IvanKaramazov
Footballguy
Income support for working families, like the Earned Income Tax Credit for example.Can you elaborate on what is meant by "help"?
Income support for working families, like the Earned Income Tax Credit for example.Can you elaborate on what is meant by "help"?
Do you think there should be a minimum wage at all?I'm own a pre-school that my daughter runs for me. Payroll expenses are 75% of my total expenses. My state recently passed a $15 minimum wage which impacts my business expenses by 25%. So tuition is going up on average $2,000-$3,000 per year per student since I'm unable to cut staff as state dictates pupil to staffing ratios. . This will put extreme pressure on my business and we. along with many pre-schools, might not survive as parents will find alternatives. Some of you will point out that people need a living wage but the vast majority of our staff are made up of high school kids, kids working there way thru college, a retired grandma that loves kids, etc $20 a hour would definitely put us out of business,
Yes - otherwise I believe employers will take advantage of employees especially in a high unemployment scenario. But it needs to be set at something reasonable thus minimizing unintended consequences.Do you think there should be a minimum wage at all?
I'll share a story from when I testified at the state capital regarding the minimum wage. I tried to find a parking spot and drove around for a good 30 minutes before finally parking illegally since my time to testify was coming up. Once in the building I couldn't enter the hearing room since it was over capacity. I asked what are all the people were doing here since only so many can testify and was told the unions bus people and fill up the room so no one else can provide a consenting opinion. Upon leaving the capital I saw a state capital police were ticketing a car and asked if he could cut me a break. He said no and that if I wanted to find parking next time I would need to get there around 5 in the morning since unions have people that take all the public parking spots around the capital to deter people from testifying. In addition, the head of labor committee works for the union and was wearing a fight for $15 pin. Now I know who really controls what happens at my state level which I'm sure similar to other states.I'm own a pre-school that my daughter runs for me. Payroll expenses are 75% of my total expenses. My state recently passed a $15 minimum wage which impacts my business expenses by 25%. So tuition is going up on average $2,000-$3,000 per year per student since I'm unable to cut staff as state dictates pupil to staffing ratios. . This will put extreme pressure on my business and we. along with many pre-schools, might not survive as parents will find alternatives. Some of you will point out that people need a living wage but the vast majority of our staff are made up of high school kids, kids working there way thru college, a retired grandma that loves kids, etc $20 a hour would definitely put us out of business,
Wow.I'll share a story from when I testified at the state capital regarding the minimum wage. I tried to find a parking spot and drove around for a good 30 minutes before finally parking illegally since my time to testify was coming up. Once in the building I couldn't enter the hearing room since it was over capacity. I asked what are all the people were doing here since only so many can testify and was told the unions bus people and fill up the room so no one else can provide a consenting opinion. Upon leaving the capital I saw a state capital police were ticketing a car and asked if he could cut me a break. He said no and that if I wanted to find parking next time I would need to get there around 5 in the morning since unions have people that take all the public parking spots around the capital to deter people from testifying. In addition, the head of labor committee works for the union and was wearing a fight for $15 pin. Now I know who really controls what happens at my state level which I'm sure similar to other states.
Raising the minimum wage to 12 an hour would directly affect 13% of the workforce. So yeah around 2% of the workforce actually are at the minimum wage but the reality is a lot of workers are very close and even a raise to less than 15 would affect literally millions of people.To be clear, I don't care much about the current minimum wage. It doesn't apply to many workers and has very little effect on most labor markets, good or bad. A $15 minimum wage would be a much bigger deal in parts of the country that have a relatively low wage scale, though.
What does it cost for a person to live? Shouldn't a person who works an honest job 40 hours per week be able to sustain? And what does that cost?$20 an hour? That is ridiculous. Hard pass.
That's pretty terrible and undemocratic.I'll share a story from when I testified at the state capital regarding the minimum wage. I tried to find a parking spot and drove around for a good 30 minutes before finally parking illegally since my time to testify was coming up. Once in the building I couldn't enter the hearing room since it was over capacity. I asked what are all the people were doing here since only so many can testify and was told the unions bus people and fill up the room so no one else can provide a consenting opinion. Upon leaving the capital I saw a state capital police were ticketing a car and asked if he could cut me a break. He said no and that if I wanted to find parking next time I would need to get there around 5 in the morning since unions have people that take all the public parking spots around the capital to deter people from testifying. In addition, the head of labor committee works for the union and was wearing a fight for $15 pin. Now I know who really controls what happens at my state level which I'm sure similar to other states.
You do realize that 50% of people have to be below the median, don't you?What does it cost for a person to live? Shouldn't a person who works an honest job 40 hours per week be able to sustain? And what does that cost?
Of course it's different in different places, but I put together a quick budget for a single person and what it would cost to live in an average city...in this case I picked Boise, ID (because I live here) - it's not San Francisco high nor rural Alabama low...
That comes to $3410 per month needed to sustain - or $21.32/hr working 40 hrs per week. What's ridiculous is that we think people can sustain on half that...and then blame them for any of their financial failures moving forward.
- Rent = $1100 - single bedroom apartment. (average in Boise is actually $1133/mo...so it's not like this is an above avg place. Of course you could share a place and save $200ish)
- Utilities = $150 - Gas, Electric, Water, Cable, Trash
- Car= $270 - This is the cost of a 2010 Used Honda Accord from the local Car Max.
- Car Insurance - $100
- Gas- $140
- Health Insurance - $250 - subsidized
- Food - $450 (that's $15 per day)
- Clothing - $100
- Phone - $50
- Entertainment - $300
- Taxes - $100 (this is likely way too low)
- Charity - $100
- Savings/Investments - $300
I'm not sure I understand your question. The median of what specifically are you referring to?You do realize that 50% of people have to be below the median, don't you?
That's so they can go out on the town.Boise sounds pretty cheap on utilities
You do realize that 50% of people have to be below the median, don't you?
I'm not sure I understand your question. The median of what specifically are you referring to?
This is simply not true. Almost the entire food and beverage service industry is built upon it. That’s a Trillion dollar industry with millions of people.To be clear, I don't care much about the current minimum wage. It doesn't apply to many workers and has very little effect on most labor markets, good or bad. A $15 minimum wage would be a much bigger deal in parts of the country that have a relatively low wage scale, though.
It might be a little low on the utilities.That's so they can go out on the town.
Ivan is likely working off info, such as what's presented in this chart. These figures don't cover tipped employees, just hourly.This is simply not true. Almost the entire food and beverage service industry is built upon it. That’s a Trillion dollar industry with millions of people.
When you're trying to show that the minimum wage needs to be higher, it is.It might be a little low on the utilities.
I'm not sure what the issue is with $300/month in entertainment expense. That $75/week...and is for things like sporting events, movies, eating out, going on a date, going skiing in the winter. This is not extravagant living here.
"People should be able to support a family by working at McDonalds" is an argument for providing help for working families, not requiring firms to pay high school kids more for their part-time summer job.
What I'm trying to show is my belief that for a person working an honest job 40 hours a week - they should be able to sustain a lifestyle of modesty and without (much) assistance...and the cost of that in Boise is approx $3400+/month. A one bedroom apartment; a 10 year old car; freedom to go to a movie once in a while; paying their bills and taxes; and saving a little every month for retirement seems pretty reasonable. There's nothing I have that's lavish. This is the the price of living in an average US city.When you're trying to show that the minimum wage needs to be higher, it is.
Not counting the internet (which we need for many other things), our entertainment budget for our family of 4 is about $50/week.It might be a little low on the utilities.
I'm not sure what the issue is with $300/month in entertainment expense. That $75/week...and is for things like sporting events, movies, eating out, going on a date, going skiing in the winter. This is not extravagant living here.
Fine. You guys win. Our hypothetical guy is not allowed to ever have entertainment opportunity. No movies, no dates, no dining out, no sporting events, no gym, no beer, no nothing. And that lowers the monthly cost from $3400 down to $3100 or $19.38 working a 40 hour week. Imagine how much he'd save living in a box under the interstate.Not counting the internet (which we need for many other things), our entertainment budget for our family of 4 is about $50/week.
Telling firms that they have to pay $20 per hour affects a lot more people than just heads-of-households. It also results in firms paying $20/hr to high school kids who would have worked for(and whose labor is probably worth) $10/hr instead, which results in some combination of job losses and higher prices.Forgive my economic ignorance, but lets say the market rate for a cashier at McDonalds is $10 per hour. But it cost $20 per hour to support a family in the area.
What's the argument for having the gov't pay that additional $10 per hour versus having McDonalds do it? I'm like 90% there on this argument, but can you explain it in full?
Thanks.
Fine. You guys win. Our hypothetical guy is not allowed to ever have entertainment opportunity. No movies, no dates, no dining out, no sporting events, no gym, no beer, no nothing. And that lowers the monthly cost from $3400 down to $3100 or $19.38 working a 40 hour week. Imagine how much he'd save living in a box under the interstate.
Not to speak for Ivan, but there are many workers who work, but don't have to support a family/themselves. This could be a high school kid, a retiree who is supplementing social security or a house wife who wants to work for 20 hours a week while the kids are in school. Making their labor cost more hurts the employer more than tax policy that selectively benefits individuals who have to work to support themselves and/or a family.Forgive my economic ignorance, but lets say the market rate for a cashier at McDonalds is $10 per hour. But it cost $20 per hour to support a family in the area.
What's the argument for having the gov't pay that additional $10 per hour versus having McDonalds do it? I'm like 90% there on this argument, but can you explain it in full?
Thanks.
Now put him in a $700 apartment and have him use public transportation.Fine. You guys win. Our hypothetical guy is not allowed to ever have entertainment opportunity. No movies, no dates, no dining out, no sporting events, no gym, no beer, no nothing. And that lowers the monthly cost from $3400 down to $3100 or $19.38 working a 40 hour week. Imagine how much he'd save living in a box under the interstate.
It is getting better in certain circles, but some of the small town business is gone never to come back. The modern economy and businesses like Amazon have put all the local stores out of business. That's not a left or right problem or fault, just now the way of the world. No matter how good our economy gets, those jobs are gone.Best economy ever!
They might want to hold off on having kids, though.What I'm trying to show is my belief that for a person working an honest job 40 hours a week - they should be able to sustain a lifestyle of modesty and without (much) assistance...and the cost of that in Boise is approx $3400+/month. A one bedroom apartment; a 10 year old car; freedom to go to a movie once in a while; paying their bills and taxes; and saving a little every month for retirement seems pretty reasonable. There's nothing I have that's lavish. This is the the price of living in an average US city.
Shouldn't the goal be for all people to work and be able to self-sustain themselves by doing so?
Having owned and operated a restaurant that had a wood-fired show oven where we specialized in pizzas, it’s not as fun as you remember. Lol.I always loved the food business from working in restaurants in HS.. If this ever came to be when I retire I would love to make pizzas at a restaurant for 20 dollars an hour a couple nights a week.
You are probably correct..I worked in an Italian Restaurant and it was not conveyor belts. 2 big pizza ovens upper and lower. At times on a busy Friday night I would have 12 pies going at one time to monitor. Busy all night with dine in, carry out and delivery. Rotating, poking crust, burning my forearms when I touched the oven, I loved it. The time flew by.Having owned and operated a restaurant that had a wood-fired show oven where we specialized in pizzas, it’s not as fun as you remember. Lol.
Why just $20.....let’s do $30!Tlaib wants to skip over 15 and go right to 20.00.
How many small business have CEOs? This what was talked about at the COC meetings. Not talking McDonalds, CVS or Taco Bell but small business in Detroit that have one owner and 1-30 employees that is competing against chains. If you increase their unskilled labor costs by 30-40% they can`t compete.Gotta save that money to pay the CEO!
I was poking fun at the imaginary McDonalds person everyone was taking about. McDonalds CEO makes like 2000x what the average employee makes. That seems broken to me.How many small business have CEOs? This what was talked about at the COC meetings. Not talking McDonalds, CVS or Taco Bell but small business in Detroit that have one owner and 1-30 employees that is competing against chains. If you increase their unskilled labor costs by 30-40% they can`t compete.
I am all for anyone making whatever the market will pay but will jobs and hours be cut in the process?
I don’t disagree that the cost of living has outpaced non-skilled working wages. But you raise minimum wage to $20/hr and you kill small business. Stick a fork in it.What does it cost for a person to live? Shouldn't a person who works an honest job 40 hours per week be able to sustain? And what does that cost?
Of course it's different in different places, but I put together a quick budget for a single person and what it would cost to live in an average city...in this case I picked Boise, ID (because I live here) - it's not San Francisco high nor rural Alabama low...
That comes to $3410 per month needed to sustain - or $21.32/hr working 40 hrs per week. What's ridiculous is that we think people can sustain on half that...and then blame them for any of their financial failures moving forward.
- Rent = $1100 - single bedroom apartment. (average in Boise is actually $1133/mo...so it's not like this is an above avg place. Of course you could share a place and save $200ish)
- Utilities = $150 - Gas, Electric, Water, Cable, Trash
- Car= $270 - This is the cost of a 2010 Used Honda Accord from the local Car Max.
- Car Insurance - $100
- Gas- $140
- Health Insurance - $250 - subsidized
- Food - $450 (that's $15 per day)
- Clothing - $100
- Phone - $50
- Entertainment - $300
- Taxes - $100 (this is likely way too low)
- Charity - $100
- Savings/Investments - $300
The right answer here (IMO) is to raise taxes on the one guy making 50M, not raise the wages of the 10,000 making 20K. One option doesn't hurt the business. One option does.I was poking fun at the imaginary McDonalds person everyone was taking about. McDonalds CEO makes like 2000x what the average employee makes. That seems broken to me.
I don’t expect they are getting $20 bucks an hour.
Living wages is a discussion worth having however. That’s what I think when I hear these first term members of Congress throwing out ideas instead of freaking out that this lady is trying to ruin the country.
Perhaps.The right answer here (IMO) is to raise taxes on the one guy making 50M, not raise the wages of the 10,000 making 20K. One option doesn't hurt the business. One option does.
You know like 80% of mcdonalds are franchises right?I was poking fun at the imaginary McDonalds person everyone was taking about. McDonalds CEO makes like 2000x what the average employee makes. That seems broken to me.
I don’t expect they are getting $20 bucks an hour.
Living wages is a discussion worth having however. That’s what I think when I hear these first term members of Congress throwing out ideas instead of freaking out that this lady is trying to ruin the country.
We love our Mcdonalds in here! That is a good point you made. Perhaps McDonalds could lower their franchise fees to help subsidize. Complicated issue.You know like 80% of mcdonalds are franchises right?
And yet we insist on importing huge amounts of competition for those low wage jobs and then wonder why the cost of living has passed them by.Do we really want a society where a person working 40 hours a week, even if it's at McDonald's, can't come home and take care of their family because they need to work second and third jobs to pay the rent? That's not a characteristic of the "greatest nation on earth", in my opinion.