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Expectations of Minimum Wage
- Thread starter DustyInfinity
- Start date
Did you use a random word generator to create this gibberish?
Sorry, the Mises institute is/has become a little too racist for me to stomach...Where do you get that kind of silly opinion from bear??To answer the Title of this thread, minimum wage was suppose to be a minimum living wage, that a family could live on, when it was first created.
The purpose of the minimum wage was to stabilize the post-depression economy and protect the workers in the labor force. The minimum wage was designed to create a minimum standard of living to protect the health and well-being of employees.
----------------------------------
My State just went to $11 an hour, Jan 1st, 2020 it is to go to $12 an hour....
No it wasnt, It was to keep the Black man from working.
Maybe some southern states used that as an excuse to not hire blacks, because those 'colored people' should be working for 'free', kind of sh*t, but the federal minimum wage was NOT created for that purpose...
Silly opinion?
Haven't vou ever read a history book in your life?
It was not even in the US, that was the reason for the minimum wage laws the world over ..
God why do I have to educate you liberals on here all the time.
The Racist History of Minimum Wage Laws | Chris Calton
The Racist History of Minimum Wage Laws
160 COMMENTS
TAGS Big GovernmentU.S. History
04/16/2017Chris Calton
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had already been done away with. But his observation about the racist effects of minimum wage laws can be traced back to the nineteenth century, and they continue to have a disproportionately deleterious effect on African-Americans into the present day.
The earliest of such laws were regulations passed in regards to the railroad industry. At the end of the nineteenth century, as Dr. Walter Williams points out, "On some railroads — most notably in the South — blacks were 85–90 percent of the firemen, 27 percent of the brakemen, and 12 percent of the switchmen."1
The Brotherhood of Locomotive Firemen, unable to block railroad companies from hiring the non-unionized black workers, called for regulations preventing the employment of blacks. In 1909, a compromise was offered: a minimum wage, which was to be imposed equally on all races.
To the pro-minimum wage advocate, this may superficially seem like an anti-racist policy. During this time, with racism still rampant throughout the United States, blacks were only able to enjoy such high levels of employment by accepting lower wages than their white counterparts. These wage-gaps at the time genuinely were the product of racist sentiment.
But this new wage rule, of course, did not eliminate the racism of nineteenth-century employers. Instead, it displaced their racism at the expense of black workers.
https://www.google.com/amp/s/nypost.com/2013/09/17/why-racists-love-the-minimum-wage-laws/amp/
Why racists love the minimum wage laws
By Thomas Sowell
September 17, 2013 | 8:35pm
Fast food workers to protest the minimum wage in New York.Carlo Allegri/Reuters
A survey of American economists found that 90 percent of them regarded minimum-wage laws as increasing the rate of unemployment among low-skilled workers.
Inexperience is often the problem: Only about 2 percent of Americans over the age of 24 earned the minimum wage.
Advocates of minimum-wage laws usually base their support of such laws on their estimate of how much a worker “needs” in order to have “a living wage” — or on some other criterion that pays little or no attention to the worker’s skill level, experience or general productivity. So it’s hardly surprising that minimum-wage laws set wages that price many a young worker out of a job.
Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,383
- 2,180
Sorry, the Mises institute is/has become a little too racist for me to stomach...Where do you get that kind of silly opinion from bear??No it wasnt, It was to keep the Black man from working.
Maybe some southern states used that as an excuse to not hire blacks, because those 'colored people' should be working for 'free', kind of sh*t, but the federal minimum wage was NOT created for that purpose...
Silly opinion?
Haven't vou ever read a history book in your life?
It was not even in the US, that was the reason for the minimum wage laws the world over ..
God why do I have to educate you liberals on here all the time.
The Racist History of Minimum Wage Laws | Chris Calton
The Racist History of Minimum Wage Laws
160 COMMENTS
TAGS Big GovernmentU.S. History
04/16/2017Chris Calton
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had already been done away with. But his observation about the racist effects of minimum wage laws can be traced back to the nineteenth century, and they continue to have a disproportionately deleterious effect on African-Americans into the present day.
The earliest of such laws were regulations passed in regards to the railroad industry. At the end of the nineteenth century, as Dr. Walter Williams points out, "On some railroads — most notably in the South — blacks were 85–90 percent of the firemen, 27 percent of the brakemen, and 12 percent of the switchmen."1
The Brotherhood of Locomotive Firemen, unable to block railroad companies from hiring the non-unionized black workers, called for regulations preventing the employment of blacks. In 1909, a compromise was offered: a minimum wage, which was to be imposed equally on all races.
To the pro-minimum wage advocate, this may superficially seem like an anti-racist policy. During this time, with racism still rampant throughout the United States, blacks were only able to enjoy such high levels of employment by accepting lower wages than their white counterparts. These wage-gaps at the time genuinely were the product of racist sentiment.
But this new wage rule, of course, did not eliminate the racism of nineteenth-century employers. Instead, it displaced their racism at the expense of black workers.
https://www.google.com/amp/s/nypost.com/2013/09/17/why-racists-love-the-minimum-wage-laws/amp/
Why racists love the minimum wage laws
By Thomas Sowell
September 17, 2013 | 8:35pm
Fast food workers to protest the minimum wage in New York.Carlo Allegri/Reuters
A survey of American economists found that 90 percent of them regarded minimum-wage laws as increasing the rate of unemployment among low-skilled workers.
Inexperience is often the problem: Only about 2 percent of Americans over the age of 24 earned the minimum wage.
Advocates of minimum-wage laws usually base their support of such laws on their estimate of how much a worker “needs” in order to have “a living wage” — or on some other criterion that pays little or no attention to the worker’s skill level, experience or general productivity. So it’s hardly surprising that minimum-wage laws set wages that price many a young worker out of a job.
why you dont know how to research a topic and besides this is common knowledge the reason why the minmum wage laws went into effect..
and P.S. Milton Friedman?
Milton Friedman
American economist
Description
Milton Friedman was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. Wikipedia
Born: July 31, 1912, Brooklyn, New York City, NY
Died: November 16, 2006, San Francisco, CA
Height: 5′ 0″
Education: The University of Chicago (1933), MORE
Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,383
- 2,180
Sorry, the Mises institute is/has become a little too racist for me to stomach...Where do you get that kind of silly opinion from bear??
Maybe some southern states used that as an excuse to not hire blacks, because those 'colored people' should be working for 'free', kind of sh*t, but the federal minimum wage was NOT created for that purpose...
Silly opinion?
Haven't vou ever read a history book in your life?
It was not even in the US, that was the reason for the minimum wage laws the world over ..
God why do I have to educate you liberals on here all the time.
The Racist History of Minimum Wage Laws | Chris Calton
The Racist History of Minimum Wage Laws
160 COMMENTS
TAGS Big GovernmentU.S. History
04/16/2017Chris Calton
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had already been done away with. But his observation about the racist effects of minimum wage laws can be traced back to the nineteenth century, and they continue to have a disproportionately deleterious effect on African-Americans into the present day.
The earliest of such laws were regulations passed in regards to the railroad industry. At the end of the nineteenth century, as Dr. Walter Williams points out, "On some railroads — most notably in the South — blacks were 85–90 percent of the firemen, 27 percent of the brakemen, and 12 percent of the switchmen."1
The Brotherhood of Locomotive Firemen, unable to block railroad companies from hiring the non-unionized black workers, called for regulations preventing the employment of blacks. In 1909, a compromise was offered: a minimum wage, which was to be imposed equally on all races.
To the pro-minimum wage advocate, this may superficially seem like an anti-racist policy. During this time, with racism still rampant throughout the United States, blacks were only able to enjoy such high levels of employment by accepting lower wages than their white counterparts. These wage-gaps at the time genuinely were the product of racist sentiment.
But this new wage rule, of course, did not eliminate the racism of nineteenth-century employers. Instead, it displaced their racism at the expense of black workers.
https://www.google.com/amp/s/nypost.com/2013/09/17/why-racists-love-the-minimum-wage-laws/amp/
Why racists love the minimum wage laws
By Thomas Sowell
September 17, 2013 | 8:35pm
Fast food workers to protest the minimum wage in New York.Carlo Allegri/Reuters
A survey of American economists found that 90 percent of them regarded minimum-wage laws as increasing the rate of unemployment among low-skilled workers.
Inexperience is often the problem: Only about 2 percent of Americans over the age of 24 earned the minimum wage.
Advocates of minimum-wage laws usually base their support of such laws on their estimate of how much a worker “needs” in order to have “a living wage” — or on some other criterion that pays little or no attention to the worker’s skill level, experience or general productivity. So it’s hardly surprising that minimum-wage laws set wages that price many a young worker out of a job.
why you dont know how to research a topic and besides this is common knowledge the reason why the minmum wage laws went into effect..
and P.S. Milton Friedman?
Milton Friedman
American economist
View attachment 250804
Description
Milton Friedman was an American economist who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy. Wikipedia
Born: July 31, 1912, Brooklyn, New York City, NY
Died: November 16, 2006, San Francisco, CA
Height: 5′ 0″
Education: The University of Chicago (1933), MORE
more from Forbes
On The Historically Racist Motivations Behind Minimum Wage
“In 1925, a minimum-wage law was passed in the Canadian province of British Columbia, with the intent and effect of pricing Japanese immigrants out of jobs in the lumbering industry.
A Harvard professor of that era referred approvingly to Australia’s minimum wage law as a means to “protect the white Australian’s standard of living from the invidious competition of the colored races, particularly of the Chinese” who were willing to work for less.
In South Africa during the era of apartheid, white labor unions urged that a minimum-wage law be applied to all races, to keep black workers from taking jobs away from white unionized workers by working for less than the union pay scale.”
gallantwarrior
Gold Member
Raise the minimum wage and illegals will still work for less, often far less, than the legal minimum. Fewer jobs for legal citizens and lots more under the table jobs for illegals.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.
gallantwarrior
Gold Member
And never forget, more wages mean more taxes levied by the same government that is forcing wages to increase.
Sorry, the Mises institute is/has become a little too racist for me to stomach...Where do you get that kind of silly opinion from bear??No it wasnt, It was to keep the Black man from working.
Maybe some southern states used that as an excuse to not hire blacks, because those 'colored people' should be working for 'free', kind of sh*t, but the federal minimum wage was NOT created for that purpose...
Silly opinion?
Haven't vou ever read a history book in your life?
It was not even in the US, that was the reason for the minimum wage laws the world over ..
God why do I have to educate you liberals on here all the time.
The Racist History of Minimum Wage Laws | Chris Calton
The Racist History of Minimum Wage Laws
160 COMMENTS
TAGS Big GovernmentU.S. History
04/16/2017Chris Calton
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had already been done away with. But his observation about the racist effects of minimum wage laws can be traced back to the nineteenth century, and they continue to have a disproportionately deleterious effect on African-Americans into the present day.
The earliest of such laws were regulations passed in regards to the railroad industry. At the end of the nineteenth century, as Dr. Walter Williams points out, "On some railroads — most notably in the South — blacks were 85–90 percent of the firemen, 27 percent of the brakemen, and 12 percent of the switchmen."1
The Brotherhood of Locomotive Firemen, unable to block railroad companies from hiring the non-unionized black workers, called for regulations preventing the employment of blacks. In 1909, a compromise was offered: a minimum wage, which was to be imposed equally on all races.
To the pro-minimum wage advocate, this may superficially seem like an anti-racist policy. During this time, with racism still rampant throughout the United States, blacks were only able to enjoy such high levels of employment by accepting lower wages than their white counterparts. These wage-gaps at the time genuinely were the product of racist sentiment.
But this new wage rule, of course, did not eliminate the racism of nineteenth-century employers. Instead, it displaced their racism at the expense of black workers.
https://www.google.com/amp/s/nypost.com/2013/09/17/why-racists-love-the-minimum-wage-laws/amp/
Why racists love the minimum wage laws
By Thomas Sowell
September 17, 2013 | 8:35pm
Fast food workers to protest the minimum wage in New York.Carlo Allegri/Reuters
A survey of American economists found that 90 percent of them regarded minimum-wage laws as increasing the rate of unemployment among low-skilled workers.
Inexperience is often the problem: Only about 2 percent of Americans over the age of 24 earned the minimum wage.
Advocates of minimum-wage laws usually base their support of such laws on their estimate of how much a worker “needs” in order to have “a living wage” — or on some other criterion that pays little or no attention to the worker’s skill level, experience or general productivity. So it’s hardly surprising that minimum-wage laws set wages that price many a young worker out of a job.
You seriously never heard that reason before?
The last time the black unemployment rate was below the white rate was the year before the
Federal Minimum Wage was enacted.
gallantwarrior
Gold Member
Oh, hell no! Matter of fact, merit based wage increases either didn't happen or were decreased to the point that they were...token.ToddsterPatriot, your pretense of ignorance is not (as you seem to believe), particularly cute.you're well aware of federal minimum wage's boosts to all USA wages.
Show me how the wages of the bottom 2 million workers boosts all wages.
If you can, use more than just your ill-educated feelings in your proof.
I suppose but will not waste my time searching to confirm, if you are or aren't among those explicitly referring to economic concepts as economic “laws”. Linguistics is not among my major interests.
Due to the economic concept of “wage differentials”, to the extent of the federal minimum wage rate's purchasing power and its legal enforcement in the USA, it also to some extent bolsters all other than USA's minimum wage rate. Respectfully, Supposn
ToddsterPatriot, your pretense of ignorance is not (as you seem to believe), particularly cute.
Your ignorant claims and recommendations aren't cute either.
Due to the economic concept of “wage differentials”, to the extent of the federal minimum wage rate's purchasing power and its legal enforcement in the USA, it also to some extent bolsters all other than USA's minimum wage rate.
I've never had a job where my compensation was based on multiples of the minimum wage.
When the minimum wage was increased in the past, I never received a notification from HR that said "since the minimum wage was increased by X, wages across the board will now increase by (X+Y) or by (X*Y)".
Have you?
gallantwarrior
Gold Member
Certainly. Because the price indices increased across the board, especially for essential commodities, my wages could not purchase as much as before.ToddsterPatriot, no not notified but yes, affected. Just as your pay, my pay was also to some extent affected by the purchasing power of the federal minimum wage rate. Every USA wage or salary is to some extent affected. Respectfully, Supposn... I've never had a job where my compensation was based on multiples of the minimum wage.ToddsterPatriot, your pretense of ignorance is not (as you seem to believe), particularly cute. ... Due to the economic concept of “wage differentials”, to the extent of the federal minimum wage rate's purchasing power and its legal enforcement in the USA, it also to some extent bolsters all other than USA's minimum wage rate. Respectfully, Supposn
When the minimum wage was increased in the past, I never received a notification from HR that said "since the minimum wage was increased by X, wages across the board will now increase by (X+Y) or by (X*Y)".
Have you?
gallantwarrior
Gold Member
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?
danielpalos
Diamond Member
- Banned
- #71
raising the minimum wage will put an upward pressure on wages.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?
Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,383
- 2,180
yea paying more for the SAME damn thing.raising the minimum wage will put an upward pressure on wages.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?
danielpalos
Diamond Member
- Banned
- #73
wage should beat inflation.yea paying more for the SAME damn thing.raising the minimum wage will put an upward pressure on wages.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?
Wyatt earp
Diamond Member
- Apr 21, 2012
- 69,975
- 16,383
- 2,180
wage should beat inflation.yea paying more for the SAME damn thing.raising the minimum wage will put an upward pressure on wages.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?
It wont, the people making $15 an hour now, will make $15.25 an hour or lose their job.
Toronado3800
Gold Member
- Nov 15, 2009
- 7,608
- 560
- 140
Raise the minimum wage and illegals will still work for less, often far less, than the legal minimum. Fewer jobs for legal citizens and lots more under the table jobs for illegals.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.
sounds like time to enforce laws against businesses, not cave in and let the empire die because you can't control the business class.
Minimum wage should be linked to the cost of living. It goes up the minimum wage goes up too.
Tail-chasing.
It is wrong to price things to the point that the ones on the bottom can no longer survive without government assistance.Minimum wage should be linked to the cost of living. It goes up the minimum wage goes up too.
Tail-chasing.
I also think we should tax those who automate more than those who use real humans in their work force. To pay for those who can't find work due to their automation.
It is wrong to price things to the point that the ones on the bottom can no longer survive without government assistance.Minimum wage should be linked to the cost of living. It goes up the minimum wage goes up too.
Tail-chasing.
I also think we should tax those who automate more than those who use real humans in their work force. To pay for those who can't find work due to their automation.
Good idea. Punish innovation or the win!
oldsoul
Gold Member
Seems like a lot of double speak and unintelligible gibberish, passed off as knowledgeable insight.ToddsterPatriot and OldSoul, a median wage rate of poor purchasing power indicates lesser national living standard. If the income rates of the lowest third of USA’s income earners’ population are insufficient, it’s unlikely for USA's median wage rate to be comparatively sufficient.
The median wage rate could conceivably be greater only if USA' s population of lowest third income earners are extremely more represented by those earning the highest wage rates within their segment of income earners, and extremely few earners within their population's income bracket are earners of lesser wage rates.
Unfortunately within each population segment of income brackets, the segments' population of income earners are distributed in the opposite manner; the lower wage rate earners are more, and the higher wage rate earners within their income brackets are less represented. Due to this being the cases, if the federal mineral wage rate's insufficient, the median wage rate's also comparatively insufficient.
Respectfully, Supposn
Did you use a random word generator to create this gibberish?
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