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(WCBStv.com)   Democrats enjoying ability to piss off Republicans, move to have minimum wage raised another two bucks   (wcbstv.com) divider line 931
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12088 clicks; posted to Main » on 16 Nov 2006 at 4:44 PM (8 years ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2006-11-16 03:25:01 PM  
Good, I'm sure that will stop poverty once and for all.
 
2006-11-16 03:28:36 PM  
Should lose about a hundred thousand jobs or so. Congrats!
 
2006-11-16 03:30:10 PM  
Finnley Wren: Should lose about a hundred thousand jobs or so. Congrats!


Just like the last time the minimum wage was raised, right?

Or the time before that?

Or the state-level raises?
 
2006-11-16 03:35:39 PM  
Finnley Wren: Should lose about a hundred thousand jobs or so. Congrats!

I know, I'm still recovering from the Great Depression of 1997 after they raised it last time. I had to roast my dog over the fire and dumpster-dive in order to survive...
 
2006-11-16 03:55:39 PM  
Is this really that hard?

Just index the minimum wage to inflation and move on.

Kee-rist.
 
2006-11-16 03:58:32 PM  
Ain't my fault that a 5% increase in the minimum wage typically results in the loss of 2.5% of all minimum wage jobs. It's good for the economy, as long as you're on the right side.

/don't care
//$2.35 when I started out
 
2006-11-16 04:10:17 PM  
gilgigamesh: Just index the minimum wage to inflation and move on.

The dems would never allow it, linking it to inflation would take away an issue that makes the republicans look like boobs every few years. If the republicans were smart they would have linked it to inflation when they had control and been done with it. I guess they were too busy cheating the American public...
 
2006-11-16 04:16:57 PM  
Finnley Wren: /don't care
//$2.35 when I started out


The federal minimum wage was never $2.35; however, it was $2.30 from 1976-1977.

$2.30 in 1977 is equivalent to $6.70 today.

Looking at other years...
1960: $1 minimum wage was equivalent to $5.72 today
1965: $1.25 minimum wage was equivalent to $6.73 today
1970: $1.60 minimum wage was equivalent to $7.14 today
1975: $2.10 minimum wage was equivalent to $6.88 today
1980: $3.10 minimum wage was equivalent to $7.13 today
1985: $3.35 minimum wage was equivalent to $5.94 today
1990: $3.69 minimum wage was equivalent to $5.48 today
1995: $4.25 minimum wage was equivalent to $5.54 today
1997: $5.15 minimum wage was equivalent to $6.31 today
2000: $5.15 minimum wage was equivalent to $5.98 today
2005: $5.15 minimum wage was equivalent to $5.28 today

Not only is today's minimum wage the lowest in real dollars since 1955 (when the $0.76 minimum wage was equivalent to $4.74 today), but it's tied for the longest span of time without an increase in the minimum wage.
 
2006-11-16 04:21:48 PM  
Finnley Wren: Ain't my fault that a 5% increase in the minimum wage typically results in the loss of 2.5% of all minimum wage jobs.

As elchip said, we're all still smarting from the last hike in 1997, when people were lining up for blocks around the unemployment office. Except that, oh, they weren't.

Are our lowest paid workers really worth less than they were in 1955?
 
2006-11-16 04:22:29 PM  
elchip: 1995: $4.25 minimum wage was equivalent to $5.54 today

oh man, I remember these good old days...

I was 25, using my VA benefits to go to school and working two crappy jobs that paid $4.25/hr. Beer money.
 
2006-11-16 04:23:34 PM  
elchip: Not only is today's minimum wage the lowest in real dollars since 1955 (when the $0.76 minimum wage was equivalent to $4.74 today), but it's tied for the longest span of time without an increase in the minimum wage.

Not only are teen pregnancies lower today than they have been in a long time, but it's also one of the longest spans without a rise in teen pregnancy.

/WTF?
 
2006-11-16 04:23:43 PM  
elchip: The federal minimum wage was never $2.35; however, it was $2.30 from 1976-1977.

Geez. I had a generous employer! A whole nickel more than he had to. And I'm not arguing AGAINST an increase in the minimum wage. Just don't kid yourselves that there won't be jobs lost - 2.5% for every 5% in the wage. That's all.
 
2006-11-16 04:24:20 PM  
timmy_the_tooth: I was 25, using my VA benefits to go to school and working two crappy jobs that paid $4.25/hr. Beer money.

There's no way you're a veteran. You're liberal, and the radio man tells me all veterans love Bush.
 
2006-11-16 04:25:04 PM  
Sloth_DC: Not only are teen pregnancies lower today than they have been in a long time, but it's also one of the longest spans without a rise in teen pregnancy.

Huh?
 
2006-11-16 04:25:23 PM  
Finnley Wren: Should lose about a hundred thousand jobs or so. Congrats!

Washington state's minimum is $7 something and I can attest that we have no minimum wage jobs here, none, there's no Arbys, no McDonalds, no (G)Ross, none, not a one, it's a barren wasteland up here. I keep saying we need to lower the minimum wage because the dollar burgers here are a dollar and I bet they're like sixty cents in the South. Think of how many more burgers I could get for my dollar!
 
2006-11-16 04:27:54 PM  
timmy_the_tooth: Washington state's minimum is $7 something

Article on just that here.
 
2006-11-16 04:30:34 PM  
Then tie it to a military spending bill!

BWAHAHAHAHAH!

/man that'd be evil.
 
2006-11-16 04:31:06 PM  
Mercutio879: man that'd be evil

Why... it'd almost be Republican.
 
2006-11-16 04:33:50 PM  
elchip: There's no way you're a veteran. You're liberal, and the radio man tells me all veterans love Bush.

PFC USA(R) 96R 1989-1991 medically discharged because I suffered a compression fracture of my spine while on duty, surgery, and instrumentation to stabilize the spine.

At the time I was very Republican. Now? I'm not a "liberal" because I don't even know what the hell that means anymore.

I don't like Bush; I hate labels; I consider myself Buddhist, ish; I'm a relativist and see absolutes and dualisms as more rather than less silly; I think the following things should be safe, legal, and rare: abortion, war, capital punishment; I believe in universal education; I believe in Democracy; I argue too much; I like the idea of Anarcho-syndicalism; and I despise authoritarianism in all its ugly forms.

I'll cop to that, if you need a label to make you feel comfy, go for it.
 
2006-11-16 04:35:27 PM  
timmy_the_tooth: I'll cop to that, if you need a label to make you feel comfy, go for it.

You do know I was joking, right?
 
2006-11-16 04:37:03 PM  
elchip: You do know I was joking, right?

I knew, chip. I think Timmy needed an opportunity to vent, what with all the expensive burgers!
 
2006-11-16 04:39:20 PM  
timmy doesn't like Bush

Not that there's anything wrong with that.
 
2006-11-16 04:41:48 PM  
Finnley Wren: Article on just that here.

so what?

"The main industries losing minimum-wage jobs would be agriculture, food service and bars, according to Holland, whose study was funded by the Washington Potato Commission"

I am fully cognizant that the minimum wage increase will affect 2.5% of the 85,000 Minimum Wage jobs in Washington. Notice however that article says that stabilization will occur. This means that as agriculture and food service figure out ways to earn more money, they hire people back.

2,125 jobs lost for this increase. Sorry, but that's such a minor shift and all those people will get unemployment and shift to other industries, or go back to school, or myriad other options. The economy isn't going to collapse over 2,000 jobs, dude.
 
2006-11-16 04:42:54 PM  
elchip: You do know I was joking, right?

yes I was letting the labelers know. I should have said "you all" or "people" sorry mate.
 
2006-11-16 04:44:15 PM  
timmy_the_tooth: so what?

So buttons. Dude.
 
2006-11-16 04:44:21 PM  
gilgigamesh
Is this really that hard?
Just index the minimum wage to inflation and move on.


This is a very good idea, and it has been brought up a couple of times in the Congress. But every time it is brought up it is challenged by some rather complex logistical problems.

1) Nobody can agree on which method inflation should be calculated for minimum wage. There is the standard method which measures the inflation of durable goods... but it can also be argued that the inflation of non-durable goods would be a more equitable method.

2) Having to rework the pay scale nationwide every year is an accounting and taxation nightmare, because minimum wage is used as the measure for a number of different federal and state and programs.

3) The true amount of inflation for a fiscal year is not known decisively until 6-12 months after the fiscal year has closed. This creates a potential economic pitfall because the lag time between knowing the inflation for the previous fiscal year and the application of that rate of inflation to the current fiscal year could cause the minimum wage to be increased automatically during a period of recession.
 
2006-11-16 04:45:44 PM  
elchip: Huh?

"It's been a long time since the increase in X" is not a meaningful contribution to the discussion of whether "X" is a desirable thing.
 
2006-11-16 04:46:10 PM  
Finnley Wren: So buttons. Dude.

my HS sweetheart used to say "so a parachute!"
 
2006-11-16 04:46:14 PM  
Sloth_DC: "It's been a long time since the increase in X" is not a meaningful contribution to the discussion of whether "X" is a desirable thing.

Of course not, I was just pointing out historical trends.
 
2006-11-16 04:47:33 PM  
timmy_the_tooth: my HS sweetheart used to say "so a parachute!"

I'll work it into the repertoire!
 
2006-11-16 04:48:35 PM  
Without reopening the entirety of this debate, I think indexing to inflation is a bad idea.

What do you get when you index to inflation an inflation-causing event? Infinite loop.

Mandatory indexing to inflation is bad. Now, occasionally changing it by hand (if inflation is under control) is OK, because minimum wage only a minor factor in increasing inflation.

/I'm still okay with raising the min wage to $7 or so, but if you think it will do any good you're kidding yourself.
 
2006-11-16 04:49:34 PM  
gilgigamesh: Just index the minimum wage to inflation and move on.

Better idea - tie it to the COL increases Congress gives itself. If Congress gets 3%, Joe Schmuck gets 3%.
 
2006-11-16 04:49:43 PM  
As an armchair economist who voted for three different parties in the latest elections, I can honestly say that if the Democrats raise the minimum wage one penny or raise taxes one basis point, they will kill our growth and collectively shoot themselves in the foot. With that said I'm sure they'll go ahead and do just that.

/Socially liberal - fiscally conservative - libertarian
 
2006-11-16 04:49:52 PM  
submitter: Democrats enjoying ability to piss off Republicans

If there's one thing worse than a sore loser it's a sore winner.
 
2006-11-16 04:50:11 PM  
Sloth_DC
"It's been a long time since the increase in X" is not a meaningful contribution to the discussion of whether "X" is a desirable thing.

I believe the term you are looking for is Non Sequitor... which you is correct if the context of the original post was trying to argue the benefit of a minimum wage increase. Which I am not sure that it is.
 
2006-11-16 04:50:17 PM  
Aren't the Democrats still ticked because Republicans are not upset over the election? No screaming about recounts, Diebold, stealing the election, hampering certain groups ability to vote, you know, the 2000 and 2004 Democrat stuff.

They certainly are around me.
 
2006-11-16 04:50:28 PM  
Goodbye value menu!
 
2006-11-16 04:50:49 PM  
bigwoody: /I'm still okay with raising the min wage to $7 or so, but if you think it will do any good you're kidding yourself.

You're right. How could I possibly think that 74 extra (pre-tax) dollars a week could possibly make a difference?
 
2006-11-16 04:51:07 PM  
So, is the point that the minimum wage should NEVER go up? After all, if it goes up, jobs are lost. Therefore, to not lose jobs, the minimum wage should never go up.

Is that the reasoning behind being against it? Or, is it just a partisan thing?
 
2006-11-16 04:51:07 PM  
Yea right...more like piss of everyone that sees their last year's raise vanish due to inflation. You can't legislate more value into a particular job no matter how happy your thoughts are.
 
2006-11-16 04:51:26 PM  
Don't go crying to the government because you're incapable of negotiating an acceptable wage.

A minimum wage hike is not intended to help the .7% of workers who are actually there, it is intended to artificially give some 5 million union boobs who are at a "living wage" a free raise.

/Thought about making that really big
 
2006-11-16 04:51:28 PM  
This passes on every ballot in every state every time it's included. The Dems are just looking for a quick crowd-pleaser.

Good for them.
 
2006-11-16 04:51:56 PM  
Hell, if we're being arbitrary lets raise it to $25/hr.

If you're still making min. wage after working at a job for more then a 6 months to a year, get a freaking different job. Even fast food restaurants don't pay min. wage around here.
 
2006-11-16 04:52:21 PM  
Is raising minimum wage 2 bucks going to be enough?

I think it should be raised at least $10.00, maybe $15.00

OH yeah...having children you cant afford becuase you have a crappy job is a form of child abuse!
 
2006-11-16 04:52:23 PM  
Finnley Wren You are a tool of the greedy corporate machine, Congrats!
 
2006-11-16 04:52:28 PM  
Yes! I make minimum wage + commission so this helps me.
 
2006-11-16 04:52:34 PM  
How about a MAXIMUM wage? Isn't the problem really bigwig fatcats making hundreds of millions a year?
 
2006-11-16 04:52:59 PM  
If you can't afford to pay your employees more than $5.15 in late 2006... maybe you should, umm, rethink your business strategy or consider a different career.
 
2006-11-16 04:52:59 PM  
spleef-
yeah the republicans were very kind to the dems throughout their run.

and anyone who argues against the minimum wage being raised is a farking idiot. period. sorry to be blunt but its true. try to live on that measly amount.
 
2006-11-16 04:53:07 PM  
chaddsfarkprefect

Aren't the Democrats still ticked because Republicans are not upset over the election? No screaming about recounts, Diebold, stealing the election, hampering certain groups ability to vote, you know, the 2000 and 2004 Democrat stuff.

They certainly are around me.


Yeah I am so glad Republicans have been so gracious with their defeat.

/Ignores 80% of the greenlighted political threads from the past two weeks
 
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