Whose going to absorb the increased demand for jobs resulting from the higher pay scales? Is this about some govt program that covers the difference between the natural and some fiat wage, out of taxes, or is this another proposal for a minimum wage increase? If the latter, simple economics tell us it can only result in increased unemployment and degrading working conditions. Similar to what you find when you artificially lower the rent of buildings.
Why not make minimum wage 50 dollars an hour? Or 100? Then the govt can tax the workers at 80%. With this vast amount of tax money, govt. can then subsidise the companies paying these wages to encourage them to stay. Set the price on goods made at ten times the value of said goods, set a sales tax at 50% use the revenue to subsidise people who buy these products. Why thanks to the government, we can all be millionairs!
most people only work a minimum wage job when they are starting in the work force if you pay attention to who is middle aged and still working for min wage chances are it is someone who never had any ambition or goals all they cared about is what is the least i have to do today lets face it if you want to make more than min wage the work is there and no it doesnt take a college degree to EARN a good living. i am sick of people with no ambition always thinking that they are entitled to b equal
So MacDonalds will be forced to pay higher wages and then have to raise the price of the Big Mac. Then they will sell less Big Macs and therefore make less money and lay off workers. Those workers will then go onto Government welfare and pay no taxes and become a burden on society. GREAT IDEA!
Paul, spot on as always. The egalitarian grading metaphor was a great one. This segment was interesting in that the host expressed concern with the looter mentality of the welfare state. I am glad that you were on a show with a seemingly rational host. Bravo.
What makes you think any one would work for him at that rate? Labor markets are as competitive as any and is it competition that drives wages in a free market.
Your right in alot of cases a higher minimum wage hurts the poor by raising unemployment. I like Friedman's ideas.
I just don't like the negative view of the so called "C" students that is so common in the right.
It is one thing to attack the effects of the minimum wage but the student analogy implies that those who advocate a minimum wage desire all to be financial equals. The motive of minimum wage supporters is to help the weak and misfortuned survive.
Don't we all know which road it is that is paved with "good intentions?"
Unintended consequences. Is that how you dismiss the implications of a guaranteed wage that exceeds the value of the labour it is exchanged for? That is what a minimum wage is. It's a floor for All wages. Your support of a minimum wage ENSURES a ready and growing class of "weak and misfortuned."
I'd say that makes you their economic enemy no matter how you classify your "intent."
How does everyone think the grades comparison is so good? Shouldn't those who have "A"s be in the top jobs of our society. Lawyers, Doctors, and buisness owners who can make hundreds in a few hours. To give the lowest rung of our society equal treatment to them would mean a minimum wage of $50-100/hr.
Its more like taking those in the class who have F's and giving them extra attention in attempt to stop them from giving up all together.
Equal treatment - by stealing from the men of ability?
It's not like the analogy you provided - the minimum wage comes from taxes which means that the people making money are the ones paying for those who don't, which fits the comparison Mr Keever provided.
It could be argued my analogy is stealing attention from those children who have greater ability. But those who support the idea do so on a utilitarian basis.
Anyone argueing for the elimination of the minimum wage should do so on a utilitarian basis, Friedman does thats why his arguement is good.
Also how does minimum wage take tax money. Companies pay the employees not government. If a company employs someone they do it on their own will not the governments.
If you want to ensure that your neighbor eats three meals a day than go ahead and feed them. But don't try to pass laws that FORCES me to feed them. What makes a good deed a good deed is that its voluntary; if you subtract that there can be no good will amongst men.
I thought the following quote revealed a lack of integration in her philosophy/politics:
"While we can't expect policies to be pushed upon us by the government - because all they do is backfire, I mean look at multiculturalism - it's not something that needs to be forced on people because it has totally the opposite effect."
She doesn't think policies should be forced on us by the government (and that they have the opposite effect when they are) but she advocates a "living" wage.
And how would it be funded? By taxes. And the last time I checked taxes weren't voluntary.
I guess we need to "discuss" (basically talk in circles) these issues more to really understand.
Holy cow these are enormously high minimum wages! Almost $17 in Vancouver!
The host is cute - and smart!
Good going Paul, I remember a video where you went to a UV-type bath-massage parlour - when are we going to get a video of you at a barber shop getting a straight razor shave? Hehe
I'll have to watch your fractional reserve video now, 40minutes! AH! Expect a response!
I get the impression that the host of the show (forgive me for not being able to recall her name) is very sympathetic to your ideas Paul. If so, she is a case in point of good, objective journalism. That is: to show through facts and logic, and not tell through rhetoric, one's position.
Great example with the grades! If someone doesn't understand that, they simply are opposed to integrating any philosophical principles into their life.
That woman disgusts me. "There is no reason a man should not have a roof over his head". Her conclusion? Roofs should be given to everybody. Magical roofs popping out of thin air, because that's how roofs are being created in our world, right? No one should be forced to work to earn a living, right? Wrong.
"No one should be forced to work to earn a living, right? Wrong." - By that I mean that people should not get something for nothing of course. I have no problem with someone choosing not to earn a living, so long as he himself suffers the consequences of his choice.
I can't believe how stupid people are. How rotten their belief system is. They are completely ignorant of economics and morality. They seem to think that if we give everyone more, then we'll abolish poverty. That's just plain idiocy.
Paul McKeever for Israeli prime minister! You'll have my vote.
I agree with that lady who argues that everyone should have a roof over their heads. Its great to be charitable but I have seen first hand parents who give to their children and those children NEVER learn how to function on their own. You simply cannot force people to give up their money or services and stand on moral ground. Some significant portion of the time you are hurting the person who is supposed to benefit most, the less fortunate. People love to give up freedom for a mommy Gov!
"There's a time for everything"... This comment proves the caller can no longer differentiate between what's right and what's wrong. "EVERYTHING"???? Think of the most horrible crime. That crime is included under the word "everything". This extreme moral relativity, this complete unwillingess to judge anything is leaving us vulnerable to forces that will spread poverty and suffering.
I'm aware of that, and I support Paul's positions fully. I was just making light of the caller who couldn't remember his name and referred to him as the "Freedom Party man".
Whose going to absorb the increased demand for jobs resulting from the higher pay scales? Is this about some govt program that covers the difference between the natural and some fiat wage, out of taxes, or is this another proposal for a minimum wage increase? If the latter, simple economics tell us it can only result in increased unemployment and degrading working conditions. Similar to what you find when you artificially lower the rent of buildings.
picapauengracado 1 year ago
Wow it's so unusual and refreshing to see a who host who doesn't use anti-freedom strawman arguments.
dduppie 1 year ago
Why not make minimum wage 50 dollars an hour? Or 100? Then the govt can tax the workers at 80%. With this vast amount of tax money, govt. can then subsidise the companies paying these wages to encourage them to stay. Set the price on goods made at ten times the value of said goods, set a sales tax at 50% use the revenue to subsidise people who buy these products. Why thanks to the government, we can all be millionairs!
supressorgrid 1 year ago
4:20
All employers have to pay single moms more than married parents even if they are equally good at their job.
I can think of no better way of keeping single moms out of work.
richardcadbury 2 years ago
most people only work a minimum wage job when they are starting in the work force if you pay attention to who is middle aged and still working for min wage chances are it is someone who never had any ambition or goals all they cared about is what is the least i have to do today lets face it if you want to make more than min wage the work is there and no it doesnt take a college degree to EARN a good living. i am sick of people with no ambition always thinking that they are entitled to b equal
kosmickosmo 2 years ago
raise the living wage to $50.00 and hour and we'll all be rich.
yammyspeed13 3 years ago 3
McKeever rocks!
justinwlaurab 3 years ago
The host is sooo fucking hot!
UcanbeGOD 3 years ago 2
To make sure that all wages are enough to make a living from is a big difference from giving money to bankers.
bocafutsal 3 years ago
So MacDonalds will be forced to pay higher wages and then have to raise the price of the Big Mac. Then they will sell less Big Macs and therefore make less money and lay off workers. Those workers will then go onto Government welfare and pay no taxes and become a burden on society. GREAT IDEA!
Entropy56 3 years ago
Your reasoning appears to promote living to work as opposed to working to live?
eventide925 3 years ago
Nice vid Paul, but PLEASE trim that beard of yours!
PoprocksCk 3 years ago
Well, I don't lace up my boots with fishing line, but I do wear a rope as a belt.
I hope that doesn't mean that Ayn Rand will disown me.
grantsinmypants2 3 years ago
Paul, spot on as always. The egalitarian grading metaphor was a great one. This segment was interesting in that the host expressed concern with the looter mentality of the welfare state. I am glad that you were on a show with a seemingly rational host. Bravo.
SaskBigPicture 3 years ago
If Paul Mckeever wants to pay those working under him less money then it takes to live at the poverty line he should move to Mexico.
n0rthernavenger 3 years ago
What makes you think any one would work for him at that rate? Labor markets are as competitive as any and is it competition that drives wages in a free market.
marneedear 3 years ago
Your right in alot of cases a higher minimum wage hurts the poor by raising unemployment. I like Friedman's ideas.
I just don't like the negative view of the so called "C" students that is so common in the right.
It is one thing to attack the effects of the minimum wage but the student analogy implies that those who advocate a minimum wage desire all to be financial equals. The motive of minimum wage supporters is to help the weak and misfortuned survive.
No need to cry commie.
n0rthernavenger 3 years ago
Don't we all know which road it is that is paved with "good intentions?"
Unintended consequences. Is that how you dismiss the implications of a guaranteed wage that exceeds the value of the labour it is exchanged for? That is what a minimum wage is. It's a floor for All wages. Your support of a minimum wage ENSURES a ready and growing class of "weak and misfortuned."
I'd say that makes you their economic enemy no matter how you classify your "intent."
maskedphrogg 3 years ago
How does everyone think the grades comparison is so good? Shouldn't those who have "A"s be in the top jobs of our society. Lawyers, Doctors, and buisness owners who can make hundreds in a few hours. To give the lowest rung of our society equal treatment to them would mean a minimum wage of $50-100/hr.
Its more like taking those in the class who have F's and giving them extra attention in attempt to stop them from giving up all together.
n0rthernavenger 3 years ago
Equal treatment - by stealing from the men of ability?
It's not like the analogy you provided - the minimum wage comes from taxes which means that the people making money are the ones paying for those who don't, which fits the comparison Mr Keever provided.
GamblerJustice 3 years ago
It could be argued my analogy is stealing attention from those children who have greater ability. But those who support the idea do so on a utilitarian basis.
Anyone argueing for the elimination of the minimum wage should do so on a utilitarian basis, Friedman does thats why his arguement is good.
Also how does minimum wage take tax money. Companies pay the employees not government. If a company employs someone they do it on their own will not the governments.
n0rthernavenger 3 years ago
Brilliant argument with the grades idea, flawless brilliant God Bless You.
melnick1985 3 years ago
If you want to ensure that your neighbor eats three meals a day than go ahead and feed them. But don't try to pass laws that FORCES me to feed them. What makes a good deed a good deed is that its voluntary; if you subtract that there can be no good will amongst men.
Chrisnoscrub047 3 years ago 2
How about I want to ensure my neighbor eats 3 squares a day after I'm gone?
It would behoove me to teach him how to provide for his own needs. That is the basis of true charity. Enabling one to provide for themselves.
Which is exactly why it IS immoral to confiscate from one to give to another. Transfer of wealth is just what it sounds like. Theft.
maskedphrogg 3 years ago
Raise in minimum wages=raise in inflation=stagnant unemployment
Two words: Phillips curve :)
bakukenshin 3 years ago
Excellent work once again Mr. McKeever. I loved the example of the grades! It's a shame it pretty much went right over their heads.
RobertPFreeman 3 years ago
I thought the following quote revealed a lack of integration in her philosophy/politics:
"While we can't expect policies to be pushed upon us by the government - because all they do is backfire, I mean look at multiculturalism - it's not something that needs to be forced on people because it has totally the opposite effect."
RobertPFreeman 3 years ago
She doesn't think policies should be forced on us by the government (and that they have the opposite effect when they are) but she advocates a "living" wage.
And how would it be funded? By taxes. And the last time I checked taxes weren't voluntary.
I guess we need to "discuss" (basically talk in circles) these issues more to really understand.
RobertPFreeman 3 years ago
Holy cow these are enormously high minimum wages! Almost $17 in Vancouver!
The host is cute - and smart!
Good going Paul, I remember a video where you went to a UV-type bath-massage parlour - when are we going to get a video of you at a barber shop getting a straight razor shave? Hehe
I'll have to watch your fractional reserve video now, 40minutes! AH! Expect a response!
PortfolioManager1987 3 years ago
Looking forward to it.
Hey, straight-razor: that could be fun.
PaulMcKeever 3 years ago
Paul, everything you said was right but you should be more selective about the people you sit down with.
apluce21 3 years ago
Now now apluce21.
PaulMcKeever 3 years ago
I get the impression that the host of the show (forgive me for not being able to recall her name) is very sympathetic to your ideas Paul. If so, she is a case in point of good, objective journalism. That is: to show through facts and logic, and not tell through rhetoric, one's position.
grantsinmypants2 3 years ago
Great example with the grades! If someone doesn't understand that, they simply are opposed to integrating any philosophical principles into their life.
rexer19858 3 years ago
Thanks all.
PaulMcKeever 3 years ago
Good job, Mr. Mckeever. That guy cracked me up when he said "we get caught up in ideology!"
Kurtyoungblood 3 years ago
Thank you Paul for revealing the "appalling nature" of this type of policy. Thanks again for fighting the good fight.
davidngo4415 3 years ago
This has been flagged as spam show
I am digging this video.
dakshinamurti 3 years ago
That woman disgusts me. "There is no reason a man should not have a roof over his head". Her conclusion? Roofs should be given to everybody. Magical roofs popping out of thin air, because that's how roofs are being created in our world, right? No one should be forced to work to earn a living, right? Wrong.
NotThat3 3 years ago
"No one should be forced to work to earn a living, right? Wrong." - By that I mean that people should not get something for nothing of course. I have no problem with someone choosing not to earn a living, so long as he himself suffers the consequences of his choice.
NotThat3 3 years ago 3
I can't believe how stupid people are. How rotten their belief system is. They are completely ignorant of economics and morality. They seem to think that if we give everyone more, then we'll abolish poverty. That's just plain idiocy.
Paul McKeever for Israeli prime minister! You'll have my vote.
NotThat3 3 years ago 2
I agree with that lady who argues that everyone should have a roof over their heads. Its great to be charitable but I have seen first hand parents who give to their children and those children NEVER learn how to function on their own. You simply cannot force people to give up their money or services and stand on moral ground. Some significant portion of the time you are hurting the person who is supposed to benefit most, the less fortunate. People love to give up freedom for a mommy Gov!
UcanbeGOD 3 years ago
"There's a time for everything"... This comment proves the caller can no longer differentiate between what's right and what's wrong. "EVERYTHING"???? Think of the most horrible crime. That crime is included under the word "everything". This extreme moral relativity, this complete unwillingess to judge anything is leaving us vulnerable to forces that will spread poverty and suffering.
truthadvocate 3 years ago 2
Excellent video.
chris3443 3 years ago
Look! Up in the sky! Is it a bird? Is it a plane? No! It's "Freedom Party Man"!
orangeman4242 3 years ago
But what he said was 100% right on. Taxes = violence and punishment of merit.
chris3443 3 years ago 2
I'm aware of that, and I support Paul's positions fully. I was just making light of the caller who couldn't remember his name and referred to him as the "Freedom Party man".
orangeman4242 3 years ago
okay good, just doing my part for the cause :)
chris3443 3 years ago
your a dummmy
tqd86 3 years ago