General Discussion
In reply to the discussion: Can someone answer my question about the minimum-wage hike? [View all]eniwetok
(1,629 posts)Where have I EVER made any supply side argument? I've argued that we MUST raise the MW... and if we're talking a NATIONAL MW... it will apply to the most unskilled worker even in depressed areas of the county... and I favor that to be what was once the HIGHEST the MW has ever been which today would be $11... and if states or cities want to go higher.
How TF is that a right wing or supply side argument? In ALL the OECD nations if we look at their MWs in terms of US dollars and parity purchasing power the HIGHEST nation is Luxembourg at $11.20. Here are the numbers and the source
From https://stats.oecd.org/Index.aspx?DataSetCode=MIN2AVE
USD 2014 Purchasing power parity (PPP) in 2014 dollars... hourly MW
United States $7.2
Canada $8.2
United Kingdom $8.2
Ireland $8.7
New Zealand $9.1
Netherlands $9.6
Belgium $10
Australia $10.9
France $10.9
Luxembourg $11.2
Some here use a very high Australian MW but that's based on the exchange rate.. which would be $15.2 in 2014. PPP exchange rates help to minimize misleading international comparisons that can arise with the use of market exchange rates.
So if someone wants to falsely call me a right winger when I'm advocating for $11... a whopping 20c below the HIGHEST OECD MW... then f*ck them. I just tire of someone claiming that a PLAUSIBLE theory must be factual... and we can safely base policy on it. I'll object if it's some right winger claiming that irresponsible tax cuts pay for themselves... or if a Dem is making a similar magic wand argument about a $15.