House and Senate Democrats introduce legeslation to increase federal min. wage to $15/hr by 2025

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Specializes in Vents, Telemetry, Home Care, Home infusion.

Hope this legislation gets passed. as $15.00/hr =  $ 31,200/ year  barely enough  to cover rent. heath insurance, food, clothing for a family --- as my one son has learned.

 

 

4 Votes
Specializes in Mental health, substance abuse, geriatrics, PCU.

It's long overdue.

3 Votes

I feel sorry for those who will get canned because the employer can not afford to pay everyone $15 an hour, so those people now have no income.  You can't have it both ways it seems.  Two relatives who both got substantial pay raises over the past few years as their employer moved to $15 an hour minimum, now complain about the fact that the same employer is now cutting hours.  One step toward involuntary layoffs.

7 Votes
Specializes in Mental health, substance abuse, geriatrics, PCU.
44 minutes ago, caliotter3 said:

I feel sorry for those who will get canned because the employer can not afford to pay everyone $15 an hour, so those people now have no income.  You can't have it both ways it seems.  Two relatives who both got substantial pay raises over the past few years as their employer moved to $15 an hour minimum, now complain about the fact that the same employer is now cutting hours.  One step toward involuntary layoffs.

Of course they're making cuts, we have to keep the bourgeoise comfortable don't we?  

3 Votes
On 1/26/2021 at 11:16 AM, NRSKarenRN said:

Hope this legislation gets passed. as $15.00/hr =  $ 31,200/ year  barely enough  to cover rent. heath insurance, food, clothing for a family --- as my one son has learned.

 

 

Hope your son learned that he needs to do something that puts him in a better position to make a better income.

1 Votes
Specializes in Vents, Telemetry, Home Care, Home infusion.


duplicate

 

Specializes in Vents, Telemetry, Home Care, Home infusion.
3 hours ago, Beerman said:

Hope your son learned that he needs to do something that puts him in a better position to make a better income.

He's a Chef with a Bachelors in Culinary Arts that works for a Pro Soccer team + stadium--who's income destroyed by this COVID pandemic.  Turned down as "Over Qualified" for other chef positions  he's applied.  The Hospitality industry decimated overall --no private parties, weddings, Bat Mitzvah. corporate events.

Good news: just heard today, that  expected to resume work in mid-February.

7 Votes
Specializes in Critical Care.
On 1/26/2021 at 5:44 PM, caliotter3 said:

I feel sorry for those who will get canned because the employer can not afford to pay everyone $15 an hour, so those people now have no income.  You can't have it both ways it seems.  Two relatives who both got substantial pay raises over the past few years as their employer moved to $15 an hour minimum, now complain about the fact that the same employer is now cutting hours.  One step toward involuntary layoffs.

A healthy free market economy is based around the idea that those who can't keep up with the costs of doing business shouldn't be in business, keeping those businesses going through artificial means only prevents more competently run businesses by putting them at a disadvantage.

Like other costs of doing business, there are costs associated with employees; food, shelter, healthcare, etc.  The majority of those receiving taxpayer assistance with food, healthcare, etc are employed, which means the market is failing to meet it's costs.  An employer who does pay the full costs associated with their employees is placed at a disadvantage because they are paying the full costs of their employees as well as contributing to paying the costs of their competitors employees through their taxes.  This makes it harder for the successful business to stay in business, while making it easier for the one that can't exist without an influx of taxpayer funds, that's the opposite of how the market should work.  

This does mean that things that had been really cheap thanks to really low wages will get more expensive, or more accurately they will not cost their true cost, but the increases in wages among low-wage workers far exceeds these price increases, ie low wage workers still come out far ahead.

6 Votes
On 1/28/2021 at 1:56 PM, MunoRN said:

A healthy free market economy is based around the idea that those who can't keep up with the costs of doing business shouldn't be in business, keeping those businesses going through artificial means only prevents more competently run businesses by putting them at a disadvantage.

Like other costs of doing business, there are costs associated with employees; food, shelter, healthcare, etc.  The majority of those receiving taxpayer assistance with food, healthcare, etc are employed, which means the market is failing to meet it's costs.  An employer who does pay the full costs associated with their employees is placed at a disadvantage because they are paying the full costs of their employees as well as contributing to paying the costs of their competitors employees through their taxes.  This makes it harder for the successful business to stay in business, while making it easier for the one that can't exist without an influx of taxpayer funds, that's the opposite of how the market should work.  

This does mean that things that had been really cheap thanks to really low wages will get more expensive, or more accurately they will not cost their true cost, but the increases in wages among low-wage workers far exceeds these price increases, ie low wage workers still come out far ahead.

I guess since they cant afford to stay in business when the govt sets their wages, its for the best they go out of business.  I'm not sure, though, how the low wage workers who will be laid off are going to come out far ahead?

Maybe they can follow Kerry's advice and compete with the coal miners for a small number come solar energy tech jobs.

Specializes in NICU, PICU, Transport, L&D, Hospice.
34 minutes ago, Beerman said:

I guess since they cant afford to stay in business when the govt sets their wages, its for the best they go out of business.  I'm not sure, though, how the low wage workers who will be laid off are going to come out far ahead?

Maybe they can follow Kerry's advice and compete with the coal miners for a small number come solar energy tech jobs.

Hyperbole is a terrible argument...

1 Votes
On 1/28/2021 at 4:56 PM, MunoRN said:

A healthy free market economy is based around the idea that those who can't keep up with the costs of doing business shouldn't be in business, keeping those businesses going through artificial means only prevents more competently run businesses by putting them at a disadvantage.

[...]

Yes, but this should all happen without government interference.

1 Votes
Specializes in NICU, PICU, Transport, L&D, Hospice.
20 minutes ago, chare said:

Yes, but this should all happen without government interference.

Why?

The government's job is to protect and serve we the people.  The government should be protecting our water, land, air, and protecting our health and general welfare.  Government regulation of business and industry is necessary to protect the people.  Capitalists will always find ways to profit in our country. 

4 Votes
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