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Old 06-03-2014, 12:13 PM  
petegz28 petegz28 is online now
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Seattle approves $15 minimum wage

http://money.cnn.com/2014/06/02/news...-minimum-wage/
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Old 06-03-2014, 05:14 PM   #61
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Originally Posted by Loneiguana View Post
and the average age of a minimum wage employee is something like 32.
Ive got no problems with a 32 year old working a minimum wage job. Free will.

But they shouldnt whine and complain about things they cant afford, if thats their top end in life.

The system works just fine for most people. Either you take advantage of it, or you dont.
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Old 06-03-2014, 05:19 PM   #62
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Why should we care what the city of Seattle does? The jobs that are not worth $15/hr and are mobile will pack ass to the county or somewhere else. Its a high tech area and will serve as a great test bed for technology replacements for the jobs it can replace.

Other cities and states will benefit from new jobs. Its all good. Let it rip.
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Old 06-03-2014, 05:26 PM   #63
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Quote:
Originally Posted by Deberg_1990 View Post
Ive got no problems with a 32 year old working a minimum wage job. Free will.

But they shouldnt whine and complain about things they cant afford, if thats their top end in life.

The system works just fine for most people. Either you take advantage of it, or you dont.
Sure, the system works fine... by off loading minimum wage employees onto the social safety net in order to meet the basics for survival. Those things they have trouble affording are food, housing, education, and healthcare. You know, the basics for why we have a job.

If you like companies socializing their losses by underpaying employees knowing the social safety net will take care of them... sure, the system works.

But, the employee and us, the tax payer, are getting screwed over by it.
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Old 06-03-2014, 05:27 PM   #64
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Quote:
Originally Posted by Loneiguana View Post

...and the average age of a minimum wage employee is something like 32.
You think maybe that's because most minimum wage workers are teenagers and retirees? Are all your stats this worthless?
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Old 06-03-2014, 05:30 PM   #65
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Quote:
Originally Posted by Loneiguana View Post
Sure, the system works fine... by off loading minimum wage employees onto the social safety net in order to meet the basics for survival. Those things they have trouble affording are food, housing, education, and healthcare. You know, the basics for why we have a job.

If you like companies socializing their losses by underpaying employees knowing the social safety net will take care of them... sure, the system works.

But, the employee and us, the tax payer, are getting screwed over by it.
If your in a low paying job and not happy, then you work and educate your way out of it. Why is this so hard to comprehend?
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Old 06-03-2014, 05:36 PM   #66
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Quote:
Originally Posted by donkhater View Post
You think maybe that's because most minimum wage workers are teenagers and retirees? Are all your stats this worthless?
Quote:
The average age of affected workers is 35 years old;
88 percent of all affected workers are at least 20 years old;
35.5 percent are at least 40 years old;
56 percent are women;
28 percent have children;
55 percent work full-time (35 hours per week or more);
44 percent have at least some college experience.
http://www.epi.org/publication/wage-...rkers-benefit/

Hmm, let's see.. 35 percent over 40 (not meaning retired, but retires can't be over 35 percent) and only 12 percent under the age of 20... lets do some math... That would mean less than 47 percent of minimum wage employees COULD be considered a teenager or retired person.

Well, that doesn't seem like most minimum wage workers.

Care to try again?
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Old 06-03-2014, 05:38 PM   #67
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Originally Posted by Deberg_1990 View Post
If your in a low paying job and not happy, then you work and educate your way out of it. Why is this so hard to comprehend?
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Um, because that's not a solution.

The next employee and the next employee and the next employee will be underpaid and taking your tax dollars, even though they work.

Why is that so hard to understand?

Or do you like companies abusing your tax dollars to socialize their labor costs?
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Old 06-03-2014, 05:41 PM   #68
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Old 06-03-2014, 05:46 PM   #69
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Quote:
Originally Posted by Loneiguana View Post
Sure, the system works fine... by off loading minimum wage employees onto the social safety net in order to meet the basics for survival. Those things they have trouble affording are food, housing, education, and healthcare. You know, the basics for why we have a job.

If you like companies socializing their losses by underpaying employees knowing the social safety net will take care of them... sure, the system works.

But, the employee and us, the tax payer, are getting screwed over by it.
It's a goddamn brutal cycle.

Do you run a business? I'm not being a smart ass... but running a business is expensive. The government always wants their huge ass chunk of everything. The average person (and especially college kids) have no ****ing clue how much the government is in your pocket running a business. Then we can't give the raises to keep up with inflation, and the people have to rely on a safety net. That safety net comes from where? MORE TAXES. Business gets more expensive...... ect...

Do you see the circular pattern developing?

The bigger problem is that jobs and wages that were originally for kids earning extra pay are now being taken up by damn near functionally retarded child-like adults.

Last edited by WhiteWhale; 06-03-2014 at 05:52 PM..
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Old 06-03-2014, 05:50 PM   #70
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Originally Posted by WhiteWhale View Post
It's a goddamn brutal cycle.

Do you run a business? I'm not being a smart ass... but running a business is expensive. The government always wants their huge ass chunk of everything. The average person (and especially college kids) have no ****ing clue how much the government is in your pocket running a business. Then we can't give the raises to keep up with inflation, and the people have to rely on a safety net. That safety net comes from where? MORE TAXES. Business gets more expensive...... ect...
Do you see the circular pattern developing?
No, because in this idiot's mind business serve only to keep the drones occupied and simultaneously asking for government help which keeps a certain political party in power.

Profit = greed. That's how collectivist morons like LI think.
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Old 06-03-2014, 05:51 PM   #71
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Quote:
Originally Posted by Loneiguana View Post
Sure, the system works fine... by off loading minimum wage employees onto the social safety net in order to meet the basics for survival. Those things they have trouble affording are food, housing, education, and healthcare. You know, the basics for why we have a job.

If you like companies socializing their losses by underpaying employees knowing the social safety net will take care of them... sure, the system works.

But, the employee and us, the tax payer, are getting screwed over by it.
What you're not seeing is this is the free market adjusting to attempts to defeat market value with government subsidies (i.e. the social safety net).

When you attempt to transfer money to the lower end of the economic spectrum against the supply and demand curve, the market adjusts.

The same thing happens with such market control attempts as rent-controlled housing. When you artificially suppress the cost of a market good, you end up paying in non-monetary ways such as waiting in line to get the low-priced item, secondary work/costs created by market participants to get the opportunity at purchasing the subidized good ect.

In this case, with an ample supply of low end labor available, they will accept jobs that do not pay a "living wage" as long as the job opens the door to social safety net programs for the working poor.

If you combine the taxation costs plus the wages, I'll bet you'd come close to the fair market value of that labor that you'd have without government attempts to restructure the market.

Of course, none of that means anything to lone, if he can attempt to ram the black hat onto the heads of the evil corporations.

Lone is the kind of guy that thinks you can legislate away the law of gravity. And, when the bowling ball still falls to the floor, he accuses the bowling ball manufacturer of evil.

Now, can you change wealth distribution through law? Sure you can, but you will also need a clear understanding of how economics works rather than trying to tell the sun not to come up tomorrow by statute.
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Old 06-03-2014, 05:54 PM   #72
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lol, all these hard workers complaining about this....


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Old 06-03-2014, 05:54 PM   #73
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Originally Posted by WhiteWhale View Post
It's a goddamn brutal cycle.

Do you run a business? I'm not being a smart ass... but running a business is expensive. The government always wants their huge ass chunk of everything. The average person (and especially college kids) have no ****ing clue how much the government is in your pocket running a business. Then we can't give the raises to keep up with inflation, and the people have to rely on a safety net. That safety net comes from where? MORE TAXES. Business gets more expensive...... ect...

Do you see the circular pattern developing?
No, I don't see a pattern, because taxes haven't gone up.

And gosh golly gee, lets just make the darn minimum wage a livable level and then tie to inflation.

Honestly, this shouldn't even be a discussion. If a company cannot pay a living wage and churn a profit, the company is unsustainable and will require government help, either to the company or employee.

Lets stop propping up unsustainable companies.

Let's stop socializing the losses, privatizing the profits.
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Old 06-03-2014, 05:55 PM   #74
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Originally Posted by JohnnyV13 View Post
What you're not seeing is this is the free market adjusting to attempts to defeat market value with government subsidies (i.e. the social safety net).

When you attempt to transfer money to the lower end of the economic spectrum against the supply and demand curve, the market adjusts.

The same thing happens with such market control attempts as rent-controlled housing. When you artificially suppress the cost of a market good, you end up paying in non-monetary ways such as waiting in line to get the low-priced item, secondary work/costs created by market participants to get the opportunity at purchasing the subidized good ect.

In this case, with an ample supply of low end labor available, they will accept jobs that do not pay a "living wage" as long as the job opens the door to social safety net programs for the working poor.

If you combine the taxation costs plus the wages, I'll bet you'd come close to the fair market value of that labor that you'd have without government attempts to restructure the market.

Of course, none of that means anything to lone, if he can attempt to ram the black hat onto the heads of the evil corporations.

Lone is the kind of guy that thinks you can legislate away the law of gravity. And, when the bowling ball still falls to the floor, he accuses the bowling ball manufacturer of evil.

Now, can you change wealth distribution through law? Sure you can, but you will also need a clear understanding of how economics works rather than trying to tell the sun not to come up tomorrow by statute.
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Old 06-03-2014, 05:56 PM   #75
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Originally Posted by Discuss Thrower View Post
No, because in this idiot's mind business serve only to keep the drones occupied and simultaneously asking for government help which keeps a certain political party in power.

Profit = greed. That's how collectivist morons like LI think.
I have no idea what this post means, but I'll take a stab at it.

Are you trying to say that Democrats keep the minimum wage low, so employees have to turn to the social safety net, so they then vote D?
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