Skyler Lehto asked:
Like my Facebook page: http://www.facebook.com/SkylerLehto Follow me on Twitter: @SkylerLehto Sources: 2012 BLS Characteristics of Minimum Wage Workers: http://www.bls.gov/cps/minwage2012.pdf…
Like my Facebook page: http://www.facebook.com/SkylerLehto Follow me on Twitter: @SkylerLehto Sources: 2012 BLS Characteristics of Minimum Wage Workers: http://www.bls.gov/cps/minwage2012.pdf…
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Let’s just bring back slavery. This video is a joke.
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I see no reason to pay any unskilled worker more than $1 per hour. That way
we can eliminate all unemployment and eliminate poverty. Business owners
will be able to invest that extra money in order to expand their company
and increase prosperity for everyone. The economy will grow rapidly so we
can pay off the national debt. Any fatalities due to malnutrition or
starvation will reduce the percentage of people living in poverty. In fact
I am realizing that this will have so many benefits to society as a whole
perhaps we should consider the idea of a negative wage? Unskilled laborers
could be forced to pay their employers thus further increasing overall
wealth, after all as we learned in this video most min wage workers are
members of households that make way too much money already.
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Since executives have given themselves raises and bonuses, your argument
that lower end workers getting raises would unfairly burden companies is
invalid. The average wage of executives and employers has increased at a
much greater rate than inflation would demand, while lower end workers have
done the hard work that makes those paychecks possible, with no increase of
their own.
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When the price of labor rises so does the cost of products meaning
inflation
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FINE THEN, YOU CAPITOLIST FUCK….then raises are my next concenrn….dont
pay ppl initially, but why shouldnt bee get good raises if they work
hard…When i was promoted at work, it was a 25 cent raise.4 years later im
at 8.20 an hour…idfc who u are, u deserve more…either raise min wage or
employers neds to give goood raises…derr
shhh !
Prime example of confirmation bias. Your point was already formed at the
start and you just went about selecting evidence to substantiate that
point. One can do the same with the opposing view.
If you think the federal minimum shouldn’t be at least indexed to inflation
rates($9.30 an hour), then it hasn’t served its purpose, so why not abolish
it altogether? I am sure business owners and corporations wouldn’t mind
paying 2 dollars an hour to the millions willing to accept such jobs, at
the expense of the underprivileged (but honest) people who decide to work
minimum wage jobs instead of claiming welfare.
Of course it might suit your purposes if more get added to the 50 million
Americans already on food stamps(because their jobs do not pay a living
wage), or perhaps you would like to see the entire welfare system scraped
so we can return to the good old days where unemployment meant death by
starvation… At least the billionaires will get richer under such a system
so it’s all the better for anyone else right(considering their renowned
altruism)?
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Its really sad that you spent all that time and used all those sources not
to do a real study on minimum wage increases pros and cons, but to do a
study on why its a terrible idea to increase it. You were biased from the
start, you could be an asset to a law firm or a politicians office, but you
are a failure as a scientist.
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The problem is you are using logic and reason, which of course means that
you are a racist, bigot and that you hate the poor. Next time use emotions,
that’s the only thing that counts when having a discussion these days.
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Congratulations Skylar your video demonstrated perfectly the psyche of
someone who thinks that the free markets are perfect and will provide the
best outcomes. For a lesson in wealth redistribution I suggest you google
“the French Revolution”!
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Of course! It all makes sense now. Giving lower class citizens MORE money
will hurt them. Let’s just keep them broke. At least now they won’t have to
compete so hard to get a job at Subway. Right? This seems legit. (sarcasm)
Uggs
The title is clickbait. Here goes the prez, teleprompting away, telling us
…
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Put the fox koolaid down sir!!!!! You’re a puppet for the right wing…
We will see what happens with WA. I think you’re going to look foolish in
short time.
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One argument that I have seen among a lot of these comments is that
“Companies will not pay their employees less because they need to compete”
Sure that’s the landscape within the first 10 years or so, if they repeal
minimum wage. However, the giant corporations will slowly but surely pay
less and less until people are making 4 bucks an hour. Companies that pay
slightly more than minimum wage are competing for employees and employee
loyalty, but take away that legally bound minimum and most of them will
eventually pay whatever they feel they can get away with.
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$15 dollars an hr for McDonalds employees…. HAHAHAHAHAHA NO……… just
don’t work at McDonalds….
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if a person can read and write, and add and subtract, and is willing to go
put in a days work for a days pay, that person has a birthright to be at
least lower middle class.
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this problem only gets worse as more and more machines keep replacing jobs
that people would normally do, and people just keep being born. its why you
are seeing more and more that people wont even let you volunteer anymore
because even those areas are all taken. you cant even get work experience
through that anymore without competing with other people. since when should
you have to compete with someone to work for nothing o.o
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Hah I laugh at those who seethe with anger against this video.
Here are some points I want to make:
1. The President was a politician. Congressmen are politicians. They make
political decisions. Understand this.
2. It’s simple. Increase the cost of employing workers and you get less
workers.
3. Where did that 14 dollars worth of productivity go in relation to the
increase in productivity? Well:
A) We now have more college graduates and much more specialized jobs that
likely require such education(high-skilled jobs)
B) Cooking hamburgers is still placing a patty on a grill and cooking it.
Nothing special.
-So while there are more highly skilled jobs, there is not much growth in
low-skilled jobs.
4. Seriously. There is nominal costs and then there’s real costs. They are
not equal. Demand influences prices. Water in a desert versus water in a
forest have different value. They’re both the same water. But value
changes.
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oh righttttt rightttttt love the ” get skills ” excuse , So please explain
to me then what happens when everyone goes and gets these skills ? Common
sense tells me thats not really a skill anymore now is it ? Or better yet
employers now have leverage to pay you less . You do realize ” college ”
seemed to be Americas all mighty answer to a equal fair opportunity to a
better life . Hard work pays off , the american dream right ? Then how come
a vast amount of jobs are asking 2 yrs experience with a degree with
starting pay at 12-14 dollars an hour ? are f ing kidding ? a apartment
alone is 1000 a month , 12 an hour would basically keep u a live. All it
takes is one unexpected expense and your homeless. Im so sick of America
and all its bullshit , get real . And actually the sad thing is I AGREE
with you increased minimum wage won’t do a dam thing , but it won’t do
anything because things are to f ed to begin with , but guess what shits
only going to get worse and worse until finally people grow a fucking pair
and take back whats theres . This country needs a revolution a fresh start.
things are so twisted theres really no solution but were going to just
keep ignoring the main issue and hope were dead and it becomes someone
else’s problem when it really gets out of hand . yayyyyyy god bless
americaaaaa
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Point number two is not much of a point. You admit that it has a positive
effect on the economy. The only thing you do is to argue that the effect is
not very big. But if the effect is positive, isn’t that enough, especially
since it has a huge positive effect on poor people’s lives?
tow it yourself
Minimum wage should be decided by the employer BUT profit sharing should be
mandatory and be distributed to all workers.
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I love this guy. My only problem is that some of his recordings could have
been made with a better microphone. What he’s saying is just awesome
though.
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3 ways to raise the minimum wage:
#1. Cut costs
Lower quality products
Lay off managers,admin & workers.
Pile on more tasks to each worker.
Tighten pays scales so that it’s harder to upgrade wages
#2. Raise prices
Better quality products at even higher prices
Introduce minimum prices law
Tax imports from foreign competition.
#3. Divide tasks between countries.
In order to prevent a race to the bottom, collaborate with foreign powers
by giving each country a share of the work & profits.
A combination of #1, #2 & #3 seems to be the best strategy to me.
Problem:
If you go for #3 you encourage the use of fossil fuels for transport.
Solution:
New technologies & a variable carbon tax on imports.
(The less carbon used to make & transport foreign goods, the less tax on
those goods)
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This video is trying to explain the shortcomings of minimum wage in 9
minutes. You are joking, right?
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All the Youtube liberal rats are offended by this video….hahahahahahahaha
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We have the technology to produce abundance for all with no bartering or
exchange of currency necessary, the entire money structured society is a
false society.