Yes. Federal minimum wage was designed to be set at a livable wage for the poorest states. States with higher costs of living are supposed to raise their minimum wage above the poverty line for their state.
I’m in NY. A higher federal minimum wage would actually benefit me, because we would see less of a hike in essential goods and services. An increase to $17/hr is only $0.50 more than the current state minimum wage. It’s the poor states and older people that suffer when the minimum wage is too high.
The increased price of goods drives people to corporations over private businesses. The private businesses can’t afford the higher payroll, resulting in layoffs. Those businesses fold, and the previous employees go to the corporations for minimum wage jobs. They inevitability end up on SNAP or other federal assistance while working full time once inflation sets in.
Older people nearing retirement may be forced to work for longer, because their target retirement savings is no longer sufficient. Social Security payments are adjusted for inflation at 2.5%, which is dwarfed by sizable increases in the minimum wage.
Again, as I said above, I’m all for a livable wage across our nation. I’m saying that adjusting the minimum wage is not the only lever that needs to be pulled to make that happen, and brining it up too high too quickly can actually be worse for poor areas than better.
That depends on the position and location. I believe it should be enough to satisfy the cost of living in your area, provided you work full-time, if that’s what you’re getting at.
That depends on the position and location. I believe it should be enough to satisfy the cost of living in your area, provided you work full-time, if that’s what you’re getting at.
And I live in a red state, so getting there won’t happen without an increase in the national minimum wage.
Until then, I would like to know how little per hour you think my life is worth. And if that is a positive number.
Why must you make everything about oppression without even an attempt at understanding my point? Your victim mentality will get you nowhere in life.
Take a minute to read the countless examples I’ve taken the time to write to answer your questions and you’ll see my point is in defense of states with a lower cost of living. I would benefit more from a higher minimum wage than $17/hr, at the cost of lower income states.
I’m in support of an increase to the federal minimum wage. I simply said it should not be above the national median income, but above the poverty line of the states with the lowest cost of living, and should be done in conjunction with other systemic changes to ensure a stabile living wage.
I’ve survived the last 25 years by living in shit poor neighborhoods and commuting to work in wealthy areas of the city. It’s far from ideal, and I’ve barely saved 1/10 of what I’d need to retire.
I’m in complete agreement that our system is fucked.
That’s because you keep writing minimum wage as if there’s one. The federal minimum wage, which is what we’re talking about, is designed to keep the states with the lowest cost of living at a livable wage. States have their own minimum wage that should be adjusted to the cost of living in their respective states.
For example, the federal minimum wage is currently $7.25/hr. NY state minimum wage is $16.50/hr.
At this point I can’t understand if you’re being willfully ignorant of the fact that is the minimum wage in America, under the flsa law, or you need to get your money back for that economics class.
Because federal is the floor all the states need to be at or above. Or because states are just arbitrary boundaries in the nation.
Why are you so against anything other than it should barely be above the worst state(s)?
And if for a living wage you wouldn’t be saying 17 since that’s still too low in your example of Arkansas
https://livingwage.mit.edu/states/05
Yes. Federal minimum wage was designed to be set at a livable wage for the poorest states. States with higher costs of living are supposed to raise their minimum wage above the poverty line for their state.
I’m in NY. A higher federal minimum wage would actually benefit me, because we would see less of a hike in essential goods and services. An increase to $17/hr is only $0.50 more than the current state minimum wage. It’s the poor states and older people that suffer when the minimum wage is too high.
The increased price of goods drives people to corporations over private businesses. The private businesses can’t afford the higher payroll, resulting in layoffs. Those businesses fold, and the previous employees go to the corporations for minimum wage jobs. They inevitability end up on SNAP or other federal assistance while working full time once inflation sets in.
Older people nearing retirement may be forced to work for longer, because their target retirement savings is no longer sufficient. Social Security payments are adjusted for inflation at 2.5%, which is dwarfed by sizable increases in the minimum wage.
Again, as I said above, I’m all for a livable wage across our nation. I’m saying that adjusting the minimum wage is not the only lever that needs to be pulled to make that happen, and brining it up too high too quickly can actually be worse for poor areas than better.
Us hayseeds just wouldn’t know what to do with human levels of money.
Don’t project your self-deprecation on others. It’s whiny and pathetic.
How little do you think I should be paid, at minimum?
Is it greater than zero?
That depends on the position and location. I believe it should be enough to satisfy the cost of living in your area, provided you work full-time, if that’s what you’re getting at.
And I live in a red state, so getting there won’t happen without an increase in the national minimum wage.
Until then, I would like to know how little per hour you think my life is worth. And if that is a positive number.
Why must you make everything about oppression without even an attempt at understanding my point? Your victim mentality will get you nowhere in life.
Take a minute to read the countless examples I’ve taken the time to write to answer your questions and you’ll see my point is in defense of states with a lower cost of living. I would benefit more from a higher minimum wage than $17/hr, at the cost of lower income states.
I’m in support of an increase to the federal minimum wage. I simply said it should not be above the national median income, but above the poverty line of the states with the lowest cost of living, and should be done in conjunction with other systemic changes to ensure a stabile living wage.
I wish I could live in your world where the corporate jobs paid more to keep people off snap or other assistances.
But again just shows how much our nation is failing us when that is used to prevent helping get people out of poverty.
I’ve survived the last 25 years by living in shit poor neighborhoods and commuting to work in wealthy areas of the city. It’s far from ideal, and I’ve barely saved 1/10 of what I’d need to retire.
I’m in complete agreement that our system is fucked.
Which is why it’s so odd how against you are at actually raising it to a proper level…
I’ve typed it out several times. I hope you don’t mind me linking a more complete explanation.
https://lemmy.world/comment/16409180
Yes I know and they continue to miss the point of the mining wage as the floor for the entire country.
And also ignores every source I’ve brought in…
That’s because you keep writing minimum wage as if there’s one. The federal minimum wage, which is what we’re talking about, is designed to keep the states with the lowest cost of living at a livable wage. States have their own minimum wage that should be adjusted to the cost of living in their respective states.
For example, the federal minimum wage is currently $7.25/hr. NY state minimum wage is $16.50/hr.
https://www.dol.gov/agencies/whd/flsa
https://www.dol.gov/agencies/whd/minimum-wage
At this point I can’t understand if you’re being willfully ignorant of the fact that is the minimum wage in America, under the flsa law, or you need to get your money back for that economics class.