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| Minimum Wage; ..for your consumption | |
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| Tweet Topic Started: Jul 16 2013, 01:14 PM (1,725 Views) | |
| Jazen | Jul 18 2013, 06:48 PM Post #46 |
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INDIANA
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I'll be honest, and remember it's been a long time since I've been in the loop, but I would have guessed close to $9 an hour. Maybe not quite, but close. I'm politically and economically pretty ignorant to begin with, but I'd have never guessed it would barely be over 7 still. |
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| brumdog44 | Jul 18 2013, 06:52 PM Post #47 |
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The guy picked last in gym class
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Prior to the adoption of the three step increase in 2007, the minimum wage based on constant dollar comparisons had reached an all time low. Anyway, here is the comparison of time equal dollars. http://www.infoplease.com/ipa/A0774473.html |
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| HoosierLars | Jul 18 2013, 07:40 PM Post #48 |
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3 in a row
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Did you checkout the Friedman-Donahue video? I remember that as a kid I was bummed out by the fact that the centrally controlled Soviet economy would probably beat ours, and how could our chaotic system possibly work as well? (Brum and others still favor the hammer and sickle approach) |
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| yawnzzz | Jul 18 2013, 07:59 PM Post #49 |
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Coach
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The problem with your comparison is that this discussion involves a country that already has a large welfare program in place and is very unlikely to remove it. So, which country sounds more like the Soviet Union: 1. A country where unskilled laborers receive a substantial portion of their income from the government. 2. A country where the government has regulations in place so that unskilled laborers receive their income from their employer. And similar to the Soviet Union, when you don't receive your pay in direct relation to the work you perform, the productivity of workers will go down. |
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| sirbrianwilson | Jul 18 2013, 08:10 PM Post #50 |
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Stemlerite
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Trying to compare percentage increases in minimum wage vs. salaried jobs is a complete display of ignorance. A 40 percent increase to a 50k job turns it into a 70k job. The 2 dollar increase to minimum wage represents roughly 4k/year. That isn't even close to the same. |
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| Mr Gray | Jul 18 2013, 08:15 PM Post #51 |
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Coach
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Brian, I don't think you answered my question about what type of person or situation results in a minimum wage job? |
![]() The body knows what fighters don't: how to protect itself. A neck can only twist so far. Twist it just a hair more and the body says, "Hey, I'll take it from here because you obviously don't know what you're doing... Lie down now, rest, and we'll talk about this when you regain your senses." It's called the knockout mechanism. | |
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| yawnzzz | Jul 18 2013, 08:19 PM Post #52 |
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Coach
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The reason we outsource isn't primarily because of minimum wage. You would not find individuals in the U.S. willing to work for under $7 an hour in a factory. If you could, companies wouldn't outsource because any profit made from labor wages would be lost by shipping costs. My company would gladly move all manufacturing from China back to the U.S. if we could find enough employees at $10 an hour. We currently start out at $12 and can't keep up with demand. |
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| sirbrianwilson | Jul 18 2013, 08:41 PM Post #53 |
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Stemlerite
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There are millions of underqualified individuals in this country. And a ton of qualified individuals with no job options for their education/experience level. Do you live in an area without poverty? Do you live in an area where all elementary, middle, and high schools are created equal? Do you live in an area where there are no layoffs? Do you live in an area where kids don't get pregnant? Do you live in an area without orphans? Do you live in an area where small business owners don't suddenly lose their business? Do you live in an area that lacks unskilled labor? Your question of "what situation results in a minimum wage job" represents a vast departure from reality. Ask yourself that question while chomping down on a bigmac or buying groceries. Get real and join the conversation. br |
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| brumdog44 | Jul 18 2013, 08:54 PM Post #54 |
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The guy picked last in gym class
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I don't think those who lack the ability to work anything a minimum wage job lack any less of a need for basic necessities. Examine the chart that was post and explain why there should be a necessity to work 70 hours per week to do nothing more than get by. |
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| Jazen | Jul 18 2013, 09:01 PM Post #55 |
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INDIANA
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You lost me at "Did". B) |
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| sirbrianwilson | Jul 18 2013, 09:38 PM Post #56 |
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Stemlerite
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Respond to the numbers if you want your argument to be taken seriously. 70 hrs should not equate "just get by." That IS the problem. br |
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| IUCOLTFAN | Jul 18 2013, 10:31 PM Post #57 |
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Coach
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Should every working age individual be able to work 40 hrs/week at any job and be able to live debt free on their own? |
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| sirbrianwilson | Jul 18 2013, 10:44 PM Post #58 |
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Stemlerite
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Who here is making the argument that it's realistic to live on a minimum wage income? I just want to identify who thinks that's possible. For those who do think it's possible, your argument goes nowhere until you provide the numbers that support it. |
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| brumdog44 | Jul 18 2013, 11:28 PM Post #59 |
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The guy picked last in gym class
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Should individuals working 60 hours not be able to get by? The numbers are showing the need for basically two forty hour jobs to get by debt free. Edited by brumdog44, Jul 18 2013, 11:29 PM.
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| sirbrianwilson | Jul 18 2013, 11:43 PM Post #60 |
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Stemlerite
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What a sad disconnect... br |
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