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Weak Pay Growth Puzzles Fed Chief, Just Like Everyone Else

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Every "homeless" person physically sound and drug free has a standing job offer thru the Genesis House project in our local poultry processing plants. Contrary to popular opinion, they are not minimum wage jobs. It is hard and tedious. It is often as not the drug test that puts them back on the street. Illegals are not the only "cash" employees. Most of the dopers work in yard work, construction, or farm work - fencing, paving, cattle herding, chicken catcher.
 
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June 18, 2018
SEATTLE — A person earning minimum wage would have to work 75 hours a week to afford a one-bedroom apartment in Washington state. That's according to the new report, "Out of Reach: The High Cost of Housing."

The annual analysis of the rental market found Washingtonians would need to earn nearly $27 per hour to afford a two-bedroom place to live. Rachael Myers is executive director of the Washington Low-Income Housing Alliance, which released the report alongside its national partner.

The Seattle area is the epicenter of the affordable-housing crisis. Workers there would have to make about $36 per hour to afford two-bedroom housing - which is more than three-times the state's minimum hourly wage of $11.50. Rents have not risen in rural Washington as fast as in the rest of the state, but Myers noted it's also harder to find a job in these places.

https://www.publicnewsservice.org/2...es-behind-linked-to-homeless-numbers/a62933-1

In accordance with the Seattle Minimum Wage Ordinance, the minimum wage for WSU employees working in the City of Seattle is $15.45 per hour effective January 1, 2018.

Minimum wage increases are not helping workers meet the high cost of living. Hence subsidies are needed for poor people to rent.
 
June 14, 2018
In D.C., the minimum hourly wage for tipped workers is $3.33 an hour, compared with $12.50 for nontipped minimum-wage workers. (The latter rate is currently slated to rise to $15 by 2020.) But the dual scale could soon become history. On Tuesday, district voters will consider an initiative to eliminate the lower tipped wage and enact one minimum wage for all workers at the higher level.

And campaigns to boost the minimum wage for bartenders, wait staff and others who work for tips are gathering steam outside D.C., leading some business owners to worry about rising costs.

In November 2016, Maine voters approved boosting the tipped minimum wage in a move that eventually would have given workers $12 an hour. About six months later, state legislators rolled back the initiative as complaints poured in from companies worried about ballooning labor costs and from some tipped workers who said customers didn’t leave as much gratuity after the vote.

As Seattle increased its minimum wage to $13 in 2016 from $9.32 in 2014, hours in low-wage jobs fell by about 9% as employers cut back on shifts for existing workers and decided not to hire new ones, according to a University of Washington paper released last year. Overall, low-wage employees’ earnings fell by an average of $125 a month, the paper said.

Companies typically deal with minimum-wage increases by cutting back on labor, boosting prices and trying to automate, said Ekaterina Jardim, a postdoctoral research associate at the university and an author of the paper.

https://www.wsj.com/articles/what-should-wait-staff-earn-the-debate-over-the-tipped-wage-1528988400

Minimum wage increases are not keeping pace wit the cost of living.
 
And campaigns to boost the minimum wage for bartenders, wait staff and others who work for tips are gathering steam outside D.C., leading some business owners to worry about rising costs.
Tips suck at Mickey D's but there are restaurants where tips can be several hundred dollars a day. I knew an executive secretary who quit her job to wait tables in a business bar. She was turning over $200 in the early 80s.
 
Is lunatic a harsh word?

Bottom like is that nobody wants to talk about it, but the key is over population (relative to labor or professional skill need), and people need to limit reproduction ...and that includes the middle class and professional class who are losing economic ground along with their fellow blue collar and service workers...

There are more jobs available now then there are people to fill them. The problem is some people would rather collect "benefits" than work in a job "below" their false opinion of worth.

Limit reproduction of the professional classes?

Low income people are reproducing at a much higher rate than those who have have upper or higher incomes. Unmarried women (of all races) with limited job skills are producing more children than professional women who are married. The chances of success of these children are a lot lower than those of the children of professional people. These are simple statistics that can be found.

..........The USA has fewer social benefits programs except for the poorest compared to other developed nations so yeah, those homeless people we've been driving past for decades were the canary in the coal mine. Why is China a rising dominant world power ? Besides their emerging from subsistence economy toward a production and now tech/energy power economically, part of their present success was their one child policy....criticize it but helped the generation be in position for jobs and $........

Most of the homeless we drive by have substance abuse problems. We have extensive social benefits for those who have low incomes. Contrary to popular belief, everyone gets health care and a lot of it is "written off" at the expense of those who do pay. What social programs is this country missing? Food stamps........got those........energy assistance......yup. Subsidized housing, we have that too.

The one child policy. If you want to call tens of millions of abortions of females success, feel free. What happened was everyone wanted a boy and since they could only have one child there were too many boys with no girls to marry after 20 years.

What is the average wage in China compared to this country? I know the answer........do you?

................. Unless US corporations or businesses see more priority in paying workers well rather than the main $ going to CEO's and shareholders, wages will be flat/low for most . Even if it means their market shrinks in America because less USA workers can afford to buy what they produce their market is global so ........

You have to stop with this garbage because there is no support for it. We live in a society based on supply and demand. Corporations have to make money and you should want them to make money as your retirement and the retirement of most Americans is invested in corporations (there is a lot more to this but I don't have time to teach you basic economics).

There was recent article that talked about the idiocy of the CEO wage and how the average worker would get 13 cents more per hour if the corporations fired the CEOs. Also in that article was the fact that those corporations were only the top 100 in the country.

Sit down while you read the following:

Only 1% of corporations in the United States have more than 500 employees. 95% of corporations have less than 25 employees in this country. At what time do you quit your war on corporations?

You own a corporation (if you don't you should). I am involved in two corporations; my appraisal practice is mine only and my wife and I own another. We have no employees.

.........Tear down our empty shopping malls and decaying inner cities restore land homestead a small plot of land if people can grow food, make things, barter etc better than broke/unemployed living in a car.

Tear down our inner cities that are decaying.........where are you going to put those people (who breed more than others)? Who is going to pay for that? Food growth in Cleveland that sustains anyone? You are delusional.
 
Is lunatic a harsh word?



There are more jobs available now then there are people to fill them. The problem is some people would rather collect "benefits" than work in a job "below" their false opinion of worth.

Limit reproduction of the professional classes?

Low income people are reproducing at a much higher rate than those who have have upper or higher incomes. Unmarried women (of all races) with limited job skills are producing more children than professional women who are married. The chances of success of these children are a lot lower than those of the children of professional people. These are simple statistics that can be found.



Most of the homeless we drive by have substance abuse problems. We have extensive social benefits for those who have low incomes. Contrary to popular belief, everyone gets health care and a lot of it is "written off" at the expense of those who do pay. What social programs is this country missing? Food stamps........got those........energy assistance......yup. Subsidized housing, we have that too.

The one child policy. If you want to call tens of millions of abortions of females success, feel free. What happened was everyone wanted a boy and since they could only have one child there were too many boys with no girls to marry after 20 years.

What is the average wage in China compared to this country? I know the answer........do you?



You have to stop with this garbage because there is no support for it. We live in a society based on supply and demand. Corporations have to make money and you should want them to make money as your retirement and the retirement of most Americans is invested in corporations (there is a lot more to this but I don't have time to teach you basic economics).

There was recent article that talked about the idiocy of the CEO wage and how the average worker would get 13 cents more per hour if the corporations fired the CEOs. Also in that article was the fact that those corporations were only the top 100 in the country.

Sit down while you read the following:

Only 1% of corporations in the United States have more than 500 employees. 95% of corporations have less than 25 employees in this country. At what time do you quit your war on corporations?

You own a corporation (if you don't you should). I am involved in two corporations; my appraisal practice is mine only and my wife and I own another. We have no employees.



Tear down our inner cities that are decaying.........where are you going to put those people (who breed more than others)? Who is going to pay for that? Food growth in Cleveland that sustains anyone? You are delusional.

"...where are you going to put those people (who breed more than others)?"

OMG, MCG.....

You were so close to making it to the finish line without exposing yourself....
I can just imagine the slow burn in your mind as you were typing and eventually the heavy amount of steam that was coming out of your ears as you typed that last paragraph....

So close....
 
If our problem is overpopulation, why are we taking in millions of immigrants? Won't that make the problem worse? Struggling to follow your logic JGrant. Then you say to limit the reproduction of the middle class?! Have you ever heard of Eugenics? Guess who was a huge proponent of that...the Nazi's and the founders of planned parenthood. I can't believe you are actually suggesting this stuff...very very scary.
 
If our problem is overpopulation, why are we taking in millions of immigrants? Won't that make the problem worse? Struggling to follow your logic JGrant. Then you say to limit the reproduction of the middle class?! Have you ever heard of Eugenics? Guess who was a huge proponent of that...the Nazi's and the founders of planned parenthood. I can't believe you are actually suggesting this stuff...very very scary.

? I did not say limit population to middle class. I used China as an example flourishing economically now in part to the one child policy of former generations. Poor nations with low resources need to look at having fewer children even more.

Imo it is a world wide problem , I did note that now the vulnerability to job loss and skills marginalize has spread to the middle class ( as has growing addiction problems ). World wide refugee camps with no where for the people to go, no demand for their labor...what do you think will happen to all these people unless they can homestead plots of land self sustain in some manner . When women become more educated in most nations population growth tends to decline ...so there's that as a factor as well.
 
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