Conservative Political Forum

General Category => Financial => Topic started by: Solar on June 27, 2017, 09:47:29 AM

Title: Minimum Wage, a Job Killer
Post by: Solar on June 27, 2017, 09:47:29 AM
As cities across the country pushed their minimum wages to untested heights in recent years, some economists began to ask: How high is too high?

Seattle, with its highest-in-the-country minimum wage,1 may have hit that limit.

(https://espnfivethirtyeight.files.wordpress.com/2017/06/gettyimages-487572524.jpg?quality=90&strip=info&w=1024&ssl=1)

In January 2016, Seattle’s minimum wage jumped from $11 an hour to $13 for large employers, the second big increase in less than a year. New research released Monday by a team of economists at the University of Washington suggests the wage hike may have come at a significant cost: The increase led to steep declines in employment for low-wage workers, and a drop in hours for those who kept their jobs. Crucially, the negative impact of lost jobs and hours more than offset the benefits of higher wages — on average, low-wage workers earned $125 per month less because of the higher wage, a small but significant decline.

“The goal of this policy was to deliver higher incomes to people who were struggling to make ends meet in the city,” said Jacob Vigdor, a University of Washington economist who was one of the study’s authors. “You’ve got to watch out because at some point you run the risk of harming the people you set out to help.”



(https://fivethirtyeight.com/features/seattles-minimum-wage-hike-may-have-gone-too-far/)
Title: Re: Minimum Wage, a Job Killer
Post by: supsalemgr on June 27, 2017, 10:31:21 AM
As cities across the country pushed their minimum wages to untested heights in recent years, some economists began to ask: How high is too high?

Seattle, with its highest-in-the-country minimum wage,1 may have hit that limit.

(https://espnfivethirtyeight.files.wordpress.com/2017/06/gettyimages-487572524.jpg?quality=90&strip=info&w=1024&ssl=1)

In January 2016, Seattle’s minimum wage jumped from $11 an hour to $13 for large employers, the second big increase in less than a year. New research released Monday by a team of economists at the University of Washington suggests the wage hike may have come at a significant cost: The increase led to steep declines in employment for low-wage workers, and a drop in hours for those who kept their jobs. Crucially, the negative impact of lost jobs and hours more than offset the benefits of higher wages — on average, low-wage workers earned $125 per month less because of the higher wage, a small but significant decline.

“The goal of this policy was to deliver higher incomes to people who were struggling to make ends meet in the city,” said Jacob Vigdor, a University of Washington economist who was one of the study’s authors. “You’ve got to watch out because at some point you run the risk of harming the people you set out to help.”



(https://fivethirtyeight.com/features/seattles-minimum-wage-hike-may-have-gone-too-far/)

Liberals will not recognize the reality of this as they do all other reality.
Title: Re: Minimum Wage, a Job Killer
Post by: walkstall on June 27, 2017, 10:44:52 AM
As cities across the country pushed their minimum wages to untested heights in recent years, some economists began to ask: How high is too high?

Seattle, with its highest-in-the-country minimum wage,1 may have hit that limit.

(https://espnfivethirtyeight.files.wordpress.com/2017/06/gettyimages-487572524.jpg?quality=90&strip=info&w=1024&ssl=1)

In January 2016, Seattle’s minimum wage jumped from $11 an hour to $13 for large employers, the second big increase in less than a year. New research released Monday by a team of economists at the University of Washington suggests the wage hike may have come at a significant cost: The increase led to steep declines in employment for low-wage workers, and a drop in hours for those who kept their jobs. Crucially, the negative impact of lost jobs and hours more than offset the benefits of higher wages — on average, low-wage workers earned $125 per month less because of the higher wage, a small but significant decline.

“The goal of this policy was to deliver higher incomes to people who were struggling to make ends meet in the city,” said Jacob Vigdor, a University of Washington economist who was one of the study’s authors. “You’ve got to watch out because at some point you run the risk of harming the people you set out to help.”



(https://fivethirtyeight.com/features/seattles-minimum-wage-hike-may-have-gone-too-far/)


It's not that they were not told what would happy.   Why should I pay 15$ for a hamburger and fries when I am out when I can get it for 7$.   Or just go home and make my own and have it my way. 
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on June 27, 2017, 06:35:13 PM

It's not that they were not told what would happy.   Why should I pay 15$ for a hamburger and fries when I am out when I can get it for 7$.   Or just go home and make my own and have it my way.

...and it's not dried out, or have those stupid brown stripes on it, simulating a bbq grill.
we raise our own pork & beef, and without question, everyone loves a 50/50 pork/beef LEAN burger.
The stuff in those fast food places tastes like salted textured vegetable protein.  Just order one without the ketchup, mustard, pickle and *look* at it... looks like the bottom of a mouse pad.

Isn't the real solution to higher wages... like get a skill worth more than $10 per hour?  I can't afford to eat in those places, and half the time what comes out the drive-thru window is hardly fit to eat.... although it does work as a rather effective, fast acting, laxative.
Title: Mayor Tries To Kill The Messenger
Post by: Solar on June 28, 2017, 06:44:35 AM
Just like a lib troll. If they don't like evidence to the contrary? They attack the messengers credibility.

Seattle mayor tries to destroy credibility of UW researchers for unfavorable minimum-wage study

What happens when you pay university researchers to study the results of your untested policy (a massive minimum-wage hike) and they deliver results you weren’t expecting?

You try to destroy their credibility, of course.


Seattle Mayor Ed Murray, who by Seattle standards is considered a “conservative,” asked University of California-Berkeley researchers to denounce and rebut the study the city commissioned from University of Washington researchers before it was even made public.

Berkeley researchers had earlier released another study of Seattle’s minimum wage, which jumped to $11 an hour in 2015 and $13 in 2016, that found “employment in food service … was not affected” by the wage hikes (they studied “food services” as a proxy for minimum-wage jobs at large).

The UW study, by contrast, used cross-industry data on “work hours” that were not available to the Berkeley researchers, a much deeper set of information that is only available in Washington and three other states:

Using a variety of methods to analyze employment in all sectors paying below a specified real hourly rate, we conclude that the second wage increase to $13 reduced hours worked in low-wage jobs by around 9 percent, while hourly wages in such jobs increased by around 3 percent. Consequently, total payroll fell for such jobs, implying that the minimum wage ordinance lowered low-wage employees’ earnings by an average of $125 per month in 2016. Evidence attributes more modest effects to the first wage increase. We estimate an effect of zero when analyzing employment in the restaurant industry at all wage levels, comparable to many prior studies.

MORE: Student workers lose out under Oregon’s massive wage hike

Get that? “Low-wage employees” – defined as under $19 an hour to include the “spillover effect” of raising pay for employees slightly above the minimum wage – lost about $125 a month. The Seattle Times reports:

“If you’re a low-skilled worker with one of those jobs, $125 a month is a sizable amount of money,” said Mark Long, a UW public-policy professor and one of the authors of the report. “It can be the difference between being able to pay your rent and not being able to pay your rent.”

The report also estimated that there are about 5,000 fewer low-wage jobs in the city than there would have been without the law.

This was not tolerable for Murray, who asked the lead author on the Berkeley study, economist Michael Reich, for his comments on the UW study. Reich said he received an “advance copy” of the UW study June 21, five days before it would be publicly released.

The embargo date on Reich’s return letter to Murray is 5 a.m. June 26 – the same morning the UW study was publicly released. It suggests Murray wanted to bury the city’s own paid research with outside criticism from the moment the public saw it.

https://www.thecollegefix.com/post/33973/
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on June 28, 2017, 03:38:25 PM
Every minimum wage increase seems to remove opportunities for unskilled kids looking for a summer job.

Mandating healthcare coverage limited employees to <32hrs for the work week.

If people want to work for $5 an hour, just let them.   Minimum wages, IMO, reek of Socialism and the quick easy path to Communism.
What happened to the saying, "You're paid what you're worth!"  If you want to make more, present your case to the boss, and he/she can make that determination - don't like it move on.   When the boss knows they have a GOOD employee, they'll try to KEEP THEM employed, and possibly cut loose or layoff the ones worth less.

Another one: Who said you can't fire someone without "just cause"?  What's "just cause"....?    You were picketing outside my store, demanding higher wages, it HURT my business, you're fired! 
Title: Re: Minimum Wage, a Job Killer
Post by: Solar on June 28, 2017, 06:26:48 PM
Every minimum wage increase seems to remove opportunities for unskilled kids looking for a summer job.

Mandating healthcare coverage limited employees to <32hrs for the work week.

If people want to work for $5 an hour, just let them.   Minimum wages, IMO, reek of Socialism and the quick easy path to Communism.
What happened to the saying, "You're paid what you're worth!"  If you want to make more, present your case to the boss, and he/she can make that determination - don't like it move on.   When the boss knows they have a GOOD employee, they'll try to KEEP THEM employed, and possibly cut loose or layoff the ones worth less.

Another one: Who said you can't fire someone without "just cause"?  What's "just cause"....?    You were picketing outside my store, demanding higher wages, it HURT my business, you're fired!
I used to thiunk Dims were stupid, but now that we're seeing what the real plan for the nation ios, it's easy to see, by eliminating all entry level jobs, the govt will need to step in, write more laws on hiring, (more govt control).
So look at it from a corporate POV, they seldom hire kids out of high school so it won't affect them, so Congress makes a deal with them, that if they support the leftist idea of more laws, they'll get a kickback or tax loophole out of the deal.
In the end, all kids get hired for a year, taxpayer foots the bill of course, problem solved.... :rolleyes:
Title: Re: Minimum Wage, a Job Killer
Post by: supsalemgr on June 29, 2017, 04:24:56 AM
Now Mark Zuckerberg is advocating a minimum guaranteed income for everyone. What a deal - free $$$$.
Title: Re: Minimum Wage, a Job Killer
Post by: walkstall on June 29, 2017, 04:47:34 AM
Now Mark Zuckerberg is advocating a minimum guaranteed income for everyone. What a deal - free $$$$.


Hmm... Who is going to work?  Someone will need to take out the garbage.
Title: Re: Minimum Wage, a Job Killer
Post by: supsalemgr on June 29, 2017, 05:27:24 AM

Hmm... Who is going to work?  Someone will need to take out the garbage.

How dare you ask a probing question to a liberal.
Title: Re: Minimum Wage, a Job Killer
Post by: walkstall on June 29, 2017, 04:06:17 PM
How dare you ask a probing question to a liberal.


MY BAD!!!   :rolleyes:  :lol:
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on June 30, 2017, 04:36:28 PM
Now Mark Zuckerberg is advocating a minimum guaranteed income for everyone. What a deal - free $$$$.

That's about all his newscasters are worth... they actually provide proof a $15per hour minimum wage is TOO MUCH for them.   :confused:
Title: Now Apple Bees
Post by: Solar on July 14, 2017, 07:54:44 PM
No do you get it Libs? Min wage increases do nothing but kill off jobs, Tech is killing entry level jobs!

https://www.youtube.com/watch?v=S4P8Fq9Tal0


ZANE TANKEL: If something becomes prohibitively priced, you find an alternative.

STUART VARNEY, FBN: Of course.

TANKEL: I've always said increasing minimum wage is technology's best friend. We have 1,000 less servers this time this year than we had this time last year.

VARNEY: Really?

TANKEL: Yes sir.

VARNEY: And you run, what, 42, 43 Applebee's.

TANKEL: 40.

VARNEY: Okay, about 40. So you've got 1,000 fewer wait staff.

TANKEL: Yes sir.

VARNEY: So what you do nowadays is you employ technology.

TANKEL: Yes sir.

VARNEY: And you have runners from the kitchen to the table -

TANKEL: Exactly.

VARNEY: That's how you —

TANKEL: You know the business.

VARNEY: Well, I've been to Newark Airport. I see this constantly, and that's what you see.

TANKEL: We're not quite Newark Airport, because that's really impersonal, people passing through. We have servers, but they're moving — more and more the model is to a concierge type of a person, comes to the table, "Can I help you? Do you need assistance with the tablets? Can I get you anything immediately?" And making people feel warm and comfortable.

So that the model now that we're heading towards where we had one server for three or four tables, we're moving towards one server for ten tables, eliminating about two-thirds of our labor ultimately. But it's because of Cuomo, De Blasio, the liberal agenda.

It's all really good if you have a job.

VARNEY: Yes.

TANKEL: Right? If you don't have a job.

VARNEY: (If) you're a youngster, you want to get your first foot on the rung of that ladder going up the food chain.

TANKEL: Exactly. Stuart, if you don't have a job, $100 an hour doesn't help you a whole lot, does it?

http://www.newsbusters.org/blogs/nb/tom-blumer/2017/07/12/restauranteur-fbns-stuart-varney-minimum-wage-has-led-1000-job-cuts-%E2%80%94
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on July 15, 2017, 04:33:51 AM
Great exchange and to the point, 'if you don't have a job, minimum wage doesn't matter'.
For reference, here's a list of countries minimum wage / minimum wage laws.
https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country

Or .... what does the average person make in a month in US Dollars?
https://en.wikipedia.org/wiki/List_of_countries_by_average_wage

Country             Monthly average wage
 Switzerland              $7,396
 Luxembourg             $5,583
 Norway                    $5,418
 Denmark                  $5,310
 United States           $4,893
 Australia                  $4,700
 Ireland                     $4,379
 Netherlands              $4,289
 Canada                    $4,134
 Belgium                    $3,963
 Sweden                    $3,849
 Finland                      $3,781
 Austria                      $3,761
 Germany                  $3,478
 United Kingdom         $3,461
 France                      $3,374
 Italy                         $2,671
 Spain                       $2,541
 Israel                       $2,405
 Slovenia                   $2,052
 Greece                     $1,631
 Portugal                   $1,513
 Slovakia                   $1,138
 Czech Republic         $1,065
 Hungary                   $1,067
 Poland                     $1,021
 Romania                     $919
 Lithuania                     $914
 Bosnia & Herzegovina  $731
 Bulgaria                       $627
 Belarus                        $422
 Armenia                       $386
 Albania                         $379

Ok, to retire with a fulltime Maid, Cook & Servant....    :thumbsup:  I'd hire them from Albania!!!   :blink:
Honestly, minimum wage is meaningless without knowing the cost of living.   I've spent more in gassing up 2 cars than some of those people make in a month.  It wasn't too long ago filling my truck's tank was >$75, and that was 2-3 times a week.

Raising the minimum wage is ultimately increasing the cost of living, which is another way to siphon money away from the retired folks trying to exist on a meager income.  Ultimately raising the minimum wage is akin to spurring inflation.
Title: Re: Minimum Wage, a Job Killer
Post by: Solar on July 15, 2017, 05:17:22 AM
Great exchange and to the point, 'if you don't have a job, minimum wage doesn't matter'.
For reference, here's a list of countries minimum wage / minimum wage laws.
https://en.wikipedia.org/wiki/List_of_minimum_wages_by_country

Or .... what does the average person make in a month in US Dollars?
https://en.wikipedia.org/wiki/List_of_countries_by_average_wage

Country             Monthly average wage
 Switzerland              $7,396
 Luxembourg             $5,583
 Norway                    $5,418
 Denmark                  $5,310
 United States           $4,893
 Australia                  $4,700
 Ireland                     $4,379
 Netherlands              $4,289
 Canada                    $4,134
 Belgium                    $3,963
 Sweden                    $3,849
 Finland                      $3,781
 Austria                      $3,761
 Germany                  $3,478
 United Kingdom         $3,461
 France                      $3,374
 Italy                         $2,671
 Spain                       $2,541
 Israel                       $2,405
 Slovenia                   $2,052
 Greece                     $1,631
 Portugal                   $1,513
 Slovakia                   $1,138
 Czech Republic         $1,065
 Hungary                   $1,067
 Poland                     $1,021
 Romania                     $919
 Lithuania                     $914
 Bosnia & Herzegovina  $731
 Bulgaria                       $627
 Belarus                        $422
 Armenia                       $386
 Albania                         $379

Ok, to retire with a fulltime Maid, Cook & Servant....    :thumbsup:  I'd hire them from Albania!!!   :blink:
Honestly, minimum wage is meaningless without knowing the cost of living.   I've spent more in gassing up 2 cars than some of those people make in a month.  It wasn't too long ago filling my truck's tank was >$75, and that was 2-3 times a week.

Raising the minimum wage is ultimately increasing the cost of living, which is another way to siphon money away from the retired folks trying to exist on a meager income.  Ultimately raising the minimum wage is akin to spurring inflation.
Exactly..
And as history proves, raising min wage drives manufacturing jobs away to countries with lower wages.
Is their standard of living lower than us? I see France and the UK make a fourth less than we do, yet their standard of living is on par with ours or those in Spain.
Yeah, all the min wage increase does is force business to cut labor another way, which usually entails cutting a need for labor, be it mechanizing or completely changing the way one does business as this guy proposes removing wait staff and adding runners.

God Dims are stupid!
Title: Re: Minimum Wage, a Job Killer
Post by: supsalemgr on July 15, 2017, 05:29:31 AM
Exactly..
And as history proves, raising min wage drives manufacturing jobs away to countries with lower wages.
Is their standard of living lower than us? I see France and the UK make a fourth less than we do, yet their standard of living is on par with ours or those in Spain.
Yeah, all the min wage increase does is force business to cut labor another way, which usually entails cutting a need for labor, be it mechanizing or completely changing the way one does business as this guy proposes removing wait staff and adding runners.

God Dims are stupid!

And they are so tied to their leftist mentality they will not change. All the better for us. I once had a boss that told me to be thankful for people like this as it eliminates your competition.
Title: Re: Minimum Wage, a Job Killer
Post by: Solar on July 15, 2017, 10:00:50 AM
And they are so tied to their leftist mentality they will not change. All the better for us. I once had a boss that told me to be thankful for people like this as it eliminates your competition.
:lol: :lol: :lol: :lol: :lol: :lol:
God, he's soo Right...
Title: Re: Minimum Wage, a Job Killer
Post by: supsalemgr on July 15, 2017, 11:39:18 AM
:lol: :lol: :lol: :lol: :lol: :lol:
God, he's soo Right...
[/quote.

Think about this. The world of opportunity for millennials is unbelievable. An enterprising millennial has so much less competition with all the snowflakes out there who believed their professors. 
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on July 15, 2017, 12:27:29 PM
And they are so tied to their leftist mentality they will not change. All the better for us. I once had a boss that told me to be thankful for people like this as it eliminates your competition.

I saw a sign at an event, long time ago - they were selling a bunch of plaques with fancy painting and some pithy sayings.
Written on paper, next to everything they were marketing:  "Sure you can, but will you?"   What a clincher for a sale.

We had some kid visit our display a couple of years in a row, 12-13yrs maybe.  He's quick to tell us he "knows our secret" and "anyone can do that".   seriously, I doubt he's cost us a single cent in business... maybe even attracted a few more customers with his rant!

As I've told my kids, over and over, don't worry about keeping up with the crowd, being one of them - they're our customer base, our goal is to empty their wallets into our cash drawer as quickly and efficiently as possible, with a smile of course.  The really neat thing about it, the kids are earning enough to pay their own way to other events and specialty stuff they really have their sights set on.   I'd much rather have them handle the money from start-to-finish and better themselves, than set a goal to "work for someone" or "get a job".

If I had to pay minimum wage instead of straight commission, I would have gone broke before they figured out how to sell anything.
Now days, If I said, "I'm paying $20 per hour." they'd either quit trying to make sales, or accuse me of trying to screw them out of their "cut of the action."  Smart and confident of their ability - and I'm proud of all of them.

The world of opportunity for the millennial is literally wide open, few of them figure it out - and it's easier today than it's ever been to start & run a successful business.
Title: Re: Minimum Wage, a Job Killer
Post by: Solar on July 15, 2017, 01:01:34 PM
:lol: :lol: :lol: :lol: :lol: :lol:
God, he's soo Right...
[/quote.

Think about this. The world of opportunity for millennials is unbelievable. An enterprising millennial has so much less competition with all the snowflakes out there who believed their professors.
I have several friends still in business, and they all share the same story. Millennials haven't the first clue about working for a living, they have to be instructed at every turn, whether it's greeting customers (they had to tell them to smile) to if it isn't on a display, put it on one, not any display, but the one it belongs at, if you see trash, pick it up and if you are with a customer, put it in your pocket, Do Not leave the customer, they pay your wage, always be polite to the customer, make eye contact (this is something these kids don't do well, and I suspect it has to do with the web, texting, tuning out in general).

All of these guys pay above min wage because they need to attract people with basic common sense, something lacking in the Internet generation.
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on July 16, 2017, 04:23:06 AM
I have several friends still in business, and they all share the same story. Millennials haven't the first clue about working for a living, they have to be instructed at every turn, whether it's greeting customers (they had to tell them to smile) to if it isn't on a display, put it on one, not any display, but the one it belongs at, if you see trash, pick it up and if you are with a customer, put it in your pocket, Do Not leave the customer, they pay your wage, always be polite to the customer, make eye contact (this is something these kids don't do well, and I suspect it has to do with the web, texting, tuning out in general).

All of these guys pay above min wage because they need to attract people with basic common sense, something lacking in the Internet generation.

Those are minimum expectations - the eye contact is from a lack of socialization.   Funny that Government School Educators parrot that line, "Homeschoolers won't be properly socialized...", yet they (homeschoolers) are noted as "well adjusted & socialized - making eye contact in conversations.." - unlike their Gov. School counterparts.  We've heard it over and over, "your kids look at us, face to face when we talk to them...", like it's unnatural...?  :blink:

There might be a bright side to jacking up minimum wages - it'll spur robotic technology development as a replacement to the entry level job.  The new entry level job could be tearing out old robots for new robots ... the kids literally work for robots.  :lol: :lol: :lol:
Title: Re: Minimum Wage, a Job Killer
Post by: Solar on July 16, 2017, 07:20:28 AM
Those are minimum expectations - the eye contact is from a lack of socialization.   Funny that Government School Educators parrot that line, "Homeschoolers won't be properly socialized...", yet they (homeschoolers) are noted as "well adjusted & socialized - making eye contact in conversations.." - unlike their Gov. School counterparts.  We've heard it over and over, "your kids look at us, face to face when we talk to them...", like it's unnatural...?  :blink:

There might be a bright side to jacking up minimum wages - it'll spur robotic technology development as a replacement to the entry level job.  The new entry level job could be tearing out old robots for new robots ... the kids literally work for robots.  :lol: :lol: :lol:
How sad is that? That having simple expectations of human interaction as a prerequisite, something our generation took for granted amongst normal people, is suddenly in demand and scarce amongst an entire generation entering the workforce?
Can this nation survive, or will it become the norm to no longer make eye contact, greet people with a cordial comment without being accused of "Invading Their Space"?
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on July 18, 2017, 05:08:20 AM
Maybe food preparation is better left to robots ... just thinking of stuff kids will do to food, when their pissed off about something.

http://www.ranker.com/list/grossest-fast-food-chain-employee-moments/derrick920

This kind of stuff is lawsuit territory  - but with a robot preparing your food, it all ends.
https://www.youtube.com/watch?v=TQqTGBsr_RI

Some people just can't get it together, too busy trying to be "cool" or something than responsible.
https://www.youtube.com/watch?v=LHZXL93ERk0


Yesterday, I got a drive-thru meal at a pretty famous Steak n Milkshake place...   Burger was excellent, fries were great, and the soda tasted like Dr. Mold... I immediately dumped it.  That's the only thing I worry about, someone not bothering to clean the machines.  People must be so busy trying to keep the visible surfaces clean, the stuff that actually touches the food / drink gets passed over.   And that's what can really make you sick in a hurry, a soda machine growing all kinds of crap.
Title: Re: Minimum Wage, a Job Killer
Post by: s3779m on August 01, 2017, 04:17:11 AM
Well it goes hand and hand, liberal states want to raise minimum wage and liberal states are pro union.(usually) But the people working minimum wage are not campaign donors but the unions are the big donors,,,,, so  https://www.unionfacts.com/article/wp-content/uploads/2013/02/Union_Minimum_Wage_report.pdf   dims push for a policy that helps no one buts gets the liberal media a great story to push about the all caring dims and we see a win win for the dims. Raise minimum wage and union wages go up, dues $ increases donations go up, and the poor, once again we see they do not care about who gets hurt just as long as they look good.  We do not see much push in Texas for minimum wage (except in the liberal waste land known as Travis county) because we do not have any strong unions (imho). Maybe we could start a list of liberal programs that helped the poor as promised. Here I'll start...


#1..???????????





maybe someone else should start, I'm drawing a blank.
Title: Re: Minimum Wage, a Job Killer
Post by: Hoofer on August 01, 2017, 03:09:11 PM
One of the reasons why government LIKES the idea of raising the minimum wage - it's more likely to move more people into taxation.   Nothing to do with raising their standard of living, everything to do with getting them on the tax rolls.

The money they make the more they can spend, sales tax revenue increases.
If they start making more money, sooner or later, they're more likely to finally hit the state and federal taxation levels.

If these politicians said, "We demand you get paid $30 per hour, a livable wage!!!"   Know this for sure, they've already figured you'll be in the 15% tax bracket, without enough deductions to add up to anything, and you'll probably lose any government support programs - YES! 

Greater taxation, by the miracle of inflation!  That's about the only thing, Financially, a politician can understand, sucking money out of the private sector is good for them, not you.