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Either way there is going to be massive unemployment in the future as robots run more and more things and we really just don't need the people to work. At some point it'll be nice not to blame them and actually just focus on solving the problem
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In theory, if she gets and/or keeps the job and can make $15 she will no longer need (or likely qualify) for government assistance so she can get off of it. Of course, this all depends on how the raise affects the economy. If the cost of living skyrockets as a result of it then she won't be any better off. We will soon be finding out just how it works out. |
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Wages
The county just south of mine is so wealthy that 15 years ago, the starting salary at McD's was $9 an hour + medical, dental & 401K. For kids in high school who could work 20 hours a week.
That same time, my son went to work at a movie theatre for $5.25 an hour. I asked him why. He said no way he'd work fast food. Don't think he's lazy. The VP of the company, an original of the founding brothers came out the the theatre to see my son. Said it was the only the second time he had done this. Said he would be instantly be promoted to asst. manager, but he was only 17. Company policy, said you must be 18. But they loved his work ethic. He unofficially supervised the managers. But he was living at home. I had a friend that moved to rural Indiana and need to supplement his Social security. 1, that's right 1 job, in 50 miles, opened up at a Burger King. $5.25 an hour. 300+ people lined up for this job. All adults. there were no other jobs to be had. There was a pharma company paying good wages. And a 20 year waiting list to get hired. Minimum wage jobs are only for kids is a myth. Many of my friends are 50+ and if they lose their good job, they know no one will hire them, no matter how good they are. A good portion of that is under current health care, they could raise a company's overall medical insurance costs. |
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If employers are allowed to set wages, move offshore and have a never ending supply of job applicants. Wages will drop and drop. Until the voters realise voting in a Government that will subsidise them is the only alternative. Whart is inevitable is the old style Republican Party is dying. Will Trump voters vote for Cruz? |
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The latest fiasco is Defiant China slaps steel tariffs on Britain as trade war looms* |
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Good for them. But what's the catch?
Let me guess. It only applies to illegals and refugees, right? Everyone else gets paid the actual minimum wage. Gotta be April Fools. |
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Add into it the fact that the baby boomer lost a lot during the recession so many of them no longer retiring and it makes it a lot more difficult to move up the income ladder than before. I went to the McDonald's in my town about a 2 weeks ago for lunch. I would say at least half the people working there were adults. Not elderly people, but people that looked to be in their 30's and 40's. |
While I agree with you on some points...And I understand that maybe 1/3 of "refugees" that come to Europe are actually from war conflict zones...And while i also understand that letting in milions of people WITHOUT ANY CHECK on them and without their registration..is not a wise thing at all....I would like to ask you...What is your compassion level ? What would you do if you would be on these guys place ?
http://www.asianews.it/files/img/SIR...da_vittime.jpg http://photo.sf.co.ua/g/365/4.jpg http://thelibertarianrepublic.com/wp...015/10/scw.jpg what is your compassion level ? Do you live in some in/near some rotten ghetto in Rotterdam to totally hate everything that is not dutch ? Would you stay in "migrants camp" in Turkey or would you rather try your luck to live with some hope and dignity? https://static-secure.guim.co.uk/sys...ran-oi-006.jpg "democracy for whole world " !:1orglaugh:1orglaugh Quote:
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With new AI voice recognition technology order talking at fast food restaurants does not have to be done by humans -- the problem to be worked out is filtering background noise -- maybe enter the order booth (that is sound deadening). You will probably need maintenance and cleaning help to be human occupations.
Investing in AI and production robotics businesses as well as stock stakeholdings would be a good idea. Robotics maintenance technician will be a good paying job. Social welfare stipends and payments would be an increasing expense in the budget. The government could create make-work jobs and pay recipients slave-wages equal to the social welfare stipends and payments they would receive every month :upsidedow Horse buggy drivers and teamsters adapted, blacksmiths adapted, buggy whip makers folded and their workers adapted to new vocations (or starved). I see this as a positive thing stimulating new efficiencies -- human workers are getting expensive -- it is time to explore alternatives. |
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so why should everyone "subsidize" (through higher prices on goods/services) teenagers? |
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There are alternatives. Reduce the population to a size that fits. So a couple are only allowed one child, massive tariffs are placed on imported goods from countries that saturate other markets with cheap goods. As for adapting. Using a model based on the days when buggies were being replaced by cars. Shows you haven't thought it through. Thinking robots will provide jobs for Americans is another mistake. |
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You're still thinking the present model can keep taking jobs and decent wages away from a large section of the population. And continue. It can't because eventually it will hit your wages as your customers can no longer afford to buy. Unless you're in a profession that's protected and pays well. And I doubt if you are. Medium Level self-employed programmers are going to find the going tough. Major companies will shove out the small ones, Indians and others can work cheaper, doesn't matter how they are now, they will improve. And the market your clients rely on is shrinking. |
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but since we're at it - how many people do you employ? |
Most are commenting as if the market and situation is stable. It's not and we are in the middle of an evolving situation.
Jobs are going to Automation and being exported at an alarming rate. The population is increasing at the same alarming rate. Decent paying jobs are getting higher paid and require higher skills. And if it isn't stopped, the customer base we rely on will shrink and shrink. http://static1.businessinsider.com/i...age-growth.png http://3.bp.blogspot.com/-zdtJ1XIr7z...urly-wages.png http://graphics8.nytimes.com/images/...t3-blog480.jpg http://www.pewresearch.org/files/201...stagnation.png There are only so many memberships the 1% can buy. http://i2.cdn.turner.com/money/2011/...rich-2.top.gif |
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also, I think you are missing what the problem is, the problem is not lack of jobs... the problem is lack of skills, there are ton of available jobs but most of them require some specialized skills... by raising minimum wage you reduce people's incentive to acquire those skills... leaving them stuck with 20th century skills, in 21st century economy... |
Wages
It's time for Economics 101.
Businesses don't pay employees their salaries. Businesses don't pay taxes. THE CUSTOMER, who buys the product pays both, plus the cost of the product and all the other costs. PLUS all the profits for the company's owners. Some owners are more greedy than others. Now that you've just learned your first college class in Economics, remit the class fee. |
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Of course there has to be import taxes on companies what want to destroy job. And more spent on education to make sure there are enough to fill the high-skilled jobs. |
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No Paul -- Obsolescence.
Low wage labor will be partially obsoleted. Just like the jobs in the magazine and newspaper production industry were. We don't need many pressmen (print shop workers) today. The world changes some of the people fail to change with the world. My grandfather owned a garment factory in New York City in the 1930 - after the second world war. He made his money exploiting cheap immigrant labor. Then when the workers in the garment industry unionized -- the higher wages made it marginally profitable. In 1949 he sold out to his partner and retired at 58. Henlou Ladies Sportwear, the factory Henrietta and Louis founded is no more today, they no longer sell to Saks Fifth Avenue and other higher end retailers. Couldn’t compete. Same shit new day -- when wages become too high businesses automate or offshore to cheaper labor markets. The problem will not be solved with handouts for the unemployable. Nor can they be exiled to the space colony or die in the streets begging ... So, only higher efficiency and profits can subsidize the hard core unemployable to a very marginal existence. Forced work for your subsidy is not so unjustified -- child care workers for the employed as an example. May be there needs to be constructed child care centers -- these could be staffed be displaced lower skilled workers. Cleaning up and giving simple daycare to children would not be above their skills if the displaced worker can show metal stability and a willingness to do the job. Cheap help like this is not worth $15/hr ($22.00/hr with mandated work benefits by the state). Things will rebalance and equalize in the higher cost labor low-skills market. Maybe, we will have GMO Monkey workers that you can buy -- they will work for bananas sweeping floors and cleaning toilets. You can keep their little monkey offspring in cages. I mean how hard could it be to teach a monkey to clean a toilet -- give him a cookie when he completes his task :) http://vignette3.wikia.nocookie.net/...20100328022522 |
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Your economics is 40 years out of date. Can you pay via Paxum? Companies like Macdonalds, Walmart, J.C. Penny, can't export their jobs. Corporate Profits of Low-Wage Employers | Raise The Minimum Wage http://static3.businessinsider.com/i...rt_1%20(8).png Click here to read more. How many of these jobs can be exported to the Third World? How many of these companies are subsidised by taxpayers? how many of these companies are owned by the very wealthy? How many of them do everything they can to minimise taxes? Yes Sunny Day, you will have to pay more for your burgers so your fellow Americans get a decent wage. Because the owners have no intention of lowering their income. |
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"are you a teenager or does your spouse make more than $100k/year?" [checkbox] but either way, assume there is no additional paperwork cost, you could just magically make families making over $100k/year exempt... would you? |
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Much like we have in Europe. Especially Countries like Sweden and Denmark where it's around 45% and 49% of GDP. Or do you think it can be done on the present tax rate of 26%? |
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I said teenagers who are not living with parents able to support them properly. Again more paperwork and checking the facts. America has a large "ME" culture. Where people will do anything not to care for fellow Americans. That can't continue because eventually the poor will outnumber the rich at the polling booths. They already outnumber them in the population. A Sanders or a Trump will sail into positions of power and no matter how much the rich spend on adverts. It won't work. In the UK a lot of people are anti-EU and UKIP sprung from nowhere to become a force. Mass migration has turned many voters into right wing voters. So many demand politicians not tied to the big donators. They will get it if they vote for it, in all elections. |
I got news for you;
Wage earning workers who make a median of $38K, or less in the USA, a year pay most all of the sales (or VAT) taxes. So, you are really saying that the qualified worker should pay the taxes for the support of the low-skilled marginally employed minimum wage worker. That will not fly in the USA. Europe has a hereditary memory of serfdom so maybe the workers there can rationalize it somehow. What will happen (sarcastically but to the point): is that in a hotel were there were 3 housekeepers to a floor of 100 rooms (@$8/hr) there will now only be 1 housekeeper (@$15/hr) per floor with 4 trained monkey assistants that work for bananas. Low wage earners will be expected to work harder and more efficiently for a higher wage. Many jobs can be done by automation, robotics or trained animals -- whatever works best. |
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so given the goal of minimum wage is to help poor families achieve enough income to "live on"... teenagers should be exempt, since they don't use income for living expenses... you agreed with me on that... so using similar logic, I would think families making over $100k/year should be exempt too, since there is no reason at all why we should subsidize $15/hr wage for them? do you agree? or do you think there is some reason why we should indeed subsidize high wages for them? |
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I think many are angry their cheap lifestyle will be upset by higher taxes or prices. It will be decided at the ballot box when those on a low wage get out and vote for people who will deliver the change they want. They've seen 40 years or more of voting for people who have catered to the top and grown poor by it. Do you agree that fewer people buying your customers products reduce's your income? |
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I'm curious.
For those who believe that raising minimum wage will speed up the process of automation/robotics taking over over low paying jobs, what do you think will them happen? Do you think we will just end up with a big segment of the population that is unemployed/unemployable or do you think there there will be growth in other industries and those people can find jobs there? |
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I do think there will new fields opening up and some new opportunities for those who have the correct education/experience, but I don't know how many of those types of jobs we will have. I can see a future where we as a nation simply no longer create enough jobs at any pay level to accommodate all of those who want a job and we could end up in a situation where we have an unemployment rate that hangs out around 15% or higher and it is excepted as being the norm. |
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To me, the difference now is that technology is quickly becoming a reality. In the 1980's it was pretty limited, but these days technology is advancing at a pace that we could see some major changes within in the next 10-15 years. |
Trade Act Programs | United States Department of Labor
The could be a wage rate readjustment act also -- there might be a payroll tax 50/50 worker/employer to fund it. There should be vocational retraining opportunity however limited its success has been. Tax supported vocational training schools and 2 year college schooling towards getting AA degrees in needed skills would go a long way toward eliminating a lot of need to work temporarily at minimum or low wages to help pay for continuing or advanced schooling. There only might be a need of 1/3 of today's current minimum or low wage job positions in the near future. Do we behave like a Luddite and destroy the machines or regress progress with Luddite politics -- the idiots shall inherit the earth? |
$15/hr to flip burgers? There are skilled tech support people making $12. Dang
Fast food workers, meet your replacement http://libertynews.com/wp-content/up...rs-750x350.jpg If I owned a restaurant I'd go right out and buy these. No human error. No paid benefits. No sick days. No attitude. Always on time. |
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