Raising minimum wage...how is this supposed to help?

[wrcRS]

Minimum wage did not kill jobs.

Based on your arguement, which is somewhat correct, MOST jobs in america are sent over sea's because the cost of labor is too much for business' to accept (MW and working class wages.) Gotta get our bonus. Everything will become more and more streamline in business, that is encouraging for investors and health of a business. But personal responsibility MUST be encouraged. Allowing our current economic health to effect college students and people in middle america by causing them to work two jobs or work more than they can handle and still succeed in school or life is not acceptible. Its really easy to see things one way when you own a porsche or a sports car (no disrespect to anyone.)

I still see no real arguement that rising wages causes increases in living expenses. Living expenses raise no matter what.

[Racerbvd]

Originally posted by wrcRS
Minimum wage did not kill jobs.

Based on your arguement, which is somewhat correct, MOST jobs in america are sent over sea's because the cost of labor is too much for business' to accept (MW and working class wages.) Gotta get our bonus. Everything will become more and more streamline in business, that is encouraging for investors and health of a business. But personal responsibility MUST be encouraged. Allowing our current economic health to effect college students and people in middle america by causing them to work two jobs or work more than they can handle and still succeed in school or life is not acceptible. Its really easy to see things one way when you own a porsche or a sports car (no disrespect to anyone.)

I still see no real arguement that rising wages causes increases in living expenses. Living expenses raise no matter what.

Well, if you want people to get a better wage, why don't you start a business and start them off at a higher rate. Seems no matter what anyone says, how many examples you are given, you still aren't going to listen to the people who own & run business.

[fastpat]

Originally posted by widebody911
Your scenario assumes an abundance of jobs, so employers would have to compete for workers by offering higher wages. When it's the other way 'round, the employer will tell the would-be worker to pound sand.

Let's try another scenario: what if we reduced MW to $1/hr? How many employers would drop wages to that level, and how many employees would they retain?

You could drop the MW to zero, where it should be Constitutionally, and it would affect almost no one.

[lendaddy]

Originally posted by fastpat
You could drop the MW to zero, where it should be Constitutionally, and it would affect almost no one.

When you say zero I assume you mean non-existant, because in reality there are jobs people would pay to have.

[fastpat]

Originally posted by lendaddy
When you say zero I assume you mean non-existant, because in reality there are jobs people would pay to have.

Yeah, I know, circumsizer in the elephant cage at the zoo. A chance to get ahead, and lots of tips.

[lendaddy]

Originally posted by fastpat
Yeah, I know, circumsizer in the elephant cage at the zoo. A chance to get ahead, and lots of tips.

I was thinking topless dancer at the cheetah club in Vegas, but hey, whatever floats yer boat

[snowman]

Those jobs are already here. Try a bellhop at a big name hotel.

[fintstone]

Originally posted by widebody911
Your scenario assumes an abundance of jobs, so employers would have to compete for workers by offering higher wages. When it's the other way 'round, the employer will tell the would-be worker to pound sand. ..

It assumes an abundance of jobs...because that is the case. Why would you want to start with a fictional assumption?

[fintstone]

Originally posted by wrcRS
Minimum wage did not kill jobs.

Based on your arguement, which is somewhat correct, MOST jobs in america are sent over sea's because the cost of labor is too much for business' to accept (MW and working class wages.)...

Why else would a manufacturer incur the cost of moving their facility to another country...other than to make more money?

[fintstone]

Originally posted by wrcRS
Minimum wage did not kill jobs.
...I still see no real arguement that rising wages causes increases in living expenses. Living expenses raise no matter what.

When the minimum wage goes up, I intend to raise the rents on all my lower-end rentals...I assume most other landlords will as well. Seems to me that it will certainly increase expenses for those folks...I hope, for their sake, that they are getting a raise too. I should be able to raise rents by at least 25%.

[Superman]

Brilliant, Fint. Those folks will be making MORE THAN A THOUSAND DOLLARS PER MONTH. I guess that's your signal to tap into the excess wealth. You certainly have a keen understanding of economics.

[john70t]

Let's see.....
$7.25 x 160hr= $1160 per month
-$600 rent=$560
-$200 gas=$360
-$60 car insurance=$300
-$300 food= $0

-$500 basic health insurance= -$500/mo

[SlowToady]

Originally posted by john70t
Let's see.....
$7.25 x 160hr= $1160 per month
-$600 rent=$560
-$200 gas=$360
-$60 car insurance=$300
-$300 food= $0

-$500 basic health insurance= -$500/mo

You forgot to deduct for Income Tax. Come on man it's America, all you have to do is die and pay taxes:-D

[Racerbvd]

Originally posted by john70t
Let's see.....
$7.25 x 160hr= $1160 per month
-$600 rent=$560
-$200 gas=$360
-$60 car insurance=$300
-$300 food= $0

-$500 basic health insurance= -$500/mo

He can save money be using public transportation or alturnative trans, and he he shops and fixes his own food, uses coupons ect, that food bill will be much less than $300.
Lets not forget government assistance, = help with rent, food stamps ect and at that rate, they aren't paying taxes. And no one said that he couldn't work more hours or more than one job.

[fastpat]

Originally posted by SlowToady
You forgot to deduct for Income Tax. Come on man it's America, all you have to do is die and pay taxes:-D

They won't be paying income tax, state or federal. Further, this "man" will likely be a single person about 17 or 18 years of age, and will only remain at minimum wage (were assuming he found one of these rare jobs, most pay more) for about 6 months.

I don't see a problem.

[Superman]

Pat, you haven't been following this thread, have you. This mythology about minimum wage workers being 17-18 years old will never die. Even when folks know that's not true, they'll continue pretending it is. At least, that's what it looks like. Because it's simply not true.

[lendaddy]

Originally posted by Superman
Pat, you haven't been following this thread, have you. This mythology about minimum wage workers being 17-18 years old will never die. Even when folks know that's not true, they'll continue pretending it is. At least, that's what it looks like. Because it's simply not true.

Remove those with tip income and what is the average age Sup?

Talk about misleading, you gotta straighten up on this one Jim. Just because a misleading statistic makes what you believe to be an admirable and useful point does not make it right to use it.

The real question is how many people really live on minimum wage+ gov assistance only.

[john70t]

"Oh man, my brothers bleeding on my floor after the car crash, and the hospital only takes cash. Hey, that guy has got a nice Porsche, let's jack him"

[fastpat]

Originally posted by Superman
Pat, you haven't been following this thread, have you. This mythology about minimum wage workers being 17-18 years old will never die. Even when folks know that's not true, they'll continue pretending it is. At least, that's what it looks like. Because it's simply not true.

It's been well and truly proved, beyond doubt, that what I posted is in fact true.

The only mythology here is those that continue to think that socialist activities will continue to work if only we have enough people that believe in them. Click those ruby slippers together, Kansas will be here soon.

I posted the information necessary to see through the bunk that alleges the minimum wage is only a positive thing, when the exact opposite is true.

Here it is again, What you need to know about the minimum wage.

[fastpat]

Originally posted by john70t
"Oh man, my brothers bleeding on my floor after the car crash, and the hospital only takes cash. Hey, that guy has got a nice Porsche, let's jack him"

That guy over there is Rick Lee, and you'd be dead.

There are no hospitals in America that are cash only to my knowledge, at least none that you'd go to as a trauma victim.

I think it's important to notice that those supporting the miminum wage have to resort to worst case scenarios, but no facts, to bolster their case. That's always been the case with these government funded, socialist scams.