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| So you want $15 an hour?; Sure, if only you can find a job | |
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| Tweet Topic Started: Apr 16 2016, 02:30 AM (1,140 Views) | |
| Drudge X | Apr 16 2016, 02:30 AM Post #1 |
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Told ya so. http://www.latimes.com/business/la-fi-garment-manufacturing-la-20160416-story.html |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| 70-101 | Apr 16 2016, 03:04 AM Post #2 |
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"Los Angeles was once the epicenter of apparel manufacturing." Starting in about the 1830's, from midtown Manhatten to the East Side, NYC has been known as the epicenter of the garment industry, thanks largely to immigrants. In the 1830's LA was nothing more than a small village, with a population of a few thousand Mexicans. So, you haven't told us anything. Edited by 70-101, Apr 16 2016, 03:05 AM.
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| Drudge X | Apr 16 2016, 03:32 AM Post #3 |
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Sure I did. "Global economy" |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| Two a.m. | Apr 16 2016, 03:54 AM Post #4 |
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15 bucks an hour is well beyond the highest the wage has ever been in constant dollars. Far too high. |
| "The stars can be near or distant, according as we need them." - George Orwell, 1984 | |
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| dcbl | Apr 16 2016, 04:01 AM Post #5 |
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Good guys wear white hats
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it would crush small businesses and decimate the black community in poor/depressed areas |
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Republicans sign checks on the front, democrats sign them on the back…True story! | |
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| Two a.m. | Apr 16 2016, 04:35 AM Post #6 |
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It seems likely that it would cost jobs. There are a number of Democrats out there who think the figure is outrageous but with Bernie-mania running wild people are afraid to say so. Hillary has basically been forced to endorse it. She prefers 12 an hour, which I still think is a bit high. I like Obama's idea which is 10 an hour which is a bit on the high side historically (11 is the high point in constant dollars) but is reasonable. |
| "The stars can be near or distant, according as we need them." - George Orwell, 1984 | |
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| Attaburnsinhell | Apr 16 2016, 07:38 AM Post #7 |
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Well you're both dead wrong People making $15 an hour will flood the consumer economy with much needed cash from the bottom up. That can only help businesses Wages have stagnated in purchasing power for three decades. The minimum wage hasnt been raised in eight years, so 40% of the US is actually making less money year to year, figuring in inflation The thing hurting growth is personal debt and low wages. An overall increase in wages will eliminate a lot of that debt Edited by Attaburnsinhell, Apr 16 2016, 07:38 AM.
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| Tsalagi | Apr 16 2016, 01:19 PM Post #8 |
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so, let me get this straight Atta, you want me to pay $15hr to the 16yr old kid who nukes my egg mcmuffin? |
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| Harambe4Trump | Apr 16 2016, 01:21 PM Post #9 |
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The black community consistently supports progressive democrats with their vote. Actions have consequences. |
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Skipping leg day is the equivalent of a woman having an abortion. You're ashamed of it, and it was probably unnecessary. #MAGA #wallsnotwars | |
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| Dem4life | Apr 16 2016, 02:10 PM Post #10 |
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Are you under the impression only teenagers work at fast food restaurants... |
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| Drudge X | Apr 16 2016, 02:13 PM Post #11 |
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Blacks are so fixated on the "payback" mentality and blamed Republicans for slavery that they are not seeing the opportunities opening up for them. Here's something that leftists will never admit. Blacks living among whites are safer and have better living conditions than living among other Blacks. |
| Kate Steinle was separated from her family permanently but leftists didn't seem to mind. | |
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| Dem4life | Apr 16 2016, 02:16 PM Post #12 |
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Cons are obsessed with black people. So much so that in the bible belt black porn is the most watched... |
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| Harambe4Trump | Apr 16 2016, 02:19 PM Post #13 |
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White people aren't. |
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Skipping leg day is the equivalent of a woman having an abortion. You're ashamed of it, and it was probably unnecessary. #MAGA #wallsnotwars | |
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| Dem4life | Apr 16 2016, 02:45 PM Post #14 |
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This week’s strikes by the underpaid workers of the Fight for $15 movement come on the heels of their landmark $15 minimum wage victories in California and New York last month. All told, 17 million workers have won raises since the Fight for $15 was launched more than three years ago – and 10 million are now slated to receive raises to $15, cementing that figure as the benchmark for strong national action on wages. These new $15 minimum wages will raise pay for more than one in three workers in California and New York by about $4,000 a year. That’s enough to begin reversing decades of wage inequality and make a real difference for a waitress or a child care worker who today struggles on just $16,000 a year. But even as it gains momentum, some liberal-leaning economists have voiced doubts about the $15 minimum wage. However, careful review of the evidence reveals a strong economic case for $15. Cost-of-living data confirms the workers’ message, that $15 is the minimum they need to live decently. Whether in Buffalo, Bakersfield or Houston, a single worker needs $15 an hour just to cover the basics. It’s true that living costs are even higher in many metro areas – but that just shows that workers in high-cost cities could use even more than $15 – not that $15 by the early 2020s is excessive in lower-cost regions. What about the impact on employers and hiring? This week Goldman Sachs analysts noted that, “The economic literature has typically found no effect on employment [of recent U.S. minimum wage increases].” This is illustrated by meta-studies that survey the whole field of recent minimum wage research. But will the same hold true for the new $15 wages that may be higher than past increases studied? For starters, as SEIU chief economist Mark Levinson put it, “The minimum wage debate has been way too focused on underplaying the certain benefit, as opposed to the uncertain possible costs.” As David Howell at the New School persuasively argues, even if it were to slow job growth somewhat, the sweeping benefits of a $15 minimum wage for raising living standards and reversing inequality would be well worth the tradeoff. Furthermore, when you look carefully it turns out that a $15 minimum wage is not so far outside the range of past U.S. experience. A $15 wage by the early 2020s – which adjusted for inflation is just $13 today – will be a little less than 60 percent of the projected median wage in California and New York. That’s barely higher than the U.S. minimum wage was in the late 1960s, when it was 55 percent of the median wage. And 10 U.S. states, including Vermont, Maine, North Carolina and Florida, had minimums of 60 to 65 percent of median around 1980 – with no evidence that it hurt their labor markets. http://www.salon.com/2016/04/15/no_a_15_minimum_wage_wont_kill_business_the_economic_reason_why_the_fight_for_15_movement_is_so_important/ |
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| CautionaryTales | Apr 16 2016, 03:16 PM Post #15 |
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For a fella that claims to cheer on the little folk, you sure seem to have a problem with those little folk trying to make their case for higher pay. |
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Have you paid your internet taxes? | |
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| Harambe4Trump | Apr 16 2016, 03:49 PM Post #16 |
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Mah? Actually I support a raise in the minimum wage. I don't approve of conservatives (DCBL won't let me use the four-letter variant) white-knighting for democratic voters. |
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Skipping leg day is the equivalent of a woman having an abortion. You're ashamed of it, and it was probably unnecessary. #MAGA #wallsnotwars | |
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| CautionaryTales | Apr 16 2016, 04:11 PM Post #17 |
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Well strap me down and call me Hildy... Who'd a thunkit..... |
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Have you paid your internet taxes? | |
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| Opinionated | Apr 16 2016, 08:08 PM Post #18 |
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So, let me see if I follow the conservative thought here. Business should be able to pay employees starvation wages so it can afford to employ more at starvation wages? This is their great vision for a prosperous America? |
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| clone | Apr 16 2016, 08:19 PM Post #19 |
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Director @ Center for Advanced Memetic Warfare
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Um businesses should pay what your worth in the marketplace...if it's flipping burgers or running groceries over a scanner and you're not a teenager getting their first work experience (which is what the fast food business was modeled on) then you have either made some insanely moronic life decisions or you're an illegal alien which drives down wages and opportunity for our fellow citizens...these jobs were never intended to be full time wages...the fact that libs view that they are only reminds us how illiterate they are to economics....Trump is the only one looking out for these disadvantaged and disenfranchised and what other dis blah blah blah vernacular libs use... Trump 2016....libs only hope.... |
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Only liberals can choose not to go down the road to widespread, systematic violence. | |
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| Opinionated | Apr 16 2016, 08:22 PM Post #20 |
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"Paying what you're worth in the market place," when the market place has significant structural unemployment is really conservatives' way of saying, "we're going to eff you hard, because there are other people willing to take your job for starvation wages who aren't even making that." |
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8:21 PM Jul 10