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House passes bill that would raise the federal minimum wage to $15

Kushinator

I'm not-low all the time
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This legislation gets the ball rolling for a legitimate means of indexing minimum-wage growth. I think this is an absolutely wonderful idea because it (eventually) makes minimum-wage growth a function of overall wage conditions. If median wages are increasing, so will the wage floor... If median wages remain stagnant (in the event of declines in wage rates, i don't believe there is language for rolling back the wage floor) minimum wages will hold flat. Of course, in order to get there, it will take one wage hike of $1.15/hr in 2019 and then six wage hikes of $1.10/hr each following year until 2025. At that point, the minimum wage will be effectively tied to that of the median wage.

Now given that Trump and McConnell will unlikely support this piece of legislation, i don't see this happening until 2021 at the earliest.

The rest of the article can be found here

CNBC has a more detailed analysis here
 
DOA

/thread
 
This legislation gets the ball rolling for a legitimate means of indexing minimum-wage growth. I think this is an absolutely wonderful idea because it (eventually) makes minimum-wage growth a function of overall wage conditions. If median wages are increasing, so will the wage floor... If median wages remain stagnant (in the event of declines in wage rates, i don't believe there is language for rolling back the wage floor) minimum wages will hold flat. Of course, in order to get there, it will take one wage hike of $1.15/hr in 2019 and then six wage hikes of $1.10/hr each following year until 2025. At that point, the minimum wage will be effectively tied to that of the median wage.

Now given that Trump and McConnell will unlikely support this piece of legislation, i don't see this happening until 2021 at the earliest.

The rest of the article can be found here

CNBC has a more detailed analysis here

Political posturing. Show bill.
 
As long as other wages are required to increase accordingly fine. If not I hope this defacto pay cut for skilled labor fails miserably.
 
not just no

but HELL NO

you want to talk...lets be realistic

national from $ 7.25 to $ 9.00 immediate

then a look at the wage every 3-5 years, and adjust for inflation

if communities and states want to go higher, let them

$ 9.00 as a NATIONAL number is fine
 
And with that, the economy just takes a huge giant dump...

It's a show bill designed to say, hey look voters.....we care...... and when it kills the economy, it won't matter to them, they will have their 174K salaries and guaranteed health care, and retirement etc,

Absolute nonsense.
 
not just no

but HELL NO

you want to talk...lets be realistic

national from $ 7.25 to $ 9.00 immediate

then a look at the wage every 3-5 years, and adjust for inflation

if communities and states want to go higher, let them

$ 9.00 as a NATIONAL number is fine

You try living on 18k a year
 
You try living on 18k a year

dont have to....neither do ANY of my employees...my lowest paid makes $ 11 bucks an hour

but i am not going to tell some other business owner what they should pay their employees....

if they cant find decent employees maybe they will learn, maybe they wont....

it's easy to SPEND OTHER PEOPLES MONEY....

maybe you guys need to learn how to make it first?
 
dont have to....neither do ANY of my employees...my lowest paid makes $ 11 bucks an hour

but i am not going to tell some other business owner what they should pay their employees....

if they cant find decent employees maybe they will learn, maybe they wont....

it's easy to SPEND OTHER PEOPLES MONEY....

maybe you guys need to learn how to make it first?

You should try living on 18k a year and see if you like it.
 
You should try living on 18k a year and see if you like it.

I did....and then I realized I wanted more...so I took the steps necessary....to get more....

Minimum wage should NEVER BE a CAREER CHOICE, like some people have made it to be.
 
This legislation gets the ball rolling for a legitimate means of indexing minimum-wage growth. I think this is an absolutely wonderful idea because it (eventually) makes minimum-wage growth a function of overall wage conditions. If median wages are increasing, so will the wage floor... If median wages remain stagnant (in the event of declines in wage rates, i don't believe there is language for rolling back the wage floor) minimum wages will hold flat. Of course, in order to get there, it will take one wage hike of $1.15/hr in 2019 and then six wage hikes of $1.10/hr each following year until 2025. At that point, the minimum wage will be effectively tied to that of the median wage.

Now given that Trump and McConnell will unlikely support this piece of legislation, i don't see this happening until 2021 at the earliest.

The rest of the article can be found here

CNBC has a more detailed analysis here




I like the idea of indexing it to the median wage.
I also think that in anticipation of negotiating with the Senate, the bill will purposely include a higher amount of minimum wage. I do not know if government and business in the piss poor South can afford an increase to $15 even if it is incremental. Thanks for the links.
 
I did....and then I realized I wanted more...so I took the steps necessary....to get more....

Minimum wage should NEVER BE a CAREER CHOICE, like some people have made it to be.

some people don't have any options. full time minimum wage work should afford someone at least with means to survive.. apartment, car, groceries, health insurance.
 
dont have to....neither do ANY of my employees...my lowest paid makes $ 11 bucks an hour

but i am not going to tell some other business owner what they should pay their employees....

if they cant find decent employees maybe they will learn, maybe they wont....

it's easy to SPEND OTHER PEOPLES MONEY....

maybe you guys need to learn how to make it first?

$11 an hour is $22,800 per year.

I made more than that as a 22 year old in 1984.

Are you bragging about paying $11 an hour to adults?
 
some people don't have any options. full time minimum wage work should afford someone at least with means to survive.. apartment, car, groceries, health insurance.

BS, everyone has options, choices, they just aren't strong enough to make them, or won't sacrifice to make them.
 
BS, everyone has options, choices, they just aren't strong enough to make them, or won't sacrifice to make them.

In a capitalist economy where there is competition, some people will always lose and remain at the bottom.
 
BS, everyone has options, choices, they just aren't strong enough to make them, or won't sacrifice to make them.

No, they don't. What would you say to people who had kids young?
 
You try living on 18k a year

The person who needs and wants to acquire a work ethic, obtain people skills and training in other marketable skills, needs references to advance in life is thrilled to work for minimum wage for awhile. In the current economic climate, nobody, and I mean nobody, who merits more than minimum wage will stay at minimum wage for long other than by choice.

Meanwhile minimum wage opens the door for millions who have been among the hard core unemployed for years and/or for their entire lives. An employer will take a chance on the risk and expense of training such people at minimum wage. At skilled labor wages, not so much.
 
The person who needs and wants to acquire a work ethic, obtain people skills and training in other marketable skills, needs references to advance in life is thrilled to work for minimum wage for awhile. In the current economic climate, nobody, and I mean nobody, who merits more than minimum wage will stay at minimum wage for long other than by choice.

Meanwhile minimum wage opens the door for millions who have been among the hard core unemployed for years and/or for their entire lives. An employer will take a chance on the risk and expense of training such people at minimum wage. At skilled labor wages, not so much.

I don't think minimum wage is that thrilling you should try it. Quit whatever you do and go work for an Arby's for a couple years. I'd like to hear your opinion afterwards.
 
No, they don't. What would you say to people who had kids young?

You should of been more responsible in your family planning and not expect others to subsidize your poor choices
 
You should of been more responsible in your family planning and not expect others to subsidize your poor choices

So, tough **** basically.
 
This legislation gets the ball rolling for a legitimate means of indexing minimum-wage growth. I think this is an absolutely wonderful idea because it (eventually) makes minimum-wage growth a function of overall wage conditions. If median wages are increasing, so will the wage floor... If median wages remain stagnant (in the event of declines in wage rates, i don't believe there is language for rolling back the wage floor) minimum wages will hold flat. Of course, in order to get there, it will take one wage hike of $1.15/hr in 2019 and then six wage hikes of $1.10/hr each following year until 2025. At that point, the minimum wage will be effectively tied to that of the median wage.

Now given that Trump and McConnell will unlikely support this piece of legislation, i don't see this happening until 2021 at the earliest.

The rest of the article can be found here

CNBC has a more detailed analysis here

It will not pass the Senate without compromise. Comprise would mean bringing it down to maybe $12/hr by 2025.
 
No, they don't. What would you say to people who had kids young?

And? That's a choice they made.....now you have to work within what you have, to get out of that, if that means food stamps, food stamps, living with relatives, live with relatives, work two jobs, work a job and a half, work a job, and study at home, online college,

Again, it's not choices that are limited, it's people that limit their choices.
 
DOA

/thread
Then the "'populist' GOP will have to explain to voters why the long overdue raising of the MW was killed by them.
 
And? That's a choice they made.....now you have to work within what you have, to get out of that, if that means food stamps, food stamps, living with relatives, live with relatives, work two jobs, work a job and a half, work a job, and study at home, online college,

Again, it's not choices that are limited, it's people that limit their choices.

Working 2 jobs, going to school, and raising children. :lamo Christ you guys are in love with the idea that you can just do it all aren't you?

Tell ya what.. if hard work leads to wealth and comfort, then why aren't the hardest working people the richest?
 
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