Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#91
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#92
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To raise real incomes
1. Reinstate the progressive tax rates after WW2 2. Encourage unionization 3. Stop illegal immigration 4. Discourage companies going offshore to cheap foreign labor 5. Encourage one parent to be stay at home 6. Invest social security partly in stocks 7. No cost basic medical emphasizing prevention 8. Encourage learning a trade instead of gender studies in college Last edited by John41; 11-04-2020 at 10:39 PM. |
#93
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It looks to me that the biggest concern to raising the minimum wage is a resulting inflationary offset that negates the income increase and hurts those on a fixed income.
As I and others that are way smarter than I am have pointed out is that stagnant wages don't slow down inflation. When a business raises it's prices year after year but pays their employees the same minimum wage they make more money. This goes on for at least a decade between raising the minimum wage. The difference between the lowest paid worker and the highest paid employee/owner has grown substantially over the last 70 years when looking at an earlier example I gave. Capitalism is great but there may come a time when the 99% refuses to play the game anymore. I once saw a picture of a bunch of rich white guys playing a game of monopoly. The table the game was being played on was held up on the backs of black guys on their knees. The caption on the picture read "all we have to do is stand up". The rich need to remember that the money and power they have can be taken away. Play the game with some compassion for the people or the game ends. |
#94
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#95
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__________________
Birthdays Are Good For You. Statistics Show the More That You Have The Longer You Will Live.. We've Got Plenty Of Youth.. What We Need Is a Fountain Of SMART! |
#96
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He would gladly serve, but does not medically qualify.
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#97
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#98
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So raise the minimum wage to $30. an hour and we will be in economic heaven
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#99
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40 hours x $15 = $600/week before withholding So your monthly gross income would be $2400 before withholding. Think long and hard about that meagre amount. |
#100
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#101
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#102
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Only 2% of hourly workers are at minimum wage. Of that 2%, about half are between the ages of 16 and 24. Of that 2%, about 30% are working full-time (40 hours) or more. Minimum wage jobs are mostly held by younger people who are starting their careers and working part time.
Minimum wage jobs are primarily entry level jobs and, as such, represent the beginning of a career. Most people don't stay at those low pay jobs for very long; they move up quickly. A CBO study estimates that changing the Federal minimum wage to $15 per hour in 2025 would increase the wages of about 17 million people but 1.3 million would become jobless. There are consequences, perhaps many unintended consequences, when the Government decides what labor is worth as opposed to letting free market dynamics establish the worth of labor. Last edited by biker1; 11-05-2020 at 07:03 AM. |
#103
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#104
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#105
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Closed Thread |
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