This is What Pisses Me Off About The Democrats

[FlyingNarwhal]

"It's a powerful motivator for voters in the Democratic base who are a focal point of Democratic efforts to turn out voters in the midterm elections," Democratic pollster Geoffrey Garin said of the minimum wage push.

Our political system is a fucking joke. This is the whole point of it now. Not to actually solve any issues, but to just try and keep your political party in power. They know that this bill will fail to get a majority vote in the senate. The grand scheme is for both Republicans and Democrats to use the failure of this bill to try and get more voters for midterm elections. Our political parties are the Right Twix Factory and the Left Twix Factory, they're both "against" each other but in reality, they're sold within the same package.

[Ryantology]

Whatever the actual value of the work done at that level, arbitrarily setting a particular number of dollar and cents to it will rapidly inflate or deflate the actual value of the currency to that level.

It's Adam Smith Econ 101, and you cannot get ahead.

If folks at the entry level wage can't make it they need to rethink career goals, their spending and education.

There is no correlation between rises in inflation rates and rises in the minimum wage.

[kılıç_mehmet]

Wow, these people think that its something of a measure to do this. The whole country of America needs an overhaul, and a change of ways.

[Statler Waldorf]

Faced with a higher minimum wage employers will only reduce hours, cut positions, or raise prices. It is very basic economics but the real goal by those on the left here is simply to buy votes. We’d all be better off if we just allowed the market to determine the minimum wage and not the federal government.

[Rampant.A.I.]

Whatever the actual value of the work done at that level, arbitrarily setting a particular number of dollar and cents to it will rapidly inflate or deflate the actual value of the currency to that level.

It's Adam Smith Econ 101, and you cannot get ahead.

If folks at the entry level wage can't make it they need to rethink career goals, their spending and education.

Do you have any idea how expensive formal education is?

Where are they going to get an education on a minimum wage income?

[DeistPaladin]

Faced with a higher minimum wage employers will only reduce hours, cut positions, or raise prices. It is very basic economics but the real goal by those on the left here is simply to buy votes. We’d all be better off if we just allowed the market to determine the minimum wage and not the federal government.

Let an MBA educate you on how business works.

If you lay off workers for any reason other than lack of demand for your products or services, you are cutting off your nose to spite your face. If you cut positions or reduce hours, your customer service will suffer and your production will be reduced. Your disgruntled customers will leave you and go do business with an owner what wasn't so dumb.

On the other hand, if you raise prices, the business owner that didn't will steal all your business. You don't control prices. The market does by supply and demand. You can't just raise price because you want to make more money.

That's why there's no correlation between a minimum wage increase and either inflation or unemployment.

And as long as I'm schooling you...

The only reason that businesses can get away with paying as little as they do is because the workers go on food stamps to stay alive. The government is subsidizing the labor costs of certain businesses. If we won't raise the minimum wage, we should at least bill all corporations who's employees are on food stamps so that they reimburse the tax payers for the cost of the food stamps plus administrative fees.

[Ryantology]

Faced with a higher minimum wage employers will only reduce hours, cut positions, or raise prices. It is very basic economics but the real goal by those on the left here is simply to buy votes. We’d all be better off if we just allowed the market to determine the minimum wage and not the federal government.

Yeah, you're just as full of shit as the last guy.

[Wyrd of Gawd]

Whatever the actual value of the work done at that level, arbitrarily setting a particular number of dollar and cents to it will rapidly inflate or deflate the actual value of the currency to that level.

It's Adam Smith Econ 101, and you cannot get ahead.

If folks at the entry level wage can't make it they need to rethink career goals, their spending and education.

Poor people don't buy very many goods and services. Some folks crapped bricks when New York State passed its first minimum wage law in 1933. The first federal minimum wage law established a wage of 25 cents in 1938. The Repubs thought that the world was going to end.

[TaraJo]

Faced with a higher minimum wage employers will only reduce hours, cut positions, or raise prices. It is very basic economics but the real goal by those on the left here is simply to buy votes. We’d all be better off if we just allowed the market to determine the minimum wage and not the federal government.

The opposite seems to happen, actually. Raise minimum wage and you increase demand. If, all of a sudden, I got $1 an hour raise, I'd immediately use that raise to get things like food, car repairs, video games, clothes and stuff like that. In turn, that increases the amount of business the stores who sell those things do.

I swear, the right side of politics is so focused on 'supply' that they've forgotten that demand is even a thing.

As for the original post, I would like the demorats tactics there, but there's one big flaw: they're demonstrating that they're willing to compromise and work with the Republicans, but the GOP is demonstrating that they're about as hard headed as they can get. It would be great campaigning for the Democrats if the voters actually remembered more than a few months before the elections.

[DeistPaladin]

Just in case my last post wasn't clear to those without business savvy who argue that minimum wages or health care mandates result in layoffs, let me spell it out with a hypothetical.

You make widgets. You have 5 employees who make them. You serve customers with about 100 widgets a day.

The government raises the minimum wage or creates a health care mandate, raising the cost of your labor.

Your response as a business owner is to lay off one of the five workers. Now each worker, who normally makes 20 widgets a day is now expected to pick up the slack and make 25. Surprise, surprise, it doesn't work that way. There is no magic way that an employee can suddenly increase their productivity by 25%.

So, a number of possible things can happen as a result of your bone-headed decision to spitefully lay off an employee because of the government mandate:

1. Quality suffers.
2. Case delivery falls behind schedule.
3. Customer service suffers with fewer employees servicing the same number of customers.
4. Widget production suffers more mistakes and rework because of excess workload per employee.

Bottom line: You begin losing customers and your business suffers. Meanwhile, your competition picks up your disgruntled customers and they grow.

Show me a business owner that lays off workers because they have to pay them more and I'll show you a business run by a bonehead who's going out of business.

His/her competition that simply lives with less margin will make up for it in volume.

Hope this helps.