Researchers find simple way to reduce suicide: Increase the Minimum Wage
Posted: Sat May 11, 2019 4:35 pm
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They said 'reduce' not 'eliminate'. If we only used solutions with a guaranteed 100% success rate, nothing would ever get done.
Insane? As somebody dealing with several forms of mental illness, I can tell you that "enough money so that people in many regions can afford a one-bedroom apartment with one full-time job" is not a form of insanity. Raising it to $8.50 an hour would be like pissing on a house fire.ProfessorDetective wrote: ↑Mon May 13, 2019 3:54 amThey said 'reduce' not 'eliminate'. If we only used solutions with a guaranteed 100% success rate, nothing would ever get done.
And honestly, I agree that the min. wage needs to be increased... to maybe $8.00-$8.50. The $15.00 some folks are asking for is insane, that large a jump all at once WILL throw things out of whack. Increases in min. wage are supposed to slightly outpace inflation (about 3% annual, if the Treasury is doing its job) to keep the economy from clogging up (if everyone is broke, then no ones spending, so folks lose jobs and stay broke). This much this quick might cause the stores/corps. to jack up prices to compensate and then everyone is too broke too to spend, etc., etc.. This has to be gradual, it's just a bit TOO gradual at the moment.
But yeah, folks being less broke would give them fewer reasons to give up on it all.
And $15 could be like putting out a house fire by bursting a dam. Maybe an even $10? To be fair, I DON'T work, currently. The job market is dead in my area, and I'm only just recently getting somewhere with that.Fuzzy Necromancer wrote: ↑Mon May 13, 2019 4:39 amInsane? As somebody dealing with several forms of mental illness, I can tell you that "enough money so that people in many regions can afford a one-bedroom apartment with one full-time job" is not a form of insanity. Raising it to $8.50 an hour would be like pissing on a house fire.ProfessorDetective wrote: ↑Mon May 13, 2019 3:54 amThey said 'reduce' not 'eliminate'. If we only used solutions with a guaranteed 100% success rate, nothing would ever get done.
And honestly, I agree that the min. wage needs to be increased... to maybe $8.00-$8.50. The $15.00 some folks are asking for is insane, that large a jump all at once WILL throw things out of whack. Increases in min. wage are supposed to slightly outpace inflation (about 3% annual, if the Treasury is doing its job) to keep the economy from clogging up (if everyone is broke, then no ones spending, so folks lose jobs and stay broke). This much this quick might cause the stores/corps. to jack up prices to compensate and then everyone is too broke too to spend, etc., etc.. This has to be gradual, it's just a bit TOO gradual at the moment.
But yeah, folks being less broke would give them fewer reasons to give up on it all.
Of course, but unless they go full company town and pay their folks in gift card, they're likely to consider having to pay their people more as a loss and then as an excuse to charge more to compensate for that loss. Then we're back at square one but with higher figures. This is why you raise it slowly, so they don't have a kneejerk reaction to it. It's just going TOO slow, at the moment.BridgeConsoleMasher wrote: ↑Mon May 13, 2019 7:01 am I'm under the impression that the people benefited by the minimum wage increase will use a good deal of money for consumption in a lot of impacted retail establishments.
Raising prices isn't back to square one. Keeping prices steady is square one when people are buying more. In Seattle prices stayed the same.ProfessorDetective wrote: ↑Mon May 13, 2019 7:48 amOf course, but unless they go full company town and pay their folks in gift card, they're likely to consider having to pay their people more as a loss and then as an excuse to charge more to compensate for that loss. Then we're back at square one but with higher figures. This is why you raise it slowly, so they don't have a kneejerk reaction to it. It's just going TOO slow, at the moment.BridgeConsoleMasher wrote: ↑Mon May 13, 2019 7:01 am I'm under the impression that the people benefited by the minimum wage increase will use a good deal of money for consumption in a lot of impacted retail establishments.
Can I get a source on that? For my curiosity's sake?BridgeConsoleMasher wrote: ↑Mon May 13, 2019 8:49 amRaising prices isn't back to square one. Keeping prices steady is square one when people are buying more. In Seattle prices stayed the same.ProfessorDetective wrote: ↑Mon May 13, 2019 7:48 amOf course, but unless they go full company town and pay their folks in gift card, they're likely to consider having to pay their people more as a loss and then as an excuse to charge more to compensate for that loss. Then we're back at square one but with higher figures. This is why you raise it slowly, so they don't have a kneejerk reaction to it. It's just going TOO slow, at the moment.BridgeConsoleMasher wrote: ↑Mon May 13, 2019 7:01 am I'm under the impression that the people benefited by the minimum wage increase will use a good deal of money for consumption in a lot of impacted retail establishments.