Obama raising the national Minimum wage to $9.00 Appreciation Thread

[Rarely-Wrong Liggins]

There will ALWAYS

Exactly. So minimum wage does need to be increased so these crucial elements of society can survive on at least the basic level.

 

[DaChampIsHere]

Yea but a McDonalds employee doesn't only spend their money at McDonalds. And only ~5% of American workers make at or less than minimum wage. Most importantly though, its not the responsibility of an owner/manager to stimulate the economy by paying employees more than their labor is worth. US has a lot of problems, but measures like this do more harm than good.

You're right. Everyone (minimum wage level) making more money in a community as a whole and therefore spending more is a bad thing and can definitely hurt the economy. True.

 

[kermit da hustla]

Minimum wage has raised the standard of living for millions?

Right. Where are those individuals right now? Capitalism has raised the standard of living for millions.

This isn't about being a "c00n", its common sense. Unemployment will be a constant issue in this country for the many next years. Anyone paying attention can see this, even without this wage increase.

It will not get better and this will not make it better. Please try to see that this is not against President Obama. I want to prosperity as much as anyone, but this is not the way.

As I said earlier, wages do not matter if prices are affordable. Why doesn't he institute price controls, wouldn't it be better? None of those things work, that is why. Please try to look beyond the initial and think about how this will affect everyone in 5-10 years.

If you think jobs are leaving America now, just wait. Why do you think a company would ship its operations all the way to China and India? Because they like dealing with the lauguage barrier, long distance, learning curve, intellectual property theft, etc. No one wants to go there. Companies are escaping high costs. These are the perverse effects this would cause. A very popular thing companies do is shorten hours. You are now part-time instead of full time. Gradually the call center goes overseas.

I was at McDonalds once very late at night. I went to order and an Indian sounding person took my order. I was in a very caucasian area. I pulled up to the window and I only saw white people inside. I was like wtf. Did someone in India just take my order at the drive through?

This isn't just economics, this is about business too.

If you own a business one of your toughest jobs will be to beat down costs. Cost always want to raise. If you don't pay attention to your costs, you will wake up one day and realize that you have been breaking even or not making any money at all. This would be an open assault on small business owners(don't care too much about corporations).

As usual corporations will take the hit and put smaller companies out of business, when their competitors are out cold they will raise prices. This is how those multinationals roll.

if you're a "small business owner" unable to shoulder the financial burden of a minimum wage hike, you should find another hobby.

everything you've written is apologetic drivel for rich a$$holes and wannabe ceos. it's not borne out by facts, since it's already been explained in this very thread that previous raises of the minimum wage did not adversely impact the economy.

you want to talk about "open assult" on small business owners? how about the ongoing assault on the poor by corporate america and pathetic apologists like you? do you get a cut of their profits? nope. are you paid to parrot the virtues of adam smith? nope. why do people like you come to the defense of obscenely rich a$$holes that fleece the middle class and starve the poor?

 

[Rawtid]

Exactly. So minimum wage does need to be increased so these crucial elements of society can survive on at least the basic level.

I agree that minimum wage needs to be increased. I said that before.

 

[NonPareil]

Any proof of this or are you just talking out of your ass?


What the hell are you talking about?

Cost of living is going to increase regardless of anything.

To think the cost to live in this country should continue to rise and not the minimum amount to pay an employee?

I fail to see the consequences?

Proof that cost of living varies state to state? Have you never traveled? 9 in california is slave wages. 9 in a lot of the midwest can set up a comfortable, albeit not thriving, life. People forget theres life outside the coastlines

I dont mind raising it i just dont think it should be a federal baseline

 

[TLR Is Mental Poison]

I'm stupid. Find me non partisan sources with charts, graphs and statistics that will help me understand better.

If you can't understand simple logic (higher operating costs = less profit at current prices -> higher prices to maintain profitability), how are you going to make heads of tails of charts/graphs/statistics? How are you going to discern whether a source is partisan or not?

Exactly. So minimum wage does need to be increased so these crucial elements of society can survive on at least the basic level.

Minimum wage has never been a living wage. If it was McDonalds workers in my neighborhood would be making $30/hr by law.

 

[TLR Is Mental Poison]

You're right. Everyone (minimum wage level) making more money in a community as a whole and therefore spending more is a bad thing and can definitely hurt the economy. True.

You're oversimplifying a lot. If it were as simple as "pay workers more, get more money back", there wouldn't be a need for minimum wage laws. Employers would pay workers as much as possible.

 

[TLR Is Mental Poison]

This may be true, but these jobs were always in demand no matter the economy.

All the more reason for more people to try to get them.

Plus, you need money to squire the skills needed for these jobs and we are talking About people who are out of working and looking for work

"Scared money don't make none"

I dont know about you but I would rather take a risk on an education guaranteed to get me a good job than forego that and be subject to minimum wage laws and economic cycles. And in any case there are ways to manage and minimize the costs of education.

 

[Rarely-Wrong Liggins]

If you can't understand simple logic (higher operating costs = less profit at current prices -> higher prices to maintain profitability), how are you going to make heads of tails of charts/graphs/statistics? How are you going to discern whether a source is partisan or not?

Minimum wage has never been a living wage. If it was McDonalds workers in my neighborhood would be making $30/hr by law.

So what you're saying is that you can't provide any documented evidence of an obvious consequence to a minimum wage hike?

 

[Trip]

if you're a "small business owner" unable to shoulder the financial burden of a minimum wage hike, you should find another hobby.

everything you've written is apologetic drivel for rich a$$holes and wannabe ceos. it's not borne out by facts, since it's already been explained in this very thread that previous raises of the minimum wage did not adversely impact the economy.

you want to talk about "open assult" on small business owners? how about the ongoing assault on the poor by corporate america and pathetic apologists like you? do you get a cut of their profits? nope. are you paid to parrot the virtues of adam smith? nope. why do people like you come to the defense of obscenely rich a$$holes that fleece the middle class and starve the poor?

Youre talking out of both sides of your mouth here. First, you think if small business owners arent raking in enough profits to shoulder Obama Care and the minimum raise hike- they should go out of business?

Where should these people work? The corporations you're accusing of putting small business out of work the next paragraph?

 

[DaChampIsHere]

You're oversimplifying a lot. If it were as simple as "pay workers more, get more money back", there wouldn't be a need for minimum wage laws. Employers would pay workers as much as possible.

I just told you that you were right. And of course the metaphorical example you just used was spot on as well.

If McDonalds wanted to pay unskilled employees $20 an hour and drive their prices up, I'm sure many people would stick around to pay a proportional increase for that grade A, quality McDonalds meat.

 

[MooseMouthMthafuga]

fukk this shyt.



Between the Social Security going up 2% and cutting 30 bucks off my check every week.


The price of gas and transporting goods....FOOD


My company wanting us to pay for our own benefits....90 bucks a week



I'm about to be out of 120 dollars a week....500 a month


I make way above 9.00 dollars a hour, but these muthafukkas keep taking from me.

Minimum wage muthafukkas are going to be eating better than me pretty soon

 

[CrimsonTider]

Putting money into training people to be above minium wage earners, will be better than raising the minimum wage and having to sustain their households with government aid. Money is going to be spent either way and training is a long-term solution, IMO.

the government does put money into training

Free GED, student loans, tax breaks for education expenses, etc

 

[Danie84]

Is this similar to Obamacare, because I'm still waiting to see the difference in my medical coverage.

 

[69 others]

our resident coli economists could sit around all day theorize and talk out the ass about how much the minimum wage would cause inflation, unemployment, cost of food to go up etc but empirical data shows no such thing. not only here but even in the uk

"Minimum wage effects across state borders: estimates using contiguous counties", by Arindrajit Dube, T. William Lester and Michael Reich, The Review of Economics and Statistics, November 2010

"Minimum wages and wage inequality: Some theory and an application to the UK", by Tim Butcher, Richard dikkens and Alan Manning, October 2012

"Why has the British national minimum wage had little or no impact on employment?", by David Metcalf, CEP Discussion Paper No 781, April 2007