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Old 01-22-2012, 07:26 AM
 
511 posts, read 2,381,975 times
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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?
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Old 01-22-2012, 07:30 AM
 
Location: Stuck in NE GA right now
4,585 posts, read 11,999,887 times
Reputation: 6670
It depends on the COL. And again, there are still 5 people for every one job.
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Old 01-22-2012, 07:42 AM
 
Location: Tennessee
37,132 posts, read 38,783,722 times
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Raise the minimum wage to $12 and poof, even less jobs. To force job creators to pay that wage means they will have to let some people go. And the people they will let go, will be from the same two groups suffering the most from current unemployment numbers: Adults without a high school diploma and young people age 16 - 19 years old.

From the Bureau of Labor Statistics - Unemployment Rates Based on Educational Attainment - Age 25 and Older :

Less than a high school diploma: 13.8 percent
High School diploma: 8.7 percent
Some College or Associates degree: 7.7 percent
Bachelor's degree and higher: 4.1 percent

By Race, Sex and Age:

Both white sexes, 16 - 19 years old: 20.3 percent
Both black sexes, 16 - 19 years old: 42.1 percent
Both hispanic/latino sexes, 16 - 19 years old: 26.3 percent
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Old 01-22-2012, 07:46 AM
 
Location: In the Redwoods
30,041 posts, read 49,987,398 times
Reputation: 22743
Quote:
Originally Posted by ReturningWest View Post
It depends on the COL. And again, there are still 5 people for every one job.
Yeah, that.

Do you guys have any idea how much it costs to live in San Francisco? I lived there for 4 years making nearly triple of the minimum wage - living in a reasonably-priced house in an iffy neighborhood with 2 roommates, and fairly low monthly expenses. And I was barely scraping by every month! The recent increase is a move in the right direction, but $10/hr is still basically poverty around here.
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Old 01-22-2012, 07:49 AM
 
Location: Earth
24,630 posts, read 27,358,713 times
Reputation: 11394
The OP seems to want people to die.
This is the second thread he's started today wanting to abolish food stamps and help for the poor.
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Old 01-22-2012, 07:51 AM
 
Location: In the Redwoods
30,041 posts, read 49,987,398 times
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Quote:
Originally Posted by chielgirl View Post
The OP seems to want people to die.
This is the second thread he's started today wanting to abolish food stamps and help for the poor.
I guess he thinks everyone should be a workaholic! LOL
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Old 01-22-2012, 07:52 AM
 
Location: Central Maine
4,697 posts, read 6,166,023 times
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Quote:
Originally Posted by Workaholic? View Post
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?
Raising the minimum wage to almost $10 an hour means that a person earning minimum wage in Washington State and San Francisco will have the same purchasing power as a person on minimum wage in 1968. We went for a decade (1997 - 2007) without any increase in the minimum wage, yet when the minimum wage had its greatest purchasing power (1968) we had low unemployment and fewer people (as a percentage of the population) on food stamps and among the working poor.

Quote:
Let Justice Roll, a national faith, community, labor and business coalition, which I advise, is calling for a minimum wage of $10 in 2010.

$10 in 2010 will bring the minimum wage closer to the value it had in 1968, a year when the unemployment rate was a low 3.6 percent.
McClatchy-Tribune News Op-Ed: Holly Sklar, Minimum wage raise too little, too late | Business For a Fair Minimum Wage
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Old 01-22-2012, 10:46 AM
 
Location: San Diego, CA
10,581 posts, read 9,405,383 times
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Raise the minimum wage to $12 an hour and poof no more working poor!


That's right. You get unemployed poor instead.

GREAT plan.
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Old 01-22-2012, 10:48 AM
 
Location: Maryland
18,633 posts, read 18,664,933 times
Reputation: 6459
You'd just get wage inflation and they'd be right back to where they were in a year so.
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Old 01-22-2012, 10:49 AM
 
47,531 posts, read 67,116,427 times
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They keep raising minimum wage --- yet the food stamp program just grows and grows.

They would simply widen eligibility rules so that workers making $14 an hour would get food stamps. Too many people now think food stamps are some right, too many people believe in cradle to grave socialism and have lost any kind of work ethic.
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