by Sixstrings » Wed 30 Mar 2016, 09:01:14
$this->bbcode_second_pass_quote('vtsnowedin', 'Y')es Six, I remember 1974. You could buy a new car for $3500 and the minimum wage was $2.30.
If you compare that minimum wage of $2.30 to the cost of a new car at $3,500, doing some napkin pen and paper math that kind of ratio works out to the minimum wage ought to be $15 today.Which is what California just passed (stepped up over six years) and New York will probably be next. So why is everyone in this thread against it. It's just making things a bit more like they were in the past, what's so bad about that.
That's the whole theme of this current campaign season, "make America great again," because people feel like they've slid back too far and things were better in the past, for the working and middle class.
In 1974 they had the equivalent of a $15 minimum wage. And to boot, there were a lot of good jobs -- I know my grandfather worked in a factory all his life. He had a great pension. Good wages, enough to have investments and he died a millionaire (he lived to a hundred years old and spent wisely, came up out of the great depression). He did a lot and raised a family, all on a union factory wage.
In 1974, there was no such thing as $40,000 in student loans just to go to culinary school for a $12 an hour cook job after.
There weren't all these student loans at all, folk just maybe had a part time job and the state governments paid almost all the funding for the state unis.
When I went to college in the 90s, it was still affordable like that. I just worked and paid my own way through.
Now it's not like that anymore, kids these days can't just get a job and pay a minimal cost for college -- massive banker student loans are the norm and expected. That's the reality, and it was Republican / corporatist democrat policy that did that and it wasn't good for people.
Sorry I'm worked up by the way, I get going when I'm having my coffee and hear Joe Scarborough saying the same things I do.
$this->bbcode_second_pass_quote('', 'T')hen in 1976 this disaster happened. (Jimmy Carter) and its been downhill ever sense.
To be objective and fair, wages and benefits were better up into the Carter admin BUT.. during his term, and Ford before him and Nixon, actually inflation was high and there were problems from high wages.
The US needed a BIT of Reaganism. And UK had the same situation, they needed a BIT of Thatcherism.
But in the US, it went too far thereafter.
So, inflation is the only concern about having a working and middle class doing really well. But that's not the situation right now. We're too far on the other side of the spectrum at the moment, with the 1% having too much.
The only thing I would try to get across to conservatives in this thread, is just that you don't have to be ALL FOR the banks and hedge fund class all the time. There could be a 1974 equivalent minimum wage and it would be okay and that is not "socialism."
We had conservatives back in 1974, too. Folk making $15 an hour doesn't somehow mean there can't be Republicans anymore.
I mean seriously, there's lots of things to be conservative about, while still being for working and middle class people. One can be conservative about national security, illegal immigration, and keeping crime down, and anti drugs -- there's been a meth and pain pill crisis going on for twenty years now, and now we've got a heroin crisis.
One can be conservative about social things where the left goes too far -- the safe spaces crazyness and too much PC, etc.
One can be conservative about taxes -- but if you're working or middle or upper middle class then *don't be so much against taxing the 1% a bit, trust me they have the money they could pay a bit more taxes*. And honestly, if a conservative cares about the national debt and deficit then a big part of that problem is that the 1% does not pay enough taxes. Back when they used to, decades ago, the deficit wasn't so bad.
It's just math, you can't have a global military and run a country and build bridges and roads and have nice looking towns and cities while not taxing the super rich at all, it's just math folks.
Something like minimum wage is not even "welfare." It's wages, for WORK. I can understand conservatives being against welfare, but not jobs and wages. It's just not responsible to run a country without enough jobs, and wages for those jobs. That's basic stuff there, folk need jobs and they need wages.