Green New Deal

[Geezer]

uhhh...ok?

Always fun trying to make sense of a trumpster talking economics.

[Shirley]

If only democrats hadn't fought against the "fiscal responsibility party's" recent tax cuts, republicans could have tripled or quadrupled the cuts and the minimum wage would already be > $20/hour by now, with the sky the limit!

[ousdahl]

That's not a rebuttal.

Why was a gummint-imposed minimum wage ever necessary in the first place?

[DCHawk1]

That's not a rebuttal.

Why was a gummint-imposed minimum wage ever necessary in the first place?

Was it?

[DCHawk1]

uhhh...ok?

Always fun trying to make sense of a trumpster talking economics.

uhhh...wut?

[ousdahl]

That's not a rebuttal.

Why was a gummint-imposed minimum wage ever necessary in the first place?

Was it?

Are weekends necessary? Are 40 hour work weeks necessary? Are child labor laws necessary?

[TDub]

Indeed I am for raising wages, cuz within my lifetime virtually every economic metric has been on the up and up, except for wages.

But til then, I’ll just hang under the airport tables in hopes that maybe some buttery flakes of croissant might eventually trickle down.

And as for AOC, I’m not sure I can say much about her - at least without bumping the celebrity crushes thread.

Minimum wage has indeed risen in your lifetime. Quite substantially in fact.

[TDub]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

So, you are worried about raising the minimum by 90%....using perceived higher prices as a point.

Are you worried about sealing of borders and adding to the price of goods in the form of tariffs affecting prices of goods? "Cause that is going to be a lot worse.

Those are independent issues. I can be worried about both.

[DCHawk1]

Why was a gummint-imposed minimum wage ever necessary in the first place?

Was it?

Are weekends necessary? Are 40 hour work weeks necessary? Are child labor laws necessary?

Do you think you're making a point?

[DCHawk1]

Indeed I am for raising wages, cuz within my lifetime virtually every economic metric has been on the up and up, except for wages.

But til then, I’ll just hang under the airport tables in hopes that maybe some buttery flakes of croissant might eventually trickle down.

And as for AOC, I’m not sure I can say much about her - at least without bumping the celebrity crushes thread.

Minimum wage has indeed risen in your lifetime. Quite substantially in fact.

He means REAL wages. Of course, he's making an argument against the accumulation of capital wealth, rather than for raising the minimum wage.

But whatevs.

[ousdahl]

I’m not trying to argue against accumulation of capital wealth in itself.

If anything, when you consider how the accumulation of wealth works in Merica, and to whom it goes, I just don’t wanna be the one to tell the struggling millions among working class that no they don’t deserve any better.

[Deleted User 89]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

i completely agree, but until other mechanisms change to balance things out the minimum wage worker is living in poverty

[Mjl]

$15 an hour is not poverty in many places in the country. Having that in Seattle is one thing. Having it in Bumblefuck Iowa is very different. I mean, you won't be able to raise a family with one minimum wage salary - but just being alive shouldn't entitle you to raising a family.

[Deleted User 89]

not wrong

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

I can't remember what minimum wage was when i was in college in the 70s, but what I do remember is that I could afford rent on a small apartment, gas, buy groceries, pay utilities, enjoy a movie a couple times a month or drink some beer, and pay for my full tuition at the university. now, forty plus years later, $15/hr doesn't even come close to covering all of that.

Edit: I just found out minimum wage was $1.60/hr, like making $9.45/hr in 2019.

and therein is the problem

but look out, DC might laugh at you

[Deleted User 89]

Indeed I am for raising wages

Me too!

I'm just not for having government raise them artificially.

didn’t realize that was in the AOC post...maybe i need to squint harder

[Deleted User 89]

Why was a gummint-imposed minimum wage ever necessary in the first place?

Was it?

Are weekends necessary? Are 40 hour work weeks necessary? Are child labor laws necessary?

careful, ardy

[Deleted User 89]

$15 an hour is not poverty in many places in the country. Having that in Seattle is one thing. Having it in Bumblefuck Iowa is very different. I mean, you won't be able to raise a family with one minimum wage salary - but just being alive shouldn't entitle you to raising a family.

not sure if that was in response to my post, but i was referencing minimum wage in general...not a nation-wide $15/hr

i think it’s a travesty that people work for ~$8/hr

[ousdahl]

Was it?

Are weekends necessary? Are 40 hour work weeks necessary? Are child labor laws necessary?

careful, ardy

hey man, DC's the one questioning whether it wuz necessary.

[Mjl]

$15 an hour is not poverty in many places in the country. Having that in Seattle is one thing. Having it in Bumblefuck Iowa is very different. I mean, you won't be able to raise a family with one minimum wage salary - but just being alive shouldn't entitle you to raising a family.

not sure if that was in response to my post, but i was referencing minimum wage in general...not a nation-wide $15/hr

i think it’s a travesty that people work for ~$8/hr

Not you in particular, the whole subject.

I agree that the current minimum wage is too low. Not raising it in 10 years will do that. But more than doubling it is irresponsible.

[DCHawk1]

Yes it is. Raising the minimum wage to combat higher prices is not the answer. The middle class gets fucked in that scenario, they aren't raising the salaries of middle income people but when you have to pay minimum wage quality employees more it will raise the prices of goods and services.

I'm not that old. When I started working minimum wage was something like 3.85/hr. Now 25 years later were saying it needs to be 15?!?! Thats worrisome. Throwing more money at the minimum wage employee is not addressing the underlying issue but is contributing to the cause of inflation.

I can't remember what minimum wage was when i was in college in the 70s, but what I do remember is that I could afford rent on a small apartment, gas, buy groceries, pay utilities, enjoy a movie a couple times a month or drink some beer, and pay for my full tuition at the university. now, forty plus years later, $15/hr doesn't even come close to covering all of that.

Edit: I just found out minimum wage was $1.60/hr, like making $9.45/hr in 2019.

and therein is the problem

but look out, DC might laugh at you

Holy dumbshittery, Fatman!

I laughed because you don't seem to have any conception of why her statement was dumb, not because you believe in a minimum wage.