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Thread: Minimum wage rate and labors’ market prices.

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    Quote Originally Posted by Geeko Sportivo View Post
    We should be proud enough of American workers to set a better wage standard for them.

    If we aren't proud enough of our US workers- then what is the point of all this Bring Jobs Back Home- and MADE IN THE USA- and UNION SUCKS BULLSHIT ALL ABOUT? HUH?

    I don't think you can play it both ways.

    BASED ON RUNAWAY INFLATION, the minimum wage standard should be over $20 Buck and hour- If not $25.00 an hour.

    YOU CAN'T PAY THAT? YOU SHOULD BE RAN OUT OF BUSINESS FOR FOSTERING POVERTY!
    Those that can only make the minimum based on the low skill level they offer should set a better standard for themselves instead of demanding they get more than they're worth.

    Low skilled workers shouldn't be paid the current minimum. It's more than what they offer is worth.

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    Quote Originally Posted by CFM View Post
    Those that can only make the minimum based on the low skill level they offer should set a better standard for themselves instead of demanding they get more than they're worth.

    Low skilled workers shouldn't be paid the current minimum. It's more than what they offer is worth.
    You just have a poor disregard for low-income workers.

    Everybody has to start somewhere idiot! Even College degree-d people!

    BUT THEY SHOULD NOT BE TAKEN ADVANTAGE OF!

    LOOK AT THE COST OF HOUSING AND THE COST OF LIVING TODAY- IDIOT!

    EVERYONE NEEDS A RAISE ALL THE WAY UP THE LADDER- For everyone paid by the hour!

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    Minimum wage laws are price controls, and like any other price control, they lead to shortages...

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    Quote Originally Posted by Geeko Sportivo View Post
    You just have a poor disregard for low-income workers.

    Everybody has to start somewhere idiot! Even College degree-d people!

    BUT THEY SHOULD NOT BE TAKEN ADVANTAGE OF!

    LOOK AT THE COST OF HOUSING AND THE COST OF LIVING TODAY- IDIOT!

    EVERYONE NEEDS A RAISE ALL THE WAY UP THE LADDER- For everyone paid by the hour!
    Not at all. I have a poor disregard for low skilled workers that demand the government force employers to pay them more than their skills are worth.

    Yes they do have to start somewhere. Those will skills move up in position and pay while those refusing to better their skills continue to move very little and whine even more.

    If someone offers $5/hour skills and they're being paid $5/hour, that's not being taken advantage of, it's getting paid for what you offer.

    The difference is you want to give someone a raise without it having been earned and I expect them to earn it. I've had raises up the ladder and each of them was because I worked to climb that ladder not because I demanded a shorter ladder. I had a solution for increased costs. It was to earn more and do it faster than costs increased.

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    Quote Originally Posted by CFM View Post
    Every year a minimum wage worker continues to make minimum is another year they've failed to better their skills.
    You're so privileged that you can't even see how wrong you are.

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    Here's an idea. Have overtime pay begin at 35 hours instead of 40 hours.

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    Quote Originally Posted by CFM View Post
    Not at all. I have a poor disregard for low skilled workers that demand the government force employers to pay them more than their skills are worth.

    Yes they do have to start somewhere. Those will skills move up in position and pay while those refusing to better their skills continue to move very little and whine even more.

    If someone offers $5/hour skills and they're being paid $5/hour, that's not being taken advantage of, it's getting paid for what you offer.

    The difference is you want to give someone a raise without it having been earned and I expect them to earn it. I've had raises up the ladder and each of them was because I worked to climb that ladder not because I demanded a shorter ladder. I had a solution for increased costs. It was to earn more and do it faster than costs increased.
    why do you hate humanity?

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    Quote Originally Posted by Michael_Panetta View Post
    You're so privileged that you can't even see how wrong you are.
    Getting an education, working hard, and advancing in a career because you offer something employers want isn't privilege. It's benefiting from bettering yourself.

    What do you call a minimum wage, low skilled worker that has the same skill set they had 20 years ago?

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    Quote Originally Posted by AssHatZombie View Post
    why do you hate humanity?
    What about expecting people to earn their way instead of whine their way means I hate humanity? What about thinking someone getting paid what their skills are worth, even if a low wage, means I hate humanity?

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    Quote Originally Posted by Nordberg View Post
    The Min Wage is a driver of demand. Every year it is not raised, the min workers take a pay cut from inflation. A higher min wage drives up demand. Demand is what created expansion and hiring.
    Demand for what?

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    Quote Originally Posted by Michael_Panetta View Post
    Here's an idea. Have overtime pay begin at 35 hours instead of 40 hours.
    Intersting. Never thought about that. What difference do you think it would make?

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    Quote Originally Posted by CFM View Post
    What about expecting people to earn their way instead of whine their way means I hate humanity? What about thinking someone getting paid what their skills are worth, even if a low wage, means I hate humanity?
    free markets are an illusion.

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    Quote Originally Posted by CFM View Post
    If minimum wage is raised at the level of inflation, you still have poverty. The difference is the income level at which it exists.
    CFM, minimum wage rate has always been a victim rather than the cause of U.S. dollar’s inflation. It has never been among the primary contributors to our dollar’s losses of purchasing power. Respectfully, Supposn

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    Quote Originally Posted by AssHatZombie View Post
    then there's walmart employees directed to go to get food stamps in lieu of a raise, allowing companies to externalize costs onto the backs of taxpayers at large. that's fascism my friends.

    minimum wages may not have "pulled anyone oit of poverty", but maybe it allowed them to live another month.

    the rising tide was forced to raise all ships by the American labor movement, coming out of the gilded age.
    Why is that "fascism?" That is an economic choice in a Socialist society. If you can make more on welfare, why work? If your taxes go up and you lose benefits because your wage increased, you forego a pay raise to maintain them. Some people work to certain levels of income deliberately like that to avoid losing social security benefits, or Earned Income Credits. It used to be that some on welfare would have children just to increase the payments they were getting while neglecting the kids.

    Other people work "under the table" to avoid taxes or reported income.

    None of that is solely an American issue. That happens everywhere.

    In Italy they cracked down on "tax cheats" like the plumber driving a Ferrari who was making six figures easily...

    https://www.foxnews.com/world/plumbe...talian-economy

    https://www.pri.org/stories/2012-01-...drive-ferraris

    https://www.thelocal.it/20160301/ita...n-on-tax-fraud

    Cheating on your taxes is a European pass time. Everybody does it there because taxes are high enough that it is worth cheating to the maximum extent possible.

    Minimum wage hikes don't fix the problem of low wage earners. More skills, better education, and more training do. But even then, there's always going to be the bottom end of the bell curve that end up unable to get more than low paying, low skill or unskilled jobs simply because they can't do more.

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    Quote Originally Posted by CFM View Post
    Not at all. I have a poor disregard for low skilled workers that demand the government force employers to pay them more than their skills are worth.

    Yes they do have to start somewhere. Those will skills move up in position and pay while those refusing to better their skills continue to move very little and whine even more.

    If someone offers $5/hour skills and they're being paid $5/hour, that's not being taken advantage of, it's getting paid for what you offer.

    The difference is you want to give someone a raise without it having been earned and I expect them to earn it. I've had raises up the ladder and each of them was because I worked to climb that ladder not because I demanded a shorter ladder. I had a solution for increased costs. It was to earn more and do it faster than costs increased.
    CFM, our government doesn’t require that an enterprise hire any persons. Our government do not determine wage differentials between employees. But employers are prohibited from paying less than the legally applicable minimum wage rate.

    Employers are generally not altruistic. They hire, pay wages, and retain employees because they expect to derive benefits from doing so, or fear loses if they don’t do so. If employers believe their employees don’t earn their wages, why are those employees being retained?
    Respectfully, Supposn

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