How minimum wage works.

[sirs]

lol

[Xavier_Onassis]

Australia is a desert country with all sorts of minerals, many of the conveniently located in areas where not one would ever choose to live, like alkali deserts where rainfall is minuscule and no one has to worry about wrecking the environment. Australia is conveniently located relatively close to China, which is on the biggest building boom and industrialization in history.

The worst social problem seems to be alcoholism, especially among the Aborigines.

Australia is not noted for corruption.

[Plane]

  Do you mean that the favorable circumstances Australia is experiencing now make it a poor demonstration for the disadvantages and benefits of a high minimum wage?

   I could suppose that if only a few people were being paid at the lower levels , neither the benefits nor the disadvantages of a minimum wage will make a lot of difference.

[Xavier_Onassis]

The Australian governnment, unlike the American government, simply assures that every Aussie citizen benefits from the mineral riches of the nation and no one has to suffer the sort of poverty many Americans have to face every day.

[Plane]

  So it is like the Alaskan government?

[Xavier_Onassis]

You would have to study both, but I would say, no is is not.

[Plane]

  In the respect that the tax input of mines and oil drilling is distributed across the citizens?

[Xavier_Onassis]

Australia does not send out checks to citizens like the Alaskan government does, so no.
Alaska simply requires EVERY employer to pay a living wage, regardless of whatever business he is in.

That is not the same thing.

[kimba1]

Alaska?

don`t give a petrol stipend for just being Alaskan? I know a guy who gets a monthly check so his temp jobs is more than enough for him. I hear certain tribes gets 47k a month from casinos in sacramento and that's the low end pay.

[Xavier_Onassis]

Alaska pays out money from oil sales to each Alaskan adult based on the number of years they have lived there. The longer you have lived there, the more you get. Alaska has no state income tax.

Anyone that is actually interested in the minimum wage in the fast food industry would know a lot more about it is they read this article in the New Yorker.

http://www.newyorker.com/magazine/2014/09/15/dignity-4

[Plane]

Alaska pays out money from oil sales to each Alaskan adult based on the number of years they have lived there. The longer you have lived there, the more you get. Alaska has no state income tax.

Anyone that is actually interested in the minimum wage in the fast food industry would know a lot more about it is they read this article in the New Yorker.

http://www.newyorker.com/magazine/2014/09/15/dignity-4

   This article is pretty good about unions.
    Not about why a federal minimum wage would or wouldn't be a good idea.

     If a worker is getting paid less than the actual worth of their work , a union is a good way to address the problem.

       What makes an hour work worth fifteen dollars?
        Without addressing this there cannot be any understanding of the rest.

     Early in this very long article they undermine the case they try to make in the rest of it.

she left her job at a big university hospital where she had worked for twelve years and moved, alone, to New York. She rented a shared room in Inwood, a working-class neighborhood in upper Manhattan, for fifty dollars a week, got a job at a McDonald’s in Inwood, and then a second job, at the 181st Street McDonald’s. She made minimum wage. Still, she was able to send most of her paychecks home.

     So the wage as it is can draw workers from thousand of miles away.

[sirs]

"Given the choice, would you rather see Congress:
1) raise the minimum wage,
2) cut the payroll tax for all working Americans,
or
3) increase tax credits for some low-income Americans."

The results found a strong preference for cutting the payroll tax. "The majority of those polled; 50% believe that cutting the payroll tax for all working Americans would be a good start, 39% indicated that raising the minimum wage would be their choice, while only 9% believe increased entitlement spending by increasing tax credits for some low-income Americans would be smart. 2% were unsure," Gravis reported.

It is not hard to see why Americans would prefer a payroll tax cut to a minimum wage hike. A payroll tax cut, paid for by eliminating loopholes for the wealthy, would both increase take home pay for all working Americans and create new jobs by lowering the cost of employment.

Raising the minimum wage, however, would benefit only 4.3 percent of American workers, and, according to both the Congressional Budget Office and President Obama's choice to un the Federal Reserve, would kill hundreds of thousands of jobs. 

[Plane]

  If you were a Congressman would you prefer having more money in circulation , or more money in tax receipt?
   If a large measure causes large scale inflation , the national debt is practically reduced and everyone near the upper margin of a tax bracket moves over the line and owes a lot more taxes.

     It is a ill wind indeed that blows no one good.

[Xavier_Onassis]

We hear about how the government is spending far too much, but there is relatively little inflation.

People need to have the ability to have a job that will allow them to support themselves.

No one is going to abolish the minimum wage, not ever.

[kimba1]

Actually thiers truely no need to remove it at all since the present level has never once been said to be too high.