Isn't taxes going to go up and price of everything else gonna boom up?

If so it isn't benefiting anyone but the people living at home or off of other people.

[citation needed]

You mean advertising? It's nothing new or underhanded. Sellers want you to buy their product or service. That's how they make money. Nobody holds a gun to your head to make you buy life insurance or lipitor.The price of what? Advertising?So advertising hurts people's health? I guess maybe if you turn the volume on a TV ad up to 100 and put your ear next to the speaker it could. Not really sure what you're talking about here.Yea, if people spend irresponsibly. As a seller, all I can do is sell my product. I can't control another person's actions related to spending.Please don't make lazy arguments and expect me to fill in the blanks. I'm not going to make your argument for you.

why would taxes go up?


if minimum wage earners were paid enough to maintain a living, they would not rely on social programs such as welfare to sustain themselves.

While I don't agree minimum should be 15$ an hour I do think it should be around 10$ an hour. Some 16 year old doesn't need to be making 15$ an hour and there is no reason people working at McDonald's should be making 15$ an hour. We have these ****ty jobs for a reason, you want to make more get an education or move up in your **** job.

Project/Process engineer checking in

Please OP, petition to raise the minimum wage to $21/hr and see what happens

That just means I'll have an easier time passing projects within the company due to a higher IRR (labor cost/lb. produced). Currently a lot of automation projects still fail to get through upper management and put on the capital budget each year due to not meeting the required 3 year payback. Raise that minimum wage and watch me eliminate close to half of the line workers and packers in our main food processing plant. Plenty of automated equipment to integrate into the process as long as the funding is there

You SJW guys just don't get it......

Just lmao at entitled ****s who want raises for doing nothing.

Minimum wage should be enough to keep a person alive. Sorry you don't get to have new cell phone, or flat screen tvs. Those are luxury goods, reserved for people who can afford them.

No sympathy for minimum wage / tradesmen. You get what you ask for.

If you're surprised that you're not being paid much because you don't have a university education, then you're a phuking dumbass srs.

Raising minimum wage is a bad idea. Any retard that is able to at least wipe his own ass can realize this.

ITT: young, idealistic dip****s spouting their misinformed (and ignorant) opinions.

what part of adjusted for inflation are you not comprehending?

addictive chemicals in fast food is not 'advertising'. selling useless junk with 'nifty' gimicks for an insane percent of profit is not 'advertising'.

Please don't make lazy arguments and expect me to fill in the blanks. I'm not going to make your argument for you.

Socialism only sounds good to people with no understanding of economics.

everything becomes less than optimal when you remove competition.

what about the 60%+ of american workers who do not work for corporations?

Do you honestly think that companies having to shell out over double the money to all of their minimum wage workers tomorrow wouldn't result in prices rising more?

except prices have been going up and wages have been stagnant

By raising min. wage? Pretty likely. With basic income? Depends which way you look at it. It could be done with negative income tax and establishing a value added tax (VAT) like they have in Europe to fund such a thing instead of just raising wages. A VAT itself would be a very beneficial replacement for the sales tax we have in the US.

https://en.wikipedia.org/wiki/Negative_income_tax

https://en.wikipedia.org/wiki/Value-added_tax

When Milton Friedman and other economists proposed negative income tax in the 1960s, the idea was that it could be financed by a flat tax, reduced bureaucracy and that the income guarantee would slowly be phased out. The idea was to have a simpler welfare system and to make it easier for unemployed people to get into the workforce. Since then the main advocacy for the reform has come from other political camps than the right wing, such as the Greens, but also some socialists, feminists and most recently the Pirates. People from different ideological backgrounds have over the years proposed different models, including both different financing and different levels. Socialists and other people who believe in the idea of common resource ownership have proposed funding on the basis of social ownership of the means of production and/or natural resources. People to the right, such as Friedman, are usually inclined to finance only by flat tax, or a flat tax and some other traditional taxes. Greens are keen on "green financing", whether it be environmental taxes or in some other ways. Also worth mentioning is the idea to finance mainly or partly with VAT and the idea to have a monetary reform at the same time, which supposedly can take a big part of the funding. The system of VAT and negative income tax is known as "Progressive Value Added Tax" and considered by some economics in post Freidman time (e.g. Prof. Robert Hall) as the optimal Progressive consumption tax.

Affordability[edit]

The affordability of a basic income proposal relies on many factors such as the costs of any public services it replaces, tax increases required, and less tangible auxiliary effects on government revenue and/or spending (for example a successful basic income scheme may reduce crime, thereby reducing required expenditure on policing and justice.)

Specific, though informal, measurements were made by Pascal J. for Canada who concluded that a 2004 taxable basic income benefit of $7796 per adult could be afforded without any tax increases by replacing welfare, unemployment, and core old-age services ($6000 revenue neutral + $1796 from incremental income taxes).[26]

A 2012 affordability study done in the Republic of Ireland by Social Justice Ireland found that basic income would be affordable with a 45% income tax rate. This would lead to an improvement in income for the majority of the population.[27]

Paul Mason stated that universal basic income would increase social security costs, but that it would also reduce the high medical costs associated with diseases of poverty, by reducing stress, diseases like high blood pressure, type II diabetes etc. would become less common.
https://en.wikipedia.org/wiki/Basic_income

of course because they are driven by greed, they would never want to have to give up some of the luxuries they currently have going thanks to brain dead people like yourself defending the current system

Except actual research on the issue demonstrates it's not a bad idea, and doesn't lead to increased unemployment.

^ Stanley, T. D. (2005). "Beyond Publication Bias". Journal of Economic Surveys 19 (3): 309. doi:10.1111/j.0950-0804.2005.00250.x.

You're just one if the brain washed idiots the OP is talking about.

no one is argues whether or not socialism should be implemented. People only argue about to what degree it should be implemented. Only people with no understanding of economics fail to see this.

For people to use the word with negative connotation as if saying it with ominous music in the background, or as if it is the worse thing ever literally have no grip on reality.

In terms of $15/hr in CA, which won't even be reached until 2022...I'll say what I generally say.

1.) We have people living in poverty or near poverty biting at each others ankles and trying to keep each other down. People making $20/hr would rather people making $10 continue to make $10 for the mere sake of feeling better about themselves. This is a terrible thought process and involves no critical thinking.

2.) It's worth considering that people who make $10, or $15, or even $20 an hour spend 100% of their money and then some (at least in CA). More money being spent, and money that isnotcoming from the govt is a good thing.

3.) We have to tread carefully when citing businesses not being able to afford higher wages and survive. I think a few cotton plantations probably did poorly after they could no longer enslave people. While it's something to consider, it cannot be the primary motivation for reaching decisions on minimum wage.

4.) People who make minimum wage, even $15/hr in the year 2022, will still be dependent on the govt in some way, shape or form. There can be, at least theoretically, some reduction in govt dependence.

5.) We have to balance positives and negatives of minimum wage increases. Will this hurt or help society and how?

6.) We have to abandon this rhetorical diction that we embrace when arguing about this topic. No, minimum wage jobs are not "intended" for teenagers to start in the work force and therefore there should be no increase... people should not be given a house and a car and a phone and a well paying job for free just "because" it's what they "deserve" as humans... the optimal solution lands somewhere between those two falsehoods.

Just some thoughts.This is just laughable. Corporations on a whole do not pay minimum wage jobs. I know you think of McD's and Wal-Mart, etc. and ONLY thinking of the employees you interact with as you conduct your business but there are several other billion dollar organizations/corporations that don't even have minimum wage employment opportunities. Not to mention the majority of employees do not work for what constitutes a corporation.

Can confirm. I sign the front of the check crew.

Not sure why you're saying this like its bad?

Well if you agree that that's what would happen then why are you arguing?
They've worked their way up, whether through the business, at school, or a combination of both, they're obviously not going to take the extra 10s of thousands or more depending on amount of employees, for all their minimum wage employees out of their pockets.
The only way that would happen would be a government mandated price freeze on everything so that corporations are forced to pay the extra money themselves instead of passing it on to the consumer. Corporations would then fire workers and use machines, a lot of small businesses would end up having to shut down because they don't have all that money floating around to immediately more than double all minimum wage employees wages. Plus it's not just the minimum wage employees wages that would have to go up, people on slightly higher wages who have been working their way up a company for 10 years would be pissed if some 16 year old comes in and gets the same wage on their first day, so they would have to go up as well.

Smarter, not harder srs

True.

We have the opposite in Norway. People have been brainwashed into thinking capitalism is evil. Michael Moore wouldnt even be considered left wing here...

Jesus had a parable about this, lol.

Requesting higher wages is one thing, but requesting that lower skilled people be maintained in poverty and wages that do not match inflation rates is not an acceptable response. It's the equivalent of a child throwing a tantrum over another child getting a toy that is almost as nice as theirs.

I was a 14-17 year old kid once. I worked many minimum wage jobs. My citation is having lived on Earth.

Source? A legitimate one? (Alex Jones is not legitimate)So what? We need to ban "as seen on TV" products because people are stupid? People are free to succeed or to fail under capitalism. They can make good choices or bad choices with their money, and either suffer the consequences or reap the rewards. You want to remove that choice?

if you are not making enough profit so that you cannot afford to raise your employees pay to match the inflation rate, then i would argue you have no business staying in business as you have clearly mismanaged your company

that is not even taking into account the tax avoidance and government subsidies that many companies get

Cost's are 100% always passed down to the consumer, and in 90% of the time are never lowered.

Like in Aus when we had the carbon tax come in, lol government assured us the companies would absorb the cost and the public wouldn't have to pay for all the pollution. ****ing power bills went up immediately.

I do agree that over time it should've gone up with inflation, I just don't believe suddenly more than doubling it is a viable solution.
If you're stuck on minimum wage for life you have personally made the wrong choices, thats no one elses fault. But it should be an amount that people are able to scrape by on if they are temporarily on minimum wage.