Why shouldn't the minimum wage be increased to $15? Why shouldn't the minimum wage be a living wage?

Why shouldn't the minimum wage be increased to $15? Why shouldn't the minimum wage be a living wage?

If you give the poor more disposable income, they will spend it on goods and services and it will actually make the economy stronger. Prove me wrong

Why don't we just exempt the poor from income tax instead?

oh right, it's because once a tax is instituted, it's NEVER going away

because then you increase the operating costs of businesses, user

imagine if all of a sudden it cost twice as much to maintain the same workforce. how much would this cut into company profits? if you're a public company, how are you going to explain to shareholders that profits have taken a large hit because operating costs are up?

b-b-but bernie told me if a business can't pay (((livable wages))) they shouldn't be in business

They will only spend it on alcohol and cigarettes

I don't necessarily hate the idea, but it will cause some inflation and it will hasten automation. It's nothing more than a temporary fix. I'd be okay with it as part of a larger workforce reformation strategy

That's a strawman.

Minimum wage should be disposed of entirely. All that is being done is that the government is preventing unskilled people whose work is not worth min wage from finding work, and preventing jobs that cannot justify paying minimum wage from being created.

If an employer won't pay you enough, don't take the job, that's your choice. Minimum wage removes your choice ( and your freedom).

I agree user but it would destroy a lot of low-end labor jobs like fast food and retail. Shit would all become automated overnight and the people we're trying to help would be much less employed

Because all minimum wage increases do is flood the economy with more money, causing inflation. You need to take money out of the system to make the American dollar worth something again.

Because every factory floor job that isn't maintenance on robots will disappear.

Because that will accelerate automation and i'm not sure we want to speed up what is going to be a difficult transition into a post industrial society. But I would be cool with raising the min wage if we also put a permanent halt on all immigration (and preferably deported all the sub par minorities but that's unrealistic.)

stop spamming this shit thread

so they go out of business, and now there are less jobs

imagine.

all these businesses just close their doors. thousands and thousands of people who were making shit pay, now receive NO pay

is that better?

Which laughably enough means only highly efficient multinationals will be able to compete. So much for helping the little guy.

You're under the false impression that if the minimum wage is raised, the result will just be that everyone who's currently earning minimum wage will get more money. The real result is many of those people will just lose their jobs instead.

Have some fresh pasta

Remember when $5 an hour was livable?
>probably not
Of course thanks to inflation and other matters, livable wage now requires a higher digit.

So I now ask you this.
Why hasn't income kept up?
Answer: taxes.

There you go.

Yea pretty much this. We are going to have to do a major restructuring of our society regardless. Importing shitskins en mass to delay the inevitable only compounds the future problems.

Inflation.

Now fuck off and take an economics class.

the definition of inflation is an increase in the currency supply. increased prices for goods are the result

Why settle for a living wage? Why not push for a Porsche driving, vacation house in the Bahamas owning wage? 1000 $/hour is perfect, to my understanding.
Why should the famished masses, who of course have more of right over the world than anyone else, settle for anything less?

Problem is I don't think the free market can actually support labor anymore as labor surplus continues to grow via automation.

Why not 15.01 or 14.99?

There should be zero wage laws

I think a family of 4 in a room sharing a house with 3 other families of 4 is what the standard living wage should be based off of.

Be careful. Op seems stupid enough to be unable to detect your sarcasm.

half the population in Egypt live with under 120$ a month

Then the goods prices go up


t. Country with $17.70 min wage

I think it all comes down to, if you can't afford to support a family, don't have a family. No reason to raise minimum wage if you stay within your means and don't spend what you don't have

>doesn't understand that cost of living is relative

The bigger problem is that poverty has always implied no water, no electricity, no heating, no gas because there's no money. Today, you are considered to be living in poverty when you've got all of that, except money.

Socialists make that mistake all the time, just like saying that the industrial revolution has increased death counts just because all the farmers have moved to the city and they're now exposed to reality.

I understand, however we import almost everything, so we are fucked

If you make under $10k as a single person, you pretty much are exempt plus you receive earned income credit so you get everything back plus more.

The minimum wage should not be a living wage because not all work is "living" work.

If you failed to secure a skill set that allows you to make enough money to support yourself, that is not your employer's fault. Ergo, your employer should not have to pay you more than you are worth.

As for the economic benefits, the government's responsibility is not to maximize economic growth. Its responsibility is to protect your rights (in this example, property rights related to company profits).

As an example, the "government needs to maximize economic output" argument would justify doing things like banning cigarettes and alcohol. Both of those things contribute to enormous sums of money spent on drunk driving, cancer/other health issues, and keeping people in jail. The resources used to produce those goods (e.g., land to grow tobacco, human labor) could also be used to do something that would actually contribute to the advancement of human kind, rather than disease and diminishing health. It isn't the government's place to try to engineer the perfect economy.

See, I'm actually introducing more sarcasm in the system so the value of it will go down, and once everyone is well supplied OP will be able to afford it on the cheapo.
Its that kind of people who accidentally the economy everywhere.

Because it ends up destroying the jobs of small businesses and, ironically, puts more control in corporations as a result.

Additionally, consider the fact that since you live in America and have access to the internet, you are likely in the top 1% of global earners.

I'll take your wealth redistribution ideologies far more seriously when you begin sending 70% of your pay to sub-Saharan Africa.

"BUT I TOTALLY CARE ABOUT THE SMALL BUSINESSES LOLOLOLOL!"

SMALL BUSINESS ARE LITERALLY MAKE THE RICH RICHER
MORE TAX FOR FAIRER DISTRIBUTION OF LABOUR

If you increase the minimum wage that much, housing prices start going up.

Even the term "living wage" is vague and misleading as fuck. When people like you say "living wage", what you actually mean is a wage that allows you to live """"""""""""""""""""independently"""""""""""""""""""" at a particular standard (who decides what this standard is?) even if you make shitty desicions.

1 post by this ID.

I was going to ask OP how many people he employs and how much he pays them.

someone should make this a Sup Forums badge with the "it really makes you think" meme around the bottom of the outside ring, like this one