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  1. #1
    Join Date
    Apr 2009
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    Central Iowa
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    $15/hr Minimum Wage -- Good of Bad?

    Is it a good idea to raise the minimum wage to $15/hr? The CBO doesn't think so:
    https://www.cbo.gov/system/files/202...nimum-Wage.pdf

  2. #2
    Join Date
    Dec 2007
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    Washington
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    Quote Originally Posted by catman View Post
    Is it a good idea to raise the minimum wage to $15/hr? The CBO doesn't think so:

    https://www.cbo.gov/system/files/202...nimum-Wage.pdf
    No it doesn’t...

  3. #3
    Join Date
    Sep 2006
    Posts
    37,136
    That document is interesting.

    It does include things debated here:
    - unemployment is expected to increase 1.4 million lost jobs
    - cost of goods is expected to increase
    - .9 million people no longer living in poverty
    - better health potential for low wage workers

    It also implies, to me anyhow, that it's a net positive. More reading to do though.

  4. #4
    Join Date
    May 2007
    Posts
    58,441
    Surely a sign of the end times.

  5. #5
    Join Date
    Mar 2017
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    2,718
    Quote Originally Posted by catman View Post
    Is it a good idea to raise the minimum wage to $15/hr? The CBO doesn't think so:
    https://www.cbo.gov/system/files/202...nimum-Wage.pdf
    That’s not remotely a conclusion reached by that study.

  6. #6
    Join Date
    Jun 2008
    Posts
    6,884
    Does it help the low wage workers if they lose their job due to the wage increase? And makes it harder for them to find a new job with the elimination of nearly 2M jobs?


    Sent from my iPhone using Tapatalk

  7. #7
    Join Date
    Jul 2005
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    parts unknown
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    56,521

    $15/hr Minimum Wage -- Good of Bad?

    Quote Originally Posted by Brewersfan255 View Post
    Does it help the low wage workers if they lose their job due to the wage increase? And makes it harder for them to find a new job with the elimination of nearly 2M jobs?


    Sent from my iPhone using Tapatalk
    No. It also doesn’t help to only look at one side of the ledger 100% of the time, dismiss any study that disagrees with you, and champion anyone that agrees with you. What I’m saying there are positive and negatives. Also you are a partisan hack


    Sent from my iPhone using Tapatalk
    Last edited by ewing; 02-09-2021 at 09:07 AM.
    Rep Power: 0




    Quote Originally Posted by Raps08-09 Champ View Post
    My dick is named 'Ewing'.

  8. #8
    Join Date
    Mar 2017
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    5,097
    This bill is dead now.
    "The hottest places in hell are reserved for those who, in times of great moral crisis, maintain their neutrality.”

    -JFK


  9. #9
    Join Date
    May 2005
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    right here
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    is the current minimum wage the same in every state in America or is it different?

    can any connection be made for what could happen in America from those that think $15 would be bad, based on the minimum wage in Canada? minimum wage here is $14 an hour.


    ¯\_(ツ)_/¯

    a person is smart. people are dumb, panicky, dangerous animals.
    #TrumpDerangementSyndrome


  10. #10
    Join Date
    Jul 2011
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    6,670
    Quote Originally Posted by SpecialFNK View Post
    is the current minimum wage the same in every state in America or is it different?

    can any connection be made for what could happen in America from those that think $15 would be bad, based on the minimum wage in Canada? minimum wage here is $14 an hour.
    We have a federal minimum wage($7.25), but many states set their own minimum. Illinois, the state I am in, has a minimum of $11 now that will increase gradually to $15 over the next few years.

  11. #11
    Join Date
    Mar 2007
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    Quote Originally Posted by benny01 View Post
    We have a federal minimum wage($7.25), but many states set their own minimum. Illinois, the state I am in, has a minimum of $11 now that will increase gradually to $15 over the next few years.
    Canada’s is set up the same, provinces set their own minimum wage but there is no federal minimum wage. Ranges from $11.25 in Saskatchewan to $15.00 in Alberta right now.

  12. #12
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    Jul 2011
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    Quote Originally Posted by Bramaca View Post
    Canada’s is set up the same, provinces set their own minimum wage but there is no federal minimum wage. Ranges from $11.25 in Saskatchewan to $15.00 in Alberta right now.
    So, if we adjust for our(us) dollar, you guys are roughly at $9.25-$12.50, which would be in line with most of the states that are off of the federal minimum.
    Last edited by Scoots; 02-09-2021 at 11:13 AM.

  13. #13
    Join Date
    Jul 2011
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    6,670
    Wow, that's sloppy grammar. I can't edit my posts since I've been a mod. Lol

  14. #14
    Join Date
    Sep 2006
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    37,136
    Quote Originally Posted by Brewersfan255 View Post
    Does it help the low wage workers if they lose their job due to the wage increase? And makes it harder for them to find a new job with the elimination of nearly 2M jobs?
    No. But the oft stated idea behind the change is to improve the quality of the lives of the people who keep their jobs. The lost jobs is an accepted effect.

  15. #15
    Join Date
    Sep 2006
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    37,136
    Quote Originally Posted by benny01 View Post
    Wow, that's sloppy grammar. I can't edit my posts since I've been a mod. Lol
    You should be able to edit your posts, I certainly can.

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