PBS NewsHour asked:
In 2015, 29 states will have minimum wages above the federal minimum of $7.25. While supporters herald the move as a victory for low-wage workers, critics argue that the policy “squeezes…
In 2015, 29 states will have minimum wages above the federal minimum of $7.25. While supporters herald the move as a victory for low-wage workers, critics argue that the policy “squeezes…
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all empirical evidence actually support diana – the white haired idiot is
an ideologue who keeps ranting his dogma – get him to start a business and
pay everyone a lot more than their work is worth and see how long his
business lasts.
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In Australia we just had a minimum wage increases, The 3 per cent pay rise,
lifting the minimum wage to $640.90 a week, or $16.87 an hour, will affect
people on the minimum wage and award-rate workers, including Australia’s
lowest-paid cleaners, retail and hospitality staff, childcare workers, farm
labourers and factory workers.
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I seriously don’t understand? That ladies reasoning? I mean how is raising
minimum wage hurting the individual who’s who’s being affected by it? I
mean your providing them with a higher income so they can survive. I mean
the price of living keeps going up why shouldn’t the minimum wage worker
hourly wages go up. I mean you know these minimum wage workers can’t even
get by on what they make. I guess this lady if for the super rich, that 1%
who give each other bonuses of 250,000.00 dollars when there company just
reported they had to lay off 5,000 workers. And the United states than uses
tax payers hard earned money to bail them out or gives them a tax break so
they like 0 taxes while some average worker making minimum wages have to
literally pay 1/3 of there salary and can’t even afford to buy peanut
butter and jelly sandwich.
hydroplane racing
A business hires an employee to accomplish a task that will lead to
increased sales. Raising the bottom end of the wage scale won’t change
that need. Besides…..if we never changed the minimum wage we’d still
have workers earning $1 an hour!!
Credit Unions are better
The smug old hag assumes that jobs have a fixed worth. Every job is worth
whatever you can find someone to do it for. And regardless of the skill
level involved, if something needs to be done, then someone will have to do
it.
It has been proven when wages have been increased in the past, that more
disposable income creates more retail and manufacturing activity. When
wages barely cover rent and utilities, there will be limited retail and
manufacturing.
REAL economic activity increases immediately following a wage increase,
ALWAYS. If you pretend that costs don’t go up when wages aren’t increased,
that’s an obvious fallacy. Inflation happens anyway, and decreases the
value of currency anyway. So if an employee is doing the same job this
year that he was last year, why should he accept 3% less value for his
labor?
Civilized first world nations match wage increases automatically to the
inflation index every year, and they shame America when it comes to living
standards and poverty.
How is it that Republican congressmen can grasp the idea that the budget of
the Pentagon needs to keep pace with inflation to maintain current
capabilities, but somehow the idea that household income also needs to
match inflation blows right over their heads??
home products
Mrs. Lovey Howell is way out of touch with reality.
Apparently she has been on a three hour tour for far too long now.
Probably tips the waitress a quarter and feels like she spent too much.
Life Insurance
Oh I understand what the woman is saying. She saying that the employer
needs to see the value in their employees. That they can actually be worth
the money they are being paid. it’s kind of like the profit margin for the
ratio of what the employee is making for the company verses what the
employees are name for their self. Each employee kind of has their own
earning potential. She’s saying that companies aren’t going to want to pay
people $10 an hour if they aren’t particularly high earning for the company
because the company has no incentive to do so. Particularly because of the
high number of unemployed people at the present time.
net present value
Dear Mr. Dumb ass white hair moron Why don’t you learn some economics. The
Congressional Budget Office Est. that Obama’s increase in the minimum wage
will cause 500,000 people to lose their jobs. Every 10% rise causes 3%
unemployment in the unskilled labor market. Raise the Minimum wage and
production costs rise this is passed on via higher prices for the product.
The higher price will mean less sales. Less sales means less production.
Less production means you need less employees. So employees are laid off:
usually blacks are the first to lose their jobs. You seem ignorant and a
racist
TI
As a poor American, living well below the poverty line, I say no it doesn’t
help. By the time prices increase to offset minimum wage increases we
actually have less money in pocket, than we did before the minimum wage
increase.
Micropones
~packs bags~ well… time to move.
Travel Ideas
Good on your PBS. I seriously thought when watching this interview for the
first time that the woman was going to be pro raising minimum wage and the
white male against. You totally erased my misconceptions about the
situation and made me think about my bias. You just gave me a very powerful
lesson on how complex people really are and why prejudice is a dangerous
thing.
is it safe
Wow! He just said 500,000 jobs lost and immediately said that was
insignificant. I didn’t know we were so “jobtastic” right now that we could
just get rid of half a million MORE jobs and be just fine. It seems to me
we need to do something to create more jobs before we go slashing jobs to
improve the people’s living conditions. I wish we could do both, too, but
we certainly can’t make 500,000 more people lose their jobs right now. It’s
already the 3rd circle of hell for a lot of folks right now.
3 Score
If you are working for less than 8/hr, as an adult, it practically costs
you more to work in terms of personal expenses on transportation, clothes,
laundry, child care, etc., than you are making. So even if this lady is
right, losing jobs that make less than 8/hr is not that big a deal, those
people were already f*cked.
Also, Chili’s is not putting iPads in to save money on employees, they
already don’t pay their waitstaff anything but a couple dollars per hour.
They’re putting the iPads in because someone convinced then that a stupid
gimmick like that would attract customers.
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You can raise the cost of labor, but you can’t raise its value. The lady is
admittedly kind of like a benched Superbowl winner – technically on the
winning team, just terrible at contributing to it.
Tech is popping up everywhere. Why the hell hire someone if you can get a
machine to do it for less? If you want to fatten the paychecks of the folks
at Apple, Google, and Samsung, just keep raising that minimum wage! Why
hire an American when you can hire some foreigner at 1/10th the cost? Same
damn reason you don’t pay more taxes than you need to or spend $15k on a
car when you can buy the same one for $12k across the street.
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I wish it could happen
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The Automation argument Diana was making about the the Ipads is not
convincing, historically if a human worker can be replaced with a machine
then they will be replaced with a machine, weather or not the minimum is
raised the economics will always favor automation in the long run.
Thats Cute
This guy doesn’t seem to know what the word empirical means.
bad bank-good
She never had a job born rich so she think she know everything
socaial promotion
It’s never made a difference in the past, why should it now?
Wage slavery is the problem
import electronics
diana weird accent talks weird
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Do minimum wage increases actually help the poor?: