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Old 12-19-2013, 10:35 AM
 
32,452 posts, read 26,308,370 times
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Quote:
Originally Posted by urbanlife78 View Post
All raising the minimum wage does is try to play catch up with inflation. Inflation doesn't care what we pay people and lowering the minimum wage wouldn't make inflation go down, it would just make it harder for people to make a living and keep their head above water.
it doesnt make things easier either. in fact all it does is increase the inflation rate and it puts everyone back to where they were before the increase.
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Old 12-19-2013, 10:53 AM
 
Location: Central Texas
13,720 posts, read 25,528,496 times
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Quote:
Originally Posted by urbanlife78 View Post
That would be between them and their employers. I remember one of my first jobs, I was making a little bit above $4.75 when it was raised up to $5.25, I didn't get a raise, I continued to make the same amount as I did before because my pay was a little bit above the minimum wage.

Setting a higher minimum wages doesn't mean everyone else gets a wage boost unless their employer does a cost of living raise, then in that case they may see a raise from it.
Are you thinking this through? What happens to the person with software skills making $14/hr if the minimum wage becomes $15? The office clerk making $10 who makes copies and does filing suddenly makes the same as the person who can do Microsoft Office. The company MUST give the more skilled person a meaningful raise or the person will quit.
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Old 12-19-2013, 12:06 PM
 
Location: Portland, Oregon
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Quote:
Originally Posted by rbohm View Post
it doesnt make things easier either. in fact all it does is increase the inflation rate and it puts everyone back to where they were before the increase.
That is incorrect, inflation happens regardless if we raise the minimum wage or not. You can lower it and the inflation isn't going to go down. Also, minimum wage is actually falling well behind inflation so it would have to be raised quite a bit to even keep up with it.
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Old 12-19-2013, 12:07 PM
 
Location: Portland, Oregon
46,053 posts, read 29,509,053 times
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Quote:
Originally Posted by hoffdano View Post
Are you thinking this through? What happens to the person with software skills making $14/hr if the minimum wage becomes $15? The office clerk making $10 who makes copies and does filing suddenly makes the same as the person who can do Microsoft Office. The company MUST give the more skilled person a meaningful raise or the person will quit.
Well if they were making $14 and hour or the desk clerk that was making $10 an hour just got themselves a nice raise. You are trying to attach a social value to minimum wage rather than an economic value.
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Old 12-19-2013, 12:18 PM
 
Location: 15 months till retirement and I can leave the hell hole of New Yakistan
25,305 posts, read 14,034,647 times
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Quote:
Originally Posted by urbanlife78 View Post
Well if they were making $14 and hour or the desk clerk that was making $10 an hour just got themselves a nice raise. You are trying to attach a social value to minimum wage rather than an economic value.
1. minimum wage is for UNSKILLED workers
2. there should NOT be a federal min wage...it should be set locally, based on the cost of living to that local area
3. raising the min wage causes loss of jobs
4. it will hurt the middleclass



what happens to the SKILLED mechanics who have a college degree in automotive technology and 5+ years experience making $15??? do they just get crapped on for the .5% that are making min wage???
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Old 12-19-2013, 12:35 PM
 
Location: Old Bellevue, WA
18,794 posts, read 14,266,872 times
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If you're interested in the $15 minimum wage, keep your eye on Seattle. IMO there is at least a 50/50 chance that they will enact it. Seattle just elected a city council woman who is a self-described Marxist, and the $15 mw is a high priority of hers. My guess is that if it is enacted by the city council it will be watered down, with exceptions for small companies, and other loopholes aplenty.

But if not, and it is put on the ballot by the Marxist city council woman, who seems to be a true believer (in a way I respect that), it will be the real deal, and a good case study of the effects of a $15 mw.
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Old 12-19-2013, 12:39 PM
 
Location: Texas
14,969 posts, read 14,210,453 times
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Quote:
Originally Posted by wutitiz View Post
If you're interested in the $15 minimum wage, keep your eye on Seattle. IMO there is at least a 50/50 chance that they will enact it. Seattle just elected a city council woman who is a self-described Marxist, and the $15 mw is a high priority of hers. My guess is that if it is enacted by the city council it will be watered down, with exceptions for small companies, and other loopholes aplenty.

But if not, and it is put on the ballot by the Marxist city council woman, who seems to be a true believer (in a way I respect that), it will be the real deal, and a good case study of the effects of a $15 mw.
It won't be that great of a case study. COL in Seattle is higher than in the vast majority of the country, including even its suburbs. People will be able to commute both into and out of the city.

The exception for small companies is something I've seen liberals argue before as a sort of compromise offer. That would hurt small businesses as they would end up with lower quality employees. Kind of ironic that liberals who say they support local small businesses would be for that, but so is a lot of what they support.
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Old 12-19-2013, 01:06 PM
 
32,452 posts, read 26,308,370 times
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Quote:
Originally Posted by urbanlife78 View Post
That is incorrect, inflation happens regardless if we raise the minimum wage or not. You can lower it and the inflation isn't going to go down. Also, minimum wage is actually falling well behind inflation so it would have to be raised quite a bit to even keep up with it.
its one thing for a COLA increase in minimum wage from time to time, but we are not talking about a COLA increase, we are talking about doubling the minimum wage at this point. that means a big jump in the inflation rate, and again that means a big increase in union wages, and other wages tied to the minimum wage, which means much higher costs on products, which means higher prices, which means that those making the minimum wage are going to be right back where they were before the increase in wages. they are going to be paying higher prices for everything across the board. that said if you really want to increase the minimum wage, then push for something more like $9 per hour. that is an increase that can be absorbed by the economy without too much ill effect, which while still increasing inflation, it will not be a big jump in the inflation rate.
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Old 12-19-2013, 01:09 PM
 
Location: Portland, Oregon
46,053 posts, read 29,509,053 times
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Quote:
Originally Posted by workingclasshero View Post
1. minimum wage is for UNSKILLED workers
2. there should NOT be a federal min wage...it should be set locally, based on the cost of living to that local area
3. raising the min wage causes loss of jobs
4. it will hurt the middleclass



what happens to the SKILLED mechanics who have a college degree in automotive technology and 5+ years experience making $15??? do they just get crapped on for the .5% that are making min wage???
Actually there is not definition what minimum wage is for, that is just your assumption. The other two points are just false assumptions as well.

A skilled mechanic with a college degree in automotive technology and 5+ years experience getting paid $15 and hour is being screwed, they should be making at least $25 an hour.
Automotive Mechanic Salary | Salary.com
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Old 12-19-2013, 01:22 PM
 
32,452 posts, read 26,308,370 times
Reputation: 19061
Quote:
Originally Posted by urbanlife78 View Post
Actually there is not definition what minimum wage is for, that is just your assumption. The other two points are just false assumptions as well.

A skilled mechanic with a college degree in automotive technology and 5+ years experience getting paid $15 and hour is being screwed, they should be making at least $25 an hour.
Automotive Mechanic Salary | Salary.com
there is an obvious fallacy in your argument with regards to mechanics. salary.com looks like they started with government definitions of various levels of what they pay mechanics, which is a standard hourly rate. however in the private sector mechanics get paid based on flat rate. that means they get paid by the job. as an example, a valve job on a 76 thunderbird is supposed to take, according to the flat rate manual, 8 hours. if the mechanic does the job in 7 hours, he has beaten the flat rate book, but he gets paid for 8 hours work. if on the other hand he takes 9 hours, he loses money because he still gets paid for 8 hours.
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