The Minimum Wage in US should be around $22. Otherwise Prove me Wrong (srs Debate)

[Dcb456]

Let's start off by me saying i've majored in Economics, Read many economic Books by both spectrum, Keynesian perspective and Milton Fried perspective as well. (since these are the one most picked in the last 50 years so i chose to pick these two)

Also forgive my Grammar and and spelling. So Let's start by saying that i THINK minimum wage should hover around that area, and if you would like to debate feel free too.....

Edit - i know i'll get negged for this because the misc is very far right, but i would like to have a fair debate. I'm not Left wing nor right wing, i focus on what's working in fiscal and social policy and what's not. What drives the economy and what doesn't

Edit #2- Some of you are under the assumption that $22 should be implemented right away? lol wut?. Plz read the thread and my responses and u'll see what i mean. I do emphasizes we Do need INEQUALITY. It is a must in any capatalist society.

Edit #3- well i've done as much debate as i can , and it was quite nice debating about other ideas from miscer' which i quite enjoyed because it opened up my view point alot bit. anyway off to study a bit for my next thesis $30 minimum wage lol just jk bro, leave your responses i'll get back to you tomorrow.


Edit #4 - Jeez louise!. lol why do people get so mad over a debate my CP is full of Red, but not a single insult i made to anyone, oh well i guess i expected this since creating a thread arguing a different point of view. lawl'd , so i guess if you dont agree with someone else's point of view automatic red, alright understandable

Edit #5 - just got mod negged to oblivion by Team Punishment, i did not know that expressing different point of view deserves negs to oblivion

[Cfitz717]

lol

[ElCaballo33]

lol

[Dcb456]

Let's start off by defining what drives the- Economy Consumer demand is what drives the economy not LOL "job creators". Demand is what drives the economy, to put it in simple economic terms the more disposable income you have = the higher demand you'll have in over all things.

If you pay someone below a "cost of living", the result is the government picks up the tab in the form of subsidized housing, Link cards/foodstamps, subsidized healthcare, subsidized childcare, etc. McDonald's may be paying someone $7.30 an hour, but the US taxpayer is on the hook for the other $8 an hour or more. That's the reality of it. I say let the corporation pay for their own worker and stop exploiting the US taxpayer to subsidize your employees because you are cheap.

Also, manual labor jobs including McDonalds are physically taxing and a lot of their workers get shafted hard by unreliable schedules/hours just below what is needed to qualify for benefits, needing to be on-call all the time, etc. If it was really just work a monkey could do, they would just get a monkey to do it or automate it.

- now you might have a argument for automation. this is a very good argument i support. BUT see what happens is when you cut labor short, you also drop demand. Because those workers who lost their job due to laid off and system being automate, now the corporation will have a lower Profit. Thus hindering future profits even more!!. In order for the economy to work well and jobs to be created alot more. THE people need to be paid a wage thats close to cost of living. What then ends up happening is the government picking up the tab, thus why it drives down the government with more debt and defeict because people aren't being paid a living wage. Remember economics 101 = consumer is what derives the economy, not corporations. If you have a "job creator" who creates an company with promising employment, but were will his corporation profit the most? . Since almost everyone is under paid and dont have enough disposable income. Thus his corporations profit will also Hinder. Eventually it'll lead to a downfall on the economy, because then people can't pay taxes then government has to subsidize.

edit - part of this argument is credited to a miscer

[Brool]

Every argument of yours is : government will have to pick up the tab.

How about instead of trying to raise minimum wage because government will have to pick up the tab,government stops picking up the tab?

[mcdojo]

Lol

[Carter80]

Might as well be $22. Makes as much sense as paying them $15/hr.

[Reef58]

Let's start off by me saying i've majored in Economics, Read many economic Books by both spectrum, Keynesian perspective and Milton Fried perspective as well. (since these are the one most picked in the last 50 years so i chose to pick these two)

Also forgive my Grammar and and spelling. So let's start Prove to me why Minimum wage shouldn't be $22 and why fast food workers shouldn't be paid that much? and i can prove you wrong on that.....

It is going to take me and a team of the best economist around many days to go through all of the supporting data you posted to make your point. Give me a week or so.

[HolyShip]

It's really interesting to see the rest of the worlds minimum wage as opposed to Australia. After travelling to America it kinda confused the crap out of me, most people earn a pretty low minimum yet the areas we were at (San francisco), you pay well above $400,000 + for a house to buy, with no land and well sweet fark all room. How does it work out for you guys? How does one save that amount of money on a low income? Or is it for people that earn a crap load and everyone else just rents?

$400,000 where I live in Queensland on the gold coast can buy me a pretty sweet house in some areas, generally a brand new house, 4 bedrooms, 2 bathrooms, 2 garage spots, 1/4 acre maybe a bit bigger.

[cmc0108]

Lololol

[sbsponger]

minimum wage isnt a wage made for anyone to live off of

[DemiBrah]

Lol. If you pay the lowest class a $22 dollar wage all it will do is raise the price of the goods they produce. Idk why you'd even say this kind of stuff if you understand economics. If you pay the lowest workers a higher wage it will ALWAYS raise the prices of what they produce which defeats the purpose of paying them a higher wage. You can say that minumum wage should be fukkin $100 dollars an hour and it will always result in more inflation. You're just being unrealistic.

[fsujoseph]

Small Businesses hate him

[LtGoose]

brb quitting 8.50$/hour job to start job at mcdonalds for 22$/hour

[Neil4123]

Minimum wage shouldn't be $22 simply because people are able to survive on minimum wage as it currently is, and if you want to have disposable income/a living wage you should have tried harder in school. I know that's unsympathetic, but sorry, life has its winners and losers. We are a product of the choices we make and if you're in your 30's, trying to support a family on a minimum wage salary, you have only yourself to blame.

[K4X9]

I think minimum wage should be $1,000,000.00 a hour! That way we can all retire later today!



Not srs

[cavymeister]

Because the job being done isn't worth $22/hour

[brotein1992]

I cook pizza for minimum wage 8.25 in my state. Even though I feel I should get $9 an hour for my experience I don't bitch about it because I know I could do better. $22 an hour? Lmfao I don't deserve anywhere near that. Same with that $15 an hour. The job is to easy. Give warehouse workers that

[Koop21]

Lol. If you pay the lowest class a $22 dollar wage all it will do is raise the price of the goods they produce. Idk why you'd even say this kind of stuff if you understand economics. If you pay the lowest workers a higher wage it will ALWAYS raise the prices of what they produce which defeats the purpose of paying them a higher wage. You can say that minumum wage should be fukkin $100 dollars an hour and it will always result in more inflation. You're just being unrealistic.

Minimum wage shouldn't be $22 simply because people are able to survive on minimum wage as it currently is, and if you want to have disposable income/a living wage you should have tried harder in school. I know that's unsympathetic, but sorry, life has its winners and losers. We are a product of the choices we make and if you're in your 30's, trying to support a family on a minimum wage salary, you have only yourself to blame.

/thread

[brandonlax1]

Minimum wage workers are about 4% of the workforce, and around half of them are between the ages 16-24.

Yeah because teenagers flipping burgers should make $44,000 a year. lol op

[Antonio519]

Then my educated ass better get paid 50$ hr

[leanjordan]

Aside from my current job and school, I work at a gym. I've been there for a year. I only work one day a week now (open on Sundays), bc I make more at my other job, and my third job, which I just recently let go of to focus on my last semester of uni.

I still work here because I get to train for free and working on getting my NASM PT cert. So I'm trying to be on good terms to get that.

At this gym, I make minimum wage to stand there and say "hey" and "have a good workout" to people, and listen to them say back "y-you too."

So yeah, OP, pay me $22 to do nothing. Sounds great. That would make my Sunday mornings even better.

[jwlee7ucla]

Let's start off by me saying i've majored in Economics, Read many economic Books by both spectrum, Keynesian perspective and Milton Fried perspective as well. (since these are the one most picked in the last 50 years so i chose to pick these two)

Also forgive my Grammar and and spelling. So let's start Prove to me why Minimum wage shouldn't be $22 and why fast food workers shouldn't be paid that much? and i can prove you wrong on that.....

Hey retard, the burden of proof is on you proving it right, not on us proving you wrong.

[KevRU]

You are a dumbass sir. You can live on $10 a hour. If you want better you get a skillful job. I am tired of people wanting handouts.

[devildogJMS]

Let's start off by defining what drives the- Economy Consumer demand is what drives the economy not LOL "job creators". Demand is what drives the economy, to put it in simple economic terms the more disposable income you have = the higher demand you'll have in over all things.

If you pay someone below a "cost of living", the result is the government picks up the tab in the form of subsidized housing, Link cards/foodstamps, subsidized healthcare, subsidized childcare, etc. McDonald's may be paying someone $7.30 an hour, but the US taxpayer is on the hook for the other $8 an hour or more. That's the reality of it. I say let the corporation pay for their own worker and stop exploiting the US taxpayer to subsidize your employees because you are cheap.

Also, manual labor jobs including McDonalds are physically taxing and a lot of their workers get shafted hard by unreliable schedules/hours just below what is needed to qualify for benefits, needing to be on-call all the time, etc. If it was really just work a monkey could do, they would just get a monkey to do it or automate it.

- now you might have a argument for automation. this is a very good argument i support. BUT see what happens is when you cut labor short, you also drop demand. Because those workers who lost their job due to laid off and system being automate, now the corporation will have a lower Profit. Thus hindering future profits even more!!. In order for the economy to work well and jobs to be created alot more. THE people need to be paid a wage thats close to cost of living. What then ends up happening is the government picking up the tab, thus why it drives down the government with more debt and defeict because people aren't being paid a living wage. Remember economics 101 = consumer is what derives the economy, not corporations. If you have a "job creator" who creates an company with promising employment, but were will his corporation profit the most? . Since almost everyone is under paid and dont have enough disposable income. Thus his corporations profit will also Hinder. Eventually it'll lead to a downfall on the economy, because then people can't pay taxes then government has to subsidize.

Stopped reading there...

[apujols24]

Working at McDonald's is manual labor and taxing?

Lololol

Errrr... Flipping burgers. Forearm workout of peace?

[Dcb456]

Lol. If you pay the lowest class a $22 dollar wage all it will do is raise the price of the goods they produce. Idk why you'd even say this kind of stuff if you understand economics. If you pay the lowest workers a higher wage it will ALWAYS raise the prices of what they produce which defeats the purpose of paying them a higher wage. You can say that minumum wage should be fukkin $100 dollars an hour and it will always result in more inflation. You're just being unrealistic.

yes you are right, i agree with you , but you have to understand that doesn't mean $22 implemented right away, because if that happens that's what will happen to inflation as you describe it. But let it implement over a course of 4-5 years or so. So it gets enough time to adjust to the cost of living. But you have to realise as inflation increases each year (which is inveitable), increasing minmum wage will lead to some Hike in prices BUt SLIGHTLY, not as you quoted. A good example is if you look at australia their minmum wage is around $20 or so . Yet they can still buy a happy meal for $8-$10. Their price of happy meal hasn't gone up to $20 or $100 for even that matter. Yes you are right we do require inequality at least a little bit because it'll give motivation for people to move up their socioeconomic ladder. But again your missing the big picture here, when you the "consumer" would not have enough disposable income, not only will it have a high negative effect on the government but also on corporations because you have to realize, that People won't have enough income to spur demand, thus corporations profit will fall, and it'll hinder the economy from going. Sort of what is going on today, For example the biggest and top tier Bank Goldman. It's CEO even addressed inequality as a problem for corprations

Every argument of yours is : government will have to pick up the tab.

How about instead of trying to raise minimum wage because government will have to pick up the tab,government stops picking up the tab?

minimum wage isnt a wage made for anyone to live off of

To the above two

it's life it happens, sh 1t happens, that doesn't mean you turn your back on your citizen. If your hindering your society from advancing by NOT subsidizing their cost of living, your actually creating a toxic environment that will revolve around high unemployment and higher crime rate, thus poeple wont have enough opportunities to climb up the socioeconomic ladder. In return increasing ever more poverty.

[MustardTiger17]

Why not 50 dollars an hour?

[seanb1979]

i follow the stanhopian economic model

[rayallenscalves]

McDonald's Workers Earning More Doesn't Mean A Cheeseburger Costs 10 Bucks, It Just Means The CEOs Get To Pocket Less Cash Because Payroll Goes Up. This Is Why There Won't Be A Dramatic Increase In Wages. The Wealthy Want To Make Sure Their Fortune Lasts A Lifetime And Will Be Passed Down To Their Children.