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So is picking fruits and vegetables. There is endless labor supply. If one doesn't work out you find another. It doesn't matter how hard people in the business
by ntsplnkv2 6y ago
So is picking fruits and vegetables. There is endless labor supply. If one doesn't work out you find another. It doesn't matter how hard people in the business think it is - it requires no credentials or education and there is no bar. That's just reality - I feel for people who have to work in that industry, but that's just life.
Your second argument is just, not a real argument. It ignores why the minimum wage could be raised. Subsidies work when other places of the economy can provide said subsidy. When the rest of the economy starts to suffer the subsidy can no longer be provided and the economy collapses - the USSR is a great example. The economy couldn't sustain itself, it collapsed. Now you want to raise the minimum wage, whenever the fed is pumping billions into the economy. The value of the dollar would plummet and inflation would go out of control.
> Right now, the taxpayers are subsidizing jobs anyway: 70% (!!!) of SNAP/food stamps or Medicaid recipients work full time, with McDonald's and Walmart being in top spots (https://www.cnbc.com/2020/11/19/walmart-and-mcdonalds-among- https://www.cnbc.com/2020/11/19/walmart-and-mcdonalds-among-...). These companies could also pay their workers a living wage and provide them with medical insurance and still be profitable!
The reason this works is because cheap foreign labor/goods can subsidize walmart paying potential higher wages. If, globally, this minimum wage was mandated, walmart would not be able to afford it, no.
- mschuster91 6y ago> It doesn't matter how hard people in the business think it is - it requires no credentials or education and there is no bar. That's just reality It is indeed. But still, someone working on a farm full time should be able to live off of that income. If the farm cannot pay a living wage, its products are too cheap. If the farm can't get more for their product because foreign competition undercuts them - well, that is precisely for what tariffs were invented, to protect domestic industries from wage dumping.
- ntsplnkv2 6y agoWhy? You're asking a farmer to be subsidized by everyone else, but you're not saying why we should. Because economically, it's great that the farmer can have a living - not so great for the poor family that can't afford his overpriced produce.
- mschuster91 6y agoThen the government should take care that minimum wage is high enough that people can afford healthy food.