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Thread: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Harry Guerrilla View Post
    My first job, paid $5.15 an hour, I now make much more than that.
    Minimum wage is an entry level paying job, it's for people without any definable skills or skills in the particular job field.
    I'd like to know how many people are actually helped by raising minimum-wages.

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by iliveonramen View Post
    This idea that we'd be flooded with jobs if we got rid of minimum wage is ridiculous.
    that is correct because there is still a high regulatory cost that burdens employers for each American they hire. It is cheaper for the lowest-skill-job employers, therefore, to hire illegal aliens. You will note that we have millions of employed illegal aliens in this country, yet the unemployment rate for young people without a high school diploma is sky high? those two facts are connected; because they are competing for jobs, but government imposes a disadvantage upon one of them.

    now, if we were to mandate use of E-Verify, put in some tough enforcement mechanisms, and reduce the regulatory cost of hiring American workers.... then we would indeed see a flood of jobs... assuming we also tossed our young people off of welfare and unemployment.

    The majority of jobs that are not-exportable (service) are the majority of unskilled labor that we're basically competitive in (due to the fact they can't be exported). That's where minimum wage comes into play and it does equal to some extent higher prices for all...but I think most people agree there should be a basement. There should be a wage aperson earns that at least allows them to survive.
    the problem being that in trying to give them that wage, you actually reduce the wage of many to "nothing"

    By no means is minimum wage a cushy salary.
    agreed. but it is a salary. and more importantly, it is the first rung on the ladder, which allows you to climb up it. as you work you build experience which you can take with you elsewhere. putting that bottom rung beyond the reach of our poorest citizens and then telling them you are doing it for their own good is a cruel jape.

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Thunder View Post
    I'd like to know how many people are actually helped by raising minimum-wages.
    not a few union contracts are negotiated in terms of "multiples of the minimum wage".

    which is why you will often see them advocating for an increase in it. they seem to care less about the poor getting tossed out of work.

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Thunder View Post
    I'd like to know how many people are actually helped by raising minimum-wages.
    That's a good question.
    Instead of people automatically assuming it's good, it's always better to ask and search, to see if it actually pans out that way.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    The liberal ideology of raising the min wage is a horribly failed one. Those already making the min wage only get a wash because for the added cost that business must absorb to pay their low wage workers, they must pass on to the consumer with higher prices. So, the low wage workers don't ever get ahead of the curve on this one. Where it hurts overall is that many businesses will reduce manpower as well, and are now less likely to give bonuses or raises or as much as they had in the past. That hurts the middle income. Businesses will also absorb the increased cost on increasing HC costs to its employers, or will take them longer to provide it if they are a growing business. Middle income workers now not getting as much if any raises and bonuses are now hit with inflation due to the raised min wage. Its a lose lose all the way around.

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Opteron View Post
    I think this is good. Helps to prevent and reduce a poor class. Businesses can deal with less profits/higher prices, I think a high minimum wage is the way to go.
    I agree that this is good, but not for the reasons you outlined. By forcing up the price of low skilled labor, businesses will be "forced" to become less reliant on low skilled labor. As it stands, we have a rather unhealthy addiction to low skilled labor and that's not a good thing!
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    and meanwhile what happens to those low skilled laborers?

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Goldenboy219 View Post
    I agree that this is good, but not for the reasons you outlined. By forcing up the price of low skilled labor, businesses will be "forced" to become less reliant on low skilled labor. As it stands, we have a rather unhealthy addiction to low skilled labor and that's not a good thing!
    But what if you don't need anything but low skilled labor.
    That too, seems arbitrary.
    I was discovering that life just simply isn't fair and bask in the unsung glory of knowing that each obstacle overcome along the way only adds to the satisfaction in the end. Nothing great, after all, was ever accomplished by anyone sulking in his or her misery.
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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by cpwill View Post
    and meanwhile what happens to those low skilled laborers?
    They lose their jobs! Hopefully some of them will actually up-skill in the desire to actually make a decent living.
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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    Re: San Francisco Becomes First U.S. City to Top $10 Minimum Wage

    Quote Originally Posted by Harry Guerrilla View Post
    But what if you don't need anything but low skilled labor.
    That too, seems arbitrary.
    Maybe firms that are only in business because of low skill labor should not be in business?
    It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.
    "Wealth of Nations," Book V, Chapter II, Part II, Article I, pg.911

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