Bernie Sanders endorsing a higher minimum wage

[Deleted member 546149]

Bernie has said that ceos have to much money and that the money can be used to increase wages. He was tackled the CEO of Walmart and Amazon as they have to much money. I agree with Bernie as ceos are forgetting people have lives I'm not a Democrat nor a Republican but I agree with Bernie on this

 

[Lacius]

Bernie has said that ceos have to much money and that the money can be used to increase wages. He was tackled the CEO of Walmart and Amazon as they have to much money. I agree with Bernie as ceos are forgetting people have lives I'm not a Democrat nor a Republican but I agree with Bernie on this

Nobody should work a full-time job and live in poverty. The minimum wage should be raised to at least $15. If you agree with this, you might want to start voting Democratic.

 

[Deleted member 546149]

Nobody should work a full-time job and live in poverty. The minimum wage should be raised to at least $15. If you agree with this, you might want to start voting Democratic.

Anyways yes, minimum wages should liveable wages. Also, I have no plans to become a Democrat

 

[Xzi]

Frankly $15 still isn't enough if you're living on the East or West coast. People already making that much currently are living out of tents in coastal states. Should be $20/hr there, $15/hr everywhere else, and a 2% annual raise for all positions to account for inflation.

Of course any progress is a good thing and I'm not gonna poo-poo it, $7.25 as a minimum was ludicrous.

 

[Deleted member 546149]

Frankly $15 still isn't enough if you're living on the East or West coast. People already making that much currently are living out of tents in coastal states. Should be $20/hr there, $15/hr everywhere else, and a 2% annual raise for all positions to account for inflation.

Of course any progress is a good thing and I'm not gonna poo-poo it, $7.25 as a minimum was ludicrous.

Wyoming has a 5 dollar minimum wage

 

[Xzi]

Wyoming has a 5 dollar minimum wage

I think the only way you can get around the $7.25 federal minimum wage is if it's a tipped position. Still dumb of course, because tips often won't be enough to make up for that $2.25/hr difference consistently.

 

[leon315]

Nobody should work a full-time job and live in poverty. The minimum wage should be raised to at least $15. If you agree with this, you might want to start voting Democratic.

but are you OK with current administration printing so much money? we are talking about trillions of dollars out from nowhere, and if any other nations printed so much money will become as same as Venezuela.

 

[Xzi]

but are you OK with current administration printing so much money? we are talking about trillions of dollars out from nowhere.

Makes no difference until inflation starts ballooning, and even then we can hold at about 2% for quite a while. Basically all that matters is what that money is being spent on, and both the COVID relief plan and infrastructure plan are smart investments for the future. I think it was the most recent Last Week Tonight that covered this topic.

 

[leon315]

Makes no difference until inflation starts ballooning, and even then we can hold at about 2% for quite a while. Basically all that matters is what that money is being spent on, and both the COVID relief plan and infrastructure plan are smart investments for the future. I think it was the most recent Last Week Tonight that covered this topic.

holy shit! i laughed my ass off when the video shows kids vow in classroom......

 

[FAST6191]

Do we care what he has to say? Does he have any particular power or influence? Will next time be the time or is he just a popular face (that somehow can't otherwise compete)?

Though more generally the real answer to "what is the minimum wage?" is zero, this regardless of what your government says it actually is. If it is $15 I am going to want a lot for my money (no oldies, sick people, people of below average intelligence, disabled people, people caring for relatives that might not be able to give it their all at all hours...), and that robot is going to look a lot more attractive and a robot in India even more so.

We can look at employment rates among various demographics after rate hikes for a fun one (add in young people to the above list if you want a suggestion), and business migrations and workforces for another. Those plumping for increases here are also curious to look at -- why is the billionaire set often seen to plump for it https://fortune.com/2019/04/11/bezos-amazon-minimum-wage/ ? Most of them work people to the bone, generally oppose unions and don't do healthcare if you live in a country where such a thing matters.

There are also places without it that might be worth looking at too. Germany for instance did not have any prior to 2015.

I quite agree that taking a job that leaves you in poverty is a bad plan -- it is why I laugh at game devs taking jobs in San Francisco that still have to have housemates or do work for those part time "gig economy" despite theoretically high remuneration, and those that work all hours to afford a lifestyle that is mostly still debt fuelled. Now eating vs not eating and what skills people have that might be worth the money is an interesting equation.

 

[Xzi]

Do we care what he has to say? Does he have any particular power or influence?

You might not care, but yes he's got quite a bit of actual power now as chairman of the Senate Budget Committee. Basically ensures Biden has to pass at least some progressive-friendly legislation if he wants to keep getting funding for his moderate and neolib shit.

If it is $15 I am going to want a lot for my money (no oldies, sick people, people of below average intelligence, disabled people, people caring for relatives that might not be able to give it their all at all hours...), and that robot is going to look a lot more attractive and a robot in India even more so.

As usual, if you want employees with more than the minimum work ethic, you have to pay more than minimum wage, and that applies regardless of how many times it's raised.

Those plumping for increases here are also curious to look at -- why is the billionaire set often seen to plump for it https://fortune.com/2019/04/11/bezos-amazon-minimum-wage/ ? Most of them work people to the bone, generally oppose unions and don't do healthcare if you live in a country where such a thing matters.

That's precisely why corporations support minimum wage hikes: they know they can afford it, they know they're getting off cheap compared to other nations' minimums, and they believe it'll quiet discussions about unionizing for a time.

 

[Jayro]

Nobody should work a full-time job and live in poverty. The minimum wage should be raised to at least $15. If you agree with this, you might want to start voting Democratic.

It's taken so long for the "fight for $15" to get moving, we now need closer 20 $27/hr to keep up with the cost of living and rent going up.

 

[KingVamp]

Frankly $15 still isn't enough if you're living on the East or West coast. People already making that much currently are living out of tents in coastal states. Should be $20/hr there, $15/hr everywhere else, and a 2% annual raise for all positions to account for inflation.

Of course any progress is a good thing and I'm not gonna poo-poo it, $7.25 as a minimum was ludicrous.

Quite frankly, if they aren't going to raise it then they should do UBI. It would be more flexible than the across the board wage increase. Of course UBI and wages should be tied to inflation, like the CPI-W index. I can't tell if wages were never tied to inflation or just done poorly, either way is ridiculous.


$11 has been floating around. I'm sure the people not making this will take this, better than no raises at all.

 

[Jayro]

$11 has been floating around. I'm sure the people not making this will take this, better than no raises at all.

I've never lived anywhere that pays federal minimum wage, as Oregon and Washington both pay state minimum wage. My first job in 1999 paid me $7.25/hr and state minimum was $5.50 at the time.

 

[Xzi]

Quite frankly, if they aren't going to raise it then they should do UBI. It would be more flexible than the across the board wage increase. Of course UBI and wages should be tied to inflation, like the CPI-W index. I can't tell if wages were never tied to inflation or just done poorly, either way is ridiculous.

Oh it's gonna get raised to $15, probably incrementally, but Sanders isn't gonna give up this fight. UBI I think will be tied more to a tax on automation as that becomes more prevalent, as Andrew Yang has suggested. Thing is: the vast majority of jobs in the US are already service industry positions, and most of those require a human touch. We'll have to wait and see.

 

[KingVamp]

Well, all my jobs was above minimum wage, just didn't quite make it to $11.

Oh it's gonna get raised to $15, probably incrementally, but Sanders isn't gonna give up this fight. UBI I think will be tied more to a tax on automation as that becomes more prevalent, as Andrew Yang has suggested. Thing is: the vast majority of jobs in the US are already service industry positions, and most of those require a human touch. We'll have to wait and see.

They keep playing games, eventually more states are going to get tired of it and raise it themselves.


UBI funds have to be general. I'm pretty sure Yang's plan mainly relies on a Vat Tax. Otherwise people will fight on what' "automation" is and it would disincentivize automation. Not to mention, UBI would help people in general and not just soften the blow when more jobs are automated away.

 

[Valwinz]

Bernie aka the biggest loser that they stole his primary 2 times

 

[Xzi]

They keep playing games, eventually more states are going to get tired of it and raise it themselves.

A good portion of states already have minimum wages higher than the federal one, gotta drag the rest kicking and screaming to help the most people possible though.

UBI funds have to be general. I'm pretty sure Yang's plan mainly relies on a Vat Tax. Otherwise people will fight on what' "automation" is and it would disincentivize automation. Not to mention, UBI would help people in general and not just soften the blow when more jobs are automated away.

True, a UBI would be helpful this very moment, as a concept it's just much harder to sell to the general populace without also discussing the looming threat of mass automation, let alone the political class. It might be something that's easier to get started on a state-by-state basis, like marijuana legalization was.

 

[Taleweaver]

It would be a step in the right direction, yes. Iirc, it's not even about redistribution of wealth (though that's certainly a major asset) but just a fair catching up to the current state of living.

Otherwise said : minimum wage isn't enough to cover minimal expenses. And that's what makes this situation hugely important and probably critical. Because if you're working two (full time) jobs to make ends meet, it means you're stealing someone else's work. Whereas both those jobs should at least be enough for basic living.

But to be fair... Didn't this proposal already strand in the senate or house? I remember reading something about a handful democrats voting together with the Republicans.

Whether ceo's loans are too high is a different discussion. Since they own the company, I can't blame them for coding their own loan. So artificially capping it isn't a good idea. Rather, there should be systems in place that naturally reduce this. A higher minimum wage most likely helps (since the amount of money a company makes, you can't change one without the other), but a more progressive tax plan would be better. Unfortunately the US isn't just lacking in that department but goes in the opposite direction.

 

[Xzi]

But to be fair... Didn't this proposal already strand in the senate or house? I remember reading something about a handful democrats voting together with the Republicans.

Bernie tried to have a $15 minimum wage included in the COVID relief bill, but some Dems wanted it discussed and voted on as its own issue.