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Krugman

Jonesboro, AR

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#1
Feb 18, 2013
 

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One major Obama proposal wouldn’t involve budget outlays: the president’s call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes.

http://www.nytimes.com/2013/02/18/opinion/kru...

First of all, the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled.

Isn’t it time for a raise?
guest

Ash Flat, AR

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#2
Feb 18, 2013
 

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Krugman wrote:
One major Obama proposal wouldnÂ’t involve budget outlays: the presidentÂ’s call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes.

http://www.nytimes.com/2013/02/18/opinion/kru...

First of all, the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled.

IsnÂ’t it time for a raise?
Hell no
guest

Dallas, TX

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#3
Feb 18, 2013
 
lol
guest

Wynne, AR

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#4
Feb 18, 2013
 

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Krugman wrote:
One major Obama proposal wouldnÂ’t involve budget outlays: the presidentÂ’s call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes.

http://www.nytimes.com/2013/02/18/opinion/kru...

First of all, the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled.

IsnÂ’t it time for a raise?
The NY Times is a blatantly libel publication. Of course they will say yes! Minimum wage jobs are for unskilled workers. There is no reason to FORCE a company to pay an unskilled worker more and therefore drive up the price of EVERYTHING! Because what liberals don't understand (because liberals know nothing about business, only handouts) is that employers do not absorb the increased labor costs. If they did, they'd become unprofitable and have to close. In order to remain profitable, they have to either increase prices (causing the people who just got a raise to pay more for that product) or they have to lay off employees and demand more productivity from the ones that remain.

Does the average American worker need to make more money? Yes! But they need to do it by seeking training, job skills, education, motivation to start their own businesses, etc.... The point is that anyone that lacks that motivation doesn't deserve to be paid more and by forcing employers to pay more only feeds the cycle of the entitlement mentally. When someone gets a raise by force they began to feel more and more like they are OWED something. The fact is that NO ONE is OWED ANYTHING. Government needs to mind its own business and let the free market system we were founded on work the magic that made this a great country up until government started meddling.
guest

United States

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#5
Feb 19, 2013
 

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what a crock!!!! most people are struggling to feed their family and you think they should start their own business...lmao.are you going to give them the money to start their business????its that thinking that has got us where we are now.
guest

Bellevue, WA

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#6
Feb 19, 2013
 

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guest wrote:
<quoted text>
The NY Times is a blatantly libel publication. Of course they will say yes! Minimum wage jobs are for unskilled workers. There is no reason to FORCE a company to pay an unskilled worker more and therefore drive up the price of EVERYTHING! Because what liberals don't understand (because liberals know nothing about business, only handouts) is that employers do not absorb the increased labor costs. If they did, they'd become unprofitable and have to close. In order to remain profitable, they have to either increase prices (causing the people who just got a raise to pay more for that product) or they have to lay off employees and demand more productivity from the ones that remain.
Does the average American worker need to make more money? Yes! But they need to do it by seeking training, job skills, education, motivation to start their own businesses, etc.... The point is that anyone that lacks that motivation doesn't deserve to be paid more and by forcing employers to pay more only feeds the cycle of the entitlement mentally. When someone gets a raise by force they began to feel more and more like they are OWED something. The fact is that NO ONE is OWED ANYTHING. Government needs to mind its own business and let the free market system we were founded on work the magic that made this a great country up until government started meddling.
racist!
qwe

Marion, AR

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#7
Feb 19, 2013
 

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Krugman wrote:
One major Obama proposal wouldn’t involve budget outlays: the president’s call for a rise in the minimum wage from $7.25 an hour to $9, with subsequent increases in line with inflation. The question we need to ask is: Would this be good policy? And the answer, perhaps surprisingly, is a clear yes.
http://www.nytimes.com/2013/02/18/opinion/kru...
First of all, the current level of the minimum wage is very low by any reasonable standard. For about four decades, increases in the minimum wage have consistently fallen behind inflation, so that in real terms the minimum wage is substantially lower than it was in the 1960s. Meanwhile, worker productivity has doubled.
Isn’t it time for a raise?
The answer is clearly NO. Increasing the minimum wage will decrease employment. It will increase unemployment. It will increase prices. It will move more job out of this country. It is the worse possible thing we could do.
disappointed

Fort Worth, TX

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#8
Feb 19, 2013
 

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qwe wrote:
<quoted text>
The answer is clearly NO. Increasing the minimum wage will decrease employment. It will increase unemployment. It will increase prices. It will move more job out of this country. It is the worse possible thing we could do.
During which of the numerous minimum wage increases has this catastrophic economic downturn happened?
Guest

Hot Springs Village, AR

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#9
Feb 19, 2013
 

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disappointed wrote:
<quoted text>
During which of the numerous minimum wage increases has this catastrophic economic downturn happened?
During which one did the prices on all goods and services not increase? Raise minimum wage by 25%, the cost of groceries, gas, etc. will increase by 30%.
disappointed

United States

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#10
Feb 19, 2013
 

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Guest wrote:
<quoted text>
During which one did the prices on all goods and services not increase? Raise minimum wage by 25%, the cost of groceries, gas, etc. will increase by 30%.
Examples? It is one thing to make claims but show us where this has actually happened. The fact is that groceries, gas, etc have been increasing while minimum wage has stayed the same. If minimum wage was reduced would all these items decrease in price?
der

Jonesboro, AR

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#11
Feb 19, 2013
 

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disappointed wrote:
<quoted text>
During which of the numerous minimum wage increases has this catastrophic economic downturn happened?
All of them

Since: Aug 10

Cathouse Mouse

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#13
Feb 19, 2013
 

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The only true American who would oppose increasing the minimum wage to $9.00 per hour are obviously those who have been busting their butts for the past year at $9.25.

I have a question ..... "fuel for the fire" as it were ... would an increase in the minimum wage concurrently lead to a hike in food stamps?

O - U - C - H -!!!

TO GOOGLE ROBIN!!!
der

Jonesboro, AR

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#14
Feb 19, 2013
 

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disappointed wrote:
<quoted text>
Examples? It is one thing to make claims but show us where this has actually happened. The fact is that groceries, gas, etc have been increasing while minimum wage has stayed the same. If minimum wage was reduced would all these items decrease in price?
The minimum wage is a pressure on price levels, it's not the ONLY pressure on them. Obamacare costs to employers is one. increasing taxes is one. Anything that drives up the cost of producing goods or performing services obviously pushes up the price that must be charged for those goods and services. Can anyone really be this f'ing stupid??

Since: Aug 10

Cathouse Mouse

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#16
Feb 19, 2013
 

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Opposing raisng the minimum wage in the south is not good policy, opposing it because the price of your beer is going to go up isn't a major winning strategy either.

Do I need to re-post the video of Governor Hadji telling you to be nice to poor folk?
disappointed

Jonesboro, AR

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#18
Feb 19, 2013
 

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Here are the actual numbers. There is NO correlation with increases in minimum wage, inflation, and unemployment..... That is piss on your boot!!!

http://www.infoplease.com/ipa/A0774473.html

http://www.usinflationcalculator.com/inflatio...

http://data.bls.gov/pdq/SurveyOutputServlet
disappointed

Jonesboro, AR

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#19
Feb 19, 2013
 
Punisher

United States

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#20
Feb 19, 2013
 

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So the USDA is full of shit huh?
Punisher

Jonesboro, AR

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#22
Feb 19, 2013
 

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Explain to me, how you can artificially inflate one part of any system, without changing other parts of that system. Where does the money come from? That's exactly like saying you can take a dump without raising the water level in your toilet bowl.
disappointed

Gladewater, TX

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#24
Feb 19, 2013
 

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Punisher wrote:
So the USDA is full of shit huh?
The USDA what? No link to actual data? Toilet analogies? You've outdone yourself!
AntiKoolAidDrink er

Springdale, AR

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#25
Feb 19, 2013
 

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I would rather be paid one silver dollar per hour.

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