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I don't support the idea of raising the minimum wage, because you know that our wages won't go up were minimum wage to increase. However, this is an interesting take. I mean, welfare more than likely is not going away, so if it means that by doing what you suggested could relieve taxpayers from supplementing workers with income and entitlements, then perhaps it could work. But as you said, only if they didn't raise the income leve to get those entitlements.
The various programs all have different income level requirements though.
I used to think it was all pegged off of poverty level but was surprised to find out that is not the case.
You see percentages over 100% of FPL.
In reality that means poverty is worse than what is being presented to us.
Federal Poverty guidelines range from 100% to 400%.
A substantial portion of returning WW2 veterans became employed in factories during the peak of labor unions. Bargaining for wages and benefits lifted them into the lower rungs of middle-class. This remained effective for that brief period of time of low technology and when U.S. businesses did not have to compete with global producers. Despite this prosperity, about 20-25% of the U.S. population lived in poverty.
I always wondered if they wanted double their hourly wage... are they going to pay part of the business expenses as well? Everyone deserves a living wage, not every job can offer one..
Do they have a cable bill? A cell phone bill? An X-Box account? Did they make a stupid decision and buy a car they cannot afford and have payments to make every month?
Do they share living accommodations? Why not? What is wrong with sharing an apartment or a house with another person and/or family?
This is one of the easiest ways to save money and build wealth.
You are really an *******. Everyone deserves a living wage, dickweed.
LOL In that case lets give counter clerks salary in 10 figures... but I won't know what a happy meal will cost then........
Of course i don't need to know since the last time i was in a Micky D's or any other poison palace like one was before 1990, when I got sick of hangovers from eating a would be cheeseburger.
When the bottom wage goes up everything else goes up.
If you pay 1000 a month for rent it will sky rocket and 15 bucks an hour won't cut it then either. A 10 ounce bag of chips used to be 14 oz and then it cost $0.78 cents. Now with the NEW and Improved chips at 10 oz it cost nearly $3.00
Used to be you could buy a new air cooled VW Bug for about 4 grand...... What new car can you buy today for that? You can't even get a lawn tractor for that now.
Any increase in wages is just making the dollar worth less, and the dollar is almost worthless as it is now.
Too lazy to do the math but a few months ago i did, and found a silver dime was worth $2.07 each. So gasoline right now is a great deal if you could use silver.
For less than 20 cents you could buy a gallon of gas and get change back. The lowest i ever bought gas for was around 27 cents.
You younger people that never once held a dollar in your hands don't know squat. All you know is credit.
I always wondered if they wanted double their hourly wage... are they going to pay part of the business expenses as well? Everyone deserves a living wage, not every job can offer one..
If they doubled the hourly wage then Walmart would be reporting losses each quarter.
Double the wage and you also double the employer paid taxes.
They are cutting hours now at the current min wage. What do you think would happen if they double the min wage ?
Profits these days in the US are happening due to cuts in expenses, not increase revenue.
Raise the minimum wage, and employers will have to raise wages of many, perhaps most, hourly wages for employees working above minimum wage. This is forgotten by most who try to minimize the economic cost of raising the minimum wage.
If a burger flipper or grocery store stocker gets a raise to $10/hr, the person currently doing a "better" job earning $10 will have to be paid more. Or else that will be de-motivated. That person may have more skill, have worked longer, or more training to earn $11/hr now. When the entry level trainee earns as much as the more skilled worker the employer has no choice but to raise the wages of many more.
The ripple probably wouldn't go to salaried workers - unless some hourly people end up with wages at or above the low end salaried people.
If that wage had kept pace with inflation, it would be $9.33, today.
I worked for the minimum at age 14 when the rate was 64 cents per hour.
I did roofing on real 40 foot wooden ladders too at 16 for about 5 bucks an hour which beat the hell out of the minimum. Hated those ladders for the bounce in the middle when you carried a whole bundle of shingles up.
I think it's a riot these kids thing flipping burgers is work...
Back in my day if a kid got a car it was a 200 dollar car and that kid needed to spend time getting dirty and spend money for just parts.
Kids these days don't need a car and beside their driving sucks. They can just barely manage automatic shift
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