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originally posted by: daryllyn
a reply to: Edumakated
They still deserve a minimum of a livable wage.
originally posted by: Echo007
Minimum wage should be high enough to where people can live off it. I'm not talking about being able to buy 40k+ brand new vehicle every 3-4 years, 20k boat, beach home or cabin.
How can we have 17 trillion dollar debt but can't have basic standard of living or basic income in this country. We can afford 800+ military bases but not free health care for every American that makes under 50k a year. If you make under 50K a year, you shouldn't have to pay any taxes.
Uh, people who make under $50k a year don't pay hardly any income taxes. Go look up the IRS tables as to who pays taxes. Despite the groveling, almost all income taxes are paid by the upper income earners.
I hate to break it to you sweetheart but no one "deserves" anything. Unfortunately, we don't live in a world with unicorns and rainbows where life is picture perfect.
originally posted by: onequestion
a reply to: burdman30ott6
Do you have any solutions?
originally posted by: Edumakated
originally posted by: daryllyn
a reply to: Edumakated
They still deserve a minimum of a livable wage.
I hate to break it to you sweetheart but no one "deserves" anything. Unfortunately, we don't live in a world with unicorns and rainbows where life is picture perfect.
9. Make welfare pay less than working does.
originally posted by: daryllyn
Do you have a source to back up the claim that welfare pays more than working does?
Nationwide, our study found that the wage-equivalent value of benefits for a mother and two children ranged from a high of $60,590 in Hawaii to a low of $11,150 in Idaho. In 33 states and the District of Columbia, welfare pays more than an $8-an-hour job. In 12 states and DC, the welfare package is more generous than a $15-an-hour job.
I'm not sure how to fix it, as I'm sure people would scream bloody murder if I suggested a cap on profits (ie; after a certain percentage of profit, the company is required by law to send it downstream to their workers). That would never fly -- it's wealth redistribution at it's simplest.
According to a report from Bloomberg, Dimon recalled a time when he met with Warren, the then head of oversight for the massive government bailout of banks known as TARP, to discuss credit cards. The former CEO of the Chicago-based Bank One, told the room full of Midwest business leaders that he met with the former Harvard bankruptcy professor after she was tapped to charter the new Consumer Financial Protection Bureau, the government agency tasked with providing oversight in the wake of the massive government bank bailout known as TARP, and claimed that Warren confessed to owning and loving his bank’s credit card at the time.
Warren herself recalls a more recent meeting in 2013. She describes in her book, A Fighting Chance, how Dimon shrugged off warnings that JP Morgan was out of compliance with new rules laid out by the Dodd-Frank law. According to Warren “he leaned back and slowly smiled. ‘So hit me with a fine. We can afford it.’”
5. Enforce immigration laws, deport illegals. Why pay $10 an hour when you have a laborer happy to do the job for $5? The fact that the cheapest labor available in the US is also here illegally makes this solution a no-brainer.
Swiss voters on November 24 will consider capping executive pay at 12 times what the lowest-paid worker at a company makes -- the premise being that a CEO should make no more in a month than a low-level employee earns in a year.
originally posted by: Indigent
a reply to: burdman30ott6
5. Enforce immigration laws, deport illegals. Why pay $10 an hour when you have a laborer happy to do the job for $5? The fact that the cheapest labor available in the US is also here illegally makes this solution a no-brainer.
I always loved the is the immigrant fault logic, why pay for 10$ and not 5? Because its the law, it's not the immigrant fault, it's the fault of the criminal that hire them.
Raising the minimum wage to a livable one, would greatly reduce the number of people receiving government assistance (or the amount received, depending), and boost the buying power of the poor.
Would those things NOT be a benefit to the economy?