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![[Post New]](/s/i/i.gif) 2013/10/01 01:03:02
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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So minimum wage jobs shouldn't be expected to support families then? I'm not saying I disagree, but I imagine all the McDonald strikers would.
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![[Post New]](/s/i/i.gif) 2013/10/01 01:05:19
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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cincydooley wrote: So minimum wage jobs shouldn't be expected to support families then? I'm not saying I disagree, but I imagine all the McDonald strikers would.
No, but if you go by that standard I linked earlier, 2 minimum wage jobs could support a family (that is if both adults in the family work 40 hours a week each). But that'd require McJobs to hire workers for 40 hours a week.
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This message was edited 1 time. Last update was at 2013/10/01 01:07:27
DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 01:14:18
Subject: Cali raises minimum wage to 10$ an hour
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Depraved Slaanesh Chaos Lord
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I love statements like yours because it represents such a disingenuous attempt to justify what can only be your own spiteful and impotent malice towards others. I mean, the arrogance you must have to think that you're fooling even a single person into thinking you have a reason behind your statement other than "because everyone should suffer for a while" is off the charts. I could at least respect your honesty if you would just say "I think every entry level position should involve a once-weekly violent beating, just to punish someone for holding an entry level position. Then, when they prove themselves, they can get promoted and no longer require the beating". Because that's basically the pure form of your argument once all the obfuscations of outright lies and bs is wiped away.
cincydooley wrote:And it all comes back to this "living wage" and how many people it should be intended to support.
hotsauceman1 wrote:1 person. It should support one person full time.
There's your answer. You shouldn't get rich off of entry level, but you shouldn't starve, either.
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![[Post New]](/s/i/i.gif) 2013/10/01 01:33:31
Subject: Cali raises minimum wage to 10$ an hour
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5th God of Chaos! (Yea'rly!)
The Great State of Texas
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Again, define support.
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-"Wait a minute.....who is that Frazz is talking to in the gallery? Hmmm something is going on here.....Oh.... it seems there is some dispute over video taping of some sort......Frazz is really upset now..........wait a minute......whats he go there.......is it? Can it be?....Frazz has just unleashed his hidden weiner dog from his mini bag, while quoting shakespeares "Let slip the dogs the war!!" GG
-"Don't mind Frazzled. He's just Dakka's crazy old dude locked in the attic. He's harmless. Mostly."
-TBone the Magnificent 1999-2014, Long Live the King!
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![[Post New]](/s/i/i.gif) 2013/10/01 01:34:07
Subject: Cali raises minimum wage to 10$ an hour
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Arch Magos w/ 4 Meg of RAM
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azazel the cat wrote:
I love statements like yours because it represents such a disingenuous attempt to justify what can only be your own spiteful and impotent malice towards others. I mean, the arrogance you must have to think that you're fooling even a single person into thinking you have a reason behind your statement other than "because everyone should suffer for a while" is off the charts. I could at least respect your honesty if you would just say "I think every entry level position should involve a once-weekly violent beating, just to punish someone for holding an entry level position. Then, when they prove themselves, they can get promoted and no longer require the beating". Because that's basically the pure form of your argument once all the obfuscations of outright lies and bs is wiped away.
What?!?
There's no way that the beating would ever stop, if anyone is ever happy with their life or career our system of capitalism will immediately fall apart without every last person greedily hording every scrap they can beg borrow and steal from eachother.
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Godforge custom 3d printing / professional level casting masters and design:
https://www.etsy.com/shop/GodForge |
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![[Post New]](/s/i/i.gif) 2013/10/01 01:42:51
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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I wasn't trying to put any BS I there or be disingenuous at all: entry level jobs are typically those where you're the bitch. You do the gak work. You get the coffee. Beatings have nothing to do with it, and quite frankly I don't know what point you're trying to make. I'm actually convinced there isn't one.
But by all means, show me some entry level positions that aren't entirely thankless and I'm more than happy to listen.
The problem with the "livng wage" supporting 1 person, or as Alf stated two supporting a family of 3, is that none of the people striking at mcdonalds want to only support a family of three. In all the articles and interviews, the sob stories are about people that have made poor decisions and have famikies larger than 3.
I'm not opposed to a living wage being made for a single adult. At all. But I also think there are things people want to include as part of a living wage that aren't at all required for living. Cable, cell phones, etc.
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![[Post New]](/s/i/i.gif) 2013/10/01 01:59:40
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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I did earlier in the thread Frazz. Housing, food, health care (i.e. being able to pay for that emergency room trip because you're an eligible bachelor with no health insurance  ), and transportation (bike, car, bus, subway).
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DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:01:27
Subject: Re:Cali raises minimum wage to 10$ an hour
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Fixture of Dakka
Kamloops, BC
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If Americans truly care for meritocracy they should be in favour of having liveable wage for low skill work as what is required to advance yourself up the social ladder is time and education if you have to work 2 full-time minimum wage jobs just to survive where are you going to to get the time
to better educate and improve yourself?
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This message was edited 1 time. Last update was at 2013/10/01 02:01:37
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![[Post New]](/s/i/i.gif) 2013/10/01 02:22:06
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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It's much easier for the working poor or the children of the working poor to go to college than the middle class, should they choose to want to.
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![[Post New]](/s/i/i.gif) 2013/10/01 02:26:29
Subject: Cali raises minimum wage to 10$ an hour
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Member of the Ethereal Council
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Huh? How does that work?
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![[Post New]](/s/i/i.gif) 2013/10/01 02:29:50
Subject: Cali raises minimum wage to 10$ an hour
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5th God of Chaos! (Ho-hum)
Curb stomping in the Eye of Terror!
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Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
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Live Ork, Be Ork. or D'Ork!
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![[Post New]](/s/i/i.gif) 2013/10/01 02:31:13
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
This was my issue getting college assistance as well
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DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:33:37
Subject: Cali raises minimum wage to 10$ an hour
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[DCM]
Dankhold Troggoth
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DC narrowly failed to raise minimum wage to $12.50 per hour just a few weeks ago. It got vetoed because tons of stores were going to cancel plans to build there, most notably Walmart. I'm no Walmart fan, but $12.50 for even your most inexperienced employee would make them unable to operate in the city.
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![[Post New]](/s/i/i.gif) 2013/10/01 02:33:59
Subject: Cali raises minimum wage to 10$ an hour
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Fixture of Dakka
Kamloops, BC
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cincydooley wrote:It's much easier for the working poor or the children of the working poor to go to college than the middle class, should they choose to want to.
How does a child with an unhealthy diet, little to no parental supervision, less access to extracurricular activities, lives in an unsafe neighbourhood, lives in a culture that doesn't value education, etc have a much easier time at going to college?
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![[Post New]](/s/i/i.gif) 2013/10/01 02:35:03
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
And I'll third that. I believe the government told my parents their expected contributions, based on their total combined salaries (and completely ignoring expenses and 2 other siblings) was like, $22k a year. Needless to say that didn't happen.
But yeah, if you're a middle class white male you are literally in the demographic that is hardest to get a grant or scholarship for.
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![[Post New]](/s/i/i.gif) 2013/10/01 02:38:28
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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cincydooley wrote:But yeah, if you're a middle class white male you are literally in the demographic that is hardest to get a grant or scholarship for.
As always I'm reminded of this article.
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DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:39:26
Subject: Cali raises minimum wage to 10$ an hour
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5th God of Chaos! (Ho-hum)
Curb stomping in the Eye of Terror!
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Cheesecat wrote: cincydooley wrote:It's much easier for the working poor or the children of the working poor to go to college than the middle class, should they choose to want to.
How does a child with an unhealthy diet, little to no parental supervision, less access to extracurricular activities, lives in an unsafe neighbourhood, lives in a culture that doesn't value education, etc have a much easier time at going to college?
Okay... the drive to want College isn't there... I'll give you that.
That's an issue.
But, again, all things being equal.... a poor kid would have an EASIER time getting more free grants / better loans than your "average" middleclass white kid.
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Live Ork, Be Ork. or D'Ork!
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![[Post New]](/s/i/i.gif) 2013/10/01 02:39:42
Subject: Cali raises minimum wage to 10$ an hour
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The Conquerer
Waiting for my shill money from Spiral Arm Studios
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cincydooley wrote: whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
And I'll third that. I believe the government told my parents their expected contributions, based on their total combined salaries (and completely ignoring expenses and 2 other siblings) was like, $22k a year. Needless to say that didn't happen.
But yeah, if you're a middle class white male you are literally in the demographic that is hardest to get a grant or scholarship for.
At least the Grants and Scholarships which don't require any personal achievement. And those still tend to favor the poor or the minority if all other things are equal.
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Self-proclaimed evil Cat-person. Dues Ex Felines
Cato Sicarius, after force feeding Captain Ventris a copy of the Codex Astartes for having the audacity to play Deathwatch, chokes to death on his own D-baggery after finding Calgar assembling his new Eldar army.
MURICA!!! IN SPESS!!! |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:41:23
Subject: Cali raises minimum wage to 10$ an hour
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Member of the Ethereal Council
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whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
Yeah, Like when I told my group project buddies I only ha to pay 10$ a year for classes they where pissed.
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![[Post New]](/s/i/i.gif) 2013/10/01 02:42:01
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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hotsauceman1 wrote: whembly wrote: Short hand... there are much more loans/grants offered to the poor than the middle class. I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
Yeah, Like when I told my group project buddies I only ha to pay 10$ a year for classes they where pissed.
I hate you with a fiery passion of a thousand suns.
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This message was edited 1 time. Last update was at 2013/10/01 02:42:12
DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:42:15
Subject: Cali raises minimum wage to 10$ an hour
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Member of the Ethereal Council
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Grey Templar wrote: cincydooley wrote: whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
And I'll third that. I believe the government told my parents their expected contributions, based on their total combined salaries (and completely ignoring expenses and 2 other siblings) was like, $22k a year. Needless to say that didn't happen.
But yeah, if you're a middle class white male you are literally in the demographic that is hardest to get a grant or scholarship for.
At least the Grants and Scholarships which don't require any personal achievement. And those still tend to favor the poor or the minority if all other things are equal.
They do come with rules though, I loose my financial Aid if i drop 65% of my classes Automatically Appended Next Post: Alfndrate wrote: hotsauceman1 wrote: whembly wrote:
Short hand... there are much more loans/grants offered to the poor than the middle class.
I had to take the hard way to pay for college... my folks made good money, but not enough to help me with school. Ergo... they made too much for me to qualify for the same lower interest loans / grants that the poor can qualify.
Yeah, Like when I told my group project buddies I only ha to pay 10$ a year for classes they where pissed.
I hate you with a fiery passion of a thousand suns.
Want too year something worse? Im still getting tuition money from grants to pay for that, nearly 2500-3000 a year.
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This message was edited 1 time. Last update was at 2013/10/01 02:43:12
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![[Post New]](/s/i/i.gif) 2013/10/01 02:43:28
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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Cheesecat wrote: cincydooley wrote:It's much easier for the working poor or the children of the working poor to go to college than the middle class, should they choose to want to.
How does a child with an unhealthy diet, little to no parental supervision, less access to extracurricular activities, lives in an unsafe neighbourhood, lives in a culture that doesn't value education, etc have a much easier time at going to college?
Are you being intentionally obtuse, or did you completely fail to read the previous 5 or 6 comments?
Not only that, but you're making sweeping generalizations that could just as easily be attributed to a middle class working family in the United States. Unhealthy diet? Check. Little to no parental supervision? Check.
Access to extracurricular activities is absolutely the same. In most inner city schools in the states there are tons of additional programs specifically designed for this type of student (Head Start, etc) that are non-profit or federally subsidized while in most suburban schools students have to pay to play (football, for instance, is $500 in our district).
You've got me on the culture that doesn't value education though. That certainly exists. But that doesn't make it any harder for the student to decide to care to get out of that situation, not any more so than a middle class kid that wants to stick it to his parents by not going to college. Granted, all the learned helplessness our social services foster in some of these areas doesn't exactly help either.
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![[Post New]](/s/i/i.gif) 2013/10/01 02:43:32
Subject: Cali raises minimum wage to 10$ an hour
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Old Sourpuss
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hotsauceman1 wrote:They do come with rules though, I loose my financial Aid if i drop 65% of my classes
Most scholarships and grants require students to be at least a part time student. Often times that's between 9 and 12 credit hours a semester.
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DR:80+S++G+M+B+I+Pwmhd11#++D++A++++/sWD-R++++T(S)DM+

Ask me about Brushfire or Endless: Fantasy Tactics |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:45:31
Subject: Cali raises minimum wage to 10$ an hour
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The Dread Evil Lord Varlak
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KalashnikovMarine wrote:Just saying Europe's not the best place to look for solutions on the whole. The entire EU is shaky as hell right now.
The problems of the EU are due to a range of issues (monetary union being extended to countries with mediocre financial controls, fixed rates making currency adaption to economic conditions impossible, and a whole load of very stupid austerity) none of which have anything to do with the traditional differences between the US and Europe.
There's also some difficulty of applying say Swedish policies on a nation of 330 million when those policies are based in a nation with the population of a U.S. state. It's a matter of scale and cost, do we need to improve US education? Yes absolutely.
I'd say they're more issues of culture than scale. Simply put, if people in the US were on board with a stronger set of social policies and alright with paying for them, then they'd work just fine. But that just isn't where America is at, culturally, and so any effort to expand those polices is pretty much doomed.
Raise the minimum wage like we're discussing in this thread? Probably not the answer we actually want.
Whether its the answer really depends on what the question is
If the question is 'how do we ensure that anyone working full time has a decent living standard, and encourage people to move from welfare to employment, and improve social mobility?'... well then raising the minimum wage is the answer.
There's all sorts of other economic questions to which a raise in the minimum wage isn't the answer, but raising the minimum wage isn't a step in the wrong direction for any of those issues anyway. Automatically Appended Next Post: Rotary wrote:Read the text, i rolled in the health costs of obama care AND salary increase. Either way its a estimate. I guess since you want to know who taught me math i can ask who taught you to read.
You're claiming a 25% raise in minimum wage and the new healthcare costs will represent a near to 100% increase in McDonald's costs of production. That's absolute lunacy. Complete, 100% nonsense.
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This message was edited 1 time. Last update was at 2013/10/01 02:46:34
“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”
Adam Smith, who must have been some kind of leftie or something. |
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![[Post New]](/s/i/i.gif) 2013/10/01 02:49:46
Subject: Re:Cali raises minimum wage to 10$ an hour
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Decrepit Dakkanaut
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Jebus Savus.....if you really want to come out ahead and I'm dead serious about this. Join the National Guard and elect for the Post 9/11 GI Bill. One weekend a month, two weeks a year, and volunteering for "schools" will get you, from top my head, an all expense paid college ride or close, BAH, additional income, and free boots.
BAH is by zip code. I would say BAQ but its rolled into BAH. Per month. Direct deposit. Now is about the best time to go part time active duty for the military.
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Proud Member of the Infidels of OIF/OEF
No longer defending the US Military or US Gov't. Just going to ""**feed into your fears**"" with Duffel Blog
Did not fight my way up on top the food chain to become a Vegan...
Warning: Stupid Allergy
Once you pull the pin, Mr. Grenade is no longer your friend
DE 6700
Harlequin 2500
RIP Muhammad Ali.
Jihadin, Scorched Earth 791. Leader of the Pork Eating Crusader. Alpha
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![[Post New]](/s/i/i.gif) 2013/10/01 02:59:39
Subject: Cali raises minimum wage to 10$ an hour
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Fixture of Dakka
Kamloops, BC
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cincydooley wrote: Cheesecat wrote: cincydooley wrote:It's much easier for the working poor or the children of the working poor to go to college than the middle class, should they choose to want to.
How does a child with an unhealthy diet, little to no parental supervision, less access to extracurricular activities, lives in an unsafe neighbourhood, lives in a culture that doesn't value education, etc have a much easier time at going to college?
Are you being intentionally obtuse, or did you completely fail to read the previous 5 or 6 comments?
Not only that, but you're making sweeping generalizations that could just as easily be attributed to a middle class working family in the United States. Unhealthy diet? Check. Little to no parental supervision? Check.
Access to extracurricular activities is absolutely the same. In most inner city schools in the states there are tons of additional programs specifically designed for this type of student (Head Start, etc) that are non-profit or federally subsidized while in most suburban schools students have to pay to play (football, for instance, is $500 in our district).
You've got me on the culture that doesn't value education though. That certainly exists. But that doesn't make it any harder for the student to decide to care to get out of that situation, not any more so than a middle class kid that wants to stick it to his parents by not going to college. Granted, all the learned helplessness our social services foster in some of these areas doesn't exactly help either.
The average diet of a middle class child is healthier than lower class child, wealth has quite an effect on people's eating habits and the worst food for your health is often the cheapest, also a middle class family can probably afford a baby sitter and would still more likely have parents
who have more free time with the child than a poor family and one's culture does have a major impact on how people pursue their life. So you can receive some benefits but it doesn't seem like it's enough balance out other negative factors with being poor. Also being poor causes
stress on child like having to go a day without food, feeling unsafe, parts of the house being in disrepair, etc which doesn't make for a good learning environment.
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This message was edited 1 time. Last update was at 2013/10/01 03:01:45
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![[Post New]](/s/i/i.gif) 2013/10/01 03:01:59
Subject: Cali raises minimum wage to 10$ an hour
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The Dread Evil Lord Varlak
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Rotary wrote:Yeah it was never a hard number, i think you are missing the point. Out of the entire thread guys focus on a statement that shows the dollar menu going to two dollars.
You can't just throw a wild number out there, and then back away from it as soon as anyone points out how silly a number it was.
If you're not willing to defend your number (which is a sensible choice, given how silly a number it was), then you need to either start using a more sensible number. So I think you need to change your claim to 'Guess the dollar menu at mcdonalds will have to become the 1.02 dollar menu around that time'
And now, put in that context, doesn't your post start feeling a litte bit silly? Automatically Appended Next Post: Frazzled wrote:The Soviets proved that doesn't work. You punish the hard working. You punish those who have sacrificed to educate and improve their skills, and put them all to the lowest common denominator. Why on earth would someone go to trade school or university if they are at the same level as the average mouthbreather who knocked up his girlfriend and is getting your order wrong at mcDonalds even though the picture of fries is right there.
The Soviet Union had different rates of pay for different jobs. I've explained this to you before. Engineers, doctors and all kinds of other skilled professions earned a much nicer income than working schlubs in socialist Russia, and there was never a shortage of doctors or other skilled professionals.
The failure of the Soviet system was to do with capital, specifically how poorly capital works when left in the hands of party appartchiks... hence their inability to ever produce a car that didn't utterly suck, and their failure to produce major world changing innovations like microcomputers.
The classic example is health - where far from your claim above, the Soviet Union actually had more doctors per capita than much of the Western world, and delivered health results that were at least equal. But the Western healthcare system, thanks largely to private sector capital investment, produced a constant series of innovations and new technology, so that by the late 70s/early 80s it was clear that the Soviet healthcare system was now miles behind.
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This message was edited 1 time. Last update was at 2013/10/01 03:03:13
“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”
Adam Smith, who must have been some kind of leftie or something. |
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![[Post New]](/s/i/i.gif) 2013/10/01 03:14:08
Subject: Cali raises minimum wage to 10$ an hour
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Sniping Reverend Moira
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Cheesecat wrote:
The average diet of a middle class child is healthier than lower class child, wealth has quite an effect on people's eating habits and the worst food for your health is often the cheapest, also a middle class family can probably afford a baby sitter and would still more likely have parents
who have more free time with the child than a poor family and one's culture does have a major impact on how people pursue their life. So you can receive some benefits but it doesn't seem like it's enough balance out other negative factors with being poor. Also being poor causes
stress on child like having to go a day without food, feeling unsafe, parts of the house being in disrepair, etc which doesn't make for a good learning environment.
As a former teacher with a wife that teachers, believe me, I'm fully aware of all of these issues. And I'm telling you, the affect the middle class nearly as much. The only major difference is the culture, which I granted you.
Middle class parents, the true middle class and not the upper middle class, consist of families that have two working parents that have just as many issues seeing their kids as the lower class. Federally funded free breakfast and lunch has significantly decreased the number of kids that go hungry, and those meals are often healthier than what kids that aren't on FRL bring to school (oatmeal & fruit > poptarts, PBJ & salad > lunchables).
I'm not discounting that children of the working poor have a tough time growing up, and more so than the true, blue collar middle class, but it doesn't change the fact that once they make the choice to go to college it's much easier for them to pay for it (and often without having to repay it) than your average middle class white male.
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![[Post New]](/s/i/i.gif) 2013/10/01 03:17:36
Subject: Re:Cali raises minimum wage to 10$ an hour
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Fixture of Dakka
Kamloops, BC
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Fair enough, I'll agree with you on that.
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![[Post New]](/s/i/i.gif) 2013/10/01 03:25:09
Subject: Re:Cali raises minimum wage to 10$ an hour
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The Dread Evil Lord Varlak
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Spartak wrote:Krugman won his prize in 2008, at this point it's an achievement award for being a progressive. Friedman won his in 1976, you know, when it was awarded for actually doing things.
That's just... oh dear.
Don't confuse an economist's political leanings for the economic work that actually earned him a nobel prize. While the public thinks economics is just a means to debate political issues, its actually a field with serious technical work and its that technical work. Friedman's prize was awarded for his work in monetary economics, specifically for his work in establishing that the Phillips Curve was effectively a straight line in the long term. Krugman's prize was due to his contributions to New Trade Theory, which looked to challenge the old ideas of constant (or declining) rates of return on industry sectors, and managed to explain how the success of new industry protectionism succeeded in the face of the older trade models.
To address your quote, its flat out wrong (IMO typical of liberal economists) Not only is there clear historical evidence of Min wage reducing employment, it’s a extremely common sense logical position to take.
You don't know what you're talking about. The cost of raising the minimum wage is entirely dependant on the economy in question.
ie in an economy where low skilled productivity is around $15 an hour and you want to increase the minimum wage from $12 to $13, well then yeah, some jobs are going to disappear. But in an economy where low skilled productivity is around $15 and you want to increase the minimum wage from $8 to $10... the number of job losses is unlikely to be large. Automatically Appended Next Post:
They both have nobel in their names, but they're different prizes, awarded by different panels, for very different reasons.
Martin Chalfie and Roger Y Tsien won the prize for chemistry in 2008. Must have been for all that left wing chemistry they did.
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This message was edited 1 time. Last update was at 2013/10/01 03:28:29
“We may observe that the government in a civilized country is much more expensive than in a barbarous one; and when we say that one government is more expensive than another, it is the same as if we said that that one country is farther advanced in improvement than another. To say that the government is expensive and the people not oppressed is to say that the people are rich.”
Adam Smith, who must have been some kind of leftie or something. |
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