H.R. 582, “Raise the wage act” is a good bill, but opponents of the bill will refrain from mentioning the minimum hourly rate will not be $15 until 7th year after the bill's passage.
In the likely case that it's not passed through and added to our federal statutes, I urge U.S. Congressional members to continue striving and pass a bill that would increase the minimum wage rate by 12.5% of its purchasing power until it attains 125% of its February-1968 purchasing power. Thereafter the rate should be monitored and annually adjusted to retain that purchasing power.
Respectfully, Supposn
Truth Detector (07-24-2019)
Clearly you do not understand that the vast majority of minimum wage earners are below 25 years old. The original minimum wage was in response to sweat shops after the industrial revolution. Today the minimum wage allows small businesses to hire unskilled workers so they can learn a skill, and move up the wage ladder. Very few people stay at the minimum wage so your moronic ideas would only serve to raise the unemployment rates for unskilled workers and force many small businesses to hire less people or go out of business. A perfect example is
"Businesses fail all the time for all kinds of reasons. But when Restaurants Unlimited filed for Chapter 11 bankruptcy protection last week, people noticed. The company owns 35 upscale restaurants located primarily on the West Coast, including seven in Seattle.
In its filing, it declared, “Over the last three years, the company’s profitability has been significantly impacted by progressive wage laws along the Pacific coast…the result was to increase the company’s annual wage expenses by an aggregate of $10.6 million.”
It went on to cite three examples where minimum wages have risen dramatically over the last three years. Portland now requires $12.50 an hour, an increase of 35 percent. San Francisco’s minimum wage has climbed 41 percent to $15.59 per hour. And Seattle, the first city with a $15 minimum wage, now forces large employers to pay at least $16 an hour.
Restaurants Unlimited, which is based in Seattle, did raise menu prices and even added a living wage surcharge to bills. But it still lost money."
https://www.foxnews.com/us/restauran...for-bankruptcy
So sport there is more to it than just paying more money.
Truth Detector (07-24-2019)
Grumpy, you're not considering the economic concept of wage differentials. Due to wage differentials, all USA wages are some extent affected by the federal minimum wage rate; you're not considering the proportion of the lower-wage earning adults over the age of 25 that may or may not have yet risen above the working-poor bracket, but statistically they'll never rise beyond the lower wage-rate bracket.
Are you only considering full-time employees earning precisely the minimum wage rate?
I'm not a statistician but I would suppose for the bottom fifth of USA's full-time employees' portion of USA's population, the federal minimum wage rate's effects upon their employment earnings' range from extremely-critical to critical.
That leads me to suppose for no less, but possibly more than 40% of USA's full-time employees', the federal minimum wage rate's effects upon their earnings ranges from extremely-critical to very-important.
Respectfully, Supposn
First off you are completely wrong .3% of hourly wage earners over 25 earn minimum wage. You are a utopian who doesn't seem to understand that as peoples job skills grow they move up the wage ladder. Yes some don't but life is not fair and there are winners and losers. No matter how you try you will always havewinners and losers.
Truth Detector (07-24-2019)
Grumpy, if an employee earns $8.40 per hour, they're earning more than the federal minimum esge rate, but their wage rate was to some critical extent affected by the minimum-wage. Their employer would not be paying them $8.40 per hour if there was no legally mandated minimum rate. The $7.25 minimum had a critical effect upon their $8.40 per hour wage rate. A full-time employee working for $8.40 per hour is well within the working-poor wage rate bracket.
Re-read post number #5. You apparently read it quickly.
I did not state that 20% of USA's full-time employees are working for exactly $7.25 per hour.
I did state that 20% of USA's full-time employees are at or near the working-poor level. Their wage rates are within the range of extremely critically to critically affected by the federal minimum wage rate.
Respectfully, Supposn
How can you be so woefully misinformed? In my area of the Fla panhandle not one I repeat not one kid working fast food restarants earns the state minimum wage which is higher than the fed. All earn above. That is just one example.
So believe what you will but in my opinion you are wrong.
Truth Detector (07-24-2019)
The best thing is to eliminate it.
Second best is to have a separate for school age kids.
"Those who vote decide nothing. Those who count the vote decide everything." Joseph Stalin
The USA has lost WWIV to China with no other weapons but China Virus and some cash to buy democrats.
Truth Detector (07-24-2019)
Celticguy, excerpted from https://www.dol.gov/whd/regs/compliance/whdfs32.pd
"Fact Sheet #32: Youth Minimum Wage - Fair Labor Standards Act
The 1996 Amendments to the FLSA allow employers to pay a youth minimum wage of not less than $4.25 an hour to employees who are under 20 years of age during the first 90 consecutive calendar days after initial employment. The law contains certain protections for employees that prohibit employers from displacing any employee in order to hire someone at the youth minimum wage. This fact sheet provides general answers to questions that may arise about the youth wage provisions".
Grumpy, so Florida's minimum is approximately $8.50/Hr. and I suppose the kids are earning $10 -$11/per hour where you are?
Then in your area, $11 per hour puts an employee in the working-poor bracket. Are you contending otherwise? What are you contending? Respectfully, Supposn
As usual rightys want their own facts. The min wage was designed to be a living wage . Who is on it? Average age is 35. Not a teen. Over half are beyond 20. 27 percent are parents . Most are women. Most are southerners. https://www.nytimes.com/2014/06/10/u...imum-wage.html
As usual rightys want their own facts. The min wage was designed to be a living wage . Who is on it? Average age is 35. Not a teen. Over half are beyond 20. 27 percent are parents . Most are women. Most are southerners. https://www.nytimes.com/2014/06/10/u...imum-wage.html
If a business fails when the min wage is increased, it is a lot more than just that. The other businesses are still going. Sounds like Trump saying the economy killed his casinos, but all the others are still in business. Just his went under.
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