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Old 04-05-2020, 06:46 AM
 
78,417 posts, read 60,613,724 times
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Quote:
Originally Posted by skeddy View Post
they should lower the minimum through the end of the year down to $10. People need jobs.
You could make it any amount you like and it's not going to re-open restaurants, movie theatres, sporting events, concerts, fill hotels and so on and so forth.

We'd be nearly over this now if people had taken it seriously from the beginning instead of heading off to spring break etc.
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Old 04-05-2020, 06:55 AM
 
Location: Metro Detroit, Michigan
29,825 posts, read 24,908,096 times
Reputation: 28520
Quote:
Originally Posted by Mathguy View Post
You could make it any amount you like and it's not going to re-open restaurants, movie theatres, sporting events, concerts, fill hotels and so on and so forth.

We'd be nearly over this now if people had taken it seriously from the beginning instead of heading off to spring break etc.
And we would have never had to deal with this if China had prevented thousands of infected citizens from traveling the globe over their new year. It would have also been nice if they didn't kick our journalists out, refuse help from the scientific community, lie and cover up the existence of the virus. Of course, if Europe had banned travel from China when we did, Italy and Spain would be in much better shape today. Oh ya, and that "hug a Chinese" crap to prove how not racist they are was pretty damn stupid too. I'd rather be considered a racist and alive vs sick or dead... Hindsight is always 20/20.

Quote:
Originally Posted by Quick Enough View Post
NEITHER are her OPINIONS!
It doesn't give anyone an excuse to encourage suicide.
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Old 04-05-2020, 07:32 AM
 
1,485 posts, read 954,617 times
Reputation: 2498
Quote:
Originally Posted by godofthunder9010 View Post
the thing that should have been done all along: Tie it to inflation and forget about it forever.
.
Yep keep minimum wage so low and prices so high that people still have to struggle. After all the elite need to maintain a slave class don't they?

The situation would still be the same, it's only the numbers that change.

"Tie it to inflation and forget about it" so the elite aren't bothered by helping the lowly slave class anymore. They want to keep their slaves believing that if they do a good job for their corporate masters they'll be granted a whole 6 cent raise for the next 5 years.
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Old 04-05-2020, 07:37 AM
 
19,387 posts, read 6,503,704 times
Reputation: 12310
Let’s be realistic. A good portion of small businesses will not re-open after this nightmare is over, and of those that do, struggling along to rebuild their business and provide jobs to others, you will require they double their compensation expenses? All that means is that people who would have been hired, won’t be.

-signed, former businessowner who took 18 months before she could build up to hiring her first employee
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Old 04-05-2020, 09:55 AM
 
4,022 posts, read 1,877,686 times
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This thread is all over the place, so I'll just throw my question out there. Don't flame me - I'm just asking the question, not (intentionally) being an instigator.

In 1970 - min wage was $1.60 / hr. That was the "good old days" of minimum wage. One year’s wages could buy an average new car, while 7 years could buy an average new house.
In 1980 -3.10 - A year's pay was "half" a new car, and 10 years pay was a house.
In 1990 - 3.80 - A year’s pay was a bit less than "half" a car, and 12 years for house…
In 2000 - 5.15 - That's half a car in a year, and 11 years for a house...
In 2010 - 7.25 - That's still half a car, and still 11 years for a house...
And now
2020 - Minimum wage hasn't moved - but still - a new ford fiesta is $15K a year. So at $15/hr you can buy TWO of those. Minimum wage was never - ever - that good.
Looking at it that way - all that has changed in 50 years is your expectations. I am trying to figure out why the sudden emphasis on the change. It has not been possible – since at least 1970 – to make a go of things on minimum wage.
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Old 04-05-2020, 10:07 AM
 
Location: Florida
10,457 posts, read 4,040,143 times
Reputation: 8481
Quote:
Originally Posted by andywire View Post
Is $15/ min wage really going to be possible across the nation with upwards of 25% of the population out of work? Won't those out of work people have to be able to afford the stuff those $15/hr workers are offering? If we have deflation, which is sometimes an outcome of prolonged periods of high unemployment, recessions/depressions, $15/hr minimum wage makes even less sense. People that complain about tariffs because of the unnecessary expenses created should be particularly appalled.
Raising the minimum wage will just make things worse. What will happen is that businesses will just raise the prices of their goods and services to make up for that $15/hr spike, and in the end the people on minimum wage will be right back to where they started situation wise.
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Old 04-05-2020, 10:20 AM
 
Location: Colorado Springs
4,944 posts, read 2,941,035 times
Reputation: 3805
UBI directly addresses wealth inequality far more effectively than the minimum wage does.
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Old 04-05-2020, 10:46 AM
 
Location: Ohio
24,621 posts, read 19,170,143 times
Reputation: 21738
Quote:
Originally Posted by Freak80 View Post
$15/hour today = $7.50/hour in the year 2000, adjusting for inflation.
Only a disingenuous person would "adjust for inflation."

Not only would such a person be disingenuous, they would be a hater.

Such a person would have an extreme hatred for the environment to the extent that they have a callous disregard for natural resources, insisting that they be depleted or destroyed as rapidly as possible.
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Old 04-05-2020, 11:10 AM
 
Location: new yawk zoo
8,695 posts, read 11,084,011 times
Reputation: 6380
We should just abolish minimum wage. It’s only slave labor if ones is forced to work
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Old 04-05-2020, 12:41 PM
 
78,417 posts, read 60,613,724 times
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Quote:
Originally Posted by BornintheSprings View Post
UBI directly addresses wealth inequality far more effectively than the minimum wage does.
Except for the whole not working part.
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