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Old 03-18-2013, 05:31 PM   #1
Barefootsies
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:stop Fair Minimum Wage Would Be $22 An Hour

Minimum wage raised as high as a skilled tradesman?

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Senator Elizabeth Warren (D-Massachusetts) is calling for a drastic increase in the minimum wage.

At a Senate Committee Hearing on Health, Education, and Labor, the senator argued that minimum wage could justifiably be raised to $22 an hour. Warren advocated for an increased rate based on a recent study showing what the wage would be if it reflected growth in worker productivity.

"If we started in 1960 and we said that as productivity goes up, that is as workers are producing more, then the minimum wage is going to go up the same. And if that were the case then the minimum wage today would be about $22 an hour," she said.

Warren added “So my question is…With a minimum wage of $7.25 an hour, what happened to the other $14.75? It sure didn’t go to the worker.”
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Old 03-18-2013, 05:32 PM   #2
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what an idiot (although peasants would like her)
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Old 03-18-2013, 05:32 PM   #3
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I don't think so, Tim...
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Old 03-18-2013, 05:38 PM   #4
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If productivity/performance is the measure for wages, Congress wouldn?t even get a paycheck.
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Old 03-18-2013, 05:39 PM   #5
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Start paying everyone 22 bucks an hour and you'll see the last few jobs left in the US shipped off to India.
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Old 03-18-2013, 05:41 PM   #6
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This would be a fantastic way to inspire the next mechanical revolution.
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Old 03-18-2013, 05:41 PM   #7
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the illegals are doing the jobs. tile,carpentry,masonry,plumbing etc... jobs that would pay that much
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Old 03-18-2013, 05:42 PM   #8
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Should be abolished. You'd be shocked how many Americans would happily take Mexican and Indian wages.
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Old 03-18-2013, 05:53 PM   #9
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I don't think so, Tim...
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Old 03-18-2013, 05:56 PM   #10
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Minimum wage raised as high as a skilled tradesman?



FULL STORY
the system is setup to keep blue collar poor $22 isnt going to kill a profitable company. it would keep workers happy and less problems.
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Old 03-18-2013, 05:58 PM   #11
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Min wage came out of the Fair Labor Standards Act sign into law by FDR in 1938. The law said about min wage: "minimum standard of living necessary for health, efficiency and general well-being, without substantially curtailing employment" It was supposed to be a minimum basic wage,that one could live in.
I had read with inflation, it should be around $10.56 an hour.
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Old 03-18-2013, 06:00 PM   #12
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I heard PBBC starts pay @ $17 an hour.
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Old 03-18-2013, 06:02 PM   #13
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Old 03-18-2013, 06:05 PM   #14
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If productivity/performance is the measure for wages, Congress wouldn?t even get a paycheck.
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Old 03-18-2013, 06:06 PM   #15
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Would it have been better had minimum wage raised along with production? Sure. Would it be good for it to suddenly be raised to that level from what it is now? Fuck no.
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Old 03-18-2013, 06:08 PM   #16
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Would it have been better had minimum wage raised along with production? Sure. Would it be good for it to suddenly be raised to that level from what it is now? Fuck no.
Worker productivity in America is very high.
http://www.marketplace.org/topics/ec...y-gets-revised
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Old 03-18-2013, 06:09 PM   #17
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the system is setup to keep blue collar poor $22 isnt going to kill a profitable company. it would keep workers happy and less problems.
It actually hurts to read crap like this
Not to read, but to know that there are people who are dumb as that and they hav the right to vote
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Old 03-18-2013, 06:11 PM   #18
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If productivity/performance is the measure for wages, Congress wouldn?t even get a paycheck.
+1
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Old 03-18-2013, 06:12 PM   #19
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the system is setup to keep blue collar poor $22 isnt going to kill a profitable company. it would keep workers happy and less problems.
I take you dont employ any people...
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Old 03-18-2013, 06:16 PM   #20
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By the way, $22 isn't really $22. It's more like $33-37, and then you add any benefits on top of that? Get real.

Say hello to skyrocketing unemployment/layoffs.
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Old 03-18-2013, 06:21 PM   #21
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I dont think it has to be $22, $10.50 to $11 an hour. They can live pretty basic on that and could get a second job if they want to make more money. Of course alot of this is based on the assumption of 40 hrs. Most if not all seem to be 25 hrs and you have to be available whenever we need you which makes getting more than one job very hard to do.
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Old 03-18-2013, 06:22 PM   #22
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I take you dont employ any people...
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Originally Posted by Sly View Post
By the way, $22 isn't really $22. It's more like $33-37, and then you add any benefits on top of that? Get real.
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Say hello to skyrocketing unemployment/layoffs.
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Old 03-18-2013, 06:22 PM   #23
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By the way, $22 isn't really $22. It's more like $33-37, and then you add any benefits on top of that? Get real.

Say hello to skyrocketing unemployment/layoffs.
And massive inflation. Inflation isn't only produced by the printing of more fiat money. There are many factors wich triggers it.
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Old 03-18-2013, 06:25 PM   #24
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"Warren did not appear to be saying the rate should actually be increased to $22 an hour. Rather, she was using the study, which demonstrated flat minimum wage growth coinciding with economic inequality, as a platform for a more realistic increase to the minimum wage."
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Old 03-18-2013, 08:36 PM   #25
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I think that is like $10/hr. higher than the living wage in Fort Lauderdale.
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Old 03-18-2013, 09:08 PM   #26
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Min wage came out of the Fair Labor Standards Act sign into law by FDR in 1938. The law said about min wage: "minimum standard of living necessary for health, efficiency and general well-being, without substantially curtailing employment" It was supposed to be a minimum basic wage,that one could live in.
I had read with inflation, it should be around $10.56 an hour.
This is about right IMHO. I agree with Sen Warren on a lot of issues but not this one if she really thinks we could actually raise it to $22/hr. My guess is she was just using that as an example/attention grabber and she probably doesn't expect it to ever happen.

A person can live on $10/hr assuming they are getting full 40 hour weeks. It might not be a high standard of living but it is very possible to do so.
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Old 03-18-2013, 09:27 PM   #27
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Minimum wage raised as high as a skilled tradesman?
It would in turn bump up the skilled tradesman's wages.

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Old 03-18-2013, 09:29 PM   #28
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"If we started in 1960 and we said that as productivity goes up, that is as workers are producing more, then the minimum wage is going to go up the same. And if that were the case then the minimum wage today would be about $22 an hour," she said.

Warren added ?So my question is?With a minimum wage of $7.25 an hour, what happened to the other $14.75? It sure didn?t go to the worker.?
Pretty good fucking question.

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Old 03-18-2013, 09:49 PM   #29
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She's not saying it should be raised to $22 an hour though obviously. Just that it's justifiable when compared in the way she did.

They'll push for $9 as Obama said I think? Seems fair. And of course every raise in history has been met with cries that it'll mean less workers hired.. never comes true. We have booms when people have more money to spend. But get ready for the red herrings to come out and beach themselves as usual.
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Old 03-18-2013, 09:59 PM   #30
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the system is setup on greed. the rich get richer you know the rest olive garden is a great example.
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Old 03-18-2013, 10:16 PM   #31
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this guy must be another republican idiot
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Old 03-19-2013, 09:11 AM   #32
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I think that is like $10/hr. higher than the living wage in Fort Lauderdale.
Probably more realistic. However you raise the bar, there is always a ripple effect somewhere.
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Old 03-19-2013, 09:15 AM   #33
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this guy must be another republican idiot
Senator Elizabeth Warren (D-Massachusetts) is neither a guy or republican...
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Old 03-19-2013, 09:16 AM   #34
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Senator Elizabeth Warren (D-Massachusetts) is neither a guy or republican...
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Old 03-19-2013, 09:26 AM   #35
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It would put a lot of businesses out and I personally would have to drop 3 of the 4 I have.
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Old 03-19-2013, 09:36 AM   #36
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does this mean i have to order my pizza from the Philippines now?
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Old 03-19-2013, 11:47 AM   #37
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Minimum wage increases can never do more than compensate for inflation. if you raise it artificially, it creates that inflation.

It's all relative, bitches.
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Old 03-19-2013, 11:58 AM   #38
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the system is setup to keep blue collar poor $22 isnt going to kill a profitable company. it would keep workers happy and less problems.
At $22 an you can say hello to $15 hamburgers, $10 milkshakes and $10-12 gal. for gas.
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Old 03-19-2013, 01:25 PM   #39
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Minimum wage increases can never do more than compensate for inflation. if you raise it artificially, it creates that inflation.

It's all relative, bitches.
Actually it doesnt.
http://www.nber.org/papers/w3997
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Old 03-19-2013, 01:54 PM   #40
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I think you posted the wrong link. That one has nothing to do with the relationship between the minimum wage and inflation.
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Old 03-19-2013, 02:00 PM   #41
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what an idiot (although peasants would like her)
Call her names, then run.

What about addressing her (excellent) point? Worker productivity is WAY up. Corporate profits are WAY up. Wages are WAY stagnant.

Quote:
Wages as a percent of the economy are at an all-time low. This is both cause and effect. One reason companies are so profitable is that they?re paying employees less than they ever have as a share of GDP. And that, in turn, is one reason the economy is so weak: Those ?wages? are other companies? revenue.
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http://www.businessinsider.com/corpo...ime-low-2012-6

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Old 03-19-2013, 04:14 PM   #42
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Minimum wage in Australia is

"Currently the full-time minimum wage is $15.96 per hour or $606.40 per week."

On top of that there is 9% employer contributed superannuation, workers compensation, paid maternity and paternity leave, 10 sick days and loadings for public holidays.

$1 USD buys about 96 cents AUD.
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Old 03-19-2013, 04:31 PM   #43
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Start paying everyone 22 bucks an hour and you'll see the last few jobs left in the US shipped off to India.
very well said
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Old 03-19-2013, 04:37 PM   #44
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Minimum wage in Australia is

"Currently the full-time minimum wage is $15.96 per hour or $606.40 per week."

On top of that there is 9% employer contributed superannuation, workers compensation, paid maternity and paternity leave, 10 sick days and loadings for public holidays.

$1 USD buys about 96 cents AUD.
http://www.numbeo.com/cost-of-living...ntry=Australia

Everything in AU is pretty much double of what it costs in the US... so while $16/hr sounds high, it's pretty much equivalent to $8/hr in the US in terms of buying power...
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Old 03-19-2013, 04:43 PM   #45
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Worker productivity in America is very high.
http://www.marketplace.org/topics/ec...y-gets-revised
think it's time we let business win

that way we just need to wait the 5-10 years and take over again

it literally be that easy.
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Old 03-19-2013, 04:57 PM   #46
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I dont understand why there must be a min wage..
A somewhat free economy will adjust accordingly
supply and demand - just like anything else in a capitalistic economy.
if there is too much labor supply then take some off the additional supply off the table.
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Old 03-19-2013, 05:09 PM   #47
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I dont understand why there must be a min wage..
A somewhat free economy will adjust accordingly
supply and demand - just like anything else in a capitalistic economy.
if there is too much labor supply then take some off the additional supply off the table.
It doesnt work that way ,it becomes a race to the bottom. That's why FDR signed that law in the first place.
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Old 03-19-2013, 05:24 PM   #48
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At $22 an you can say hello to $15 hamburgers, $10 milkshakes and $10-12 gal. for gas.
everyone can't be rich who will do the cheap labor? and give the big box companies huge gains? nike is ripping the whole world! those guys and gals in the ref gear make peanuts!
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Old 03-19-2013, 06:58 PM   #49
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It doesnt work that way ,it becomes a race to the bottom. That's why FDR signed that law in the first place.
I agree to an extent. It's just like when I've done freelancing and someone tries to talk you down, eventually I put my foot down and say that they are welcome to go elsewhere and I give plenty of examples but tell them if they expect that much they'll be going around in circles wasting time and crossing their fingers.

There's making money mode and saving money mode and it's very hard to do both simultaneously. Always ironic that the coupon clippers live in trailers.
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Old 03-19-2013, 07:01 PM   #50
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I agree to an extent. It's just like when I've done freelancing and someone tries to talk you down, eventually I put my foot down and say that they are welcome to go elsewhere and I give plenty of examples but tell them if they expect that much they'll be going around in circles wasting time and crossing their fingers.

There's making money mode and saving money mode and it's very hard to do both simultaneously. Always ironic that the coupon clippers live in trailers.
The problem is, there are enough hungry people that will work for the lower wage. I'm studying history in school and its all the same thing, nothing fucking changes. lol
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