Minimum wage should be $30)hour

This is why letting everyone vote was a terrible idea.

In what ignorant leftist universe could the minimum wage literally be higher than the current average wage in America.

Great idea. Might as well ensure all manufacturing has to go overseas since America will be non competitive in 90% of global industries. This scheme of the US printing money then getting the rest of the world to send us real stuff does not last for ever. This wealth effect concept that we can raise everyone's standard of living by giving them more money is absolute nonsense. The world has regressed insanely in the field of economics when not only are we debating these absurd minimum wages but UBI is becoming a real discussion.

We just had a year of COVID UBI and now we have out of control inflation and people didn't want to work. Who would have thunk it? But it did make people more dependent on the government so from a politicians standpoint it was a roaring success.

What is wrong with you? Did you have three martinis for lunch? You do know, I am NOT the O.P. I did not state I am an advocate of $30 per hour minimum wage. I conceded decades from now, $30 per hour may be the minimum wage. I hope you are not this clumsy when not posting on this site.

You won't become wealthy. Purchasing power will drop with the increase as cost of goods goes up with the increased wages needed to pay workers.

With the inflation, the purchasing power might actually be lower so even though your bank account looks bigger, what exactly are you going to buy more of.

The issue of inflation needs to be dealt with....stop printing more money for stupid ideas like this.

As someone who works in Finance its always an eye opener to read how few people understanding purchasing power and the economic forces which comes with higher minimum wages.

That said if you want to go the more socialistic route (not my stand point ...) sadly the best way is probably for the government to give out subsidies for lower earning households and to fund it from taxing the rich via a wealth tax or increased capital gains tax.

Again that comes with a load of other problems and is not a great idea but it's a better option than increasing the minimum wage level to an exorbitant amount

Well, if 1000 is in play (according to you), then 30 shouldnt be hard. Thanks for your cerebral response.

How ironic of you. 80% of republicans believe the election secretly stolen. Yet...we still let those crazy people vote. No corporation or self respecting business would let crazy people who believe the earth is flat determine the fate of the rest. If it were not for backwater southern states and no mans land, GOP would never win another election. The more smart people that vote, the worse off the gop is statistically. Thank god everyday for the electoral college my friend (and foxnews)!

I know this is LRC & all but, to me, it seems like a lot minimum wage jobs are held by adults working for major corporations. Most industries are dominated by a handful of corporations. Small businesses are not job makers in today's economy. You can't have it both ways -- you don't get to slam advocates for paying workers a living wage & just give the corporate talking points. &, if you're doing that, surely you should be for unionization. Let workers sit down with corporations & figure out if they can do better than minimum wage. What's wrong with workers finding out their worth in the free market?

let america remain a free market, all the other countries are becoming too socialist

But the trouble is that there is no free market in the US. It's a socialist welfare state for the corporations. They get bailed out all the time and a lot of their workers cost have to be payed by the taxpayer.

Yes, let’s make the minimum wage $30/hour and tax $20/hour of it to finance a public option for health care and higher Ed, and also free replacement trainers for anyone who covers at least 300 miles (verified with an embedded accelerometer) in their current ones. If any remaining money could be used to combat call and text spam, annoying online ads, and LR website bugs please.

No.. about v2% of workers earn minimum wage. This includes young seasonal employees, kids on summer break and waiters. So as you can see almost no full time adult workers actually make minimum wage. It's a mainstream Media buzztopic, nothing more.

Employers always want cheap labor, employees always want more money. This is just an exercise to see which side people are on. I will always side with workers, up to the point where the system would break down. Right now, the employers have all the political power, but unions are starting to make a small comeback. We need a national union that can negotiate appropriate wages, whatever that number might be.

To go along with it, we need to regulate industries that fleece the people, destroy the environment or exploit our natural resources. The pandemic taught a lot of people that business and career is a fruitless pursuit, especially in the corporate world. We need to localize more businesses and industries instead of letting giant corporations suck all the money out of our communities.

This is why I avoid LRC on these topics... if you look at the data, 44% of workers making minimum wage are 16-24. But they only make up 25% of that group. The majority of minimum wage workers are adults trying to get by. I know it doesn't fit your argument but stop misleading people.

~1/3 of US workers make less than $15/hour.

A lot of the workers we're talking about are adult who work for major, & profitable corporations.

Enough with the bootlicking. Idk if raising the wage will solve all of our problems because corporations will do anything to 1) not pay their workers a fair wage, concentrating profits at the top & with shareholders & 2) pay their fair share in taxes.

The best scenario is something that doesn't exist: moral capitalism. Corporations can pay their workers more, provide better benefits, & not raise prices on consumers. Land lords can choose not to increase rents. More people in the US should be able to live more comfortable. Problem is that we can't trust corporations to do this on their own & raising the minimum wage will probably just result in the buck being passed onto consumers so increased wages will not equal better economic standing.

I think bringing back a robust union culture in the US can help curb some of this stuff. Some people will just have a kneejerk reaction to unions but what's so wrong about workers sitting down with their employers 1 on 1 & opening up the books together? If there's no $$$, fine, but let the workers see if more profit sharing can happen. Middle class share of income was at its highest in the US when union membership was at its highest. That didn't happen by accident. With an increase in unionization, the government needs to work to provide competitive alternatives to different sectors that are dominated by a handful of corporations so the buck can't just be passed off to consumers. Look at health care, prescription drugs, housing, utilities, etc. We need the government to intervene while workers engage in collective bargaining with lucrative employers.

Wishful thinking as a coach. Just resigned after 8 years and coaching a NCAA Champion and still wasn’t making 25k. Reasons why our sport is dead/dying.

Terrible idea, unless you want inflation of 100+%. Why work hard to get ahead when you can do some super easy menial job and earn $60k/y? Imagine working hard for a decade to get to $55k/y and then suddenly the idiot new hires get $60k. This would force immediate renegotiation of virtually every salaried person in a company… massive inflation. Next virtually every service agreement would need to be renegotiated and until this happens, there would be work stoppages. Finally, you’d have every possible job outsourced or performed by a robot. The actual solution is the opposite. Eliminate minimum wage all together. Pay people based entirely on merit.

I just ran by an electronic sign that said Alaska State Troopers is recruiting, with starting salaries of $70K-100K.

There should be no minimum wage. Let your talents and the market dictate what you are worth.