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» why are some people so against raising the minimum wage?
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post 1565842671 11-09-2018, 07:03 PM
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#91
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Originally Posted By Peter
I prefer a free market. Also, when their employers are forced to pay them more, the cost of goods goes up and it will affect us all. For what? Because some no skill loser is too lazy to get educated or learn a valuable skill? No gracias, amigo.
I really don't give a fukk about judging anyone else's life choices. My interest is the most efficient delivery of economic resources, full stop. I get it. You feel like you're superior and want poors to have as little as possible.

What we have now is called a market failure. We DON'T have a free market because employers are leveraging our social safety nets to artificially shift wage cost to taxpayers. They know we aren't going to let people die in the streets, so we let them bilk us for billions every year. That is the real problem that gets lost in this argument.
post 1565842821 11-09-2018, 07:05 PM
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#92
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Originally Posted By Peter
I prefer a free market. Also, when their employers are forced to pay them more,the cost of goods goes up and it will affect us all. For what? Because some no skill loser is too lazy to get educated or learn a valuable skill? No gracias, amigo.
Already happening regardless of minimum wage.
Originally Posted By Peter
Good for you. So what happens to people that make a bit over $15/hr? Will they also get a pay bump when their lower paid colleagues start making $15/hr? What aboutwhen companies just fire people and get robots/machines to replace them?
Already happening regardless of minimum wage.
post 1565842911 11-09-2018, 07:06 PM
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#93
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Originally Posted By ErnieMccracken
I really don't give a fukk about judging anyone else's life choices. My interest is the most efficient delivery of economic resources, full stop. I get it. You feel like you're superior and want poors to have as little as possible.

What we have now is called a market failure. We DON'T have a free market because employers are leveraging our social safety nets to artificially shift wage cost to taxpayers. They know we aren't going to let people die in the streets, so we let them bilk us for billions every year. That is the real problem that gets lost in this argument.
I wouldn't say I think I'm superior, just that I have a better work ethic and drive if anything. I get what you're saying and our system isn't perfect, but it will never be.

I just don't see why someone working a low skilled job should be paid anything more than what someone else would be willing to do it for. If min wage was so horrible, we wouldn't have anyone willing to work those jobs.
post 1565842981 11-09-2018, 07:07 PM
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Originally Posted By ErnieMccracken
So what do we do about the #1 welfare queen in the history of welfare - walmart? They pay below a living wage and taxpayers get to pick up the rest of the bill.
Walmart isn't supposed to pay a living wage. It's a minimum wage job for teens, college students, and retirees. When I worked at Walmart that's all of what it was

Want to punish them? Stop shopping there.
post 1565843071 11-09-2018, 07:09 PM
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Originally Posted By MikeLowrrrey
Walmart isn't supposed to pay a living wage. It's a minimum wage job for teens, college students, and retirees. When I worked at Walmart that's all of what it was

Want to punish them? Stop shopping there.
The minimum wage was introduced to be a living wage.
post 1565843101 11-09-2018, 07:09 PM
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Originally Posted By MikeLowrrrey
Walmart isn't supposed to pay a living wage. It's a minimum wage job for teens, college students, and retirees. When I worked at Walmart that's all of what it was

Want to punish them? Stop shopping there.
Check CP.
post 1565843191 11-09-2018, 07:10 PM
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Originally Posted By JewishSuperHero
The minimum wage was introduced to be a living wage.
Post proof? I hear this a lot
post 1565843221 11-09-2018, 07:11 PM
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Originally Posted By JewishSuperHero
The minimum wage was introduced to be a living wage.
When I was making $4.35 per hour, it wasn't a living wage and I didn't cry like an entitled bitch thinking I deserved more. I went out and earned it. What's next, socialism?
post 1565843481 11-09-2018, 07:14 PM
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Originally Posted By JewishSuperHero
“if you raise the minimum wage then the price of everything else will go up!”

costs of living have been increasing anyway. it’s been that way since forever. but wages have largely stagnated since the early 80s. why would anyone want it to stay that way?
That's not much of a counter-argument. Just because the cost of living has gone up regardless doesn't meant that the cost of living won't go up even further. And wages and salaries in general have stagnated, largely for the working and middle classes. The minimum wage has steadily gone up.

There's also the fact that a rather small proportion of the adult working population make minimum wage. What this means is that prices and costs will largely go up for the lower-middle and middle class and small business owners. Large corporations can get away with laying off more employees and have computers/machines do their work while also raising prices for consumers.

The flip side is that raising the minimum wage raises the buying power of the very poor, meaning that they can contribute more to the economy. However, like I said, they make up a small proportion of the population. But it's honestly unlikely that this small benefit does more good than harm for the overall population. It's one of those things that sound good on paper, but in practice it probably won't work that well.
post 1565843591 11-09-2018, 07:15 PM
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#100
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Originally Posted By Peter
I just don't see why someone working a low skilled job should be paid anything more than what someone else would be willing to do it for. If min wage was so horrible, we wouldn't have anyone willing to work those jobs.
It's important for an overall healthy economy. This is really the only reason safety nets exist, not because of any self imposed moral obligation. We figured out that you can't just punish poor people into quietly dying off. They will cause mass chaos, turn major cities into giant favelas, rape/murder/rob at every opportunity, undermine economic growth, try to overthrow the government, etc.

There are lots of countries out there that do treat their poor like that and you don't want to live in any of them. They are all major chitholes.
post 1565843631 11-09-2018, 07:15 PM
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Originally Posted By MikeLowrrrey
Post proof? I hear this a lot
“No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” -FDR’s statement on The National Industrial Recovery Act, 1933
https://takingnote.blogs.nytimes.com...-minimum-wage/
post 1565843691 11-09-2018, 07:17 PM
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#102
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Originally Posted By MikeLowrrrey
Walmart isn't supposed to pay a living wage. It's a minimum wage job for teens, college students, and retirees. When I worked at Walmart that's all of what it was

Want to punish them? Stop shopping there.
Haven't set foot in a walmart in years and don't ever plan on giving them another cent. Walmart and Goldman Sachs are the two most destructive companies in the country.
post 1565843701 11-09-2018, 07:17 PM
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#103
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Originally Posted By JewishSuperHero
The minimum wage was introduced to be a living wage.
Lol
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post 1565844001 11-09-2018, 07:21 PM
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#104
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Originally Posted By Peter
When I was making $4.35 per hour, it wasn't a living wage and I didn't cry like an entitled bitch thinking I deserved more. I went out and earned it. What's next, socialism?
You sound brainwashed by the corporate overlords. Anyone who works full time in an honest job and contributes to this country should absolutely be entitled to a living wage.
post 1565844201 11-09-2018, 07:24 PM
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$15 min wage and raise our taxes to 50%! so appealing! 15 hole dollars1 guise this is a msut
post 1565844671 11-09-2018, 07:31 PM
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#106
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Originally Posted By bobbydigitaloa
Lol
I know. Pretty crazy to think about, right?
post 1565844821 11-09-2018, 07:34 PM
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How kind of OP to price out low skilled workers. Minorities and the mentally handicapped thank you, OP.
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post 1565856921 11-10-2018, 12:25 AM
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#108
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Originally Posted By JewishSuperHero
You sound brainwashed by the corporate overlords. Anyone who works full time in an honest job and contributes to this country should absolutely be entitled to a living wage.
Before and Back when minimum wages we're mandated, what kind of jobs did workers have? Dirty, dangerous factory work with long hours iirc. Minimum wage for those jobs make sense, they were real jobs for adults. McDonald's and Walmart doesn't fall under that umbrella imo

Give wharehouse workers $15hr, they at least work their asses off, leave everything else along
post 1565857061 11-10-2018, 12:33 AM
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#109
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free markets work well

price controls do not work well

free markets result in correct price discovery

gov't interference in markets creates bubbles and massive inefficiency

communism has failed everywhere it has been tried and has killed over 100 million people
Make Europe Germany Again
post 1565857471 11-10-2018, 12:48 AM
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Originally Posted By ErnieMccracken
I really don't give a fukk about judging anyone else's life choices. My interest is the most efficient delivery of economic resources, full stop. I get it. You feel like you're superior and want poors to have as little as possible.

What we have now is called a market failure. We DON'T have a free market because employers are leveraging our social safety nets to artificially shift wage cost to taxpayers. They know we aren't going to let people die in the streets, so we let them bilk us for billions every year. That is the real problem that gets lost in this argument.
Wouldn't they just bilk us for the same millions with increased prices?
post 1565857601 11-10-2018, 12:53 AM
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#111
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here are some economics that will blow your mind:

my mom owns a small business.

she keeps 2.5 employees working at all times (sometimes 2, sometimes 3).

the store is open 100 hours per week, so 250 employee hours per week.

250 * 52 = 13000 employee hours per year

she only makes $100k in a good year (rare), and $50k in a bad year.

now, imagine if minimum wage went up $1. that is $13000 extra salary paid just for a small wage increase. that is a significant part of her income gone.

now imagine if it went all the way up to $15. she would be absolutely fukt.

she would have to both cut number of employees working at a time + raise prices.

minimum wage is not supposed to be a livable wage.

IMO minimum wage should be $10-11 max.
post 1565858391 11-10-2018, 01:28 AM
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#112
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Originally Posted By JewishSuperHero
“if you raise the minimum wage then the price of everything else will go up!”

costs of living have been increasing anyway. it’s been that way since forever. but wages have largely stagnated since the early 80s. why would anyone want it to stay that way?
The only thing that works is setting up salary caps on all jobs of 1.3 million dollars. Meaning you're not allowed to make more than 1.3 million dollars, even if you own a company.

The money then gets sent to the Salary Cap Agency and sits there until they can redistribute the money back into your companies lowest employees.

That's the only thing that works.

Salary caps on all jobs. It's the only way to go.
post 1565858431 11-10-2018, 01:29 AM
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Originally Posted By Dota2Brah
here are some economics that will blow your mind:

my mom owns a small business.

she keeps 2.5 employees working at all times (sometimes 2, sometimes 3).

the store is open 100 hours per week, so 250 employee hours per week.

250 * 52 = 13000 employee hours per year

she only makes $100k in a good year (rare), and $50k in a bad year.

now, imagine if minimum wage went up $1. that is $13000 extra salary paid just for a small wage increase. that is a significant part of her income gone.

now imagine if it went all the way up to $15. she would be absolutely fukt.

she would have to both cut number of employees working at a time + raise prices.

minimum wage is not supposed to be a livable wage.

IMO minimum wage should be $10-11 max.
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post 1565859051 11-10-2018, 01:59 AM
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#114
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because they are cruel people who don't have souls

take a look at apple for example, these guys sell iphones for 1k a pop where the cost of labour per unit is literally 5 dollars

i mean kids are talking about companies making less profits but the thing is companies like apple literally don't even do anything with their profits except horde it

absolutely shameful
post 1565859811 11-10-2018, 02:52 AM
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Originally Posted By JewishSuperHero
You sound brainwashed by the corporate overlords. Anyone who works full time in an honest job and contributes to this country should absolutely be entitled to a living wage.
This. Miscers seem to love chitting on those less fortunate than themselves.

While we supposedly can't afford to pay some full time workers to a living wage, CEO's and executives now earn 271 times the average wage, up from 30 times in 1978.
post 1565860251 11-10-2018, 03:19 AM
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#116
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Originally Posted By Better
because it does nothing except redistribute wealth from middle class to lower class
Agreed, doesn't effect the super wealthy elite as they will pass on costs of labour on to the customers namely me and you.

Though I will add if the minimum wage is too low then it results in an underclass dependent upon welfare that we the tax payer end up funding. People should not have to rely on welfare to have a basic living.

Ideally the minimum wage would be a living wage which results in minimal price rises being past onto consumers and them not having to rely more on tax payers generosity to support welfare payments to them.
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post 1565869491 11-10-2018, 08:05 AM
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Originally Posted By MikeLowrrrey
Before and Back when minimum wages we're mandated, what kind of jobs did workers have? Dirty, dangerous factory work with long hours iirc. Minimum wage for those jobs make sense, they were real jobs for adults. McDonald's and Walmart doesn't fall under that umbrella imo

Give wharehouse workers $15hr, they at least work their asses off, leave everything else along
i suggest you work in a restaurant that is actually ran correctly if you think they dont deserve good pay. EVERYONE should be made to work in food and retail to see what work is..What rude customers are. And to see what its like to work 50-70hrs a week. I did it for one year and ill never talk down to another fast food job employee again. What constitutes "real work" is a job you go to daily and work and get paid. YES fast food is mostly there for younger people but the management is made for "real working" adults trying to make it..Never look down to people working and trying..Everyone is not meant for "greatness"..but we are meant to work.
!!!!DONT LIKE ME?..DONT AGREE!!!...DONT CARE!!!!..."drops mic"...PEACEOUT!!!
post 1565869571 11-10-2018, 08:06 AM
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#118
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Originally Posted By JewishSuperHero
I know. Pretty crazy to think about, right?
It’s not true so it’s hilarious...
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post 1565869691 11-10-2018, 08:09 AM
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Automation guy checking in. Plz raise min wage so I get more business thx
post 1565869841 11-10-2018, 08:13 AM
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#120
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Raising the minimum wage isn't necessary. You know why?Because very few adults actually earn minimum wage. In fact,only 2% of the work force actually earns minimum wage! And the ones that do are single people under 25 that don't need the money!

Adults with responsibilities do what adults are supposed to do:they find better-paying jobs on their own!You really think there are adults in the country earning minimum wage for any extended period of time? Just stuck at the bottom, working their butts off month in and month out, year in and year out.....for minimum wage?LOL!!!!!! Ignorant OP is ignorant
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