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Rusty Shackleford
Joined: 08 May 2008
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 Posted: Fri Jan 01, 2010 7:42 pm Post subject: |
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| Olivencia wrote: |
| Total garbage. Prove your assertion with facts. When the minmum wage increased under Clinton we heard the same nonsense but in fact the economy actually improved. |
There are dozens of links in the thread I linked to. |
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Rusty Shackleford
Joined: 08 May 2008
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kangnamdragun
Joined: 28 Mar 2009
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| Posted: Fri Jan 01, 2010 8:09 pm Post subject: |
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Is this thread a joke? Is the OP a troll? $15/hr minimum wage?
Why not $20 then? Why not $25? Let's just make everyone have the same wage. Wouldn't that be fair?
The original federal minimum wage, I believe, was a racist tactic to get companies to hire white workers because black workers were taking lower wages. When the wage was enacted companies just chose to hire white workers, increasing the black unemployment rate. |
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Olivencia
Joined: 08 Mar 2009
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caniff
Joined: 03 Feb 2004
Location: All over the map
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| Posted: Sat Jan 02, 2010 1:25 am Post subject: |
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| Olivencia wrote: |
Is your post a joke?
1. Was it right or wrong to end child labor? |
I've heard a cogent argument put forth, on this very forum, that was against child labor laws. I'm not sure if I was swayed, but I recall some good points were made.
Maybe the actual poster who took that position will reassert their claims. |
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ontheway
Joined: 24 Aug 2005
Location: Somewhere under the rainbow...
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| Posted: Sat Jan 02, 2010 4:15 am Post subject: |
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| caniff wrote: |
| Olivencia wrote: |
Is your post a joke?
1. Was it right or wrong to end child labor? |
I've heard a cogent argument put forth, on this very forum, that was against child labor laws. I'm not sure if I was swayed, but I recall some good points were made.
Maybe the actual poster who took that position will reassert their claims. |
The reality is that child labor laws were only passed after the economy had grown enough that the vast majority of children no longer needed to work to support themselves or contribute to the support of their families. The law did not end the practice, it was the free market that made child labor a thing of the past, the legislature followed by codifying the change that had already occured.
Of course, some children still needed to work, so there are exemptions in the child labor laws for children to work on family farms and to work for other family businesses. As long as kids work for family, they can work for little or no money and for long hours.
Other children need or want to work, so they find jobs in the underground economy: babysitting, mowing lawns, snow removal, other yard and household work etc. Newspaper delivery routes are also allowed at younger ages.
Finally, child labor laws are popular among a whole other set. Some children find themselves in poverty despite massive welfare payments being squandered by parents, or need to support themselves because they are runaways or throwaways. They are precluded from working a legal job, which these days would make a kid fairly comfortable at even $6 per hour. So they are pushed by the loving helping hands of socialism into selling drugs or turning tricks - which makes drug dealers, pimps, and johns who prefer young child prostitutes, very happy. |
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kangnamdragun
Joined: 28 Mar 2009
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| Posted: Sat Jan 02, 2010 4:51 am Post subject: |
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So why not make the minimum wage $20 per hour? |
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Olivencia
Joined: 08 Mar 2009
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| Posted: Sat Jan 02, 2010 5:21 am Post subject: |
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Wow you paint a very rosy picture of the plight these poor children endured under the greedy capitalists pigs.
http://en.wikipedia.org/wiki/Timeline_of_children%27s_rights_in_the_United_States
Before the 1930s children were routinely exploited in a variety of settings throughout American society. Frequently beginning their working lives before their tenth birthday, children worked in hazardous jobs at mines, mills, factories, sweatshops, and on farms, with little or no wages. Labor laws did not exist, and the common perception of the ease with which children were manipulated made them targets for a variety of rights violations. |
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kangnamdragun
Joined: 28 Mar 2009
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| Posted: Sat Jan 02, 2010 7:38 am Post subject: |
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| My question has not been answered. Why not raise the minimum wage to $20 per hour? |
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Olivencia
Joined: 08 Mar 2009
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| Posted: Sat Jan 02, 2010 7:41 am Post subject: |
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| No that's too high for now. |
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kangnamdragun
Joined: 28 Mar 2009
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| Posted: Sat Jan 02, 2010 7:42 am Post subject: |
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| Olivencia wrote: |
| No that's too high for now. |
What makes $20 too high and $15 okay? |
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Olivencia
Joined: 08 Mar 2009
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| Posted: Sat Jan 02, 2010 7:44 am Post subject: |
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| Markets couldn't handle it right now. |
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kangnamdragun
Joined: 28 Mar 2009
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| Posted: Sat Jan 02, 2010 7:47 am Post subject: |
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| Olivencia wrote: |
| Markets couldn't handle it right now. |
How could markets handle $15 right now?
What happens when the cost of workers is greater than productivity? Costs will go up, prices will increase and the workers who receive the higher minimum wage can no longer afford goods and services. |
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Rusty Shackleford
Joined: 08 May 2008
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| Posted: Sat Jan 02, 2010 8:33 am Post subject: |
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| Olivencia wrote: |
| Markets couldn't handle it right now. |
How did you measure that? You should publish your method. You would be the greatest economist since Keynes!
FYI everyone else. This guy is a massive troll. I have never called anyone on that before, but this guy is it. He trolls the other boards in a similar fashion.
Let's just let this thread die. |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Sat Jan 02, 2010 9:26 am Post subject: |
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| kangnamdragun wrote: |
| Olivencia wrote: |
| No that's too high for now. |
What makes $20 too high and $15 okay? |
S/he feels it too high. Feel is the thrust of progressive analysis.
Hell, make it 100$. Then, when only people like me are employed and the lower 50% all trying to take my stuff, I'll demand the state do something about the crime problem and throw the vagrants in jail (they'll listen, cause they need my tax dollars, as I can leave). Next, the progressives will lament the high incarceration rate as a function of Greedy Capitalists etc.
Anyways, it's not going to continue. Nobody can afford the progressive dream anymore. We're going to get fiscal conervativism all over the Western world, no matter what the hippies have to say about it. |
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