The Reality of Minimum Wages.

[glo]

I don't get the argument, nor the people against increases. The issue is extremely simple to understand:

An individual working at minimum wage should earn more than an unemployed person on welfare, food stamps, subsidized housing and Medicaid. The former would land you homeless very quickly, the latter gives you a nice cozy free ride.

People that actually want to get off their asses and work hard deserve more than being homeless for their efforts.

[Deleted]

Forbes is for 1% and against the 99% if you didn't know.

[xChurch]

Someone raises that point in the comment section and he said about 20% are in like hotels, nail salons things like that. He also says, "Why is it “true” that full time work should be enough to meet all your basic needs (which is undefined anyway)? Workers get paid what they are worth, not what it costs to support them".

That sentence just gave me cancer...

[Rekx]

Bottom line is, if minimum wage is increased, EVERYTHING ELSE WILL INCREASE IN PRICE. thats just how this stupid economy works. is it fair? no. it sucks to work at a shit job and you cant make ends meet, thats the situation im in right now. do i want min. wage to go to 15? hell no. because as soon as that happens, $6 for a gallon of milk, $5 for gas, etc.. all the companies will just say "well, we have to pay our workers more, so we have to raise the prices" and we are right back were we are now.

so.. whats the point? its just like wow, bigger numbers dont mean anything if the percentage is still the same.

you guys want "change"? we're going to need more radical changes then simply raising the min. wage..

[Gheld]

Bottom line is, if minimum wage is increased, EVERYTHING ELSE WILL INCREASE IN PRICE. thats just how this stupid economy works. is it fair? no. it sucks to work at a shit job and you cant make ends meet, thats the situation im in right now. do i want min. wage to go to 15? hell no. because as soon as that happens, $6 for a gallon of milk, $5 for gas, etc.. all the companies will just say "well, we have to pay our workers more, so we have to raise the prices" and we are right back were we are now.

so.. whats the point? its just like wow, bigger numbers dont mean anything if the percentage is still the same.

you guys want "change"? we're going to need more radical changes then simply raising the min. wage..

Yeah, but raising the minimum wage is a symbolic way of flipping the bird to the people most culprit in any future changes that are needed and letting them know that shit is going to go down eventually.

[Linkedblade]

The scars of Wal-mart live ever so.

I work at Walmart, and I get paid well over minimum wage. Don't see the problem.

[Aeluron Lightsong]

Isn't prices going up anyways so the whole "BUT PRICES WILL INCREASE!"

I work at Walmart, and I get paid well over minimum wage. Don't see the problem.

Yes well even as someone full time it isn't enough.

[Linkedblade]

Bottom line is, if minimum wage is increased, EVERYTHING ELSE WILL INCREASE IN PRICE.

And yet people dont understand that this applies to everything the government does. Subsidize houses and house prices will rise. Subsidize healthcare and healthcare costs rise. Subsidize student education and college costs and book prices will rise.

It's not a hard concept.

[Veyne]

i never said that but you did....lol good try kid but fuck you for being an idiot

In my experience, the only people who use the word "kid" in these sorts of arguments, tend to be children themselves. Learn before you type your typical bullshit, please.

Sincerely, someone who doesn't work a minimum wage job and STILL knows you're full of immense amounts of bullshit.

[Gheld]

And yet people dont understand that this applies to everything the government does. Subsidize houses and house prices will rise. Subsidize healthcare and healthcare costs rise. Subsidize student education and college costs and book prices will rise.

It's not a hard concept.

Most of what you just said, is actually shown to be completely untrue around the world.

For example:
Healthcare costs rise in the united states because of the capitalistic approach where hospitals charge 9000 dollars for 3 stitches because your insurance will pay it because they can just charge everybody 3 grand a year for what MAYBE in a country with socialized medicine will add about 1 grand each on average to their income tax bill. And the end result is that because of it's "SUPER HAPPY CAPITALIZED HEALTHCARE LOLZ" the USA is the worlds leader, by an incredibly large margin, in health care spending per capita. Because of "well hospitals can't refuse to treat you" leaving poo' folk with 6 digit hospital bills that the hospitals just end up passing on to insurance providers in the form of increased prices for services. and that just creates this huge gap of people who can't even afford health care at all. "Well they should have thought about that before they bought their kids food, lol".

Some things are better handled by the private sector.. and other things are better handled by public interest. The world's not all black and white, socialist and 'murican. etc.

[obdigore]

And yet people dont understand that this applies to everything the government does. Subsidize houses and house prices will rise. Subsidize healthcare and healthcare costs rise. Subsidize student education and college costs and book prices will rise.

It's not a hard concept.

It is a 'hard concept' since it isn't born out by any economic theory nor by real life examples. But you keep spouting that rhetoric.

[Aeluron Lightsong]

It is a 'hard concept' since it isn't born out by any economic theory nor by real life examples. But you keep spouting that rhetoric.

WB off the vacation bro.

[obdigore]

WB off the vacation bro.

Infraction reversed. Justice.

[Cthulhu 2020]

"Reality", you don't seem to know what that word means OP.

The word you're looking for is "Fantasy".

[Brooxi]

I like how this guy pokes holes at other problems with what other people have said/done and yet has so many of his own in his own statements. "Most people are not below the poverty line" and the next thing to come out of his mount is "2 or 3 household income earners".

[Cthulhu 2020]

You raise the minimum wage, everyone has more disposable income. More people have more disposable income to spend on more goods and services. You have more money coming IN to your business despite paying more out to workers. Countries with minimum wage in the 15 and even 25 dollar an hour range have healthy and robust consumer economies, and the US is in a nasty recession. Recession is when people don't buy things. They can't buy things because they don't have disposable income.

Prices rise slightly but other market forces besides supply and demand affect prices. Competition and the fact that labor is only a minor cost in overall production of a good or service, keeps prices low. There will be a slight price hike.

People who swallow conservative rhetoric like to say "It's simple econ 101!" but when the only market factors you consider are supply and demand, you just simplified it down way past reality. There's a lot more economic forces at work than that. They're not HARD to understand, but they're by no means simple either.

[Aeluron Lightsong]

You raise the minimum wage, everyone has more disposable income. More people have more disposable income to spend on more goods and services. You have more money coming IN to your business despite paying more out to workers. Countries with minimum wage in the 15 and even 25 dollar an hour range have healthy and robust consumer economies, and the US is in a nasty recession. Recession is when people don't buy things. They can't buy things because they don't have disposable income.

Prices rise slightly but other market forces besides supply and demand affect prices. Competition and the fact that labor is only a minor cost in overall production of a good or service, keeps prices low. There will be a slight price hike.

People who swallow conservative rhetoric like to say "It's simple econ 101!" but when the only market factors you consider are supply and demand, you just simplified it down way past reality. There's a lot more economic forces at work than that. They're not HARD to understand, but they're by no means simple either.

Prices are already increasing without the minimum wage increase, which I find amusing.

[Snuffleupagus]

You raise the minimum wage, everyone has more disposable income. More people have more disposable income to spend on more goods and services. You have more money coming IN to your business despite paying more out to workers. Countries with minimum wage in the 15 and even 25 dollar an hour range have healthy and robust consumer economies, and the US is in a nasty recession. Recession is when people don't buy things. They can't buy things because they don't have disposable income.

Prices rise slightly but other market forces besides supply and demand affect prices. Competition and the fact that labor is only a minor cost in overall production of a good or service, keeps prices low. There will be a slight price hike.

People who swallow conservative rhetoric like to say "It's simple econ 101!" but when the only market factors you consider are supply and demand, you just simplified it down way past reality. There's a lot more economic forces at work than that. They're not HARD to understand, but they're by no means simple either.

You raise minimum wage, you raise operating costs. Period. And companies aren't going to absorb the expense, they pass it on to the consumer.

I live in Australia, and the cost of living is insane. And no matter how much unskilled morons in retail/fast food want to try and make me believe, they don't deserve $15 an hour.

Menial labour should be a stepping stone to better things. It's not hard to get a trade qualification or diploma, especially here. $15 an hour wages has simply increased the cost of living, meaning $15 an hour is no longer enough for people to live on. All it does is inflate salaries and ignores the underlying causes.

Slapping a band aid on a stab wound and then adding more when the bleeding continues is not a solution.

For someone talking about conservative rhetoric being simplistic, you seem to be doing a lot of simplification.

[diddle]

In America, you get to choose between a socially progressive and scientifically modern party that knows nothing of economics, and a socially backwards religion-centric party that knows slightly more about economics.

[plat0nic]

You raise the minimum wage, everyone has more disposable income. More people have more disposable income to spend on more goods and services. You have more money coming IN to your business despite paying more out to workers. Countries with minimum wage in the 15 and even 25 dollar an hour range have healthy and robust consumer economies, and the US is in a nasty recession. Recession is when people don't buy things. They can't buy things because they don't have disposable income.

Prices rise slightly but other market forces besides supply and demand affect prices. Competition and the fact that labor is only a minor cost in overall production of a good or service, keeps prices low. There will be a slight price hike.

People who swallow conservative rhetoric like to say "It's simple econ 101!" but when the only market factors you consider are supply and demand, you just simplified it down way past reality. There's a lot more economic forces at work than that. They're not HARD to understand, but they're by no means simple either.

Well said. It's a recession for everyone but the 0.01%. An article published recently showed that 85 people hold the same wealth as the bottom 3.5 billion on this planet. While it is a global statistic it is reflected in every country. Minimum wage is slavery wage and more and more people are realizing it. The neo-con propoganda machine is doing its hardest to get people up in arms over doing anything to assist the poor but at what point does the rabbit being backed into the corner attack? It's time to grab the 0.01% by the throat and demand what is owed. It's thievery and it's slavery.