Jump to content

Recommended Posts

  • Replies 75
  • Created
  • Last Reply

Top Posters In This Topic

Top Posters In This Topic

Posted Images

Posted

Given the level of economic literacy that prevails in Seattle, I would be astonished if this proposition doesn't receive widespread support.

 

However, if it's appropriate to determine wages by popular vote, rather than by the economic value that a given individual is capable of generating with the skills, training, equipment, etc that he has at his disposal, in conjunction with the effective demand for whatever it is that he's producing - then I am not sure why a minimum wage of $17 per hour is any less unreasonable than $100 per hour. Utopia is just a city-council vote away....

 

I actually hope whoever it is that proposed this gets elected and his or her suggestion is implemented - it'd be a great lesson in applied economics.

Posted

Who needs a minimum wage at all?

 

In a free-market system, wage should be entirely determined by those with the jobs to give. Why should the government be stepping on the businessman's toes?

 

I'm tired of paying my guys 7.60 an hour, when I know very well that they would work for 4.00 an hour because they need the work.

 

Again, the government stepping in with their do-good liberal ideas, and taking money out of my pocket.

I'm sick of it, as should be any freedom loving american.

 

The free-market has proven itself capable of providing for the people, nay, the free-market has proven itself able to provide the LEVEL PLAYING FIELD so the people can take care of themselves!, so let's let it do its job.

Posted

I am not a proponent of unfettered free-market capitalism as it is being practiced globally and locally by the powers that be. My above comments were (almost) entirely facetious.

 

As to your question: Unemployment figures are a misleading indicator of quality of life. 0% unemployment would NOT necessarily be indicative of an optimal socio-economic condition (although it would be great propaganda for those benefitting most from the current "system").

Posted

"...live on $4 an hour in the Seattle area."

An impossibility for a Seattleite.

Seattleite: one grande latte w/ flavor per hour.

One grande latte w/ flavor: $3.50

With mandatory liberal Seattle tip: $4.00

 

Nope, you just can't live off $4/hour in Seattle.

Posted

Yeah man, fuck the minimum wage! The people who WORK in Seattle don't necessarily have to LIVE in Seattle! Hell, we can just truck the janitors, food-service workers, greenskeepers, etc. into our air-conditioned domed campuses (where the real wealth of society is created!) on steerage containers from E. Washington! Better yet, they can just live in the mobile containers and be trucked from place to place to work as the market demands! Yeah, cuz they don't like have any marketable skills anyway so FUCK THEM!

Posted

Hey I think you might be missing the point here. People speak of naiveties like "structural unemployment" and "strucural underemployment"; hah, what a load of crap.

All you have to do is better your skill-set and get out there and get to work.

 

Because I guarantee you that once everyone has the adequate training, education, etc., then EVERYONE will have a well-paying job. That's the way it works in a free-market system.

Posted

While I agree with your point that unemployment is inevitable and even desirable in capitalist economies, it seems to me that the point of raising mininmum wage in Seattle has less to do with full, un, or underemployment than the realities of urban geography in the context of a highly stratified labor market. A large number of people that can't afford to live in the places they work.

Posted

We're looking at the wrong side of things. What we need to do, is REDUCE the MAXIMUM wage. Stop letting execs pay themselves millions, and force companies to divert profits back to the workers.

 

That way exploiting the worker = paying them more.

Posted

The minimum wage is certainly not a living wage. Nor is it intended to be. My daughter is earning minimum wage working summers between the school year. She is gaining valuable real-world experience that she can use at a future time to demonstrate she isn't just another lazy kook from acedemia who believes she has all the answers to the ills facing society....a society in which some (read: ivory tower; tenure) have so obviously never really participated.

Posted

$17 / hr * 40 hrs / wk * 50 wks / yr = $34000 / yr.

 

That means that someone coming out of college (acquiring say $100000 in debt) would have to work for seven years earning double to break even with the person who got a job straight out of HS. Or maybe the govt should also provide free education?

 

And the latte... If an emploee makes 17 lattes per hour, e.g. one every 3-4 minutes, there's $1 of labor going per latte.

Posted
The minimum wage is certainly not a living wage. Nor is it intended to be. My daughter is earning minimum wage working summers between the school year. She is gaining valuable real-world experience that she can use at a future time to demonstrate she isn't just another lazy kook from acedemia who believes she has all the answers to the ills facing society....a society in which some have so obviously never really participated in.

 

Uhh...whatever.

A. Your comment on the "intention" of minimum wage is ridiculous. It doesn't merit a response.

B. If you can back up any of the comments directed at me(?) with any evidence whatsoever, I'll give you $5. Good Luck.

P.S. Your "attack only when attacked" strategy that you seem to take so much pride in just went up in smoke (again).

Posted

Why, j_b! I wasn't attacking anyone in particular. Why would you think that? Unless, just maybe, the shoe fits. rolleyes.gif

 

BTW; keep your five dollars. Buy yourself some ramen noodles, or something that harkens poverty.

Posted

Why yes I do believe that government (we the people) should provide free education to those desiring it! As a matter of fact we do, but then at college level, we stop. Hmmmm, and education is becoming increasingly expensive, less affordable by those in already impoverished conditions, furthering the cycle of poverty in an increasingly competitive society. Certainly the type of society we all desire, right? Compete with your neighbor for a slice of the (arbitrary) pie....

 

It's kinda funny. I read history, political theory, etc., and am continually struck by how the middle class can be so easily manipulated into supporting corporatist business agendas that do nothing but harm them in the end. Haven't you read about the shrinking middle class? The increased work hours? Decreased vacation time?

 

It's a strange economic system that has developed, and it's even stranger how the very people being hurt by it can be manipulated into supporting it.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.




×
×
  • Create New...