The $15 Minimum Wage Moves Social Security To Solvency

If they want $10 for a coffee, they really have to give you an "artisan" feeling to your coffee. If not, you will buy a coffee for a dollar somewhere else.
Well I did say “if” I were to pay $10 for a cup of coffee. I’ll leave that to the limousine liberals. And no, I won’t wait in line half an hour to get a coffee for free when I can prepare my own in two minutes.
 
If they want $10 for a coffee, they really have to give you an "artisan" feeling to your coffee. If not, you will buy a coffee for a dollar somewhere else.

Optimal word here is "feeling". Feelings are the basis for the whole $15 minimum wage argument. Teens working part time aren't worth $15/ hour. Period
 
Hello Flash,

Did FDR think .25 cents an hour minimum wage was a living wage? That would be $4.45 today. Most of the businesses in 1938 would not be doing business according to his criteria.

A good point.

We must remember that the standard of living was lower then. Many American homes did not even have electricity or running water. Telephones and TV were not common.

The standard of living has been raised significantly, and that means the relative amount of income required to afford the current standard is also raised. Since living got more sophisticated, the living wage to maintain that standard has been pushed up accordingly.

Do we, the well off, wish to extend the advances of the last 90 years to they, the disadvantaged?

Or do we let them live in the 1930's as we all enjoy the 2020's...
 
That was nearly a hundred years ago, when people were much poorer. More than 50 years ago, it would be in current money over $11. We have gone backwards in the last 50 years, at least in this regard.


According to the inflation calculator .25 in 1938 was worth .69 in 1970 (fifty years ago).

My main point was that a business barely supporting an older husband and wife who make $25,000 a year can only afford to hire a part-time worker at today's minimum wage of $7.25. That business is supporting a couple and providing a part-time job for one worker. To say that business should not continue to exist because they can't pay a "living wage" is destroying a business and a couple's income.
 
According to the inflation calculator .25 in 1938 was worth .69 in 1970 (fifty years ago).

My main point was that a business barely supporting an older husband and wife who make $25,000 a year can only afford to hire a part-time worker at today's minimum wage of $7.25. That business is supporting a couple and providing a part-time job for one worker. To say that business should not continue to exist because they can't pay a "living wage" is destroying a business and a couple's income.

The left doesn't give a shit about the business owner or the worker they just care about power. Stop imagining the left gives a shit about anything but themselves
 
People working at or near Min wage, are taking an inflation pay cut every year. They have been for years. The least of us, suffer the most.
 
According to the inflation calculator .25 in 1938 was worth .69 in 1970 (fifty years ago).

My main point was that a business barely supporting an older husband and wife who make $25,000 a year can only afford to hire a part-time worker at today's minimum wage of $7.25. That business is supporting a couple and providing a part-time job for one worker. To say that business should not continue to exist because they can't pay a "living wage" is destroying a business and a couple's income.

Wrong. A min wage worker would take 15 K out of their 25. They cannot afford a worker at any price. FDR said it clearly when he installed the min wage. A company that will not pay a living wage does not deserve to exist in America. It was always supposed to be a living wage.
 
Wrong. A min wage worker would take 15 K out of their 25. They cannot afford a worker at any price. FDR said it clearly when he installed the min wage. A company that will not pay a living wage does not deserve to exist in America. It was always supposed to be a living wage.

FDR the knothead who extended the depression by 8 years? You're taking advice from that dunce?
 
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Wrong. A min wage worker would take 15 K out of their 25. They cannot afford a worker at any price. FDR said it clearly when he installed the min wage. A company that will not pay a living wage does not deserve to exist in America. It was always supposed to be a living wage.

Wrong. I said a part-time worker. If they came in from 8-12 to help with breakfast an lunch M-Th that would be about $6,000 giving the couple 19k plus $5k EITC. That would be a low income but above the federal $17,420 poverty level for two. For an older couple it would provide their only source of income. To say they don't deserve to exist is a terrible way to treat them and their employee. You are saying they don't deserve to earn a living.

It was never designed to be a living wage since it started at .25 ($4.73 in 2021). Political rhetoric might have claimed it was a living wage, but it obviously never provided that standard of living. It is a wage for a starting worker and not someone who is trying to earn a living.
 
Wrong. I said a part-time worker. If they came in from 8-12 to help with breakfast an lunch M-Th that would be about $6,000 giving the couple 19k plus $5k EITC. That would be a low income but above the federal $17,420 poverty level for two. For an older couple it would provide their only source of income. To say they don't deserve to exist is a terrible way to treat them and their employee. You are saying they don't deserve to earn a living.

It was never designed to be a living wage since it started at .25 ($4.73 in 2021). Political rhetoric might have claimed it was a living wage, but it obviously never provided that standard of living. It is a wage for a starting worker and not someone who is trying to earn a living.

Apparently, they don't need help. You are making up a scenario to fit your preconceptions. The 15 will be gradually installed. Working costs money. You need childcare, transportation, food, and work clothes. You seem to not give any thought to the worker.
 
Funny thing is, your barista probably couldn't make change if you handed her a twenty without the cash register telling her what it is...

I have worked on point of sale machines, and the fear is not that the barista cannot make change with the machine, it is that the barista can make change without the machine. If she does not ring it up, she will begin keeping some of the money. It is called theft. We actually go through a lot of trouble to track it down.
 
Well I did say “if” I were to pay $10 for a cup of coffee. I’ll leave that to the limousine liberals. And no, I won’t wait in line half an hour to get a coffee for free when I can prepare my own in two minutes.

I don't drink coffee, but there are plenty of times I have bought something like a $10 cup of coffee. I am sure that you have also bought comparatively overpriced goods and services also. We all do it from time to time.

We usually do it because there is a feeling that it is in some way artisan, not mass produced. It is special.

A good example would be a nice mechanical watch, something I have actually been buying. Mechanical watches are literally 100 times worse at telling time than even the cheapest quartz watch. But the feeling of a nice mechanical watch makes me feel good, and I am willing to spend more to get that feeling. I have the money, so why not?
 
Optimal word here is "feeling". Feelings are the basis for the whole $15 minimum wage argument. Teens working part time aren't worth $15/ hour. Period

I am sure you "feel" that a teens time is not worth $15/hour "period", but the market feels differently. When Justin Bieber was a teen, his time was worth thousands an hour.
 
My main point was that a business barely supporting an older husband and wife who make $25,000 a year can only afford to hire a part-time worker at today's minimum wage of $7.25. That business is supporting a couple and providing a part-time job for one worker. To say that business should not continue to exist because they can't pay a "living wage" is destroying a business and a couple's income.

Wow, that business would really be helped if we could just reintroduce slavery. We could go to high schools, and capture slaves for them. They would not have to pay anything in salaries, and only throw the newly enslaved teenagers a crust of bread every now and then...

Or we could allow the creative destruction of the market to replace terrible businesses with better ones.
 
I am sure you "feel" that a teens time is not worth $15/hour "period", but the market feels differently. When Justin Bieber was a teen, his time was worth thousands an hour.

First of all the "market" is not deciding what a teen at McDonald's earns the govt is. Not the same at all. You think the market decides what Bieber was or is worth? It only does so indirectly. The market decides how much he earns but not what he's worth. Those arent the same at all. Why do you think LeBron makes such money? You think that the market decides that? Not hardly.
 
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I have worked on point of sale machines, and the fear is not that the barista cannot make change with the machine, it is that the barista can make change without the machine. If she does not ring it up, she will begin keeping some of the money. It is called theft. We actually go through a lot of trouble to track it down.

What I'm saying is that old-fashioned cash registers rang up the sale but the person operating the register had to figure out the change themselves, the register didn't tell you the amount.
 
Wow, that business would really be helped if we could just reintroduce slavery. We could go to high schools, and capture slaves for them. They would not have to pay anything in salaries, and only throw the newly enslaved teenagers a crust of bread every now and then...

Or we could allow the creative destruction of the market to replace terrible businesses with better ones.

It's posts like this that prove you have no coherent argument which reduces you to repeating the "living wage" talking point. Walt, if you ever wonder why I don't take leftists seriously it's posts like this.
 
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