Quote:
Originally Posted by wil318466
McDonald's is installing kiosks to replace workers.
Lol. Hahahaha. Wow. Idiot dumb ass liberal moron policies. Wow.
Everything about the left is a ****ing joke.
Quote:
Originally Posted by wil318466
It amazes me how people like you can't see outside of your spoon-fed ideas. Look at the big picture. Why are fast food companies moving to kiosks? Are costs a factor? Of course.
How about more important questions like what is the purpose of entry level positions? Why are people demanding higher pay in an entry level position? You're not supposed to stay in an entry level position, that's why they are called "entry level". These positions are 100% turnover rate. They are stepping stone jobs and they should lead to other jobs. Where are those other jobs and who are these people stuck in these non skilled jobs? Why do they DESERVE 15 dollars an hour? Who else deserves what?
Finally, what will be the end effect? I'll tell ya what - companies eliminating those jobs or them hiring better people. That means the lower qualified get pushed out. It's just common sense.
One of the reasons the min wage laws exist was to keep white workers on top. Many employers 100 years ago would hire blacks for cheaper pay. Those workers could then make some money and hopefully learn some skills and move on, it wasn't from benevolence.
Min wage laws will help the people who have those jobs, but there will be less of those jobs to go around.
It's complete idiocy and it takes away the one thing that unskilled labor has - the ability to work for cheap. Why do you think illegals find work so easily? Because everyone loves people who can't speak the language?!
I'm a bit sympathetic to the anti-minimum wage arguments as on some level they are basically correct. If there is some job that is only worth paying x-1 to do, and the minimum wage is x, then the job will not exist under the presence of the minimum wage law.
At least in terms of immediate effect, minimum wages almost definitely increase unemployment.
However, that doesn't mean minimum wage laws are bad, because
1) You are going to have a hard time demonstrating that there are a large class of jobs with fair values under the current minimum wage.
2) You are not correctly understanding the problem that minimum wage laws are attempting to address.
The free market is only going to lead to a clearing price near the fair price of the labor in situations where both sides have similar abilities to negotiate. In the middle and upper end of the labor market, this probably works pretty well. If I currently have a job, and I'm not struggling to eat or pay my mortgage, I won't accept a job for less than I feel the fair value is, I will negotiate and probably get something close to fair market price.
On the other hand, if I am unemployed and struggling to eat, my negotiating power is limited. The huge asymmetry of power between employee and employer at the bottom end of the market gives the employer side huge leverage in negotiating relative to the employee and this will cause the employee to often get paid far below the fair market value of their services because they are a "motivated seller".
Regarding the robots are taking our jerbz, I agree this is going to be a big problem going forward. Having a reasonable minimum wage probably doesn't affect it that much; once robots are feasible for a job they are probably going to be cheaper than what any human is going to accept to do the job anyway. I agree with betair that the skilled class needs to solve the problem of providing for those who will lose their jobs to this because if left unchecked wealth will become increasing concentrated at the top and there will probably be a revolt of some kind.
Regarding "fight for $15" or whatever, I'm not really in favor of raising it all the way to $15. What I would personally do is:
I'd set it to $11-$12 an hour now.
I'd explicitly index it to inflation.