Instead Of Raising Minimum Wage . . .

T. A. Gardner said:
But look at the bright side, two people working 29 hours each rather than one working 50 hours will decrease unemployment on paper!
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How does unemployment get decreased outside of paper????

What are you talking about?

Those two people may be working only 29 hours, but they're earning more if their wage is increased from $7.50 to 15.

$7.50 x 50 hours = $375
$15/hr x 29 hours = $435

Is $375 > or < $435 in your world?
 
15 an hour needs to happen


If we had incrementally increased it like we should have we wouldn’t even be worrying about this


It should go up with cost of living from now on
 
LV426 said:
How does unemployment get decreased outside of paper????

What are you talking about?

Those two people may be working only 29 hours, but they're earning more if their wage is increased from $7.50 to 15.

$7.50 x 50 hours = $375
$15/hr x 29 hours = $435

Is $375 > or < $435 in your world?
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You have two people employed at 29 hours a week instead of one person at 40 hours + 10 hours of overtime...
 
T. A. Gardner said:
You have two people employed at 29 hours a week instead of one person at 40 hours + 10 hours of overtime...
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So...a job was created then.

You're telling us it will kill jobs, but right here you say that it won't.

In fact, right here you say that a higher MW will double the jobs.
 
Red Jenkins said:
So you would raise taxes on businesses to pay for it? Taxes are a disincentive. I agree that health insurance should not be attached to a job. We don't do car insurance that way why should health insurance be different. If you tax employees to pay for the benefit how are they saving money?
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Have you ever taken advantage of COBRA after leaving a job? They must continue to cover you for up to 18 months or till you notify them that you've gotten other insurance. Your premiums skyrocket because you pay the same premiums you were paying, plus what your employer was paying on your behalf. Generally you will pay double or even triple what you had been paying while employed. *That* is how much providing health insurance to employees costs an employer. When I retired they gave me a packet of stuff that included the COBRA benefits and costs. My $219/month premium would have been almost $600. Thankfully I was covered on my husband's plan so didn't need to sign up. This was a large health insurance company with 25,000 employees. Imagine how much providing that insurance to them was costing the company.
 
LV426 said:
So...by raising the MW, we are creating, not killing jobs.

Did you...did you just realize that? Or did you not realize what you just admitted to?
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So you created a job that paid someone $165 and week and you think that's a win? If it is then we could make MW $5 and put a lot more people to work. Just trying to prove me wrong isn't a good argument. Making snarky comments isn't a good look. There is a tipping point. Is MW meant to increase wages or create jobs?
 
ThatOwlWoman said:
Have you ever taken advantage of COBRA after leaving a job? They must continue to cover you for up to 18 months or till you notify them that you've gotten other insurance. Your premiums skyrocket because you pay the same premiums you were paying, plus what your employer was paying on your behalf. Generally you will pay double or even triple what you had been paying while employed. *That* is how much providing health insurance to employees costs an employer. When I retired they gave me a packet of stuff that included the COBRA benefits and costs. My $219/month premium would have been almost $600. Thankfully I was covered on my husband's plan so didn't need to sign up. This was a large health insurance company with 25,000 employees. Imagine how much providing that insurance to them was costing the company.
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I have dealt with COBRA so what? It's tirple because almost no one buys individual health insurance because they get it through their employer. If all workers were looking to buybtheir own insurance the insurance companies would have to compete . COBRA is a bad comparison .
 
Red Jenkins said:
I have dealt with COBRA so what? It's tirple because almost no one buys individual health insurance because they get it through their employer. If all workers were looking to buybtheir own insurance the insurance companies would have to compete . COBRA is a bad comparison .
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You asked how employers would save money. I explained it. Now you want to move change the topic to private insurance. How on Earth do you suppose the average person (average annual wage in U.S. = ~$49,000) could afford to spend $600/month for insurance for just oneself?
 
They want completely unfettered capitalism


Because they know that will kill our democracy


They hate democracy

They say it all the time
 
Red Jenkins said:
So you created a job that paid someone $165 and week and you think that's a win?
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One thing is that it isn't a job lost...and the person working 29 hours instead of 40 nets more income if the wage goes from $7.50 to $15.

Also, you're saying it's unrealistic for a business to hire someone to work just 11 hours...so if that's the case, why would they cut another worker's hours in the first place? Does that extra 11 hours of work not need to get done?


If it is then we could make MW $5 and put a lot more people to work.
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No, what would happen in that scenario is that you'd kill the jobs.


Just trying to prove me wrong isn't a good argument.
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But it's so easy.


Making snarky comments isn't a good look.
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OK Mr Sock Account.


There is a tipping point. Is MW meant to increase wages or create jobs?
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If done effectively, it can do both.
 
ThatOwlWoman said:
You asked how employers would save money. I explained it. Now you want to move change the topic to private insurance. How on Earth do you suppose the average person (average annual wage in U.S. = ~$49,000) could afford to spend $600/month for insurance for just oneself?
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I asked how they would save money when they would be charged more in taxes. I bet at best but would be an even swap. You brought up COBRA not me.

I didn't say they could afford $600 a month. I don't think people read things in their entirety. I said they would pay $600 in the current system because the vast majority of people get their health insurance so buy an individual plan is very expensive. I also said if every worker in America had to buy their own insurance it would be competitive. Why are you so quick to misrepresent what I said?
 
LV426 said:
One thing is that it isn't a job lost...and the person working 29 hours instead of 40 nets more income if the wage goes from $7.50 to $15.

Also, you're saying it's unrealistic for a business to hire someone to work just 11 hours...so if that's the case, why would they cut another worker's hours in the first place? Does that extra 11 hours of work not need to get done?




No, what would happen in that scenario is that you'd kill the jobs.




But it's so easy.




OK Mr Sock Account.




If done effectively, it can do both.
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Oh I remember you you become more unhinged as the discussion moves along. You keep claiming I have other names.bht never seem to get around to saying what those names are. You are not here for any serious discussion.
 
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