What happens when your state has the highest minimum wage in the country?

[BlancoNino]

Originally posted by: dmcowen674
Can't take the heat, get out of the kitchen.

If they are barely breaking even then they don't deserve to be in business and the state is doing them and the poor employees a favor having them shut down.

By that logic, you are implying that it is better for employees to have no job than to work for $7.63 an hour.

 

[Whoozyerdaddy]

Originally posted by: ITJunkie

Originally posted by: kingtas
Minimum wage doesn't adversely effect the economy any more then an employer paying you $25 an hour. It all goes back into the economy.

I thought I read recently that a noted economist(s) did research that debunks this whole "minimum wage increases kill jobs" rhetoric. Not sure what the real story is but I imagine it's somewhere in between.
Here's a bloomberg link: Higher Minimum Wage No Longer Seen as Sure-Fire U.S. Job Killer

FWIW

When put into the context that NOBODY makes minimum wage anyway... and that a MW increase affects noone... that's probably true.

 

[BlancoNino]

Originally posted by: Whoozyerdaddy
NOBODY WORKS FOR MINIMUM WAGE.

They do in my state...everywhere. But cost of living is also much much less where I live.

 

[dmcowen674]

Originally posted by: Whoozyerdaddy

Originally posted by: dmcowen674

Originally posted by: Whoozyerdaddy
Who actually makes minimum wage? Even kids won't work for minimum wage. McDonald's doesn't pay MW here. Seems to me the market has set the MW for us.

While that is true, businesses would try and get away with what they can.

For example, states that don't protect food service employees from the Federal wage of $2.13hr, they pay $2.13hr.

How would you like to live on that?

Dave, I run a business. On occasion I have to hire employees. I can NOT hire ANYONE for the minimum wage. ($7.25) I can barely get a sniff for $9/hr and at that I'm scraping the bottom of the workforce barrel. McDonalds pays more than that. Home Depot and Wal-Mart start at $9.65 an hour with scheduled raises, tuition programs, medical and other bennies.

NOBODY WORKS FOR MINIMUM WAGE.

Apparently they do at Blanco's place at it's too high.

 

[dmcowen674]

Originally posted by: BlancoNino

Originally posted by: dmcowen674
Can't take the heat, get out of the kitchen.

If they are barely breaking even then they don't deserve to be in business and the state is doing them and the poor employees a favor having them shut down.

By that logic, you are implying that it is better for employees to have no job than to work for $7.63 an hour.

Yes, your state should be barren waste land if $7.63 is too high.

 

[BlancoNino]

Originally posted by: dmcowen674

Originally posted by: BlancoNino

Originally posted by: dmcowen674
Can't take the heat, get out of the kitchen.

If they are barely breaking even then they don't deserve to be in business and the state is doing them and the poor employees a favor having them shut down.

By that logic, you are implying that it is better for employees to have no job than to work for $7.63 an hour.

Yes, your state should be barren waste land if $7.63 is too high.

So making 0 dollars an hour is better than $7.63 an hour. I'm going to put that in my signature.

 

[dmcowen674]

Originally posted by: BlancoNino

Originally posted by: dmcowen674

Originally posted by: BlancoNino

Originally posted by: dmcowen674
Can't take the heat, get out of the kitchen.

If they are barely breaking even then they don't deserve to be in business and the state is doing them and the poor employees a favor having them shut down.

By that logic, you are implying that it is better for employees to have no job than to work for $7.63 an hour.

Yes, your state should be barren waste land if $7.63 is too high.

So making 0 dollars an hour is better than $7.63 an hour. I'm going to put that in my signature.

Republican montra, can't afford it, move.

So what state are you moving to?

 

[BlancoNino]

Here's an interesting scenario you all should look at.

Lets take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes, but the increased business isn't enough to compensate. He wants to stay in business if he's still making good money...but then another minimum wage increase takes place, and he decides he should just sell the place and retire. Problem is, the bank won't re-lease the building to a new owner because it's a fairly old building. Everyone loses their jobs and starts looking for another minimum wage job.

Isn't that just wonderful?

 

[Pens1566]

Originally posted by: BlancoNino
Here's an interesting scenario you all should look at.

Lets take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes, but the increased business isn't enough to compensate. He wants to stay in business if he's still making good money...but then another minimum wage increase takes place, and he decides he should just sell the place and retire. Problem is, the bank won't re-lease the building to a new owner because it's a fairly old building. Everyone loses their jobs and starts looking for another minimum wage job.

Isn't that just wonderful?

You can do better than that with a "what if" red herring.

 

[BlancoNino]

Originally posted by: Pens1566

Originally posted by: BlancoNino
Here's an interesting scenario you all should look at.

Lets take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes, but the increased business isn't enough to compensate. He wants to stay in business if he's still making good money...but then another minimum wage increase takes place, and he decides he should just sell the place and retire. Problem is, the bank won't re-lease the building to a new owner because it's a fairly old building. Everyone loses their jobs and starts looking for another minimum wage job.

Isn't that just wonderful?

You can do better than that with a "what if" red herring.

Oh is it a what if? IS IT!??!? It's not.

 

[Genx87]

Only solution is to shut down the small locally owned retailers and let Wal-Mart take over.

I think this is the crux of the matter. The same people who cheer for a min wage rate increase to 8 bucks an hour are the first in line to complain all the small business's went out and were replaced by a company who can afford to absorb those kind of cost increases.

In the end the people who were supposed to be helped by this are either out of a job or working for walmart and paying higher costs for product.

 

[Kwaipie]

Let's take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes and by chance, the workers in his neighborhood are minimum wage earners. Now they can afford to go out to lunch once a week. Our owner is slammed with customers at lunch time, he has to hire extra help as well as promote one of his minimum wage earners to supervise the others. Now he's able to afford daycare for his children and his wife enters the workforce.

Damn you minimum wage increases. Damn you.

 

[Pens1566]

Originally posted by: Kwaipie
Let's take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes and by chance, the workers in his neighborhood are minimum wage earners. Now they can afford to go out to lunch once a week. Our owner is slammed with customers at lunch time, he has to hire extra help as well as promote one of his minimum wage earners to supervise the others. Now he's able to afford daycare for his children and his wife enters the workforce.

Damn you minimum wage increases. Damn you.

A just as likely "what if".

 

[Genx87]

Originally posted by: Kwaipie
Let's take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes and by chance, the workers in his neighborhood are minimum wage earners. Now they can afford to go out to lunch once a week. Our owner is slammed with customers at lunch time, he has to hire extra help as well as promote one of his minimum wage earners to supervise the others. Now he's able to afford daycare for his children and his wife enters the workforce.

Damn you minimum wage increases. Damn you.

Dream on, less than 2% of the working force works for min wage. Of those the majority or restaurant workers(tips) or kids(live at home).

 

[dmcowen674]

Originally posted by: BlancoNino
Here's an interesting scenario you all should look at.

Lets take an owner of a restaurant. He's making decent money, but not a ton. He can afford a couple of minimum wage hikes, but the increased business isn't enough to compensate. He wants to stay in business if he's still making good money...but then another minimum wage increase takes place, and he decides he should just sell the place and retire.

Problem is, the bank won't re-lease the building to a new owner because it's a fairly old building.

Everyone loses their jobs and starts looking for another minimum wage job.

Isn't that just wonderful?

Good, the bank shouldn't give out the money if the building is decreped because the previous owner put all the money in his pocket instead of a proper amount to maintain the building and take care of his employees like he should.

Level the building and move to another state where there is viable and proper business owners.

 

[Craig234]

Whooz wrote:

NOBODY WORKS FOR MINIMUM WAGE.

The facts:

An estimated 14.9 million workers (11% of the workforce) would benefit from an increase in the federal minimum wage to $7.25 by 2008. Of these workers, 6.6 million would be directly affected and 8.3 million would indirectly receive raises due to the spillover effect of a minimum wage increase. Of the total affected workers, 80% are adults and 59% are women. Over half (54%) work full time and another third (30%) work between 20 and 34 hours per week. More than one-quarter (26%) of the workers who would benefit from an increase to $7.25 are parents of children under age 18, including 1,395,000 single parents. The average minimum wage worker brings home over half (58%) of his or her family's weekly earnings.

Link

 

[dmcowen674]

Originally posted by: Craig234
Whooz wrote:

NOBODY WORKS FOR MINIMUM WAGE.

The facts:

An estimated 14.9 million workers (11% of the workforce) would benefit from an increase in the federal minimum wage to $7.25 by 2008. Of these workers, 6.6 million would be directly affected and 8.3 million would indirectly receive raises due to the spillover effect of a minimum wage increase. Of the total affected workers, 80% are adults and 59% are women. Over half (54%) work full time and another third (30%) work between 20 and 34 hours per week. More than one-quarter (26%) of the workers who would benefit from an increase to $7.25 are parents of children under age 18, including 1,395,000 single parents. The average minimum wage worker brings home over half (58%) of his or her family's weekly earnings.

Link

So who is lying, the facts or the P&n Experts? Both can't be right.

 

[Schadenfroh]

Originally posted by: BlancoNino

Originally posted by: Whoozyerdaddy
NOBODY WORKS FOR MINIMUM WAGE.

They do in my state...everywhere. But cost of living is also much much less where I live.

Same thing where I live.

 

[BoomerD]

Originally posted by: dmcowen674

Originally posted by: Craig234
Whooz wrote:

NOBODY WORKS FOR MINIMUM WAGE.

The facts:

An estimated 14.9 million workers (11% of the workforce) would benefit from an increase in the federal minimum wage to $7.25 by 2008. Of these workers, 6.6 million would be directly affected and 8.3 million would indirectly receive raises due to the spillover effect of a minimum wage increase. Of the total affected workers, 80% are adults and 59% are women. Over half (54%) work full time and another third (30%) work between 20 and 34 hours per week. More than one-quarter (26%) of the workers who would benefit from an increase to $7.25 are parents of children under age 18, including 1,395,000 single parents. The average minimum wage worker brings home over half (58%) of his or her family's weekly earnings.

Link

So who is lying, the facts or the P&n Experts? Both can't be right.

Dave, Craig...You both KNOW you're not allowed to confuse the issue with FACTS!

EVERYONE will be hurt badly if their McBurger goes up in price by a nickle..:roll:

 

[lyssword]

BlancoNino, so do you work for minimum wage?..... Thats what I thought..

 

[dmcowen674]

Originally posted by: lyssword
BlancoNino, so do you work for minimum wage?..... Thats what I thought..

No, he manages minimum wage employees at a dinner that the owner says it's about to go under because paying the low wage scum is too high.

I feel sorry for those employees but they will be better off when that place closes up.

 

[WhipperSnapper]

Originally posted by: BlancoNino

$7.93 cents an hour? What about businesses that are barely breaking even? Where will the extra money come from?

I wonder how they settled on the 93 cents part. Come one. I can see .90 or .95 or just a plain $8.00, but why .93?

 

[WhipperSnapper]

Originally posted by: Whoozyerdaddy

Dave, I run a business. On occasion I have to hire employees. I can NOT hire ANYONE for the minimum wage. ($7.25) I can barely get a sniff for $9/hr and at that I'm scraping the bottom of the workforce barrel. McDonalds pays more than that. Home Depot and Wal-Mart start at $9.65 an hour with scheduled raises, tuition programs, medical and other bennies.

So, what do you do? Do you hire the bottom of the barrel employees or do you pay more than $9/hour? In your business is it better to pay more for a higher quality employee and do you find that paying is worthwhile and ultimately more profitable?

 

[ProfJohn]

I am going to change my name to "Truthfinder"

Originally posted by: Craig234
Whooz wrote:

NOBODY WORKS FOR MINIMUM WAGE.

The facts:

An estimated 14.9 million workers (11% of the workforce) would benefit from an increase in the federal minimum wage to $7.25 by 2008. Of these workers, 6.6 million would be directly affected and 8.3 million would indirectly receive raises due to the spillover effect of a minimum wage increase. Of the total affected workers, 80% are adults and 59% are women. Over half (54%) work full time and another third (30%) work between 20 and 34 hours per week. More than one-quarter (26%) of the workers who would benefit from an increase to $7.25 are parents of children under age 18, including 1,395,000 single parents. The average minimum wage worker brings home over half (58%) of his or her family's weekly earnings.

Link

You data comes from an organization that is run "largely" by labor union officials.
It was established by a "who's who" of liberal economists and writers.
1. Lester Thurow "a longtime advocate of a Japanese and European type system with greater government intervention in the economy"
2. Robert Reich, former Clinton appointee
3. Ray Marshall, Jimmy Carter appointee who "As Secretary of Labor, he expanded public service and job training programs, as a part of Carter's economic stimulus program."
4. Robert Kuttner is the co-founder and current editor-in-chief of The American Prospect, which was created in 1990 as "an authoritative magazine of liberal ideas," according to its mission statement.
5. and current president Lawrence Mishel who seems to only be famous for being the president of that group

I would not call the group above the best source of non-partisan information about minimum wage and its impact on the American people.

Notice the "8.3 million indirectly" effected would be labor union members, and since this group is run mainly by labor unions they have a vested interest in making American think that raising the minimum wage is a good thing.
EPI info

Here is some information straight from the government.

According to Current Population Survey estimates for 2005, 75.6 million American workers were paid at hourly rates, representing 60.1 percent of all wage and salary workers.1 Of those paid by the hour, 479,000 were reported as earning exactly $5.15, the prevailing Federal minimum wage. Another 1.4 million were reported as earning wages below the minimum.2 Together, these 1.9 million workers with wages at or below the minimum made up 2.5 percent of all hourly-paid workers.

and

Minimum wage workers tend to be young. About half of workers earning $5.15 or less were under age 25, and about one-fourth of workers earning at or below the minimum wage were age 16-19. Among employed teenagers, about 9 percent earned $5.15 or less. About 2 percent of workers age 25 and over earned the minimum wage or less. Among those age 65 and over, the proportion was about 3 percent. (See table 1 and table 7.)

About 3 percent of women paid hourly rates reported wages at or below the prevailing Federal minimum, compared with under 2 percent of men. (See table 1.)

Less than 3 percent of white hourly-paid workers earned $5.15 or less. Among black, Asian, and Hispanic hourly-paid workers, about 2 percent earned the Federal minimum wage or less. For whites and Hispanics, women were twice as likely as men to earn $5.15 or less. (See table 1.)

Never-married workers, who tend to be young, were more likely to earn the minimum wage or less than married workers. (See table 8.)

Among hourly-paid workers age 16 and over, 2 percent of those who had a high school diploma but had not gone on to college earned the minimum wage or less. (See table 6.)

Part-time workers (persons who usually work less than 35 hours per week) were more likely than their full-time counterparts to be paid $5.15 or less (about 6 percent versus 1 percent). (See table 1 and table 9.)

By occupational group, the highest proportion of workers earning at or below the Federal minimum wage occurred in service occupations, at about 8 percent. About three in four workers earning $5.15 or less in 2005 were employed in service occupations, mostly in food preparation and service jobs. The proportion of hourly-paid workers whose earnings were reported at or below $5.15 was lowest for persons employed in management, professional, and related occupations and natural resources, construction, and maintenance occupations (less than 1 percent for both). (See table 4.)

The industry with the highest proportion of workers with reported hourly wages at or below $5.15 was leisure and hospitality (about 14 percent). About three-fifths of all workers paid at or below the Federal minimum wage were employed in this industry, primarily in the food services and drinking places component. For many of these workers, tips and commissions supplement the hourly wages received

So only 2.5% of hourly worked are at or below minimum wage, and hourly workers are 60% of ALL workers. Therefore, less than 2% of all working Americans make minimum wage.

I can attest to the tips statement above. I worked for 6 years at less than $5.15 an hour in actual pay, but due to tips I averaged over $15 an hour.
U.S. Department of Labor

 

[ProfJohn]

Originally posted by: dmcowen674

Originally posted by: Craig234
Whooz wrote:

NOBODY WORKS FOR MINIMUM WAGE.

The facts:

An estimated 14.9 million workers (11% of the workforce) would benefit from an increase in the federal minimum wage to $7.25 by 2008. Of these workers, 6.6 million would be directly affected and 8.3 million would indirectly receive raises due to the spillover effect of a minimum wage increase. Of the total affected workers, 80% are adults and 59% are women. Over half (54%) work full time and another third (30%) work between 20 and 34 hours per week. More than one-quarter (26%) of the workers who would benefit from an increase to $7.25 are parents of children under age 18, including 1,395,000 single parents. The average minimum wage worker brings home over half (58%) of his or her family's weekly earnings.

Link

So who is lying, the facts or the P&n Experts? Both can't be right.

The facts, as evident in my post

BTW: I don't claim that Craig is a liar, he just posted information for a web site whose main goal is to raise the minimum wage and therefore tilted the figures to fit their stated goal.