Capitalism Doesn’t Work

[ICantSpellDawg]

Well, according to some pretty well-understood economics, increasing the minimum wage would have huge benefits. There's a whole school of economics founded on the idea that giving the poor more purchasing power, and bringing them up to the middle class, has benefits to society as a whole. Whether or not you agree with that has more to do with whether or not you think that's a viable economic strategy than anything else. Note that it's a short-term strategy, but our economy is like a severed limb--you must stop the bleeding.

However, I'm not an economics major, I'm a political science and sociology major. The most vulnerable in society do not have the benefit of looking at long-term solutions. There is a critical period in every person's life where they either find their place in society, or decide they no longer have a place for it or in it. Our society is failing people who need it, because people like you believe shitty arguments put forth by people who just want to get the government out of the way so they can screw you better.

I am fine with raised minimum wages. I just dont think that it will do what you believe it will do. Minimum wage for people working 40 hours per week would be just under 22500 per year, way above the poverty line. But go ahead, I wouldn't vote for it, but I wouldn't vote against it. If anything, it would force an employer to really think whether the position was that necessary. If it was, then shame on him for not paying commensurate wages from the start. If it isn't, it will encourage the employer to fire the useless employee and instead automate the process. Win/Win longer term.

You can't make people more valuable by increasing the minimum wage, but you can make a crappy worker overpaid. Test away, just do it in your state first. I'm not opposed if my own Democratic State wanted to try. They won't, even though they control all branches of government here. They would much rather use it against Republicans than enact such a lukewarm policy that will drive jobs from the State. But I hate NY, so move all the jobs out so that we can get them in another State. Who needs a 350k starter house with average national salary for a college grad.