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re: Arkansas Voted An Increase To The Min Wage - $11.00 Over 3 Years
Posted on 11/7/18 at 10:06 am to RogerTheShrubber
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.
1
Posted on 11/7/18 at 10:12 am to HeyHeyHogsAllTheWay
quote:
regardless of the fact that the minimum wage has steadily decreased over the last 50 years.
There is a correlation, add in the globalized economy while we are at it. The min wage is an artificial construct as well
Again, min wage jobs are virtually irrelavent. The hype for them by the far left overstates how many people are affected.
On top of that, with an average work ethic, relative sobriety and a GED no one will be working min wage for longer than a year. The key to escaping poverty is very simple in this country
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