Preach Tim Ryan
- Thread starter NYShoreGuy
- Start date
Makes no sense but good theatrics
he’s comparing apples to oranges
send me data that shows which CEO’s that make 300x their workers are paying their employees less than $15/hr
Thank you. I most likely missed this because of the focus of BLM calling to boycott the royal family. I want to go to Florida, but was searching all day for airlines that don't go to England.
Yup. But they’re building an economic policy around Walmart and a few others. It’s going to destroy the small business owner. Prior to the pandemic the economy was thriving with limited red tape. All this does is put more red tape up and give incentives to companies, whose biggest concern is shareholders, to look for cheap labor in other ways. Higher minimum wage, higher inflation, less jobs. Walmart will be paying higher wages and the states will pay more unemployment and possibly welfare. Maybe that’s the goal. More government control. I really want to know how many businesses with payroll make net profit of 30-100k. How many of those people are impacted and how many jobs do those people get rid of?
I don’t believe in $15 minimum wage. I think it will hurt small business. It should go to $10 or $11. However, it cannot be disputed that companies like Walmart and Amazon have taken advantage of their employees. The Republican efforts to destroy organize labor over the past few decades with the ridiculous “right to work” laws. Have hurt unions in advancing wage and benefits for employees. Meanwhile corporate tax rate cut to 21%. There needs to be fairness and perhaps companies with less than 100 employees should have a step down minimum wage to protect small business.
I actually like Tim Ryan and thought he would have made a great Presidential candidate if you watched him in the debates. Common sense guy whether you agree or disagree. Lot's of theatrics in that speech though.
In an earlier thread someone posted about a $15/hour National minimum wage not making sense when you compare markets like NYC and rural areas, which I agree. While we should continue to have a Federal minimum wage, it makes more sense for the states to legislate it on a local level, because labor availability, cost of living, competition, industries, etc. vary dramatically. In the Lehigh Valley, which has become the logistics epicenter of the east coast, warehouse/distribution jobs start at $17 - 19/hour. No skills, etc.
It's a minor point, but what's missing in Ryan's speech is the number of people some of these companies employ.
* Walmart: 2.2 million
* Amazon: 1.3 million
* Starbucks: 349K
* Google: 150k
* Apple: 135K
And that doesn't take into account the amount of wealth these companies created for those in 401K, IRA's, in the general population. I'm not defending the money they are making, but they are responsible for a lot more these days than they might have 40 years ago.
In an earlier thread someone posted about a $15/hour National minimum wage not making sense when you compare markets like NYC and rural areas, which I agree. While we should continue to have a Federal minimum wage, it makes more sense for the states to legislate it on a local level, because labor availability, cost of living, competition, industries, etc. vary dramatically. In the Lehigh Valley, which has become the logistics epicenter of the east coast, warehouse/distribution jobs start at $17 - 19/hour. No skills, etc.
It's a minor point, but what's missing in Ryan's speech is the number of people some of these companies employ.
* Walmart: 2.2 million
* Amazon: 1.3 million
* Starbucks: 349K
* Google: 150k
* Apple: 135K
And that doesn't take into account the amount of wealth these companies created for those in 401K, IRA's, in the general population. I'm not defending the money they are making, but they are responsible for a lot more these days than they might have 40 years ago.
You don't believe in giving employees/people their own choice?
That wouldn't be fair, small business would suffer under that scenario.
I'm in favor of local minimum wages. The walmart clerk in NYC needs a higher minimum wage than the walmart clerk in some rural town in upstate NY. Cost of living is completely different and should be a basis of minimum wage.
Choice? Employees that reap the benefits of the wages and benefits that a union has fought for in a company should have to pay union dues. These employees are getting a service and not paying? These people have a choice is go work for a different company that doesn't have a union. If a company has a union that you benefit by, then you must pay union dues.
That wouldn't be fair, small business would suffer under that scenario.
Wait if federal minimum wage is $15 for big corporations and there is a step down minimum wage to $10 for small business, how is that hurting small business?[/QUOTE]
The only ones that will be available for them to hire are the dregs of society, how can you not get that?
This is another concept that makes no sense. If you choose not to join the union, you may or may not get the same pay/benefits as the union, you are not bound to the union contract.
So, big business gets to benefit by paying low wages so that small business can get decent workers? That is mental gymnastics at its best. Again, I don't think $15 is a good number for the federal minimum wage. But it should be raised around $10.
That is a theoretical answer but that is not reality. The reality is that companies pay non-union workers in right to work states the same wage in order to break the unions. Less membership in the union, less power. Moreover, everyone has a right not to join the union, whether they are in a" right to work" state or not. In a non "right to work" state, they will pay reduced union dues as the union negotiates on the behalf of all employees whether unionized or not.
The federal minimum wage should be based on some form of an equation that factors in lowest cost of living in the country. Everyone’s opinion of I feel it should be $7, I feel it should be $10, I feel it $15, I feel it should be $25 should be irrelevant. Follow the science.
Right. The federal minimum should be the absolute lowest rate in the country and states can decide if they want it to be higher.
Pick a year 1980 for example (not saying 1980 is the right starting point but it's clean). Calculate what the minimum wage was that year, adjust for inflation and update what it should be in 2021. That would be $10. Then tie that minimum to inflation every year going forward.
It will still be higher in many states, but $10 would be the lowest.
Here’s the problem with that theory, with inflation, you’re not adjusting for modern necessities. People are making more money than ever before and have more debt than ever before. Part of that is due to people living foolishly, but back in 1980 who was paying for internet? It’s needed for work/school. What couple was paying 2 cell phone bills? In 1980 a lot of families didn’t need 2 cars. It’s complicated but nothing a couple people gifted in stats and math can’t figure out. But I would base it off of some measure right now. I think if you look at any point in the past you’ll see those type of differences. Plenty of parts of the country where rent is under $500 per month. Use that as a base. Lowest possible internet phone plan. Food, transportation, and clothes adjustment. Factor in taxes and divide that total by 2080 work hours.
I also think states are too broad of an area for minimum wage. Rural NY doesn’t require the same minimum wage as NYC.
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