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Let's see here, a person stocking shelves who works 40 hours a week at $15 per hour will make $30,000 annually.
Now, if you owned a business, and you could buy a robot who could work 160 hours a week and cost $50,000, do you think you might want to consider switching over?
Ready for prime time? Not yet, but give it a few more years and add a station that automatically swaps out battery packs....
And you wonder why jobs aren't available like they used to be....automation...and people not willing to pay their employees. You don't have to pay for a robot's insurance, sick pay, vacation. And then you wonder why so many are on welfare
Minimum wage peaked in the late 60s and has slowly declined ever since.
Wages have kept up with inflation? Have you been in a coma the last 35 years?
No coma here, but apparently everyone who pushes a higher minimum wage as a method for lifting people out of poverty has ignored history for 77 years. Not one time has it actually worked.
Adjusted for inflation, minimum wage today is nearly double what it was in 1938... wages have more than kept up with inflation.
Quote:
Originally Posted by RaymondChandlerLives
Minimum wage peaked in the late 60s and has slowly declined ever since.
Wages have kept up with inflation? Have you been in a coma the last 35 years?
Pick as a starting point the highest or lowest minimum wage in history and you're both effectively lying with statistics.
Here's an actual graph from the DOL: About Minimum Wage - U.S. Department of Labor. You can see that while jerking around with changes the amount has been stable for the past 35 years, was higher in the 60s and seventies, about the same in the 50s, and lower before that.
But whatever, actually looking at the data holistically doesn't fit either side's agenda so barely anyone does it.
Pick as a starting point the highest or lowest minimum wage in history and you're both effectively lying with statistics.
Here's an actual graph from the DOL: About Minimum Wage - U.S. Department of Labor. You can see that while jerking around with changes the amount has been stable for the past 35 years, was higher in the 60s and seventies, about the same in the 50s, and lower before that.
But whatever, actually looking at the data holistically doesn't fit either side's agenda so barely anyone does it.
What's the point of comparing our minimum wage today to the late 30s, when we were still in a depression, and corruption was rampant? Yay, we're doing better today than the crappiest era in our modern history?
What's the point of comparing our minimum wage today to the late 30s, when we were still in a depression, and corruption was rampant? Yay, we're doing better today than the crappiest era in our modern history?
The point would be that rather than cherry picking the highest point on the timeline, you compare instead with the original amount which minimum wage was set at. In today's currency, the original minimum wage would be just over $4 per hour. So, tell us again how minimum wage was supposed to be a living wage.
What's the point of comparing our minimum wage today to the late 30s, when we were still in a depression, and corruption was rampant? Yay, we're doing better today than the crappiest era in our modern history?
You have a point, but instead of throwing stones from your glass house on this should recognize that you're doing precisely the same thing in the opposite direction, and stop. Then criticize away at the other guy for doing what you're doing once you aren't anymore.
Minimum wage has been higher in the past. It's been lower in the past. It's been about the same in the past / for the last generation. Make an argument on the present day merits, not based on trying to argue that your torturing of the statistics is more valid or the other guys' is less. Neither are.
The point would be that rather than cherry picking the highest point on the timeline, you compare instead with the original amount which minimum wage was set at. In today's currency, the original minimum wage would be just over $4 per hour. So, tell us again how minimum wage was supposed to be a living wage.
You pick the highest point because that is the point it stopped growing and became stagnant. Though as long as cities and states make the minimum wage higher than the current federal minimum wage, who cares if some red states want to screw over their own residents.
You pick the highest point because that is the point it stopped growing and became stagnant. Though as long as cities and states make the minimum wage higher than the current federal minimum wage, who cares if some red states want to screw over their own residents.
Minimum wage should be set on a local level to begin with.
American has a much larger number of "moochers" than Western Europe, Canada, or Australia despite those countries having great "free" benefits like health care. There are huge sections of rural America where 30% to 70% lives off of welfare rather than working at all. Half the total income of Eastern KY and most of WV is SS / welfare / food stamps. A lot of this is because there is no incentive to work a terrible paying job with no health insurance when you can get on disability and make the equivalent of $10 an hour with great health care.
WV has the second highest rate of people over 65. They would be on S.S. Social Security they paid into their entire lives. Why would you label them as moochers?
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