You realize that raising wages could reduce or possibly eliminate the "bad part of town" problem.
No it doesn't. If a fast food worker earns 25% of a CPA who earns 50% of a doctor, it doesn't make a difference if the salaries are $20,000 / $80,000 / $160,000 or $50,000 / $200,000 / $400,000. Inflation will
always follow an increase in wages for the bottom earners such that, no matter how much they make in nominal wages, there will always be a bad part of town.
In that case, there should be no cast members and the parks should fail. As you know, "A and B" should never be an option. We've all been there, we've all been poor living in a dump and trying to get out of it.
Yes, we've
been there -- past tense. And we're not there now. We rose up because of what we did, not because we begged others to do for us.
It's an unnecessary struggle, one created by business and the government to keep people from being the best that they can be.
No. It's absolutely a necessary struggle, one that's existed since the dawn of time. If not for businesses, you'd make zero in wages, let alone a "living wage." I'm not a victim and neither are you and neither are the people slinging popcorn on Main Street. I'm so sick of people blaming Barack Obama and Rush Limbaugh and the Federal Reserve and Bob Iger for their problems. Go out and make it happen. Make yourself indispensable. Don't be a supporting actor in the movie of your life.
I don't think you realize you're devaluing yourself and everyone around you by arguing that people at the bottom shouldn't earn more and that their income shouldn't follow inflation and other cost of living increases. What you're effectively saying is that you're only worth what you currently earn and they're worth all that they currently earn.
Exactly the opposite. You're the one devaluing the folks at the bottom by saying they're stuck there. You want to make the basement nice and cozy because you think people are incapable of getting out of the basement once they're there. I want to give them a ladder so they can start climbing out of the basement. Benjamin Franklin said, "I am for doing good to the poor, but...I think the best way of doing good to the poor, is not making them easy in poverty, but leading or driving them out of it. I observed...that the more public provisions were made for the poor, the less they provided for themselves, and of course became poorer. And, on the contrary, the less was done for them, the more they did for themselves, and became richer."
If you make $15, and they make $8.50 an hour your indirect argument is that you are only worth $15 because they are only worth $8.50.
Your economic value is not the same as your value as a person. I'm worth $XX,000 per year because that's what an employer is willing to pay me. That's what "worth" means; willingness to pay. If nobody is willing to pay you more than $8.50 an hour, then that's exactly what you're worth in economic terms. That has nothing to do with your value as a father, son, softball coach, or husband, as those things are obviously immeasurable but make up the bulk of what you're worth as a human being.
You're making an assumption that apartments would cost more because people earn more but the fact of the matter is that rent is going up either way, but increases to income at the bottom and in the middle aren't.
Rent would go up more. I'm not going to debate the economic theory of wage-push inflation, but it's real. Higher-than-market wages cause two things: unemployment and inflation.
http://www.scpr.org/news/2015/05/21/51883/minimum-wage-hike-could-increase-la-rents-economis/
It's not a problem for me, but I can already see it as a problem for my kids. The gap is so large now that unless you come out of school as a high earner you can't make it anymore.
There's the victim mentality again. Nobody is going to succeed if they give up before they start because they're convinced the cards are stacked against them.
Unfortunately, we have a large population of people who don't get that arguing against raising income levels to a more reasonable basic livable level is hurting themselves as much as everyone else around them because it keeps their own wages down.
It keeps wages down in
nominal terms, not in
real terms. Everyone making 25% more money isn't any good if everything is 25% more expensive. That leaves everyone right back where they started.