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#51
Dec 6 2021 02:08pm
Quote (Black XistenZ @ Dec 6 2021 03:06pm)
sure, but a certain fraction of the raise would be eaten up by inflation. raise in nominal salary != raise of actual purchasing power.
as a general rule of thumb, inflation is rough for poor people who have to spend almost all of their income on consumption while it barely touches the rich who derive most of their income from capital gains rather than wages. the upper middle class usually falls somewhere in between.


as a homesteader with a root cellar and freezer full of food for my family im ready af for that to happen.

on a real note i realize inflation would just run even more wild, and im not for a large increase in the min wage. twas just a joke.
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#52
Dec 6 2021 02:08pm
Quote (SorceressAndrea @ Dec 6 2021 03:08pm)
What's funny about this post if it was directed at me is that I didn't make any opinions at the point of this post.


dude I don't even know you, it was a loud post towards the thread and not at anyone specific.
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#53
Dec 6 2021 02:10pm
Quote (thesnipa @ 6 Dec 2021 21:08)
as a homesteader with a root cellar and freezer full of food for my family im ready af for that to happen.

on a real note i realize inflation would just run even more wild, and im not for a large increase in the min wage. twas just a joke.


I know, I just wanted to point out that higher wages don't translate straight into gains of purchasing power due to the inflation factor. Thought that was a relevant point to make for this thread. ;)
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#54
Dec 6 2021 02:12pm
Quote (Mondain @ Dec 6 2021 03:08pm)
dude I don't even know you, it was a loud post towards the thread and not at anyone specific.


Well, it is My thread, and you didn't quote anyone, so it wasn't a far leap for me to make.

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#55
Dec 6 2021 02:12pm
Quote (thesnipa @ Dec 6 2021 12:57pm)
whole thread is a joke. lawmakers are proposing to put it to voters to allow a 6 month training wage. the idea they arent listening to voters when asking voters to vote is pretty comical.



if the min wage went to 20$/hour i'd get a significant raise.


A six month training wage. Ill have to read about it. While I understand a trainee offers less, if the trainee is working toward graduating to minimum wage from their sub minimum wage, It's likely not a high skilled position and 6 months is a ridiculous probationary period to graduate to minimum wage.
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#56
Dec 6 2021 02:13pm
Quote (LouisLeGros @ Dec 6 2021 03:02pm)
Federal minimum wage hasn't been touched since Bush, there was still inflation... almost like prices aren't dictated by a minimum wage.

Good luck getting your laissez-faire utopia and escaping from the endless cycle of being cucked by corporations power structures and the opinions of the vast majority of people being against your economic views.


Sadly, for some reason it is the norm to make excuses for the corporaations instead of holding them accountable.

The worst argument ever is "if we raise min wage, they will just charge us more"

What you're saying with that argument is you give up.
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#57
Dec 6 2021 02:15pm
Quote (SBD @ Dec 6 2021 03:12pm)
A six month training wage. Ill have to read about it. While I understand a trainee offers less, if the trainee is working toward graduating to minimum wage from their sub minimum wage, It's likely not a high skilled position and 6 months is a ridiculous probationary period to graduate to minimum wage.


And I think the important thing to note here is they didn't offer this until AFTER voters voted to raise the minimal wage.
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#58
Dec 6 2021 02:15pm
Quote (Black XistenZ @ Dec 6 2021 03:10pm)
I know, I just wanted to point out that higher wages don't translate straight into gains of purchasing power due to the inflation factor. Thought that was a relevant point to make for this thread. ;)


i agree that it is a good point among so much rabble

Quote (SBD @ Dec 6 2021 03:12pm)
A six month training wage. Ill have to read about it. While I understand a trainee offers less, if the trainee is working toward graduating to minimum wage from their sub minimum wage, It's likely not a high skilled position and 6 months is a ridiculous probationary period to graduate to minimum wage.


in reality its most likely a failed virtue signal they cant expect to pass unless boomers out of the work force champion it out of nostalgia.
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#59
Dec 6 2021 02:19pm
Quote (SorceressAndrea @ 6 Dec 2021 12:13)
Sadly, for some reason it is the norm to make excuses for the corporaations instead of holding them accountable.

The worst argument ever is "if we raise min wage, they will just charge us more"

What you're saying with that argument is you give up.


Its like they don't even understand/believe in their own purported free market system. Oh no if minimum wage is increased they'll just increase the price of stuff!

If they increase prices why wouldn't other business try to undercut those increases in prices? You always seem to shit on the value of labor, but when forced to increase their wages it is suddenly the only thing driving economic systems.

This post was edited by LouisLeGros on Dec 6 2021 02:20pm
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#60
Dec 6 2021 02:19pm
Quote (SorceressAndrea @ Dec 6 2021 12:13pm)
Sadly, for some reason it is the norm to make excuses for the corporaations instead of holding them accountable.

The worst argument ever is "if we raise min wage, they will just charge us more"

What you're saying with that argument is you give up.


The entire system needs to be re-worked entirely.

First of all, you'd have to abandon fiat currency and the banking system entirely. It's designed to fleece the masses, so we're already running on a system based around a currency that is inherently flawed.

Secondly, you'd have to figure out a way to deal with inflation.

Simply raising minimum wage isn't the answer, and staying within the confines of the current system isn't either.

There is no easy solution. Truth is, mankind hasn't invented it yet, because we're just too self-serving of a race at this time.
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