This year House Democrats proposed legislation to raise minimum wage | Page 3 | TigerDroppings.com

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Sentrius
USA Fan
Fort Rozz
Member since Jun 2011
22402 posts

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


quote:

What would happen to the cost of goods and services? Increase, decrease, or no change?


Increase a shite ton.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


Just like your bull shite story.





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jclem11
TCU Fan
Houston, Texas
Member since Nov 2011
2948 posts

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


quote:

This year House Democrats proposed legislation to raise minimum wage
If we raised minimum wage to 12-14 dollars an hour, then the lower income classes would have more money to spend in the economy,


They will not be better off because business will just increase prices to cover the increased wages. Artificially inflating wages just leads to, you guessed it, inflated prices.






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Queen
LSU Fan
383 miles from Death Valley
Member since Nov 2009
2763 posts

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


quote:

If we raised minimum wage to 12-14 dollars an hour, then the lower income classes would have more money to spend in the economy, which would create more demand for products and services, which would stimulate the economy.


I'll play. Let's say I own a business. I suddenly have to pony up an extra $5 or so per hour per employee. Plus I probably now have to pay their health care, but we'll forget that for now.

Odds are I'm not going to just lose money, I'll raise prices and pass the cost to the consumer. Probably the vast majority of my peers will too, and that little pay increase will look pointless soon enough. And there will be a nice little side effect of higher prices that won't go down.






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TigerPride10
Columbia Fan
Seoul, Korea
Member since Jul 2007
9505 posts

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


quote:

Increase a shite ton.


quote:

Sentrius


Shhh.... I wanted to hear the rationale.






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accnodefense
Kennesaw St. Fan
Member since Dec 2010
2104 posts

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


I posted this because liberal rag ThinkProgress said it was the most important bill blocked by Republicans this year. And of course the commenters in the comment section chipped in with their usual "GOP are in bed with the rich" comments

LINK /

quote:

House Democrats proposed legislation in June that would have raised the national minimum wage to $10 an hour, but Republicans blocked it. The minimum wage is currently $7.25 an hour, even though it would need to be raised to $9.92 to match the borrowing power it had in 1968. If it was indexed to inflation, it would be $10.40 today.






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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:

With your support of a minimum wage increase, do also propose legislation to prevent businesses from raising prices of their goods & services to cover this cost?


Prices fluctuate for many different reasons. How often has the minimum wage been increased in the last 20 years and how has it negatively affected prices?



This post was edited on 12/28 at 11:50 pm


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accnodefense
Kennesaw St. Fan
Member since Dec 2010
2104 posts

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


quote:

Prices fluctuate because for many different reasons. How often has the minimum wage been increased in the last 20 years and how has it negatively affected prices?


Every time minimum wage increases unemployment increases

Minimum wage increased in May 2008, what happened a few months later






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Sentrius
USA Fan
Fort Rozz
Member since Jun 2011
22402 posts

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


quote:

LINK


Those comments are awesome. I need to read think progress more for .






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


What I love about you trollcity, much like your fricked up somebody you know raising a family on min wage, this is horse shite too. Why don't you ever actually put forth a point always with the questions, well it's simple really you are a troll. Like fat chicks you are kinda fun to mess with but that's about it.





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ZZTIGERS
Miami (OH) Fan
Member since Dec 2007
11615 posts

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


quote:

Prices fluctuate because for many different reasons. How often has the minimum wage been increased in the last 20 years and how has it negatively affected prices?

You answer a question with a question? It was simple, do you support the government passing legislation to prevent price increases? How much control should they have?






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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:

Jbird


I love you too. R's like you love to berate the opposition, but when I ask you to explain your position or why republican ideals should matter to me, you only have passive aggressive comments, no answers. Maybe thats why you guys can't win?






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


quote:

You answer a question with a question?


That's all Trollshitty does dude.






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


Bwahahahaha you crack me up Troll.





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HailHailtoMichigan!
LSU Fan
Mission Viejo, CA
Member since Mar 2012
14347 posts

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


quote:

They will not be better off because business will just increase prices to cover the increased wages. Artificially inflating wages just leads to, you guessed it, inflated prices.
The increased prices are offset by the increased wages. But workers would still have more money to put into savings.






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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:

Bwahahahaha you crack me up Troll.


My mother always said what makes you laugh can also make you cry. I take it you've been crying since Nov. 6.



This post was edited on 12/29 at 12:04 am


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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


Naw unlike others I am not dependent on big daddy to take care of me.





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I Love Bama
Ohio State Fan
Alabama
Member since Nov 2007
33341 posts

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


quote:

PortCityGirl35


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






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Jbird
Iowa Fan
In Odramaville with EthanL
Member since Oct 2012
17093 posts

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


quote:

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

Jesus Bama good luck!






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I Love Bama
Ohio State Fan
Alabama
Member since Nov 2007
33341 posts

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


quote:

But workers would still have more money to put into savings.


Wrong. They would be paying MORE for goods and services and actually have LESS to put into savings. This isn't up for debate. It's a 100 level economics lesson.






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