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Tuesday, March 09, 2021

AOC’s Terrible Minimum-Wage Argument

‘In Scandinavia, we have no poverty,” a Swedish economist once told Milton Friedman. “That’s interesting, because among Scandinavians in America we have no poverty, either,” Friedman supposedly responded. 

I think about this interaction whenever I see progressive arguments about imaginary Scandinavian utopias, such as this one from Alexandria Ocasio-Cortez:

29 comments:

  1. Burger flipping and other "entry to the work force" jobs were never meant to be careers to support a family.

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    1. But after the Chamber of Commerce and Farmers got all the "free trade" deals passed and have worked to keep open borders they are all some people have. Close the borders and put tariffs back up, then start talking about how "Burger flipping isn't a career." I have seen plenty of grown men flipping burgers after the plant shut down.

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    2. You're both right. Never meant to be a career, and yet all some people have.
      I'd be proud to flip burgers instead of sitting on my ass if it came to that.
      Besides, I think feeding people is among the most honorable of professions.

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  2. The airhead has a degree in business from what I understand but has no concept of how business and the economy works, that in itself proves most college education is worthless and she is a retard.
    JD

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    1. Who’s the f-in RETARD???? JD really? Last I looked she is a ELECTED Representative!!! Is she the retard or those that elected her? I’d say the entire lot of them! Its them eyes when she be talking that get me.

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    2. The bug-eyed bitch from the Bronx - My bro-in-law calls her that - I do too now.

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    3. Cavguy, I agree they are all retards but they were referring to her specifically in the article.
      JD

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    4. She has a degree in international relations and a minor in economics, she needs to give back her diploma because as stupid as she is it was given as a partiapation trophy!!!! grayman

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    5. A degree in international relations - she slept with that many foreign guys she was awarded a DEGREE? So Kamala must have Doctorate.

      Minor in Economics for someone who still count change.

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    6. Give her a break! AOC had a Masters degree in Marxism. And that is all she need to do what she was targeted to do. Now she can rest in peace.

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  3. Scandinavia doesn't (didn't) have an 85 IQ underclass with a strong sense of entitlement and a propensity for crime.

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    1. They are (or were) quite homogeneous.

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    2. This country won’t either if things are done correctly the second time around.
      Same for most feeding from the public coffers and the garbage they spawn

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    3. They used to *be* the people with the strong sense of entitlement and a propensity for crime!
      - Lindisfarne monks

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    4. An average 85-point IQ subclass with poor impulse control is a big problem, true, but that can actually be dealt with. The truly dangerous problem is the 115+ IQ group that enables and glorifies the stupid and violent.

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    5. They do now. The Scandihovian countries are full of one numbered IQ musloids

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  4. Seems they do now, that the .gov has seem fit to let a bunch of 7th century savages dwell in their midst.
    Pretty much the same shit coming over our southern border.
    CC6

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    1. Not the same shit, moslems are infinitely worse than hispanics or indians.

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  5. I really hope people complaining about workers earning barely enough for the most basic necessities take a good long look in the mirror about the value of human life and labor. It is absolutely pathetic to rail against people being paid more than slave wages because a few kids and entry levels on the fringes might lose their slave wage jobs. WTF.

    And don't get me wrong. I have spent my whole life arguing against minimum wage. I was an idiot. People asking for wage parity to 30 years ago are not "entitled", they are being screwed by the government and their corporate masters.

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    1. Nobody is railing about qualified employees getting fair wages, what we are saying that if you intend to earn a good wave then you need a marketable skill. Working at establishments that can replace you with a 16 year old and never miss a beat as a long term career choice means you will make poor pay. Everyone that can count to 10 knows the imposed wages don't work, never has and never will.
      JD

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  6. Labor Unions are the reason Democrats want the minimum wage increased. If the minimum wage is increased from $11 to $15, then every union worker will get a comparable increase. Those making $21 will get an increase to $25 with the next contract. The union gets a cut out of the increase, and in turn the unions fund the Democrats even more.

    Geek

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  7. What do you do with those who learned a trade, and are paid $15 an hour starting out as an apprentice, or those who worked hard and finally earned a raise to $15 an hour? The same argument can be made about forgiving student debt. What are you going to do for those who "played by the rules" and paid off their student debt, and those who worked hard to get a $15 per hour wage?

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  8. $22 an hour sounds good. Taking home only $5.50, not so much. Any bets the donks could out Denmark the Danes on taxation?
    My take is they don't give a crap about people, they just want more taxes.

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    1. The great lie about " free health care and college education " gets repeated constantly by leftists. I worked with a guy awhile ago that had lived in some part of France, he had an ex-wife and 2 daughters that were still living there, and was a NPR fan. He would go on about their system vs ours and how great theirs was, get sick ? Go to the hospital " free " and other such nonsense. So I ask him, Bill what is the tax rate in France ? I don't remember the number he gave but it was high, surprisingly high, so I ask how the fuck you benefit from a system that takes a huge chunk of your salary off the top to support the free tag, being blind he couldn't see the truth that that free was very damn expensive
      JD

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  9. So, AOC wants to saddle small businesses with another business killing regulation based her assessment that people can't support their families on anything less. What she and her Demonrat colleagues don't seem to grasp is that increasing the cost of producing whatever product a small business produces will have TWO immediate effects. Either the business will have to increase prices or lay off workers to keep prices the same. Increasing prices will drive marginal customers to someone else's product or the customer will just make do with out. Either one is a death sentence for that business. See Walmart and Amazon's business model for how that works out for mom & pop operations.

    In an already struggling economy the lost jobs due either to closure or layoffs won't be compensated for, probably EVER. Ask Portland and Seattle how the $15.00 min wage worked out for their "downtown" businesses. The ones that could moved, taking their local tax contribution with them. The ones that stayed mostly went bankrupt within a year.

    Nemo

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    1. Yep, these economics 101 deprived morons don't get it. So typical for all the Demo/Commie assholes in office now.

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  10. AOC would be out of her depth in a parking lot puddle.

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  11. Again: The minimum wage always and everywhere is ZERO!

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  12. All words from all bureaucrats are duplicitous aka 'false' and 'lies'.

    Let's look at it from the needs of a bureaucrat:

    * A bureaucrat requires more tax-payers to support bureaucrats aka 'tax-burners'.
    Increasing a wage pushes the tax-payer into a higher tax rate... and benefits the tax-burners.

    All bureaucrats lie.
    Lying seems necessary to be a bureaucrat.

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