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"Mr. Luddite" wrote:
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. Hell, you get a living wage here, from 18 on and never have to work. |
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