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Topic: Seattle minimum wage, $15 an hour?< Next Oldest | Next Newest >
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PostIcon Posted on: Jun. 06 2014,11:07 am  Skip to the next post in this topic. Ignore posts   QUOTE

So we should have a big pile of gold, silver or currency in our homes for retirement?

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PostIcon Posted on: Jun. 06 2014,11:35 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

As I recall this was a few years ago during his 'war on gas prices' phase.  He wanted oil speculator to take ownership of 30% (or something like that).  He had some big long winded reason for it too.

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After we screw up health care reform, let's take on the initiative of unscrewing the education system (gov't education)
Tacitus: (c. 56 AD-c. 117) "The more corrupt the state, the more it legislates."
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PostIcon Posted on: Jun. 06 2014,6:14 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE


(Self-Banished @ Jun. 06 2014,11:07 am)
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So we should have a big pile of gold, silver or currency in our homes for retirement?

Sure, I have a nice long needlenose pliers, got any caps? Come on over and have a home brew,(or two). :D
You will have to excuse my boldness, I don't have the same cover as the banking and wallstreet system does.


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git er done!
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PostIcon Posted on: Jun. 07 2014,5:25 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

^^^ While I appreciate the offer, I don't drink. You will clean the needle nose with gas and a wire brush first, right?

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:D Remember boys and girls,

Don’t be a Dick :D

Or a “Wayne” :oops:
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PostIcon Posted on: Jun. 07 2014,8:35 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Debt is the new money, now.

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Dear future generations: Please accept our apologies. We were rolling drunk on petroleum.

- Kurt Vonnegut
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PostIcon Posted on: Jun. 07 2014,10:35 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

http://www.politicususa.com/2013...nt.html

They were running a surplus at the time only because they had just gotten into office and hadn't had a chance to start any wars yet.


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The people are masters of both Congress and courts, not to overthrow the Constitution, but to overthrow the men who pervert it!
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PostIcon Posted on: Jun. 07 2014,10:57 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

No matter the party of the Crook in Chief, this is how we do business now:

QUOTE
John Perkins describes himself as a former economic hit man–a highly paid professional who cheated countries around the globe out of trillions of dollars.

20 years ago Perkins began writing a book with the working title, "Conscience of an Economic Hit Men."

Perkins writes, "The book was to be dedicated to the presidents of two countries, men who had been his clients whom I respected and thought of as kindred spirits–Jaime Roldós, president of Ecuador, and Omar Torrijos, president of Panama. Both had just died in fiery crashes. Their deaths were not accidental. They were assassinated because they opposed that fraternity of corporate, government, and banking heads whose goal is global empire. We Economic Hit Men failed to bring Roldós and Torrijos around, and the other type of hit men, the CIA-sanctioned jackals who were always right behind us, stepped in.


Makes you wonder who the real terrorists are, doesn't it?


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Dear future generations: Please accept our apologies. We were rolling drunk on petroleum.

- Kurt Vonnegut
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PostIcon Posted on: Jun. 08 2014,10:51 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

The more money people make, the richer and safer the community they live in.. Example: Detroit
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PostIcon Posted on: Jun. 10 2014,1:23 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

Seattle is Right

Thursday, June 5, 2014
By raising its minimum wage to $15, Seattle is leading a long-overdue movement toward a living wage. Most minimum wage workers aren’t teenagers these days. They’re major breadwinners who need a higher minimum wage in order to keep their families out of poverty.

Across America, the ranks of the working poor are growing. While low-paying industries such as retail and food preparation accounted for 22 percent of the jobs lost in the Great Recession, they’ve generated 44 percent of the jobs added since then, according to a recent report from the National Employment Law Project. Last February, the Congressional Budget Office estimated that raising the national minimum wage from $7.25 to $10.10 would lift 900,000 people out of poverty.

Seattle estimates almost a fourth of its workers now earn below $15 an hour. That translates into about $31,000 a year for a full-time worker. In a high-cost city like Seattle, that’s barely enough to support a family.

The gains from a higher minimum wage extend beyond those who receive it. More money in the pockets of low-wage workers means more sales, especially in the locales they live in – which in turn creates faster growth and more jobs. A major reason the current economic recovery is anemic is that so many Americans lack the purchasing power to get the economy moving again.

With a higher minimum wage, moreover, we’d all end up paying less for Medicaid, food stamps and other assistance the working poor now need in order to have a minimally decent standard of living.

Some worry about job losses accompanying a higher minimum wage. I wouldn’t advise any place to raise its minimum wage immediately from the current federal minimum of $7.25 an hour to $15. That would be too big a leap all at once. Employers – especially small ones – need time to adapt.

But this isn’t what Seattle is doing. It’s raising its minimum from $9.32 (Washington State’s current statewide minimum) to $15 incrementally over several years. Large employers (with over 500 workers) that don’t offer employer-sponsored health insurance have three years to comply; those that offer health insurance have four; smaller employers, up to seven. (That may be too long a phase-in.)

My guess is Seattle’s businesses will adapt without any net loss of employment. Seattle’s employers will also have more employees to choose from – as the $15 minimum attracts into the labor force some people who otherwise haven’t been interested. That means they’ll end up with workers who are highly reliable and likely to stay longer, resulting in real savings.

Research by Michael Reich (no relation) and Arindrajit Dube confirms these results. They examined employment in several hundred pairs of adjacent counties lying on opposite sides of state borders, each with different minimum wages, and found no statistically significant increase in unemployment in the higher-minimum counties, even after four years. (Other researchers who found contrary results failed to control for counties where unemployment was already growing before the minimum wage was increased.) They also found that employee turnover was lower where the minimum was higher.

Not every city or state can meet the bar Seattle has just set. But many can – and should.

~Robert Reich


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History is no more than the lies agreed upon by the victors.
             
                                                   ~NAPOLEON BONAPARTE
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PostIcon Posted on: Jun. 10 2014,5:05 pm Skip to the previous post in this topic.  Ignore posts   QUOTE

^^*oh hell! why not? :sarcasm:
I could use a 100% raise, so could my wife! for that matter my son and daughter too. Let's give everybody a raise.

And maybe if we're lucky, everything will cost the same :dunce:


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:D Remember boys and girls,

Don’t be a Dick :D

Or a “Wayne” :oops:
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