Topic: Minimum Wage?
no photo
Sat 05/24/14 11:32 AM




George Carlin was a political comedian making a poitical joke

15 hour is far from the 'nothing' he mentions

15 hour is a full tank of gas in the first two hours , as opposed to the first four,,,,,30 hour would be, obviously, only one hour of work to fill the tank,,,, so one can get back and forth to work the remaining hours,,,,


$30 for a tank of gas, are you based in reality. At first I thought maybe Dirty Harry had suckered the rest of the US to pay part of Nevada's bill but he didn't. Let's see the cheapest gas seems to be Pahrump at $3.53 with Vegas being 2 cents higher at $3.55. The average small car has a 12 gallon tank, but even a 10 gallon fill-up would be over $35. Personally, just looking at a gas station is $75.

But of course, with all that extra cast floating around and with the possible reduction in goods available due to increased unemployment, then comes inflation which by the way gas doesn't count in CPI anymore so it's rise doesn't register on the index. Won't take long till gas back to $5. Now what?


what?

gas prices aren't determined by minimum wage,,,,,,laugh

and Id like to see PROOF of this theory that a hike in minimum wage LEADS to some form of inflation that would affect the price of gas,,,


what do you think Higher Prices are?
And how do you think Prices are determined?laugh


She doesn't have a clue, prefers to ignore any and all facts not related to entitlement.

no photo
Sat 05/24/14 11:32 AM



You dont need competitive wages for unskilled labor. The reason they pay so low is anyone can do it and anyone is easily replaced.


all labor is a skill,, whether it is a common skill or not is irrelevant

I understand wage should be commiserate with work, but even that is not the reality

who says a teacher isn't doing something that not everyone can do, and an entertainer too, but why would one make so much more than the other? because of being able to COMPETE based upon their PERSONAL Contribution to THEIR employer and their employers profits,,,

time is money, time and energy should be compensated,,,,


or,as in the case of a Minimum Wage,mostly Over-compensated!


More like, using her definition, breathing is a skill.

Conrad_73's photo
Sat 05/24/14 11:32 AM


You dont need competitive wages for unskilled labor. The reason they pay so low is anyone can do it and anyone is easily replaced.


all labor is a skill,, whether it is a common skill or not is irrelevant

I understand wage should be commiserate with work, but even that is not the reality

who says a teacher isn't doing something that not everyone can do, and an entertainer too, but why would one make so much more than the other? because of being able to COMPETE based upon their PERSONAL Contribution to THEIR employer and their employers profits,,,

time is money, time and energy should be compensated,,,,


or,as in the case of a Minimum Wage,mostly Over-compensated!

msharmony's photo
Sat 05/24/14 12:10 PM
Edited by msharmony on Sat 05/24/14 12:12 PM
over compensated based upon what?

in 1968 ,

a gallon of gas was 34Cents
the cost of a new home was 26000
and the average income was 7.8 grand
http://www.1960sflashback.com/1968/economy.asp


minimum wage was 1.60

put in perspective, that means

the 'average' income was 3.75 per hour

the minimum wage was 42 percent of the average

one could get a gallon of gas with (average) ten minutes of work
and 20 minutes for minimum wage

one would need three and 1/3 a years earnings to own a home(Average), or nearly 8 years earnings on minimum wage




, FAST FORWARD TO TOAY

federal minimum wage is 7.25

average income is 40, 563 (19.50 per hour)
http://finance.townhall.com/columnists/politicalcalculations/2013/09/29/what-is-your-us-income-percentile-ranking-n1712430/page/full

the minimum wage is 37 percent of the average
gallon of gas (average) is 3.56
and the average price of a new home is 311,400

put in perspective, that means

a gallon of gas is (roughly) 12 minutes labor(average)
30 minutes labor on minimum wage
and it takes an average of 7.7 years earnings to own a home
and 20 years for minimum wage

considering, another way
in almost 50 years, the price of gas is ten times what it was
the average home is 12 times as much
and the average income is five times as much
and the minimum wage is 4.5 times as much



exactly who is REALLY being 'overcompensated'?








no photo
Sun 05/25/14 11:17 AM

exactly who is REALLY being 'overcompensated'?


Let's see, 4.3% or about 3 million working for minimum wage, so probably about 2.7 million are being paid well beyond their worth.

Chazster's photo
Mon 05/26/14 02:49 PM

over compensated based upon what?

in 1968 ,

a gallon of gas was 34Cents
the cost of a new home was 26000
and the average income was 7.8 grand
http://www.1960sflashback.com/1968/economy.asp


minimum wage was 1.60

put in perspective, that means

the 'average' income was 3.75 per hour

the minimum wage was 42 percent of the average

one could get a gallon of gas with (average) ten minutes of work
and 20 minutes for minimum wage

one would need three and 1/3 a years earnings to own a home(Average), or nearly 8 years earnings on minimum wage




, FAST FORWARD TO TOAY

federal minimum wage is 7.25

average income is 40, 563 (19.50 per hour)
http://finance.townhall.com/columnists/politicalcalculations/2013/09/29/what-is-your-us-income-percentile-ranking-n1712430/page/full

the minimum wage is 37 percent of the average
gallon of gas (average) is 3.56
and the average price of a new home is 311,400

put in perspective, that means

a gallon of gas is (roughly) 12 minutes labor(average)
30 minutes labor on minimum wage
and it takes an average of 7.7 years earnings to own a home
and 20 years for minimum wage

considering, another way
in almost 50 years, the price of gas is ten times what it was
the average home is 12 times as much
and the average income is five times as much
and the minimum wage is 4.5 times as much



exactly who is REALLY being 'overcompensated'?









Except land and gas are non renewable resources, labor isn't.

msharmony's photo
Mon 05/26/14 03:00 PM
my life isnt renewable, noones is

technology advances and so do our fuel resources,,,this is still no excuse to so highly overcompensate the ceos, oil moguls, etc,,, and undervalue underpay people who make theirs and our lives more 'convenient' with their 'renewable' labor,,,

Chazster's photo
Mon 05/26/14 03:02 PM

my life isnt renewable, noones is

technology advances and so do our fuel resources,,,this is still no excuse to so highly overcompensate the ceos, oil moguls, etc,,, and undervalue underpay people who make theirs and our lives more 'convenient' with their 'renewable' labor,,,


I never said your life. I said labor. Not to mention you just basically showed that you don't know what renewable is.

msharmony's photo
Mon 05/26/14 03:04 PM
and how did I do that?

what did I say that was incorrect?

is life renewable?

does technology not advance and advance our resources as well?



Chazster's photo
Mon 05/26/14 03:11 PM

and how did I do that?

what did I say that was incorrect?

is life renewable?

does technology not advance and advance our resources as well?





What you are saying is akin to saying, if I eat this strawberry then it will no longer exist and so strawberries are nonrenewable. Renew-ability has to do with the thing itself and not a single instance of it. People are renewable because you can make more.

Is your individual life renewable is a different matter and up for debate. Buddhists, scientologists, and others think it is. That, however, is beyond the realm of science.

msharmony's photo
Mon 05/26/14 03:13 PM


and how did I do that?

what did I say that was incorrect?

is life renewable?

does technology not advance and advance our resources as well?





What you are saying is akin to saying, if I eat this strawberry then it will no longer exist and so strawberries are nonrenewable. Renew-ability has to do with the thing itself and not a single instance of it. People are renewable because you can make more.

Is your individual life renewable is a different matter and up for debate. Buddhists, scientologists, and others think it is. That, however, is beyond the realm of science.


true

as is true that my life is not renewable

and that people should be valued when they are making life more convenient for others with their 'renewable' labor

and not disregarded because of how many people COULD be doing it,, the fact is , its THAT person who is doing it and should be appreciated and compensated enough to live in a decent manner for forty hours of that effort per week,,,


Milesoftheusa's photo
Mon 05/26/14 03:24 PM
Edited by Milesoftheusa on Mon 05/26/14 03:26 PM



and how did I do that?

what did I say that was incorrect?

is life renewable?

does technology not advance and advance our resources as well?





What you are saying is akin to saying, if I eat this strawberry then it will no longer exist and so strawberries are nonrenewable. Renew-ability has to do with the thing itself and not a single instance of it. People are renewable because you can make more.

Is your individual life renewable is a different matter and up for debate. Buddhists, scientologists, and others think it is. That, however, is beyond the realm of science.


true

as is true that my life is not renewable

and that people should be valued when they are making life more convenient for others with their 'renewable' labor

and not disregarded because of how many people COULD be doing it,, the fact is , its THAT person who is doing it and should be appreciated and compensated enough to live in a decent manner for forty hours of that effort per week,,,




we need a living wage. now when people get cost of living increases what does this mean for minimum wage?

at 20 an hour a 5% COL increase is 1 dollar for $8 dollar job is 40 cents.

Now we see a income gap change everytime their is any COL wage increase.

Why not a across the board wage and then both would get a dollar wage increase and our wages would stay more in check.


msharmony's photo
Mon 05/26/14 03:29 PM
actually 8 dollars to 20 is the same ratio as 8.40 to 21 dollars,,,

Milesoftheusa's photo
Mon 05/26/14 03:38 PM

actually 8 dollars to 20 is the same ratio as 8.40 to 21 dollars,,,


ok. what I am saying is when a percentage increase is given then the lower the wage the less the dollar amount increase between the 2. SS and its cola raise is based on this. so are many jobs. the more you make the more in real dollars you get as a raise. this futhers the poor and the middle class living wage in what they can buy.

Dodo_David's photo
Mon 05/26/14 04:25 PM
I am still waiting for someone to define "living wage".

no photo
Mon 05/26/14 06:28 PM


my life isnt renewable, noones is

technology advances and so do our fuel resources,,,this is still no excuse to so highly overcompensate the ceos, oil moguls, etc,,, and undervalue underpay people who make theirs and our lives more 'convenient' with their 'renewable' labor,,,


I never said your life. I said labor. Not to mention you just basically showed that you don't know what renewable is.


So you noticed also, always the same, why understand it just an "opinion", doesn't need facts.

no photo
Mon 05/26/14 06:28 PM

my life isnt renewable, noones is

technology advances and so do our fuel resources,,,this is still no excuse to so highly overcompensate the ceos, oil moguls, etc,,, and undervalue underpay people who make theirs and our lives more 'convenient' with their 'renewable' labor,,,


I guess there could be some things in this world to praise.

no photo
Mon 05/26/14 06:39 PM

we need a living wage. now when people get cost of living increases what does this mean for minimum wage?

at 20 an hour a 5% COL increase is 1 dollar for $8 dollar job is 40 cents.

Now we see a income gap change everytime their is any COL wage increase.

Why not a across the board wage and then both would get a dollar wage increase and our wages would stay more in check.


Why, are you asserting some entitlement to live? Is there something that says another owes you some substance?

And by the way did you bother doing the math, of course not. $20 is 2.5 times $8. $21 is 2.5 times $8.40 so where did things change?

And if you don't like your $8 an hour, how about getting a new job or is it that you aren't considered for that better paying job that is the issue? Need the government to coerce that promotion for you!!!

no photo
Mon 05/26/14 06:39 PM

I am still waiting for someone to define "living wage".


A wage determined at the barrel of a gun because the idiot wanting it is not worth that much otherwise.

no photo
Mon 05/26/14 06:46 PM


actually 8 dollars to 20 is the same ratio as 8.40 to 21 dollars,,,


ok. what I am saying is when a percentage increase is given then the lower the wage the less the dollar amount increase between the 2. SS and its cola raise is based on this. so are many jobs. the more you make the more in real dollars you get as a raise. this futhers the poor and the middle class living wage in what they can buy.


No, that is not what you are saying. What you are saying is that if I wanted to give a valued employee a raise, then I would need to give that same dollar amount to one not so worthy making them even more worthless.

So the good news Mr. $8 an hour, I giving you a raise to $9 an hour. The bad news is your fired because your cost just exceeded your worth.

By the way if you really want to know what you are really worth, go into business for yourself, you will find out quickly.