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... because their governments force them to?
Or perhaps a strain on supply of workers after these new markets have been exhausted?
... because their governments force them to?
Or perhaps a strain on supply of workers after these new markets have been exhausted?
The two aren't mutually exclusive. It's also worth noting that China is an unnatural case to begin with. In history, labor is not an import.
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.
I suppose it's only natural to watch minimum wage threads turn into simplistic talking points, but I get torn on the fringe.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.
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?
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.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.
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.
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.
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.
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.