View Poll Results: Should min wage be removed?

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  • Yes

    28 31.46%
  • No

    61 68.54%
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Thread: Should min wage be removed?

  1. #271
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    Re: Should min wage be removed?

    Quote Originally Posted by phattonez View Post
    I never said large. It only has a large effect on those worst off in society. For the typical middle class schmoe, there would be virtually no effect on his employment opportunities (directly).
    Those who it effects are almost all younger workers. For the most part the younger workers that are "negatively" effected have lower employment, not higher unemployment. This is because most of the teens that are affected by the minimum wage simply leave the labor market. I can only assume that most of them go back to school and learn so that they will be worth more than the minimum wage when they re-enter the labor market.

    Plus you cannot simply discount that those who are searching for a job may now very well search harder because the potential payoff is larger with a minimum wage. Perhaps for those that are looking for a lower end job now, a minimum wage actually makes them better off.
    Last edited by drz-400; 10-11-10 at 12:08 AM.

  2. #272
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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.
    Nobody but a few greedy corporate assholes are responsible for outsourcing. Everything else is elitest bull**** excuses.

  3. #273
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    Re: Should min wage be removed?

    If you support minimum wage, then why not raise it to $100, $500, or even $1,000?
    'The whole universe is going to die!'

  4. #274
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    Re: Should min wage be removed?

    Quote Originally Posted by Vader View Post
    Nobody but a few greedy corporate assholes are responsible for outsourcing. Everything else is elitest bull**** excuses.
    People do whatever feels good to them. There is no sense blaming them for the inevitable instead of making undesirable behavior sufficiently painful.

  5. #275
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    Re: Should min wage be removed?

    Quote Originally Posted by Vader View Post
    Nobody but a few greedy corporate assholes are responsible for outsourcing. Everything else is elitest bull**** excuses.
    I think you are turning into to Vader. He had an anger problem too.
    "He who does not think himself worth saving from poverty and ignorance by his own efforts, will hardly be thought worth the efforts of anybody else." -- Frederick Douglass, Self-Made Men (1872)
    "Fly-over" country voted, and The Donald is now POTUS.

  6. #276
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    Re: Should min wage be removed?

    Quote Originally Posted by peepnklown View Post
    If you support minimum wage, then why not raise it to $100, $500, or even $1,000?
    This only proves the argument for a minimum wage does not apply in all cases. The topic at hand is, should the minimum wage be removed? The US has a relatively low minimum wage, especially when comparing it to an absurd amount of $100.

  7. #277
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    Re: Should min wage be removed?

    Quote Originally Posted by drz-400 View Post
    This only proves the argument for a minimum wage does not apply in all cases. The topic at hand is, should the minimum wage be removed? The US has a relatively low minimum wage, especially when comparing it to an absurd amount of $100.
    False statement since if the US has a relatively low minimum wage then jobs would not be going overseas. Face it, the minimum wage is much higher then in other parts of the world. In one of the provinces of India the minimum wage is 190 Rupees which equals 4.27 USD. In China the minimum wage is 2.69 Yuan or 39 cents USD an hour.
    Last edited by The_Patriot; 10-11-10 at 09:22 AM.

  8. #278
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    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    False statement since if the US has a relatively low minimum wage then jobs would not be going overseas. Face it, the minimum wage is much higher then in other parts of the world. In one of the provinces of India the minimum wage is 190 Rupees which equals 4.27 USD. In China the minimum wage is 2.69 Yuan or 39 cents USD an hour.
    Why would you compare the minimum wage of the US, a first world nation, to that of China and India? A more relevant comparison would be between other 1st world nations such as Canada, Australia, Japan, countries in eastern Europe, or the Nordic countries. Even then, it would make more sense to judge the minimum wage based on its relation to the average wages paid in that particular country.
    Last edited by drz-400; 10-11-10 at 10:10 AM.

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    Re: Should min wage be removed?

    Quote Originally Posted by drz-400 View Post
    Why would you compare the minimum wage of the US, a first world nation, to that of China and India? A more relevant comparison would be between other 1st world nations such as Canada, Australia, Japan, countries in eastern Europe, or the Nordic countries. Even then, it would make more sense to judge the minimum wage based on its relation to the average wages paid in that particular country.
    I compared the minimum wage of those two countries because they have lower regulations on labor, business, and every facet of their citizen's lives. By comparing the nations you suggested is cherry picking because they have just as much or more regulations the US has.

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    Re: Should min wage be removed?

    Quote Originally Posted by The_Patriot View Post
    I compared the minimum wage of those two countries because they have lower regulations on labor, business, and every facet of their citizen's lives. By comparing the nations you suggested is cherry picking because they have just as much or more regulations the US has.
    Well then why don't we compare the minimum wage laws in sub saharan africa to the US. Lets just start comparing wages of developing nations and third world countries to that of the US as if there is no reason why workers in the US are paid more.

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