Tareeka Babooga said:
[quote="Mike Barham":b6762]Increases in minimum wage eliminate jobs for low-skilled workers and raises cost of goods. See Hazlitt's "Economics in One Lesson" for a simple explanation. Existence of the minimum wage also helps drive illegal immigration.
Funny how that is always said, but when the minimum wage goes up, it never actually happens. Last month there was a slight increase, but I haven't heard of any massive layoffs, and haven't noticed any abnormal price increases. I also haven't read that the unemployment rate has risen any significant amount, and in minimum wage increases of the past, never saw a high unemployment rate blamed on a raise of the minimum wage. Except in theoretical terms in defense of a bogus theory.
People like Hazlitt also predicted in the early 90's that Klintons tax increase would tank the economy, and it didn't. After it didn't, they were scrambling to find a reason to blame for it not happening like they predicted.
I do think if the wage was raised a significant amount at once, like doubled, it might have the ill effects so readily predicted. Otherwise it seems to be absorbed.
All the supposed "great minds" of economics are always advancing theories, but their theories should not be taken as gospel as much as historical data. When a theory is never proved to be true, it becomes useless.[/quote:b6762]
Every fast food resturant in Oregon is staffed with hispanics of unknown origin. Most speak broken English at best. The construction indusry and may others are filled with them. The drive to hire workers that will work for low wages and no benefits can be seen in every industry. This has a lot to do with min wage levels.
The orchard farmers in Oregon hire the illegials, they don't care where they come from, pay them based on what they pick, not a per hour wage. Once the social security comes back and says the number is not a valid number the employer doesn't give a crap, the workers have picked the crop and moved on. The socials security and ID given to the employers is all phoney stuff, the employers know it, don't care since they know the workers are seasonal and will be gone soon. It can take months for the social security admin to come back and ID a immigrant. System is a big joke!
American workers are being displaced at an alarming rate and don't appear to be bright enough to figure it out and protest! High paying blue collar jobs are going to be a thing of the past if the borders are not closed and the free trade charade exposed!