Published: Wednesday, April 2 2014 12:00 a.m. MDT
Cause: Bush tax cuts. Effect: 'Study: Rich get a
lot richer, outpace middle class' - By Andrew Taylor - AP - Reported by the
Deseret News - 10/26/11 'The study comes from the
Congressional Budget Office and is based on IRS and Census Bureau data. It
finds that after-tax income for the top 1 percent of U.S. households almost
TRIPLED, up 275 percent, from 1979 to 2007. For people in the middle
of the economic scale, after-tax income grew by JUST 40 percent.'
But of course this is impossible, according to the pathologically greedy
employers among us.
A REAL world business story [as opposed to AM radio Midway Parrots], supporting a wage increase.The Rich do not spend, they don't
need to - they already have everything they need, want.They horde and
squirrel away -- which stiffles the economy.
Just what does $10 per hour buy the breadwinner? If the worker got to take home
100% of his wage (which is impossible), he would earn $20,000 a year, or $1,666
per month. If the worker wants to own a home could he afford $1,000 a month for
a very modest home (including property taxes and insurance)? Is he going to
walk to work? If not, can he afford to buy a car, even for $150 a month, buy
two tanks of gas for $100 a month, pay $250 a month minimum for electricity,
heating and local-area-only telephone? If he did, Can he feed his family and buy
their clothes for $166 a month? If he pays tithing, he's $40 in the hole
before he feeds his family and buys clothing. What about medical? Does his
employer pay 100% of all medical bills? Does his employer even provide
insurance? Where is he going to find even the co-pay?Minimum wage
was not meant to be a living wage. It allows unskilled workers to get in the
job market without bankrupting good-hearted employers.
"Americans understand that some people will earn more money than others, and
we don't resent those who, by virtue of their efforts, achieve incredible
success. That's what America's all about." President Barack
ObamaStill a lot of resentment going on, despite the words of our
@Mike RichardsSouth Jordan, UtahDid you read the article?This was not me.This was written by a small business owner,
who completely disagrees with your opinion -- and has given good solid
evidence to the contrary.I know the America you want, and we
don't want to live in Somalia.
Being from Baltimore... I can see why they would assume the solution must be a
government mandated minimum wage. But from the letter... I can tell they know
the REAL solution.They CHOSE to pay their employees more than the
minimum wage. They didn't wait for the government to mandate it. THAT
is the solution.====VERY few jobs deserve the
"minimum" wage. Only jobs a trained monkey could do. People running your hardware store, and dealing with your customers deserve
more than minimum wage. IMO they deserve more than $10.00/hour. And you can
give them more than $10.00/hour... without a government mandate. You
don't have to pay your employees the "Minimum" wage!====More employers should do as they did... pay your employees
more than the "minimum" wage! Pay them what they are worth to you!
You would have only one small store, run just by you, without them!====The "minimum" wage doesn't drive the economy.No job requiring skills and hard work should be paid the
"minimum" wage.===The solution is...Don't work for people who only pay the minimum... they will fail and be
replaced with businesses that do...
per Mike Richards"Minimum wage was not meant to be a living
wage. It allows unskilled workers to get in the job market without bankrupting
good-hearted employers."You might get employees who were more
diligent with better wages, but, concur with Mike. Most people IMO earning
minimum wage are people entering the job market and/or kids working their thru
Two questions. If the minimum wage is raised to 10.25 what will you then pay
your workers? If you pay them 13.00 an hour so they are not working for minimum
wage, were will you get the extra moneys to cover the wage increase?
I almost forgot... the real solution doesn't work in America anymore.Because if Americans refuse to do these jobs (because they don't
pay enough)... there are 11 million people in this country to do the "jobs
American's won't do"... just waiting in line for those jobs.Maybe we do need the government mandate. Because we KNOW the
government aint going to do anything about the 11 million people here making the
real solution impossible.===Now that I think about it...
Some employers aren't going to pay above the minimum unless they have to.
And they don't have to... as long as they have a long line of people
willing to do the job for the minimum (or less).
Mike,You asked "Just what does $10 per hour buy the
breadwinner"? I will help you, 25% more than $7.25 and hour buys them. No
it may not get them to the American dream, but I am pretty sure the owner of the
Ace Hardware stores who wrote this article doesn't leave her employees at
$10.10 and hour for their entire career. She understands happy employees who
feel respected by the boss are better employees and more productive which is
especially important to her in the customer service business. A
country that has a small wealthy elite class and a large poor class will not
survive. The tax policies of the federal government of the last almost 40 years
have benefited the rich and created a society with a disproportionate amount of
wealth is held by a small group. If this continues, this country will not
survive, plain and simple. You can blame, rationalize and make all the excuses
you want, but history tells us that we will be in a civil war at some point,
because those on the bottom have nothing more to lose.
I think we should lower the minimum wage to $5 for a couple months.
Then, as those workers can't pay rent, don't buy cloths, don't
buy food and other things we;ll see the same business community crying for a
raise in the minimum wage to $15 an hour.
LDS Liberal,I, too, am a small business owner. Back in 1978, I paid
my employees $18.00 an hour. They did technical work. They were expected to
know what they were doing. They had to be well qualified. By the way, if you
don't remember, back then a very good wage was $4.50 an hour. I know that
because that is the wage that I left when I started my own business. At $18 an
hour, they had real buying power. Because of the efficiencies that the computer
equipment that I designed and programmed, I also made a good living. I would not
hire anyone who was not fully qualified to do the job required. I would not
hire anyone who didn't show up every day on time and put in a full
day's work for a full day's pay. They expected the same from me.Those who were willing to work for "minimum wage" were not
qualified. They were satisfied with doing the minimum. I didn't need them.
Excellent "My View" piece from a business owner. The only thing that
would be better than paying employees a living wage would be to give them a
share of the ownership, since they certainly have earned it. That would put even
more money in the hands of those who make the economy go: consumers.
LDS Liberal,Nobody in my field who is qualified would be satisfied
with an hourly wage of $69.62 an hour. That is far below "entry level"
wages for systems admins. People in my field are well paid because they perform
a service that is valuable. We administer millions of dollars worth of hardware
and software. We have been trained. We have become qualified. We are not
satisfied with doing as little as possible to get through life, but to be able
to do whatever is required of us.When we hire people, we hire people
who have the same attitude as we have. We will not take a chance on someone who
cannot do the job on the day that he is hired.Minimum wage or
near-minimum wages are paid to people who have not qualified themselves for
higher wages. There are two ways for a person to earn more. He can
risk his own money and hope that he knows what he is doing or he can be well
trained. Waiting for "minimum wage" to lift him will never help.
@2bits"The solution is...Don't work for people who only pay
the minimum"The problem with that is that the people who need to
scrape together whatever they can just to get by don't generally have the
flexibility to stage that sort of boycott.
At the end of the day, between this and other stories in the media, I don't
understand why conservative hate other people, especially the weaker and poor,
LDS Liberal,Thank you for telling me about too prideful. My
religious leaders do not share your opinion. They were appointed to their
office by those having authority. We visit regularly. Did anyone with authority
appoint you to be my priesthood leader? (I'm politely trying to tell you
that are acting as a judge in Israel without having been appointed to that
position.)If you have advice to those who think that they are owed a
better wage without providing greater value, we're all waiting to read your
opinion; but, if you're only concerned with telling those of us who have
worked 80 hour weeks for thirty years that we're being overpaid for our
expertise, then you're wasting your time. Let me tell you a
little secret. It takes a lot of money to raise eight children and one foster
child. It takes a lot of money to send five children on missions. It takes a
lot of money to house them, clothe them and to feed them.The Lord
has been generous, but He expected me to prepare myself and to work hard six
days a week.
I think the fundamental assumption of this article is flawed.The
MINIMUM wage doesn't drive the economy. And no strong economy has ever
been built on a MINIMUM wage (high or low).You can't build a
strong economy on a weak minimum wage. And you can't build a strong
economy on a strong minimum wage. Economies aren't driven by the minimum
wage.===STRONG economies are build on OPPORTUNITY....
(not minimum wage laws). Opportunity to increase your wage WAY above the
Minimum-wage.===To have a strong economy... we need more
opportunity... Which means more people willing to develop their skills, and more
businesses willing to pay more and take the place of the businesses that fail
because they are only willing to pay the minimum, so they couldn't attract
the best employees.===If you think people aren't
paid enough... start your own business and pay yourself what you think you are
worth, and pay your help what they are worth. Don't expect the government
to force others to do what YOU want. Just do like the people in the article...
start your business and pay your help more than minimum!Be the
To "Pagan" obviously following your advice won't work. We have now
had Obama in office for the past 6 years, leading the economy. Lets see how
well liberal policies work.From Investors "Household Incomes
Fall In August, Down 8.2% Under Obama " apparently the average household is
earning less under liberal policies than under conservativeish policies.From the Huffington Post "Income Inequality Worse Under Obama Than
George W. Bush". I think that says it all.Why listen to people
who have a track record of killing incomes for the average worker and boosting
their wealthy supporters?For you liberals out there, explain why a
person needs to earn more now than in 1950, adjusting for inflation? The
article stated that the minimum wage is roughly the same as it was in 1950, that
means you have the same buying power as you would have had back then. Why do
you need more buying power now, what has changed except for greedy workers that
want more "stuff"?
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