Wrangor
Go Deacs
- Joined
- Mar 24, 2011
- Messages
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CNN reporting he will raise minimum wage on all federal contract work (his limits of power in the executive order) to $10.10.
Then proceeds to push the senate bill to do the same for all jobs while claiming he is aiming to help businesses create more jobs. I get the desire to increase the minimum wage. I don't get the disconnect about creating more jobs. Increasing labor costs by 30% will not create more jobs it will create less jobs.
And all increasing federal contract minimum wage jobs will do is make the bids higher for the government to accept. So we are just going to pay more for the same job. Perfect example of ideology over practicality. You want to increase minimum wage? Bump it a quarter and allow businesses a chance to swallow the increase. Set up a plan to increase it in the future. Jumping wages 30% is just dumb business if your goal is create jobs. The result is going to be fewer jobs, more automation, more jobs sent overseas, and more people reliant on welfare because they can't find a job.
Then proceeds to push the senate bill to do the same for all jobs while claiming he is aiming to help businesses create more jobs. I get the desire to increase the minimum wage. I don't get the disconnect about creating more jobs. Increasing labor costs by 30% will not create more jobs it will create less jobs.
And all increasing federal contract minimum wage jobs will do is make the bids higher for the government to accept. So we are just going to pay more for the same job. Perfect example of ideology over practicality. You want to increase minimum wage? Bump it a quarter and allow businesses a chance to swallow the increase. Set up a plan to increase it in the future. Jumping wages 30% is just dumb business if your goal is create jobs. The result is going to be fewer jobs, more automation, more jobs sent overseas, and more people reliant on welfare because they can't find a job.
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