Economics: Minimum Wage, Who Gets Hurt?

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Hastur
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Hastur » Wed Oct 31, 2018 3:17 am

Price regulation always leads to the same things. Shortages, black markets and clientelism. There has never ever been an exception to this.
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An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna

Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck

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Speaker to Animals
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Speaker to Animals » Wed Oct 31, 2018 3:24 am

In America, minimum wage is not really a serious issue. Most people exceed minimum wage.

On the business side, if your business is going to tank because of a minimum wage increase, then your business has other problems and failure was inevitable.

And if liberals actually gave a fuck about the poorest workers, they'd stop importing millions if welfare dindus and build the fucking wall already. Wages are a product of supply and demand. Liberals want to genocide white people with open borders, and then blame republicans for the economic effects of their immigration ideology. Fuck them and fuck their wage "concerns" when they created the problem.

Non-issue.

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Hastur
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Hastur » Wed Oct 31, 2018 3:32 am

If you're far from the labor market, homeless, an ex-con, minority or recent immigrant it takes away one of your best tools to get a job. Pricing. So it reinforces segregation and inequality and puts a huge damper on social mobility.
Price control on wage is a big reason we have no-go zones in Europe and inner-city slums in the US. Just connect the dots.

If you have 100 qualified people applying for a job that pays minimum wage the employer will choose whoever he knows the best or the one who appears most appealing in some other subjective way. In a free market, he can lower the price until only one applicant remains. That person will get the job whoever it is.
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An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna

Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck

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Speaker to Animals
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Speaker to Animals » Wed Oct 31, 2018 4:00 am

Hastur wrote:
Wed Oct 31, 2018 3:32 am
If you're far from the labor market, homeless, an ex-con, minority or recent immigrant it takes away one of your best tools to get a job. Pricing. So it reinforces segregation and inequality and puts a huge damper on social mobility.
Price control on wage is a big reason we have no-go zones in Europe and inner-city slums in the US. Just connect the dots.

If you have 100 qualified people applying for a job that pays minimum wage the employer will choose whoever he knows the best or the one who appears most appealing in some other subjective way. In a free market, he can lower the price until only one applicant remains. That person will get the job whoever it is.
Wages are prices, subject to supply and demand. Wages get low because of excessive immigration.

Indeed,that we even need minimum wage is evidence that we need no new immigrants.

Minimum wage is a non-issue. Insomuch as people want to make it an issue, they do so to deflect from the underlying immigration problems of which low wages are a side effect.

Future people are going to wonder why we didn't just gas the Marxists and globalists when the true accounting of the costs is layed bare. They create these problems in order to force their shitty fixes for those problems while blaming everybody else for the problems they created.

Whenever liberals bitch about minimum wage, make it about the real issue: immigration. I guarantee they'd rather condemn the poor to poverty than to stop genociding white people. In that sense, you really should only engage them to reach the normies that might be listening. Liberals themselves are just zombies,beyond help at this point. They want to destroy you and you cannot ever forget it.

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Hastur
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Hastur » Wed Oct 31, 2018 4:06 am

Illegal immigration is the bigger of the two problems. Both need to be taken care off if you want to revitalize the American dream.
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An nescis, mi fili, quantilla prudentia mundus regatur? - Axel Oxenstierna

Nie lügen die Menschen so viel wie nach einer Jagd, während eines Krieges oder vor Wahlen. - Otto von Bismarck

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Speaker to Animals
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Speaker to Animals » Wed Oct 31, 2018 4:10 am

For instance, when the lugenpresse does one of their many stories on the plight of the unskilled laborer, they feature immigrant women, living on welfare, cleaning hotel rooms or some bullshit like that.

My suggestion: forget those people. Send back any immigrant who requires welfare. That's a disqualification for citizenship or a foreigner even living here at all. That will fix the minum wage problem, since businesses will have to raise wages to attract Americans to do those jobs, and the labor pool will no longer be glutted.

While we are at it, stop paying welfare to people with jobs. You either work or receive welfare. We ought not subsidize labor like that.

Then make welfare itself into a jobs program, with training and everything.

Edit: I am not talking about sending away recent immigrants who get disabled after they immigrate. I mean anybody who requires WIC, or welfare assistance of any kind. Those people have to go along with the illegals. Immigrants who cannot support themselves do not belong here.

PartyOf5
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by PartyOf5 » Wed Oct 31, 2018 5:43 am

jediuser598 wrote:
Tue Oct 30, 2018 11:36 pm
You talk to people at the bottom, they say that if minimum wage is higher the price of everything else is higher, so you gain nothing. That's demonstrably untrue, at least within the ranges I've seen. Min Wage is $11.50 here and the price of milk $2.40.

You could do this with anything.

I'm simply stating that just because the minimum wage in one place is higher than another place, doesn't mean that the price of everything else is more expensive. If it was, then there's no way the milk I buy would be cheaper than the milk you buy, if my minimum wage was higher. I'm willing to test other items if you wish, we don't have to restrict ourselves to groceries.
OK. Seattle and housing. Let's say Amazon decides to build a new HQ there, which will bring in lots of high paying jobs, well over the $15 minimum wage. Everyone in Seattle should love that right? Higher paying jobs, milk stays the same, everyone is happy right? Right?

Viktorthepirate
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Viktorthepirate » Thu Nov 01, 2018 7:32 am

Martin Hash wrote:
Tue Oct 30, 2018 10:40 pm
Viktorthepirate wrote:
Tue Oct 30, 2018 8:29 pm
C-Mag wrote:
Mon Oct 29, 2018 8:04 pm
I've been doing reading lately on the never ending welfare and warfare of Rome, and how it destroying traditional Roman values of responsibility, self sufficiency and honor.

Rome had a chance to change that, it went to a vote of the people and they voted for more welfare. Their empire died with over 50% of the Roman people on the government dole. No one wanted to have a business or produce anything because the government would take so much there was no profit in it. It snowballed.
People were on the grain dole even during the Republic days.

Their civilization also lasted a millennia. Not exactly a bad run.
Obviously slavery will cover for diminished Work Ethic for a long time.
:lol:

True

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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Viktorthepirate » Thu Nov 01, 2018 7:34 am

Speaker to Animals wrote:
Wed Oct 31, 2018 4:00 am
Hastur wrote:
Wed Oct 31, 2018 3:32 am
If you're far from the labor market, homeless, an ex-con, minority or recent immigrant it takes away one of your best tools to get a job. Pricing. So it reinforces segregation and inequality and puts a huge damper on social mobility.
Price control on wage is a big reason we have no-go zones in Europe and inner-city slums in the US. Just connect the dots.

If you have 100 qualified people applying for a job that pays minimum wage the employer will choose whoever he knows the best or the one who appears most appealing in some other subjective way. In a free market, he can lower the price until only one applicant remains. That person will get the job whoever it is.
Wages are prices, subject to supply and demand. Wages get low because of excessive immigration.

Indeed,that we even need minimum wage is evidence that we need no new immigrants.

Minimum wage is a non-issue. Insomuch as people want to make it an issue, they do so to deflect from the underlying immigration problems of which low wages are a side effect.

Future people are going to wonder why we didn't just gas the Marxists and globalists when the true accounting of the costs is layed bare. They create these problems in order to force their shitty fixes for those problems while blaming everybody else for the problems they created.

Whenever liberals bitch about minimum wage, make it about the real issue: immigration. I guarantee they'd rather condemn the poor to poverty than to stop genociding white people. In that sense, you really should only engage them to reach the normies that might be listening. Liberals themselves are just zombies,beyond help at this point. They want to destroy you and you cannot ever forget it.
Immigrants are the primary issue facing our economy?

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Speaker to Animals
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Re: Economics: Minimum Wage, Who Gets Hurt?

Post by Speaker to Animals » Thu Nov 01, 2018 7:56 am

Viktorthepirate wrote:
Thu Nov 01, 2018 7:34 am
Speaker to Animals wrote:
Wed Oct 31, 2018 4:00 am
Hastur wrote:
Wed Oct 31, 2018 3:32 am
If you're far from the labor market, homeless, an ex-con, minority or recent immigrant it takes away one of your best tools to get a job. Pricing. So it reinforces segregation and inequality and puts a huge damper on social mobility.
Price control on wage is a big reason we have no-go zones in Europe and inner-city slums in the US. Just connect the dots.

If you have 100 qualified people applying for a job that pays minimum wage the employer will choose whoever he knows the best or the one who appears most appealing in some other subjective way. In a free market, he can lower the price until only one applicant remains. That person will get the job whoever it is.
Wages are prices, subject to supply and demand. Wages get low because of excessive immigration.

Indeed,that we even need minimum wage is evidence that we need no new immigrants.

Minimum wage is a non-issue. Insomuch as people want to make it an issue, they do so to deflect from the underlying immigration problems of which low wages are a side effect.

Future people are going to wonder why we didn't just gas the Marxists and globalists when the true accounting of the costs is layed bare. They create these problems in order to force their shitty fixes for those problems while blaming everybody else for the problems they created.

Whenever liberals bitch about minimum wage, make it about the real issue: immigration. I guarantee they'd rather condemn the poor to poverty than to stop genociding white people. In that sense, you really should only engage them to reach the normies that might be listening. Liberals themselves are just zombies,beyond help at this point. They want to destroy you and you cannot ever forget it.
Immigrants are the primary issue facing our economy?
Yes. With offshoring coming in second.