New York minimum wage rates are going up :-\

[nageov3t]

Originally posted by: Amused

Originally posted by: K1052

Originally posted by: loki8481
they've increased wages in other states without a) the world ending, and b) much of the cost being passed down to the consumer.

we'll be fine.

Bwaahahahahahah

That has to be funniest and most naïve post I've read all morning.

Same here. I wonder who he thinks is paying for it?

what's naive about it? recent other state increases in minimum wage were not accompanied by widespread layoffs of minimum wage jobs and dramatic cost of living increases. even with the proposed NY raise, it's not as if it's even keeping up with inflation.

 

[poopaskoopa]

Originally posted by: HeroOfPellinor

Originally posted by: loki8481
they've increased wages in other states without a) the world ending, and b) much of the cost being passed down to the consumer.

we'll be fine.

George Bush has been President for 4 years without a) the world ending.

Your expectation is too low.

 

[SunnyD]

Yay, my rent will now go up... as will my grocery bill, and electric, and other utilities, and gas, other commodity goods...

It won't happen right away, but inflation spawns this type of increase, which begets more inflation.

 

[Amused]

Originally posted by: loki8481

Originally posted by: Amused

Originally posted by: K1052

Originally posted by: loki8481
they've increased wages in other states without a) the world ending, and b) much of the cost being passed down to the consumer.

we'll be fine.

Bwaahahahahahah

That has to be funniest and most naïve post I've read all morning.

Same here. I wonder who he thinks is paying for it?

what's naive about it? recent other state increases in minimum wage were not accompanied by widespread layoffs of minimum wage jobs and dramatic cost of living increases. even with the proposed NY raise, it's not as if it's even keeping up with inflation.

So you honestly think employers simply eat the cost? You honestly think it doesn't drive up wages across the board? As an employer, I can simply tell you how wrong you are, but I'd like if you could see it for yourself.

LOOK at the map Rossman posted. Notice that all the states with higher than fed minimum wages are also the most expensive states in the country to live in. It's a vicious cycle of inflation.

 

[OrganizedChaos]

minimum wage laws are feel good legislation. its easy enough to lay people off to balence the budget.

 

[Sysbuilder05]

Basic economics says if you put more money into the pockets of consumers, but accomplish putting it there only by forcing their places or work to charge more, then those same businesses are going to raise prices to compensate for the additional costs.

Ripple effect sucks for those of us that worked our way up past minimum wage and will now see no increase.[/quote]

Thats the BS Republicans want you to believe so big Corporations will keep filling their pots with boatloads of re-election cash for keeping workers at slave wages.

Under Clinton minimum wage went up several times,do you remember a big Mac going WAY up?!?!? In fact the economy was so damn strong under Clinton that poor ole' Mikey D's around here had to start workers out at $7.00 per hour in 97 or 98 just to find someone,anyone that would work there.

Of course all thats changed now....

 

[SunnyD]

Originally posted by: Amused
So you honestly think employers simply eat the cost? You honestly think it doesn't drive up wages across the board? As an employer, I can simply tell you how wrong you are, but I'd like if you could see it for yourself.

LOOK at the map Rossman posted. Notice that all the states with higher than fed minimum wages are also the most expensive states in the country to live in. It's a vicious cycle of inflation.

This is why the US Dollar is worth about a fraction of a penny of what it was worth in the 1800's folks...

QUALITY OVER QUANTITY. I'd rather have a dollar that could buy a lot of things rather than a lot of dollars which can only buy a few things.

This site is pretty cool to illustrate it.

 

[Sysbuilder05]

Originally posted by: Babbles

Originally posted by: woowoo
They need to reform the waiter/waitress laws.
Those folks get screwd

Hell my brother is a waiter and there were times he made more money than I did working full time.

Well....you better be good and pray a bunch of cheap asses don't come in. In Kansas the State minimum wage for waiters/waitress is $2.65 per hour. Many don't get to work full time,more like 30 hrs so they don't have to pay benifits.

So...you make $80.00 per week in wages,you better be making another $400.00 a week in tips or you'll starve to death.

 

[Sysbuilder05]

Originally posted by: SunnyD
Yay, my rent will now go up... as will my grocery bill, and electric, and other utilities, and gas, other commodity goods...

It won't happen right away, but inflation spawns this type of increase, which begets more inflation.

Bullshit pal,Republican doublespeak. If thats the case then you should never get a raise where you work either or THEY'LL have to raise their prices. Plan on working the job your at for the same wages until you retire??

 

[Sysbuilder05]

Originally posted by: Babbles

Originally posted by: woowoo
They need to reform the waiter/waitress laws.
Those folks get screwd

Hell my brother is a waiter and there were times he made more money than I did working full time.

Sure,and I know of waitress around here that work two jobs just to stay alive.

 

[nageov3t]

Originally posted by: Amused

Originally posted by: loki8481

Originally posted by: Amused

Originally posted by: K1052

Originally posted by: loki8481
they've increased wages in other states without a) the world ending, and b) much of the cost being passed down to the consumer.

we'll be fine.

Bwaahahahahahah

That has to be funniest and most naïve post I've read all morning.

Same here. I wonder who he thinks is paying for it?

what's naive about it? recent other state increases in minimum wage were not accompanied by widespread layoffs of minimum wage jobs and dramatic cost of living increases. even with the proposed NY raise, it's not as if it's even keeping up with inflation.

So you honestly think employers simply eat the cost? You honestly think it doesn't drive up wages across the board? As an employer, I can simply tell you how wrong you are, but I'd like if you could see it for yourself.

LOOK at the map Rossman posted. Notice that all the states with higher than fed minimum wages are also the most expensive states in the country to live in. It's a vicious cycle of inflation.

we've already seen it not happen in several states that have higher-than-average minimum wages without rediculously high cost of living expenses (Washington and Alaska, for example). the high costs of living in NYC and Cali has little to do with minimum wage.

I think the relationship between minimum wage and cost of living is reversed... because states have such high costs of living, they need a higher minimum wage than is needed in, say, Alabama.

 

[SunnyD]

Originally posted by: Sysbuilder05

Originally posted by: SunnyD
Yay, my rent will now go up... as will my grocery bill, and electric, and other utilities, and gas, other commodity goods...

It won't happen right away, but inflation spawns this type of increase, which begets more inflation.

Bullshit pal,Republican doublespeak. If thats the case then you should never get a raise where you work either or THEY'LL have to raise their prices. Plan on working the job your at for the same wages until you retire??

As long as it doesn't cost me anymore to live until I retire. I would be 100% satisfied with my current salary.

And if you want to call BS - why is it that given all the technological advancements in industry over the last 200 years that (for example) for $1.49 I am now getting a 4oz to 5.5oz bag of potatochips while 15 years ago I could pay $0.99 for a 7.5oz bag by the same manyfacturer?

 

[MrChad]

Originally posted by: Sysbuilder05

Originally posted by: SunnyD
Yay, my rent will now go up... as will my grocery bill, and electric, and other utilities, and gas, other commodity goods...

It won't happen right away, but inflation spawns this type of increase, which begets more inflation.

Bullshit pal,Republican doublespeak. If thats the case then you should never get a raise where you work either or THEY'LL have to raise their prices. Plan on working the job your at for the same wages until you retire??

Take your political attacks back to P&N. Even if you support the minimum wage, don't be naive enough to believe that raising it doesn't lead to a rise in inflation rates.

 

[MrChad]

Originally posted by: loki8481
we've already seen it not happen in several states that have higher-than-average minimum wages without rediculously high cost of living expenses (Washington and Alaska, for example). the high costs of living in NYC and Cali has little to do with minimum wage.

I think the relationship between minimum wage and cost of living is reversed... because states have such high costs of living, they need a higher minimum wage than is needed in, say, Alabama.

That's certainly the political motivation for raising the minimum wage. But that's precisely the vicious cycle that Amused is referring to. Raising the minimum wage raises costs for employers, which leads to unemployment and higher prices.

The other danger that is unique to state raises in minimum wages (as opposed to federal), is that now NY businesses have a tougher time competing with businesses in nearby states such as NJ, who will be able to provide the same goods and services as their NY counterparts for less money.

 

[elanarchist]

Originally posted by: CPA

Originally posted by: elanarchist
Bleh - California has had a minimum wage of 6.75 for a long time now and I having lived in both New York (not in NYC) and Cali I really didn't notice a significant difference in prices for everyday things. Actually, with all of the worker's comp costs and other stuff Cali forces onto employers for the benefit of the state's worse off employees I'm surprised that there really isn't a difference big enough to really notice. Must be all the illegal immigrants for which mimimum wage and whatnot doesn't apply.

Are you kidding me? Cali and New York have some of the highest costs of living in the country. Try comparing Cali to, say Texas or Florida.

You missed my point. Even with all of the expensive California labor laws (minimum wage, etc), New York without the heightened minimum wage is still comparable to the prices in Cali. And I wasn't talking about NYC - this is with regards to upstate NY. NYC is not comparable because it has the highest cost of living in the entire US. What's my rationale? Well, a combo at Wendy's in both upstate NY and Cali will set you back about $5, a nice sitdown meal ~$15, haircut ~$14, and so on.

 

[Sysbuilder05]

Take your political attacks back to P&N. Even if you support the minimum wage, don't be naive enough to believe that raising it doesn't lead to a rise in inflation rates.[/quote]

Show me ANY PROOF of signifigant rises in inflation during the Clinton years. He raised minimum wage two or three times,last time was in 97. Of course you couldn't show me any during a Republican administration,they NEVER raise the minimum wage unless a gun is put to their head.

During Clintons two terms we had the strongest economy,lowest unemployment and normal inflation. So...why didn't prices go through the roof because of those MW increases? Huh...people wonder why Republicans hate Clinton? He accomplished those things and BALANCED THE BUDGET.

BTW,where's the inflationary "raise outrage" when it comes to Congress?? Isn't giving those fools a big raise inflationary?? Well whata ya know,they just voted themselves another raise for next year. How does $4,000 per year MORE sound?? Works out to $1.92 per hour increase based on 40 hours.

Congressional pay raises:

From 136,700 in 1997 to 141,300 in 2000

$3800.00 in 2001
$4900.00 in 2002
$5100.00 in 2003
$4000.00 in 2005

Makes for a wage increase of $22,400 since 1997 which was the last minimum wage increase year. That works out to a wage increase of $10.76 per hour since 97 while minimum wage workers got ZERO,and thats coupled with the free Nationalized Health care that they claim the Government can't afford...well,except for them.

 

[Amused]

Originally posted by: Sysbuilder05

During Clintons two terms we had the strongest economy,lowest unemployment and normal inflation. So...why didn't prices go through the roof because of those MW increases? Huh...people wonder why Republicans hate Clinton? He accomplished those things and BALANCED THE BUDGET.

He also left us with a nasty recession. Or do you like to forget that?

What is "normal" inflation? What would the inflation rate have been had minimum wage not been increased?

And I ask again, who do you think pays for increased minimum wage? Do you honestly think employers eat the cost? As a business owner who is in touch with a lot of other owners, I can say I know of NO, NONE, NADA owners who do not raise prices and/or lay off employees when minimum wage is increased.

 

[BatmanNate]

It's already 7.15 here. Maybe higher.

 

[Train]

Originally posted by: Sysbuilder05

Take your political attacks back to P&N. Even if you support the minimum wage, don't be naive enough to believe that raising it doesn't lead to a rise in inflation rates.

Show me ANY PROOF of signifigant rises in inflation during the Clinton years. He raised minimum wage two or three times,last time was in 97. Of course you couldn't show me any during a Republican administration,they NEVER raise the minimum wage unless a gun is put to their head.

During Clintons two terms we had the strongest economy,lowest unemployment and normal inflation. So...why didn't prices go through the roof because of those MW increases? Huh...people wonder why Republicans hate Clinton? He accomplished those things and BALANCED THE BUDGET.

BTW,where's the inflationary "raise outrage" when it comes to Congress?? Isn't giving those fools a big raise inflationary?? Well whata ya know,they just voted themselves another raise for next year. How does $4,000 per year MORE sound?? Works out to $1.92 per hour increase based on 40 hours.

Congressional pay raises:

From 136,700 in 1997 to 141,300 in 2000

$3800.00 in 2001
$4900.00 in 2002
$5100.00 in 2003
$4000.00 in 2005

Makes for a wage increase of $22,400 since 1997 which was the last minimum wage increase year. That works out to a wage increase of $10.76 per hour since 97 while minimum wage workers got ZERO,and thats coupled with the free Nationalized Health care that they claim the Government can't afford...well,except for them.
[/quote]ya and all Clintons changes took effect overnight right? It takes years for these changes to set in, hence the recession that we were sinking into as Clinton left office.

 

Mentioning the clinton administration as a good example of a great economy is funny.
The economy was artifically inflated and doing a good job during the clinton years because of the dot com/internet boom.

 

[BigJ]

Originally posted by: SampSon
Mentioning the clinton administration as a good example of a great economy is funny.
The economy was artifically inflated and doing a good job during the clinton years because of the dot com/internet boom.

Shhh. Your rational thoughts have no place in such a conversation!

 

[lobadobadingdong]

Originally posted by: Amused

Originally posted by: BentValve

Originally posted by: DougK62

Originally posted by: lobadobadingdong

Originally posted by: woowoo
They need to reform the waiter/waitress laws.
Those folks get screwd

you must be joking, my sister makes more as a waitress at her local Cotton Patch (like a suped up Grandy's) than I make as a field engineer.

Yeah - a waitress I know makes awesome money. And she isn't even very pretty.

?? WTF do looks have anything to do with tips?

Not all waitresses and waiters work in upper class white neighborhoods or work in a restaurant that serves liquor to soften the senses when it comes time to reach for the wallet.

Actually, waitresses in backwoods diners often make the best tips. It's well known that the best tippers are NOT rich folks. In fact, the higher the success, the lower the tip... on average.

actually she works in the middle of the DFW metroplex somewhere near bedford, not rich, but far from backwoods.

 

[Ns1]

Well it will allow those who are making minimum wage to be able to afford more. I'm no economist but it seems logical that if joe minimum wage worker is earning more money he'll be able to spend more money. However it'll be limited by the fact that in order to finance the wage increase, prices have to go up.

Actually, strictly in terms of economic theory...

by raising the minimum wage rate, more people want to work. however, because the wage rate is higher, less jobs are avail. the result is a surpllus of labor.

so sure, everybody might be getting paid a little bit more, but there are more people w/o jobs.

don't you people take econ in HS/college?

 

[Vette73]

Originally posted by: NeuroSynapsis

Well it will allow those who are making minimum wage to be able to afford more. I'm no economist but it seems logical that if joe minimum wage worker is earning more money he'll be able to spend more money. However it'll be limited by the fact that in order to finance the wage increase, prices have to go up.

Actually, strictly in terms of economic theory...

by raising the minimum wage rate, more people want to work. however, because the wage rate is higher, less jobs are avail. the result is a surpllus of labor.

so sure, everybody might be getting paid a little bit more, but there are more people w/o jobs.

don't you people take econ in HS/college?

And if you completed your little statement...

More money on market, people buy more, so business's need to add more people to handle extra customers.

 

[AFB]

Originally posted by: HeroOfPellinor

Originally posted by: loki8481
they've increased wages in other states without a) the world ending, and b) much of the cost being passed down to the consumer.

we'll be fine.

George Bush has been President for 4 years without a) the world ending, and b) much of the cost being passed down to the consumer therefore George Bush is not a bad thing. Pass it along.

Nor have the "terrorists" destoyed the world.