Nick Hanauer Flattens Right Wing Lies On Minimum Wage

[applegrove]

Nick Hanauer Flattens Right Wing Lies On Minimum Wage

by Heather at Crooks and Liars

http://crooksandliars.com/2016/06/nick-hanauer-flattens-right-wing-lies

"SNIP.............


HANAUER: The idea that drives that is this incredible, insidious, repeated thing, which is, if jobs go up, employment goes down. If wages go up, employment goes down. […]

And the thing is that it has been repeated endlessly in our country and the facts are there is no evidence for this whatsoever, but if you can get the broad public to believe that if wages go up, employment will go down, you get forty years of wage suppression.

.........

Nonsense. We have been raising the minimum wage for 78 years, and as a new study clearly reveals, 78 years of minimum-wage hikes have produced zero evidence of the "job-killing" consequences these headline writers want us to fear.


.............SNIP"

[Warren Stupidity]

1. So why is Clinton against 15?

[applegrove]

2. Because different parts of the country are more expensive than others. She's for the 15 in markets

that work it out to be expensive. I think it should start at 15 across the country. I think it should be that to reflect the workers share of the the higher productivity the USA has.

[Warren Stupidity]

6. So you completely missed the point of the op

you posted as it applies to the candidate you support.

Well done.

[pansypoo53219]

3. in high cost markets like NYC it should be $20.

holding it FLAT over a decade means we need to do more. FERTILIZE THE BOTTOM, NOT THE TOP!

[meow2u3]

4. Why not a compromise?

Make the minimum wage $12.50 and index it to inflation. Yes, I mean COLA raises.

[moondust]

5. I think I still like

the Swiss "1:12 Initiative," an alternative to a national minimum wage that said the best paid employee in an organization shall make no more than 12 times the worst paid employee. It was voted down in a referendum after some greedy corporate execs threatened to move their corporations out of the country if it passed.

http://www.spiegel.de/international/europe/swiss-debate-about-1-12-executive-pay-cap-initiative-heats-up-a-935114.html