Mexicrats want a $15 minimum wage to make life easier for illegal aliens

Good; wait till you see how half the income goes to expenses and liabilities.
I plan to pay fifteen an hour, from inception.
If that’s your paradigm, I hope you are happy.
social services cost around fourteen dollars an hour by comparison. only the right wing, whines about taxes.
Social Sevices should be cut in favor of education and job/career placement.
Capitalism has a natural rate of unemployment; socialism doesn't.
In reality, socialist countries get pissed off when the US cuts off funding.
 
I plan to pay fifteen an hour, from inception.
If that’s your paradigm, I hope you are happy.
social services cost around fourteen dollars an hour by comparison. only the right wing, whines about taxes.
Social Sevices should be cut in favor of education and job/career placement.
Capitalism has a natural rate of unemployment; socialism doesn't.
In reality, socialist countries get pissed off when the US cuts off funding.
Only lousy capitalists introduce friction to an economy instead of liquidity. Even good socialists, don't do that.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

Higher paid labor, pays more in taxes and creates more in demand.

Promoting the general welfare implies a Positive multiplier not a Negative multiplier on our economy.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?

I didn't say anything about prospering on 12 bucks an hour. I said that if minimum wage had kept up with inflation, it would be at 12 bucks an hour. Nothing was said about getting rich. The price of things has increased quite a bit while wages have almost remained flat.

And, in my link, it also says that if worker wages were directly linked to worker productivity, it would be more like 22 bucks an hour.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

Higher paid labor, pays more in taxes and creates more in demand.
Boring and bordering on Ignore.
No citizen should clamor for a Minimum Wage society.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

Higher paid labor, pays more in taxes and creates more in demand.
Boring and bordering on Ignore.
No citizen should clamor for a Minimum Wage society.
Nobody is. Only the right wing wants to abolish the minimum wage.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

Higher paid labor, pays more in taxes and creates more in demand.
Boring and bordering on Ignore.
No citizen should clamor for a Minimum Wage society.
Nobody is. Only the right wing wants to abolish the minimum wage.
Do you have a degree?
If not, what prevented it?
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”
And where does one prosper on $12.00/hour?
we really just need a fifteen dollar an hour minimum wage, unemployment compensation for being unemployed on an at-will basis in our at-will employment States, and Industrial Automation to help with social costs.

Higher paid labor, pays more in taxes and creates more in demand.
Boring and bordering on Ignore.
No citizen should clamor for a Minimum Wage society.
Nobody is. Only the right wing wants to abolish the minimum wage.
Do you have a degree?
If not, what prevented it?
Special pleading in a vacuum? Capitalism has a natural rate of unemployment, even if everyone is required to obtain a doctorate to enter the work force.
 
You know, many economists say that if the minimum wage had kept up with inflation, it would be around 12 bucks an hour right now.

5 facts about the minimum wage

1Adjusted for inflation, the federal minimum wage peaked in 1968 at $8.68 (in 2016 dollars). Since it was last raised in 2009, to the current $7.25 per hour, the federal minimum has lost about 9.6% of its purchasing power to inflation. Back in 2015, The Economist estimated that, given how rich the U.S. is and the pattern among other advanced economies in the Organization for Economic Cooperation and Development, “one would expect America … to pay a minimum wage around $12 an hour.”

I know you were a titless WAVE but what you stated and what the article said are two different amounts.

Key on that 9.6% figure to see that will not equal $12.00.
 

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