The Conservative Cave
Current Events => The DUmpster => Topic started by: Freeper on February 14, 2013, 05:43:47 PM
-
kentuck (65,006 posts)
Minimum wage should be $21.72 per hour.
http://www.huffingtonpost.com/2013/02/13/minimum-wage-productivity_n_2680639.html
<snip>
President Obama's call to increase the federal minimum wage to $9 an hour was one of the more significant proposals he laid out in his State of the Union address Tuesday night. But $9 an hour is still a far cry from what workers really deserve, a 2012 study finds.
The minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker productivity, according to a March study by the Center for Economic and Policy Research. While advancements in technology have increased the amount of goods and services that can be produced in a set amount of time, wages have remained relatively flat, the study points out.
Even if the minimum wage kept up with inflation since it peaked in real value in the late 1960s, low-wage workers should be earning a minimum of $10.52 an hour, according to the study.
Between the end of World War II and the late 1960s, productivity and wages grew steadily. Since the minimum wage peaked in 1968, increases in productivity have outpaced the minimum wage growth.
....more
http://www.democraticunderground.com/10022371702
I'm all for it, I would love for everything to cost 3 times as much. :mental:
dtom67 (280 posts)
5. agree...
And maximum net worth should be 20 million dollars. 100% taxation over that limit...
dtom67 (280 posts)
6. of course, 10.mill would be ok too
Blanks (1,072 posts)
46. I don't agree with that...
I think we should have a 91% tax bracket for people who earn over $4 million a year (including dividends and interest) but there should be no ceiling on net worth.
Liberals are so generous with other people's money. :mental:
-
DUmmies are on a tear over this issue. Here is a companion thread.
http://upload.democraticunderground.com/10022374382
JaneyVee (2,704 posts)
Australia's Minimum Wage is $15.96/hr - $606.40/wk - 5.3% unemployment
Higher minimum wage would not only stimulate the economy but also lower the rate of public assistance, which is basically subsidizing corporate profits.
http://www.fairwork.gov.au/pay/national-minimum-wage/pages/default.aspx
Click here to purchase valentine hearts!
-
http://www.democraticunderground.com/10022371702
I'm all for it, I would love for everything to cost 3 times as much. :mental:
Yep. Looking forward to trying that $20.00 Filet-o-Fish. No fries or drink, of course.
I'll bet it's even yummier.....
-
For those interested. From John Stossel:
Austrailias' Minimum Wage Myth (http://www.foxbusiness.com/on-air/stossel/blog/2012/07/13/australian-minimum-wage-myth)
Some quick hits:
Most people who earn minimum wage are young, unskilled workers. How are they doing in Australia?
In June, Australia's unemployment rate for workers age 15 to 19 was 16.5%.
Last December, 63% of all jobs lost were jobs for young, unskilled Australians.
-
Blanks (1,072 posts)
46. I don't agree with that...
I think we should have a 91% tax bracket for people who earn over $4 million a year (including dividends and interest) but there should be no ceiling on net worth.
I agree with Blanks but with a slight change. Instead of the 91% tax bracket for people who earn over $4 million a year I say we should have a 91% tax bracket just for Blanks and any other Dummies that wish to join it.
-
A big mac in Venezuela costs $15.12, (as of Jan 2012) the commie mother country.
-
1+1=POTATO.
Always will for the low IQers at the DUmp. That is why they are life's losers even though they think they are so smart.
-
DUmmies, I tell you true, accept nothing less than $10 million/hour.
-
Hey, DUmbasses -
The minimum wage can be $100.00 per hour but my payroll costs will not increase.
See if you can use your tiny little maggot brains and figure out that riddle.
-
Hey, DUmbasses -
The minimum wage can be $100.00 per hour but my payroll costs will not increase.
See if you can use your tiny little maggot brains and figure out that riddle.
and the cost of living will worsen.
-
Hey, DUmbasses -
The minimum wage can be $100.00 per hour but my payroll costs will not increase.
See if you can use your tiny little maggot brains and figure out that riddle.
How much would a gallon of milk cost if the minium wage was $21.72 an hour?
-
How much would a gallon of milk cost if the minium wage was $21.72 an hour?
Depends on how much radiation is in the milk. :-)
-
Oh, but DUmmies, your bag of Cheeto's would cost $50. And that would be for the smallest bag they make.
-
The minimum wage should have reached $21.72 an hour in 2012 if it kept up with increases in worker productivity,
Assuming, I suspect totally incorrectly, that the increase in productivity was uniform up and down the entire compensation scale. I'm betting the productivity of the people earning minimum wage stayed pretty flat.
-
Oh, but DUmmies, your bag of Cheeto's would cost $50. And that would be for the smallest bag they make.
We fix that by raising the min wage to $50/hr. :rotf:
-
Why $9/hour? Why not $90/hour. Stupid idea. :mental:
-
For those interested. From John Stossel:
Austrailias' Minimum Wage Myth (http://www.foxbusiness.com/on-air/stossel/blog/2012/07/13/australian-minimum-wage-myth)
Some quick hits:
Minimum wage in Australia depends on age , industry and a variety of other factors.
I worked a minimum wage position on the retail award here some years back when I was transitioning between occupations and building the capital I needed to start doing what I do now. The Adult Retail Award was circa $16/hr. My employer was one of the larger chain-franchise retailers in the country and this was standard adult wage for all staff. I had an additional "bonus" tacked on because I ran the service centre in the store in question. The sales drones got commission and various supplier provided "Inventive Vouchers". The latter is a good thing as production based incentive makes for a eager workforce. The former, not so much.
People in this country piss and moan about how our consumer goods are so much more than in the US, and some business (including my former employer) piss and moan about their market purchasing online to escape the additional costs. The "workers" don't figure that higher minimum wage rates, or hideously oppressive regulatory costs, have anything to do with it. It's gotta just be those nasty business "gouging" the consumer for a bigger profit !
One of the reasons our economy isn't doing so well is that high wages coupled with oppressive regulation costs , in a falling market, have rendered us uncompetitive in the world economy.
-
The "workers" don't figure that higher minimum wage rates, or hideously oppressive regulatory costs, have anything to do with it. It's gotta just be those nasty business "gouging" the consumer for a bigger profit !
It's scary how stupid people can be. You'd think something like this would be an easy connection: The employees get paid more therefore that expense has to be factored into the cost of the product or service. But you're right, something that simple completely flies over their tiny little heads. The primitives are a prime example of how simple economics that you would think a child would understand completely befuddles them.
.
-
(http://i237.photobucket.com/albums/ff68/kayaktn/minimumeffort_zps45fbcee6.jpg)
-
For those interested. From John Stossel:
Austrailias' Minimum Wage Myth (http://www.foxbusiness.com/on-air/stossel/blog/2012/07/13/australian-minimum-wage-myth)
Some quick hits:
How dare you use logic and evidence against our hopes and unicorn farts, you racist! </DU mode>
-
Center for Economic and Policy Research.
Anything that starts its name as "Center for", is automatically discounted as a probable liberal/socialist front.
There has to be hundreds of them.
-
On another thread about this that I was reading over there yesterday, someone said "say hello to the $15 hamburger." The Dummies came back with, "outside of McD's, they're already $15." (I guess, say, in a city at a sit-down restaurant.) and "The 1950's called. They want their prices back."
It never occurred to them to take one step further, and anticipate the $50 hamburger.
-
Another note on this.
You could say goodbye to any factories we have in the US now.
We have a large a manufacturing community a few miles away from where I live. I would say average pay is about $12.00 per hour. And these manufactures are already struggling with the low wages China has. You make minimum wage any where near $21.00 they will have no choice but to close down or go overseas.
DUmmies are so short sighted.
-
Assuming no offshoring... what these economic illiterates fail to realize is if you raise min wage up to $20.00 then the skilled labor and highly technical jobs pay scale will go up as well. It has too. If I am making say 3 times min wage now, then I will demand that I make it after the rise. Then all costs of goods will have to go up and so will the price.
In a very, very short time the dummies would find themselves back on the bottom of the wage scale, crying and moaning about their plight.
Hey dummies? You are poor for a reason. Find out what that reason is and change it. Clue number 1: Look in the mirror.
-
WAIT! I gots a mucho better Idea!
Lets make minimum wage a Million dollars a year! Then we are ALL millionaires!!! AND we all pay higher taxes so the deficit is all better!!!11!
And we are ALL the 1 percent. No more class warfare.
Peace and prosperity in our time...with just the stroke of a pen. This could totally work, dude!
(head explodes)
-
WAIT! I gots a mucho better Idea!
Lets make minimum wage a Million dollars a year! Then we are ALL millionaires!!! AND we all pay higher taxes so the deficit is all better!!!11!
And we are ALL the 1 percent. No more class warfare.
Peace and prosperity in our time...with just the stroke of a pen. This could totally work, dude!
(head explodes)
:thumbs: :bouncingidiot:
-
Strange, I came across in back files a pay stub from 1966. My take home pay after deductions was $50.00 a week. EX husband was making the same amount and we were living well on the $400.00 a month.
We were looking for a home to buy and came close to buying a home on the water front priced at $3,000.
Mean while my parents were selling their home for $8,000 with 3 acres of wood land. They sold for $6,000 and felt they got a good deal.
I look back and wonder what the heck happend to us that has caused us to need more money today.
When I came home from Tenn. 25 years ago I was working for min wage at $4.11 per hour. My job up here paid $5.10 per hour. I did not notice much difference in the food prices or cost to rent.
Question for the old timers, I was aghast to find that as the minimun wage went up, the workers were not given raises and kept at their same wage. So a worker that had 15 years in was making only 25 cents more an hour then a new be that they had to train.
A cluster you know what for the workers that get no raises yet a new worker walks in the door to make more money then they did after 10 years of hard work.
-
Strange, I came across in back files a pay stub from 1966.
You should really consider cleaning out your home.
-
Apples and oranges should be $8 apiece.
-
Gas should be $15 buck a gallon.
-
You should really consider cleaning out your home.
Nah, I framed the sucker and hung it on the wall as a conversation piece when family and friends come in crying poor mouth at only getting $9.00 an hour to start.
So how to save money non taxable. Go ask the old timers. First pay yourself, cash that pay check and take out the same amount you tithe to the church if you do so. Stash it away in a mason jar under the bed or floor boards.
Then every day empty pockets and purse of all change and stash it away. Then when recording checks round it out to the nearest dollar. Say you write a check for $11.50 record it as $12.00----Now you have 50 cents more then you though in the bank, it adds up fast.
Have to adjust at the start, cut out those coupons and when you save 50 cents on an item put that 50 cents into a jar. Say you buy something on sale half off, take the saved money and stash it away.
Cars, say you have a paid off car for 5 years and now it is nickle, dimeing you to death. Stand back and figure out how much money you would now have to pay for a newer car and the savings you had for the 5 years of no car payments. Figure the cost, say the car needs $2,000 to keep it on the road for another 5 years, now figure the cost a newer car will cost you in that same time.
In the 5 years since pay off you have saved around $15,000 bucks in car payments. A few thousand to keep it running will save you big bucks in the long run. Take good care of the sucker and you will end up with a classic.
Youth does not know how to save money, We middle aged couple when married could afford to live in nice apartments at a big cost. We found the Ghettos and paid 3/4 less then what we could afford. After 3 years we had saved up enough to put a down payment on our home and buy all new furniture.
As I look back now both of us were making slightly over the minimun wage, we were crafty in spending, say we desired a night out for dinner and dancing, we calculated the cost, took the money and saved it and ate at home under candle light and danced all night to MTV in the living room.
-
Minimum wage employees make minimum wage for a reason, they are easily replaceable. Don't like your pay? Do something to change it. There are thousands of community colleges that offer very reasonably priced online classes to help people learn new skills, and there are numerous state and federal programs to help people pay for continuing education. If you are 30 year old and don't have any skills to help you find a job outside of a minimum wage job, then the problem is you, not society.
I still remember when I was working at my first ever "real" job doing administrative work and book-keeping for a small business, a new coworker was hired who was 10 years or so older than me for the exact same job, and somehow I found out that she was making several dollars more an hour than I was. I asked my boss why there was such a difference in our pay, and he told that it was because she was older and had to help support her family on her salary. I was pretty upset about that response, but I sucked it up and kept the job until I left for college.
-
Minimum wage employees make minimum wage for a reason, they are easily replaceable. Don't like your pay? Do something to change it. There are thousands of community colleges that offer very reasonably priced online classes to help people learn new skills, and there are numerous state and federal programs to help people pay for continuing education. If you are 30 year old and don't have any skills to help you find a job outside of a minimum wage job, then the problem is you, not society.
I still remember when I was working at my first ever "real" job doing administrative work and book-keeping for a small business, a new coworker was hired who was 10 years or so older than me for the exact same job, and somehow I found out that she was making several dollars more an hour than I was. I asked my boss why there was such a difference in our pay, and he told that it was because she was older and had to help support her family on her salary. I was pretty upset about that response, but I sucked it up and kept the job until I left for college.
Minimum wage is supposed to be a starting wage. Like people bagging groceries, flipping burgers, and washing cars make. It has never been intended to raise a family on.
On another note, all of those jobs I just mentioned pay more than that here in Middle Tennessee, and that DUmmies is called the free market.
-
Minimum wage is supposed to be a starting wage. Like people bagging groceries, flipping burgers, and washing cars make. It has never been intended to raise a family on.
On another note, all of those jobs I just mentioned pay more than that here in Middle Tennessee, and that DUmmies is called the free market.
That's right. Plus, we need a certain number of low-paying jobs for ex-cons to remind them that there are consequences for their actions. $21.72/hr is way too much for the dregs of society.
-
That's right. Plus, we need a certain number of low-paying jobs for ex-cons to remind them that there are consequences for their actions. $21.72/hr is way too much for the dregs of society.
Although, it doesn't matter... because as stated if the MW was set at $21.72/hr then milk would be about $14 a gallon. And my little IT job which pays around ~25/hr would pay ~75/hr.
-
Although, it doesn't matter... because as stated if the MW was set at $21.72/hr then milk would be about $14 a gallon. And my little IT job whish pays around ~25/hr would pay ~75/hr.
One can easy pull $25/hr as semi-skilled (non trade qualified) labor in the construction industry. I kinda liked the work too. Far less stressful and rather more entertaining than my original and formal skills in IT.
-
Dear DUmmies,
My current rate of pay is significantly above your "minimum" wage. And should minimum wage increase, my wage will go up substantially as well eventually. Why? Because my skill set is not "unskilled"--quite the contrary, it takes many years in the industry to gain the skills and experience necessary to do what I do. As a member of the military, I worked at/below minimum wage in conditions which would have caused you to assume the fetal position by the end of the first week. But sucking it up then has paid off big-time now, and will continue to pay dividends until I retire.
Am I the 1 percent? Nope--but I do well enough to where I don't need "daddy gub'mint" to save my ass, either.
-
Dear DUmmies,
My current rate of pay is significantly above your "minimum" wage. And should minimum wage increase, my wage will go up substantially as well eventually. Why? Because my skill set is not "unskilled"--quite the contrary, it takes many years in the industry to gain the skills and experience necessary to do what I do. As a member of the military, I worked at/below minimum wage in conditions which would have caused you to assume the fetal position by the end of the first week. But sucking it up then has paid off big-time now, and will continue to pay dividends until I retire.
Am I the 1 percent? Nope--but I do well enough to where I don't need "daddy gub'mint" to save my ass, either.
That's enough right there for them to classify you as an enemy of the people. Anyone who is independent will fight back against the collective.
-
That's enough right there for them to classify you as an enemy of the people. Anyone who is independent will fight back against the collective.
If I'm an enemy of the DUmp, then I know I'm doing something right with my life.
-
If I'm an enemy of the DUmp, then I know I'm doing something right with my life.
H5 for that. IIRC, someone significant--it might have been Will Rogers--said something to the effect of, 'You can take the measure of a man by who his enemies are.'