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PDad

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Reply with quote  #1 
I didn't find a thread about this, so I started one here.

FWIW, a Federal minimum of $15/hour seems excessive given the low cost of living in some areas. The Fed min should be tied to the poverty level in some way and jurisdictions with higher costs of living are responsible for setting theirs above it.
Dewey

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Reply with quote  #2 
That sounds reasonable.  It just seems like something needs to be done at the lower wage levels.
keepinitreal

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Reply with quote  #3 
15 is outlandish and will cost jobs. All I have to say about it, 'cept you get paid what you're worth most times.
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"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
BillSmith

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Reply with quote  #4 
Back-in-the-the day, I was totting a gun for the ridiculous wage of $1.85/hour. Shortly there after, rose to $2.15. Through inflation, things in these parts have gone up by a factor of at the least a power of ten. Gas in 1972, .27 to .31 per gallon. Today: $3.29 to 3.59. $100,000 homes are now $1million. Why would wages not follow?

$2.15/hr. to $21.15

Seems fair.

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PDad

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Reply with quote  #5 
The Fed min in 1972 was $1.60/hr (http://www.dol.gov/whd/minwage/chart.htm) and that was before cheaper foreign labor put competitive pressure on US wages. Median US home price has gone from $27.6k to $236.4k. Prices have undoubtedly gone up by some multiple (8-10?) and it's a chicken-egg discussion whether the dramatic increase increase in two-income families since then is a result and/or response. I tend towards both.

The minimum wage is definitely not a living wage for a single-income family. MIT has a living wage calculator that provides great info on comparing the minimum wage vs poverty level vs living wage - http://livingwage.mit.edu/.
mikec

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Reply with quote  #6 
What is the purpose of the minimum wage?

Prior to the Obama economy, it was an entry to the job market.

Now, in the Obama economy, it is supposed to be a "living wage"?
Dewey

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Reply with quote  #7 
mikec - I think the purpose remains the same.  As others have hinted, they just forgot to adjust it for inflation.

Edit:  Actually, some sources say we're not that far off of keeping up with inflation, (5 or 6 time increase).  Maybe it was just a little low to begin with.
TylerDurden

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Reply with quote  #8 
Dewey,

Have you ever stopped to think what a $15 dollar/hour minimum wage will do to the economy.  I believe it will certainly cost people jobs and will put a huge burden on small businesses.  I think this is lost on the crowd mandating they be paid more....they may be out of a job.
Dewey

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Reply with quote  #9 
Tyler - I'm not sure there is an agreement on what raising the minimum wage does or how high would be too high.  I've read opinions from both sides.  In any event, I'm not advocating $15/hr.  I do think it's too low now but I'd need the research you're talking about to know where it should be.

Edit:  Not "know" but have a better understanding.
fhoenix

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Reply with quote  #10 
Minimum wage was established at tail end of the depression. It was the minimum you could pay someone for their labor AND the minimum you could offer to work for.
This was also when the fair labor standards act started.
Women in the late 1930s were homemakers and mcdonalds and fast food had not started yet. Kids went to school. When not in school they joined work force. Minimum wage was dock workers, farm hands, factory workers, assembly line, store clerks, child care, gas station workers, food services, sales jobs and salesmen including door to door, fisherman, forest workers, construction crew, drivers, etc...lots of jobs were minimum wage and a working man could support himself, his wife, his daughter, son, dog, cat, and own a car and home with white picket fence. That was the goal. A living wage. There weren't 2 adults working just to break even. 

I do not agree with the $15 minimum wage...BUT...it is moving minimum wage to $10 per hour then $1 per hour each year until it gets to $15. We have no idea the cost of living 5 years from now when minimum wage reaches $15. When 2016 ends it will be $11 per hour in seattle and NYC and other areas that already have adopted it. The tear 2020 is when we will see places with $15 per hour minimum wage.



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BamaHoHo

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Reply with quote  #11 
If raising the minimum wage reduces poverty, why not make the minimum $100 an hour?

Everybody would make ar least $200k a year, and we'd all be rich.

Simple. Right?!? RIGHT?!?!?!?
pabar61

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Reply with quote  #12 
Bama - don't confuse the liberals.  
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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.
keepinitreal

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Reply with quote  #13 
Saw a funny tweet relating to NY state raise to $15 minimum wage.  U-Haul executives are celebrating and throwing a party.  

BS should get it, probably not DC

__________________
"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
keepinitreal

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Reply with quote  #14 
Quote:
Originally Posted by BamaHoHo
If raising the minimum wage reduces poverty, why not make the minimum $100 an hour?

Everybody would make ar least $200k a year, and we'd all be rich.

Simple. Right?!? RIGHT?!?!?!?


I like it.  Do you listen to the Michael Berry Show?  He is carried by an affiliate in Alabama, Louisiana, Tennessee, New York etc...  He makes that case quite often.  Where would/should the minimum wage movement really like to have their wages set for menial labor?

Image result for menial labor

__________________
"Getting your motor revved about taking our guns is going to be what undoes your efforts."

"I like to establish the parameters of my own thoughts and don't think I need a director."

"This is not debate class. And this is not about politeness. We're talking about the damn future of our country"

"It is not just simply yelling out a name and yelling down dissenters........................... and I'll defend your right to even insult me" 
Dewey

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Reply with quote  #15 
If we had no minimum hourly wage, and no welfare benefits, we could have Americans working for $10/day like third world Countries.

Baseball players, teachers, police officers, and auto workers all have minimum wage levels.  There's nothing wrong with that and there's nothing wrong with minimum hourly wage levels for American workers.
mikec

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Reply with quote  #16 
Quote:
Originally Posted by Dewey
If we had no minimum hourly wage, and no welfare benefits, we could have Americans working for $10/day like third world Countries.

Baseball players, teachers, police officers, and auto workers all have minimum wage levels.  There's nothing wrong with that and there's nothing wrong with minimum hourly wage levels for American workers.



says the anti-capitalist.

from each according to his ability, to each according to his need.

has a catchy ring to it.

ps - I like the idea of making $100/hr - I'm in.
pabar61

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Reply with quote  #17 
Quote:
Originally Posted by Dewey
If we had no minimum hourly wage, and no welfare benefits, we could have Americans working for $10/day like third world Countries.

Baseball players, teachers, police officers, and auto workers all have minimum wage levels.  There's nothing wrong with that and there's nothing wrong with minimum hourly wage levels for American workers.


They're all unionized.  Did you forget that important fact?

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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.
PDad

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Reply with quote  #18 
I doubt Dewey forgot they're unionized since Dems are pro-union. Auto workers know better than most what happens when you over-price yourself out of the market.
Dewey

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Reply with quote  #19 
Somebody needs to represent regular Americans but, I'll agree, $100/hr would be pricing yourself out of the market.  Such a suggestion is not really a serious attempt at making the case.
PDad

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Reply with quote  #20 
Quote:
Originally Posted by keepinitreal
Saw a funny tweet relating to NY state raise to $15 minimum wage.  U-Haul executives are celebrating and throwing a party.  

NY has been quite disingenuous in characterizing their plan as a raise to $15 statewide since it is only scheduled for NYC and 3 counties. The schedule for the rest of the state is to $12.50 with indexed raises after that.

I find it amusing NY scheduled their raises to kick in on 12/31 instead of 1/1 so they appear to happen a year earlier...

NY's schedule of going from $9 to $15 over 3-4 years is very aggressive with $1.50-2.00 annual raises. Calif raised theirs over the past 2 years to $10 and will go to $15 over 6 years with $.50-1.00 annual raises. Calif will be at $12-13 when NY's areas reach $15.

IMO, Calif shouldn't have raised it statewide to $15 given the large number of rural communities.

I expect many states are also happy with these increases because they will recruit NY and CA businesses to move.
pabar61

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Reply with quote  #21 
Quote:
Originally Posted by Dewey
Somebody needs to represent regular Americans but, I'll agree, $100/hr would be pricing yourself out of the market.  Such a suggestion is not really a serious attempt at making the case.


So where is the line?  If $15 per hour is good, then $16 must be better.  If $100 is too much, how about $90?  Who decides.

Just like when Obama said that at some point you've made enough money, he never told us what that number is.  It's all emotional argument with no facts behind it.

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Will I Wynn is a poster who used to go by the name of Dewey.  He used to criticize people who did that.
Dewey

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Reply with quote  #22 
Quote:
Originally Posted by pabar61


So where is the line?  If $15 per hour is good, then $16 must be better.  If $100 is too much, how about $90?  Who decides.

Just like when Obama said that at some point you've made enough money, he never told us what that number is.  It's all emotional argument with no facts behind it.


We elect Representatives to research and determine these kind of answers.
TylerDurden

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Reply with quote  #23 
If only there was some outside force, comprised of the entities that make the money and sign up for the work, that could determine what the amount they would work for should be....
Lost_1

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Reply with quote  #24 
Year  = $100 TodayComments
1950 $10.17Inflation resumed after World War II. The dollar's value fell by nearly half since 1940.
1960 $12.49Inflation subdued and dollar retains most of its value.
1970 $16.37JFK and LBJ used deficit spending to spur economic growth. That increased inflation, and lowered the dollar's value.
1980 $34.77Nixon ended the gold standard in 1973. The dollar lost half its value.
1990 $55.14Reaganomics cut taxes and increased the deficit, boosting inflation.
2000 $72.65Although the budget was balanced in the 1990s, inflation continued due to expansive monetary policy that boosted the money supply.
2010 $92.00Expansive monetary and fiscal policy added to the money supply to fight the Great Recession. 

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spazsdad

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Reply with quote  #25 
The problem is Dems have created a whole dependent class and many of them are only qualified for part time, entry level jobs that were never supposed to be careers.
Remember when teenagers worked fast food to get some extra spending money. Now those jobs are taken by  employees trying to support a family of 4 with no male head of household.
You reap what you sow.
Love Dewey's response that $100 is not serious argument but can't justify why $15 is other than he says so and makes him feel good about "helping americans"

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#SCOTUS

Dewey

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Reply with quote  #26 
spazsdad - I suspect the minimum wage is aimed at making a full time, or close to it, worker reach a wage that puts them a bit above the poverty level.
PDad

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Reply with quote  #27 
The federal poverty level varies from $12k to $41k based on the size of the family. Should the minimum wage vary also? If not, which size should it be based? Similarly, what about families with multiple earners?
spazsdad

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Reply with quote  #28 
Dewey , While a noble cause selling burgers at a fast food joint should not be that job.
Part time, entry level positions should not be transformed into careers.
Using Pdads number of 12k is 5.76/hr for a single worker. Seems like we are already way past that.
Don't bread em if you can't feed em.

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#SCOTUS

woody

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Reply with quote  #29 
Working two fast food jobs is the new normal of the Obama administration.
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Jane you ignorant slut. Keep your booger hook of the bang switch, you stupid Socialist. 

Beer me Hippie. I feel more like I do now, than when I first got here.
Dewey

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Reply with quote  #30 
Over 5 million jobs available.  Not sure what more you want an Obama Administration to do.  But I'll listen if anyone offers up some ideas.

http://money.cnn.com/2016/02/09/news/economy/america-5-6-million-record-job-openings/

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