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WolfpackN64 on 21 February 2016
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sabvre42 said:
WolfpackN64 said:

No, it's not necessary as in having to own a PS4 or an Xbox One, grow up.

It's necessary if you people don't want a revolution on your hand. That and Sanders policies pay themselves back in part. Better healthcare and better (acces to) education is crucial for the US economy.

And I studied economics, thank you very much.

 

One econ class doesn't count.... 

 

"Better access to education" is a liberal myth. An economy can only support so many educated jobs before creating education creep. The US is already at approximately 40% college educated adults, and it now requires a degree to work at a call center. As a good case study look at the developing nation of Peru. They actually offer FREE puplic education (based on competitiveness), yet due to an over supply of educated workers - underemployment is insane.

 

A $15 an hour federal minimum wage is also shit. Low skill jobs make up a majority of the positions that add to cost of living ranging from farms, retail, fast food, call centers, child care, PCAs (personal care attendants), warehouses, manufacturing, packaging, etc.

You'd see a spike in the cost of living of at least 20-40%. While the low skill industry will mostly self adjust and see slight raises, the middle class and those on defined payments will not. The middle class will have less to spend with, and the elderly and disabled will be screwed.

 

You will also see the the childcare industry be destroyed. If I paid my nanny $10 an hour before... I on't need $5 more an hour myself to afford her... Ineed $7. Her wages come out of my net income... not gross. Certified Nusing Assistants and Personal Care attendants are in the same boat.

The "better acces to education" is not a myth, it's real and it will only become more urgent. The US is a bad example because of the criminal amount of student debt.

And just a quick note on Peru, unemployment is just 3.6%, lower than the US, and it's one of the fastest growing economies.

You need to wage minimum wage, these people need a decent wage. Lower income jobs are also thinning out because of steadily developing automatisation. If you need to pay someone more, but you need less people working for you, prices aren't really going up.

On the contrary, prices for products and services mainly go up because companies want to make a bigger profit. Greed is your problem, not letting people have a comfortable wage.