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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 1504 Views
Seattle is a poor choice for a case study - 27/06/2017 05:31:18 AM 866 Views
Well, sure, but many of those non-entry level jobs are being held by baby boomers. - 27/06/2017 06:09:40 AM 852 Views
That's at least in part because the minimum wage makes automation more cost-effective - 27/06/2017 11:04:28 AM 751 Views
That is an incredibly silly argument. - 27/06/2017 08:56:09 PM 834 Views
If you assume wages can't go lower... - 29/06/2017 04:52:33 AM 847 Views
Many? - 27/06/2017 12:30:39 PM 841 Views
Amen. - 27/06/2017 07:21:47 PM 806 Views
Yes, many. My office is full of them. - 27/06/2017 08:59:55 PM 756 Views
So is life. - 27/06/2017 09:29:01 PM 786 Views
Re: So is life. - 27/06/2017 09:49:21 PM 773 Views
My father worked two jobs his entire working life. - 27/06/2017 09:56:56 PM 792 Views
We have a 40 hour work week for a reason. - 27/06/2017 10:17:15 PM 831 Views
That's a piss-poor analogy - 27/06/2017 10:23:04 PM 774 Views
How is that really relevant, then? - 27/06/2017 11:03:34 PM 749 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 426 Views
Personal choice - 28/06/2017 12:20:47 AM 858 Views
Re: Personal choice - 28/06/2017 12:32:31 AM 820 Views
In theory I agree with your ideas about a living wage, however - 28/06/2017 12:16:56 PM 828 Views
Very good questions - 28/06/2017 03:01:02 PM 801 Views
FULLY AUTOMATED LUXURY SPACE COMMUNISM. - 28/06/2017 07:49:59 PM 922 Views
damn *NM* - 27/06/2017 09:29:01 PM 500 Views
Just retire already, you luddite! *NM* - 27/06/2017 09:45:46 PM 509 Views
I wish. - 27/06/2017 09:48:02 PM 825 Views
Bad life decisions lead to bad life consequences - 28/06/2017 05:44:58 PM 766 Views
You also shouldn't respond to it by letting them die. - 28/06/2017 07:53:10 PM 793 Views
But this same arguement can be flipped by.... - 28/06/2017 10:34:25 PM 855 Views
I feel like you're making my arguments for me here. - 28/06/2017 10:51:38 PM 883 Views
an apt comparison - 28/06/2017 11:09:25 PM 746 Views
So everyone who "can't" - 29/06/2017 09:49:41 AM 790 Views
ummm - 29/06/2017 02:06:54 PM 711 Views
I know. And I disagree with you. - 29/06/2017 04:58:45 PM 826 Views
Health care and minimum wage are different discussions - 29/06/2017 05:14:07 PM 805 Views
I think nossy and I are ok with letting lazy people get by... - 29/06/2017 08:11:36 PM 794 Views
Si - 29/06/2017 09:08:03 PM 803 Views
Who said that? - 29/06/2017 09:47:32 PM 862 Views
Who said what? - 29/06/2017 10:32:12 PM 749 Views
There is a huge difference.... - 29/06/2017 05:10:05 PM 810 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 471 Views
All right, so what society without minimum wage do you point to as a model? *NM* - 29/06/2017 09:39:12 AM 500 Views
How about "all the ones we had before the 20th century"? - 29/06/2017 10:47:30 PM 921 Views
The ones where hunger and scarcity were widespread? - 29/06/2017 11:04:02 PM 766 Views
So just to put this out there... - 29/06/2017 11:12:47 PM 758 Views
Re: So just to put this out there... - 30/06/2017 01:34:03 AM 734 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 529 Views
Seems like a methodology to identify struggling operations more than one to evaluate... - 27/06/2017 10:25:30 AM 777 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 723 Views
Re: But the traffic is the WORST. - 28/06/2017 10:38:54 AM 771 Views
Just to nitpick, Switzerland isn't exactly homogeneous. - 28/06/2017 10:28:01 PM 818 Views
So I've been thinking through this whole minimum wage thing.... - 28/06/2017 05:47:26 PM 845 Views
Re: So I've been thinking through this whole minimum wage thing.... - 29/06/2017 05:08:56 AM 847 Views

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