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1 - I think a jump to $15 would hurt alot. I don't know if that would be the actual number but it should increase to something...definiately at least $10. it should be gradual too over the course of a 5-7 years.
2 - What does one have to do with the other? Garbage men make more than teachers. If they are happy with their jobs, what they do and their salary now then it shouldn't matter what others are getting paid. If they do have more valuable skills then i'm sure they will move up to team lead, manager, etc or probably even interviewing elsewhere for advancement.
Regarding #2 - If you currently make $10 an hour and I'm your manager making $15 an hour, thats what they have to do with each other.
This was going to happen no matter what. Computers have taken over and the costs just keep going down. It may not have happened today but it would have years from now regardless of the minimum wage. Owners would see that people don't want human interaction and that it's quicker for them to place their order and pay as soon as they want and then that table can be turned over to the next patrons.
The shaded area is unemployment.
What's their hourly wage rate?
It's $0/hour.
Quote:
Originally Posted by yeahboy79
Increasing minimum wage isn't about making that job a career. It's about keeping up with inflation and maintaining the ability to live. Rent, groceries, gas, etc all increase year after year and you can't keep a salary that low for so many americans.
The purpose of Inflation is to conserve goods, services and resources to prevent them from being destroyed.
You're advocating the destruction of resources.
If you can't "maintain the ability to live" then you need to adjust your Life-Style so that you can live.
Quote:
Originally Posted by cremebrulee
I believe if you go back further, minimum wage was created so that people wouldn't take advantage of kids....not?
No
Quote:
Originally Posted by Ziggy100
Statistics are fun for confirmation bias.
Salt Lake City currently has its unemployment down to 2.8% with no minimum wage hike. So by that rationale Seattle's experiment is a failure. The doomsdayers were right. This experiment is now over.
Why is it so hard for people to understand that the people making $15/hr now will dramatically improve their bargaining power if the minimum wage is $15?
Instead these people dont want to increase their bargaining power and argue AGAINST it because they fear they will earn as little as minimum wage workers! Its mind boggling how propaganda works to make sure people fight against their own best interests. The donor class literally have to drag people, kicking and screaming, into better living standards.
Statistics are fun for confirmation bias.
Salt Lake City currently has its unemployment down to 2.8% with no minimum wage hike. So by that rationale Seattle's experiment is a failure. The doomsdayers were right. This experiment is now over.
2 - What does one have to do with the other? Garbage men make more than teachers. If they are happy with their jobs, what they do and their salary now then it shouldn't matter what others are getting paid. If they do have more valuable skills then i'm sure they will move up to team lead, manager, etc or probably even interviewing elsewhere for advancement.
Garbage men in my area are not unionized and work for private haulers. They are probably making in the $15 range which is not a terrible wage where I live. If you lift the minimum to $15 they are going to want a raise and if they don't get it why would they continue doing a nasty and dangerous job when they could just work at McDonald's ? When they all quit the garbage hauler has to increase the wage until he attracts employees.
When the minimum wage goes up wages across the board necessarily rise. If I'm making $15 now because I have experience or whatever reason I'm going to expect more than some pimply faced 16 year old kid. If not I have effectively taken a pay cut. When my wage goes up $25 an hour the guy making $25 an hour because he has more experience is going to want a raise.
I totally get the anticipated consequences of a $15 minimum wage, but it's not just about unskilled fast food workers in entry level jobs. I am retired and worked in 3 different jobs. Two in banking and one was my husbands company. Of course I got paid a lot by him, but in the two banking jobs, I never made more than $11.50, even with 15 years of experience and as the head teller.
My point is there are plenty of people toiling in semi professional settings who deserve to be paid at least $15. an hour. I only know banking, and banks have been nickel and diming their Customers to death for years, while paying their employees squat. I was in charge of millions of dollars, and I made $11.50.
Why is it so hard for people to understand that the people making $15/hr now will dramatically improve their bargaining power if the minimum wage is $15?
You are absolutely correct but at the end of the day that $7.50 value meal is now $15.
The value of your labor is what it is, the dollar amount is just a tool we have created to represent that value so we don't need to barter for products of services. If the value of your labor is one value meal that is what it is worth. Increasing the dollar amount does not magically make your labor worth two value meals.
The only thing that is going to change that is market forces such as shortage of people willing to do that job for 1 value meal per hour or you take the initiative and increase the value of your labor.
Or, as has been shown previously in this thread will close down a business when they can't raise prices enough to cover the higher costs.
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