MeGrendel Male, 40-49, Southern US
   2410 Posts
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Tuesday, March 19, 2013 12:43:52 PM The result:
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robthelurker Male, 18-29, Canada
   994 Posts
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Tuesday, March 19, 2013 12:31:46 PM @egalm i know right!!! i went to get a bagel one day and they were usually two bucks exactly (all i had to do was give the person a toonie and bam, bagel) but now its $2.05. i didnt have a drating nickel. i took 5 pennies out of the take or leave a penny cup. |
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EgalM Male, 18-29, Canada
   1690 Posts
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Tuesday, March 19, 2013 12:01:10 PM I can tell you what happened in Canada as they raised the minimum wages. All the prices went up to match it, so they may as well not even have done it. Tim Hortons as a small example, raised all prices five cents every time the wage went up ten cents. I may not be the best with math, but I think they took advantage of the situation to make even more profit off it. Considering were talking about every unit that gets sold, and they like most fast food places move a lot units per day. |
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MeGrendel Male, 40-49, Southern US
   2410 Posts
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Tuesday, March 19, 2013 11:53:00 AM Fwoggie2-"Does that mean you'd be able to go to a restaurant, enjoy your meal and pay what's on the fricking bill" Yes, the difference is most will not be able to afford the fricking bill. HolyGod-"implement a livable wage of around $10/hr." A job is not determined by a 'livable wage'. It is determined by its contribution to the business. If what you're doing is not worth a livable wage, that is your fault, not the jobs. HumanAction-"the growing disparity between productivity and earnings" Fishing french fries out of hot grease is not productive enough to warrent a livable wage. |
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Mad_Gremlyn Male, 18-29, Western US
   335 Posts
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Tuesday, March 19, 2013 11:39:59 AM HumanAction, stop that! I was enjoying how rapidly the idiots were descending into their own blind stupidity. It's like watching Lord of the Flies, Reality TV edition after cheap coke was passed around. |
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HumanAction Male, 18-29, Midwest US
   1211 Posts
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Tuesday, March 19, 2013 11:35:22 AM In all fairness, I don't think the Senator actually ever suggested raising the minimum wage to $22/hr. Rather, I think she was attempting to simply illustrate the growing disparity between productivity and earnings. That being said, she is clearly implying that the minimum wage should be raised. To answer her question about the "missing" $14.75/hr, a very significant portion was invested in the Consumer Price Index - in which the US continually bests other first world nations. Perhaps more importantly, it is also invested in the Local Purchasing Power Index, which the US has historically performed very well in. I'm not suggesting that the growing disparity between CEO pay and employee pay isn't a concern; rather, I'm suggesting that the implication that corporations are whisking away the "lost" income into private pockets isn't well-founded. |
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McGovern1981 Male, 30-39, Eastern US
   10540 Posts
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Tuesday, March 19, 2013 11:05:26 AM
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McGovern1981 Male, 30-39, Eastern US
   10540 Posts
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Tuesday, March 19, 2013 11:01:31 AM Ahhh, an ad hominem attack from McGovern -- that's a nice change of pace... I could go after her idea but that would be called common sense. Now more Warren fun!!!
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McGovern1981 Male, 30-39, Eastern US
   10540 Posts
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Tuesday, March 19, 2013 10:59:40 AM Does that mean you'd be able to go to a restaurant, enjoy your meal and pay what's on the fricking bill No you wouldn't be able to afford the bill. Leave a tip ya cheap f**k! |
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HolyGod Male, 30-39, Western US
   3062 Posts
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Tuesday, March 19, 2013 10:59:29 AM How about leave the minimum wage where it is and implement a livable wage of around $10/hr? Then the minimum wage could be only for part time work for people that can verify they are in school (high school or college). |
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mandingo3519 Male, 30-39, Southern US
   180 Posts
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Tuesday, March 19, 2013 10:58:00 AM @gerry every time wages go up goods and services go up so you become more broke. CEO and all are not going to lower their profit a single cent |
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Fwoggie2 Male, 30-39, Europe
   1188 Posts
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Tuesday, March 19, 2013 10:50:10 AM Does that mean you'd be able to go to a restaurant, enjoy your meal and pay what's on the fricking bill (unless the waiter/waitress went over and above the standard level of customer service)? You know, like the rest of the developed world outside of N America does it? |
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Andrew155 Male, 18-29, Eastern US
   1208 Posts
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Tuesday, March 19, 2013 10:45:39 AM Also, the 22 dollar things is psycho. Raising it to 22 would collapse labor. Most of what I've studied about this says the minimum wage above 40% of the average wage does significantly more harm than good. 9 dollars could be ok, although it would put many people out of work. The biggest issue I have is that she uses this fantastical productivity measure to justify the 22 dollars. Has burger flipping advanced in productivity much since the 60's? It's just a flawed concept that minimum wage should keep up with productivity. But honestly, if I was able to make above minimum wage by the time I was 17, I think anyone can. The whole line of argument of a mom supporting 5 children on a $7.25 is fallacious and fantastical. At worst, work there for 2 months and you'll get a raise. |
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Gerry1of1 Male, 50-59, Western US
   26255 Posts
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Tuesday, March 19, 2013 10:43:17 AM
If Senators Warren were paid based on 'productivity' {as Sen. Elizabeth Warren based her $22.00 figure on} they would owe us money. And when the first introduced a minimum-wage, and ever time it's been increased since, opponents claim it will hurt the economy. It hasn't yet. |
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DromEd Male, 40-49, Eastern US
   956 Posts
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Tuesday, March 19, 2013 10:42:58 AM come on man...re-size the chart. |
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DromEd Male, 40-49, Eastern US
   956 Posts
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Tuesday, March 19, 2013 10:41:12 AM In before somebody tries to argue that a burger flipper is worth 44K a year. |
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Andrew155 Male, 18-29, Eastern US
   1208 Posts
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Tuesday, March 19, 2013 10:40:16 AM The last time black unemployment was below white was in 1930, the year the minimum wage was introduced. |
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Burton_Ian Male, 18-29, Eastern US
   808 Posts
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Tuesday, March 19, 2013 10:33:10 AM Ahhh, an ad hominem attack from McGovern -- that's a nice change of pace... |
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McGovern1981 Male, 30-39, Eastern US
   10540 Posts
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Tuesday, March 19, 2013 10:17:33 AM
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McGovern1981 Male, 30-39, Eastern US
   10540 Posts
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Tuesday, March 19, 2013 10:14:02 AM ROFL!!! Ya what could go wrong with that!! Here's what they call her in MA...
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12chars Male, 18-29, Eastern US
   93 Posts
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Tuesday, March 19, 2013 9:46:50 AM Link: $22 Minimum Wage: Could It Pass Congress? [Rate Link] - An idea Sen. Elizabeth Warren raised. Obama has suggested raising it from $7.25 to $9. Story in credits link below. |
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