This year House Democrats proposed legislation to raise minimum wage - Page 4 - TigerDroppings.com

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ShortyRob
LSU Fan
Huntsville, AL
Member since Oct 2008
26534 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Serious question. Have you ever had a basic/simple economics class?

My 5 year old has a better crack at passing an Econ class next year than PortCity would EVER have.






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Turkey_Creek_Tiger
USA Fan
Turkey Crick, LA
Member since Dec 2012
11876 posts

re: This year House Democrats proposed legislation to raise minimum wage


so raising the minimum wage is always a good thing?





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PortCityGirl35
Louisiana Tech Fan
Shreveport
Member since Oct 2012
426 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Serious question. Have you ever had a basic/simple economics class?


Yes I have actually, but don't waste your time. I will never agree with you and that is my right as an American citizen.






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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
32053 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

My 5 year old has a better crack at passing an Econ class next year than PortCity would EVER have.



Thats what is so scary. This isn't even hard to understand. It is simple math. I can't imagine anyone with a high school diploma can take their position.






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I Love Bama
Alabama Fan
Alabama
Member since Nov 2007
32053 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

and that is my right as an American citizen


You do have a right to stay uninformed. People like you exercising that right is why our country is headed in the current direction. There are so many of you its scary.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
16188 posts

re: This year House Democrats proposed legislation to raise minimum wage


Dude nobody is as fricking stupid as she pretends, just a passive flaming troll. You will never get a definitive answer out of her.





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ShortyRob
LSU Fan
Huntsville, AL
Member since Oct 2008
26534 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Yes I have actually, but don't waste your time. I will never agree with you and that is my right as an American citizen
Yep. It is your right as an intesely stupid person to continue to be intesely stupid.

I see people like you and am relatively glad. I see just "one less person that will be competing with me or mine in the economy".

Oh. You may vote in someone to take some of my money and give it to you. But, you will never outcompete people like me. And for that, I'm grateful.






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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9485 posts
 Online 

re: This year House Democrats proposed legislation to raise minimum wage


quote:

I will never agree with you and that is my right as an American citizen.


What you don't seem to comprehend is that it isn't a simple matter of disagreeing on a contentious, debatable issue.

There is no denying that any theoretical benefits that would be gained by raising minimum wages to an arbitrary dollar amount would be offset by dramatic price increases. It's a fact that any basic economics class or book should have taught you.

What we are curious about is, how do you propose to stop such price increases? Are you in favor of price controls on all goods and services? If you answer these questions truthfully, then perhaps the disagreement can simply be one of ideology, which is a cover that you seem to be retreating to now.






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HailHailtoMichigan!
Michigan Fan
Mission Viejo, CA
Member since Mar 2012
11243 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

There is no denying that any theoretical benefits that would be gained by raising minimum wages to an arbitrary dollar amount would be offset by dramatic price increases. It's a fact that any basic economics class or book should have taught you.
If they offset, it means the law would have a neutral effect, meaning opponents would be in same position as proponents.






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ShortyRob
LSU Fan
Huntsville, AL
Member since Oct 2008
26534 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

There is no denying that any theoretical benefits that would be gained by raising minimum wages to an arbitrary dollar amount would be offset by dramatic price increases. It's a fact that any basic economics class or book should have taught you. What we are curious about is, how do you propose to stop such price increases? Are you in favor of price controls on all goods and services? If you answer these questions truthfully, then perhaps the disagreement can simply be one of ideology, which is a cover that you seem to be retreating to now.


You're talking to a single variable thinker. She has no ability to tie that variable to any ancillary results that may come from that variable. None whatsoever.

This is one of the problems in America today. There are many smart people on both side who can argue till the cows come home.

BUT

There are many people who confuse having a lack of knowledge with differring opinions. Shit, I once had a person argue with me about what the current tax rates were. He didn't believe it when I told him what they ACTUALLY ARE and when I was incredulous, he said he "had a right to his opinion" and that his "opinion" was as valid as mine.

As if what rates are was a matter of opinion.






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TrueTiger
LSU Fan
Chicken's most valuable
Member since Sep 2004
9983 posts

re: This year House Democrats proposed legislation to raise minimum wage


You serious Clark?





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Zahrim
Colorado Fan
McCamey Texas
Member since Mar 2009
4481 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Dude nobody is as fricking stupid as she pretends


If you look at her history, of the last few months that shew has been posting, she really is that stupid.






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rpg37
LSU Fan
Walls, MS
Member since Sep 2008
16510 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

They should just print $1M bills and give them to everyone. No one will go hungry again

Holy shite. Did we just solve world hunger?








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PortCityGirl35
Louisiana Tech Fan
Shreveport
Member since Oct 2012
426 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Numerous states raised their minimum wages higher than the federal level during the 1997-2007 period the federal minimum wage remained stuck at $5.15. Research by the Fiscal Policy Institute and others showed that states that raised their minimum wages above the federal level experienced better employment and small business trends than states that did not.

A series of rigorous studies by the Institute for Research on Labor and Employment at the University of California, Berkeley, significantly advances the research on minimum wage employment effects. Minimum Wage Effects Across State Borders compared all neighboring counties in the U.S. located on different sides of a state border with different minimum wage levels between 1990 and 2006 and found no adverse employment effects from higher minimum wages.

The Institute for Research on Labor and Employment’s Spacial Heterogeneity and Minimum Wages: Employment Estimates for Teens Using Cross-State Commuting Zones found “no discernable disemployment effect, even when minimum wage increases lead to relatively large wage changes.” Do Minimum Wages Really Reduce Teen Employment? analyzed the 1990-2009 period (an earlier version analyzed 1990-2007). Carefully controlling for more factors than previous minimum wage studies, the researchers found the answer is no.



This post was edited on 12/29 at 1:15 am


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rpg37
LSU Fan
Walls, MS
Member since Sep 2008
16510 posts

re: This year House Democrats proposed legislation to raise minimum wage


My other argument against it is how do you rationalize everyone else's pay. Let's just say minimum wage goes up from seven to eight dollars. Well, if you have a job where starting pay is $7 and it goes up 25 cents a year, do you arbitraily raise everyone's pay $1? Thus, increasing the payroll for an owner about 10%. Furthermore, with this increased fee, what will the owner do - he will likely release one of his workers to compensate the difference. So, yeah, 90% go up slightly and 10% go unemployed. Or, he reduces the hours of his workers and they work fewer hours to balance the difference.





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PortCityGirl35
Louisiana Tech Fan
Shreveport
Member since Oct 2012
426 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Selected Research in chronological order

Lawrence F. Katz and Alan B. Krueger, “The Effect of the Minimum Wage on the Fast Food Industry,” Industrial Relations Section, Princeton University, February 1992.

David Card, “Using Regional Variation in Wages to Measure the Effects of the Federal Minimum Wage,” Industrial and Labor Relations Review, October 1992.

David Card and Alan Krueger, Myth and Measurement: The New Economics of the Minimum Wage (Princeton, NJ: Princeton University Press, 1995).

David Card and Alan B. Krueger, “Minimum Wages and Employment: A Case Study of the Fast-Food Industry in New Jersey and Pennsylvania: Reply,” American Economic Review, December 2000 (in this reply, Card and Krueger update earlier findings and refute critics).

Jared Bernstein and John Schmitt, Economic Policy Institute, Making Work Pay: The Impact of the 1996-97 Minimum Wage Increase, 1998.

Jerold Waltman, Allan McBride and Nicole Camhout, “Minimum Wage Increases and the Business Failure Rate,” Journal of Economic Issues, March 1998.

A Report by the National Economic Council, The Minimum Wage: Increasing the Reward for Work, March 2000.

Holly Sklar, Laryssa Mykyta and Susan Wefald, Raise The Floor: Wages and Policies That Work For All Of Us (Boston: South End Press, 2001/2002), Ch. 4 and pp. 102-08.

Marilyn P. Watkins, Economic Opportunity Institute, “Still Working Well: Washington’s Minimum Wage and the Beginnings of Economic Recovery,” January 21, 2004.

Amy Chasanov, Economic Policy Institute, No Longer Getting By: An Increase in the Minimum Wage is Long Overdue, May 2004.

Fiscal Policy Institute, States with Minimum Wages above the Federal Level Have Had Faster Small Business and Retail Job Growth, March 2006 (update of 2004 report).

John Burton and Amy Hanauer, Center for American Progress and Policy Matters Ohio, Good for Business: Small Business Growth and State Minimum Wages, May 2006.

Paul K. Sonn, Citywide Minimum Wage Laws: A New Policy Tool for Local Governments, (originally published by Brennan Center for Justice) National Employment Law Project, May 2006, includes a good summary of impact research.

Liana Fox, Economic Policy Institute, Minimum Wage Trends: Understanding past and contemporary research, November 8, 2006.

Paul Wolfson, Economic Policy Institute, State Minimum Wages: A Policy That Works, November 27, 2006.

Arindrajit Dube, Suresh Naidu and Michael Reich, “The Economic Effects of a Citywide Minimum Wage,” Industrial & Labor Relations Review, July 2007.

Jerold L. Waltman, Minimum Wage Policy in Great Britain and the United States (New York: Algora, 2008), pp. 17-19, 132-136, 151-162, 178-180.

Sylvia Allegretto, Arindrajit Dube and Michael Reich, Do Minimum Wages Really Reduce Teen Employment?, Institute for Research on Labor and Employment, Univ. of CA, Berkeley, June 28, 2008.

Michael F. Thompson, Indiana Business Research Center, “Minimum Wage Impacts on Employment: A Look at Indiana, Illinois and Surrounding Midwestern States,” Indiana Business Review, Fall 2008.

Sylvia Allegretto, Arindrajit Dube and Michael Reich, Spacial Heterogeneity and Minimum Wages: Employment Estimates for Teens Using Cross-State Commuting Zones, Institute for Research on Labor and Employment, Univ. of CA, Berkeley, June 25, 2009.

Arindrajit Dube, T. William Lester and Michael Reich, Minimum Wage Effects Across State Borders: Estimates Using Contiguous Counties, Institute for Research on Labor and Employment, Univ. of CA, Berkeley, August 2008.
Published by The Review of Economics and Statistics, November 2010.

John Schmitt and David Rosnick, The Wage and Employment Impact of Minimum-Wage Laws in Three Cities, Center for Economic and Policy Research, March 2011.

Sylvia Allegretto, Arindrajit Dube and Michael Reich, Do Minimum Wages Really Reduce Teen Employment? Accounting for Heterogeneity and Selectivity in State Panel Data, Institute for Research on Labor and Employment, Univ. of CA, Berkeley, June 21, 2010.
Published by Industrial Relations, April 2011.

Anne Thompson, What Is Causing Record-High Teen Unemployment? Range of Economic Factors Drives High Teen Unemployment, But Minimum Wage Not One of Them, National Employment Law Project, October 2011.






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PortCityGirl35
Louisiana Tech Fan
Shreveport
Member since Oct 2012
426 posts

re: This year House Democrats proposed legislation to raise minimum wage


My baby says you guys need to get a life. Good night





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ShortyRob
LSU Fan
Huntsville, AL
Member since Oct 2008
26534 posts

re: This year House Democrats proposed legislation to raise minimum wage


It is really amusing when people argue(or do studies) that say that changing the cost of doing businss has no effect upon any aspects of that business.

Look. Any study that says that outs the studier as a hack.

If the cost of my employees goes up it WILL without ANY frickING DEBATE do at least one of the following

1)Reduce the number of people I can hire
2)Increase how much I must charge for my product
3)Reduce the amount I can pay more qualified workers
4)Decrease how much I can expand

I could go on

Point being. Anyone that tells you that they can raise the min wage and NONE of that will happen is a moron or a liar. PortCity is a moron who listens to liars.






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austingator
Florida Fan
austin
Member since Jan 2009
5426 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

Please don't have kids.






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EZE Tiger Fan
Member since Jul 2004
23820 posts

re: This year House Democrats proposed legislation to raise minimum wage


quote:

What you don't seem to comprehend is that it isn't a simple matter of disagreeing on a contentious, debatable issue. There is no denying that any theoretical benefits that would be gained by raising minimum wages to an arbitrary dollar amount would be offset by dramatic price increases. It's a fact that any basic economics class or book should have taught you. What we are curious about is, how do you propose to stop such price increases? Are you in favor of price controls on all goods and services? If you answer these questions truthfully, then perhaps the disagreement can simply be one of ideology, which is a cover that you seem to be retreating to now.


Welcome back and WTF happened to you?






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