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Why $24/hr? Because $24/hr is where min. wage would be if it kept in line with inflation over the years. Did you read the article you linked? You know propaganda has worked when you live in a society where three individual people control more wealth than 50% of the population, and a large number of low wage workers *still* argue against things like increased minimum wage and improved health care.
And in another year, it would be up to $54/hr. In five it would be at $148/hr. Every time you raise the wage for unskilled just-out-of-high-school labor, the COL goes up proportionally. Everyone ends up suffering. All because you don't want a high school kid to have a part-time job while in college. Nobody is going to pay you twenty-four dollars an hour for cleaning toilets. The toilets will go uncleaned or they will just be closed and you'll have to wee-wee in a cup behind the camping gear display.
Wouldn't raising the minimum wage be equivalent with printing more money? Seems like trying to tackle something as big as economic disparity with a temporary band aid.
Wouldn't it be the same as inflation, like that of post world war 1 Germany?
And in another year, it would be up to $54/hr. In five it would be at $148/hr. Every time you raise the wage for unskilled just-out-of-high-school labor, the COL goes up proportionally. Everyone ends up suffering. All because you don't want a high school kid to have a part-time job while in college. Nobody is going to pay you twenty-four dollars an hour for cleaning toilets. The toilets will go uncleaned or they will just be closed and you'll have to wee-wee in a cup behind the camping gear display.
Yes, minimum wage should be pegged to either inflation, productivity, or some combination of the two. That's how you KEEP people from suffering as they are today.
If you disagree, please tell me your plan to prevent the wage gap between the wealthiest and lowest income earners from growing.
Out of curiosity, where you people get your inflation numbers from? Because, you see, nobody can rely on govt numbers, as they are artificially low. And the reason they are artificially low is because govt has to adjust SS payments to inflation, but if they do honest adjustment, US would have been broke long time ago.
My numbers are quite simple:
Loaf of bread in Walmart: $0.33 in 1998, $1.70 today (very same brand) - 5.15 times increase
87 gasoline: $0.69 in 1998, $2.43 today - 3.52 times increase
Public college tuition (semester): $1,271 in 1998, $5,160 today - 4.05 times increase
Minimum wage: $5.15 in 1998, should be what today, according to the above numbers? Somewhere between $18 and $26.5? Ouch...
Yes, minimum wage should be pegged to either inflation, productivity, or some combination of the two. That's how you KEEP people from suffering as they are today.
If you disagree, please tell me your plan to prevent the wage gap between the wealthiest and lowest income earners from growing.
And their are many many inexpensive ways to do that including gaining skills, training and experience at a job, government programs, tuition reimbursement etc. Yet the Leftists just want to give stuff to people that don't EARN IT.
Yes, minimum wage should be pegged to either inflation, productivity, or some combination of the two. That's how you KEEP people from suffering as they are today.
If you disagree, please tell me your plan to prevent the wage gap between the wealthiest and lowest income earners from growing.
I have no plan other than paying a reasonable wage for a given job. Cleaning toilets or picking cherries is not worth the wage that an engineer made just a few years ago. Would you also like to pay $100 for a gallon of milk? Why not? That dairy farmer needs a living wage--the same wage that a PhD astrophysicist makes.
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