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Thread: SOTU Address:[W: 378; 1310; 1451]

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by ttwtt78640 View Post
    Yes, minimum wage is not designed to support "independent living".
    why should the minimum wage not be a living wage?
    Minimum wage in 1970 was $1.25/hour, if I remember correctly, and adjusted for infltion that is now about $7.40/hour.
    i recall it as $1.60; substantially higher than the $0.35 when i lived as a teen in japan - but it did not go as far
    minimum wage graph.jpg
    When I worked at that wage I needed a roommate to get a small appartment and afford a barely running used car. After four and a half years I had a much better job and an AA degree in Comptuer Data Processing from a local community college. I worked full time and took classes part-time, still lived with roommates and bought a small 3/bedroom 1/bath house - renting out two rooms.

    CPI Inflation Calculator
    minimum wage rate adjusted.jpg
    appears Obama is trying to return the minimum wage to an effective rate similar to what you and i "enjoyed" in our youth; still less than a living wage
    we are negotiating about dividing a pizza and in the meantime israel is eating it
    once you're over the hill you begin to pick up speed

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    Re: SOTU Address:

    Quote Originally Posted by Objective Voice View Post
    ........

    If Republicans had their way they wouldn't raise taxes on anybody for any reason - PERIOD! Yet their leadership has constantly said that the best way to raise revenue is by having more people employeed who would then pay into the federal tax system. Thus, I ask again, why would Republicans be opposed to this measure? You're fighting against your own anti-tax (increase) idealogy.
    I think you are wrong about that. The President keeps cutting the legs out from under the Speaker of the House. Every time he does that with his refusal to give up anything and run out in front of the press corps to gloat at every possible opportunity, he gives people like Eric Cantor more and more power. Boehner is someone the POTUS could work with if the POTUS could actually lead the democrats in the Senate, which he cannot.

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    Re: SOTU Address:

    Quote Originally Posted by Conservative View Post
    How much tax do you pay on a gallon of gasoline? Any idea? You don't think the President energy policies affect gasoline prices or taxes don't affect gasoline prices? What risk does the govt. have to develop that gallon of gasoline?

    The government makes FAR more on every gallon of gas than the oil company....

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by ttwtt78640 View Post
    Yes, minimum wage is not designed to support "independent living". Minimum wage in 1970 was $1.25/hour, if I remember correctly, and adjusted for infltion that is now about $7.40/hour. When I worked at that wage I needed a roommate to get a small appartment and afford a barely running used car. After four and a half years I had a much better job and an AA degree in Comptuer Data Processing from a local community college. I worked full time and took classes part-time, still lived with roommates and bought a small 3/bedroom 1/bath house - renting out two rooms.

    CPI Inflation Calculator
    Minimum wage was $1.60 in 1970

    U.S. Minimum Wage History


    According to your calculator that's $9.47.


    Here's a history of minimum wage in Constant dollars

    Federal Minimum Wage Rates, 1955

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    re: SOTU Address:[W: 378; 1310; 1451]

    Is there some rule in liberal education that has outlawed the study of economics?

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    Re: SOTU Address:

    Quote Originally Posted by Wayno View Post
    The government makes FAR more on every gallon of gas than the oil company....
    No question about it but you will never convince a liberal of that even showing them the P&L's. Liberals never admit when they are wrong

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    Re: SOTU Address:

    Quote Originally Posted by Objective Voice View Post
    When you artificially keep wages flat despite the rise in inflation, you force more people into poverty thereby forcing more people to live off the very entitlement programs you rally against…
    I keep reading, both here (liberals/progressives claims in the economics thread) and other sources; there has been little/no inflation of late, which conservatives/libertarians disagree with. And considering using the inflation calculators the current minimum wage is above that calculated from 1990-current…what am I missing?

    You can't have it both ways.
    Indeed…apparently.
    "The fact that we are here today to debate raising America's debt limit is a sign of leadership failure" - 2006 Senator Obama...leadership failure indeed!

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    Re: SOTU Address:

    Quote Originally Posted by Wayno View Post
    I'm not the one who started a conversation by calling the person I responded to stupid....

    But I've got A LOT of experience posting on sites like this, and there's a CONVERTED effort to insult Conservatives, in the hope of silencing them and their opinions.

    I treat people the way I'm treated, and answer insult with insult.

    If you WANT respect, SHOW respect.

    "The argument from intimidation is the admission of intellectual impotence."- Ayn Rand
    There's no effort on my part to insult Conservatives. You guys do that all by yourselves. Your very comment in protecting the earnings of business owners while overlooking the plight of the working poor is evidence enough of how off-base and out of touch many of you on the Right truly are. Your every defense against raising taxes is all about how to get people from unemployment to employment. But you never discuss "how" to prepare the workforce of the future nor what to do to ease the economic burden on those who are struggling financially until they are able to find full, meaningful employment. In the minds of most Republicans, those who are unemployed are truly on their own.

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    Re: SOTU Address:

    Quote Originally Posted by Eighty Deuce View Post
    Bull**** ! The choice should not be "living wage" or various government teat programs. That is a downward spiral of unaccountability and debt and ruin ! One must simply live within their means. A "living wage" should be calculated such that there are 3 or more minimum wage occupants in a 3 room apartment, eating ramen noodles for dinner. They are alive ! And the best teacher ever known, "hardship", is most wise !

    Your concept of options was poorly thought out. And so liberal.
    Liberals are SO stupid....

    The media convinced women to enter the workplace by calling jobs "careers."

    Once they got out there, they raised the price of everything so high, it often took two people working to support a family....

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    re: SOTU Address:[W: 378; 1310; 1451]

    Quote Originally Posted by uhohhotdog View Post
    Minimum wage was $1.60 in 1970

    U.S. Minimum Wage History


    According to your calculator that's $9.47.


    Here's a history of minimum wage in Constant dollars

    Federal Minimum Wage Rates, 1955
    WRONG. Using your own 2nd link, in constant 1996 dollars the 1970 minimum wage was $4.96 and in 2012 was $4.97. Think before you drink, even Koolaid.
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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