Quote from: Forgewolf on October 06, 2014, 10:15:33 PM

Meanwhile.. in the same location.. cost of all goods/living goes up $5 more dollars. I know.. Let's raise it some more!

Not true.

Do tell

What people fail to realize is that raising the minimum wage on a local scale usually boosts the local economy...if that wage stays isolated to that locale (i.e. the cities surrounding the area don't raise theirs).

Problems with raising the minimum wage come into play when it's raised on a state or national level.

So then tourists who come from poorer areas will have less buying power? Awesome!

Quote from: Meta Cognition on October 07, 2014, 04:30:05 AM

Quote from: Forgewolf on October 06, 2014, 10:15:33 PM

Meanwhile.. in the same location.. cost of all goods/living goes up $5 more dollars. I know.. Let's raise it some more!

Not true.

Do tell

The cost of living already went up before the wage hike.  Obviously a wage hike wasn't the cause.

Quote from: BrenMan 94 on October 07, 2014, 08:46:09 AM

What people fail to realize is that raising the minimum wage on a local scale usually boosts the local economy...if that wage stays isolated to that locale (i.e. the cities surrounding the area don't raise theirs).

Problems with raising the minimum wage come into play when it's raised on a state or national level.

So then tourists who come from poorer areas will have less buying power? Awesome!

That's already the case when you vacation from any poorer region to a richer one.  Hell, even traveling from Lexington, SC (where I live) to Charleston, things are expensive as hell down there at local shops and restaurants (read as: tourist traps), despite the fact that the minimum wage is the same.  It all has to do with demand.

A hotel in Vegas is going to cost you more than a hotel in Pensacola.  It's just basic economics.

Quote from: BrenMan 94 on October 07, 2014, 10:56:42 PM

Quote from: Forgewolf on October 07, 2014, 09:26:55 AM

Quote from: Meta Cognition on October 07, 2014, 04:30:05 AM

Quote from: Forgewolf on October 06, 2014, 10:15:33 PM

Meanwhile.. in the same location.. cost of all goods/living goes up $5 more dollars. I know.. Let's raise it some more!

Not true.

Do tell

The cost of living already went up before the wage hike.  Obviously a wage hike wasn't the cause.

Dat inflation of course. But a national raise would raise the cost of living. How else can MOSt businesses afford to pay all their workers more if they decided to not cut their hours?

I don't disagree with you there.  A national minimum wage increase is a terrible idea.  But when minimum wages are increased on a local scale it doesn't cause all of the problems you're concerned with.