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Minimum Wage Thread

Traveler's Photo Traveler 12 June 2019 - 03:43 PM

Andy, I found the argument quite compelling that most all of the non employer-dependent benefit programs represent competition for wages, and thus raise them. This is why I sought an explanation of why that is wrong. I suppose we could take it to extremes, and recognize that we cannot let folks founder with no support at all, and thus lower competition for wages even more. So we put in the benefit programs to make sure folks didn't starve to death. And in so doing, we set the wage floor.

How could employers somehow band together to suppress wages (not talking about non competes)? The issue with inflating their own wages has a LOT to do with how we treat unearned income. It biases folks to promote shareholder gains, often very short-sightedly. A LOT of these problems can be attributed to POG tax policy. That is where folks should focus.
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D. C. Sessions's Photo D. C. Sessions 12 June 2019 - 03:54 PM

View PostTraveler, on 12 June 2019 - 01:12 PM, said:

Calling it bull does not advance the discussion. I was looking for a coherent argument why that article is wrong.

It's the classic right-wing argument I heard yesterday while getting my car's AC fixed.

Thesis: if it weren't for welfare (etc.) people would be lining up to take his sub-minimum wage agricultural work because it's that or starve. Since they have alternatives to starvation (even if it means hot-bunking eight to a room and eating at soup kitchens) they're just slacking for that sweet, sweet free money.

If you're a junior enlisted member of the US armed forces, there's a very good chance your family is getting by with the help of food stamps and some other not-on-the-DOD-budget support. Absent that support, you would have little choice but to take some other work. That support really should be billed to the DoD. The same goes for WalMart: they can get someone to take their crap jobs because they can do so and not starve immediately and might even get halfway decent healthcare.

Because the competition is not "no work and layabout watching TV," it's "work for Costco" or "work for Trader Joe's" or any of a score of companies that actually pay a living wage, provide good health benefits, etc. WalMart is not anyone's first choice, but the government support for the low wages lets them be in the competition compared to employers that are farther away with poor public transit, or that require relocation, or that insist on continuing training, or ...
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Traveler's Photo Traveler 08 July 2019 - 11:08 AM

Great link. A simple solution. Tax unearned income the same as earned. Solves a LOT of issues.
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D. C. Sessions's Photo D. C. Sessions 08 July 2019 - 11:58 AM

View PostTraveler, on 08 July 2019 - 11:08 AM, said:

Great link. A simple solution. Tax unearned income the same as earned. Solves a LOT of issues.

And, strangely enough, something that we have Reagan on record as favoring.
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LFC's Photo LFC 08 July 2019 - 12:22 PM

View PostD. C. Sessions, on 08 July 2019 - 11:58 AM, said:

And, strangely enough, something that we have Reagan on record as favoring.

St. Ronnie? Say it ain't so!
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pnwguy's Photo pnwguy 08 July 2019 - 12:31 PM

View PostLFC, on 08 July 2019 - 12:22 PM, said:

St. Ronnie? Say it ain't so!
The Pope of Pennsylvania Avenue needs to revoke his sainthood. He wanted Amnesty.

"'Mr. Gorbachev, tear down this wall' -- see he wanted open borders and to allow those socialists to invade good (i.e. white Christian) countries. Think of how many East German rapists he let in!"
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George Rowell's Photo George Rowell 10 July 2019 - 01:51 AM

The Independent headline is "Ethnicity pay gap: lowest-earning groups paid a fifth less than white British workers"

Looks like things are biased against non-white workers, but read on and you find that white workers are at a large pay disadvantage of up to 15-30% against ethnic Indians and Chinese. Looks like an example how to spin a headline to confirm non-white prejudice and fuel resentment.

I suggest a new headline. 'White Workers paid less than ethnic Indian and Chinese". FYI all are well above the minimum 8.21 pound/hr wage.

"https://www.independ...s-a8997556.html"
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LFC's Photo LFC 10 July 2019 - 10:05 AM

View PostGeorge Rowell, on 10 July 2019 - 01:51 AM, said:

Looks like an example how to spin a headline to confirm non-white prejudice and fuel resentment.

Rage sells, objective information doesn't. Rupert Murdoch built an empire on that fact.
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pnwguy's Photo pnwguy 16 July 2019 - 02:22 PM

View PostLFC, on 10 July 2019 - 10:05 AM, said:

Rage sells, objective information doesn't. Rupert Murdoch built an empire on that fact.
And Dumpster built a presidency on that fact. Well, Uncle Vladimir sure helped too...

I supposed "built" is inaccurate. Destroyed might be a better choice of words.

I'm extremely fond of the kind of candidate that Mayor Pete is. But I worry that he's too bright and logical for the mass of American voters that have mainlined a steady diet of Survivor, The Bachelor, and Family Feud. Idiocracy is upon us.
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golden_valley's Photo golden_valley 16 July 2019 - 02:37 PM

View Postpnwguy, on 16 July 2019 - 02:22 PM, said:


I'm extremely fond of the kind of candidate that Mayor Pete is. But I worry that he's too bright and logical for the mass of American voters that have mainlined a steady diet of Survivor, The Bachelor, and Family Feud. Idiocracy is upon us.

The same was said about Obama. I'm sure lots of people don't want some eggheaded liberal in office even if he is a veteran.
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LFC's Photo LFC 17 July 2019 - 12:13 PM

View Postgolden_valley, on 16 July 2019 - 02:37 PM, said:

The same was said about Obama. I'm sure lots of people don't want some eggheaded liberal in office...

Especially if it's a brown egg?
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pnwguy's Photo pnwguy 17 July 2019 - 12:30 PM

View PostLFC, on 17 July 2019 - 12:13 PM, said:

Especially if it's a brown egg?
Like a "gay egg" is going to be accepted better?

Actually, that base will argue there is no such thing as a gay egg. It wasn't "laid that way". It's been taken over by Satan and needs conversion therapy
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LFC's Photo LFC 17 July 2019 - 02:17 PM

View Postpnwguy, on 17 July 2019 - 12:30 PM, said:

Like a "gay egg" is going to be accepted better?

Actually, that base will argue there is no such thing as a gay egg. It wasn't "laid that way". It's been taken over by Satan and needs conversion therapy

And we all know how "conversion therapy" works...

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