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Rod Speed Rod Speed is offline
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Default OT - minimum wage



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...
On Sat, 27 Feb 2021 14:11:03 -0500, Ed Pawlowski wrote:

On 2/27/2021 1:52 PM, wrote:
On Sat, 27 Feb 2021 11:18:51 -0500, Ed Pawlowski wrote:

On 2/27/2021 9:24 AM, Frank wrote:
Google tells us this:

"The percentage of hourly paid workers earning the prevailing federal
minimum wage or less declined from 2.7 percent in 2016 to 2.3 percent
in
2017. This remains well below the percentage of 13.4 recorded in 1979,
when data were first collected on a regular basis."

So, what's all the noise about?

The noise is mostly for the states still using the federal minimum of
$7.25 from 2009 and no adjustment. The reason it changed is that many
states saw the problem and did something about it, some better than
others.

How many workers do you know that would be happy in their job getting
the same was they got in 2009?

My pension hasn't gone up since 2009. ****'m.

Hmmmnm, mine has. So has SS, trivial as it was.


SS barely covered the hike in Part B and your pension must be
government or union.


Not necessarily, they can be invested in what does better than inflation.