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When did minimum wage become living wage?
Posted on 6/7/17 at 8:55 am
Posted on 6/7/17 at 8:55 am
Was it was always thought of as a "living wage?" If not, when did this notion come about?
This post was edited on 6/7/17 at 8:56 am
23
Posted on 6/7/17 at 8:57 am to jimbeam
Originally minimum wage jobs were jobs aimed at high school kids to make extra spending money. I'm not sure what happened. 
Posted on 6/7/17 at 8:58 am to jimbeam
When jobs paying minimum wage stopped being viewed as entry and learning positions and started being viewed as careers.
Posted on 6/7/17 at 8:58 am to jimbeam
quote:
When did minimum wage become living wage?
When you could buy a new car for $5k and a new house for $45k. So, before Baby Boomers fricked everyone that came after them.
Posted on 6/7/17 at 8:58 am to jimbeam
The minimum wage became a "living wage" the moment we decided as a country to provide welfare to those who weren't making enough via income from their jobs.
And for the record, it is verified fact that the minimum wage is worth less in real dollars today than at most times since its inception. Simply accounting for inflation would put the real dollar minimum wage at $10.50 an hour.
And for the record, it is verified fact that the minimum wage is worth less in real dollars today than at most times since its inception. Simply accounting for inflation would put the real dollar minimum wage at $10.50 an hour.
Posted on 6/7/17 at 9:04 am to DawgsLife
quote:
Originally minimum wage jobs were jobs aimed at high school kids to make extra spending money. I'm not sure what happened.
Dude, you seem pretty fair minded so step out of your conservative think on this one. Those who oppose a minimum wage increase are wrong on this one. $15 an hour? Hell no, but one can simply look at data and see , for example, that in 1968 when the minimum wage was $1.60 an hour in terms of real dollars that equals $11.47 today. But the minimum wage is $7.25. Why hasn't the minimum wage even came close to keeping up with inflation? That's a legitimate beef, and makes it quite laughable when someone from that generation tells kids today "I survived on minimum wage, so can you" well yeah cuz your minimum wage was worth 140% of what today's is worth. Duh.
Posted on 6/7/17 at 9:05 am to jimbeam
quote:
When did minimum wage become living wage?
The concept began during the Obama administration.
Posted on 6/7/17 at 9:06 am to HeyHeyHogsAllTheWay
quote:
one can simply look at data and see , for example, that in 1968 when the minimum wage was $1.60 an hour in terms of real dollars that equals $11.47 today. But the minimum wage is $7.25. Why hasn't the minimum wage even came close to keeping up with inflation?
why should its all-time high (in real terms) be used as a baseline? what makes that value more appropriate than any other time?
Posted on 6/7/17 at 9:07 am to Damone
quote:
So, before Baby Boomers fricked everyone that came after them.
This baby boomer at age 15 made eighty cents an hour for 10 hrs. work six days a week. This baby boomer was smart enough to realize that is not what I wanted to do the rest of my life. So, I go to college, while working other jobs, to find something better than chicken feed paying jobs that I know will not get me ahead in life. No, I never graduated but I latched on to a good job that enabled me to retire at age 60.
Not sure how the boomers are responsible for all your ill will towards us.
This post was edited on 6/7/17 at 9:10 am
Posted on 6/7/17 at 9:08 am to DawgsLife
quote:
Originally minimum wage jobs were jobs aimed at high school kids to make extra spending money. I'm not sure what happened
FDR:
“No business which depends for existence on paying less than living wages to its workers has any right to continue in this country.” (1933, Statement on National Industrial Recovery Act)
“By living wages, I mean more than a bare subsistence level — I mean the wages of a decent living.”
“Do not let any calamity-howling executive with an income of $1,000 a day, who has been turning his employees over to the Government relief rolls in order to preserve his company’s undistributed reserves, tell you – using his stockholders’ money to pay the postage for his personal opinions — tell you that a wage of $11.00 a week is going to have a disastrous effect on all American industry.” (1938, Fireside Chat, the night before signing the Fair Labor Standards Act that instituted the federal minimum wage)
“All but the hopelessly reactionary will agree that to conserve our primary resources of man power, government must have some control over maximum hours, minimum wages, the evil of child labor and the exploitation of unorganized labor.” (1937, Message to Congress upon introduction of the Fair Labor Standards Act)
It's original intent was pretty clear.
Posted on 6/7/17 at 9:08 am to jimbeam
It never has and never will be to me.
Posted on 6/7/17 at 9:09 am to jimbeam
Like homelessness, it's only important to DNC/MSM Complex during Republican administrations.
Posted on 6/7/17 at 9:10 am to Erin Go Bragh
I did not view my summer job as a camp counselor as a career move.
Posted on 6/7/17 at 9:13 am to 90proofprofessional
quote:
why should its all-time high (in real terms) be used as a baseline? what makes that value more appropriate than any other time?
I didn't use it as a baseline actually. I clearly said the min wage should be around $10.50 an hour which is a full dollar an hour less than what it was in 1968 (which by the way wasn't the "all time high" that would be 1965)
But the point stands, if you look at the data the minimum wage kept its relative spending power from the 50-s until roughly the mid 80s and then it slowly starting falling behind inflation every year until now.
That is inarguable. And now raising it is actually counterproductive. We are , in effect, subsidizing lower wages with welfare.
Why would we do that? It's corporate welfare to the nth degree. fricking McDonalds even got caught a few years back having a video that taught its employees how to figure out which welfare programs they qualified for and how to get signed up. That's pretty fricking pathetic when a company has a CEO making tens of millions of dollars and is spending who knows how much more encouraging its employees to sign up for welfare.
Posted on 6/7/17 at 9:14 am to HeyHeyHogsAllTheWay
quote:
We are , in effect, subsidizing lower wages with welfare.
How's that a subsidy for "lower wages"?
Posted on 6/7/17 at 9:15 am to Homesick Tiger
quote:
This baby boomer at age 15 made eighty cents an hour for 10 hrs. work six days a week
So this was around 1950?
Posted on 6/7/17 at 9:15 am to bonhoeffer45
quote:
It's original intent was pretty clear.
I would bet I am older than you (MUCH older) and I am telling you when I was in school, jobs at McDonalds, Burger King, etc were 95% high school kids. It doesn't matter what was intended...it is what reality is/was.
Posted on 6/7/17 at 9:16 am to 90proofprofessional
quote:
We are , in effect, subsidizing lower wages with welfare.
quote:
How's that a subsidy for "lower wages"?
How is it not?
Posted on 6/7/17 at 9:16 am to DawgsLife
quote:
I would bet I am older than you (MUCH older) and I am telling you when I was in school, jobs at McDonalds, Burger King, etc were 95% high school kids. It doesn't matter what was intended...it is what reality is/was.
you're not factoring in some things here. Like the fact that when you were a kid there were wagon factories in every small town that a person could go get a job at
Posted on 6/7/17 at 9:16 am to HeyHeyHogsAllTheWay
quote:
So this was around 1950?
1967.
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