Why is there resistance to pushing for a higher number when people like Bernie Sanders and AOC are making $174,000/year?
If I’m going to artificially pay someone or force a business to pay someone compensation, that the job being done does not warrant and places a strain on the entire system as a result…I’m more likely to suggest financially compensating those that have a household income below an agreed upon threshold, money for good grades until they graduate from high school. Then they can actually apply a sound education into a profession that earns much more than minimum wage and generates more tax revenue in the long run.
I dunno. Ask yer friends. I am simply saying that 15 is probably as high as thought they could get
$15/hr was about the calculated “living wage” of a single NYC resident with no children in 2012, when the “Fight for 15” movement began. Today it would be $17.61/hr.
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Stop, you are crushing the narrative!
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In 1964 (the year before they stopped making silver quarters), the minimum wage was $1.25 per hour.
A 1964 silver quarter weighs in at 6.25 grams and is 90% silver and 10% copper.
5 silver quarters comes out to 28.125 grams of silver and 3.125 grams of copper.
Ignoring the copper (sorry tweakers), the market value of silver on 2/2/2020 was $0.87 per gram.
28.125gr * $0.87 = $24.46
What’s a modern copper-nickel alloy quarter worth these days? 25 cents?
Neat picture.
After you described it perfectly, I thought it deserved the visual confirmation.
When confronting a problem, why not fix it? Why just make yourself feeeeel better by doing something that only helps for a short period of time because what it actually did was exacerbate it? It’s time we stop applying short term solutions, to long term problems.
Yeah well, now I just wasted my time doing the math. lol
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Doing math is rarely a waste of time. 
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It’s not a wage problem, it’s a money problem.
Depending on the audience. 
Who needs an audience? I’ve solved some of my most difficult math equations while driving on road trips.
I won’t get too far off topic after this statement, but there is always an audience.
Fair enough.
If some people had their way, there’d still be children workin in the mines.
“I think I got the black lung, pop.”
They are. No vaccinations under 16.
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I’ll just say, I’ve never supported a federal minimum wage. Just not good logic from my point of view as it doesn’t account for differences in cost of living in different parts of the country and even within States.
State legislatures are much better suited to establishing minimum wage based on conditions within their state. On top of that local officials should then be free to establish a higher minimum wage for their locality.
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JMHO
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.WW
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