Seattle agrees to raise minimum wage to $15

Poitier

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Nah b.


That covers a lot of people...and most people don't live on minimum wage.

The government is saying: You should have SOMETHING to show for your work, a few coins if nothing else and all jobs must at least give this to you.

Even further, if you think scraping by on the BARE MINIMUM is going to help you, then you're already losing int he game.

Your head is in a very fukked-up space :what:


Now I remember why I avoid these threads :leostare:
 

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I agree that the minimum wage/living wage thing is a red herring. But @Napoleon's whole M.O. is shytting on people and arguing as much as possible. shyt's :snooze:
who am I shytting on?

I got FRIENDS making minimum wage :what:

I'm saying that theres a reason minimum wage jobs...WILL ALWAYS be a minimum wage, no matter what those jobs are.
 

Poitier

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Why should minimum wage account for a "living wage?"

Because I don't want the government subsiding the gap (use that $$ for public goods), I want more money in the pocket of consumers and I want a stronger lower and middle class (the people who actually spend) :what:
 

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Because I don't want the government subsiding the gap (use that $$ for public goods), I want more money in the pocket of consumers and I want a stronger lower and middle class (the people who actually spend) :what:
there are alternatives to reduce government subsidy

- universal income
- earned income tax credit reform
- increased corporate taxes and efforts to repatriate corporate money
- industry specific minimum wage
- age specific minimum wage.

Raising the floor has already been shown to always affect people at the bottom in the long run. Employment gets more expensive. Goods become more expensive. etc.

Unless you're going to push for telling business how to resolve internally how to spend their money, you won't really change anything.

I support a minimum wage increase...to a point, but theres a reason even liberal/left economic publications were skeptical but eager to view the experiment in Seattle of $15 settling in.

Companies WILL pass those costs on to consumers cause they have no obligation to be moral and cut into their profits to pay workers more out of the goodness of their hearts unless they absolutely have to.

Putting more money in their pockets? Sure. Why not...but this is MINIMUM wage we're talking about. Not living comfortable. You're being REALLY naive thinking living on minimum ANYTHING will do much for you in the modern world. Cause people always point back to a time when there was simply LESS shyt that was required to "live normally" 50 years ago.
 

Poitier

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there are alternatives to reduce government subsidy

- universal income
- earned income tax credit reform
- increased corporate taxes and efforts to repatriate corporate money
- industry specific minimum wage
- age specific minimum wage.

Raising the floor has already been shown to always affect people at the bottom in the long run. Employment gets more expensive. Goods become more expensive. etc.

Unless you're going to push for telling business how to resolve internally how to spend their money, you won't really change anything.

I support a minimum wage increase...to a point, but theres a reason even liberal/left economic publications were skeptical but eager to view the experiment in Seattle of $15 settling in.

Companies WILL pass those costs on to consumers cause they have no obligation to be moral and cut into their profits to pay workers more out of the goodness of their hearts unless they absolutely have to.

Putting more money in their pockets? Sure. Why not...but this is MINIMUM wage we're talking about. Not living comfortable. You're being REALLY naive thinking living on minimum ANYTHING will do much for you in the modern world. Cause people always point back to a time when there was simply LESS shyt that was required to "live normally" 50 years ago.

I agree that there are other pathways but you are implying a livable wage passes the threshold where inflation eats up the gains and I haven't seen proof.

Anyways, America's number 1 issue should be a renewal in investment in public goods (education, healthcare, transport, energy, infrastructure) and until then, everything else is a band-aid.
 

DEAD7

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I agree that there are other pathways but you are implying a livable wage passes the threshold where inflation eats up the gains and I haven't seen proof.

Anyways, America's number 1 issue should be a renewal in investment in public goods (education, healthcare, transport, energy, infrastructure) and until then, everything else is a band-aid.
What do you mean by "investment"? :leostare:
 

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I agree that there are other pathways but you are implying a livable wage passes the threshold where inflation eats up the gains and I haven't seen proof.

Anyways, America's number 1 issue should be a renewal in investment in public goods (education, healthcare, transport, energy, infrastructure) and until then, everything else is a band-aid.
I really wanna know why Obama ain't pushing this public works jobs program to be honest.

he would go down on FDR status if he pulled that rabbit out the hat




but my point remains, raising the minimum wage is just kicking the existential can down the road.
 

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Lol @ universal income and more EITC being a mechanism to reduce subsidy... that's literally just more subsidy

And I wrote (spare me) when talking about Krugmans prize because I knew you'd get one some elitist nonsense about the economics Nobel.

I think you should concede that your arguments are not based on evidence but your opinion. There's nothing wrong with that, man. We can't all know everything. We're going in circles here with you not addressing us with any facts or statistics. There are facts in economics and you haven't even skewed any to make your point at the very least. This is fruitless because I can't argue opinions.
 

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Lol @ universal income and more EITC being a mechanism to reduce subsidy... that's literally just more subsidy

And I wrote (spare me) when talking about Krugmans prize because I knew you'd get one some elitist nonsense about the economics Nobel.

I think you should concede that your arguments are not based on evidence but your opinion. There's nothing wrong with that, man. We can't all know everything. We're going in circles here with you not addressing us with any facts or statistics. There are facts in economics and you haven't even skewed any to make your point at the very least. This is fruitless because I can't argue opinions.

Yeah, but you can't just artifically force more money into people's pockets while not forcing companies to spend money how the government forces them.

EITC isnt a subsidy. Its letting people keep more of their pay cheques. The hell are you talking about?

and universal income? Dawg, you might as well if you're gonna raise minimum wage to levels that you think accounts for a "standard of living thats comfortable" ...but I can't expect that from someone who keeps trying to equate a minimum wage and a living wage.

A liberal set of arguments against the seattle move: Seattle might raise its minimum wage to $15. This is not a good idea.

There are a lot more of them out there too.
 
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