WorthyNewsBot Posted February 6, 2014 Group: Bots Followers: 3 Topic Count: 39,879 Topics Per Day: 6.42 Content Count: 44,690 Content Per Day: 7.19 Reputation: 987 Days Won: 2 Joined: 06/06/2007 Status: Offline Share Posted February 6, 2014 A new study by the American Action Forum found that just 1.6 percent of American workers make at or below the federal minimum wage and argues raising the rate would do little to help the working poor.View the full article Link to comment Share on other sites More sharing options...
Marnie Posted February 6, 2014 Group: Royal Member Followers: 1 Topic Count: 811 Topics Per Day: 0.12 Content Count: 7,338 Content Per Day: 1.08 Reputation: 76 Days Won: 2 Joined: 10/06/2005 Status: Offline Share Posted February 6, 2014 Yes, but facts won't disway the progressives. DC and Maryland are like petrie dishes for the "let's raise the minimum wage and see how many businesses we can drive away" experiment. Link to comment Share on other sites More sharing options...
nebula Posted February 6, 2014 Group: Royal Member Followers: 10 Topic Count: 5,823 Topics Per Day: 0.75 Content Count: 45,870 Content Per Day: 5.92 Reputation: 1,897 Days Won: 83 Joined: 03/22/2003 Status: Offline Birthday: 11/19/1970 Share Posted February 6, 2014 O'Malley's already driven many businesses away with all the new taxes. (That is, the governor of MD.) Link to comment Share on other sites More sharing options...
other one Posted February 6, 2014 Group: Worthy Ministers Followers: 30 Topic Count: 600 Topics Per Day: 0.08 Content Count: 56,388 Content Per Day: 7.55 Reputation: 28,136 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted February 6, 2014 well if that truly is the case then how can raising the minimum wage destroy the economy. Doubling the cost of fuel didn't kill us and this won't either.... just make burgers a little higher. Link to comment Share on other sites More sharing options...
other one Posted February 6, 2014 Group: Worthy Ministers Followers: 30 Topic Count: 600 Topics Per Day: 0.08 Content Count: 56,388 Content Per Day: 7.55 Reputation: 28,136 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted February 6, 2014 O'Malley's already driven many businesses away with all the new taxes. (That is, the governor of MD.) New Taxes would be a different load on the economy... Maybe a little higher wage would put people above the unearned income credit and cut down the crazy tax returns for those who don't pay tax.... maybe it'll be worth going to work and making more than unemployment..... maybe at this point it really just doesn't matter... if the ship's going down what does it matter what we pay the guy shoveling coal... Link to comment Share on other sites More sharing options...
Guest shiloh357 Posted February 6, 2014 Share Posted February 6, 2014 well if that truly is the case then how can raising the minimum wage destroy the economy. Doubling the cost of fuel didn't kill us and this won't either.... just make burgers a little higher. That is not an adequate comparison. Raising minimum wage the way the government suggests is destructive. If you are a company that pays minimum wage and you have a fragile profit margin, raising the minimum wage is devestating. When you raise the wage, that money has got to come from somewhere. It doesn't just fall out of the sky. That extra money that has to be paid per hour will come from raising prices and lowering the number of hours a person can work. If you are an employer that has both minimum wage earners and those whose wage per hour is higher than minimum, it means that you have raise their wages as well in order to keep the pay scale consistent. That means you may need to fire someone, or lower the numbe of hours per employee and raise prices in order to maintain an equilibrium between profit and costs. That means lower buying power for everyone. Link to comment Share on other sites More sharing options...
other one Posted February 7, 2014 Group: Worthy Ministers Followers: 30 Topic Count: 600 Topics Per Day: 0.08 Content Count: 56,388 Content Per Day: 7.55 Reputation: 28,136 Days Won: 271 Joined: 12/29/2003 Status: Offline Share Posted February 7, 2014 Shiloh, anything the government tries to do is destructive in your opinion..... I'm not a liberal, but I' not crazy either. You can't trust people or corporations any more than you can trust the government...... most all of them are evil. We do have to have some control over things.... Do you really think that raising the minimum wage will have more effect than more than doubling the cost of deisel fuel over the past few years. When we bought our RV six years ago fuel was $1.50 a gallon...... last month in three places I paid more than $3.80 a gallon. A complete fill up went from 150 dollars to nearly 400... Trucks have that same cost and just about everything that we have is moved around long distances by truckers and/or trains.... everything you buy has been affected by that cost increase...... and that's on everything, not just 1.6% of the workers. Give you an idea, when we went to Yellowstone six years ago the fuel bill was about $750 for the round trip..... Last year when we went that same trip cost $2,155 in fuel costs. There are literally thousands upon thousands of trucks on the road that drive that mileage every week and get about the same fuel efficiency.... and you and I and all the rest of us pay that extra cost in every single thing we buy.. not just 1.6% of people at the lower end of things. We are still here and if the Senate would stop spending money we don't have, the country would do just fine. So if we could adjust to that without the whole system crashing, I think raising 1.6% of the workforce three bucks an hour is very unlikely to kill us all either. Link to comment Share on other sites More sharing options...
homebild Posted February 9, 2014 Group: Advanced Member Followers: 0 Topic Count: 11 Topics Per Day: 0.00 Content Count: 218 Content Per Day: 0.03 Reputation: 4 Days Won: 0 Joined: 09/26/2003 Status: Offline Share Posted February 9, 2014 So if less than 2% of the US workforce makes less than Federal Minimum wage, then how can raising Federal minimum wage harm the economy? Short answer: It CANNOT! So WHAT ARGUMENT then can be made AGAINST helping these few get out of POVERTY? Link to comment Share on other sites More sharing options...
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