Minneapolis to vote on $15/hour minimum wage

[Murica!]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

[Figueira]

I used to oppose automation, but then I realized that there's simply no reason to.

[Coolface Sock #42069]

Say hello to machines replacing minimum-wage workers.

You can't force businesses to pay workers more money than they're worth. It's 2016; there's so much technology that they're always going to have another recourse. Or they'll just move to the suburbs, of course. This is a losing battle.

[Famous Mortimer]

Say hello to machines replacing minimum-wage workers.

You can't force businesses to pay workers more money than they're worth. It's 2016; there's so much technology that they're always going to have another recourse. Or they'll just move to the suburbs, of course. This is a losing battle.

Burger King is going to move to the suburbs?

[DavidB.]

Who wouldn't like to get paid more? Lol deciding this based off public referendum is dumb. The public does't understand minimum wage, they just think "more money=good!".  An 18 year old working at Burger King is not worth $15 an hour.  Those jobs will be automated right away.

This, of course.

[Torie]

Small islands of a higher minimum wage make zero sense to me (and Minneapolis is a small island). It is one thing to have a minimum wage differential between a large metro area and the hinterlands (as in NY between the NYC orbit (with a much higher cost of living), and the far away hinterlands), where it is not really going to shove economic activity across some nearby border, and quite another where that is a real risk.

[Sprouts Farmers Market ✘]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Amazing that even a anarchocommunist (or whatever, you call yourself, don't bother correcting me) understands economics better than the right wing in this country. Really pathetic state of affairs we've reached.

I've previously stated support for $12 (with a slightly reduced 'teen' one), but it's not as if this is outright absurd for a typical city, which Torie notes this is not necessarily.

[Famous Mortimer]

The reason the far left is increasingly opposed to raising the minimum wage is because they realize most places that pay minimum wage are immigrant run businesses and franchises.

[OSR stands with Israel]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Read an economic text book for once , or take an economics class in college

[OSR stands with Israel]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Amazing that even a anarchocommunist (or whatever, you call yourself, don't bother correcting me) understands economics better than the right wing in this country. Really pathetic state of affairs we've reached.

I've previously stated support for $12 (with a slightly reduced 'teen' one), but it's not as if this is outright absurd for a typical city, which Torie notes this is not necessarily.

I support a 11 dollar wage with it tied to inflation ,  but if you really don't understand how 15 dollar wages will increase prices or cause people to lose their jobs you don't know economics

[Murica!]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Read an economic text book for once , or take an economics class in college

Did that, bro

[OSR stands with Israel]

Hopefully they vote no

hopefully people don't vote for something that will help them and almost everyone else

Like massive increases in prices  , laying off people will help people

That isn't how economics work.

Read an economic text book for once , or take an economics class in college

Did that, bro

And I am sure you learned what happens when the price floor is greater then the equilibrium

[Sprouts Farmers Market ✘]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

[Murica!]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Yeah, smilo said everything I would have(and probably with less expletives too!)

[jamestroll]

Say hello to machines replacing minimum-wage workers.

You can't force businesses to pay workers more money than they're worth. It's 2016; there's so much technology that they're always going to have another recourse. Or they'll just move to the suburbs, of course. This is a losing battle.

Technology destroying jobs is largely overstated. Especially in the service industry, the human touch is still very important. There is a McDonalds near my house that users Kiosks, but there are still human workers there making the food. I even got my food physically served to me the last time!

That being said.. I do want to be careful of making minimum wage too high.. or we might see fast food jobs disappear. Especially if much of the south and midwest has to pay entry level employees 15 to 20.00 per hour.

[IceAgeComing]

I think that its quite funny that apparently an incredibly slow staged increase in the minimum wage will apparently cause companies to rush towards automation faster than they already are.  Frankly, if they could automate the stuff that you are talking about in a cost-effective manner then they already would, and an increased minimum wage that in real terms will be lower than $15.  Its not like they aren't already planning to move towards automation in the middle term, and besides that argument really shouldn't be used to support companies being people wages that they cannot live on without working several jobs or obscene, unsafe and unhealthy hours. 

The question of what we do when it becomes cost-effective to automate service jobs is an interesting one though, since that would get rid of a significant number of jobs that I think it would be impossible to replace, certainly to replace with anything remotely productive and useful.  We're approaching a point where we won't need a significant proportion of the population to work because technological advancements will make lots of low-skill jobs obsolete, and it'll be interesting to see how capitalist economies and governments have to adapt to this new reality, whenever it comes.

Read an economic text book for once , or take an economics class in college

Shockingly economics is not a science, and one class will not give you a through understanding of all of the competing economic theories that exist, some of which would support increasing things like the minimum wage.

[OSR stands with Israel]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Demand will increase but not enough to make up for that much of an increase in the minimum wage, unless you resort to increase prices or decreasing the work force or hours

[Murica!]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Demand will increase but not enough to make up for that much of an increase in the minimum wage, unless you resort to increase prices or decreasing the work force or hours

Please do show where you got these "statistics." Your ass is an acceptable answer as it's at least honest.

[Green Line]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

Demand will increase but not enough to make up for that much of an increase in the minimum wage, unless you resort to increase prices or decreasing the work force or hours

Please do show where you got these "statistics." Your ass is an acceptable answer as it's at least honest.

Probably from his computer.

[Badger]

I think that its quite funny that apparently an incredibly slow staged increase in the minimum wage will apparently cause companies to rush towards automation faster than they already are.  Frankly, if they could automate the stuff that you are talking about in a cost-effective manner then they already would, and an increased minimum wage that in real terms will be lower than $15.  Its not like they aren't already planning to move towards automation in the middle term, and besides that argument really shouldn't be used to support companies being people wages that they cannot live on without working several jobs or obscene, unsafe and unhealthy hours. 

The question of what we do when it becomes cost-effective to automate service jobs is an interesting one though, since that would get rid of a significant number of jobs that I think it would be impossible to replace, certainly to replace with anything remotely productive and useful.  We're approaching a point where we won't need a significant proportion of the population to work because technological advancements will make lots of low-skill jobs obsolete, and it'll be interesting to see how capitalist economies and governments have to adapt to this new reality, whenever it comes.

Read an economic text book for once , or take an economics class in college

Shockingly economics is not a science, and one class will not give you a through understanding of all of the competing economic theories that exist, some of which would support increasing things like the minimum wage.

Best post in the thread. Second is smilo's pointing out that the minimum wage is only raising to $10/hour next year, and incrementally to $15 over the next several years, even longer for small businesses .

[🐒Gods of Prosperity🔱🐲💸]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

"All the economists"? Who are all these economists who think a universal $15 minimum wage is a good idea?

Here is what economists believe about this: https://www.epionline.org/studies/survey-of-us-economists-on-a-15-federal-minimum-wage/

That doesn't mean they are right, but stop saying people who disagree with you don't understand economics.

[Badger]

Wow, a single concept taken in a vacuum with acknowledging what happens to consumption and demand for products, or anything else for that matter, as a result of this change. What a novel approach! How did all the economists miss it?!

"All the economists"? Who are all these economists who think a universal $15 minimum wage is a good idea?

Here is what economists believe about this: https://www.epionline.org/studies/survey-of-us-economists-on-a-15-federal-minimum-wage/

That doesn't mean they are right, but stop saying people who disagree with you don't understand economics.

The last paragraph in that link is quite telling.

[they don't love you like i love you]

FWIW the State Supreme Court head an appeal to the case and ruled against putting it up on the ballot. So this won't happen.

To be honest while this is rather disappointing I can't disagree that the City Charter's provisions for referendum doesn't quite cover this.