if raising the min wage to 15$ is going to destroy our economy
then lowering our minimum wage to 5$ should massively improve our economy?
>>71104613
if you stop breathing all of humanity will be better off
>>71104613
You are correct anon.
>>71104613
Yes, although getting rid of minimum wages altogether would be better.
>>71104613
Just think how much better off we would be with no minimum wage.
We can raise the minimum wage to $15 when we bring back slavery.
>>71104613
Lowering the minimum wage to $5 will result in a high demand for jobs but nobody willing to work.
In contrast, increasing the minimum wage to $15 will result in a high supply of jobs but nobody looking to hire them.
Both create a market failure, minimum wages should be abolished and it will work itself out.
>>71104831
>>71105116
Free market does not work, faggots.
Yep, and making it $0 would make our economy perfect
>>71104885
What in the fuck
>>71105193
Of course, but it's better than any other system we have.
min wage is a psychological tool to keep people working for shit, thinking they're getting some kind of great deal. how can someone negotiate their pay when they don't truly understand the value of their labor? just let big bro do it lololol.
>>71104885
>burgercock likes this
>>71104613
can someone seriously explain this rationally
yes we know wages have increased over time and the economy has improved
why would increasing wages now harm the economy
>>71105293
>Nazi Germany was around for 12 years, and of those, almost 6 were spent fighting a war for national survival ()
>Soviet Union was around for 68 years, and of those, 46 were spent preparing for a war for national survival with US/NATO that they saw as "inevitable"
Sending everyone to camps to work for free would improve economy even better. (not a lib or soc, but sometimes pol goes too far)
>>71106047
Because to increase the lowest possible wage employers can pay to their employees to $15 means that they will have to increase their prices to cover this increased cost. Therefore, increasing the minimum wage is futile as the costs of living go up to match, making the increased wages obsolete while also affecting people with higher wages. The other option these employers have is to stop employing people altogether, replacing these now-expensive positions with cheaper robotic labour, as can be seen in fast food chains like McDonald's where they have computers to take orders, as well as in industry where capital became cheaper and more efficient than labour a long time ago.
>>71106285
so minimum wage workers are able to afford more goods
but
franchise owners have to pay their workers more
the middle class and wealthy are basically unaffected because a 3.59 whopper and a 3.99 whopper are essentially the same thing
should be easy math then right?
what is the net increase of purchasing power of min wage workers vs the net decrease in spending on min wage goods/services?
>>71104613
Yes, it would improve the economy drastically.
Unemployable people (niggers) would get new opportunities, no longer selling drugs and committing crime will be the only choice in life
>>71107348
Why don't you just legalize drugs instead?
The booming crack industry would make Detroit a superpower by 2020.
>>71105193
Why not bitch
>>71105193
yes it does
>>71104613
The minimum wage is $0. You don't have to work.
>>71104613
Why do you have to only accept minimum wage? People demanding for $15 a fucking hour to flip burgers, are basically telling everyone how fucking useless they are at life and what they are settling for.
>>71104613
The minimum wage is always the same. Is fucking zero, when you don't have a job.
>>71107455
>>71107419
Because you assume employers will always be 100% logical and go purely by supply and demand. We all know that's a load of horseshit.
Can some do gooder explain to me why it's OK to work for a newspaper >for free
When it's called an internship?
D-do you mean to t-tell me that state printed monopoly money isn't the only valuable thing in the universe?
>b-but I worship the state
>>71105293
>>71106146
The original concept of communism has never been sucessfully executed in any government because of:
1. There needs to be an excess of supplies and services in the society for it to work.
2. All communist governments have been corrupted in some way or form so that the spread isn't equal among all citizens.
3. None of the communist societies have been able to make the original concept work in the real world.
Communism in its purest form isn't a bad idea [read Looking Backwards by Edward Bellamy for an example], but it hasn't ever been executed in this manner because people tend to corrupt things with their greed, and there aren't any countries with the elements needed to make a successful communist republic.
>>71106756
Except an entire generation of teenage kids wont be able to find entry level jobs.
>>71105293
That doesn't mean anyone would actually be paid $0.
Employers would be more competitive with wages otherwise why would anyone work there?
>>71107659
>TRUE COMMUNISM HAS NEVER BEEN TRIED!!!!!111
>>71107659
Communism, even in its ideal form is a terrible idea.
It makes several assumptions about human beings and the nature of labour that are demonstrably incorrect.
>>71107659
>Communism in its purest form isn't a bad idea
Stop with this bullshit, you fucking inbred. If an idea cannot be executed properly because that would require re-wiring the human brain, it's a shit idea to begin with.
>>71107579
people are not going to tar roofs in july for $1 an hour. the supply and demand would work just fine.
>>71107699
so raising min wage in the past was fine and improved the economy
but if we did it now it would destroy a generation of teenagers
care to explain?
>>71107659
#2 is literally the point you inbred
>>71107868
oh wait july is winter for you isn't it... you know what I mean.
>>71107659
Are you aware that most useful things like physical strength, intelligence and similar skills tend to be distributed along a bell curve in human populations?
So why must humans born ahead of the curve be penalised for no fault of their own?
Are you also aware that labour in and of itself is essentially worthless? That most new wealth is created nowadays by software companies that produce no actual goods? Rather, they are dependent on innovation and new ideas, which needs people to take risks.
What motivation is there in a totally egalitarian society to take risks?
>>71107907
Raising the minimum wage in a pre globalised market without the Internet and fast and efficient transport made some sense. Now most tasks can be outsourced to workers not bound by the minimum wage laws.
With the advent of the Internet, rapid connectivity across the globe, and immense progress towards automation, means that minimum wage is going to result in a lot fewer jobs.
You know what? Just forget what I said.
I fully support a 150$ minimum wage. Liberal arts burger flippers will have less money and will end up as hobos.
>>71107699
How about the geniuses?
Every smart kid goes to university.
The middle class intellect go and work a trade. Should be that way.
Now it's time paid as being good goyim.
You're cucked by Goldbergsteinson.
Wake up. Money = values
Except its owned by the Fed.
t. Nehiyaw patriot
>>71105293
>edgy 12 year old
Haven't seen this meme in a long ass time.
>>71108322
Geniuses don't need university, and people of average intellect who work build skills with trade will find it fulfilling.
University servers essentially no purpose nowadays, unless it's for a professional degree like engineering or medecine.
>>71108409
13 year old girls, man
>>71106285
>citation that an increase in minimum wage leads to a proportional increase in price not found
>>71104613
Yes.
In fact, the minimum wage should be 0$
>>71107807
For the "experience"
>>71105116
>high demand for jobs
>no one wanting to work
Just don't continue Please..
>>71107579
Nah, but hiring illegals for 5$, why not?
>>71107831
I will recite You in my master thesis
>>71108260
Millions of libtards on the streets begging for money, when suddenly you enrage by seeing the only burger flipping nignog in the whole city
>>71104613
>there ar eno shills
