minimum wage wars

[InRareForm]

Http://www.freakonomics.com/2013/02/...wars-round-23/

[boutons_deux]

Raising Minimum Wage Would Ease Income Gap but Carries Political Risks

http://mobile.nytimes.com/2013/02/13...-wage.xml?f=19

$9 is still way too low, should be $12 - $15.

[coyotes_geek]

Why stop there? Why not $20? A higher minimum wage is good for the economy, right?

[boutons_deux]

Why stop there? Why not $20? A higher minimum wage is good for the economy, right?

yep, good for the economy, since that wage level spends 100% of income, reduces poverty which reduces crime (all colors), which reduces taxpayers' paying for crime.

I would rather have a $20 mininum wage than spend $30K/year on an inmate.

Something like 15M people working at minimum wage. aka, the working poor, aka Bishop Gecko's 47%

[coyotes_geek]

Sounds pretty good, but we can do better. Let's make minimum wage $40/hr.

[z0sa]

minimum wage should be what every congressman/woman and senator makes.

[coyotes_geek]

minimum wage should be what every congressman/woman and senator makes.

I like it. The 16 year old bagging my groceries definitely needs to be making 6 figures a year.

[Blake]

Sounds pretty good, but we can do better. Let's make minimum wage $40/hr.

or have no minimum wage at all?

[DarrinS]

Increasing the minimum wage will lead to more jobs being created. I'm sure this is what Krugman believes.

[z0sa]

I like it. The 16 year old bagging my groceries definitely needs to be making 6 figures a year.

I have more confidence in my grocery bagger than in most congressmen.

[TeyshaBlue]

yep, good for the economy, since that wage level spends 100% of income, reduces poverty which reduces crime (all colors), which reduces taxpayers' paying for crime.

I would rather have a $20 mininum wage than spend $30K/year on an inmate.

Something like 15M people working at minimum wage. aka, the working poor, aka Bishop Gecko's 47%

Reduces. Now look at the flipside. Increases.

That being said, I think the wage increase would be absorbed by the public fairly easily as an increase in consumer prices. While the increase in salary in the aggregate looks expensive, it does get diluted when spread over various costs and pricing.

[Wild Cobra]

yep, good for the economy, since that wage level spends 100% of income, reduces poverty which reduces crime (all colors), which reduces taxpayers' paying for crime.

I would rather have a $20 mininum wage than spend $30K/year on an inmate.

Something like 15M people working at minimum wage. aka, the working poor, aka Bishop Gecko's 47%

What about because of such measures, a loaf of bread costs $9, gallon of milk $8, etc.

It would probably them cost more than $50k for incarceration also.

[TeyshaBlue]

What about because of such measures, a loaf of bread costs $9, gallon of milk $8, etc.

It would probably them cost more than $50k for incarceration also.

That's a ridiculous question.

[clambake]

That's a ridiculous question.

why you always pickin on wc?

[coyotes_geek]

I have more confidence in my grocery bagger than in most congressmen.

I do too.

And just to clarify, I don't really have a problem with the increase Obama proposed. I'm just in a mood to troll boutons.

[boutons_deux]

What about because of such measures, a loaf of bread costs $9, gallon of milk $8, etc.

It would probably them cost more than $50k for incarceration also.

do really think paying grocery checkout clerk $15/hour would triple the price of food?

do you really think labor figures significantly into factory produced food-like industrial ?

[TeyshaBlue]

why you always pickin on wc?

That's a ridiculous question.

[coyotes_geek]

What about because of such measures, a loaf of bread costs $9, gallon of milk $8, etc.

I have a hard time believing that minimum wage labor makes up a significant enough portion of the cost of a loaf of bread or gallon of milk to the point where a 10% raise in the minimum wage would result in a 100% increase in cost to consumers.

[TeyshaBlue]

I'm just in a mood to troll boutons.

The first step to recovery is to admit you have a problem.

"Hi, my name's TeyshaBlue and I troll idiots on the internet."

Now, you try it.

[boutons_deux]

That's a ridiculous question.

TB iow, you can't answer it, less stalker.

[TeyshaBlue]

I have a hard time believing that minimum wage labor makes up a significant enough portion of the cost of a loaf of bread or gallon of milk to the point where a 10% raise in the minimum wage would result in a 100% increase in cost to consumers.

'zactly.

This doesn't make sense to the :fwd:fwd:fwd crowd tho. Expect a youtube from DarrinS momentarily.

[TeyshaBlue]

TB iow, you can't answer it, less stalker.

Go back and read that post, you idiot.

[clambake]

he wasn't talking to you, bou.

[coyotes_geek]

The first step to recovery is to admit you have a problem.

"Hi, my name's TeyshaBlue and I troll idiots on the internet."

Now, you try it.

Screw you man! I've got it under control! I can quit anytime I want! I just don't want to right now.

[TeyshaBlue]

he wasn't talking to you, bou.

He's obsessed with me. He thinks I think of him all the time. It's really weird.