The Minimum Wage and Hourly Rates Thread

[Jazz4ever]

Pretty good debate between Ben Shapiro and democratic representative Ro Khanna on minimum wage. Ben is the king of free marketers who says 0 should be the min. wage.

 

[Saint Cy of JFC]

Living Wage Calculator

livingwage.mit.edu

 

[LogGrad98]

It's worth addressing, I just haven't heard anyone address it. Care to take a stab at it?

The poll says most are in favor of starting with an increase to the minimum wage to $15 per hour. No one said that was the only thing, pretty much everyone agrees it is only a start. We have had lot of ideas floating through the thread. Care to add to it or are you just going to poo-poo everything if it isn't a comprehensive fool-proof idea that meets all of your lofty standards?

 

[Beer]

Living Wage Calculator

livingwage.mit.edu

That is helpful. Seems fine. $14 in utah, $12 in Arkansas, $19 in California.

 

[LogGrad98]

That is helpful. Seems fine. $14 in utah, $12 in Arkansas, $19 in California.

Much broader than that. Looks interesting though.

This is just San Bernardino county, where I work.

So to have a stay at home spouse with a child it would require the one working to earn $34.04 per hour. For a single parent with 1 child, $36.31, somewhat more likely due to child care expenses. Goes up from there.

 

[LogGrad98]

Here is Utah, just Salt Lake City though.

Not that far off California to be honest. Single parent with 1 kid at $30.59 vs Cali at $36.31. I honestly expected a $10 difference between the 2.

 

[One Brow]

2 adults, and 1 breadwinner? Or 2 adults both making minimum would put them above the 50% line?

One breadwinner for 2 people, not necessarily adults.

 

[LogGrad98]

One breadwinner for 2 people, not necessarily adults.

According to the calculator above that would be right around $30 in Salt Lake City.

 

[One Brow]

According to the calculator above that would be right around $30 in Salt Lake City.

Given a poverty wage of 8.29, that's more than 3.5 times the poverty level. That seems extreme for a minimum wage, to me.

 

[LogGrad98]

Given a poverty wage of 8.29, that's more than 3.5 times the poverty level. That seems extreme for a minimum wage, to me.

Guess it depends on how they are calculating a "living wage" and maybe you are underestimating.

 

[Eminence]

The trickiest part for me is always healthcare costs. If those weren't a factor I could give a pretty good estimate (for places I've lived) of what I feel a 'living wage' was.

Iowa, one of the bigger towns (sure you could buy a dump an hour from anywhere for cheap, but that by definition can't work for the majority of people), you could probably find a place to rent in the $800 range for a decent place (aka not next to a meth lab). I feed my family for about $400 a month, but recognize I'm a bit on the cheap side there. Car insurance, utilities, internet, clothing costs, bit left over to do some actual living on, maybe a bit left to put away. I think overall you're looking at ~$2000 a month on the pretty low end. So that'd be in the range of $12 an hour (post-taxes) here in Iowa if there was some sort of universal healthcare.

Central Texas, more expensive, probably closer to ~$15, South Dakota a bit cheaper ~$10.

 

[fishonjazz]

How about not raising the minimum wage at all and coming at this from another angle.

Make **** more affordable. Home prices are out of control. Regulate that ****. Make the cost of living go down and there wouldn't be as much need to change wages.

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