Straight, white, Christian/agnostic/atheist male, with no disabilities. Then discriminate away.
Raising the minimum wage will not double my salary and make it a six figure salary because the minimum wage was doubled.
Sadly no. One of two things will happen. The first is that no one will be hiring those average people because they’re that – average. And since they’re going to be paying people $600, as you said, they don’t want average. They want great. They want as much as they can get for their money. So average guy isn’t hired. The second is that you then say that companies should then be forced to hire a certain number of people and that automating those jobs is now illegal. The price for everything will now skyrocket because those companies need to now get a higher profit to be able to pay their employees.but it would seem that the average person might be able to find shelter and food for that amount of money.
Because that’s how economics works. Money doesn’t grow on trees, it has to come from somewhere. If you’re going to double the minimum wage, then companies then have to figure out how to earn enough money to account for this rise in cost. Which means the workers who milk the cows, make the plastic bottles, make the plastic, recycle the plastic, package the milk, transport the milk, stock the milk on shelves, fix the refrigerators in the grocery store to cool the milk, man the cash registers at the grocery store so customers can purchase the milk, all must now be paid at least $15 an hour. Their incense in salary must now be accounted for. And where does their money come from? From the profits each of their businesses make. So those businesses must all now raise the costs of their products. Not to mention that this now makes things worse for people like me, because as I said, I won’t be getting an increase in salary because the minimum wage was increased. You’ve now increased my cost of living and I don’t have the extra money to deal with it. So now the only people who can really deal with this is the 1% you deride.
And calling what I said malarkey due to its length and not its contents is also not a good argument. But if you want the TL;DR, then it’s this: The money for doubling the minimum wage will come from consumers by making goods more expensive. The middle class will not have a pay raise to deal with this. The only people who would be able to deal with it are the top 1%. Raising the minimum wage will not solve the problem of poverty.
Making a strawman of someone’s argument isn’t good form either. I never said nor argued people should suffer in poverty, nor did anyone here for that matter. I said, both in this post and the last one I made, that raising the minimum wage is not the solution for ending poverty. And it isn’t.
Herein lies much of the problem today. No offense, but its apparent you have never run a business, but then again, nor have many of our elected officials who pass laws on businesses and don’t consider “unintended consequences.”
Who in this thread is arguing for people to suffer in poverty? I would argue that arbitrary minimum wage laws that don’t take into account the role of the worker and the value they add to a company will put MORE people in poverty, by having their positions eliminated.
You provide an interesting hypothetical. The short answer is that not all jobs are suitable for all people and their financial circumstances. A father of ten needs to find a more substantial job than working at a burger shack.
I agree with all this. My comments are not about love of money, they are about the reality of economics, which you seem to want to avoid discussing. Simply quoting Scripture may provide the overarching goals we want to accomplish, or the morality employed in achieving goals, but not the details needed to implement them.
What is wrong is the belief that if one person gets rich it must make another person poor. That’s absurd. If I provide a new product that lots of people want and are willing to purchase, I will make a lot of money, but who have I impoverished? Certainly not the people who bought my product; they willingly purchased it, and just as surely not the people who didn’t buy it since they are completely unaffected by its existence.
No one is saying they shouldn’t be paid, so I don’t see how any of this is relevant.