Raising wages reduces costly employee turnover and increases productivity. When the minimum wage goes up, employers can enjoy these benefits of paying higher wages without being placed at a competitive disadvantage, since all companies in their field are required to do the same. Raising wages also puts money in the hands of consumers, boosting demand for goods and services.

For these reasons, nearly 1,000 business owners and executives, including Costco CEO Jim Singeal, U.S. Women’s Chamber of Commerce CEO Margot Dorfman, Addus Health Care CEO Mark Heaney, Credo Mobile President Michael Kieschnick, ABC Home CEO Paulette Cole, and small business owners from all 50 states, signed a Business for a Fair Minimum Wage statement supporting the last increase in the federal minimum wage. As their statement explained, “[h]igher wages benefit business by increasing consumer purchasing power, reducing costly employee turnover, raising productivity, and improving product quality, customer satisfaction and company reputation.”

jerseyhoya wrote:

SK790 wrote:

Polar Bear Phan wrote:

SK790 wrote:it's so dumb the studies that have been done in places where $15/hr has already been put in place have shown it to be wildly successful. i'm sure you have plenty of talking points about how prices are going to rise and employment will go down(which directly contradicts the studies).

Really? You have any citations for this in academic journals?

[For reference, this is in contrast to what PolitiFact found only a couple of months ago.]

From the super liberals at Goldman Sachs:

http://cepr.net/blogs/cepr-blog/2014-jo ... nimum-wage

From where I sit in Shillistan, I can't help but note this says absofuckinglutely nothing about a $15 minimum wage.

CalvinBall wrote:

jerseyhoya wrote:

SK790 wrote:

Polar Bear Phan wrote:

SK790 wrote:it's so dumb the studies that have been done in places where $15/hr has already been put in place have shown it to be wildly successful. i'm sure you have plenty of talking points about how prices are going to rise and employment will go down(which directly contradicts the studies).

Really? You have any citations for this in academic journals?

[For reference, this is in contrast to what PolitiFact found only a couple of months ago.]

From the super liberals at Goldman Sachs:

http://cepr.net/blogs/cepr-blog/2014-jo ... nimum-wage

From where I sit in Shillistan, I can't help but note this says absofuckinglutely nothing about a $15 minimum wage.

Still waiting for your alternative.

jerseyhoya wrote:Calling out bad policy as bad policy is worthwhile all on its own.

JFLNYC wrote:
The Pitchforks Are Coming... For Us Plutocrats

drsmooth wrote:

JFLNYC wrote:
The Pitchforks Are Coming... For Us Plutocrats

This seems like a good bookend for your Plutocrats article, JFL (is it still NYC? thought you'd fled for FL?): When The Robots Rise. I'm wary of anything even remotely associated with the antiChrist that is Kissinger, but this thing at least stirs some usefully-stirred pots

drsmooth wrote:

Bucky wrote:
one of my best friends is a cobbler and he does quite quite quite well for himself

I'll take all the rhubarb he can bake up

azrider wrote:Take health care and workers comp out of the hands of businesses, raise the minimum wage to 12.50 dollars an hour, everyone wins. Fund healthcare through a combination of income/consumption taxes with credits and caps.

jerseyhoya wrote:Trump reportedly considering a pro choice Dem ex general for VP. Kinda hope he goes that route just to see the spin from the pro Trump "the GOP is insufficiently conservative" voices on talk radio and Fox justifying it.