A starting[/quote]

quote:

quote:
Originally posted by Big K.:
So what is the purpose of a wage?


A starting wage for someone first entering the work force... Nothing more... It is expected that someone that actually works and shows up would not stay there for very long...

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Old? Hell, I have always been old. I have drank, smoked, danced, fought, bled, and loved in order to earn every wrinkle, scar, and gray hair that I have. You say "old" like it is a curse. A curse? I consider it to be an honor.

So a person starting out is not allowed to make a living.

quote:

Originally posted by Big K.:
A starting

quote:

quote:
Originally posted by Big K.:
So what is the purpose of a wage?


A starting wage for someone first entering the work force... Nothing more... It is expected that someone that actually works and shows up would not stay there for very long...

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Old? Hell, I have always been old. I have drank, smoked, danced, fought, bled, and loved in order to earn every wrinkle, scar, and gray hair that I have. You say "old" like it is a curse. A curse? I consider it to be an honor.

So a person starting out is not allowed to make a living.[/QUOTE]

Give me a break... Are you really that dense? Seriously?

quote:

Originally posted by Big K.:
A starting

quote:

quote:
Originally posted by Big K.:
So what is the purpose of a wage?


A starting wage for someone first entering the work force... Nothing more... It is expected that someone that actually works and shows up would not stay there for very long...

------------------------------
Old? Hell, I have always been old. I have drank, smoked, danced, fought, bled, and loved in order to earn every wrinkle, scar, and gray hair that I have. You say "old" like it is a curse. A curse? I consider it to be an honor.

So a person starting out is not allowed to make a living.[/QUOTE]

It depends on where you start.

But Ted, isn't the increase in minimum wage in response to higher living costs and higher overhead (increased gas prices for instance)?

I am just trying to make a point. Look at the other side a moment. I worked a long time in the 60's at a little more than $2.00 an hour, with a college degree. It is called [Teaching]
in Ala.

quote:

Originally posted by Big K.:
I am just trying to make a point. Look at the other side a moment. I worked a long time in the 60's at a little more than $2.00 an hour, with a college degree. It is called [Teaching]
in Ala.

Your point is absurd... You mentioned a family of four attempting to make a go of it on minimum wage... At that point, they are not really starting out, now are they? It is not a wage or generally a position that one would be expected to remain in for a long period of time or make a career of...

quote:

Originally posted by majthor:

quote:

Originally posted by Big K.:
I am just trying to make a point. Look at the other side a moment. I worked a long time in the 60's at a little more than $2.00 an hour, with a college degree. It is called [Teaching]
in Ala.

Your point is absurd... You mentioned a family of four attempting to make a go of it on minimum wage... At that point, they are not really starting out, now are they? It is not a wage or generally a position that one would be expected to remain in for a long period of time or make a career of...

No, I mentioned the "family of four" and was quoting the media.

quote:

Originally posted by TaterSalad:
But Ted, isn't the increase in minimum wage in response to higher living costs and higher overhead (increased gas prices for instance)?

Yes, but increasing the wage only refuels the cycle. BTW, my example does not happen over night. It generally takes a few years for the full effect of an increased min wage to be felt.

But look at this simple example.

A sells to B. B sells to C. C sells to public.

A and be B are part of the manufactoring process so the public can not skip C and buy directly from A.

Min wage increases forcing A B and C to increase wages. A decides to pass this cost on to B. B's materials now cost more plus has higher wages. B passes all cost on to C. C is forced to pass the increased cost onto the public. Public is now worst off than before the increase. Public demands another min wage increase to offset the increased prices of C, and the cycle starts anew.

In the 60's minimum wage was $1.25,today it is $6.55. Then you would work 15 minutes for a gallon of gas, today you will work for 40 minutes. Then you would work for 5 minutes for a coke, today you will work 14 minutes. Today it takes more money just to survive. Just something to think about.

quote:

Originally posted by Big K.:
In the 60's minimum wage was $1.25,today it is $6.55. Then you would work 15 minutes for a gallon of gas, today you will work for 40 minutes. Then you would work for 5 minutes for a coke, today you will work 14 minutes. Today it takes more money just to survive. Just something to think about.

Raising the min wage doesn't help anything as it just slides the bar.

quote:

Originally posted by Big K.:
In the 60's minimum wage was $1.25,today it is $6.55. Then you would work 15 minutes for a gallon of gas, today you will work for 40 minutes. Then you would work for 5 minutes for a coke, today you will work 14 minutes. Today it takes more money just to survive. Just something to think about.

And this is why it is important for kids to get a good education or learn a skill in a trade. I have plenty of 20 year olds come in and say they need a job. I ask, "what can you do?" "Nothing really, but I'm willing to learn" is usually the reply I get. "I can start you out at minimum wage and see what you can do" is my next course of action. Their reply is something to the effect of "well I need at least $13.00/hr to make it."

Good luck!!

You need to look at the big picture.... The minimum wage increases have been on the books for years. In order to prevent minimum wage earners from advancing there had to be a paradigm shift. This oil situation, credit crunch, and bank shuffle is all about the shift.
If you look back in history especially in the 1900's Chicago during the industrial revolution - the Haymarket incident, you'll see.

quote:

Originally posted by jc_gunslinger:
They raise the minimum wage so people will be forced to hire illegals who work for a dollar and a poop sandwich. Anti-American globalism is what this game is about.

It's not that people will be 'forced' to hire illegals. They will do it to keep their profit margins nice and cushy the way they like them. That's more so for larger companies, of course. Higher min wage affects small business more. But the bigger guys will use it as an excuse to use more illegal immigrant labor.

Therefore, more illegals yields more strain on social services as they won't make enough money to have healthcare (yet they can send BILLIONS back home each year). So they'll use the ER as their Primary Care facility. It all spirals downward from there...

quote:

Originally posted by Ted the Holy Name of Jesus:
If all companies do this, inflation goes up negating the min wage increase.

I think your whole analysis is upside down and backwards. But even without any argument about the rest, you should be able to see the fallacy in the part I quoted.

Inflation goes on constantly. What has happened over the years is that inflation has raised the price of everything, but the minimum wage has not kept pace. Adjusted for inflation, minimum wage is less than it was 50 years ago.

All presidents before Nixon, both Republican and Democratic, worked to improve the lot of working class Americans. Beginning with Nixon, Republicans have allowed minimum wage to be eroded by inflation, and Democrats have tried to undo the damage, but minimum wage now is only 2/3 of what it was when Nixon took office.

You are correct that other wages eventually do tend to move with the minimum wage, but the time lag is considerable. As minimum wage falls to a smaller percent of the poverty level, more other workers are pull down along with them, until they too are below the poverty level.

All wages have stagnated since 1970. There is no reason that all the benefit of America's robustly increasing productivity should go to corporations and upper economic classes. Workers should get their proportional share of it.

Maybe I was alittle unclear with my comment. When I said inflation goes up negating the increased min wage, I was referring to the imporved life style afforded by the min wage increase.

If Min wage is increased $3 but inflation is equal to $3.25 then you are worst off and the increase has been negated.

If you believe my analysis is wrong and upside down, please point out in my examples were the flaw is.