FC Community
Discussion Boards => Off-Topic => Topic started by: JaniceSW on April 05, 2015, 02:51:31 pm
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Do you think raising the minimum wage genuinely helps the working poor or just, in the long run, drives prices up for everyone and ends up being negligible?
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Raising the minimum wage is a no brainier, you'd have to be an idiot or a republican to not see that. Oh..so an idiot. :)
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I think it is a good idea and hopefully more jobs to come along with it.
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Yes, it should be raised. For all those who don't think it should be (especially politicians) I would like to see them live on a minimal wage salary for two months and see how they make it. Perhaps trade salaries with someone who does earn minimal wage for two months.
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It should be raised but unfortunately I do think the price of other things will go up to becsuse comoanies will claim they needed to increase the price of there product to pay fir the increasedcost in wages.
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It should be raised with inflation but raising it too much can cause other prices to rise...
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It should be raised, try living on a pay with minimun wage. I'm sure by doing this, it will have a snowball effect on the economy. I don't have the answer for that, but I'm not a pollitician either. I just don't kniw how people can be expected to live on minimum wage jobs. You can probably get more on welfare,(food stamps, HUD housing, Medicaid, CHIPS - free medical care for kids, breaks on heating costs, etc), would the politicians rather the people working (minimun wage), who are trying to help themselves and work full time all go on welfare?
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its a good idea but its a bad one to because with the raise of minimum wage comes higher prices eveywhere else which takes more and more out of the pockets of people just bearly getting by to begin with. It's good for the ones earning that but it hurts the people who are just getting by
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I think they only raise it so they can get more taxes from us.
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Do you think raising the minimum wage genuinely helps the working poor or just, in the long run, drives prices up for everyone and ends up being negligible?
Raising the min wage will not help anything. A few years ago when the min wage was 5.25 you could get a gallon of milk for about $2. Min wage is now 7.25 and milk is around $5 a gallon. The price of everything has went up. I got groceries this morning and my total was over $100 and I just had a few bags. If min wage goes up to $15 like the burger flippers are screaming then the people with an education who make $15 will want more and the ones above them will want more.
It's a simple concept. If you want to make $15 an hour then get an education and get a job that pays that much. No, you cannot live on $7.25 an hour. But you can't run a register at McDonald's and expect to be paid like you are an RN. The biggest thing would be to let the people WORK more than 15 hours a week. It really doesn't matter because this country is so far down the crapper there is no way to come back from it.
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Raising the minimum wage is a no brainier, you'd have to be an idiot or a republican to not see that. Oh..so an idiot. :)
Or you could be a dumocrat. Oh you proved that with your post.
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It should be raised but unfortunately I do think the price of other things will go up to becsuse comoanies will claim they needed to increase the price of there product to pay fir the increasedcost in wages.
And the point is if you raise min wage and then the price of everything goes up then raising the min wage is futile because you are paying more for everything so you are not really getting more money. But people are too stupid to see that.
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It should be raised, try living on a pay with minimun wage. I'm sure by doing this, it will have a snowball effect on the economy. I don't have the answer for that, but I'm not a pollitician either. I just don't kniw how people can be expected to live on minimum wage jobs. You can probably get more on welfare,(food stamps, HUD housing, Medicaid, CHIPS - free medical care for kids, breaks on heating costs, etc), would the politicians rather the people working (minimun wage), who are trying to help themselves and work full time all go on welfare?
You are not suppose to live on min wage. That is the whole point. Although that is all a lot of people can get right now - but min wage was suppose to be a starting point. You work hard and get a better job or a promotion or go to school and get an education and get a better job. Min wage was never suppose to be a job to raise a family on.
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its a good idea but its a bad one to because with the raise of minimum wage comes higher prices eveywhere else which takes more and more out of the pockets of people just bearly getting by to begin with. It's good for the ones earning that but it hurts the people who are just getting by
People are fixing to see what raising the min wage or wages in general will do. Prices at Walmart are already going up. I have noticed a huge difference lately. I have also seen where all jobs start at no lower than $9 an hour at Walmart. The ones who have worked there for years are also going to want a raise equal to what everyone making $7 something got. When WM has to start paying everyone a lot more money they will raise their prices. You can bet the higher ups are going to make money. Not lose or break even so the employees who are worth no more than before are being paid more. People need to learn to live within their means. Having the internet, cable tv, steaks, going on vacation, all that stuff is IF you can afford it. You do not have a right to any of it. I hear people cry all the time about how hard their life is and they can't pay their bills but yet they still have internet at home, cable or satellite tv, and other suck luxuries. It is possible to live in your home with no electric, no telephone, and you eat what you can afford ie peanut butter or cheese sandwiches. Suck it up.
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Raising the minimum wage to a ridiculous amount (i.e., $15.00 per hr.) would do nothing positive not even for those who would be earning it. You would pay more for the item or services you buy and the person making the money would PAY MORE IN TAXES!!!!!!!!!! I call that a LOSE, LOSE!!!!!!!!!!!!!!!!
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I think the minimum wage should be raised but I don't believe it'll help. People will end up paying more in taxes and price of good will go up. Unless people live off the old rate and save the difference or use it to payoff debt, nothing will change.
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Raise it...it will help.
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Do you think raising the minimum wage genuinely helps the working poor or just, in the long run, drives prices up for everyone and ends up being negligible?
Both ways, but for multimillion and multibillion dollar companies it's pocket change to them. CEO's and management are making millions so they should share the wealth.
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Obviously a great idea all around.
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Petition to Raise the Minimum Wage
http://www.timeforaraise.org/take-action/
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It would be a bad idea. The ones that it would hurt the most would be our retired that are living on SS income. I can see it now with the raise in it. My parents are suffering already with the cost of groceries increasing. Unfortunately they don't increase their retirement income based on the increase in the minimum wage. They have been forced to ask for meals on wheals for supplement food to try to get by, and that food is not good from what they tell me. How much worse can it get.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
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Raising the minimum wage to a ridiculous amount (i.e., $15.00 per hr.) would do nothing positive not even for those who would be earning it. You would pay more for the item or services you buy and the person making the money would PAY MORE IN TAXES!!!!!!!!!! I call that a LOSE, LOSE!!!!!!!!!!!!!!!!
Exactly. But people cannot see that. It's like when min wage was $5.25 an hour. I, at that time, thought it needed to be raised. But now I see that what the older people were saying was true. Min wage was raised and so were the prices for everything. When min wage was around $5 an hour I could get a gallon of gas for 99 cents. If min wage is raised to as low as even $10 an hour the price of EVERYTHING will increase and you still will have no more money.
And, if the standards for welfare and food stamps does not change, the people who work and still get government assistance will loose that extra money and prices have increased so they actually have less money. But as I have already said, people cannot see that until it actually happens.
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I think the minimum wage should be raised but I don't believe it'll help. People will end up paying more in taxes and price of good will go up. Unless people live off the old rate and save the difference or use it to payoff debt, nothing will change.
If you do not believe it will help then WHY do you think it should be raised? That makes no sense.
And you cannot live "off the old rate" whatever that means. And most people do not use extra money to pay off debt. You see this when the first of the year comes and people get income tax refunds and they go buy new cars, tvs, and other crap they do not need. Most people do not use the extra money to pay off debt. And if it is credit card debt they don't care. They just go file bankruptcy and say who cares.
I know a woman who stopped making her house payments, moved from the residence, filed bankruptcy against that debt, went and bought a new house and could not understand why the lender of the first house filed a lawsuit against her and contested the bankruptcy. If you can buy a new home you are not bankrupt. She is a dead beat who didn't want to pay for her other loan.
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It would be a bad idea. The ones that it would hurt the most would be our retired that are living on SS income. I can see it now with the raise in it. My parents are suffering already with the cost of groceries increasing. Unfortunately they don't increase their retirement income based on the increase in the minimum wage. They have been forced to ask for meals on wheals for supplement food to try to get by, and that food is not good from what they tell me. How much worse can it get.
Why don't YOU help them get food? The meals on wheels is not 5 star hotel quality food but it is actually decent food. I think it is wrong to ask for something for free and then complain that it is not good. I totally understand that buying food is hard. I like a lot of other people struggle. Maybe that's why I don't feel sorry for people. Most people who cry about how hard their life is have things WAY better than I do.
As for how much worse can it get? American is going to fall. We are going down. People are stupid and say "oh nothing can happen to us we are the United States". Yeah, open your eyes. We will be worse off than any of these third world countries before it is over.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Here is the thing. The CEO of McDonald's I am sure is a very rich man. The owners of the individual restaurants are not hurting for money. BUT, the people who fry french fries, flip burgers, and take orders are not worth $23 an hour. Heck, doctors don't even make that. If you want to make $23 an hour you need to go to college and get an education. You cannot expect to get a job in a fast food restaurant and make $20 plus an hour. That is just ridiculous.
And I guarantee if YOU owned your own business, say a fast food restaurant, you would pay dead beat worthless employees the minimum wage. You would not pay them $20 an hour and share you fortune. You would keep it for yourself.
I recall threads on this site about how rude people at Walmart are, orders being screwed up at fast food, and other low paying jobs. Do you think those people deserve $23 an hour? They deserve what they are making.
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I think when they raise the minimum wage, they should also give the ones that are making more then minimun wage a little more money too. Hope everyone has a good day and may God bless each of you and keep you safe. :)
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When I graduated from High School in 1957 minimum age was $1 and they have been raising it ever since, but the actual benefit to an individual worker is the same. When are they going to figure out it's just smoke and mirrors?
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I think it should be raised, but $15 an hour is a little high. Bring it down to around $10.00 or even $9.00 an hour. That sound more like it.
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It should be raised but unfortunately I do think the price of other things will go up to becsuse comoanies will claim they needed to increase the price of there product to pay fir the increasedcost in wages.
And the point is if you raise min wage and then the price of everything goes up then raising the min wage is futile because you are paying more for everything so you are not really getting more money. But people are too stupid to see that.
You misspoke, but your logic is correct... The issue is the difference between currency and value. The whole point behind money / currency is that it is a measure of value. When you work, you increase value to society as a whole, and as such you get money to show the value that you increased in the world. You can then use your money to purchase something -- a product of someone else's value that they've added. When you increase the minimum wage, the person does get more money / currency, but since the raise was caused by a legal mandate, the increase in money causes a decrease in the value of that currency. Thus in order to purchase a physical good, you'd still need to pay its value meaning you'll now have to pay more money for the same value. So you're incorrect in saying that you are not getting more money; it'd be more correct to say that increasing a person's pay won't actually increase their value and therefore the purchasing power of the money will decrease.
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I do believe it's a good idea for those making less than minimum wage. The problem is all those raises will increase the price on everything.
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It is going to raise the cost of everything in order to pay the raise, and or more people will be laid of and will go on welfare and it is already stretched so tight something is going to have to give. When it comes to more people on welfare then are working , well I hate to think about it. I believe people should be given a raise for good work, but lets do it in small amounts not just double it. And lets face it flipping burgers is an easy job, but get an education and you will have a better job.
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Raising the minimum wage, might raise other price's too.
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I personally believe that minimum wage should be $10/hour. I know so many struggling families where finding a good job is harder for them, not talking about how much they get paid per hour which is low with general labor jobs. Government should look into that issue and hope will give more opportunity for poor to middle class people.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Here is the thing. The CEO of McDonald's I am sure is a very rich man. The owners of the individual restaurants are not hurting for money. BUT, the people who fry french fries, flip burgers, and take orders are not worth $23 an hour. Heck, doctors don't even make that. If you want to make $23 an hour you need to go to college and get an education. You cannot expect to get a job in a fast food restaurant and make $20 plus an hour. That is just ridiculous.
And I guarantee if YOU owned your own business, say a fast food restaurant, you would pay dead beat worthless employees the minimum wage. You would not pay them $20 an hour and share you fortune. You would keep it for yourself.
If MY fortune was made on the backs of workers who had to get food stamps to feed their families, you bet I would share the wealth.
If you don't value your employees enough to pay them a living wage, then you don't deserve your fortune.
As far as education, do you have any idea how many college graduates are flipping burgers? There are a heck of a lot of them.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Here is the thing. The CEO of McDonald's I am sure is a very rich man. The owners of the individual restaurants are not hurting for money. BUT, the people who fry french fries, flip burgers, and take orders are not worth $23 an hour. Heck, doctors don't even make that. If you want to make $23 an hour you need to go to college and get an education. You cannot expect to get a job in a fast food restaurant and make $20 plus an hour. That is just ridiculous.
And I guarantee if YOU owned your own business, say a fast food restaurant, you would pay dead beat worthless employees the minimum wage. You would not pay them $20 an hour and share you fortune. You would keep it for yourself.
If MY fortune was made on the backs of workers who had to get food stamps to feed their families, you bet I would share the wealth.
If you don't value your employees enough to pay them a living wage, then you don't deserve your fortune.
As far as education, do you have any idea how many college graduates are flipping burgers? There are a heck of a lot of them.
You have to also go to school for something that you can get a job in that field. I know people who have went to school for something totally stupid. They have no intention of moving and in the small town I live in are not going to be able to get a job in their field of study. I went to college, and I am working a part time job in retail. I lost the job I had for almost 25 years. I am well aware of how hard things are. More aware than people in my daily life know about.
Here is the thing about a "liveable wage" - it goes back to what you can live without. I personally know people who get food stamps, work part time, and cry about how hard their life is and how they don't have the money to pay their bills. But yet, they have cable tv, internet, gym memberships, go out to eat, go to the movies, and the list goes on. These are not things you NEED. People need to learn to live within their means. If you do not have the money for the extras then you do not have them.
I can see it both ways. I have in the past worked for min wage and know it is tough to live on that. But I cut out the extras and I managed. Nobody owes me or you anything. Too many people think the world owes them something. Back when min wage was $5 an hour and that is what I was paid yes I thought it needed to be raised. It was. I see now that it did not get us any where. As predicted the price of everything went up so therefore you pay more for what you purchase (food, gas) and you still don't have any extra money.
This is kind of one of them pointless discussions. You can talk til you are blue in the face and people don't understand the concept.
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yes raise mininum wage but prices need to be kept the same. giving us more money and raising the prices of everything we buy in the end is fruitless.
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I know how you feel about talking till you're blue in the face and people not understanding. I think that that is because so many people have a poor understanding about economics in general. When you learn about economics, you understand that it is describing a dynamic system. If you do one thing, it has effects on other things. If you raise the price, the demand goes down. If you give more currency to a person than the work for that pay is worth, you decrease the value of the currency (esp if the government does this throughout the entire country's economy).
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yes raise mininum wage but prices need to be kept the same. giving us more money and raising the prices of everything we buy in the end is fruitless.
So you're saying to raise the minimum wage so that people can purchase what they want (increase demand since more people can now afford an item) but hold the prices the same. This will end up with shortages of the product. Just witness what happened in the 1970s with gas... Gasoline prices were capped and as a result there were mass shortages across the country with people waiting in long lines just to get any gas that was available. In fact some economists determined that some people were actually paying more for their gas during this time period if you took into account not only the money paid for the gas, but also the opportunity costs of having to wait in line instead of spending that time working.
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yes raise mininum wage but prices need to be kept the same. giving us more money and raising the prices of everything we buy in the end is fruitless.
So you're saying to raise the minimum wage so that people can purchase what they want (increase demand since more people can now afford an item) but hold the prices the same. This will end up with shortages of the product. Just witness what happened in the 1970s with gas... Gasoline prices were capped and as a result there were mass shortages across the country with people waiting in long lines just to get any gas that was available. In fact some economists determined that some people were actually paying more for their gas during this time period if you took into account not only the money paid for the gas, but also the opportunity costs of having to wait in line instead of spending that time working.
The gas shortages in the 70s were caused by a deliberate oil embargo by OPEC. It didn't have anything to do with demand, or wage increases.
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It is a HORRIBLE idea and will cause less jobs and business owners hate it!! Terrible idea!!!!
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It is a HORRIBLE idea and will cause less jobs and business owners hate it!! Terrible idea!!!!
What most people are not smart enough to see is yes they may raise your pay but they will cut your hours. The average yahoo out here has no clue as to the over head that goes into each employee. Most people think if you make $8.00 an hour then that is ALL that is being paid out of what the establishment makes for each person. But that is no where close to all that is paid in.
But it all boils down to what I said before. YOU accept the job for the pay offered. Jobs are hard to come by so people need to live within their means. Cut out the extras. And if you are not happy with your job then find another one. If min wage is increased to $10 an hour we will have even fewer full time jobs, fewer part time jobs, and the part timers will have even less hours.
It's kind of like when the businesses were forced to provide healthcare. Everyone said it won't hurt anything. It won't make a difference. But yet it did. Businesses give employees 10-15 hours a week, call them part time, and get around offering benefits. Yes, part timers have the option of health insurance but it is basically worthless, does not pay enough to make it worth having, and is too expensive for someone working 10 or so hours a week to be able to afford.
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yes raise mininum wage but prices need to be kept the same. giving us more money and raising the prices of everything we buy in the end is fruitless.
So you're saying to raise the minimum wage so that people can purchase what they want (increase demand since more people can now afford an item) but hold the prices the same. This will end up with shortages of the product. Just witness what happened in the 1970s with gas... Gasoline prices were capped and as a result there were mass shortages across the country with people waiting in long lines just to get any gas that was available. In fact some economists determined that some people were actually paying more for their gas during this time period if you took into account not only the money paid for the gas, but also the opportunity costs of having to wait in line instead of spending that time working.
The gas shortages in the 70s were caused by a deliberate oil embargo by OPEC. It didn't have anything to do with demand, or wage increases.
True, OPEC created a decrease on gas supply which should have caused gas prices to also rise. And the higher prices would in turn decrease demand so that it would match the decrease in supply. With true free market forces working, although the prices would be higher, it would also cause people to conserve more, and other companies to try finding alternate forms of fuel and/or increase their own production to capture the profits by the elevated prices (all of which could be witnessed during the 2000s when gas prices were about double than what they are now).
However in the 70s, people were afraid of letting the market just naturally adjust to the OPEC embargo; afraid that gas stations would "gouge" their customers with their prices. So then Presidents Ford and Nixon enacted price controls on gas thereby fixing a lower price for gas. Thus we had low supply, an artificially lower fixed price, and demand that hadn't changed. As a result, we had shortages of gas and lines at gas stations.
Supply and demand are inversely related; you can't talk about one without talking about the other. Under a free market system, whether the supply decreases or the demand increases, the result would be that prices would rise. However if prices are capped while either the supply or the demand changes, it will lead to shortages. So while it's true that in my example, the shortages in oil were cause by a price control and a decrease in supply, moonangel's suggestion would also lead to shortages caused by a price control but an increase in demand.
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It all comes down to one thing, the money has to come from somewhere. If you pay the workers more, the prices go up, PERIOD.
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yes raise mininum wage but prices need to be kept the same. giving us more money and raising the prices of everything we buy in the end is fruitless.
So you're saying to raise the minimum wage so that people can purchase what they want (increase demand since more people can now afford an item) but hold the prices the same. This will end up with shortages of the product. Just witness what happened in the 1970s with gas... Gasoline prices were capped and as a result there were mass shortages across the country with people waiting in long lines just to get any gas that was available. In fact some economists determined that some people were actually paying more for their gas during this time period if you took into account not only the money paid for the gas, but also the opportunity costs of having to wait in line instead of spending that time working.
The gas shortages in the 70s were caused by a deliberate oil embargo by OPEC. It didn't have anything to do with demand, or wage increases.
True, OPEC created a decrease on gas supply which should have caused gas prices to also rise. And the higher prices would in turn decrease demand so that it would match the decrease in supply. With true free market forces working, although the prices would be higher, it would also cause people to conserve more, and other companies to try finding alternate forms of fuel and/or increase their own production to capture the profits by the elevated prices (all of which could be witnessed during the 2000s when gas prices were about double than what they are now).
However in the 70s, people were afraid of letting the market just naturally adjust to the OPEC embargo; afraid that gas stations would "gouge" their customers with their prices. So then Presidents Ford and Nixon enacted price controls on gas thereby fixing a lower price for gas. Thus we had low supply, an artificially lower fixed price, and demand that hadn't changed. As a result, we had shortages of gas and lines at gas stations.
Supply and demand are inversely related; you can't talk about one without talking about the other. Under a free market system, whether the supply decreases or the demand increases, the result would be that prices would rise. However if prices are capped while either the supply or the demand changes, it will lead to shortages. So while it's true that in my example, the shortages in oil were cause by a price control and a decrease in supply, moonangel's suggestion would also lead to shortages caused by a price control but an increase in demand.
They fixed the price of gas in the 70s because there WAS price-gouging.
As for the free market, there is no such thing, as long we subsidize industries with taxpayer dollars.
The law of supply and demand only works if people have choices.
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I think it's gonna do both.
I think minimum wage should be a livable wage for a single person. Minimum wage isn't designed to support a family of six. That's just unrealistic. It should, however, support a single person living in that community.
Just my take on it.
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The whole thing is an unfortunate vicious circle - but then company owners will use any excuse to raise prices so it doesn't matter. It is impossible to live on minimum wage even increased minimum wage but you just have to do the best you can with what you have to work with and try to budget. Also it means usually that you have to live with someone or have room mates.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Minimum wage first became law in 1938 the minimum wage was $0.25/hour. Adjusted for inflation, that would be $4.16 in 2015.
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I think it is a good idea to raise the minimum wage because it is hard to support a family on such a small amount of money.
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I think it is a good idea to raise the minimum wage because it is hard to support a family on such a small amount of money.
There are better solutions to that problem, such as get a better job or side income.
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Prices will go up for sure to make up for it
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Yes, I think the minimum wage should be raised. People who work hard shouldn't have to practically starve on the wages they receive or have a hard time paying their rent. People say it will raise prices and reduce the number of jobs available, but that remains to be seen.
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It should be increased. Most of the increased costs we have seen the past few years have been because of oil prices. High oil prices causes everything else to go up.
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raise minimum wage = higher prices = expanding your expenses
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Yes, I think the minimum wage should be raised. People who work hard shouldn't have to practically starve on the wages they receive or have a hard time paying their rent. People say it will raise prices and reduce the number of jobs available, but that remains to be seen.
It doesn't remain to be seen at all, it has happened over and over since 1938. How many times do we need to see it? It's a simple matter that you need to fill the glass before you can pour out more water.
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Minimum wage is for low class jobs. If we raise that then all other things will be raised. It is not the wage we need to raise it is the reframe from hiring of illegal immigrants that we need to stop. I work in the low class industry and I swear if I hear another person speak only Spanish I am going to scream. Every where I go not just my job.
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The whole thing is an unfortunate vicious circle - but then company owners will use any excuse to raise prices so it doesn't matter. It is impossible to live on minimum wage even increased minimum wage but you just have to do the best you can with what you have to work with and try to budget. Also it means usually that you have to live with someone or have room mates.
No, you live within your means. I have lived alone and lived on min wage. Yes you struggle but you don't go out to the movies, you don't go out and eat, you don't eat steak at home, you turn off the cable, you turn off the internet, you LIVE WITHIN YOUR MEANS. You live on the money YOU make. You can't expect to make min wage and live like you have a lawyer's salary.
Yes room mates would help but that is assuming they actually put in their share.
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I think it is a good idea to raise the minimum wage because it is hard to support a family on such a small amount of money.
lol. You are not suppose to support a family on min wage. And if you can't feed 'em - don't breed 'em. I am so tired of these people who have a brood of kids wanting people to feel sorry for them and provide for their kids. I know a man who has 4 kids and cries about how much raising 4 kids costs. He needs to get fixed so he doesn't have any more. Should have got fixed 2 kids ago. Don't cry to me because your food bill is high.
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I think it is a good idea to raise the minimum wage because it is hard to support a family on such a small amount of money.
There are better solutions to that problem, such as get a better job or side income.
It's not that easy. If it were then all the people making min wage would just go "get a better job" or "side income". Maybe that is why so many people get into selling drugs. I can see this both ways. But over all I can see that raising min wage to $10 or more an hour will just cause problems.
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Minimum wage is for low class jobs. If we raise that then all other things will be raised. It is not the wage we need to raise it is the reframe from hiring of illegal immigrants that we need to stop. I work in the low class industry and I swear if I hear another person speak only Spanish I am going to scream. Every where I go not just my job.
lol. I know. I hate when some idiot comes in and yaps spanish to me and when I don't know what they are saying they just stand there and repeat what they just said like I will magically understand it the second time. Smh. I don't even make any effort most of the time. If someone is really nice and they are trying to speak English then I will make more effort to understand or communicate. If I went to Mexico I would be expected to learn their language.
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Minimum wage first became law in 1938 the minimum wage was $0.25/hour. Adjusted for inflation, that would be $4.16 in 2015.
And according to this, the current minimum wage is valued at 4.82.
http://www.infoplease.com/ipa/A0774473.html
So we're ahead of the game, even if we do have to live in our cars!
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they are always raising the minimum wage, when is enough
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It's a double edged sword. Raise it to much and it helps the people getting it it also hurts the people that are struggling to get by because prices of everything goes up
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If minimum wage had kept up with inflation, it would be around 23 dollars an hour now.
Instead of raising wages, companies have paid their CEOs and owners billion dollar salaries.
If they don't want to pay the people who are making money for them, maybe the CEOs and owners should do the work themselves.
Minimum wage first became law in 1938 the minimum wage was $0.25/hour. Adjusted for inflation, that would be $4.16 in 2015.
And according to this, the current minimum wage is valued at 4.82.
http://www.infoplease.com/ipa/A0774473.html
So we're ahead of the game, even if we do have to live in our cars!
That's indexed using constant 1996 dollars, not the same exercise as adjusting the 1938 wage for inflation in terms of 2015 dollars. Article is using the same source CPI data from the DLA as I am, just presenting it different terms.
http://data.bls.gov/cgi-bin/cpicalc.pl?cost1=.25&year1=1938&year2=2015
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I think it helps a little, at first.
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I'm absolutely for this.
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Im not really seeing how raising the minimum wage will make things more expensive when they are already expensive. A gallon of milk is more than a gallon of gas.
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Five words...Yes. It. Should. Be. Raised...*Drops mic, walks off*
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Im not really seeing how raising the minimum wage will make things more expensive when they are already expensive. A gallon of milk is more than a gallon of gas.
It's a very simple concept. When companies have to pay people more they will raise the price of their product. Milk use to be around $2 a gallon. Now it's $5 or more. This happened after min wage went to $7.25. People will not see the results until after it happens.
What people can't seem to grasp is if you have NO education you do not deserve to make $15 an hour. If min wage is by some chance raise to $15 an hour then people who have an education and are making $15 will want more so when they get more the ones above them will want more.
The big companies are going to MAKE MONEY. They are not going to suck up the loss when they have to pay worthless people way more than they are worth.
And yes people are worthless. We have the same people call in EVERY WEEKEND. Funny how they only get "sick" on the weekends when it is warm and sunny.
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Do you think raising the minimum wage genuinely helps the working poor or just, in the long run, drives prices up for everyone and ends up being negligible?
Hello! :D :) I think it would be great to get a higher minimum rage. :notworthy: :highfive: But I feel some how everyone will be paying for that change. The price of everything will sky rocket. Everything would be pricy and be difficult to maintain. I think the way things are set up. Everyone will continue to work until they are well into their old age. I think it's best minimum wage stays the same.
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I have credit debt, the debt amount is FIXED. I work multiple jobs at minimum wage, this would only help me pay this stuff off quicker.
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What people can't seem to grasp is if you have NO education you do not deserve to make $15 an hour. If min wage is by some chance raise to $15 an hour then people who have an education and are making $15 will want more so when they get more the ones above them will want more.
That's assuming that the people already making the $15/hr. can see a commensurate increase in their salary. However a company cannot raise everyone's wages by equal proportion throughout the company; at some point, the people making the higher wages will not get as much of a raise, thus making them disgruntled. If you have worked for a company for years busting your behind and some new, unskilled person comes in and starts making just as much as you, you are going to be very upset and may even leave the company.
Take the example of Gravity Payments (http://www.forbes.com/sites/davidburkus/2015/08/02/why-a-70000-minimum-salaries-isnt-enough-for-gravity-payments/).... In April of this year, CEO Dan Price announced that he would enact a $70,000 minimum wage in his company, the rationale being that that income would make his employees less stressed and therefore would have an increase in productivity. At first the news was met with great excitement and praise (esp. from liberal bloggers and pundits) as he was doing what the left wants ALL companies to do -- have the CEO slash their salary and give a nice income for all of their employees. However in a few short months, Gravity was faced with many issues related to this wage increase. Firstly, many of their customers feared that the money would have to come from somewhere, and since that somewhere was most likely to be from increased prices for their services, many of these customers left Gravity to find another competitor to do business with. But what hurt Gravity more than the loss of customers was the loss of some of their best employees. When these top-notch employees saw some entry-level worker get their income doubled while they may have only seen a modest raise in their own, they decided to abandon ship and go to a company that valued those good employees.
When you impose an artificial minimum wage, you start eroding the benefits of meritocracy. People that see others not worth as much being valued above what they should, it breeds resentment. And if meritocracy is destroyed across the board -- if a country imposes wage rates that all companies have to abide by -- these good workers won't just move to a different company (since the next company will have the same issues being that the mandate is universal), they will just give up. They will either downgrade their own value (by not working as hard, diligently, or intelligently) to match their earning value, or they will simply go into a field where they can benefit from the actual fruits of their labor (like becoming a farmer and growing just enough food for themselves to eat).
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I am all for people having better living situations but i don't understand how that wont effect the cost of our everyday livining expenses so we are back to where we started!
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I think the minimum wage should be raised. This would help everyone. Have a great night!
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i think it should be raised it should be commensurate with the cost of living
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It should not be raised significantly. We all will be paying more for everything we buy. Stores will pass along the increased labor costs to consumers. It won't accomplish what many think it will.
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I'm not sure if it's been mentioned already but the math has been done on this. You forget that these company heads are making BILLIONS in profit. They absolutely CAN raise the minimum wage without raising the price for many things and only need to raise it slightly for others. If the minimum wage is raised to $15.00 and everything doubles, it's because of greed and nothing more.
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I'm not sure if it's been mentioned already but the math has been done on this. You forget that these company heads are making BILLIONS in profit. They absolutely CAN raise the minimum wage without raising the price for many things and only need to raise it slightly for others. If the minimum wage is raised to $15.00 and everything doubles, it's because of greed and nothing more.
It doesn't matter if the CEO's are making billions or not. They are not going to give their profits away to dead beats who are too lazy to work. A person working at McDonald's flipping burgers does not deserve to make $15 an hour. That's more in line with what a nurse starts out at. And she has an education. If you raise min wage then the wages of everyone else will need to go up. And when all the wages go up the price of goods will go up. It's just how it is. Yes, the billionaires who have worked hard and made it big could pay the peons under them a lot more and share the wealth but why should they? It's like Walmart and Lowe's. Both companies the manager of the store makes in excess of $100,000 a year. Your peon workers were making min wage until recently when WM raised the starting wage to $9 an hour. But if hours are cut you still aren't making any more money. People aren't smart enough to figure that out. When min wage was around $5 an hour you could get a gallon of milk for a couple of dollars. Now it is $7.25 an hour and a gallon of milk is around $6. So yes, raising MW did effect the prices.
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Do you think raising the minimum wage genuinely helps the working poor or just, in the long run, drives prices up for everyone and ends up being negligible?
I'll help the working poor, but businesses are going to increase prices on their products and services to cover the wage increase.
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I'm for raising the minimum wage. I think it will all work itself out in the end. People need to be given the opportunity to be self sufficient.
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I'm for raising the minimum wage. I think it will all work itself out in the end. People need to be given the opportunity to be self sufficient.
Work itself out in the end? It has not worked itself out yet and min wage has been raised several times. People are given the opportunity to be self sufficient. It's called going to school, getting an education, working hard to advance, etc. Not expecting to be paid $15 an hour to say "ya want fries with that". People also want to live above their means. You do not have to have internet, cable tv, and other luxuries. If you can't afford it then you don't have it. And no you don't deserve it People seem to be confused on the difference in a need and a want. I get irritated with the fact that we have way too many employees at my work place. But we have to have extras, which cuts everyone's hours, because you have the handful of dead beats that may or may not show up for work.
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This is telling on my age, but when I started working min. wage was $3.75 an hour. But my taxes were zilch. gas was .85 a gallon, milk was .80 cents a gallon, I was working almost all 40 hour a week jobs, had insurance, the company matched what I paid in, had a week vacation and I was making it ok. But life was cheaper. Now they are making $7-9.00 and hour and look how much everything is. The cost of living has greatly exceeded the hourly wage increase and they also pay a lot more in taxes compared to what I paid. Yes I managed to work my way into management by going to school part time as I worked 2 jobs. And when I left I was making $15.75 an hour. But it took me about 10 years to do it. Also I can guarantee I knew every aspect of the business in that store. And could handle any problem. If I had not quit to get married and moved to where I could not drive back and forth to work every day I would have been making close to $25.00 an hour. But hubby did not want me driving at night in snow or after moving wind storms. But again school and hard work pays off. I did not stand around talking and expect good money for it.
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I'm not sure if it's been mentioned already but the math has been done on this. You forget that these company heads are making BILLIONS in profit. They absolutely CAN raise the minimum wage without raising the price for many things and only need to raise it slightly for others. If the minimum wage is raised to $15.00 and everything doubles, it's because of greed and nothing more.
A few companies, but most aren't making that much. Most minimum wage jobs aren't for companies making billions, and cannot afford $15.00/hr.
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Opinion from a paramedic in NY:
"Fast food workers in NY just won a $15/hr wage.
I'm a paramedic. My job requires a broad set of skills: interpersonal, medical, and technical skills, as well as the crucial skill of performing under pressure. I often make decisions on my own, in seconds, under chaotic circumstances, that impact people's health and lives. I make $15/hr.
And these burger flippers think they deserve as much as me?
Good for them.
Look, if any job is going to take up someone's life, it deserves a living wage. If a job exists and you have to hire someone to do it, they deserve a living wage. End of story. There's a lot of talk going around my workplace along the lines of, "These guys with no education and no skills think they deserve as much as us? *bleep* those guys." And elsewhere on FB: "I'm a licensed electrician, I make $13/hr, *bleep* these burger flippers."
And that's exactly what the bosses want! They want us fighting over who has the bigger pile of crumbs so we don't realize they made off with almost the whole damn cake. Why are you angry about fast food workers making two bucks more an hour when your CEO makes four hundred TIMES what you do? It's in the bosses' interests to keep your anger directed downward, at the poor people who are just trying to get by, like you, rather than at the rich assholes who consume almost everything we produce and give next to nothing for it.
My company, as they're so fond of telling us in boosterist emails, cleared 1.3 billion dollars last year. They expect guys supporting families on 26-27k/year to applaud that. And that's to say nothing of the techs and janitors and cashiers and bed pushers who make even less than us, but are as absolutely crucial to making a hospital work as the *bleep* CEO or the neurosurgeons. Can they pay us more? Absolutely. But why would they? No one's making them.
The workers in NY made them. They fought for and won a living wage. So how incredibly petty and counterproductive is it to fuss that their pile of crumbs is bigger than ours? Put that energy elsewhere. Organize. Fight. Win."