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Thread: Gallup: 76% Of Americans Support A Minimum Wage Increase

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by pbrauer View Post
    Raising the minimum wage is good because the money is immediately spent boosting the economy plus there is little evidence it lowers employment levels. Of course conservatives will come up with anecdotal evidence trying to prove their point, but whenever the minimum wage is raised in Oregon employment isn't hurt.


    Gallup: 76% Of Americans Support A Minimum Wage Increase

    More than three quarters of Americans support an increase in the minimum wage, according to a Gallup Poll released Monday.
    Seventy-six percent said the minimum wage should be raised to $9 per hour, a five point jump from March. A law that would raise the minimum wage and tie future minimum wage increases to inflation got slightly less support at 69 percent.

    Fifty-six percent of Republicans said they oppose linking the minimum wage to inflation, while only eight percent of Democrats opposed that type of measure.

    Voters in New Jersey approved a measure Tuesday that raises the minimum wage in the state to $8.25 and ties further increases to inflation.
    minimum wage should only increase on the federal level for inflation,however most determination should be at the state and local levels,since different states have different cost of living.a large jump in federal minimum wage would hurt states with low cost of living,while doing little good for more expensive states.
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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by pbrauer View Post
    Voters in New Jersey approved a measure Tuesday that raises the minimum wage in the state to $8.25 and ties further increases to inflation.
    I suppose it's only natural to watch minimum wage threads turn into simplistic talking points, but I get torn on the fringe.

    In NJ, someone who was making $7.25 will soon be making $8.25. That's $40 more pre-tax income per employee/per week (if I'm being generous... there are ~49k people making minimum wage in NJ, and I doubt all are full time employees).

    Even if not a single job is eliminated, isn't a delay to hire some people... or the outright decision not to create an addition positions significant? At the job seeker level, I'd imagine it's pretty profound compared to the very minor benefit of 40 extra pre-tax bucks for people already having a job?

    There are completely legitimate perspectives from which to agree or disagree with this this poll that has nothing to do with political parties or the assumptions that only one party cares about the little guy.

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    If you had a poll that asked nationwide if the government should give every citizen $100k when they file their taxes I'm sure allot would say yes.

    Allot of people seem to be about "what feels right" despite rational considerations of the pros and cons of such ideas.
    Despite being a conservative I am not entirely against the concept of a minimum wage, I do feel like wages have not grown competitively with the cost of goods.
    On the other hand we can't keep slamming businesses with higher mandatory wages, mandatory healthcare, higher taxes, fees etc, and expect them not to close their doors/and or move elsewhere.

    I hear allot of "we should do this" without any actually reasonable plan to implement it and make it fair for all. I mean having to pay a worker more while getting the same quality of work is hardly fair for a business, particularly a small business.

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by Singe View Post
    Even if not a single job is eliminated, isn't a delay to hire some people... or the outright decision not to create an addition positions significant? At the job seeker level, I'd imagine it's pretty profound compared to the very minor benefit of 40 extra pre-tax bucks for people already having a job?
    As a business owner, I'd say it's not significant at all

    The decision to hire someone boils down to one question: Will hiring another person add to the bottom line?

    If the costs of hiring someone exceeds the revenue their hiring will bring in, then that person is not going to be hired. It's as simple as that. Since this increase amounts to only $40/week, it will only reduce the hiring of people who did not increase the bottom line by $40/week.

    IMO, that # is minimal. Employers don't take on the responsibilities and risks of adding an employee just to make another $40/week. Given the costs per employee, $40/week is an extremely low ROI.
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    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by sangha View Post
    As a business owner, I'd say it's not significant at all

    The decision to hire someone boils down to one question: Will hiring another person add to the bottom line?

    If the costs of hiring someone exceeds the revenue their hiring will bring in, then that person is not going to be hired. It's as simple as that. Since this increase amounts to only $40/week, it will only reduce the hiring of people who did not increase the bottom line by $40/week.

    IMO, that # is minimal. Employers don't take on the responsibilities and risks of adding an employee just to make another $40/week. Given the costs per employee, $40/week is an extremely low ROI.
    Agreed. It has to be minimal. The total number of people making minimum wage in the first place is minimal... in NJ and nationwide. Still, that line exists somewhere, right? It has to... even using your sole definition/question.

    I volunteer that I have no way to quantify that line though. None of my employees make minimum wage (and the benefits they receive are very significant), and haven't made minimum wage myself since I was a teenager and needed (wanted) the income for spending money.

    I just can't seem to help feeling worse for the person whose otherwise newly-created job was scratched off the list (or again... even postponed so that new due diligence could be done) than I do feeling good for the person who just got another $1 an hour. Unfortunately, I can't even imagine what info I could research to satiate that nag. What I do know though, is that it's that nag that would have made me vote "no" on that poll... and it comes from a place of concern, not a partisan one.

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by Singe View Post
    Agreed. It has to be minimal. The total number of people making minimum wage in the first place is minimal... in NJ and nationwide. Still, that line exists somewhere, right? It has to... even using your sole definition/question.

    I volunteer that I have no way to quantify that line though. None of my employees make minimum wage (and the benefits they receive are very significant), and haven't made minimum wage myself since I was a teenager and needed (wanted) the income for spending money.

    I just can't seem to help feeling worse for the person whose otherwise newly-created job was scratched off the list (or again... even postponed so that new due diligence could be done) than I do feeling good for the person who just got another $1 an hour. Unfortunately, I can't even imagine what info I could research to satiate that nag. What I do know though, is that it's that nag that would have made me vote "no" on that poll... and it comes from a place of concern, not a partisan one.
    You seem to have a pretty good handle on it. Sure, there's a a line and yeah, it's hard to say exactly where it is. But it's there and people at that marginal place will get the short end of the stick. It's always been like that
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    Quote Originally Posted by jaeger19 View Post
    the vast majority of folks that need healthcare are on Medicare.. both rich and poor..

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by pbrauer View Post
    Raising the minimum wage is good because the money is immediately spent boosting the economy plus there is little evidence it lowers employment levels. Of course conservatives will come up with anecdotal evidence trying to prove their point, but whenever the minimum wage is raised in Oregon employment isn't hurt.
    'For any business to work, employees must be paid based on the VALUE of their production. Not more, because then the business fails. These arguments never take into consideration the simple formula: Revenue – Costs = Profit/ Loss. Raise the cost and you must raise the revenue in order to generate a profit and avoid loss. It is simple math, which is why I don’t understand why people don’t get it.'

    Economic Data - Jobs. | Silexx Financial Systems: Market Preview

    If you raise the costs (higher wages for no greater productivity), then you MUST raise the prices to maintain the same level of profit.



    Where minimum wage lovers get this idea that you get something for nothing is beyond me.
    Last edited by DA60; 11-18-13 at 04:41 AM.

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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by pbrauer View Post
    Raising the minimum wage is good because the money is immediately spent boosting the economy plus there is little evidence it lowers employment levels. Of course conservatives will come up with anecdotal evidence trying to prove their point, but whenever the minimum wage is raised in Oregon employment isn't hurt.


    Gallup: 76% Of Americans Support A Minimum Wage Increase

    More than three quarters of Americans support an increase in the minimum wage, according to a Gallup Poll released Monday.
    Seventy-six percent said the minimum wage should be raised to $9 per hour, a five point jump from March. A law that would raise the minimum wage and tie future minimum wage increases to inflation got slightly less support at 69 percent.

    Fifty-six percent of Republicans said they oppose linking the minimum wage to inflation, while only eight percent of Democrats opposed that type of measure.

    Voters in New Jersey approved a measure Tuesday that raises the minimum wage in the state to $8.25 and ties further increases to inflation.
    All this poll proves is that only 8% of Democrats have a freaking clue what supply and demand is all about. And people want THEM to run our country???
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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by pbrauer View Post
    Raising the minimum wage is good because the money is immediately spent boosting the economy plus there is little evidence it lowers employment levels. Of course conservatives will come up with anecdotal evidence trying to prove their point, but whenever the minimum wage is raised in Oregon employment isn't hurt.


    Gallup: 76% Of Americans Support A Minimum Wage Increase

    More than three quarters of Americans support an increase in the minimum wage, according to a Gallup Poll released Monday.
    Seventy-six percent said the minimum wage should be raised to $9 per hour, a five point jump from March. A law that would raise the minimum wage and tie future minimum wage increases to inflation got slightly less support at 69 percent.

    Fifty-six percent of Republicans said they oppose linking the minimum wage to inflation, while only eight percent of Democrats opposed that type of measure.

    Voters in New Jersey approved a measure Tuesday that raises the minimum wage in the state to $8.25 and ties further increases to inflation.
    WTF are you talking about, all money is spend boosting the economy. That statement says absolutely nothing, and it just to make you feel good. Obama supports a bill to raise the minimum wage to $10.10/hr, well he's proved himself to be a moron on economics so far, so pardon me if I'm not impressed by his support.
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    Re: Gallup: 76% Of Americans Support A Minimum Wage Increase

    Quote Originally Posted by Paratrooper View Post
    If you had a poll that asked nationwide if the government should give every citizen $100k when they file their taxes I'm sure allot would say yes.

    Allot of people seem to be about "what feels right" despite rational considerations of the pros and cons of such ideas.
    Despite being a conservative I am not entirely against the concept of a minimum wage, I do feel like wages have not grown competitively with the cost of goods.
    On the other hand we can't keep slamming businesses with higher mandatory wages, mandatory healthcare, higher taxes, fees etc, and expect them not to close their doors/and or move elsewhere.

    I hear allot of "we should do this" without any actually reasonable plan to implement it and make it fair for all. I mean having to pay a worker more while getting the same quality of work is hardly fair for a business, particularly a small business.
    McDonalds isn't going anywhere. You could double the minimum wage and they wouldn't actually have to raise food price even one penny. They'd still be profitable. And that's just HQs profits, doesn't even count the franchise owners.
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    We’ll say what? Something like “nothing happened” ... Yeah, we might say something like that.

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