francoHFW
Diamond Member
Glad your nemesis couple moved out. Maybe you can cut the hate and try real solutions now....Jeeebus were you ever young lol?I'm glad you are interested enough to discuss but disappointed in your lack of basic education on the topic.I'll make the argument:
For one, a huge minimum wage increase would have a domino effect across the country. All wages would increase which means labor in the US would be much more expensive and cause more businesses to move overseas or make investments in automation to replace human beings. Because of the huge price increases, it would make online shopping more inviting which has an impact on mom and pop shops.
Next of course is it wouldn't solve anything. Only about 4% of our working population makes minimum wage. Therefore the only people we would most help are teenagers, college kids, and senior citizens who are just looking to keep busy during their retirement years.
Then there is the question if it would even help them. That's because even though they get a wage increase, everything they buy would be much more expensive as well. If I get a wage increase and now bring home $200.00 a month more than I did before, but my shopping bill for the month went up $200.00 a month more, how am I ahead?
A "huge" minimum wage increase can certainly have a domino effect on the country. Fortunately, nobody here is arguing for a "huge" minimum wage increase. My argument, from the beginning, has been an increase in minimum wage coupled with a reduction in welfare benefits. While this may end up increasing purchasing power for the impoverished slightly (which does have inflationary pressures on the economy), as the increase is more targeted to give them the ability to buy items for themselves rather than have the population at large buy them, the real goal is to only minimally increase their purchasing power, but make them more responsible for their purchases rather than having society at large responsible for a noted percent of their purchases. So, your first point is a straw man argument. That wasn't my argument. You actually never addressed my argument and then ran into a slippery slope about outsourcing.
Only 4% of the population makes minimum wage. I'm not sure about that number, but I won't argue it either. However, if you consider the population working low-wage, which is anybody making $7.26 up through a reasonable new floor for minimum wage (which you can argue about, which is why my numbers here vary so drastically), then the % of the population that that effect can be anything from 12%-26%. Also, you make a claim about a demographic based upon a simple percentage...there is no logical linkage between a number and a demographic. I'll help you however. According to the BLS in 2014, only ~5.4% of the minimum wage workers were 16-19, only ~4.3% were 65 or older. that means that (slightly) over 90% are...college kids...according to you. However, even that argument fails when you consider that ~18.4% HAVE A BACHELOR'S (or higher).
Finally, you question whether or not the wage increase would help them. Again, you need to actually READ the argument that you are countering. My contention was, is, and will be to help YOURSELF. As it stands these workers rely on varying degrees (for actual minimum wage workers, usually heavily) on government support. My point that we should increase minimum wages WHILE decreasing welfare benefits is not to aim a a large net "helping" for these workers...it is simply to place more of the burden of their living on their own back rather then mine...or yours.
Again, I'm simply shocked that anybody really has an issue with an increase in minimum wages coupled by a decrease in welfare benefits. It literally makes everybody happier and more well off (except maybe the corporations).
Why would corporations care? When you add financial burden to the companies, they just pass that burden onto us.
If you reduce government dependency, people will find a way to make more money. How many people do you know that work minimum wage and work over 40 hours a week? Not many.
As I pointed out earlier, take a look at what Maine did by creating requirements to get food stamps. Most of the people on the program dropped out! If they needed food stamps so badly, and decided they weren't going to work for them, how are they eating now????
But let me add a few things here I didn't have time to put in my other post: Minimum wage encourages people to better themselves. That's it in a nutshell.
For instance, I had a tenant that just moved out. She and her BF have been here six years. Both work fast food places. They always paid rent although late all the time, but they paid.
So why didn't they try to better themselves? Because they both smoke pot, and better paying jobs usually require drug testing.
It has always been my hope for them that they will see the errors of their ways, quit smoking dope, and try to advance themselves in life realizing low wage work just to smoke pot is not worth it.
So along comes some politicians and increase minimum wage. Such an increase would retard or hinder her decision to better herself as it would millions of people. This couple is in their mid 20's now, but it won't be long until they are in their mid 30's, then 40's. By the time they realize what a huge mistake they've made, it will be too late to get ahead in the game.