Message from @RyeNorth
Discord ID: 417972731947122698
yeah
(the minimum wage there was around $13/h I think?
With a minimum amount of 4 hours worked in a shift?)
that would only be beneficial if you commute
Live in a place where 10/h would be livable minimum wage, and then work where its 19/h, so you save 9/h 😛
Well
conversely, the job market is a market too
yes
Anywhere within the metro area, the county minimum wage would generally be higher, at least in maryland.
yes
not quite as high as DC proper
but in order to compete with the DC job market, which would draw said commuters
they have to pay their employees more
i was just speculating what would be the only "true" benefit of having a high minimum wage in a certain area
Naah, you're kind of right.
plenty of people would actually live fairly deep into Northern Virginia, out of the reach of the metro system
well, commuting would generate transportation costs aswell
True.
But all these people arguing for across-the-board raises to $15/h
don't understand what they're asking for.
well they don't understand how money works
You can't just generate value out of thin air
Walmart can't just suddenly pay people more and still break even the same
They'll have to increase costs, meaning that in the end, to compensate for that 15/h
they'll have to charge so much that people don't get any extra spending power because that 15/h they earn now nets them the same purchasing power because prices got inflated
and by increase costs i mean prices on their wares
why gifs no work
gifs on discord work as an internet link i believe
personal gifs don't work i believe
like that
and yes, that sort of treasury department policies is why massive social programs don't work well, because you either have to generate money, inflating the currency and making everyone poor
or charge people masses in taxes
and since Bush/Obama era massively grew FEDERAL jobs, by which people pay taxes from jobs that are paid for with taxes, they'll get inflation
Mass taxation also makes people poorer.
yes
and I mean, I've actually run experiments before
if you follow the same $100 from transaction to transaction
but mass taxation doesn't necessarily cause inflation, because you don't print more money, that was my point in the above situation
it's reduced to pocket change by taxation after only a few exchanges.
yeah
but it also just sucks
You're talking about taxation as a money sink
here in the netherlands, i get taxed 52%
In america for the same amount of "earning" i'd get 22% taxes
well i'm talking taxation as a way to generate money for government programs