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Biden's 1.9 Trillion Dollar Plan
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
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Posted 1/14/21 10:34 PM  |
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BFNY516
LIF Adult
Member since 7/20 1189 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Why will McConnell approve the extra money now?
I think they only need 10 R’s to pass it. But I think they could resort to using a procedure where you only need a majority vote.
Someone feel free to correct me if I’m wrong.
So why not use that weeks ago?
I think it had to do with the Georgia run offs. Things had gotten messy. R’s wanted $600. Trump switched positions and wanted more. Dems agreed with Trump.
Mitch was shocked and now in a bad position. This then also put the two candidates in Georgia in a bad spot - they were advocates of $600 and not more. Now Trump wasn’t on the same page as them.
Mitch needed those two in GA to win to keep him as majority leader. So he sort of stuck by them and not Trump. Mostly just for himself.
Well if does agree this time, it sounds kind of fishy. Kind of like of wow look Biden got us more money 
I would agree. I think a lot has changed. I think Mitch wants to distance his party from Trump. Others on his side want to embrace Trumpism.
On the left, you have some more progressive people mad at Biden for only serving up $1400. They wanted $2000 and didn’t realize that the $1400 was because people just got $600.
So it’s sort of like these more extreme factions in each party dividing a bit on things. It’s a messed up tug of war.
It is and one our kids and grandkids will have to pay back :(
I don’t think it works that way in the sense of a credit card bill. Someone else here can probably explain it better, but it’s nothing to lose sleep over, let’s put it that way.
The most pressing issue for future generations is environmental concerns. Mico plastics in the ocean, etc.
Where is all this money coming from though as we are in so much debt already? That’s the question.
Come on, you know what my answer will be. 
Tax the super mega wealthy.
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| Posted 1/14/21 10:36 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Yes, I’m serious. There are countless people who do have minimum wage jobs as careers. People with various disabilities, special needs, or just regular folk.
I believe in a living wage for my fellow citizens, one that affords them a decent life and self-respect.
It is sad to me that people find $20 an hour as ridiculous but don’t bay an eye at a single male CEO making 80 million a year when his employees are on food stamps.
You do realize that many people with college degrees don’t even make that much or ones with 20 years of experience in a job. Why should my teenager make the same as someone who has been in the workforce their entire adult life or spent years in school getting degrees?
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| Posted 1/14/21 10:36 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Why will McConnell approve the extra money now?
I think they only need 10 R’s to pass it. But I think they could resort to using a procedure where you only need a majority vote.
Someone feel free to correct me if I’m wrong.
So why not use that weeks ago?
I think it had to do with the Georgia run offs. Things had gotten messy. R’s wanted $600. Trump switched positions and wanted more. Dems agreed with Trump.
Mitch was shocked and now in a bad position. This then also put the two candidates in Georgia in a bad spot - they were advocates of $600 and not more. Now Trump wasn’t on the same page as them.
Mitch needed those two in GA to win to keep him as majority leader. So he sort of stuck by them and not Trump. Mostly just for himself.
Well if does agree this time, it sounds kind of fishy. Kind of like of wow look Biden got us more money
I would agree. I think a lot has changed. I think Mitch wants to distance his party from Trump. Others on his side want to embrace Trumpism.
On the left, you have some more progressive people mad at Biden for only serving up $1400. They wanted $2000 and didn’t realize that the $1400 was because people just got $600.
So it’s sort of like these more extreme factions in each party dividing a bit on things. It’s a messed up tug of war.
It is and one our kids and grandkids will have to pay back :(
I don’t think it works that way in the sense of a credit card bill. Someone else here can probably explain it better, but it’s nothing to lose sleep over, let’s put it that way.
The most pressing issue for future generations is environmental concerns. Mico plastics in the ocean, etc.
Where is all this money coming from though as we are in so much debt already? That’s the question.
Come on, you know what my answer will be.
Tax the super mega wealthy.
Good luck
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| Posted 1/14/21 10:36 PM |
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LittleDiva
LIF Adult
Member since 9/11 1284 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Yes, I’m serious. There are countless people who do have minimum wage jobs as careers. People with various disabilities, special needs, or just regular folk.
I believe in a living wage for my fellow citizens, one that affords them a decent life and self-respect.
It is sad to me that people find $20 an hour as ridiculous but don’t bay an eye at a single male CEO making 80 million a year when his employees are on food stamps.
People with disabilities and special needs usually receive financial help.
I still think they would better off with an education and skills.
Our children are never going to be able to get jobs when they are older. They are going to be replaced by computers and automated services.
Isn’t that a concern for you? Looking ahead? It’s going to lead to more layoffs. Less job opportunities for those who lack the skills or education.
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| Posted 1/14/21 10:42 PM |
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BFNY516
LIF Adult
Member since 7/20 1189 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
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| Posted 1/14/21 10:46 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Why will McConnell approve the extra money now?
I think they only need 10 R’s to pass it. But I think they could resort to using a procedure where you only need a majority vote.
Someone feel free to correct me if I’m wrong.
So why not use that weeks ago?
I think it had to do with the Georgia run offs. Things had gotten messy. R’s wanted $600. Trump switched positions and wanted more. Dems agreed with Trump.
Mitch was shocked and now in a bad position. This then also put the two candidates in Georgia in a bad spot - they were advocates of $600 and not more. Now Trump wasn’t on the same page as them.
Mitch needed those two in GA to win to keep him as majority leader. So he sort of stuck by them and not Trump. Mostly just for himself.
Well if does agree this time, it sounds kind of fishy. Kind of like of wow look Biden got us more money
I would agree. I think a lot has changed. I think Mitch wants to distance his party from Trump. Others on his side want to embrace Trumpism.
On the left, you have some more progressive people mad at Biden for only serving up $1400. They wanted $2000 and didn’t realize that the $1400 was because people just got $600.
So it’s sort of like these more extreme factions in each party dividing a bit on things. It’s a messed up tug of war.
It is and one our kids and grandkids will have to pay back :(
In case you are interested, this is a good resource to understand how the government is funding these relief packages. 
Federal Response to COVID
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| Posted 1/14/21 10:49 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I actually do and want them to do the best they can but not work as a cashier to make the same amount of money that I do after 30 plus years of working. Mine won’t be with me until 30. They left for college and back and basically comes and goes as if they live on their own .
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| Posted 1/14/21 10:50 PM |
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LittleDiva
LIF Adult
Member since 9/11 1284 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I think the cycle of expensive college degrees that lead to minimum wage jobs needs to end.
There needs to be more affordable education and access for all. Minimum wage JOBS need to be just that, a job. Not a career.
By 30 you shouldn’t be living at home paying off college loans making minimum wage. That needs to change.
I’ve said I’m other threads....this needs to start as early as high school. The whole system needs to be revamped.
And the mindset of people needs to change. We don’t need brand new cars, big new houses, new cell phones, etc...
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| Posted 1/14/21 10:52 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by LittleDiva
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I think the cycle of expensive college degrees that lead to minimum wage jobs needs to end.
There needs to be more affordable education and access for all. Minimum wage JOBS need to be just that, a job. Not a career.
By 30 you shouldn’t be living at home paying off college loans making minimum wage. That needs to change.
I’ve said I’m other threads....this needs to start as early as high school. The whole system needs to be revamped.
And the mindset of people needs to change. We don’t need brand new cars, big new houses, new cell phones, etc...
Education absolutely needs to be more affordable as does healthcare. There are so many other countries that are doing better at both than us, we should follow their lead.
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| Posted 1/14/21 10:56 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by LittleDiva
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I think the cycle of expensive college degrees that lead to minimum wage jobs needs to end.
There needs to be more affordable education and access for all. Minimum wage JOBS need to be just that, a job. Not a career.
By 30 you shouldn’t be living at home paying off college loans making minimum wage. That needs to change.
I’ve said I’m other threads....this needs to start as early as high school. The whole system needs to be revamped.
And the mindset of people needs to change. We don’t need brand new cars, big new houses, new cell phones, etc...
Absolutely as my 1st owes a ton of money and still going to school while the 2nd sees this and wants to start off with less debt. It is horrible for these kids to owe so much.
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| Posted 1/14/21 11:00 PM |
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JennP
LIF Adult
Member since 10/06 3986 total posts
Name:
Jenn
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Why will McConnell approve the extra money now?
I think they only need 10 R’s to pass it. But I think they could resort to using a procedure where you only need a majority vote.
Someone feel free to correct me if I’m wrong.
So why not use that weeks ago?
I think it had to do with the Georgia run offs. Things had gotten messy. R’s wanted $600. Trump switched positions and wanted more. Dems agreed with Trump.
Mitch was shocked and now in a bad position. This then also put the two candidates in Georgia in a bad spot - they were advocates of $600 and not more. Now Trump wasn’t on the same page as them.
Mitch needed those two in GA to win to keep him as majority leader. So he sort of stuck by them and not Trump. Mostly just for himself.
Well if does agree this time, it sounds kind of fishy. Kind of like of wow look Biden got us more money
I don't know what you think is fishy but this is how it works:
Once the two Georgia winners plus Biden are sworn in, Mitch is out of power. He is Senate Minority Leader (thankfully) and no longer has the ability to let bills pile up on his desk and block legislation.
With that said, we can start to get things done. Most items are subject to the filibuster (majority of 60) which is why Biden and Schumer will need 10 Republicans. Republican policy is to funnel wealth upwards so they generally will not be for this policy. However, $15 mw is very popular and they know they will have to answer to their constituents if they refuse to deliver.
McConnell's speech of last week notwithstanding, he has proven himself to be a slimeball. He cares only about taking power back in 2022 - not whether or not Americans get their problems addressed - so he will rally his caucus in whatever way he sees fit to make that happen.
If he senses the winds are blowing in ways that make this very popular, my guess would be that he will straddle the fence and not push the point either way and see if ten go for it. He has to defend every seat and flip one so it may come down to which Repubs go for it and which don't.
Overall, I don't have high hopes but fortunately several other financial measures are not subject to the filibuster, including mandating that contractors with the federal government are paid $15 an hour.
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| Posted 1/14/21 11:06 PM |
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BFNY516
LIF Adult
Member since 7/20 1189 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I actually do and want them to do the best they can but not work as a cashier to make the same amount of money that I do after 30 plus years of working. Mine won’t be with me until 30. They left for college and back and basically comes and goes as if they live on their own .
Right but that’s part of my point. In your case, you deserve I’m sure to be making more. The same can be said for most here, I’m sure. Especially when you factor in that wages haven’t gone up since the 70s. Wage growth has been stagnant.
While I advocate for more in minimum wage, I also would advocate for you to get an increase to close the gap, too.
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| Posted 1/14/21 11:10 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by LittleDiva
Posted by BFNY516
My only concern at this juncture is the min wage should be $20 an hour.
Are you serious?
Minimum wage jobs were not meant to be “careers”. We need to focus on how to get employees in minimum wage jobs the education or skills they need to get a career. Not a “job”
Sorry, but the kid bagging my groceries doesn’t deserve $20 an hour. The adult bagging my groceries deserves access to skills and knowledge to get them moved up to either a management position in their minimum wage JOB or another field.
Exactly. That only will have people try to do the minimum in life and no competition for jobs. Why should someone bagging groceries made a few dollars less than myself for the amount of work and years of experience I have? Why would I bother working my butt off, going over and beyond working more hours than needed, if I could work at an entry level job and make the same?
My question back would be don’t you have older children who live at home? You don’t have to address that specifically, but wouldn’t it be good if they could be set up nicely with a living wage to start out? Kids are living at home at almost 30 these days and can’t even buy a home.
And my example in my post before is with the notion that you’d get a boost in pay, as well. But at minimum, I believe in $20 an hour if not $25.
I want people to be able to not worry about putting food on the table or putting heat on. I don’t think adults should be living at home at 30 because their job out of college is paying them $30k to start.
If that makes me a crazy socialist, then I own it.
I actually do and want them to do the best they can but not work as a cashier to make the same amount of money that I do after 30 plus years of working. Mine won’t be with me until 30. They left for college and back and basically comes and goes as if they live on their own .
Right but that’s part of my point. In your case, you deserve I’m sure to be making more. The same can be said for most here, I’m sure. Especially when you factor in that wages haven’t gone up since the 70s. Wage growth has been stagnant.
While I advocate for more in minimum wage, I also would advocate for you to get an increase to close the gap, too.
Yep and I actually took a pay cut many many years ago but honestly while the pay is missed, I am so much less stressed so sometimes money is not the end all be all.
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| Posted 1/14/21 11:13 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Biden's 1.9 Trillion Dollar Plan
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
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| Posted 1/14/21 11:14 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by JennP
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Posted by BFNY516
Posted by valentinesbaby48
Why will McConnell approve the extra money now?
I think they only need 10 R’s to pass it. But I think they could resort to using a procedure where you only need a majority vote.
Someone feel free to correct me if I’m wrong.
So why not use that weeks ago?
I think it had to do with the Georgia run offs. Things had gotten messy. R’s wanted $600. Trump switched positions and wanted more. Dems agreed with Trump.
Mitch was shocked and now in a bad position. This then also put the two candidates in Georgia in a bad spot - they were advocates of $600 and not more. Now Trump wasn’t on the same page as them.
Mitch needed those two in GA to win to keep him as majority leader. So he sort of stuck by them and not Trump. Mostly just for himself.
Well if does agree this time, it sounds kind of fishy. Kind of like of wow look Biden got us more money
I don't know what you think is fishy but this is how it works:
Once the two Georgia winners plus Biden are sworn in, Mitch is out of power. He is Senate Minority Leader (thankfully) and no longer has the ability to let bills pile up on his desk and block legislation.
With that said, we can start to get things done. Most items are subject to the filibuster (majority of 60) which is why Biden and Schumer will need 10 Republicans. Republican policy is to funnel wealth upwards so they generally will not be for this policy. However, $15 mw is very popular and they know they will have to answer to their constituents if they refuse to deliver.
McConnell's speech of last week notwithstanding, he has proven himself to be a slimeball. He cares only about taking power back in 2022 - not whether or not Americans get their problems addressed - so he will rally his caucus in whatever way he sees fit to make that happen.
If he senses the winds are blowing in ways that make this very popular, my guess would be that he will straddle the fence and not push the point either way and see if ten go for it. He has to defend every seat and flip one so it may come down to which Repubs go for it and which don't.
Overall, I don't have high hopes but fortunately several other financial measures are not subject to the filibuster, including mandating that contractors with the federal government are paid $15 an hour.
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| Posted 1/14/21 11:21 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
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| Posted 1/14/21 11:21 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
Minimum wage isn't suppose to be "career wage" but $7 (in some places) is OBSCENE in 2021. I was making $6.50/hr as a cashier at Harrow's 26 years ago!! Minimum wage absolutely needs a bump, people should at least be able to put some food on the table after a 40 hr work week.
Teens are not the only ones working min wage jobs, many adults only have minimum wage jobs to get by. Some work 2-3 of them and still cannot make ends meet.
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| Posted 1/14/21 11:26 PM |
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GoldenRod
10 years on LIF!
Member since 11/06 26792 total posts
Name:
Shawn
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Re: Biden's 1.9 Trillion Dollar Plan
https://www.epi.org/publication/ceo-compensation-2018/
CEO compensation has grown 940% since 1978
Typical worker compensation has risen only 12% during that time
...
I think we should be focusing on the top tier salaries, not the bottom tier salaries....
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| Posted 1/14/21 11:29 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by GoldenRod
https://www.epi.org/publication/ceo-compensation-2018/
CEO compensation has grown 940% since 1978
Typical worker compensation has risen only 12% during that time
...
I think we should be focusing on the top tier salaries, not the bottom tier salaries....
Absolutely.
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| Posted 1/14/21 11:30 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by Hofstra26
Posted by valentinesbaby48
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
Minimum wage isn't suppose to be "career wage" but $7 (in some places) is OBSCENE in 2021. I was making $6.50/hr as a cashier at Harrow's 26 years ago!! Minimum wage absolutely needs a bump, people should at least be able to put some food on the table after a 40 hr work week.
Teens are not the only ones working min wage jobs, many adults only have minimum wage jobs to get by. Some work 2-3 of them and still cannot make ends meet.
The places that are at $7 have very low rents, mortgages and taxes. That is why it equals out. I am all for higher minimum wages but I also can’t afford to pay more for things and want more people to be able to work. Layoffs will happen as they will not be able to afford to pay everyone $15/hour.
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| Posted 1/14/21 11:35 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by GoldenRod
https://www.epi.org/publication/ceo-compensation-2018/
CEO compensation has grown 940% since 1978
Typical worker compensation has risen only 12% during that time
...
I think we should be focusing on the top tier salaries, not the bottom tier salaries....
Very true but many deserve what they make.
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| Posted 1/14/21 11:35 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by Hofstra26
Posted by valentinesbaby48
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
Minimum wage isn't suppose to be "career wage" but $7 (in some places) is OBSCENE in 2021. I was making $6.50/hr as a cashier at Harrow's 26 years ago!! Minimum wage absolutely needs a bump, people should at least be able to put some food on the table after a 40 hr work week.
Teens are not the only ones working min wage jobs, many adults only have minimum wage jobs to get by. Some work 2-3 of them and still cannot make ends meet.
The places that are at $7 have very low rents, mortgages and taxes. That is why it equals out. I am all for higher minimum wages but I also can’t afford to pay more for things and want more people to be able to work. Layoffs will happen as they will not be able to afford to pay everyone $15/hour.
I lived in FL from 97-01, it was DIRT CHEAP to live there, minimum wage at the time was around $4.40/hr and I can assure, that was garbage money even in a place with a very low cost of living.
Realistically, minimum wage is off base from cost of living and inflation.
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| Posted 1/14/21 11:41 PM |
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by Hofstra26
Posted by valentinesbaby48
Posted by Hofstra26
Posted by valentinesbaby48
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
Minimum wage isn't suppose to be "career wage" but $7 (in some places) is OBSCENE in 2021. I was making $6.50/hr as a cashier at Harrow's 26 years ago!! Minimum wage absolutely needs a bump, people should at least be able to put some food on the table after a 40 hr work week.
Teens are not the only ones working min wage jobs, many adults only have minimum wage jobs to get by. Some work 2-3 of them and still cannot make ends meet.
The places that are at $7 have very low rents, mortgages and taxes. That is why it equals out. I am all for higher minimum wages but I also can’t afford to pay more for things and want more people to be able to work. Layoffs will happen as they will not be able to afford to pay everyone $15/hour.
I lived in FL from 97-01, it was DIRT CHEAP to live there, minimum wage at the time was around $4.40/hr and I can assure, that was garbage money even in a place with a very low cost of living.
Realistically, minimum wage is off base from cost of living and inflation.
Many states have less COL, taxes at 1,000 year, houses for under $200,000. The only thing I have seen with these places is that food is about the same price (food stores). FL is not cheap anymore like it used to be.
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| Posted 1/14/21 11:44 PM |
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Hofstra26
Love to Bake!
Member since 7/06 27915 total posts
Name:
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Re: Biden's 1.9 Trillion Dollar Plan
Posted by valentinesbaby48
Posted by Hofstra26
Posted by valentinesbaby48
Posted by Hofstra26
Posted by valentinesbaby48
Posted by GoldenRod
Inflation means everything increases. Minimum wage increases (or it should). Just above minimum increases, and each notch bumps up to the next notch.
It's been doing that since the 1940's.
https://www.dol.gov/agencies/whd/minimum-wage/history/chart
Unless people think Minimum Wage should never increase, and should have stayed at 25 cents like when it was first enacted?
(Just random snippets from the chart linked above)
Oct 24, 1938 $0.25
Mar 1, 1956 $1.00
May 1, 1974 $2.00
Apr 1, 1991 $4.25
Jul 24, 2009 $7.25
Minimum wage hasn't increased in almost 12 years. Do you think Cost of Living hasn't increased during those 11 years? People making minimum wage are earning LESS each year because it's less buying power.
https://www.epi.org/publication/labor-day-2019-minimum-wage/#:~:text=The%20federal%20minimum%20wage%20is,hour%20in%20this%20year's%20dollars.
From 2019:
Summary: The real value of the federal minimum wage has dropped 17% since 2009 and 31% since 1968. Workers earning the federal minimum wage today have $6,800 less per year to spend on food, rent, and other essentials than did their counterparts 50 years ago.
https://edlabor.house.gov/imo/media/doc/FactSheet-RaisingTheMinimumWageIsGoodForWorkers,Businesses,andTheEconomy-FINAL.pdf
Raising the federal minimum wage will also stimulate consumer spending, help businesses’ bottom lines, and grow the economy. A modest increase would improve worker productivity, and reduce employee turnover and absenteeism. It would also boost the overall economy by generating increased consumer demand.
Businesses Support Raising the Minimum Wage
Business executives support a higher minimum wage. A survey conducted by Republican pollster Frank Luntz that was leaked to the Washington Post in April found that 80 percent of business executives supported increasing the minimum wage.
• Small business owners support a higher minimum wage. A national poll of small business owners conducted by the American Sustainable Business Council found that 60 percent of small business owners support increasing the federal minimum wage to $12 by 2020 and indexing it to inflation.
• Businesses are voluntarily raising wages. Hundreds of businesses across the country have pledged to pay their workers at least $12 an hour by 2020.
Raising the Minimum Wage Boosts the Economy
• Raising the minimum wage does not kill jobs. Leading economists have found that increases in the minimum wage have no discernible effect on employment, including employment in high-impact sectors like restaurants and retail.
• Recent experience in cities that have raised their minimum wages provides further support. San Francisco increased its tipped minimum wage to $12.25, before tips, and experienced positive job growth in the leisure and hospitality industry the following year.
• Raising the minimum wage increases consumer spending and boosts the economy. A study by Doug Hall and David Cooper estimated that a $2.55 increase in the minimum wage would increase the
earnings of low-wage workers by $40 billion and result in a significant increase in GDP and
employment.
• A raise in the minimum wage predominantly benefits low-wage workers, precisely those most likely to put additional income directly back into the economy, kick starting a virtuous cycle of greater demand for goods and services, job growth, and increased productivity
Yes and unfortunately many don’t get raises for many years. I don’t want to have to pay more to get a burger and fries because they want to pay a 16 year old $15/hour.
Minimum wage isn't suppose to be "career wage" but $7 (in some places) is OBSCENE in 2021. I was making $6.50/hr as a cashier at Harrow's 26 years ago!! Minimum wage absolutely needs a bump, people should at least be able to put some food on the table after a 40 hr work week.
Teens are not the only ones working min wage jobs, many adults only have minimum wage jobs to get by. Some work 2-3 of them and still cannot make ends meet.
The places that are at $7 have very low rents, mortgages and taxes. That is why it equals out. I am all for higher minimum wages but I also can’t afford to pay more for things and want more people to be able to work. Layoffs will happen as they will not be able to afford to pay everyone $15/hour.
I lived in FL from 97-01, it was DIRT CHEAP to live there, minimum wage at the time was around $4.40/hr and I can assure, that was garbage money even in a place with a very low cost of living.
Realistically, minimum wage is off base from cost of living and inflation.
Many states have less COL, taxes at 1,000 year, houses for under $200,000. The only thing I have seen with these places is that food is about the same price (food stores). FL is not cheap anymore like it used to be.
FL is still very cheap, I have many friends and family there.
Reality is, there is no way you can make $7/hr and afford a $200K house plus bills, food, car etc. Across the nation, there needs to be an increase because again, minimum wage is not aligned with COL or inflation.
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| Posted 1/14/21 11:49 PM |
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