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While I don't disagree with the conclusion of this thread, I disagree with the example of this thread. And the example is inherently flawed.
While it is true inflation can go up with minimum wage, it is also independent of that. This thread can't assume that every time min. wage goes up, so does inflation. Inflation can go up without minimum wage going up. Attacking min. wage cuz of inflation is a small start, but there are better reasons to be against minimum wage.
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[QUOTE=BLOATMOGGER;1638844923]LVM detected :)[/QUOTE]
Your suggestion to solve the issue of the aforementioned problem is for ppl to ask for a raise big enough to combat the increase in minimum wage, which is only realistic for the top 1% of the population to be in such a comfy of a position to do.
Its has nothing to do with me. Your idea and rhetoric is just dumb.
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[QUOTE=NealIRC;1638845963]While I don't disagree with the conclusion of this thread, I disagree with the example of this thread. And the example is inherently flawed.
While it is true inflation can go up with minimum wage, it is also independent of that. This thread can't assume that every time min. wage goes up, so does inflation. Inflation can go up without minimum wage going up. Attacking min. wage cuz of inflation is a small start, but there are better reasons to be against minimum wage.[/QUOTE]
Wages always rise with inflation, albeit slightly delayed. Wages are being moderately outpaced by inflation specifically in America because our economy is suffocating due to other reasons and offsetting the costs with (sub-optimal) forms of automation and importing goods.
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[QUOTE=BulkingIsHard;1638846653]Wages always rise with inflation, albeit slightly delayed. Wages are being moderately outpaced by inflation specifically in America because our economy is suffocating due to other reasons and offsetting the costs with (sub-optimal) forms of automation and importing goods.[/QUOTE]
Yes, I guess you're the 1st to bring this up. Democrats tend to argue that inflation goes up 1st, so min. wage then goes up with it. Republicans tend to argue that min. wage goes up 1st, so inflation has to follow it.
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[QUOTE=BulkingIsHard;1638845663]Oh so now you're deflecting away from the argument because you've lost? Very mature. I will entertain you anyways.
"but look at all other stats relating to purchasing power and poverty"
The US is very different compared to Switzerland. Much of the South is still impoverished and recovering from the effects of the Civil War and the failures of Reconstruction. We also have large amounts of economic migrants and cultural differences in many of our states which are bigger than entire European countries. Most poverty we have in America has been manufactured from single motherhood, delinquency, and welfare benefits from Democrat policies in the 60's "War on Poverty" in certain communities.
"You must be a GDPcel"
Strawman. I do not believe the government is telling the truth about our economy, nor do I find this relevant to the immediate discussion.[/QUOTE]
Based
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Unemployment will go down if minimum was goes down or disappears completely.
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[QUOTE=waytoodeep03;1638841173]People don't seem to understand this fact. If you increase the minimum wage you won't get more money to spend on frivolous activities. That cost of milk that you are used paying for will go up. The cost of diapers, food, baby products etc all will go up.
Companies have to increase cost for products in order to pay for [B]YOUR[/B] minimum wage. Minimum wage is like the floor. If you raise the floor then the entire house goes up higher. So those gains people think they will get will just equalize to where they are now.
Why don't people understand this?[/QUOTE]
then there's a problem with our society then that needs to be addressed. because the minimum wage should be higher and everything else should be the same price not more.
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[QUOTE=interfearance;1638843213][B]BRB geneva has highest minimum wage in the world[/B]
BRB singapore one of highest minimum wages compared to GDP (behind ireland, luxembourg)
Also, don't bring up the lack of an official min wage in some of these places. This is because the labor unions make sure there is a defacto minimum. Substantially higher than here at that.
EDIT: Also compare to $9 in some places here. Shameful[/QUOTE]
Compared to how much is housing, food, basic necessities in those places? Did they go up or did they remain the same? I will 100% assure you in this country they will not remain the same.
brb $7 a gallon for milk.
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Lol. What do you have an education in op?
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Mon wage in Denmark is roughly 44k a year, and a Big Mac meal is roughly equivalent to $12cad. Everything there is basically 2-4 cad higher than things in Canada but our min wage here would equal 28k before taxes.
Sauce: i have a good friend who lives in denmark and works at McDonald’s.
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[QUOTE=atgbrahsrs;1638845753]Hey, I am not from the USA, so no chauvinism here.
Switzerland and Scandinavia are really expensive compared to the USA so it is really relative, look up the Big Max Index for services/goods.
In Scandinavia, all the good welfare is because the middle-upper class more ambitious people are handing in their paychecks at a 50-60% tax rate. Although clearly good for people at the bottom of the totempole.
Lastly, very small countries relatively, easier to control and navigate things. Also, they are ethnically homogenous countries that let in only high-skill immigrants long-term in a tight labour market.
It is always good to debate things but you cannot ignore the above.[/QUOTE]
Just got back from my wageslave job. This is true. However, think of all the stuff they don't have to pay for over there. Medical care and student loans put people into unrecoverable debt over here. Also the prices of products are more pallatable when you compare the quality of life in said areas. Sure, you could buy out a whole grocery store and apartment building in Detroit for pennies but in the end its a wasteland with poor services, lifestyle, education, and jobs.
Compare safety of American cities to European alongside their cost of transport as well as other factors like sprawl making commutes long. I could go to Venezuela where the minimum wage is laughable and live like a king, but it is obviously a trade off.
As for the homogeneity, you develop a point, but these countries actually take in huge amounts of immigrants per capita (esp. Sweden, Germany). Also we have people who have been living in the US for generations who are not part of the skilled labor market you speak of because of a lack of social mobility due to things like bad welfare and shoestring wages.
We have a lot of cucked **** going on that Europe doesn't, but I disagree that raising minimum wage would exacerbate our problems, and I think it would be a good start.
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There is no better incentive for businesses to focus on automation than creating a living wage. The whole concept doesn't even make any sense. A living wage would vary from person to person. So how do you even assess it? We should be happy that minimum wage is so low. It allows the rest of us who aren't poorcels to get things cheaper while also allowing people who have no job history or special skills to get jobs easily. If people want better paying jobs, work for it. Is that easy for me to say? Hell yeah. But I don't give a fukk. Stop being an orc and get an education or skills.
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Can't wait until 2075 when a big mac costs $750 and people making it still get paid $7.25
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[QUOTE=markkillerings;1638872643]There is no better incentive for businesses to focus on automation than creating a living wage. The whole concept doesn't even make any sense. A living wage would vary from person to person. So how do you even assess it? We should be happy that minimum wage is so low. It allows the rest of us who aren't poorcels to get things cheaper while also allowing people who have no job history or special skills to get jobs easily. If people want better paying jobs, work for it. Is that easy for me to say? Hell yeah. But I don't give a fukk. Stop being an orc and get an education or skills.[/QUOTE]
Yeah man, that automation has been going great for all the companies that lost all their workers recently. fkkn lol.
Keep ****ty minimum wage because its livable if you sleep in a tent and eat canned food. Misc logic.
$15 minimum wage in NYC for years, still waiting for price increases. Amazing how middle-classcels forget that the minimum wage used to be higher when adjusted for inflation and people owned more ****.
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[QUOTE=interfearance;1638875633]Yeah man, that automation has been going great for all the companies that lost all their workers recently. fkkn lol.
Keep ****ty minimum wage because its livable if you sleep in a tent and eat canned food. Misc logic.
$15 minimum wage in NYC for years, still waiting for price increases. Amazing how middle-classcels forget that the minimum wage used to be higher when adjusted for inflation and people owned more ****.[/QUOTE] Poorcel detected. Like I said, minimum wage jobs are for people with no work history or those who just want to get a job easily for supplemental income. It's not for a career. Go be poor and cry somewhere else, f@g.
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[QUOTE=markkillerings;1638875883]Poorcel detected. Like I said, minimum wage jobs are for people with no work history or those who just want to get a job easily for supplemental income. It's not for a career. Go be poor and cry somewhere else, f@g.[/QUOTE] I do use my job for supplemental income and I'm very grateful it is $15 because I am a highschool poorcel. However, whether it is for a career or not, you cannot deny the amount of wage slaves who only work minimum wage jobs. In the millions I would imagine. They can hardly contribute to the economy with <$9 per hour lol.
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[QUOTE=interfearance;1638876363]I do use my job for supplemental income and I'm very grateful it is $15 because I am a highschool poorcel. However, whether it is for a career or not, you cannot deny the amount of wage slaves who only work minimum wage jobs. In the millions I would imagine. They can hardly contribute to the economy with <$9 per hour lol.[/QUOTE] Don't like your current situation? Work hard to get out of it. That's what I did after I realized I didn't want to work for minimum wage my whole life. Like I said, it's a good thing these jobs are easy to get. Pressure more companies to pay high school kids a "liveable wage", watch more of these jobs get harder to get. We should be happy these jobs are easy and plentiful to get.
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Here's a few facts for you retards. Switzerland has:
- 0% capital gains tax
- 0% inheritance/estate tax for direct descendants
- 0.1% property tax
Switzerland is more capitalistic than America in many ways.
Idiots.
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[QUOTE=Lefticle;1638877243]Here's a few facts for you retards. Switzerland has:
- 0% capital gains tax
- 0% inheritance/estate tax for direct descendants
- 0.1% property tax
Switzerland is more capitalistic than America in many ways.
Idiots.[/QUOTE]
this well is a contextual fact that many people do not consider
and that Scandinavian healthcare and benefits are not free... but paid by those who pay 60% taxes
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[QUOTE=atgbrahsrs;1638877923]this well is a contextual fact that many people do not consider
and that Scandinavian healthcare and benefits are not free... but paid by those who pay 60% taxes[/QUOTE]
Correct, meanwhile, the middle class in Switzerland pays ~40% income tax.
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I rather support normal everyday people than billionaires. People really are brainwashed in this country seeing how they are so anti-union and anti-fair wage.
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communists don't use logic, brah
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[QUOTE=Lefticle;1638877243]Here's a few facts for you retards. Switzerland has:
- 0% capital gains tax
- 0% inheritance/estate tax for direct descendants
- 0.1% property tax
Switzerland is more capitalistic than America in many ways.
Idiots.[/QUOTE]
Didn't know I was in on ancap thread? Thought we were discussing wages? Carry on.
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[QUOTE=Hutrapper;1638844463]I started working right when min wage was starting to be aggressively increased. It went from like 6 bucks to 10 something in a matter of 5 years. Always pissed me off.. I was getting raises based on my work ethic every year, and some dumb kunt with no ambition was always a dollar or so an hour behind me.[/QUOTE]
With that kind of logic the minimum wage should never be increased
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[QUOTE=NealIRC;1638845963]While I don't disagree with the conclusion of this thread, I disagree with the example of this thread. And the example is inherently flawed.
[b]While it is true inflation can go up with minimum wage, it is also independent of that. This thread can't assume that every time min. wage goes up, so does inflation. Inflation can go up without minimum wage going up.[/b] Attacking min. wage cuz of inflation is a small start, but there are better reasons to be against minimum wage.[/QUOTE]
Historically accurate.
[url]https://discomfiting.medium.com/debunking-if-you-raise-the-minimum-wage-it-will-cause-inflation-c0db32f579f8[/url]
[quote][b]Only 22% of the time (twice) has an increase of the minimum wage corresponded with an increase to the inflation rate. On the other hand, 78% of time that there was a minimum wage increase since 1980, there hasn’t been an increase to the annual inflation rate.[/b] If raising the minimum wage was going to cause inflation, it would’ve increased — but it didn’t, and doesn’t. It’s a historical reality that can be proven when you look at the the minimum wage increases versus historical inflation rates.[/quote]
[QUOTE=TexasTechPharmD;1638852233]Unemployment will go down if minimum was goes down or disappears completely.[/QUOTE]
Maybe a small percentage, but I don't think it matters much. If you are working, but do not earn enough money to be over the thresh hold to receive taxpayer support via government safety net programs, then the fact that you are employed doesn't mean much.
At some point you all need to realize that the only way you reduce poverty and improve the overall quality of life in a community [fewer criminals and homeless people] is to find a way for everyone to be housed, fed, and to receive basic medical care. If you don't think that taxpayers should be on the hook for that, or at least should only cover children/elderly/disabled, then people that are able to work need to receive enough income to cover their own expenses and optimally to participate in the economy.
The only winners when wages are too low for subsistence living are employers who can extract labor that is subsidized by the taxpayer.
You ARE paying for those low wage jobs already via higher taxes/government debt. Sure, maybe prices are lower when you make purchases, but it's just cutting off one end of the blanket and sewing it on the other end.
[QUOTE=thesloshedman;1638858773][b]Mon wage in Denmark is roughly 44k a year[/b], and a Big Mac meal is roughly equivalent to $12cad. Everything there is basically 2-4 cad higher than things in Canada but our min wage here would equal 28k before taxes.
Sauce: i have a good friend who lives in denmark and works at McDonald’s.[/QUOTE]
US rents are on average at least $1200 a month in most cities now. To qualify you need to earn $3600 a month; aka $43,200 annually.
[QUOTE=shoelaces;1638878073]I rather support normal everyday people than billionaires. People really are brainwashed in this country seeing how they are so anti-union and anti-fair wage.[/QUOTE]
No joke. See prior poster about how only unions benefit from the existence of unions because unionized workers pay fees to the union. Why would they do that [pay fees] if there was no benefit for them in their compensation? Strong logic.
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The point about their taxes being substantially higher is interesting. We usually pay around 20% in the US and it seems to all be shoveled into the military. Here in NYC we have many ruined roads (even on wallstreet), and our public schools are mostly laughable to name two common issues. Also, the safety is not amazing. Somebody was stabbed on our block and the cops didn't even clean up the blood (it was a random robbery).
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[QUOTE=interfearance;1638843213]BRB geneva has highest minimum wage in the world
BRB singapore one of highest minimum wages compared to GDP (behind ireland, luxembourg)
Also, don't bring up the lack of an official min wage in some of these places. This is because the labor unions make sure there is a defacto minimum. Substantially higher than here at that.
EDIT: Also compare to $9 in some places here. Shameful[/QUOTE]
isn't a negotiated "minimum wage" between labour unions and organizations preferable to a blanket federal minimum wage regardless of everything?
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[QUOTE=THATSfunnyOP;1638841243]There's a reason these ppl make minimum wage...
And then it fuks over the middle class, as everyone instantly losses 5$/hour purchasing power because we all know those wages wont move afterwards.
And then the rich get richer on paper, because the velocity of money in their books has increased. Frothing at the mouth for those EOY bonuses.
Do you know that the us military has concluded that any personal below 80 IQ is a net negative to the org.
Question is, so what do we do with that bottom 80 IQ?
They dont even make good meat shields. Apparently raise the min wage. Lol[/QUOTE]
what do with rotters with above average IQ on a ten question IQ test?
[img]https://i.ibb.co/TKrZcrp/iq-test.png[/img]
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In Sweden you earn like $2700 montly working full time at mcdonalds, and at the salary you get taxed like 30%.
So after taxes you earn like 22-23k yearly.
And the price for a big mac here is like 10USD.