kaz
Diamond Member
- Dec 1, 2010
- 78,025
- 22,327
But they don't lose their jobs...Keep in mind we're not talking about a lot of people making minimum wage. Only about 4% of all hourly paid workers, including full and part time are paid minimum wage or less. I have never heard of a serious proposal to take minimum wage directly from $7 to $14. It is usually implemented in steps by states over a period of years. It has a minimal impact on the economy as well the workforce. By the time the federal government raises the federal minimum wage most states have already raised their minimum wage and most workers are making well above both state and federal minimum wage. We spend way too much time arguing over it.social services is paying around fourteen dollars an hour, by comparison. rational choice theory always applies.And there are a lot of places that can't find Americans to work for that money. How many fast food restaurants do you see without a HELP WANTED sign inside and even outside of a building?
You pay people not worth $7.25 an hour $14 an hour and let's see where "rational choice" leads you
So if people get fired more slowly that is better? If you want them to lose their jobs, why not just rip off the band aid and do it now?
Also, not only are a small portion of workers earning minimum wage, but the ones on minimum wage rarely stay there. How does preventing the lowest skilled workers who need the jobs the most from getting any job a cause of giving yourself a smug, self congratulatory, leftist pat on the back for something you spent none of your own money on?
In a letter to the president and leaders in congress, more than 600 economists, including 7 Nobel Prize winners wrote, "In recent years there have been important developments in the academic literature on the effect of increases in the minimum wage on employment, with the weight of evidence now showing that increases in the minimum wage have had little or no negative effect on the employment of minimum-wage workers, even during times of weakness in the labor market. Research suggests that a minimum-wage increase could have a small stimulative effect on the economy as low-wage workers spend their additional earnings, raising demand and job growth, and providing some help on the jobs front."
They don't? People I wouldn't pay $7.25 an hour will be paid $14 an hour by someone else
![thanks :thanks: :thanks:](/styles/smilies/thanks.gif)
That's awesome!
I'll let you send the Christmas card to the people that congratulations, you are statistically insignificant ... so you don't give a shit about them! Sorry man, you and your family are outside the giving a shit parameters. A true humanitarian you are!!!
Funny what a humanitarian you are while you spend zero of your own money. Apparently you and I have different standards