Thread 212817700

>I suffer in the first wo-

No you don't.

>>212817700 (OP)
What's the point of raising the minimum wage if everything becomes proportionately, if not even more, expensive

I think the only people who will benefit from this at the end of the day are middle and upperclass folk who spend their relatively high pay in some thirdie country for vacation

>>212817758
>What's the point of raising the minimum wage if everything becomes proportionately, if not even more, expensive
Poorer people warn proportionally more with minimum wage

This anon gets it >>212817758

>>212817758
A situation where people can't survive on minimum wage leads to revolt or America, neither of which is desirable. Everything goes up in price regardless of minimum wage anyway so it still has to go up to keep up with inflation

>>212817700 (OP)
The minimum wage in my city is $18/hr. I win.

>>212817969
Almost nowhere in the USA is at the Federal minimum wage. It is a local matter, and in my state it is $16/hr, and my city it is $18/hr. I wouldn't expect an Australian to not just vomit out the canned opinions he heard from left-wing media though.

>>212817700 (OP)
why don't poor countries just raise their wages to these levels and be as rich as us? are they stupid or something?

>>212817758
>labour is the only cost factor

>>212817700 (OP)
Big mac us like $16.50 here tho.
Imagine working an hour for a fast food sandwich.

>>212817700 (OP)
These numbers are outdated, minimum wage in the Netherlands is €14,40 or $16,74

>>212818411
This kek

>>212817758
>What's the point of raising the minimum wage if everything becomes proportionately, if not even more, expensive
Empirically not the case.

But either way, minimum wages are dumb.

t. non-minimum wage having country

>>212818411
Labor costs is no meme bro. It's what takes up most of what you coomsoom. That's why, I guess, your car factories closed and jobs went to thirdie countries

>>212818522
It's easy to say that when your country has so much oil

how old is this image? Minimum wage is like $26

>>212818723
Collective bargaining is a better model, you should be invested in tightening labor protections instead.

>>212817700 (OP)
FUN FACT : if you make minimum wage in Luxembourg, you cannot live in Luxembourg because you won't make enough for any rental application to be accepted. You either need to sub-rent a room in someone's primary residence, or live in France or Belgium.

>>212818411
The real question is: is productivity going up as well

>>212817758
Usually the normal wages rise too.

>I'm not working for minimum wage/close too minimum wage

>>212817758
Not everyone is a deflationary shithole like yours

>>212818883
Raising the minimum wage is a market failure correction mechanism, and it is temporary one at that! Particularly in firstie countries where market wages are expensive and yet, much of the population is still doing un-skilled labor long term

>>212818824
> live in France or Belgium.

The horror

Minimum wage is literally communism.

I've worked out the no suffering schism
You see in the first world, we don't suffer materially, but suffer emotionally
But in the third world it's inverted, they suffer materially, but not emotionally

>>212819177
Yeah complete shitholes and have to spend hours in an overcrowded train to go back to your shit crumbling town and be ready to wageslave the following day

>>212817758
>What's the point of raising the minimum wage if everything becomes proportionately, if not even more, expensive
Stuff just becomes more expensive over time anyway, even with a static minimum wage

>>212818777
>companies lobby government to increase migration.
>immigrants dont join unions and are happy to get less and live worse

>>212818183
I will keep telling you about your country, and you will keep reading it, and you will keep seething.

>>212822176
Extremely based (except when its about me and my country)

They raise minimum wage, sure, and nice. But the other wages aren't raising, so effectively this just increase the amount of people earning minimum wage. To the point someone who spent 3 or 5 years studying will earn close to someone working as a cashier lmao.
It's insane.

>>212822084
Actually almost the complete opposite happened here, after Schengen the unions have managed to pressure parliament into enacting laws specifically to counteract and criminalize aspects of social dumping.

>>212822374
Our unions were broken in the 80s (some might say rightfully so) but current unions are fullnof diversity hr types and seems like giving money for nothing.