100
2 votes
Jun 16, 2015

Could people explain why they feel it shouldn't be raised? I don't really understand why people have that opinion.

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100
main reply
2 votes,
Jun 16, 2015

The general concept is that if you are willing to put in a 40 hour work week at a job you should be able to support yourself but the catch is that it is too expensive to do that at current minimum wage.

The general opposition is that the minimum wage should be terrible to encourage people to want better, the catch here is that it is too hard to escape the bottom tiers of the pay scale, the idea of mobility that America is supposed to represent is fading away. The counterpoint here is that unemployment should be low but minimum wage should be a living wage (on average this would be close to 12/hr in many places).

The usual way this discussion goes is the rich people want to demonize the poor people as being lazy as a reason to justify not raising the minimum wage, however this argument doesn't hold water when we are talking about people putting in a full work week already. The other opposition point is that it will be bad for businesses, and reduce hiring. History has proven that this is not true, but it is still used as an argument somehow.

The people who are for a raise want to demonize the rich people because they aren't willing to share the wealth that labor creates. Minimum wage has been stagnant while productivity has risen, resulting in a huge disparity between the laborers and the owners and the owners reap significant benefits without giving back to the community via better wages (which is what the economy needs to work properly) even though we get more "stuff" produced.

The heart of the argument is the failure of trickle down economics, nothing trickles down. The fact is the businesses that make the money have the choice of keeping the all of the profits or giving some extra to employees so they have a living wage. They aren't taking money from people (so it isn't literally a zero-sum game), but they are taking away opportunity for growth and claiming that the mere fact that they bother to employee people should make society worship the greatness of the gesture and promptly shut up.

The real solution is not just raising minimum wage, but also fighting to bring down costs so that more people can afford to survive AND buy stuff AND save to get ahead in life. Right now people can't afford to buy things, can't afford to save and can barely afford to survive, if even that all the while being told that they are worthless, lazy people who should praise their highly profitable employers for allowing them the pleasure of struggling to not be able to survive.

If we want a country with a real middle class, we have to make the middle class possible again, instead we see companies laying off and re-hiring at wages that are much lower and keeping many positions below a living wage yet above the minimum wage in order to reap greater profits.

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100
linked reply
1 vote,
Jun 16, 2015

I never really got how giving money to people with money so people without money would have more money made sense. So you're basically saying that people who don't want minimum wage raised are either misinformed about the state of the poor or actively spreading disinformation about the poor for their own benefit?

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100
2 votes,
Jun 16, 2015

It isn't so much as disinformation as it is a mantra among the already wealthy. They view poor people as lazy, undeserving slobs who didn't work hard enough to be a millionaire because doing so was easy for the already wealthy in many cases.

The already wealthy have no concept of what it is like to be poor and how difficult escaping that corner of the world is.

As far as prices raising due to minimum wage increases, this is caused by corporate greed. The businesses want X profit margin or higher so if the cost of making goods goes up then the price to sell it for goes up to keep profits where they want them. In this way the already wealthy take opportunity for growth away from the not wealthy, which reduces economic mobility.

The whole point is that the already wealthy can handle not making 5000% profit and instead they can do pretty well at 4000% profit while sharing that 1000% profit with their workers. This would create a robust economy, but the already wealthy don't need a robust economy since they already have their money no one else matters.

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0
0 votes,
Jun 16, 2015

Ok, thanks! This has been very enlightening. I really think it's a shame people don''t work together to improve the world more.

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0
0 votes,
Jun 16, 2015

No This is why every time the wage is raised those working for that wage loose jobs, 2nd Prices raise in order to compensate for the higher cost of labor so all that really occurs is prices go up so the minimum wage worker really gets no benefit they make a few dollars more but that money is spent on the raise in the cost of good consumed.

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User voted No.
main reply
0 votes,
Feb 21, 2016

Let's say we raise the min wage to $15 an hour, what will happen. Well, assuming the business don't automate their job, (fast food is already looking at burger making machines and they are close to building them) the guy that is already making $15 and hour will expect a raise by at least that same amount the person above him will expect the same. Of course this will drive up prices, which means in a short time those making min wage will be in the same boat they are in now.

The easy way to look at this is to take minimum wage to the extreme and see what would happen, say $50 and hour or about $100,000 a year. If a person is already making 2X min wage wouldn't they want 2X the new min or $100 or are you saying that experience and knowledge doesn't count? And if you pay them less than that aren't you just cutting their wages?

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