$33/Hr minimum wage proposed in New York

[madfranks]

The people who advocate and propose such nonsense are astonishingly ignorant. Why stop at $33/hr? Why not mandate $100/hr minimum wage, or $500?

https://www.nytimes.com/2019/01/04/nyregion/the-15-dollar-minimum-wage-is-not-enough.html

Snippets from article:



A single parent with two school-age children, for example would need to make nearly $69,427 a year, according to City Harvest’s Self-Sufficiency calculator. That amounts to an hourly wage of just under $33.

So to live comfortably enough in all but the most expensive quarters in Brooklyn, a two-parent family with two children would need to make about $70,000 a year, which would mean that each parent would need to earn just over $16 an hour. That figure accounts for the $433 the family would receive in child-related tax credits. All across the city, the cost of basic needs is rising faster for low-income families that conventional inflation metrics actually indicate. Also dispiriting is the fact that nearly a quarter of households that fall below the self-sufficiency standard include an adult with a bachelor’s degree.

In many, many cases, a $15 hourly wage will not bring a family, or even a single person, to an adequate living standard. That hardly means the fight was worthless; it just means the war is ongoing.

It's almost like the author thinks people are stuck earning the minimum wage, and short of government regulation, have no means to earn more money.

[Ares]

Sooner or later the free market minimum wage of $0/hr will show up.

You Can Avoid Reality, But You Cannot Avoid the Consequences of Avoiding Reality

[midnight rambler]

A single parent with two school-age children,

I'm thinking these jokers are unable to make the connection between destroying the family and single parents struggling.

[mamboni]

This is a symptom of accelerating inflation. I've noticed food prices creeping up weekly. And so-called Dollar Stores are in name only, as most items are now priced in multiple dollars and some are not such bargains.

[osoab]

I'm thinking these jokers are unable to make the connection between destroying the family and single parents struggling.

The first three words gave away the actual problem.

[Jewboo]

This is a symptom of accelerating inflation. I've noticed food prices creeping up weekly. And so-called Dollar Stores are in name only, as most items are now priced in multiple dollars and some are not such bargains.

https://static1.squarespace.com/static/585c5b5a9de4bb6fe48becb4/t/585ee320893fc0e1cd04d279/1482613537087/?format=1500w

My Social Security retirement benefit COLA increase Jan 1st was twenty bucks.

:o

[madfranks]

My Social Security retirement benefit COLA increase Jan 1st was twenty bucks.

:o

What are you going to do with all that extra money?

[midnight rambler]

What are you going to do with all that extra money?

Buy an extra grocery basket overflowing with groceries of course!

[Jewboo]

What are you going to do with all that extra money?

https://www.dailybulletin.com/wp-content/uploads/migration/2017/201701/NEWS_170119432_AR_0_YTXYQLYHCSPO.jpg?w=620

I just double-checked my bank statement and the COLA is a whole $23 monthly.

Albertson's has a 10% senior citizen discount on the first Thursday of the month. Even so, they still need a Vaseline dispenser at the checkout counter...

Mamboni is right about Inflation.

:(

[Neuro]

https://static1.squarespace.com/static/585c5b5a9de4bb6fe48becb4/t/585ee320893fc0e1cd04d279/1482613537087/?format=1500w

My Social Security retirement benefit COLA increase Jan 1st was twenty bucks.

:o

They did something to the back wheels of the trolleys in 1992?

[vacuum]

AA single parent with two school-age children

Hm, almost like there are consequences for choosing to be a single parent with 2 children.

[Neuro]

Hm, almost like there are consequences for choosing to be a single parent with 2 children.
I think if your husband or wife dies from circumstances outside of control and you have small children and you or your immediate family are not wealthy, you should be a priority for aid from a limited welfare system. If you can’t remember who impregnated you, or the impregnator lacks resources to support his spawn, bad choice, live with it. No one but you are responsible for the shitty choices you do in life, and YOUR children has to pay for that too.

[monty]

https://www.dailybulletin.com/wp-content/uploads/migration/2017/201701/NEWS_170119432_AR_0_YTXYQLYHCSPO.jpg?w=620

I just double-checked my bank statement and the COLA is a whole $23 monthly.

Albertson's has a 10% senior citizen discount on the first Thursday of the month. Even so, they still need a Vaseline dispenser at the checkout counter...

Mamboni is right about Inflation.

:(

you must be doing something wrong Book, my COLA is $47 monthly.

[Horn]

Fixed wage earners are only applicable at economies that underperform.

[Jewboo]

you must be doing something wrong Book, my COLA is $47 monthly.

https://4.bp.blogspot.com/-gWJ6NYmxb7Y/U3a9K6ZL7cI/AAAAAAAAGy0/_knVTwRk3rw/s1600/aljolson1.jpg

Low wage shirker who took 75% SS at age 62. Looking back on it I'd do it again...now I'm milking the gibsmedat system like a nigger.

:D

[osoab]

you must be doing something wrong Book, my COLA is $47 monthly.

Party time!

[Hitch]

https://4.bp.blogspot.com/-gWJ6NYmxb7Y/U3a9K6ZL7cI/AAAAAAAAGy0/_knVTwRk3rw/s1600/aljolson1.jpg

Low wage shirker who took 75% SS at age 62. Looking back on it I'd do it again...now I'm milking the gibsmedat system like a nigger.

:D

That's what I hope to do. :)

Good news guys, your well earned SS benefits get a nice 2.8% raise in 2019!

https://www.cnbc.com/2018/10/11/your-social-security-check-will-get-a-2point8percent-boost-in-2019.html

[Jewboo]

https://www.cnbc.com/2018/10/11/your-social-security-check-will-get-a-2point8percent-boost-in-2019.html

"Social Security benefits have lost 34 percent of their buying power since 2000, according to a study released by the Senior Citizens League in June. While benefits have increased by 46 percent through cost-of-living increases since 2000, senior expenses have risen 96.3 percent, according to the nonpartisan senior group."

:(

[monty]

https://4.bp.blogspot.com/-gWJ6NYmxb7Y/U3a9K6ZL7cI/AAAAAAAAGy0/_knVTwRk3rw/s1600/aljolson1.jpg

Low wage shirker who took 75% SS at age 62. Looking back on it I'd do it again...now I'm milking the gibsmedat system like a nigger.

:D

I took mine at 62 as well. But I don’t think you’re milking the system. You and your employer(s) paid into the system all the years you worked, therefore it is your money.

[madfranks]

"Social Security benefits have lost 34 percent of their buying power since 2000, according to a study released by the Senior Citizens League in June. While benefits have increased by 46 percent through cost-of-living increases since 2000, senior expenses have risen 96.3 percent, according to the nonpartisan senior group."

:(

It will only get worse. The projected demands on the social security fund guarantee it. Benefits will decrease more, bit by bit, and taxes will raise, bit by bit, until when people like me decide to retire, it'll be meaningless.

[Horn]

It will only get worse. The projected demands on the social security fund guarantee it. Benefits will decrease more, bit by bit, and taxes will raise, bit by bit, until when people like me decide to retire, it'll be meaningless.

Unless you retire to Colombia, where u can rent a place for an entire week with $20

[Cebu_4_2]

NYC Minimum Wage Law Forcing Higher Prices and Restaurant Closures

An increase in the New York City minimum wage is forcing some restauranteurs to either close up shop or raise their prices.

According to a report (https://www.wsj.com/articles/minimum-wage-boost-squeezes-new-york-city-restaurants-1493847990) from The Wall Street Journal, New York City restaurants are suffering as a result of a two dollar increase in the minimum wage that took place at the end of 2016.

“It’s going up too fast,” said Jeremy Merrin, the owner of a chain of Cuban restaurants. Merrin said minimum wage increases forced him to close two of his New York City locations and raise prices at his others. “We can’t catch our breath,” he added.

Angelica Kitchen, long a staple of the East Village, closed their doors after 40 years of operation in response to the increased cost of labor mandated by the new wage policy. “I felt like I was being regulated in a way that took certain choices away from me that I felt belonged to me, rightfully, as a business owner,” owner Leslie McEachern said. “I’m not trying to undercut or underpay anybody, but I also don’t know what’s coming down the pike.”

Despite the negative effects of December’s increase, minimum wages in the city are set to increase again by another two dollars at the end of 2017.
Not all restaurant owners are lamenting the new wage policy. Jason Wang, the founder of Xi’an Famous Foods in Manhattan supports the wage increase policy. However, he claims that to offset the increase in the cost of labor, he was forced to raise his prices.

“No one is ever going to celebrate a price increase,” Wang said. “But I think that with the wage increases, people won’t see working in the food industry as a lowest-paying job you take if you can’t find work, and start viewing it as a career. It will be good for the industry in the long run.”

A study of the effect of minimum wage policies on restaurant employment revealed that minimum wage policies hinder job creation. After Seattle increased the city’s minimum wage from $11 to $15, they saw a 900 job drop in overall jobs in the restaurant industry. At the same time, the state of Washington, whose minimum wage remains at $11, saw consistent job creation in the restaurant industry, adding 6,200 jobs over the same time period.

[Horn]

but I also don’t know what’s coming down the pike.

No doubt closing all the downtown outlets and only keeping "uptown" Communist elite branches open like Lithuania where cops make more dough than professors.

[latemetal1]

Certain cities are just too damn expensive and will drive the working class out. Off topic, for those of you who went out at 62, how did you cope with health insurance...?

[Jewboo]

Off topic, for those of you who went out at 62, how did you cope with health insurance...?

That was a tough one. Wore a $24 truss (https://images-na.ssl-images-amazon.com/images/I/61J95aFOzCL._SX355_.jpg) for a year and the moment I hit 65 received awesome inguinal hernia surgery for only $100 out-of-pocket thanks to Medicare.

[monty]

Certain cities are just too damn expensive and will drive the working class out. Off topic, for those of you who went out at 62, how did you cope with health insurance...?

Medicare is all. I have found self-pay much less of a hastle and not too expensive, simpler than dealing with the Medicare bureaucracy. I have been blessed with good health.