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(Huffington Post)   Raising the minimum wage to $10.10/hr. would actually create jobs. Your move, Republicans   (huffingtonpost.com) divider line 278
    More: Interesting, minimum wages, minimum wage law, Peter Schiff, Economic Policy Institute  
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2182 clicks; posted to Politics » on 19 Dec 2013 at 5:05 PM (31 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



278 Comments   (+0 »)
   
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2013-12-19 04:14:56 PM
yes, but then the poors would be less poor. and that's not good for us.
 
2013-12-19 04:16:57 PM
It's already going to $10 in two years.
 
2013-12-19 04:29:31 PM
Republicans aren't convinced by facts about the future, what makes you think they'll be swayed by facts about the future?
 
2013-12-19 04:38:15 PM
Creating more jobs that way is against their supply side religion.
 
2013-12-19 04:39:47 PM

KrustyKitten: It's already going to $10 in two years.


I don't think this is true. Is this true?
 
2013-12-19 04:43:19 PM

skinnycatullus: KrustyKitten: It's already going to $10 in two years.

I don't think this is true. Is this true?



I should have been more specific.  Here, in California, the minimum wage rises next year and a bit the year after that.  Will be $10 per hour by 2016.
 
2013-12-19 04:45:22 PM
Why does there need to be a federal minimum wage anyway?
 
2013-12-19 04:49:52 PM

KrustyKitten: Why does there need to be a federal minimum wage anyway?


Indentured servitude. Read about orange pickers in Florida. The state did nothing to help these people.
 
2013-12-19 04:53:11 PM

KrustyKitten: Why does there need to be a federal minimum wage anyway?


Red states would get rid of it entirely and collapse into Mad Max style hellscapes and the rest of us would have to deal with the refugees.
 
2013-12-19 04:54:58 PM
As Rand Paul said, "A rising tide lifts all boats".
 
2013-12-19 04:59:23 PM
Well, if that's true then maybe we should raise it to $1,000,000.10/hr. Then we'll have so damn many jobs that everyone will have to have at least 3.
 
2013-12-19 04:59:57 PM

James!: As Rand Paul said, "A rising tide lifts all boats".


Yes, but don't forget that Rand Paul once said "I don't know what they want from me; it's like the more money we come across, the more problems we see"
 
2013-12-19 05:01:46 PM

Eddie Adams from Torrance: Well, if that's true then maybe we should raise it to $1,000,000.10/hr. Then we'll have so damn many jobs that everyone will have to have at least 3.


i51.tinypic.com
 
2013-12-19 05:01:58 PM
So when we last raised the minimum wage from $6.25 to $7.25 that cured joblessness, right?
 
2013-12-19 05:03:53 PM

KrustyKitten: Why does there need to be a federal minimum wage anyway?


is this a serious question

does it involve the thoguht "well if people don't like their states low minimum wage, they can just move to another state"
 
2013-12-19 05:04:07 PM

KrustyKitten: Why does there need to be a federal minimum wage anyway?


It's a protection against unfair bargaining power by management.
 
2013-12-19 05:05:05 PM
They're not "job creators" they're wealth creators.
There's a difference and it doesn't include YOU.
 
2013-12-19 05:06:32 PM
Oh jeez not this shiat again....
 
2013-12-19 05:06:52 PM

netizencain: So when we last raised the minimum wage from $6.25 to $7.25 that cured joblessness, right?


create jobs = cure joblessness? wow, your reading comprehension is just farking aces!
 
2013-12-19 05:07:44 PM
Shouldn't of bought that plasma television.
 
2013-12-19 05:08:43 PM

RminusQ: Republicans aren't convinced by facts about the future, what makes you think they'll be swayed by facts about the future?


Was that supposed to be "past" or "present"?
 
2013-12-19 05:08:55 PM
If living in poverty is so bad, then why don't they just move out of it?

Checkmate, libtards
 
2013-12-19 05:08:57 PM
Economic Policy Institute, a left-leaning think tank.

/herp a derp a doo...
 
2013-12-19 05:09:45 PM

sigdiamond2000: Shouldn't of bought that plasma television.


"shouldn't of?"
 
2013-12-19 05:09:49 PM
I've yet to see an argument on Fark against raising the minimum wage to be more on par with other technologically advanced countries that wasn't either ridiculous hyperbole (why not a bajillion $/hr?!) or some rendition of "gee guys, I dunno, sounds risky" without any kind of facts or data to back it up.

Anyone got anything better?
 
2013-12-19 05:10:06 PM
Our think tank study says that your think tank study is wrong.

Oh good, glad that was all cleared up.
 
2013-12-19 05:10:25 PM
Although a thought strikes me, maybe if the Christmas Ghosts take the Republicans out on a field trip over the break maybe they'll realize how bad their policy ideas actually are (insofar as they actually have policy ideas).
 
2013-12-19 05:10:26 PM

sigdiamond2000: Shouldn't of bought that plasma television.


Shouldn't have, you troglodyte.
 
2013-12-19 05:10:37 PM

BunkoSquad: James!: As Rand Paul said, "A rising tide lifts all boats".

Yes, but don't forget that Rand Paul once said "I don't know what they want from me; it's like the more money we come across, the more problems we see"


Famed economist Christopher Wallace postulated that one's problems in life directly correlate to the amount of wealth one has accumulated.
 
2013-12-19 05:11:15 PM
I'm totally surprised a union-funded think tank would say that.
 
2013-12-19 05:11:31 PM
If poor people are so unhappy, why are they so incredibly obese and unhealthy?
 
2013-12-19 05:11:54 PM

James!: As Rand Paul said, "A rising tide lifts all boats".


econographics.files.wordpress.com
 
2013-12-19 05:12:28 PM

Jackson Herring: KrustyKitten: Why does there need to be a federal minimum wage anyway?

is this a serious question

does it involve the thoguht "well if people don't like their states low minimum wage, they can just move to another state"



Yes and no.
 
2013-12-19 05:12:30 PM

Eddie Adams from Torrance: Well, if that's true then maybe we should raise it to $1,000,000.10/hr. Then we'll have so damn many jobs that everyone will have to have at least 3.


That only works if you eliminate all taxes so we collectively have infinite money to spend on infrastructure and health care.
 
2013-12-19 05:12:56 PM

tricycleracer: BunkoSquad: James!: As Rand Paul said, "A rising tide lifts all boats".

Yes, but don't forget that Rand Paul once said "I don't know what they want from me; it's like the more money we come across, the more problems we see"

Famed economist Christopher Wallace postulated that one's problems in life directly correlate to the amount of wealth one has accumulated.


I seem to recall that David Ricardo, in his famous Ricardian equivalence, commented on the fact that in a hyperconnected world economy, it is often the case where you will end up with ninety-nine substantial issues, but none of them relate to gender relations.
 
2013-12-19 05:13:35 PM

dwrash: Economic Policy Institute, a left-leaning think tank.

/herp a derp a doo...


Saiga410: Our think tank study says that your think tank study is wrong.

Oh good, glad that was all cleared up.


Disprove the information in the article.
 
2013-12-19 05:13:40 PM

James!: KrustyKitten: Why does there need to be a federal minimum wage anyway?

Red states would get rid of it entirely and collapse into Mad Max style hellscapes and the rest of us would have to deal with the refugees.


Or things would continue like they do now where the red states biatch and moan about cadillac welfare mommas while the blue states pay more into,and receive less out of the system

That low level wages fluxuate so little by area lends a lot of support to the theory that low wage buyers (walmart, mcdonalds etc.) really do have a lot of market power that they shouldn't. Basically it seems like there is a tacit agreement that says "we will only pay you X" and companies are unlikely to move away from that.

On the other hand, people who make minimum wage often make that wage for a reason. I'm as libby as the next guy, but we have all dealt with people that are so lazy and incompetent that they can't even make a burger right.
 
2013-12-19 05:13:54 PM

UrukHaiGuyz: I've yet to see an argument on Fark against raising the minimum wage to be more on par with other technologically advanced countries that wasn't either ridiculous hyperbole (why not a bajillion $/hr?!) or some rendition of "gee guys, I dunno, sounds risky" without any kind of facts or data to back it up.

Anyone got anything better?


The main reason is the more money you put in the hands of people (setting a minimum bar) will be used by greedy corporations to raise their prices higher.. ending in a net loss of purchasing power for the people that need it the most.

A lot of people use the Australian model of $16 bucks an hour, but forget to look at the cost of living down under.

If we really cared about the poor, we would get the government involved in driving down the costs of basic necessities (food, clothing, housing and transportation) thereby increasing the poor peoples purchasing power while reigning in the obscene profits that corporations are making these days.
 
2013-12-19 05:14:05 PM

UrukHaiGuyz: I've yet to see an argument on Fark against raising the minimum wage to be more on par with other technologically advanced countries that wasn't either ridiculous hyperbole (why not a bajillion $/hr?!) or some rendition of "gee guys, I dunno, sounds risky" without any kind of facts or data to back it up.

Anyone got anything better?


I once saw a poor kid with an xBox.
 
2013-12-19 05:14:08 PM

violentsalvation: I'm totally surprised a union-funded think tank would say that.


union-funded or not, a meticulously cited and researched study is hardly a case of simply "saying that."
 
2013-12-19 05:14:35 PM

dwrash: The main reason is the more money you put in the hands of people (setting a minimum bar) will be used by greedy corporations to raise their prices higher.. ending in a net loss of purchasing power for the people that need it the most.


This is literally an argument in favor of poverty.
 
2013-12-19 05:14:44 PM

FlashHarry: James!: As Rand Paul said, "A rising tide lifts all boats".

[econographics.files.wordpress.com image 850x619]


That needs to be placed in the Fark Town Square. Maximum resolution.
 
2013-12-19 05:14:56 PM

tricycleracer: Famed economist Christopher Wallace postulated that one's problems in life directly correlate to the amount of wealth one has accumulated.


Did he factor into possibly nonzero percentage of females involved?
 
2013-12-19 05:15:06 PM

netizencain: So when we last raised the minimum wage from $6.25 to $7.25 that cured joblessness, right?


Every time they have raised it has created jobs. Every time. You are comparing the Wall st. disaster with minimum wage.
 
2013-12-19 05:15:08 PM
Just put a price freeze on hookers, whose pricing structure is tied to the minimum wage. Double the minimum wage, and the $400/hr hooker becomes an $800/hr hooker.

That's the real problem Republicans have with the setup.
 
2013-12-19 05:15:38 PM

Eddie Adams from Torrance: Well, if that's true then maybe we should raise it to $1,000,000.10/hr. Then we'll have so damn many jobs that everyone will have to have at least 3.


Well, maybe we should just lower taxes to zero. That will generate infinite economic growth.
 
2013-12-19 05:15:54 PM
Let's consider some alternatives presented by some of our elected Republican representatives:
1. Eliminate the minimum wage.
2. Scale back child labor laws.

While we consider these alternatives might I suggest you choke up on the bat? It gives you more control.
 
2013-12-19 05:16:49 PM

netizencain: So when we last raised the minimum wage from $6.25 to $7.25 that cured joblessness, right?


When Bush lowered taxes on the wealthiest Americans that fixed our economy, right?
 
2013-12-19 05:17:11 PM

Eddie Adams from Torrance: Well, if that's true then maybe we should raise it to $1,000,000.10/hr. Then we'll have so damn many jobs that everyone will have to have at least 3.


Actually, it needs to be around $20 an hour, and this ruffling of feathers over 10 isn't shiat.

But I suspect you knew that.
 
2013-12-19 05:17:30 PM

DamnYankees: I seem to recall that David Ricardo, in his famous Ricardian equivalence, commented on the fact that in a hyperconnected world economy, it is often the case where you will end up with ninety-nine substantial issues, but none of them relate to gender relations.


You win. I couldn't even make it sound fancy without a spelling error.
 
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