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25 new of 176 responses total.
scholar
response 6 of 176: Mark Unseen   Mar 10 04:20 UTC 2006

Re. 4:  Adult jobs are usually based on commission.  When you get a lap dance,
the stripper gets about 90% of what you pay for, and the club gets the rest.
slynne
response 7 of 176: Mark Unseen   Mar 10 04:41 UTC 2006

I am not opposed to raising the minimum wage although I dont think that
raising it to $7.25 will do much of anything. The current market wage is
higher than that. 
rcurl
response 8 of 176: Mark Unseen   Mar 10 06:42 UTC 2006

Someone tell KLG that "The Federal Reserve indirectly moves the prime rate
by changing the federal funds rate, the discount rate or both." Why does he
think lending rates change when the Feds notch the rate banks pay on on
overnight loans from other banks and directly from the Federal Reserve? 
bru
response 9 of 176: Mark Unseen   Mar 10 12:11 UTC 2006

what proof do you have of that slynne?  What is the current market wage
according to you?
slynne
response 10 of 176: Mark Unseen   Mar 10 12:30 UTC 2006

The current market wage for unskilled labor seems to be around $8/hour.
Or at least that is the impression I got from Barbara Erinreich's book
_Nickle and Dimed_. Obviously there are a lot of different labor markets
in the country and I am not familiar with all of them. But around here,
what are usually considered "minimum wage" jobs (retail, food service,
etc) seem to pay around $8/hr. 
cyklone
response 11 of 176: Mark Unseen   Mar 10 13:31 UTC 2006

kludgie's concern that people remain eligible for food stamps is quite
touching. Who knew he was such a caring guy?
scholar
response 12 of 176: Mark Unseen   Mar 10 13:32 UTC 2006

People are better off with cash than food stamps.
slynne
response 13 of 176: Mark Unseen   Mar 10 13:56 UTC 2006

resp:12 Indeed they are. But people in this country have a serious 
moral objections to giving people something for nothing combined with a 
dislike of seeing people starve. Most people dont want to give people 
cash which they could spend on immoral things. 

Personally, I think it would be easier for everyone if it were just 
cash. 
richard
response 14 of 176: Mark Unseen   Mar 10 15:41 UTC 2006

The fact is that the upper class feels less threatened as long as the lower
class isn't making enough money to change their circumstances.  The minimum
wage needs to keep up with inflation.
keesan
response 15 of 176: Mark Unseen   Mar 10 16:36 UTC 2006

I talked to a cashier at a W. Virgina Walmart who said nearly everyone working
there had subsidized rent, and of course also Food Stamps and Medicaid.  If
Walmart were forced to pay higher wages, it would save the government from
subsidizing their employees.  Junk food places that hire illegal aliens could
continue to pay whatever they are already paying under the counter, and the
illegal aliens could continue to subsidize our Social Security system because
they use fake cards and pay into Social Security but cannot collect from it.
Teenagers might have a harder time competing with them and would end up
earning less money and maybe spending more time on schoolwork, and perhaps
a higher percentage would graduate high school.
klg
response 16 of 176: Mark Unseen   Mar 10 17:19 UTC 2006

Someone ask Curl why he first said "control of the prime rate" and then 
changed that to "indirectly moves the prime rate," expecting me either 
not to notice or to believe that they mean the same thing.
richard
response 17 of 176: Mark Unseen   Mar 10 22:18 UTC 2006

Actually a few states, like New York State, have state minimum wage laws which
supercede federal minimum wage laws if the state rate is higher.  Here in NY,
the minimum wage since January has been $7.05/hr.  California's minimum wage
is $6.75 *except* in San Francisco, where it is $8.50 an hour.

Here is a table of minimum wages:

http://www.dol.gov/esa/minwage/america.htm#NewYork

The problem is stingy states like Michigan which won't estalblish any rate
higher than the federal rate.  Or Ohio, where the state rate is actually LOWER
than the federal rate.
nharmon
response 18 of 176: Mark Unseen   Mar 10 22:30 UTC 2006

Wal-Mart doesn't pay minimum wage, they pay a few dollars over it. 
Raising the minimum wage will only affect places that employ teenagers 
and ex-cons.

The problem is that millionaire senators like Kennedy just don't 
friggen GET IT. There is no reason to believe that increasing the 
minimum wage will improve the lives of the working poor. Instead they 
need to be concentrating on paying for education and health expenses. 
Those are the types of tax investments that have the greatest results.
richard
response 19 of 176: Mark Unseen   Mar 10 22:37 UTC 2006

no kennedy does get it.  the less income a person has, the more dependent that
person is going to be on the government.  nharmon if you really are a fiscal
conservative, and want a smaller government, you can't NOT be for a higher
minimum wage.  You want people to get off the welfare rolls?  pay'em more
money!
mcnally
response 20 of 176: Mark Unseen   Mar 10 22:52 UTC 2006

 I have this vision of Richard ala Captain Kirk, dressed in a Star
 Fleet uniform and commanding an "away team" to the surface of a planet
 ruled by a giant conservative computer.  In my mind he keeps trying to
 overload the computer by feeding it contradictory and nonsensical "logic"
 or asking it to compute the final digit of pi but the computer will
 have none of it and instead of self-destructing in a big show of smoke
 and flash-pots just tells him "Humanoid:  your arguments are transparently
 flawed and illogical."
richard
response 21 of 176: Mark Unseen   Mar 10 23:00 UTC 2006

re #20 no, you missed that episode.  Kirk and co. take on the great
conservative computer, which is controlling all the androids by remote, and
disables it by reasoning with it.  When confronted with logic, all the droids
start having smoke come out of them and go into tilt mode.  Thats what we
liberals do  :)

and there was no more prominent liberal in hollywood in the 60's than Gene
Roddenberry
tod
response 22 of 176: Mark Unseen   Mar 10 23:41 UTC 2006

I think Grex should go ask the Ypsi Wal*Mart for a donation.
cyklone
response 23 of 176: Mark Unseen   Mar 11 01:32 UTC 2006

I think #21 conclusively proves that Richard really is insane. And BTW, please
don't speak as if you represent liberals. As I've mentioned before, your
inability to present cogent arguments and clear thoughts harms the liberal
cause in ways that are probably beyond your limited comprehension.
klg
response 24 of 176: Mark Unseen   Mar 11 02:37 UTC 2006

Well, the bad news is that the MI Republican legislators are going to
pass an increase in the MI min wage.  The good news is that this move
will, hopefully, keep a move to put a higher min wage in the MI
constitution off the statewide ballot.
nharmon
response 25 of 176: Mark Unseen   Mar 11 02:58 UTC 2006

Here is what I see. A jump in the minimum wage will put some more money
in the pockets of teenagers and ex-cons. This increase might trickle up
to semi-low wage earners like those at Wal-Mart. But this increased cost
will result in increased prices of goods and services for everybody.
Someone else said nothing will change except the numerical values of the
dollar amounts. But that is not true. By increasing the wages, you drive
an even larger division between US wages and wages of other countries.
Thus, in turn, leads to more companies shipping work overseas.

Minimum wage made sense when we manufactored more, and traded in a
regional market. It served to improve competitiveness. But we live in a
gloval market now. Thus, it simply does not make sense any more.

Richard, I really think you lack a sense of basic economics. Hell, I
lack a sense of basic economics. But at least I'm not assuming that
money grows on trees and that magical increases in wages will take
people out of poverty. It will do worse. It will increase the cost of
living, and place said worker into a higher tax bracket.

LOGIC AHEAD === RW LOGIC AHEAD === RW LOGIC AHEAD === RW LOGIC AHEAD ===

I'm surprised liberals aren't against raising the minimum wage because
it is really just a form of regressive taxation.

AHEAD === RW LOGIC AHEAD === RW LOGIC AHEAD === RW LOGIC AHEAD === RW LO


(sorry about the banners, but I just had to  ;)
klg
response 26 of 176: Mark Unseen   Mar 11 03:10 UTC 2006

And a fine job, ideed.
slynne
response 27 of 176: Mark Unseen   Mar 11 04:23 UTC 2006

Considering that most unskilled labor jobs are in industries that cannot
easily be outsourced overseas (foodservice, retail, cleaning, etc), I do
not think raising the minimum wage will result in too many jobs going
overseas. If the demand for those jobs is somewhat inelastic as a lot of
people think, it also will not result in too many fewer jobs. As for the
tax bracket issue...well, that seems kind of a weird thing to worry
about. I know that when I started to earn more money and got into a
higher tax bracket, it didnt leave me crying into my oatmeal. But if
that is really a concern, the obvious solution would be to change the
tax code and adjust the brackets. It is possible that raising the
minimum wage could lead to higher prices for things but probably not
enough offset the benefit of a higher minimum wage to the recipients of
said wage. 

There is some validity about the argument that raising the minimum wage
might not benefit the people those proposing it would like to benefit
(i.e. the working poor). A significant number of people in minimum wage
jobs are teenagers and young adults who are still being subsidized by
their parents. This is especially so since the working poor cant afford
to take minimum wage jobs in a labor market where they could get a few
dollars more per hour at a place like WalMart or McDonalds. 

Personally, I would like to see companies change their labor structure
by paying those at the bottom more and those at the top less. Their
overall labor costs would remain the same but would be distributed
differently. Unfortunately, I dont see how government regulation can
accomplish that. I suspect that if enough people cared about such
things, they could force companies to do that with market forces. They
could, as consumers, choose companies with such labor policies and they
could also as stockholders demand the companies pay the CEO less and the
bottom level workers more. I dont see that happening just yet though but
there are a lot of people who take those kinds of things into account
when choosing where to spend their money both as a consumer and as an
investor so such a trend could happen. 
nharmon
response 28 of 176: Mark Unseen   Mar 11 04:32 UTC 2006

The problem with demanding the CEOs and top-level execs make less in
order to pay the bottom-of-the-pole workers more is that you might tend
to lose deserving talent in those levels because they go elsewhere to
make more. I don't see an initiative like that gaining any traction
unless it was across the board in the form of a law or something.

I do not think you fully understand the dots I connected that leads to
more job offshoring. You see, raising the minimum wage will raise wages
for a lot of people who don't make minimum wage. The result is a wider
gap  in US/non-US salary. This gap is the main driving force in offshoring.

In other words, it isn't the minimum wage jobs that will be offshored.
Its the close-to-minimum wage jobs like telephone customer service reps
that will be.
cyklone
response 29 of 176: Mark Unseen   Mar 11 04:47 UTC 2006

You hit on the key, though I don't think you fully realize it. Executive 
salaries in the US are crazy out of control. Each time a board votes an 
increase in compensation, CEOs around the nation smile to themselves 
knowing they can make the case for their next raise by simply pointing to 
the new deal and saying "give me that or I'll go somewhere else to get 
it." There are few market forces in this rarified realm, since there isn't 
a whole lot of "competition" from upstart CEO wannabes a BOD would trust 
with a large company. For this reason, I have no problem whatsoever with a 
law that would link maximum compensation to some metric involving lower 
paid employees.
rcurl
response 30 of 176: Mark Unseen   Mar 11 06:38 UTC 2006

"But this increased cost will result in increased prices of goods and 
services for everybody."

That's true of everything, not just minimum wages. What is making the 
minimum wage go up? The "increased prices of goods and services". If the 
economy is inflating, so must wages. Slow inflation has a lot of benefits. 
The problem is keeping it slowl 
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