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jammies · 12-17-2015, 07:32 PM

The "Jim's Hardware" argument - who would have guessed an entirely fictional scenario based on made-up numbers with no discernable relevance could be so polarizing?

Once you've decided there should be such a thing as a minimum wage, that wage should be set at a level that provides the greatest economic benefit to workers while still allowing well-run businesses to prosper. Is that level $15? Maybe not, but the idea that whatever the current level is, it must be better than a $15 level, "because capitalism", is not interesting or valid.

There are far too many factors, imo, to know for sure if the raise will have a positive or negative effect in the long term. It's one input into a chaotic equation that varies over time, expressing certainty one way or the other is likely to be forever pointless.

12-17-2015, 07:32 PM	#495
jammies Basement Chicken Choker Join Date: Jan 2007 Location: In a land without pants, or war, or want. But mostly we care about the pants. Exp:	The "Jim's Hardware" argument - who would have guessed an entirely fictional scenario based on made-up numbers with no discernable relevance could be so polarizing? Once you've decided there should be such a thing as a minimum wage, that wage should be set at a level that provides the greatest economic benefit to workers while still allowing well-run businesses to prosper. Is that level $15? Maybe not, but the idea that whatever the current level is, it must be better than a $15 level, "because capitalism", is not interesting or valid. There are far too many factors, imo, to know for sure if the raise will have a positive or negative effect in the long term. It's one input into a chaotic equation that varies over time, expressing certainty one way or the other is likely to be forever pointless. __________________ Better educated sadness than oblivious joy.