Maybe if we raised their taxes these small businesses would still be there?Y'all realize these kinds of policies just empower the big corporations and hurt middle class, and lower class people right?
All of the "pro-worker" regulation helps Darden and YUM and hurts small business, further enlarging the capitalist divisions and growing inequality.
Too bad all those big companies didn't use all the money from the Trump tax cuts to make a difference.
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Source of the post
dodint
Tie the minimum wage to a consumer index and get rid of this charade altogether.
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Adjusted for inflation, $6.50 in 2005 is equal to $8.90 in 2021.
Adjusted for inflation, $7.50 in 2005 is equal to $10.27 in 2021.
Adjusted for inflation, $10.00 in 2005 is equal to $13.69 in 2021.
Adjusted for inflation, $11.00 in 2005 is equal to $15.06 in 2021
Adjusted for inflation, $7.50 in 2005 is equal to $10.27 in 2021.
Adjusted for inflation, $10.00 in 2005 is equal to $13.69 in 2021.
Adjusted for inflation, $11.00 in 2005 is equal to $15.06 in 2021
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Send them to college and overcharge them for AES support and more money back to government pockets. Nice, win-win.It's not just "paying people less", it's all kinds of different regulations that raise the cost of living on all kinds of goods/services that make x not go as far as it once could. This is all part of the consequences of the Federal Reserve policies which cause a kind of "silent inflation".Yeah. I'm not going to sit around and wait for Freddy to explain how paying people less emboldens the lower class. Taking a knee on this one.
Besides, why can't waiters just learn how to code? Maybe go to college or something.
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I wonder if there are any numbers between $7.50 and $15 that might be a good compromise
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$14.99I wonder if there are any numbers between $7.50 and $15 that might be a good compromise
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Sure is... $10 next year, $12.50 the year after that, $14 the year after that, $15 the year after that. Slow and steady. Compromise, good.I wonder if there are any numbers between $7.50 and $15 that might be a good compromise
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I actually would have been fine with $10 imo based on that inflation numbers I posted up there.I wonder if there are any numbers between $7.50 and $15 that might be a good compromise
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1. Find a compromise
2. Add annual inflation adjuster
3. F NAN?
4. Profit
2. Add annual inflation adjuster
3. F NAN?
4. Profit
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Can we move number 3 up?
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If you even believe in having a minimum wage, it should certainly go up with inflation. That seems like a no brainer. Should minimum wage be a livable wage? I suppose that's the question at hand, to which I say, "uhhhhh... duh?" But I understand that others feel differently.
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can we remove number 3? I'd rather not **** NAN
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I'm more on the side of the people when it comes to min. wage. I am firmly against college loan debt forgiveness for the most part.
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That shouldn't even be a question, IMO.Source of the post Should minimum wage be a livable wage? I suppose that's the question at hand
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I'm sure different people have different metrics but what is a considered a livable wage?
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I don't necessarily know if it should be a livable wage. If it's in-line with inflation, that's good enough for me.If you even believe in having a minimum wage, it should certainly go up with inflation. That seems like a no brainer. Should minimum wage be a livable wage? I suppose that's the question at hand, to which I say, "uhhhhh... duh?" But I understand that others feel differently.
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$14.99I wonder if there are any numbers between $7.50 and $15 that might be a good compromise
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Obviously livable is different from place to place in this large, diverse country of ours. The fed can't do much about that, which is why it's questionable for the federal government to step in to change that. That's up to the *gulp* FREEEEEEE MARKET!!!!!
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I look at minimum wage jobs as the lowest common denominator - what is the acceptable price someone should do this job, and if the national standard is tied with inflation, then you pick a rate and move on from there.
$7.50 or whatever it is now, would have been fine when they made the change if tied with inflation. It wasn't, that isn't good enough reason to not change it now, because Maria's essential oil shop isn't a great business model.
$7.50 or whatever it is now, would have been fine when they made the change if tied with inflation. It wasn't, that isn't good enough reason to not change it now, because Maria's essential oil shop isn't a great business model.
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The point of contention is what is/is not a liveable wage? If you make $15 because the feds raised your minimum, do you still get the benefit of all the other programs that put money in your pocket?If you even believe in having a minimum wage, it should certainly go up with inflation. That seems like a no brainer. Should minimum wage be a livable wage? I suppose that's the question at hand, to which I say, "uhhhhh... duh?" But I understand that others feel differently.
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... yes? I don't think I understand the question.The point of contention is what is/is not a liveable wage? If you make $15 because the feds raised your minimum, do you still get the benefit of all the other programs that put money in your pocket?If you even believe in having a minimum wage, it should certainly go up with inflation. That seems like a no brainer. Should minimum wage be a livable wage? I suppose that's the question at hand, to which I say, "uhhhhh... duh?" But I understand that others feel differently.
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People should receive whatever assistance they qualify for. If their income suddenly changes from $7.50/hr to $15/hr, I would assume they may no longer qualify for whatever assistance they were receiving. If they still qualify, then good on them.
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Yang is doing well
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People should receive whatever assistance they qualify for. If their income suddenly changes from $7.50/hr to $15/hr, I would assume they may no longer qualify for whatever assistance they were receiving. If they still qualify, then good on them.
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There's an interesting graph on this story from a few years ago that shows the decline in value of the minimum wage over the last 50-ish years.
The federal minimum wage has been eroded by decades of inaction
The federal minimum wage has been eroded by decades of inaction
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