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[–] dart200 4 points 13 points (+17|-4) ago 

get your proof outta here! Got no room for that in a libertarian wet dream!

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[–] ViolentlyMasticates 0 points 15 points (+15|-0) ago 

Honestly I'm surprised people are not listening to the argument for minimum wage. Do they want to remain wage slaves on literally tips per shift? Considering the Bernie Sanders circlejerk (which is pretty justified) around here, people still seem to have this weird idea that it will always be a bad thing.

Inflation is a major issue, and most companies in the world increase wages in order to keep up with inflation. Why should we prevent those on the lowest wages from having that? If its not being at least minimally matched to inflation, it means that the minimum wage goes DOWN every year inflation goes up.

I'm not saying Australia doesn't have issues, specially with union corruption (which is actually keeping wages pretty stagnant), but we've at least got minimum wages sorted out. America doesn't need as big of a jump to Australian standards as things in America are cheaper, but there definitely needs to be an increase.

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[–] dart200 0 points 1 points (+1|-0) ago 

It's this mindset that the "jerb-creators" need to be able to keep the money they make, so they can "trickle it down" later, or some bullshit like that. I feel that people reverse-rationalize wealth in America. If you got rich, then you must have worked for it. If you're poor, then you're a lazy asshole who needs to work harder. It's an incredibly manipulatable way to think, and powerful have definitely been taken advantage of it. Though I believe the rich power actually subscribe to the notion as well ... they literally believe their massive wealth justifies their existence, in that they are better than others. Money has powerful influences over their own internal biases.

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[–] GarrioValere 1 points 0 points (+1|-1) ago  (edited ago)

Wages go up, and then prices go up. People employed stay about the same, people unemployed have it harder. Nothing's improved, but the masses are placated enough that they don't fight for something better.

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[–] Ripper 2 points 1 points (+3|-2) ago 

C'mon 100% in 5 years will be with the price of inflation? I'm not arguing against a bump in minimum wage to rise with inflation, but my god the CPI stats of this country are grossly flawed and rigged so I think that will be even working against you. Let's see were Australia is soon with the commodities tanking and see what kind of effect it will have. I really don't even think that 15 bucks an hour is a livable wage anymore. I think that QE and negative real rates has stripped the value and wealth from the middle class that 15 bucks will just be like prescribing advil for pancraetic cancer.

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[–] ViolentlyMasticates 0 points 4 points (+4|-0) ago  (edited ago)

Again, as I said before, Australia is not some bastion of perfect ideas. We really screwed the pooch with the mining boom, which we should have taxed massively, and started investing in alternative energies. But no, we're fucked.

I do agree with you, that raising minimum wage is not going to fix the problems in America. Hell, it barely fixes it here. But it helps in the mean time, and it keeps wages from being completely stagnant, which is what is slowly happening in Australia. Of course no economy can go up perpetually, but it doesn't mean we should just throw in the towel right now and let it all drop down.

As much as people think that minimum wage only affects teenagers working fast food, there are many professional jobs that pay minimum wage. Interns, apprentices, first level jobs that people out of university are getting. These are people who are educated who are getting paid pittance, and we need to consider them as well. In fact, more often than not, those casual retail workers are making MUCH more than those on salary in entry level jobs, thanks to penalty rates.

Also, minimum wage doesn't come into full effect until you are 21 in Australia anyway. Under that, they can pay you less. I would imagine it would be similar in America.

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[–] sailorbrendan 0 points 0 points (+0|-0) ago 

I don't think we're going to manage to get a UBI in the next presidency but we've gotta do something.

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[–] Fuzzy_Dunlop 0 points 0 points (+0|-0) ago 

The effect minimum wage hikes will have on unemployment are definitely overstated, but raising it incrementally to keep up with inflation isn't proof that more than doubling it in a few years won't have some effect.

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[–] dart200 0 points 0 points (+0|-0) ago 

I doubt the effect is actually knowable from prior perspective, as much as economics will try to tell you. You can't calculate the benefit, nor the risk. We need to do it on the basis that it's the right thing to do, because people need livable wages, to actually live.