Why Not DECREASE the "Living Wage" to Minimum Wage?

@mythociate (15005)
Oklahoma City, Oklahoma
January 31, 2013 5:22pm CST
I was invited to sign a petition to President Obama, saying that he should increase the Minimum Wage to (what economists estimate to be) the 'Living Wage.' My reply: "NO! This goes against the very reason why a 'free' market works. In a free market, price-setters adjust their prices in order to provide to the customers; if no customers can afford the goods-&-services you're selling, YOU have set the price too high (oh, I know you probably 'set the price according to how much you yourself paid for it'; but you are FREE to put whatever price you want on it). "The Living Wage IS NOT 'some number the economists figure out from their mothers' High White Tower-basements.' It's the amount of money you are able to get-by on. "For example, MY Living Wage is $5.77-an-hour (assuming a 40- rather than 168-hour work-week---though it seems like the latter sometimes!) It may be 'sad,' living alone in a one-bedroom apartment under 'special arrangements' with the owners to live there at the cut-rate I can pay, only going out (for fun) once-or-twice a week (three times, if the second & third are FREE); some would call it 'imprisonment,' but I call it "gettin` by." "'It's not the SIZE of your bank-account that matters; it's HOW YOU USE IT!'" The petition is simple (like a baby begging for more of the mother's milk) - "To: President Obama----I support a LIVING WAGE: Legislation that creates a minimum hourly wage that is equal to the current estimates for a LIVING WAGE: $13.36----Living wage is defined by the wage that can meet the basic needs to maintain a safe, decent standard of living within the community and have the ability to save for future needs and goals.----Help rebuild our Middle Class!" 'Rebuild our Middle Class' into what? A bunch of lazy, entitlement-hungry bums? ... the greatest returns come to those who aren't expecting any!
2 people like this
7 responses
@AidaLily (1450)
• United States
1 Feb 13
I agree and disagree with you. First, it would be an artificial boost to the economy unless people kept on it and signing petitions for some of these things are just pointless. ----- Second, I think you are missing a lot of points or you are assuming everyone can live like you do which is wrong because not everyone is in the situation where they can essentially live off of someone else or get owners to make 'special arrangements' when it comes to renting a place. As it stands, many people can not get by on the minimum wage in most states. They simply can't because the minimum wage doesn't go up but the prices do. In fact, the prices usually go up on things people need such as food and utilities like heating not the things people might want. If you say "don't buy name brand food then", it wouldn't help. The store brands go up as well. People need food to survive and so they will end up buying it anyway. There wont be a moment of 'hmmm... I think these prices are too high' because people need to buy the food. Also having a 'living wage' does not make people a bunch of lazy, entitlement-hungry bums as you put it. After all, they are working for the money and spending money. They aren't sitting there and getting $13.36 an hour with no work put in or with no job. They would be able to live off of what they make and not depend on government assistance to supplement their income as many would no longer be 'working poor'. ---- Now back to my first point, I think it would be an artificial boost unless people can keep on it. You are obviously still going to have people who couldn't manage money to save their lives, but I wont complain about that. It is how I make money. It wouldn't really hurt any big businesses as their employees and others who work elsewhere would be able to spend more money at their establishments. I think that minimum wages or living wages need to be decided by the state. I don't need anywhere near as much to live off as someone in California or Florida. A living wage here might be 10 or 11 an hour which most people can easily make with experience and/or decent interview skills and a degree you can use. In New York on the other hand the living wage may need to be raised to 15 or 16 an hour possibly more.
@mythociate (15005)
• Oklahoma City, Oklahoma
1 Feb 13
My point is that 'earning a minimum wage' should not be any type of "goal." We are not supposed to be satisfied with minimum wage---the least-possible. If you are desparate to live, you find a way to make it with what you've got. If you can't find a way, too bad. Harsh, I know; but "`dem's `da breaks"
• Redlands, California
25 Feb 13
-Myth, Who do you know that's satisfied with making minimum wage? I think everyone would like to make more money. The problem with your logic is people treat people like crap just because they can. Just because it has been the way forever does not make it right. Now I do not think I ever met anyone that was making minimum wage and was happy about it. If there is some people that have figured a way to where they do not need help from anyone and are happy with earning minimum wage. Then good for them I have yet to meet anyone like this, but if there is and they are happy then that's their choice. I really think the problem with our society is many people choose their path in life based on how much money they think a certain field will make them. They do not choose their path by their passion and what they really enjoy in life. Give me a job that I love doing, as long as I could afford to live in this country that is all I would need. I just do not understand how people put money before their happiness. I know in reality many people do not have a choice but I have known many people pass up their passion just because they thought they could make more somewhere else. You know what happens is people are not as good at their jobs because because they are miserable. If you enjoy your job most likely you are going to exceed at it.
@urbandekay (18312)
2 Feb 13
Your view is un-Godly for is it not written a workman is worthy of his pay? all the best, urban
@mythociate (15005)
• Oklahoma City, Oklahoma
24 Feb 13
No, the view that we ought to adjust the pay according to the prices of good-&-services (instead of adjusting the prices of goods-&-services to the size of the pay) is 'un-Godly' (i.e. forsaking our G*d-given place as RULERS of the world and becoming instead SERVANTS of mankind's greed).
@dandan07 (1908)
• China
1 Feb 13
In most cases, the minimum wage can only sure that people can survive. While to a country, they need talented and educated people to support the run of the country, just people on the survive level can not make it run in a good direction. Giving the money a little more to survive, while people can use the money to improve themselves, at the same time, the country has been improved by their behavior.
@mythociate (15005)
• Oklahoma City, Oklahoma
1 Feb 13
Right, and minimum-wage was designed for the less-than-talented people to survive UNTIL they developed talent!
• Philippines
1 Feb 13
This is a top issue, but I do agree with you however I am not an expert to judge and recommend what I think is good for I am not in the position to study it to the best. I think the best is for us to leave the issue to the expert and let us hope for the best to come out
@mythociate (15005)
• Oklahoma City, Oklahoma
1 Feb 13
Oh? And what makes the "expert-texpert choking smokers" think they know better than we who are LIVING. As I told the COX Communications rep. who asked me how I like the new plans for my 'cable-upgrade' (or whatever it is the techies are doing for me ), "I like to think of money as more of a 'tool' than as a 'resource'; the more work you can do with ONE of the tools, the fewer tools you need!"
@AJ1952Chats (2340)
• Anderson, Indiana
31 Jan 13
I'm with you that doing something like this would be a kind of artificial boost in the economy that would end up doing more harm than good. In short, putting too many demands on the employers to where they end up losing money instead of making money or even breaking even is going to discourage them from hiring American workers. Instead, they're going to either outsource or go out of business. Then, there won't be jobs available at minimum wage, living wage, or increased-by-promotion wage. A minimum wage might not be ideal, but it's better than no wage at all.
@mythociate (15005)
• Oklahoma City, Oklahoma
1 Feb 13
That's right. You get paid 'more' when you DO 'more.' If you can't 'live' on minimum wage, what makes you worth MORE than that? I know it sounds "Scrooge"-y and "New World Order"-y, but What better way to eliminate wasteful market-spending than a minimum wage BELOW the $13+ dollars-an-hour of hoity-toity economists?
1 person likes this
@JenInTN (27565)
• United States
3 Feb 13
Price floors certainly impose stress on the market. If that is raised and nothing changes where the market is concerned, it will cause an increase in unemployment and the market conditions to get worse. I do, however, wonder why it is that the government considers the annual wages of someone, even a couple, that is paid minimum wage as being below poverty level and is eligible for benefits by the government. It seems to me that in that it shows they know people are not going to get by on their current price floor. Maybe these benefits are more a supplement instead of "help."
• United States
1 Feb 13
I go for the "bring down the cost to meet the minimum wage" because every time the wages are increased the prices go up. It was a whold lot easier to keep track when I only earned $300 a month years ago to the 3,000 plus we bring in now.