It's all just socdems going "the optimal minimum wage would be 15.765 dollars, any more would hurt the workers", as if they actually calculated it and didn't just pull the number out of their ass. Everyone is accusing each other of not understanding "basic economics". Half the people seem to have absolutely no reading comprehension.
Please just go back to cancelling each other for dating someone who is shorter than them.
Everyone is accusing each other of not understanding “basic economics”
as Richard Wolff says, economics is a fake science designed to turn off critical thinking and follow bourgeois orthodoxy.
if someone is against 25 dollars min wage they are either a lib or a larper
Its so they can lose every chamber of government and let republicans shut it down
I mean the law passing this year that increases the wage each year until 2025 could only be stopped by another law. Which is the case for anything
Every minimum wage increase proposal takes place over years. In 2019 Sander's $15 min wage bill was till 2025.
that way inflation makes it so the wage increase isn't an actual increase in purchasing power.
Wait; why would it hurt workers? Are they acting like wages and prices are a two input seasaw? Lmao
Wage and Price are my nephews and they're sitting on a big seesaw
Apologia is a flat pasta and boss are the finest sauce tomatoes :AyyyyyOC-big:
you see if people were to get a raise the minimum wage people would just fire them for robots even though they do this already while paying them nothing still
Point out to them that workers at McDonalds in Denmark make like $22 an hour and a Big Mac doesn't cost a fortune there.
A lot of these big brains took one or two macroecon courses in undergrad, possibly taught by someone who's chair was funded by the Koch brothers, and now they're geniuses in "basic economics".
I tried to find an online course that goes over the basics of macroeconomics one time cuz some of that shit is confusing af but fuck me it was impossible to find anything that wasn't tryna instantly convert me to a free market worshipper.
They couldn't even just give me the definitions of things without trying to sell me on how it's the perfect system.
Yes, but sadly you will likely have to date someone who is canceled.
cancelling each other for dating someone who is shorter than them
lol wut
$50 an hour minimum wage. If it actually ends up hurting workers more than small business owners i will take all of the blame.
Do not, my friends, become addicted to the podcasts. It will take hold of you, and you will resent its absence!
sweety if we gave the peasants more scraps your average CEO will only have $99,000,000,000 instead of $100,000,000,000
My bet is that many of the socdems who are still advocating for a minimum wage around $15 are likely relying on Arindrajit Dube's recent literature review on minimum wage effects which suggests that minimum wages generally do not have harmful employment effects if they're below 60% of the median wage:
In the US, a large body of high-quality research has investigated the impact of minimum wages on employment. Overall, this body of evidence points to a relatively modest overall impact on low wage employment to date. Recent work helped identify how this impact may vary by the level of the minimum wage. Across US states, the best evidence suggests that the employment effects are small up to around 59% of the median wage.
Economist Dean Baker makes the case that the minimum wage would be over $24 an hour today if it had kept pace with productivity growth since 1968.
Companies should be forced to pay workers their wages in GME stock at a minimum of one stonk per hour
We could raise the minimum wage to fucking fifty dollars an hour, have the government print money to cover everyone's payroll for two months, then gradually reduce the payroll grants until things level out.
Only for "Small businesses" of course, Amazon would just have to deal.
