I'm saying that the $15 is entirely arbitrary. So, why not $100?
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Well, shall I buy a new car tomorrow, and keep you updated over the next decade?
I have no doubt that some people spend $900 a month on car ownership, especially if they buy new ones as soon as they finish paying off the last one My father tears through a pickup every 2 years. My best friend buys a new car every time he sees something that looks flashy.
But, we're talking about the most basic of needs, and $900+ a month seems very high for the low end.
Last edited by Machismo; 2021-03-22 at 01:10 AM.
Your whole argument is arbitrary as well since you have provided no data that 15 dollars is wrong.
You keep saying it will harm WV but you provide no data on how?
is there a story that supports this?
BTW you were the one that talked about meals for a family of 5 i guess this is why it started to get muddled.
Not sure why any discussion about min wage be limited to just a single person
Buh Byeeeeeeeeeeee !!
Wait, what?
Okay, fine.
I got some data analysis going from 1945+ and this is what I found:
1) 2020 was the 11th year ina row with no raise to the minimum wage. Since 1945, that's never happened before and is likely the real issue here.
In the 76 years that stared with 1945, I tied the minimum wage directly to the CPI, not the rate of inflation, to talk about its purchasing power. These were ranked #1 to #76.
2) In the years 1961 to 1970, we saw years 1, 2, 3, 4, 6, and 8.
2a) The best year was 1968, the year the minimum waige went from $1.25 to $1.60
2b) The CPI-adjusted 1967 minimum wage, highest on my list, was $11.89
3) In the years 1971 to 1980, we saw years 5, 7, 9 and 10.
4) In those two years, the worst year ws 1974, which was ranked #30.
5) In the year 1974, the minimum wage had stayed the same for six years straight. It was raised in 1975 (#10) and 1976 (#5)
It shouldn't be a huge surprise that, the longer the minimum wage goes without changing, the worse it gets.
6) The worst years for the CPI-adjusted minimum wage were 1945 to 1949. The minimum wage was not doing the job. Years #72 through #76 were all here, and the CPI-adjusted minimum wage was $5.75 dropping to $4.35
6a) The minimum wage was raised in 1950 from 40 cents to 75, $8.05 CPI-adjusted, year #38. This was an enormous change.
7) Years #68 #70 and #71 were 2004, 2005 and 2006, The minimum wage hadn't been raised in 7, 8 and 9 years respectively. It was raised each of the next 3 years, which in turn were #60 #44 and #26 in that order. This compares directly to what happened in 1950, just slower.
7a) Remember, this was when W's recession hit. And the CPI-adjusted minimum wage, and therefore the purchasing power of the nation's poorest, still went up.
7b) If you were employed, of course.
7c) The CPI-adjusted minimum wage in 2006, just before it was raised, was $6.61. Again, to make this clear, it has not been that low since 1950.
8) The Trump years were #49 #54 #58 and #62 in that order. Remember, that's out of 76.
9) Extrapolating from the last ten years, if the minimum wage does not change, its purchasing power will continue to drop. Duh. But it will reach that low point of 2005's in two years, and drop below 2006's value -- again, that's the lowest it's been since 1950 -- in 2025 or so.
So there are three obvious choices on the field:
A) Do nothing, and soon drop to the worst the US has seen since the boomers were in diapers.
B) Raise to $15, which basically hasn't happened before. (It may have happened pre-1945 but I don't have CPI for those years)
C) Raise to $12, which will put it on par with the 1968 highest we've seen -- proving the USA can, in fact, do this.
EXTRA: I also found GDP growth by year and ran each of the following regressions;
a) CPI-adjusted minimum wage vs. GDP growth that year
b) vs. growth the following year
c) vs. growth two years later
d) and vs. growth three years later
None of them gave an r-squared value past 0.01 or something else stupid small.
10) There is no demonstrable corellation between the minimum wage, and GDP growth rate in the immediate future.
10a) Raising the minimum wage does not tank the economy. Other forces control that far more, such as W's recession or COVID.
10b) Raising the minimum wage doesn't boost the economy all that much, either.
Once again, the fucking burden is on you people who want the $15.
And yes, I have... because it has literally never been close to that number, when inflation is taken into account. That was provided multiple times, and ignored.
It was about a single person, because the person provided an article about the minimum liveable wage in Missouri being about $39k for a single person.... which strikes me as absurd.
One thing to note about all this is that there are other methods to use which... I tend to prefer over just straight inflation. There's the "static" way and then the "dynamic" way that takes into accounts an ever-changing basket of goods. The latter puts things in a much worse light.
It wasn't "ignored". It was dismissed as irrelevant, because the minimum wage has never been sufficient to be a living wage, as it was originally intended to be.
It's an attempt to shift goalposts. A tactic you enjoy making use of.
Edit: And just to show I can back my stance up with actual evidence, here's FDR explaining his intent in crafting a minimum wage;
"It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.
“By business I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.”
Both specifies that he meant it to be a living wage, and confirms that his understanding of the term was the same as we use today; the wages of a decent living, not just basic subsistence.
Last edited by Endus; 2021-03-22 at 01:17 AM.
yah but on the flip side there are plenty of people who own cars that are both more expensive than you and higher upkeep. Thus the averages in the numbers quoted.
Like i said i am a prime example of the polar opposite of you that is why we have averages.
If I didn't buy the extended warranty my average would be multiples higher than it is thanks to fords problem with transmissions and suspensions.
I had 2800 dollars worth of work so far in march on suspension, breaks, tires and oil changes. Of course i only paid about 220.00 after the warranty work.
Already had 3 transmissions since 2017-2018.
and my car only cost me 12k. 16k with warranty. 18k with taxes. 20k with interest. (350 dollars a year on taxes also added to cost of ownership you probably don't have)
I've only owned it for 4 years in may.
so now put us two together and we can probably inch closer to that original # quoted.
Buh Byeeeeeeeeeeee !!
Then, why start now?
By your own calculator, it's not $15 an hour.
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Nope, I read it.
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yes, plenty of people do own more expensive cars... good for them.
This is supposed to be the bare minimum... the low end.
Liar.
That's a straight-up lie.
Because the minimum wage has never once in its entire history every actually fulfilled what it was expected to achieve. Already explained this.
I'll also note you've completely ignored that argument. Because you aren't actually interested in discussing this. Just shitting on any attempt to bump the minimum wage.By your own calculator, it's not $15 an hour.
Yes, by my preferred standard, $15 is not enough. But if the political capital is there to achieve a $15 minimum wage, that's a hell of a lot closer to my standard than the current minimum wage. So I'll accept that as a practical step forward while continuing to push for even more.
This shouldn't be a difficult concept to grasp.
You would be one to talk. You've lied so many times about what I've said... including in this thread.
No, it simply hasn't done what YOU WANT IT TO DO.
There's a difference.
Your own calculator for a "living wage" doesn't reflect a baseline of $15 an hour. Don't blame me, blame the guy who provided your source.
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You mean the cost of living that says one should expect to pay $920 a month for transportation on the very low end?
By all means, point out any one single lie I've made.
Note that pointing out your inconsistencies in ways that challenge your self-image doesn't count as a "lie", just a truth you don't like hearing.
Again, a lie.No, it simply hasn't done what YOU WANT IT TO DO.
There's a difference.
The opinion I cited there was not mine. It was the opinion of the man who instituted it.
And now you're lying about my position. I never claimed $15 was a living wage. I said I support it because it's closer to a minimum wage, but not sufficient to meet that expectation.Your own calculator for a "living wage" doesn't reflect a baseline of $15 an hour. Don't blame me, blame the guy who provided your source.
False.
https://www.mmo-champion.com/threads...1#post53087047
https://www.mmo-champion.com/threads...1#post53087074
https://www.mmo-champion.com/threads...1#post53087088
https://www.mmo-champion.com/threads...1#post53087097
You are lying about that. You claim to support them, but you don't support them having the legal capacity to actually bargain or protect workers. Which means you don't support them. And when challenged on this, you went down a spiral of shifting goalposts until you started expected consumers to step in, which means you weren't even talking about trade unions any more at all.
I wasn't lying about a thing. Just pointing out that your position was a house of cards built on a sand dune in a windstorm. It falls apart immediately when you poke at it.
It's like saying "I support black people, but if cops need to shoot them proactively to feel safe and frame them for drug use to keep the streets safe, so be it". You immediately prove the original statement of support false by everything that comes after.