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Thread: Minimum wage rates do not determine wage differentials.

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    Quote Originally Posted by Truth Detector View Post
    ...and the minimum wage law does nothing it was designed to do.
    The Fair Labor and Standards Act of 1938 did what it was intended to do at the time. Problem is the minimum wage was not tied to anything.

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    Supposn (10-01-2019)

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    Quote Originally Posted by Eagle-Eye View Post
    The Fair Labor and Standards Act of 1938 did what it was intended to do at the time. Problem is the minimum wage was not tied to anything.
    I know you keep saying that, but arbitrary minimum wage laws don't do what they are claimed to do.
    "When government fears the people, there is liberty. When the people fear the government, there is tyranny."


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    Quote Originally Posted by Nomad View Post
    Unless you just can't stand the idea of "ni**ers" teaching white kids.


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    Address the topic, not other posters.

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    Quote Originally Posted by cawacko View Post
    You are correct sir. I'm from Oakland, we don't speak the Queen's English.
    Yet Gonzomin's post was in quite clear American English.

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    Quote Originally Posted by rjhenn View Post
    Yet Gonzomin's post was in quite clear American English.

    Sent from my SM-G950U using Tapatalk
    Not too familiar with Oakland are you?

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    Quote Originally Posted by cawacko View Post
    Not too familiar with Oakland are you?
    Nope, should I be?

    Sent from my SM-G950U using Tapatalk
    RINO is the term for that rare Republican who puts country above party.

    Right wing = lie, lie, and lie some more.


    "When I am president I'm going to be working for you. I'm not going to have time to play golf" Donald J. Trump, world class snake oil salesman and compulsive golfer August 2016

    The definition of "racist" as "anyone who is white" is itself racist.
    Quote Originally Posted by Colin Powell
    It’s now ‘me the president’ instead of ‘we the people’

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    Quote Originally Posted by cawacko View Post
    Ok, which states have a lower minimum wage than the federal wage?
    Alabama has no min. wage. A couple of southern states just got to 7.25. Wyoming has a lower state rate.
    Last edited by Gonzomin; 09-30-2019 at 10:25 PM.

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    Quote Originally Posted by CFM View Post
    A minimum should't exist at all. If someone's skills are worth $2/hour, they should be paid $2/hour not $7.25/hour.
    The “race to the Bottom”.

    CFM, the wage rates of foremen, managers, supervisors, do not have much affect upon the rates of those they supervise, but wage rates of the “indians” certainly effect the rates paid to their chiefs. Due to wage differentials, the minimum wage has some indirect effect upon all other wage rates.

    The extent of the minimum's influence upon other job's rates are inversely related to the differences between the minimum and the jobs' rates. Lower job rates are more, and higher job rates are less affected by the minimum rate. (Where there's a scarcity of capable workers for any particular job, the minimum's affect is of no consequences).
    The minimum wage rate is applicable to the least desirable employee or applicant for the least challenging task.

    If the minimum rate laws were repealed, theoretical indefinite market determined minimum rates would emerge. Because someone can likely be found to perform some lesser challenging tasks for lesser wages, it's true that there would be more employment; but at extremely lesser wage rates for tasks that would not have justified the previously existing federal minimum wage rate. That's the devaluation of human labor, (i.e. wage rates “racing to the bottom”) that would likely too often occur.

    Remember, due to wage differentials, the federal minimum wage indirectly affects all other wage rates.
    Respectfully, Supposn

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    Quote Originally Posted by Eagle-Eye View Post
    The Fair Labor and Standards Act of 1938 did what it was intended to do at the time. Problem is the minimum wage was not tied to anything.
    Eagle-Eye, I agree.

    HR528 retains purchasing power by pegging it to the proprtional annual changes of USA's median wage rate. I haven't decided if that, or average wage rate, or average wage, or cost-price index would be preferable? But none of them are unacceptable. Respectfully, Supposn

    Quote Originally Posted by Supposn View Post
    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. ...

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    Quote Originally Posted by Supposn View Post
    The “race to the Bottom”.

    CFM, the wage rates of foremen, managers, supervisors, do not have much affect upon the rates of those they supervise, but wage rates of the “indians” certainly effect the rates paid to their chiefs. Due to wage differentials, the minimum wage has some indirect effect upon all other wage rates.

    The extent of the minimum's influence upon other job's rates are inversely related to the differences between the minimum and the jobs' rates. Lower job rates are more, and higher job rates are less affected by the minimum rate. (Where there's a scarcity of capable workers for any particular job, the minimum's affect is of no consequences).
    The minimum wage rate is applicable to the least desirable employee or applicant for the least challenging task.

    If the minimum rate laws were repealed, theoretical indefinite market determined minimum rates would emerge. Because someone can likely be found to perform some lesser challenging tasks for lesser wages, it's true that there would be more employment; but at extremely lesser wage rates for tasks that would not have justified the previously existing federal minimum wage rate. That's the devaluation of human labor, (i.e. wage rates “racing to the bottom”) that would likely too often occur.

    Remember, due to wage differentials, the federal minimum wage indirectly affects all other wage rates.
    Respectfully, Supposn
    No they don't. That's an excuse put forth by you "indians" in order to try and get more than you're worth. Your claim is that if you're paid a low wage, although it's equivalent and often greater than the skill set you offer, the wages of the "chiefs" is lower.

    I don't make a wage, boy. That's a concept for those unable or unwilling to do anything but be paid by the hour. Try improving your skills and that concept may sink in.

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    Quote Originally Posted by Gonzomin View Post
    Alabama has no min. wage. A couple of southern states just got to 7.25. Wyoming has a lower state rate.
    There shouldn't be a minimum wage. An employer should be able to pay someone providing a $1/hour skill set $1/hour.

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    Quote Originally Posted by rjhenn View Post
    It appears that English is not your native language. Get someone to explain Gonzomin's post to you.





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    Quote Originally Posted by Gonzomin View Post
    Alabama has no min. wage. A couple of southern states just got to 7.25. Wyoming has a lower state rate.
    I just googled Wyoming and it said $7.25 which is the same as the federal.

    I read five states don't have a minimum wage (which I admittedly was unaware) and thus default to the federal amount. But it's not like these states had a minimum wage and recently eliminated it. And a large number of cities and states have increased their minimum wage. So I'm not understanding your argument that there is this race to the bottom vis a vis the minimum wage.

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    Quote Originally Posted by Gonzomin View Post
    They do . Here are min wages by state., http://www.ncsl.org/research/labor-a...age-chart.aspx
    which of those are lower than the federal rate?

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    Quote Originally Posted by Gonzomin View Post
    Alabama has no min. wage. A couple of southern states just got to 7.25. Wyoming has a lower state rate.
    If a State doesn't have one, the default is the federal min wage

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    Quote Originally Posted by Superfreak View Post
    If a State doesn't have one, the default is the federal min wage
    Wyoming has a 5.15 min. If they have to pay 7.25 why do they have it? Does it have to do with the number of employees? Certain occupations and groups of employees are exempt from the Federal Min wage. There are people in the states with lower min wages, making less than 7.25.

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