Posted on 04/01/2016 1:48:23 PM PDT by Olog-hai
California and New York — where almost 1 in 5 Americans live — are on their way to raising their minimum wage to $15 an hour, and the activists who spearheaded those efforts are now setting their sights on other similarly liberal, Democratic-led states.
Illinois, Massachusetts, Michigan, New Jersey, Oregon, Rhode Island, Vermont and Washington are among the states with active “Fight for $15” efforts, and even economic experts who oppose the increased rate see it gaining momentum.
“There is lots of pressure to do this,” said Douglas Holtz-Eakin, a former Congressional Budget Office director who is now president of the conservative American Action Forum, which says big minimum-wage increases cost jobs. …
(Excerpt) Read more at hosted.ap.org ...
Make it $100/hr, you cheapskate bums! Pheasant under glass for everyone, and a Bentley in every garage!!!! /s;)
Yay, more inflation, woo hoo!
And what will they do for these lowly minimum wage folks when they find out that they are worse off because they are in a new tax bracket and prices all over are increasing at least proportionately to their wages, or better yet that they have been freed from job lock because employers can't afford to keep them on the payroll.
“They cannot determine where “$15” came from; it is a purely arbitrary number divorced from economic reality, so why not $50?”
It is probably some calculation for minimum needed for housing, food, and transportation. The problem is for those of us higher is that prices go up but our pay is basically stagnant, making it tougher and tougher. And they wonder why consumers aren’t spending.
“Stupid is as Stupid does.”
“They cannot determine where “$15” came from; it is a purely arbitrary number divorced from economic reality, so why not $50?”
That is how FDR decided the price of gold would by $35 per ounce. He pulled a number out of the air and went with 35 because 35 is divisible by 7, and 7 is a lucky number. That is Democrat economics.
The $15 figure was simply pulled out of their rectal orifices. It has no basis in economics or even politics, as an excessive demand is sure to cause a lightning strike out of an otherwise clear sky.
And these lightning strikes end up in establishing “right to work” laws, that outlaw union shops, a result that few labor leaders want to impose upon themselves, even though the “minimum wage” is heavily lobbied by these same labor bosses. This is merely to give unions leverage in their next wage contract negotiations.
So the union negotiators try to get legislators to make the increase incrementally over a period of several years, when, it is presumed, inflation shall have eroded the value of the original “minimum wage” that had been established.
Minimum wage should be $0.00 per hour, and designated as something else, maybe a “training wage” or an “internship stipend”, because a new employee has to start at some level, yet brings very little to productivity until gaining the necessary skills to become an asset and not a liability to the employer.
If everybody makes a minimum of $15 in every state, then prices will rise to accommodate that new ‘minimum’. Then they’ll be right back where they started..............IDIOTS..................
JMHO, but me thinks this organized push for $15/hr is nothing more than another sly, disingenuous, socialist ploy to bring about the global/socialist government the elitists have been striving to achieve for the past 50 years.
The Cold War didn’t work for them, so then they created the myths of over-population, then a new Ice-Age, then Global Warming, then Climate Change, and now it’s terrorism, reparations, white privilege and $15/hr.
I ain’t buying any of it.
If you are going to separate the rate of pay from the actual value of the work performed why stop at $15 an hour?
Just demand enough to really make a difference - say $50 an hour to start with.....
Maybe we can make it married to economic reality by referring to it annually instead of hourly. I think a lot more people would get the disaster it is if they saw it as a $30,000 annual minimum salary instead of a $15 hourly minimum wage.
This is exactly what happen to grocery workers when they ALL went out on strike over the holiday season years ago!!! All of the folks on strike really ended up getting screwed!!! New contracts did NOTHING to help them as a matter of fact all of those 40 hour employees became 24 hour a week employees!!! Along with ALL of the pay they lost being out on strike unions REALLY screwed them over all!!!
While we do not have minimum wage here all the tech boom crap is driving tech salaries higher so much you have millennials with 4 years experience think they deserve $100K and guys with 6 asking for $125K+. Ridiculous. The ill effect is housing cost is so high someone making less than $80K cannot afford to live in a “nice” neighborhood.
Morons. Every time the min wage goes up, it hurts jobs, it hurts whatever little savings you have and everything goes up in prices. The idiots are all about today but never consider tomorrow. It’s ME! ME! ME! Right NOW!
When these idiots find out just how much more they pay in taxes boy won’t they be surprised, with their hours cut also they should be very happy.......NOT!!!!
No $15/hr minimum wage until Social Security payout is doubled so old-timers can afford a MacDouble, fries, and a drink.
The problem is that government has no right to set a minimum hourly rate.
You seem to confuse my position, while were it would effect me I think would be cool, but I know that it would be a disaster for the economy.
My daddy, a person I considered to be a very wise man, always told me that I was only worth what someone would pay me. Am sure he is turning over in his grave at what is going on in the work world today.
Given that the vast majority of those in Congress, as well as politicians in all other areas, have never had to meet a payroll they are the last people in the world who should have a say about what people should be paid.
They know that.
They just want to “stride through the wreckage (as) creator(s)”, to paraphrase Marx. Problem is, what they are gravely underestimating the profundity of that wreckage.
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