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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Tenchusatsu who wrote (497980)	7/24/2009 2:15:11 PM
From: Road Walker	Read Replies (3) \| Respond to of 1577025

What would you do when increasing minimum wage increases unemployment, increases the demand for imported goods, and increases the demand for illegal immigrant labor? Most of the jobs that could be exported have been exported. You can't export McDonalds burger flipping. You can't export lawn service labor. We have so little manufacturing left... just stuff that won't ship well in a container, that job losses from increased minimum wage competition would be minimal. The economic stimulus (dirty word to you guys) from the higher minimum wage IS NOT minimal. Illegal immigrant labor is what it is... they will probably get a pay raise. An extra 65 cents and hour is not going to make more people cross the border. Oh and by the way that 65 cent an hour increase time 40 hours is an incredible $26 a week. Huge... just crazy money. I don't know how these folks are going to find a way to spend it!

To: Tenchusatsu who wrote (497980)	7/24/2009 4:08:48 PM
From: tejek	Read Replies (1) \| Respond to of 1577025

RW, > I was just taking your argument to it's logical conclusion. You made a really big leap in "logic." What would you do when increasing minimum wage increases unemployment, increases the demand for imported goods, and increases the demand for illegal immigrant labor? You know.....once again, the R position doesn't make a lot of sense. Japan and Germany are two of the biggest exporting nations in the world even as they have high labor costs. In fact, Germany has unions that make American unions look like boy scouts. So then, how the hell do they do it? This whole argument sounds a lot like the specious argument over taxes......like the ones they had in MN back in the early 80s. That means there is a secondary agenda that is not making it to the table.

To: Tenchusatsu who wrote (497980)	7/26/2009 6:35:16 PM
From: combjelly	Read Replies (2) \| Respond to of 1577025

"What would you do when increasing minimum wage increases unemployment, increases the demand for imported goods, and increases the demand for illegal immigrant labor?" Can you point to a case where any of this has happened? A hike in minimum wage doesn't seem to have any net negatives. Sure, you can point to cases where unemployment went up after a hike, but there are plenty of cases where it went down after one. Likewise with the other metrics you point to with the possible exception of imported goods, which have been on a steady rise for decades.