New Research: Greatest Low-Wage Earnings Gains Came In States That Raised The Minimum Wage

Bread an extra quarter

Coke an extra quarter

Diapers an extra quarter

Socks an extra quarter

Shampoo an extra quarter

Chrerios an extra quarter

........


Wow those extra quarters add up to real dollars..


Liberal logic economics is mind blowing on how they can't do math..

A buck-and-half!

Holy shit, we're all going to go broke!


^^^^ let me guess you teach common core
 
Right, so your number is completely arbitrary and actually means nothing.

Strictly market setting the cost of labor is non starter, we've had minimum wage laws for a long time, they work and this is a moot conversation.

The MW has never been so high as to eclipse the added value of the labor in some cases, which can result in more impacts then "poor people get more money".

If you don't have the cognitive ability to understand the concepts I am trying to explain, may I suggest the Hello Kitty Message Board as something more your speed.

That's not how any of that works. Like most conservatives you have a fantasy in your head about how economy works that just isn't so.

Federal minimum wage was $10 in real terms in the 60s, so tell me again why setting it to $10 today is "never been"

Because those real terms from the 60's do not match today's economy, due to changes in automation and availability of cheaper services and goods compared to back then. You pick one metric, low end wages, and ignore the decrease in costs of "luxury" items back then that are commonplace and affordable to almost everyone today.

Yes, while you ignore the cost increases in food, housing, clothing, transportation and education.

Food and clothing costs have increased?

Housing has only really increased in large markets, and that is due to rent controls, and bad zoning laws.
Transportation has increased mostly in public transport, and that is due to government, not the market
and education costs have increased also due to government meddling.

So your point?

Bullshit.
Provide some links.
 
I had a real world example of this at work. We were supposed to be feeding 5.5 GPM of a chemical through multiple valves to wastewater tanks. When we did the math on the storage tank drawdown, it was closer to 11 GPM. We ruled out a leak, and it turns out 2.3 GPM of that was due to a bad valve sending 2.3 GPM instead of 0.1 GPM of the chemical to one of the tanks. The other 3-4 GPM was due to bad tuning of the control valves, where instead of 0.1 GPM and 0.3 GPM of flow, it was adding 0.11-0.14 and 0.31-0.34 GPM through each valve.

Small at each valve, but if you are operating 30 or so valves, that gives you your overdose.

Just like price increases when you muck around with a economic system you don't fully understand.

How enlightening :alcoholic:


Bottom line, Americans generally can pay a little more to help the poor get minimally compensated for labor. It is fair and the right thing to do.

Conservatives keep talking about the dignity of labor, but when it comes to dignified compensation they bail out, just like they keep talking about outlawing abortions but then bail on helping the kids born into poverty.

Actually american's won't, because charity ends when you notice you are paying more for the same thing you were paying less for a year ago.

"dignity of labor" does not include subsidizing what is an entry level stepping stone job into a sustainable career by ignoring the rules of economics.
 
The MW has never been so high as to eclipse the added value of the labor in some cases, which can result in more impacts then "poor people get more money".

If you don't have the cognitive ability to understand the concepts I am trying to explain, may I suggest the Hello Kitty Message Board as something more your speed.

That's not how any of that works. Like most conservatives you have a fantasy in your head about how economy works that just isn't so.

Federal minimum wage was $10 in real terms in the 60s, so tell me again why setting it to $10 today is "never been"

Because those real terms from the 60's do not match today's economy, due to changes in automation and availability of cheaper services and goods compared to back then. You pick one metric, low end wages, and ignore the decrease in costs of "luxury" items back then that are commonplace and affordable to almost everyone today.

Yes, while you ignore the cost increases in food, housing, clothing, transportation and education.

Food and clothing costs have increased?

Housing has only really increased in large markets, and that is due to rent controls, and bad zoning laws.
Transportation has increased mostly in public transport, and that is due to government, not the market
and education costs have increased also due to government meddling.

So your point?

Bullshit.
Provide some links.

you first.
 
I simplified it so progressive twatwaddles such as yourself can understand it. But the crux of the situation is that economics cannot handle someone being paid $15 an hour to add $5-$10 worth of value to a product or a service. In that situation, costs have to go up.
it still doesn't change the fact that paying people $15 for $10 worth of work is not economically viable.

Who says it's $10 worth of work?
Is $15/hr in today's dollar a better,same or worse value for the earner as compared to MW of the past? What is the standard? If you were to put past MW rates into 2016 real dollars, the MW would be $20+ to match buying power.

Economics say how much value a given task adds to a service or product. MW's in general fix part of the equation that determines the value of a service or product, without raising the end result of the equation, namely what a consumer is willing to pay for something. So if that remains fixed, other parts of the equation have to compensate.

Economics decide?
Nice, safe ambiguous answer.

Simple question. Should wages decrease over time or increase?
When talking about MW, shouldn't the standard be that it buy at least as much as it has in the past?

No, its the real answer, and it is what determines if paying someone $15 for a given job is economically viable or not.

A PERSON's wages should increase over time, as they gain experience and move on to more difficult and valuable labor. Overall wage's increase or decrease is decided by macro-economic factors, and will be further impacted by automation, which will only be increased if we keep thinking we can pay people more than they put back into the system.

And a person's buying power now vs. then is a pretty crappy comparison, considering the changes in technology and availability of services that were not around in the past at costs normal people could afford.

Total bullshit.
Buying power is everything when determining MW, otherwise what's the point?
No one should earn less than people did 30 or 50 years ago for the same work. There is no economic formula where that would even be the case.

They are not earning less for the same work. Those higher skilled jobs are mostly gone. what you are trying to do is make worse jobs pay the same, without the corresponding added valve.
 
Actually american's won't, because charity ends when you notice you are paying more for the same thing you were paying less for a year ago..

80 years of minimum wage history in this country prove otherwise.

Welcome to USA, planet earth, year 2016.
 
Bread an extra quarter

Coke an extra quarter

Diapers an extra quarter

Socks an extra quarter

Shampoo an extra quarter

Chrerios an extra quarter

........


Wow those extra quarters add up to real dollars..


Liberal logic economics is mind blowing on how they can't do math..

A buck-and-half!

Holy shit, we're all going to go broke!

or people will stop spending on some discretionary things, or reduce spending, on say things like Fast Food. thus lowering income for those businesses, and resulting in closures, layoffs, and then the true minimum wage for low skill workers, which is $0.00.
 
I simplified it so progressive twatwaddles such as yourself can understand it. But the crux of the situation is that economics cannot handle someone being paid $15 an hour to add $5-$10 worth of value to a product or a service. In that situation, costs have to go up.
it still doesn't change the fact that paying people $15 for $10 worth of work is not economically viable.[/
Just look at Australia's and New Zealand's high minimum wage, working poor is still a huge problem and raising the minimum wage never helps.


Meet The Working Poor: One Million Australians Are Living In Severe Poverty

Strawman, nobody ever argued that minimum wage will solve all economic problems. But it can help the poor when done right, in the right economic situations.


Hey I am all for higher waged but how are you really going to do it? With out costing jobs or paying $3,500 for say a Makita electric drill?
 
or people will stop spending on some discretionary things, or reduce spending, on say things like Fast Food. thus lowering income for those businesses, and resulting in closures, layoffs, and then the true minimum wage for low skill workers, which is $0.00.

an alternative you MADE UP.

Yep just like that, shamelessly, out of thin air, based on nothing but fantasizing reality to be so.
 
Hey I am all for higher waged but how are you really going to do it? With out costing jobs or paying $3,500 for say a Makita electric drill?

You can find no answer to your question in the 80 years of minimum wage in this country including $10 real minimum wage in the 60s? Nothing at all?

One could swear conservatives here are just poorly constructed AI programs pretending to be actual people posting.
 
Maybe Wonderful Donald will finally do away with these damn minimum wage laws so American workers can finally compete with the illegals for the same crappy jobs for the same crappy wages.

"Prosperity Through Lower Wages!"
 
New Research: Greatest Low-Wage Earnings Gains Came In States That Raised The Minimum Wage

imagewages6.jpg



MassBudget published its findings on how the minimum wage affects earnings in its 2016 State of Working Massachusetts report, published September 5. The study largely focused on a 7 percent increase in wage growth that low-wage Massachusetts workers experienced from 2014 to 2015 after the state enacted a minimum wage increase. The report also found that low-wage earnings growth was strongest nationwide in states that raised their minimum wages. According to the MassBudget report, women saw relatively greater income gains at the state level than men over the past year, and that may be related to the fact that women make up nearly two-thirds of all minimum wage workers and are disproportionately affected by wage increases. From the 2016 State of Working Massachusetts:


Wow, and not company went out of business. Mr. Papa Johns still has his castle.


WOW and that is GREAT! STATES raising minimum wage ACCORDING TO THE STATE's economy standards!
Why in the hell must the Federal government dictate a FLAT minimum wage for Mississippi where the cost of living is way far less then New York?
I'm all in favor of minimum wages AT THE STATE LEVEL because we are NOT an homogeneous country!
Mississippi
  • Cost of Living Index: 87.8
  • Grocery Index: 90.1
  • Housing Index: 72.4
  • Transportation Index: 95.4
  • Utilities Index: 86.6
  • Health Index: 91.3
  • Misc: 95.9
In Mississippi, you’re looking at a rent payment of around $875 (if you pay the state median). If you were to buy a home, low property taxes and lower-cost housing make Mississippi an affordable option. Zillow reports median home values are just over $112,000 and median list prices are currently $155,000. The median property tax rate is only 0.52%.

New York
3. New York highest in the nation

Cost of Living Index: 132.2
Grocery Index: 110.6
Housing Index: 193.3
Utilities Index: 106.8
Transportation Index: 112.9
Health Index: 103.0
Misc.: 112.1

New York is known for its higher cost of living, with median home prices sitting at around $525,000 ($507 per square foot). The real estate market in the Big Apple is hot, as statewide housing values have risen 8.5% over the past year, according to Zillow. As a renter, you could easily pay upwards of 4 grand for a small apartment in New York City, and utilities in that apartment will run you about $175 per month.
7 most expensive states to live in the U.S.
 
Maybe Wonderful Donald will finally do away with these damn minimum wage laws so American workers can finally compete with the illegals for the same crappy jobs for the same crappy wages.

"Prosperity Through Lower Wages!"
YES!!!! The federal government has NO business telling Mississippi must have the same minimum wage that New York has!

I'm all in favor of STATES setting the minimum wage NOT the Federal government!
Why can't people recognize that Texas heating costs are less then Minnesota! That food costs in Iowa are most likely less then New York... yet
you idiots want a SAME standard applied ACROSS ALL STATES REGARDLESS of the cost of living!
Get real!
 
YES!!!! The federal government has NO business telling Mississippi must have the same minimum wage that New York has!

Yeah, we sure as hell wouldn't want to raise the living standard of a backward, redneck hell hole to that of New York.
 
Hey I am all for higher waged but how are you really going to do it? With out costing jobs or paying $3,500 for say a Makita electric drill?

You can find no answer to your question in the 80 years of minimum wage in this country including $10 real minimum wage in the 60s? Nothing at all?

One could swear conservatives here are just poorly constructed AI programs pretending to be actual people posting.


Its a simple fact the world is not 1960..


Also for the millionth time 50% of american workers make $15 bucks or less, if We double the minimum wage like you guys want will $15 dollar workers get $30 bucks an hour?

Of course not just a buck or two

Its just trickle up poor.
 
Its a simple fact the world is not 1960..


Also for the millionth time 50% of american workers make $15 bucks or less, if We double the minimum wage like you guys want will $15 dollar workers get $30 bucks an hour?

Of course not just a buck or two

Its just trickle up poor.

Interesting.

So the more workers make, the poorer we get?
 

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