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Thread: How High Would You Make the Minimum Wage?

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    How High Would You Make the Minimum Wage?

    Why $15 is the basic question, why not $100, why not more?




    UC Berkeley Touts $15 Minimum Wage Law, Then Fires Hundreds Of Workers After It Passes

    Labor Markets: Hundreds of employees at the University of California at Berkeley are getting schooled in basic economics, as the $15 minimum wage just cost them their jobs. Too bad liberal elites “fighting for $15” don’t get it.

    ...But why is anyone surprised about jobs cuts following a wage hike? It’s one of the most basic laws of economics. Any high school kid taking Econ 101 can explain it: If you raise the price of something, demand goes down.

    ...What’s surprising, then, is that unions, liberals and others pushing the minimum wage hike have managed to convince the public that this law somehow doesn’t apply to the labor market, and so succeeded in getting $15 laws in California, New York and Seattle. You can bet that either Bernie Sanders or Hillary Clinton will push $15 at the national level if either is elected.

    Berkeley employees whose jobs are on the chopping block might want to educate these leaders about the perils of this idea.
    Tradition is not the worship of ashes, but the preservation of fire. ― Gustav Mahler

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    Subdermal (04-23-2016),zelmo1234 (04-23-2016)

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    Labor Markets: Hundreds of employees at the University of California at Berkeley are getting schooled in basic economics, as the $15 minimum wage just cost them their jobs. Too bad liberal elites “fighting for $15” don’t get it.

    ΜOΛΩΝ ΛΑΒΕ


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    Subdermal's Avatar Senior Member
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    Hahaha that's hilarious!

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    I would eliminate all legislation that references a minimum wage save the one that says no government shall set one for private employers.

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    I seriously doubt the University of Berkeley liberal elites get it. Raise min wage, run into a $109 million deficit, what are you going to cut, the Departments of Indignation Studies (Michael Munger) or the low hanging fruit of min wage employees?
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    AZ Jim's Avatar Senior Member
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    I am older than the Grand Canyon so it's obvious I have watched the minimum wage rise in my lifetime. I never worked for minimum wage but when I first went to work on a "Real" job it was $1 per hour. I got $1.55 on a hard heavy job. Times change, inflation gobbles up how far your money goes. I believe no one should be content to work for minimum wages but let's face it with the number of kids out there who drop out of school, some not even able to spell, it seems some must. I believe the $12 with graduated raises over a few years is adequate. Message, stay in school and if possible get in a good trade school or junior college at least.
    Suppose you were an idiot. And suppose you were a member of Congress. But I digress....

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    Quote Originally Posted by AZ Jim View Post
    I am older than the Grand Canyon so it's obvious I have watched the minimum wage rise in my lifetime. I never worked for minimum wage but when I first went to work on a "Real" job it was $1 per hour. I got $1.55 on a hard heavy job. Times change, inflation gobbles up how far your money goes. I believe no one should be content to work for minimum wages but let's face it with the number of kids out there who drop out of school, some not even able to spell, it seems some must. I believe the $12 with graduated raises over a few years is adequate. Message, stay in school and if possible get in a good trade school or junior college at least.
    So in a way the demand for higher wages is brought about by inflation. Now if we could just figure out what's causing that inflation....
    Last edited by Chris; 04-23-2016 at 04:29 PM.
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    I would leave it where it is, other than for workers under the age of 21. I would lower it to 5 dollars an hour for them.

    The market will set the wages much better than the government.

    As for the workers that lost their jobs. I find it funny as hell!

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