It's high-time that we doubled the National Minimum-Wage in America

To at least $15 an hour. Enough is enough ... !


From the Economist: Why American cities are raising the minimum wage - excerpt:

 

I know this sounds kind of ironic, but a higher minimum wage does have negative impact on the poor who are unable to work. Because higher labor costs do end up translating into higher prices (although recognizing the one is not in direct proportion to other).

Some economists argue that a higher minimum wage could put more disposable income into the hands of low-income workers over the long term. However, this is a reason to advocate very gradual incremental increases in the minimum wage, if it's going to be done. Because otherwise a single sudden hike could end up causing unemployment if the consumer spending level doesn't have a chance to catch up.

 

So in this plan of the OPs will people making $15 today be making over $22 dollars an hour?


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I also think it would be important to have a lower level minimum wage level set for very young workers and very old workers, and handicapped people. Otherwise the groups that are typically seen as less desirable to employers could end up being marginalized.

 

Exactly I am.a big proponent of at least a two tier MW one for 16~18 year olds and a higher one for adults, but for some reason most on the left disagree..



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You know I do wonder whether there would even be a need to set a minimum wage if the U.S. population over the last 3 decades hadn't increased by 35 percent. It's all about supply & demand, as they say, and usually wage levels and working conditions naturally go up on their own when employers are forced to compete amongst themselves for a limited pool of workers, when the labor force numbers are just slightly less than the numbers businesses want to hire.

Of course this was intentional. (No coincidence unions don't have the clout they once wielded in the 70s)

 

or if the liberals had not invited in 30 million illegals to take our jobs and bid down our wages and shipped 20 million jobs to places like China with other idiotic liberal policies

 

Why are there two threads essentially titled the same?

It's high-time that we doubled the National Minimum-Wage in America!
It's high-time that we doubled the National Minimum-Wage in America

I agree, there should be a minimum wage, except that it should be zero. There should be no government, Federal, State or local mandatory minimum wage at all. A person should be allowed to work for no pay at all should they desire to do so, and all wages should be what both the employer and employee are willing to accept paying and receiving. Payment for labour, both physical and mental should relate ONLY to the work to be performed, the value the employer is willing to expend and the willingness of the employee to perform it.

 

Why do you agree, and what is the advantage to all that freedom??

 

the left are communists. MW intervention is just one of 1001 interventions they want because they lack the IQ to understand capitalism and freedom as demonstrated by East/West Germany and 132 other examples.

 

consumer level does not catch up unless they get some welfare too!!!!

 

Yeah lets make it even harder for entry level employees get a job.

While we're at it, let's bring people currently making more than minimum wage down to where entry level workers are.

 

Essentially a minimum wage of zero is the elimination of a minimum wage.
All what freedom? You remain free to work or not work, but what you are paid or what you pay another should be the result of you, in the case of being an employee, consumer or employer is left to be determined by you alone to accept or decline based solely on your needs/wants and the means you are capable of producing as a result of your labour/legal activities.

 

a good idea!! Walter Williams PHD is fond of telling us how young black men in the 1950's, before minimum wage ,had lower unemployment that whites. Now thanks to MW and other sweet and caring liberal interventions black young men experience unemployment 3 times higher than white young men.
why isn't liberalism illegal???

 

the freedom to take any job you can get at any pay you can get and the freedom to offer any jobs you want at any pay you want. What is the advantage to freedom and capitalism?

 

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

 

if you doubled the minimum wage 42% of Americans would be earning it and thus most would have no incentive to improve their job skills. This is a formula for making America a 3rd world country.

 

Per the bls.gov, 1.532 million hourly workers earned the minimum wage of $7.25 while nearly 1.8 million workers earned less, for reasons of exemption, resulting in a total of 3.3 million earning the minimum wage or less.
With about 156 million currently employed minimum wage or less workers account for about 2% of the total workforce.
Your claim requires one to make numerous assumptions.
1. Would doubling the minimum wage to $14.50 result in all current minimum wage earners retaining their jobs?
2. Would those who had been earning greater than the minimum wage up to $14.50 an hour not demand and possibly receive a raise or perhaps some of them even see their jobs eliminated and become performed by the newly increased minimum wage earners?
3. Would raising the minimum wage not create a domino effect resulting in wages being increased all the way to the top?
Where and how did you come up with the number 42%?

As we seem to have come to accept debt as wealth, America the U.S.A. that is, will always be able to claim to be the richest 3rd world country. If we keep going in the same direction I expect those living in the year 2100 will be demanding an increase of the minimum wage from about $60 an hour to a much needed $120 an hour, assuming we can last as a nation another 100 years.

 

imagine one country where you earn more by being worth more and another where you earn more by having libcommie govt steal it for you from those who are worth more.

Which country will thrive and which will kill all incentive to thrive?

 

Raising the minimum wage always results in unemployment. How people still don't get this is beyond me.

 

See, "minimum wage" is - first of all - not an actual thing. It is just a political term used to lure the voter into thinking salaries go up. However, no one has ever gotten a raise from an increased minimum wage because what a 'minimum wage' actually is, is just a standard that sets a limit to what is ought to be legally allowed. This is nothing near the same thing as "raising salaries". Consuela making "below minimum wage" will be making 0$ once the minimum wage is implemented. You happy now? You just made a happy, hardworking mother permanently unemployed.

A 'minimum wage' of x$ means that it becomes illegal to hire for anything below that standard. This is, as you should be able to tell, a great way to kill small business and ensure the unskilled and unprivileged are kept out of the workforce (which was the actual purpose of a mw in the first place).

'Minimum wage' is an illegalisation of jobs and if that does not sound obscure to you, you must be quite obscure yourself. Thus, the implementation of a 'minimum wage' will never create new jobs or bigger paychecks. It can only lead to the opposite.

Why do proponents of 'minimum wage' always settle for small limits like 15$ and 20$? Why not set the 'minimum wage' at 1M$ while you are at it? - "Everyone has the right to be a millionaire!" If you can see why this argument makes no sense and completely lacks logic, you should be able to see why any other 'minimum wage' does not make any sense either.

 

liberals have no trouble whatsoever denying the law of supply and demand. rather than admit their ignorance and inability to understand the subject they simply deny the existence of the subject .

 

Good point!! Actually the minimum wage is $0.00 which is what you get if you are not worth $ 5 10 or $15 to an employer.

Similarly if you're a computer software engineer you mind get $50 an hour simply because you're not worth $100 an hour to an employer.

 

Rant, rant, rant. BALONEY! In 1968 when the minimum wage was, in today's dollars, about $10.50, there were small businesses. If we raise the MW to $11 today, --guess what! -we'll have small businesses.

"No one has ever gotten a raise from an increased minimum wage"???? BALONEY! Facts are completely contrary to your rant. That's why you didn't post any support for what you said.

 

How is a small business that has just opened going to be able to afford employees? Furthermore, this is a false correlation that does not say much at all. Part of the explanation in what you wrote is - probably - to be found in taxes. Bet there are, at least, 200 taxes more today than there were 50 years ago.

Sorry, but the facts and science speak against you.