2007: We were in the middle of the longest economic expansion in US history
2007-2009 Three increases that prefaced the 11 years of continuous growth
No, you can't blame the economic collapse on the minimum wage increase. The 07-09 increases were in response to the collapsing economy and were intended to get cash into the hands of the workers because, as I explained earlier, they spend the money and that spending increases economic activity.
Well we definitely have a wage problem. We have way too many corps with near monopolies and too much wage collusion. Now I'd rather see that get fixed, but it creates the "need" for a higher min wage in the meantime.
IF that was true, and we both know it is not, how then did President Donald Trump manage to increase the wages of the lowest-paid and minorities far more than that of higher-paid workers and cut unemployment down to record levels.
JOBS Published January 24, 2020 Income inequality declining under Trump policies, says Labor secretary Workers are seeing faster wage growth than their bosses
By Frank ConnorFOXBusiness
Workers’ wages are growing faster than their bosses', narrowing the income gap, as a result of President Trump’s policies, according to Labor Secretary Eugene Scalia.
“At the end of the Obama administration, what we saw is wage growth for the high wage earners [and] slow wage growth for the low wage earners," Scalia told FOX Business’ Maria Bartiromo in an exclusive interview at the World Economic Forum in Davos, Switzerland. "We’ve flipped that in this economy,”
Decreasing unemployment and Trump’s reduction of regulations are factors that have contributed to this low-income wage growth, according to Scalia.
Perhaps most ominously, an administration known for its ambivalent relationship with facts is also seeking to change how the federal government measures poverty itself, which could reduce the number of people who qualify for basic assistance programs, including Medicaid, children’s healthcare, and food aid.
How cute. A far-left blog, no one has heard of, led by two Harvard business graduates. I provided facts and a working link. You brought an opinion from Socialists.
Republicans "don't understand" the need for higher wages...because THEY make two, three times as much...or more and don't give a shit about anyone but themselves
2007: We were in the middle of the longest economic expansion in US history
2007-2009 Three increases that prefaced the 11 years of continuous growth
No, you can't blame the economic collapse on the minimum wage increase. The 07-09 increases were in response to the collapsing economy and were intended to get cash into the hands of the workers because, as I explained earlier, they spend the money and that spending increases economic activity.
Really? So if I do nothing for you, but remove a few sticks from your yard, you have to pay me $50,000 a year? Or whatever arbitrary amount you consider a living wage?
See, this is the problem with claims like that. You can say that, as long as it doesn't involve you. But if *YOU* had to pay someone a living wage, for doing extremely low value work, you wouldn't be saying that.
But who gets to decide what is "low value work". Frankly, when I go to get something I am going to put in my body, I really want the people who prepare it to care enough to do it right. I'm less concerned about the Hedge Fund Manager paying himself eight figures for producing, really, not much of anything.
How do I know this? Because anyone that actually has to deal with it from their own money, suddenly doesn't believe that all work is worth a living wage.
But that's the point. The resturant only works or doesn't work because of the quality of the service provided, so those people SHOULD get a living wage. Of course, most people who work there are doing it as a second gig because first gigs don't pay a good enough wage.
Republicans "don't understand" the need for higher wages...because THEY make two, three times as much...or more and don't give a shit about anyone but themselves
But that's the point. The resturant only works or doesn't work because of the quality of the service provided, so those people SHOULD get a living wage. Of course, most people who work there are doing it as a second gig because first gigs don't pay a good enough wage.
There is, as you know, no reason for the minimum wage to keep up with inflation. The increase in productivity is due to far more technology being used along with mechanization.
Once again, for your reluctant edification.
JOBS Published January 24, 2020 Income inequality declining under Trump policies, says Labor secretary Workers are seeing faster wage growth than their bosses
“As unemployment gets better all the time, wages are going to go up too. And that’s really been the goal,” Scalia said.
The low rate of unemployment has led to employers trying to bring more people into jobs and rising wages, he explained. This has led to an increase in employment among women in industries in which they have not traditionally worked such as construction and manufacturing, Scalia added.
Why not? Frankly, if the One Percenters can get away with cheating the wage slaves, they'll eventually cheat the rest of us.
I'm always curious about the hate the right wing has for the working poor, and then bitch when a lot of them go on welfare to make ends meet. You are subsidizing their workforce, and you think it's fine.
Why not? Frankly, if the One Percenters can get away with cheating the wage slaves, they'll eventually cheat the rest of us.
I'm always curious about the hate the right wing has for the working poor, and then bitch when a lot of them go on welfare to make ends meet. You are subsidizing their workforce, and you think it's fine.
Minimum wage jobs were never meant to be carreers...Generally when I was growing up they were there to provide an entry into the workforce, a stepping stone to training for a better job, or to provide skills in the workforce while someone bettered their marketability through education...
I think Democrats look at this wrong. IMHO, what should be happening is that those holding min wage jobs should also be in training to learn a trade, or go to school to earn a degree that will propel them up the ladder to better pay...Now, if that comes as a partnership with those industries that hire at min wage, then I would be ok with that. But, to just double the wage, without any advancement is a recipe to hold people where they are at....
Do you know how much a teacher makes starting out in NC, for example? Pretty shameful that a zit faced 16 year-old ice scream scooper on summer break would be right there with him/her. This is why a $15 min. wage makes ZERO sense on a national level. NYC is not the same economy as small town USA.
Minimum wage jobs were never meant to be carreers...Generally when I was growing up they were there to provide an entry into the workforce, a stepping stone to training for a better job, or to provide skills in the workforce while someone bettered their marketability through education...
I think Democrats look at this wrong. IMHO, what should be happening is that those holding min wage jobs should also be in training to learn a trade, or go to school to earn a degree that will propel them up the ladder to better pay...Now, if that comes as a partnership with those industries that hire at min wage, then I would be ok with that. But, to just double the wage, without any advancement is a recipe to hold people where they are at....
Okay, there's an old saying, "Life is what gets in the way of those carefully laid plans". Yes, we should all be trying to better ourselves... but how many of us are at the place we thought we'd be when we started planning our "Careers" in College?
You see, if you want to go there, it USED to be, you graduated High School, you joined a union, you did an apprenticeship, and by the time you were 25, you could provide for a family. Today, you graduate from College, you end up with a shitload of Student Debt, and maybe you are still stuck working at Starbucks for tips.
Do you know how much a teacher makes starting out in NC, for example? Pretty shameful that a zit faced 16 year-old ice scream scooper on summer break would be right there with him/her. This is why a $15 min. wage makes ZERO sense on a national level. NYC is not the same economy as small town USA.
Frankly, you could put a bunch of office "Professionals" in a drive through, and they wouldn't be able to keep up. That's why I love the show "Undercover boss", when they put the guy in charge in a working level position, and he's often incompetent.
Okay, there's an old saying, "Life is what gets in the way of those carefully laid plans". Yes, we should all be trying to better ourselves... but how many of us are at the place we thought we'd be when we started planning our "Careers" in College?
Yeah? Who's fault is that? It doesn't always have to be about working more, it could be as simple as working smarter...Many of these min wage workers have never advanced past high school, and would like to do something in the trades but in today's market, where it costs somewhere around $5K to $8K to even get a CDL, or Welding certificate, they just give up...And with Colleges and Universities charging tuitions that place these students in debt for 10 years or more is a travesty, and one that Democrats never aknowledge that they opened the door to...It's almost as if Democrats creat problems so they can rush in and rail against them...
You see, if you want to go there, it USED to be, you graduated High School, you joined a union, you did an apprenticeship, and by the time you were 25, you could provide for a family. Today, you graduate from College, you end up with a shitload of Student Debt, and maybe you are still stuck working at Starbucks for tips.
I don't disagree with you on this Joe...I grew up in Lansing MI, where everyone's dad that I knew worked for GM in some capacity...The Mom's stayed home for the kids, and they lived a great middle class life, most that I know retired at around 58, (my age now)....
The shift can IMHO, be traced to when American Democrats started arguing that BOTH people in the household needed to work to sustain the enevidible "service based economy"... They told us that was the "new normal".... Now look at where we are....
Not everyone is "college material" wouldn't you agree? And if you do, then why not bring back some kind of teaching of "the trades" in High School?
The average Plumber salary in the United States is $57,961
The average Electrician I salary in the United States is $49,373
The average Truck Driver (no CDL) salary in the United States is $42,933
The average Carpenter salary in the United States is $56,929
Maximize your salary potential with our FREE Salary Wizard or personalize your Salary to different markets with our Personal Salary Report. Employers develop a compensation strategy to determine what to pay your employees.
www.salary.com
These are good jobs that do not require a College degree, and are in shortage in the United States....
If Democrats would get on board and make a push for the trades, instead of just pushing a doubling of min wage, and soaking "the rich" in the process, then I think people would buy in, even the rich....
Actually, where I live, that's a pretty good decision for someone who's not overburdened with skills and experience. Good pay, excellent benefits, job security . . . Granted, it doesn't smell terrific, but the trucks do most of the heavy lifting, while the garbage collector mostly sits in the cab and listens to tunes.
Well, the same can be said about any job situation. That's exactly why these decisions need to be made by local and state governments, rather than some blanket one-size-fits-all federal policy that assumes the entire country is alike all the way across. We have local governments precisely because not every place and group of people is alike, or wants to be.
You know, in the post you partially quoted I said that businesses may try to raise prices but will fail in the face of lower priced competition.
Businesses may try to pass on higher costs but, as has been demonstrated so many times in the airline industry, unless everyone raises their prices, no one can.
Hey, genius. What part of the word "everyone" confused you? What makes you think your policy is going to leave any "elsewhere" for them to go? You think if asinine minimum wage increases that increase operating costs and prices at McDonald's aren't also going to raise the operating costs and prices at Burger King and Wendy's?
Geez! No wonder you dimwits keep advocating economic policies that have nothing to do with actual economics.
I meant employers don't want or expect good work from 7.25 per hour. Nobody should work hard for that wage. So those jobs are there just for little to no productivity.
Do you know why employers don't exact good work from $7.25 per hour?
It's because they know, and the employee knows, that there is no way for them to earn less.
If the minimum wage was $2/hour, then the employer could require better employees, because if you don't work, you can go get a job paying less.
This is why almost universally as the minimum wage goes up, the quality of service everywhere starts sucking.
It cracked me up in 2010 when people started crying about how service sucked everywhere. I knew that would be the outcome. I only wish I had posted it on this forum or somewhere, so I could have pointed out how I predicted it.
And if the minimum wage goes up to $15/hour, service everywhere will crash.
By the way, your argument is actually counter to how life actually works.
Let me explain. Anyone who comes in and refuses to work hard, will always remain poor. The people who work hard, when they are only making $7.25/hour, are the people who move up and become wealthy.
Luke 16:11, Jesus says the following:
“He who is faithful in a very little thing is faithful also in much; and he who is unrighteous in a little thing is unrighteous also in much. If therefore you have not been faithful in the use of unrighteous riches, who will entrust the true riches to you?”
This is universally true. If you do not work your best, when you are making $7.25/hour, then you won't work hard when you earn more.
People that are moral and faithful with a little, will be moral and faithful with much. People who goof off, because they only make $7.25/hour, rarely move up much. Just a fact. If you suck when you make little, you'll suck when you make much.
