Sure, start by demonstrating you have the capacity for thought. You're wrong, of course. Not all of those illegal immigrants work, some are homemakers, some are children. Supply of labor would be reduced somewhat, but this would be unlikely to have as much impact on our country as spending as much as it would take to find and deport all of those people. What you're not considering is the elasticities involved. As we have been observing, when the minimum wage goes up, minuscule numbers of jobs go away while all of the minimum wage workers have more money to spend, offsetting the minuscule job losses. Then, the ripple effects through the labor market cause wages to rise throughout the lower third of the income distribution, injecting even more money into the economy. You're considering only the theory and only the theory that comes from a very basic understanding of economics. Consider looking at real world results. It isn't up to us to disprove your position, it is up to you to support it. Your entire "argument" has begun and ended with "supply and demand," which is a fundamental concept, but not one which explains the entirety of how economies operate. That is certainly what the theory says, with the boatload of assumptions that come with it. What we have seen in practice is that many jobs currently done by seasonal workers (often illegals) just go undone, as they did when crops rotted in Georgia as a result of a harsh immigration law. http://www.theatlantic.com/business...w-costs-millions-in-unharvested-crops/240774/ Maybe you're unable to answer the substance of his comments and you're seizing any opportunity to dispute whatever you can, even if it is off topic and asinine. MTA Database Fundamentals 2015. [/QUOTE] First certified as an MCSE in 1996. Haven't had a teacher or professor who was able to scare me with a test since. Perhaps comps will challenge me.
You aren't considering that minimum wage generally causes raises throughout the lower third of the income distribution, which would make your hypothetical worker better off once their employer adjusts to the new minimum.
Once I click Reply, I go down to the bottom and copy the quote tag at the bottom of the post. Then, I paste it wherever I want that block to end. I type my response to that block, then paste the already copied tag at the beginning of the next block, remove the '/', and repeat. It doesn't really take much time and has become habit. As we did. I wish I could say we could afford anything on that salary, but I can barely afford to pay for the one class per semester that isn't covered by my current scholarship as a UH staff member. Agreed. IMO, high school should act kind of like the sorting hat does in Harry Potter, but instead of assigning to houses, it would assign to job training. In addition to looking for academic skills, schools should ID students with other aptitudes and give them the ability to explore those potential fields of employment.
Does this mean the middle class and upper class just eat it? What will the super large companies do to make sure they maintain their profits? Will small businesses be able to stay in business?
In 78 years it has gone up $7.00. At that rate, it would take us 1105 years to get to a $100 minimum wage. I'd label making a comparison between the current minimum wage and what it will likely be a millenium from now as pretty "extreme." Said the man, exhibiting projection as he decries others for the fundamental lack of understanding that he is exhibiting with his comments.
You realize that there isn't any evidence that raising the minimum wage meaningfully impacts inflation, right? They all tend to adjust. It is a measurable impact throughout the lower third of the income distribution, but eventually everyone sees increases, particularly as those who earn more begin spending more, increasing demand for the outputs from the middle class workers.
The problem with capitalism is that they will rest at nothing to get their hands on other people's money, even if they have to lie, cheat, or steal to do so.
Eventually, we will. That's the nature of inflation, and is one of the reasons that SS recipients don't have to wait for politicians to raise their payments, they get COLA increases yearly. As minimum wage workers should.
No, but the middle class hasn't seen a real increase in wages since 1975, despite productivity going through the roof. Sell more now that demand for their products is higher. Most will, truly small businesses aren't bound my minimum wage laws on the federal level.
We live off her pay as an RN, and I use my money to pay off debt or pay for the occasional splurge. We lived on $30K for a few years, and I try to keep our lifestyle as similar to those days as possible.
First certified as an MCSE in 1996. Haven't had a teacher or professor who was able to scare me with a test since. Perhaps comps will challenge me.[/QUOTE] My advice to you: stick to SQL.
I was making six figures in LA in the early oughts, which were also my late 20s. I still lived in a one room apartment in a lousy neighborhood 15/hr frankly seems LOW for minimum wage in CA.
I'm much better when interacting with people. While I have the ability to be one of the trolls under the bridge, my customer service skills are too good to be wasted in a server room.
I was simply stating that SS recipients don't always get an annual COLA increase. They did not get one in 2010 and 2011 as well and only 1.7% or 1.5% last 3 years.
Agreed That isn't true. Almost all businesses depend on interstate commerce, which subjects them to federal labor laws.
"The Act applies to enterprises with employees who engage in interstate commerce, produce goods for interstate commerce, or handle, sell, or work on goods or materials that have been moved in or produced for interstate commerce. For most firms, a test of not less than $500,000 in annual dollar volume of business applies (i.e., the Act does not cover enterprises with less than this amount of business)." Any small business (as defined above) that doesn't "produce" goods (retail shops, food establishments, etc.) sold in other states aren't subject to minimum wage. http://www.dol.gov/compliance/guide/minwage.htm
