I'm officially on AUTO ALERT!

But is it every other post... or just the ones that say arbitrary minimum wage!

@joe-shmo said
Take a free standing spring and and place it in your hand. It has a fixed height relative to your hand. Now shove your hand toward the opposite end of the spring. While you are shoving the spring compresses ( the ends move towards each other ), whenever you stop shoving the spring will return to its rests height after oscillating a bit.

This is obviously analogous to ra ...[text shortened]... he spring toward the other is surely talking about short term. The economic shove is unsustainable.

@joe-shmo - Big Union doesn't have written in a contract to get a $8 per hr. raise.

Joe, I do not know how they have worded the raise in their contract but you don't know either.
For all I know they could have - and likely did have, wording where they get twice
the increase that the minimum goes up, or something similar. Works for them...? yup

Please keep in mind...

As the compassionista democrats pour their hearts out in trying to appear as the
friend of the downtrodden, hard working minimum wage earner, the truth is, they
have never ever even thought of taking the big yoke from around their neck, and
that is the income taxes that the feds impose on these "poor" people.

After all the strata of wage earners get their raises and the smoke clears, the only
essential change will be that we are all in a higher tax bracket. BOOK IT.

"And for those of you in Rio Linda..."

@earl-of-trumps said
@joe-shmo - Big Union doesn't have written in a contract to get a $8 per hr. raise.

Joe, I do not know how they have worded the raise in their contract but you don't know either.
For all I know they could have - and likely did have, wording where they get twice
the increase that the minimum goes up, or something similar. Works for them...? yup

@earl-of-trumps said
Please keep in mind...

As the compassionista democrats pour their hearts out in trying to appear as the
friend of the downtrodden, hard working minimum wage earner, the truth is, they
have never ever even thought of taking the big yoke from around their neck, and
that is the income taxes that the feds impose on these "poor" people.

After all the strata of ...[text shortened]... will be that we are all in a higher tax bracket. BOOK IT.

"And for those of you in Rio Linda..."

@wildgrass said
It's not true that a minimum wage increase does not change properties of the system. Minimum wage is below the poverty line. Getting these 30 million workers above the poverty line completely changes from whom they receive a paycheck. Government or corporation? It fundamentally changes the economic model.

If we want to get away from arbitrary minimum wage numbers, I thin ...[text shortened]... e employers to pay full-time employees enough to keep them out of poverty (i.e. off the gov't dole).

@earl-of-trumps said
@joe-shmo - Big Union doesn't have written in a contract to get a $8 per hr. raise.

Joe, I do not know how they have worded the raise in their contract but you don't know either.
For all I know they could have - and likely did have, wording where they get twice
the increase that the minimum goes up, or something similar. Works for them...? yup

Traditionally, unions have supported minimum wage initiatives because their contracts have been directly or indirectly tied to the minimum wage. For instance, UNITE contract that covered workers in Pennsylvania, Ohio, and South Jersey said the following:
"Whenever the federal legal minimum wage is increased, minimum wage [in the agreement] shall be increased so that each will be at least fifteen ( 15% ) percent higher than such legal minimum wage.”

https://www.businessinsider.com/raising-federal-minimum-wage-cbo-jobs-poverty-2019-7

See this is the kind of thing that clearly supports "you can't get something for nothing" economic spring analogy.

"Raising the federal minimum wage to $15 an hour by 2025 would shed 1.3 million jobs from the economy but also reduce the number of Americans living in poverty by the same amount, according to a report the nonpartisan Congressional Budget Office released on Monday."

Your losing 1.3 million jobs to lift 1.3 million out of poverty. What has actually been done here? What happens to the 1.3 million who lost their jobs? How are they magically kept out of poverty?

@joe-shmo said
The poverty line just moves up. You can't eradicate poverty by arbitrarily changing the min wage. It may appear that way short term, but long term it just goes back to where it was with respect to population proportions with new arbitrary numbers...

@wildgrass said
The money is already in the system, via food stamps and welfare. The fundamental change is not the amount of money coming in the door, it's the source of that money.

@joe-shmo said
If the money is already in the system through gov welfare systems why is everyone already not lifted out of poverty?

@earl-of-trumps said
Please keep in mind...

As the compassionista democrats pour their hearts out in trying to appear as the
friend of the downtrodden, hard working minimum wage earner, the truth is, they
have never ever even thought of taking the big yoke from around their neck, and
that is the income taxes that the feds impose on these "poor" people.

After all the strata of ...[text shortened]... will be that we are all in a higher tax bracket. BOOK IT.

"And for those of you in Rio Linda..."

@wildgrass said
Technically I guess they are, depending on your viewpoint. Big gubment manages welfare programs to protect families from poverty. The poverty level is set at real wages. If your income falls below that, you receive federal assistance dollars to make up the difference. So you are considered and counted as impoverished by the federal aid program, but are able to live with foo ...[text shortened]... assistance.

I would rather see that gap closed by corporations, not gubment. Maybe it's just me?