This.
It's always some sort of pie in the sky Utopian solution that fails utterly when it meets reality.
Unemployment
The number of unemployed youth in July 2013 was 3.8 million, compared with 4.0 million
a year ago. The youth unemployment rate was 16.3 percent in July 2013. Among the major
demographic groups, unemployment rates were lower than a year earlier in July for young
women (14.8 percent) and whites (13.9 percent), while jobless rates changed little for
young men (17.6 percent), blacks (28.2 percent), Asians (15.0 percent), and Hispanics
(18.1 percent). (See table 2.)
Maybe if we lowered the minimum wage rate further for minorities that would result in higher minority employment! No, wait a minute. We tried that. Repealed with the 13th Amendment.
McDonalds and other huge corporations are (quietly) in favor of many minimum wage adjustments because it harms small businesses. An increase in the minimum wage would result in a mere fraction of McDonalds profit being lost.
You, as a taxpayer, should be upset that these corporations are paying their employees so little that they received government aid while the corporation profits immensely. In these situations, welfare and such are as much of a handout to the 1% as they are to the bottom X%.
Bogs, the point is that when you force people to pay more for a product or service than it's actually worth (regardless of how noble or good-intentioned your reasons), you violate the basic laws of economics, and there are always far-reaching and usually very negative consequences. There are countless examples of people trying to change prices, taxes, wages, etc. yet believing that spending or hiring habits will stay the same. They don't. The results are always disastrous in the long run.
If you force business owners to pay under-educated or entry-level workers more than they are actually worth, the result will ultimately be very bad. You'll find that businesses will hire half as many people and work them twice as hard, costs of products or services will go up significantly, or businesses will simply relocate. You WILL NOT have the same number of people employed to the same degree, but now making nearly twice as much. There's no getting around the law of supply & demand, and a thing or service is only worth exactly as much as someone is willing to pay for it.
You're missing a key point. Nobody forces you to work for $1/hr or $8/hr or any other wage. It's not slavery. It's voluntary. If you don't like the wages someone is offering, look elsewhere for employment where they pay more. If you don't have the education or skills to command more, who's fault is that? Improve your skills or increase your education. Be a more valuable commodity in the employment market so that you can earn more.
The vast majority of low wage earners in this country are either entry-level employees doing just that - gaining the skills to become higher wage earners - or they're people who have made countless poor decisions in their lives about their own education, learning a higher-paid skill, or building a track record as a good employee.
You take somebody who goofed off in school, stayed stoned half the time, spent their free time playing video games instead of studying, has 4 kids by 3 different mothers/fathers, and never put any effort into working their way up the ladder or becoming a good employee at any of their previous jobs... why should the rest of us have to supplement that person's income, pay them more than they're worth, or pay twice as much for a product so they can have a better life? They screwed themselves. Actions and behavior have consequences.
You are missing the point. Paying people more does not directly translate, or in many cases even indirectly translate into a higher product cost. Period.
Why wouldn't it?
Low labor versus higher labor is only one variable in the equation for the production cost of an item.
Better quality and happier employees almost always produce more and better.
The cost argument was used at the time of the 40 standard work week implementation, time and a half and double time pay standards, implementation of work safety equipment, child labor, child labor now on tobacco farms, etc. It is invalid. Always.
My grandpa was wrong when he said that the forty hour week would ruin his factories.
He wasn't wrong when he insisted on installing safety equipment, better lighting and ventilation in his factories. But he had a lot of pressure from others (peers) to buck to sell that argument. It is the same thing.
The facts always bear out doing the right thing, and taking better care of people always pays. (I didn't say anything about handouts, etc.()
Bogs, there's a HUGE difference between hiring unskilled lost cost labor and better skilled labor that commands a higher wage. We're talking about businesses being forced to pay that higher wage, not to the better skilled employees who are worth it, but to the unskilled ones just because somebody decided they needed more pay... not that they were actually worth it.
A person's skills, a product, or a service are only worth what someone is willing, in a free to choose or not to choose market, to pay for it. Period. Anything else is an artificial inflation of its cost, not its worth. Please justify to me why a low-skilled worker whose effort is only worth X amount per hour should earn more than that. If he wants more, he should increase his worth by increasing his skills and making himself worth more to his employer.
If I have a used car I want to sell for $2000 and you're willing to pay that for it, great. Should you be forced to pay $3000 for it just because I need the extra $1000? If I want $3000 for it I should clean it up, make some repairs, maybe have taken better care of it. It's not your responsibility to pay more than it's worth to you. Same with wages.
Dear Seattle,
Enjoy the massive unemployment you're about to face among entry-level workers. I'm sure that in a couple of years a lot of those people would gladly accept an $8/hr job over a non-existent $15/hr job. Lots of new businesses simply won't locate to your area. Lots of existing businesses will relocate. Kiss those jobs goodbye.
Yours Truly,
Anyone who's ever taken ECON 101
So, Boeing is going to move it's Seattle operations in protest to a (graduated) pay increase to its minimum wage workers? Who would those might be? Cafeteria line workers? Janitorial staff? Mail delivery staff? [Do they still exist???] Parking garage attendants?
Gimme a break! The expense incurred in picking up and moving its facilities, lock stock and barrel, would far outweigh the cost of paying the small percentage of their employees at minimum wage a bit more.
Sheesh!
Maybe a Starbucks employee could afford a triple mocha latte grande Amaretto espresso fizz.
You're missing a key point. Nobody forces you to work for $1/hr or $8/hr or any other wage. It's not slavery. It's voluntary. If you don't like the wages someone is offering, look elsewhere for employment where they pay more. If you don't have the education or skills to command more, who's fault is that? Improve your skills or increase your education.
Be a more valuable commodity in the employment market so that you can earn more.
The vast majority of low wage earners in this country are either entry-level employees doing just that - gaining the skills to become higher wage earners - or they're people who have made countless poor decisions in their lives about their own education, learning a higher-paid skill, or building a track record as a good employee.
You take somebody who goofed off in school, stayed stoned half the time, spent their free time playing video games instead of studying, has 4 kids by 3 different mothers/fathers, and never put any effort into working their way up the ladder or becoming a good employee at any of their previous jobs...
why should the rest of us have to supplement that person's income, pay them more than they're worth, or pay twice as much for a product so they can have a better life? They screwed themselves.
Actions and behavior have consequences.
Remember Boeing will soon have a completely empty facility here in Long Beach with a lot of qualified workers looking for employment. Granted the idiots in Sacramento are a reason that facility will be empty so might not be a much better option.
Reading this just makes me sad. I remember the days when I believed each person actually get out of life what they put in, and that we are nothing more than individuals in our own little bubble. Then it hit me one day, the realization that we live in a society and the fortunes and actions of my neighbor do affect me so I should, at a minimum, be concerned about how well the system (that's not being used as a synonym for government) is churning out success stories.
You don't read much about wage stagnation, globalization, and automation do you?
"Low wage earners" seems pretty broad, and "countless poor decisions in their lives about their own education" is just a really stupid way to brush off the issue.
The sad thing is you probably think every poor person is some combination of these factors, and that's that. Just fucking pathetic on your part.
And here is where I get enraged. Your willingness to assume that the "vast majority" are just lazy jackoffs on drugs who just can't stop stepping on their own dicks. "They screwed themselves." Fucking Christ man..
Your overall lack of empathy is disturbing, and I hope you don't have the nerve to tell someone that you're a Christian.
You don't read much history do you?
We knew you were the smartest guy in every room you entered. Had no idea you were the holiest and most pious to go along with it!
Stagnation, globalization, and automation have NO correlation to a lot of people making really poor decisions (starting a family without having means to provide aka Wal Mart or McDonald's being your primary income).
I'm 29 next month, I make decent money (not six figures), still paying off college debt and a car (as is my girlfriend of 2 years), and don't know if we could afford a child right now. Could probably do it, but it'd be extremely tight. The idea that person A is entitled to a certain wage because of their circumstances is bull. I was raised on the belief that if you cannot afford it, you do not buy it/ have it. Doesn't matter if it's a new car or a new kid.
Graduate from high school
Don't get pregnant before 21
Work a full time job
Do these 3 things and you have a 2% chance of living in poverty in the US.
You tell me what you think causes poverty. I'm not talking about the poor person in a hellhole of a third world country where no opportunities exist. I'm talking about here in the US .