I am trying to wrap my head around ,raising the minimum wage /nursing salaries .In my area CNA 11/hour ,Lpn 17/hour,Rn 25hour .
Recently they mandate RNs to have a 4 year degree ,which costs between 40-200 k.
If minimum wage increases to 15 hr ..this would force an increase..How can you pay McDonald's workers more ..when CNA's are
doing backbreaking work ,nightshift ,leaving thier families on weakends and holidays ? This would force a increase all the way up .I do worry though ..that this will make staffing short /and healthcare insurance prices to rise .
There is plenty of opportunity in this country for everyone.
Would that this were true. Unfortunately, the steady increase in income inequality over the last several decades in this country demonstrates that it isn't.
I'm not sure this is true. I remember from economics that there were entire sections of theory on this. I suspect that there are volumes of journals on this topic like many other economic topics. I'm no economist though.
Would that this were true. Unfortunately, the steady increase in income inequality over the last several decades in this country demonstrates that it isn't.
I am not sure if income disparity equates to opportunity. I believe they are distinct, both are important considerations but distinct from each other.
I have never been able to understand why people work to arbitrarily raise income, presumably increasing inflation, instead of decreasing prices and lowering inflation?
Is it the human need to constantly gain, even if just psychological? Lowest hanging fruit?
I would think the best long term investment is in making the dollar go farther instead of just diluting it.
Would that this were true. Unfortunately, the steady increase in income inequality over the last several decades in this country demonstrates that it isn't.
Agreed. And, it's plainly obvious from recent and not so recent events and socioeconomic reports that there most definitely not plenty of opportunity for everyone in this country, and not nearly solely due to income inequality. Claiming, "plenty of opportunity for everyone" is an incredibly specious and flippant claim, and is easily refuted with a bare minimum of research.
Mini 2544, Let me remind you we live under socialism already: Medicare, the Military, Medicaid, the Police, the Fire department, Education, Roads/Highways, Parks, and several other public funded programs. Do you like your water clean? Do you like to drive on your roads without constantly having to change your tires? These are small examples of the public funding something for the people as a whole to benefit. Also, as long as the top 1% keeps hiring lobbyists in congress to funnel taxpayer money in their direction, along with sending trillions of dollars to banks abroad, we are not following a model of Capitalism, we are following a model of theft.
Seattle area here, living in the world of the $15 minimum wage. I make about 60% more than my previous job in another state. Jobs are definitely not scarce here which I feel shows that argument does not fly. My electric bill? $17. Food? Same cost. Gas? About $3/gallon. The housing is more expensive but not due to gouging. The demand is so high and the supply low because they can't build fast enough and there is one housing unit for every 3 jobs available. 85,000 people didn't move here last year because it sucks here. Transit is awesome. Crime not bad. Climate wonderful. Not enough people to fill all of the jobs of any type. Much happier workers in general.
Similar story here as well. Minnesota and business is booming.
I have never been able to understand why people work to arbitrarily raise income, presumably increasing inflation, instead of decreasing prices and lowering inflation?
Is it the human need to constantly gain, even if just psychological? Lowest hanging fruit?
I would think the best long term investment is in making the dollar go farther instead of just diluting it.
How is it arbitrary to need cost of living adjustments in your wage as the cost of living steadily increases??? As I stated before, it's become impossible to live on the minimum wage, and has been that way for some time, so...that's why workers are in favor of raising it. Not arbitrary, necessary.
You're free to disagree that income disparity doesn't relate to opportunity but I don't understand that argument. The myth of everyone in the U.S. being on a level playing field and equally able to pull themselves up by their bootstraps and create the American Dream is sweet, but not true. The more money you have, the more opportunity you have to go further in life. Is it possible to start with nothing and be self-made? Of course, but it's harder and harder with the wealthiest people in the country doing their best to keep squeezing those people beneath them out of said opportunities.
Is there anybody in the world, in any line of work, that doesn't feel that they're underpaid?
I'm sure the CEO's don't feel underpaid! Even when they resign or are forced out they get a golden parachute worth millions of dollars to cushion the blow!
Guest219794
2,453 Posts
When did butterfly suggest that?
What was mentioned in the post were economic structures very common in countries with a higher standard of living than the US.
If you don't believe me, ask Doctor Google who has a higher standard of living than the US, and have a look at their social and economic policies.
Those countries really don't meet any reasonable definition of "socialist regime".