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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWall Street Journal Editor: Don’t Hike Minimum Wage Because Workers ‘Learn’ From Poverty
By David Edwards
Sunday, June 8, 2014 15:41 EDT
Wall Street Journal Editor Paul Gigot argued on Sunday that the minimum wage should be kept low because it would teach workers that they did not want to work low-wage jobs.
During a panel discussion on ABCs This Week, Gigot predicted that a decision in Seattle to hike the minimum wage to $15 an hour would eventually backfire.
I think what [Mayor Ed Murray] is going to find out is hes pricing a bunch of people out of the labor market, Gigot opined. Particularly the young, the least skilled, teenagers, people who want to go in and gen in on that basic, bottom rung of the economic latter and move up.
Look, I worked for the minimum wage, he explained. Two bucks an hour back in the 1970s. I had jobs that what did I learn? I learned to show up on time, I learned certain skills, and I learned I didnt want to make the rest of my life so I better get an education.
The Nations Katrina Vanden Heuvel pointed out that only one out of 10 minimum wage workers were teenagers in todays economy.
more...
http://www.rawstory.com/rs/2014/06/08/wall-street-journal-editor-dont-hike-minimum-wage-because-workers-learn-from-poverty/
hobbit709
(41,694 posts)Wounded Bear
(58,440 posts)They learn that the WSJ ain't fit to wipe their asses with.
Curmudgeoness
(18,219 posts)Oh, he doesn't know jack-shit about it. Figures.
Archae
(46,261 posts)Was the $2 an hour allowance he got from Mommy and Daddy.
And that was just money for candy for this fathead.
Curmudgeoness
(18,219 posts)It didn't feel like a pittance to me. But then again, I didn't have to find a place to live or feed a family, or feed myself for that matter. And I have no doubt that IF he did have a minimum wage job, it was for gas money at the worst.
People who act like they know what "poverty" is, but have never been hurting, piss me off.
liberal N proud
(60,300 posts)Boomerproud
(7,889 posts)nomorenomore08
(13,324 posts)In times like these, it should have this stupid fuck looking over his shoulder. But he says it because he knows nobody will do anything.
Mnemosyne
(21,363 posts)Laelth
(32,017 posts)http://takingnote.blogs.nytimes.com/2014/03/07/f-d-r-makes-the-case-for-the-minimum-wage/?_php=true&_type=blogs&_r=0
Pay living wages or close up shop. At one point in our history, this was the mainstream opinion, and it should be still.
-Laelth
jwirr
(39,215 posts)themselves.
Armstead
(47,803 posts)Octafish
(55,745 posts)How did his family make it out of the middle ages?
By letting the lessors do the labor, the debt peonage, the starving and the dying.
socialist_n_TN
(11,481 posts)I'm SO over this shit.
VMA131Marine
(4,124 posts)is $12.22 in 2014 dollars. This is significantly more that the President's proposed hike to $10.10 an hour and i'd bet that by the time the full $15/hour takes effect in Seattle it won't be worth much more than $2/hour was in 1970.