Comments about ‘Budget office: Obama's minimum wage hike would increase earnings for 16.5 million, but cut employment by 500,000’

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Published: Tuesday, Feb. 18 2014 12:00 a.m. MST

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DN Subscriber
Cottonwood Heights, UT

Why only $10.10 per hour?

Why not allow low skill, low motivation workers to really enjoy life? Make the minimum $50.00 per hour, or even more, so they can live like a lawyer, or a brilliant surgeon, but without wasting all the time and work to actually acquire skills that are in demand. Heck, raise the minimum pay to match that of a movie star or sports champion, and let's really enjoy live!

Any time the minimum wage is increased, it drives up the wages for every level above that. Since NO ONE is actually contributing more productivity for the increased wage, employers have no option but o increase the prices on their products. So, the new "higher" wages end up buying no more than before. And the higher wages and prices fuel inflation which destroys the real value of any money that anyone frugal has saved.

Please, do the poor a favor, and keep Obama and his politician cronies out of any economic decisions, they ALWAYS get them wrong!

Badgerbadger
Murray, UT

So raising the minimum wage amounts to the government picking winners and losers, again. Some will get a raise, making them the winners. Others will lose their jobs, making them the losers.

Of course prices will go up, the economy will be slowed, which makes everyone, except those staying in minimum wage jobs, losers too.

Tell Mr. President you don't think he should make you a loser so he can randomly pick a few winners. That isn't what democracy is about. It is not what a democratic republic is about. It is not what the USA is about.

To the liberal wealth distributors here, please realize that the ones who will pay the highest price will be those in minimum wage jobs now, who will have no job when the wage goes up. It won't do diddly squat to the rich. It is the low income people who will pay.
How could you support hurting these people?

Objectified
Tooele, UT

If you happen to be one of the fortunate ones who benefits from this minimum wage change, then kudos to you.

But if you happen to be one of the half million people who lose their jobs because of this increase in the minimum wage, it's about the worst news you could get.

Mainly Me
Werribee, 00

I'm an American living in Australia and I can tell you that a high minimum wage simply does not work. The minimum wage for a casual worker here is more than $21/hour, but it simply isn't enough. With a raise in the minimum wage you get a corresponding raise in housing, food, fuel, heating, electric, transportation, etc., all across the board. A cheap, dump of a house to rent in Sydney costs at least $2000 a month. Electric for that house costs more than $300 a month and that's without a clothes dryer and very minimal air conditioning. Tack on another $60 to $70 a month for that. Gasoline is currently nearly $1.76 USD a litre (that's $6.68/gallon). For 3 people, it costs at least $200 a week for groceries. It still takes two incomes at more than $21/hour to make ends meet.

Sure, raise the minimum wage. It won't work.

worf
Mcallen, TX

Having people increase their income is like paying for Hawaiian vacations on someone else's dime.

ennayr
Papillion, NE

If you want a job that pays higher than minimum wage then perhaps you should acquire some skills that would help move you toward a job that pays better. Anyone can ask, "do you want fries with that?" These types of jobs are not supposed to be for those who are trying to support a family. I worked hard to get a degree to improve my job choices and guess what, it was costly but in the long run very worth it. It can be done!

Monsieur le prof
Sandy, UT

As Krauthammer said, "There's a reason why that magnificent edifice in New York is called the Statue of Liberty and not the Statue of Equality..." Let supply and demand dictate the wage a person makes. Most of these minimum-wage jobs are being filled by teenagers who are not trying to support a family, but just make some pocket money for their own needs and desires.

Like most liberal ideas, the legislation is a "feel good" idea not based in economic reality.

Anti Government
Alpine, UT

Stop with the logic you guys!

All that matters is that some people earning lower wages will get more and then they will no longer have problems in their lives!

Well, that is how liberals think at least.

Forget the fact they are still making $10/hr. Forget the fact that over half a million other poor people lose the jobs they had. Forget the fact the prices on everything wherever they work go up.

Forget all that willy stuff.

Such is the life of a liberal who enjoys utopian fantasies where you get to pick which parts of things you like and then you pretend the rest of the consequences don't exist.

A Quaker
Brooklyn, NY

The one thing we know about predictions is, they're imprecise. But, like making wishes from genie's magic lamp, even when the results exactly fit the words, it's not always what you expected.

When it comes to minimum wage workers, especially those trying to support a family, many people presently hold more than one job. It's entirely possible that increased income from their full-time job might make it possible for people to give up a second, part-time job. There are also people trying to make a living from three or more part-time jobs.

CBO's job figures don't distinguish between full-time and part-time, don't distinguish between two workers with one job each or one worker with two jobs.

Some things are certain, however. Nearly one in six people will experience some increase in income if the minimum wage is raised. (Think "trickle-up.") Taxpayers will save billions in food stamps and supplemental support programs when millions are raised out of poverty.

Let employers support their own workers. Taxpayers shouldn't have to.

Plus, raising the wage is an economic stimulus program guaranteed to work.

wrz
Phoenix, AZ

@Badgerbadger:
"Tell Mr. President you don't think he should make you a loser so he can randomly pick a few winners. That isn't what democracy is about."

Mr. President is not concerned at all about wage levels. He's seeking votes for the upcoming elections such as the Congressional this year and the presidential in 2016. He's also working on getting the Hispanic vote by pushing Congress to get busy on an amnesty and citizenship bill for illegals.

worf
Mcallen, TX

People are hired according to their skills, and ability to help a business grow.

Of course a car dealer will pay more for a good salesman.

This is a natural, and Obama doesn't need to mandate wages.

Just that simple.

Happy Valley Heretic
Orem, UT

Plenty of history of what happens when you raise minimum wage.
But that conflicts with what the corporate world wants you to believe.
Here's a hint- None of what the right wing radio fans above say will
happen has ever happened before when it was raised.

Thank you Quaker for a well thought out comment in a sea of prophets.

What in Tucket?
Provo, UT

Actually one might call raising the minimum wage a communist technique. Obama's main agenda is wealth redistribution. Unfortunately all that does is produce a recession if it goes far enough. Just like their defense of the stimulus bill. It could not and did not help the overall economy it made it worse. Some Obama cronies benefited. How one can figure the government can take your money and spend it better than you is beyond me. Not to mention the proportion taken out by the bureaucracy that administers it. Communists love to say, "the rich get richer and the poor get poorer." If you look at really poor countries seem to have very few rich. In Haiti there are a few millionaires, no billionaires. The rich have companies with workers and that is where they get their income. So if their company does better they reap the benefit.

FDRfan
Sugar City, ID

This is such an easy position to take. It has been repeated since Taft.

A Quaker
Brooklyn, NY

@HappyValleyHeretic: Thank you kindly! I've enjoyed your comments as well. Keep up the good work, speaking Truth, even if it seems lamentable at times that some people have such made-up minds that they're immune to common sense.

This negative spin on the CBO claim reminds me of the last one. I believe they said something like the ACA ("Obamacare") would result in 2.5 million less people with jobs. When you looked closer, it turned out they were talking about 2.5 million people who weren't old enough to qualify for Medicare, who otherwise wanted to retire, still working just for the group medical insurance.

In other words, Obamacare turns out to be a blessing for those 2.5 million people who want to retire early and will finally be able to do so without worrying about medical insurance. Not only that, but those 2.5 million newly freed-up job vacancies will be a blessing for all those college grads who haven't found work yet!

But, right-wing radio was content to spin it as some kind of a bad thing. Ooooh...! Statistics!

There You Go Again
Saint George, UT

Raising the minimum wage will destroy 500,000 jobs...

Yikes.

Lowering the minimum wage will create 500,000 jobs...

So... a minimum wage worker will now work 80 hours to make what they made in 40 hours...while attending some type of school to improve their skills to get a better paying job...

In fact...

Doing away with the minimum wage will create even more jobs.

Wait a minute...

So doing away with any wage will create an infinite number of jobs?

The 1% is working on that concept...

If the messaging can be convincing...it just might work.

Perfect.

ThornBirds
St.George, Utah

Yea, let's keep them poor!
Corporations get food stamps for their employees.
Way to go, Walmart!

A Quaker
Brooklyn, NY

@AntiGovernment:

It's bad enough you have neither empathy nor compassion for the working poor, do you need to mock them as well? ("... and then they will no longer have problems in their lives!")

@ennayr:

Many of the people stuck in low-wage jobs already have college degrees, and came out of school at the perfectly worst time, in the middle of the Great Recession. There aren't jobs for all the educated and trained people now, not even with advanced degrees. Besides, what's to become of the 16.5 million low-wage positions in this economy? Are we just to eliminate them, close all the restaurants, cleaning services, guard services, laundries, garment factories, etc.? Get serious.

@MainlyMe:

Did you live in Australia when the minimum wage was lower? Was it easier? What about the suburbs? Sidney is like Manhattan. Rents in Brooklyn are a fraction of Midtown.

@DnSubscriber, @Badgerbadger, @WhatInTucket, @MonsieurLeProf: Do you have anything else other than denigrating "Liberals"? Look up "Plutocracy" some time. A free society needs a balance between private opportunity and public policy. Without the latter, there is no middle class, and the upper class closes ranks.

worf
Mcallen, TX

All of the wealth in our country doesn't equal our national debt.

What is Obama going to redistribute?

We've been scammed!

Elcapitan
Ivins, UT

Union trained President Obama and his minions are union trained negotiators. They know how to hand their detractors the dirty ind of the stick to make themselves look good. they know nothing about modern free market economics and care less. Just make it sound good and their no nothing voter base will vote for them. Wake up folks, the wool is being pulled over your eyes.
The people you have put in charge of our country are suceeding in ruining it. We have a wana be dictator on our hands.

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