Seattle agrees to raise minimum wage to $15

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Does the fact that a wage increase has been tried 20+ times without solving the problem ever make proponents of wage increases question it? Or think maybe... just maybe we need to try a different approach?

Does the fact that the cost of living has outpaced said wage increases at a much faster rate mean anything to you?
 

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Could someone explain the relationship between CEO pay and low skill worker pay? and exactly how one affects the other? :wtf:

Don't act stupid.

When CEO's complain about the ramifications of raising the minimum wage, yet get paid 20 million dollar bonuses even when the company is in the RED then it's a connection between the 2 issues.
 

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Don't act stupid.

When CEO's complain about the ramifications of raising the minimum wage, yet get paid 20 million dollar bonuses even when the company is in the RED then it's a connection between the 2 issues.
There isnt tho. CEO pay for the most part has no bearing on minimum wage. I.e. if the CEO at a large company gave his salary away to workers, they might all get like $100 extra dollars a year. I know at Walmart it worked out to about $20, I think. Plus most of that pay is in shyt like stock options... its not cash.

Does the fact that the cost of living has outpaced said wage increases at a much faster rate mean anything to you?
How would increasing minimum wage fix that? Why not address the issues causing cost of living increases?
 

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20 plus million dollar severance packages for running a company into the ground is suffering?

The 1% got you people so brainwashed it's not even funny :snoop:

They sit back like :win::smugbiden: While working class people attack other working class people and defend the 1%'s greed just to feel better than other people.

Do you know how big some of the companies we're talking are?
 

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Well go ahead and address them.
Can anybody talk about this since it's being brought up constantly in this thread?? Can we outline some of these issues?

What can't you figure out? Rent and housing prices in any coastal city with any kind of meaningful economic activity (any city in the Northeast or along the west coast) are increasing at rates 2, 3, 4x inflation... healthcare is obviously skyrocketing in spite of Obamacare, most painfully for the young and healthy... I shouldn't even have to talk about the higher education problem...

Most of these bubbles are caused in part by govt policy that is supposed to curb them, but instead due to their short sightedness (or lobbyist changes) they wind up doing the opposite. And now instead of addressing those flawed policies, we want to try and address one of their biggest symptoms with another flawed policy.. Its like that joke where someone has mice in their house, so they get cats to kill them, and then they can't get the cats out so they get dogs, etc etc etc. Govt just keeps creating more problems it needs to fix....
 

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There isnt tho. CEO pay for the most part has no bearing on minimum wage. I.e. if the CEO at a large company gave his salary away to workers, they might all get like $100 extra dollars a year. I know at Walmart it worked out to about $20, I think. Plus most of that pay is in shyt like stock options... its not cash.


How would increasing minimum wage fix that? Why not address the issues causing cost of living increases?
I didn't say it had an actual dollar for dollar bearing on minimum wage, I was just pointing out how hypocritical it is for a company to pay CEO's multi million dollar BONUSES (on top of salary) even when they are running the company into the ground.

Then turn around and BYTCH when the workers ask for a DECENT living wage.:mindblown:

Then fools like you come in and defend them like your ever gonna get those millions they earn.

It's funny cause you dudes are quick to shyt on people for wanting to be paid a LIVING WAGE, yet the CEO's y'all steady cop please for would hit you with the :scusthov: If you ever walked up to them in the street and tried to shake their hand.

They'd straight :pacspit: On you.

And please don't try to blame poor people wanting to make livable wages the reason the cost of living keeps increasing. That's pure bullshyt.

CEO's and upper management have been making record earnings these past couple years even in the height of the recession they have benefited the most from the increased cost of living increase. That's where the smoke in this fire is coming from.
 
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What can't you figure out? Rent and housing prices in any coastal city with any kind of meaningful economic activity (any city in the Northeast or along the west coast) are increasing at rates 2, 3, 4x inflation... healthcare is obviously skyrocketing in spite of Obamacare, most painfully for the young and healthy... I shouldn't even have to talk about the higher education problem...

Most of these bubbles are caused in part by govt policy that is supposed to curb them, but instead due to their short sightedness (or lobbyist changes) they wind up doing the opposite. And now instead of addressing those flawed policies, we want to try and address one of their biggest symptoms with another flawed policy.. Its like that joke where someone has mice in their house, so they get cats to kill them, and then they can't get the cats out so they get dogs, etc etc etc. Govt just keeps creating more problems it needs to fix....

:heh: It's all the governments fault huh?

So the banks and real estate companies making money hand over fist these past few years are of no blame whatsoever in this mess?

The government ain't perfect and a lot of times they are in bed with the companies that are raping you.

But to blame it ALL on the government is asinine.

Your getting double fisted and you don't even know it :russ:
 

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What can't you figure out? Rent and housing prices in any coastal city with any kind of meaningful economic activity (any city in the Northeast or along the west coast) are increasing at rates 2, 3, 4x inflation... healthcare is obviously skyrocketing in spite of Obamacare, most painfully for the young and healthy... I shouldn't even have to talk about the higher education problem...

Most of these bubbles are caused in part by govt policy that is supposed to curb them, but instead due to their short sightedness (or lobbyist changes) they wind up doing the opposite. And now instead of addressing those flawed policies, we want to try and address one of their biggest symptoms with another flawed policy.. Its like that joke where someone has mice in their house, so they get cats to kill them, and then they can't get the cats out so they get dogs, etc etc etc. Govt just keeps creating more problems it needs to fix....

Can you explain how a policy that aims at establishing a livable wage for people by raising minimum wage is flawed?

No one believes that a minimum wage increase is a cure-all for our economic issues. But it is one solution that along with others will address some of the extreme issues of inequality in America. There is no reason why you can't help people at the bottom earn a livable wage while also addressing the other problems you listed.

The the long term negative economic effects of such a policy is still very much an open question, so I'd like to see what leads you to believe that it would be such a disaster.

Sidenote: It's also interesting how people will begin to care about small businesses when it comes to minimum wage but when you talk about things like NAFTA and other policies that have destroyed small businesses overseas, that care for small businesses goes out the window.

Do people really care about small businesses or is there some other factor at work?
 
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