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Old 07-23-2015, 04:53 PM
 
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I'm for A minimum wage increase, but not THIS increase. $15 just sounds too high of a jump, and probably will cause issues in the long run. I think we need one, but one that is up to about $10 or $10.50, slowly raised to the over the next few years like the other minimums were implemented. Our minimum wage is lacking, especially compared to other first world nations, but people are getting greedy, and I think this $15 will only bite us in the ass.
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Old 07-23-2015, 04:53 PM
 
Location: Near Manito
20,169 posts, read 24,323,601 times
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Quote:
Originally Posted by pkbab5 View Post
What *might* help is if we instituted a policy of enforcing hourly salary minimums as a percentage of profits in relation to number of employees. Force companies to use a higher percentage of their profits as wage payments. That wouldn't necessarily bring the minimum up to $15, but it would bring it up some, and bring it up in such a way that inflation wouldn't necessarily compensate. However, enforcing it would require a lot of oversight, and probably cause other problems....
Yes, like a complete breakdown of our economic system. Unless that's what you have in mind...?
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Old 07-23-2015, 04:58 PM
 
34,278 posts, read 19,362,934 times
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Quote:
Originally Posted by BLAZER PROPHET View Post
In the Portland area (my domain) rent is out of control high. When landlords see a 50% increase in the minimum wage I would suppose this will spike rents. I wonder if this will cause a demand for rent controls and that fight might entail.

Another thought... what about the people currently making $15 - 18 per hour. Since inflation will spike, their cost of living takes a hard hit as their pay isn't increasing under law. They may suffer the most.
I doubt it. Most houses for rent don't actually intend raising rents as the rent is already so high its hard to find people to rent it. Minimum wage folks are stuck in apartments-NOT houses. Those might go up too, but they will be limited to some degree by housing folks, and the folks above minimum wage. So you will be protected from too much of a rent raise by the fact that the upper end of incomes wont be going up, and that will provide a cost container.

BTW-Historically inflation hasn't spiked after minimum wage increases.
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Old 07-23-2015, 05:00 PM
 
34,278 posts, read 19,362,934 times
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Quote:
Originally Posted by Severs View Post
I'm for A minimum wage increase, but not THIS increase. $15 just sounds too high of a jump, and probably will cause issues in the long run. I think we need one, but one that is up to about $10 or $10.50, slowly raised to the over the next few years like the other minimums were implemented. Our minimum wage is lacking, especially compared to other first world nations, but people are getting greedy, and I think this $15 will only bite us in the ass.
The president tried for $10.10, and Republicans pretty much stomped the idea into paste. Now they're dealing with the push back.

$11/hr and tie it to inflation. Done. But no, instead there seems to be a need to build the outrage until the pushback puts it higher.
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Old 07-23-2015, 05:24 PM
 
10,226 posts, read 7,577,745 times
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Quote:
Originally Posted by BLAZER PROPHET View Post
Many cities/states are moving to a jump to $15 per hour as a minimum wage.

The general arguments for are that we need to move on from the original intent of it being a pay for a second income, high school part time job, low skilled work... and make it a full living wage job where an individual can fully support themselves.

The pros are that it makes every job a full living wage one and will cut back on the need for public assistance, allow anyone to possibly buy a house...

The main cons are that it could cause some forms of inflation sparks, unemploy people as it may force small businesses to raise the costs if goods and services to cover salaries...

How think ye?
I think it's ultimately a good thing. $15 sounds high, but they're making it that high to make up for the many years of NO increase in those wages. Think of all the businesses who have been paying the SAME WAGE RATES for decades.

This will cost jobs. And it SHOULD. Any business that can't afford to pay American wages shouldn't be in busines, should it? It's not a viable business, if it survives only because it pays wages so low that people can't live on them.

There's another thing. Employees who get those wages get paid so little that they qualify for food stamp and other welfare programs. So, in effect, the businesses are shifting part of the responsibility of paying their employees onto the taxpayers.

Someone getting paid $15/hr will hopefully be able to get off government assistance, which will save taxpayers money. The burden of the pay should go where it belongs: to the businesses who hire them.

I sympathize with small businesses. This will hit them hard. But like I said, if they rely on sub-par wages to make their business survive, they don't really have a successful business in the first place.
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Old 07-23-2015, 05:25 PM
 
402 posts, read 369,175 times
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What makes people think that businesses that mostly employ minimum wage workers can afford a 50% increase in their personnel costs? I'm thinking of businesses like fast food, pizza, grocery stores, etc. I hate to break it to you but profit margins on food are pretty low.
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Old 07-23-2015, 05:26 PM
 
5,273 posts, read 14,540,188 times
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Quote:
Originally Posted by greywar View Post
I doubt it. Most houses for rent don't actually intend raising rents as the rent is already so high its hard to find people to rent it. Minimum wage folks are stuck in apartments-NOT houses. Those might go up too, but they will be limited to some degree by housing folks, and the folks above minimum wage. So you will be protected from too much of a rent raise by the fact that the upper end of incomes wont be going up, and that will provide a cost container.

BTW-Historically inflation hasn't spiked after minimum wage increases.
Yeah, I meant apartments and not houses. I should have made that more clear.

As to local inflation tied to min wage increases, I think this is true. But I wonder if we have ever seen such a sharp increase in pay for so many before.

Last edited by BLAZER PROPHET; 07-23-2015 at 05:36 PM..
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Old 07-23-2015, 05:29 PM
 
5,273 posts, read 14,540,188 times
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Quote:
Originally Posted by greywar View Post
The president tried for $10.10, and Republicans pretty much stomped the idea into paste. Now they're dealing with the push back.

$11/hr and tie it to inflation. Done. But no, instead there seems to be a need to build the outrage until the pushback puts it higher.
So cities and states who raise it to $15/hr is the fault of the republicans? The democrats raise it but the republicans are to blame? Please help me, how does that work again?
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Old 07-23-2015, 05:31 PM
 
402 posts, read 369,175 times
Reputation: 718
Quote:
Originally Posted by bpollen View Post
This will cost jobs. And it SHOULD. Any business that can't afford to pay American wages shouldn't be in busines, should it? It's not a viable business, if it survives only because it pays wages so low that people can't live on them.

There's another thing. Employees who get those wages get paid so little that they qualify for food stamp and other welfare programs. So, in effect, the businesses are shifting part of the responsibility of paying their employees onto the taxpayers.

Someone getting paid $15/hr will hopefully be able to get off government assistance, which will save taxpayers money. The burden of the pay should go where it belongs: to the businesses who hire them.

I sympathize with small businesses. This will hit them hard. But like I said, if they rely on sub-par wages to make their business survive, they don't really have a successful business in the first place.
Sounds good in theory, but imagine your neighborhood with 30-50% fewer options in the food service industry. Boarded up shops, all those employees now with NO job instead of a low paying one. How is that going to save us taxpayers on funding social services again?
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Old 07-23-2015, 05:42 PM
 
5,273 posts, read 14,540,188 times
Reputation: 5881
Quote:
Originally Posted by bpollen View Post
I think it's ultimately a good thing. $15 sounds high, but they're making it that high to make up for the many years of NO increase in those wages. Think of all the businesses who have been paying the SAME WAGE RATES for decades.

This will cost jobs. And it SHOULD. Any business that can't afford to pay American wages shouldn't be in busines, should it? It's not a viable business, if it survives only because it pays wages so low that people can't live on them.

There's another thing. Employees who get those wages get paid so little that they qualify for food stamp and other welfare programs. So, in effect, the businesses are shifting part of the responsibility of paying their employees onto the taxpayers.

Someone getting paid $15/hr will hopefully be able to get off government assistance, which will save taxpayers money. The burden of the pay should go where it belongs: to the businesses who hire them.

I sympathize with small businesses. This will hit them hard. But like I said, if they rely on sub-par wages to make their business survive, they don't really have a successful business in the first place.
Questions for you...

What is an "american wage"? Is the minimum wage one wherein a person can have a car, house, food, heathcare...? To be free of any need for assistance such as food stamps, child care...?

What is the purpose of a minimum wage? Should every single job from babysitting on up use this minimum wage?

Your post, aside from looking like a union first ad, did intrigue me and I was hoping you would expand your thoughts.
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