Page 3 of 4 FirstFirst 1234 LastLast
Results 21 to 30 of 36

Thread: States with higher minimum wage gain more jobs

  1. #21
    Sage
    jamesrage's Avatar
    Join Date
    Jul 2005
    Location
    A place where common sense exists
    Last Seen
    12-10-17 @ 09:23 PM
    Gender
    Lean
    Slightly Conservative
    Posts
    31,067

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by Henrin View Post
    The effects of the minimum wage are hard to measure due to so many other factors, and the debate over the positives and negatives of minimum wage are still very much debatable. Regardless, the majority of economists agree that minimum wage laws increase unemployment among low skilled workers.
    Because there are other factors to consider then apparently most of those economists are wrong.Perhaps those economists were merely projecting their own anti-minimum wage bias into their opinions.
    "A nation can survive its fools, and even the ambitious. But it cannot survive treason from within. An enemy at the gates is less formidable, for he is known and carries his banner openly. But the traitor moves amongst those within the gate freely, his sly whispers rustling through all the alleys, heard in the very halls of government itself. For the traitor appears not a traitor; he speaks in accents familiar to his victims, and he wears their face and their arguments, he appeals to the baseness that lies deep in the hearts of all men. He rots the soul of a nation, he works secretly and unknown in the night to undermine the pillars of the city, he infects the body politic so that it can no longer resist. A murder is less to fear"

    Cicero Marcus Tullius

  2. #22
    Sage
    faithful_servant's Avatar
    Join Date
    May 2006
    Location
    Beautiful Central Oregon
    Last Seen
    Today @ 11:37 AM
    Gender
    Lean
    Very Conservative
    Posts
    10,682

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by iguanaman View Post
    The data plus simple logic supports it though. Employers hire when they need help, a few dollars a day does not change that NEED.
    The data doesn't support the assertion. It might, but there's no causation defined. Without a direct cause and effect all you have is coincidence. Show us a real cause and effect relationship and you could be making a point, but without that all you have is similar trends.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

  3. #23
    Sage
    faithful_servant's Avatar
    Join Date
    May 2006
    Location
    Beautiful Central Oregon
    Last Seen
    Today @ 11:37 AM
    Gender
    Lean
    Very Conservative
    Posts
    10,682

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by rcart76 View Post
    All you guys on the right miss the OP entire point.

    The fact that those 13 states had faster job growth than the other states debunked the myth from the right that increasing the minimum wage would hurt job growth.
    No, it didn't. It simply showed that someone can data mine and find two similar trends and claim a relationship exists. Show us the cause adn effect of the relationship and you have a valid argument, but wihtout that, all you have is an assumption.
    Our nation has not always lived up to its ideals, yet those ideals have never ceased to guide us. They expose our flaws, and lead us to mend them. We are the beneficiaries of the work of the generations before us and it is each generation's responsibility to continue that work. - Laura Bush

  4. #24
    Guru

    Join Date
    Sep 2012
    Location
    Columbus, OH
    Last Seen
    Today @ 02:26 PM
    Gender
    Lean
    Liberal
    Posts
    4,482

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by Henrin View Post
    The effects of the minimum wage are hard to measure due to so many other factors, and the debate over the positives and negatives of minimum wage are still very much debatable. Regardless, the majority of economists agree that minimum wage laws increase unemployment among low skilled workers.
    Well, lets examine those claims then. For example, the CBO estimate rested on three fatally flawed assumptions:

    1. That businesses would react to a minimum wage increase by terminating their minimum wage workers and shifting their workload to other employees who already earn more than minimum wage.
    That businesses would react o a minimum wage increase by reducing their workforce.

    OR

    2. That businesses would react o a minimum wage increase by reducing their workforce.

    OR

    3. Some combination of the two.

    All three scenarios make for an excellent theory but none of them are reflective of reality. You see, the problem is that the businesses we are talking about have a predominately minimum wage workforce so 1) They don't have high-wage employees waiting in the wings to shift the workload to and 2) Their bottom line depends on selling large quantities of cheap products which in turn depends on having a workforce large enough to accommodate those sales. Reducing their workforce and thereby reducing their sales and footprint would be more costly than paying a higher minimum wage.

  5. #25
    Sage
    longview's Avatar
    Join Date
    Jan 2012
    Location
    Texas
    Last Seen
    Today @ 02:11 PM
    Gender
    Lean
    Conservative
    Posts
    14,319

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by Napoleon View Post
    Well, lets examine those claims then. For example, the CBO estimate rested on three fatally flawed assumptions:

    1. That businesses would react to a minimum wage increase by terminating their minimum wage workers and shifting their workload to other employees who already earn more than minimum wage.
    That businesses would react o a minimum wage increase by reducing their workforce.

    OR

    2. That businesses would react o a minimum wage increase by reducing their workforce.

    OR

    3. Some combination of the two.

    All three scenarios make for an excellent theory but none of them are reflective of reality. You see, the problem is that the businesses we are talking about have a predominately minimum wage workforce so 1) They don't have high-wage employees waiting in the wings to shift the workload to and 2) Their bottom line depends on selling large quantities of cheap products which in turn depends on having a workforce large enough to accommodate those sales. Reducing their workforce and thereby reducing their sales and footprint would be more costly than paying a higher minimum wage.
    You completely missed the most likely response.
    Businesses react to the higher minimum wage, as an increase in the cost of goods sold, and increase their prices accordingly.

  6. #26
    Guru

    Join Date
    Sep 2012
    Location
    Columbus, OH
    Last Seen
    Today @ 02:26 PM
    Gender
    Lean
    Liberal
    Posts
    4,482

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by longview View Post
    You completely missed the most likely response. Businesses react to the higher minimum wage, as an increase in the cost of goods sold, and increase their prices accordingly.
    Such price increases would be so small as to be irrelevant.

  7. #27
    Banned
    Join Date
    Sep 2012
    Location
    Chicago
    Last Seen
    10-30-14 @ 12:38 AM
    Gender
    Lean
    Libertarian
    Posts
    7,908

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by TheDemSocialist View Post
    Read more @: States with higher minimum wage gain more jobs

    More ammo to those who favor raising the wage. They were told if they raise the wage jobs would be loss, in seems that the opposite is happening. Those states who raised the wage are currently creating more jobs. [/FONT][/COLOR]
    That is a crock....

    You do realize when overhead goes up companies tend to cut back????

    I don't even know how you can possibly believe higher minimum wage means more jobs...... All higher minimum wage equals is one of two things a) product prices will go up OR b) there will be mass layoffs and many businesses will close their doors (which is what I suspect some desire)...

    The best part is that if minimum wage was 15 bucks an hour - noting would change considering inflated product costs. So say you're paying 1.25 for a bar of soap now - if you get minimum wage you will be paying 2.50 - so how exactly does that help those making minimum wage considering consumer prices will just adjust???

    Do you really think there will be no repercussions to nearly doubling the minimum wage?

    The only intelligent solution to "poverty" or minimum wage is to tie minimum wage to regional standard of living.

  8. #28
    Sage
    apdst's Avatar
    Join Date
    Jun 2009
    Location
    Bagdad, La.
    Last Seen
    Today @ 01:52 PM
    Gender
    Lean
    Very Conservative
    Posts
    76,324

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by TheDemSocialist View Post
    Never said raising the wage was the cause of the job growth. Stating that it did not cause job losses..
    It didn't cause job losses in those states...yet.
    Quote Originally Posted by Top Cat View Post
    At least Bill saved his transgressions for grown women. Not suggesting what he did was OK. But he didn't chase 14 year olds.

  9. #29
    Banned
    Join Date
    Sep 2012
    Location
    Chicago
    Last Seen
    10-30-14 @ 12:38 AM
    Gender
    Lean
    Libertarian
    Posts
    7,908

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by TheDemSocialist View Post
    Never said raising the wage was the cause of the job growth. Stating that it did not cause job losses..
    Yeah well it's going to.

    Do you really think businesses are don't worry about their own salvation?

    That is one of the problems with this "15/hr" crowed - they have absolutely ZERO concept of how a business works.

    You do realize that business owners are in business to pay their own bills too just like their employees? No instead their employees think they OWN the business and the owner is THEIR employee..

    Yeah, go ahead and pass that 15/hr nonsense and see how many businesses become automated, shut down or just lay people off...

    IMO, the economy has dramatically shrunk and is still in shambles and YOU want more????

    Businesses are barely surviving as it is and you just want to tank them more, because you're under some illusion that every business owner is a highly successful greedy millionaire - when in reality most business owners owe more in debt than you can make in your entire life.

  10. #30
    Gradualist

    Join Date
    Apr 2011
    Last Seen
    09-25-17 @ 12:48 PM
    Lean
    Socialist
    Posts
    34,949
    Blog Entries
    6

    Re: States with higher minimum wage gain more jobs

    Quote Originally Posted by Mr.Nick View Post
    Yeah well it's going to.
    When?


Page 3 of 4 FirstFirst 1234 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •