Raising minimum wage by 24%?

  • Posted by a hidden member.
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    Feb 25, 2013 6:57 PM GMT
    The people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
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    Feb 25, 2013 7:01 PM GMT
    $9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/
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    Feb 25, 2013 7:18 PM GMT
    Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/


    So why not $20 or $25 then?
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    Feb 25, 2013 9:31 PM GMT
    southbeach1500 said
    riddler78 said
    Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/


    So why not $20 or $25 then?


    Or $19? Or $22? Or $26?

    Who decides how much is "enough?"


    There will be those like meninlove (who also laughably claims that he knows something about basic finance let alone basic math) who claim that businesses attempt to pay their employees as little as possible and without minimum wage businesses would be in a race to the bottom and pay next to nothing.

    They have to contend with statistics like these:
    http://www.bls.gov/cps/minwage2011.htm

    In 2011, 73.9 million American workers age 16 and over were paid at hourly rates, representing 59.1 percent of all wage and salary workers.1 Among those paid by the hour, 1.7 million earned exactly the prevailing Federal minimum wage of $7.25 per hour. About 2.2 million had wages below the minimum.2 Together, these 3.8 million workers with wages at or below the Federal minimum made up 5.2 percent of all hourly-paid workers.


    Not only is the number of wage earners who earn minimum wage or less 5.2% (ie 94.8% earn MORE than minimum wage), but this doesn't account for salaried employees who are not wage earners and who would earn considerably more than minimum wage. So the number of workers who make minimum wage is probably considerably less than 5%!

    You'd think this was good news. But no, they'd rather have higher unemployment and they think that the people who suffer are big business who make too much money as it is. Unfortunately the only people who win are big business who generally don't pay minimum wage (and why WalMart has historically campaigned for higher minimum wage) and self congratulatory parasites who are employed as supposed advocates of the poor when they do anything but as the minimum wage shows. The losers? The peopel who can't get experience because of the cost to small businesses, and small businesses who are typically the ones who pay minimum wage.
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    Feb 26, 2013 6:57 AM GMT
    Canada has a higher minimum wage than the US and lower unemployment, so there goes that idea that it will raise unemployment. Canada has no federal minimum wage but it ranges from $9.75 to $11.00 by province. In Ontario and British Columbia it is 10.25 which is $9.99 in American dollars. Even the lowest minimum wage in Canada, Alberta's ($9.75) is equal to $9.50 in American dollars, higher than the proposed minimum wage of $9.

    According to this theory, Canada should have higher unemployment than the US , yet it has much lower unemployment.
  • metta

    Posts: 39165

    Feb 26, 2013 7:16 AM GMT
    Half Of U.S. Republicans Back Minimum Wage Of $9 Per Hour: Poll


    http://www.huffingtonpost.com/2013/02/25/republicans-minimum-wage_n_2758307.html
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    Feb 26, 2013 1:19 PM GMT
    Stan24 saidCanada has a higher minimum wage than the US and lower unemployment, so there goes that idea that it will raise unemployment. Canada has no federal minimum wage but it ranges from $9.75 to $11.00 by province. In Ontario and British Columbia it is 10.25 which is $9.99 in American dollars. Even the lowest minimum wage in Canada, Alberta's ($9.75) is equal to $9.50 in American dollars, higher than the proposed minimum wage of $9.

    According to this theory, Canada should have higher unemployment than the US , yet it has much lower unemployment.


    No, if all things were equal that might be the case, but Canada is already considered to be more competitive in terms of tax policy and regulation over the Americans. Australia also has a significantly higher mininum wage and lower unemployment - but this isn't to say neither Australia or Canada wouldn't have marginally lower unemployment if minimum wage were lower.

    Further, As noted above, the people who get paid around minimum wage are a small percentage of the population - and that applies to both countries. Canada hasn't experienced as bad of an economic slow down - at which times wage growth falls, as the US - and Canada has taken significant steps to improve its competitive environment including slashing its corporate tax rate to around 15% whereas the US corporate tax rate plus other taxes is effectively 40%:
    http://www.biv.com/article/20130221/BIV0102/130229990/canada-8217-s-corporate-tax-rate-competitive-globally-kpmg

    Also it's worthwhile noting that historically Canada has had a higher unemployment rate than the Americans.
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    Feb 26, 2013 1:20 PM GMT
    Trollileo said
    Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/
    If it matched productivity it would be more than $20.


    So why not arbitrarily set it at $100 or $200? Adjusting an arbitrary amount by whatever factor you want - inflation or productivity - still makes it an arbitrary amount unless you have some other reasoning.
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    Feb 26, 2013 2:24 PM GMT
    riddler78 said
    Trollileo said
    Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/
    If it matched productivity it would be more than $20.


    So why not arbitrarily set it at $100 or $200? Adjusting an arbitrary amount by whatever factor you want - inflation or productivity - still makes it an arbitrary amount unless you have some other reasoning.


    Trollileo, Riddler wants all minimum wages abolished, so arguing points, even the most valid, with him is futile. icon_lol.gif
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    Feb 26, 2013 2:49 PM GMT
    meninlove said
    riddler78 said
    Trollileo said
    Stan24 said$9 is not high enough. Americans have a lower minimum wage now than 45 years ago, when adjusted for inflation.

    "The minimum wage of $1.60 an hour in 1968 would be $10.56 today when adjusted for inflation."

    http://www.raisetheminimumwage.com/facts/entry/amount-with-inflation/
    If it matched productivity it would be more than $20.


    So why not arbitrarily set it at $100 or $200? Adjusting an arbitrary amount by whatever factor you want - inflation or productivity - still makes it an arbitrary amount unless you have some other reasoning.


    Trollileo, Riddler wants all minimum wages abolished, so arguing points, even the most valid, with him is futile. icon_lol.gif


    Heh - no, I'd say the opposite, but how would you possibly know because you've yet to argue a relevant point that wasn't debunked - like your claim that it would be a race to the bottom for businesses if we got rid of minimum wage. Reason however clearly was never your strength. icon_wink.gif
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    Feb 26, 2013 2:55 PM GMT
    Look Riddiot, do I have to go dig up the topics where you went on ad nauseum about how only 5% of businesses paid as low as minimum wage blah blah blah and so minimum wage isn't necessary?

    If that happened (minimum wages abolished) you'd not only have the unemployed on social assistance, but a large pool of workers who can't make enough in an hourly wage would also be on social assistance. That's already happening with the current low fallen-behind minimum wages in places in the US.

    Your way doesn't work, as far brighter minds have proven and have as a result acted on that proof which is why so many places have minimum wages to begin with.

    Geez you can be so dense in your pampered-upbringing idealism.
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    Feb 26, 2013 3:11 PM GMT
    Now there's a place with this a nice low minimum wage of 7.25 an hour.

    Let's see how wonderfully that's working out per Riddiot's meme in his first post:

    http://www.huffingtonpost.com/2011/08/03/governor-perrys-texas-economy_n_917460.html

    ..and this is interesting; if you have a job that can get tips your minimum wage is....$2.13 an hour.

    http://www.minimumwage.com/in-your-state/texas/

    The US men on RJ must be thrilled with Riddiot, raised in a decent social fabric and having benefiting from it hugely, as well as his family, telling them they must endlessly make do with less and less, in the hopes that the magic corporation fairies will suddenly create jobs (even though there's no work to be done) just because they have a bunch of extra cash.

    Nope. More cash means more profit, which is what corporations/businesses are all about.

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    Feb 26, 2013 3:24 PM GMT
    meninlove said Look Riddiot, do I have to go dig up the topics where you went on ad nauseum about how only 5% of businesses paid as low as minimum wage blah blah blah and so minimum wage isn't necessary?

    If that happened (minimum wages abolished) you'd not only have the unemployed on social assistance, but a large pool of workers who can't make enough in an hourly wage would also be on social assistance. That's already happening with the current low fallen-behind minimum wages in places in the US.

    Your way doesn't work, as far brighter minds have proven and have as a result acted on that proof which is why so many places have minimum wages to begin with.

    Geez you can be so dense in your pampered-upbringing idealism.


    Sorry please actually bothering to read what I write instead of assuming to know what I'm thinking. It might work out better for you, here and well, I would say in life but...

    And er no, far brighter minds have proven and shown that minimum wages like other price controls don't do much if anything at all. You have yet to make a coherent argument beyond "oh because the other guy's doing that" as to why it makes sense. Do you even know how to put together a coherent argument?
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    Feb 26, 2013 3:25 PM GMT
    *laughing at your inept arguing as you've been proven to be a liar*
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    Feb 26, 2013 3:38 PM GMT
    meninlove said *laughing at your inept arguing as you've been proven to be a liar*


    Oh the fantasies you must re-enact in your mind. People need only read this thread to see what a buffoon you really are. icon_wink.gif
  • roadbikeRob

    Posts: 14380

    Feb 26, 2013 10:29 PM GMT
    Riddler has this horrible habit of thinking that the mass majority of people should work for pittance or nothing at all while the wealthiest 2% should amass all the earnings and good life that comes with those earnings.
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    Feb 26, 2013 10:31 PM GMT
    roadbikeRob saidRiddler has this horrible habit of thinking that the mass majority of people should work for pittance or nothing at all while the wealthiest 2% should amass all the earnings and good life that comes with those earnings.


    Wrong again. I've never said that the mass majority of people should work for pittance or nothing - quite the opposite. I'd also rather that the poorest have jobs rather than be unemployed - I'm sorry you feel differently.

    However you bring up an interesting point - Is it then your belief that the rich only (or primarily) get richer if everyone else gets poorer?
  • mybud

    Posts: 11837

    Feb 27, 2013 3:01 AM GMT
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.
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    Feb 27, 2013 3:10 AM GMT
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    Nuff said? Curious - do you earn minimum wage?
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    Feb 27, 2013 3:11 AM GMT
    I'm curious as to the research of if raising the minimum wage would lower the amount of individuals who qualify for federal assistance.

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    Feb 27, 2013 4:00 AM GMT
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    He said in the other thread he supports a minimum wage of only 5 dollars A DAY....yes, he actually supports that.


    Quoting Riddler:

    "Yes imagine. Imagine however wanting to work for $5 a day because you want the experience for a better job but having the government tell you you can't even do that. Too bad you support that."

    http://www.realjock.com/gayforums/3049598

    Insanity.

  • mybud

    Posts: 11837

    Feb 27, 2013 7:14 AM GMT
    riddler78 said
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    Nuff said? Curious - do you earn minimum wage?
    What's the minimum wage in Canada..Senor know it all?
  • Posted by a hidden member.
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    Feb 27, 2013 1:25 PM GMT
    Stan24 said
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    He said in the other thread he supports a minimum wage of only 5 dollars A DAY....yes, he actually supports that.


    Quoting Riddler:

    "Yes imagine. Imagine however wanting to work for $5 a day because you want the experience for a better job but having the government tell you you can't even do that. Too bad you support that."

    http://www.realjock.com/gayforums/3049598

    Insanity.



    Oh right, because a hypothetical that you proposed is support? Do you know how to reason? icon_rolleyes.gif
  • Posted by a hidden member.
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    Feb 27, 2013 1:25 PM GMT
    mybud said
    riddler78 said
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    Nuff said? Curious - do you earn minimum wage?
    What's the minimum wage in Canada..Senor know it all?


    Depends on the province - now answer my question: do you earn minimum wage?
  • mybud

    Posts: 11837

    Mar 01, 2013 4:28 PM GMT
    riddler78 said
    mybud said
    riddler78 said
    mybud said
    riddler78 saidThe people this hurts the most will be the lowest wage earners.

    http://www.usatoday.com/story/opinion/2013/02/24/raising-minimum-wage-9-an-hour/1943807/

    Put in other terms:
    529864_10151306235228935_255718535_n.png
    What's the minimum wage in Canada asshole?hmmmmmm? nuff said.


    Nuff said? Curious - do you earn minimum wage?
    What's the minimum wage in Canada..Senor know it all?


    Depends on the province - now answer my question: do you earn minimum wage?
    Even though it's not your fuckin business ..Yes...I make more than the minimum...Now you answer this...Your minimum wage in Canada averages about 9 dollars an hour....So why do you care so much about a proper living wage in America?