Minimum Wage and Food Stamps

Discussion in 'All Other Discussions' started by Crabtownboy, Oct 20, 2014.

  1. Crabtownboy

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    Wonder if the anti-raising the minimum wage folk have considered that by keeping the minimum wage below a living level they, in turn, are then helping the big corporations make bigger profits while at the same time are subsidizing the minimum wage folk through their taxes needed to supply food stamps and food to food banks?
     
  2. InTheLight

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    1. Since only 4.3% of all hourly wage earners are making minimum wage I don't think the correlation between them and food stamp recipients is very strong

    2. Since 51% of minimum wage earners are less than 24 years old, I don't think the correlation between them and food stamp recipients is very strong.

    3. Big corporation's profits will be largely unaffected by an increase in the minimum wage. Mom and pop stores and small businesses are much more affected.
     
  3. Revmitchell

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    And it hurts them in a big way.
     
  4. Crabtownboy

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    Sorry, but your analysis does not stand up in the real world.

     
  5. Crabtownboy

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    Proof please. Studies have debunked your statement.
     
  6. InTheLight

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    You're looking right past what I posted and are missing my point. Only 4.3% of all hourly workers make the minimum wage. If all of these workers were getting food stamps it would only account for 4.3% of all food stamp recipients.

    Total food stamp outlay was $77 Billion in 2003. According to your article $1.06B of this went to fast food workers. That's 1.4% of all food stamp payments.

    If all 4.3% of minimum wage earners were to be getting food stamps that would be $3.3B.

    Based on these numbers raising the minimum wage to reduce food stamp usage is a lousy argument. It would be much more simpler to reduce food stamp usage by cutting waste and fraud and/or stricter means testing than raising the minimum wage for everybody, including those that don't use food stamps.
     
  7. Crabtownboy

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    .

    Well as some senator said some years ago "You take a billion here and a billion there and pretty soon you are talking about real money.
     
  8. Alcott

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    Boy, what is the value of the public assistance fast food workers receive, and is that more or less than the proposed increase in the minimum wage would add to their incomes? Or, take the Q this way: how much would the minimum wage be increased so that ___% (say 50, just to have a figure) of earners of such would then cede public assistance? And that ultimately leads the to the Q: how many current m.w. workers would end up better off by an increase in m.w.?
     
  9. Revmitchell

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    What studies?
     
  10. Crabtownboy

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    Where is your proof. Do a bit of research and you will see your comment is incorrect.
     
  11. Revmitchell

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    Look I asked a reasonable question. You posted the op, you are making the asertions. Now I have been a small business owner. How about you?


    So again I ask what studies?
     
  12. Crabtownboy

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    Look I ask a reasonable question. Where is the proof of your reply. So, I ask where is your proof. You make sweeping replies with nothing to back them up. You remind me of what Eleanor Roosevelt said about FDR that goes something like this:

    He doesn't think, he just decides.

    Oh, yep been a small business owner. A raise in the minimum wage would not have helped nor hurt me.
     
  13. Revmitchell

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    Well there you go, wow now you are copying Zaacs habits of repeating what others say or saying the opposite when you have no supporting facts.
     
  14. Crabtownboy

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    I am simply tried of you demanding answers but never answering questions. Usually you simply disappear and never respond. I will respond, giving your supporting articles, when you show sources that support your original claim.
     
  15. Sapper Woody

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    Real life has debunked your studies. Recently, the federal minimum wage for federal contractors was raised to over $10. Fast food restaurants on military posts asked for an exception, since they are considered contractors. They didn't receive this exception. Many closed down and left the posts before they had to start paying more. Others are trying an appeal, but will pack up if they don't get it. Yes, some are suffering through it. But I've already seen firsthand that the quality of service has gone way down in military post fast food chains. They are always understaffed to try and make up the money they have to shell out.

    Bottom line; you can cite all the studies you want. Real life has spoken.
     
  16. InTheLight

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    Often attributed to Sen. Everett Dirksen, but there is no proof of it.

    The US spends $7 Billion every 17.5 hours. Is that a huge burden on taxpayers?

    Anyway, in the big picture the numbers just don't add up to much. And as Alcott said, if you raise the minimum wage to $10.10 how many people will that remove from the food stamp program?

    I say the negative repercussions from raising the minimum wage to $10 far outweigh the reduction in costs in the food stamp program.
     
  17. Revmitchell

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    No you won't. And I do not disappear. I intentionally ignore your asinine arguments.
     
  18. Revmitchell

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    Effects of the Minimum Wage on Employment Dynamics

    The voluminous literature on minimum wages offers little consensus on the extent to which a wage floor impacts employment. For both theoretical and econometric reasons, we argue that the effect of the minimum wage should be more apparent in new employment growth than in employment levels. In addition, we conduct a simulation showing that the common practice of including state-specific time trends will attenuate the measured effects of the minimum wage on employment if the true effect is in fact on the rate of job growth. Using three separate state panels of administrative employment data, we find that the minimum wage reduces net job growth, primarily through its
    effect on job creation by expanding establishments. These effects are most pronounced for younger workers and in industries with a higher proportion of low-wage workers.

    http://econweb.tamu.edu/jmeer/Meer_West_Minimum_Wage.pdf
     
  19. Crabtownboy

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    Seems like y'all are chasing a myth:


     
  20. InTheLight

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    I don't know where these people get their information from, but here is the real deal:

    Twenty percent of teens make the minimum wage. Only 3 percent of those making the minimum wage are age 25 or older.

    http://www.bls.gov/cps/minwage2013.pdf
     

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