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Old November 19th, 2013, 08:40 PM   #41
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And when something is too low, demands curves slope upwards, such as the demand for a realistic minimum wage. Support for a $9 minimum wage is pretty damn high right about now, and since it has been pointed out that only 5% make today's minimum, they sure do have a lot of sympathizers.

Poll: Most back $9 minimum wage - Jose DelReal - POLITICO.com
That two don't mix. The free market determines prices based on demand, the free market determines if minimum wages organically increase. You are trying to mix the government artificially increasing minimum wage with market demand.

The wage isn't low in real dollars because the 65 year average is $6.60 per hour.
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Old November 19th, 2013, 08:45 PM   #42
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Minimum wage is an entry level wage.. if you do good work and preform well you don't make minimum wage.

The reason why minimum wage lags behind is because Unions chose to tie there wages to the minimum wage

if there is a minimum wage increase of 10% that is 75 Cents for the poor worker,, but a ~$2.30 cent increase for the union worker.


minimum wage was not created to help the poor it was a way Politicians could reward unions when they licked the politicians boots.
Nice and all, but that didn't answer the question.

It is true that the minimum wage was a union-backed effort, but that was due in part to the piss-poor wages paid out by the sweatshops of the time. I'm not so sure it had a whole lot to do with politicians given the fact that at time all of these fights over labor right exploded, unionizing wasn't very popular.
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Old November 19th, 2013, 08:48 PM   #43
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Nice and all, but that didn't answer the question.

It is true that the minimum wage was a union-backed effort, but that was due in part to the piss-poor wages paid out by the sweatshops of the time. I'm not so sure it had a whole lot to do with politicians given the fact that at time all of these fights over labor right exploded, unionizing wasn't very popular.
It was an FDR federal overreach.
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Old November 19th, 2013, 08:51 PM   #44
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Originally Posted by mikelew007 View Post
Nice and all, but that didn't answer the question.

It is true that the minimum wage was a union-backed effort, but that was due in part to the piss-poor wages paid out by the sweatshops of the time. I'm not so sure it had a whole lot to do with politicians given the fact that at time all of these fights over labor right exploded, unionizing wasn't very popular.
No it was a way for unions to get paybacks from politicians.

Thus to make the poor poorer, and the unions more powerful.


rememvber only 4 workers out of 100 make minimum wage.


So raising the minimum wage will only help 1 out of 4.

Making wages negotiable with no minimum helps 100 out of 100 workers.
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Old November 19th, 2013, 08:52 PM   #45
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It was an FDR federal overreach.
We'll have to disagree on that, but it is 75 years too late to fight that fight.
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Old November 19th, 2013, 09:00 PM   #46
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We'll have to disagree on that, but it is 75 years too late to fight that fight.
And where did the authority come from?
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Old November 19th, 2013, 09:06 PM   #47
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That two don't mix. The free market determines prices based on demand, the free market determines if minimum wages organically increase.
The latter is moreso determined by employers and the corporate hierarchy than the invisible hand of the free market. Americans by a large majority support a minimum wage increase to $9/hour, which would cover more than those 5% that has been suggested, but that's obviously not getting into the ears of employers or the free market. Taking inflation into account, nobody is listening to the market.

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The wage isn't low in real dollars because the 65 year average is $6.60 per hour.
The wage is low however in the context of inflation and our standard of living. In 1968 when the minimum wage was increased to $1.50 an hour, that would have been worth $9.47 in 2007 dollars, and at that time it was at $5.15. If we had indexed the minimum wage to inflation, it would have been worth a little over $10.50 in 2013 dollars.
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Old November 19th, 2013, 09:07 PM   #48
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IT, You put Abortion on your Top 20 issues facing America, then came on practically saying it's a non issue in your opinion. So is it on the list or not?
Oh, it's an issue. Look at the bandwidth it gets on DTT.

Under our system of government, laws are to assure that your personal business is your business as long as it doesn't interfere with my personal business and vice versa.

Under our system of government, laws requiring abortion against one's will would be a travesty and totalitarian.

Under our system of government, laws denying abortion against one's will would be likewise.

It's a personal choice, a personal determination.
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Old November 19th, 2013, 09:09 PM   #49
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My position does not do anything to anyone. Yours does...your vote is to kill children.
Yeah, I know. You think your opinion is the correct opinion. Great. You're welcome to hold that opinion.
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Old November 19th, 2013, 09:15 PM   #50
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Abolish Federal Reserve Bank Cartel
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I said that in post #26
These posts have been duly recorded by the Central Scrutinizer.
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