President Trump has an easy win in 2020

[watisthis]

You better get back to work..............................I see cars pulling up in the drive thru.

I do well enough working a day job and studying charts.

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[K4fxd]

When you have to pay a burger flipper 40K per year the owner of the burger joint will hire fewer people and automate everything possible. Notice all the self-help machines at McDonald's.

The low paying entry-level jobs are traditionally filled by high school kids. They learn job skills and when they graduate either go to college or trade school and continue with a part-time job. When they graduate college or trade school they get a job that can support a family.

 

[watisthis]

When you have to pay a burger flipper 40K per year the owner of the burger joint will hire fewer people and automate everything possible. Notice all the self-help machines at McDonald's.

The low paying entry-level jobs are traditionally filled by high school kids. They learn job skills and when they graduate either go to college or trade school and continue with a part-time job. When they graduate college or trade school they get a job that can support a family.

That's a great way of saying: "I acknowledge that your current job needs to be done, but I think whoever does that job deserves to be in poverty no matter your age."

The economy dictates what sorts of jobs are available to the population. Especially in poorer areas, or more densely populated areas. All some can afford is a minimum wage job. How can they go to school or get job training when they don't have the time, money, or credit to do so? What if they don't have a car and can only walk to the convenience store down the street to work the night shift there?

Imagine you're a poor person with a high-school level education living in the inner city. What would you do to get a better job than minimum wage, and how would you make that happen? Explain where the time, money, and transportation comes from for you to get it. Now multiple that by the number of adults working minimum wage because they need money to survive. Now account for inflation devaluing the dollar while minimum wage rarely went up, working more for less money.

Moreover, the minimum wage wasn't originally created to be for 'entry-level' jobs. You used to be able to earn a solid living and support your family, working in retail and in foodservice. It wasn't made for teens, it was made for people who wanted to be able to live.

 

[K4fxd]

When I started working minimum wage was 1.90 per hour. It definitely was not enough to live on much less support a family.

If you are in your mid to late 20's and the only job you can get is minimum wage you need to look in the mirror and figure out what you are doing wrong.

 

[watisthis]

When I started working minimum wage was 1.90 per hour. It definitely was not enough to live on much less support a family.

If you are in your mid to late 20's and the only job you can get is minimum wage you need to look in the mirror and figure out what you are doing wrong.

Get off the 'personal responsibility' bullshit excuse.

The history is simple; the minimum wage was first passed with the purpose of providing a full-time worker the ability to support himself and a family. The federal minimum wage in the US was set at 0.25$ per hour in 1938. It was not tied to inflation and has to be increased by law. The term 'act of congress' is often used to describe a massive and nearly impossible action; in this case, it is both literal and figurative truth.

There are a number of people who seem to think that the minimum wage was never meant to be other than you describe it. They are wrong. The minimum wage is just that, the minimum acceptable wage that a full-time worker can make and be able to subsist without assistance.

"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country." President FDR

The minimum wage was installed to ensure that all workers in the US would be able to live independently on their wages. The permanence of a minimum wage provides all other workers with useful bargaining leverage, increasing wages throughout. Historically this typically results in a redistribution of wealth from owners to workers, which always results in an overall improvement in economic growth as workers are also consumers. https://www.cepr.net/2014-job-creation-in-states-that-raised-the-minimum-wage/

In the US minimum wage has become stagnant, falling to reflect inflation. A large part of that is the misconceptions I keep seeing you and others make. Minimum wage is not 'earned solely by teenagers.' Nor can any rational person assume that anyone doesn't deserve to live comfortably on 40 hours a week. If you think otherwise you're a pos and I hope you become homeless and are never able to be able to afford anything nice again.

These, fairly recent, opinions have been encouraged by business owners who have little incentive to pay their workers a reasonable wage, so long as there is an army of unemployed and underemployed willing to do the same job. The minimum wage subverts that desire.

Simply put, an owner pays as little as he can for the work. The rarer a laborer's skills are (not how skilled or useful he is, the owner never pays anyone he doesn't have to) the more he can charge because he is difficult to replace. Minimum wage established a floor, as do overtime requirements and other fair labor standards.

The minimum wage has nothing to do with whether or not someone 'deserves' to be paid for their work. Your boss will never pay you more than he has to, that is the fundamental premise of a free market. A minimum wage says that no matter how little he wants to pay you, he should still pay you enough to live on. It is also a simple economic sense, it saves money that would go to the public welfare to support people who are employed. It is a decision by society as a whole that no one who is willing and able to work should find themselves in poverty.

All that being said, the shareholder prefers that money goes to his bottom line, and not into wages. So he fights any increase tooth and nail. The misconceptions throughout, and the insane anger focused on those one rung lower on the socio-economic ladder, is one tool to avoid it. Another is spreading misinformation, also found plentiful, such as lawmakers claiming that increasing minimum wage dampens, rather than strengthen, the local economy.

And the last is simple apathy since the minimum wage is not tied to inflation it becomes increasingly trivial as time goes by. After a while it becomes, as it has now, a poverty wage. As you basically say 'I acknowledge that your current job needs to be done, but I think whoever does that job deserves to be in poverty.'

Lastly, any argument against a minimum living wage is either intellectually dishonest or ethically abhorrent.

 

[Caballus]

Lastly, any argument against a minimum living wage is either intellectually dishonest or ethically abhorrent.

The desired outcome is clear and unarguable.

However, there are other methods.

Switzerland has no minimum wage.

Nor do Sweden, Iceland, Denmark or Norway, which some consider socialist...

 

[Gregs24]

Your response only proves the truth of my post: you are a but an interloper...looking to criticize what you have no knowledge of. Second hand "hearsay" from your "U.S Citizen" friends doesn't count for...or amount to...anything of significance. And pardon the ancestors of the USA for "eventually turning up"...perhaps they should have waited until Germany completely leveled the entire nation...before "turning up." And "my ranting" as you call it is due to your constant criticism of the USA and its citizens, when your knowledge is minuscule or zero. You are but a "liberal troll" only seeking to criticize the USA, its citizens and the current POTUS.

We will have to agree to disagree, assuming you can even manage to agree on that !

 

[Gregs24]

. North Carolina is quickly deteriorating into quite a liberal state....

LMAO !

furthermore, you and Gregs24 don't have the ability to "call out morons"...because both of you are morons. A moron can't call out another moron...because they are both morons. Think about it...

I am thinking about it and it all seems a bit stupid to me

 

[lonegunman]

Moreover, the minimum wage wasn't originally created to be for 'entry-level' jobs. You used to be able to earn a solid living and support your family, working in retail and in foodservice. It wasn't made for teens, it was made for people who wanted to be able to live.

Again, spouting crap not facts, typical of some people who vote commie every election. You are sooooo full of crap like the rest of the Biden butt lickers posting here.


The average retail or drug store clerk in 1956 made $1.23 per hour...................................adjusted for inflation that is $11.83 per hour. Far below the $15 buck an hour horse shit pushed by idiots today. I'm sure the Dept of Labor lied in 1955 because Eisenhower was president or some other lefty loon bullshit will be spouted shortly.

https://fraser.stlouisfed.org/title...er-1956-drug-stores-proprietary-stores-495723

CPI Inflation Calculator
$ 1.23 in 1956 has the same buying power as

$11.83 in 2020

https://www.bls.gov/data/inflation_calculator.htm

People "who wanted to live" got skilled trades and stopped smoking weed and sitting on street corners pissing and moaning about the government needing to fed and house them like sheep or chattel. Building trades in 1956 averaged $2.76 or $ $26.45 an hour adjusted for inflation. As always idiots at the bottom seem to value themselves far higher than people with education, training, skills and years of experience. That is not how wages work, you get paid for the skill not for the hours you spent sitting like a bump on a log waiting for the drive thru window to ding.

https://fraser.stlouisfed.org/title...rical-statistics-1907-1952-5265?start_page=73

Minimum wage was intended to make employers pay more than sustenance pay to workers in low paying jobs. Originally it was .25 cents an hour in the 1930's and adjusted for inflation is still under $9 bucks an hour. $15 an hour is something pulled from Karl Marx's ass for no particular reason.


If only you had a fact to back up your bullshit.................................that would be amazing.

 

[lonegunman]

 

[watisthis]

The average retail or drug store clerk in 1956 made $1.23 per hour...................................adjusted for inflation that is $11.83 per hour. Far below the $15 buck an hour horse shit pushed by idiots today. I'm sure the Dept of Labor lied in 1955 because Eisenhower was president or some other lefty loon bullshit will be spouted shortly.

What was the cost of living then to now? Are you so completely intelligently dishonest that you are not accounting for that or are you just dumb as a brick?

Just look at the 1950s hours of minimum wage labor a month to pay for average rent. Now compare that to 2019.

https://fred.stlouisfed.org/series/A794RX0Q048SBEA/

If the federal minimum wage in 1968 had kept up with inflation/cost of living and productivity (which has tripled since 1968), it would be 22$ an hour. Instead, it's 7.25.

That means people have to put in three times as many hours to earn what one person in 1968 earned on a normal 40-hour workweek

Minimum wage was intended to make employers pay more than sustenance pay to workers in low paying jobs. Originally it was .25 cents an hour in the 1930's and adjusted for inflation is still under $9 bucks an hour. $15 an hour is something pulled from Karl Marx's ass for no particular reason.

No, https://takingnote.blogs.nytimes.com/2014/03/07/f-d-r-makes-the-case-for-the-minimum-wage/

If only you had a fact to back up your bullshit.................................that would be amazing.

What facts are you looking for? Perhaps you should read https://www.econlib.org/library/Smith/smWN.html, https://www.amazon.com/Capital-Twen...&keywords=capital+in+the+twenty-first+century, and https://www.amazon.co.uk/Rights-Man-Dover-Thrift-Editions/dp/0486408930

 

[lonegunman]

What was the cost of living then to now? Are you so completely intelligently dishonest that you are not accounting for that or are you just dumb as a brick?

Just look at the 1950s hours of minimum wage labor a month to pay for average rent. Now compare that to 2019.

https://fred.stlouisfed.org/series/A794RX0Q048SBEA/

If the federal minimum wage in 1968 had kept up with inflation/cost of living and productivity (which has tripled since 1968), it would be 22$ an hour. Instead, it's 7.25.

That means people have to put in three times as many hours to earn what one person in 1968 earned on a normal 40-hour workweek



No, https://takingnote.blogs.nytimes.com/2014/03/07/f-d-r-makes-the-case-for-the-minimum-wage/

Picking a year that works for, you, Uncle Joe and Karl Marx......................no real surprise there. You would not have an original thought in your head for love or money. Keep digging deep on the Biden website for more leftist facts.

https://www.aei.org/carpe-diem/joe-bidens-flawed-logic-of-a-1968-minimum-wage-hike/

" The chart above shows the history of the nominal and real minimum wage (in constant 2013 dollars) from 1938 to 2013, and reveals why Biden (and other supporters of the minimum wage) would pick the year 1968 to make a case for a higher minimum wage – that year’s inflation-adjusted minimum wage at $10.66 per hour was the highest in the history of the minimum wage back to 1938 when it was first enacted."



https://www.census.gov/hhes/www/housing/census/historic/grossrents.html
Median Gross Rents: Unadjusted

1940 onward .. 2000 1990 1980 1970 1960 1950 1940

United States $602 $447 $243 $108 $71 $42 $27


Same with your rent bullshit,,,,,,,,,,,,,,,as always Karl Marx gets it wrong.

 

[watisthis]

Picking a year that works for, you, Uncle Joe and Karl Marx......................no real surprise there. You would not have an original thought in your head for love or money. Keep digging deep on the Biden website for more leftist facts.

https://www.aei.org/carpe-diem/joe-bidens-flawed-logic-of-a-1968-minimum-wage-hike/

" The chart above shows the history of the nominal and real minimum wage (in constant 2013 dollars) from 1938 to 2013, and reveals why Biden (and other supporters of the minimum wage) would pick the year 1968 to make a case for a higher minimum wage – that year’s inflation-adjusted minimum wage at $10.66 per hour was the highest in the history of the minimum wage back to 1938 when it was first enacted."



https://www.census.gov/hhes/www/housing/census/historic/grossrents.html
Median Gross Rents: Unadjusted

1940 onward .. 2000 1990 1980 1970 1960 1950 1940

United States $602 $447 $243 $108 $71 $42 $27


Same with your rent bullshit,,,,,,,,,,,,,,,as always Karl Marx gets it wrong.

https://www.econtalk.org/dean-baker-on-the-crisis/
https://www.theguardian.com/commentisfree/cifamerica/2011/jan/17/economics-globalrecession
https://www.pewresearch.org/fact-ta...lation, the,its purchasing power to inflation.
https://en.wikipedia.org/wiki/Marginal_revenue_productivity_theory_of_wages
https://www.bls.gov/opub/btn/volume...e-labor-productivity-and-compensation-gap.pdf

Also, read the books I mentioned earlier.

 

[Jetnoise]

When I started working minimum wage was 1.90 per hour. It definitely was not enough to live on much less support a family.

If you are in your mid to late 20's and the only job you can get is minimum wage you need to look in the mirror and figure out what you are doing wrong.

1.90?
Wow
1960 a car cost what ?
1960 a home in KY cost what?
You should have moved cuz you didn’t look in the mirror either.
That 1.90 in today’s money is what? let me guess covid19 virus micron size?

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