Home Mail Chat Wallpapers
Go Back   ChiefsPlanet > The Lounge > Washington DC and The Holy Land

Reply
 
Thread Tools Display Modes
Old 05-10-2014, 12:03 PM  
Hammock Parties Hammock Parties is online now
you seem nice
 
Hammock Parties's Avatar
 
Join Date: Nov 2002
Casino cash: $577
Should the minimum wage be raised to $20/hr?

Seems like that would provided everyone with a comfortable living.

http://www.cepr.net/documents/public...e1-2012-03.pdf

Quote:
Using wages as a benchmark, in 1968 the federal minimum stood at 53 percent of the average production worker earnings. During much of the
1960s, the minimum wage was close to 50 percent of the same wage
benchmark. If the minimum wage were at 50 percent of the production
worker wage in 2012 (again, using CBO projections to produce a full-year
2012 estimate), the federal minimum would be $10.01 per hour.

A final benchmark for the minimum wage is productivity growth. Figure
2 below compares growth in average labor productivity with the real
value of the minimum wage between the late 1940s and the end of the
last decade. Between the end of World War II and 1968, the minimum
wage tracked average productivity growth fairly closely.

Since 1968, however, productivity growth has far outpaced the minimum wage. If the minimum wage had continued to move with average productivity after 1968, it would have reached $21.72 per hour in 2012 – a rate well above the average production worker wage. If minimum-wage workers received only half of the productivity gains over the period, the federal minimum would be $15.34. Even if the minimum wage only grew at one-fourth the rate of productivity, in 2012 it would be set at $12.25.
Posts: 199,984
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
  Reply With Quote
Old 07-17-2014, 05:59 PM   #226
digger digger is offline
Thread I will end you.......
 
digger's Avatar
 

Join Date: Apr 2007
Location: Kansas City, KS
Casino cash: $32708
VARSITY
Quote:
Originally Posted by Bowser View Post
I think it should be raised to $8750.00 an hour. Always wanted to have a million dollar steak.
Can't get a $20 steak cooked right.
__________________

Is it better to be lucky or good?

Travis Kelce AKA TKO
h/t Cochise
Posts: 3,623
digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.digger is obviously part of the inner Circle.
  Reply With Quote
Old 07-17-2014, 06:00 PM   #227
Calcountry Calcountry is offline
Shoot the tube
 
Calcountry's Avatar
 

Join Date: Oct 2003
Casino cash: $6320
Quote:
Originally Posted by digger View Post
Can't get a $20 steak cooked right.
I am sure you wouldn't be worried about the cost of steak going up.
Posts: 27,069
Calcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby PiscitelliCalcountry 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-18-2014, 08:06 AM   #228
Loneiguana Loneiguana is offline
MVP
 
Loneiguana's Avatar
 

Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Logical Fallacy-- Appeal to Extremes:

Description: Erroneously attempting to make a reasonable argument into an absurd one, by taking the argument to the extremes.
__________________
"Most of us can, as we choose, make of this world either a palace or a prison."
–John Lubbock
Posts: 16,798
Loneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-18-2014, 08:12 AM   #229
alnorth alnorth is offline
.
 
alnorth's Avatar
 

Join Date: Dec 2002
Location: Iowania
Casino cash: $47396339
The $10.10 number that has been tossed around a lot lately should be fine. Maybe a little higher if we want to build in the probability that it could be a few years before its touched again. $15 or $20 is probably too high for at least a decade or two.

__________________
how many emo kids does it take to change a lightbulb?
HOW MANY?!
none they just sit in the dark and cry
Posts: 35,527
alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.alnorth is obviously part of the inner Circle.
  Reply With Quote
Old 07-18-2014, 08:13 AM   #230
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $19337
Quote:
Originally Posted by Loneiguana View Post
Logical Fallacy-- Appeal to Extremes:

Description: Erroneously attempting to make a reasonable argument into an absurd one, by taking the argument to the extremes.
You're fallacy illiterate. There was no if X is true, then Y must be true argument being made.
__________________


“Boy, you all want power. God, I hope you never get it.” - Lindsay Graham
Posts: 96,659
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 07-18-2014, 04:18 PM   #231
Loneiguana Loneiguana is offline
MVP
 
Loneiguana's Avatar
 

Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Quote:
Originally Posted by patteeu View Post
You're fallacy illiterate. There was no if X is true, then Y must be true argument being made.


Quote:
Originally Posted by Calcountry View Post
Minimum wage should be 100 bucks an hour.
If x(raising the minimum wage to 10 something an hour) is true, then Y (raising minimum wage to 100 bucks an hour) must be true.

__________________
"Most of us can, as we choose, make of this world either a palace or a prison."
–John Lubbock
Posts: 16,798
Loneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-22-2014, 05:57 AM   #232
blaise blaise is offline
In Search of a Life
 

Join Date: Aug 2007
Location: Plano, TX
Casino cash: $0
According to Lone raising the minimum wage to $20 is no problem because raising the wage isn't proven to raise prices, so by his own logic raising it to $100 would be no problem.
Posts: 22,188
blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.
  Reply With Quote
Old 07-22-2014, 06:42 AM   #233
WhiteWhale WhiteWhale is offline
Bring it on Ahab!
 
WhiteWhale's Avatar
 

Join Date: May 2011
Location: Doo-Dah
Casino cash: $15252
Quote:
Originally Posted by blaise View Post
According to Lone raising the minimum wage to $20 is no problem because raising the wage isn't proven to raise prices, so by his own logic raising it to $100 would be no problem.
I think he believes that overhead and the cost of doing business has no impact on prices.

It's exclusively about supply and demand. There are no other factors at all.

The sad thing is that the large corporations that pay people minimum wage are the ones that could easily absorb 20 dollars an hour. It's all of their competition that couldn't handle the overhead of such pay. This would put thousands out of business... but hey... at least they could try to get that job at Wal Mart for 20 bucks an hour. There will be a lot more competition for it though. He's said it before... companies that can't afford to pay everyone 20 bucks an hour don't deserve to be running.
Posts: 10,489
WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.WhiteWhale has enough rep power to blowy ou to bits.
  Reply With Quote
Old 07-22-2014, 07:17 AM   #234
Loneiguana Loneiguana is offline
MVP
 
Loneiguana's Avatar
 

Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Quote:
Originally Posted by blaise View Post
According to Lone raising the minimum wage to $20 is no problem because raising the wage isn't proven to raise prices, so by his own logic raising it to $100 would be no problem.
Logical Fallacy-- Appeal to Extremes:

Description: Erroneously attempting to make a reasonable argument into an absurd one, by taking the argument to the extremes.
__________________
"Most of us can, as we choose, make of this world either a palace or a prison."
–John Lubbock
Posts: 16,798
Loneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-22-2014, 07:19 AM   #235
Loneiguana Loneiguana is offline
MVP
 
Loneiguana's Avatar
 

Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Quote:
Originally Posted by WhiteWhale View Post
I think he believes that overhead and the cost of doing business has no impact on prices.

It's exclusively about supply and demand. There are no other factors at all.

The sad thing is that the large corporations that pay people minimum wage are the ones that could easily absorb 20 dollars an hour. It's all of their competition that couldn't handle the overhead of such pay. This would put thousands out of business... but hey... at least they could try to get that job at Wal Mart for 20 bucks an hour. There will be a lot more competition for it though. He's said it before... companies that can't afford to pay everyone 20 bucks an hour don't deserve to be running.
Where did this "Loneiguana supports a 20 dollar minimum wage" come from? Beside blaise, who posts like a drunk xbox live kiddie?
__________________
"Most of us can, as we choose, make of this world either a palace or a prison."
–John Lubbock
Posts: 16,798
Loneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-22-2014, 09:14 AM   #236
blaise blaise is offline
In Search of a Life
 

Join Date: Aug 2007
Location: Plano, TX
Casino cash: $0
Quote:
Originally Posted by Loneiguana View Post
Logical Fallacy-- Appeal to Extremes:

Description: Erroneously attempting to make a reasonable argument into an absurd one, by taking the argument to the extremes.
According to Lone raising the minimum wage to $20 is no problem because raising the wage isn't proven to raise prices, so by his own logic raising it to $100 would be no problem.
Posts: 22,188
blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.
  Reply With Quote
Old 07-22-2014, 09:16 AM   #237
blaise blaise is offline
In Search of a Life
 

Join Date: Aug 2007
Location: Plano, TX
Casino cash: $0
Quote:
Originally Posted by Loneiguana View Post
Where did this "Loneiguana supports a 20 dollar minimum wage" come from? Beside blaise, who posts like a drunk xbox live kiddie?
Well, by your own previous arguments a $15 minimum wage is fine because a $15 minimum wage has no proven negative consquences. So then please give us the reason why you wouldn't support a $20 minimum wage?
A $20 minimum wage also has no proven negative consequences so why are you drawing a line between 15 and 20?
Posts: 22,188
blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.blaise is obviously part of the inner Circle.
  Reply With Quote
Old 07-22-2014, 10:59 AM   #238
Baby Lee Baby Lee is online now
Supporter
 

Join Date: Aug 2000
Casino cash: $58698
Quote:
Originally Posted by blaise View Post
Well, by your own previous arguments a $15 minimum wage is fine because a $15 minimum wage has no proven negative consquences. So then please give us the reason why you wouldn't support a $20 minimum wage?
A $20 minimum wage also has no proven negative consequences so why are you drawing a line between 15 and 20?
He still hates poor people, but only a little bit.
Posts: 72,946
Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.Baby Lee is obviously part of the inner Circle.
  Reply With Quote
Old 07-22-2014, 01:58 PM   #239
Loneiguana Loneiguana is offline
MVP
 
Loneiguana's Avatar
 

Join Date: Nov 2012
Location: Jefferson City
Casino cash: $22670
Quote:
Originally Posted by blaise View Post
Well, by your own previous arguments a $15 minimum wage is fine because a $15 minimum wage has no proven negative consquences. So then please give us the reason why you wouldn't support a $20 minimum wage?
A $20 minimum wage also has no proven negative consequences so why are you drawing a line between 15 and 20?
Logical Fallacy-- Appeal to Extremes:

Description: Erroneously attempting to make a reasonable argument into an absurd one, by taking the argument to the extremes.
__________________
"Most of us can, as we choose, make of this world either a palace or a prison."
–John Lubbock
Posts: 16,798
Loneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby PiscitelliLoneiguana 's adopt a chief was Sabby Piscitelli
  Reply With Quote
Old 07-22-2014, 03:55 PM   #240
suzzer99 suzzer99 is offline
MVP
 
suzzer99's Avatar
 

Join Date: Jan 2010
Location: L.A.
Casino cash: $34384
You have to understand the RWNJ mind. The perceived belief that someone lower than you on the social ladder might be getting free handouts trumps all reason and logic. Emotionally manipulative propaganda is powerful stuff.

Nevermind that the min. wage is at a 40 year historical low and there's zero empirical evidence that it kills jobs and a lot of good evidence that it puts upward pressure on the wages of anyone not in the global elite. Dammit that chick at the Long John Silver's drive-thru who always forgets my extra tartar sauce doesn't deserve more than minimum wage! I don't need fancy charts and graphs to know that.

Nevermind that every other developed nation on earth has some form of UHC and spends half what we do on healthcare per capita. People poorer than me are getting subsidies!

Now get me my knife so I can cut off my nose to spite my face.

Last edited by suzzer99; 07-22-2014 at 04:01 PM..
Posts: 16,202
suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.suzzer99 has enough rep power to blowy ou to bits.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 02:51 AM.


This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2018, vBulletin Solutions, Inc.