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

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[quote=Anonymous][quote=Anonymous]There is a troll in here who doesn’t believe in minimum wages at all, and likes to use [b]economic jargon[/b] to scare people off.  But here’s the truth. Employees in low wage jobs typically do not have adequate bargaining power or leverage to find better wages, particularly in paces without a ton of economic activity, and that’s why we’ve had minimum wage laws in every developed economy. Stop arguing with a stupid people. We are keeping those laws and the wage will go up, because it has to over time.  It actually has a perverse effect when it is too low—it’s a drag on everyone else making more than the minimum.  It’s a drag on the entire economy. So yes, in an ideal randian utopia, everyone will be able to bargain appropriately for their labor.  That doesn’t exist. Go away troll.[/quote]

LMAO, so you don't understand the technical aspects of something, it is just jargon? Is that how the flat earthers dismiss other people as using "scientific jargon"?

People living in a liberal society have plenty of bargaining power through choices they make. They can choose to look for a job with a different employer, move to a location where their skills are in more demand, or obtain training to increase the value of their labor. The way for people to improve their income is for them to maximize their productivity - the higher pay is the outcome of increased productivity. Just issuing higher pay without increasing productivity will simply lead to inflation - the same good/service now just cost more.

Let me guess, you belong to the party of education and science. 
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