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Discussion in 'Too Hot for Swamp Gas' started by 108, Nov 11, 2013.
to $9 per hour
78% of Americans are larcenous.
That is a lot of Americans that are pretty clueless about running a small business and want to price a lot of unskilled labor right out of the market.
76% have no concept of basic economics.
Why stop at $9.00 an hour?. Why not make it $20.00 an hour?. Or better yet, let's just pay everyone $75000 a year salary that way it doesn't matter how many hours a week they work or what they do, they'll just get paid. It's got to be better for America, right?.
I honestly wonder if you polled Americans if they were raising the minimum wage to something absurd like 40.00 dollars an hour you would have the same results.
Those same 76% would also be the ones who would complain the loudest about paying more for things than they used to.
That's good of question, Most people don't understand basic economics and look through their own prism. But would like to see the results.
The Washington State minimum wage is $9.19, so I don't think raising the national minimum wage to $9 would be as devastating as some here like to pretend.
Every time they raise the minimum wage, more and more youth lose their job opportunities.
But facts never keep the Dems from action.
The unemployment rate in Seattle, where the minimum wage is $9.19, is currently 4.7%.
That's right, because markets, especially labor markets, are always right. Regulations are never needed.
Clearly the only reasonable conclusion is that businesses are running out there in a hiring frenzy of minimum wage labor so they can fully enjoy their higher overhead.
Or possibly another conclusion is that a $9/hour minimum wage isn't as damaging as many here like to pretend. Guess what? We have McDonalds, Burger King, Wendy's, and we're even getting a few Chick-fil-As soon. I mean with our minimum wage at $9.19 an hour how can these places possibly exist? They should all be out of business.
Ok, I'll ask my liberal friends again...why stop at $9?! Whenever the wage is raised it isn't enough....what would you really like to see the wage raised to and why that amount?
Oh, and by the way, restaurant servers are required to be paid the full minimum wage, plus tips (and we still have lots of restaurants).
And Seattle is above the median for cost of living by a decent bit. When you have to pay your employees more, and there is more money artificially forced into the labor pool, costs of goods go up.
Now which came first might be an interesting topic to dive into, because I don't know. But the results are going to be a net wash. Yay, Everyone makes more money, but it buys less!
I bet if you asked Americans if we should force gas stations to sell gasoline for $3.00 a gallon or less, even more than 76% of Americans would support the proposal. Of course, they forget the outcome from the 70s:
The "miscellaneous" category includes clothing, restaurants, repairs, entertainment, and other services. - i.e., the type of things most effected by minimum wage labor costs and it sits at 111 (compared to the national average of 100), and food (i.e. food and groceries) sits at 110 (vs. 100).
While overall Seattle is at 143 (vs. 100) and I'd bet a huge reason for that is the cost of housing. Houses and apartments are expensive here.
Regardless of that, $9.19 is the statewide minimum wage, not just Seattle, and not every place in Washington has a high cost of living.
Washington has no individual income tax, no capital gains tax and is favorable to small businesses because of the tax situation. Imagine if the federal government realized that low taxes resulted in favorable business conditions.