re: Arkansas Voted An Increase To The Min Wage - $11.00 Over 3 Years

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It's the same logic.

Why stop at $11?

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THis is such a lame argument

"Why not make the minimum wage $100"

Well duh frick stick because $100 an hour would make no more sense than the current $8.25 does.

My dad owns a small business in Arkansas , exactly zero of his 24 emmployees make less than $11 an hour anyway. As the link another person posted shows, VERY few adult workers are making minimum wage, which meanasraising minimum wage isn't going to cause very many employees to fire workers, cut hours, most employers won't even notice the increase because it won't even affect them.

But for the relatively few cheap asses out there who are not paying a reasonable wage, yes they will have to increase wages.

I don't have much sympathy for those people.

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The increase will make low-income workers worse off, not better, because it forces employers to cut back on hiring and hours to afford paying higher wages.

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So does an increase in oil per bbl. How does a state like Louisiana balance that? See what I mean?

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So does an increase in oil per bbl. How does a state like Louisiana balance that? See what I mean?

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I don't get your point here?

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voted yes on this though because I've little doubt that there are areas of the state where the minimum wage is all that is offered.

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Same reason I would vote for it.

Many on here love to rail against the economics of it. The issue nobody considers is that in urbanized areas, you have multiple companies offering competitive wages.

Many places across the country are very rural. There is no competition or incentive to raise wage beyond minimum. So you are stuck making low wages.

Night school programs are another solution to this, though it brings us back to the original problem, availability.

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Forcing the workforce to become more employable. A higher educated workforce is a great thing

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How are you going to force people to become employable or more educated?

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It’s funny because your lack of understanding of basic economic principles, most importantly, economies of scale.

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Correct. He's arguing against himself

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So you are stuck making low wages

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Only if you choose to.

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reasonable wage is for the employer and employee to determine. Not you, not me, not the govt.

If the employee agrees to $1 an hour, that’s his prerogative. You, I, nor the govt should dictate the terms of contractual employment between two consenting adults

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Do you even history bro? I mean seriously. We tried that, and it resulted in the employer deciding what was fair for them and the employee either accepting it or not having a job at all.

What's next are you going to argue that deciding on whether a company disposes of their chemical waste by dumping it into drinking water should be up to each company rather than the government?

We live in a society that has voted and decided that there needs to be certain checks on businesses because a business will always have THEIR best interest at heart above all else.

Sure it would be cheaper for McDonalds to hire illegals and pay them the $4 an hour cash under the table that they would be willing to work for then to pay the government mandated W2 wage. It would also be cheaper for them to gather their garbage up every night and just toss it in the street rather than paying a garbage bill every month. That doesn't mean it would be best for everyone else though.

Those two arguments are exactly the same.

IQ is normally distributed throughout society. If people have a reason to progress their learning, they will. To use your go to example, if fastfood moves to an automated process, then jobs in robotics will be available. If an organization is able to pay slave wages, they will never progress their processes, and exploit that advantage.

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We live in a society that has voted and decided that there needs to be certain checks on businesses because a business will always have THEIR best interest at heart above all else.

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Are you a socialist?

Yes, businesses always have their self interest at heart. They also need to attract employees through a competitive wage. When that wage rises above the viability of automation, they fire employees.