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You think the countries with minimum wages don't have these mom and pop shops? Hint: I live in such a country, and they're doing just fine. The prices are highe

You think the countries with minimum wages don't have these mom and pop shops? Hint: I live in such a country, and they're doing just fine. The prices are higher across the board, including the prices they sell their products for. The margin shifts, it doesn't disappear.

scarface74 7y ago
I bet your country also has universal healthcare and a better safety net.
- ShinTakuya 7y ago
  Sure, and there's nothing stopping your country from doing the same. I mean healthcare is basically irrelevant since minimum wage workers can't afford to look after health conditions regardless of whether or not they have a job. Regardless, there's no observed correlation between minimum wage and unemployment if that's what you're getting at.
  - scarface74 7y ago
    Well, the unemployment rate in most European countries is twice that of the US....
    - ShinTakuya 7y ago
      What about all the many years before 2014 that the US unemployment rate was significantly more than almost all of the European countries? Did the lack of minimum wage help in 2010 when the unemployment rate was 10%? Also, that's a flat out lie. Greece, Spain, and Italy are pulling up the average with their huge unemployment rates, and the vast majority of unemployment rates besides that are almost the same as the US and in some cases lower.
      - scarface74 7y ago
        Every country in the EU has a higher rate than the EU. https://www.statista.com/statistics/268830/unemployment-rate-in-eu-countries/ https://www.statista.com/statistics/268830/unemployment-rate...
        ShinTakuya 7y ago
        I'm assuming you mean than the US. The Netherlands, Hungary, Poland, Malta, Germany and Czech Republic aren't in the EU? Last time I checked they were. Germany and the Netherlands have some of the highest minimum wages in the world, and yet they have unemployment rates that are lower than the US. Moreover, your claim was that most of the countries have twice the unemployment rate of the US. Your very own source shows that only 5 of the 28 nations have double or more, and less than half have an unemployment rate 50% greater than the US. Are you going to admit to your lie or are you going to change the story?
    - deleted 7y ago
      [deleted]

scarface74 7y ago

I bet your country also has universal healthcare and a better safety net.

ShinTakuya 7y ago
Sure, and there's nothing stopping your country from doing the same. I mean healthcare is basically irrelevant since minimum wage workers can't afford to look after health conditions regardless of whether or not they have a job. Regardless, there's no observed correlation between minimum wage and unemployment if that's what you're getting at.
- scarface74 7y ago
  Well, the unemployment rate in most European countries is twice that of the US....
  - ShinTakuya 7y ago
    What about all the many years before 2014 that the US unemployment rate was significantly more than almost all of the European countries? Did the lack of minimum wage help in 2010 when the unemployment rate was 10%? Also, that's a flat out lie. Greece, Spain, and Italy are pulling up the average with their huge unemployment rates, and the vast majority of unemployment rates besides that are almost the same as the US and in some cases lower.
    - scarface74 7y ago
      Every country in the EU has a higher rate than the EU. https://www.statista.com/statistics/268830/unemployment-rate-in-eu-countries/ https://www.statista.com/statistics/268830/unemployment-rate...
      - ShinTakuya 7y ago
        I'm assuming you mean than the US. The Netherlands, Hungary, Poland, Malta, Germany and Czech Republic aren't in the EU? Last time I checked they were. Germany and the Netherlands have some of the highest minimum wages in the world, and yet they have unemployment rates that are lower than the US. Moreover, your claim was that most of the countries have twice the unemployment rate of the US. Your very own source shows that only 5 of the 28 nations have double or more, and less than half have an unemployment rate 50% greater than the US. Are you going to admit to your lie or are you going to change the story?
  - deleted 7y ago
    [deleted]