Help me understand the impact of a $15 minimum wage?

[Anonymous]

My dad is a wealth self- made republican who was raised in a family with one working parent who made minimum wage. It was possible to own a house and feed three kids as an unskilled worker back then. Not today.

[Anonymous]

Anonymous wrote:My dad is a wealth self- made republican who was raised in a family with one working parent who made minimum wage. It was possible to own a house and feed three kids as an unskilled worker back then. Not today.

Submitted too early. Anyway, it’s ironic that he votes for the party that would have had his family go hungry back then. I’m sure they got some assistance to make ends meet. Neither of his parents had a high school education. His father, the bread winner, couldn’t even read. But we treated poor people with more dignity back then I guess.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you can’t afford to pay your employees a living wage, your company is not profitable and your business is ALREADY a failure.

+1 million

If your business model depends on your workers living in poverty, you should fail. We need healthy businesses for our economy and our country to actually flourish.

I would also like to see legislation in the future that ties executive salaries to the wages of their lowest paid employees. The ratio was about 20:1 in the 60s. It's ballooned to about 320:1 today. The greed is out of hand.

Ok, define living wage. Does it include a car? 2 cars? Cell phones and $250 cable bill? What’s considered "living"

Being able to pay rent, utilities, food and transportation with one income. For example, my friend who makes $11 an hour at age 50, has to share a house, split the bills, and can barely afford to cover all her bills.

Having to share a house is not ideal but it is not the end of the world. Think about how most of the world lives. Americans just think they are entitled to a certain lifestyle and that goes way beyond clean water, basic housing, and decent food.

Try reading. Her friend shares a house and can STILL BARELY PAY HER BILLS. This should not be happening when someone works full time, while the executives at the company she works at take home millions that they made on the backs of people like her. It's disgusting, and you're defending it.

[Anonymous]

Try reading. Her friend shares a house and can STILL BARELY PAY HER BILLS. This should not be happening when someone works full time, while the executives at the company she works at take home millions that they made on the backs of people like her. It's disgusting, and you're defending it.

And, there are people who make good salaries and can STILL BARELY PAY THEIR BILLS. Sometimes, it is the way they spend their money. As my dady said about a cousin: "he can afford the luxuries but not the necessities."

As for minimum wage, only about 2% of workers are working for minimum wage--and half of them are teens or under 25. I'm guessing most of the others are not single households. If you raise minimum wage, teens will lose their jobs-as will others. All workers will have to have their wages raised and that will destroy many, many small businesses. Lots of owners start their businesses hardly paying themselves.

[Anonymous]

Anonymous wrote:

Try reading. Her friend shares a house and can STILL BARELY PAY HER BILLS. This should not be happening when someone works full time, while the executives at the company she works at take home millions that they made on the backs of people like her. It's disgusting, and you're defending it.

And, there are people who make good salaries and can STILL BARELY PAY THEIR BILLS. Sometimes, it is the way they spend their money. As my dady said about a cousin: "he can afford the luxuries but not the necessities."

As for minimum wage, only about 2% of workers are working for minimum wage--and half of them are teens or under 25. I'm guessing most of the others are not single households. If you raise minimum wage, teens will lose their jobs-as will others. All workers will have to have their wages raised and that will destroy many, many small businesses. Lots of owners start their businesses hardly paying themselves.

No 2/5 are under 25. That’s not half. And 20-25 year olds aren’t kids.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Try reading. Her friend shares a house and can STILL BARELY PAY HER BILLS. This should not be happening when someone works full time, while the executives at the company she works at take home millions that they made on the backs of people like her. It's disgusting, and you're defending it.

And, there are people who make good salaries and can STILL BARELY PAY THEIR BILLS. Sometimes, it is the way they spend their money. As my dady said about a cousin: "he can afford the luxuries but not the necessities."

As for minimum wage, only about 2% of workers are working for minimum wage--and half of them are teens or under 25. I'm guessing most of the others are not single households. If you raise minimum wage, teens will lose their jobs-as will others. All workers will have to have their wages raised and that will destroy many, many small businesses. Lots of owners start their businesses hardly paying themselves.

No 2/5 are under 25. That’s not half. And 20-25 year olds aren’t kids.

Actually no. Most people working minimum wage are not doing it as their first job. They’re trying to live.


Not according to these statistics from 2019.
https://www.bls.gov/opub/reports/minimum-wage/2019/home.htm


Did you actually read that?

“workers under age 25 represented only about one-fifth of hourly paid workers, they made up about two-fifths of those paid the federal minimum wage or less.”

That means 3/5 are over age 25. So “mos

And, did you read how many are making minimum wage out of hourly workers? Go back and read that part. Not that many workers are relying on minimum wage.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Try reading. Her friend shares a house and can STILL BARELY PAY HER BILLS. This should not be happening when someone works full time, while the executives at the company she works at take home millions that they made on the backs of people like her. It's disgusting, and you're defending it.

And, there are people who make good salaries and can STILL BARELY PAY THEIR BILLS. Sometimes, it is the way they spend their money. As my dady said about a cousin: "he can afford the luxuries but not the necessities."

As for minimum wage, only about 2% of workers are working for minimum wage--and half of them are teens or under 25. I'm guessing most of the others are not single households. If you raise minimum wage, teens will lose their jobs-as will others. All workers will have to have their wages raised and that will destroy many, many small businesses. Lots of owners start their businesses hardly paying themselves.

No 2/5 are under 25. That’s not half. And 20-25 year olds aren’t kids.

Actually no. Most people working minimum wage are not doing it as their first job. They’re trying to live.


Not according to these statistics from 2019.
https://www.bls.gov/opub/reports/minimum-wage/2019/home.htm


Did you actually read that?

“workers under age 25 represented only about one-fifth of hourly paid workers, they made up about two-fifths of those paid the federal minimum wage or less.”

That means 3/5 are over age 25. So “mos

And, did you read how many are making minimum wage out of hourly workers? Go back and read that part. Not that many workers are relying on minimum wage.

Great, but as I said, most of them who ARE are not teenagers looking for experience. Read more talk less.

[Anonymous]

Anyway the relevant question is how many workers in the US currently earn less than 15 an hour.

[Anonymous]

Anonymous wrote:$15 minimum wage will not affect you at all, unless you are a small businessperson.

The .01 cent increase in the size of Big Macs is non-relevant, and you should probably stop eating all those Big Macs anyways.

It won’t effect you. It WILL effect the minimum wage workers at the counter, because their jobs will simply be eliminated, and they will be replaced by automated ordering kiosks.

I guess libs will then tell them “they should learn to code” or “start building solar panels”.

[Anonymous]

Anonymous wrote:

Anonymous wrote:$15 minimum wage will not affect you at all, unless you are a small businessperson.

The .01 cent increase in the size of Big Macs is non-relevant, and you should probably stop eating all those Big Macs anyways.

It won’t effect you. It WILL effect the minimum wage workers at the counter, because their jobs will simply be eliminated, and they will be replaced by automated ordering kiosks.

I guess libs will then tell them “they should learn to code” or “start building solar panels”.

If corporate America would rather pay people not to work, than can be arranged.

[Anonymous]

Here is one interesting plot on the age distribution



Here is the US income distribution



Minimum wage at 40 hours per week is $15k/year, so the first 3 bins or about 15% of the US population

[Anonymous]

maybe this one will work

[Anonymous]

15$/hr is $30 k,which is the first 6 bins above, or about 27% of the families

[Anonymous]

here's 2015, which also shows about 25% of families making less than $15

[Anonymous]

Anonymous wrote:

Anonymous wrote:$15 minimum wage will not affect you at all, unless you are a small businessperson.

The .01 cent increase in the size of Big Macs is non-relevant, and you should probably stop eating all those Big Macs anyways.

It won’t effect you. It WILL effect the minimum wage workers at the counter, because their jobs will simply be eliminated, and they will be replaced by automated ordering kiosks.

I guess libs will then tell them “they should learn to code” or “start building solar panels”.

no, that is Ivanka's line.