Perhaps the Problem With Minimum Wage is NOT the Rate....

[JimBowie1958]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

 

[tigerred59]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

But we're not, so an increase is a needed adjustment, agreed?

 

[TNHarley]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

But we're not, so an increase is a needed adjustment, agreed?

Not when we keep signing trade deals so our jobs go overseas because it is too fuckin expensive here!
Bottom line, minimum wage is a temporary fix. And in all reality it isn't even that.. The people it is supposed ot help, actually gets hurt. The GDP of the non-skilled goes down while the overall economy goes up.

 

[TNHarley]

Didn't corrupt cankles say something about trump wanting slave labor? lol
No, he just isn't a complete moron. He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

 

[JimBowie1958]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

 

[toxicmedia]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

But we're not, so an increase is a needed adjustment, agreed?

Not when we keep signing trade deals so our jobs go overseas because it is too fuckin expensive here!
Bottom line, minimum wage is a temporary fix. And in all reality it isn't even that.. The people it is supposed ot help, actually gets hurt. The GDP of the non-skilled goes down while the overall economy goes up.

Minimum wage should never take the form of a "liveable" wage.

It should be a starting point, not adequate forever, because too many will stay at the starting point with no motivation

 

[TNHarley]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

The whole premise cant be applied and actually help countries in our position without labor mobility. IE open borders.
Nothing wrong with free trade. It is a good thing, when it is at the right time. We cant compete. Some moron might say our economy is growing, our manufacturing is the best in the world, but it is a fools party. Unless you run a corporation.. Our manufacturing jobs are LOW.
This is examples of the rich getting richer, and the poor getting poorer. We got less rich, so third world shit holes could get less poor.

 

[JimBowie1958]

Not when we keep signing trade deals so our jobs go overseas because it is too fuckin expensive here!
Bottom line, minimum wage is a temporary fix. And in all reality it isn't even that.. The people it is supposed ot help, actually gets hurt. The GDP of the non-skilled goes down while the overall economy goes up.

Minimum wage should never take the form of a "liveable" wage.

It should be a starting point, not adequate forever, because too many will stay at the starting point with no motivation[/QUOTE]

I am not sure where you get your concept of what the minimum wage is supposed to be.

It is supposed to be a minimum livable wage, not some abstract preference.

When we had a decent minimum wage the economy was much better because we had a strong consumer market as a result.

But now after decades of exporting jobs and primary industrial plant, we are suffering a deep and very broad erosion of the Middle class which is the engine of the consumer market, the golden goose if you will. Yeah we can try to kill this goose to get an immediate egg, but we lose all the eggs it can lay in the future in doing so.

Sol only an idiot will cannibalize our own middle class in order to get quick corporate profits.

 

[toxicmedia]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

The whole premise cant be applied and actually help countries in our position without labor mobility. IE open borders.
Nothing wrong with free trade. It is a good thing, when it is at the right time. We cant compete. Some moron might say our economy is growing, our manufacturing is the best in the world, but it is a fools party. Unless you run a corporation.. Our manufacturing jobs are LOW.
This is examples of the rich getting richer, and the poor getting poorer. We got less rich, so third world shit holes could get less poor.

I would go further and say that fighting communism was an economic mistake.

Exporting democracy or at least capitalism, created stiff competition.

How many businesses want more competition?

 

[JimBowie1958]

The whole premise cant be applied and actually help countries in our position without labor mobility. IE open borders.
Nothing wrong with free trade. It is a good thing, when it is at the right time. We cant compete. Some moron might say our economy is growing, our manufacturing is the best in the world, but it is a fools party. Unless you run a corporation.. Our manufacturing jobs are LOW.
This is examples of the rich getting richer, and the poor getting poorer. We got less rich, so third world shit holes could get less poor.

'Free' trade requires regulation and oversight to keep it 'free' from corruption and government manipulation.

If a market is not regulated it is always rigged for the market makers profit.

 

[JimBowie1958]

I would go further and say that fighting communism was an economic mistake.

Exporting democracy or at least capitalism, created stiff competition.

How many businesses want more competition?

Well, I think they were shooting for a larger consumer market. They talked themselves into buying this mirage that the communist government controlled one billion Chinese market is a better consumer market than 300 million Americans with vast amounts of stored wealth.

 

[TNHarley]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

The whole premise cant be applied and actually help countries in our position without labor mobility. IE open borders.
Nothing wrong with free trade. It is a good thing, when it is at the right time. We cant compete. Some moron might say our economy is growing, our manufacturing is the best in the world, but it is a fools party. Unless you run a corporation.. Our manufacturing jobs are LOW.
This is examples of the rich getting richer, and the poor getting poorer. We got less rich, so third world shit holes could get less poor.

I would go further and say that fighting communism was an economic mistake.

Exporting democracy or at least capitalism, created stiff competition.

How many businesses want more competition?

you know, I wont necessarily argue with that.

 

[Conservative65]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

But we're not, so an increase is a needed adjustment, agreed?

What needs an increase is the low skilled person's skill level. Let them improve their skill level and their pay will increase. If they spent half as much time bettering themselves as they do bitching about being handed something for skills one step above what a monkey could be trained to do, the problem would solve itself.

 

[dannyboys]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

 

[TNHarley]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

So basically you are tired and just want to bend over and take it?

 

[JimBowie1958]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

Danny, that is total bullshit in that we are NOT a bunch of helpless victims here. We can fight back and take our country back and restore policies to be fair to the public.

This fatalism you seem entranced with is just horse shit spun by our corporate masters to make us think we cannot fight back. But history proves we can fight back and win as well.

Buck up bro and fight those who are bleeding you.

 

[tigerred59]

Minimum wage in 1960 was $1.25. The silver content of that amount then was .875 ounces which is about $12 today.

If people were still being paid in a commodity based currency, there would be no problem with the minimum wage keeping pace with the Federal Reserves created inflation over the years and no need to hike minimum wage after all.

If we were paid in an actual medium that has intrinsic value, then we wouldnt have to worry about artificially setting wage scales to begin with.

But we're not, so an increase is a needed adjustment, agreed?

What needs an increase is the low skilled person's skill level. Let them improve their skill level and their pay will increase. If they spent half as much time bettering themselves as they do bitching about being handed something for skills one step above what a monkey could be trained to do, the problem would solve itself.

Dude, get out into the real world. I work for a company that is the largest in the world, not american, the world and we haven't had a raise is 4 years. We have people that have worked for industry over 20 years and making pennies on the dollar. Companies need to ponie up and pay people what they're worth....end of effin story.

 

[tigerred59]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

Danny, that is total bullshit in that we are NOT a bunch of helpless victims here. We can fight back and take our country back and restore policies to be fair to the public.

This fatalism you seem entranced with is just horse shit spun by our corporate masters to make us think we cannot fight back. But history proves we can fight back and win as well.

Buck up bro and fight those who are bleeding you.

When we dismantle unions and make them public enemy number one, when we side with politicians who make their money catering to Wall Street, we are left bleeding......this country has lost all focus when it comes to championing workers....we have some how allowed corporate america a front roll seat with us, pitting ourselves against one another...and they're laughing all the way to the banks....look what happened to the anti wall street movement a few years ago.

 

[TNHarley]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

Danny, that is total bullshit in that we are NOT a bunch of helpless victims here. We can fight back and take our country back and restore policies to be fair to the public.

This fatalism you seem entranced with is just horse shit spun by our corporate masters to make us think we cannot fight back. But history proves we can fight back and win as well.

Buck up bro and fight those who are bleeding you.

When we dismantle unions and make them public enemy number one, when we side with politicians who make their money catering to Wall Street, we are left bleeding......this country has lost all focus when it comes to championing workers....we have some how allowed corporate america a front roll seat with us, pitting ourselves against one another...and they're laughing all the way to the banks....look what happened to the anti wall street movement a few years ago.

You just want more money. This was explained to you in this thread. Don't choose to be ignorant

 

[tigerred59]

He knows that our wages will not be able to be raised and compete with the rest of the world.
You lefties are always talking about "fair". Why don't you try and apply when it is actually applicable? Free trade and raising the minimum wage will just regress us even more. Doesn't even give us a chance.

This is something that 'free traders' never bother to explain. How can people who live in a first world economy be expected to compete with neoslave labor of the third world economies?

They can't.
Life's not 'fair' for everyone'.

We in the West have been lucky to be born into what were no doubt first world conditions.
Now the second and third world want their share of the golden goose.
They are basically taking it from us. Fair enough IMO.
It was pure luck of the draw that in the sixties-seventies into the early eighties a young man could get a grade ten education then head over the the Ford factory where the Unions had made sure the young man could live very comfortably, have a new pick-up, some toys, a house all because he took his lunch pail to work andinstalled car antennas.
When you think about it that model could never last forever as soon as the Japanese and Chinese and East Indians figured out they could have the same antenna installed at a fraction of what the young American man was getting paid.
It's called 'homeostasis and it's what every thing on the planet is affected by.
Even mountains.
Everything that is low rises and everything that is high goes down eventually. This includes what is happening in the world economies.
It's what keeps us humans alive on a cellular level.

What is astounding, is that the quality of products have gone to shits, but the prices have risen.