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Valued Social Butterfly
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Re: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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Message 21 of 25

A totally fallacious description of events. What the GOPers did was the equivalent of taking a survey by asking what people think of apple pie slathered with moose-poop and then claiming their survey proves Americans do not like apple pie.

 

The economic consequences of raising the minimum wage is HIGHER WAGES FOR EVERYONE, GREATER ECONOMIC GROWTH AND LESS POVERTY. That is what happened each and every time the minimum wage was raised, but Republicans have spent a lifetime denying any benefit from acts to benefit the poor, so they do what they always do THEY LIE!

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Treasured Social Butterfly
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Re: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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Message 22 of 25

Support has dropped among the ignorant trash that attend tRump rallies...

44>dolt45
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Trusted Social Butterfly
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Re: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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Message 23 of 25

What a shame that millions would have to get off safety net programs, right? Smiley Happy

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Re: Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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Message 24 of 25

@KidBoy2 wrote:

https://thelead.com/articles/support-for-15-minimum-wage-plummets-when-americans-are-told-its-econom...

 

Minimum wage laws, I’ve noted, are popular with the public. This no doubt explains why House Democrats passed a bill Thursday that would raise the federal minimum wage to $15 an hour.

Yet the minimum wage’s apparent popularity might be political pyrite (fool’s gold).

A newly published Business Insider survey found that support for the minimum wage wilts when Americans—both Republicans and Democrats—are told of its full economic impact.

Of the 1,100 poll respondents, 63 percent supported raising the federal minimum wage to $15 an hour. Just 22 percent opposed the policy.

However, when told of the Congressional Budget Office’s recent finding that raising the minimum wage to $15 an hour would cost an estimated 1.3 million jobs, respondents soured on the policy.

After being told that "a proposed policy" to raise the minimum wage could lead to 1.3 million job losses, people were considerably less enthusiastic. Thirty-seven percent of respondents would support a policy with those implications, considerably down from the 63% who backed a $15 minimum wage.

The CBO, which projected that job losses could be as high as 3.7 million, explained in their report who would be most affected by the minimum wage hike.

The $15 option would alter employment more for some groups than for others. Almost 50 percent of the newly jobless workers in a given week—600,000 of 1.3 million—would be teenagers (some of whom would live in families with income well above the poverty threshold). Employment would also fall disproportionately among part-time workers and adults without a high school diploma.

If Business Insider’s survey is accurate, it provides a roadmap for defeating minimum wage laws: Educate people on the economic consequences of the minimum wage. For better or worse, with more states and cities adopting such policies, it appears we’ll soon have an abundance of new empirical evidence.

 

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Another example of how a Democratic proposed law will hurt our country.  


Well there is one way to see what happens with a higher MW look at places that have them. You will find nothing happens that backs up what the far right tells us. We have places like that in the State I live in, and they thrive. I visit there all the time and most prices are the same as where I live. We see the far right use the same old tired excuses not to raise it, but when you do raise it bad things do not happen. More nonsense by the far right.

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Support for $15 Minimum Wage Plummets When Americans Are Told Its Economic Impact

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Message 25 of 25

https://thelead.com/articles/support-for-15-minimum-wage-plummets-when-americans-are-told-its-econom...

 

Minimum wage laws, I’ve noted, are popular with the public. This no doubt explains why House Democrats passed a bill Thursday that would raise the federal minimum wage to $15 an hour.

Yet the minimum wage’s apparent popularity might be political pyrite (fool’s gold).

A newly published Business Insider survey found that support for the minimum wage wilts when Americans—both Republicans and Democrats—are told of its full economic impact.

Of the 1,100 poll respondents, 63 percent supported raising the federal minimum wage to $15 an hour. Just 22 percent opposed the policy.

However, when told of the Congressional Budget Office’s recent finding that raising the minimum wage to $15 an hour would cost an estimated 1.3 million jobs, respondents soured on the policy.

After being told that "a proposed policy" to raise the minimum wage could lead to 1.3 million job losses, people were considerably less enthusiastic. Thirty-seven percent of respondents would support a policy with those implications, considerably down from the 63% who backed a $15 minimum wage.

The CBO, which projected that job losses could be as high as 3.7 million, explained in their report who would be most affected by the minimum wage hike.

The $15 option would alter employment more for some groups than for others. Almost 50 percent of the newly jobless workers in a given week—600,000 of 1.3 million—would be teenagers (some of whom would live in families with income well above the poverty threshold). Employment would also fall disproportionately among part-time workers and adults without a high school diploma.

If Business Insider’s survey is accurate, it provides a roadmap for defeating minimum wage laws: Educate people on the economic consequences of the minimum wage. For better or worse, with more states and cities adopting such policies, it appears we’ll soon have an abundance of new empirical evidence.

 

=======================================================

 

Another example of how a Democratic proposed law will hurt our country.  

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