Oh, right Matt. How dare I bring up factual evidence that undermines the unsubstantiated conservative claim that raising the minimum wage costs jobs and/or results in inflation. If Australia bothers you, look into every other industrialized country; they all have a higher minimum wage and standard of living than the US
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News flash for those of you who have never understood a right wing poll. Close to 2/3rds approve of a higher minimum wage.
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1 thing sure, anything coming from U.C. Berkeley is 100% liberal hogwash BS!!!
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LA TIMES. Money and Co.
Michael Saltsman, research director of the Employment Policies Institute, points to a 2006 study that found that each 10% increase in the minimum wage boosted quick-service menu prices by 1.6% and could reduce industry employment by as much as 2.5%.
Based on those figures, a $15 minimum wage would cause as much as a 17% surge in fast-food prices and a nearly 27% slide in employment, Saltsman estimated.
But UC Berkeley’s Allegretto argues that raising the minimum wage could pay long-term dividends that would ease the pressure to raise menu prices. The fast-food industry is notorious for its employee turnover – greater than 75% annually, according to some estimates.
“Constantly having to recruit and retrain new workers is very costly,” she said. “If they had a higher wage and were more apt to want to stay in their jobs, that would lower those costs. You’d get more productivity gains from a workforce that isn’t constantly turning over.”
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Have you anything more interesting than bringing up Australia? I only ecently saw other references to that and I swear there's more than a little bit of groupthink going on with that...I'm thinking it's all coming from the same source and everyone else is just regurgitating it.
In North Dakota only 7% are being paid minimum wage (3%) and (4%) below minimum wage. The majority of these are tipped employees or those under 16. The tipped employees are payed a minimum of $4.86 per hour. The average salary for tipped employers as quoted by the bureau of labor stats is $19,230 per year
the minimum wage in Australia is $15.96/hour, their unemployment is %5.6, and the cost of a fast food meal is only about %15 more than in the US. I'd gladly pay a bit more to eat crappy fast food if the employees are getting paid a fair wage.
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Remember no facts are needed for BDGI just accusations and prevarications.
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Of course BDGI has no proof to back up his idiotic math. His obsessive hatred of President Obama rules over everything so of course he's against it.
If President Obama cured cancer, he'd scream he put doctors out of work.
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You two actually think raising the minimum wage will eliminate the poor? HA HA HA you liberals never fail to amaze me!
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all raising the minimum wage does is raise the cost of living and taxes.... it's just a ploy of the government to get more taxes
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I totally agree namexxx the heck with the working poor,lets put it all in "defense" and orphan more babies in the middle east.
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No. Let the churches and charity organizations pick up the slack. We have a war to fight.
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