Comments by "whyamimrpink78" (@whyamimrpink78) on "Republicans Aren't Listening" video.

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  3. +Oscar Chabrand Climate change is a different issue than the min. wage. In theory any price setting does not work, even Paul Krugman says that in his textbook. People will naturally change their ways if something becomes too expensive. If the government were to set a price floor on cars at $10,000 several people won't buy cars, and certain cars will not get sold (such as used cars). The same is with labor. With climate change there is a lot of doubt in what is happening as if it is really bad. Climate change is happening but how strong of a role man is playing is in question. With the min. wage there is a strongly supported theory in price setting such as price floors not working and it is seen in the data. I feel there is not one single good reason to even have a min. wage. And from what I read it is basically 50/50 on if it should be raised or not. What I do know, buy studying statistics is that the min. wage is a very small portion of the massive economy. Christina Romer even admits that. So thus the current min. wage, and any raises in the past have put a minute effect on the economy. That is why in some areas you can see a higher min. wage and low unemployment, there are other, stronger factors involved. To me, though, all effects are bad and gets lost in the statistical noise. But the effects are not devastating. The issue with Bernie is that he wants a one size fits all $15/hr min. wage. My hometown simply can't afford that. Not businesses, my entire town. Small, midwestern towns in agriculture communities simply don't generate much revenue, but cost of living is lower as well. A $15/hr min. wage simply will destroy those towns. That is over a 100% increase. That is my issue with Bernie Sanders, and liberals in general. They are all rhetoric and no specifics. $15/hr is high. When the min. wage was raised to $7.25/hr the business I worked for in my hometown cut workers, raised prices and cut hours. It hurt that business and community. The same goes for Bernie wanting to create jobs by "rebuilding our crumbling infrastructure". One, what is crumbling? Next, if you build something that people don't demand then that is a waste. Mainly, though, where is the money going to come from? If these businesses are paying workers more than how do they have more money to tax? Also, what is "their fair share"? We need a hard value. At least Bernie gave a value of $15/hr on the min. wage. I can't take what he says seriously unless he first gives me a hard value, and then says why. The pure fact is that the money is not there. It also goes against what money is. To really understand how flawed Bernie's plans are you have to learn what money is. It isn't some finite resource. Money has to be invested to generate value. Spending it to build things people don't want is devalue money.
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