What Bernie Sanders Gets Wrong About Raising The Minimum Wage

[5n0man]

Why don't we "reasonably scale in" a huge increase in your rent

They've been doing exactly that for years with no increase to wages.

The cost of living has been steadily rising despite wages being stagnant.

I'm tired of brehs saying that these few people that own more than half of the wealth on this planet telling everyone they can't afford to pay more.

 

[Spanky 6000]

Cat payment must be an Ohio thing. I am a banker who has worked with many small businesses. I understand their plight and I agree regulations cant be some one-all for big business and small business or even geographically speaking. But the minimum wage is too low and I don't think 12 scaled in over the next 5 years or so is ridiculous. Has it been a disaster in Seattle? No.

You live in New York. $15 in New York is a lot different than $15 in Ohio or Louisiana or Texas or Iowa.

 

[☑︎#VoteDemocrat]

They've been doing exactly that for years with no increase to wages.

The cost of living has been steadily rising despite wages being stagnant.

I'm tired of brehs saying that these few people that own more than half of the wealth on this planet telling everyone they can't afford to pay more.

Do you know anyone that owns a business?

 

[Wild self]

They've been doing exactly that for years with no increase to wages.

The cost of living has been steadily rising despite wages being stagnant.

I'm tired of brehs saying that these few people that own more than half of the wealth on this planet telling everyone they can't afford to pay more.

But they artificially raise rent and price of food, but keep wages low. But we not allowed to speak against that

 

[rapbeats]

What would you say to the millions of people who would lose their job if a $15 minimum wage was established and they were priced out of the labor market?

How does putting people out of work help them?

i'll tell them the same thing i tell the people who had crap health insurance or non at all complaining about the ACA. the insurance you had was so bad you might as well have saved that $150 per month. cause if anything were to happen to you above a paper cut. your insurance would bail on you and make you foot the entire bill.

what i'm saying is this. if you lose your 8 dollars and hour job. WHO CARES, you are homeless making that wage if you really have to hold it down for yourself and a kid or two. you are homeless. so if you're going to be homeless working your tail off. you might as well hit up general relief, get that ebt card and take some free classes to get your training up so you can make a decent living down the road.

at that point' you're not helping yourself or your kids. you are helping the company you work for an thats it.

the minimum wage needs to go up PERIOD.

will some lose jobs for small businesses and big trying to dodge the wage?YEP.

any small business going out of business due to this wage hike. means they need to learn how to set their business up based on a living wage. not a substandard wage.

this time i agree with the theory "the markets will correct themselves."

 

[OneManGang]

Quality of business also is affected when companies start releasing workers because they are cheap. If you can't afford to run your business while paying a living wage, you need to downsize said business or be out of the market.

 

[wire28]

I actually like bernie and the stans go in on me harder than they do Kingpin for this post

Spoiler

pause

 

[CACtain Planet]

If they dont have the requisite skills that the local market demands for being employed for a particular industry then ...increasing federal minimum wage to $15 will just drive more corporations across seas, especially with these supped up trade agreements that will be in place..you socialist/communist supporters fail to account for these issues when waving the palm palm for these unrealistic goals in this type of economy

@Swavy Karl Marx How does a Marxist account for Trade agreements that move factories overseas?

 

[Brown_Pride]

someone just read "My First Economics Popup Book" and feels enlightened.

 

[Tate]

@Swavy Karl Marx How does a Marxist account for Trade agreements that move factories overseas?

Little confused on what you're asking here. Outsourcing is just a particularly potent expression of the oppressive nature of capital, actively seeking out the weakest workers to exploit to greater ends. Which demonstrates the inefficiency of capital, making a product meant for one market thousands of miles away from that market to seek greater profit. Inefficient and an ecological catastrophe

Marxists favor free trade in theory, but in practice trade agreements are used to enrich elites and often only further impoverish and imiserate developing nations' workforces(see the collapse of Mexican corn farming post nafta). So most Marxist oppose these deals. Though Marxism is a very, very broad intellectual umbrella. Lotta disagreement over all things

 

[CACtain Planet]

Little confused on what you're asking here. Outsourcing is just a particularly potent expression of the oppressive nature of capital, actively seeking out the weakest workers to exploit to greater ends. Which demonstrates the inefficiency of capital, making a product meant for one market thousands of miles away from that market to seek greater profit. Inefficient and an ecological catastrophe

Marxists favor free trade in theory, but in practice trade agreements are used to enrich elites and often only further impoverish and imiserate developing nations' workforces(see the collapse of Mexican corn farming post nafta). So most Marxist oppose these deals. Though Marxism is a very, very broad intellectual umbrella. Lotta disagreement over all things

Ok so what I get out of this is that in the current American capitalist system, none of the Marxist ideas/programs that you advocate for can be implemented...It is not realistic for the simple fact that the constitution and the American polis is intertwined with capital.

 

[acri1]

This is one area I actually agree with Clinton on more than Bernie.

I'm for raising the minimum wage but I think $15 is too high, I think $12/hr is fine and localities can raise it more if they want.

 

[Tate]

Ok so what I get out of this is that in the current American capitalist system, none of the Marxist ideas/programs that you advocate for can be implemented...It is not realistic for the simple fact that the constitution and the American polis is intertwined with capital.

Not true, many of my favored ideas are very possible at some level in the present day even under a bourgeois framework. The problem here is that Capital offers globalism as a pseudo-internationalism.

 

[CACtain Planet]

Not true, many of my favored ideas are very possible at some level in the present day even under a bourgeois framework. The problem here is that Capital offers globalism as a pseudo-internationalism.

Ok, so what are those ideas? Keep it heavy with specifics to

 

[GSR]

the entire premise of this retarded article is completely invalidated by the simple proven fact of income inequality and how severe its gotten in the last decade.

this article is the easiest thing ever to refute.

the rich have been getting more & more money than everyone else especially the poor and yet look at the current state of the economy.


how is it even possible for people as moronic as the author of that article to find there way thru life much less find a job? the smartest thing that mfer can do is kill himself.