Originally Posted by mcbear
I find it very interesting that the same people who support offshoring and global trade [even though those governments set artificial tariffs] with the concept that "a rising tide raises all boats" turns and fights a raise in minimum wage because "a rising tide raises all boats"?
Incidentally, this isn't me. The playing field needs to be level - that's fair. Setting an artificial minimum standard of living threshold to which all working American's would be entitled isn't fair.
If I'm an high-school graduate working my way through college as an entry-level technologist making $25,000 per year, and the lefties set some ridiculous "living wage" threshold that states anyone working full time is entitled to $25,000 per year, I'm no longer being rewarded for my skills and talents. I'm essentially a "minimum wage" worker, just like Juanita or whoever puts sheets on fucking beds in a hotel room. Now then, if you think employers of professional workers aren't going to feel the pressure to up wages significantly, and that this won't send a shockwave from the ground floor all the way to the board room, you're smoking some pretty good shit. It's a domino effect - if my previous 'subordinate' on the pay scale is now my 'peer' because of a federal mandate, I need the company to make an equivalent adjustment. And they will, because the labor market is tight in this country.
We're not talking about $15k per year at a restaurant to be soaked up by adding $0.10 to a glass of soda - we're talking about the cost of doing business in America going up by billions and billions of dollars overnight. TELL ME that isn't going to create inflationary pressure. TELL ME that isn't going to ULTIMATELY HARM the very people it was designed to help.
Companies will have two choices. Pay the piper, or offshore. Either way, everyone gets fucked in the ass by a few well-meaning but utterly idiotic bleeding-heart liberals.
The living wage is a fantasy. It is a drunken, filthy orgy of liberalistic idealism. The minimum wage is the "R" rated version of the same film.