“Raise the Wage Act”, (H.R. 582) would have increased most USA’s wage-earning families’ incomes.

[Cellblock2429]

“Raise the Wage Act”, (H.R. 582) would have increased most USA’s wage-earning families’ incomes.

The last minimum wage bill that was proposed and considered in congress, was H.R. 258, “Raise the Wage Act”. It was passed by the Democratic majority house, then passed on to the Republican majority senate, (where it now lies effectively dead).
Refer to the Congressional Budget office’s, (i.e. CBO’s) minimum wage rate report,
How Increasing the Federal Minimum Wage Could Affect Employment and Family Income | Congressional Budget Office, and follow the link’s instructions to obtain the HR 258 interactive graphs.

Referring to the graph entitled “Average Percentage Change in Real Family Income, by Income Group”: The graph indicates average incomes of families earning less than 3 times the poverty threshold increase. Average incomes of higher income families do not perceivably begin to decrease untmanthatsawesomeincomes achieve 6 more times the poverty threshold;

(i.e. CBO’s study confirms minimum wage rate’s beneficial effects upon job’s rates are inversely related. Employees within the lowest wage rate brackets most benefit in proportion to their incomes, and those benefits (proportional to incomes) are incrementally lesser as incomes increase. Thus, the wage incomes of most USA’s wage earners would have benefit or would not be detrimentally affected by passage of H.R. 582.

[Six, (6) times a family of three’s income equal or exceeding 6 times the poverty threshold would be $122,000 per year and for a family of four it would well exceed $125,00 per year expressed in 2018 U.S. dollars.]
Respectfully, Supposn

/—-/ Hey let’s set minimum wage at $120,000 a year. Then everybody gets rich.

awesome. I look forward to bread costing 75 bucks a loaf.

/—-/ You can buy bread with your food stamps and use your $120,000 for a new set of gold tooth caps or something useful like that.

 

[Supposn]

... Plus a fed min wage is unconstitutional.

TNHarley, the United States Supreme Court's opinions have been contrary to your legal opinion on this matter. Respectfully, Supposn

 

[TNHarley]

... Plus a fed min wage is unconstitutional.

TNHarley, the United States Supreme Court's opinions have been contrary to your legal opinion on this matter. Respectfully, Supposn

Who cares? They also said throwing american citizens into internment camps was constitutional. Or corporations can kick you off your own land. Or forced sterilization is ok in the name of eugenics.
Give me a break bro

 

[Supposn]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

 

[Toddsterpatriot]

How about we worry about getting everyone’s jobs back after the Wu Flu Plague first.

You mean like the first of the year when Trump was crowing about the great economy but people were asking for a raise in the minimum wage but were being ignored?

Yeah, the bottom 2% of wage earners........

 

[Toddsterpatriot]

“Raise the Wage Act”, (H.R. 582) would have increased most USA’s wage-earning families’ incomes.

The last minimum wage bill that was proposed and considered in congress, was H.R. 258, “Raise the Wage Act”. It was passed by the Democratic majority house, then passed on to the Republican majority senate, (where it now lies effectively dead).
Refer to the Congressional Budget office’s, (i.e. CBO’s) minimum wage rate report,
How Increasing the Federal Minimum Wage Could Affect Employment and Family Income | Congressional Budget Office, and follow the link’s instructions to obtain the HR 258 interactive graphs.

Referring to the graph entitled “Average Percentage Change in Real Family Income, by Income Group”: The graph indicates average incomes of families earning less than 3 times the poverty threshold increase. Average incomes of higher income families do not perceivably begin to decrease until those incomes achieve 6 more times the poverty threshold;

(i.e. CBO’s study confirms minimum wage rate’s beneficial effects upon job’s rates are inversely related. Employees within the lowest wage rate brackets most benefit in proportion to their incomes, and those benefits (proportional to incomes) are incrementally lesser as incomes increase. Thus, the wage incomes of most USA’s wage earners would have benefit or would not be detrimentally affected by passage of H.R. 582.

[Six, (6) times a family of three’s income equal or exceeding 6 times the poverty threshold would be $122,000 per year and for a family of four it would well exceed $125,00 per year expressed in 2018 U.S. dollars.]
Respectfully, Supposn

“Raise the Wage Act”, (H.R. 582) would have increased most USA’s wage-earning families’ incomes.

Lie.

 

[Toddsterpatriot]

We need a rise in the minimum wage but it also must be noted that the Democrats had eight years under Obama and did absolutely nothing in this regard.

PKnopp, you’re correct.

After the 2008 elections, Republicans stated policy was no cooperation. At some point, after President Obama had acknowledged that Republicans would oppose policies that they had in previous years supported, he should have accepted the futility of any mutual understanding between the parties, and strived to govern as best as he could.

His further attempts to negotiate with Republicans were detriment to both our nation and the Democratic Party. After a half century as a registered Democrat, I then re-registered and have remained registered as a Green Party supporter to signify my anger.
I’m a populist that agrees with those contending “we all do better when we all do better”.

Respectfully, Supposn

After the 2008 elections, Republicans stated policy was no cooperation.

Elections have consequences, eh comrade?
Now you gotta sit in the back.

 

[Toddsterpatriot]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

 

[pknopp]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

 

[Toddsterpatriot]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

 

[pknopp]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

 

[justinacolmena]

A federal minimum wage

I don't think we even need it. The minimum wage only raises false hopes and false expectations of a "living wage" that is not, in many cases, being offered.

If people want to work in low-level positions at Walmart, McDonald's, etc., etc., then they need to be taught (or allowed) to set their own limits and bargain for their own wage or pay rate and be prepared to walk away and look for another job if the pay isn't enough.

Some people are disabled or do something as a low-stress part-time hobby or pastime, and they might receive a very low token pay for what otherwise is essentially a volunteer position, and again, if they aren't happy, they quit and look for something else to do.

 

[Toddsterpatriot]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

What you need for rent has nothing to do with the value you add.

 

[TNHarley]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

What you need for rent has nothing to do with the value you add.

"To each according to their need"
Marxist bullshit.

 

[pknopp]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

What you need for rent has nothing to do with the value you add.

In a society it does. If there is a need for a job they deserve to be able to survive.

 

[Toddsterpatriot]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

What you need for rent has nothing to do with the value you add.

In a society it does. If there is a need for a job they deserve to be able to survive.

Sounds like society should pay the wage, not the business owner.

 

[Cellblock2429]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

/----/ Raising minimum wage limits opportunities for teens looking for their first job, but you already knew this. That's why you push it. Make teens the victim of Capitalism.

 

[pknopp]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

What you need for rent has nothing to do with the value you add.

In a society it does. If there is a need for a job they deserve to be able to survive.

Sounds like society should pay the wage, not the business owner.

Whichever. Businesses pay taxes also.

 

[pknopp]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

/----/ Raising minimum wage limits opportunities for teens looking for their first job, but you already knew this. That's why you push it. Make teens the victim of Capitalism.

That's a 1970's argument. Unfortunately adults have to take the jobs teens once did because of automation and off shoring.

 

[Cellblock2429]

awesome. I look forward to bread costing 75 bucks a loaf.

TNHarley, regarding the minimum wage rate and inflation of the U.S. currency's value:
The minimum rate’s proportional effect upon a product’s price is dependent upon the proportion of the price that’s attributable to direct or indirect labor, and the proportional differences between those labor costs that are attributable to higher or lower wage rates. (The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Because a fraction multiplied by another fraction produces a consequential product lesser than the two multiplied factors, the minimum wage rate has never been among the primary drivers of U.S. dollar’s inflation. Any proportional increases of aggregate prices that could be attributable to increases of the federal minimum wage rate are proportionally extremely much less than the increase of aggregate wage incomes that could also be attributable to that rate increase.

Respectfully, Supposn

(The minimum rate bolsters other wage rates, but it much more beneficial to lower rather than higher wage rate earners.)

Prove it.

Show how much wages would increase at the $100,000 level, if the Federal Minimum Wage
went from $7.25 up to $8.25. Do the same for the $50,000 level. Thanks!!!

First he said it bolsters other wage rates and it will. When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus). Those making $10 now will also get a boost. Whatever wage it gets boosted to will get a boost also. Does it reach those making $100,000? No.

But you knew this.

First he said it bolsters other wage rates and it will.

He just can't prove it.

When we finally embarrass politicians enough to get it done it's going to be at a 4 figure rate. ($10 plus).

What happens to workers who add $8/hour of value when the minimum wage is $12/hour?

They get $12 because that's the least they need to keep up with rent and what have you.

/----/ Minimum wage is not intended to be a wage you can live on unless you're in some backwater town with a low cost of living. And those jobs would be scarce. It's to give teens the path to their first job and gain experience and a work ethic.