From politician Ralph Nader:
Important Minimum Wage Facts
- Forbes Top 25 CEOs rake in more in just one hour of work than the average minimum wage worker does in a year.
- The working poor continue to be hard hit by the Wall Street crash and are struggling to afford basic necessities.
- Taxpayers subsidize big-box store low-wage workers who are often forced to supplement their McDonald’s or Walmart wages with various welfare services. A study by the Democratic staff of the U.S. House Committee on Education and the Workforce found that a single Walmart costs taxpayers at least $904,542 per year and could cost taxpayers up to $1,744,590 per year – about $5,815 per employee.
- Poll after poll has shown that about 70 percent of the American public — including a majority of Republicans — support increasing the federal minimum wage.
- When low-wage workers receive a wage increase, they spend that money back into the economy to pay for the necessities of life. In 2011, a Chicago Federal Reserve study showed that for every dollar increase in the hourly pay of a minimum-wage worker, the result was $2,800 in new consumer spending from that worker’s household over the year.
- Studies from the Economic Policy Institute indicate that a $10.50 hourly minimum wage would increase economic activity by at least $30 billion over each of the first two years and add 140,000 jobs.
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Iowa’s minimum wage is $7.25 and the federal minimum wage is $7.25. What are your opinions, is this too low or too high?
I think you guys are really confused about who is “rich” and who is not. The man collecting $1000 a month in SSI and food support, free medical and dental, $2 prescription fees per drug. Subsidized housing, help with utility bills in winter, property tax refunds and does not have to work is RICHER than the man who is a slave to the dollar and has to work all the time.
@steal – I think you should clarify your terms. The low life bottom feeder who gets the welfare, food stamps, housing, etc. is not a man. And he knows he’s not. To someone like you, pride, respect, being a real man, being a viable part of society, is something you know nothing about, and never will. A person who works for what he gets, pays his own way, can stand a little taller because he knows what he has, he has earned. From your posts, I believe your mama brought you up to worship that welfare check as something you were entitled to. Therefore, your whole life has been sucking off the hind tit. And while you may feel richer then I am, I’m satisfied. Ya, I’m content.
There’s an old polish proverb that says, “chit in one hand and hold your pride in the other and see what you’re left holding” or something like that.
http://www.youtube.com/watch?v=ykuGCT2uixk
Ferengi Rules of Acquisition number 109-Dignity and an empty sack is worth the sack.
@justsaying..
So the rich get richer,and the poor get poorer? Hows that justifiable?
@Sonnie – The rich get richer because they are willing to work, save, and earn their way to their place in life. Your phrase “the poor get poorer” is acknowledgement that the bottom feeders don’t have the initiative or ambition to raise their place in life. The poor get poorer and stay poorer because they don’t want to get a job since that would mean they would have to accept responsibility and have to work for a living. If you want to blame someone for the poor being poor, then blame the poor for choosing that state in life. As I have said, being poor is a choice so that they can use drugs, be alcoholics, and have children all on govt. welfare.
@just saying-you are being pretty hard on people you don’t even know. There are lots of reasons some people are poor you know. Not all are lazy or don’t want to work.
I would say 9 out of 10 are just that.
Less people on welfare if they were able to make more money, I say raise the minimum wage to $10.00 an hour.
Raise the minimum wage and see what happens. Prices go up so the businessman can cover the loss of income he is now forced to pay out. Businesses’ cut back on their labor force and/or cut their employees hours back to stabilize income vs expenses for their shop. Where is it written that everyone is entitled to a $200/mo cell phone bill and a $250/mo tv package? And if people don’t want to work for minimum wage, let them go out and get a job that pays them what they think they are worth. Worlds turning into a bunch of crybabies.
” let them go out and get a job that pays them what they think they are worth.”
Why should they do that when they can get a gubment job that pays much more than that.
“In 2011, a Chicago Federal Reserve study showed that for every dollar increase in the hourly pay of a minimum-wage worker, the result was $2,800 in new consumer spending from that worker’s household over the year.”
So they get $2080 in higher wages and spend $720 they don’t have on stuff. TNB
Lower the gas prices, problem solved!
Is it too low? Well, let me put it in this perspective, 30 years ago the minimum wage was 3.35 and hour and everything today is at least three times more expensive. So, the minimum wage is at it’s lowest point it’s ever been at, adjusted for inflation.
I don’t know if we should force employers to pay more, but one thing is certain that all Iowans can agree on. If a minimum wage worker chooses to smoke cannabis instead of drinking a cold brew after a hard days work, we MUST destroy his life as vigorously as humanly possible. Catching a felony is always plus. These actions employ cops, counselors, treatment centers, prisons. ALL industries that pay more than minimum. SUPPORT your local jail and just say yes to these government actions as they employ “normal” people.
-typical MC redneck
What a IDIOT.
I second your motion, LVS.
Are you stupid or just dumb.