danielpalos
Diamond Member
- Jan 24, 2015
- 73,961
- 5,055
how much tax revenue do we need to raise? what is the objective in changing that ratio.Why isn't $200/hr sensible? That's all I'm really asking. Why would it be bad to set it very high? Answering that question is necessary when debating where we should set the minimum wage.Stupid argument is stupid.This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.
The minimum wage is designed to re a sensible minimum wage. $200 an hour wouldn't be sensible, thus only insane idiots even bring it up. Hell $15 isn't sensible, but neither is $7.25.
Clearly you recognize that it would be bad to set the minimum wage "too high". Why's it so hard to admit that and honestly discuss your reasoning?