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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (930164)	4/12/2016 5:09:38 PM
From: Tenchusatsu	3 Recommendations Recommended By FJB jlallen TopCat Read Replies (1) \| Respond to of 1576601

Bentway, It's a 'straw man' because no one but you opposing clowns are proposing raising it beyond $15. I can guarantee that you libtards will still be complaining once the minimum wage is at that level. Already I'm seeing my liberal friends claiming that Denmark has a $20 minimum wage. (It's not true, but since when did left-wing meme generators care about the truth?) It's clear to me that they won't be satisfied with a $15 minimum wage, especially here in California. So no, it's not a "straw man." It's already becoming the next rallying mantra. "$15/hour wasn't enough! We demand $20/hour! Just like in Denmark!" All this because the definition of a "living wage" is vague, and purposefully so. $15/hour today, $20/hour six years from now, $25/hour after that, etc. It's all too easy to call out libtards and their predictable behavior. Once you idiots vote yourselves a raise, there's no stopping you except bankruptcy. Tenchusatsu

To: bentway who wrote (930164)	4/28/2016 5:26:21 PM
From: TimF	1 Recommendation Recommended By FJB Read Replies (1) \| Respond to of 1576601

As you can see here, it's declined considerably in constant dollars What exactly would “keeping up with inflation” mean? The minimum wage has been $7.25 an hour since 2009. In 1938, when the federal minimum wage was established, it was $0.25 an hour. In constant dollars (adjusted for inflation) that’s $4.19 as of 2014. So, not only has the minimum wage kept up with inflation, it’s nearly doubled it. Ok.. well what about more recently? Minimum wage 15 years ago in 2000: $5.15, or $7.06 in constant dollars Minimum wage 20 years ago in 1995: $4.25, or $6.59 in constant dollars. Minimum wage 25 years ago in 1990: $3.80, or $6.87 in constant dollars. Minimum wage 30 years ago in 1985: $3.30, or $7.25 in constant dollars. Funny… that’s exactly what it is today… How shocking. So, for 30 years, the minimum wage has not only kept up with inflation, for most of that time it’s been ahead of it. So, how are they lying? The way “progressives” claim minimum wage hasn’t been “keeping up with inflation”, is by comparing today, with the highest level it has ever been; almost 50 years ago, in 1968, when the minimum wage went to $1.60 an hour ($10.86 in constant dollars). This was a statistical anomaly. There’s a long and loathsome tradition of lying with statistical anomalies. At $1.60 an hour, the minimum wage in 1968 was a huge 20% spike from what it had been just 3 years before in ’65, more than 40% above what it had been in 1960, and nearly double what it had been 12 years before in 1956 when politicians started throwing minimum wage increases faster and bigger (again, all in constant dollar terms. The minimum wage at the beginning of 1956 was about $6.30 in constant dollars) In constant dollar terms, the minimum wage today, is about the same as it was in 1962 (and as I showed above, 1985). thelibertypapers.org