Originally posted by Kidicious
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One year ago San Jose raised it's minimum wage to $10 per hour.
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“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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Originally posted by Sava View PostYou've exceeded your allotment of views today.Click here if you're having trouble sleeping.
"We confess our little faults to persuade people that we have no large ones." - François de La Rochefoucauld
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Originally posted by pchang View PostTech workers for the most part are not hourly workers. They also make a lot more than the minimum wage. Why would the tech boom mask any ill effects of a modest rise in the minimum wage?I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
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Originally posted by Dinner View PostWell, this thread got jacked."I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003
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There are a lot of people, and most right wing media, who claim all of the stuff in the OP is impossible and that even a slight rise in minimum wage, such that it is still lower than it was in the past adjusted for inflation, would automatically result in run away inflation, massive job loses, part timers all getting fired, etc... When in reality none of that stuff happened. This isn't the only example too because we have lots of states which raised their minimum wages in the last 20 years with similar results.
This is yet another case of economic reality not jiving with the simplied economic theory being spouted by politicians and media personalities.Try http://wordforge.net/index.php for discussion and debate.
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Originally posted by Kidicious View PostBecause the tech boom has a positive effect on the statistics.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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Originally posted by Dinner View PostThere are a lot of people, and most right wing media, who claim all of the stuff in the OP is impossible and that even a slight rise in minimum wage, such that it is still lower than it was in the past adjusted for inflation, would automatically result in run away inflation, massive job loses, part timers all getting fired, etc... When in reality none of that stuff happened. This isn't the only example too because we have lots of states which raised their minimum wages in the last 20 years with similar results.
This is yet another case of economic reality not jiving with the simplied economic theory being spouted by politicians and media personalities.
Whoever rated this thread more than one star isn't helping you learn.I drank beer. I like beer. I still like beer. ... Do you like beer Senator?
- Justice Brett Kavanaugh
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I find it hilarious kid thinks he can teach anyone anything.Try http://wordforge.net/index.php for discussion and debate.
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