BoatBanter.com - View Single Post

Mr. Luddite

On 10/25/2014 6:53 PM, wrote:
On Sat, 25 Oct 2014 17:35:42 -0400, F*O*A*D wrote:

On 10/25/14 5:33 PM, wrote:
On Sat, 25 Oct 2014 12:34:58 -0400, F*O*A*D wrote:

On 10/25/14 12:19 PM, wrote:
On Sat, 25 Oct 2014 11:25:39 -0400, F*O*A*D wrote:

On 10/25/14 11:12 AM, wrote:
On Sat, 25 Oct 2014 07:34:39 -0400, F*O*A*D wrote:

On 10/25/14 5:59 AM, Mr. Luddite wrote:

Hillary in Boston on Friday:

Now she's claiming that as a senator she voted to increase the minimum
wage in 2007 and "millions" of jobs were created.

She neglected to mention that the only way the 2007 minimum wage bill
was approved by the Senate was by offsetting the cost to businesses by
providing additional tax breaks over the next 10 years.

Then she went on to say that corporations and businesses *don't* create
jobs. Really?

If people like arrogance over competence in their leaders, vote for
Hillary.

https://www.youtube.com/watch?v=1nbFYP3xB6k

1. Indeed, she voted to raise the minimum wage.
2. Her point was that raising the minimum wage didn't cost jobs, as
opponents of such raises like to claim.
3. Her comment about corproations and businesses was directed at the
Republican idea that "trickle down" economics works, and of course, it
doesn't.

But, hey, nice try. The righties here will snap it up.

I think the relevant point is it was a small incremental increase in
the minimum wage, not the quantum leap folks like you advocate. That
would cost minimum wage jobs.
We already had the discussion in the fast food thread that it would
not take much to cause fast food joints to cut their staff through
automation. It may happen anyway, simply because of health care costs.
That would ripple through the other jobs done by unskilled labor.

If I was really worried about workers, I would be trying to figure out
a way to create higher skill, higher paying jobs anyway, not simply
trying to increase the cost of unskilled labor.

Just what "quantum leap" in the minimum wage do you think I advocate?

I had the impression you were a $10.75 guy

At a minimum, and I wouldn't call that a quantum leap.

40% is not a leap?

Considering how far behind the actual cost of living has climbed in the
last few decades, no. Even at $10.75, it isn't a "living wage" in most
urban areas.

Adjusted for inflation, the minimum wage is pretty much exactly where
it was during the Kennedy administration.
Who ever said an entry level job (or less) was even supposed to be a
living wage. I said it before and I will say it again, the problem is
we do not
have enough jobs that are productive enough to justify a living wage.

The idea that we will elevate the most menial labor to career status
simply by paying more for it is ludicrous. All you will do is
eliminate those jobs or push them under the table.

Harry's followup will be that the United States is the only developed
country in the world that does not guaranty everyone a living wage.

That's why immigration to the USA is at an all time high.