There were times under Dems it worked, maybe again. This time, we should make the min wage keep up with inflation. Love the way you dupes are for screwing the workers...real smart...
The minimum wage has been around for 82 years. Do you know what FDR said the day he signed it into law? He said: "Any company that cannot pay a living wage doesn't deserve to exist in America!"
That was 82 years ago... not 8 years ago... not 20 years ago... 82 years ago! So, all through the past 82 years, we've had one Democrat politician and administration after another, promising to deliver this elusive "living wage" through increasing the minimum wage. Not just one president, not just a few administrations... MANY. We've had numerous increases in the minimum wage... every time, it is promised THIS will fix things... THIS will be the ultimate answer to the problem of a living wage.
Now.... here we are today and what are you telling us? The SAME THING!
You should be able to comprehend that raising the minimum wage is never going to resolve the problem. I don't know why you can't comprehend this... 82 years of doing the exact same thing with no satisfactory results should convince just about anyone.... but for some reason, you want to keep on believing that if we just increase it ONE MORE TIME... that will somehow magically work! Well.... it won't work... just like it hasn't worked for 82 years.
I have argued before, and I will make the point again... the Minimum Wage was actually the worst thing that could've ever been done for wage disparity. It did help in the beginning, just as it temporarily seems to help whenever it is raised. But it doesn't last. Prices increase and the inflation offsets the increase in wages every time. So you end up with people making a little more but everything costs more so there is no gain.
But that's not the real problem with a Federally-mandated minimum wage. The real problem is, it baselines labor costs across the board for hourly-wage workers of all stripes. The "greedy rich capitalists" whom you hate, absolutely LOVE the MW because it allows them to calculate precisely what labor will cost them this year, next year and beyond. They do not have to negotiate with individuals based on skills and talents, they don't have to worry about supply and demand of labor... they simply baseline your rate of pay on whatever arbitrary amount the government has deemed minimal.
If there was no MW... an individual would be free to negotiate with a prospective employer based on what he/she brings to the table in terms of skill and talent. They could say... I don't think this job is doable for $7.50/hr. I will need at least $10/hr. When an employee is asked to increase production, they could say... we need to talk about my pay if you want higher production.... as it stands, the employer simply points to the MW and says... get back to work or I'll replace you with someone who will work for the MW.
So you have constructed a Marxist-Socialist model for pay and as we can see... it doesn't work. It fails to provide a living wage as promised 82 years ago... but still, you BELIEVE!
Who is the DUPE here???
No, like I said, it seems to work temporarily. Prices go up, jobs are eliminated, production increased and markets adjust... then it's right back to where you were.
You can't make it "keep up with inflation" because it is what is driving the inflation. What you have to do... or someone will eventually have to make you do... is to understand it's a wrongheaded idea that doesn't work. Problem is, liberal progressives are the most hardheaded people on the planet.
The 1%ers got that way by many methods. They inherited, started from the bottom and worked up (hasn't happened in about 10 years or more), cheated the system whether it be taxes or other methods, (on paper only) shifted their main corporations overseas where they pay ZERO US Taxes but collect oodles in sales in the US.
While small business needs help, the Corporations are raiding everyone in their pathway. It's like locust in a grain field.
I do say that the taxes need to be lowered on all businesses that play the game with America's best interest. But I also say that we need to not only lower the tax rate but close ALL the loopholes that corporations seem to find. Even when a bill is trying to be introduced that may do this, it's laughed right out of congress. The first step is to get rid of the congress critters that work for the Corporations instead of to whom they are supposed to working for.
You are wrong about people of wealth who are self made millionaires.
Regarding corporate taxes. Specifically, who pays those taxes?
