Ray From Cleveland
Diamond Member
- Aug 16, 2015
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Minimum wage and living wage are essentially the same thing. I see the terms being used interchangeably. Besides, Doc gave us the dictionary definition of "living wage"
"the hourly rate an individual must earn to support their family, as the sole provider, assuming full-time employment."
They have to be the same thing, actually. If "living wage" is how much a person must earn over minimum wage to support their family, then living wage would dictate what minimum wage should be. Thus the two go hand in hand. I fail to see a difference.
Minimum wage is not the same thing as a living wage.
A minimum wage is a fixed number. It's set by law. A living wage is, as I pointed out before, not a fixed number.
You could make an argument that the minimum wage "should" be the same as a living wage, but 1.) It's not and 2.) that doesn't make the terms mean the same thing, anyway.
So what if the Democrats push for a "living wage" law? What would that number be?
As we all know, a huge increase in minimum wage is a temporary fix to the poverty problem because you can't increase wages on one group of people. If you increase wages for one group of people, it creates a Domino Effect and all wages eventually increase.
Then those that were elated with the new minimum wage find themselves right back where they started because everything else increased in price. They have no more buying power than they had before.
Since 4% of workers get min wage, THAT premise MUST be true *shaking head*
Of course it is. That's how we inflated ourselves out of the world market. Of course it wasn't minimum wage, it was unions.
If you make minimum wage $15.00 per hour, the people that were making in the area of $15.00 per hour are going to want $22.00 per hour because they are not going to work for minimum wage. The people that were making $22.00 per hour will want $30.00 per hour, and it goes right down the line.
If you think that you are going to increase minimum wage to $15.00 per hour and the rest of hourly workers are just going to stand by and watch it, you're insane. Nobody (including myself) would allow it. We all would demand more money.
Sure Bubba, sure, unions that were in decline for decades before Ronnie hosed them? lol
People get raises because those on the bottom get more??? IN THE US REALLY? lol
ONE FUKKN POLICY CONSERVATIVES HAVE EVER BEEN ON THE CORRECT SIDE OF US HISTORY? EVER? oops
We've been through that before, and I gave you two or three which you put the palms of your hands against year ears and sang aloud.
Yes unions have been on the decline because businesses have been leaving states or the country to get away from them. But when they were strong, they too created the Domino Effect.
When times were good, the only way for a non-union shop to attract workers was to have a pay scale similar to the union shops, so the cost for help went up all over.
Drastically increase the minimum wage, and you'll see the exact same thing only in fast-forward. More business will leave the country and more inflation will distance ourselves further from the rest of the world.