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Thread: Increase Minimum Wage to $15

  1. #1
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    Increase Minimum Wage to $15

    Increasing the national minimum wage to $15/hour would create a much more socially and economically equitable nation. Many of the social programs that the United States government runs, such as welfare, food stamps, housing assistance programs, housing subsidies, etc., etc., all of these programs are to help the working class survive in a cut-throat economy, but only very few helped by these programs can rise out of the ranks of poverty. The problem is not about putting more tax dollars into these social programs, but to abolish the thing which they exist to treat: people being underpaid.

    24% of reported income of all Americans in 1992 was either very much below the poverty level or bordering on it. Considering that 9.5% of income for that year was unreported, it's possible that 33% of Americans are living in poverty (100 million people). [Census Bureau. Author: Durwin Knutson, Company Statistics. Revised February 08, 1999. Summary Characteristics of Business Owners and Their Businesses: 1992.] It's not a question now of solving this problem with more social programs, more educational grants, and more public works. It's a question of making sure that the workers are being paid for fairly for their labor. The current minimum wage in most states, if you worked 40 hours a week, you would some chance of supporting only yourself, but if you had a family, you'd be stuck in poverty. And that would be despite the fact that you're giving the majority of your conscious existence to the support of this massive machine.

    Can big business afford it? Yes. For every dollar earned at a business, 14 cents goes to the payroll. [U.S. Census Bureau, 1997 Economic Census, Comparative Statistics, Core Business Stastitics Series, EC97X-C52, issued June 2000] Another 14 cents goes to pay for all expenses (i.e. rent, electrical, stock, etc.). [Business Expenses, 1997 Economic Census, Company Statistic Series, 1997, Issued December 2000, EC97CS-8.] 72 is the profit. If you double minimum wage, then 28 cents would go to the work, and the profit would be 58 cents instead. I think the Capitalist system will handle it.

    This isn't a question of Socialism and Communism and Capitalism, or big bureaucracy versus an enormous government. This is about enacting a simple economic policy for the aid of all working Americans. In Berkley, there is a minimum wage that is just a little less than $15, and their economy hasn't shown one sign of slowing down or massive unemployment. It has worked in practice. Let's put it into effect nationally.

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    Where are all these trolls coming from?
    Chimo

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    Staff Emeritus Confed999's Avatar
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    Oh my. This is going to get bloody.

    BTW, I always imagined a punker slut would be more anarchist than socialist.
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

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    Quote Originally Posted by Officer of Engineers
    Where are all these trolls coming from?
    It has gotten worse lately hasn't it?

    On the topic, is you triple minimum wage you can bet prices will skyrocekt accordingly over night and we're back at square one. Come back when you know a little about economics.
    "We always have been, we are, and I hope that we always shall be, detested in France."
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    Staff Emeritus Confed999's Avatar
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    Quote Originally Posted by Officer of Engineers
    Where are all these trolls coming from?
    It didn't go well for Punkerslut when it was posted before at http://www.globalaffairs.org/forum//...ad.php?t=42612 . Maybe Ps thought it would go over well here.
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

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    $15/hr minimum wage= $20 for a gallon of milk, $18 for a gallon of gas, and $27 bucks for a pack of Marlboros.

    LOL...

    Anyway, to important issues.

    How old are you, and are you hot?
    Oh yeah- I only care about the above if you're a chick.

  7. #7
    Staff Emeritus Confed999's Avatar
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    Quote Originally Posted by Wraith601
    Come back when you know a little about economics.
    I'm trying to figure out what business makes 70% profits. I know labor in the construction business costs 35%+, here in FL anyway.
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

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    Quote Originally Posted by M21Sniper
    How old are you, and are you hot?
    Oh yeah- I only care about the above if you're a chick.
    ewwww, a punk?

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    Quote Originally Posted by Wraith601
    It has gotten worse lately hasn't it?

    On the topic, is you triple minimum wage you can bet prices will skyrocekt accordingly over night and we're back at square one. Come back when you know a little about economics.
    If that's true, then explain this:

    (1) There is a decreasing cost of production for all American corporations that are outsourcing labor. Instead of paying $6 an hour in the US, they're paying sixty cents a day. FACT: In March of 2001, Target was selling clothing produced in El Salvader, with mandatory pregnancy tests, six working days a week, thirteen hour shifts, and wages as low as sixty cents an hour. [National Labor Committee; here's the link: http://www.nlcnet.org/campaigns/arch...1/leader.shtml ]

    (2) At the same time, while these companies are spending one dollar whereas they spent ten before for the same product, the cost of living in America continues to soar.

    If it is true that increasing the cost of production must necessarily increase the retail price, then it must also be true that decreasing the cost of production must necessarily decrease the retail price -- but we are seeing the exact opposite.

    If for every dollar a company spends, they earn $5 back, then instead they ought to be paying two dollars, and earn the same $5 back; that extra funding would pay for the increase of the workers pay without stopping the company from making over 100% net profit.

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    Quote Originally Posted by Karna
    ewwww, a punk?
    She could be punk in the debbie harry/blondie mold.

    That's hot.

    If she's punk in the freaky, skanky way, well....im sure there are other dudes that will still love her.

    LOL.

  11. #11
    Staff Emeritus Confed999's Avatar
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    Quote Originally Posted by Punkerslut
    (1) There is a decreasing cost of production for all American corporations that are outsourcing labor. Instead of paying $6 an hour in the US, they're paying sixty cents a day. FACT: In March of 2001, Target was selling clothing produced in El Salvader, with mandatory pregnancy tests, six working days a week, thirteen hour shifts, and wages as low as sixty cents an hour.
    If the minimum wage went higher, wouldn't they just outsource even more jobs? Also, most companies do not actually make the profit margins you seem to think they do.
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

  12. #12
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    Quote Originally Posted by M21Sniper
    If she's punk in the freaky, skanky way, well....
    Still could be fun, as long as your friends don't see you...
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

  13. #13
    Distant Deeps or Skies Senior Contributor HistoricalDavid's Avatar
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    Great Depression, Part Deux?

    Unemployment at 20%, hello?

    Get real.

    Not to mention the single most damning indictment on the minimum wage - its immoral constriction on freedom.

  14. #14
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    Quote Originally Posted by Confed999
    Still could be fun, as long as your friends don't see you...
    Nah dude, i'm good looking. I don't have to settle for ugly chicks.

    Hehehehehe...

  15. #15
    Staff Emeritus Confed999's Avatar
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    Quote Originally Posted by M21Sniper
    I don't have to settle for ugly chicks
    Oh come on. Anyway, if you can't come up with an exciting fantasy to live out with a freaky punk gal you're not thinking about sex enough.

    From that other board, this is a dude, 21 y/o, high school drop out...
    No man is free until all men are free - John Hossack
    I agree completely with this Administration’s goal of a regime change in Iraq-John Kerry
    even if that enforcement is mostly at the hands of the United States, a right we retain even if the Security Council fails to act-John Kerry
    He may even miscalculate and slide these weapons off to terrorist groups to invite them to be a surrogate to use them against the United States. It’s the miscalculation that poses the greatest threat-John Kerry

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