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So much for "fight for $15!". Apparently 'liveable wage' is now defined as $26/h according to a local candidate running for Congress:
https://www.reddit.com/r/MontgomeryCountyMD/comments/1ao8s15/my_name_is_ashwani_jain_and_i_am_a_montgomery/ How much more evidence do we need MoCo has been completely overtaken by radicals and is beyond the point of no return. A $26/h min wage would obliterate businesses. Soon the burger flipping teenage earns wages equivalent to $55k/year. Why wouldn't all of the working professionals who now make $55k demand much more compensation to maintain their gap over an unskilled teenager? Now all you've done is set off a wage price spiral and cause tons of inflation. In the end the burger flippers still do not achieve more purchasing power because the price went up everywhere else accommodate higher wages and costs for labor. All you've done the entire time is ruin everyone's life savings with uncontrollable wage price spiral inflation. Does MoCo produce pols worth a lick of salt and anymore? No wonder there is so much uncontrollable crime in MoCo when they produce pols like Jain who have zero clue of economics. This is the problem with crying for 'livable' wages. No one can even define it, and before you know it, the burger flippers think they deserve $100k per year salaries. |
| Based. |
| He won't win. I think he ran for something else before. |
| The big problem is that it makes goods and things unaffordable to may so people are going to struggle more, not less. They will also lose out on child care subsidies, food stamps, and other benefit programs so in the end they may end up worse rather than better. |
| Wow my poor graduate-degreed but non-profit ass will see my relative earnings dwindle pretty quickly if this comes to pass! |
| You cannot afford a SFH on $55k. The minimum wage needs to be higher. |
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Robots will be flipping burgers soon. It's ok for restaurant to go under. Too many crappy ones that reuse bread/chips, give no breaks mandated by law, don't pay for training, don't pay overtime, or don't even pay the minimum required. The burger flipper would do well if the the above was ended first.
Since it won't happen, I'm all for restaurants closing. |
Low-paid professionals won't be getting any more money, though. But we would see our purchasing power eroded by rising prices. |
| Teens are exempt from minimum wage laws. |
| This is a proposal for $26 to become the minimum wage by 2030, and not just for “MoCo.” This isn’t one of the thirty or so candidates running for this seat who I would vote for but stop exaggerating and lying about proposals. |
Agree 100%. $38-$42 /hr is more realistic, and even then it will take a couple both working. But that’s at least feasible. $26/hr is definitely not enough for a minimum wage. It’s laughable. |
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OP, how much do you make an hour? This makes sense for this metropolitan area.
I am not sure why people are okay with wage slavery. Adult men and women should not make $14/hour, it's unethical. It's also why we have the current migrant crisis. Americans themselves are unable to raise a proper family on poverty slave wages, thus the current political system is allowing others to come here because they believe some wages is better than none at all. Quite frankly it's sickening how much American corporations are greedy and the politicians allow them to enslave people from third world countries for a chance to make a few dollars here. Those same economic migrants send money back home to their families because they cannot afford to live on their land (due to govt corruptions, gangs and everything in between). Educate yourself OP, this is an entire matrix. |
+100 |
It's a burger flipper! No burger flipper is worth $55k per year. Period. That's more than teachers make. That's more than skilled professionals like mechanics often make. What's sickening is the expectations for more and more compensation despite having no skills worth any value. Next stop it's $55k for unskilled, uneducated employed. Next they'll demand $100k. So where does everyone else's salary go? $1M per year and burgers now cost $100 each? Ha! That'll do wonders for everyone's entire life's savings. You people are nuts. |
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Problem with the logic is this:
Not all jobs are meant to be worked by older adults. |