• Aramonde
      Saved!
      Aramonde
      Editing … I dont really care about minimum wage that much. The market sets the wages and everything around it. 80% is a big increase, small businesses would have a hard time adapting. People always think raising the minimum wage will magicly lift up the poor but it never does. All it does is inflates the prices and wages of everything and everyone elseand then your back to where you started.
      Loading …
    • rockshard PhD
      Saved!
      rockshard PhD
      Editing … I don't trust minimum wage laws, I still think that in theory they would put people out of work and force small businesses to hire as few people as possible. It also seems weird for the state to make rules deciding when it's illegal to work. (illegal to breathe, next?) Migrants/refugees can't work until they get a permit. Are you insane? Husk rebuts my arguments (saying "experts" disagree) but I dunno. Maybe minimum wage is a good thing, maybe it's not.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … The vast majority of economists say there won't be inflation if the minimum wage increases. Why? For one, because corporations won't lose their profits. A higher minimum raise will only increase cash flow, even benefitting small businesses. At the moment, the minimum wage is not a living wage, meaning people can't buy all the things they need. With money, they would buy those things, as well as the luxuries we all desire to make living, well, worth living.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … But to Rockshard that's of no concern. He thinks one way, the opinions of those actually educated on this matter (I've bothered to learn economics as well, if you care) have no sway.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … Aaaugh I've had too much Rockshard I NEED TO PRESERVE MY SANITY, I know you don't care about the poor, but care about me!
      Loading …
    • rockshard PhD
      Saved!
      rockshard PhD
      Editing … Does it really matter if minimum wage isn't a living wage?
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … Is that a troll or are you actually incapable of solving that for yourself
      Loading …
    • Husky Wing
      Loading …
    • Ed Kick
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … It's normal for there to be a completely separate minimum wage for tipped workers.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … In Massachusetts, for example, the current minimum wage is $10/hour, but tipped employees have a minimum wage of $3.25/hour
      Loading …
    • Aramonde
      Saved!
      Aramonde
      Editing … How would it not inflate though? So you go from $8.38 to $15. Okay now people in the jobs that were $15 before are going to want a raise because why would do a more demanding job for the same wage as a fast food worker? So if these people get a raise to $20 then the people who were at 20 will want a raise. It will keep trickling up. So if everyone is getting paid more business will have to raise prices to compensate for the raises then were back to where we started.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … People aren't going to automatically get raises just because those living off minimum wage are making more, that's not how the world works. And again, there will be more money flowing to people, who spend money. Actually, the majority of small business owners agree that the minimum wage should be raised, because they know that will mean more business. All of these concerns are just myths that any economist can fully dismiss.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … A potential issue that we should be wary of is that the minimum wage shouldn't be the same in every state, or perhaps we will have a case of inflation. The cost of living and taxes all vary by state. What's important is that minimum wage matches, or is slightly greater than each area's living wage.
      Loading …
    • Aramonde
      Saved!
      Aramonde
      Editing … "The majority of small business agree" "All of these concerns are just myths that any economist cabn fully dismiss" citation needed
      Loading …
    • Aramonde
      Saved!
      Aramonde
      Editing … To address your people wont get raises because the minimum wage is raised post. Again if you were making $15 an hour before the min wage increase doing more demanding labor why would you still do that harder job when you could get the same as fast food now?
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … For the first comment, here, the US Department Of Labor: https://www.dol.gov/featured/minimum-wage/mythbuster - for the second, fast food has no satisfaction and doesn't lead to a career in which you can earn more than minimum wage.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … Minimum wage is fucking awful news. People who didn't bother learning or going to school will be paid a lot of money to clean toilets, whilst the people who studied, went to college and paid a lot of money to get educated and get a skill will have to take the same money because companies just won't be able to afford to pay them more. It happened to me when I was 18, I'd just finished engineering college and minimum wage was introduced here in the UK. I had to be paid peanuts because firms just couldn't pay me more. Needless to say I quit engineering, but that's two years of my life and a lot of money wasted. There's literally zero incentive for people to go to college, they can just drop straight out of school and pick up enough money to comfortably live on. It's just going to lower the quality of the workforce.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … Minimum wage is nowhere near enough to comfortably live on, in the US it's not even a LIVING wage! If you were working at minimum as an engineer, it was only an entry wage. That's how careers are, you don't start and immediately find yourself at the top.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … But people who started the year before me started on £1 an hour more, they couldn't pay me that. I earned the same as labourers for a skilled job when older others the same got more.
      Loading …
    • Husky Wing
      Saved!
      Husky Wing
      Editing … If you were earning minimum wage, it was entry-level. Had you continued in that field, you would have earned more.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … Not if that company couldn't afford it.
      Loading …
    • Ed Kick
      Saved!
      Ed Kick
      Editing … Someone like McDonalds would never pay $15 minimum wage. That's like $5 more than current for same amount of production and the same level of work. That's what puts businesses out of business. McDonalds would fire as many people as possible and automate every single thing possible touch screens for ordering and drive through there's who knows how many jobs poof gone same for most fast food places. What about small businesses that are doing OK but not great are they going to be able to pay all there employees? No probably not. That's the reason in the article I posted to this conversation tons of jobs are being lost where minimum wage is $15. And like Nod said why go through college if a simple entry level job is $15 and hour why put in extra effort to climb up or leave to go somewhere where you can climb up? Most people wouldn't so then other jobs would have shortages because no one will want to work harder jobs if there getting paid $15 an hour at MCDONALD'S why do something way harder for say $18 Nod is exactly right.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … I've been there, so I know. The technicians at Jaguar here in Hull are only earning £10 an hour because the company needs to turn profit, it doesn't matter how big your company is either, each site must make money. How would McDonald's earn money when everybody in there is on 15 an hour? It wouldn't, not a chance.
      Loading …
    • Ed Kick
      Saved!
      Ed Kick
      Editing … And raising the minimum wage would absolutely cause inflation especially if it were raised to bloody $15. If say Tom's burgers entry level employees make $8.50 an hour and the sell a normal burger,fries and drink for say $8. Then suddenly they have to pay everyone at least $15 an hour which means the manager also needs a raise cause he was getting say $14 (don't get hung up on the random numbers it's just an example) now Tom is paying multiple times more for the same work say to keep making money he either has to let people go, go out of business or to make more money he has to raise prices so woo-hoo we make $15 dollars an hour but burger combo is now $13 bucks so he can keep the same profit margin he had to stay in business. So raising minimum wage (especially that high) most certainly causes inflation that's just basic economics.
      Loading …
    • Ed Kick
      Saved!
      Ed Kick
      Editing … But no one whats to hear that cause it's not fair. No it isn't it's the unfortunate truth of economics and life in general. But raising the minimum wage like this isn't the way to help poor (or poorer or lower class whatever the exact term or situation) this hurts them if McDonald hypothetically has 50 employees who are they getting rid of first? Those with the worst education the people who need it the most.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … But to turn the same profit margin they'll have to raise the price another 100% because the farmers that grew the cows need to pay their guys so the beef costs more and the drivers that brought it just had a pay rise so charge more to deliver it and the guy who works at the fuel staion the truck used to take the burgers had a pay rise too.
      Loading …
    • Ed Kick
      Saved!
      Ed Kick
      Editing … Nods right again. Why would the technicians at Jag work for $10 when McDonalds employees are making $15 they wouldn't. So either they quit or demand more then Jag loses money or fires people as well. And it's just a domino effect of "well if they are making that I should get more" that will go straight up and cripple business all along the way.
      Loading …
    • Ed Kick
      Saved!
      Ed Kick
      Editing … How do people not understand $15 minimum wage everywhere would send a shock wave through the economy and it would absolutely collapse upon itself in no time at all.
      Loading …
    • Nodley
      Saved!
      Nodley
      Editing … Probably because they don't currently earn $15 an hour and want to. If only they could understand they would be no better off! My company makes a loss on me, but they need me because I'm the only valeter, they make the money back on car sevicing and stuff. If they had to pay me another £5 an hour, a 50% payrise, they'd just cut their losses. Sending the customers cars back clean isn't worth making a huge loss.
      Loading …
Deleted!
  • Saved!
    (≡ˆ⊝ω⊝ˆ≡ )
    Loading …
    • Saved!
      Editing … (≡ˆ⊝ω⊝ˆ≡ )
      Loading …
  • Saved!
    Editing … (≡ˆ⊝ω⊝ˆ≡ )
    Loading …