Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
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Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#2Yes, but the minimum wage is the minimum wage. This isn't designed to be something that you start at and stay at your whole life.
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#3Yes, but the minimum wage is the minimum wage. This isn't designed to be something that you start at and stay at your whole life.
When it comes to public policy I think it's better to focus on how things turn out in reality rather than how they were intended or designed to turn out.
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#4What a shitpost...
How is it anyone's business how much private employers pay its workers?
Meanwhile the Busybody Insider conveniently forgets that the minimum wage rule is immoral, anticompetitive, discriminatory and unconstitutional.
The minimum wage should be $0.
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#5Yes, but the minimum wage is the minimum wage. This isn't designed to be something that you start at and stay at your whole life.
When it comes to public policy I think it's better to focus on how things turn out in reality rather than how they were intended or designed to turn out.
How can you decide what it is going to turn out like without doing it?
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#6So? It would be even higher if it grew at the same rate as a typical Google SWE's comp did from 2010 to 2020. Some industries are doing really well.
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#7Yes, but the minimum wage is the minimum wage. This isn't designed to be something that you start at and stay at your whole life.
I really don't undressed what you are trying to say. Can you explain why, the fact that this is the minimum wage and your not supposed to stay at it has anything to do with this?
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#8Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#9ok but how much would a sandwich cost?
Re: Min wage would be $44 / hour if it had grown at same rate as Wall Street bonuses
#10Yes, but the minimum wage is the minimum wage. This isn't designed to be something that you start at and stay at your whole life.
When it comes to public policy I think it's better to focus on how things turn out in reality rather than how they were intended or designed to turn out.
Correct. And how it turned out is that very, very few people earn minimum wage.
In 1979 it was 13.4%
In 2017 it was 2.3%
In 2017, 1% of workers aged 25 or older earned minimum wage. 8% of working teenagers do.