raising the minimum wage

I like the idea, but I don't think it will help.

It's only good for impoverished people.  Nothing good will come out of this for the rest of us.

 It will cause resentment. There are many people, depending on where they live, that only get paid $15/hr for a skilled job. Are they going to want raises?  Let's face it, flipping burgers is not supposed to be a job that will support a family. How long will it take before the $15/hr flipper is going to want $16/hr.? More?

If this passes in CA, the state is done for. Middle class will be gone.

I think it will be good for the states that do it.  Poor people will spend extra money, and they probably will spend it in places that employ minimum wage people. like fast food, movie theaters, retail, etc.

People are delusional if they think this won't result in higher prices, higher labor costs, etc. across the board. Companies won't just eat those increased costs you know. They'll get passed to the consumer, which will largely blunt a lot of the effect of the increased income for the "minimum wage" worker

A meteor killed the Dinosaurs

Many many years down the road, will it be an exaggerated conscience and pathological altruism that devolved humans backed to some rock and stick manipulating primate?

This is not raising the pay of laborers it is a govt imposed tax on the price of workers.All taxes get passed to the consumer and all taxes discourage that which is taxed.Higher prices and all forms of tactics to discourage hiring/maintaining workers will result.Economics 101.

Ahhhhhh, Remember when "minimum wage" was what you started out on at McDonalds, in high school, with no experience, education, your first real job, and then you became a:

The subject is moot.  Each side can beat this subject around the bush every day all day long until the cows come home and it's still going to be a 50-50 split forever in the minds of Americans.

What I will never understand is why we worry about pennies given to 19 year old single mothers and yet the CORPORATE FUKKS can steal literally billions in loopholes and nobody bats an eyelash.

1986 ratio CEO pay to Middle Class Worker 30-1.

2016 ratio CEO pay to Middle Class Worker 400-1.

NOBODY sees anything wrong with this picture?

Wounded Warriors Non-Profit Execs hauling down huge paychecks and Globe Trotting and eating like Kings and living like Rock Stars.  Never mind losing their jobs.  These mutha-fukkers should be doing JAIL TIME.

And you worry about 19 year old single mothers.

Amen to that.  Absolutely despicable.  Even if they didn't blow all that money the chairman's published yearly salary was 500k.  I knew after seeing that I wanted no part of it

The only thing I'd like to add is that the small businessman is getting the raw deal here.  Small businesses are the lifeblood of America.  Did you know that the small businessman provides over half of the new jobs created in the USA?  He takes all the risks.  Invests his hard earned dollars.  And depends on his minimum wage earners in order to turn a small profit.  How many small businessmen have been wiped out by corporate giants like Wal-Mart and Target?  It's a travesty.  This is not the America I grew up in and is certainly not the America I want to leave to my children and grandchildren.

Corporate Greed Sukks.

OK, I'm off my soapbox now.  

most people are too stupid to figure it out


dow jones was 2800, then 1600, then 7000 then 14000... right now its around 17750.

min wage was 2$, 4$ 6$, 7$ then up n up and up

silver was 4$, 6$... then up n up to 15 then 16$

gold same thing.... up up n up.

tuition same thing. avg student debt was 8000, then 12000, then 20000. now its around 30000-35000 for the avg kid who grads in 2016.

figure it out. these politicians are not stupid.

Doesn't the minimum wage going up also raise wages as it is a percentage of minimum wage

Raising minimum wage is bad.  It is terrible for small business owners that have few choices, raise prices, reduce hours given so they do not have to pay benefits too.  Let capitalism work, raising the minimum wage fixes nothing.

1000-1500 a week is not bad at all, wage in my country is about that half of that for a month 

people deserve to live a better life so it should be raised

Indeed, especially in the poorer countries

Right on. It is all a circle that keeps going around. 

1. It’s a fake issue

When deciding what problems to address, it’s important to prioritize and focus on the big issues first. If you’re late for a yoga class and your house is on fire, the downward facing dog can probably wait until later.

If you take a look at the characteristics of workers making the $7.15 minimum wage or lower, you’ll learn that it’s a tiny portion of the workforce (3.3%) and that half of these workers are under 25.

We’re often fed red herrings about single moms raising ten kids on a minimum wage salary. And while there might be examples of people in that kind of situation, it’s not even close to the norm. There will be instances of tragedy no matter what policies are in place. Perfection is an illusion.

2. Entry level work is payment within itself

I got my first real part-time job when I was 15 years old. I worked as a cashier at a local grocery store within walking distance of my house. This was prior to the most recent federal minimum wage increase, so my starting salary was $5.15 per hour.

I brought zero skills to my employer. But after a year working there, I learned how to be on time, how to fit in with coworkers, how to deal with customers, how grocery stores operate, the names of a million fruits and vegetables, the relationship between suppliers, delivery, and distributors, and more.

And I got paid! In college, I paid to learn. At work, I was paid to be taught.

3. You have to start somewhere

While Peter Schiff was making his case against the minimum wage, Joe Rogan made a common argument that goes something like this: “if you can’t afford to pay your workers a living wage, you shouldn’t be going into business.”

This argument is ridiculous on two fronts. First, if we decide that only people who can afford to pay “a living wage” have the right to do business, only the rich will be able to. When asked about the federal minimum wage going up to $15 per hour, former McDonald’s CEO Don Thompson said “McDonald’s will be fine.” And they will be. Few brands have the resources, global reach, and staying power of McDonald’s, so an increase in labor costs is unlikely to ruin them.

But what about the next hamburger entrepreneur? What if the next best burger is being concocted by an individual with limited resources? How can he get started if he has to pay more for labor than his laborers produce?

Workers have to start somewhere too. I left my job at the grocery store for a position at an afterschool program that paid $11 per hour. Without the first job on my résumé, I may have been passed over for someone more experienced. I parlayed the afterschool job into a gig with more hours at a $10 rate, and I’ve never looked back. My low-paying job kick-started my whole life.

4. The minimum wage kills jobs

Here are three ways in which the minimum wage kills jobs:

Automation becomes a cheaper alternative, so investment in robots is encouraged.

As labor costs rise, employers get rid of workers and shift their responsibilities onto retained workers.

Instead of firing employees, employers may cut hours, making full-time jobs part-time.

5. Job creators avoid high minimum wage areas

Many factors go into determining where a job creator will decide to found or expand his business. These include distance from the creator’s family, location of target customers, and, yes, labor costs. The higher the minimum wage, the less enticing a location will be for a job creator to get started.

 

6. When labor costs rise, other prices rise too

Prices do not exist in a vacuum. Based on supply and demand, competition, and other factors, owners set prices for their goods and services as to make for the most profitable outcome. If tomato prices rise, the difference will be made up somewhere. Perhaps the price of tomato-based products will rise. Perhaps cleaners and other contractors will be hired less often. Perhaps plans to hire new workers will be cancelled.

The same effect occurs when labor costs rise. Though it may not be easy to pinpoint, someone will be paying more for something… and it almost certainly won’t be ownership.

7. The poor get priced out

When jobs are cut, the victims are tragically predictable: the urban poor. The first reason is that the urban poor bring the fewest skills. Poor performing schools mean inferior language and math skills, and broken families mean underdeveloped social skills. Next, location makes getting to work, which is likely outside the inner city, tough. They often rely on public transportation, so being on-call becomes impossible. Lastly, racism and classism are not as pervasive as some would like to believe, but discrimination is real. Non-whites and the poor are burdened with the worst stereotypes.

White suburbanites are better educated, more mobile, more local, and carry fewer negative presumptions about them. And that’s the truth.

8. We can negotiate our own deals

Man has walked on the moon, climbed Mount Everest, invented penicillin, written The Odyssey, discovered DNA, and overcome the Bubonic plague.

I am wholly unconvinced that allowing employers and employees to figure out wages that work for both parties is too formidable to be permitted.

9. Each state’s economy is different

As a believer in federalism, I do not think I have the right to tell each state and each city what to do. If San Francisco decides to raise their minimum wage, that’s up to them. And SF might be able to get away with it. A beloved and temperate city, even astronomical costs may be endured to live there.

But the same is not true of other locations that depend on low cost of living to attract and retain residents. Mississippi has the lowest cost of living of any state in the union, and it’s not exactly the kind of place young people yearn to start their lives in. Artificially raising labor costs would decimate the local economy and undermine one of few justifications for living there.

10. The Constitution says nothing about the minimum wage

The 10th Amendment to the US Constitution reads “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.”

99% of the governments are raising the prices of products when they raise the minimum wage so it won't really help

Minimum wage is as low as few dollars in some countries. They definitely need to raise it to higher