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Message
Can raising the minimum wage help lower the welfare numbers?
Posted on 1/29/14 at 1:32 pm
Posted on 1/29/14 at 1:32 pm
Why work for $7+/hr when you can make the same living off the government?
maybe $10/hr will change some of these people minds
maybe $10/hr will change some of these people minds
15
Posted on 1/29/14 at 1:33 pm to Choctaw
quote:
maybe $10/hr will change some of these people minds
lol
Posted on 1/29/14 at 1:35 pm to Fun Bunch
i know....it's a stretch
Posted on 1/29/14 at 1:35 pm to Choctaw
pretty much I'm sure you'll get a lot of economics majors answering your question.
Posted on 1/29/14 at 1:35 pm to Choctaw
Wages will rise, then costs of business, goods, services, and labor will rise accordingly. They'll be begging for another increase in 2 years maximum. Nothing changes except the value of the dollar.
Posted on 1/29/14 at 1:35 pm to Choctaw
No, it still comes down to total benefits vs. working. In NY the minimum wage would have to be $15 an hour to equal welfare. And that would be a wash. If you offer me $20K in welfare benefits to stay at home vis-a-vis $30K to work minimum wage 40 hours a week...then I'm making a judgment on 'is the 10K difference worth my life of total leisure? No, it's not.
Posted on 1/29/14 at 1:36 pm to Choctaw
it might, but it'll change the minds of the people running the businesses that hire them, too
Posted on 1/29/14 at 1:43 pm to lsutothetop
quote:
it'll change the minds of the people running the businesses that hire them, too
If we think youth unemployment is terrible now just wait until they jack up the minimum wage. Half the check out lines in every store in the country will be automated because it will be cheaper. I really think a lot of min wage work will simply disappear and be replaced with nothing.
Posted on 1/29/14 at 1:58 pm to ZereauxSum
No. Raising the min wage is just a way for the government to take in more taxes, allowing MORE people to get their free stuff!
Posted on 1/29/14 at 1:59 pm to Choctaw
Also have to consider that by raising minimum wage would require raises for other employees as well. If I am a mcdonalds manager making 15-16 buck an hour then all of a sudden some high school dropout on the fry machine is making as much as I am, where is my incentive to work? This is another reason why you can't simply raise minimum wage. It makes everything more expensive and we are back to the same problem we started with
Posted on 1/29/14 at 2:01 pm to Choctaw
Can raising the minimum wage help lower the welfare numbers?
just one study
quote:
We find that the minimum wage reduces equality for both loweducation (less than high school diploma) and relatively high-education subpopulations and
the between-group’s income distribution.
just one study
This post was edited on 1/29/14 at 2:03 pm
Posted on 1/29/14 at 2:25 pm to Choctaw
No, because the price of everything will rise to equal out to make up for the difference in wages demanded by the government. It will do so as people are cut from the payrolls of businesses. The result will be more bodies on the welfare/food stamp rolls than at present are there already existent.
Posted on 1/29/14 at 2:47 pm to CITWTT
Posted on 1/29/14 at 5:01 pm to Eurocat
My mind was slightly blown while in Oregon twenty years ago when I went to fill my gas tank, not self service there. The official pump operator had to do so as it was a mandated job that was mandated by the govt. of the state to curb unemployment rates.
Posted on 1/29/14 at 5:04 pm to CITWTT
I think New Jersey is the same way.
Posted on 1/29/14 at 5:05 pm to Tigerlaff
quote:
Wages will rise, then costs of business, goods, services, and labor will rise accordingly.
What do you mean by "accordingly" in that sentence?
Posted on 1/29/14 at 5:06 pm to Choctaw
No, because a lot of the people on welfare aren't good with money.
Posted on 1/29/14 at 5:23 pm to Choctaw
Yes. We're essentially subsidizing the McDs and Walmarts right now with the low minimum wage. We wouldn't have Obamacare if these organizations had offered their workers some sort of group hospitalization with a normal employer subsidy. Instead they put the burden on the taxpayers and the nuns.
This post was edited on 1/29/14 at 5:24 pm
Posted on 1/29/14 at 5:24 pm to Overbrook
Posted on 1/29/14 at 5:26 pm to Choctaw
quote:
Why work for $7+/hr when you can make the same living off the government?
maybe $10/hr will change some of these people minds
I think welfare is already paying out more than you think when you combine all the programs a person can qualify.
And no, lazy people will always take the free and easy money over having to work for it.
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