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Why $15 an hour minimum wage SUCKS
#81
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 1:04 pm)onlinebiker Wrote: There's a HUGE chunk of the workforce that started out at basement wages - even below minimum wage - and worked their way up to $15 an hour.

Now you and your ilk want to give every pimple faced booger eater the same wages as those people who worked their way up for YEARS.

That's your idea of fucking fair?

And - what about all the retirees living on fixed incomes?

You think the $15 A MONTH COLA adjustment is going to keep up with the coming inflation?


And YES there will be inflation - if not hyper inflation.

All adjustments to previous minimum wages have been small - so the inflative effect appears minimal. When you DOUBLE minimum?

Jesus.. You have no idea of the ripple effects it's going to cause.

The last minimum wage increase was passed in 2007 and set to $7.25.  It didn't take effect until 2009.  In 2020 dollars, that's equivalent to $9.10 (or really $8.79), so $15 per hour is hardly a doubling in real dollars.

Just increasing the base wages of one segment of the entire economy will not likely drive inflation significantly higher, especially considering that some states have already made the change.
Why is it so?
~Julius Sumner Miller
Reply
#82
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 1:40 pm)Spongebob Wrote:
(December 18, 2020 at 1:04 pm)onlinebiker Wrote: There's a HUGE chunk of the workforce that started out at basement wages - even below minimum wage - and worked their way up to $15 an hour.

Now you and your ilk want to give every pimple faced booger eater the same wages as those people who worked their way up for YEARS.

That's your idea of fucking fair?

And - what about all the retirees living on fixed incomes?

You think the $15 A MONTH COLA adjustment is going to keep up with the coming inflation?


And YES there will be inflation - if not hyper inflation.

All adjustments to previous minimum wages have been small - so the inflative effect appears minimal. When you DOUBLE minimum?

Jesus.. You have no idea of the ripple effects it's going to cause.

The last minimum wage increase was passed in 2007 and set to $7.25.  It didn't take effect until 2009.  In 2020 dollars, that's equivalent to $9.10 (or really $8.79), so $15 per hour is hardly a doubling in real dollars.

Just increasing the base wages of one segment of the entire economy will not likely drive inflation significantly higher, especially considering that some states have already made the change.
He confuses opinions and buzzwords with actual facts
"Change was inevitable"


Nemo sicut deus debet esse!

[Image: Canada_Flag.jpg?v=1646203843]



 “No matter what men think, abortion is a fact of life. Women have always had them; they always have and they always will. Are they going to have good ones or bad ones? Will the good ones be reserved for the rich, while the poor women go to quacks?”
–SHIRLEY CHISHOLM


      
Reply
#83
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 1:40 pm)Spongebob Wrote:
(December 18, 2020 at 1:04 pm)onlinebiker Wrote: There's a HUGE chunk of the workforce that started out at basement wages - even below minimum wage - and worked their way up to $15 an hour.

Now you and your ilk want to give every pimple faced booger eater the same wages as those people who worked their way up for YEARS.

That's your idea of fucking fair?

And - what about all the retirees living on fixed incomes?

You think the $15 A MONTH COLA adjustment is going to keep up with the coming inflation?


And YES there will be inflation - if not hyper inflation.

All adjustments to previous minimum wages have been small - so the inflative effect appears minimal. When you DOUBLE minimum?

Jesus.. You have no idea of the ripple effects it's going to cause.

The last minimum wage increase was passed in 2007 and set to $7.25.  It didn't take effect until 2009.  In 2020 dollars, that's equivalent to $9.10 (or really $8.79), so $15 per hour is hardly a doubling in real dollars.

Just increasing the base wages of one segment of the entire economy will not likely drive inflation significantly higher, especially considering that some states have already made the change.
You use your own smoke and mirrors or you rent?


Fact - CURRENT Federal minimum wage is $7.25 an hour.  That is what a minimum wage worker will be paid per hour. $7.25 an hour. He isn't paid in 2009 dollars adjusted. He isn't paid in Krona, rubles or fucking gold galleons like Harry fucking Potter.

$7.25.

Got that?

$15 is actually MORE than double.

I wasn't going to quibble over piddling change.


So don't go blowing smoke up anybody's ass about what double IS.
Reply
#84
RE: Why $15 an hour minimum wage SUCKS
(December 17, 2020 at 11:10 am)onlinebiker Wrote: Minimum wage is political fellatio - bought by politicians - at someone else's expense.

The worst part of it - is all the people who get screwed - by giving "mo money" to burger flippers and latte slingers.

Example: My SO currently makes better than double the current minimum wage of $7.25 an hour - working accounts payable for a local family owned business. It's not great money - but it is pretty much the scale for such jobs in this area. She has a 4 year degree in accounting and 25 years experience.

Now along comes Joe Politician - ordering up the political blowjob - so he can score some votes by looking all "compassionate". Gotta get "mo money" to the little guy. Snap- bang - gee whiz -- the greeter at Walmart is making $15 an hour - less than 10 percent less of what my SO makes. Isn't that fucking great???

So why did she spend 4 years getting a degree??? Why did we do without fun toys and not take any vacations for the last 5 years - so we could pay off her student loans???

Gee -- they want to make college free too.....

So now my SO will essentially be a minimum wage worker. DON'T even go on with moronic drivel of "her employer will raise her wages too".....

Are you THAT FUCKING STUPID???? He will not raise her wages. He will FREEZE wages - probably for years - AND he will be forced to lay off some of the employees. Unlike the government - he can't just print up more money when he needs it. Sure - he can pass on some of the costs to customers by raising prices.... HEY - WELCOME TO INFLATION!!!!

ALL minimum wage does - is ensure there are more poor people. All at the bottom of the pay scale.

And you wonder why the rich keep getting richer.

This post gave me cancer.
If The Flintstones have taught us anything, it's that pelicans can be used to mix cement.

-Homer Simpson
Reply
#85
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 1:40 pm)Brian37 Wrote: Bob was an economic liberal, he hated it when Australia's government moved to austerity policies, just like liberals here hate Reagan's failed trickle down economics. Even with some of Australia's moves to austerity, Bob constantly agreed that even with some of those measures their system was still better than ours, and I agree, even his conservative sister agreed. 

Australia has better wages and a better health care system, and I don't remember talking to one person while there who thought America's policies were better.

Ah, those two hallmarks of Republican "economics"; trickle down and "socialized health care".  Both have been thoroughly discredited, as you likely know.  Republicans even hired a health insurance guy in the 90's to spread outright lies and misinformation about Canada's healthcare system to stoke fear among American conservatives.  Guess what, it worked beautifully.  Americans were once in favor of a system similar to that of Canada and the UK.  But not any more.

(December 18, 2020 at 2:11 pm)onlinebiker Wrote: You use your own smoke and mirrors or you rent?


Fact - CURRENT Federal minimum wage is $7.25 an hour.  That is what a minimum wage worker will be paid per hour. $7.25 an hour. He isn't paid in 2009 dollars adjusted. He isn't paid in Krona, rubles or fucking gold galleons like Harry fucking Potter.

$7.25.

Got that?

$15 is actually MORE than double.

I wasn't going to quibble over piddling change.


So don't go blowing smoke up anybody's ass about what double IS.

It's a doubling in the number value but not real purchasing power.  This is a very important distinction when talking about money.  but what difference would it make if it really was a doubling in actual purchasing power?  That would be about $18 in today's money.  You just seem hung up on the fact that it is a large jump from $7.25 to $15, which is based on what?  What information tells you that this jump is so large that it will be damaging to the economy?  Is it just your intuition?  Have you been reading some economics books?  I'm no economist but I do spend some time reading and listening to actual economists discuss these things so I feel like I have some level of understanding of the issues.  I don't base any of my conclusions on my own intuition.  In fact I think very few people really understand the complexities of economics on their own without some formal training.  The more you (clearly not an economics professional) bellow with confidence, the less you likely know and certainly the less convincing you are to others who consider the issues by consuming data and various professional opinions.

(December 18, 2020 at 2:18 pm)Mermaid Wrote:
(December 17, 2020 at 11:10 am)onlinebiker Wrote: Minimum wage is political fellatio - bought by politicians - at someone else's expense.

The worst part of it - is all the people who get screwed - by giving "mo money" to burger flippers and latte slingers.

Example: My SO currently makes better than double the current minimum wage of $7.25 an hour - working accounts payable for a local family owned business. It's not great money - but it is pretty much the scale for such jobs in this area. She has a 4 year degree in accounting and 25 years experience.

Now along comes Joe Politician - ordering up the political blowjob - so he can score some votes by looking all "compassionate". Gotta get "mo money" to the little guy. Snap- bang - gee whiz -- the greeter at Walmart is making $15 an hour - less than 10 percent less of what my SO makes. Isn't that fucking great???

So why did she spend 4 years getting a degree??? Why did we do without fun toys and not take any vacations for the last 5 years - so we could pay off her student loans???

Gee -- they want to make college free too.....

So now my SO will essentially be a minimum wage worker. DON'T even go on with moronic drivel of "her employer will raise her wages too".....

Are you THAT FUCKING STUPID???? He will not raise her wages. He will FREEZE wages - probably for years - AND he will be forced to lay off some of the employees. Unlike the government - he can't just print up more money when he needs it. Sure - he can pass on some of the costs to customers by raising prices.... HEY - WELCOME TO INFLATION!!!!

ALL minimum wage does - is ensure there are more poor people. All at the bottom of the pay scale.

And you wonder why the rich keep getting richer.

This post gave me cancer.

It's quite riddled with nonsense.  Sounds a bit like Mike Lindell going off about how Trump is the savior of the US.
Why is it so?
~Julius Sumner Miller
Reply
#86
RE: Why $15 an hour minimum wage SUCKS
It does suck.

It should at least be $16.
Dying to live, living to die.
Reply
#87
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 2:50 pm)Spongebob Wrote:
(December 18, 2020 at 1:40 pm)Brian37 Wrote: Bob was an economic liberal, he hated it when Australia's government moved to austerity policies, just like liberals here hate Reagan's failed trickle down economics. Even with some of Australia's moves to austerity, Bob constantly agreed that even with some of those measures their system was still better than ours, and I agree, even his conservative sister agreed. 

Australia has better wages and a better health care system, and I don't remember talking to one person while there who thought America's policies were better.

Ah, those two hallmarks of Republican "economics"; trickle down and "socialized health care".  Both have been thoroughly discredited, as you likely know.  Republicans even hired a health insurance guy in the 90's to spread outright lies and misinformation about Canada's healthcare system to stoke fear among American conservatives.  Guess what, it worked beautifully.  Americans were once in favor of a system similar to that of Canada and the UK.  But not any more.

(December 18, 2020 at 2:11 pm)onlinebiker Wrote: You use your own smoke and mirrors or you rent?


Fact - CURRENT Federal minimum wage is $7.25 an hour.  That is what a minimum wage worker will be paid per hour. $7.25 an hour. He isn't paid in 2009 dollars adjusted. He isn't paid in Krona, rubles or fucking gold galleons like Harry fucking Potter.

$7.25.

Got that?

$15 is actually MORE than double.

I wasn't going to quibble over piddling change.


So don't go blowing smoke up anybody's ass about what double IS.

It's a doubling in the number value but not real purchasing power.  This is a very important distinction when talking about money.  but what difference would it make if it really was a doubling in actual purchasing power?  That would be about $18 in today's money.  You just seem hung up on the fact that it is a large jump from $7.25 to $15, which is based on what?  What information tells you that this jump is so large that it will be damaging to the economy?  Is it just your intuition?  Have you been reading some economics books?  I'm no economist but I do spend some time reading and listening to actual economists discuss these things so I feel like I have some level of understanding of the issues.  I don't base any of my conclusions on my own intuition.  In fact I think very few people really understand the complexities of economics on their own without some formal training.  The more you (clearly not an economics professional) bellow with confidence, the less you likely know and certainly the less convincing you are to others who consider the issues by consuming data and various professional opinions.

(December 18, 2020 at 2:18 pm)Mermaid Wrote: This post gave me cancer.

It's quite riddled with nonsense.  Sounds a bit like Mike Lindell going off about how Trump is the savior of the US.

No shit. If Trump had been President in the 80s he would have had Earl Scheib as a supporter, " I'll fleece any supporter of $29.95"
Reply
#88
RE: Why $15 an hour minimum wage SUCKS
I'll put it this way. My daughter is a nurse with a bachelors degree. She makes about $21/hour, which is not enough for her to own a house, a car, certainly not enough to pay for children unless her SO makes at least as much if not more. Do you really want the person taking care of you in the hospital barely able to live on her wage? I think there are likely many other jobs with similar pay discrepancies.
Why is it so?
~Julius Sumner Miller
Reply
#89
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 3:20 pm)The Valkyrie Wrote: It does suck.

It should at least be $16.

Don't worry.

The geniuses next "solution" will be for everyone to pencil in an extra zero on all currency.

We'll all be rich.


Repeat as needed.
Dodgy
Reply
#90
RE: Why $15 an hour minimum wage SUCKS
(December 18, 2020 at 3:47 pm)onlinebiker Wrote:
(December 18, 2020 at 3:20 pm)The Valkyrie Wrote: It does suck.

It should at least be $16.

Don't worry.

The geniuses next "solution" will be for everyone to pencil in an extra zero on all currency.

We'll all be rich.


Repeat as needed.
Dodgy

Reducto Biker Absurdum.
Reply



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