A selfish reason to want a $15 minimum wage

[spudea]

I just thought of a selfish reason to want a $15 minimum wage.

Yes lots of people would lose their jobs, especially in the customer service sector. But the people most likely to lose their jobs would be the least qualified, and those that are not worth it to the employer to keep around. The lazy, english challenged, druggies, high school drop outs, and the generally oblivious losers that don't care about other people. These people become unemployable. Meanwhile the hard workers and pleasant to interact with are rewarded.

Edit: This random selfish thought was only about wanting better customer service.

 

[Danke]

Think of the quality workers we would get if it was $100 an hour

 

[oyarde]

Everything would cost too much . Australia is an example .

 

[oyarde]

I guess I would be worth 33 an hour though instead of 20 . If Danke can get 100 , maybe he could buy me a drink

 

[Working Poor]

I would rather that they stop devaluing the currency by borrowing money from China.

 

[Root]

In truth, there is only one way to regard a minimum-wage law: it is compulsory unemployment, period. The law says, it is illegal, and therefore criminal, for anyone to hire anyone else below the level of X dollars an hour. This means, plainly and simply, that a large number of free and voluntary wage contracts are now outlawed and hence that there will be a large amount of unemployment. Remember that the minimum-wage law provides no jobs; it only outlaws them; and outlawed jobs are the inevitable result.

All demand curves are falling, and the demand for hiring labor is no exception. Hence, laws that prohibit employment at any wage that is relevant to the market (a minimum wage of 10 cents an hour would have little or no impact) must result in outlawing employment and hence causing unemployment.

If the minimum wage is, in short, raised from $10 to $15 an hour, the consequence is to disemploy, permanently, those who would have been hired at rates in between these two rates. Since the demand curve for any sort of labor (as for any factor of production) is set by the perceived marginal productivity of that labor, this means that the people who will be disemployed and devastated by this prohibition will be precisely the "marginal" (lowest wage) workers, e.g. blacks and teenagers, the very workers whom the advocates of the minimum wage are claiming to foster and protect.

The advocates of the minimum wage and its periodic boosting reply that all this is scare talk and that minimum-wage rates do not and never have caused any unemployment. The proper riposte is to raise them one better; all right, if the minimum wage is such a wonderful antipoverty measure, and can have no unemployment-raising effects, why are you such pikers? Why you are helping the working poor by such piddling amounts? Why stop at $4.55 an hour? Why not $10 an hour? $100? $1,000?

It is obvious that the minimum-wage advocates do not pursue their own logic, because if they push it to such heights, virtually the entire labor force will be disemployed. In short, you can have as much unemployment as you want, simply by pushing the legal minimum wage high enough.

https://mises.org/library/crippling-nature-minimum-wage-laws

 

[oyarde]

https://mises.org/library/crippling-nature-minimum-wage-laws

Correct , it only takes jobs from youth that need them .

 

[otherone]

But the people most likely to lose their jobs would be the least qualified, and those that are not worth it to the employer to keep around. The lazy, english challenged, druggies, high school drop outs, and the generally oblivious losers that don't care about other people.

At least they are working.

 

[LibertyEagle]

I just thought of a selfish reason to want a $15 minimum wage.

Yes lots of people would lose their jobs, especially in the customer service sector. But the people most likely to lose their jobs would be the least qualified, and those that are not worth it to the employer to keep around. The lazy, english challenged, druggies, high school drop outs, and the generally oblivious losers that don't care about other people. These people become unemployable. Meanwhile the hard workers and pleasant to interact with are rewarded.

The employer should already want to be keeping the best workers. There is no need for a government mandate to do that.

 

[TheTexan]

Think of the quality workers we would get if it was $100 an hour

But think of how many lawns that would go un-mowed

 

[TheTexan]

I just thought of a selfish reason to want a $15 minimum wage.

Yes lots of people would lose their jobs, especially in the customer service sector. But the people most likely to lose their jobs would be the least qualified, and those that are not worth it to the employer to keep around. The lazy, english challenged, druggies, high school drop outs, and the generally oblivious losers that don't care about other people. These people become unemployable. Meanwhile the hard workers and pleasant to interact with are rewarded.

If we raise minimum wage, we just need to make it illegal to fire people based on wage. Kinda like how you can't fire people for being black. (Except for Alabama where that's legal I think)

 

[Danke]

If we raise minimum wage, we just need to make it illegal to fire people based on wage. Kinda like how you can't fire people for being black. (Except for Alabama where that's legal I think)

And not be able to reduce any benefits.

 

[heavenlyboy34]

I guess I would be worth 33 an hour though instead of 20 . If Danke can get 100 , maybe he could buy me a drink

If MW goes that high the prices will spike and der danke won't be able to afford it. :/

 

[oyarde]

And not be able to reduce any benefits.

You guys get benefits ? When I retired I got a 25 FRN gas card , a 25 FRN card to a steak house , a twelve pack and a wooden box.

 

[Suzanimal]

You guys get benefits ? When I retired I got a 25 FRN gas card , a 25 FRN card to a steak house , a twelve pack and a wooden box.

I hope it wasn't a casket.

 

[oyarde]

I hope it wasn't a casket.

Nah , like something to put on the desk.Mrs O is using it for something. She asked what I was going to do with it , I told her the truth , firepit kindling .

 

[fedupinmo]

The tax man loveth... more income = more people taxed for more.

 

[Danke]

Nah , like something to put on the desk.Mrs O is using it for something. She asked what I was going to do with it , I told her the truth , firepit kindling .

Could be an urn...

 

[oyarde]

Could be an urn...

LOL

 

[Anti Federalist]

Ya'll are pikers.

$1000 an hour.

And we'll all be millionaires in a year.

How is this a bad plan?