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Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by tolovefromANFIELD
No they don't, they just don't have the talents, ideas, capital, risk-tolerance, etc. to be their own boss. And, if you don't own the company you work for, then you have no right to demand what you should and shouldn't be paid.
Actually, you do. But the business has the right to say yes or no. People negotiate (or attempt to negotiate) higher pay all the time
Location: In a city within a state where politicians come to get their PHDs in Corruption
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Quote:
Originally Posted by FirebirdCamaro1220
Actually, you do. But the business has the right to say yes or no. People negotiate (or attempt to negotiate) higher pay all the time
I think that was implied in my response. This thread isn't about negotiating one's pay, but rather workers demanding higher pay through government mandate.
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Location: Dallas, TX
5,790 posts, read 3,600,682 times
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Quote:
Originally Posted by ChrisC
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.
Min wage would ideally keep up with inflation. The average 30 year rate is about 2.0%. Lets run it by the numbers.
2% inflation is a nominal (not 'constant') wage doubling rate of 35 years.
Over 5 years, it's 10.4%.
Over 10 Years, that would be 21%.
If everybody's wages rise at the same rate inflation does, no change happens. It's basic monetary economics and finance.
By that calculation, If we had $22/hr today, then we'd reach (in a reasonably fair world) $54/hr by the middle of 2066. $148/hr? We'd reach under the stated conditions 96 years from now -- or 2117.
That's false. Nobody who has a boss earns what they're worth. They have to earn less than they're worth for the business that employs them to make a profit
and that is even if you are your own boss
if you will allow me, I will use you as an example...
you are a truck driver... you work for someone...they pay you a decent wage (per hour or per mile)
but if you wanted to be an owner-operator...sure you could set your own wage...but
you still have to buy a rig
insure that rig
maintain that rig
pay for lodging if doing overnight long hauls...or ensure you have a sleeper cab
and then the kicker which is going back up real quick.... fill that tank with fuel
being an owner-operator was great in the 70's-90's.... not so lucrative today though
It follows therefore, that if you do not attain a marketable skill, and you continue to work as a waiter, or clerk, or gas station attendant or whatever, that it is your fault for being poor?
Are you saying that hard working Americans deserve to be in poverty, even if they work 40 hours a week? The Conservative movement has lost its way.
It follows therefore, that if you do not attain a marketable skill, and you continue to work as a waiter, or clerk, or gas station attendant or whatever, that it is your fault for being poor?
Are you saying that hard working Americans deserve to be in poverty, even if they work 40 hours a week? The Conservative movement has lost its way.
so what you (and the fascist liberals) are saying is that some lazy bum, who only show up to work, and does crappy-poor performance, should get paid $15 or more, just because they showed up.... the left has gone completely mental
Location: In a city within a state where politicians come to get their PHDs in Corruption
2,907 posts, read 2,069,650 times
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Quote:
Originally Posted by midnight_thunder
It follows therefore, that if you do not attain a marketable skill, and you continue to work as a waiter, or clerk, or gas station attendant or whatever, that it is your fault for being poor?
Are you saying that hard working Americans deserve to be in poverty, even if they work 40 hours a week? The Conservative movement has lost its way.
Of course it's their fault. Whose fault is it? It's not a secret that a software engineer earns more than a gas station attendant. Therefore if they chose to be a gas station attendant and not put in a work to be a software engineer, then it is their fault for not putting in that work necessary.
The people at the bottom of the wage scale will always struggle. The economy will never let them have an easy time. When you raise a cost, others will also increase. The inflation has the possibility of eliminating any potential gains. If you raise minimum wage, the people on the second step will demand a raise or they will leave. Businesses will deal with the increased cost by a combination of decreased hours and increased prices. The latter being more commonplace. While the increase may not be huge amount, under $1, the poorest will be impacted the most. For these reasons and more the minimum wage will never be the same as a "living" wage.
Should the minimum wage be increased? Yes, probably to about $12 an hour.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,610,214 times
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Quote:
Originally Posted by midnight_thunder
I am saying that someone who works 40 hours a week does not deserve to be in poverty. If you disagree, you and I have seriously differing values.
Exactly, the motivation to work is to not be poor. If you work and are still poor, what the hell is the point?
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