Raising the minimum wage is part of the Democrats platform

[UpperDecker]

http://www.detroitnews.com/article/20120811/POLITICS03/208110367

Oh boy, how many of those crying about jobs do you think will be fooled into thinking that this is a good idea?

And if you really want to cry, read some of the comments, there is even one stating that mandating hiring like China would be a good idea. Wow. There are a lot of people there that, like most people I have come to find out, don't understand a thing about business. There are a few bright spots there though.

 

[tttppp]

Ill bet a lot of stupid people fall for that crap. They don't realize that makes it harder for them to get in the door and move up in a company. I would address that it also causes people to stay on unemployment and welfare longer, but democrats don't care about costs.

Let me guess the rest of their platform...more spending on schools and teachers we don't need, police we don't need and firefighters we don't need.

 

[luctor-et-emergo]

'OMG' do these people have brains ?
If you don't have 10$ then you can't buy a 11$ dollar pizza.
If you have the same 10$ you can certainly forget about a 12$ pizza.

However, if you are a democrat, it sounds perfectly reasonable to make pizza more affordable/available by increasing it's price.
The pizza consumer is the employer off-course, the pizza producer is the employee...
Really, it sounds like a pretty stupid idea when you look at it in this way.
If you make a loss hiring someone now, why would you hire someone for a higher wage ?

But then again, this is election season.

 

[Bman]

Maybe they should just increase the minimum wage to $100 an hour. Then anyone with a job will be rich!


I mean really why don't they? If the problem is minimum wages why not just set the bar really, really high?

This is nothing but pandering at it's finest.

 

[DamianTV]

The part they forget to tell you is that as soon as minimum wage goes up, the price of the products for EVERYTHING goes up by a minimum enough to cover the increase in the wage, and then some. Anyone remember the $6 Dollar Burger? I stopped in at Carl's Jr the other day and not only was it not on the menu, but every single burger was at least that price. Some of their "meal deals" were between $7 and $9 bucks. I didnt buy anything, and havent been to fast food since about 2008. When minimum wage goes up, I can pretty well guarantee you that you wont be able to find any fast food "meal deals" for under $10 bucks.

 

[Weston White]

The part they forget to tell you is that as soon as minimum wage goes up, the price of the products for EVERYTHING goes up by a minimum enough to cover the increase in the wage, and then some. Anyone remember the $6 Dollar Burger? I stopped in at Carl's Jr the other day and not only was it not on the menu, but every single burger was at least that price. Some of their "meal deals" were between $7 and $9 bucks. I didnt buy anything, and havent been to fast food since about 2008. When minimum wage goes up, I can pretty well guarantee you that you wont be able to find any fast food "meal deals" for under $10 bucks.

Oh, so that explains why nearly every time I drive by a McDonalds or Taco Bell the drive thru is entirely lined with cars, even though there is quite literally either one or the other (or both) located at every single intersection throughout my entire city.

The only fast-food I have been in since 2007 is Chipotles, so I am not up on the average costs of fast-food these days.

 

[DamianTV]

The food there is still probably cheaper than at other places. I referred to Carl's Jr because that is where I went. There was no dollar menu. Nothing on the menu, short of fries or drink was below $5 bucks. McDonalds tends to make much cheaper crappier food, and I think they still have a dollar menu, or somewhere close to it, but I havent been there since I lost my job. People are probably going to McDonalds because it is the cheapest fast food they can afford.

 

[kathy88]

Why can't I see the comments?

 

[angelatc]

http://www.detroitnews.com/article/20120811/POLITICS03/208110367

Oh boy, how many of those crying about jobs do you think will be fooled into thinking that this is a good idea?

And if you really want to cry, read some of the comments, there is even one stating that mandating hiring like China would be a good idea. Wow. There are a lot of people there that, like most people I have come to find out, don't understand a thing about business. There are a few bright spots there though.

I briefly engaged with a Democrat candidate on Twitter a few weeks back. She tweeted something about raising the minimum wage, and I tweeted back that it would raise unemployment. She tweeted back that if that were true, unemployment would be higher in states with higher minimum wages.

I tweeted back 3 links to studies from lib universities that proved just that.

She didn't tweet back again.

 

[Pauls' Revere]

Why raise the minimum wage when they want to raise taxes to steal it right back? Thier not giving them a dam thing, why dont they see this?

WTF!

 

[angelatc]

Oh, so that explains why nearly every time I drive by a McDonalds or Taco Bell the drive thru is entirely lined with cars, even though there is quite literally either one or the other (or both) located at every single intersection throughout my entire city.

The only fast-food I have been in since 2007 is Chipotles, so I am not up on the average costs of fast-food these days.

That's market saturation. Setting the minimum wage eliminates price competition.

 

[VanBummel]

I find that this:

'OMG' do these people have brains ?
If you don't have 10$ then you can't buy a 11$ dollar pizza.
If you have the same 10$ you can certainly forget about a 12$ pizza.

and this:

Maybe they should just increase the minimum wage to $100 an hour. Then anyone with a job will be rich!

work well on thinking people. Then again for every thinking person there are ten people who will claim you hate the poor.

 

[tod evans]

Heck why not increase minimum wage.......print several trillion more and give out free housing along with food and medical...

Just tax the rich guys more...

 

[angelatc]

("Raise the mimimun wage to $100 per hour" will)

work well on thinking people. Then again for every thinking person there are ten people who will claim you hate the poor.

They absolutely insist that's hyperbole, and that corporate America can well afford to pay people that extra money. Which to you and I means that they hate small business and love corporate America.

 

[Working Poor]

bump

 

[Madison320]

It may not be part of their platform but republicans also vote to raise the minimum wage. Paul Ryan did for example.

 

[Liberty74]

Raising the minimum wage causes a one time shot to inflation basically wiping out any wage raise given. Tha market always adjusts to such even when the laws create an artificial growth. Many states already have higher minimum wage laws than the federal law, hence most working won't even be affected. Total shame to buy votes.

Raising the minimum wage also pushes lower skilled workers out the market.

 

[erowe1]

I find that this:



and this:


work well on thinking people. Then again for every thinking person there are ten people who will claim you hate the poor.

I try to start with the more basic ethical argument.

There are people who would like to be able to offer to sell their labor at below whatever you set as the minimum wage. Why shouldn't they be allowed to do that?

 

[erowe1]

Raising minimum wage does not cause prices to go up overall. It causes some prices to go up, but then other prices have to go down (or not go up as much as they otherwise would have) to make up for it.

 

[Dr.3D]

If you own a business and the minimum wage is increased, you have to increase the price of your product in order to pay your workers and still make the same profit.