Mitt Romney says "Raise the minimum wage"

zioxide

macrumors 603
Original poster
Dec 11, 2006
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Washington (CNN) - In a break with many in the Republican Party, Mitt Romney says he backs a move to raise the minimum wage.

"I, for instance, as you know, part company with many of the conservatives in my party on the issue of the minimum wage, the 2012 GOP presidential nominee said Friday morning.


"I think we ought to raise it, because frankly, our party is all about more jobs and better pay, and I think communicating that is important to us," Romney added in an interview on MSNBC's "Morning Joe."

Romney's comments come a week after a bill pushed by Senate Democrats to raise the minimum wage to $10.10 per hour failed to garner the 60 votes needed to pass. Only one Senate Republican voted for the measure.
http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
 

SLC Flyfishing

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Nov 19, 2007
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http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
Question is, how bad do you want to shout him down on this for being a republican?
 

EvilQueen

macrumors 6502
Aug 15, 2013
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In my own world
http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
I fail to see how raising the min wage and in return paying more for things in the store will change anything.
 

EvilQueen

macrumors 6502
Aug 15, 2013
261
21
In my own world
The math on that won't work out in your favor, just a heads up. I'm not going to take the time to break it down for you, but you can bet someone here will.
How much do you want to pay for your burger?

The math works out fine. If it costs more to produce, then it will cost more to buy. That's about as simple as I can make it for you. If that's not simple enough...well....:confused:
 

Michael Goff

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Jul 5, 2012
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http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
I thought bills needed 51 votes, not 60.
 

rdowns

macrumors Penryn
Jul 11, 2003
27,345
12,408
http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?


I give it until 1pm ET for some to call him a RINO.
 

Michael Goff

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How much do you want to pay for your burger?

The math works out fine. If it costs more to produce, then it will cost more to buy. That's about as simple as I can make it for you. If that's not simple enough...well....:confused:
Yeah, they calculated that doubling everybody's pay at McDonald's would add around 30 cents or so to the Big Mac and about everything else.

So terrible.
 

yg17

macrumors G5
Aug 1, 2004
14,888
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St. Louis, MO
How much do you want to pay for your burger?
I read an article yesterday, for the life of me can't find it, but McDonalds employees (not manager) make on average $21 an hour in Denmark, but a Big Mac in Denmark costs less than a dollar more than the US.

I'll pay under a dollar more of a Big Mac if it means the employees get a decent wage.
 

Menel

macrumors 603
Aug 4, 2011
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http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
'Obamacare' was modeled after 'Romneycare' he showed down MA residents.

He also pushed out a sport rifle ban.

He tows the Democrat political line through and through.
 

Michael Goff

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Jul 5, 2012
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rdowns

macrumors Penryn
Jul 11, 2003
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12,408
Now I'm confused. Mittens told us he was a "severe"Conservative when running. Doesn't mesh with his RINO position on the minimum wage. Or maybe he's complicated like someone else we know.
 

zioxide

macrumors 603
Original poster
Dec 11, 2006
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Question is, how bad do you want to shout him down on this for being a republican?
How does this make any sense whatsoever? I don't like Romney. Never did. He was a terrible governor here. But he's right on this matter.

I fail to see how raising the min wage and in return paying more for things in the store will change anything.
Walmart could pay every single one of their employees a living wage (around $13.50 per hour which would be about $3 higher than the proposed minimum wage increase) and pass the entire cost onto the consumer and prices would only rise 1.4%. So, that box of mac and cheese would cost 69 cents instead of 68 cents. A $200 TV would cost $202.80. That hardly breaks the bank.

On top of this, we'd save the US taxpayers something like $300 million dollars a year in welfare and food stamps since these programs would no longer have to subsidize Walmart's low-wage workforce.


'Obamacare' was modeled after 'Romneycare' he showed down MA residents.
Romney liked to think he could take credit for MA's health care law because it was passed while he was the governor. In reality, he was against many parts of it, and the Democratic supermajority in MA's congress overrode 8 of his veto's on parts of the law within 3 months of it being passed.
 

G51989

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Feb 25, 2012
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NYC NY/Pittsburgh PA

G51989

macrumors 68030
Feb 25, 2012
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NYC NY/Pittsburgh PA
How much do you want to pay for your burger?

The math works out fine. If it costs more to produce, then it will cost more to buy. That's about as simple as I can make it for you. If that's not simple enough...well....:confused:
So, your more concerned with the dollar Menu at McDonalds than the horrible problems with poverty America has?


And you also realize, you pay for those low wages, your tax money is used to pay for SNAP, Welfare, and assisted housing costs and cash benefits for the low wage workers who otherwise wouldn't be able to put a roof over their head.
 
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Huntn

macrumors demi-god
May 5, 2008
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The Misty Mountains
http://politicalticker.blogs.cnn.com/2014/05/09/romney-on-minimum-wage-we-out-to-raise-it/?hpt=hp_t2

So, former Republican presidential nominee Mitt Romney says he agrees with Democrats that the minimum wage needs to be raised in order to help boost the economy. Less than two years ago, this guy was America's savior according to the GOP, so it will be interesting to see how this plays out. Will some Republicans reevaluate their positions and start supporting wage increases, or will they just try to brush him off and attack him for his support of wanting to provide Americans better wages?

Thoughts?
He wants to help workers/the economy and be President! He could really believe the former is a good thing or use it as a gimmick, hard to say for sure.
 

Macky-Mac

macrumors 68030
May 18, 2004
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It isn't just Romney

Rick Santorum;

...Santorum argued that Republicans need to take a more reasonable approach to the issue and concede that the minimum wage needs to be raised once in a while. He said he believes it should be periodically increased so that it covers a certain percentage of the workforce.

"According to the numbers I've seen, the minimum wage covers about 2 percent of all workers. Historically, it's been 7 to 9 percent," Santorum told Todd. "And so what I've said -- and I argued this when I was in Congress -- we should try to keep it in the 7 percent range … Whatever gets you to 7 percent. Then, if it falls back, you have to look at the situation. If we're in an economic crisis, you may not want to raise it. If things are better, you probably do want to raise it."....


Tim Pawlenty

Hours before a scheduled vote on the matter in the Senate, Former Minnesota Gov. Tim Pawlenty (R) said Wednesday that he believes congressional Republicans should support raising the minimum wage from time to time....

..."Republicans should support reasonable increases to the minimum wage. If you're going talk to the talk about being for the middle-class working person, if we have a minimum wage, it should be reasonably adjusted from time to time," he said. "For all the Republicans who come on and talk about, you know, ‘We’re for the blue-collar worker, we’re for the working person,’ there are some basic things that we should be for."....
 

samiwas

macrumors 68000
Aug 26, 2006
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Atlanta, GA
How much do you want to pay for your burger?

The math works out fine. If it costs more to produce, then it will cost more to buy. That's about as simple as I can make it for you. If that's not simple enough...well....:confused:
If you think that prices would rise the equal amount that the cost of labor rises, then it would be impossible for us to make it simple enough for you.

If a person's wages go up 50%, but their expenses go up 5%, is that a bad thing economically?

I would have to see your source for that claim and determine if it takes into account the entire product chain.
How much of a "product chain" do you think there is at Wal-Mart or McDonald's?
 

noodlemanc

macrumors regular
Mar 25, 2010
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Australasia
If you think that prices would rise the equal amount that the cost of labor rises, then it would be impossible for us to make it simple enough for you.

If a person's wages go up 50%, but their expenses go up 5%, is that a bad thing economically?
Well, although the min wage workers that still have their jobs would benefit, the guy that made $12 an hour all along will see his expenses increase by 5% and his wages increase by 0%. There'd be a transfer of wealth.