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I calculated based on minimum wage 30 years ago and cost of living

 
Anonymous Coward
User ID: 12335288
United States
06/21/2022 05:40 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Things are more expensive because people want more than there was 50 years ago.

Homes are safer.
Water is cleaner.
People live longer.
Food tastes better.
Cars are safer.
Communication is easier.
Entertainment is exciting.

I'd much rather have the amenities afforded us versus what was available in 1972.
Anonymous Coward
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United States
06/21/2022 05:46 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
90% of jobs in USA are min wage service industry
 Quoting: Anonymous Coward 78221947


hesright

Yep only the top 20% of jobs pay a living wage commensurate with inflation and cost of living.

The bottom 50% of jobs, at least, are literally what a high school kid or soda jerk would bother with in older generations from many decades past.

They're essentially worthless for any adult who wants to build or maintain any kind of life. And has any kind of bills to pay like car, car insurance, rent/mortgage, electric, water, trash, sewar, medical/dental premiums/bills, phone/cable/internet, savings, savings for retirement 401K, random repairs etc...

Totally worthless for any of that and that's AT MINIMUM HALF THE JOBS IN THE COUNTRY!!!!
 Quoting: Anonymous Coward 10305692


We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn.
Now even the minimum wage jobs will be replaced by robotics.

The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code.

Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive.
Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive.
 Quoting: Anonymous Coward 83587463


The key for the future is to tax the productivity of robots or any human replacing tech as if they were a worker. Every self check out register should pay income, SS, state and local taxes.

This will make the replacement calculations swing back towards real people AND also feed the system for the inevitable decline in income tax.
 Quoting: Anonymous Coward 83197112


So we tax a robot (aka Corporation) to generate income to pay for a UBI to pay us to buy the product the Robot makes?

And corporation X should do all this for 0 profit?
The expression "the road to hell was paved with good intentions " seems very apt here.

When people are locked in to a UBI welfare system you have intellectual decline, technological stagnation (at best) and are a pet. Not a person.

The UBI idea is sugar coated serfdom and is the end of your say in your life. If you cannot see that then we are doomed.
Anonymous Coward
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06/21/2022 05:50 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
I made $17 per hour when I was just out of high school right before 9/11 working construction, and it's the richest I've ever felt. Had so much money I didn't even know what to do with it, couldn't spend it fast enough.

Make six figures now and I still feel broke.
ThirstyMarlin

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06/21/2022 05:55 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
QUITE SIMPLY:

The minimum wage is the minimum an employer needs to pay
to get people to work.

And that system works...if you don't fuck with it.

And it's been...guess what? Maybe?

It's hard to get people to work if they can stay home
and live comfortably.

Turn off the government tap...when the water runs out?

And that's where we are RIGHT NOW!

Our economic system in the USA is so CORRUPT
it cannot function properly.

THEREFORE: You can throw all the college economics classes
OUT THE WINDOW!

Because it's ALL BULLSHIT.
FUBAR
Village Gang
Marlin!
hillbilly
User ID: 79632299
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06/21/2022 06:06 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
The key to this puzzle is embedded taxes.
Corporations are exempt, while their 'human resourses', i.e. associates,
formerly known as personnel, supply the company with
their SS 'exemption', which is also tapped when taking out a 'loan'.

The loaner receives the amount 'loaned' upon signing.
They are essentially paid twice, PLUS any usury applied.

Then there's the Circle K, or U, etc. TAXES found on that box of cereal, etc.
which are added every step of the path it takes to your table.
Big Box stores are exempt while Mom & Pops pay you know who.
Anonymous Coward
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06/21/2022 06:13 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
I made $11/hr back in 1992 which I considered a low wage. Minimum wage in 1992 was $5.50. Federally now it’s $7.50/hr. Some states have higher. , Florida being $10/hr and California being$13/hr

Prices of things since 1992 have gone up 300-700% but the Federal minimum wage has only gone up 100%. Gas, for example, has gone up 400%. Toyota pickup roughly up 500%. Rent where I used to live in 1992 has gone up 600%. Food I’m paying probably 300% more

Based on my calculations with cost of living , the min wage should be, at least, $25/hr to be able to pay your bills
 Quoting: Anonymous Coward 78221947


Why should there be a minimum wage? Minimum wage is set by what the minimum is a person is willing to work for... If cost of living grows so much that it is far beyond the minimum wage, employers will offer more anyway or go out of business due to lack of work force... Minimum wage is totally unnecessary... Working for some one is voluntary, you can't afford to work for them at wages offered then don't... It all balances itself out
Anonymous Coward
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United States
06/21/2022 06:15 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
...


hesright

Yep only the top 20% of jobs pay a living wage commensurate with inflation and cost of living.

The bottom 50% of jobs, at least, are literally what a high school kid or soda jerk would bother with in older generations from many decades past.

They're essentially worthless for any adult who wants to build or maintain any kind of life. And has any kind of bills to pay like car, car insurance, rent/mortgage, electric, water, trash, sewar, medical/dental premiums/bills, phone/cable/internet, savings, savings for retirement 401K, random repairs etc...

Totally worthless for any of that and that's AT MINIMUM HALF THE JOBS IN THE COUNTRY!!!!
 Quoting: Anonymous Coward 10305692


We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn.
Now even the minimum wage jobs will be replaced by robotics.

The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code.

Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive.
Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive.
 Quoting: Anonymous Coward 83587463


The key for the future is to tax the productivity of robots or any human replacing tech as if they were a worker. Every self check out register should pay income, SS, state and local taxes.

This will make the replacement calculations swing back towards real people AND also feed the system for the inevitable decline in income tax.
 Quoting: Anonymous Coward 83197112


So we tax a robot (aka Corporation) to generate income to pay for a UBI to pay us to buy the product the Robot makes?

And corporation X should do all this for 0 profit?
The expression "the road to hell was paved with good intentions " seems very apt here.

When people are locked in to a UBI welfare system you have intellectual decline, technological stagnation (at best) and are a pet. Not a person.

The UBI idea is sugar coated serfdom and is the end of your say in your life. If you cannot see that then we are doomed.
 Quoting: Anonymous Coward 83587463


People today don't seem to understand that labor/production IS money. People that don't produce anything themselves and expect all that life has to offer are confused at best and deserve the situation they find themselves.
Anonymous Coward
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06/21/2022 06:18 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
I made $11/hr back in 1992 which I considered a low wage. Minimum wage in 1992 was $5.50. Federally now it’s $7.50/hr. Some states have higher. , Florida being $10/hr and California being$13/hr

Prices of things since 1992 have gone up 300-700% but the Federal minimum wage has only gone up 100%. Gas, for example, has gone up 400%. Toyota pickup roughly up 500%. Rent where I used to live in 1992 has gone up 600%. Food I’m paying probably 300% more

Based on my calculations with cost of living , the min wage should be, at least, $25/hr to be able to pay your bills
 Quoting: Anonymous Coward 78221947


Another one of these threads where someone is complaining about the minimum wage. Which is geared toward the bottom of the barrel, low skilled menial jobs we have in this country. In all your ramblings I never heard once that you took a course in heavy machine operating. I didn't hear anything about you taking night classes to get an associates degree or certificate in welding, machining, drafting, road flagging etc. A job in any one of those fields and you'd be leaps and bounds above the "minimum" wage.
People also don't have a true grasp on how much money they spend on crap they don't need. A gatorade at the gas station here, and candy bar there, 12 subscription services, beer and alcohol on the weekends and after work, amazon and ebay purchases.
Minimum wage jobs are supposed to be temporary gigs for young people trying to figure out what they want to do with the rest of their lives. This is the time to have 2 or 3 roommates, save a shitton of money, party a little bit and plan your moves to the big leagues. Or, those jobs are meant for older people to have something to do instead of sitting in a chair with a blanket in their lap waiting 20 years to die.

You're focused on the minimum instead of maximizing your skills to get paid what your deserve. NGMI
Anonymous Coward
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06/21/2022 06:24 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
Minimum wage wasn't meant to be used to survive on. Its for kids getting their first jobs or adults who are rooming up with others.
 Quoting: Anonymous Coward 81073326


Why do corporations think they can steal people's youth at bargain discount prices?

Time in earth is life's most scarce commodity and youth is the most valuable portion of that commodity, why to you think it's OK to take people's lives from them for the paltry profit of old men?
 Quoting: Anonymous Coward 38200842


Corporations have no God given right to low wage serfs.

It's time to dismantle the Oligarchy one CEO head at a time.

We need to decorate the streets with the disembodied heads of CEOs across the country every Friday and call it casual Friday.

Maybe then they will see we are not fucking around and start to wake the fuck up.

I wonder how many CEOs will adorn lampposts before they finally capitulate.
Anonymous Coward
User ID: 68998005
United States
06/21/2022 06:26 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
So many stupid people these days, it's no wonder we are devolving so fast.
Anonymous Coward
User ID: 68231041
Canada
06/21/2022 06:35 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
And the bank wants me to put 20% of my income into an account that earns half of inflation as interest. Basically they want me to quit buying things to survive and watch my money lose value.
Anonymous Coward
User ID: 83728124
Japan
06/21/2022 07:01 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
I made $17 per hour when I was just out of high school right before 9/11 working construction, and it's the richest I've ever felt. Had so much money I didn't even know what to do with it, couldn't spend it fast enough.

Make six figures now and I still feel broke.
 Quoting: R. Wordsworth


bump
Anonymous Coward
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06/21/2022 07:12 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
You couldn’t survive on such a low wage
 Quoting: Anonymous Coward 78221947


I agree that things have gone up faster than wages but ...

You could never survive on minimum wage not in 1992 or 2022.
 Quoting: Anonymous Coward 79667372


They have to keep the struggling lower class workers struggling - otherwise no one would do the shit work
Anonymous Coward
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06/22/2022 07:36 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
bump
Anonymous Coward
User ID: 77949466
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06/22/2022 09:46 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
That’s like saying, since you didn’t want to further educate yourself beyond the 8th grade, large companies should subsidize your living forever. Makes no sense. Do you realize there are several consequences for raising the minimum wage? Here’s a few examples:
1. Minimum wage is now $20 an hour, you are an employer and you have two candidates in front of you. A blue haired 400lb Cheeto eating video gaming 22 year old with no formal education, or a well dressed, manicured, out of work computer programming 60 year old college grad, white or black male or female. Who do you hire? Raising minimum wage puts the young folks out of work; it’s been proven over and over again. The folks fussing for higher wages price themselves right out of a job.

2. Minimum wage is now $20 an hour. What do you suppose Wal Mart will do if you just doubled their payroll costs for about 75% or their workforce? Just eat the cost? Nope, they will replace you and your friend with more reliable workers, lay-off workers and hire robots, reduce working hours, increase costs of their products across the board. How does this help anyone looking for minimum wage jobs? Don’t get me started on how this exponentially increases benefit costs (Workers Comp, 401K matching, etc).

3. Minimum wage is $20 an hour. You own a Mom and Pop hardware store; one of two left in your State. You’re looking to hire someone at $15 an hour, which is killing you because you can really only afford paying $12 an hour. Guess what, no candidates will seek you out as an employer because you are not willing to pay high wages for low skilled labor. You’re forced to work late, pick up shifts beyond what you’d normally work, shut down the store due to lack of help, close your business because you’ve reached burnout and bankruptcy.

Tell me again how raising the minimum wage would help the US?

The minimum wage is not designed to subsidize folks’ standard of living. It is designed to prevent employers from only paying $1 an hour to shovel coal or bust rocks. Think about it, if you don’t only want to make $10 an hour for the rest of your life, what do you do? Wine about how no one ever helps the little guy? No, you educate yourself, learn a skill/trade, you adapt, get two jobs, you survive. Forcing companies to pay you more is just like asking the Govt to pay off your student loans. No one is going to help you, you have to help yourself.
 Quoting: Say no to Minimum Wage! 74642967



I worked 9 years for the worlds largest insurance carrier in a non entry level position. I was a compliance specialist specializing in quality of care investigations, reporting and resolution. I have people offering me $15 an hour when I already make $30. I wish they would blow their own brains out rather than sending me endless emails offering 50% of what I already make. They can do the job themselves rather than trying to enslave someone!
 Quoting: Anonymous Coward 80296477


HAHAAH hold on i couldnt get past the first line. Large subsidies should fund my standard of living?? AHHHH hahahah motherfucker you aint experienced no real struggle. come up in here and act like you know some shit.

Why the fuck do you think you have to get a college education out of your OWN goddamn pocket just to have a real job! Because the corporations put that onto the taxpayers. All the job training man they fucking got rid of. Did you notice? Did you notice how they don't want to train workers for anything?


THEY WANT THEM TO TRAIN THEMSELVES AND YOU THE TAXPAYER AND THEM THE SCUM WORKER TO ENRICH THEM

I own a business too motherfucker i aint no commie but what you gonna do with 5,7,$9 an hour. It's 2022. I dont care if its 16 year olds the wage for their first job should be fucking adjusted for inflation years ago and so should everybody else.

Everyone is essential to make the system fucntion poroperly. We saw that during the pandemic. JUst because you make more money doesn't mean you work harder.

You make the law $1 an hour minimum wage and they will fucking pay that to people; they do it in other countries!

You make me sick to my stomach if you think people can survive off what will barely buy you a candy bar. You have seemingly no frame of reference or heart

that is why i have concluded by only reading your first sentence that you dont know shit about struggle or how poverty really works
Anonymous Coward
User ID: 77949466
United States
06/22/2022 09:50 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
ANd its huge too! think of all that fucking money the corporations backdoored by not training anybody anymore

THey had a field day and looted the country
Anonymous Coward
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06/22/2022 10:18 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
bump
 Quoting: Anonymous Coward 83719469
Anonymous Coward
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Netherlands
06/23/2022 05:52 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
bump
 Quoting: Anonymous Coward 83719469

 Quoting: Anonymous Coward 82487843
Anonymous Coward
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06/23/2022 06:45 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
...


hesright

Yep only the top 20% of jobs pay a living wage commensurate with inflation and cost of living.

The bottom 50% of jobs, at least, are literally what a high school kid or soda jerk would bother with in older generations from many decades past.

They're essentially worthless for any adult who wants to build or maintain any kind of life. And has any kind of bills to pay like car, car insurance, rent/mortgage, electric, water, trash, sewar, medical/dental premiums/bills, phone/cable/internet, savings, savings for retirement 401K, random repairs etc...

Totally worthless for any of that and that's AT MINIMUM HALF THE JOBS IN THE COUNTRY!!!!
 Quoting: Anonymous Coward 10305692


We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn.
Now even the minimum wage jobs will be replaced by robotics.

The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code.

Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive.
Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive.
 Quoting: Anonymous Coward 83587463


The key for the future is to tax the productivity of robots or any human replacing tech as if they were a worker. Every self check out register should pay income, SS, state and local taxes.

This will make the replacement calculations swing back towards real people AND also feed the system for the inevitable decline in income tax.
 Quoting: Anonymous Coward 83197112


So we tax a robot (aka Corporation) to generate income to pay for a UBI to pay us to buy the product the Robot makes?

And corporation X should do all this for 0 profit?
The expression "the road to hell was paved with good intentions " seems very apt here.

When people are locked in to a UBI welfare system you have intellectual decline, technological stagnation (at best) and are a pet. Not a person.

The UBI idea is sugar coated serfdom and is the end of your say in your life. If you cannot see that then we are doomed.
 Quoting: Anonymous Coward 83587463


The standard of UBI will be lowered and lowered until it's a bowl of rice and crickets. People think the rich and powerful assholes will throw money on them, once there is UBI and powerful AI/police state to control dissident the will lower the UBI to starvation level because ... why not ? Human nature is sadism and greed and living on other's people mercy is really bad idea. People have good lives now because of two reasons 1) labour state in capitalism 2) can topple government with riots and revolutions but when one world government with social credit system and AI factories is created all your leverage is gone. I'm pretty sure this 'free' UBI will come with strings attached like forced vaccinations so you don't take this precious UBI for too long, basically, human farm.
Anonymous Coward
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Netherlands
06/23/2022 06:57 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
...


We exported our manufacturing jobs. We took tax revenue and spent it on building a hereditary lower class. We screwed our education system 6 ways to Sunday so our kids have no skills or knowledge. In short, the elite ate our seed corn.
Now even the minimum wage jobs will be replaced by robotics.

The "good" jobs are less and less, and the future is in the hands of TikTokers and kids who think they can code.

Barring a catastrophic Rally 'round the Flag event event I do not think the middle class that made America can survive.
Sadly, with the amount of stupidity rampant in America, I wonder if we deserve to survive.
 Quoting: Anonymous Coward 83587463


The key for the future is to tax the productivity of robots or any human replacing tech as if they were a worker. Every self check out register should pay income, SS, state and local taxes.

This will make the replacement calculations swing back towards real people AND also feed the system for the inevitable decline in income tax.
 Quoting: Anonymous Coward 83197112


So we tax a robot (aka Corporation) to generate income to pay for a UBI to pay us to buy the product the Robot makes?

And corporation X should do all this for 0 profit?
The expression "the road to hell was paved with good intentions " seems very apt here.

When people are locked in to a UBI welfare system you have intellectual decline, technological stagnation (at best) and are a pet. Not a person.

The UBI idea is sugar coated serfdom and is the end of your say in your life. If you cannot see that then we are doomed.
 Quoting: Anonymous Coward 83587463


The standard of UBI will be lowered and lowered until it's a bowl of rice and crickets. People think the rich and powerful assholes will throw money on them, once there is UBI and powerful AI/police state to control dissident the will lower the UBI to starvation level because ... why not ? Human nature is sadism and greed and living on other's people mercy is really bad idea. People have good lives now because of two reasons 1) labour state in capitalism 2) can topple government with riots and revolutions but when one world government with social credit system and AI factories is created all your leverage is gone. I'm pretty sure this 'free' UBI will come with strings attached like forced vaccinations so you don't take this precious UBI for too long, basically, human farm.
 Quoting: Anonymous Coward 80239645


Everybody seems to afford everything except for me

Everybody is AI and I’m leaving
Anonymous Coward
User ID: 81835225
United Kingdom
06/23/2022 07:19 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
From a UK angle the average hourly wage in 1994 for a Manual worker was 6 pounds an hour. For White Collar it was 10 pounds and some change.
The newly introduced National Minimum Wage in the UK in 1999 was £3.60 an hour...
Anonymous Coward
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Nigeria
06/23/2022 11:11 AM
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Re: I calculated based on minimum wage 30 years ago and cost of living
In San Diego the minimum wage in 1992 was $5.15/hour
Anonymous Coward
User ID: 6574922
United Kingdom
07/10/2022 01:28 PM
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Re: I calculated based on minimum wage 30 years ago and cost of living
From a UK angle the average hourly wage in 1994 for a Manual worker was 6 pounds an hour. For White Collar it was 10 pounds and some change.
The newly introduced National Minimum Wage in the UK in 1999 was £3.60 an hour...
 Quoting: Anonymous Coward 81835225


LOL I started working in a factory in 2012 doing hard, physical labour for £6 an hour. And we just switched from a M-F working week to rolling 12 hour shifts.





GLP