Minimum wage is and should be State controlled. I'm sure the MW should and would be higher in a place like NY which has a much higher cost of living. In Montana or New Mexico it would be lower because it's cheaper to live there.
Do away with minimum wage all together,, its like the slavery welfare programs we have and
its holding people down, thats why blacks called for free at last.. BS they only got
more welfare to hold them down.
Riddel me this. Liberal states and cities do not need the federal govt. to raise the mw. Who don't they do it? Why did the democrats not do it when they had a super majority for two years?
Because even the simplist dem politician knows what will happen. Here is a tip. Don't follow what a politician says. Follow what they do.
Raise the minimum wage and prices go up. Where'd you study Economics? The MW is a social necessity and arguably should be adjusted, but arguing economic benefit is incorrect.
No, as it turns out he is right and you are wrong. Raising the MW gives buying power to people who will spend all the money they take in and will raise prices a very small amount which is unlikely to decrease the quantity demanded. It is an economic good.
I actually did study economics and have a degree in it. Do you?
You are correct in your thinking for a very short period.
When the gov't raises wages the cost of ALL goods and services goes up. It usually takes 3 to 12 months before all costs level off. You do not have to be a rocket scientist to be able to see how higher wages reduces jobs. Easiest places to see this.is: auto mfg, 90+% of the welding is done by robots; 90+% of the painting is done by robot; gas stations no longer have attendants, all self service; Wal Mart's half the check out line are self service; the coal mining industry, automation has reduced employment 90%.
Idiots believe gov't raising wages does not kill jobs. The sad thing about idiots is it is almost impossible to teach them any thing.
Even the gov't, the CBO this time said 500,000 to a 1,000,000 jobs will be lost with raising MW. President and congress do not believe their own figures. Idiots. MO.
If your thinking is good, WOW a $1,000/hour should be the immediate goal.
Historically long, raising the minimum wage does not reduce jobs. In some industries, welding is done by robots. I can tell you there is a shortage of welders in this area where I live. Ship building needs lots of welders for one. There are ads in the paper every week looking for Mig, Tig, and stick welders.
Idiots can believe whatever they want but the data suggests that raising the MW will have little to no impact on jobs. I know data is something that makes you guys itch but smart people know better.
The CBO actually said between ZERO and 1,000,000 jobs will be lost. Are you guys always wrong or always lying...it is hard to tell.
"WOW a $1,000/hour should be the immediate goal"
And anothere wingnut shows how proud he is of his ignorance. You guys are truely frightening in how little you understand the world.