Why shouldn't the minimum wage be increased to $15? Why shouldn't the minimum wage be a living wage?

Have you had a fast food job?

Why not just raise it to $500/hr? We'll all be rich!

But indexing doesn't make sense.

The amount of money in the economy goes up, but that doesn't necessarily mean businesses get more money as a result.

If you wanted to index wages you'd have to have some form of business welfare

That's literally more corporate welfare than it is "real" welfare though.

Well, the alternative is inflation slowly eliminating the minimum wage entirely as successive congresses refuse to adjust for higher cost of living.

Unless we get into stagflation again, it seems wise to adjust for cost of living.

Politics belong on /pol/
sage

>it seems wise to adjust for cost of living.

It seems wise to make businesses close?

When inflation goes up, that means more money is being printed. Businesses CAN adjust for cost of living but it needs to happen naturally

If you just want to index it like a fucking retard and hold a gun to businesses heads and make them increase wages by 2% or whatever inflation is every year you'd better give them a money printer as well

muh inflation

Really that's the main argument I've seen. My concern with it is that it doesn't solve the underlying problem of too much income inequality. I think it would be better to reform how American corporations are structured and put a pay cap on executives, or have it so their pay cannot be more than X times the average/lowest employee wage. But of course corporations would probably just find some loophole and/or relocate to another country.

Economics is a humanities

>If you give the poor more disposable income, they will spend it on goods and services and it will actually make the economy stronger. Prove me wrong

If People have more money to spend on said goods, why don't producers raise prices? You're forgetting that prices are a reflection of how much spending power the population has.

more broken window fallacy bullshit

L A B O R V O U C H E R S

>raise minimum wage to $15/hr
>it becomes cheaper to replace cashiers and burger-flippers with machines
>the poor go from making $8/hr to fucking nothing
>they all die in misery
Great job, OP! You're a true champion of the working class!

Except it's already cheaper to replace cashiers with machines, but not everyone wants or needs machines.

Yes but that means increased inflation which means less purchasing power and therefore money becoming worthless and negating the need to increase the minimum wage.

>it becomes cheaper to replace cashiers and burger-flippers with machines
>Implying they're not gonna do that anyway

How about just don't let businesses import 3rd worlders to do entry level jobs. Lower worker pool = higher wages

>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases
>retards ask for increase in minimum wage because they can't afford to live
>increase minimum wage
>suddenly cost of living also increases

>increase the minimum wage
>cost of goods and services go up
So einfach ist das.

>tfw you support increasing the minimum wage in order to rapidly increase the process of automation

hehe

The minimum wage has never been more than $9 in real purchasing power even at the zenith of the American economy.
$15 is simply too much either way, most companies couldn't afford to pay that without raising costs due to the ever increasing demands of shareholders.

You gotta change the system before you change the game, otherwise increasing the minimum wage just leads to layoffs.

Do you really think your job at McDonalds is worth $15/hr?

Answer the question

>retards don't ask for increase in minimum wage because they are scared of losing what little work they have
>minimum wage remains the same
>suddenly cost of living also increases
>Gop cuts taxes for the rich yet again
>retards don't ask for increase in minimum wage because they are scared of losing what little work they have
>minimum wage remains the same
>suddenly cost of living also increases
>Gop cuts taxes for the rich yet again

>retards don't ask for increase in minimum wage because they are scared of losing what little work they have
>minimum wage remains the same
>suddenly cost of living also increases
>Gop cuts taxes for the rich yet again
>retards don't ask for increase in minimum wage because they are scared of losing what little work they have
>minimum wage remains the same
>suddenly cost of living also increases
>Gop cuts taxes for the rich yet again

idk go to Veeky Forums or something if you want at least a pseudo-economical debate.

Veeky Forums is 50% guys from /pol/ and 50% socialist hipsters with soul patches. No real arguments happen here concerning left vs right issues.

>If you give the poor more disposable income, they will spend it on goods and services and it will actually make the economy stronger. Prove me wrong

This is true, but that money belongs to someone else, which is money that also would be spent on goods and services in the economy.

>>Gop cuts taxes for the rich yet again

back to with that stale talking point

Is there any hard proof that higher wages directly and inevitably lead to inflation? Or is it just that everyone assumes that higher wages lead to inflation, so businesses use the assumption as an excuse to raise prices and make more profit without suffering any kind of blowback?

I used to be a dishwasher part time for 6 hours. Simple backbreaking work which you need to multitask and think clearly. However, it's definitely not worth $15/hr.

People always think their work is the hardest and they deserve more but everyone thinks that. Basically your argument is all about feelings, and that's not really an argument to begin with.

Not him but how is that a "talking point" when it keeps happening? Reagan did it, Bush did it, Obama made Bush's permanent, and now Trump openly plans to do it.

>backbreaking work

Yep. All that money goes straight back into the good ol' American economy, and not into an offshore bank account in Panama or anything. No-sirree bob!

*6 months

It isn't? Did you actually wash dishes at a restaurant before?

How are you determining the value of work?

the reason the economy crashed was because of the housing crisis
the housing crisis happened because of bank deregulation

guess who signed all of the bank deregulation?

bill clinton

acting like it's le ebul republicans and democrats dindu nuffin is idiocy

that seems to contradict your entire point

its not that the minimum wage is the problem

The biggest underlying problem is the cost of living is disastrously rising beyond more what most ordinary people could afford

I definitely wouldn't call dishwashing back breaking. Land scaping is back breaking. Being the unskilled labor nigger on a construction site is back breaking. But not dishwashing. Unless you spent the entirety of your life in a diabetic coma and all your muscles are atrophied.

Why is cost of living increasing? And I don't want to trigger the Veeky Forums hivemind, but why does cost of living always increase drastically under liberal policies?

California and Canada are total leftist shitholes and their cost of living is sky high.

Right wing states like Texas are cheap as fuck. What is the left doing wrong?

Because of basic economics.

The real minimum wage is zero.

Clearly you don't know either. So stop asking for $15/hr for your hours at Mcdonalds.

not him but dishwasing really hurts your back

i'd actually rather landscape than dishwash because with landscaping you move around more and activate different muscles so it doesnt take as big of a toll on your body

Supply and demand, no person under the age of 35 wants to live in a red state Christian theocracy shit hole

basic economics :^)

stop pretending this is the year of our lord 1890

the words have the same meaning to anyone outside of the biggest leftist circlejerks

Oh is that why all of the liberals are moving from Cali to Texas

made me think

>he hasn't spent seven hours hunched over a cold sink, repetitively scrubbing an endless supply of crusty dishes
You don't need to be hauling logs and butchering cattle to fuck your back up.

>guessing about something you never did before

You get to talk about dishwashing, landscaping, and unskilled labor once you do them yourself.

No, I'm sympathizing with that McDonalds idiot by saying all work is hard, but some work is simply valued less for many reasons. I did not contradict myself.

You're allowed to criticize them both, you know. The leadership of both parties have generally pushed for deregulation of the banking sector, it's just that the GOP does it openly and the Democrats pretend that they're doing it in the name of compromise.

Also you seem to be completely ignoring how the government works, Congress was GOP-controlled during that era. Ol' Bill was simply compromising to the right. He shouldn't have done it, but it wasn't out of nowhere.

See en.wikipedia.org/wiki/Triangulation_(politics)

...

Yeah, and an offshore bank account uses the money to invest, which is how they make money themselves, or else no banking industry would exist you economically illiterate moron.

This isn't related to this board.

>offshore banks making a tidy profit is supposed to be meaningful to the guy making $17k a year at Walmart who hasn't eaten anything other than rice and beans since the Clinton administration

is this the power of libertarian intellectuals

>normiebook.com/statismisacult

*tips*

But don't you see? Someday they'll invest in a business that may be situated in America, and then a significant portion of that money will come right back to your pockets! Assuming it's a business that caters to the middle-class and below, of course!

Stop moving the goalposts you fucking sperg.

Take the Oregon method and peg the wage to the average cost of goods instead.

see and for why indexing is a bad solution

>Hey guys I have a revolutionary new idea! Let's give everyone FREE food?
>Work incentive, what's that?

#basicincomewhen

Why should burger flippers make equal to or more than college graduates?

Why should college graduates be forced to flip burgers?

Because they weren't smart when choosing college degrees? Maybe they didn't put in the effort at internships?

I mean, why should anyone ever be /forced/ to flip burgers?

Why not remove the race to the bottom, and discover the true cost of labor?

If you had a trust fund worth a thousand dollars a week, how much would you want to spend an hour flipping burgers?

If they have no discernible skills outside of their unemployable degree, what are they supposed to do? Work at some no skill minimum wage job.

Minimum wage jobs are not intended to be a main source of income for someone. They're for fucking teenagers and illegal immigrants.

>letting illegals work over the country and depress wages

SHIG

How about you stand in one place for 8 hours doing nothing but lift heavy ass pots and dishes while the washing machine sprays scalding water in your face