Increase your market value, minumum wage is a crock
The minimum wage in the US is going up to $9.25/ for some when the bill is passed, it won't get to $15/hr until Biden's term is up in 4 years so why all the grandstanding and half truths?
Also the minimum wage in Norway is not Zero Dollars but over $20 US for unskilled labour.
For skilled workers: NOK 209.70. For unskilled workers without any experience of construction work: NOK 188.40. For unskilled workers with at least one year's experience of construction work: NOK 196.50. For workers under 18 years of age: NOK 126.50.
Some of the highest wealth disparity in the world is what the US has and that's why the middle class is disappearing, being priced right out of the market by the 1 percenters. The small business owners always want to pretend that they are some mom and pop enterprise that is going to have to let go all of their employees because they have to pay them a living wage that will actually put money back into the economy so that they can, wait for it, - - - Make America Great Again. Unfortunately, what they really want is to keep all the money for themselves and take away whatever they can from those who have less, even when they don't need the extra money because for this mindset, it isn't so much about what you have but what others don't that fuels their sense of self worth. That is some very sick thinking.
@Thirst2learn When your rebuttal starts with 'You are so fucking stupid' it's clear you don't have an argument worth listening too. Half of what jobs where and why? Now those are worthwhile questions that may produce relevant data to make economic policy on but to suggest that an increase in the minimum wage of around $2/hr will bring the economy to its' knees is just inane when you consider the fast and lose chicanery on wall street. Grow up and until you do, please be quiet.
@Thirst2learn I am a small business owner and before I semi-retired at the ripe old age of 47 I was a medium business owner. I always took care of my people and I always paid more that the going rate to my employees; guess who wanted to work for me? All the best workers. I helped them and they helped me to succeed which is a win win, not a win lose like you are promoting. Don't confuse the job losses due to Covid with job losses that may or may not happen with a $2/hr wage increase. A wage increase that is necessary to stop using the corporate welfare queens of downloading their responsibility of providing a safe work environment and a living wage to the government through the corporate subsidies and food stamp programs.
I'm a Lefty Libertarian which actually is a successful and profitable way to live and run a business, unlike the NeoCon Libertarians that are just a bunch of selfish, greedy bastards that don't want to pay their own way. Like Ayn Rand who wound up destitute and sucking of the welfare teat - total loser - just like all of her followers.
@Thirst2learn Are you even old enough to vote? You don't sound mature enough to make an educated decision so I certainly hope not.
@Thirst2learn quit listening to the corporate propaganda, I already told you I paid more than my competitors when it came to wages and that this was a big part of the success of my business. Pay your people properly so they can focus on their jobs and not on whether they can put food on the table or make the rent at the end of the month, by treating employees like family you not only get the best workers who will go above and beyond in their work but also their loyalty. Far too many MBA's are making the decisions in business and all it does is destroy productivity and long term profitability. This house of cards can't keep going forever, soon our trading partners won't take our useless paper and they will have sufficient military power to no longer feel threatened by the military industrial complex which currently coerces them into taking the fiat currency the FED prints with abandon.
If you don't own precious metals then you should consider getting some as an insurance policy, not as an investment.
Rising tide lifts all boats?
Democrats will lose more seats in Congress in 2022. Just watch.
We have no higher priorities but Democrats keep going radical and stupid - no fair tax, no adjusting social security, no health care, no threat from China and no worry about the economic and trade deficits of trillions of Dollars. These idiots talk about socialist give aways and lose elections each time. Even moderate Democrats do not want high minimum wage.
Do this stupid thing now and send more manufacturing overseas.
Your contentions have been disproven in the Real World time & time again. Tiresome at best.....
I agree that this issue is a loser where so many better issues await. Increase it less and slip it under the door.
@racocn8 They are phasing it in over 5 years - it goes up to $9.25/hr this year so they did slip it under the door and it is nothing like the $15/hr the GOP and their corporate masters keep howling about.
@Surfpirate Thanks for the clarification. Given that phase in, the objections are asinine.
@racocn8 They usually are when you are dealing with greedy elitists. At least the money injected into the economy will take a little while in circulation before the banks and megacorps have it all sitting on the sidelines again or in the casino they call the stock market.