posted on May, 3 2014 @ 02:30 AM
originally posted by: ThichHeaded
a reply to: Aazadan
I agree with what you say..
I think that if you want to make more money you should find a job that gets you more money.. But i do believe inflation has a really big impact on
what we buy..
But giving the min wage a hike didn't help I think.. Because there is really nothing backing it up.. I make 7.25 an hr.. I think for what i do is
fine.. Making 15 bucks an hr.. Maybe I should have graduated high school or went to college... See what I mean?
Plus what about those people all making 15 an hr now.. who have been at places for yrs? You think their wages will go up?
Inflation does have a big impact, it's not just the minimum wage that was part of my entire point. ALL wages except for those in the top 5% or so
have been on a decline for 35 years. The purchasing power of a median income person today, which should be definition be middle class, is the same as
a minimum wage burger flippers in 1967.
Even if a person is flipping burgers for a living, a 40 hour a week job (or whatever the work week is defined as) should pay enough to keep a roof
over their head, pay for their food, and keep them off of government assistance.
Giving the minimum wage a small bump every few years essentially does nothing if you're results oriented. It does generate a lot of political
leverage both for and against the vote however, and is one of the things worthless politicians campaign on. Wages have eroded at a slow and steady
rate of about 3.5% per year, however because of inflation this number is hidden. The government doesn't even tell you because the CPI is part of the
As for the people making $15/hour now? Who cares? The minimum wage going up doesn't negatively impact them. Just because one person gets something
doesn't mean someone else who doesn't get something is put at a disadvantage. Though if other nations are anything to go by, those people generally
see an increase to their wages eventually as well, though it's of a lower amount.
Btw, did you know a HS dropout working at McDonalds used to be able to buy a house and raise a family on a single minimum wage income?