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#1
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![]() Quote:
![]() http://www.nytimes.com/2013/12/02/bu...00-cities.html
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“To compel a man to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” Thomas Jefferson |
#2
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I imagine this guy would be thrilled to work 40 hours every week for one company. Or at least work a set schedule so he could get a second job. But fast food offers neither of those options. Ergo, the strike.
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Gentlemen! We're burning daylight! Riders up! -Bill Murray |
#3
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i don't think corporations realize what they'd accomplish by paying more. that means people spending more, which increases demand, which means you'd have to increase supply, which means more jobs. more spenders, more demand, etc also, if one guy has a million dollars, he'll probably save most of it-he'll add it to the millions in the bank. if a thousand people had a $1000, they'd all spend it. so, who does more for the economy? |
#4
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The notion that if they just "pay it forward" so to speak, that the money would then come back to them exponentially due to the fact that these employees would have * more money* is preposterous and completely unfounded. You do not need a labor-funded report to know that while yes, obviously a rise in the minimum wage would technically provide them *more money*, but the repercussion of this rise in the cost of labor is exactly what?? Food costs that much more, gas costs that much more, clothing cost that much more, etc. It is a zero sum gain at the absolute best - and in practical application, would actually drive inflation levels amok and rob them of any "perceived value" that they received. In essence, they would be even poorer. Again, the market drives these wages. In areas where there are a low volumes of theses workers, they are already getting paid 11.00-13.00 an hour. You can't and should not force employers to overpay for services without objectively quantifying what its impact to the overall economy would be. |
#5
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![]() the change in wages and what the outcome would be is lined out in the economic policy paper i linked to. including the gains to the economy, new jobs added, etc.
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