C8 wrote:The problem SixStrings (play guitar?) is that if $15 is good than why not give everybody $100 an hour? According to your theory it is all the same.
I play a bit of classical guitar, I'm not really proficient but do enjoy what I can do with it.
Various economists arrived at that $15 figure, saying that if it had kept pace with inflation then it would be $15 now (and also if productivity gains had gone more equally to the working and middle class and not overly weighted to the financial sector rich).
To answer your question, why not $100 an hour?Because quite simply, that is too much. $15 is just right, not too much and not too little.
After taxes and SS withholding, $15 an hour comes out to about $1920 ish a month net.
So let's do up a budget for a working class person (assuming they've got 40 hours a week work, which isn't assumed these days, a lot of it is 30 hours or under part time so $15 is even more important):
Electricity: $100
Cable tv: $100
Cellphone: $50
Car payment (that can be a range of figures, let's just say $250).
Vehicle insurance: $75
Rent: $600
So all that adds up to $1175, leaving $825 a month or $206 a week, for food and clothing and dental expenses and healthcare expenses. If they're on the ACA then what's that cost, $200 a month? $300? And then, prescriptions etc. etc.
And then all of life's emergencies.. vehicle repairs, new tires, etc.
Clothing. Some kind of entertainment / shopping.
Even $15 an hour, leaving $825 ish net a month for food and all of life's expenses, is not much money.
But it would be enough for the basics in life, so that things would be a bit more like they were back in the 90s.
All I know is that the minimum wage is something that used to get raised about every four years and it was sometime during the W. Bush administration that Republicans STOPPED raising it. And then, they blocked Obama from raising it too and O is also to blame because he didn't really fight for it or care.
This is something R's just used to do folks, I'm sorry. Guys like HW Bush and Bob Dole, Republicans used to complain a bit and delay it but they never totally blocked it for over twelve years like what we have now, they'd just delay a bit and then raise the minimum wage every x number of years.
I'm old enough to remember that government used to do a list of certain things and now government doesn't do it anymore (keeping college costs down, and raising minimum wage) and you all think it's normal or something but I'm sorry I don't think it is.
This minimum wage issue is not just "the poor."
I don't what billionaire world all of you all live in.
But in my world, of middle class and upper middle class people -- a lot of them have twentysomething kids still living at home, that have no hope of affording their own apartment at least and having a roommate. They simply do not make enough money. They need $15 an hour at least, like how it was when I was in my 20s and I had my first apartment starting out in life.
And other than 20 year olds, there's a *lot* of fifty and sixty year olds trying to work for under $15 an hour. Heck, government jobs used to be the good jobs.. in my area, a lot of those are paying less than $15 an hour.
There is a fly in your ointment however- its called world trade. Other nations don't feel our labor is that valuable.
I'm sorry I don't buy it; big box chain stores and other corporations could afford to pay at least $15 an hour. They've all got record profits and money sitting on their balance sheets, for many years now.
Another fly (horsefly in fact): massive idleness from wage induced unemployment leads to social disruption- always has, always will.
We've already got record unemployment. $15 minimum wage would be real economy stimulus, for main street. Working and middle class people with more money in their pocket could then afford to patronize more businesses, and then those would grow.
The real problem isn't raising wages- its lowering costs for the poor.
I think a living wage makes more sense, versus a myriad of government programs to send checks out. Just have corporations pay their workers enough to live a basic life, like old Henry Ford believed in back in the 1920s.
I'm sorry guys, I'm just a "small c conservative" on this issue and that means I don't like things to change. Republicans used to raise the minimum wage every seven years or so and then they stopped doing that, and I think they should start doing it again.
And they should start getting college costs way down, and they should do student debt relief.
And ACA needs to get fixed so that it's affordable.
These things need to get done, and Republicans just don't have any plan for it except the same old "let's do healthcare savings accounts" type stuff.
Trump's at least majorly different in that he wants to bring factory jobs back, but at the end of the day walmart is the #1 employer -- not everyone is gonna work in a oreo cookie factory, that's not the total answer.
The retail jobs, the construction jobs, the clerks and lower end healthcare, and city and county gov -- they all need to be at least $15 an hour, minimum.