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Message
re: Arkansas Voted An Increase To The Min Wage - $11.00 Over 3 Years
Posted on 11/7/18 at 9:52 am to HeyHeyHogsAllTheWay
Posted on 11/7/18 at 9:52 am to HeyHeyHogsAllTheWay
quote:
Go ahead and come back with a lame argument, but actual statistics prove that the federal minimum wage is worth 80% of what it was in 1968,
Probably in part because of downward pressure on wages due to a massive influx of low skilled labor from South of the border.
Increasing min wages leads to automation and the need for more imported, low skilled labor. Either way, it means higher unemployment
2
Posted on 11/7/18 at 9:54 am to RogerTheShrubber
What automation are you referring to exactly? Give a couple of examples
Posted on 11/7/18 at 10:06 am to RogerTheShrubber
quote:
Probably in part because of downward pressure on wages due to a massive influx of low skilled labor from South of the border.
Probably in large part due to that, Seems pretty obvious that you can't add 10M potential employees to the employee pool and not expect wages to drop.
quote:
Increasing min wages leads to automation and the need for more imported, low skilled labor. Either way, it means higher unemployment
But automation and immigration have already caused unemployement regardless of the fact that the minimum wage has steadily decreased over the last 50 years.
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