Why only $15 an hour?

[71Fish]

That seems low to me. Why not $20 or $25? Think about it, if your owned a small business would you rather pay an unskilled, uneducated, possibly illegal alien $15 or pay a college educated American $20? We can actually price unskilled illegal workers out of the market and employ Americans. Win-win.

 

[RerouteToRemain]

 

[jk7707]

 

[NewGuardBjj]

Min wage should be raised. The economics on it vary by study. And we are at a point when our moral obligation justifies the small economic gamble. Plus the small businesses that I am familiar with all pay 10-15 an hour. It's not a huge impediment.

I say $11 is the ticket.

 

[EvilWasLittle]

These minimum wage jobs are not meant to be a career. They're a bridge to a career. Bums.

 

[Bald1]

Bah. Leave it as is and just bring in a universal basic income already. I, for one, would love to work harder and have my efforts mean less, relatively speaking.

 

[M3t4tr0n]

Universal basic income is coming bros. It's already being tested in the US and in a couple other countries.

 

[M3t4tr0n]

Bah. Leave it as is and just bring in a universal basic income already. I, for one, would love to work harder and have my efforts mean less, relatively speaking.

Dang you beat me by one minute

 

[Lead]

Universal basic income is coming bros. It's already being tested in the US and in a couple other countries.

That's a dumbed down version of our current system. I don't understand why people think this is a good idea

Edit: was this sarcasm?

 

[3825 968]

My minimum wage employees are mostly high school or uni kids. I employ 30 people half make min. So ill be hiring 1 less person next year to pay the raise for the others. Pay 13 people a buck more and the 14th is right out of a job.

 

[VivaRevolution]

These minimum wage jobs are not meant to be a career. They're a bridge to a career. Bums.

A bridge to what career?

Everyone can't be lawyers, doctors, engineers, and business owners. in fact not even the majority can.

Our middle class was built on jobs that at one time were very low wage, with zero benefits. Our labor movement changed that by demanding a larger piece of the pie. We need to do that again, or accept that a large American middle class is a thing of the past.

 

[EvilWasLittle]

A bridge to what career?

Everyone can't be lawyers, doctors, engineers, and business owners. in fact not even the majority can.

Our middle class was built on jobs that at one time were very low wage, with zero benefits. Our labor movement changed that by demanding a larger piece of the pie. We need to do that again, or accept that a large American middle class is a thing of the past.

I'd rather not raise the minimum wage. If you do that, then everyone else has to pay more for already overpriced shit.

 

[VivaRevolution]

I'd rather not raise the minimum wage. If you do that, then everyone else has to pay more for already overpriced shit.

If you can print 20 trillion dollars without inflation, you can raise wages without inflation. This is why the FED and monetary policy exist.

 

[M3t4tr0n]

That's a dumbed down version of our current system. I don't understand why people think this is a good idea

Edit: was this sarcasm?

It's being tested by a tech company in Cali and by a couple countries in Europe. I don't know if it's feasible, but as robotics expand and become cheaper lots of low paying jobs are going to disappear plus self driving cars are going to eventually kill lots of jobs too. I think the tech company wanted to test it because Silicon Valley and tech companies are being seen as speeding up the process. Heard it on the radio the other day think it was NPR.

 

[M3t4tr0n]

A bridge to what career?

Everyone can't be lawyers, doctors, engineers, and business owners. in fact not even the majority can.

Our middle class was built on jobs that at one time were very low wage, with zero benefits. Our labor movement changed that by demanding a larger piece of the pie. We need to do that again, or accept that a large American middle class is a thing of the past.

You mean I can't work my way up the fastfood chain to become a doctor?

 

[VivaRevolution]

My minimum wage employees are mostly high school or uni kids. I employ 30 people half make min. So ill be hiring 1 less person next year to pay the raise for the others. Pay 13 people a buck more and the 14th is right out of a job.

Unless of course you get more business because people have more money to purchase whatever product or service your company provides.

By your rational Henry Ford should have went out of business.

 

[NewGuardBjj]

My minimum wage employees are mostly high school or uni kids. I employ 30 people half make min. So ill be hiring 1 less person next year to pay the raise for the others. Pay 13 people a buck more and the 14th is right out of a job.

That's not a good argument against a min wage increase. You're drawing up an absurdly simple example from which to draw conclusions about the economy as a whole.
I can just as easily make counter examples, like that 14th person would just find another opportunity.

 

[Lead]

It's being tested by a tech company in Cali and by a couple countries in Europe. I don't know if it's feasible, but as robotics expand and become cheaper lots of low paying jobs are going to disappear plus self driving cars are going to eventually kill lots of jobs too. I think the tech company wanted to test it because Silicon Valley and tech companies are being seen as speeding up the process. Heard it on the radio the other day think it was NPR.

Wouldn't it make more sense to expand the safety net rather than giving it to every individual? After all, the majority of the income that's being distributed is coming from the payroll tax. Corporate taxes do not make up a large portion of revenue. In comparison to the system we have, UBI would actually be a regressive idea when it comes to income distribution.

I agree we need adjustments possibly. Currently, the earned income tax credit is the closest thing we have to this and it is still useful. I get we could get to a point where there is a massive shortage of demand for labor but I just don't think we are there yet. We've just managed to allow the average person to begin working later in life due to schooling and retire decades before their death due to life expectancy rising. This isn't a bad thing and is actually another example of where you have targeted distribution (Social Security) rather than just giving it to everyone.

 

[M3t4tr0n]

@Lead

 

[Bald1]

It's being tested by a tech company in Cali and by a couple countries in Europe. I don't know if it's feasible, but as robotics expand and become cheaper lots of low paying jobs are going to disappear plus self driving cars are going to eventually kill lots of jobs too. I think the tech company wanted to test it because Silicon Valley and tech companies are being seen as speeding up the process. Heard it on the radio the other day think it was NPR.

I hear UBI being brought up more and more. I haven't thought it through, nor is economics anywhere near my wheelhouse, but I find it fascinating. Not sure what the solution to automation, a growing population and fewer entry-level jobs is, but it's time to start thinking about one.