Current Events > How can anyone with a brain oppose minimum wage raises?

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AlBundy33
06/18/17 9:41:37 PM
#1:


there absolutely zero downsides to raising minimum wage, unfortunately most people who run companies(like walmart and such) lack a brain, so they do not understand it would actually benefit their business
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Jiek_Fafn
06/18/17 9:45:47 PM
#2:


Wal-Mart already pays their employees more than minimum wage.
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prince_leo
06/18/17 9:46:03 PM
#3:


muh inflation

actually, now that I think about it, there is also the argument from people who see it akin to putting a bandaid over the problem. a basic income would fix more issues than raising the minimum wage
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Mist_Turnips
06/18/17 9:46:39 PM
#4:


Seems you forgot yours when you made this topic.
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DiesMortis
06/18/17 9:47:03 PM
#5:


Profound ignorance of basic economics
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DragonGirlYuki
06/18/17 9:47:16 PM
#6:


Someone has never studied economics.
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NathanX95
06/18/17 9:48:58 PM
#7:


I'm glad I live in California where minimum wage is $10.50, and it's set to rise every year until 2022. One of the main things I disagree with conservatives on. If poor people have more money, they will spend more, there's like only benefits. And the inflation argument is shit because inflation is already happening whether or not the minimum wage increases.
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DragonGirlYuki
06/18/17 9:51:41 PM
#8:


Main problem is that it kills jobs. Also the uncertainty and potential spike in costs makes small businesses wary of making expansions in fear of labor costs spiking at the political whims of whoever is in power.
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AlBundy33
06/18/17 9:55:29 PM
#9:


@DragonGirlYuki posted...
Main problem is that it kills jobs. Also the uncertainty and potential spike in costs makes small businesses wary of making expansions in fear of labor costs spiking at the political whims of whoever is in power.


that is a myth, and has been proven false many times

@prince_leo posted...
muh inflation

actually, now that I think about it, there is also the argument from people who see it akin to putting a bandaid over the problem. a basic income would fix more issues than raising the minimum wage


inflation is 100% artificial
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DevsBro
06/18/17 9:58:57 PM
#11:


And the inflation argument is s*** because inflation is already happening whether or not the minimum wage increases

All that matters is whether inflation is exactly 0? There's no disadvantage of 7% vs 4%?
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Malfurion
06/18/17 9:59:36 PM
#12:


AlBundy33 posted...

inflation is 100% artificial

I'll have some of whatcha smoking, brah.
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Damn_Underscore
06/18/17 9:59:36 PM
#13:


The entire state of California is going to $15 minimum wage soon. We will be able to see first hand if it works or is a massive failure
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GOATSLAYER
06/18/17 10:00:58 PM
#14:


AlBundy33 posted...
there absolutely zero downsides to raising minimum wage, unfortunately most people who run companies(like walmart and such) lack a brain, so they do not understand it would actually benefit their business

Because the minimum wage is rising, businesses don't want to hire as many people because it costs them more money. Mcdonald's is actually trying to replace most of their staff with an automated service to cut costs. Its similar to how uber wants to replace its drivers with driverless cars. So raising the minimum wage just creates less jobs which makes the economy worse
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Broseph_Stalin
06/18/17 10:01:52 PM
#15:


Damn_Underscore posted...
The entire state of California is going to $15 minimum wage soon. We will be able to see first hand if it works or is a massive failure


The 27 times they've done it before aren't enough?
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Questionmarktarius
06/18/17 10:02:01 PM
#16:


DragonGirlYuki posted...
Main problem is that it kills jobs.

It really doesn't.
What actually happens is that it kills the jobs of the worst employees, the ones who are less productive or miss too many days or whatever. They are replaced quickly.
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ThePrinceFish
06/18/17 10:02:10 PM
#17:


AlBundy33 posted...
most people who run companies(like walmart and such) lack a brain

Lullll
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DevsBro
06/18/17 10:02:28 PM
#18:


The entire state of California is going to $15 minimum wage soon. We will be able to see first hand if it works or is a massive failure

Will be interesting to see. I dunno if the same effects would apply to CA as LA or OH though. Certainly not the same wage.
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averagejoel
06/18/17 10:02:37 PM
#19:


prince_leo posted...
actually, now that I think about it, there is also the argument from people who see it akin to putting a bandaid over the problem. a basic income would fix more issues than raising the minimum wage

that's different from being opposed to increasing it

a basic income might fix more issues, but really, what needs to happen is for all industry, and profit therein, to be owned publicly rather than privately
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Johnny_Nutcase
06/18/17 10:05:17 PM
#20:


I make more than minimum and the last time there was a minimum wage increase here, I didn't see a boost in my pay. The person making minimum and myself aren't changing our work habits over this.

So why in the flying FUCK is he/she closing in on me when I received an education with the sole purpose of making more than minimum wage?

I'm not 100% against minimum wage increase, but it can't be across the board everywhere obviously.
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averagejoel
06/18/17 10:07:27 PM
#21:


to continue from my last post:
GOATSLAYER posted...
AlBundy33 posted...
there absolutely zero downsides to raising minimum wage, unfortunately most people who run companies(like walmart and such) lack a brain, so they do not understand it would actually benefit their business

Because the minimum wage is rising, businesses don't want to hire as many people because it costs them more money. Mcdonald's is actually trying to replace most of their staff with an automated service to cut costs. Its similar to how uber wants to replace its drivers with driverless cars. So raising the minimum wage just creates less jobs which makes the economy worse


in this example, if Mcdonald's was owned by workers rather than CEOs and shareholders, the workers could embrace new technology - perhaps they could shorten the workday and be paid the same
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prince_leo
06/18/17 10:08:39 PM
#22:


AlBundy33 posted...
inflation is 100% artificial

I was making fun of the inflation argument
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GigaSPX
06/18/17 10:11:36 PM
#23:


AlBundy33 posted...
@DragonGirlYuki posted...
Main problem is that it kills jobs. Also the uncertainty and potential spike in costs makes small businesses wary of making expansions in fear of labor costs spiking at the political whims of whoever is in power.


that is a myth, and has been proven false many times

@prince_leo posted...
muh inflation

actually, now that I think about it, there is also the argument from people who see it akin to putting a bandaid over the problem. a basic income would fix more issues than raising the minimum wage


inflation is 100% artificial

Where's your explanation?
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EdgeMaster
06/18/17 10:21:17 PM
#24:


Yeah seriously, how is it a myth that it kills jobs?

If an employer has $300 to give employees
>Paying $15/hr, he can hire 20 employees
>Paying $10/hr, he can hire 30 employees

Minimum wage kills jobs, less jobs means more crime, moar welfare, etc.

Regardless minimum wage needs to be raised because inflation and it isn't a living wage.
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Broseph_Stalin
06/18/17 10:23:14 PM
#25:


EdgeMaster posted...
Yeah seriously, how is it a myth that it kills jobs?


because we've been doing it for over 100 YEARS but still have this stupid fucking argument every time
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TheFuzz3451
06/18/17 10:24:16 PM
#26:


A lot of lower class Americans pride themselves on being "above" minimum wage workers. These people are making about 9 or 10 dollars an hour, but since they're above minimum wage, they're "better" than those "rotten fast food workers". So they oppose increasing the minimum wage out of fear that these "lesser" folks would get to their level.

Society is weird like that. It teaches the poor to hate themselves and other poor people
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Malfurion
06/18/17 10:31:57 PM
#27:


EdgeMaster posted...
Yeah seriously, how is it a myth that it kills jobs?

If an employer has $300 to give employees
>Paying $15/hr, he can hire 20 employees
>Paying $10/hr, he can hire 30 employees

Minimum wage kills jobs, less jobs means more crime, moar welfare, etc.

Regardless minimum wage needs to be raised because inflation and it isn't a living wage.

Not to mention the productivity of 20 people will more often than not be less than that of 30 people. This leads to lower profits. At a certain profitability level, the owner might say, fuck this... the effort I am putting in to keep this business afloat is not worth it, might as well close it down and look for a job.
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voldothegr8
06/18/17 10:34:37 PM
#28:


Broseph_Stalin posted...
EdgeMaster posted...
Yeah seriously, how is it a myth that it kills jobs?


because we've been doing it for over 100 YEARS but still have this stupid fucking argument every time

More like 79 years. Plus it has been raised slowwwwwwly over those 79 years. Suddenly doubling it is going to have effects both positive and negative. I'm leaning towards more negative though. People keep saying history shows it won't effect the economy but when in history has it even been doubled? The answer is never.

https://www.dol.gov/whd/minwage/chart.htm

Though I agree it should be higher than $7.25 no matter what location.
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Broseph_Stalin
06/18/17 10:40:48 PM
#29:


voldothegr8 posted...
More like 79 years.


More like over 100, states also have minimum wage laws. And doubling it doesn't mean much when it hasn't kept up with inflation at all.

But hey man I'm sure you'll be right this time! 29th time's a charm!
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ChromaticAngel
06/18/17 10:42:32 PM
#30:


AlBundy33 posted...
there absolutely zero downsides to raising minimum wage, unfortunately most people who run companies(like walmart and such) lack a brain, so they do not understand it would actually benefit their business

They're mad that they currently earn more than minimum wage but less than the proposed minimum wage.

That's it.

People who make $30/hr don't care.
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lightwarrior78
06/18/17 10:47:37 PM
#31:


Not wanting to pay more for the same service makes you stupid? Every business in tCs area should raise their prices for him as he thinks paying it is the smart choice.

For me the biggest detraction from it is that while everyone acts like they're attacking the 1%, minimum wage laws hit small mom and pop shops as well. Businesses that are not making major profits and the few bucks an hour (plus federal benefits) can turn a mildly profitable venture into a losing one. Ultimately less local jobs and more dependence on big corporate.
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southcoast09
06/18/17 10:48:35 PM
#32:


How could anybody with a brain (to go with the topic title) not understand how inflation works?

Oh, I'm making $50/hr, but I just spent $7 on a can of coke! It's the way things go. You're not gonna drive home from McDonald's in a Lamborghini. Ain't gonna happen.
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ChromaticAngel
06/18/17 10:48:45 PM
#33:


lightwarrior78 posted...
Not wanting to pay more for the same service makes you stupid? Every business in tCs area should raise their prices for him as he thinks paying it is the smart choice.

For me the biggest detraction from it is that while everyone acts like they're attacking the 1%, minimum wage laws hit small mom and pop shops as well. Businesses that are not making major profits and the few bucks an hour (plus federal benefits) can turn a mildly profitable venture into a losing one. Ultimately less local jobs and more dependence on big corporate.


mom & pop stores would get more business if people had more money to spend.
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lightwarrior78
06/18/17 10:56:07 PM
#34:


ChromaticAngel posted...
lightwarrior78 posted...
Not wanting to pay more for the same service makes you stupid? Every business in tCs area should raise their prices for him as he thinks paying it is the smart choice.

For me the biggest detraction from it is that while everyone acts like they're attacking the 1%, minimum wage laws hit small mom and pop shops as well. Businesses that are not making major profits and the few bucks an hour (plus federal benefits) can turn a mildly profitable venture into a losing one. Ultimately less local jobs and more dependence on big corporate.


mom & pop stores would get more business if people had more money to spend.


Or it'll be spent on Amazon and Walmart and other big corporations.

Minimum wage hikes were a good idea when money was kept largely in the community and people had loyalty to small businesses. In a world of walmart level corporate conglomerates, digital shopping, and a focus on owning corporate and designer brands, the sales boost isn't there anymore.
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ChromaticAngel
06/18/17 10:57:57 PM
#35:


lightwarrior78 posted...
Or it'll be spent on Amazon and Walmart and other big corporations.


Mom & Pop stores also sell on Amazon and Walmart... so... grats?
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synth_real
06/18/17 11:19:23 PM
#36:


GOATSLAYER posted...
AlBundy33 posted...
there absolutely zero downsides to raising minimum wage, unfortunately most people who run companies(like walmart and such) lack a brain, so they do not understand it would actually benefit their business

Because the minimum wage is rising, businesses don't want to hire as many people because it costs them more money. Mcdonald's is actually trying to replace most of their staff with an automated service to cut costs. Its similar to how uber wants to replace its drivers with driverless cars. So raising the minimum wage just creates less jobs which makes the economy worse

The McDonalds around here have already been doing that before any minimum wage increases were announced.
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Feline_Heart
06/18/17 11:22:48 PM
#37:


TheFuzz3451 posted...
A lot of lower class Americans pride themselves on being "above" minimum wage workers. These people are making about 9 or 10 dollars an hour, but since they're above minimum wage, they're "better" than those "rotten fast food workers". So they oppose increasing the minimum wage out of fear that these "lesser" folks would get to their level.

Society is weird like that. It teaches the poor to hate themselves and other poor people

That's below minimum wage in my state
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