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Comments about ‘In our opinion: Minimum wage hike would cut jobs and hamper economy’

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Published: Thursday, May 15 2014 9:45 p.m. MDT

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marxist
Salt Lake City, UT

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?

high school fan
Huntington, UT

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.

Schnee
Salt Lake City, UT

"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.

Roland Kayser
Cottonwood Heights, UT

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.

UtahBlueDevil
Durham, NC

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.

liberal larry
salt lake City, utah

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.

SCfan
clearfield, UT

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.

RichardB
Murray, UT

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?

There You Go Again
Saint George, UT

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 altogether...

Exactly.

Mountanman
Hayden, ID

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 way around!

Esquire
Springville, UT

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.

10CC
Bountiful, UT

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.

cmsense
Kaysville, UT

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.

Ultra Bob
Cottonwood Heights, UT

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.

E Sam
Provo, UT

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 facts straight.

patriot
Cedar Hills, UT

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 adjustment.

Cats
Somewhere in Time, UT

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 is 2%.

references
Sandy, UT

"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".

The Wraith
Kaysville, UT

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.

Kent C. DeForrest
Provo, UT

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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