Thursday, January 2, 2014 3:28:09 AM
@keith, that's the main issue.
20 years ago, minimum wage was a living wage. You started at the bottom with that and worked your way up to a higher paying position over time and with effort (think factory work, manual labor, fast food type things.)
Over time, a decent living wage has grown far beyond the confines of minimum wage. You know how people are always saying that having a bachelors now is like having a high school diploma 20 years ago? It`s actually true in respect to how common they are, as well as the wages received when you adjust for inflation. It`s not just fast food workers that deserve to get more money, it`s honestly nearly everyone.
There is no logical reason that a CEO should make over 2 million a year with an additional several million as a bonus because "they worked really hard".
Call me a communist, but spread the love. There is no reason that a ceo should work for a million times the rate of an entry level worker, whi
Friday, December 27, 2013 4:13:39 PM
My job requires a damn college degree and make roughly what those fast food workers are asking for as far as hourly wage. They need to freakin get real. If they start making what I make, I will definitely be very upset.. and applying to McDonalds for a nice stress-free burger flipping gig raking in the big bucks.
Governments should be encouraging corporations to take action Unfortunately, the only way government can act is by the execution of power, which is nothing more that the ability to hurt people. For every action that government takes, regardless of the people that may benefit from it, someone gets hurt - be it financially, physically, or intellectually.
With this in mind, we should be extremely careful when allowing government to act, because someone will be made to pay a price for it. Unfortunately, you, me, and people like us, rarely have the ability to persuade government to hurt someone else; on the other hand, corporations do. I think you will find that most oftentimes, we pay the price of government actions, not rich CEO's or corporations.
instead of just shrugging our shoulders and refusing to take action because its difficult I'm not suggesting that we do any such thing. I`m merely pointing out that *someone* must pay for the increased labor wages and that, most likely, it`ll end up being the people you`re trying to help.
Can you think of any way to force the business owners - the people who control the prices and employment opportunities - to foot the increased cost? We would need to enact a government that strictly controls prices, wages, additional compensation, and employment opportunities. Essentially, we would need the government to completely take control of business.
I agree they are circular but dont agree that benefits are responsible for low wages Sure... I'd actually fault the Fed and WWI for kicking it off but the specific trigger point doesn`t really matter anymore. The point is that we are stuck in a situation where redistribution causes low wages and low wages cause redistribution.