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Nova

Registered: 10/16/02
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A simple 2 min video showing why it makes sense to raise the minimum wage
#20990971 - 12/17/14 06:37 PM (9 years, 4 months ago) |
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Instead of relying on billions of our tax dollars to subsidize companies that don't pay a livable wage, wall mart would have to raise their prices 1.4% to cover the costs of paying their employees over the food stamp qualification line (~$13 an hour). The example they use is a .68 box of mac and cheese would have to go up to .69.
How is this not a win-win?
Why do people want to keep our current system of corporate welfare but could give less of a shit about people welfare?
Edited by Nova (12/17/14 06:41 PM)
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
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Loc: Pvt. Pubfag NutSuck
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: Nova]
#20991620 - 12/17/14 08:36 PM (9 years, 4 months ago) |
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Quote:
Nova said: corporate welfare
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blackhawk
Newton's Law of Majesticity



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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: Prisoner#1]
#20991688 - 12/17/14 08:52 PM (9 years, 4 months ago) |
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The owners of walmart wouldn't join a fight unless it was free for all
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JesusIsLord
Jesus freak


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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: blackhawk]
#20991748 - 12/17/14 09:05 PM (9 years, 4 months ago) |
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And I will bring you out from the people, and will gather you out of the countries wherein ye are scattered, with a mighty hand, and with a stretched out arm, and with fury poured out.
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Oggy
Stranger Danger


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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: JesusIsLord]
#20991917 - 12/17/14 09:47 PM (9 years, 4 months ago) |
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Increasing minimum wage will in turn increase the cost of living which will result in the same problem as today and only end up just hurting people who earn higher wages.
In today's world a $10 hourly job will allow you to live well enough to put away some cash at the end of the month, though. Not much but some.
[edit] assuming you're without off spring to bring your world crashing down
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Edited by Oggy (12/17/14 09:51 PM)
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shroom_sensai


Registered: 12/13/10
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: Oggy]
#20991944 - 12/17/14 09:54 PM (9 years, 4 months ago) |
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Oggy welcome to the shroomery! 26 posts! good for you.
Now, tell me again how economics works?
The fact is that people on the lower end of the wage scale are the main consumers in our economy. If they have more money, then corporations will sell more. How is that bad for the economy. The video that OP posted has a very easy to understand breakdown.
Think about this for example. Walmart has more workers on foodstamps than any other American corporation. Your tax dollars pay for these foodstamps. Because these people work at Walmart they get a small reduction in price on items that they buy from their employer. In effect, Walmart underpays them, they collect foodstamps because theyre underpaid, then turn around and spend their food stamps at Walmart because thats where they'll get the most bang for their buck. In effect, Walmart underpays their employees, then collects YOUR TAX DOLLARS back from their underpaid workers.
How is that fair? They are manipulating the system and stealing from all of us, and you think its a great idea to not raise the minimum wage? Youre a real genius there Oggy.
-------------------- My Adventures Cultivating Mescaline Bearing Cacti “Animals are something invented by plants to move seeds around. An extremely yang solution to a peculiar problem which they faced.” – Terence McKenna
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Oggy
Stranger Danger


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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: shroom_sensai]
#20991996 - 12/17/14 10:07 PM (9 years, 4 months ago) |
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I didn't watch the video, but I am not disputing the video either.
When minimum wage is driven up, companies have to pay their employees more obviously. This means their product is no longer as cheap to produce as it used to be. Which would drive the cost of the product up. People who earn minimum wage will be happy for a few years, until their favorite things become too expensive again, at which point they demand higher wages. In the long term it does nothing for inflation.
Personally I would love to see the US government adopt policies that the rest of the world already have, such as better healthcare and education. Those two things by themselves would solve quite a lot of problems. Scandinavian countries are the first to come to my head.
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shroom_sensai


Registered: 12/13/10
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: Oggy]
#20992019 - 12/17/14 10:14 PM (9 years, 4 months ago) |
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or how about what Costa Rica did? disband your military and redirect all military spending to free healthcare and education for all of its citizens. when you consider how much we spend on our gigantic military and intelligence budgets its sickening. just cut it back to the guys that run the nuclear bomb silos and let the rest of the world know we've got our finger on the button. no need to pay a million fucking foot soldiers. or buy multimillion dollar fighter jets. just bring everybody home and keep enough forces to protect the homeland and stop meddling in the rest of the world's affairs.
and sorry about coming on strong in that last post. i was upset with someone in another thread and my anger spilled over.
seriously, welcome to the shroomery.
-------------------- My Adventures Cultivating Mescaline Bearing Cacti “Animals are something invented by plants to move seeds around. An extremely yang solution to a peculiar problem which they faced.” – Terence McKenna
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Prisoner#1
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: shroom_sensai]
#20992047 - 12/17/14 10:21 PM (9 years, 4 months ago) |
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Quote:
shroom_sensai said: In effect, Walmart underpays them, they collect foodstamps because theyre underpaid
they're not under paid, they're paid what they agreed to work for, if they dont like the rate of pay then maybe they should look for a better paying job. I have 3 dependents, my earning are below poverty level but I dont qualify for this government assistance that these walmart employees seem to easily get. maybe it's because I'm the wrong gender, maybe the system is stacked against men, all I know is that I cant get assistance even when I was only earning $5000/year
Quote:
In effect, Walmart underpays their employees, then collects YOUR TAX DOLLARS back from their underpaid workers.
not even close, walmart is selling goods, not collecting tax dollars, the sales tax they collect they remit to the state and then they ave to pay taxes on their earnings
Quote:
How is that fair? They are manipulating the system and stealing from all of us, and you think its a great idea to not raise the minimum wage? Youre a real genius there Oggy.
walmart isnt stealing from anyone or manipulating the system, they pay above minimum wage but that then begs the real question, why do these people work at walmart if they arent being paid what they're worth, did you know that if all the walmart employees walked out they wouldnt have anyone to make sales or stock shelves and in doing so walmart would have to increase their wages in order to attract new help
apparently the geniuses at walmart arent genius enough to consider that they can work elsewhere or that they can effectively shut down walmart and really kill their profits but shutting the stores down. do you understand yet why these people still work for low wages?
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Prisoner#1
Even Dumber ThanAdvertized!


Registered: 01/22/03
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: shroom_sensai]
#20992063 - 12/17/14 10:25 PM (9 years, 4 months ago) |
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Quote:
shroom_sensai said: just bring everybody home and keep enough forces to protect the homeland and stop meddling in the rest of the world's affairs.
you're right
how do you feel about the extermination of entire races of people?
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lowbrow
Paddy Time!!!!


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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: Prisoner#1]
#20992129 - 12/17/14 10:41 PM (9 years, 4 months ago) |
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It needs to be raised, but 13 dollars is counter-productive.
-------------------- Amanita86 said: Sui is trying to mod right now. Kinda like a newborn calf tryin ta stand fer the first time ain’t it..
Edited by lowbrow (12/17/14 10:43 PM)
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shroom_sensai


Registered: 12/13/10
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Re: A simple 2 min video showing why it makes sense to raise the minimum wage [Re: lowbrow]
#20992201 - 12/17/14 10:56 PM (9 years, 4 months ago) |
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seattle raised there minimum wage to $15 an hour and i dont see society crumbling there. people have been using these same arguments against raising the minimum wage for a long time and theyre just as wrong now as they ever were. there have been academic studies on this. id have to go find them though and im really tired of the pub. peace.
Prisoner #1 you did not understand at all what I was trying to convey. and how did you ever make $5000 per year? you must be useless...
how do i feel about the extermination of entire races of people? Im not a fan, but I still dont think sending our soldiers to foreign lands to fight in wars we have no interest in does nothing to strengthen our global position. america never joined WW2 until we were attacked, and i think thats the right policy. and we actually won that war. can you think of a war that we've won since?
-------------------- My Adventures Cultivating Mescaline Bearing Cacti “Animals are something invented by plants to move seeds around. An extremely yang solution to a peculiar problem which they faced.” – Terence McKenna
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