tag:blogger.com,1999:blog-3856837.post2718508880468278265..comments2023-10-24T09:06:30.200-04:00Comments on No More Mister Nice Blog: Steve M.http://www.blogger.com/profile/11963290427258439242noreply@blogger.comBlogger7125tag:blogger.com,1999:blog-3856837.post-72343232373769779132014-02-20T00:44:15.858-05:002014-02-20T00:44:15.858-05:00We're talking an $8.00 a day difference there ...We're talking an $8.00 a day difference there -- about S2,000 a year. You wouldn't hire someone on unless that employee was going to make you a lot more than that in extra business potential and therefore more revenue.<br /><br />So that extra dollar an hour might take a tiny slice out of your profits, but you'd be helping the economy. Which would, if you are a good businessperson, benefit you in the long run. <br /><br />What happened to vision?mervishttps://www.blogger.com/profile/06221344073971499008noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-22587488849293218752014-02-19T13:33:20.408-05:002014-02-19T13:33:20.408-05:00I should not have doubted Uncle Mike, but I had to...I should not have doubted Uncle Mike, but I had to check.<br /><br /><i>(2) BACHMANN CLAIMED ABOLISHING THE MINIMUM WAGE WOULD CREATE JOBS: While testifying in front of the Minnesota Senate in 2005, Bachmann said, “Literally, if we took away the minimum wage — if conceivably it was gone — we could potentially virtually wipe out unemployment completely because we would be able to offer jobs at whatever level.” This isn’t remotely true. Even simply reducing the minimum wage would, as Paul Krugman noted, “at best do nothing for employment; more likely it would actually be contractionary.”</i><br /><br />The Republican belief that people should work for the sake of working is one of the many traits that endears them to the general public.Juleshttps://www.blogger.com/profile/17390791792685104671noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-85999065372752188942014-02-19T12:13:06.372-05:002014-02-19T12:13:06.372-05:00Without a doubt, slavery held labor costs down.
E...Without a doubt, slavery held labor costs down.<br /><br />Else what would be the point?Philo Vaihingerhttps://www.blogger.com/profile/17150326435392881297noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-19870914369313073282014-02-19T12:00:45.307-05:002014-02-19T12:00:45.307-05:00Julia, I think Michele Bachman actually suggested ...Julia, I think Michele Bachman actually suggested that a while ago. Her reasoning was that, if we abolished minimum wage, we could get unemployment to 0%, because every business could hire tons of people (even if some of them would be making teeny tiny amounts).Uncle Mikehttps://www.blogger.com/profile/02516627527973534295noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-19165941139366857582014-02-19T11:53:51.160-05:002014-02-19T11:53:51.160-05:00I wonder how long it will take some right wing gen...I wonder how long it will take some right wing genius to argue that based on the CBO's findings, we should drop or eliminate the minimum wage because that will create more jobs. <br /><br />If they weren't such hypocritical hacks I'd be shocked they are hostile to the MW. It was originally created to allow one man to support a wife and a couple of pups. You know, family values and all that. Juleshttps://www.blogger.com/profile/17390791792685104671noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-9385165788483182692014-02-19T09:40:08.914-05:002014-02-19T09:40:08.914-05:00I wonder about the validity of the number in the f...I wonder about the validity of the number in the first place, given that the ACA is supposed to "cost jobs" because it allows people to choose to work less. I can well imagine someone holding down two below minimum wage jobs shifting to full time employment at a new, higher, minimum wage job.<br /><br />Its also patently obvious that the "cost" of the new higher minimum doesn't have to come out of labor costs at all but rather out of profits. If you need the productive capacity of worker X at 9 dollars an hour you still need it at 10.00 dollars an hour. If your profit margins are so low that you can't manage to pay your workers a few cents more an hour you are doing capitalism wrong. You might prefer to keep all the moneez to yourself, but its a choice, not a necessity.<br /><br />What we should do is outlaw part time jobs or force employers to register part time workers and pay them time and a half for every hour overtime they actually work. We should move towards encouraging employers, through tax penalties and incentives, to pay full time workers a living wage and stop trying to nickle and dime workers to death.<br /><br />If we had full employment at a living wage a lot of people could stop taking on half time work for little money just to make ends meet. Those jobs wouldn't disappear--they would be filled by other full time workers. Since we have a labor oversupply known as an unemployment problem there is no way that those jobs go unfilled.aimaihttps://www.blogger.com/profile/03956073425680585780noreply@blogger.comtag:blogger.com,1999:blog-3856837.post-47582324892901926322014-02-19T08:52:52.503-05:002014-02-19T08:52:52.503-05:00GOP POV:
Yes, finally, the CBO is 100% right!
Rai...GOP POV:<br />Yes, finally, the CBO is 100% right!<br /><br />Raising the minimum wage will kill jobs.<br /><br />You know, all of those beautiful jobs that our time-tested "Trickle-down Economics" rained down upon the people for the last 30+ years.<br />__________________________<br /><br />Republicans pick and choose which CBO results they "believe" and support, and which ones they'll claim are BS.Victorhttps://www.blogger.com/profile/06609452382111686086noreply@blogger.com