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Never said they were.
The data was to show that no amount of increased wages will counteract the inflation inherent in the system.
If minimum wage went from $7.25 to $60/hour, the cost to hire that labor would jump even higher, because of the government imposed bureaucracy, overhead, taxes, and fees.
Which would decrease the buying power of the wages even more.
In short, the solution is not higher minimum wages, but lower government impositions on hiring labor.
Reducing the Federal budget by 93% would be a good start.
Correct!
There is no need to raise any taxes. Drastic cuts in spending are needed.
This isn't about the federal budget, but about a federal minimum wage which guarantees every worker a minimum standard of living. We can't sit here and complain about the poor being on food stamps while not guaranteeing a living income for working. That's asinine.
Most of the poor don't work a full time job.
Raising the min wage impacts very very few people. Only 2.2% of all hourly workers make the minimum wage and even that is a very high estimate since many of them also get tips.
Washington State and the City of San Francisco have raised the minimum wage up to nearly $10 an hour. What impact has this had on the amount of working poor? Would raising the minimum wage up to $12 eliminate many of the working poor? Would it save the government money because less people would be eligible for food stamps and earned income tax credits?
It would work as a temporary solution in some parts because the COL keeps rising and would probably soon surpass $12/hour as a living wage. Also in areas that already have sky-high COL, $12/hour is peanuts.
Washington State and the City of San Francisco have raised the minimum wage up to nearly $10 an hour. What impact has this had on the amount of working poor? Would raising the minimum wage up to $12 eliminate many of the working poor? Would it save the government money because less people would be eligible for food stamps and earned income tax credits?
You have to be joking. The "working poor" are just that because they do not know how to manage the money they have. The working poor might use food stamps, housing assistance, etc., but every family member will have a cell phone (and in most cases iPhones); they also have big screen televisions, computers and stereos.
If you give these people a raise, they will certainly pump more money into the economy by purchasing things like Wiis, etc., but they are not going to be able to get off public assistance because all their money will still be pissed away by the end of the month and they won't have any left for food, utilities, etc. That part will never change.
Instead of increasing minimum wage, they need to pay these people "credits" which can be redeemed for education or training, and other "necessities" such as food, rent, utilities. Because unless you do it that way, they aren't going to improve the quality of their life.
Not all of them, of course. That would be too "generalized" a statement but certainly, many of them.
Location: Moose Jaw, in between the Moose's butt and nose.
5,152 posts, read 8,529,163 times
Reputation: 2038
Quote:
Originally Posted by Xanathos
Really? You think a senior development engineer at a software company or a CTO is only worth 3 times what a janitor is? Ahhh yes, I know what this is: The old "everybody should have the same quality of life, because this would result in an increase in the quality of life for me at the expense of you" argument.
That's the way things were before Raygun took office and you don't have the cost of living issues, before that, like you do today...
Perhaps it's because they can't find work that'll pay what they need to survive off social welfare? Maybe if we had a minimum wage of some kind to ensure even the least skilled of employees can make a living.
Quote:
Raising the min wage impacts very very few people.
5 million is hardly "very few." 60% of them are adults. And that's not counting the number of people who will be leaving unemployment, or reducing their social welfare, because they can now find jobs which provide a means to live. That's just people making minimum wage. How many more are effected in the difference between current minimum, and say the $10 or $12 standard offered?
Quote:
Only 2.2% of all hourly workers make the minimum wage and even that is a very high estimate since many of them also get tips.
Bull****. You're referring to food-service employees, who make under the minimum wage. $2.35 + tips is hardly sufficient.
Location: Georgia, on the Florida line, right above Tallahassee
10,471 posts, read 15,835,178 times
Reputation: 6438
Quote:
Originally Posted by Workaholic?
Washington State and the City of San Francisco have raised the minimum wage up to nearly $10 an hour. What impact has this had on the amount of working poor? Would raising the minimum wage up to $12 eliminate many of the working poor? Would it save the government money because less people would be eligible for food stamps and earned income tax credits?
There are 312,914,702 people in the USa. U.S. & World Population Clocks
Let's just give them all a million bucks. Problem solved. Except a loaf of bread would cost $1000 bucks.
It always amuses me to see how often people think there is a silver bullet to any problem, especially social problems that have been around for thousands of years. It is especially amusing how often Americans think money is the root of every problem's solution.
Actually, as long as we have the fundamental view that the poor are poor because they don't make enough money, the poor will always be with us. In truth, until we start rearing our young in the fundamentals of the social aspects of generating wealth, the poor will always be with us. Until we start viewing all people as equally capable of generating wealth -- ditto.
It is our integrated belief system that there are people unfit, and that generating wealth is somehow wrong that maintains the level of poor in our society.
^^^This.
If 12/hr is great - why not make it 25/hr??? Wouldn't that eliminate the problem?
And don't worry about where businesses will get the extra revenue to provide these salaries - one-sided accounting and fiat currency rules!!
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