobs declining. Is economic activity declining?

Have you asked those questions?

How would to evaluate that?

Do some jobs add less than $21.30/hour in value?

 

[otto105]

How would to evaluate that?

Do some jobs add less than $21.30/hour in value?

How do you evaluate that? What jobs?

 

[struth]

The federal minimum wage sets it at $7.25 nationwide. No McDonald’s on this planet pays anywhere close to that.

No business, that once employees pace, anywhere close to that.

The federal minimum wage, hasn’t changed since 2009.

Has congressional pay what up more than that?

At the prevailing wages for a fart food worker the same as a member of Congress?

 

[Toddsterpatriot]

How do you evaluate that? What jobs?

I don't evaluate that, the employer does.