The problem with raising minimum wage is that the assumption is that the company will absorb the cost. WRONG. They will increase prices and it has a cascade effect. What about high school kids trying to get a minimum wage job and they can't because you now have 43 years olds that won't improve themselves because they make enough to survive. Entry level jobs are not ment to be careers.
We can eliminate poverty in the USA

It like the laundry machine at the hotels here on St. Croix....they just keep arunning & arunning & arunning....
(it's suppose to be tallying....it's not on mine....)

The lowest wages already don't pay any taxes after deductions.
They pay taxes every time they go to the store,and they have to spend 100% of what they earn to barely survive.

Me too. I pay for my house my food my kids and it takes everything I have to survive too. Paycheck to paycheck as they say and it pisses me off when people like you advocate MORE TAXES to assist people that dont even work and have more children and nicer cars than I do. Do you actually know any real life poor people or are you an Ivory Tower socialist that thinks all the hyperbole about millionaires and billionaires is going to change the system and create the mythical socialist paradise?

Me too. I pay for my house my food my kids and it takes everything I have to survive too. Paycheck to paycheck as they say and it pisses me off when people like you advocate MORE TAXES to assist people that dont even work and have more children and nicer cars than I do. Do you actually know any real life poor people or are you an Ivory Tower socialist that thinks all the hyperbole about millionaires and billionaires is going to change the system and create the mythical socialist paradise?
Even if you make $100,000 a year you will get an extra $5,000 a year. Why does that piss you off? Sounds like you could use the help.

Perhaps some people are missing the larger picture here. The means to eliminate poverty already exists. It is not to do with socialism or any particular political agenda, it is the absolute outrage & sense of injustice, the sheer lack of moral fibre, the disregard for humanitarian concerns.
In the UK & in the USA, as well as many other developed countries, people are questioning the 'inequality'.
Let's be fair it seems like we are all living in a mental asylum. Democracy?
Democracy, or democratic government, is "a system of government in which all the people of a state or polity ... are involved in making decisions about its affairs, typically by voting to elect representatives to a parliament or similar assembly," as defined by the Oxford English Dictionary.[1] Democracy is further defined as (a:) "government by the people; especially : rule of the majority (b:) " a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections."
People are starting to question the 'bull".
Some people want equality & fairness. Transparency, trust in their leaders, are sick to death of the war machine, outraged by man's inhumanity to man & in their own countries too. When was the last time we had a political leader with a heart & empathy?
Oprah Winfrey is a multi-millionaire but someone like her as a leader would be a good start. Ivy league bred politicians are about as connected to the majority of people as shit is to gold. Multi-national coroperates & corrupt politicians are running amok over the majority.
Why do some of the most affluent countries on the planet have such high poverty? And then we go and shoot it up abroad on the pretense of being ethical.

The problem with raising minimum wage is that the assumption is that the company will absorb the cost. WRONG. They will increase prices and it has a cascade effect. What about high school kids trying to get a minimum wage job and they can't because you now have 43 years olds that won't improve themselves because they make enough to survive. Entry level jobs are not ment to be careers.
There's no problem with it. We did in here in Denmark long ago, and we are number 21 in the world for GDP/capita. With no oil/mines, that sort of stuff. If you take out the oil/bank countries we are 10 in the world.
That's with like 20 $/hour in Wallmartish jobs and free healtcare and free education for everyone.
Companies benefit also from having a high minimum wage - because then consumers have money to buy lots more stuff from them. Anyway, it works fine :)

So you're comparing Denmark to the US? I think that's a bit like comparing a mom and pop quick stop to Costco. What might work for 10m culturally homogeneous people will be at best a disaster for 350m in a melting pot.

So you're comparing Denmark to the US? I think that's a bit like comparing a mom and pop quick stop to Costco. What might work for 10m culturally homogeneous people will be at best a disaster for 350m in a melting pot.
Just saying it CAN work. And yeah US probably v different, but I dont see why everything would break down if you raised the low end salaries over a transition period?
It would just temporarily reduce the profits a bit for the ownees, but they'd go back up once the people started spending the money.

bigpoison wrote:
I wish I lived in a slum and leased a Bentley
Youre trying desparately to be funny but 04 Honda has nothing on the escalades and acuras I see.

didn't WalMart just raise their minimum to $10, then turn around and close a bunch of locations?? maybe I imagened that, but I thought I heard it. Not that there is a necessarily correlation or cause/effect, but...

Yeah, they closed mostly Walmart Express stores that were part of a pilot program that failed.
I've not read anything to suggest that the failure was due to an increase in their minimum wage schedule, but I'm no more than cursorily familiar with the closings. The little I've read seems to indicate that the Express stores themselves failed.
Thanks - I had not heard that part. Isn't Federal minimum wage $7.65?? my God. that's ridiculous
Good luck when we're lifting people out of poverty at Walmart rates of pay.
Human beings have value because they are human beings.The plutocrats don't own their wealth,they are only stewards of community property.Their control of that wealth can be revoked by the community at any time.I want to maintain the capitalist system but the people at the foundation of that system have a right to the basics of survival. Food,shelter,health care,and education are their birthright,and if the current system has dealt them out the system must change. People come first,not business.
Yeah agree. You need higher salaries for Wallmart jobs.
Another way of doing it is cutting taxes a lot for the LOWEST salaries.