Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 01, 2018 09:52 PM            

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An increase of 3.1 % over the summer! That's how capitalism works. Tax cuts create jobs, and wages go up to attract employees. Thank you, President Trump!

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Posts: 12081
From: Madeira Beach, FL USA
Registered: Apr 2009

posted November 01, 2018 11:20 PM            

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Yes, thank you President Trump!

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Posts: 6190
From: shamballa
Registered: Aug 2013

posted November 02, 2018 07:13 PM            

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Many places have raised minimum wage to keep pace with those pioneers who thumbed their noses at your dire predictions of collapse if they did. Ancient history, right? Lost in the mists but ongoing for awhile now. Remember? Started before DT was in tho so we understand you have to credit him (despite his professed belief that wages are too high all of a year ago).

And of course Amazon has just raised minimum wage for hundreds of thousands.

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Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 02, 2018 07:53 PM            

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Amazon raised the minimum to $15 an hour, and that's just capitalism at play. Tax cuts work!

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Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 02, 2018 09:51 PM            

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Under a very struggling Obama economy, being FORCED to raise the minimum wage would have been catastrophic. That's the wonderful thing about a free market.

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Posts: 6190
From: shamballa
Registered: Aug 2013

posted November 03, 2018 01:32 PM            

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Remember how Seattle was going to go under for raising its minimum wage? Whatever happened? Copycats everywhere..

Obama didn't make them do it. They didn't do it because the economy was foundering...Business improved contrary to conservative warnings.. and now even Bezos sees the logic of employees being able to eat and pay their rent.

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Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 03, 2018 03:03 PM            

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I see you have selective amnesia. What Republicans opposed was being forced.

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Posts: 6190
From: shamballa
Registered: Aug 2013

posted November 03, 2018 03:38 PM            

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I didn't imply otherwise however

Whatever the reasoning, it was seen as certain death for business in the city.. and the result was the exact opposite.

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Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 03, 2018 07:21 PM            

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No one said such dire things. Increases in minimum wage lead to layoffs. Unless, of course, those increases are the natural result of economic forces.

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Posts: 12081
From: Madeira Beach, FL USA
Registered: Apr 2009

posted November 03, 2018 10:36 PM            

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quote:

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Originally posted by Randall:
No one said such dire things. Increases in minimum wage lead to layoffs. Unless, of course, those increases are the natural result of economic forces.

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Posts: 6190
From: shamballa
Registered: Aug 2013

posted November 04, 2018 12:50 PM            

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Right you are, never mind the facts just stick to your theory.

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Posts: 12081
From: Madeira Beach, FL USA
Registered: Apr 2009

posted November 04, 2018 03:09 PM            

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quote:

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Originally posted by Catalina:
Right you are, never mind the facts just stick to your theory.

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You don't get to make up your own facts.

An expanding economy and low unemployment rates leads to competition for labor..which leads to rising wages for that labor.

Which is the scenario we have right now.

Forced/mandated wage increases in a down economy lead to layoffs and contractions in the employee force.

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Posts: 103040
From: From a galaxy, far, far away...
Registered: Apr 2009

posted November 04, 2018 03:16 PM            

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Well-said, Jwhop! Economics 101.

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