View Poll Results: Assuming a 40 hour work week, is minimum wage a lot?

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Thread: Is minimum wage a lot?

  1. #121
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    Re: Is minimum wage a lot?

    Quote Originally Posted by BretJ View Post
    You missed the point. If minimum wage were raised to that level, in a short amount of time, $40000 would only buy as much as minimum wage does now.
    I disagree with this part (above), can you please explain your thinking behind it?

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    Re: Is minimum wage a lot?

    Quote Originally Posted by SMTA View Post
    Same end - wrong again.

    You want it, you fund it.

    I'll bet that you could even start your own website where rich folks can donate to others.

    Let me know how that goes, or are you too lazy to do that also?

    Leave the rest of us out of your games.

    I'm not the government. You're asking me to do the government's job.

  3. #123
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    Re: Is minimum wage a lot?

    Quote Originally Posted by Peter Grimm View Post
    No, it's called being humane. We have the money, so we have the responsibility to look out for the poor.
    Please clarify what you mean by "we have the money". Last I checked, the country is in debt. Do you mean "other Americans have money that can be redistributed"?
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  4. #124
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    Re: Is minimum wage a lot?

    Quote Originally Posted by Peter Grimm View Post
    This looks like a slippery slope argument to me. I'm not buying it. Just because you raise the minimum wage doesn't mean everyone else gets a raise from their employers.
    Reality is, your idea is a slippery slope. You don't think your idea has not been studied to great length by politicians hoping to score political points? Your idea has been tried to a certain extent. It only works for a little while and then things find their economic equilibrium. Only the numbers change. A fry cook will only ever have the purchasing power of a fry cook. A towel folder will only have the purchasing power of a towel folder. Slippery slope or not, that is reality.
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  5. #125
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    Re: Is minimum wage a lot?

    Quote Originally Posted by SMTA View Post
    Hello, my friend.

    Most folks are clueless on how our economy really operates, and make moronic statements about realigning income so everyone is the same.

    They have no understanding of how a profit based business operates.

    No profit = no businesses.

    Of course, these morons have never actually started and run a business of their own.....
    True that! There should be lessons that teaches the whiners how to connect the dots!

  6. #126
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    Re: Is minimum wage a lot?

    Quote Originally Posted by Peter Grimm View Post
    I disagree with this part (above), can you please explain your thinking behind it?
    Simple. Let's say we raised minimum wage to $40000 a year but no other wages were to increase for any other professions. You can seriously tell me that someone folding towels in a gym or flipping burgers should earn as much as a paramedic? They should make as much as a short haul pilot? Really?
    You earn what your skills are worth....your skills are only worth what they bring to the table.
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  7. #127
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    Re: Is minimum wage a lot?

    Quote Originally Posted by Peter Grimm View Post
    This looks like a slippery slope argument to me. I'm not buying it. Just because you raise the minimum wage doesn't mean everyone else gets a raise from their employers.
    Would you not be devaluing more experienced workers if you only raised the minimum wage workers pay? IMO this would be especially true in jobs where there is not much difference between a entry level worker and the first line supervisor.

  8. #128
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    Re: Is minimum wage a lot?

    No, but then again it's the legal minimum. It shouldn't be a lot.
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  9. #129
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    Re: Is minimum wage a lot?

    Quote Originally Posted by vasuderatorrent View Post
    Assuming a 40 hour work week, is minimum wage a lot of money?
    compared to no money yes.. compared to 97% of the jobs out there, no. 14,500 is hard to live off of in all parts of the country, throw in a dependent, or two and you are looking at poverty and government assistance needed to stay afloat

  10. #130
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    Re: Is minimum wage a lot?

    Quote Originally Posted by digsbe View Post
    No, but then again it's the legal minimum. It shouldn't be a lot.
    There should be no minimum. Business is about mutual agreements and the market will determine the value of any goods and services.
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