Romney supports minimum wage hike-why we lost 2012

[Pressing-On]

CBO report: Minimum wage hike could cost 500,000 jobs

WASHINGTON — President Obama's call to raise the federal minimum wage could help lift 900,000 workers out of poverty, but at a cost of as many as 500,000 jobs, according to an analysis released today by the non-partisan Congressional Budget Office.

http://www.usatoday.com/story/news/p...-jobs/5582779/

[Jermyn Davidson]

The real problem is that minimum wage should have been rising with the passing of time and it hasn't.

It is right for minimum wage to be adjusted.

[Pressing-On]

Originally Posted by Jermyn Davidson

The real problem is that minimum wage should have been rising with the passing of time and it hasn't.

It is right for minimum wage to be adjusted.

A universal minimum wage hike is very difficult to set when you consider cost of living differences in various parts of the country.

You have to also consider other factors:

Minimum wage hikes also hurt the non-profit charitable organizations.

It can drive small companies out of business.

Some companies will outsource their jobs to lesser payed foreign workers.

[Fionn mac Cumh]

Originally Posted by Pressing-On

A universal minimum wage hike is very difficult to set when you consider cost of living differences in various parts of the country.

You have to also consider other factors:

Minimum wage hikes also hurt the non-profit charitable organizations.

It can drive small companies out of business.

Some companies will outsource their jobs to lesser payed foreign workers.

Ya outsourcing never happens now.

What small companies are you talking about?

"You want to make real money? Start a non-profit company."-Someone I know who owns one.

[Fionn mac Cumh]

Originally Posted by Pressing-On

Raising the minimum wage would interfere with young people getting jobs by destroying entry-level opportunities. We don't want to destroy their opportunity to start climbing the ladder of success and working their way into more skilled positions.

We have subsidies, cronyism and regulation that are creating a culture of dependency. Government regulation, like minimum wage, holds people back.

The government also keeps throwing obstacles of regulation in the way of people, with little capital, wanting to start up a business.

You can only prosper if you have a free society and especially economic freedom.

Ya no govt regulation is needed. GOPers paint this picture that without regulation the country would be better. Cause you now the rich who we owe our vary existence as human beings to, can be trusted to do whats right for the working people and the environment. We dont need regs up the wazoo. However Govt regulation is needed for some things

[Pressing-On]

Is this a flip-flop? Yes, it is!

"Well, different members of my party have different views on those different issues," Romney replied. "I part company with many of the conservatives in my party on the issue of minimum wage. I think we ought to raise it."

It Has Been Five Minutes, So Mitt Romney Is Flip-Flopping On Something Again

Mitt Romney, who just can’t take no for an answer and may need to be told no yet again, has apparently grown tired of pretending to be “severely conservative.” It didn’t work for him so well in 2012, when he ran on his platform of “Ew, the poors!” so it seems he’s plagiarizing a page from John McCain’s playbook by acting all mavericky and taking a position contrary to today’s Republican Party. (This is definitely a wise choice, given how well that worked for McCain in 2008, but shhhh, don’t tell Mitt.)
http://wonkette.com/548775/it-has-be...omething-again

After outcry from right, Mitt Romney reverses stance on minimum wage

"“So, certainly, the level of inflation is something you should look at and you should identify what’s the right way to keep America competitive. So that would tell you that right now, there’s probably not a need to raise the minimum wage.”

http://www.opposingviews.com/i/polit...g-minimum-wage

[Pressing-On]

Originally Posted by Fionn mac Cumh

Ya no govt regulation is needed. GOPers paint this picture that without regulation the country would be better. Cause you now the rich who we owe our vary existence as human beings to, can be trusted to do whats right for the working people and the environment. We dont need regs up the wazoo. However Govt regulation is needed for some things

I agree that a limited amount of government regulation is needed. I did agree with Romney, during the debates, that we certainly don't need someone starting a bank in their garage. But, the point is that we are unnecessarily over-regulated and it is stifling a free economy.

John Mackey and Raj Sisodia wrote an excellent book that every American businessman should read - Conscious Capitalism, Liberating the Heroic Spirit of Business. It's a great read!

They argue for the inherent good of both business and capitalism. Not to be mistaken with "crony capitalism". They show how today's best-known companies illustrate how these two forces - business and capitalism - work most powerfully to create value for all stakeholders: customers, employees, suppliers, investors, society and the environment.

[Pressing-On]

I agree with this comment:

"Most minimum wage jobs are entry-level, and workers rarely actually produce more than they are paid. Employers endure entry-level employees in the hope that workers in those jobs will learn how to become productive enough to be able to earn more. Raising the minimum wage just makes it harder to justify hiring someone with little or no work experience and job history."

[Jermyn Davidson]

What is the concept behind establishing a minimum wage?

[Fionn mac Cumh]

Originally Posted by Pressing-On

I agree with this comment:

"Most minimum wage jobs are entry-level, and workers rarely actually produce more than they are paid. Employers endure entry-level employees in the hope that workers in those jobs will learn how to become productive enough to be able to earn more. Raising the minimum wage just makes it harder to justify hiring someone with little or no work experience and job history."

I dont know if I buy this thought. Any job worth having as a career isnt going to pay their entry level positions minimum wage. Am I off base here?