Published: Thursday, May 15 2014 9:45 p.m. MDT
I'm sure you know that the current real (what wages will buy) minimum wage
is 12 percent below its 1967 level. Can you justify this?
All talk because federal contract workers have never been paid minimum wage.
When I had a summer job years and years ago, our pay even then was much more
than the minimum. If you bid on federal government work today there is
published the rate you have to pay and it is not cheap.This is much ado
about nothing. If Obama is serious about wages then he will start paying his
female employees the same as his male employees.
"The nonpartisan Congressional Budget Office estimates the president’s
proposed wage increase would destroy at least 500,000 jobs, even as it lifts
900,000 people out of poverty. Under the best scenario, that’s a net gain
of 400,000 lucky people"16 million people would be getting a pay
raise. Even if it's not enough to lift them out of poverty it'd
certainly help those people too.
Several economists have studied the effects of previous minimum wage hikes on
employment numbers and have found virtually no correlation. This time will prove
to be no different.
For a piece that claims it wants to talk about facts, rather than emotion, the
entire piece is devoid of facts other than the CBO report. Look, this would
not be our first time to this rodeo. We have raised the minimum wage in this
country several times. There is more than enough history here to be able to
use real life numbers. So one can only conclude the numbers
didn't support the authors opinion, or the author was too lazy to do the
research. Either way, for a piece that claims the discussion needs to be moved
to fact based discourse, it don't do so itself. Maybe raising
the minimum wage would hurt the job market - we just wouldn't be able to
tell by what we read here. Come on DN, step it up a bit.
There are two huge benefits to raising the minimum wage. The first
is that low wages are de facto subsidies of low paying employers, like Wal-Mart,
many of whose employees are using government benefits like food stamps. In addition paying more to low income workers stimulates the economy
because they tend to pump their wages straight back into food and other basics.
I tend to agree with the premise that increasing the minimum wage has drawbacks
that will cost jobs and further stifle economic growth. At this point (6 years)
into a failing administration I say let's just do it. The resulting
economic downturn will only bolster the Republican chances of greater success in
both 2014 and 2016. In the long run, short term pain for long term gain.
Heard the same thing in the past, and it turned out incorrect. Money
is one of the biggest causes of divorce, paying a person a living wage could
help keep many families together. Right now it's better economically for a
husband and wife to split, and the wife go on welfare, especially if their are
quite a few children involved. Is the Deseret News still owned by
the LDS church?
Ergo...Lowering the minimum wage would increase jobs and improve the
economy.Ok.Eliminating the minimum wage would increase
jobs and improve the economy even faster.Super.The next
step in the trickle-down-economy model...Eliminate wages
Obama is obsessed with minimum wages when he should be working to create high
paying jobs. Minimum wages do not create prosperity, productivity does. Since
Obama has taken control of our economy, wages have decreased because private
sector productivity in America has decreased! High taxes, over regulation and
Obamacare have curtained private sector productivity. Poor leadership all the
You are so completely wrong about the effects of raising the minimum wage.
Imagine, a newspaper parroting partisan talking points. This paper isn't
even serving its own economic interests by taking this position.
It appears the D-News Editorial Board is stuck in 1979. In that year, 90% of
labor economists agreed that raising the minimum wage would have the negative
effects predicted by this piece.From 2012, labor economists are
split roughly into thirds, with one third asserting raising the minimum wage
hurts low end employment, one third claiming it actually would help low end
employment and the economy overall, and one third saying it just doesn't
make much of a difference at all.How did we go from an overwhelming
consensus on a fairly simple economics issue to such fractured opinions?
Because the mountains of data that should prove the historic claim simply
don't. Even Mitt Romney agrees the minimum wage needs to be
raised. He knows a thing or two about business, right? D-News:
1979 was 35 years ago. Come up to speed on more contemporary research.
It has been a long time since the minimum wage has been raised. Its seems
completely reasonable to raise it at least modestly, say $1 or $1.50, which
won't put the wage above historical levels so I think the arguments against
this are weak.Some countries also have a lower minimum wage for
teens say in the 15-18 age range. I think that could benefit the teens and
businesses as well.
Jobs are created when people want to buy something and have the money to buy it.
It doesn't really matter where they get the money, only that
they spend it. Welfare dollars spend just as well as wages, but the best effect
on the economy comes when wages provide the money.Rich people
receiving new money may sometimes spend it. Ordinary people don't have the
options of rich people so they tend to spend all that they have. Increased spending creates jobs. Increased wages creates increased spending.
If you read the actual CBO report, it does not say that an increase in the
minimum wage would result in a half million job losses. It merely says that
there might be job losses. It says there may be no job losses at all. Get your
I actually think there should be a minimum wage hike to at least $9.50 per hour.
Minimum wage is for a certain segment of society - collge kids and new married
couples trying to get through college. Kids under age 19 have a different
minimum - say the current minimum wage - but for the rest it should be raised.
With the price of everything going up including rent there needs to be an
Minimum wage only hurts the people it claims to help as it only leads to higher
unemployment. It looks great for the Democrats who claim to be helping working
people when, in reality, it only helps the unions prop up their wages (their
wages are based on a scale with minimum wage) and protects them from lower
priced competition.Let the market make these decisions and allow
young people and those trying to break into the market have a chance at a job.
If kids can't get a job, they have no chance to learn skills and work their
way up. Switzerland has no minimum wage. Their unemployment rate
"it may not be popular to stick to facts"First of all, the
link to the CBO report is not a link to the CBO report is just links to a
washingtonpost DOT com article. And even that link is broken because you
included a ) at the end that should not be there. But even that article does
not link to the original CBO report.It appears the CBO report you
are trying to reference is at www DOT cbo DOT gov /publication/44995 ( DN, how
about we start allowing URLs? )Since the "facts" are what
this article was initially claiming to talk about I imagine that you read all 43
pages of the actual CBO report PDF before writing this.In addition
to the CBO there other studies that have been done around the minimum wage. One
is "Minimum Wages and Employment: A Case Study of the Fast-Food Industry in
New Jersey and Pennsylvania" by David Card and Alan B Krueger in 1992.So if you want to "stick to facts" it would be really helpful if
your article cited and linked to those facts instead of trying to "influence
reality" through "popularity".
Or course this is what the DNews thinks. Just once I'd like to see the
DNews do some actual research and come to their own conclusion about something.
It seems all they ever do is look up a subject, look up what the ultra
conservative position is, and then parrot that position.
So, DesNews, are you saying you want to leave the minimum wage at slightly below
where it was in 1950, when it was $7.29 in 2014 dollars? The fact is that
minimum wage has not kept pace with the cost of living. We have many instances
where individual states have raised the minimum wage. Have we heard them
screaming about all the lost jobs? No. And don't expect to see hundreds of
thousands of jobs lost if the minimum wage is increased. It will actually put
more money into the hands of people who will go out and spend it, which will
increase demand, something that doesn't happen when excessive profits go
into the pockets of the upper class.
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