Once more for the terminally dense propagandist: No one here is arguing against increased wages for "the bottom." The argument is with gov't meddling in the labor wage market and pretending it will have little or no impact on prices (inflation) which disproportionately hurts "the bottom" and those on fixed incomes .. not that you seem to know or care.
Weird, you mean like CBO said lifting min wage to $10.10 an hour would HELP 16 million families? But MIGHT hurt up to 500,000 jobs?
Disproportionate? lol Sure Bubba, sure That's what the right wing is concerned about, since SS can help the VAST majority of those on the bottom AND Gov't safety nets can help the remaining few!
The Most Rigorous Research Shows Minimum Wage Increases Do Not Reduce Employment
The opinion of the economics profession on the impact of the minimum wage has shifted significantly over the past fifteen years. Today, the most rigorous research shows little evidence of job reductions from a higher minimum wage. Indicative is a 2013 survey by the University of Chicago’s Booth School of Business in which leading economists agreed by a nearly 4 to 1 margin that the benefits of raising and indexing the minimum wage outweigh the costs.
This page reviews the most widely-cited and influential studies on the impact of minimum wage increases on employment, and examines the primary reasons why low-wage employers can afford higher wages today.
The Job Loss Myth
Over 600 Economists Sign Letter In Support of $10.10 Minimum WageEconomist Statement on the Federal Minimum Wage
Over 600 Economists Sign Letter In Support of $10.10 Minimum Wage: Economist Statement on the Federal Minimum Wage
Same old "workers of the world unite and eat the rich" pap you always. The studies vary on the impact and dredging up 600 loony left economists in a country of 300 mil is easy but 1 thing is certain ... no one has ever produced an empirical study of the effect of DOUBLING the min wage. No one.
Double? Oh right over several years AS 60%+ of min wage workers work for Corps with 500+ employees and Corps have record profits right?
Sorry, didn't see your link she could turn down paying for social security, can you show that again?
TURN DOWN? Weird I thought SHE had principles to stand on, her fellow anti collectivist didn't collect even though THEY paid the taxes???
“In the end, Miss Rand was a hypocrite but she could never be faulted for failing to act in her own self-interest.”
Morally and economically,” wrote Rand in a 1972 newsletter, “the welfare state creates an ever accelerating downward pull.”
Journalist Patia Stephens wrote of Rand:
[She] called altruism a “basic evil” and referred to those who perpetuate the system of taxation and redistribution as “looters” and “moochers.” She wrote in her book “The Virtue of Selfishness” that accepting any government controls is “delivering oneself into gradual enslavement.”
Rand also believed that the scientific consensus on the dangers of tobacco was a hoax.
Evva Joan Pryor, who had been a social worker in New York in the 1970s, was interviewed in 1998 by Scott McConnell, who was then the director of communications for the Ayn Rand Institute. In his book, 100 Voices: An Oral History of Ayn Rand, McConnell basically portrays Rand as first standing on principle, but then being mugged by reality. Stephens points to this exchange between McConnell and Pryor.
“She was coming to a point in her life where she was going to receive the very thing she didn’t like, which was Medicare and Social Security,” Pryor told McConnell. “I remember telling her that this was going to be difficult. For me to do my job she had to recognize that there were exceptions to her theory. So that started our political discussions. From there on – with gusto – we argued all the time.
The initial argument was on greed,” Pryor continued. “She had to see that there was such a thing as greed in this world. Doctors could cost an awful lot more money than books earn, and she could be totally wiped out by medical bills if she didn’t watch it. Since she had worked her entire life, and had paid into Social Security, she had a right to it. She didn’t feel that an individual should take help.”
Rand had paid into the system, so why not take the benefits? It's true, but according to Stephens, some of Rand's fellow travelers remained true to their principles.
Rand is one of three women the Cato Institute calls founders of American libertarianism. The other two, Rose Wilder Lane and Isabel “Pat” Paterson, both rejected Social Security benefits on principle. Lane, with whom Rand corresponded for several years, once quit an editorial job in order to avoid paying Social Security taxes. The Cato Institute says Lane considered Social Security a “Ponzi fraud” and “told friends that it would be immoral of her to take part in a system that would predictably collapse so catastrophic all
Paterson would end up dying a pauper. Rand went a different way.
Ayn Rand Railed Against Government Benefits, But Grabbed Social Security and Medicare When She Needed Them
LMAOROG
Principles would be if she had the option to opt out of social security. She didn't.
She was forced to participate. You call on her to pay, then not collect on the terrible deal making it even worse.
At the same time, you worship politicians who call for more taxes while cheating on their taxes and you say dick about it.
You have some serious house cleaning to do before you call anyone else out as a hypocrite
Without the false premises, distortions and LIES WHAT would you EVER have Bubs?
I get it though, the Randian fetishists woman wouldn't stand on her principles like the other libertarian founders right? lol
Lame deflection. The fact remains no one has ever conducted an empirical study of the effects of DOUBLING the min wage and all your dancing and prancing and waving your arms just doesn't change that fact.
Weird, you HONESTLY "believe" there is going to be a push at $15 an hour when we can't even get $10.10? OOPS
States and cities are performing the task at more appropriate gov't levels and businesses are doing it at the most appropriate level, raising hourly wages internally without gov't meddling and yeah ... the push for $15/hr is alive and well in NY, Florida, Seattle and Berkeley, just to name a few.
Clearly you can find no empirical studies that support your "harmless" theory.
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