3 ms·

Plenty of folks would be perfectly happy flipping burgers instead of going to college, so there would be fewer qualified folks for the positions which currently

by endtime 12y ago

Plenty of folks would be perfectly happy flipping burgers instead of going to college, so there would be fewer qualified folks for the positions which currently pay 70k, so those salaries would go up (since supply would be going down), so some of those businesses would go bankrupt, etc.

onion2k 12y ago
A burger flipping job isn't a bad job simply because it's paid badly. It's boring, unfulfilling, tedious and people don't respect you for doing it. People would still go to college to get jobs that have those things. Arguably a high minimum wage would mean no one would want rubbish burgers any more, so perhaps burger flippers would have to retrain as chefs. That wouldn't be such a bad thing.
- duaneb 12y ago
  > It's boring, unfulfilling, tedious and people don't respect you for doing it. You can say the same thing about any job. I program. It's a terrible, worthless, respectless job. And yet, they're paid more.
- loco5niner 12y ago
  but instead of rubbish burgers costing $1.50, they will now cost $3.00
- endtime 12y ago
  > It's boring, unfulfilling, tedious and people don't respect you for doing it. People would still go to college to get jobs that have those things. Ha, they'd give up on years of income and pay tuition for that? Nope, I think a lot of people either wouldn't care enough, or just wouldn't be able to afford the opportunity cost. For many of the people whom a 70k minimum wage would affect, college is a financial investment, not a route to lack of tedium as an accountant or whatever.
newobj 12y ago
"QED"
littleweep 12y ago
If everyone made $70k though, wouldn't the amount of "buying power" that $70k commands now go down/prices of things would go up?
- duaneb 12y ago
  I would rather be able to buy less for myself than far more than my peer.
  - loco5niner 12y ago
    So, I'm your peer. You can send your extra money to me. That's how it works, right? (Do you need an address, or do you prefer PayPal?)
    - duaneb 12y ago
      Yes, and I do contribute to charities. Somehow I doubt that the average HN writer needs anything.
  - mycroft-holmes 12y ago
    You don't understand the parent's comment. Check my other comment.

by endtime 12y ago

onion2k 12y ago

A burger flipping job isn't a bad job simply because it's paid badly. It's boring, unfulfilling, tedious and people don't respect you for doing it. People would still go to college to get jobs that have those things. Arguably a high minimum wage would mean no one would want rubbish burgers any more, so perhaps burger flippers would have to retrain as chefs. That wouldn't be such a bad thing.

duaneb 12y ago
> It's boring, unfulfilling, tedious and people don't respect you for doing it. You can say the same thing about any job. I program. It's a terrible, worthless, respectless job. And yet, they're paid more.
loco5niner 12y ago
but instead of rubbish burgers costing $1.50, they will now cost $3.00
endtime 12y ago
> It's boring, unfulfilling, tedious and people don't respect you for doing it. People would still go to college to get jobs that have those things. Ha, they'd give up on years of income and pay tuition for that? Nope, I think a lot of people either wouldn't care enough, or just wouldn't be able to afford the opportunity cost. For many of the people whom a 70k minimum wage would affect, college is a financial investment, not a route to lack of tedium as an accountant or whatever.

newobj 12y ago

"QED"

littleweep 12y ago

If everyone made $70k though, wouldn't the amount of "buying power" that $70k commands now go down/prices of things would go up?

duaneb 12y ago
I would rather be able to buy less for myself than far more than my peer.
- loco5niner 12y ago
  So, I'm your peer. You can send your extra money to me. That's how it works, right? (Do you need an address, or do you prefer PayPal?)
  - duaneb 12y ago
    Yes, and I do contribute to charities. Somehow I doubt that the average HN writer needs anything.
- mycroft-holmes 12y ago
  You don't understand the parent's comment. Check my other comment.