Re: It's not fair!

Why does everyone misunderstand me? You people should learn how to read and dont forget I did economics. I know how it works, but people who think no minimum wage is a good thing.. I dont even bother speaking to. I said there has to be one. End of story in my opinion. What you say is all correct and it has got to do something with what I said, but that's it really. That's handy information if you dont know how it works, but that's kinda it tbh smile

To make sure no one misunderstands me here:

I responded on Justinian I

Who said:

No minimum wages
No labor laws

I dont agree, though I do not always agree with the way they are applied. Capito? tongue

Re: It's not fair!

0rion,

I should amend my statement about no labor laws. I think we should eliminate the labor laws that explicitly impose barriers to competition, although I am in favor of those that impose a minimum on workplace safety etc.

As for minimum wages, again, I fail to see how it benefits workers. It increases unemployment, which increases competition for fewer jobs. That means the people who are employed have to do more work to produce the same. If anything, a minimum wage increases stress. How is that good for welfare?

Re: It's not fair!

> 0rion wrote:

> That is not what I was claiming, nor anyone else. There is a difference between a correlation (is that word right?) between economics and quality of life and seeing it as the same. I was claiming alot of people do the second thing



Fair enough.  No argument there.  I just wanted to make that clear that prioritization doesn't necessarily mean neglect of one or the other.

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

29 (edited by 0rion 12-Mar-2012 22:29:16)

Re: It's not fair!

> Justinian I wrote:

> As for minimum wages, again, I fail to see how it benefits workers. It increases unemployment, which increases competition for fewer jobs. That means the people who are employed have to do more work to produce the same. If anything, a minimum wage increases stress. How is that good for welfare?

I'm no expert in American economy so I could be saying things that do not apply completely to American situation, but...

When you take out Minimum wages you'll create a situation in which lower wages will drop, right? Normal and seems harmless. It does make people less motivated to search a job. This because goverment pays people to not work as well wink Makes the diffference too little.. This means people will chose to stay at home and take care of household more often, or just do nothing so whatever. Minimum wages should be set like that that it's worth to go to work but it does not make the companies back down on hiring people. This is the current Situation in Belgium..

I do understand its not everywhere like that.

Yet..

Without both (getting paid to not work/no minimum wages) companies will just take misadvantage of the situation. Ofcourse you can say it'll eventually all be allright because of natural balance (like a price of a product), still it'll do more damage than you clearly assume. Some people will have to accept whatever a company decides to give. Therefore mimimum wages are necessary.. but they shouldnt be set too high.

Re: It's not fair!

It doesn't matter what the minimum wage is: if it does not provide an income which can comfortably meet one's basic needs (shelter, food, clothing), it is redundant. 

As it is, with prices of goods and services required to support ones basic needs as high as they are, especially in urban areas where the jobs are, minimum wage is not a liveable wage.  Heck, 50k / year is not a liveable wage anymore in most places.

Re: It's not fair!

Xeno,

Sing along. "Scarcity, oh scarcity..."

Re: It's not fair!

Xeno get real

I live in Portland Oregon, and we are more expensive than most excluding New York City, San Fran, and such.

Rent is $700 for two bedrooms at the vast majority of apartments. Insurance requirements by the State are high, the pool limited, so pretty high rates. Food there, while no sales tax, is higher priced than many major cities I drive through.

Yet a person needs to learn to adapt.


Cannot afford stuff? Work a second job part time (been there, done that, also worked overtime a lot)

Want to live cheaper... rent a room... I pay $390 a month for my room, utilities and cable tv included.

Eat cheaper meals? Yes I have eaten top ramen most of a week for lunch and dinner, and a cheap meal for breakfast (never worth more than $2)

Buy used, but in good quality clothes... yes I have done that to.

Get free stuff as donations time to time (Salvation Army for instance in my area provided me a food box when I was needful, as did other places.


Point is... you can survive in Portland Oregon for less than $12,000 a year.


My current numbers are skewed due to employment... as I spend $500 a month on food (truck stops are not cheap), $140 a month for my smart phone plan), add insurance, rent, and such... and I can float by on $15000 a year probably... though then no new laptop each year (spent $1400 for the most recent Republic of Gamers laptop by ASUS), C Note gifts to family, games, top level clothes, new toys (remote control helicopter I will give to my brother, but only after playing with it first), and other luxuries.

So yes my expenses are higher, but I can live very cheaply if I have to.

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: It's not fair!

Flint,

When I lived in WA, I was living comfortably making $8.50 (minimum wage there) an hour with three room mates smile. Hell, I typically saved 60% of my income, and that was while I spent somewhat imprudently.

I would have pushed the limits of my income if I lived alone, but its preposterous to say people have a right to live alone. Live with others if you can't afford it!

Re: It's not fair!

> Justinian I wrote:

> Flint,

When I lived in WA, I was living comfortably making $8.50 (minimum wage there) an hour with three room mates smile. Hell, I typically saved 60% of my income, and that was while I spent somewhat imprudently.

I would have pushed the limits of my income if I lived alone, but its preposterous to say people have a right to live alone. Live with others if you can't afford it!





For the record, that's $7,000 actually spent on goods and services per person, with around $10,000 saved, per year, assuming 40 hours a week worked, every week.  Just wanted to get the math out here so we have an accurate comparison.

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

35 (edited by Justinian I 13-Mar-2012 05:57:11)

Re: It's not fair!

Zarf,

$17,000 is still "poor," and the fact I was able to save that percentage shows just how easy it is to live comfortably with room mates.

On the national minimum wage of $7.25, I would have made $15,000 a year. With three room mates working, I could have easily saved $7,000 in one year.

36 (edited by Zarf BeebleBrix 13-Mar-2012 06:04:37)

Re: It's not fair!

Oh, I'm not trying to make an argument on the truth value of the statement.  I was merely converting it to an annual income for the purpose of comparison to xeno's argument, for the ease of readers.

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

Re: It's not fair!

"Rent is $700"

OMG What age are we living in, the Feudal era?  Rent?  Are you kidding me?  This is supposed to be the 21st century, Einstein.  Nobody in their right mind should pay rent.  Rent.  Pfft. 

"Cannot afford stuff? Work a second job"

Lol.  Their aren't first jobs, let alone second jobs.  Want to know why, Einstein? BECAUSE PEOPLE AREN'T BUYING STUFF

"Point is... you can survive"

Lol.  Are you kidding me?  Subsistence labor?  That is what we have engineered all these gizmos for?  This is what we fought for when we sent soldiers off to war?  This is why we go through 22-25 years of university? To SURVIVE on a minimum wage job?  To commute 2 hours a day, spending most of our disposable income on gas and cigarettes?

You've GOT to be kidding me.

We should have a society we would WANT to fight to protect; now, we don't, thanks to neo-malthusianism / Regan economics

Re: It's not fair!

Xeno, you claimed people can't SURVIVE unless they made >$50,000. You made no claims on the quality of life.

"OMG What age are we living in, the Feudal era?  Rent?"

Feudal era? No. I can go rent elsewhere if I find my current apartment unsatisfactory.

Brother Simon, Keeper of Ages, Defender of Faith.
~ ☭ Fokker

Re: It's not fair!

Simon, a.k.a. Fokker

They are talking about survival.  This is the 21st century.  This should not even be a matter of contention.  Our ancestors did not establish our countries, fight wars, struggle, build roads, dams, grids, schools, universities, airplanes, and spacecraft, for it to be the common expectation that people would need to SUBSIST on minimum wage jobs, renting, dying old and broke.

I never claimed it took 50k / a year to survive.  What I am said is 50k / year is the minimum LIVEABLE wage, as in with 50k / year one can begin to think about actually LIVING: that is OWNING their home rather than having to rent it; starting a family; saving / investing for their child's education and their retirement; and thereby being able to be responsible adults.

Anything less is unfeasible.

Re: It's not fair!

And what you sugest if you get a child then? The child aswell is supposed to live off top ramen and the parents 7,25 an hour?

LORD HELP OREGON

Re: It's not fair!

I am not Fokker.

This is quoting you from post #30 "minimum wage is not a liveable wage". There is no question on what "liveable" means. If you are suggesting minimum wage does not provide a "quality" life (I agree btw), then that should be clear.

"This should not even be a matter of contention."

I put "quality" in quotes because it's clear we have different ideas on what that is too. In the United States, it is very common to rent. I simply cannot see how a renter is in any way less living than a homeowner.

Brother Simon, Keeper of Ages, Defender of Faith.
~ ☭ Fokker

42 (edited by ~Wornstrum~ 14-Mar-2012 15:00:01)

Re: It's not fair!

I know people who have bought a house whilst only earning $40k a year...houses in my country are also alot more expensive than the US (we had a convo with Arby3 one night about the cost of buying a house), and the cost of living I would argue is a lot more than most cities in the US:
- (http://en.wikipedia.org/wiki/List_of_most_expensive_cities_for_expatriate_employees): 4 Australian cities are on that list above NYC
- (http://www.huffingtonpost.com/2012/02/16/most-expensive-city_n_1281845.html#s701800&title=1_Zurich_Switzerland): 2 Australian cities are listed in the top 10, and not one mention of the US
- (http://www.heraldsun.com.au/news/more-news/melbourne-ranked-8th-most-expensive-city-in-the-world/story-fn7x8me2-1226270867159): Again, 4 Australian cities ranked in the top 20 (my city is 12th on the list of most expensive)

You have no idea how rediculously expensive things in my city are to buy, rent, sharing with 2 other people, PER PERSON is $150AUD (which at the moment the AUD is worth more than the US $ wink...also there was a shortage of houses and middle income earners had trouble finding houses to rent...), a gallon of petrol (had to do a conversion) is about $5.50AUD per gallon, and if you want me to do some more conversions, let me know...I say this to make a point, on $38k a year, I was able to survive and live comfortably (in one of the more expensive cities in the world)...

Now, just for shits and giggles, just some comparissons of the cost of living in China big_smile...a bus trip: 15c (compared to $3.60 back home), taxi trip from the city centre to the middle suburbs: $3-4 (this one makes me laugh every time I take a taxi...back home, $20+). Eating out at a restaurant: $3 (back home, $40)...the fanciest of fancy restaurants: $20 (I even get live seafood big_smile...back home, $100 and it is for a small meal and not even that decent). Kilo of bananas: $1.50 (back home, ranges from about $10-20). Rent (and this is a 1 bedroom apartment includes utilities): $300 a month (back home, is easily $150 a week for a terrible 1 bedroom apartment)...

So $50k should be adequate with money to spare...

"spending most of our disposable income on gas and cigarettes?"

One thing, why is someone who is strapped for cash smoking?

I give your invention the worst score imaginable. An A minus MINUS!
~Wornstrum~

Re: It's not fair!

seriiously 10-20 $ for a kilo of bananas? thats ridicoulus i mean so ridicoulus theres no way i will believe it

LORD HELP OREGON

Re: It's not fair!

Who do you work for Wornstrum?

Everything bad in the economy is now Obama's fault. Every job lost, all the debt, all the lost retirement funds. All Obama. Are you happy now? We all get to blame Obama!
Kemp currently not being responded to until he makes CONCISE posts.
Avogardo and Noir ignored by me for life so people know why I do not respond to them. (Informational)

Re: It's not fair!

Noir wrote:

seriiously 10-20 $ for a kilo of bananas? thats ridicoulus i mean so ridicoulus theres no way i will believe it

"bananas"

Re: It's not fair!

Remember, there could always be a ridiculously high pile of trade barriers on bananas (perhaps to promote the consumption of alternatives to bananas).  Since bananas only grow in certain climates, the cost of bananas could be raised arbitrarily high... so yes, it is definitely possible.

Make Eyes Great Again!

The Great Eye is watching you... when there's nothing good on TV...

47 (edited by ~Wornstrum~ 14-Mar-2012 16:15:07)

Re: It's not fair!

Yeah, most banana's are produced in northern areas of Australia. Also, I should point out that the area will always be hit by cyclones every year, which do cause major damage to crops. If it is a bad year (which recently, it has been bad), most of the produce is wiped out, which means supply drops, demand doesn't drop as much, and BOOM! $20 a kilo...when I was checking for class, I saw banana's online at Woolworths for $2.50 EACH...

Also, Perth is the furthest city in the world from any other city. Its supply lines aren't exactly the best, and most produce is actually local. Since Perth is too far south to grow bananas, they get shipped from Canarvan, and when that town is hit by bad weather, they get imported from Queensland. There are no train lines from Queensland to Perth directly, there are no direct roads (the middle of the country is mostly just mine sites, and some of the interior roads in Western Australia aren't even paved), so transport from there will most likely go through Sydney. I also think they they do not use trains to move cargo, but I do believe that most cargo is moved by sea (very slow transportation, especially with the docks in Perth).

Perth is a city where you get nothing special...seriously, it was almost impossible for me to find decent coconuts...and even in the entertainment field, we get few music artists or celebrity visits, we had the Commonwealth Games once I think, and even in sports, we get very little in Perth (every year, we get 1 ICC cricket match, and never any final matches of any sports, except maybe quarter finals in AFL, where Melbourne gets a few AFL matches every week).

The isolation of Perth is the reason it is one of the more expensive cities to live.

"Who do you work for Wornstrum?"

Well, I have changed jobs a few times. I started out working in hospitality, barman or waiter, which was good pay considering the hours I put in (my record was almost 16 hours without a break...I also wanna point out I got paid by the hour, up to $25 an hour normal pay, and then bonus pay for holidays wink). Whilst I was in hospitality, I was also a student, studying Network Engineering, and when I finished I went into that industry...which was tech support...I am so embarrased! Anyway, was earning $38k working on phones, so that didn't last long, and I quit that to go back to studying, which is when I started my Chinese and International Relations degree. I worked back in hospitality at the point, earning $23 an hour.

I give your invention the worst score imaginable. An A minus MINUS!
~Wornstrum~

Re: It's not fair!

"$25 an hour normal pay"

I take that is from the barman/waiter position? Did it include tip?
Either way that sure beats $38k tech support.

Brother Simon, Keeper of Ages, Defender of Faith.
~ ☭ Fokker

Re: It's not fair!

"I take that is from the barman/waiter position? Did it include tip?"

Yeah, barman and waiter. I was getting $25 because I was doing the bar managers job (whilst they looked for another manager to replace the old one). I was later offered the job, but turned it down. Also, was getting $25 as a waiter because I was still doing bar work at the same time. I was one of the oldest staff members (hospitality goes through staff very quickly) and also rather versitile. I would even work 7 days a week at one point (it sucked so much, study in the day, work at night, never had a day off...I would also only get 2-3 hours a night sleep, and went that way for months until I feel asleep behind the wheel of my car and slammed into the back of another car...good times).

This did not include tips, but I would only get tips as a waiter, and could take away $0 - $100+ in a night (Australia doesn't have a tipping culture, but you can get a good run...another waiter would also compare tips, so we always had a running competition tongue).

"Either way that sure beats $38k tech support."

Well the great thing about tech support was, I worked the graveyard shift, so also get another 20% bonus, so that went up to almost $46k a year, and because of the hours, all I did was work and play WoW which mean't I saved so much money. At one point, I had almost $15k sitting in a bank from half a year of saving...I did blow all that in less than a month (holiday, new entertainment system, etc big_smile)

I give your invention the worst score imaginable. An A minus MINUS!
~Wornstrum~

Re: It's not fair!

Post #49

Life isn't fair X(

"I feel asleep behind the wheel of my car and slammed into the back of another car"

Glad you're okay tho big_smile

Brother Simon, Keeper of Ages, Defender of Faith.
~ ☭ Fokker