Reply to $25 min wage in DC

Forum Index » Metropolitan DC Local Politics

Reply to "$25 min wage in DC"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Sound economic policy, which this is not, is simply beyond the grasp of the average or below average person. [/quote]

Why don’t you explain it to us sweetheart? [/quote]

This will just drive prices up for everyone. If people at the very bottom now make a minimum of $25, then everyone else's wages will go up accordingly because everyone will say what about me. If everyone suddenly has a lot more money to spend, then prices for everything will also go up accordingly. A pint of beer will cost $25 and the dishwasher making $25 an hour will not be any better off. [/quote]

Just as I suspected, a bunch of BS completely made up by you. Got forbid people on the bottom make a living wage. Have to keep those suppressed so you can have cheap beer. [/quote]

Sweetie, this is how inflation works. [/quote]

It's really not. you have no idea what you're talking about. Raising minimum wage puts more money in people's pockets, which they pump into the economy. [/quote]

Raising minimum wage puts more people out of a job. The number of jobs isn’t fixed. Only jobs that produce $25 of value per hour will exist after the transition and any laborer who’s labor does not produce value at that rate will be left out[/quote]

No, it gives people enough money so I don't have to subsidize them with my taxes. There is a reason so many people working these jobs rely on SNAP and medicaid to get though life. It's people like you who don't want to raise the min wage OR give them benefits that are the problem. [/quote]

Where do you think the money comes from? It comes from a business owner who makes the evaluation: can I take the labor produced by person X and sell the output for enough to pay person X and make a profit. If the answer is no, then the business owner doesn’t fill the position. Except for government jobs program jobs, that’s how the economy works. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics