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Oregon, $7.25 per hour. We seem to have survived.
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Long time member @ Apolyton
Civilization player since the dawn of time -
Which means its $5.15 per hour. When state is lower than federal, federal is the law. When state is higher than federal, state is the law.Originally posted by Trajanus
In Kansas it's $2,65/hour,... omg. I hope life is a bit cheap there.Comment
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Oregon also has one of the highest unemployment rates among states -- 6.5% versus the national average of 5.2%.
I don't know what the employment rate is (what we should be looking at), but I bet that paints Oregon in an even worse light.Last edited by DanS; May 28, 2005, 13:41.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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They do, but unfortunatley only for executives.Originally posted by Adam Smith
If increasing wages increases productivity and hence profits, then wouldn't these greedy, profit grubbing firms do it on their own?
In that case neither profit nor productivity is increased.
We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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DanS, that's because logging went belly up.Long time member @ Apolyton
Civilization player since the dawn of timeComment
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I need more explanation of this 3% thing.
(According to the study,) how long does it take to recover the 3%? Because, if it was cumulative, that would be a 3% loss every time the wage is increased, and then we'd be looking at like 9% unemployment across the board.We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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When logging went so did the mills...
I got a casino job with no problem, and had another place I applied to call me two days after I got hired at the casino.Long time member @ Apolyton
Civilization player since the dawn of timeComment
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I thought the Mills were still in the Phillipines.
We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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Long time member @ Apolyton
Civilization player since the dawn of timeComment
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We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution. - Abraham LincolnComment
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Well, it's 9% less employment, not 9% more unemployment. There's a big difference between the two. The study would be looking at the employment rate, where a 9% decrease is more imaginable.Because, if it was cumulative, that would be a 3% loss every time the wage is increased, and then we'd be looking at like 9% unemployment across the board.
Edit: Consider, for instance, the employment to working age population ratio of the US in 2003 was 71.2%, while in Italy it was only 56.2%. However, the difference in the unemployment rate was very much smaller, 6.1% for the US versus 8.6% for Italy.
The unemployment rate isn't irrelevant, but the employment rate is a lot more important.Last edited by DanS; May 28, 2005, 14:59.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
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When you put more money in the hands of the lowest paid, they spend it. It raises demand, which means more hires.Christianity: The belief that a cosmic Jewish Zombie who was his own father can make you live forever if you symbolically eat his flesh and telepathically tell him you accept him as your master, so he can remove an evil force from your soul that is present in humanity because a rib-woman was convinced by a talking snake to eat from a magical tree...Comment
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I have an idea - every company should pay it's workers $10 million dollars a year. The employees would be able to buy so much stuff that employment would go THROUGH THE ROOF!Comment
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See? Inflation!Originally posted by Kuciwalker
I have an idea - every company should pay it's workers $10 million dollars a year. The employees would be able to buy so much stuff that employment would go THROUGH THE ROOF!Founder of The Glory of War, CHAMPIONS OF APOLYTON!!!
'92 & '96 Perot, '00 & '04 Bush, '08 & '12 Obama, '16 Clinton, '20 Biden, '24 HarrisComment
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Yeah, high minimum wages are really a killer for both companies and society. Luckily we don't have a minimum wage here, so we don't have your problems. Typical low skilled work are only rewarded with $17 pr hour, but we pay the dire consequences with an unemployment rate at a staggering 6 %. The same goes for the inflation wich is as high as 1 maybe 2 percent. Society are also crumbling since we have forced almost all women to join the labor force, so no mommies cuddling their children.
Fortunately we tax them hard (30-40%), but of course it's a drawback that we offer them free education, free medical treatment and social security.
Dear US polytubbies, fight hard to keep your minimum wages as low as you can so you don't end up in same horrible situation as we are in.With or without religion, you would have good people doing good things and evil people doing evil things. But for good people to do evil things, that takes religion.
Steven WeinbergComment
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