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What do you think we need?
I have this theory based entirely off of nothing that if we increased the minimum wage to something that IS livable, that we may have less poverty. Less welfare cases. Etc.
I understand everyone's life is different. What one may think is a good wage, someone may think it's crap.
The min wage I believe in NJ is like $7.75. Let's say they slightly doubled it to $15. $15 an hour, IMO, is something that is livable. Especially in a dual income home. There would be no need for welfare, there would be enough for these people to pay their rent (or mortgage), pay their bills, and even have money left over to buy stuff. Buying stuff is a good thing. It stimulates the economy.
If more people have disposable money, then more people will be out there spending money. This way, the companies that DO pay the crappy min wage now..would eventually make up for now doubling the salaries of their workers.
I mean, it makes sense to me. But what about someone else?
Or is this a system to make people feel better about themselves compared to other people?
Well your theory isn't that new. The minimum wage back in 1968 was about 1/2 of the average wage back then or about what you are suggesting adjusted for inflation. The trickle up theory. Not a bad one and it does work.
We need to insist that our trading partners pay their workers better so that we can export our goods to them as well as import goods from them.
So you've only discussed one side of this equation. How's about the business owner ?
How does he manage double the hourly rate and still survive ?
Talk about the full idea for both employer and employee. One sided does not give a complete solution.
Anyway, why should someone make a "livable" wage. You make what is deserving of the job. Not what people think is "livable"
By your logic I should pay the neighbor kid $15 an hour to mow my yard? Nonsense.
It aint an employers job to pay someone a "livable" wage. It's an employers job to compensate the emplyee for services rendered. Whether the employee can live on that is not of concern to the employer.
By your logic we could also just lower the price of all goods and services. I mean, I can't afford a new Mercedes but I need it to make my life more "livable." Should we lower the price of all Mercedes to $10,000? How many Mercedes would get made?
Your plan of requiring $15 hour for people would probably lead to 60 percent unemployment. Maybe more.
The average employer $5 per hour per employee abiding with government regualtion and taxes. That means that almost everyone in this country is already making $15 an hour. It's just their rightful compensation is going to the government.
What do you think we need?
I have this theory based entirely off of nothing that if we increased the minimum wage to something that IS livable, that we may have less poverty. Less welfare cases. Etc.
I understand everyone's life is different. What one may think is a good wage, someone may think it's crap.
The min wage I believe in NJ is like $7.75. Let's say they slightly doubled it to $15. $15 an hour, IMO, is something that is livable. Especially in a dual income home. There would be no need for welfare, there would be enough for these people to pay their rent (or mortgage), pay their bills, and even have money left over to buy stuff. Buying stuff is a good thing. It stimulates the economy.
If more people have disposable money, then more people will be out there spending money. This way, the companies that DO pay the crappy min wage now..would eventually make up for now doubling the salaries of their workers.
I mean, it makes sense to me. But what about someone else?
Or is this a system to make people feel better about themselves compared to other people?
Let's say you go to the local Applebees for dinner, order $25-30 worth of food, and you're there for an hour, which isn't unreasonable amount of time.
Do you leave a $15 tip? And why not? Doesn't the person at Applebee's need a "livable" wage? Or do you give them what you think the job deserved?
min wage jobs are mostly entry level or go nowhere service jobs. When people make those jobs their careers then you have troubles. You cannot raise a family being a McDonald's cashier..sorry.
What do you think we need?
I have this theory based entirely off of nothing that if we increased the minimum wage to something that IS livable, that we may have less poverty. Less welfare cases. Etc.
I understand everyone's life is different. What one may think is a good wage, someone may think it's crap.
The min wage I believe in NJ is like $7.75. Let's say they slightly doubled it to $15. $15 an hour, IMO, is something that is livable. Especially in a dual income home. There would be no need for welfare, there would be enough for these people to pay their rent (or mortgage), pay their bills, and even have money left over to buy stuff. Buying stuff is a good thing. It stimulates the economy.
If more people have disposable money, then more people will be out there spending money. This way, the companies that DO pay the crappy min wage now..would eventually make up for now doubling the salaries of their workers.
I mean, it makes sense to me. But what about someone else?
Or is this a system to make people feel better about themselves compared to other people?
Bad idea and it will have IMO the opposite results.
Wage is a cost to the manufacturer / distributer / smalll business owner - so when you force a wage increase they will raise the prices of the products and services they sell ---> So that "new higher" wage is no longer livable.
Anyway, why should someone make a "livable" wage. You make what is deserving of the job. Not what people think is "livable"
By your logic I should pay the neighbor kid $15 an hour to mow my yard? Nonsense.
It aint an employers job to pay someone a "livable" wage. It's an employers job to compensate the emplyee for services rendered. Whether the employee can live on that is not of concern to the employer.
By your logic we could also just lower the price of all goods and services. I mean, I can't afford a new Mercedes but I need it to make my life more "livable." Should we lower the price of all Mercedes to $10,000? How many Mercedes would get made?
Your plan of requiring $15 hour for people would probably lead to 60 percent unemployment. Maybe more.
The average employer $5 per hour per employee abiding with government regualtion and taxes. That means that almost everyone in this country is already making $15 an hour. It's just their rightful compensation is going to the government.
Hmm.
First of all, you don't hire the neighbor kid to mow your lawn so minimum wage does not apply to this. Anything "under the table" does not apply.
What's wrong with wanting to have people earning a livable wage? $15 was a ballpark number, not like something I proposed. If more people made more money, there would be more money out there being spent! This is how an employer could make up for that.
No, why would anyone propose anything like dropping the price of a Mercedes? Lowering prices on anything has nothing to do with it at all.
Hmm.
First of all, you don't hire the neighbor kid to mow your lawn so minimum wage does not apply to this. Anything "under the table" does not apply.
What's wrong with wanting to have people earning a livable wage? $15 was a ballpark number, not like something I proposed. If more people made more money, there would be more money out there being spent! This is how an employer could make up for that.
No, why would anyone propose anything like dropping the price of a Mercedes? Lowering prices on anything has nothing to do with it at all.
That's not quite how business works. Paying that $15/hour may put the business operating at a loss for each item. The more you sell the greater the loss.
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that if we increased the minimum wage to something that IS livable, that we may have less poverty. Less welfare cases. Etc.
Lowering prices on anything has nothing to do with it at all.
