The minimum wage should be lowered not raised.

Posted by $ Olduglycarl 8 years, 10 months ago to Economics
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Make sure to read the full article...in PDF form.

You know, I realized something while reading this article: Let's suppose that this raising of the minimum wage thing is not a progressive attempt to increase everyone's worth nor to cash in on getting more taxes and regulating businesses more and more.

In a down market, a highly skilled and temperamented worker will have no choice but to work a minimum wage job or two...this will leave the younger less experienced worker at a disadvantage...not just disadvantaged but outright disempowered from learning an important life long lesson: How to produce and create value in the work place, how to behave in that work place and learn work place work ethics. Sometimes these are hard learned lessons but once they are learned that young person will apply these lessons over their working life, whether they work for someone else or for themselves, not to mention learning how to be fiscally responsible among a host of other life lessons. In short, these young folks, having these experience will likely never have to depend upon pappa and momma government.

Now, raising the minimum wage would force this to happen, also forcing small and low wage skill businesses to look for alternatives in order to stay in business and to stay competitive. But...what does this do to the older more experienced worker? Wouldn't this disempower them also...in spite of the higher wage offer, even if it was close to that persons previous wage. We are forgetting the importance of, responsibility and satisfaction,; never mind having to work doing menial tasks, which would have to be boring as hell; wouldn't this play a role in that persons self worth?, his ability to provide for himself and family and even with the most humble person with family understanding, isn't this the biggest downer a man or women might experience. Might they, in an effort and even justifiably so, try to recoup some of that lost income from the very government that created this situation in the first place? Even if they have always been self supporting their whole life up to this point? It happens.

We might be tempted to say these individuals are weak and can't compete...but how many of us that haven't had the benefit of a skill set that can be applied to many occupations could effectively deal with this situation.

Those of us that have these widely marketable skill sets or even hobbies that could turn a buck are the lucky ones...we had those life long lessons at an early age...but what of those that came after us?

What I'm asking here is: Could this be the progressive reason and plan to get us all, young and old to be more dependent on government and perhaps to break our spirit in some respect?


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  • Posted by $ allosaur 8 years, 10 months ago
    This should happen never will happen.
    I can think of some other should happens that will never happen either.
    Making all laws Constitutional would be one.
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  • Posted by $ 8 years, 10 months ago in reply to this comment.
    At least it would show just how ridiculous that idea is...maybe 1 or 2 would wake up...that might be an overestimate....
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  • Posted by $ Abaco 8 years, 10 months ago
    I recently saw a financial guy I respect state that if they had any balls they'd raise it to $50. Why not? If we're going be initiate a farce let's really get with it. $15 just stuck because they new they could get it approved by the dolts. It wasn't based on any sort of analysis. It was just a lick on the finger stuck up in the wind...

    I say $50. I'd like to be guaranteed $50. Let's see what we're really made of!
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  • Posted by ISank 8 years, 10 months ago in reply to this comment.
    It is a challenge to know their intentions but any one who understands demand should know if you raise the price, people will lose their jobs.

    What was the role of unions and the party they own in pushing to keep unemployment higher among certain groups?
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  • Posted by DrZarkov99 8 years, 10 months ago
    Just an observation, but even though the unemployment is up slightly in Oklahoma City, I see lots of help wanted signs. I don't know of one employer that's paying minimum wage, with most at $9/hr and up (Hobby Lobby pays $15/hr to full time, and $9.50/hr to part time employees). The lesson is that when labor demand is high, the market will pay well, so government should focus more on creating an environment that stimulates labor demand than on dictating wages and prices.
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  • Posted by freedomforall 8 years, 10 months ago
    Real estate and stock market prices should be left to the ravages of the free market, too. Both should see a more than 50% decline if the banksters and governments get out of the fiat printing and manipulation business.
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  • Posted by $ 8 years, 10 months ago in reply to this comment.
    Sorry, This post was originally marked down to 0, so I deleted, change the title and copy and pasted the rest...didn't notice till now that the par. divisions didn't past up.

    Agree, Let every business determine it's minimum wage offer...The free market will work it out.

    But, to the point...do you think it was purposed to disempower both young and old? or just a consequence.
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  • Posted by ISank 8 years, 10 months ago
    Lower? Screw that, end it.

    Paragraphs are there for a reason.

    Great points!

    Cheers,
    iSank
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