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@JeffB79116057 @NewsOn6 Which is also something rich people pay millions to fight against.

@JeffB79116057 @NewsOn6 Markets have also coincided the largest wealth gap in human history. The problem is how to disperse the wealth the “market” has generated. What’s funny, is that rich people fight against these type of things all the time. Which is why we start saying tax the rich and raise wages.

Oklahoma’s minimum wage is on the ballot with State Question 832 newson6.com/oklahoma-polit…

@JeffB79116057 @NewsOn6 I’m just throwing stuff at you. I’m new to this and wanna learn more.

@JeffB79116057 @NewsOn6 So essentially, bc business want to take advantage of cheap labor, that in turn opens up new opportunities for entry level workers. Maybe that’s a fact that I don’t agree with. I need to do more research, but it just seems like a way to allow business to get away with cheap labor

@JeffB79116057 @NewsOn6 One sentence you say poverty and living standards need to improve, then you say business flexibility and market driven wages have historically produced wage growth and falling poverty? If the market was so reliable, why is poverty and wage disparity the worse it’s ever been.?

The goal isn’t in dispute: fewer people in poverty and higher living standards. The disagreement is over which approach actually moves the needle sustainably. Business flexibility and market-driven wages have historically produced broad wage growth and falling poverty rates over decades—not through mandates, but through rising productivity, capital investment, and more job opportunities overall. Stagnation isn’t the default of free labor markets; it’s what happens when regulations, taxes, education outcomes, or other frictions hold productivity back. High reliance on public assistance is a real problem, but raising the minimum wage doesn’t automatically shrink it. It can shift some people off assistance while pushing others into unemployment or reduced hours, and it often raises business costs that get passed to consumers (including lower-income ones). The states with the highest minimum wages still have significant poverty and high costs of living. There is always compromise in policy. The question is whether we want the compromise to be discovered through voluntary exchange—where employers and workers negotiate based on actual value—or imposed from above with the same political process that set the initial floor and then indexes it. One version lets the labor market expand opportunities; the other caps the bottom and hopes the trade-offs land on the right people. Reducing poverty long-term has come from making workers more productive and the economy larger, not from redefining what entry-level compensation must be by law.

@JeffB79116057 @NewsOn6 Yes I agree, but how much are those opportunities reduced ? Is there evidence that there will be some dramatic reduction of opportunities for young workers ? Some compromise is ok. Closing some doors often opens new ones.

Gradual or not, a mandated floor still prices some workers out once it exceeds what they can currently produce. The slow ramp and small CPI bumps don’t change the core mechanism—they just spread the distortion over time. Markets already set entry-level pay in Oklahoma well below $20 because that’s what the productivity and local conditions support. Forcing it higher, even incrementally, reduces opportunities at the bottom rather than expanding them.

@JeffB79116057 @NewsOn6 If not minimum wage increase, how do we fight it? Over the last 10 years, the wealth disparity has only gotten bigger. But anytime someone says tax the rich or increase minimum wage, everything is against it. What can actually help?

@JeffB79116057 @NewsOn6 I agree with your statements. The minimum wage increases are not the end all be all. Once you really look at it, there so many factors involved. I see that simply increasing the minimum wage is not enough. Yet poverty and inequality are at its highest due to “the market”.

@OklahomaBitcoin @raisethewageok Basic economics but disagrees with the research done to support it. Yes. Raising wages causes business to make up that cost. Most assume they just raise their prices, correct? You ever think maybe there’s other ways to hit their margins? Why don’t prices go up all the time?

@Tyusmess @raisethewageok My friend - it's basic economic. There's no amount of "paid research" which is often created with a biased direction. You raise a companies wages, they are not going to eat that cost. They MUST pass it on.

🗳️ Vote YES on State Question 832 🇺🇸 Raising the minimum wage will help ALL of Oklahoma

@JeffB79116057 @NewsOn6 Btw the increase would only get to $15 in 3 years. Then after that it likely will only increase by like .20 - .40 cents a year at most. That seems very reasonable. No one is paying $20 for entry level jobs in OK anytime soon.

@JeffB79116057 @NewsOn6 Yes. I never disagreed that there would be no drawbacks. Thats not the point. There’s always compromise. What goal are we trying to achieve is the question. Do you want to keep business flexibility, stagenat wages, and high reliance of public assistance or decrease OK’s poverty.

@s_osby @OklahomaBitcoin @raisethewageok Yes. I’ve seen California comments everywhere. I’ve done little research on California specifically because I don’t think that state is irrelevant. If you guys were actually being serious, you’d bring up states like Arkansas or Missouri. I wonder why you don’t. Hmm 🤔

@Tyusmess @OklahomaBitcoin @raisethewageok Says California.

@BobLoblaw0402 @NewsOn6 True. Decimation is still wrong though. I don’t know where you’re getting this from. No economy has been severely affected by gradually minimum wage increases. If you believe otherwise, I would highly recommend stepping out of your circle for a moment.

@Tyusmess @NewsOn6 I didn’t use the word “collapsed”, I used the word “decimate”.

@BobLoblaw0402 @NewsOn6 Collapsed may have been the wrong word for you lol

@BobLoblaw0402 @NewsOn6 Okay I was obliviously lost. Thank you for the clarification. What similar states that have increased their minimum wage have seen their economy collapse? I feel like if any state’s economy collapsed we would hear about it. Yet, I hear not a word. Just curious on your source.

@JeffB79116057 @NewsOn6 Business also do NOT always pay the worker what they are worth lol you’ll see the same job with the same requirements pay $9-$15/hr. That’s a huge discrepancy. To assume business will pay them right is funny. Why do you think businesses fire skilled workers and hire immigrants.

Ah yes, the classic “just make workers more skilled lol” dismissal. Businesses don’t arbitrarily “decide what to pay us.” They pay what the market will bear based on the value created—otherwise competitors hire the talent away or the business fails. That’s the constraint the mandate removes. The uncomfortable part is that minimum wage laws don’t create skills or productivity; they simply make it illegal for many low-productivity workers (often young people getting their first job) to offer their labor at a price an employer is willing to pay. Result: fewer opportunities to gain the very skills and experience that raise future wages. You’re right that skilled workers earn more. The question is whether we want a system that helps people get on the ladder in the first place, or one that kicks the bottom rung out because “businesses might not pay enough.” Markets have been raising real wages for centuries through exactly the mechanism you’re mocking. Price floors tend to have a different track record. Let people trade freely. The alternative is politicians and activists deciding the “correct” wage from afar while the least advantaged quietly lose options

@JeffB79116057 @NewsOn6 I understand where you’re coming from. But you’re making it seem like low wage workers rely on these non livable paid jobs. Which some do I’m sure, but I think you’re being dramatic. As well as the fact that the CPI-W will be the ones adjusting wages. Not the government.