View Poll Results: Results of Raising the Minimum Wage

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  • Greater buying power

    14 25.00%
  • Greater unemployment

    32 57.14%
  • Less unemployment

    7 12.50%
  • Higher prices

    36 64.29%
  • Less competitive on world markets

    25 44.64%
  • Benefits low income workers

    20 35.71%
  • Places people in higher income tax brackets

    7 12.50%
  • More jobs go overseas

    32 57.14%
  • More businesses close

    30 53.57%
  • Benefits middle income workers

    5 8.93%
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Thread: Effects of Minimum Wage

  1. #91
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    Re: Effects of Minimum Wage

    Quote Originally Posted by rivrrat View Post
    Which is good because the products they buy will cost more. Any "extra" money being made by a minimum wage increase is subsequently spent on the increased cost of daily purchases. Those who don't make minimum wage (the majority) aren't given a pay increase, so they just get to pay more for everything that the increased minimum wage forced to go up.
    But does min wage really drive up the cost of things that much?
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  2. #92
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    Re: Effects of Minimum Wage

    Quote Originally Posted by the makeout hobo View Post
    But does min wage really drive up the cost of things that much?
    Businesses do not eat the cost, so it is passed onto the consumer.

  3. #93
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    Re: Effects of Minimum Wage

    Quote Originally Posted by rivrrat View Post
    Businesses do not eat the cost, so it is passed onto the consumer.
    But enough to raise the entire market? We're talking about a few people who flip hamburgers or sell t-shirts.
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  4. #94
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    Re: Effects of Minimum Wage

    Quote Originally Posted by the makeout hobo View Post
    But enough to raise the entire market? We're talking about a few people who flip hamburgers or sell t-shirts.
    So, the cost of your hamburger and t-shirts go up.

  5. #95
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    Re: Effects of Minimum Wage

    Quote Originally Posted by rivrrat View Post
    So, the cost of your hamburger and t-shirts go up.
    But the offset buying power for those at the bottom of the ladder make up for it, as I see it, it helps them more than it hurts them.
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  6. #96
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    Re: Effects of Minimum Wage

    Quote Originally Posted by the makeout hobo View Post
    But enough to raise the entire market? We're talking about a few people who flip hamburgers or sell t-shirts.
    No you're not.

    You're talking about the goonions that base their wage demands on what their members are making in excess of the minimum wage.

    You're talking about, say, a 5% hike in the hourly wage equalling a higher percentage increase in employer overhead which is passed on the purchaser, compounded at all levels until it hits the final consumer.

  7. #97
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    Re: Effects of Minimum Wage

    Quote Originally Posted by Scarecrow Akhbar View Post
    No you're not.

    You're talking about the goonions that base their wage demands on what their members are making in excess of the minimum wage.
    What is a goonion?

    You're talking about, say, a 5% hike in the hourly wage equalling a higher percentage increase in employer overhead which is passed on the purchaser, compounded at all levels until it hits the final consumer.
    So its the employer's fault for going along with it. they could choose not to give other people a raise.
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  8. #98
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    Re: Effects of Minimum Wage

    Quote Originally Posted by the makeout hobo View Post
    What is a goonion?
    SEIU is one example. They're engaged in destroying America and work on several fronts.

    UAW is another. They're engaged in destroying America's auto industry.

  9. #99
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    Re: Effects of Minimum Wage

    Quote Originally Posted by Scarecrow Akhbar View Post
    SEIU is one example. They're engaged in destroying America and work on several fronts.

    UAW is another. They're engaged in destroying America's auto industry.
    ah, Unions. Do you really have to be so crude as to use name-calling?
    The Makeout Hobo is real, and does indeed travel around the country in his van and make out with ladies... If you meet the Makeout Hobo, it is customary to greet him with a shot of whiskey and a high five (if you are a dude) or passionate makeouts (if you are a lady).

  10. #100
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    Re: Effects of Minimum Wage

    Quote Originally Posted by the makeout hobo View Post
    ah, Unions. Do you really have to be so crude as to use name-calling?
    You don't have much experience with Scarecrow, do you?

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