Bak wrote: |
why's that blah-er? |
Doc Flabby wrote: |
The problem is not welfere pays too much. It is the minimum wage is too low. |
Doc Flabby wrote: |
The problem is not welfere pays too much. It is the minimum wage is too low. |
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Don't you remember the days where you could get gas for $0.50 a gallon |
Quan Chi2 wrote: |
Whats that supposed to mean? |
SamHughes wrote: |
[..]What it says. Why do you think women are gaining equality in the workforce? Because they've been in the workforce a while, and familiarity breeds knowledge that they're not spineless idiots who can't do anything. How did they get in the workforce in the first place? They had to take lower salaries, since some people wouldn't hire them, while those with reasonable opinions about women realized that they could hire good women employees at lower salaries, or the best women employees at a salary an average man would take. |
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This was possible because women (on average) were more likely to be well-educated (being just as likely to be born into wealthy families as men). So when they took a lower salary, that was possible. But black people happen to be more likely to be born into a poor family and end up less educated. The sort of employers who weren't racists, who'd think they could hire a black person for less, weren't allowed to do so, because of minimum wage laws. So why would they bother? |
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And if the minimum wage is $7 but an employer can make only $6 extra gross per hour by hiring an employee, the employee ends up fired. If that sort of employee could bring $15 of extra revenue per hour, then competing businesses would bid up the rate anyway. |
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And how could a homeless person ever convince anybody to hire him, with a minimum wage law? |
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If the minimum wage is a good thing, how do you calculate the optimal minimum wage? It certainly wouldn't make sense for it to be $100/hr or more, so somewhere between 0 and 100, there must be a 'best' minimum wage that's best for whatever sort of goals you have. What is that number? |
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higher-paying labor |
Brain wrote: |
Snap out of it, idiots, minimum wage increases only hurt. |
blah-er wrote: |
I forget... |
Dr Brain wrote: |
That's not keeping up with it. That's creating it. |
Cyan~Fire wrote: |
The purpose of minimum wage is to make sure everyone working is getting a substantial amount of money, right? |
Cyan~Fire wrote: |
That granted, if inflation (the type not caused by raising minimum wage) decreases the "real" amount of money a worker getting minimum wage receives. Now using our good old friend limit here, this worker's "real" salary will drop to 0 over time. |
Cyan~Fire wrote: |
So if you don't want minimum wage, say so, but don't be a two-faced republican and make some sinister plan to emasculate it. ![]() |
Brain wrote: |
By increasing it, you put the people that were ABOVE minumum wage AT minumum wage, see? |
Brain wrote: |
And why would their salaries go up? |
Cyan~Fire wrote: |
[..]
As inflation occurs! Ahhhh! |
Cyan~Fire wrote: |
[..]
As inflation occurs! Ahhhh! |
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Very, very few people live off of minimum wage |
Dr Brain wrote: |
Minimum wage is $5
A makes $5 B makes $7 Minimum wage is raised to $8 A makes $8 B makes $8 B is royally screwed, as B now makes 40% less than before the increase. |
Dr Brain wrote: |
You seem to have missed the part in parens, Grav, where I said that some people do. |
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Very, very few people live off of minimum wage (I'm not saying nobody), |
SamHughes wrote: |
You gotta love the oversimplistic views of how the economy works that are given in this thread. |
Dr Brain wrote: |
the fact that the company would raise A's wages if he/she were worth it. |
Cyan~Fire wrote: |
Don't be retarded. That's like saying v=at is "oversimplistic" because it doesn't take Lorentz factors into account. When discussing general principles, you don't need to include every minute detail. |
Cyan~Fire wrote: |
Tsk Tsk Muskrat, you should know that conservatives don't care about those dumb poor people. |
Sam wrote: |
And what about short- vs. long-term effects? The effect a high minimum wage has on worker productivity? The incentives that are created by these laws? It's not just the effect of changing the minimum wage that matters; what people do in reaction to the change has a powerful effect on the world. If you ignore human behavior, you'll end up thinking communism is a good idea. |
Muskrat wrote: |
The whole conservative rights of privacy thing, what happened to that? I like many parts of conservatism, I just wouldn't in the least call the Republican party today such a thing! |
Muskrat wrote: |
The bill of rights means nothing, you should know that. Why are you always harping on the constitution anyways? ![]() |
Muskrat wrote: |
And you're right, the republican foreign policy certainly isn't conservative. ![]() |
Dr Brain wrote: |
FDR? Wasn't he the guy that waited so long to get into the war that Brittan was nearly overrun? Oh, and Truman only got the job because FDR died. IIRC, he wasn't reelected. |
Brain wrote: |
Can you show me the passage in the bill of rights where the right to privacy is outlined? |
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The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures, shall not be violated, and no warrants shall issue, but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized. |
Muskrat wrote: |
Today those things don't mean a damn of course, because Politics has become a fight of "issues". |