If minimum wage is raised from $7.25 to $15.00 an hour, then what? Seattle, Washington is apparently the trend setter in this notion, and the increase is slated to take place over the next three years. Right now, according to this website, the current minimum wage in Seattle is $11.00 an hour. While the wages increase annually toward $15.00, what will the cost of living do? If we can learn anything from history at all, the cost of living will probably increase right along with or just ahead of the wage increase. The wealth war between minimum wage and the elite will not be resolved by increasing minimum wage.
A part time job, even a full time job making $15.00 an hour will not close the wealth gap. What it will do, however; is decrease the buying power of all those currently making between $10 and $30 an hour. Even if minimum wage is doubled, we have to consider the fact that the earnings of most positions presently above minimum wage, will not be doubled. This will negatively impact most of what's left of the Middle Class, as the pay scale for most nonfarm employment falls between $10 and $30 an hour.
It's time to wrap our mind around a simple fact. Those earning the lowest income are always going to struggle, economically. If minimum wage is raised to $50.00 an hour, the cost of bare basics will be commensurate with that figure. There is no one who will be impacted positively by doubling the minimum wage. What happens to those who are now earning less than $15.00 and hour but more than minimum wage? Did you know beginning salary in some areas for firefighters is $11.00 an hour? How will cities, which are already on the brink of bankruptcy, double their salary? Surely no one believes a firefighter should be paid less than those flipping burgers. Pharmacy Technicians earn an average of $11.86 an hour, which is an annual salary under $25,000. Forty hours a week at $15.00 an hour amounts to $31,200.
We also have to consider the number of people on fixed incomes and how that would compare to a doubled minimum wage. There are also many state and health workers who are not earning $15.00 an hour. Patient Care Technicians average about the same as Pharmacy technicians and we need to face facts, health care is huge in this country. There are a number of people making less than $15.00 an hour taking care of people on fixed incomes that are nowhere near $30,000 a year.
The entire concept of entry level positions and counter help making $15.00 an hour is simply ludicrous. The economy would be shifted off center, with no stabilizing foundation. The two things it would accomplish, is the absolute final destruction of the Middle Class, and fully impoverish those dependent upon government provision.
Showing posts with label wage. Show all posts
Showing posts with label wage. Show all posts
Monday, April 20, 2015
Sunday, January 18, 2015
Impoverished Indulgence and Entitlement
The Other 1 Percent seems to have more areas of agreement than most other "groups." It's not that we agree on everything, but we agree on a number of basics and that's enough to not focus on the differing details. Also, there's the fact that the Other 1 percent is busy and doesn't really have a great deal of free time to play the blame game. We know the system of perpetual motion can't self start or self-recover. We already know that, as well as realizing money is like water, in that, it will seek it's own level . . .
As some are just sure raising the minimum wage to $15.00 an hour will repair this broken economy, others are flying to the other extreme, just sure it will collapse the economy. The economy is already collapsing under the printing presses. Increased minimum wage will only reduce the buying power of what's left of the Middle Class. I've been in ministry long enough to hear folks' various economic struggles and it's really not about the income, it's about management and priorities. Scripture says we are to be faithful in the little things and we'll be given much. I know for a fact and have shared with others, G-d will not give us more of what we already cannot handle . . . and that includes money!
Consider this, in regard to raising the minimum wage. There are already people making between $14.00 and 18.00 an hour that still can't make ends meet. There were people making that wage back when minimum wage was $5 something and they were still going upside down in cars and houses. And that is not about distribution of wealth, that's simply a choice of lifestyle. If there were to be a redistribution of wealth, within a matter of months, the wealthy would once again be holding the majority of the money and the people now crying for redistribution would once again have empty pockets. When someone chooses to live beyond their means, they are going to be behind, all the time, with an excuse every time; regardless of how much they make. We've all read about real estate moguls and millionaires filing bankruptcy. It's possible to live beyond one's means on every level of income, and it is also possible to live within one's means on even low income levels, as long as one is willing to work and prioritize responsibly.
I remember my days of being poor, and that's certainly not to say I'm wealthy now, but my days of not being able to make ends meet was a clear case of not being right with G-d and not being responsible with my income. I wasn't a partier, I just simply lived with poor priorities and kept company with folks who did the same. Americans make choices, then try to create an image of success or victimhood, but the choices are made. Many simply choose other priorities and indulgences knowing, yes knowing, someone will provide their basic needs. There's no reason on earth, someone making $12.00 an hour cannot afford their own groceries, but there are many. If the family is large, then assistance is available on that income, but management is still the key that makes the difference between independence and need.
Whether it's SNAP cards, automatic deposit, food pantries and community services, taking the shame out of begging has created an atmosphere of impoverished indulgence and entitlement.
Consider this, in regard to raising the minimum wage. There are already people making between $14.00 and 18.00 an hour that still can't make ends meet. There were people making that wage back when minimum wage was $5 something and they were still going upside down in cars and houses. And that is not about distribution of wealth, that's simply a choice of lifestyle. If there were to be a redistribution of wealth, within a matter of months, the wealthy would once again be holding the majority of the money and the people now crying for redistribution would once again have empty pockets. When someone chooses to live beyond their means, they are going to be behind, all the time, with an excuse every time; regardless of how much they make. We've all read about real estate moguls and millionaires filing bankruptcy. It's possible to live beyond one's means on every level of income, and it is also possible to live within one's means on even low income levels, as long as one is willing to work and prioritize responsibly.
I remember my days of being poor, and that's certainly not to say I'm wealthy now, but my days of not being able to make ends meet was a clear case of not being right with G-d and not being responsible with my income. I wasn't a partier, I just simply lived with poor priorities and kept company with folks who did the same. Americans make choices, then try to create an image of success or victimhood, but the choices are made. Many simply choose other priorities and indulgences knowing, yes knowing, someone will provide their basic needs. There's no reason on earth, someone making $12.00 an hour cannot afford their own groceries, but there are many. If the family is large, then assistance is available on that income, but management is still the key that makes the difference between independence and need.
Whether it's SNAP cards, automatic deposit, food pantries and community services, taking the shame out of begging has created an atmosphere of impoverished indulgence and entitlement.
Sunday, December 21, 2014
The Cost of Living
With the price of oil plummeting, I'm expecting to see other costs destabilize. At this point and time, I'm not even sure what that really means or could possibly entail, but without the gold or silver standard, and so many global currencies; oil is really the global standard. If the American dollar now has more buying power regarding a barrel of oil, I think that usually means deflation or inflation is coming. I think both are on the horizon. Economy experts have forecasted an improved 2015 for America's economy, but much of that is based upon oil and gas, while the price of oil has dropped dramatically.
I believe we're going to see another drop in the value of tangible assets, or at least the selling power of them and I think we're going to see an increase in the cost of living. The Great Repression of 2008 brought about a real change in the economic climate of this country, with a severe drop in the standard of living for the Middle Class. In going back to campaign rhetoric of our current leader, he frequently used the term "working class" in reference to what used to be the Middle Class.
In recent conversations, I've experienced not sticker shock, but what I would call "Cost of Living Shock." I truly had not realized how far out of the economic loop this homesteading lifestyle had taken me. My daughter started it, last year when we were talking about her sister's move. I had said something about them being here for a month and giving me $200.00. My daughter just looked at me over her wine glass and asked, "Two hundred dollars, what's that even begin to cover?" I then stopped and thought about how much my kids talk about their cost of living, especially the one who had given $200.00 . . . so I certainly quit feeling guilty for having taken almost enough money to cover the cost of my internet overage through their stay. I have now heard others speak of their income, their monthly expenses, and in many cases, their continued need for assistance.
Obviously, some of the cost of living has to do with money management. I choose to be frugal to a point, but really, I buy what I need and usually what I want. I just don't require a lot of high tech gadgetry and I still prefer investments to just purchases. I don't know that I'll be here in 40 years, but if America is still in business, some of the things I've implemented here in Goshen could still be operational and of course, much of the homesteading lifestyle is perpetual. As others describe their income, I'm shocked. I've been out of the mainstream workforce for so long, I had no idea people actually complained about the level of income I'm hearing about. I can't imagine how they find a way to be broke with that much income!
Our economy did not recover and it's shaky. We can't keep mismanaging our income and expect G-d, government, or charity to continue to provide. Wealth does not begin in the wallet, it begins in the way we think and manage.
I believe we're going to see another drop in the value of tangible assets, or at least the selling power of them and I think we're going to see an increase in the cost of living. The Great Repression of 2008 brought about a real change in the economic climate of this country, with a severe drop in the standard of living for the Middle Class. In going back to campaign rhetoric of our current leader, he frequently used the term "working class" in reference to what used to be the Middle Class.
In recent conversations, I've experienced not sticker shock, but what I would call "Cost of Living Shock." I truly had not realized how far out of the economic loop this homesteading lifestyle had taken me. My daughter started it, last year when we were talking about her sister's move. I had said something about them being here for a month and giving me $200.00. My daughter just looked at me over her wine glass and asked, "Two hundred dollars, what's that even begin to cover?" I then stopped and thought about how much my kids talk about their cost of living, especially the one who had given $200.00 . . . so I certainly quit feeling guilty for having taken almost enough money to cover the cost of my internet overage through their stay. I have now heard others speak of their income, their monthly expenses, and in many cases, their continued need for assistance.
Obviously, some of the cost of living has to do with money management. I choose to be frugal to a point, but really, I buy what I need and usually what I want. I just don't require a lot of high tech gadgetry and I still prefer investments to just purchases. I don't know that I'll be here in 40 years, but if America is still in business, some of the things I've implemented here in Goshen could still be operational and of course, much of the homesteading lifestyle is perpetual. As others describe their income, I'm shocked. I've been out of the mainstream workforce for so long, I had no idea people actually complained about the level of income I'm hearing about. I can't imagine how they find a way to be broke with that much income!
Our economy did not recover and it's shaky. We can't keep mismanaging our income and expect G-d, government, or charity to continue to provide. Wealth does not begin in the wallet, it begins in the way we think and manage.
Sunday, September 7, 2014
The Difference
Most of our society has become oblivious to the concept of need vs. want. Then there's the fact that the concept of a finished product faded from factory work years ago, not to mention entertainment is now considered to be a service, as well as a necessity.
When we began working for money, wealth was defined by material possessions and how we spend our free time, the concept of a product and service truly got lost. It is my fervent hope that the Other 1% actually increases in numbers. An actual product and service based economy would change the imbalance of our current situation. I don't see that happening, but that would do it. It's really very simple math.
A few, very few people have most of the money, because the majority prefers to pay and gripe. If people stopped going to movies and watching sports, the celebrities and athletes would not be millionaires, and the media moguls and team owners would not be The One Percent.
I would love to see more people live above the poverty line, but raising minimum wage isn't the answer. Far too many folks just can't see what raising the minimum wage will actually do in this country. First and foremost, always remember, if politicians are for it, it won't benefit the people. Over half of the representatives in Washington are in The One Percent. This aristocracy crosses party lines . . . If minimum wage is raised to $11.00 an hour, that means everything that is assembled or served by folks making minimum wage will go up. It also means, the rest of the work force will will either insist upon higher wages, or their buying power will be reduced by the increase to cover the increased minimum wage.
Selling hamburgers is not manufacturing and phone plans are not really providing a service. Manufacturing used to involve making something tangible that was either lasting or met a "needed" purpose. A genuine product and service economy doesn't actually require money. The money is for convenience and taxes. A product and service economy provides a way for everyone to have what they need that they can't actually make or do for themselves. The auto industry used to be a great example of this. So was pre-pharmaceutical health care and genuine retail sales, for that matter.
Basically, it's not about the money at all, but rather it's about priorities. Poor people can be greedy. Wealthy people can be conscientious. The only thing that will change this faltering economy, and truthfully, I think it's too late, is for people to stop working for money and start using their G-d given talents to make or trade what they need to live. I speak from experience, entertainment is not so necessary when you enjoy your life.
When we began working for money, wealth was defined by material possessions and how we spend our free time, the concept of a product and service truly got lost. It is my fervent hope that the Other 1% actually increases in numbers. An actual product and service based economy would change the imbalance of our current situation. I don't see that happening, but that would do it. It's really very simple math.
A few, very few people have most of the money, because the majority prefers to pay and gripe. If people stopped going to movies and watching sports, the celebrities and athletes would not be millionaires, and the media moguls and team owners would not be The One Percent.
I would love to see more people live above the poverty line, but raising minimum wage isn't the answer. Far too many folks just can't see what raising the minimum wage will actually do in this country. First and foremost, always remember, if politicians are for it, it won't benefit the people. Over half of the representatives in Washington are in The One Percent. This aristocracy crosses party lines . . . If minimum wage is raised to $11.00 an hour, that means everything that is assembled or served by folks making minimum wage will go up. It also means, the rest of the work force will will either insist upon higher wages, or their buying power will be reduced by the increase to cover the increased minimum wage.
Selling hamburgers is not manufacturing and phone plans are not really providing a service. Manufacturing used to involve making something tangible that was either lasting or met a "needed" purpose. A genuine product and service economy doesn't actually require money. The money is for convenience and taxes. A product and service economy provides a way for everyone to have what they need that they can't actually make or do for themselves. The auto industry used to be a great example of this. So was pre-pharmaceutical health care and genuine retail sales, for that matter.
Basically, it's not about the money at all, but rather it's about priorities. Poor people can be greedy. Wealthy people can be conscientious. The only thing that will change this faltering economy, and truthfully, I think it's too late, is for people to stop working for money and start using their G-d given talents to make or trade what they need to live. I speak from experience, entertainment is not so necessary when you enjoy your life.
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