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Thread: Chamber of Commerce proposes minimum wage hike to at least $10.....

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    Chamber of Commerce proposes minimum wage hike to at least $10.....

    The Chamber of Commerce, the nation's largest business trade association, proposed raising the minimum wage to at least $10 an hour, up from its current rate of $7.25 an hour.


    The Chamber, which has generally opposed raising the rate, said it was making the proposal to counter a vote in Congress set for next week to raise the rate to $15, which it said would hurt the economy.


    "If the interest is in getting something done then we are willing partners for a sincere effort that reflects economic realities and combines these type of trade-offs," said Glenn Spencer, the Chamber's vice president for employment policy.


    "The choice members have as they vote moving forward on this is: Is this an effort to come to compromise as they did previously or is this an effort to have a political vote on $15?"


    The Chamber sent a letter explaining its position all members of Congress Thursday.....snip~


    https://www.washingtonexaminer.com/p...to-at-least-10



    Say what.....this don't make any sense. So what the House will pass a bill for 15 dollars and hour. The Senate will squash it. That excuse doesn't fly.
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    Quote Originally Posted by MMC View Post
    The Chamber of Commerce, the nation's largest business trade association, proposed raising the minimum wage to at least $10 an hour, up from its current rate of $7.25 an hour.


    The Chamber, which has generally opposed raising the rate, said it was making the proposal to counter a vote in Congress set for next week to raise the rate to $15, which it said would hurt the economy.


    "If the interest is in getting something done then we are willing partners for a sincere effort that reflects economic realities and combines these type of trade-offs," said Glenn Spencer, the Chamber's vice president for employment policy.


    "The choice members have as they vote moving forward on this is: Is this an effort to come to compromise as they did previously or is this an effort to have a political vote on $15?"


    The Chamber sent a letter explaining its position all members of Congress Thursday.....snip~


    https://www.washingtonexaminer.com/p...to-at-least-10



    Say what.....this don't make any sense. So what the House will pass a bill for 15 dollars and hour. The Senate will squash it. That excuse doesn't fly.
    Well ten bucks an hour is OK for a HS or college kid , but very hard if not impossible to live on. An increased minimum wage might take some of the 40% social cons always $#@! about "off the dole."
    However, the COL varies dramatically between locations and a federal minimum wage and in some cases even a state wide one is neither fair nor effective. Isn't the "market" supposed to fix this kind of thing on it's own?

    1) Is the reason that doesn't happen because the housing market isn't operating as it should? (in several ways)

    2)Or is it just a step towards a two-class society based upon raw greed?

    3) Or maybe a result of the import of low wage workers , which never got fixed because it benefits both halves of the donkephant? Even Trump has talked about beefing up the "Guest Worker Program" in the unlikely event that we actually severely limit illegal immigration. Now why would he do that?

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    Quote Originally Posted by donttread View Post
    Well ten bucks an hour is OK for a HS or college kid , but very hard if not impossible to live on. An increased minimum wage might take some of the 40% social cons always $#@! about "off the dole."
    However, the COL varies dramatically between locations and a federal minimum wage and in some cases even a state wide one is neither fair nor effective. Isn't the "market" supposed to fix this kind of thing on it's own?

    1) Is the reason that doesn't happen because the housing market isn't operating as it should? (in several ways)

    2)Or is it just a step towards a two-class society based upon raw greed?

    3) Or maybe a result of the import of low wage workers , which never got fixed because it benefits both halves of the donkephant? Even Trump has talked about beefing up the "Guest Worker Program" in the unlikely event that we actually severely limit illegal immigration. Now why would he do that?
    Then again could it be what the CBO talks about, huh? Just a little less hurt for small business owners, Right?


    CBO projects $15 minimum wage would cost 1.3 million jobs


    The nonpartisan Congressional Budget Office said Monday that raising the federal minimum wage to $15 an hour, up from the current rate of $7.25 a hour, would likely cause 1.3 million people to lose their jobs.

    This would erase the overall benefits of the higher wage, with family income falling by $9 billion or about 0.1%, adjusted for inflation.


    The report
    comes as Democrats in Congress are pushing to more than double the federal minimum wage. House Democrats are expected to vote on the Raise the Wage Act, which would raise the rate to $15 by 2024, before the August recess.



    The agency's analysis found that while the poorest would benefit from the effort, most others would see losses. The increase would raise the pay of about 17 million workers currently below the $15 level and another 10 million workers slightly above it, but this would be offset by the reduction in income for families above the poverty line due to fewer jobs, higher prices, and loss in income for business owners.


    Business groups countered that the report should give lawmakers pause. "The consequences will be especially brutal for small businesses, which already operate within razor-thin budget margins. House Democrats — who are expected to consider federal $15 minimum wage legislation this month — should take into account Monday’s report and pursue policies that will push wages up without hurting the economy," said Alfredo Ortiz, president of the Job Creators Network, an ad-hoc coalition of trade groups.


    https://www.washingtonexaminer.com/p...3-million-jobs
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    A bit more on that subject (ya beat me to it) https://www.yahoo.com/finance/news/1...202803314.html

    Some groups like to downplay the ripple effect, which will put those making $15 an hour, right back on the bottom rung... and the poverty line will be adjusted accordingly.

    But, it will make some 'feel good' about helping the lower income groups.... *sarcasm alert*
    I never lose.... I either win, or I learn.

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    Quote Originally Posted by MMC View Post
    The Chamber of Commerce, the nation's largest business trade association, proposed raising the minimum wage to at least $10 an hour, up from its current rate of $7.25 an hour.


    The Chamber, which has generally opposed raising the rate, said it was making the proposal to counter a vote in Congress set for next week to raise the rate to $15, which it said would hurt the economy.


    "If the interest is in getting something done then we are willing partners for a sincere effort that reflects economic realities and combines these type of trade-offs," said Glenn Spencer, the Chamber's vice president for employment policy.


    "The choice members have as they vote moving forward on this is: Is this an effort to come to compromise as they did previously or is this an effort to have a political vote on $15?"


    The Chamber sent a letter explaining its position all members of Congress Thursday.....snip~


    https://www.washingtonexaminer.com/p...to-at-least-10



    Say what.....this don't make any sense. So what the House will pass a bill for 15 dollars and hour. The Senate will squash it. That excuse doesn't fly.
    The Chamber of Commerce had their way they would most likely like people to be paid no more $1.25 an hour. The House is probably going to pass it for political reasons; they can tell their constituents they at least tried to raise the minimum wage and the republicans squashed it in the Senate. Typical election year politics. All the more reason for workers to organize and bargain collectively for their wages.
    Last edited by gamewell45; 07-11-2019 at 04:21 PM. Reason: terrible sentence structure on my part.
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    Here's an idea.

    The Chamber of Commerce is an association of businesses.

    They do not need legislation for them to raise the minimum wage they pay to their unskilled staff.

    They can merely order the wages raised.

    Thst being the case, why would they want legislation?

    Simple. They don't care. But higher wages are a greater burden on the smaller comoanies, and the wage hike would harm up-and-coming competitors to the present Chsmber.
    Freedom Requires Obstinance.

    We the People DID NOT vote in a majority Rodent Congress, they stole it via election fraud.

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    Quote Originally Posted by donttread View Post
    Well ten bucks an hour is OK for a HS or college kid , but very hard if not impossible to live on.
    Well, then.

    People should keep their dicks in their pants and their knickers up until they gain the skills to earn a living thst can support a family.

    How's thst bit of responsible advice sound?

    An increased minimum wage might take some of the 40% social cons always $#@! about "off the dole."
    However, the COL varies dramatically between locations and a federal minimum wage and in some cases even a state wide one is neither fair nor effective. Isn't the "market" supposed to fix this kind of thing on it's own?

    1) Is the reason that doesn't happen because the housing market isn't operating as it should? (in several ways)

    2)Or is it just a step towards a two-class society based upon raw greed?

    3) Or maybe a result of the import of low wage workers , which never got fixed because it benefits both halves of the donkephant? Even Trump has talked about beefing up the "Guest Worker Program" in the unlikely event that we actually severely limit illegal immigration. Now why would he do that?
    Not the government's job to interfere in market driven events.
    Last edited by Sergeant Gleed; 07-11-2019 at 05:00 PM.
    Freedom Requires Obstinance.

    We the People DID NOT vote in a majority Rodent Congress, they stole it via election fraud.

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    It is a myth that there are vast numbers of people trying to live on the minimum wage.
    Political tags - such as royalist, communist, democrat, populist, fascist, liberal, conservative, and so forth - are never basic criteria. The human race divides politically into those who want people to be controlled and those who have no such desire.
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    Quote Originally Posted by nathanbforrest45 View Post
    It is a myth that there are vast numbers of people trying to live on the minimum wage.
    No, that's not a myth.

    It's a lie.
    Freedom Requires Obstinance.

    We the People DID NOT vote in a majority Rodent Congress, they stole it via election fraud.

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    There should be no minimum wage.

    Wages should be determined as a result of agreement between employer and employee. It is no business of the government, at any level.
    Gentlemen and ladies, I hate inflation, I hate taxes, and I hate Communism. Do something about it. Ronald Reagan's instructions to his first assembled Cabinet.

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