Minimum Wage - about to strike again

Posted by $ blarman 7 years, 11 months ago to Economics
134 comments | Share | Flag

Its amazing to me that Democrats ignore the warnings, and even more amazing to me that people keep voting for them despite the warnings becoming reality.

All Comments

Previous comments...   You are currently on page 6.
  • Posted by $ allosaur 7 years, 11 months ago
    Wonder if George Soros paid for those uniform red shirts.
    Me dino also wonders how many people in that photo would become or remain unemployed due to the hourly $15 minimum wage they demand.
    I'll predict it shall be at least half of those useful idiots.
    Reply | Permalink  
  • Posted by DrZarkov99 7 years, 11 months ago
    A strong economy creates a vibrant labor market and higher wages. Oklahoma has no state minimum wage, but the minimums run well over $10/hr, due to a shortage of labor (over 6,000 jobs looking for workers right now). That's due to being a business friendly state.
    Reply | Permalink  
  • Posted by ProfChuck 7 years, 11 months ago
    It is important to understand the relationship between the deliberate devaluation of the dollar and the push for minimum wage increases.
    Reply | Permalink  
  • Posted by $ blarman 7 years, 11 months ago in reply to this comment.
    If the foreigners had any good ideas, we'd listen to them ;)

    Seriously, though, the prevalence of new thought is reserved for societies which value and reward independent thought and hard work. Europe has been completely taken over by socialism as has Canada. The US is headed down that rabbit hole as well. Most of the rest of the world is mired in either communism or religious despotism. It's pretty hard to find good ideas when they are being systematically suppressed.
    Reply | Permalink  
  • Comment hidden due to member score or comment score too low. View Comment
  • Posted by Mitch 7 years, 11 months ago in reply to this comment.
    I think that another issue is also afoot, people have become increasingly opposed to accepting a foreign opinion. People have become very hesitant to change one’s view; stubbornness almost seems like a virtue. I seem to find it impossible to speak to others on any topic of anything outside of the popular culture.
    Reply | Permalink  
  • Comment hidden due to member score or comment score too low. View Comment
  • Posted by Mitch 7 years, 11 months ago in reply to this comment.
    The stratification of humanity… We are headed for the classic division of Atlas Shrugged, the producers and the moochers. Its said but the moto on my coffer cup holds true, “Atlas Shrugged, now in non-fiction”.
    Reply | Permalink  
  • Posted by $ blarman 7 years, 11 months ago in reply to this comment.
    Perhaps, but at the cost of training of entry-level skills and employment which then enable those people to be productively engaged and move up the ladder. If we employ robots at every unskilled position, we only further exacerbate the welfare state.
    Reply | Permalink  
  • Posted by $ AJAshinoff 7 years, 11 months ago
    The D's will never squander an opportunity to make useful idiots feel entitled, even at the expense of their livelihoods. If ever they stopped being useful idiots (aka informed and thinking people), the D's would never get a vote cast for them.
    Reply | Permalink  
  • Posted by freedomforall 7 years, 11 months ago
    Another fertile market for robotic replacement of expensive employees who do not understand economics.
    Reply | Permalink  

  • Comment hidden. Undo