General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Titanium Rain
ReasonTV
comments
Comments by "Titanium Rain" (@ChucksSEADnDEAD) on "Stossel: Minimum Wage Hurts Beginners" video.
"If people/the average American would be paid a higher/fair/living wage then they'd have more money to use and send back into the economy" - but things would cost more which means that the vast majority of people would spend less. "They would also pay more taxes (income tax)" - fuck off. Give them a higher wage and then tax the fuck out of it? That's fucking dumb. Seriously...
2
@jayzenitram9621 I fail to see how that is relevant. Unions formed for the purpose of collective bargaining. Federally mandating X dollars per hour, if anything, undermines collective bargaining.
2
@jayzenitram9621 I mean, the term "livable wage" opens another can of worms. Federally mandating a number based on cheap areas would prove insufficient for more expensive places, and mandating a number based on expensive urban areas would kill businesses. "both are born out of a desire for a livable wage?" - well, minimum wage was born out of eugenics programs to prevent the poor from breeding by making them unemployable. So right there they can't be compared. Second, collective bargaining is an attempt to find a market balance for the value of one's labour. If you demand 15 dollars an hour but there's plenty of people who work just as well as you do for 7, your labour isn't really worth 15 dollars. If nobody is willing to do what I ask for a measly 7 dollars then it means that the jobs I have to offer are too hard for anyone to bother showing up for that low pay. The difference between collective bargaining and minimum wage is that a value of labour set by the market is much less problematic than a mandated value essentially meaning that both easy jobs and hard jobs have the same value because of the minimum legal baseline. "What union represents McDonald's workers?" - what is that even supposed to mean?
2
@MrAmystic "burden of having a society" - wrong place to discuss that, "we live in a society" isn't considered an argument here "but when they do they should contribute a fair share to help make America better" - most taxes are paid by the wealthy already "taxes should go to help fund welfare project that would help all Americans: free health-care, free education, etc." - if you actually research you'll see that the more the American government spends on those things the more expensive and lower quality those services get. Using public money to write blank checks has ensured that healthcare and education costs rise exponentially while goods provided by the free market drop in price. "Instead of giving the richest of the richest tax breaks..." - because the purpose of a tax break is to increase tax revenue. If you tax more, the rich close down their business, take their money to tax havens, etc. and tax revenue plummets. If you tax less, there's a break even point where the low taxes promote the investment in supply and bring enough jobs to increase demand which improves the economy.
1
@jayzenitram9621 and labour unions were against minimum wage because they knew that a legal minimum would allow companies to all pay the legally mandated minimum and refuse to pay more.
1