View Poll Results: Should min wage be removed?

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  • Yes

    28 31.46%
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    61 68.54%
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Thread: Should min wage be removed?

  1. #191
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    Re: Should min wage be removed?

    Quote Originally Posted by Korimyr the Rat View Post
    Yes. Labor is essentially a market good; its price is determined by the same forces of supply and demand that govern every other market good. Government policies, like price controls on other goods, can alter the price of a good but not its value meaning that the minimum wage decreases the demand for labor and thus reduces the amount of labor that businesses choose to purchase. It drives people out of jobs and depresses the wages of jobs that would otherwise be worth more than the minimum wage. If we want to help the working class in this country, we should working on keeping jobs here rather than driving them overseas.
    I will have to concur. I guess you saved me some time, Sir.
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  2. #192
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    Re: Should min wage be removed?

    No, never.

    The minimum wage is needed to create a gap between those on welfare and those who do the jobs the ones on welfare refuse. In my country this gap is very small meaning you might as well stay on welfare and moonlight, you'll work less hrs and still make more money than those on minimum wage.

  3. #193
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    Re: Should min wage be removed?

    get rid of welfare and have the govt give that money to businesses to compensate them for increasing minimum wage.
    The best argument against democracy is a five-minute conversation with the average voter.

    An appeaser is one who feeds a crocodile, hoping it will eat him last.

  4. #194
    warrior of the wetlands
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    Re: Should min wage be removed?

    Quote Originally Posted by Djoop View Post
    No, never.

    The minimum wage is needed to create a gap between those on welfare and those who do the jobs the ones on welfare refuse. In my country this gap is very small meaning you might as well stay on welfare and moonlight, you'll work less hrs and still make more money than those on minimum wage.
    well if we got rid of welfare for anyone who can work that issue wouldn't surface



  5. #195
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    Re: Should min wage be removed?

    Quote Originally Posted by TurtleDude View Post
    well if we got rid of welfare for anyone who can work that issue wouldn't surface
    What about corporate Welfare? I am against that very strongly.

  6. #196
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    Re: Should min wage be removed?

    Quote Originally Posted by TurtleDude View Post
    well if we got rid of welfare for anyone who can work that issue wouldn't surface
    I'm not in favour of it but that's true. In the dutch case welfare grows with the economy, which is truly absurd, welfare should be the minimum people need to survive.

  7. #197
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    Re: Should min wage be removed?

    Quote Originally Posted by mikhail View Post
    Your listing industries that have no way near enough demand for the amount of people you suggest they can employ.Yes this is the classic arguement it doesent matter about losing the "old jobs" because through education etc are people wont need them.How many people do ya think can work in finance and IT ?
    Don't you mean how many crooks can work in finance?
    As for IT, the neighbor kid got himself signed up for IT training at one of the local trade schools AFTER local businesses started laying off IT workers. Just a few years before, IT was determined to be worth more money where I work, then they started laying them off. The trick was to boost pay, then demand performance, and get rid of the low performers. So with only the best left in place, and the lesser ones looking for jobs, why would the job market be good for a kid right out of school?
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  8. #198
    warrior of the wetlands
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    Re: Should min wage be removed?

    Quote Originally Posted by tlmorg02 View Post
    What about corporate Welfare? I am against that very strongly.
    define that-if it means a city enticing a company to relocate or build a new factory in that city in return for tax breaks that is really a quid pro quo that the city sees as benefiting its citizens and I don't have a problem with that. its like a city without a pro football team telling a football team that it will build the team a state of the art arena if the team locates in the city.

    the problem is that corporate welfare can mean far more things than welfare given to the untalented or the unproductive and can have some very positive outcomes for the society.



  9. #199
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    Re: Should min wage be removed?

    Quote Originally Posted by pbrauer View Post
    You're saying that employers hire employees the same way housewives shop at the grocery store? That's just silly, they hire employees to get the job done.
    You don't read, and you don't answer questions like the one phattonez asked.
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  10. #200
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    Re: Should min wage be removed?

    Quote Originally Posted by OscarB63 View Post
    get rid of welfare and have the govt give that money to businesses to compensate them for increasing minimum wage.
    How many of those businesses will just keep the money? They certainly won't increase hiring beyond their needs. so those on welfare get nothing...and some can't live without it. Granted, many are welfare cheats, but not most of them..
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