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I just got to NYC four months ago and already I have been warned against teaming with some firms on project pursuits because they are under investigation for overbilling emergency Sandy work.
"If there is one thing I am, it's always right." -Ted Nugent.
"I honestly believe saying someone is a smart lawyer is damning with faint praise. The smartest people become engineers and scientists." -SU. "Yet I still see wisdom in that which Uncle Ted posts." -creek. GIVE 'EM HELL, BRIGHAM!
Umm, pretty much all flood insurance is federally subsidized. Otherwise, there's pretty much no way it would exist....at least at an affordable rate.
"Discipleship is not a spectator sport. We cannot expect to experience the blessing of faith by standing inactive on the sidelines any more than we can experience the benefits of health by sitting on a sofa watching sporting events on television and giving advice to the athletes. And yet for some, “spectator discipleship” is a preferred if not primary way of worshipping." -Pres. Uchtdorf
Don't know. If I were to guess, it is because it is a nice "catchy" number that is near the original value of the minimum wage when it was initially implemented in the 1960s (somewhere around 10.50 in adjusted dollars). That number was then related to the actual cost of living.
Don't know. If I were to guess, it is because it is a nice "catchy" number that is near the original value of the minimum wage when it was initially implemented in the 1960s (somewhere around 10.50 in adjusted dollars). That number was then related to the actual cost of living.
Maybe. Whenever I see weird figure like that, the cynical side of me says it was done on purpose to inflate whatever stats they are trumpeting. Kind of like a BYU fan in 2009 saying we had won 3 out of 4 rivalry games instead of using a more commone meausement like 5 or 10 years.
A couple issues with your statement: federal minimum wage preceeded the 1960s by several decades. The 1960s are just the period when it had the most purchasing power. Historically speaking, the minimum wage isn't as bad now as you paint it:
Maybe. Whenever I see weird figure like that, the cynical side of me says it was done on purpose to inflate whatever stats they are trumpeting.
Your cynical side is wise.
One of the grandest benefits of the enlightenment was the realization that our moral sense must be based on the welfare of living individuals, not on their immortal souls. Honest and passionate folks can strongly disagree regarding spiritual matters, so it's imperative that we not allow such considerations to infringe on the real happiness of real people.
Woot
I believe religion has much inherent good and has born many good fruits.
SU
Maybe. Whenever I see weird figure like that, the cynical side of me says it was done on purpose to inflate whatever stats they are trumpeting. Kind of like a BYU fan in 2009 saying we had won 3 out of 4 rivalry games instead of using a more commone meausement like 5 or 10 years.
A couple issues with your statement: federal minimum wage preceeded the 1960s by several decades. The 1960s are just the period when it had the most purchasing power. Historically speaking, the minimum wage isn't as bad now as you paint it:
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Also, the percentage of people making minimum wage is at an all time low (or near an all time low).
You are partially right, specifically that 1968 is the high point and that chart is very helpful. I would argue that the 1968 adjustment represented a period when the minimum wage came closest to being an actual living wage. As far as Minimum Wage being at its lowest, consider:
1) You are right that a relatively small number of workers make minimum wage or less (3.6 million workers in 2012). Not sure that is a comfort to those millions of individuals, but there you go. What you miss is that many are just slightly above minimum wage. Around 40% of American workers now make less than that 1968 Minimum Wage rate (adjusted obviously). Think about that - that is a very sizable group of people. Those folks aren't getting rich by any means and depending on their family status would still be near or beneath the poverty level.
2) If minimum wage had kept up with the productivity of American Workers, minimum wage rates today would be over $16 per hour (not that I am recommending that, but it is very interesting). So low income workers are increasingly older, have children to feed, make less in real terms than in the 1960s, and are much more productive.
2) Consider how the Minimum Wage rate compares to the Poverty Line (again recognizing the growing number of parents and adults making minimum wage):
3) Just a quick chart showing the change in minimum wage workers:
Tell Graham to see. And tell Merrill to swing away.
Low skilled workers were making way too much in the 1960's. Fortunately, we came to our senses and brought in a flood of third world immigrants to drive down wages to a more reasonable level.
Maybe they don't get paid enough. Sheesh. Warning NSFW (language).
Wow.
I wish the tape would have allowed us to see the conversation with the next customer. That would have been rather interesting.
"Socialism is a philosophy of failure, the creed of ignorance and the gospel of envy; its inherent virtue is the equal sharing of misery." - Winston Churchill
"I only know what I hear on the news." - Dear Leader
Slow to this and haven't toiled through the thread, but I will say that the braintrust of fast food workers in Charlotte won their battle in picketing:
Charlotte Observer newspaper:
The Charlotte protesters met in a Lynx light-rail parking lot on South Boulevard and marched to a nearby Taco Bell, holding signs that read “We are worth more” and chanting: “No more burgers. No more fries. We want our wages supersized.”
The strike's organizer says that the fast-food giants have the money to pay reasonable wages. "At the end of the day, there is more than enough money to pay these workers $15 an hour," says Kendall Fells, the 34-year-old organizer of Fast Food Forward, who marched with protesters in New York on Thursday.
Well, that settles it I guess.
I'm headed through Penn Station later today for a meeting in Newark. I hope the workers have the stamina to to last to the afternoon so I can check it out.
This is my favorite local protest:
In Europe, Lorenz Keller, who works for the Swiss trade union Unia, said that members from his group were protesting outside several McDonald's branches in Zurich and would soon start actions in Geneva. He said that while wages were relatively high in Switzerland so is the cost of living. Some protesters were wearing "sad hamburger costumes," he said.
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