Explain to me how raising minimum wage | Page 2 | TigerDroppings.com

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tigerman03
LSU Fan
Metairie
Member since Jul 2008
2510 posts

re: Explain to me how raising minimum wage


Then reduce the amount they receive. Make them ACTUALLY want/need to work.






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tigerskin
LSU Fan
Member since Nov 2004
10467 posts

re: Explain to me how raising minimum wage


Well of course I agree with that as well.





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JawjaTigah
UNO Fan
South of Tampa
Member since Sep 2003
12142 posts

re: Explain to me how raising minimum wage


quote:

you'll need to understand democrat magic and unicorns economics
And the art of worthless bone-throwing to one of the lowest paid and most highly ignorant groups in the entire Demo voting bloc.






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ThaBigFella
LSU Fan
baton rouge
Member since Apr 2006
2043 posts

re: Explain to me how raising minimum wage


I must say as someone in the convenience store business...as an owner of 4 shops with 96 operating hours a day in total a $1.50/hr increase will hit me with about $150/day increase and that would in turn probably come in the form of a tiny across the board increase of snacks and drinks....pretty nominal stuff but yes inflation is a tax that hits the poorest the hardest





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Friedrich Nietzsche
Boise State Fan
Member since Apr 2009
753 posts

re: Explain to me how raising minimum wage


Good for Families: According to economist James Galbraith, raising the minimum wage would raise the incomes of 28 million Americans. Women would particularly benefit because they tend to work for lower wages than men. As Galbraith sees it, raising the minimum wage is family friendly policy:
“With more family income, some people would choose to retire, go back to school, or have children, making it easier for others who need jobs to find them. Working families would have more time for community life, including politics; Americans would start to reclaim the middle-class political organization that they once had. Because payroll- and income-tax revenues would rise, the federal deficit would come down. Social Security worries would fade.”
Good for Economic Recovery: To get the economy back on track, spending power has to be in the hands of those who actually spend in the real economy. That means regular people, not the super-wealthy who tend to hoard wealth or invest in financial products. The minimum wage story is not just a story about income inequality, but rather it’s about an elite that has hijacked the economic system and made it work less productively than before while redistributing more of what is working to themselves.
The problem with our economy today is that the growing gap between the real wages and productivity has violated the traditional relationship between real wages and consumption. So if the productivity of each worker is rising strongly, yet that worker’s capacity to purchase (the real wage) is lagging badly behind – how does economic recovery which relies on growth in spending sustain itself?
Which is why policy should be more directed toward programs that increase the minimum wage and less of discredited neoliberal “trickle-down” economics. Trickle-down economics is largely counterproductive because it shifts more resources into the hands of those who have less propensity to spend and keep the economy moving.
Helps People Get Out of Debt: During the early part of the post-war period, particularly the 1950s and 1960s, entrepreneurship was more concerned with building productive capacity and putting workers to work actually making useful things as opposed to creating financial Frankenstein products like credit default swaps.
As our economy has become increasingly directed toward Wall Street and the so-called FIRE (finance, insurance, real estate) sectors, more wealth has migrated to the top 1 percent. On top of that, real wages have increasingly lagged behind the growth in productivity. It is also clear that hours worked and persons employed in the “productive” sector have been in decline over the last few decades.
Prior to the 1970s, when flawed neo-liberal ideas started to gain prominence, the growth of real wages largely tracked productivity growth, which meant that as the productive capacity of the system expanded, the capacity of the workers to maintain consumption standards out of wages also grew in proportion. There were high incomes produced, but these typically came from success in building things and spreading the gains (somewhat to workers).






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themunch
LSU Fan
At home/ at work/ it's all the same
Member since Jan 2007
11659 posts

re: Explain to me how raising minimum wage


The 'middle class' does not work for minimum wage.





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TerryDawg03
Georgia Fan
The Deep South
Member since Dec 2012
2037 posts

re: Explain to me how raising minimum wage


It creates a labor shortage of minimum wage earning jobs.





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LSU316
LSU Fan
Frog City Baby!!!
Member since Nov 2007
10893 posts

re: Explain to me how raising minimum wage


Raising minimum wage shrinks the economy damn near every time.





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ScoopAndScore
baton rouge
Member since Oct 2008
7782 posts

re: Explain to me how raising minimum wage


Because the Dems consider people making minimum wage the middle class now. And also anyone who's not a millionaire/billionaire. Apparently the so called 99% is the middle class now. It's the core of liberal politics. We are all the same!





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RCDfan1950
LSU Fan
United States
Member since Feb 2007
11245 posts

re: Explain to me how raising minimum wage


quote:

Explain to me how raising minimum wageIt's a zero sum game. You can't make people understand this. Everything goes up as a result, buying power is the same. Not to mention, lay offs typically follow a forced minimum wage increase. Also, it's not just the employees making minimum wage that get an increase. Those making above minimum wage start bitching for a raise. It doesn't help, of course, it helps liberals feel good about themselves.


It would be better to give WORKING people food stamps, instead of a 'raise'. In fact, productive work should be a QUALIFIER for forms of government subsidization.







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themunch
LSU Fan
At home/ at work/ it's all the same
Member since Jan 2007
11659 posts

re: Explain to me how raising minimum wage


Because the Dems consider people making minimum wage the middle class now.

Apparently so, and is terribly miss-leading. Then again the whole liberal mindset and philosophy is doing it wrong to make it right.








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ApexTiger
LSU Fan
cary nc
Member since Oct 2003
31081 posts

re: Explain to me how raising minimum wage


I ran into a retired union worker at Lowes...he lectured me on the difference between living wages and min wages.

"a man cannot live off min wage"...

I kept saying "and your point sir?"

He said, a man working all day should be able to feed his family, pay his bills etc...."he can't do that anymore, not with min wages"

I kept saying that these McDonald's jobs are not meant to be for a grown man with 4 children and a housewife to live in the middle class.

I said, "Are you prepared to pay 20 dollars for your hamburger?" He said "yes"!






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doubleb
LSU Fan
Baton Rouge
Member since Aug 2006
6884 posts

re: Explain to me how raising minimum wage


Raising the minimum wage is so important that despite advocating its increasw when he ran for POTUS in 2008, Obama decided to wait til now to talk about it again.

Once again we see symbolism over substance. When the Democrats under Obama could have raised the minimum raise in 2009, they didn't even try.

They use minimum wage as a wedge issue. They don't really want to raise minimum wage; they just want to talk about it so they can hammer the GOP.







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KT70
LSU Fan
Baton Rouge
Member since Jun 2011
1272 posts

re: Explain to me how raising minimum wage


quote:

helps the middle class?


It doesn't but it does throw more breadcrumbs to his sheep followers!






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hawkster
Member since Aug 2010
5062 posts

re: Explain to me how raising minimum wage


When Obama says "help the middle class", it simply means take money from working people and give enough of it to society's slackers to make them middle class.

Anytime you hear Obama promoting the middle class, that is precisely what he means.






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RolltidePA
Alabama Fan
North Carolina
Member since Dec 2010
294 posts

re: Explain to me how raising minimum wage


Pretty simple, It's a throw in for the unions. Most union pay scales, at least in the north and midwest, are tied to the minimum wage. As minimum wage goes up so does the pay of union members, usually non proportionally and by percentage.

This has been why union reps are always the first to get behind minimum wage increases. It's a simple way for unions to gain an advantage.






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

re: Explain to me how raising minimum wage


quote:

This might be one of the few areas I agree with Democrats. There should be a big difference between what those who work everyday make and what the leeches who do nothing all day make from handouts.


And when welfare and food stamp benefits increase to make sure those people can have the same standard of living.

What then?






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Bayou
LSU Fan
Arizona Desert
Member since Feb 2005
24206 posts

re: Explain to me how raising minimum wage


It creates a larger market for illegal immigrants looking to do anything for anything. As long as the Dems refuse to seriously do anything about sealing our borders we'll be flooded with illegals.





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Oenophile Brah
LSU Fan
The Edge of Sanity
Member since Jan 2013
5555 posts

re: Explain to me how raising minimum wage


It doesn't. 50% of minimum wage earners are teenagers. Which also enjoy the highest rate of unemployment in the nation. Just another straw man to be demolished by Obama.

LINK






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PillageUrVillage
LSU Fan
Mordor
Member since Mar 2011
3530 posts

re: Explain to me how raising minimum wage


Unskilled workers will be priced out of a job. If you aren't worth paying $9/hr for doing something that isn't worth paying someone $9/hr to do, you won't find work.





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