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Raising minimum wage works!!!
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You are currently reading a thread in /pol/ - Politically Incorrect

Thread replies: 18
Thread images: 5
>Raise minimum wage
>More wages increase demand
>More demand provides profit for businesses
>Profit is re-invested in infrastructure
>More infrastructure means more job offers
>More job offers means better employment rate
>More employment means more production and more supply
>More supply lowers prices which stabilize the inflation from increased demand

It can't go wrong. Prove me wrong.

>Pro-tip, it's impossible.

>Uruguay jokes are forbidden in this thread.
>>
>more wages
That's just assuming it works, fucktard.
>>
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>raise min wage
>niggers either quit or fight for less hours so they can stay on gibs me dats
Its already happened senpai
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>>69617917
Your logic is completely wrong.
>raise mini wage above supply-side equilibrium
>deadweight loss in the form of unemployment
It's not that hard to understand.
>>
>>69617917

You absolute dumb fuck. You never know what is going to work and what isn't. There are a million different variables at play at any given time. What may or may not work today may or may not work tomorrow.

Your entire post is assumption. You can't prove it works and yet you demand proof to the contrary. Stop shitting up this board.
>>
>white
>>
>>69617917
>we are worth more

maybe if we stopped letting in so many legal and illegal low skilled workers

dems are retarded

wait until they legalize the 15M illegals... they will work for less
>>
>>69617917
>demand is the centre of growth
>not production

I don't know why this isn't just 100% intuitive for people. I want Keynesfags to leave.
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>>69617917
Weren't high wages what ultimately led to the Bloody Thursday events?
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>>69617917

>Profit is re-invested in infrastructure

nigger, cell phones, watches, headphones and monthly subs to porn sites are generally not considered infrastructure.

you cunt.
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>>69617917
Nice try bernie
>>
>>69617917
everything will cost more. its not like businesses will say "aww man looks like they go us"

No! they'll instead raise the cost of everything to compensate
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>>69617917

Haha waiting for the inevitable collapse, bail out and repeat. No company is going to lose profit from wage rises, they will make redundancies compulsory. Wave good bye to your co-workers and thank them for the nice crisp p45 present after the short straw competition.
>>
More like

>Raise minimum wage

>Employers reduce hours, hire less people and raise to cover increased costs

>Fewer people are working those that are are getting fewer hours

>Businesses that can't afford the increase shutter completely, resulting in more people becoming unemployed

>Since costs are up, the extra income now means nothing and now you're back to square one, except now there's fewer businesses and fewer people working


Protip: we're already seeing this under obamacare
And this is assuming they don't just send their shit overseas
>>
>>69617917
>It can't go wrong. Prove me wrong.
Well that's easy... mass layoffs and outsourcing. You're not wrong that a wealthier, consumerist working class will stimulate the economy, but minimum wage is in no way an effective means of achieving that.
>>
>>69617917
>raise minimum wage
>McDonalds has to choose between paying Tyrone and Jamal $15/hr or replacing them with a touchscreen
>Tyrone and Jamal back on welfare
Just kidding, they never left welfare.
>>
>>69617917
>we are worth more
see that's just the thing

they're NOT worth more
>>
>>69618140
plantation niggers basically
they should be fighting to stop the programs because that's where their raises have gone. skimmed out through government corruption and failure
Thread replies: 18
Thread images: 5

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