05-30-2019, 05:38 PM
(08-04-2015, 07:39 AM)RolloTheGreat Wrote:(08-04-2015, 06:41 AM)SickBeast Wrote: I agree with paying people a decent minimum wage but $70K/year is just absurd. I think $15/hour is a good figure and a fair wage for basic jobs with low requirements. You can at least eek out a basic living in most places on that much. If everyone made $70K it would drive up the price of everything to the point that $70K/year would not be enough to get by on for most people.
Actually what I think would be great is if you made the minimum wage $15/hour plus allow people to earn $20-30K tax free each year.
No way, you think?!
Of course it would because a. the money has to come from somewhere and higher costs of good would be where b. even vendors paying wages nowhere near the $70K get that there is more money flowing and jack up their prices
The dumbasses who think "The jig is up! Those rich guys have to pay out of their deep pockets and now we will all prosper!" need to Google "cost push" and "demand pull" inflation.
It's also way past crazy thinking that people who have been making $70K to do skilled work won't expect to make a lot more than that if the cafeteria workers start making that to hand out jello.
SickBeast and I got it 4 years ago, and I still get it now.