Minimum Wage Hike

[christiefan915]

Ridiculous, one business does not mean it is a disastrous policy and it was your example, the burden of proof is on you, not me.

Wonder why the guy didn't just lay off a worker? Sounds like the business was in the crapper and it had nothing to do with minimum wage.

 

[Banned]

So can any conservatard point to any time a wage raised was really bad?

They just know they are bad because their corporate masters tell them so.

 

[Cancel 2016.2]

If it's so comical why has it been done in most of the developed industrial States, including yours?

Because politicians (and people like you) are idiots when it comes to economics.

 

[Cancel 2016.11]

Because politicians (and people like you) are idiots when it comes to economics.

I'm pretty convinced you have reverse mind dysmorphic disorder.

 

[Cancel 2016.2]

The minimum wage increased twice during the Clinton administration and those were good times for the country.

The minimum wage increased twice during the Clinton administration and it rained several times too. Oh wait, those aren't correlated either.

 

[Mott the Hoople]

I'm pretty convinced you have reverse mind dysmorphic disorder.

Naaaa....he's just a garden variety asshole....like me.

 

[Cancel 2016.11]

Naaaa....he's just a garden variety asshole....like me.

I just don't see you two as much alike at all. If you're an asshole, it's low-grade...we can't say the same for him! He's made an art out of it.

 

[Cancel 2016.11]

Haha, you just know SF is looking up dysmorphic disorder right now!

 

[Mott the Hoople]

Haha, you just know SF is looking up dysmorphic disorder right now!

LOL So am I!

 

[Mott the Hoople]

I just don't see you two as much alike at all. If you're an asshole, it's low-grade...we can't say the same for him! He's made an art out of it.

well if you were to characterise us I'd say I'm more the like a psuedo intellectual horses asshole.....where SF is golden....he's a pure asshole.

 

[christiefan915]

It is not a strawman... it was indeed an exaggeration of her point. Which is why I included the question posed to her...

Where does this money for the wage increase come from?

Can you answer it?

It comes from the same place the current wage comes from. Your point?

 

[Liberty]

If the minimum wage hike is a great thing, why not raise it to $100.00 an hour?

 

[christiefan915]

The minimum wage increased twice during the Clinton administration and it rained several times too. Oh wait, those aren't correlated either.

You wrote: "if you raise the costs of doing business, that cost will translate into higher costs of goods sold (which reduces demand) and most likely will lead to less hiring of unskilled labor (meaning more people on unemployment/welfare)..."

There were two minimum wage increases from 1992-2000 and the unemployment rate dropped almost 50%.

2000 142,583,000 136,891,000 5,692,000 4.0%
1999 139,368,000 133,488,000 5,880,000 4.2%
1998 137,673,000 131,463,000 6,210,000 4.5%
1997 136,297,000 129,558,000 6,739,000 4.9%
1996 133,943,000 126,708,000 7,236,000 5.4%
1995 132,304,000 124,900,000 7,404,000 5.6%
1994 131,056,000 123,060,000 7,996,000 6.1%
1993 129,200,000 120,259,000 8,940,000 6.9%
1992 128,105,000 118,492,000 9,613,000 7.5%

Please tell us, dear SF, how this was possible.

http://www.nidataplus.com/lfeus1.htm#annl

 

[Cancel 2016.2]

I just don't see you two as much alike at all. If you're an asshole, it's low-grade...we can't say the same for him! He's made an art out of it.

Thank you, it has taken decades of fine tuning to perfect it. I am glad it is noticeable and again thank you for your kind words.

 

[The Dude]

Sounds like the only three times discussed here the economy was better every time!

 

[Cancel 2016.2]

You wrote: "if you raise the costs of doing business, that cost will translate into higher costs of goods sold (which reduces demand) and most likely will lead to less hiring of unskilled labor (meaning more people on unemployment/welfare)..."

There were two minimum wage increases from 1992-2000 and the unemployment rate dropped almost 50%.

2000 142,583,000 136,891,000 5,692,000 4.0%
1999 139,368,000 133,488,000 5,880,000 4.2%
1998 137,673,000 131,463,000 6,210,000 4.5%
1997 136,297,000 129,558,000 6,739,000 4.9%
1996 133,943,000 126,708,000 7,236,000 5.4%
1995 132,304,000 124,900,000 7,404,000 5.6%
1994 131,056,000 123,060,000 7,996,000 6.1%
1993 129,200,000 120,259,000 8,940,000 6.9%
1992 128,105,000 118,492,000 9,613,000 7.5%

Please tell us, dear SF, how this was possible.

http://www.nidataplus.com/lfeus1.htm#annl

Dearest little Christie... it is called the tech/telecom/internet/biotech boom.

Now... why are you pretending that it caused the unemployment rate to drop 'almost 50%'?

It did no such thing. For one, the rate increases under Clinton were in October of 96 and Sept of 97. Yet you include unemployment info from 1992-1995 which is irrelevant. Why?

Minimum wage is not going to drive unemployment all by itself. But if all other factors are held consistent... then again I ask... WHERE does the money to pay for the increase come from? Someone has to pay it.

 

[Mott the Hoople]

If the minimum wage hike is a great thing, why not raise it to $100.00 an hour?

Is that a rhetorical question or a dumb one?

 

[Mott the Hoople]

Dearest little Christie... it is called the tech/telecom/internet/biotech boom.

Now... why are you pretending that it caused the unemployment rate to drop 'almost 50%'?

It did no such thing. For one, the rate increases under Clinton were in October of 96 and Sept of 97. Yet you include unemployment info from 1992-1995 which is irrelevant. Why?

Minimum wage is not going to drive unemployment all by itself. But if all other factors are held consistent... then again I ask... WHERE does the money to pay for the increase come from? Someone has to pay it.

That wasn't her question and you didn't answer it.

 

[Cancel 2016.11]

Dearest little christie, wtf???

 

[Cancel 2016.11]

That wasn't her question and you didn't answer it.

WHenever Sf doesn't like the question he just pores on even more condescension than usual and hopes you won't notice.