What the fuck? Nothing about this system encourages women to have multiple children. Are you that dense? You're talking about $152 billion a year. A sum of money that mostly feeds kids who would starve otherwise you dip. The mother is not fucking profiting off of it Christ's sakes. What they actually get is fucking peanuts. They are dirt poor government help or none, It's madness the way you people bitch about this, Why dont you people freak out about the ridiculous amount we spend on defense?You repubs have such one track minds. Yes obviously many single women have children that they shouldn't have had, but why don't you ever think of the kids? Should those kids grow up in poverty because of their irresponsible mother? They need public support if there aren't higher wages available.Believe it or not, both the left and the right want to end welfare for the poor. The left just has a realistic and humane way of doing it.
$153 billion of public assistance is spent on people because of their low wage jobs. 18 million people make less than $10.10 per hour. How many more do you think make less than $15? If the minimum was raised to $10.10, republicans are to stupid/immature to realize that far less people would be eligible for programs like food stamps. It would dramatically fix the fucking problem of the poor on welfare!
Like it or not, $15 as a minimum wage would be a base wage kept up with the rate of inflation. The last time someone could live comfortably off 10.10 per hour was the fucking 60s. Since the recession, low wage jobs out number higher wage jobs. That means MILLIONS OF PEOPLE have no choice but to accept low wage jobs.
As long as it was gradually raised over a couple of years, the initial cost to the market would be minimized. Prices would go up, but not nearly enough to offset the consumer spending power created by it. Consumer spending would boom. The market would begin to create jobs. Way more than the jobs that would have been scrapped initially. Prices would also go down.
Look the only reason most (not all) CEOs are against raising wages is because it just easier to for them to keep the ridiculous money they make rather than invest in a strong labor force. The average CEO makes over 300x what the average worker makes. Sure we can all agree CEOs deserve a wealthy life for all their hard work, but do you really think they deserve 300x more?
Hell no.
Hell yes.
They stayed in school, got educated, got a marketable skill, didn't have a bunch of kids they couldn't afford and you want to reward those who did none of these things just because they breath. Bullshit.
Should we have had a welfare system that encouraged single women to have multiple children? That's what we've been doing for much of the last thirty years. How's that been working out? Are the kid's of the poor better off now than they were before our entitlement society?
For decades, Billy our welfare system was indeed set up in a way that encouraged single mother households.
I already explained this to you as well as in my OP. The price increase would be small in comparison to the boost in consumer spending, Something at McDoanld's would go up 15 cents while the customer would much more to spend on the menu because he makes a couple hundred more a month.. And like I said, the raise would be gradual over a few years. That gives the market time to respond to it.
Oldstyle
You haven't explained anything, Billy.
This is a pretty common sense concept. If I've worked at Company A for ten years...working my way up from a no skills new hire to someone who's skills have gotten me raises from say $8 an hour to $15 an hour...what is my response going to be when your legislation to raise the minimum wage to $15 an hour takes effect? Obviously I'm going to expect a corresponding raise to my wage! How could I not? My added skills make me deserving of making more than someone who is just starting out or that doesn't have skills. So when you raise that minimum wage "gradually" over a few years...I'm going to expect that my wage will be gradually raised as well. If it isn't then I'm actually going to be taking a pay CUT because market forces will naturally be raising the cost of goods and services to me!