A $10 minimum wage would save $7.6 billion annually in spending according to the EPI

schuylaar

Well-Known Member
The key findings are:

  • About half of all workers in the bottom 20 percent of wage earners (roughly anyone earning less than $10.10) receive public assistance in the form of Medicaid and the six primary means-tested income-support programs, either directly or through a family member. These programs include the Earned Income Tax Credit (EITC); the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps; the Low Income Home Energy Assistance Program (LIHEAP); the Supplemental Nutrition Program for Women, Infants, and Children (WIC); the Section 8 Housing Choice Voucher program; and the Temporary Assistance for Needy Families program (TANF) or equivalent state and/or local cash assistance programs.
  • Workers in the bottom 20 percent of wage earners receive over $45 billion in government assistance each year from the six primary means-tested income-support programs.2
  • Roughly half of all public assistance dollars from means-tested income-support programs that go to working individuals go to workers with wages below $10.10.
  • If the minimum wage were raised to $10.10, more than 1.7 million American workers would no longer rely on public assistance programs.
  • Raising the minimum wage to $10.10 would reduce government expenditures on current income-support programs by $7.6 billion per year—and possibly more, given the conservative nature of this estimate. This would allow these funds to be repurposed into either new programs or expansions of existing programs to further leverage the poverty-fighting impact of this spending.3
  • Safety net programs would save 24 cents for every additional dollar in wages paid to workers affected by a minimum-wage increase to $10.10.

Full Article Here
Pada - They're still wresting with what a fact means..this is way over their heads.
 

Blunted 4 lyfe

Well-Known Member
Warranted? As in "Anyone who disagrees with me must be accused of racism"? So calling a rich, powerful, white woman a liar is racism? Bringing up some unrelated event in NYC isn't playing the racist card ? You are dishonest.
WTF are talking about, what powerful white woman? If wasn't because of the high cost of cigarettes in NYC is $14-15 because high taxes imposed by Bloomberg NOT De Blasio and if folks were paid a living wage this tragedy might've never happened.

I stay in Brooklyn now helping my Daughter out so I babysit my Grandkids (which is a joy btw) I moved out 12 years ago to Pa. When I retired.

Stop listening to faux news anchors, if you don't live here how do you know what goes on here?

If Police did nothing wrong then why settle for 6.9 million?

http://www.nytimes.com/2015/06/14/nyregion/eric-garner-police-chokehold-staten-island.html?smprod=nytcore-iphone&smid=nytcore-iphone-share

http://m.nydailynews.com/news/politics/feds-case-cops-involved-eric-garner-death-article-1.2527515
 

Blunted 4 lyfe

Well-Known Member
Seems anyone working for $10.00/hr would be wise to move out of SF.
Some folks can't move out, I hear it everyday, "I wish I was able to move out" but they can't (caregivers to an elderly family member) and some folks just wanna live in the big city than anywhere else ANY big city be it NYC, SF, LA, Chi town, Boston etc...
 

Blunted 4 lyfe

Well-Known Member
So when you go off topic, everyone else must follow suite?
If you're going to respond to any comment it would be wise to READ the comment before responding, only mama huevo #1 stupid ninja and mama huevo #2 (you) have a problem comprehending what I said. It's ok 3 tries before that dim lightbulb in your head lit up.

My original response to you was to your comment to having an extra $40 bucks in your pocket would it make a difference.

I know, I know you and stupid ninja are a bit slow and your top piece is not wrapped too tight...I hope your helmet wasn't put on too tight before boarding the short yellow school bus with the blacked out windows this morning or that you didn't bump your head.

B4L
 

Catfish1966

Well-Known Member
If you're going to respond to any comment it would be wise to READ the comment before responding, only mama huevo #1 stupid ninja and mama huevo #2 (you) have a problem comprehending what I said. It's ok 3 tries before that dim lightbulb in your head lit up.

My original response to you was to your comment to having an extra $40 bucks in your pocket would it make a difference.

I know, I know you and stupid ninja are a bit slow and your top piece is not wrapped too tight...I hope your helmet wasn't put on too tight before boarding the short yellow school bus with the blacked out windows this morning or that you didn't bump your head.

B4L
Ok dim bulb, you never said anything to me about $40. Pretending when you go off topic somehow changes the topic for everybody is a symptom of your illness.
 

Catfish1966

Well-Known Member
WTF are talking about, what powerful white woman? If wasn't because of the high cost of cigarettes in NYC is $14-15 because high taxes imposed by Bloomberg NOT De Blasio and if folks were paid a living wage this tragedy might've never happened.

I stay in Brooklyn now helping my Daughter out so I babysit my Grandkids (which is a joy btw) I moved out 12 years ago to Pa. When I retired.

Stop listening to faux news anchors, if you don't live here how do you know what goes on here?

If Police did nothing wrong then why settle for 6.9 million?

http://www.nytimes.com/2015/06/14/nyregion/eric-garner-police-chokehold-staten-island.html?smprod=nytcore-iphone&smid=nytcore-iphone-share

http://m.nydailynews.com/news/politics/feds-case-cops-involved-eric-garner-death-article-1.2527515
In another thread about Clinton, you accused me of racism for doubting her honesty. DeBlasio issued the order to arrest street venders
 

purplehays1

Well-Known Member
I am 100% on board for a $10 an hour minimum wage. That is a realistic pay bump for minimum wage.
I find it ridiculous to go from 7(whatever) to 15, that is such a huge jump it will echo problems.
Depends on where you live, a national minimum wage is stupid because $10 a hour is poverty in So Cal and $10 /hr is a decent job in Mississippi. Minimum wage needs to be adjusted to fit the cost of living in the city/area, it has no basis being decided on a national level.
 

SneekyNinja

Well-Known Member
Depends on where you live, a national minimum wage is stupid because $10 a hour is poverty in So Cal and $10 /hr is a decent job in Mississippi. Minimum wage needs to be adjusted to fit the cost of living in the city/area, it has no basis being decided on a national level.
There does need to be a certain base for the States to work off, otherwise some (Red) States would probably bring back indentured servitude.
 

purplehays1

Well-Known Member
There does need to be a certain base for the States to work off, otherwise some (Red) States would probably bring back indentured servitude.
hahaha pretty retarded statement bro, but hey, you kind of have a point. That is why there is a national minimum wage, but $10 is too high, it should be a low base or all it does is inhibit job production for the people at the bottom which helps no one.

People are free to turn down low paying jobs, the sad truth is that they rarely have a better choice, but no one is indentured in america and that has nothing to do with minimum wage.
 

purplehays1

Well-Known Member
The key findings are:

  • About half of all workers in the bottom 20 percent of wage earners (roughly anyone earning less than $10.10) receive public assistance in the form of Medicaid and the six primary means-tested income-support programs, either directly or through a family member. These programs include the Earned Income Tax Credit (EITC); the Supplemental Nutrition Assistance Program (SNAP), also known as food stamps; the Low Income Home Energy Assistance Program (LIHEAP); the Supplemental Nutrition Program for Women, Infants, and Children (WIC); the Section 8 Housing Choice Voucher program; and the Temporary Assistance for Needy Families program (TANF) or equivalent state and/or local cash assistance programs.
  • Workers in the bottom 20 percent of wage earners receive over $45 billion in government assistance each year from the six primary means-tested income-support programs.2
  • Roughly half of all public assistance dollars from means-tested income-support programs that go to working individuals go to workers with wages below $10.10.
  • If the minimum wage were raised to $10.10, more than 1.7 million American workers would no longer rely on public assistance programs.
  • Raising the minimum wage to $10.10 would reduce government expenditures on current income-support programs by $7.6 billion per year—and possibly more, given the conservative nature of this estimate. This would allow these funds to be repurposed into either new programs or expansions of existing programs to further leverage the poverty-fighting impact of this spending.3
  • Safety net programs would save 24 cents for every additional dollar in wages paid to workers affected by a minimum-wage increase to $10.10.

Full Article Here
Pretty sure your facts imply that the economy as a whole would just absorb the labor cost increase and continue in a vacuum. What really would happen would every employer would find a way to work with less employees and end up spending about the same amount of money on employment and just employ less people. SO in the end the result would be a ton of people on unemployment or on the governments dime and probably the exact same effect, just less people making better money and a bunch making none.
 

SneekyNinja

Well-Known Member
hahaha pretty retarded statement bro, but hey, you kind of have a point. That is why there is a national minimum wage, but $10 is too high, it should be a low base or all it does is inhibit job production for the people at the bottom which helps no one.

People are free to turn down low paying jobs, the sad truth is that they rarely have a better choice, but no one is indentured in america and that has nothing to do with minimum wage.
Oh they're free to turn down the jobs?

How the fuck they gonna make paper then?

(Aside from the cultivation and sale of marijuana, obviously)
 

Blunted 4 lyfe

Well-Known Member
Ok dim bulb, you never said anything to me about $40. Pretending when you go off topic somehow changes the topic for everybody is a symptom of your illness.
That comment about an extra $40 WAS the only reason I responded to you. But I recognize now you are slow so I'll back the fuck off.

Idiota coño
 

althor

Well-Known Member
It's not enough, at least not for the whole country. We already have $10 minimum wage in California and it is absolutely not enough to cover the cost of living in many/most parts of the state. In San Francisco, median rental cost for a 1 bedroom house is $3,560 per month. Working a $10 minimum wage, that would mean 89 hour weeks just to pay rent, assuming no other expenses. Even "cheap" parts of the state, like Fresno, you're looking at around $800 for a 1 bedroom, which means that if you're working 40 hour weeks, fully 50% of your monthly salary goes to rent before additional expenses. Then you got like electricity, gas, water, trash collection, tv, internet, etc, easily an additional $300-400/month. That leaves you around $400, about $13 a day, to divide up between food and whatever else you want/need to spend money on. And all that is assuming that you are only providing for yourself, and don't have any children which come with a whole set of expenses.
I understand that, but the nation cant be held up to California's prices. For a national minimum wage, 10 dollars and hour is much better than 7(whateveritis) now. Places like California or NY, etc will have to adjust for their high cost of living.
 

purplehays1

Well-Known Member
I understand that, but the nation cant be held up to California's prices. For a national minimum wage, 10 dollars and hour is much better than 7(whateveritis) now. Places like California or NY, etc will have to adjust for their high cost of living.
Raise the minimum wage to $10 in the south and many people will lose their job. One price doesn't fit all in this nation, its too large and economically diverse, and must be determined on a smaller scale. The minimum wage in San Francisco is $16 if i remember correctly, which is still not a living wage, while $15 is a decent job in Mississippi.
 
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