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Raising Minimum Wage issue a Win-Win for Democrats!

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Wordslinger

Wordslinger

If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

Guest


Guest

Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

Yeah, those people are going to blame republicans for making this a part time job market LOL

I'm not sure how much more unicornism we can take.

Markle

Markle

Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

AND a lose - lose for AMERICA. But, it would be another step toward the Socialism/Communism you so pine for.

As you well know your statement about $8.20 an hour for a father of three is a blatant LIE. Please tell us what the typical household income is where one of the workers earns minimum wage. Or are you going be the coward and change the issue...again?

Floridatexan

Floridatexan

Markle wrote:
Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

AND a lose - lose for AMERICA.  But, it would be another step toward the Socialism/Communism you so pine for.

As you well know your statement about $8.20 an hour for a father of three is a blatant LIE.  Please tell us what the typical household income is where one of the workers earns minimum wage.  Or are you going be the coward and change the issue...again?

Touchy subject for you, I see. No...we can't pay people for what they contribute. Power to the billionaires. Screw the people.

2seaoat



The minimum wage historically has been fought by traditional main street Republicans where the party once had its strongest support among small business owners who thought that wages were killing their bottom line.

Go to any town now and see the closed storefronts where middle class Republicans built small business, but those businesses have closed for lack of revenue and demand. Large big box stores have filled the void, and those traditional Republicans are now looking at economic theories and realizing the strangling of the median income has a direct correlation with GDP and consumer demand. The inability to keep the minimum wage close to real dollar minimum wage in 1968 has created structural demand issues which will take over a decade to correct. A slow 20 year migration of the minimum wage to real 1968 baselines adjusted for inflation will slowly correct some of those structural problems, but not without complete trade policy overhaul, and setting priority on increasing the median income in America......it is not as simple as make the minimum wage $15 dollars and poverty is extinguished......yes there will be meaningful wealth equity, but there will be real threats of short term unemployment. The key is slow and steady based on sound economic principles and not political rhetoric.

Guest


Guest

Why not make it twenty an hour... or fifty... or one hundred?

Stop being greedy.

Hey... why don't we just tack an extra zero on the end of every priced thing? Tada... crisis solved by govt solution.

Wordslinger

Wordslinger

Listen up conservatives: you can phrase and excuse it any way you like. But the millions of Americans who have jobs and still need food stamps to get by know damned well you had a choice -- American workers or big corporations -- and, as usual, you chose to screw workers.

Reality!

Wordslinger

Wordslinger

PkrBum wrote:Why not make it twenty an hour... or fifty... or one hundred?

Stop being greedy.

Hey... why don't we just tack an extra zero on the end of every priced thing? Tada... crisis solved by govt solution.

that's it pkrbum -- screw the workers!

To you, the idea of having a law that forces employers to pay their workers living wages is anathema -- inexcusable! Rich white men should have the right to treat lesser people any way they want to. That's the Christian way.

Markle

Markle

Floridatexan wrote:
Markle wrote:
Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

AND a lose - lose for AMERICA.  But, it would be another step toward the Socialism/Communism you so pine for.

As you well know your statement about $8.20 an hour for a father of three is a blatant LIE.  Please tell us what the typical household income is where one of the workers earns minimum wage.  Or are you going be the coward and change the issue...again?

Touchy subject for you, I see.  No...we can't pay people for what they contribute.  Power to the billionaires.  Screw the people.

You're getting so cute. You follow my instructions to the letter. Good for you!

Keep up the good work, you're a good foil!

Now, once again for the very S-L-O-W!

Please tell us what the typical household income is where one of the workers earns minimum wage.


Guest


Guest

What do you suppose would happen if the minimum wage were raised to a hundred dollars an hour?



Last edited by PkrBum on 4/30/2014, 11:24 pm; edited 1 time in total

2seaoat



Why not make it twenty an hour... or fifty... or one hundred?

Stop being greedy.

Hey... why don't we just tack an extra zero on the end of every priced thing? Tada... crisis solved by govt solution.


That certainly makes sense if we were talking about a zero sum game without real economic and policy parameters. If the assumption is that great wealth disparity harms a GDP. If the minimum wage closes the wealth disparity gap then the minimum wage is good. If minimum wages are arbitrary and without basis in sound economic assumptions there will be increased unemployment and damage to GDP. If an Ivory Tower person arbitrarily sets minimum wage at $15 per hour with out objective economic analysis most certainly the wealth disparity will temporarily be improved but small manufacturers will layoff or move off shore. If however, sound economic policy allows setting gradual schedules over a long enough timeline to not cause economic dislocation and unemployment while adjusting wealth disparity and increasing demand and necessarily GDP it most certainly is not a zero sum game, but one where employers gain profits from increased demand, and Americans have real change in median income. Politics should not be driving this discussion, rather economics should be determining the schedule.

Guest


Guest

Raising Minimum Wage issue a Win-Win for Democrats! Images?q=tbn:ANd9GcTyXFYMAf-SsKyaBXBuRwhFI9wPf5jHpY7xKkVzlD76Y6ucGu7DdQ

Note to self:

If minimum wage is raised to $10 an hour fire 20% of employees and tell the rest to pick up the slack or they're next.

*****CHUCKLE*****

https://www.youtube.com/watch?v=kOfHOMpU4iE

 Smile

2seaoat



What do you suppose would happen if the minimum wage were raised to a hundred dollars?


The exact same thing which HAS happened when the minimum wage has not stayed constant in real dollars with the 1968 basis.......massive unemployment, dislocation, and lead anchors on GDP as median incomes in America have failed to keep up with productivity gains in our economy causing huge income disparity and damage to our GDP.

The answer is sound middle ground based on simple elementary economic theory, not political nihilism.

Markle

Markle

2seaoat wrote:The minimum wage historically has been fought by traditional main street Republicans where the party once had its strongest support among small business owners who thought that wages were killing their bottom line.

Go to any town now and see the closed storefronts where middle class Republicans built small business, but those businesses have closed for lack of revenue and demand.  Large big box stores have filled the void, and those traditional Republicans are now looking at economic theories and realizing the strangling of the median income has a direct correlation with GDP and consumer demand.   The inability to keep the minimum wage close to real dollar minimum wage in 1968 has created structural demand issues which will take over a decade to correct.  A slow 20 year migration of the minimum wage to real 1968 baselines adjusted for inflation will slowly correct some of those structural problems, but not without complete trade policy overhaul, and setting priority on increasing the median income in America......it is not as simple as make the minimum wage $15 dollars and poverty is extinguished......yes there will be meaningful wealth equity, but there will be real threats of short term unemployment.  The key is slow and steady based on sound economic principles and not political rhetoric.

PLEASE, explain in detail to us the benefit of increasing the minimum wage. Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

Our favorite Socialist/Communist Wordslinger rambles on about paying someone for what they contribute. Fine.

What does someone who cannot speak proper English, even as their first language, cannot do simple arithmetic, have NO skills, no work ethic and has never had a job worth to an employer?

Wordslinger

Wordslinger

Markle wrote:
Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

AND a lose - lose for AMERICA.  But, it would be another step toward the Socialism/Communism you so pine for.

As you well know your statement about $8.20 an hour for a father of three is a blatant LIE.  Please tell us what the typical household income is where one of the workers earns minimum wage.  Or are you going be the coward and change the issue...again?

You're on.  But instead of the real minimum wage which is $7.25 an hour, paid mostly to part time workers so rich bastards can make maximum profits from their labor, let's use my fictional wage level of $8.20 an hour:

The average part time worker works about 34 hours a week -- 34 X 8.20 = $278.80 a week X 4 = $1115.20 per month X12 = that's $13382.40 gross per year.  And qualifies the worker and his family for food stamps.

Ouch! you cry .... poor baby ...

And as for it being a "lose lose" for America, you're dead wrong. If your company is selling 24,000 units a month you need as many people as it takes to produce your product. If the minimum wage goes up, you raise your prices to cover the new costs. If you sell less units because of the higher price, then you cut your workforce, or do better advertising and sales management. Now consider what happens in the marketplace when all your workforce is earning a fair wage -- and spending most of their income -- everything goes up when demand goes up.

What you want more than anything, Herr Markle, is a slave work force and no price controls. That's what you Nazis have always wanted.

Markle

Markle

Wordslinger wrote:
Markle wrote:
Wordslinger wrote:If the minimum wage bill had passed in the senate (it didn't), the democrats would have won considerable support from the millions of Americans stuck in part time jobs and taking food stamps to get by.

If it didn't pass -- because of republican efforts to kill the bill -- the democrats would pick-up even more votes from workers in low paying jobs who would want payback against the republicans who screwed them.

Congratulations republicans - you've undoubtedly pleased giant blood sucking corporations like Macdonald's and Walmart --

No doubt you figure big campaign contributions will let you win the coming elections anyway.

Your problem is, the father of three who's earning $8.20 an hour won't forget why you let him and his family suffer.

Thanks republicans for making it all so easy ...

AND a lose - lose for AMERICA.  But, it would be another step toward the Socialism/Communism you so pine for.

As you well know your statement about $8.20 an hour for a father of three is a blatant LIE.  Please tell us what the typical household income is where one of the workers earns minimum wage.  Or are you going be the coward and change the issue...again?

You're on.  But instead of the real minimum wage which is $7.25 an hour, paid mostly to part time workers so rich bastards can make maximum profits from their labor, let's use my fictional wage level of $8.20 an hour:

The average part time worker works about 34 hours a week -- 34 X 8.20 = $278.80 a week X 4 = $1115.20 per month X12 = that's $13382.40 gross per year.  And qualifies the worker and his family for food stamps.

Ouch! you cry .... poor baby ...


And as for it being a "lose lose" for America, you're dead wrong.  If your company is selling 24,000 units a month you need as many people as it takes to produce your product.  If the minimum wage goes up, you raise your prices to cover the new costs.  If you sell less units because of the higher price, then you cut your workforce, or do better advertising and sales management. Now consider what happens in the marketplace when all your workforce is earning a fair wage -- and spending most of their income -- everything goes up when demand goes up.

What you want more than anything, Herr Markle, is a slave work force and no price controls.  That's what you Nazis have always wanted.

Not true, and what is worse is that you KNOW it is a LIE and you INTENTIONALLY mislead people. Shame on you!

Wordslinger

Wordslinger

Markle wrote:
2seaoat wrote:The minimum wage historically has been fought by traditional main street Republicans where the party once had its strongest support among small business owners who thought that wages were killing their bottom line.

Go to any town now and see the closed storefronts where middle class Republicans built small business, but those businesses have closed for lack of revenue and demand.  Large big box stores have filled the void, and those traditional Republicans are now looking at economic theories and realizing the strangling of the median income has a direct correlation with GDP and consumer demand.   The inability to keep the minimum wage close to real dollar minimum wage in 1968 has created structural demand issues which will take over a decade to correct.  A slow 20 year migration of the minimum wage to real 1968 baselines adjusted for inflation will slowly correct some of those structural problems, but not without complete trade policy overhaul, and setting priority on increasing the median income in America......it is not as simple as make the minimum wage $15 dollars and poverty is extinguished......yes there will be meaningful wealth equity, but there will be real threats of short term unemployment.  The key is slow and steady based on sound economic principles and not political rhetoric.

PLEASE, explain in detail to us the benefit of increasing the minimum wage.  Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

Our favorite Socialist/Communist Wordslinger rambles on about paying someone for what they contribute.  Fine.

What does someone who cannot speak proper English, even as their first language, cannot do simple arithmetic, have NO skills, no work ethic and has never had a job worth to an employer?  

Obama is absolutely correct; you don't need to attack a racist -- just let them talk and they destroy themselves.

Herr Markle's measurements are of a non-educated foreign employee who hasn't a firm grasp of English.

In simple terms, this obviously means that Herr Markle thinks America's part time workers are all Hispanics.

And finally, who gives a flying fuck what a big employer thinks a worker is worth, if that figure is less than the worker can live on and feed his family?

Herr Markle, you've outdone yourself -- not only are you a Nazi capitalist tyrant, but you're also a bigot.

You must be so proud ....

Markle

Markle

Wordslinger wrote:
Markle wrote:
2seaoat wrote:The minimum wage historically has been fought by traditional main street Republicans where the party once had its strongest support among small business owners who thought that wages were killing their bottom line.

Go to any town now and see the closed storefronts where middle class Republicans built small business, but those businesses have closed for lack of revenue and demand.  Large big box stores have filled the void, and those traditional Republicans are now looking at economic theories and realizing the strangling of the median income has a direct correlation with GDP and consumer demand.   The inability to keep the minimum wage close to real dollar minimum wage in 1968 has created structural demand issues which will take over a decade to correct.  A slow 20 year migration of the minimum wage to real 1968 baselines adjusted for inflation will slowly correct some of those structural problems, but not without complete trade policy overhaul, and setting priority on increasing the median income in America......it is not as simple as make the minimum wage $15 dollars and poverty is extinguished......yes there will be meaningful wealth equity, but there will be real threats of short term unemployment.  The key is slow and steady based on sound economic principles and not political rhetoric.

PLEASE, explain in detail to us the benefit of increasing the minimum wage.  Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

Our favorite Socialist/Communist Wordslinger rambles on about paying someone for what they contribute.  Fine.

What does someone who cannot speak proper English, even as their first language, cannot do simple arithmetic, have NO skills, no work ethic and has never had a job worth to an employer?  

Obama is absolutely correct; you don't need to attack a racist -- just let them talk and they destroy themselves.

Herr Markle's measurements are of a non-educated foreign employee who hasn't a firm grasp of English.

In simple terms, this obviously means that Herr Markle thinks America's part time workers are all Hispanics.

And finally, who gives a flying fuck what a big employer thinks a worker is worth, if that figure is less than the worker can live on and feed his family?

Herr Markle, you've outdone yourself -- not only are you a Nazi capitalist tyrant, but you're also a bigot.

You must be so proud ....

Grow up, you know this is the TRUTH and not even come close to the lies you expound. Of course, if you put OUT the truth, you'd have no point.

The New York Times did not mention that the average family income of a minimum-wage worker exceeds $50,000 a year. How? The vast majority of minimum-wage workers are second (or third or fourth) earners in their family. Minimum-wage jobs are entry-level positions, primarily filled by unskilled and inexperienced workers. Many minimum-wage workers are between the ages of 16 and 24, and two-thirds work part-time.

So while lots of Americans start out working near the minimum wage, few raise a family on it. Instead, as they gain experience, they become more productive and command higher pay. Two-thirds of minimum-wage workers get a raise within a year. The typical pay increase: 24 percent. (Here are more facts the Times avoided mentioning.)

Of course, some workers do remain stuck at the minimum wage. But a host of federal programs ensure they do not fall through the cracks, and that their incomes are higher than the NYT’s calculator shows. (And, as the CBO has noted, these benefits phase out steeply as income rises. Accounting for this makes it unclear how many low-income workers’ finances would improve with a higher minimum wage).

http://blog.heritage.org/2014/02/23/people-actually-raise-families-minimum-wage/

Tell us what is NOT true in my post and show your source. YOU cannot do it. No surprise.

2seaoat



PLEASE, explain in detail to us the benefit of increasing the minimum wage. Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

This statement is not sound. Other wages may increase or decrease, however corporate and business profits will be lowered because the cost of doing business will be increased, and you will see increases in the costs of goods and services which will mean short term corporate profits taking a hit unless there are lay offs, or increased demand and therefore more revenue. The hard part is realizing that income inequality has a negative impact on GDP but simply raising the minimum wages in too large of an increment not to be offset by increased demand and business is not sound economic policy. Again, this is not a zero sum game.

Markle

Markle

Wordslinger wrote:
Markle wrote:
2seaoat wrote:The minimum wage historically has been fought by traditional main street Republicans where the party once had its strongest support among small business owners who thought that wages were killing their bottom line.

Go to any town now and see the closed storefronts where middle class Republicans built small business, but those businesses have closed for lack of revenue and demand.  Large big box stores have filled the void, and those traditional Republicans are now looking at economic theories and realizing the strangling of the median income has a direct correlation with GDP and consumer demand.   The inability to keep the minimum wage close to real dollar minimum wage in 1968 has created structural demand issues which will take over a decade to correct.  A slow 20 year migration of the minimum wage to real 1968 baselines adjusted for inflation will slowly correct some of those structural problems, but not without complete trade policy overhaul, and setting priority on increasing the median income in America......it is not as simple as make the minimum wage $15 dollars and poverty is extinguished......yes there will be meaningful wealth equity, but there will be real threats of short term unemployment.  The key is slow and steady based on sound economic principles and not political rhetoric.

PLEASE, explain in detail to us the benefit of increasing the minimum wage.  Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

Our favorite Socialist/Communist Wordslinger rambles on about paying someone for what they contribute.  Fine.

What does someone who cannot speak proper English, even as their first language, cannot do simple arithmetic, have NO skills, no work ethic and has never had a job worth to an employer?  

Obama is absolutely correct; you don't need to attack a racist -- just let them talk and they destroy themselves.

Herr Markle's measurements are of a non-educated foreign employee who hasn't a firm grasp of English.

In simple terms, this obviously means that Herr Markle thinks America's part time workers are all Hispanics.


And finally, who gives a flying fuck what a big employer thinks a worker is worth, if that figure is less than the worker can live on and feed his family?

Herr Markle, you've outdone yourself -- not only are you a Nazi capitalist tyrant, but you're also a bigot.

You must be so proud ....

You are really out doing yourself.

PLEASE show us all where I made any such statement.

PLUS you're saying it is NOT the responsibility of the WORKER to make himself or herself MORE VALUABLE to the employer. According to Wordslinger, employees should just submit their budget for the coming year and that's what they will be paid by a Socialist/Communist government.

Working well in North Korea, China and Venezuela isn't Wordslinger?

2seaoat and you should start a company where you just pay people what they tell you they need. That's what you're saying is it not?

Markle

Markle

2seaoat wrote:PLEASE, explain in detail to us the benefit of increasing the minimum wage.  Keep in mind that every wage level above that will increase by an equal percentage and the net result will be...ZERO.

This statement is not sound.  Other wages may increase or decrease, however corporate and business profits will be lowered because the cost of doing business will be increased, and you will see increases in the costs of goods and services which will mean short term corporate profits taking a hit unless there are lay offs, or increased demand and therefore more revenue.  The hard part is realizing that income inequality has a negative impact on GDP but simply raising the minimum wages in too large of an increment not to be offset by increased demand and business is not sound economic policy.  Again, this is not a zero sum game.

You guys sure have a weird sense of how the economy works.

According to you, that nasty thing PROFITS will suffer if there is an increase in the minimum wage. The cost of the products increase so the person hurt the most are those in the low and middle income brackets.

When the cost of goods increase, or minimum wage employers have to hire fewer people who gets hurt? Who are the groups today with the highest unemployment?

If minimum wage increases worked, how do we have the same number of people below the poverty level today that we had in the mid 60's when the Lyndon Baines Johnson (D) War on Poverty and Great Society began?

Wordslinger

Wordslinger

Here's some reality :

From Wikipedia, the free encyclopedia
Median personal income for the population age 25 or older in 2005.[1]
Income in the United States

   Affluence in the United States
   Household income in the United States
   Income inequality in the United States
   (Male–female disparity • Racial disparity)
   Personal income in the United States
   Social class in the United States

Income by:

   State (localities by state • Income equality)
   County (highest | lowest)
   Metropolitan statistical area
   Place (highest | lowest)
   Urban areas
   ZIP Code Tabulation Area . . .




. . . Personal income is an individual’s total earnings from wages, investment interest, and other sources. In the United States the most widely cited personal income statistics are the Bureau of Economic Analysis’s personal income and the Census Bureau’s per capita money income. The two statistics spring from different traditions of measurement—personal income from national economic accounts and money income from household surveys. BEA's statistics relate personal income to measures of production, including GDP, and is considered an indicator of consumer spending. Census's statistics provide detail on income distribution and demographics and are used to produce the nation's official poverty statistics. Inflation-adjusted ("real") per-capita disposable personal income rose steadily in the U.S. from 1945 to 2008, but has since remained generally level.[2][3]

Income patterns are evident on the basis of age, sex, race and educational characteristics. In 2005 roughly half of all those with graduate degrees were among the nation's top 15% of income earners. Among different demographics (sex, marital status, race, gender) for those over the age of 18, median personal income ranged from $3,317 for an unemployed, married Asian American female[4] to $55,935 for a full-time, year-round employed Asian American male.[5] According to the US Census men tended to have higher income than women while Asians and Whites earned more than African Americans and Hispanics. The overall median personal income for all individuals over the age of 18 was $24,062[6] ($32,140 for those age 25 or above) in the year 2005.[7] The overall median income for all 155 million persons over the age of 15 who worked with earnings in 2005 was $28,567.[8]

As a reference point, the minimum wage rate in 2009 was $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is a little more than the poverty level for a single person unit and about 50% of the poverty level for a family of four (see Poverty in the United States)

2seaoat



I have paid $10 an hour for minimum wage jobs, not because I am a good guy, but because it is fair and fair makes for a good employee and employer relationship, which means better productivity and profit. I will honestly say when business is down, I have decreased hours, but Wal Mart paying their employees $10 an hour next week would not result in layoffs, rather Wal Mart's bottom line would be less and the items in the store for sale would have their prices increased to cover the increase in the labor component of the cost of goods. Arbitrary increases in minimum wage are more about inflationary cycles, but in our current low inflation environment the bump to an immediate 10 buck an hour would have minimal negative impact on our economy and would certainly see demand increase as those wages are paid and spent on products.

Wordslinger

Wordslinger

The debate about what workers make is irrelevant.

The real issue is the political issue-- and that one's obvious to all workers -- the republicans could choose to help workers or employers and they, as usual, don't care about workers. They care about money.

Guess who gets the vote of the millions of us who aren't ultra rich, blood sucking corporate oligarchs?

Reality.

Markle

Markle

Wordslinger wrote:Here's some reality :

From Wikipedia, the free encyclopedia
Median personal income for the population age 25 or older in 2005.[1]
Income in the United States

   Affluence in the United States
   Household income in the United States
   Income inequality in the United States
   (Male–female disparity • Racial disparity)
   Personal income in the United States
   Social class in the United States

Income by:

   State (localities by state • Income equality)
   County (highest | lowest)
   Metropolitan statistical area
   Place (highest | lowest)
   Urban areas
   ZIP Code Tabulation Area . . .




. . . Personal income is an individual’s total earnings from wages, investment interest, and other sources. In the United States the most widely cited personal income statistics are the Bureau of Economic Analysis’s personal income and the Census Bureau’s per capita money income. The two statistics spring from different traditions of measurement—personal income from national economic accounts and money income from household surveys. BEA's statistics relate personal income to measures of production, including GDP, and is considered an indicator of consumer spending. Census's statistics provide detail on income distribution and demographics and are used to produce the nation's official poverty statistics. Inflation-adjusted ("real") per-capita disposable personal income rose steadily in the U.S. from 1945 to 2008, but has since remained generally level.[2][3]

Income patterns are evident on the basis of age, sex, race and educational characteristics. In 2005 roughly half of all those with graduate degrees were among the nation's top 15% of income earners. Among different demographics (sex, marital status, race, gender) for those over the age of 18, median personal income ranged from $3,317 for an unemployed, married Asian American female[4] to $55,935 for a full-time, year-round employed Asian American male.[5] According to the US Census men tended to have higher income than women while Asians and Whites earned more than African Americans and Hispanics. The overall median personal income for all individuals over the age of 18 was $24,062[6] ($32,140 for those age 25 or above) in the year 2005.[7] The overall median income for all 155 million persons over the age of 15 who worked with earnings in 2005 was $28,567.[8]

As a reference point, the minimum wage rate in 2009 was $7.25 per hour or $15,080 for the 2080 hours in a typical work year. The minimum wage is a little more than the poverty level for a single person unit and about 50% of the poverty level for a family of four (see Poverty in the United States)

Still can bring yourself to accept FACTS can you.

Grow up, you know this is the TRUTH and not even come close to the lies you expound. Of course, if you put OUT the truth, you'd have no point.

The New York Times did not mention that the average family income of a minimum-wage worker exceeds $50,000 a year. How? The vast majority of minimum-wage workers are second (or third or fourth) earners in their family. Minimum-wage jobs are entry-level positions, primarily filled by unskilled and inexperienced workers. Many minimum-wage workers are between the ages of 16 and 24, and two-thirds work part-time.

Can't accept this can you? Why? Blows your who assertion out of the water does it not?



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