More money in the pockets of entry-level workers sounds great, but Rachel Greszler of the conservative Heritage Foundation argues that such workers, and the economy writ large, are hurt more than helped by increases in the minimum wage.
  • dipshit
    13·
    4 months ago

    The author is basically saying you should be a slave until you get a good job. Can’t say I agree with this opinion piece.

      • dipshit
        10·
        3 months ago

        Ok…and her solution is to exploit young and low skilled workers since they ‘don’t bring the value of a reasonable minimum wage’.

          • dipshit
            9·
            3 months ago

            You obviously approve of slave labor rates so there is no point in giving you a thoughtful reply. Adios.

            • jimbolauski@lemm.ee
              2·
              3 months ago

              Understanding that there are two undesirable outcomes and that complaining about one won’t change the other must be tough for you.

              • dipshit
                9·
                3 months ago

                You obviously approve of slave labor rates so there is no point in giving you a thoughtful reply. Adios.

          • dipshit
            2·
            3 months ago

            Whats your opinion on importing cheap anusable labor?

            I don’t know. What’s your opinion on importing cheap anusable labor?

  • HunterOfGunners@lemmy.world
    6·
    3 months ago

    Banning bobafuttbucker because he posts when you won’t is a coward’s move. He’s the only one who pretends this is a legitimate community.

      • Neuromancer@lemm.eeOPM
        1·
        3 months ago

        CNN is allowed under R2 as long as it is pro-conservative or . Talking about Elon and his finances is not pro-conservative, nor is it anti-liberal. There are plenty of other places for you to talk about Elon. The topic isn’t relevant to the spirit of R2.

        You also posted that Kamala Harris is not in line with R2.

        I have had this conversation with you ad nauseam, and I will not repeat myself constantly. I will delete the offending material and go on with life.

        I will repost rule 2 to allow you to read and digest it again.

        We are a Pro-Conservative forum. Posts must have a clear pro-conservative, or anti left-wing bias. We are interested in promoting conservatism and discussing things that might get ignored elsewhere. All sources are acceptable, however reputable sources with a reputation for factual reporting are preferred.

        As you will note, CNN as a source of information is fine as long as it is pro-conservative. If you think one of the mods will delete it, it is best to post an explanation as to how it is pro-conservative or showing a liberal bias.

  • Skyrmir@lemmy.world
    3·
    3 months ago

    Minimum wage is a crappy way to improve wages. The better option are well regulated trade and labor unions, and mandatory labor representation. But since this is America, we’ve got a minimum wage, and that’s about the best we’re going to get.

    • jimbolauski@lemm.ee
      3·
      3 months ago

      Mandatory labor representation is a terrible idea, a union will have no motivation to work to better lives of the employees.

    • Neuromancer@lemm.eeOPM
      3·
      3 months ago

      The better option are well regulated trade and labor unions, and mandatory labor representation

      Agreed. I’m not a fan of mandatory representation as then it becomes a self eating beast but unions are better than a minimum wage

  • AutoTL;DR@lemmings.worldB
    2·
    4 months ago

    This is the best summary I could come up with:

    Editor’s Note: Rachel Greszler is a senior research fellow in workforce and public finance at the Roe Institute at The Heritage Foundation, a conservative thinktank in Washington, DC.

    She is also a visiting fellow in workforce at the Economic Policy Innovation Center, a pro-growth research group that advocates for less government intervention.

    Across the country, some of the hardest hit among the millions of people impacted by job losses or reduced hours following minimum wage increases are fast-food workers.

    Pay increases that result from government mandates can eliminate entry-level job opportunities and lead to a cascade of other unintended consequences.

    In short, high minimum-wage laws cut off the bottom rung of the career ladder, effectively pricing the least-advantaged workers out of employment.

    In South Carolina, researchers found that the most recent minimum wage hike reduced employment by 8.9% for teens, and by 15.5% for workers with less than a high school diploma.

    The original article contains 1,123 words, the summary contains 150 words. Saved 87%. I’m a bot and I’m open source!