The Instigator
alexis77
Pro (for)
Losing
0 Points
The Contender
lannan13
Con (against)
Winning
1 Points

should people get payed more from thier jobs>

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Post Voting Period
The voting period for this debate has ended.
after 1 vote the winner is...
lannan13
Voting Style: Open Point System: 7 Point
Started: 10/7/2015 Category: People
Updated: 1 year ago Status: Post Voting Period
Viewed: 441 times Debate No: 80666
Debate Rounds (4)
Comments (5)
Votes (1)

 

alexis77

Pro

I think people should get paid more because they worked tirelessly from the morning to evening and they get pay less.
lannan13

Con

I accept.

You may begin your arguments.
Debate Round No. 1
alexis77

Pro

I think people should get paid more because they worked tirelessly from the morning to evening and they get pay less.
lannan13

Con

Contention 1: Wage Increase=/= More Jobs

Wages will not increase jobs For instance the wage will increase and the employers will have to either raise prices in order to shelter the burden of the increased wages (which we'll get to this in another Contention) and the second is that we have roughly 500,000 jobs lost due to the cutting of jobs in order for business can still compete with others at low prices. You see that CBO actually supports my point [1]

This will also hurt teenagers in the Workforce making employers having to cut down on their hours and/or favoring adults and a older population. Let's take Wisconsin for example when the minimum wage was last raised the unemployment soared from 15.8%-19.8%. [2] Imagine that on a US wide or even a world wide scale.

1 million jobs lost subtracted from the 900,000 that will be lifted from the poverty line and that equals 100,000 people unemployed and living in poverty. Not to mention the other side effects from raising the minimum wage such as loss of jobs for teenagers. The last time Congress raised the minimum wage in July of 2009, 600,000 teen jobs disappeared within 6 months. [3] With the last minimum wage teen unemployment percentages went from 14.8% to 27.1% [4]

The Inflation will also rise, but let's look at the minimum wage increase. It's going to go from $7.25 per hour to $10.10 per hour which is over a 25% increase. (in the US) This will cause prices to rise by 25% again. [5]


Contention 2: Inflation

Why don't we raise the minimum wage to $20 per hour or why not make everyone a millionaire and have them make $million per hour? The answer to this question is a very simple one and it's simply causes prices to increase and inflation to rise. [6]

You see this is a lesson in supply and demand is that when the minimum wage is increased it will cost more for companies to hire and train employees causing more people not to be hired (see video), this results in less jobs, the costs of businesses also rise to keep up with the increased wages and that this ends up causing inflation. [7]

You see this will be a continuous cycle. If you continue to rise the minimum wage then inflation will fallow causing the minimum wage to rise again and again until we end up with a problem like Zimbabwe. When the minimum wage was risen once more the US saw products prices increase via inflation by a factor of 10. ([8] [9]


Estimated Effects on Employment of an Increase in the Federal Minimum Wage, Second Half of 2016

Contention 3: Inflation's affect on Global Trade



Here when we observe the above chart we can see as the minimum wage increase the value of the dollar decreases. This only creates a terrible cycle that the average citizen is unable to get out of. The reason that this is important is because we would be raising the minimum wage to meet living requirements, but the thing that makes it contradictory is that prices will skyrocket causing for another call to raise the minimum wage to meet this resolution. It will be a vicious cycle that will the dollar to be worthless and have a devastating effect on the Global Economy. The higher the inflation rate also affects international trade as the higher the inflation is the higher the interest rates. [10] According to Paul Krugman, the devaluation of the dollar (caused by the resolution here) will lead to a decrease in people people buying product which hurts the economy of the nation. [11]

Sources
1. (http://www.foxnews.com...)
2. (http://www.jsonline.com...)
3. (http://www.forbes.com...)
4. (http://articles.chicagotribune.com...)
5. ( http://newsbusters.org...)
6. ( http://inflationdata.com...)
7. (http://www.goupstate.com...)
8. (http://www.nytimes.com...)
9. ( https://www.cbo.gov...)
10. ( http://www.investopedia.com...)
11. (http://www.economist.com...)
Debate Round No. 2
alexis77

Pro

alexis77 forfeited this round.
lannan13

Con

All points extended.
Debate Round No. 3
alexis77

Pro

alexis77 forfeited this round.
lannan13

Con

All points extended.

Please vote Con!
Debate Round No. 4
5 comments have been posted on this debate. Showing 1 through 5 records.
Posted by Jonbonbon 1 year ago
Jonbonbon
Money is based on the market. It doesn't just appear out of the air. Supply and demand determines who makes how much money.
Posted by GoOrDin 1 year ago
GoOrDin
hell no they should not be paid more.

you cannot look at a rich person and say, "I deserve more money"
they simply deserve less.

your money is sued to rob poor peopela nd terrorize the environment and neglect to contribute.

with $10 you can buy more than you are capable of producing at any job in North America within the time needed to make ten dollars. and you would work harder too regardless of the job.

the answer is not more money = fair. It is less money for the rich.
Posted by lannan13 1 year ago
lannan13
That's what I assume.
Posted by mrPrime 1 year ago
mrPrime
minimum wage?
Posted by lannan13 1 year ago
lannan13
I don't understand what you're trying to argue.
1 votes has been placed for this debate.
Vote Placed by Death23 1 year ago
Death23
alexis77lannan13Tied
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Total points awarded:01 
Reasons for voting decision: ff