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Old 04-08-2014, 08:58 AM
 
56,988 posts, read 35,185,642 times
Reputation: 18824

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Quote:
Originally Posted by MrClose View Post
Not an answer.

An answer would be that raising it to $9.50 would have an effect (like loss of jobs, higher costs on products) but the effect wouldn't be as damaging as $10-$100.00 an hour.:
I didn't give that answer because it's not true.

 
Old 04-08-2014, 09:02 AM
 
Location: Portland, Oregon
46,001 posts, read 35,167,905 times
Reputation: 7875
Quote:
Originally Posted by Frank DeForrest View Post
What does this mean "crack down on corporations"?
Good question, in simple terms taxing imported good more and using that extra tax dollars to help with social programs. We allowed corporations to ship jobs overseas for cheaper labor and left ourselves with lower wage jobs. That is not okay.
 
Old 04-08-2014, 09:02 AM
 
7,846 posts, read 6,403,010 times
Reputation: 4025
When will the right-wing realize that increasing the wages of the bottom (the consumers) will allow them to consume more?

Minimum wage also affects those just above the bottom, as someone making $8 / hour, or $9 / hour, or even $10.50 / hour has to get a raise as well.
 
Old 04-08-2014, 09:09 AM
 
7,214 posts, read 9,391,753 times
Reputation: 7803
Quote:
Originally Posted by ErikBEggs View Post
When will the right-wing realize that increasing the wages of the bottom (the consumers) will allow them to consume more?

Minimum wage also affects those just above the bottom, as someone making $8 / hour, or $9 / hour, or even $10.50 / hour has to get a raise as well.
That's what these people don't get. According to many statistics easily found via Google, roughly 25% of our nation's workforce earn $10.00/hr or less. That's quite a few people. Yet they somehow think giving these people more money for their labor is "socialism."
 
Old 04-08-2014, 09:13 AM
 
Location: Jacksonville, FL
11,143 posts, read 10,706,529 times
Reputation: 9799
Quote:
Originally Posted by ErikBEggs View Post
When will the right-wing realize that increasing the wages of the bottom (the consumers) will allow them to consume more?
The question is, for how long? Raising the minimum wage has never resulted in a long-term increase in the standard of living for minimum wage earners. As the market adjusts, they once again find themselves at the bottom of the economic ladder, struggling to make ends meet. Raising the minimum wage is not the answer. Encouraging minimum wage earners to improve their skill set is.

Quote:
Originally Posted by ErikBEggs View Post
Minimum wage also affects those just above the bottom, as someone making $8 / hour, or $9 / hour, or even $10.50 / hour has to get a raise as well.
If minimum wage is set at $9.50 per hour, then someone who is making $10.50 per hour is not required to get a raise. It would be nice, of course, but their getting a raise would depend upon the generosity of their employer - which, according to those who are calling for a raise in the minimum wage, is not to be depended upon.
 
Old 04-08-2014, 09:13 AM
 
Location: San Francisco born/raised - Las Vegas
2,821 posts, read 2,109,454 times
Reputation: 1905
I seriously doubt that anyone here has never wanted a raise in their wages at their current place of employment.
 
Old 04-08-2014, 09:14 AM
 
22,768 posts, read 30,724,200 times
Reputation: 14745
Quote:
Originally Posted by JimRom View Post
Because their costs will go up. Think about it.

The maintenance company that they contract will have to pay their workers more, therefore they will charge more. The cleaning company that they contract will have to pay their workers more, therefore they will charge more.
or reduce the amount of services they purchase. or negotiate better prices for those services.

Quote:
Raising the minimum wage has a ripple effect which most of the people who are calling for it to be raised don't realize. The money to pay those workers more has to come from somewhere, and no matter how angry and/or jealous people are about the CEOs of corporations making the money that they do, it isn't coming out of the CEO paychecks or bonuses.
Oh, it certainly can come out of CEO paychecks.

It can also come out of dividend checks that would've been sent to investors. It can come from the money that they use to buy back shares of stock.

It can also come out of profit.

Funny how when CEO compensation is rising, and cutting into profits, that's perfectly OK with y'all. But when bottom-rung compensation is rising, and cutting into profits, you act like the economy will crash. It is almost as if you hold wealthy and high income people to a totally different standard than others.

Quote:
Every company that employs minimum wage workers will have to raise their prices in order to cover the additional cost of those workers. This means that everything from groceries to fast food is going to go up in price
Not necessarily.

Price is determined by a complex set of factors related to supply and demand. It isn't pegged to labor costs, although business owners who want to make more money will certainly make that claim... so they can keep more money in their own pockets.

Quote:
Historically, raising the minimum wage has never resulted in minimum wage workers being well-off, or even middle class.
nobody said it would.


Quote:
As the old proverb says; give a man a fish and you feed him for a day, teach a man to fish and you feed him for a lifetime. Similarly, handing minimum wage workers a pay raise which will quickly be diminished as the market corrects itself (which it always does) will give them a small boost in their standard of living over a short period of time. Once the market corrects itself, they will have to readjust to being on the bottom of the wage totem pole once again.
Minimum wage workers will always be on the bottom of the wage totem pole.

Hence the term MINIMUM wage.
 
Old 04-08-2014, 09:14 AM
 
8,391 posts, read 6,294,965 times
Reputation: 2314
People don't get what racism is and what it isn't.

Racism is taking away a group of people's religion, names, and customs forcing them into bondage and then giving them a whole new identity based on this idea of race which endows their race with characteristics that are universally negative.

Racism is burning down whole towns, Jim Crow, lynchings, segregation, denying people schooling, the right to vote, jobs, and housing and medical, experimenting on them, its stop and frisk, etc and so on.

Racism is living in a nation which has done all of those things to black people then wondering why black people are worse off than white people and saying well the problem is black people are still messed up.


Racism is not Jay Z wearing a medallion that may or may not mean anything to him dealing with the 5percenters an extremely small group of people who have no power.
 
Old 04-08-2014, 09:17 AM
 
16,545 posts, read 13,449,063 times
Reputation: 4243
Quote:
Originally Posted by Iamme73 View Post
People don't get what racism is and what it isn't.

Racism is taking away a group of people's religion, names, and customs forcing them into bondage and then giving them a whole new identity based on this idea of race which endows their race with characteristics that are universally negative.

Racism is burning down whole towns, Jim Crow, lynchings, segregation, denying people schooling, the right to vote, jobs, and housing and medical, experimenting on them, its stop and frisk, etc and so on.

Racism is living in a nation which has done all of those things to black people then wondering why black people are worse off than white people and saying well the problem is black people are still messed up.


Racism is not Jay Z wearing a medallion that may or may not mean anything to him dealing with the 5percenters an extremely small group of people who have no power.
You have no clue what you are even talking about. It's nice to see the resident blacks support this, we all knew you did.
 
Old 04-08-2014, 09:19 AM
 
Location: Jacksonville, FL
11,143 posts, read 10,706,529 times
Reputation: 9799
Quote:
Originally Posted by MaseMan View Post
That's what these people don't get. According to many statistics easily found via Google, roughly 25% of our nation's workforce earn $10.00/hr or less. That's quite a few people. Yet they somehow think giving these people more money for their labor is "socialism."
Sigh. When the facts don't fit the argument, move the goal post, eh? The question is about the minimum wage, not about people making $10 per hour, whose wages may or may not go up when Minnesota raises the minimum wage to $9.50 per hour.

According to the BLS, less than 5% of U.S. workers make minimum wage or less. Half of them are 25 or younger, which means that the entire argument about minimum wage is really an argument to raise the cost of living for everyone in order to "help" the 2.5% of the work force who may or may not be trying to raise a family on minimum wage.
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