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1. Blinkenlights (daemonfools@noagendasocial.com)'s status on Friday, 10-Nov-2023 21:23:07 JST Blinkenlights

   • Furgar

   @furgar

   This is the least dumb example of this logic that I've seen. The root problem seems to be that minimum wage enthusiasts don't understand that the minimum wage is only for people with no skills and people with no skills are trivial to replace.

   The minimum wage is a price floor on labor and labor that can't deliver the goods will be unemployed because the true minimum wage is $0.

   Also, the black market. Not the illicit one, but babysitting and lawn mowing.

   • Fox [Art-Lu K.M.] (fox@noagendasocial.com)'s status on Friday, 10-Nov-2023 21:23:06 JST Fox [Art-Lu K.M.]

     in reply to

     • Furgar

     @DaemonFools @furgar

     Agreed, this is funny because it's a massive fallacy...

     Ideally Minimum wage should be adjusted based on inflation (actual). Your money should have the same buying power regardless (which is arguably more important).

     Does anyone know off hand what it should be if we adjusted it for inflation?

   • Joel Nelson [Minnesota] (fkq1q2r2@noagendasocial.com)'s status on Friday, 10-Nov-2023 21:23:06 JST Joel Nelson [Minnesota]

     in reply to

     • Furgar
     • Fox [Art-Lu K.M.]

     @Fox @DaemonFools @furgar population increased 152%, money 1800%, so minimum wage should have gone up ~12x to 37

   • Machismo (zerglingman@freespeechextremist.com)'s status on Friday, 10-Nov-2023 21:23:18 JST Machismo

     in reply to

     • Furgar
     • 𝚖𝚊𝚔𝚎.𝚑𝚎𝚛𝚘𝚒𝚜𝚖.
     • Fox [Art-Lu K.M.]
     • Joel Nelson [Minnesota]
     @makeheroism @furgar @DaemonFools @Fox @fkq1q2r2 Extremely conservative estimate.
   • 𝚖𝚊𝚔𝚎.𝚑𝚎𝚛𝚘𝚒𝚜𝚖. (makeheroism@noagendasocial.com)'s status on Friday, 10-Nov-2023 21:23:19 JST 𝚖𝚊𝚔𝚎.𝚑𝚎𝚛𝚘𝚒𝚜𝚖.

     in reply to

     • Furgar
     • Fox [Art-Lu K.M.]
     • Joel Nelson [Minnesota]

     @fkq1q2r2 @Fox @DaemonFools @furgar

     Machismo likes this.