Toddsterpatriot
Diamond Member
The applicable minimum wage rate directly or almost directly effects incomes and unemployment benefits derived from employees’ earning rates within the low-wage-rate bracket of rates.
Congressional Budget Office’s (I.e. CBO’s) report concerning proposed increases of the federal minimum wage rate, employ poverty threshold statistics to differentiate between families’ incomes and their families’ sizes’ ratios of their poverty thresholds.
CBO reports upon the proposed increases of federal minimum rates, and the increases of families’ different poverty threshold brackets within the years’ 2018 and 2025 duration.
Individual families’ total incomes proportional “mixes” of wages within their total incomes, greatly vary. Aggregate families’ wage incomes proportional “mixes” within different brackets of poverty thresholds, greatly vary. Aggregate families’ low-wage-rate incomes proportional “mixes” within different brackets of poverty thresholds, greatly vary.
It is logical to expect minimum wage rate will have little or no effects upon: (1) Wages other than low-wage-rate wages. (2) Incomes or benefits not directly or nearly directly derived from wages.
CBO’s reports of proposed increasing our federal minimum wage rate, support validity of the concepts: (1) Applicable minimum wage rates, to the extents of their purchasing power and enforcement, reduce the incidences and extents of poverty among the working-poor. This is its purpose and justification.
(2) Minimum rate’s benefits to jobs’ rates are inversely related to the differences between the rates, lower rates more, higher rates less favored by the minimum rate.
Respectfully, Supposn
CBO’s reports of proposed increasing our federal minimum wage rate, support validity of the concepts: (1) Applicable minimum wage rates, to the extents of their purchasing power and enforcement, reduce the incidences and extents of poverty among the working-poor. This is its purpose and justification.
Support?
They don't actually say?
That's you, not them.
Glad you cleared that up.