Your Tax Dollars Are Subsidizing Low Wages?!!

S

signalmankenneth

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http://nhlabornews.com/2013/10/your-tax-dollars-are-subsidizing-low-wages/?fb_source=pubv1

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Hold the pickles, hold the lettuce, wage increases will upset us?!!
 
If I told you how to lift millions of working families out of poverty AND reduce the government’s obligations for programs like welfare and food stamps, would you support that? The answer is simply to raise the minimum wage.
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All you'd do is raise the poverty level.
 
http://www.epi.org/publication/mwig_fact_sheet/


There is no evidence of job loss from previous minimum wage increases.

• A 1998 EPI study failed to find any systematic, significant job loss associated with the 1996-97 minimum wage increase (Bernstein and Schmitt 1998). In fact, following the most recent increase in the minimum wage in 1996-97, the low-wage labor market performed better than it had in decades (e.g., lower unemployment rates, increased average hourly wages, increased family income, decreased poverty rates).

• Studies of the 1990-91 federal minimum wage increase, as well as studies by David Card and Alan Krueger of several state minimum wage increases, also found no measurable negative impact on employment.

• New economic models that look specifically at low-wage labor markets help explain why there is little evidence of job loss associated with minimum wage increases. These models recognize that employers may be able to absorb some of the costs of a wage increase through higher productivity, lower recruiting and training costs, decreased absenteeism, and increased worker morale.

• A recent Fiscal Policy Institute (FPI) study of state minimum wages found no evidence of negative employment effects on small businesses.

Minimum wage increases stimulate the economy through increased consumer spending.

• A study by the Chicago Federal Reserve found that households with minimum wage workers increase their spending when the minimum wage goes up.

• EPI estimates that the increase to $7.25 will, over the course of the following 12 months, boost consumer spending by over $5.5 billion.
 
http://www.cnn.com/2011/09/16/opinion/saltsman-minimum-wage/index.html'

And Im not talking about jobs, you twit. Stop reading your liberal guidebook for just one second. Lets talk about some basic supply/demand.

The U.S. Census Bureau reported this week that more Americans are living in poverty than ever before measured -- 46.2 million people.

This news was followed by a predictable response from advocacy groups like the National Employment Law Project which suggested that an increase in the minimum wage could help lift Americans out of poverty. And not only that; in a CNN.com op-ed, a policy analyst with the group said that an increase in the minimum wage could boost the economy and create 160,000 jobs.

These claims may pass muster as applause lines at a political rally, but they can't pass the test of rigorous empirical research.

The intuitive thinking on raising the minimum wage is straightforward: Raising the lowest wage that employers can pay will boost the paychecks of the lowest-paid workers and help pull them out of poverty. This line of logic persuaded 28 states to raise their minimum wage above the federal level between 2003 and 2007.


But research published last year in the Southern Economic Journal, a study funded in part by the Employment Policies Institute, found no evidence that these state minimum wage increases reduced poverty rates. The authors, from Cornell and American universities, suggested that some wage gains were flowing to higher-income families rather than the intended beneficiaries.

There's an even more important effect to account for: a decrease in employers' demand for the less-skilled and less-experienced. Those employees who receive a minimum wage increase may be better off, but those who lose their job because they're now more expensive to employ are most certainly worse off.
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evince said:
http://www.epi.org/publication/mwig_fact_sheet/


There is no evidence of job loss from previous minimum wage increases.

• A 1998 EPI study failed to find any systematic, significant job loss associated with the 1996-97 minimum wage increase (Bernstein and Schmitt 1998). In fact, following the most recent increase in the minimum wage in 1996-97, the low-wage labor market performed better than it had in decades (e.g., lower unemployment rates, increased average hourly wages, increased family income, decreased poverty rates).

• Studies of the 1990-91 federal minimum wage increase, as well as studies by David Card and Alan Krueger of several state minimum wage increases, also found no measurable negative impact on employment.

• New economic models that look specifically at low-wage labor markets help explain why there is little evidence of job loss associated with minimum wage increases. These models recognize that employers may be able to absorb some of the costs of a wage increase through higher productivity, lower recruiting and training costs, decreased absenteeism, and increased worker morale.

• A recent Fiscal Policy Institute (FPI) study of state minimum wages found no evidence of negative employment effects on small businesses.

Minimum wage increases stimulate the economy through increased consumer spending.

• A study by the Chicago Federal Reserve found that households with minimum wage workers increase their spending when the minimum wage goes up.

• EPI estimates that the increase to $7.25 will, over the course of the following 12 months, boost consumer spending by over $5.5 billion.
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read the info
 
Higher labor costs could result in hours being cut by employers, couldn't they?

Add the costs imposed by implementing Obamacare and you have a perfect storm of fewer jobs and higher prices.
 
Big money said:
Higher labor costs could result in hours being cut by employers, couldn't they?

Add the costs imposed by implementing Obamacare and you have a perfect storm of fewer jobs and higher prices.
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I hope you're not assuming that isn't precisely what Obama wants?
 
Or Or Or Or....people could just be paid what unskilled labor is worth, start there, develop skills and experience and move on...leaving those jobs for other people starting out, people that need a second job, the elderly supporting fixed incomes, etc.

Crazy, I know.

(Because we all know that those people who improve themselves and grow actual careers just suffer more....)
 
Lorca said:
Or Or Or Or....people could just be paid what unskilled labor is worth, start there, develop skills and experience and move on...leaving those jobs for other people starting out, people that need a second job, the elderly supporting fixed incomes, etc.

Crazy, I know.

(Because we all know that those people who improve themselves and grow actual careers just suffer more....)
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It's enlightened posts like this that make question your Democrat credentials. How can someone with intelligence actually vote for dimwits like Obama?
 
Just a bunch of brain dead Americans screaming at each other and blaming the other for the fact that your fucked up country has the second highest income inequality in the world.

Competing with Mexico for the worse and heading toward your ordinary people's lifestyle and wellbeing is equivalent to Mexico's.
 
Lorca said:
You need to take alot better look at what's running against him.
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Perhaps it is YOU who needs a better look. I did look, and I saw a competent successful politician and businessman with a long record of success and experience who also had a very stable and happy family life.

Then I looked at the opposition which had an inexperienced, inept, hyper partisan buffoon from a broken family who is a prolific liar, engaged in clueless BLOVIATING about things he cannot begin to comprehend and with ZERO experience which he ADMITTED in public AND who selected one of the DUMBEST men in Congress who IMPUGNED his lack of experience during a campaign as his VEEP.

Now even the most brain dead dullard can see that is a recipe for impending disaster. Yet you think Romney was the problem?

Lady, you need to remove your head from Obama's rectum and get some air into that tiny myopic and uninformed head of yours.

Sorry, there is no gentle way to describe pure unadulterated ignorance.

Here’s the video; from the ignoramuses own mouths:

Obama on himself, one of the few times he did not lie:


From his dimwit VP:


Now you can pretend that all this never happened and refuse to acknowledge that Democrats are completely uninterested in the truth, honesty or substance and merely in political power; but that would be painfully stupid given the mountain of evidence to the contrary.
 
Why did Americans elect Obama twice if he was so bad? Are the majority of Americans stupid or something?

Or did Obama cheat?

Ask a teabagger maybe?
 
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