Tom Toles by Tom Toles

Tom Toles

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  1. Doughfoot

    Doughfoot said, 6 months ago

    In places and times where workers are in high demand, and workers can pick and choose where they will work, and have some bargaining power, the “minimum wage” is unnecessary. However, that is rarely the case in the modern world. Indeed, when such conditions prevail, employers complain of the “high cost” of labor and of the “unreliability” of workers who might go from job to job looking for better pay.

    You can argue that the “minimum wage” should be set at a level that encourages work and demand and prevents exploitation, but not so high as to cripple businesses, and that it should be maintained at that level by periodically adjusting it for inflation. It could certainly be set too high, but you would have to outdo even Seattle to do that. One might also want to have a lower “minimum” for apprentice workers; it need not be the same for teenagers as adults. One can also still dispute how often it should be adjusted, and how high it should be, but preserving its buying power is key.

    OR You can argue that “minimum wage” should be eliminated, and instigate a “race to the bottom” as businesses try to work out how little they can pay and still retain a workforce in the present “buyers’ market” for workers. If classical economics are correct, we’ll soon have “twice the jobs at half the pay” and the unemployment rate will fall along with median income, and the ranks of the working poor will rise. Employers will naturally like this idea if they are short-sighted (as most people are) because (except at rare times of high employment) it gives that much more power over their workforce and lowers their costs. Experience suggests, however, that such a policy will not create many more jobs, at least not enough to offset the ill effects of the policy. But standing for the elimination of the “minimum wage” is at least intellectually honest.

    The dishonest, and hypocritical stand is to argue that the “minimum wage” should exist, but it should be static and rarely, if ever, be raised, and never in a depressed economy (the only time it is really useful). This stand is just eliminating it by stealth, as the cartoon suggests. This is often the stand of those fools who say, with great sarcasm “Why not just raise it to $50 an hour and make every worker rich?” The best answer to which is “Why not just lower it to 50 cents an hour and cut every business’s costs, and make every business thrive?”

  2. Michael wme

    Michael wme said, 6 months ago

    Every single economic study shows that increasing the minimum wage destroys jobs and greatly increases unemployment. In fact, the current minimum wage is killing jobs, and any increase in the minimum wage would increase unemployment to levels not seen since the 1930s.

  3. Edward Clayton

    Edward Clayton said, 6 months ago

    “Every single economic study” shows nothing of the kind.

    http://www.cepr.net/documents/publications/min-wage-2013-02.pdf

  4. Jase99

    Jase99 said, 6 months ago

    "Indeed, when such conditions prevail, employers complain of the “high cost” of labor and of the “unreliability” of workers who might go from job to job looking for better pay. "

    About 15 years ago I used to work part time at a convenience store as a favor to the manager. The company paid a minimum wage starting pay and instructed their managers not to schedule anyone to have more than 29 hours per week.. The good employees stayed for about three to six months to gain experience, then quit to work for a competitor for more money. Other employees only stayed until they found a job in a bar or restaurant. Those that stayed tended to be incompetent, emotionally checked out, and/or thieves. Thanks to the company’s refusal to pay for drug testing, we also had a stoner that got high during his shift. The manager complained to head office about the situation and the company promised to raise the starting wage if she could find two other convenience stores that paid a higher starting wage. When she did, they reneged on the deal, telling her they refused to match one competitor because they paid their employees too much.

  5. Doughfoot

    Doughfoot said, 6 months ago

    @Edward Clayton

    If you followed Michael’s links you would have seen that he was joshing you. The links demonstrate exactly what you are saying too. Obviously if you raised the minimum too high, too fast, there would be problems. Seattle is pushing the envelope, perhaps, but that is all.

  6. Doughfoot

    Doughfoot said, 6 months ago

    @Jase99

    Thanks for that posting! Nice to see a real-world example of what I was talking about. When Henry Ford got started, he paid wages much higher than the “industry average” because he wanted good, reliable, long-term workers. And who wants the other kind?

  7. Christopher Shea

    Christopher Shea said, 6 months ago

    Labor is only a small part of the costs behind an item. Do you honestly believe that if we raise the minimum wage, say, $3, a Big Mac will automatically cost $3 more?

    I recall back during the Obamacare debates when the crapsack running Papa John’s announced that if he was forced to provide health insurance for his employees, he would have to charge … 11 to 14 cents more for a pizza. Awful and backbreaking, right?

  8. DLee4144

    DLee4144 GoComics PRO Member said, 6 months ago

    Henry Ford was the originator of the assembly line. He visited a shoe manufacturer who was very proud of his adaptation of that process which was highly mechanized. He needed only a few employees. Ford’s question was " Yeah, but how many shoes do those machines buy each year?"

  9. denis1112

    denis1112 said, 6 months ago

    If the minimum wage is increased by such a huge amount the unions will get a huge wage increase too as their wages are tied to the minimum wage.
    Hence more in political donations to the democrats from the unions.
    There are a lot of good paying jobs for those that can pass a drug test.That leaves out most democrat doper Obama supporters that live in the projects.
    The cartels must be donating to the dems big time to get the feds to not enforce the border and sue any state that does. There by making more democrat supporters.Next it will be free weed. Causing more stupid lazy do nothings on the public dole.
    If not it kind of looks that way.

  10. jack75287

    jack75287 said, 6 months ago

    Amazing how the super rich are doing so good under Obama?

  11. mikefive

    mikefive said, 6 months ago

    The amount of EBT assistance one receives is on a sliding scale based on income. Unless the minimum wage is increased beyond what is received by a family’s current income plus their EBT, the family will actually receive no benefit from the increase.

  12. nlkilpat

    nlkilpat said, 6 months ago

    Re. Mr. Michael and Mr. Clayton;
    The correct studies show that the feudal system (that we are returning to) will have, by far, the most favorable outcome. Sharecropping was also in the running, but came in second.

  13. Night-Gaunt49

    Night-Gaunt49 said, 6 months ago

    @Edward Clayton

    Michael wme likes to go under the RADAR. Why clicking on his links are always worth it.

  14. Night-Gaunt49

    Night-Gaunt49 said, 6 months ago

    @Jase99

    We didn’t have a Drug War till we started it in 1914. “Saint” Reagan gave us the 4th Amendment smashing random drug test. The Elites and 1% have given us Depression with a sure chance for a Great Depression scheduled for 2016.

  15. Night-Gaunt49

    Night-Gaunt49 said, 6 months ago

    @Doughfoot

    Who wants th other kind? Obviously too many of the upper mucky-mucks which is why we have been mired in it and the slow and stead destruction of the Middle Class. As we are no in the Second Gilded Age and we are still plunging toward it.

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