Brett Chamberlin is a Senior in the College of Arts and Science, pursuing a dual major in Politics and Journalism. In his free time, Brett brought back Arrested Development, dissed Sarah Palin, and enjoys trolling religious bigots. On Twitter: @99Brett
So set the minimum wage to $25 and the problem is solved, right? Hey, why not $35? I’m feeling overly generous today. And free health care for all! And real parties - with presents! And pudding. And I want a pony.
That is the most imbecile premise I have seen in at least 10 minutes.
Seems reminiscent of the Carter years.
Heard a union story today. A local plant pays union thugs in 'groups'. Say it's a group of five workers. If one worker puts in 60 hours for the week, everyone in the group gets paid for 60 hours even if everyone else worked 40. Neat deal.
IOW, the author wants to flush his credibility down the toilet right away.
As far as wages go, it’s the worth of the dollar more than anything. The average manufacturing job’s wage back in the 50s (average, mind you) was the equivalent of about $14/hr in 2012 dollars. Get excessive micromanaging regulation out of the way, as well as incredibly excessive taxation, and you will be able to attract more jobs back to the USA to the point where the socialistic “benefit” programs can be torpedoedwhich should happen ASAP per Benjamin Franklin’s maxim on making the poor uncomfortable in poverty.
Serious question. When wages go up, prices go up to get enough profit to pay the higher wages and invest in growth. Right? So if wages go up and prices go up, how does the increased wage help you get ahead? You have more money to buy things that cost more than ever. Makes no sense.
Also, say you have a burger flipper making 10.00 an hour. And you have the team leader making, 12. 00 an hour and a manager making 16.00 dollars an hour. If you give the first two raises to say, 12.00 and 14.00, don’t you have to give the manager a raise too? Where do the raises stop?
Okay so yeah. I’ve never been to business school or owned a business thats obvious. I’m working on common sense here. I’ve just never understood why the lefties think that higher wages is a cure all. To me it defies common sense.
To the left, and many FReepers I’ve seen (try reading ksen on this thread - what a loser: http://www.freerepublic.com/focus/f-news/2963421/posts), believe the job of a business is to provide employment. Of course, they want a “living wage”.
This is pure crap. It’s a job. Take it or leave it. Last time I checked, WalMart doesn’t go around putting guns to people’s heads and force them to work.
It’s typical left wing BS thinking - a “job” has to provide for your every need. This idea sits well with those who can’t find a good paying job because they are IDIOTS!
Any person who thinks they are worth more than they are being paid can easily prove whether that is true. They can go work for themselves. If they make more than at their job, they were underpaid and can keep going on their own. If they make less, they better go back to their regular job and be grateful that they are overpaid.
I did both at once at times. It worked out.
A printing press?
A company that earns no profit pays no wages in very short order.
And I should suppose that Brett is a poster child for the Food Stamp President’s proposal that “everyone” attend college, even the mentally deficient and mentally ill.
Just after Pelosi and Reid took the Congressional branch in 2006, one of the first actions they did was to push for a raise in minimum wage. Immediately after the UE rate started climbing and gas started to spike.
I’m sure it was not the cause of the housing bubble burst, however I do believe it was the “straw that broke the camels back.”
It must be nice to wake up as a liberal every morning with no knowledge of history and only filled with utopian hopes and dreams....
Axiomatic flaw: they think money IS wealth.
It’s not. It represents wealth.
$1 = (total national economic value) / (money supply)
Increase the minimum wage, and we’ll have to increase the money supply, devaluing a dollar to a smaller fraction of total wealth.