Why do conservatards get so triggered over people wanting to increase the minimum wage?

Why do conservatards get so triggered over people wanting to increase the minimum wage?

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ritholtz.com/2016/12/seattle-min-wage-update/
bls.gov/eag/eag.wa_seattle_md.htm
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>increase minimum wage
>Company competition sites by either cutting expenses (read: making more people work part time or firing them) or by increasing the price of goods and services
>Back where we started but fewer people have jobs
This is to say nothing of the impending automation of most of our low skill jobs in the next 15 years.

There are many reasons but for me personally, it only helps people who are already living off the government and are taking my tax dollars to subsidise their lives. When the minimum wage gets raised they'll simply cut their hours back even more (assuming they're working at all) and continue profit off of my hard work. Thanks but no thanks.

Because it increases unemployment and boosts inflation.

>company compensates
>Being a phone posting fag

Why do conservatards get triggered about everything?

They're mentally weak and can't have their fee fees hurt

...

Seattle's unemployment rate is 3.4%. $15/hour min wage. Try again retard.

a leaf

Why do liberals cartoonishly think all rich people have vault filled with dollaroos?

If it saves the company millions of dollars a year then yes, the board will view him as a successful CEO.

THE ANSWER IS SIMPLE. IT'S BECAUSE RIGHT WING RETARDS HAVE BEEN VERY WELL TRAINED TO OBEY THEIR GLOBALIST, ELITE, BILLIONAIRE MASTERS.

Government can pass law that makes companies pay employees a fair wage and if they try to inflate prices of goods they will be punished

It prices the weakest Americans out of a job.

It encourages companies to send their entry-level positions overseas, making it harder to develop talent here.

The 15$ minimum wage is being phased in over several years. Lying again to push your propaganda. Disappointing.

Why do liberals think your boss at the olive garden is standing on a mountain of cash?

Because it hurts the poor, the unskilled, and the young. It Also hurts the consumer and the business owner, and the only people who advocate for a higher minimum wage are people who haven't thought about it before, and politicians who want to use those people.

A yeas, the conservetards standard response when he is confused and angry by being proven wrong

>Government can pass law that makes companies pay employees a fair wage and if they try to inflate prices of goods they will be punished
And what stops those companies from moving to places that don't have those laws?

You do realize that under the Obama administration, the definition of unemployment was changed so that those who are no longer looking for a job are no longer counted, right?

So what retard, cherrypicking is not an argument.
If you increases the wage it will be passed on to the customers.

Oh nice, everyone who wants a raise should just move there then.

Can we start talking about the minimum wage once we actually have our jobs back? Its a pointless conversation when we have massive underemployment

They aren't "inflating" anything. They're just passing along increased costs.

If the price of energy went up the price of goods made using energy also has to go up. If the price of labor goes up, the price of good made using labor will go up.

Yeah exactly it's been going up every year and is set to hit $15 next month.

Seattle Minimum Wage Experiment is Over
ritholtz.com/2016/12/seattle-min-wage-update/

We're just trying to make sure you have a job to be able to go to tomorrow.

While I agree to an extent, I don't think it ultimately matters. They're leaving one way or another until penalties exist to keep them from leaving.

Sane people can into economy

Careful, you'll trigger their lying program and we'll have 3 bots in this thread spamming how the unemployment statistics are low.

lol no it wasn't. You do realize that's just something right wing retards made up in their heads right?

Obama never changed how unemployment is calculated.

Also, all measures from U3 to U6 plummeted under Obama.

The unemployment rate doesn't suddenly become fake just because right wing retards got triggered by a black president.

>$15/h min. wage

what the FUCK are they complaining about

Because they don't understand economics. They don't understand that most rich people are rich because they invested their money in assets that appreciate in value, instead of acruing interest by letting their money sit in the back.

>Oy vey goy dont dare try fighting for a fair wage or we will ship your jobs overseas oy vey. Thats a good goy now work 40 hours a week and still not have enough to pay the bills or eat. Its fine though cause if you complain we'll just fire ya like the replaceable goy you are!

because I dont like inflation

Because going from 7.25 straight to 15 is going to fuck shit up, also I'm not going to get a raise to 22.75. I'll just be working minimum wage again.

>lol changes the argument

I thought you right wing retards said Seattle would collapse cause of muh $15 min wage?

Seattle Minimum Wage Experiment is Over
ritholtz.com/2016/12/seattle-min-wage-update/

Say it with me, Sup Forums!

A FUCKING LEAF

Obama already brought jobs back. 15.6 million jobs and the unemployment rate fell to 4.6%.

Stop lying about and shitting on your own country.

Not an argument

You are replaceable though.

>you'll trigger their lying program and we'll have 3 bots in this thread spamming how the unemployment statistics are low.
Fuck. I was late. Fucking leafs. Worse than berry picker. Sap sucker.

All the nerds ITT getting triggered over the thought of raising min wage probably work min wage jobs themselves. Why are you so against it?

go back to china , faggot

It's not 3.4%, not even close.

It's what they report by cooking the books on who falls into unemployed status. But anyone who has lived or lives in Seattle who doesn't have their head up their own ass, knows that's wholesale bullshit.

More than 3.4% of Seattle is fkn homeless.

As a point of order, how much of the expense is transferred to the customer is dictated by the ratio of elasticity of demand to elasticity of supply. Some percentage will be passed on, but some will be absorbed by the company. The company can then cut costs, eliminate jobs, automate, etc.

>Not knowing how inflation works.
There is nothing wrong with increasing your prices once your cost of production goes up.

Raising minimum wage would kill small business. Big business owners are greedy as fuck, but that doesn't change the fact that it would kill small business.

>3.4%unemployment
>fuck huge homeless problem
This really activates my almonds

I know I just said it.

>Oy vey you're a good goy, no need to pay hard working citizens a fair wage, you wouldn't want inflation would you? Excuse me goy i need to take a shit on my golden toilet be right back!

Muh unemployment rate is fake!

I love how a bunch of uneducated right wing retard high school dropouts reading a bunch of fake news blogs think they know better than the experts who have been working on this stuff for decades

wow einstein, does "labour participation" ring a bell?

predicting your (incorrect) response "hurrr it'a all the retirees" (which is wrong)

The actual minimum wage is the lowest wage possible you'll work for.

Personally, I wouldn't do what I do for less than $50/hr. Do you think everyone should get paid $50/hr? Do you think a restaurant could afford to pay their employees that?

The primary function of minimum wage is to outlaw lower paying jobs. When I was a kid Grandy's used to hire little 70 year old women, dress them up as grandmas to pass out biscuits to patrons. Stuff like that doesn't exist anymore. Even Walmart greeters are dying out.

I've been to Seattle before, the minimum wage is probably 15/hour because the taxes are high or basically,

>inflation

>being this retarded.
I literally said that big business owners are greedy as fuck. It does not change the effect it would have on small business owners.

>Increase minimum wage
>Companies realize it's easier and cheaper to replace human labor with robots
>Fires 90% of the workforce
>Former employees now make $0/hour, and everything is more expensive because of minimum wage increases
>Mfw Leaves can't I to economics

Still not an argument

And that law will break struggling business where the owners are on the edge, so more unemployment.

Wait 'til he starts spamming GDP and we tell him that statistic is inflated by welfare refugees we print money for.

>no need to pay hard working citizens a fair wage
We are talking about minimum wage jobs here.

Minimum wage everywhere should be AT LEAST $20/hour. Every human being is worth this. We are not slaves. Its 2016.

>Minimum wage increases
>me, being a goods seller/service provider has to pay more for employees
>either fire people to not lose money
Or
>charge more

Makes the people who make more than minimum worth less, as the purchasing power of their wage is decreased
Basically cause it causes inflation.

Lowering the cost of living (ie rent ceilings) would be more effective.

God I love how you brain dead right wing retards think.

bls.gov/eag/eag.wa_seattle_md.htm

1.58 million employed but you think the tiny homeless population is going to make a difference in the unemployment rate.

Fuck you really are brain dead zombies.

You retards said it would kill jobs. It didn't.

Most of the jobs are govenrment sectors not privet. So your stats are moot.

Because it hurts small business. Even if you make it so McDonald's has to be $15 and mom and pops burger joint pays $10 then experienced workers will obviously take the $15/hour job.
I wouldn't be opposed to raising it to $10 but $15 is fucking retarded. Minimum wage could never buy you a house and a car. Don't know why millennials bought into that meme.

not forgetting running with an all-time low base interest rate for a record amount of time and STILL only seeing pathetically low growth

MUH OBAMA

Pay close attention who he sidesteps points that are devestating to his argument to continue the concern trolling.

Personally, I am through with this thread and will be saging. I typically don't engage this character at all, but I quickly learned why this is the case. He is a robot who recites a script.

Why exactly is Seattle representative of the United States? There are more Asians than Blacks in that city.
How else has the local economy changed, other than unemployment (which is certainly something that can be disputed, but I'll leave that to others)? Have the costs of food gone up? Do low-skill individuals have to leave the city to find work?

Many people in the past have referenced how New Jersey raised their minimum wage, while PA did not, and their unemployment rates both stayed about the same. This argument ignores who is being employed and where. Unskilled black workers get screwed in New Jersey, because it is harder for them to compete in NJ for a higher-wage job.

One other thing that is often ignored with minimum wage laws, but I can't really fit it in anywhere else, is that it ignores the context of the worker. A kid can have millionaire parents, but still have to work a job, because his parents expect him to. This kid does not NEED $7.25/hr, but he is required to be paid that much, even though the value of his labor is less than that. People who argue for a higher minimum wage often view it in terms of the poor individual who cannot afford to live on minimum wage (nevermind the fact that you can if you don't live in a city, and you aren't supposed to live on minimum wage in the first place), but never in any other context, even though many minimum-wage workers are not poor, but just young.

Ahhhh yes, this has happened so many times when the min wage is raised in other countries, or in the US like hereTry again Drumpfster

>there are jobs that pay minimum wage
>minimum wage is raised
>those jobs are now illegal
why are leftists so retarded

Why did libtards learn everything they know about wealth from cartoons?
Rich people aren't Scrooge McDuck. They don't store vast hoards of money in vaults or under their mattress or in massive piles. They invest it. Business owners reinvest it in business. Everyone else invests it in stocks, mutual funds, real estate, etc. (ie BUSINESS)
That money doesn't just sit somewhere and gather dust. It gets invested and gathers dividends. CAPITAL is need to run a society, and in CAPITALism the rich invest that money to grow businesses, create jobs and improve total human welfare through competition, economies of scale, efficient supply chains, and so on.

Jesus libs are fucking stupid.

Rich people do not literally liquidate all assets and purchase gold coins they swim through at night in a vault with a dollar sign on the door.

BAHAHHAA MUH LABOR FORCE SEATTLE NOW TOO?

The CLFPR is falling because of retiring boomers and more students. WHAT DID YOU THINK IT WAS RETARD?

You retards promised me a higher minimum wage would kill jobs. But it didn't.

ah yeah, now you quote jobs, you fucking total moron

the growth has been in low income industries, the mix of jobs has been fucking terrible

and that's still ignoring the LABOUR FORCE PARTICIPATION RATE, you absolute left-wing moron

Make labor artificially more expensive locally and you'll see half the jobs in your country being outsourced overnight.
Right now labor here is dirt cheap and unemployment levels are absurd.
I don't even think greed or mismanagement are the main problems here, I think it has more to do with overpopulation and advances in automation.
I think raising the minimum wage in this situation would just make things worse, even if it is with the best intentions

If you cut minimum wage won't be the companies be able to pay even less to the more cheap immigrants?

OH SMART MAN DRAW POOR ME AND RICH WHITE MAN HMM YASS I GIVE UPVOTE HEHOHE

AM FIGHTIN FOEEQUOLITEEH

DUUUH

They have a $15 min wage because the big bad liberal gubmint ordained it so.

So the higher minimum wage didn't kill jobs like right wing retards promised.

Walmart and even small businesses probably make in one day what an empliyee would be paid in 6 months of work. I dont see issue with raising min wage.

I work at a warehouse for 15$/hr, I do harder work than a fag flipping burgers or some fucking cashier who sits on their phone waiting for customers to come in and operate what is essentially a machine so easy to use a kid or a robot could do their job. Now anybody who makes anything between 10-15$ will be making the same regardless of how hard they work for their paycheck and force prices to adjust, thus hurting the lifestyles of anyone within that income range but only marginally helping the faggots working a mcjob?

So you'll hurt working class citizens like me, so burger flipping fuckboy can buy more pot instead of having to decide between his habit and his rent every month?

And it's not like I'd have any other options other than trying to find an even higher paying job or just nutting up and dealing with having my lifestyle diminished.

The amount of people's quality of life you'll end up hurting is greater than those you'll help. Which makes you a faggot who thinks the needs of the few are greater than the many if they can spin a sob story about their shitty situation. Fuck you, you bleeding heart libtard.

>sit by a trashfire, hungry because you hadnt eaten in days
>A-at least I have a job

Anti-minwage people never did an honest work in their lives

And, in 5-10 years, when the impact fully shakes out, I'm sure you'll have a new reason that it isn't the minimum wage's fault.

you're right user we need socialism

gee, i just predicted that. but obviously, peddle your propaganda, because that's what you're here to do.

>wants $15 minimum wage
>wants everyone to be employed
>thinks these jobs can't be automated
You're living in a fantasy world if you think these policies will work outside of a small, racially homogeneous country will productive and smart citizens.

>ah yeah, now you quote jobs, you fucking total moron

YOU FUCKING MORON. SEATTLE HAD THE HIGHEST EMPLOYMENT GROWTH IN THE COUNTRY.

You retards promised a higher min wage would kill jobs. It didn't. Admit you were wrong and KYS

>Triggered
We don't get triggered by the buzzing of gnats, the word you're looking for is "irritated." You open your mouth, you get your teeth backhanded out. You have no voice in congress and you won't get one for another eight years if you keep demanding things you don't deserve.

People always forget the knock on effect towards well paying jobs if there is a big jump in minimum wage, if in one state it goes from 7 dollars and more than doubles to 15, then the person on 15 needs a pay rise on so and so forth until small to medium sized businesses collapse and your left with 1800's style megacorps

DID you know? 47% of the 1% are Jewish?

HOLY SHIT YOU RIGHT WING RETARDS GOT BTFO XDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDDD

I work retail where we need to constantly work in backroom lifting boxes 50-100lbs while dealing with customers and keeping store full. I only make $11. Stop crying you little bitch.

Funny how you never answer why the CLFPR is falling. There are 95 gorillion RETIREES, full time high school students, full time university students, stay at home moms, sick, disabled, etc. NOT IN THE LABOR FORCE.


What is the right wing retard conspiracy here? YOU NEVER ANSWER THIS.

You don't even know what a labor force is do you? Typical right wing retard.

What does this have to do with Seattle's min wage? They had the highest employment growth in the country you filthy fucking retard

wow, genius, when people can't find work, the most hopeful of them enter education

are you really that fucking braindead you don't understand this simple dynamic?

and your attached images show absolute numbers, you cretin. you're supposed to quote fucking deltas. you'd know this if you had any sort of traceable intelligence.

You wanna ban child labour? That will ruin the economy!

bush did better than obama

15/hr is great. We just need to keep printing money. Surely nothing can go wrong...right?

>huu huu if you believe that employing more people is more important than paying baristas $15 an hour you've never held a job huu

Leftists are pathetic. Makes it extra fun to know that you losers got your teeth removed in the most one-sided shit stomping since Mondale. You should probably just slit your own throat now since you're never going to be politically relevant again.

I was on the fence but that graph pulled me over the line.

Does anyone else know about bullshit?

You are already being paid the most that your employer can afford while still paying other employees and themselves. If the government forces your employer to pay you a higher wage he might have to lay off employees or cut his own salary (which he has earned, and has the right to set). There are certainly cases where bosses hoard all the money for themselves and pay employees in peanuts but nothing is stopping a man with some minor speck of a motivational drive from packing up and going to work somewhere else. Blaming muh minimum wage for your shit station in life is sad.

wow, another show of absolute numbers. gee, here's a hint

80 year olds PROBABLY DIDN'T RETIRE OVER THE PAST 5 YEARS

plebs arguing over how little they should make while the billionaires and elites laugh at them

Im triggered by the government interefering in the economy in any way

It all leads to inflation and loss of productivity

Yes I'm libertarian, I don't give a shit, all the government does is take our money and subsidizes shitty behavior