California Politician Proposes a $50 Federal Minimum Wage

[WhiteKnight77]

You seriously cannot make this stuff up. Rep. Barbara Lee in California Senate race says minimum wage should be raised to $50[www.usatoday.com]. One of two things would happen. All small businesses would close, or inflation would rise exponentially as prices for goods rise. Forget about restaurants. This would put a lot of people out of work.

$50 minimum wage will put every restaurant ‘out of business’: Chef Gruel

SMH

[Thadeus]

Opprinnelig skrevet av derrick:

I read thread title...

♥♥♥♥ YEAH, let it happen, and I'll move to CA.

Edit: This doesn't come with strings does it?

Do you not deserve a living wage for once?

You can't have a $50 hourly minimum wage in America's economy. I swear you're the same kind of people who advocate for printing more money.

[Triple G]

Opprinnelig skrevet av derrick:

Knowing I don't care for political, but is this thing really going to happen or not?
It sounds amazing to me.

No idea. It´s a proposal. So i guess she chose a high number, to get the discussion going, and to gain some voters - i don´t know which primarily.

If i should take a guess: it´s not going to happen within the next couple of decades, if ever.

[Triple G]

Opprinnelig skrevet av derrick:

I see, that's a bummer. of course it looked good at first glance, but its never that simple.

Imho the better approach is to reduce the costs for the citizens / workers. But that would demand that there would be a left party in the U.S., which isn´t the case.

Minimum wage is half-assed and solves nothing - it delays the problems for a year or two, and looks good on paper, probably gains some voters.

[Triple G]

Opprinnelig skrevet av derrick:

Yeah, and then the disabled like myself are nothing to anyone.

Instead of making regulations about the minimum wage one could have a universal income, and i also don´t understand why there´s no upper limit, as of course the money some individuals make is missing somewhere else. I don´t know why machine work isn´t taxed like human work. I don´t know why there aren´t mechanisms to pay extra if companies source their work into other countries. That decision should be made only to shorten the transportation ways, so there´s less resources needed or it - not to exploit the workers elsewhere, because it´s not allowed in the home country.

If You´re disabled You´re usually at a disadvantage, depending on the disability. Here You´d have the best chances in an official job, because they follow the regulations about it, while other companies prefer to buy their way out of it. So You´d have a full time job, with full time pay - for a job which is half time for non disabled people. Because if it´s not a private company, You don´t need to make profits, or growth - or pay these millions on salaries and bonus payments at the upper end.

[Γαῖα]

Opprinnelig skrevet av Thadeus:

This does absolutely nothing but supports big corporations and destroys small businesses. People will lose their jobs because not all corpa need to hire them, and the small businesses can't pay them.

I mean it's not surprising at all, we all know the Democrats have a hardon for big corpa and absolutely despise the average joe whom they consider morons in need of a super nanny government.

Well done, so blinded by politics we don't get one ounce of business sense.
Anyone with any noodle knows employees are a required asset just like vans and office chairs are. We know even if a business could absorb £50 dollar hr rate, prices are still going to be driven up regardless.
The problem isnt what an employer pays an employee, its how they are valued in a given business model as opposed to other operating costs. There is nothing personal in needing a new van more than an extra employee if that's what a business requires to make a margin.

As for your other post quoting a person also being the type to advocate printing more money, do you live in the dark ages as it aint gold propping up anyone's currency these days.

[Pocahawtness]

Why is anyone ever surprised when a politician shows they are out of touch with reality?

[Pocahawtness]

Opprinnelig skrevet av derrick:

Opprinnelig skrevet av Pirate☠️Pocah:

Why is anyone ever surprised when a politician shows they are out of touch with reality?

Like yourself?
One who speaks, but accepts the crumbs. Begging for scraps at the master's table.

What?

[MinionJoe]

Opprinnelig skrevet av derrick:

Do you not deserve a living wage for once?

You mean like the high school kid that forgets the cheese on my Filet O' Fish?

No, he does not deserve a living wage.

[Scott, President of Dominos]

Opprinnelig skrevet av Triple G:

Opprinnelig skrevet av derrick:

Yeah, and then the disabled like myself are nothing to anyone.

Instead of making regulations about the minimum wage one could have a universal income, and i also don´t understand why there´s no upper limit, as of course the money some individuals make is missing somewhere else. I don´t know why machine work isn´t taxed like human work. I don´t know why there aren´t mechanisms to pay extra if companies source their work into other countries. That decision should be made only to shorten the transportation ways, so there´s less resources needed or it - not to exploit the workers elsewhere, because it´s not allowed in the home country.

If You´re disabled You´re usually at a disadvantage, depending on the disability. Here You´d have the best chances in an official job, because they follow the regulations about it, while other companies prefer to buy their way out of it. So You´d have a full time job, with full time pay - for a job which is half time for non disabled people. Because if it´s not a private company, You don´t need to make profits, or growth - or pay these millions on salaries and bonus payments at the upper end.

https://www.cbsnews.com/news/finland-universal-basic-income-experiment-to-end-after-two-years/

Hasn’t worked in any place it has been tried.

[Walach]

Opprinnelig skrevet av Makise Kurisu:

https://www.cbsnews.com/news/finland-universal-basic-income-experiment-to-end-after-two-years/
Hasn’t worked in any place it has been tried.

Seemed to have worked well from the link you wrote. Can't find information about it not working there.

[Triple G]

Opprinnelig skrevet av Makise Kurisu:

Hasn’t worked in any place it has been tried.

What? They talk about an experiment with 2k picked citizens. That way it doesn´t have the effect it could have as alternative for every worker, to make regulations about work obsolete, and let the people negotiate as they wish. Also the articles says it was a too short time for a 2 years test.

This isn´t a try.

[RRW359]

Opprinnelig skrevet av Makise Kurisu:

Opprinnelig skrevet av Triple G:

Instead of making regulations about the minimum wage one could have a universal income, and i also don´t understand why there´s no upper limit, as of course the money some individuals make is missing somewhere else. I don´t know why machine work isn´t taxed like human work. I don´t know why there aren´t mechanisms to pay extra if companies source their work into other countries. That decision should be made only to shorten the transportation ways, so there´s less resources needed or it - not to exploit the workers elsewhere, because it´s not allowed in the home country.

If You´re disabled You´re usually at a disadvantage, depending on the disability. Here You´d have the best chances in an official job, because they follow the regulations about it, while other companies prefer to buy their way out of it. So You´d have a full time job, with full time pay - for a job which is half time for non disabled people. Because if it´s not a private company, You don´t need to make profits, or growth - or pay these millions on salaries and bonus payments at the upper end.

https://www.cbsnews.com/news/finland-universal-basic-income-experiment-to-end-after-two-years/

Hasn’t worked in any place it has been tried.

I'm not a huge fan of UBI either especially one that replaces minimum wage but hasn't Alaska had UBI in all but name since the 70's?

[Pocahawtness]

Opprinnelig skrevet av derrick:

Opprinnelig skrevet av Pirate☠️Pocah:

What?

As if a higher minimum wage is a bad thing.
By your logic, it should have been kept at $2 an hour.

No. I just said that politicians are out of touch. And yes, a minimum wage can be unrealistically high.

[Scott, President of Dominos]

Opprinnelig skrevet av Triple G:

Opprinnelig skrevet av Makise Kurisu:

Hasn’t worked in any place it has been tried.

What? They talk about an experiment with 2k picked citizens. That way it doesn´t have the effect it could have as alternative for every worker, to make regulations about work obsolete, and let the people negotiate as they wish. Also the articles says it was a too short time for a 2 years test.

This isn´t a try.

This is the same “real communism hasn’t been tried!” Excuse.

Opprinnelig skrevet av RRW359:

Opprinnelig skrevet av Makise Kurisu:

https://www.cbsnews.com/news/finland-universal-basic-income-experiment-to-end-after-two-years/

Hasn’t worked in any place it has been tried.

I'm not a huge fan of UBI either especially one that replaces minimum wage but hasn't Alaska had UBI in all but name since the 70's?

I mean, kinda yes but no. It’s a flat dividend that is definitely not enough to live off of, and is heavily reliant on natural resource extraction.

The issue with trying to provide a baseline income to live off of is that it pushes demand up to the point where the provided money isn’t enough to live off of. And likewise has a downward pressure on supply.

[Triple G]

Opprinnelig skrevet av Makise Kurisu:

This is the same “real communism hasn’t been tried!” Excuse.

2k is not universal for every unemployed citizen. And of course no real communism has been tried. But this isn´t about communism in which everything is owned by the citizens. It´s to have an alternative to work, to be not depended on certain employers - or work for that matter - to make a living, because the concept is obsolete nowadays. It´s obsolete since a few decades.