Expectations of Minimum Wage

[EdwardBaiamonte]

Now you typed something about it being goofy to go after those who hite illegals. Kinda like you support hiring illegals.

I said there is no support for arresting those who hire illegals, but lots of support for a president who got elected to build a wall. 1+1=2

Ah? No support for enforcing the constitution and removing the incentive illegals have to enter. Got it. Folks want illegals and no wall.

As I said they elected Trump to build wall; there is no support for anything else. Can you grasp this??

 

[Muhammed]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

 

[Andylusion]

I'm sure this thread has been done to death, but I have never followed any as of yet. I think it boils down to one simple question. Are minimum wage jobs meant to support and raise families, to be the primary income for families? Does it make sense for someone working at McDonald's for 30 hrs a week, if they can get those hours, to say hey, I think I'll have three kids? I know many Republicans make the erroneous statement that it is just high school kids getting their first jobs. Many, many adults work minimum wage jobs, and many adults are not able to move up to better jobs. This doesn't change anything however, because if you are an adult, I would hope you would not try to start a family on a minimum wage job. Why do Democrats think that adults who work minimum wage jobs should have kids they can't afford? I have a strong hunch that the attempt to make every single job in America a bread winning family supporting job is a folly. Does it make sense that every job should guarantee the ability to raise a family? I think it makes more sense for people to wait to have kids until if or when they can afford them. Is that a radical idea?

I dunno. Its a deep topic. Minimum wage going up is going to cause inflation. Inflation will lessen the burden of plenty of bad mortgages.

Also consider those for illegals are effectively for people working under minimum wage. Those against illegals are demanding businesses pay at least minimum wage.

Most inflation is caused by investor returns. In the mid-70's investors received 10% of net profit, today it's 50%.

Based on what?

The total shareholder payout is going to be dramatically different between companies based on the number of outstanding shares.

It is also going to be dramatically different between companies that are buying back shares, and companies that are not.

Besides that, you people on the left claim you want to get money out of corporations, and into the hands of citizens.

Well, the largest investors in corporate stock, is pensions and retirement plans. Wouldn't a higher payout of profits going to the people, be a good thing?

Well, the largest investors in corporate stock, is pensions and retirement plans.

Not so. Only 37% of corporate stock is non-taxable pensions and retirement plans.

Which actually doesn't contradict my statement. If the next largest group of stock owners is only 36%, then my statement is still accurate.

A large portion is foreign investment, which I consider a good thing. Why would I not one foreign people investing in the US? That greatly benefits us.

Then you have insurance companies, which use returns on investment, to offset premiums. I consider that to be also a good thing. It means that large corporations doing well, result in you having either lower premium, or reduced increases in premiums.

Then you have non-profits, which use ROIs to fund their Ivy League schools, so left-wingers can cheat their way into Harvard for millions of dollars.

The percentage of taxable stock owned by billionaires, has decreased, while the stock owned by the common citizens has greatly increased.

 

[Andylusion]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

The pros will be that the few people left will have an income on par with inflation.

The cons will be that inflation will greatly increase, and the availability of jobs for low skilled workers will greatly decrease. More people will live off the government, end up homeless, and be pushed out of cities through gentrification. Which could be a good thing, depending on how you look at it.

Drug wars will increase, since when jobs are disappearing, people go from legal methods of earning money, to illegal. Police services will have to be increased to deal with it, costing more tax money, more race protests, since people assume police doing their job is racists, and the economy over all will falter.

 

[rightwinger]

Too many jobs require experience only or college degrees and then only pay $10 an hour or less. My Nephew handles thousands of dollars a day in sales and only makes a bit over $8 an hour. Positions of responsibility should pay more.

Supply and demand

Exactly why we need to seal the border. Cut off the Supply of people willing to live like animals and work their asses off.

You need to seal BOTH borders since 16% of illegals come from Canada.

The easier and more efficient way is to arrest and imprison employers (like tRump) that hire illegals.

Those Canadians sneak across the border and drink our beer and steal our wimmin

 

[danielpalos]

If all wages rose proportionate to the mandated minimum increase from $7.25 to $8.25, I should be making about $36.00/hour. Where's all the sense of liberal fairness? Why am I not fairly compensated?

raising the minimum wage will put an upward pressure on wages.

yea paying more for the SAME damn thing.

wage should beat inflation.

It wont, the people making $15 an hour now, will make $15.25 an hour or lose their job.

a cost of living adjustment helps Labor.

 

[danielpalos]

...a cost of living adjustment that helps Labor better afford our first world economy.

 

[EdwardBaiamonte]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

 

[rightwinger]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

 

[Toddsterpatriot]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

Because they are easily replaced

Yes, people with few skills and little or no experience are easily replaced.

 

[rightwinger]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

Because they are easily replaced

Yes, people with few skills and little or no experience are easily replaced.

Which is why they need protection from a minimum wage

Just because you can exploit someone doesn’t mean you should

 

[Toddsterpatriot]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

Because they are easily replaced

Yes, people with few skills and little or no experience are easily replaced.

Which is why they need protection from a minimum wage

Just because you can exploit someone doesn’t mean you should

Stopping them from getting jobs isn't helpful.

 

[rightwinger]

$20/hour minimum wage in the USA.

What are the pros and cons of a $20/hr
minimum wage?

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

Because they are easily replaced

Yes, people with few skills and little or no experience are easily replaced.

Which is why they need protection from a minimum wage

Just because you can exploit someone doesn’t mean you should

Stopping them from getting jobs isn't helpful.

It doesn’t stop them from getting jobs

The market adjusts to a higher wage. It always has

 

[Toddsterpatriot]

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

Removing minimum wage allows employers to exploit low skilled workers. Because they are easily replaced, it is simple to threaten them if they are unsatisfied. Just because you can exploit someone doesn’t mean you should

Because they are easily replaced

Yes, people with few skills and little or no experience are easily replaced.

Which is why they need protection from a minimum wage

Just because you can exploit someone doesn’t mean you should

Stopping them from getting jobs isn't helpful.

It doesn’t stop them from getting jobs

The market adjusts to a higher wage. It always has

It doesn’t stop them from getting jobs

If someone adds $6 an hour of value, but they can't be hired for less than $8 an hour, they won't be hired.

The market adjusts to a higher wage.

You're right. By eliminating the jobs of the least productive.

 

[EdwardBaiamonte]

It doesn’t stop them from getting jobs

of course it does! it makes it illegal to hire those not worth the minimum wage.

 

[dblack]

It doesn’t stop them from getting jobs

of course it does! it makes it illegal to hire those not worth the minimum wage.

I hate agreeing with Special Ed, but here he's right. The net effect of minimum wage is to ban low-wage jobs. Which means low-wage workers are out of luck, short of welfare or working off the books (illegally).

 

[Supposn]

Reasons intelligent people oppose minimum wage:

1) makes it illegal to employ people not worth minimum wage
2) raise prices for poor people who often shop where minimum wage folks work
3) speeds up automation and replacement of minimum wage jobs
4) teaches workers that you get ahead with govt violence rather than being worth more
5) raises prices, reduces demand, and thus reduces employment
6) makes American workers even less competitive with foreign workers
7) makes a huge % of work force (42%) minimum age workers with no incentive to improve their skills.
8) speeds up transition from high density brick and mortar employment to low density on line employment
9) encourages govt to enact more libsocialist policies to get more votes from the supposed beneficiaries

I suppose all major industrial nations have something that functions similarly to USA's federal minimum wage rate. Eliminating the federal minimum wage rate would be net detrimental to our nation's economy. That would reduce the purchasing powers of the median wage, which indicates the minimum's effects upon all of our nation's wages. Low wage employees would be the most severely impacted and poverty would increase.

Opposition to the federal minimum wage rate is not an indication of intelligence, but it reveals a meanness of character.
Refer to:
www.usmessageboard.com/threads/minimum-wage-is-a-character-issue.689714/

I'm a proponent for annually increasing the federal minimum wage rate by 12.5% until it exceeds 25% of its February 1968 Cost-Price Index value. That minimum rate should be annually readjusted (if required), to thereafter retain its purchasing power.

Respectfully, Supposn

 

[dblack]

Opposition to the federal minimum wage rate is not an indication of intelligence, but it reveals a meanness of character.

Yes. And I kick puppies twice a day. Do you expect to be taken seriously making such inane comments?

 

[dblack]

I'm a proponent for annually increasing the federal minimum wage rate by 12.5% until it exceeds 25% of its February 1968 Cost-Price Index value. That minimum rate should be annually readjusted (if required), to thereafter retain its purchasing power.

Why? Why not higher?

 

[danielpalos]

It doesn’t stop them from getting jobs

of course it does! it makes it illegal to hire those not worth the minimum wage.

then the legislature simply needs to make it illegal to take tax break for Labor costs because the employer is not worth it if they can't hire everyone in right to work States.