MW advocates - what are the downsides of minimum wage?

[rightwinger]

There were Ill effects on workers when wages were frozen for s decade. Nobody seemed to care

The whole economy was stuck in low gear during Obama's rein. I remember. But go ahead, kill the goose.

I agree
Republicans did everything they could to stall the economy

They gave Obama what he wanted, including a partial temporary government slowdown.

That was Ted Cruz

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

 

[rightwinger]

Minimum wage

$10.50 in 2019
$12.50 in 2020
$15.00 in 2021

 

[hadit]

The whole economy was stuck in low gear during Obama's rein. I remember. But go ahead, kill the goose.

I agree
Republicans did everything they could to stall the economy

They gave Obama what he wanted, including a partial temporary government slowdown.

That was Ted Cruz

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

 

[Lesh]

Then why all the squalling about a shut down if it was funded?

Learn to express yourself or be ignored.

Try to tell us exactly what you think happened and then form coherent questions and responses.

Ya think?

 

[rightwinger]

I agree
Republicans did everything they could to stall the economy

They gave Obama what he wanted, including a partial temporary government slowdown.

That was Ted Cruz

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

Ted Cruz's temper tantrum cost $26 billion

 

[hadit]

They gave Obama what he wanted, including a partial temporary government slowdown.

That was Ted Cruz

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

Ted Cruz's temper tantrum cost $26 billion

He was willing to fund everything but one program. Reid refused and temporarily slowed down the government, then ran around complaining about a shutdown.

 

[rightwinger]

That was Ted Cruz

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

Ted Cruz's temper tantrum cost $26 billion

He was willing to fund everything but one program. Reid refused and temporarily slowed down the government, then ran around complaining about a shutdown.

Democrats were willing to fund everything

Republicans shut down government in a temper tantrum against healthcare

They lost

 

[dblack]

If we adjusted our pay/expense system such that ANYONE working 40 earns would earn at least enough to live on we could still recompense MOST people with much MORE than poverty level wages.

What about jobs that aren't worth a living wage? Should those jobs be banned?

 

[Admiral Rockwell Tory]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Currently our situation is thus;

There is a poverty line
Many people earn MORE than the line
SOME people earn LOTS MORE than the poverty line
and many people earn LESS than the poverty line.

If we adjusted our pay/expense system such that ANYONE working 40 earns would earn at least enough to live on we could still recompense MOST people with much MORE than poverty level wages.

NOTE: I am NOT advocating socialism or equal pay for all.
Just adjusting the system so that capitalism rewards the least of us with livable wages.

For about the thousandth time in these threads, what does minimum wage have to do with a living wage? It is not designed for that! It never has been, isn't now, and never will be if intelligence prevails.

 

[Lesh]

What about jobs that aren't worth a living wage? Should those jobs be banned?

What jobs are those and how do you ask an adult human to do them if you don't think they are important enough to pay a living wage for them?

 

[rightwinger]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Currently our situation is thus;

There is a poverty line
Many people earn MORE than the line
SOME people earn LOTS MORE than the poverty line
and many people earn LESS than the poverty line.

If we adjusted our pay/expense system such that ANYONE working 40 earns would earn at least enough to live on we could still recompense MOST people with much MORE than poverty level wages.

NOTE: I am NOT advocating socialism or equal pay for all.
Just adjusting the system so that capitalism rewards the least of us with livable wages.

For about the thousandth time in these threads, what does minimum wage have to do with a living wage? It is not designed for that! It never has been, isn't now, and never will be if intelligence prevails.

It barely qualifies as minimum as it can’t even pay for some basic necessities

It forces college students to take on more debt because their employment pays so little.

 

[danielpalos]

If we adjusted our pay/expense system such that ANYONE working 40 earns would earn at least enough to live on we could still recompense MOST people with much MORE than poverty level wages.

What about jobs that aren't worth a living wage? Should those jobs be banned?

automate them.

 

[hadit]

Takes two to tango, and Reid and Obama rejected bills that would have funded the entire government save one, only one program. That program was more important to them than the rest of the government.

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

Ted Cruz's temper tantrum cost $26 billion

He was willing to fund everything but one program. Reid refused and temporarily slowed down the government, then ran around complaining about a shutdown.

Democrats were willing to fund everything

Republicans shut down government in a temper tantrum against healthcare

They lost

Then why did Reid sit on spending bills that would have done what you said they wanted? Had he passed them on to the Senate, there would have been no temporary slowdown.

 

[hadit]

If we adjusted our pay/expense system such that ANYONE working 40 earns would earn at least enough to live on we could still recompense MOST people with much MORE than poverty level wages.

What about jobs that aren't worth a living wage? Should those jobs be banned?

automate them.

Many are already being automated and have been for a long time. Had a teenager pump your gas for you lately?

 

[rightwinger]

The Government was funded
Cruz threw a tantrum over Obamacare.....He lost

Then why all the squalling about a shut down if it was funded?

Ted Cruz's temper tantrum cost $26 billion

He was willing to fund everything but one program. Reid refused and temporarily slowed down the government, then ran around complaining about a shutdown.

Democrats were willing to fund everything

Republicans shut down government in a temper tantrum against healthcare

They lost

Then why did Reid sit on spending bills that would have done what you said they wanted? Had he passed them on to the Senate, there would have been no temporary slowdown.

A continuing resolution was up for a vote

Republicans squashed it

 

[georgephillip]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Here is one possible formula that might produce a viable minimum wage across a country where median wages and the cost of living varies widely from one region to another:

The Case for a Minimum Wage Formula

"The solution to this conundrum—needing regional wage-setting but not having a good enough regional governance to do it—is to set the minimum wage federally, but do it in such a way that it varies from place to place.

"That is, replace the federal minimum wage level with a federal minimum wage formula.

"This would involve cutting the country up into various minimum-wage zones (perhaps based on metropolitan areas) and then running each zone's relevant economic indicators (such as median wages and cost of living) through a formula to determine what the minimum wage in that zone will be.

"The administration of this process could be handled by a federal agency such as the Department of Labor.

"As to what the formula should be, Arin Dube tends to suggest setting it at 50% of the median wage of each minimum-wage zone.

"This is the average for OECD countries, though a number of counties set it higher, such as in France, where it is 61% of the median wage."

 

[rightwinger]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Here is one possible formula that might produce a viable minimum wage across a country where median wages and the cost of living varies widely from one region to another:

The Case for a Minimum Wage Formula

"The solution to this conundrum—needing regional wage-setting but not having a good enough regional governance to do it—is to set the minimum wage federally, but do it in such a way that it varies from place to place.

"That is, replace the federal minimum wage level with a federal minimum wage formula.

"This would involve cutting the country up into various minimum-wage zones (perhaps based on metropolitan areas) and then running each zone's relevant economic indicators (such as median wages and cost of living) through a formula to determine what the minimum wage in that zone will be.

"The administration of this process could be handled by a federal agency such as the Department of Labor.

"As to what the formula should be, Arin Dube tends to suggest setting it at 50% of the median wage of each minimum-wage zone.

"This is the average for OECD countries, though a number of counties set it higher, such as in France, where it is 61% of the median wage."

Agree
Minimum wage should be taken out of the hands of congress
They have shown they can’t handle the responsibility

 

[georgephillip]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Here is one possible formula that might produce a viable minimum wage across a country where median wages and the cost of living varies widely from one region to another:

The Case for a Minimum Wage Formula

"The solution to this conundrum—needing regional wage-setting but not having a good enough regional governance to do it—is to set the minimum wage federally, but do it in such a way that it varies from place to place.

"That is, replace the federal minimum wage level with a federal minimum wage formula.

"This would involve cutting the country up into various minimum-wage zones (perhaps based on metropolitan areas) and then running each zone's relevant economic indicators (such as median wages and cost of living) through a formula to determine what the minimum wage in that zone will be.

"The administration of this process could be handled by a federal agency such as the Department of Labor.

"As to what the formula should be, Arin Dube tends to suggest setting it at 50% of the median wage of each minimum-wage zone.

"This is the average for OECD countries, though a number of counties set it higher, such as in France, where it is 61% of the median wage."

Agree
Minimum wage should be taken out of the hands of congress
They have shown they can’t handle the responsibility

I suspect few if any of those calls are going to minimum wage workers?
Congress isn't Legislating. They're Dialing for Dollars.

 

[dblack]

This thread is addressed to supporters of minimum wage laws. Detractors claim that minimum wage causes unemployment and/or inflation. But most supporters will vigorously deny this. Yet they seem to set their sights pretty low when it comes to setting the level of minimum wage. I assume this is because they believe there is some downside to minimum wage, some reason to not raise it to $200/hr, but it seems they never want to talk about what that reason might be. Hopefully, someone will step up here, and clear the air.

Here is one possible formula that might produce a viable minimum wage across a country where median wages and the cost of living varies widely from one region to another:

The Case for a Minimum Wage Formula

"The solution to this conundrum—needing regional wage-setting but not having a good enough regional governance to do it—is to set the minimum wage federally, but do it in such a way that it varies from place to place.

"That is, replace the federal minimum wage level with a federal minimum wage formula.

"This would involve cutting the country up into various minimum-wage zones (perhaps based on metropolitan areas) and then running each zone's relevant economic indicators (such as median wages and cost of living) through a formula to determine what the minimum wage in that zone will be.

"The administration of this process could be handled by a federal agency such as the Department of Labor.

"As to what the formula should be, Arin Dube tends to suggest setting it at 50% of the median wage of each minimum-wage zone.

"This is the average for OECD countries, though a number of counties set it higher, such as in France, where it is 61% of the median wage."

Thanks George. You didn't exactly answer my question, but it's in interesting proposal. It would at least resolve the problems with regionally different costs of living.

The 50% of median wage target seems kind of arbitrary. Any idea what the rationale there is?

 

[dblack]

What about jobs that aren't worth a living wage? Should those jobs be banned?

What jobs are those and how do you ask an adult human to do them if you don't think they are important enough to pay a living wage for them?

I'm not asking anyone to do anything. But not everyone needs $15/hr. And not every job is worth a living wage. Greeting people at Wal-Mart is, arguably, not worth $15/hr, but it's a nice way for retirees to fill up the day and feel useful. Why can't they do that for $10/hr if they want?