I can't read all this... I have to eat right now. But, has anyone suggested putting up a wall to illegal immigration and cease importing a million legal immigrants per year. I doubt we would need a minimum wage for next generation.
Of course no sane person would consider it enough to live on. Therein lies the problem. Aren't you getting a wee bit tired of sudsidizing minimum wage employers? I am/ But mostly I'm appalled that anyone thinks you can have a robust economy with 1 percent of the population owning all the money and resources.
Everything you say is true. The champions of laissez faire capitalism won't accept that you're right until they are dragged by the heels to the guillotine, and by then it will be too late for repentence.
Of course! Marxism can only be implemented by the same means it uses to run an economy after it's implemented. At the point of a gun.
Please tell me the last time we had any major policy changes based on "reason"? Everything we do is based on anecdotes and outliers in the data. ACA is a perfect example. Regarding the min wage. Why not have price controlls? That would REALLY address the problem of low wage workers running out of money before they run out of month. If you raise their wages, its just a temporary stop gap. Prices will go up and they will be right back where they are today. Can you make a reasoned argument against price controlls?
As I mentioned before, in a way we do. Many inputs and products have regulations governing their quality and manufacture. That raises the total price. It doesn't set the final price, but it does put a floor under that final price.
Either you lefty/democrats IQs are too low to think in systems... or you are all duplicitous cold hearted sons of bitches... How the hell can the leftists here pretend they care about labor's wages when they support open borders and importing a million immigrants a year. Would one of you lefty sobs answer that question... instead of ignoring it. You all are so obviously full of crocodile tears for labor... if you don't respond to that simple question. Ask the private unions people (not their political leaders) if they think more cheap labor is the answer to how to bargain for higher wages? Ask the intellectual property workers in our tech industries what they think of H1 B visas while their wages are depressed and they have shorten careers? I actually care about American workers and tax payers you guys are completely full of shit. You are trying to break the system, if you don't realize it, your not half as smart as you think you are. Your IQ is limiting your ability to think in systems or you are a commie.
In a capitalist economy, price controls are strictly a temporary emergency measure. Price controls might be useful to prevent price gouging in times of a crisis, but they wouldn't be useful here. The assumption that after a minimum wage increase everything adjusts and you end up in the same place as before the wage increase is probably wrong. The history of hikes in the minimum and their economic effects should be studied for clues as to what to expect.