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So I've been thinking through this whole minimum wage thing.... Jeordam Send a noteboard - 28/06/2017 05:47:26 PM

How is that figure determined? I've read most of this thread, but I don't seem to remember anyone mentioning where that figure of $15 per hour comes from. I've seen thoughts and concepts referenced that shouldn't the minimum wage cover basic life necessities?

As determined by.....? What's a necessity? What isn't? I've seen that it should pay for rent. Where? The last time I was apartment shopping (more then 5 years ago now), I found a little 2 bed/2 bath, 1100 sqft...no garage. It was $2650 per month. It was not nice. It was old, needed work, and had a serious ant problem.

What I'm getting at is how are we expecting a blanket figure to actually accomplish the goal? And even if it doesn't accomplish the goal, wouldn't it actually hurt the situation? I'm no economics expert...so I'd like to see someone actually explain it.

~Jeordam

ex-Admin at wotmania (all things wot & art galleries)
Saving the Princess, Humanity, or the World-Entire since 1985
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Case study of the damage liberalism can do - $15 Min Wage - 27/06/2017 01:54:54 AM 1505 Views
Seattle is a poor choice for a case study - 27/06/2017 05:31:18 AM 867 Views
Well, sure, but many of those non-entry level jobs are being held by baby boomers. - 27/06/2017 06:09:40 AM 853 Views
That's at least in part because the minimum wage makes automation more cost-effective - 27/06/2017 11:04:28 AM 752 Views
That is an incredibly silly argument. - 27/06/2017 08:56:09 PM 835 Views
If you assume wages can't go lower... - 29/06/2017 04:52:33 AM 848 Views
Many? - 27/06/2017 12:30:39 PM 842 Views
Amen. - 27/06/2017 07:21:47 PM 807 Views
Yes, many. My office is full of them. - 27/06/2017 08:59:55 PM 757 Views
So is life. - 27/06/2017 09:29:01 PM 787 Views
Re: So is life. - 27/06/2017 09:49:21 PM 774 Views
My father worked two jobs his entire working life. - 27/06/2017 09:56:56 PM 793 Views
We have a 40 hour work week for a reason. - 27/06/2017 10:17:15 PM 832 Views
That's a piss-poor analogy - 27/06/2017 10:23:04 PM 775 Views
How is that really relevant, then? - 27/06/2017 11:03:34 PM 750 Views
I am really enjoying this new-fangled "like" feature we have now. *NM* - 28/06/2017 12:13:42 AM 569 Views
*NM* - 28/06/2017 12:25:45 AM 427 Views
Personal choice - 28/06/2017 12:20:47 AM 859 Views
Re: Personal choice - 28/06/2017 12:32:31 AM 821 Views
In theory I agree with your ideas about a living wage, however - 28/06/2017 12:16:56 PM 829 Views
Very good questions - 28/06/2017 03:01:02 PM 802 Views
FULLY AUTOMATED LUXURY SPACE COMMUNISM. - 28/06/2017 07:49:59 PM 923 Views
damn *NM* - 27/06/2017 09:29:01 PM 501 Views
Just retire already, you luddite! *NM* - 27/06/2017 09:45:46 PM 510 Views
I wish. - 27/06/2017 09:48:02 PM 826 Views
Bad life decisions lead to bad life consequences - 28/06/2017 05:44:58 PM 767 Views
You also shouldn't respond to it by letting them die. - 28/06/2017 07:53:10 PM 794 Views
But this same arguement can be flipped by.... - 28/06/2017 10:34:25 PM 856 Views
I feel like you're making my arguments for me here. - 28/06/2017 10:51:38 PM 884 Views
an apt comparison - 28/06/2017 11:09:25 PM 747 Views
So everyone who "can't" - 29/06/2017 09:49:41 AM 791 Views
ummm - 29/06/2017 02:06:54 PM 712 Views
I know. And I disagree with you. - 29/06/2017 04:58:45 PM 827 Views
Health care and minimum wage are different discussions - 29/06/2017 05:14:07 PM 806 Views
I think nossy and I are ok with letting lazy people get by... - 29/06/2017 08:11:36 PM 795 Views
Si - 29/06/2017 09:08:03 PM 804 Views
Who said that? - 29/06/2017 09:47:32 PM 863 Views
Who said what? - 29/06/2017 10:32:12 PM 750 Views
There is a huge difference.... - 29/06/2017 05:10:05 PM 811 Views
Why does McDonalds keep coming up in this? - 29/06/2017 06:53:46 AM 953 Views
Nicely said. Or written. *NM* - 29/06/2017 09:30:06 AM 472 Views
All right, so what society without minimum wage do you point to as a model? *NM* - 29/06/2017 09:39:12 AM 501 Views
How about "all the ones we had before the 20th century"? - 29/06/2017 10:47:30 PM 922 Views
The ones where hunger and scarcity were widespread? - 29/06/2017 11:04:02 PM 767 Views
So just to put this out there... - 29/06/2017 11:12:47 PM 759 Views
Re: So just to put this out there... - 30/06/2017 01:34:03 AM 735 Views
Yes, and me being SUCH a fan of urbanization... - 30/06/2017 03:39:51 PM 949 Views
I for one am entirely unsuprised. Common sense result. *NM* - 27/06/2017 06:23:01 AM 530 Views
Seems like a methodology to identify struggling operations more than one to evaluate... - 27/06/2017 10:25:30 AM 778 Views
But the traffic is the WORST. - 28/06/2017 12:47:13 AM 883 Views
You are a Husky? TIL clover is one of the Huskies. - 28/06/2017 02:26:46 AM 724 Views
Re: But the traffic is the WORST. - 28/06/2017 10:38:54 AM 772 Views
Just to nitpick, Switzerland isn't exactly homogeneous. - 28/06/2017 10:28:01 PM 819 Views
So I've been thinking through this whole minimum wage thing.... - 28/06/2017 05:47:26 PM 846 Views
Re: So I've been thinking through this whole minimum wage thing.... - 29/06/2017 05:08:56 AM 848 Views

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