Before I go on to my rebuttal. I would like to try and clarify common ground on the issue. I will ask some True or False questions of course I do not expect you to answer if you feel like the question is a trap. I will do my best to not ask such a question but a I'm like every one else driven by there views.
Q:We don't want people starving,homeless or without basic health care.
Q

eople should be paid what they earned based on the work they did. We just don't agree about what they deserve.
Q:MW is not based on supply and demand.
Q:We want to increase the standard of living for all people. We just don't agree how that would be done.
Q:Not every one will be successful no matter what we do at least partly do to inividual choice which we have no direct control over.
Back to it then. :duel
Sorry, I just disagree with you implicit contention that to someone making 5.15 an hour, roughly $10k a year, getting an extra $4000 a year is not crucial. It just doesn't make sense.
I agree that someone making $4000 more a year is a big deal.
I don't agree that they will really get $4000 in the terms of buying power.
I don't believe that minimum wage has ever gone up dollars at a time. I think the average is 0.50 a year. To make my point they keep raising minimum wage but why does quality of life stay the same?
Would you rather raise MW to 7.25 or remove the tax burden on the first 24000 made.? What do you think would help more.
Agree. But taxes aren't stealing.
Can you show me where in the constitution it gives the power to take money from one group of people and give it to another for there personal gain if so I would like to see it. If they don't have the legal authority to that then they are stealing it. In the constitution there are specific thing the government can collect taxes for and welfare and healthcare are not one of them. If you think they should have such a power then start a movement to amend the constitution.
Accepting your numbers as accurate (I don't know that they are, you did not give a source) that means that 13 million get a $1/hour raise, that is roughly $2000 a year per person, times 13 million, is $26 billion a year.
While the extra $2000 a year is crucial to someone trying to survive on $12k; $26 billion isn't even spit in the bucket in a nation with a gross personal income in the neighborhood of $11 trillion. It's not even close to 1% of the overall gross national income. A $26 billion increase in low end salaries is not going to have any significant effect on inflation or anything else in the $13 1/2 trillion economy.
I got the 13 million from here the rest was simple math.
http://www.epi.org/content.cfm/issueguides_minwage_minwagefacts
Like I said I agree that the raise would help MW workers. I just don't think they will get it in terms of buying power. Your right that in terms of percent 26 billion is not much. The problem is that the economy is not compartmentalize and will have a effect the rest of it. The economy is interconnected changing 26 billion will send waves of change through the economy. Like the person who is making a few dollars more that the MW now they will want a raise then the next guy will want a raise. Then there is the company that buys the products that where effected by price increases they will have to fire people, take a loss, raise prise or cut services. That will effect the company that uses his services ect. Firing people is the same as Cutting services. Cutting services if the same as raising prices. Now for taking a loss this is the very last thing a company will do.
There more likely to do things like not give raises to other employees if they can get away with it. They might cut health benefits, overtime, or vacation pay. Then they might fire someone who has been there and is making 12 hr and hire a new guy pay him MW. Then like the a company I worked for they hired felons, guys on parole or probation cause they could pay them crap and the state gives tax incentives to do hire them. It works for them because they hire these guys with skills but they don't get paid for them because they where criminals.
Then there is the worst option but the more MW goes up the more it appeals to companies and that is taking there company out of the country.
Market forces dictate what the market says their labor is worth. What they earned is something different. What they earned is based on what they are paid. And they should be paid based on the work they did. No doubt.
But not necessarily what laissez-faire capitalism market forces would put as their market worth.
This statement is rather confusing. I think I get what you are saying but I would like to clarify.
Question: How do you think wage should be determined?
Question: What is wrong with supply and demand?
Folks don't always have a choice. Many lack the education, smarts, and opportunity.
If buy smarts you mean ability to comprehend things that is the one thing you don't have a choice about.
The others it's your choice to get a education or learn a trade.
People make there own opportunity as well.
Please give a example of the average guy working for MW that was forced there. It can be real or hypothetical.
Again, IMO, if someone is working full time, they are taking responsibility for their own lives. Not everyone can be a winner, not everyone has the smarts to get a college degree, not every one has the ability to get advanced educations or the ability or opportunity to learn a trade.
I agree working full time is responsible. Expecting to be able to live well or raise a family of MW is not.
I personally am thrilled when someone takes the responsibility of getting a job instead of looking for handouts. If someone is willing to work at a full time job, IMO they have earned the right to make a poverty line level of subsistence, even though free market capitalism supply and demand forces might dictate that folks would work for less than poverty level wages.
Capitalism is a great economic engine and I am not in favor of socialist regimes. However, in the end, capitalism values labor (or any other input) solely on market forces, and has nothing to do with whether or not those forces provides for a substinance level of living nor does it give a hoot about human or social factors. For those on the bottom of the ladder, IMO it is valid to consider factors other than simply the value that the market would put on their unskilled labor in terms of rewarding them for taking the responsibility of working.
If you believe working people deserve sub-poverty levels of existance for whatever reason, fine, you are entitled to your opinion. IMO folks willing to work and keep a full time job deserve a little better than what the lowerst market rate for their labor might be.
MW is a hand out. Supply and demand is what you have earned more is a hand out. We don't know how supply and demand would effect minimum wage jobs.
We don't live in a free market. And socialism where there! Any problems that you have with the economy are most likely related to socialism and you don't even realize it. Just a few examples of socialism or communism with the elusion of a free market
Central bank controls the production of money and the interest rates.
Business are told how much they can pay there employees.
Social Security.
Medicare
Weal fair
unemployment benefits
Progressive income tax
If all are manufacturing jobs were not leaving as fast as they can get out of the country we would not need to have this conversation.