Raising the minimum wage is the only way to end the "Great Recession".

It's crazy to think people would want to pay as little as possible for that which they buy...

 

What exactly is a living wage? The term is ridiculous, wages are not provided for the benefit of the worker, it is provided for the benefit of the company and maintaining their operations within the cost structure they find themselves in. Sans slavery, there is an agreement attached to employment, all employees have agreed that their value is consistent with the pay they receive. At the point in which there is a lack of consistency between wages offered and wages desired the employee is free to seek wages elsewhere...

 

I hope you realize a Federally mandated minimum wage Only applies
To employers engaged in interstate commerce
One of the reasons most burger chains are franchised

 

To hear it from the labor side, that shouldn't be possible...

 

Not really. What would happen is that half of them will be laid off, and the other half will be made part time or temp. So what happens to the spending of that half -- it drops to near zero. The other thing that would happen is that the standards would go up. Wanna work at Walmart -- get a BA first. Which means that any worker with no college degree is shut out of the economy. Premanently. People would be getting a BA to work at Walmart, and anyone who wants something better has to do more than that. Awesome huh?

 

You just don't get it. If someone makes the WHOPPING, and STAGGERING wage of $11 an hr they make $22,880 a year working full time. Unless they still qualify for public assistance they STILL can't "live" on that kind of money. Try buying mandatory health insurance, a place to live, food, transportation, clothes, "cokes and smokes," and whatever else needed on $22,880 a year. If that's all your making forget EVER having a family, again unless you STILL qualify for the public dole.

 

Our economy is based on consumer spending.

Raising the minimum wage would increase consumer PRICES therefore tanking the economy.

 

25% of the population would get a raise, thus allowing them to spend more, thus stimulating the economy. How are you not understanding this? I've already linked the article that explained how if Walmart paid 12 dollars an hour, you would spend an extra dollar a month.

 

They would be spending more for what they used to spend less on, they would get a whole lot less bang for their buck, and that will actually hurt the lowest income earners the most...

 

22,880 is about 1900 per month. You could rent a house for 500, utilities including cell phones and cable would go for about 400-500 a month, and 500 dollars worth of groceries to feed a family of four leaving you with about 400 dollars of spending money. You wouldn't live like the Fresh Prince of Bel-Air, but you could support your family until something better came along, or somebody else in the house got a job, or another source of income.

 

What companies actually pay less than 10 bucks an hour? Walmart, Mcdonalds etc. The price increase would barely be noticeable, which is wear most of the employees shop at in the first place. Poorer people will still shop at Walmart and others will shop at Costco. The poor people on the other hand would have money to spend elsewhere.

 

Just nuts. you don't even need a BA to fly a Boeing for American Airlines. And what would be the point of of laying off people if the costs are simply past onto the costumers? People wouldn't stop shopping at Walmart. The stores are disgusting as it is and the wait in line is unbearable but people keep going back.

 

We aren't talking about proceeds from drug dealing. That is BEFORE taxes! try taking at least 25% off the top!

 

Wages should be adjusted to cover taxes in the first place.

 

Honestly I don't know what those sorts pay, but I will say it isn't more than they can afford and maintain the profits required to keep investors and such happy...

Forcing the poor to only be able to shop at the low end places will have the social justice crowd in a tizzy. The problem is actually way more extensive than it appears on the surface. If the poor are crowded into the lowest end stores people will complain they don't have access to better things, starting the whole debate again, which would push the idea the minimum wage must be increased, yet again so the poor aren't forced to live as poor. That's really part of the problem...

All of which ignores the simple reality that skill sets truly drive the employment market, not much else really does...

 

I was on the phone with my mom earlier, she works for Wal-Mart. She said that if the minimum wage was raised to 12.00 an hour then Wal-Mart would end up closing down some of their stores.

 

Taxes should be kept low by not being used to support and fund the unconstitutional Democrat created Welfare State!

 

Actually TAXES are adjusted to cover wages. The higher wages go up the higher percentage at which they are taxed! ANOTHER gift of the Democrat Party!

 

He'll probably have to get past the racism to see what you are talking about.

 

I doubt that.

If the minimum wage was raised it would apply to all retailers, not just Walmart. Market share would not change much.

Every time the minimum wage was raised the trickledowners screamed it would cause the loss of entry level jobs. It never happened.

Also, these min. wage jobs are no longer entry jobs. After throwing away our manufacturing there are not enough good paying jobs for the size of the workforce. Burger flipping and retail clerking are now the only jobs available for many folks.

 

You might be right. For all I know is it could be Wal-Mart just trying to scare and intimidate it's employees.

 

Dream on! The unconstitutionally Democrat created minimum wage is the reason we must pump our own gas, and wait in line at the grocery store and McDonald's when there are un-attended cash registers available. I was shopping at Aldi the other day (cut rate grocery store where you must bag your own order, and pay a .25 deposit to "borrow" a cart so they don't have to pay someone to retrieve it in the parking lot. ) It always takes a long time to check out at the store. They usually have 1 checker and 4 empty registers. Someone said "they should hire more checkers" as we were all waiting in line. That would increase the price of the food... ECO101...

 

So whats your solution? Eliminate the min wage and have Aldi pay their employees with a sack of rice?

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Snowballs chance in hell

 

I find that study to be suspect. It claims that raising all Wal-Mart employees pay to $12/hr would result in an increase of $3.21 billion. They then say if all of that cost were passed on to Wal-Mart customers, it would result in an extra $12 per year for each customer like you stated.

Let's do that math. 3.21 Billion / 12 = 267.5 Million. That would mean that every single American adult PLUS 37% of American minors are Wal-Mart customers. I highly doubt that is the case.