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re: Anyone who is for increased minimum wage tell me why we shouldn't jump straight to $100/hr

Posted on 1/18/21 at 2:34 pm to
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66650 posts
Posted on 1/18/21 at 2:34 pm to
quote:

Interesting, considering teachers have tenure and become immune from termination if they work in public education. I'd also wager teacher benefits are higher than waffle house manager. Hours are also better, and their $/hr are likely higher considering teachers don't work 3-4 months out of the year. Not to mention the perk of not having to work with the general public, as opposed to waffle house.


Whoah whoah whoah

Are you saying there are other reasons besides money to do a job?
Posted by BugAC
St. George
Member since Oct 2007
52805 posts
Posted on 1/18/21 at 2:35 pm to
quote:

I’m saying that they won’t increase as much as you’re acting like they will and that it won’t wreck our economy.


Do you know what inflation is? Serious question? And have you ever had to deal with payroll, salaries, wage determination in your life? Also, when all goods/services prices increase without sufficient demand, what does that do to the economy?
This post was edited on 1/18/21 at 2:36 pm
Posted by BugAC
St. George
Member since Oct 2007
52805 posts
Posted on 1/18/21 at 2:37 pm to
quote:

Are you saying there are other reasons besides money to do a job?


I'm saying benefits are a factor. And money is the primary motivator. I'm also saying that all of those "benefits" cost the employer money, outside of teachers not having to work 3 months/year.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66650 posts
Posted on 1/18/21 at 2:42 pm to
quote:

Do you know what inflation is? Serious question? And have you ever had to deal with payroll, salaries, wage determination in your life? Also, when all goods/services prices increase without sufficient demand, what does that do to the economy?



I know What inflation is.

I understand It will happen but not to the extent you’re making it out to be.

Plus if you look at a place like McDonalds their business model won’t allow them to 100% foist this on consumer. Fast food places can’t all of a sudden charge 20 dollars for a hamburger.
Posted by SammyTiger
Baton Rouge, LA
Member since Feb 2009
66650 posts
Posted on 1/18/21 at 2:47 pm to
quote:

I'm saying benefits are a factor. And money is the primary motivator. I'm also saying that all of those "benefits" cost the employer money, outside of teachers not having to work 3 months/year.


I’m saying plenty of jobs have benefits.

Teachers even compensating their “3 months off” don’t make a lot. Especially considering their education level.
This post was edited on 1/18/21 at 2:48 pm
Posted by BiggerBear
Redbone Country
Member since Sep 2011
2923 posts
Posted on 1/18/21 at 3:00 pm to
quote:

Why should we stop at $15/hr. I mean $100 and everyone can live comfortably. Right?


Dumb is just dumb. This probably sounded pretty cool in your head, kind of like "anyone who is for the 2nd amendment explain to me why everyone shouldn't have their own cannons with tactical nuclear warheads" or "anyone who is for capital punishment explain to me why we shouldn't execute people who get caught driving 1 mph over the speed limit."
Posted by AlterDWI
Durango, Colorado
Member since Nov 2012
2159 posts
Posted on 1/18/21 at 3:11 pm to
The question is legitimate bc it shows the absurdity of the policy. If $15/hr will make everything "more stable", why don't we make it $30/hr or $50/hr that way we can all live in relative comfort?

Why is $15 good for everyone, but $30 is bad?
This post was edited on 1/18/21 at 3:14 pm
Posted by shawnlsu
Member since Nov 2011
23682 posts
Posted on 1/18/21 at 3:20 pm to
quote:

20 hour work week

Fine with me. I'll happily hire 5 more people, and have a total of 10 part-timers. All of who won't require benefits (health, paid time off, 401K etc), since they are all part-time.
Posted by nwacajun
St louis
Member since Dec 2008
1493 posts
Posted on 1/18/21 at 5:30 pm to
Should be what the market decides. Not the politicians. Government has destroyed virtually everything they have had control over.
Posted by meansonny
ATL
Member since Sep 2012
25652 posts
Posted on 1/18/21 at 5:35 pm to
quote:

Should be what the market decides. Not the politicians. Government has destroyed virtually everything they have had control over.


This times 10000

Id love to show what my healthcare was then and now to demonstrate how government enforced "affordable healthcare" does the exact opposite
Posted by FlexDawg
Member since Jan 2018
12812 posts
Posted on 1/18/21 at 5:41 pm to
quote:

I'm going to identify as a $100/hr employee


I think that’s what happened to the housing market in 2008
Posted by Diamondawg
Mississippi
Member since Oct 2006
32261 posts
Posted on 1/18/21 at 5:46 pm to
quote:

Why should we stop at $15/hr. I mean $100 and everyone can live comfortably. Right?


If they double minimum wage, then they should double everyone elses' salary. A worker that goes for $7.25 goes to $15 but a worker making $16 stays at $16. That just ain't right.
Posted by BiggerBear
Redbone Country
Member since Sep 2011
2923 posts
Posted on 1/18/21 at 6:27 pm to
quote:

The question is legitimate bc it shows the absurdity of the policy. If $15/hr will make everything "more stable", why don't we make it $30/hr or $50/hr that way we can all live in relative comfort?


No, it does not "show the absurdity of the policy." It only shows that no matter what someone decides to advocate as a minimum wage, someone will not like it AND argue that something way more extreme is absurd. An economic policy like the amount of the minimum wage is about hitting the right number. It's fine to argue that $15/hr is not the right number. But arguing that $100/hr is the wrong number does't say anything about $15/hr.
Posted by idlewatcher
County Jail
Member since Jan 2012
79209 posts
Posted on 1/18/21 at 6:27 pm to
quote:


I make way Less than than that and I have A 401k, house, car note, extra savings. Hobbies. I can afford childcare.


Since you’ve essentially advocated for socialism, why not just spare some of your check seeing as you want to be so charitable with everyone else’s money
Posted by shoestring
Member since Nov 2012
258 posts
Posted on 1/18/21 at 6:40 pm to
My wife makes 35hr teaching when you figure the actual hours she works. Does the waffleshop manager make that?
Posted by Tigers0918
Member since Feb 2020
1293 posts
Posted on 1/18/21 at 6:47 pm to
Because minimum wage should be somewhat close to a livable wage.

Look, if you believe there should be no minimum wage and companies should be allowed to pay people pennies a day if workers are willing, we will never see eye to eye.

I believe there should be a minimum wage, and I think it should slowly go up with inflation every few years. If it did, we wouldn't have these fights when it needs to jump a lot.

I believe it was $5.15 over 25 years ago which would be about $9 today.

I don't like a jump all the way to $15 and would prefer smaller jumps to get it higher.

It also has problems with places eoth higher cost of living. There is no reason a small town in the middle of nowhere needs $15 an hour minimum.
Posted by NPComb
Member since Jan 2019
27381 posts
Posted on 1/18/21 at 6:53 pm to
quote:

Because they’re trying to set a minimum wage not make everyone upper class.


That's already done by the state.

quote:

But you knew that right?
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/18/21 at 7:24 pm to
quote:

Look, if you believe there should be no minimum wage and companies should be allowed to pay people pennies a day if workers are willing, we will never see eye to eye.


Very few people that aren't high school age or college age make minimum wage or lower.

Yours is an emotional argument, ignorant of how economics works.

Raise minimum wage to some "living wage". Fine. Get ready for a side of fries to cost $30 at McDonalds, then you're back at people not making a living wage again, lol.


Printing paper money doesn't solve the problem of scarce resources, which is why minimum wage doesn't work.
This post was edited on 1/18/21 at 7:26 pm
Posted by Microtiger
Ithaca, New York
Member since Nov 2010
1435 posts
Posted on 1/18/21 at 7:32 pm to


I don't think minimum wage should stay exactly on pace with productivity, because minimum wage jobs themselves aren't they used to be.

But it ought to be closer than it is. There's a such thing as a place between $7 and $100, and the real argument is where that place should be right now. This whole thread is stupid, you could pick any policy that Dems and Reps disagree about, stretch it to the extreme, and act like a fool about it.

"Anyone who is for states' rights tell me why we shouldn't jump straight to dissolving the union!"

There's not a lick of actual discussion in that, it's just stupidity.
This post was edited on 1/18/21 at 7:33 pm
Posted by BiteMe2020
Texas
Member since Nov 2020
7284 posts
Posted on 1/18/21 at 7:35 pm to
quote:

But it ought to be closer than it is. There's a such thing as a place between $7 and $100, and the real argument is where that place should be right now.


The market sets the rates.

And thanks to the ability to oversea jobs, wages in the US have been suppressed.

Raise MW, and get ready for new outsourcing.

Minimum wage is a horrible policy, and very few people are actually making that little money now, and 40% of them are kids.
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