(10-14-2015, 10:15 PM)desu Wrote: Thank you for your (what should be) common sense. Trickle-down just doesn't work.
(10-21-2015, 11:52 AM)Kiss of Death Wrote: The economy is the crucial point, I suppose. And if the country's as corrupted as Poland is, it's hard to expect an enormous monthly wage. And people tend to accept whatever's going on with no second thoughts... except for the select few not afraid to say it's laughable to be working for x bucks an hour. But it will always gonna happen - if people get more, they will grow accomodated to it, be able to afford a little more... and still want more.
As for the "higher pay, causes unemployment". Here's some stats. Comparison of monthly wages between UK and Poland in 2007-2012.
Now, let's take a look at unemployment in said countries in said years.
So, it's bullshit. No matter the minimal wage, no shit's gonna change.
(10-21-2015, 10:50 AM)Lanie Wrote: >>22510
> You might say "Wouldn't that decrease jobs?", "The value of dollar would decrease,
> wouldn't it?", "Tons of small business's would collapse?".
I don't believe any of those would happen, at least not in a major way. The problem with the wages being so low is mostly due to high discrepancy between the lowest paid workers and highest paid in a company, for example. Profit just needs to be more equally distributed between everyone. The fact that the majority of the population would have more money to spend, would make the economy grow, especially certain sectors such as services. (Let's face it, if you're struggling to put food on the table for you and/or your family you can't really spend it on quality of life services). Growth promotes investment which creates more jobs.
Small business collapsing is a possibility, as if certain companies are struggling to make a profit with mostly employees on minimum wage, then raising those would make your income negative. But a lot of those situations can be fixed through a different approach in managment and proper support from the state.
Obviously there's the psychological factor such as higher motivation, productivity as you said but I just tried to focus on a macroeconomic impact.
(10-27-2015, 05:29 PM)based_bluetawn Wrote: Why not UBI dependant on whether you maintain a job, then do away with the minnimum wage?
(10-28-2015, 09:01 AM)tn5421 Wrote:(10-27-2015, 05:29 PM)based_bluetawn Wrote: Why not UBI dependant on whether you maintain a job, then do away with the minnimum wage?
Uh no, literally the whole point of Universal Basic Income is that it is, in fact, universal.
We shouldn't force people that don't want to work to work. Then only people that actually want the jobs will get them, and quality will rapidly increase.