TIME asked:
See who raised the minimum wage and when throughout history. SUBSCRIBE to TIME’s YouTube channel: http://www.youtube.com/user/timemagazine?sub_confirmation=1 For the latest TIME video: …
See who raised the minimum wage and when throughout history. SUBSCRIBE to TIME’s YouTube channel: http://www.youtube.com/user/timemagazine?sub_confirmation=1 For the latest TIME video: …
new proxies
Well under capitalism won’t the elites simply rise the price of everything
in order to combat the minimal wage?????
Radiology
But, as Milton Friedman and many others have shown us, the minimum wage
does nothing but harm to the very poor.
Uggs
The Minimum Wage in Australia is $16.26 an hour. A Big Mac in Australia
costs $0.45 more than what it does in the USA. So clearly a McDonalds
worker is much better off in Australia than what he is in the USA. If u
listen to the Right they say that a Higher Minimum Wage means higher
Unemployedment. Well Unemployment is lower in Australia than what it is in
the USA.
funny news
the minimum has been the maximum for most companies….when they can not be
denied their massive salaries for all of their skilled labor….
Best Hosting Deals
Minimum Wage concept was created by lazy ass white workers that hated the
influx of African-Americans migrating to the North to get away from the Jim
Crow South. African-Americans back then would do twice the work as European
immigrants for less pay so the minimum wage help keep unskilled whites
employed. Most employers didn’t want to hire blacks anyway but without
minimum wage it was hard to refuse the cheap labor if it meant saving your
business a lot of money. The same crap is happening with the Central
Americans illegals just now is a few unskilled blacks complaining with
unskilled whites about pay raise that should have never happened
MP3
Minimum wage laws, like all wage and price controls, are a bad idea. They
don’t guarantee employment. They only guarantee that if you have no skills
and no experience you will not be hired. Get rid of minimum wage laws and
the horrible youth unemployment rate that we have in this country will be
lowered dramatically. And what sense does it make to have the exact same
minimum wage for New York and Mississippi? It makes no sense.
book value
I’m now eating a $20 porterhouse steak…which was what a whole lobster
used to cost. In a few years everyone will be eating pet food or starve to
death.
Transfer/$Save
Here’s how I see it if minimum wage was 15 or 17 an hour you could save and
start your own business and people could afford your service or product
even if you are low skilled most jobs only take a few months to learn
that’s not a good argument and companies would still make profits and you
could afford to hire people
iphone deals
I make $7.50 an hour and work a full 40 hours a week every week. I am on
food stamps and receive other govt assistance to make ends meet plus my mom
sends me money each month. THIS SHOULD NOT BE HOW I HAVE TO LIVE! Raise the
min wage already! How can anyone be against this when you cannot trust
corporations to care about anyone other than themselves.
New Site
Very interesting video, ridiculous how the min wage has not kept up as it
should. I wish they also would of showed how the workers production has
gone up while there pay not kept pace. American min wage workers are
getting cheated, they are working harder for much less. The min wage is so
bad the low wage workers have to take gov assistance like welfare and food
stamps to survive, this is insanity. We needs to increase the min wage to a
$12 a hour living wage and adjust it to inflation.
New Dir
The status quo is just a race to the bottom sooner or later there will be
nothing left for us
find scripts
Featured on Clark Howard, my Amazon ebook HOW TO BUY A HOUSE ON MINIMUM
WAGE by Jennifer Kindle
community college
The minimum wage is classic leftist symbolism: sounds good, so it must
be—so little is their regard for the *consequences* of such legislation.
Workers do not need a law to ensure sufficient wages; market competition
already serves that function. The minimum wage, by enforcing a minimum cost
of labour, only serves to discriminate against the lowest-skilled worker,
raising unemployment among the very people it intends to help. While the
intentions of the minimum wage in the US are seemingly honourable, little
mention is made, for instance, of its implementation during apartheid by
white labour unions as an explicitly racist tool against black workers.
Concert ticks
Interesting comparison… Could it be that we reached the critical point at
which the price of labor was beyond the return on investment for that
labor? Could it be that the buying power of the dollar was so badly damaged
by the continued increases in minimum wage that it stopped being able to
buy more, and, as minimum wage continued to go up, the dollar could buy
less and less, not because workers weren’t earning enough, but because
workers were earning too many?
Time’s editors seem not to understand the concept of scarcity…
swing her
What a joke, this video doesn’t at all address medium wages for the same
time period or explain the calculus associated with its graphic
assumptions. The fact remains that the minimum wage is the wage for the
least skilled worker, one with no special skills such as a high school kid
working their first job bagging groceries. Why hasn’t any one addressed the
real issue that the American economy is not generating higher paying jobs?
America’s jobs have been out sourced and technology continues to displace
people American tax law encourages Corporations to go over seas. Wake up
the minimum wage should not be the standard for Americans to support a
family, that is a joke. We need job creation with a future not life as
slaves to the minimum wage!
antivirus
Let capitalism fall flat on its ass the quick the better
hire a pro
This video should have included statistics showing how those raises
effected labor participation as well… especially in regards to teens,
uneducated, the poor, and minorities.
no credit check
Okay as I see it I think minimum wages should be left up to the states,
DC and territories and get the federal government out of that business of
one size fits all. Each state is different from the next as far as economy
goes.
website promos
I saw the minimum wage keep going up and read a lot of hate on people who
don’t think increasing it will have the desired effect but very little hate
on the people or its institutions that have made your dollar worth less.
Stop inflation you save your money. Pretty simple.
comics
What’s the song playing at 1:36 called?
scripts
trttg
medical lease
Today, the #minimumwage law turns 76! Here’s a history of its value over
the years:
home items
Great music highlights!
new proxies
The minimum wage law did not apply to nearly as many industries as it does
today. Raising the minimum does no good change whatsoever.