Reply to Help me understand the impact of a $15 minimum wage?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I think anyone who has the same knee-jerk reaction every single time we discuss raising the federal minimum wage should not be taken seriously when they make the same exact tires arguments without backing them up with current research.  It’s not meant to never change. It has to change as the economy changes. We should be debating how much it goes up and what indicators to tie it to, not whether it needs to go up at all. Because it obviously does.  Half of the workforce making under 15 an hour is insane.[/quote]

Frankly, I don't think the govt. should be setting a minimum wage.  
If a person cannot afford to live on a wage offered to him/her, then that person should seek a job elsewhere.  If the businesses offering low wages cannot find workers, they will raise their wages.  
Of course, this depends on NOT having low wage workers flooding our country from south of our border.
You realize that under Trump, wages rose and this was in large part due  to our border enforcement.  Sadly, that has now changed.  [/quote]

Since our economy is dominated by [b]effective monopolies[/b], this does not work.  If they break up the big corporations and strongly enforce anti-monopoly laws, this might work.[/quote]

:lol:  :lol:  :lol:

Who are these monopolies that you speak of and how do they have a monopoly in the hiring of labor near minimum wage levels. [/quote]

Not the Pp, but when the only employer in town is Walmart, it’s an effective monopoly. Which is why we have minimum wage laws to begin with.  We don’t need anti-trust, just floors for what we deem is an acceptable and not unconscionable bargain between an employee and an employer.[/quote]

Show me a town where the only employer there is Walmart. Go ahead, I'm open-minded enough to learn of such a town. [/quote]

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