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Minimum Wage

January 30, 2014

Dear Editor I do not mean to be overly political, although it is my major, but I wanted to comment on the Minimum Wage issue from the State of the Union....

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(21)

gratzi

Mar-13-14 11:59 AM

Corey, Corey, Corey I love your enthusiasm. I too majored in PolySci down in Athens and I also had to sit thru many of the lectures of Liberal Indoctrination Theory. Fortunately, I realized what was being said and what was the truth were very different. It is really a simple solution. Go ahead and raise the minimum wage. Just remember though, Minimum will always be minimum. Once you raise it, everything else will go up with it. It is simply logic which should dictate here. Plus, it has nothing to do with fixing some income inequality issue. It only has to do with politics and getting votes by creating class warfare. While your at it, do what BCF suggests and continue to tax the he!! out of the wealthy/small-large business and so on. Eventually, there will be no money left

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clarity

Feb-02-14 10:38 AM

Companies will pass on the expenses to the customer. That is how the entire system works. The only way to bring home more money is to drop the taxation on the businesses, decrease the amount of insurance costs and drop the overhead expenses. Then you will see not only your money go further (from lower costs), but you will be able to save more for 'rainy days'. Adding more overhead costs to a business are not going to reduce your end all costs. Sorry, not how that works.

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clarity

Feb-02-14 10:35 AM

My personal opinion is this; Reduce the taxation on the worker so they will have more money in their pocket. Also, if you do not want to work for minimum wage then start your own company. Then you can work for much less then minimum wage.

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Thoughtful

Feb-01-14 1:48 PM

BCF Go for the 15 Per hour minimum or even better 20per hour. that would more than double the minimum wage. A great idea. You may want to be certain you are not one in this category....Wonder Why ????????

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Ericae

Feb-01-14 12:51 PM

If the minimum wage increases so will the price on every product and service. This may not affect some people greatly but for those who have a low fixed income such as social security and are already truly struggling it will be another blow.

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BushCrimeFamily

Jan-31-14 2:32 PM

(3) Higher taxes on the wealthy to finance investments in better roads, bridges, public transportation, early-childhood education, world-class K-12, and affordable higher education, are investments in the future productivity of America, from which all of us gain, including the wealthy.

Why have so many (especially right-wing Republicans, corporate executives, Wall Street moguls, and supply-side economists) forgotten these three lessons? - Robert Reich

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BushCrimeFamily

Jan-31-14 2:32 PM

The three biggest lessons we learned from the era of shared prosperity in the first three decades after World War II: (1) America's real job creators are consumers, whose rising wages generate jobs and growth; if average people don't have decent wages there can be no real jobs recovery and no sustained growth. (2) The rich would do better with a smaller share of a rapidly-growing economy, fueled by the purchasing power of a large and growing middle class, than they do with a huge share of an economy that's barely growing at all. (cont.)

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QuizhatKaddyshack

Jan-31-14 1:29 PM

Turley, it is really tough to live on minimum wage! I speak from experience. I lived on minimum wage for five long, hard and non prosperous (money wise) years! Yes, while I was putting myself through school I worked numerous minimum wage jobs sometimes three at a time, just to pay room, board and tuition. Once I graduated, I said goodby to minimum wage. If your goal in life is to retire from a minimum wage job, you have no ambition or self respect. Get off your dead a s s e s and take responsibility for your life and better it!

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turley

Jan-31-14 1:18 PM

All these stupid plans will do is the SAME as they did in the past....drive the middle class closer to the lower!!.....an increased minimum wage results in a seven dollar Big Mac, but NOT in reduced poverty....havent we all seen this movie before????

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promo61

Jan-31-14 8:25 AM

Raising wages and healthcare costs are not mutually exclusive. Both impact the employer. I've talked to small business owners for practical feedback. Some who are older and have worked hard for years (and are not greedy or making obscene profits) are simply giving up and closing down because it's no longer worth the struggle. Everyone should own a business once in their life and walk in the other side's shoes.

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Thoughtful

Jan-31-14 12:06 AM

The real issue is jobs in the private sector. That will drive wages more than this fluff grandstand announcement. If you are not working, then this means nothing.

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oluhjnb

Jan-30-14 11:07 PM

And turley is pure stupidity. In 1972 a gallon of gas was about .36 cents. YOU go live on minimum wage turley.

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turley

Jan-30-14 9:04 PM

The minimum wage was 1.65 in 1972. It has been raised multiple times. It is now 2014...do you see MORE poverty, or LESS than in 1972???....Einstein defined insanity as doing the same thing over and over and expecting a different result. As for the great dividers "speech".....more lip service and more fodder toward his desire to divide by class and income...he is pure evil.

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uglyassmf

Jan-30-14 3:40 PM

I think any one who thinks it shouldn't be raised doesn't have a clear picture of what has happened over the last 8 years. Prices of most groceries have doubled as well as product size diminishing. Obviously the minimum wage hasn't. what ever they do and once they get the new minimum wage set the increases or decreases ( yes I said decreases )should be tied to the cost of living annually. If this had been done years ago we wouldn't have the greed driven problems associated with current prices. So every April raise or lower the minimum wage the same percentage that the average cost of living either increases or decreases. This will force corporations to think twice before they decide to price gouge simply to increase an already huge. profit.

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nobama

Jan-30-14 3:15 PM

Gotta laugh at this....so oh wise ones where does the money come from? If you force me to increase my labor costs by 40% I will decrease my staff by 33%....that means you're going to wait a little longer for service, stand in line a little longer....plus I will increase my prices because that's what you expect to happen (customer is always right)..In the end you will pay more for less and my profits increase.

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BushCrimeFamily

Jan-30-14 12:02 PM

But other than raising the minimum wage to $10.10, his remedies -- an executive order raising it for federal contractors, improving access to broadband, creating retirement savings bonds, and reforming federal training programs -- were policy miniatures. Granted, the Republicans won't go along with anything, and too many Democrats lack the spine to take a stand. But then why not think big and lay the groundwork for a new shared prosperity that America might achieve when we send Republicans packing and give Democrats some backbone? -- Robert Reich

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BushCrimeFamily

Jan-30-14 12:02 PM

Rarely before in American history has there been such a disconnect between the mammoth size of the nation's central problem as stated by a President in a State of the Union message, and the small-bore solutions offered. Obama got the problem right last night: "Those at the top have never done better, but average wages have barely budged. Inequality has deepened. Upward mobility has stalled ... Too many Americans are working more than ever just to get by, let alone to get ahead." (cont.)

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BushCrimeFamily

Jan-30-14 11:58 AM

(8) A fight over the minimum wage would also illustrate that Republicans don’t want to help hard-working people – giving context to their similar opposition to extended unemployment benefits, food stamps, Medicaid, paid sick leave, and unions.

In fact, if Democrats were smart, they’d propose a hike to $15 an hour, not just $10.10.

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BushCrimeFamily

Jan-30-14 11:57 AM

(5) Because low-wage workers spend everything they earn, putting more money in their pockets would generate more spending and therefore more jobs elsewhere in the economy. (6) Past minimum-wage hikes show little or no loss of jobs because most of these workers are in person-to-person services (retail, restaurant, hotel, etc) which can’t be outsourced abroad or easily automated. (7) We’ve also seen that such pay increases are most likely to come out of profits rather than higher prices because these businesses are in intense competition for customer dollars. (cont.)

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BushCrimeFamily

Jan-30-14 11:57 AM

Eight reasons why Democrats ought to use the minimum wage hike as a battering ram against Republicans, leading up to the 2014 elections: (1) Polls show widespread support for a minimum-wage hike across all income groups, including 58% of white working-class Americans (in latest Wall St Journal/NBC poll) and 49% of self-identified Republicans. (2) Even larger majorities believe no family with a full-time worker should live in poverty. (3) The minimum wage a half-century ago adjusted for inflation would be over $10 an hour today, if adjusted for productivity gains as well it would be $15. (4) The typical minimum wage worker today isn’t a teenager but an adult who brings home at least half of family income. (cont.)

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Thoughtful

Jan-30-14 9:57 AM

Conor, Your comment that small businesses Pay more than large businesses is not correct. sorry.

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