Re:Amazon raises minimum wage to $15 for all US employees
by prolikewh0a on Tuesday October 02, 2018 @04:44PM
(#18125538)
>What we need isn't just to get the people at $10 to $15, it's to get the people at $20 to $35 or $50.
Exactly. $10-$15/hr is absolute bare minimum to SURVIVE now unless you live in an extremely rural area. $15/hr is coming too late.
Re:Amazon raises minimum wage to $15 for all US employees
by DoreenMichele on Tuesday October 02, 2018 @09:53PM
(#18127101)
It would help enormously if we had walkable communities with cheap rentals where a single person could reasonably support themselves on local minimum wage. The dearth of affordable housing -- by which I mean market rate cheap rentals, not government subsidized housing -- is a huge factor here in growing a permanent underclass and undermining the growth of the middle class.
Re:Amazon raises minimum wage to $15 for all US employees
by tcbawo on Tuesday October 02, 2018 @06:45PM
(#18126344)
I wouldn't expect prices to rise significantly as automation kicks in. We will see a lot of competition and wage stagnation for those middle class jobs as efficiency eats away the margins they live on.
Hopefully we find a solution before the pitchforks come out.
Re:Amazon raises minimum wage to $15 for all US employees
by dv_dt on Tuesday October 02, 2018 @04:54PM
(#18125616)
I submit that we have just focused on the top in terms of systemic gov't policy.
Re:Amazon raises minimum wage to $15 for all US employees
by ecolonsmak on Wednesday October 03, 2018 @02:58PM
(#18133590)
income in excess of $5million/yr taxed at 91%.
Re:Amazon raises minimum wage to $15 for all US employees
by sureaboutthis on Tuesday October 02, 2018 @09:47PM
(#18127082)
Where is that money coming from?
Re:Amazon raises minimum wage to $15 for all US employees
by DoreenMichele on Tuesday October 02, 2018 @09:49PM
(#18127090)
If they are worth that price, people will come up with the money. We aren't talking about charity here.
But that's the problem with things like this. We keep focusing on the top and the bottom but not the middle.
So we pass laws purporting to tax the rich (but really anyone with a full time job) and then the rich hire accountants and only the middle class pays. Then we clamor for a higher minimum wage, but the middle class already makes more than minimum wage, so the effect on them is to raise the prices they have to pay.
What we need isn't just to get the people at $10 to $15, it's to get the people at $20 to $35 or $50.