@Twin LightsMitt's wrong. Period."Analysis of prior
increases in the minimum wage indicate little effect on unemployment." Since less than 5% of the workforce earns minimum wage, past changes
would not have had a meaningful effect on the rate of unemployment. "If lower wages are good then we would eliminate the minimum wage
altogether and have folks work of $1 an hour."Good idea.
Let's eliminate the minimum wage. Close the borders so employers have to
set their wage requirements according to the pool of legal American workers
willing to accept that wage for the type of labor performed. They'll either
have to pay more or automate. Wages will achieve a natural level in accordance
with the available pool of prospects and skills. Automation will require
additional technical workers who, if not already capable, will have to be
trained. Either way, the economy gets a huge shot in the arm.Of
course, all this is political theater because, as I said before, we are talking
about a bare single digit percentage of the workforce.
@shuttdlrl"Instead of raising the minimum wage we should give
government jobs to the less fortunate for job training." What we have done
is given government jobs to the less qualified and now we have the IRS scandal,
Fast & Furious, TSA, bankrupt cities, Obamacare website that doesn't
work, and the list just keeps getting longer.
Mitt's right. Period.Analysis of prior increases in the
minimum wage indicate little effect on unemployment.If lower wages
are good then we would eliminate the minimum wage altogether and have folks work
of $1 an hour. No.From the comments above, there is little room
left for a pragmatic conservative. It's all or nothing.
Again, Who is Mitt? It is hard sometimes to figure out what side of the bed he
is on; the only certainty is that his mattress is stuffed with more money than
Nice he is distancing himself from the radical tea party.
Aren't these some of the same posters who insisted two years ago that Mitt
was precisely the economic genius who would save our country? Now the poor guy
expresses an opinion they don't like and it's suddenly time to throw
him under the bus. I have no doubt that Mitt knows what the Koch Brothers want
in terms of wage policy, because they probably sat him down and extracted a
promise before coughing up the campaign cash. Trouble is, he doesn't buy
it, folks. Not then OR now.
To bad this version of Mitt Romney didn't run for President. This is the
one I could have voted for.
Teenagers need to save for college.
And how was he supposed to be any different than Obama again?
I would be nice if we could eliminate poverty by waving a wand. The minimum wage
is smoke and mirrors. An increase will help some (mostly middle class teens) and
hurt others (those with the least productive skills). Minimum wage jobs were
never meant to be careers. If you are middle aged and are still making minimum
wage, your problem isn't the minimum wage, your problem is that you have
not developed the knowledge and skills to move up. The solution for you is to
move up, not increase the wage for unskilled labor.
To "Doklove" if you have a minimum wage based on age, that won't
help either. Think about what that would do to moral at your business. You now
have the 16 year old doing the same job as a 21 year old, yet the 16 year old is
paid less. You also would have to figure out what to do with all of the people
getting the adult pay that are suddenly fired and replaced with highschool and
young college age kids that don't get the adult pay.
Two thoughts on minimum wage- 1. Why doesn't it go up slowly like
inflation. Maybe a 2-3% increase per year. It is silly to try to shock the
system and increase the minimum wage by nearly $3 at one time. 2.
There should be at least a two-tiered system. 16 year olds selling popcorn at a
movie theater don't need to make $10 per hour, or $7 for that matter, there
should be a lower minimum wage for 16 year olds- of course keeping child labor
laws in place, then when people are 21 or whatever age raise it to an adult
Oh dear, if they raise the minimum wage, I'll pay $1.05 for a cheap
hamburger instead of $1.00. How will I survive!
When I was young I worked at the minimum wage rate (between $3.50 per hour and
$4.50 per hour). Of course, back then I paid less that $1.00 for a gallon of
gas, my rent was less that $250 per month, an average new car cost less than
$10,000.00, and groceries were much cheaper. Minimum wage has doubled since,
gas prices have gone up 4X, rent has increased 3X to 4X, the average car has
gone up in price 3X to 4X, and groceries by the same. Does inflation drive the
minimum wage or does the minimum wage drive inflation. Since inflation has
increased percentage wise at a greater rate than the minimum wage, I tend to
believe that minimum wage pushes inflation ahead of it. When people think they
have more money to spend, they spend it. Might the market be trusted as a
better reflection of the worth of labor than the arbitration of the government.
Reality tells me that when it costs more to make something, it costs more at the
check-out line. I am certainly glad that I no longer have to rely upon the
minimum wage laws to tell me how much I am worth in the marketplace.
The solution is fairly simple.Just ENFORCE immigration law. Wages
will rise naturally, plus we will lower our unemployment rate.Beware
of politicians on BOTH sides of the aisle who talk "out of both sides of
their mouth" we CAN'T have both higher wages, lower unemployment,
while there are 30 million people working here (in the USA)who will work at
substandard wages. It just won't work.
It's worth noting that neither Romney nor Santorum seem to oppose of the
principle expressed by the speaker of the house; they've said clearly that
it's a matter of reaching people. On its own that's not necessarily a
bad thing... But the 80%-whatever people who oppose a minimum wage increase
represent the 80%-whatever people who haven't studied economics, and who
don't stand to lose their job if they do make the increase.Beyond that, even Br. Romney isn't perfect.
Raising the minimum wage raises inflation which raises prices so it's
really a useless argument. Move on.
Raising the minimum wage will kill some jobs. Another tool that ought to be
under more consideration is the negative income tax.
Look what we've come to - sarcasm at Mitt's expense. Pretty sad, all
With Republicans pushing ideas like this, I can no longer think of any reason to
vote for Republicans. If I wanted to impose increased minimum wages and other
economically ruinous schemes, then I might as well go with a Democrat "evil
party" ideas, instead of the half-hearted Republican imitations which have
earned them the name as the "stupid party."I will only vote
for conservative candidates, and contribute to their campaigns directly. Not
another dime for the Republican "party" at any level.And, if
conservative ideas lose, and increased minimum wage gets passed, then it will
just ruin the economy and destroy more jobs, as we hurtle downward into national
bankruptcy. I pity the children who will grow up saddled with the
consequences of the poor decisions being made by politicians (of both parties!)
today. Their "increased minimum wage" will be swallowed by inflation,
if they are even able to get a job at all.
%samhill..... pretty sure no one said anything about not working at all.... but
mice head long dive into stereotypes that those that work for minimum wage are
just jealous of you and don't want to work at all....Of course
the fact that they get up every day, and do jobs that no one else wants to do,
for a wage that most others wouldn't want to work for, just so that they
can have something to put on the table, and a roof over their head.... I see why
that is a grand reason to mock these people. Most people are a
only handful of no paycheck months from being in the same position that these
people are. Industries move. Businesses close. Financial conditions change.
To mock the poor....
Instead of raising the minimum wage we should give government jobs to the less
fortunate for job training. Then they can make enough money to be self
If we want to eliminate poverty, do two things: First, pursue public policy that
strengthens the traditional family. Study after study has shown that intact,
biological families lead directly to lower rates of poverty. Second, go ahead
and raise the minimum wage, but index it to age and marital status. Unmarried
teens stay at the current rate. Older persons make more, because they are more
likely to be out of the nest. Married persons make even more, because they
would likely have more mouths to feed. Plus, we would be rewarding the very
behaviour that will ultimately lift the person and their children out of
So either raising the min wage won't hurt as much as the GOP has tried to
make it sound or Mitt Romney doesn't understand the economy.Which is it repubs?Time to decide and stop sitting on the fence?
Is Bro Romney right or wrong?
I like the idea espouse by "I Choose Freedom", to set the minimum wage
high enough to eliminate poverty completely. However, I think the wage amount
chosen is much too low. I think a minimum wage of $1,000,000/hr. would be great
since that would allow people to not only escape poverty but also, in a very
short amount of time and work, earn enough to simply retire. WooHOo!!Why eliminate only poverty. Let's eliminate the need to work at all!!Now **that's** progress!!
It should be increased to $30 per hour so that we can eliminate poverty at the
same time. We should also establish a minimum grade in our schools. If we made a
"B" the lowest grade possible then a lot more people would qualify to
get into college. And since we need more engineers and scientists, let's
make the minimum grade in those really hard classes an "A" so that they
can qualify to get into MIT, Georgia Tech, Stanford, etc. Just think about it,
we can solve a lot of the world's problems by just mandating a minimum
acceptable level. We could even mandate that the Ute's have a minimum six
wins each year. Then they may be able to qualify for a bowl game again.