Quote: (05-19-2015 08:22 PM)Captainstabbin Wrote:
If minimum wage workers were worth $15, they'd get it.
By that logic, we'd still have people making $2.00/hr. Everytime the minimum wage is ranged, these same points come up. We'll have mass employment, these workers aren't worth that much, etc etc. Have any of these dire predictions ever come true when the minimum wage has been raised in the past?
I think another serious flaw in people's thinking here is that they aren't accounting for the true rate of inflation. The official inflation numbers are cooked. According to the government, the cost of living has been flat for the past 20 years, lol. Of course they simply discard everything that's increasing from the cpi basket and declare the inflation is nill.
The minimum wage when taking the true inflation cost of living into factor may be lower than it was 30 years ago. So bringing it to $15 may just realigning it with historical norms. Though I'm not sure if $15 is the right number. That sound even a bit high to me. I'd say the minimum wage should be no lower than $11/hr.
Quote: (05-19-2015 07:25 PM)The Beast1 Wrote:
Most fast food restaurants are going to switch over to machines with maybe 1 or 2 full time staff running the show.
What about restaurant and wait staff? Are tips deducted out?
No such machines exists. And imagine the enormous expense of purchasing such machines and maintaining them for thousands of fast food restaurants.
I know Inn N Out pays it's employees well above the minimum wage. Not sure if it's $15/hr but it's way above what other places pay. Yet the cost of their meals are the same as any other fast food restaurant.
Quote: (05-19-2015 07:17 PM)TigerMandingo Wrote:
I think it's a good idea. Even low-skilled, low IQ, or whatever designation the elite have for them people deserve a decent wage. Yes, even the people flipping burgers.
To the guys saying $15 is "way too much", how does Costco afford it then? I think the manosphere just hates poor people and considers them all a bunch of lazy-asses. I want the guy who makes my burger or dish to be able to afford food and rent. Then he is at least less likely to mug you or me for it.
Yeah. Little known fact is that most people on food stamps and public assistance actually work. They just don't make enough from their jobs to survive on. When places like Walmart and McDonalds don't pay a living wage, the taxpayer ends up subsidizing their workers through welfare. It's a great deal for the business owners. They get to keep wages low and make more profit and the taxpayer picks up the slack. Raising wages would allow these people to get off the dole and make their employers responsible for their well-being.
Quote: (05-19-2015 08:54 PM)Dismal Operator Wrote:
A few issues:
1. Why is $15 the magic wage? Why not $20 or $50?
2. People are paid based on their productivity. If the going rate for a certain skillset is $8/hr, mandating everyone pay $15/hr for that $8/hr production isn't going to end well. Employers are either going to start automating much more, or they're just going to fire those workers.
3. If an $8/hr skillset all of a sudden pays $15, the people who can only produce $8/hr are going to be all of a sudden competing with people who are capable of producing way more than that. An employer is going to have all kinds of options and will probably go with the person with the best 'credentials.' I can see a scenario where a bunch of college students and/or graduates start taking over a lot of jobs that were once populated by immigrants trying to hustle. The new wage is simply going to price them out because they're less likely to compete on 'intangibles.' Also that will be grounds for a lot of lawsuits methinks.
4. If it's such a great idea, why not implement it tomorrow? Instead they are phasing it in over 5 years. Im sure they know that if they did it tomorrow, the disruption that would follow would ruin their political careers, so they spread it out over 5 years so as to play the crash in slow motion.
5. Prices for final goods are going to have to rise dramatically.
1) Good round number I guess.
2) People aren't paid on their productivity. Productivity has increased dramatically in the last 15 years but wages have not. People are paid as little as an employer can get away with. Wages only start to rise when unemployment numbers fall. But our unemployment figures don't include people who gave up looking. Or account for many who are underemployed or working part-time or as freelancers who are seeking full-time w/ benefits.
This is a good relevant read:
http://www.pbs.org/newshour/making-sense...get-ahead/
Corporate profits are great. Incomes for workers are not. Part of that has to do with the undermining of overtime laws which means more workers are being forced to work way over the 40 hour work week. This means employers can get more work out of each person without having to pay for it. This reduces the number of employees needed and causes unemployment rates to be higher than they otherwise would be. The higher unemployment rate then makes employees scared to complain about being overburdened because they don't want to lose their jobs.
3) It will help shift payscales upward. This is really something Los Angeles needs one way or another. L.A. is the the most expensive city in the country if you look at incomes relative to cost of living. More expensive than SF or NYC.
4) Because an adjustment period is necessary. Of course it's a disruption. But so was getting rid of child labor and sweatshops.
5) Not necessarily, by that logic, Inn N Out should cost $12 a meal, but they pay high wages and their meals are the same as they cost at Burger King. Wages can rise and prices can stay the same if the company concedes some profit and that's fine with me. Companies have been doing fine for some time. Let the workers have their turn. They can't raise prices beyond what the market will bear.