Once Again Obama Is On The Right Path By Raising Minimum Wage To $10 / hr

[Koolaid_Man]

this guy has so many christ-like qualities till it ain't even funny... $7.25 / he come one folks yall know that's wrong...the business can easily absorb it and it should be a no brainer...if it was me I'd split the min wage 12.25 hr for legals and a cool $4.25 for illegals....:toast

[Rogue]

again it shows the moronic black bastard thinks he could generate money out of nowhere, minimum wage raised = jobs lost.

[Koolaid_Man]

again it shows the moronic black bastard thinks he could generate money out of nowhere, minimum wage raised = jobs lost.

^ PROVE IT numnuts....give me solid data that reflects a broader issue....ohh wait you can't cuz like everything else you tea-tards post...it's a fucking lie :lol

[Wild Cobra]

^ PROVE IT numnuts....give me solid data that reflects a broader issue....ohh wait you can't cuz like everything else you tea-tards post...it's a fucking lie :lol
It's aknown fact in business. As costs for doing business go up, they find ways of keeping the costs from rising. One way is to try to manage manhours better and do with less labor.

[Trainwreck2100]

^ PROVE IT numnuts....give me solid data that reflects a broader issue....ohh wait you can't cuz like everything else you tea-tards post...it's a fucking lie :lol

Businesses will just fire employees and make the ones the still have do the work of three people. That WILL Happen. And when those employees can't work anymore due to burn out or health issues they'll just replace

[01Snake]

Another day another idiotic thread by the OP.

[spurraider21]

damn, Koolaid_Man ready for his raise :lmao

[Trainwreck2100]

damn, Koolaid_Man ready for his raise :lmao

Think about what you're implying there

[spurraider21]

Think about what you're implying there
giving him the benefit of the doubt

[Clipper Nation]

this guy has so many christ-like qualities till it ain't even funny...
Yeah, he contradicts himself a lot and his promises turn out to be myths :lol

[Rogue]

yeah, Obama "created" some jobs during his tenure but most of them are shitty ones, while the number of decent jobs was severely reduced as an expense. He just converted some good jobs into more shitty ones, which is like converting your $100 note into 100 pieces of $1 ones just like I said. Son of a bitch just plays a blunt trick that only fools would buy, but the majority of population in this country are undereducated scrubs just like OP unfortunately.

[spurraider21]

Yeah, he contradicts himself a lot and his promises turn out to be myths :lol
:wow

headshot

[DUNCANownsKOBE]

again it shows the moronic black bastard thinks he could generate money out of nowhere, minimum wage raised = jobs lost.

Then why is Australia's unemployment rate at 4% with a $16.00/hour minimum wage?

[SnakeBoy]

Then why is Australia's unemployment rate at 4% with a $16.00/hour minimum wage?

Small population, 92% white, strict immigration laws.

[NFO]

^ PROVE IT numnuts....give me solid data that reflects a broader issue....ohh wait you can't cuz like everything else you tea-tards post...it's a fucking lie :lol

CBO said it would cost jobs. The CBO is no the end all be all, but if they are saying a $10/hr min. wage will cost jobs that is saying something.

[N0 LyF3 ScRuB]

Yeah, he contradicts himself a lot and his promises turn out to be myths :lol

yup ^

[baseline bum]

Then why is Australia's unemployment rate at 4% with a $16.00/hour minimum wage?

CROFL John Stossel with the stupidest rebuttal I have ever seen:

http://www.foxbusiness.com/on-air/stossel/blog/2012/07/13/australian-minimum-wage-myth
The Australian Minimum Wage Myth
Posted by John Stossel | July 13, 2012
Print Email Share 77 Comments

A few weeks ago, the Australian government raised minimum wage to A$15 an hour (about $15.30 USD). It's more than double the federal minimum wage in the United States.

Statists say that Australia is proof that minimum wage laws help workers. They point to Australia's 5.1% unemployment rate. On my last show, Steven Greenhouse, the author of "The Big Squeeze: Tough Times for the American Worker" said "the economy of Australia probably, right now, is doing better than the economy of the United States."

But statists ignore the details.

Most people who earn minimum wage are young, unskilled workers. How are they doing in Australia?

In June, Australia's unemployment rate for workers age 15 to 19 was 16.5%.

Last December, 63% of all jobs lost were jobs for young, unskilled Australians.

It's simple: when the price of something goes up, people buy less. So when the price of labor goes up, employers hire less.

When the Wall Street Journal reported the minimum wage increase in Australia, it called the law "a victory for unions." But that seems strange because union workers normally make more than minimum wage.

But it is a victory for unions because union bosses know that raising the minimum wage reduces competition from unskilled labor. Union support for minimum wage laws is entirely self-serving.

The unseen consequences of minimum wage laws are the millions of poor, disadvantaged people who don't have job opportunities. In the United States, it hurts poor people and inner-city minorities. In Australia, it hurts young workers.

Australia is an example of how minimum wage helps some groups, and hurts others. Even in a good economy, the young, inexperienced workers are left out.

[Leetonidas]

Then why is Australia's unemployment rate at 4% with a $16.00/hour minimum wage?

Everything over there is ridiculously expensive...I remember an Aussie complaining on this other forum about how a 2 liter of Coke was like 4-5 dollars. :wow

[baseline bum]

Everything over there is ridiculously expensive...I remember an Aussie complaining on this other forum about how a 2 liter of Coke was like 4-5 dollars. :wow

That's what a 1-liter goes for in New Zealand, and their minimum wage was about $12 an hour when I was there. But that's with a 15% sales tax already factored in. Still, shit was expensive as hell there.

[CosmicCowboy]

Raising it to $10 an hour still won't make up for employee hours lost to the Obamacare definition of "full time" being 30 hours a week. Rational employers cut millions of workers hours back to below 30 to avoid the penalty.

[Koolaid_Man]

Raising it to $10 an hour still won't make up for employee hours lost to the Obamacare definition of "full time" being 30 hours a week. Rational employers cut millions of workers hours back to below 30 to avoid the penalty.

You lost the election...not once but twice...deal with it :toast

[CosmicCowboy]

You lost the election...not once but twice...deal with it :toast

Simple statement of fact you unemployed POS.

[CitizenDwayne]

Yeah, he contradicts himself a lot and his promises turn out to be myths :lol

:clap

[Koolaid_Man]

Simple statement of fact you unemployed POS.


of course you'd believe I'm unemployed...if I tell you something positively negative about me you'd be a fool not to believe it..if tell you something braggadocious you must reject it as a lie :downspin:

[BacktoBasics]

How can anyone take the OP seriously if he can't even figure out that there's a political forum for this garbage.

...but of course he thinks he can do anything regardless of order...then demand over regulation for more. Way to contradict yourself.

Personally I don't think there should be a minimum wage. However I do like Obama's proposal for raising the threshold for salaried workers closing the loopholes some companies are using to skirt overtime. So he's 1 for 2 on that deal.

[boutons_deux]

Raising it to $10 an hour still won't make up for employee hours lost to the Obamacare definition of "full time" being 30 hours a week. Rational employers cut millions of workers hours back to below 30 to avoid the penalty.

hard evidence of how many employers did this?

[Nbadan]

If Bill Millers can pay $10 per hour businesses can absorb the raise, plus they will get the long-term benefit of additional income as spending increases..but businesses aren't into long-term thinking...

[unforeseen]

I hate to admit it but I actually agree with the guy. Corporations like Walmart and McDonalds pay their employees so low that we as taxpayers have to fund their business model when the employees have to claim food stamps and other assistance to supplement the low wages.