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Liberty News ForumLNF Forums HereEconomics, Financial News › Is the minimum wage Constitutional?
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Very Hot Topic (More than 25 Replies) Is the minimum wage Constitutional? (Read 8,252 times)
Jasmine
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Is the minimum wage Constitutional?
Mar 28th, 2016 at 7:41pm
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I just read that California lawmakers want to raise the state's minimum wage to $15 an hour.

My question is: Why is government (federal or state) allowed to dictate to private business owners how much they should pay their employees?

If I were President, one of the first things I would do is abolish the minimum wage. In my view, that is the ultimate in government intrusion.
  


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billy.pilgrim
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Re: Is the minimum wage Constitutional?
Reply #1 - Mar 28th, 2016 at 8:06pm
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Jasmine wrote on Mar 28th, 2016 at 7:41pm:
I just read that California lawmakers want to raise the state's minimum wage to $15 an hour.

My question is: Why is government (federal or state) allowed to dictate to private business owners how much they should pay their employees?

If I were President, one of the first things I would do is abolish the minimum wage. In my view, that is the ultimate in government intrusion.



Anastasio "Tachito" Somoza would agree with you
  

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Re: Is the minimum wage Constitutional?
Reply #2 - Mar 28th, 2016 at 8:15pm
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billy.pilgrim wrote on Mar 28th, 2016 at 8:06pm:
Anastasio "Tachito" Somoza would agree with you


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What a dipshit. Grin Cheesy
  

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Re: Is the minimum wage Constitutional?
Reply #3 - Mar 28th, 2016 at 11:16pm
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Jasmine wrote on Mar 28th, 2016 at 7:41pm:
I just read that California lawmakers want to raise the state's minimum wage to $15 an hour.

My question is: Why is government (federal or state) allowed to dictate to private business owners how much they should pay their employees?

If I were President, one of the first things I would do is abolish the minimum wage. In my view, that is the ultimate in government intrusion.


You'd make Trump look sane by comparison.
  

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TowardLiberty
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Re: Is the minimum wage Constitutional?
Reply #4 - Mar 29th, 2016 at 8:31am
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Not sure about it being unconstitutional but it definitely is destructive to the goals of those who support it today.

And economic theory and empirics both point in this direction.

But that shouldn't be a big surprise to those who are aware of the history of minimum wage policy, as one of the tools the progressives designed for limiting the wages of non-whites, women and others they sought to exclude from the labor market.

The goal was to protect the "white" family and our western European "white" genetics.

These progressives displayed their racism for all to see and openly acknowledged that policies like the minimum wage were tools of eugenics.



  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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Re: Is the minimum wage Constitutional?
Reply #5 - Mar 29th, 2016 at 9:10am
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Jasmine wrote on Mar 28th, 2016 at 7:41pm:
I just read that California lawmakers want to raise the state's minimum wage to $15 an hour.

My question is: Why is government (federal or state) allowed to dictate to private business owners how much they should pay their employees?

If I were President, one of the first things I would do is abolish the minimum wage. In my view, that is the ultimate in government intrusion.


You better focus on unemployment and welfare too. That would sky rocket as people would not be able to afford anything unless they work 20hrs a day.
Private business's would close due to people not being able to afford buying anything. TV, internet, new cars sales would all go rock bottom.
America would slowly become a 3rd world country.

I'll vote for Wadsworth as president before you. All he'd do is make sure whites become 2nd class citizens and make it illegal for them to reproduce.

  

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TowardLiberty
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Re: Is the minimum wage Constitutional?
Reply #6 - Mar 29th, 2016 at 9:20am
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JohnnyBgood wrote on Mar 29th, 2016 at 9:10am:
You better focus on unemployment and welfare too. That would sky rocket as people would not be able to afford anything unless they work 20hrs a day.
Private business's would close due to people not being able to afford buying anything. TV, internet, new cars sales would all go rock bottom.
America would slowly become a 3rd world country.

I'll vote for Wadsworth as president before you. All he'd do is make sure whites become 2nd class citizens and make it illegal for them to reproduce.


You assume all that would happen if the minimum wage were abolished?

Really?
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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JohnnyBgood
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Re: Is the minimum wage Constitutional?
Reply #7 - Mar 29th, 2016 at 9:23am
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TowardLiberty wrote on Mar 29th, 2016 at 9:20am:
You assume all that would happen if the minimum wage were abolished?

Really?


Yes

You think every employer would be fare?

Really?
  

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TowardLiberty
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Re: Is the minimum wage Constitutional?
Reply #8 - Mar 29th, 2016 at 9:27am
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JohnnyBgood wrote on Mar 29th, 2016 at 9:23am:
Yes

You think every employer would be fare?

Really?

It's not about them being fair.

They have to offer enough to bid employees away from other employers.

A market process results.

Let's not forget that.

Your assumptions on the role that the minimum wage plays is wrong. It's neither necessary nor beneficial.
  

"Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist." J M Keynes

"In the first place, the dichotomy between "theoretical" and "practical" is a false one. In economics, all arguments are theoretical. And, since economics discusses the real world, these theoretical arguments are by their nature "practical" ones as well." M Rothbard
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Re: Is the minimum wage Constitutional?
Reply #9 - Mar 29th, 2016 at 10:30am
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TowardLiberty wrote on Mar 29th, 2016 at 8:31am:
Not sure about it being unconstitutional but it definitely is destructive to the goals of those who support it today.

And economic theory and empirics both point in this direction.

But that shouldn't be a big surprise to those who are aware of the history of minimum wage policy, as one of the tools the progressives designed for limiting the wages of non-whites, women and others they sought to exclude from the labor market.

The goal was to protect the "white" family and our western European "white" genetics.

These progressives displayed their racism for all to see and openly acknowledged that policies like the minimum wage were tools of eugenics.


What you claim to be a "progressive" movement was in reality a conservative effort to stem newly emerging demographic trends.. plus your post would be considerably more accurate if you replaced the term "progressives" with the term economists.   

Their further failure is the notion that a minimum wage necessarily prevents an individual from negotiating for a better wage. To introduce reality into this bizarre spin, this claim only makes sense if one can convince Americans of the ineffectiveness of trade unions which conservatives have indeed done.. .. 

All in all this once again shows the inability of economics to make accurate predictions in almost any situation..

  

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