I'm not economics expert, so can someone help me out here?

[Thorgrim]

you still didn't elaborate on your long time dream of working 40+ hours a week as a bagger

[ballz2wallz]

Originally Posted by Thorgrim

you still didn't elaborate on your long time dream of working 40+ hours a week as a bagger

Yes I did:

And you know what? I'll likely do the same thing. I'll likely teach part-time at a community college or small unviersity after I'm retired, not because I have to, but because I want to.

Read the posts please before you ruin these threads.

[Thorgrim]

Originally Posted by ballz2wallz

Yes I did:



Read the posts please before you ruin these threads.

so maybe in 40 years you'll spend a few hours a week talking to some kids with your thoughts on the field you worked in...just the same as bagging groceries for 40+ hours

[Pro Street]

Originally Posted by JaJae

You don't believe there are jobs worth less than $7.25 an hour and you feel it should be illegal to pay under such wages?

A 14 year old kid collecting carts from a parking lot needs a raise?

you still think those jobs are limited to only kids, and

you still continue to ignore my points. I'll repost it for you.

I can holler all day and say x causes y but there is no direct correlation between the two.

and you don't address the fact that

1) median income has increased
2) cost of living has increased
3) inflation has increased

so in other words, while everything has been getting more expensive, the pay has remained the same.

that means since that time there has been a profit differential between those that are paid a salary and those paid minimum wage. sure, we can hold back the minmum wage, and just let inflation and CoL continue to rise. Let's let that happen until those jobs pay so low that nobody takes them.

Then what happens? oh, that's right they need to raise the wages. eventually to... gasp... the new minimum wage (or roughly, we'll never know)

so what will you say then? will you bitch that businesses should underpay people to keep inflation down?

[Diesel66]

Originally Posted by Thorgrim

You are so out of touch, I have no idea how it happened you really need to write a book about it

What elderly person would POSSIBLY want to go work at wal-mart for fun...is that what people in your family do...go out and work for 45 years and then go to wal-mart?

every day you show how out of touch you are. Lets see, stay at home by yourself and slowly die vs doing an easy job/volunteering.

[kinggovernor]

Originally Posted by Pro Street

you still think those jobs are limited to only kids, and

you still continue to ignore my points. I'll repost it for you.

I can holler all day and say x causes y but there is no direct correlation between the two.

and you don't address the fact that

1) median income has increased
2) cost of living has increased
3) inflation has increased

so in other words, while everything has been getting more expensive, the pay has remained the same.

that means since that time there has been a profit differential between those that are paid a salary and those paid minimum wage. sure, we can hold back the minmum wage, and just let inflation and CoL continue to rise. Let's let that happen until those jobs pay so low that nobody takes them.

Then what happens? oh, that's right they need to raise the wages. eventually to... gasp... the new minimum wage (or roughly, we'll never know)

so what will you say then? will you bitch that businesses should underpay people to keep inflation down?

minimum wage has never been enough to be above the poverty line, and it never will be enough. If the job doesn't pay well enough then no one will work there, and the company then has two choices:
1. Offer better compenstation, which will likely raise interest in the job
2. Forget about it

[Thorgrim]

Originally Posted by Diesel66

every day you show how out of touch you are. Lets see, stay at home by yourself and slowly die vs doing an easy job/volunteering.

Yeah, being a grocer is volunteering...for a corporation to make a profit

What's next, should I "volunteer" to clean the toilets at Microsoft?

Why is the only other option "stay at home by yourself" are the elderly only capable of either working for a corporation or under house arrest?

[Thorgrim]

Originally Posted by kinggovernor

minimum wage has never been enough to be above the poverty line, and it never will be enough.

Speculation

[Diesel66]

Originally Posted by Thorgrim

Yeah, being a grocer is volunteering...for a corporation to make a profit

What's next, should I "volunteer" to clean the toilets at Microsoft?

Why is the only other option "stay at home by yourself" are the elderly only capable of either working for a corporation or under house arrest?

Do you have problems reading ?

let me repeat what I said in that post.

"Lets see, stay at home by yourself and slowly die vs doing an easy job/volunteering."

[Thorgrim]

Originally Posted by Diesel66

Do you have problems reading ?

let me repeat what I said in that post.

"Lets see, stay at home by yourself and slowly die vs doing an easy job/volunteering."

so if we don't send the elderly into forced labor, they're only option is to stay home all day for years and die alone

oh jees, I had no idea, it sure is going to be funny seeing Donald Trump bagging my groceries in a few years

[Diesel66]

Originally Posted by Thorgrim

so if we don't send the elderly into forced labor, they're only option is to stay home all day for years and die alone

oh jees, I had no idea, it sure is going to be funny seeing Donald Trump bagging my groceries in a few years

get back on the meds.

[JaJae]

Originally Posted by Pro Street

you still think those jobs are limited to only kids, and

No I don't. I have employed more minimum wage workers than you have probably had co-workers in your life. If they're not a kid and they're making minimum wage, they're on government assistance. Raise the minimum wage and you hurt their assistance. You increase inflation even further and you increase the unemployment rate... particularly in the entry-level positions. You also hinder certain businesses from getting off the ground because it is no longer as profitable.

you still continue to ignore my points. I'll repost it for you.

I can holler all day and say x causes y but there is no direct correlation between the two.

and you don't address the fact that

1) median income has increased
2) cost of living has increased
3) inflation has increased

And you can hollar all day and not be able to prove anything. Economics and experts all agree that increased minimum wage results in inflation. That's not debatable. What is debatable is how much inflation will occur.
1. Who cares
2. Who cares
3. Who cares
Most jobs don't pay minimum wage. And not all jobs should be paid to keep up with inflation, median incomes or cost of living. 5.15 an hour is plenty for many jobs in the American job market. 6.15 could be considered plenty. These numbers are arbitrary. Let the market dictate wages. That's what's best.

so in other words, while everything has been getting more expensive, the pay has remained the same.

that means since that time there has been a profit differential between those that are paid a salary and those paid minimum wage. sure, we can hold back the minmum wage, and just let inflation and CoL continue to rise. Let's let that happen until those jobs pay so low that nobody takes them.

Salary jobs will always pay more than minimum wage. If you'll never be able to keep up. Minimum wage is just that.. the absolute minimum a worker can be paid. Why do you feel there are jobs in existence in this country that need to be paid no less than $7.15 an hour?

Then what happens? oh, that's right they need to raise the wages. eventually to... gasp... the new minimum wage (or roughly, we'll never know)

so what will you say then? will you bitch that businesses should underpay people to keep inflation down?

I don't bitch about businesses doing anything as long as they're within their rights. The market should dictate wages. That's what's best for our economy and the poor.

[WickedLou9]

Originally Posted by ballz2wallz

Except for the fact that I am right, and the egg came first.

[ballz2wallz]

Originally Posted by WickedLou9

Except for the fact that I am right,

Naturally.

[Scrum]

Originally Posted by JaJae

If they're not a kid and they're making minimum wage, they're on government assistance. Raise the minimum wage and you hurt their assistance.

So you would rather they collect welfare than be paid a fair wage from the company that employs them?

Sounds pretty socialist to me.

Why should we pick up the slack so companies can earn more profit or employ more people?

Originally Posted by JaJae

You increase inflation even further and you increase the unemployment rate... particularly in the entry-level positions. You also hinder certain businesses from getting off the ground because it is no longer as profitable.

There is no evidence of job loss from the last minimum wage increase.

* A 1998 EPI study failed to find any systematic, significant job loss associated with the 1996-97 minimum wage increase. In fact, following the most recent increase in the minimum wage in 1996-97, the low-wage labor market performed better than it had in decades (e.g., lower unemployment rates, increased average hourly wages, increased family income, decreased poverty rates).

* Studies of the 1990-91 federal minimum wage increase, as well as studies by David Card and Alan Krueger of several state minimum wage increases, also found no measurable negative impact on employment.

* New economic models that look specifically at low-wage labor markets help explain why there is little evidence of job loss associated with minimum wage increases. These models recognize that employers may be able to absorb some of the costs of a wage increase through higher productivity, lower recruiting and training costs, decreased absenteeism, and increased worker morale.

* A recent Fiscal Policy Institute (FPI) study of state minimum wages found no evidence of negative employment effects on small businesses.

Minimum Wage Issue Guide: Facts at a Glance

[kinggovernor]

Originally Posted by Thorgrim

Speculation

over ruled

[kinggovernor]

Originally Posted by Scrumtralecent

So you would rather they collect welfare than be paid a fair wage from the company that employs them?

letting the government decide what is a "fair wage" sounds pretty communist to me

[Thorgrim]

Originally Posted by kinggovernor

letting the government decide what is a "fair wage" sounds pretty communist to me

letting the government decide what a "fair working condition" is sounds communist too i guess

[Scrum]

Originally Posted by kinggovernor

letting the government decide what is a "fair wage" sounds pretty communist to me

Government is an extension of society.


There are plenty of things they decide that I don't hear you complain about.


So then how do you feel about these people being subsidized by the public so their companies can have a better profit?