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I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
Skull Pilot, the essence of personal and political opposition to the FMW rate:[Because the people whining for a 15 an hour MW have been bagging burgers for years without trying to get another job
people who get paid the federal minimum wage total a whopping 3% of the population
and that 3% includes tipped workers who might actually make significantly more than MW
Many states already have MW that exceeds the federal MW
What you want is increase in labor costs with no corresponding increase in production so you will have a cost increase multiplier happening across all sectors of the economy.
all because a few people don't want to improve their value to the marketplace.
The federal minimum wage, (FMW) rate is of net social and economic benefit to our nation. It has never been among the major causes of the U.S. dollar’s inflation; on the contrary, it’s certainly among inflations’ victims.
No employees are poorer and no enterprises suffer any competitive disadvantage to any USA enterprises due to the FMW rate.
[there’s no doubt that USA’s higher wage rates are a cause of our products’ price disadvantages in comparison to products from lower-wage nations; but although the elimination of our FMW rate laws would be greatly detrimental to our nation’s net social and economic well-being, eliminating it would accomplish extremely little to remedy our products’ global price disadvantages. [Refer to Wikipedia’s “Import Certificates” article.]
I suppose most USA’s population, (significantly more than a 10% plurality) to some extent approve of federal minimum rate’s existence. There are few among wealthy or competent people that are opposed to the federal minimum rate.
A great proportion of minimum rate opponents lack self-esteem. They need whatever affirmation of their own worth that they can derive by being able to look down upon people experiencing lesser financial conditions. They cannot acknowledge even to themselves their fears of improving the financial conditions of others would consequentially reduce their own social status. That’s the essence of personal and political opposition to the FMW rate.
Respectfully, Supposn
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
So there is absolutely no concept that perhaps the workers were originally underpaid?
Is $15/hr really that much money to you? That's only $2,400 a month.
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
So there is absolutely no concept that perhaps the workers were originally underpaid?
Is $15/hr really that much money to you? That's only $2,400 a month.
Nope. But a 100+% increase in wages for a zero increase in production is. Plus, the probably 1,000,000+ jobs lost (according to the CBO).
What happens at Amazon will be informative with their raises.
part-time help, not full time help. it makes a difference. we need to shed low wage jobs that don't cover the cost of social services anyway; there is absolutely no reason to subsidize capitalists with Cheap labor in our first world, US economy.`
The company I work for has a part-time temp agency which pays higher wages than most other similar agencies, competing in the semi-skilled market. We've crunched our numbers and found a mandatory $15/hr wage would cut so far into our profit margin that we could no longer afford to keep it going, ergo, we would completely close that operation.
Generally, I oppose a $15/hr wage. Considering what I see at most places which employ people at lower wages, its a joke.
`
we have a General Welfare clause not a general warfare clause.The age of entitlement: how wealth breeds narcissism | Anne Manne
A majority of Republicans in a recent poll said they thought the poor in America had it easy. Greater feelings of entitlement might also lead to a tax revolt by the upper classes. It is the logic of "I’ve earned it", "It’s mine", and, "Why should I have to use my hard-earned cash for those inferior scroungers, the poor?"
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I could not help but to feel how Kavanaugh felt so entitled and bragged about how great he was, not only was he born into wealth but was an only child.
Just like West at the OO yesterday, rambling on about nothing.
We should not be subsidizing capitalists with Cheap labor in any first world economy.`Perhaps the first person was new, and the person who worked in hardware was helping someone else or they on break or lunch, or possibly they had didn't have one. I do not mean to be rude, but when and if I could find a person, in Target or Meijers they have always been helpful, if I could find a person. Sams is the same way, very few people and they work so very hard.
That's just the tip of the iceberg. I haven't even gotten to fast food workers, but my point is, I'm against a $15 /hr minimum wage.
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
nothing for the Poor and everything for the Rich?The U.S. Census Bureau reported in September 2017 that real median household income was $59,039 in 2016, exceeding any previous year.
Household income in the United States - Wikipedia
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The problem is 1/2 make under that, so we need to subsidize their income
We don’t “need” to do anything.
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
The correct minimum wage is zero
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase
How so? Please explain how it helps their standard of living if they all got a raise?
How does it help the people making $14 an hour?
.
nothing over one hundred million on the top end?I never once suggested eliminating the MW there is however no need to raise it to 15 an hourSkull Pilot, the essence of personal and political opposition to the FMW rate:[Because the people whining for a 15 an hour MW have been bagging burgers for years without trying to get another job
people who get paid the federal minimum wage total a whopping 3% of the population
and that 3% includes tipped workers who might actually make significantly more than MW
Many states already have MW that exceeds the federal MW
What you want is increase in labor costs with no corresponding increase in production so you will have a cost increase multiplier happening across all sectors of the economy.
all because a few people don't want to improve their value to the marketplace.
The federal minimum wage, (FMW) rate is of net social and economic benefit to our nation. It has never been among the major causes of the U.S. dollar’s inflation; on the contrary, it’s certainly among inflations’ victims.
No employees are poorer and no enterprises suffer any competitive disadvantage to any USA enterprises due to the FMW rate.
[there’s no doubt that USA’s higher wage rates are a cause of our products’ price disadvantages in comparison to products from lower-wage nations; but although the elimination of our FMW rate laws would be greatly detrimental to our nation’s net social and economic well-being, eliminating it would accomplish extremely little to remedy our products’ global price disadvantages. [Refer to Wikipedia’s “Import Certificates” article.]
I suppose most USA’s population, (significantly more than a 10% plurality) to some extent approve of federal minimum rate’s existence. There are few among wealthy or competent people that are opposed to the federal minimum rate.
A great proportion of minimum rate opponents lack self-esteem. They need whatever affirmation of their own worth that they can derive by being able to look down upon people experiencing lesser financial conditions. They cannot acknowledge even to themselves their fears of improving the financial conditions of others would consequentially reduce their own social status. That’s the essence of personal and political opposition to the FMW rate.
Respectfully, Supposn
there is not one MW job n this country that merits a salary of over 30K a year
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
easier to take course work at the higher equilibrium.Skull Pilot, many employers believe their low-wage employees do not earn the wages they’re paying; but they continue to retain those employees. They’re not altruistic; they realize it would be net detrimental to their enterprises if they did otherwise.I never once suggested eliminating the MW there is however no need to raise it to 15 an hour
there is not one MW job n this country that merits a salary of over 30K a year
In February 1968 the minimum rate was $1.60 per hour. (1.20)(1.60) = $1.92... I'm a proponent of gradually pegging the rate up to the CPI while increasing the rate an additional 12% per year until the rate has achieved no less than 120% of its February 1968 purchasing power. Thereafter the rate should be annually adjusted to retain its purchasing power. ...
Refer to https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=1.92&year1=196802&year2=201809
The purchasing power of $1.92 in the year 1968 is equal to $14.17 in September 2018.
Respectfully, Supposn
Whether to keep or fire employees is for the business owner to decide.
If you have an employee who performs just well enough to keep at MW do you really think he will turn into a better employee if the business owner of forced to pay him more?
Is that guy who had no ambition but to stuff burgers in a bag for 10 years suddenly got 15 an hour instead of 8 an hour will he magically be at stuffing burgers in bags?
The reason is to not subsidize Capitalists with Cheap labor in our First World economy.Skull Pilot, federal minimum wage rate's purpose is to prevent the wage rates set by USA employers “racing” to an indefinite and extremely low bottom.Whether to keep or fire employees is for the business owner to decide.
If you have an employee who performs just well enough to keep at MW do you really think he will turn into a better employee if the business owner of forced to pay him more?
Is that guy who had no ambition but to stuff burgers in a bag for 10 years suddenly got 15 an hour instead of 8 an hour will he magically be at stuffing burgers in bags?
Nations lacking laws serving purposes somewhat similar to our federal minimum rate laws, or failing to effectively enforce such laws suffer economic consequences.
[Nation's currency values are generally in flux. To the extent we do not retain the federal minimum wage rate's purchasing power, we suffer some economic consequences].
Employers believing that greater rates can better motivate their employees and/or retain their employees, generally pay more than the minimum rate. Employee motivation or lack of it, (the subject of your post) is not the function or purpose of the minimum rate laws.
Why am I not receiving notices of responses to this discussion thread?
Respectfully, Supposn
ALL labor is a commodity.
If people don't care enough about the value of their labor that they are satisfied with menial low paying jobs that is their choice.
97% of hourly workers make more than the MW I see no reason to raise it
ToddsterPatriot, many employers now believe some or all of their lower-wage employees are not worthy of their costs to their enterprise. Those employers are not altruistic. They retain employees they may even despise, because they've determined that firing those employees would be to their own, or to their enterprise's net detriment.Many workers don't provide $14.20/hour in added value.McRocket, I'm a proponent of annually increasing the federal minimum wage rate 12% until its purchasing power's at least 20% higher than its 1968 peak. Thereafter the rate should continue to be monitored and annually modified to retain its purchasing power. ...
Your proposal will screw them all. No thanks.
ToddsterPatriot, many employers now believe some or all of their lower-wage employees are not worthy of their costs to their enterprise. Those employers are not altruistic. They retain employees they may even despise, because they've determined that firing those employees would be to their own, or to their enterprise's net detriment.Many workers don't provide $14.20/hour in added value.McRocket, I'm a proponent of annually increasing the federal minimum wage rate 12% until its purchasing power's at least 20% higher than its 1968 peak. Thereafter the rate should continue to be monitored and annually modified to retain its purchasing power. ...
Your proposal will screw them all. No thanks.
The federal Minimum rate does not mandate that an employer hire, or retain any particular worker, or specify wage rates, but it is a legally enforceable minimum rate. Respectfully, Supposn
Plenty of damaging government regulations are enforceable. While still being stupid ideas.... The federal Minimum rate does not mandate that an employer hire, or retain any particular worker, or specify wage rates, but it is a legally enforceable minimum rate.
Respectfully, SupposnMinimum wage is an issue of character.
The essence of personal and political opposition to the FMW rate.
… I suppose most USA’s population, (significantly more than a 10% plurality) to some extent approve of federal minimum rate’s existence. There are few among wealthy or competent people that are opposed to the federal minimum rate.
A great proportion of minimum rate opponents lack self-esteem. They need whatever affirmation of their own worth that they can derive by being able to look down upon people experiencing lesser financial conditions. They cannot acknowledge even to themselves their fears of improving the financial conditions of others would consequentially reduce their own social status. That’s the essence of personal and political opposition to the FMW rate.
I have mixed feelings on $15 minimum wage.
On the one hand, obviously it greatly helps the standard of living for those who get the huge wage increase.
On the other, a 100+% increase in pay with a zero increase in production is not good for business. Plus, the extra costs will be passed on to the customers.
Finally, the non-partisan CBO has stated that a higher minimum wage will cost many 100's of thousands of jobs nationwide. And that was only to $10.10 per hour.
The Effects of a Minimum-Wage Increase on Employment and Family Income | Congressional Budget Office
If the Dems take both houses in November (and especially if they also take the WH in 2020 - which the polls say looks likely right now)...this issue will probably re-surface in force.
Thoughts?
There isn't a single poll on the 2020 election, moron.
