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Colorado to Lower Minimum Wage...
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(By the way, I know I am conservative in many ways, but I don't have the pure trust in the free market some do. May Ayn Rand strike me down!)
im not for either side but it's only being lowered by 3 cents and they say it's for recession and inflation purposes so im sure it will go back up. still kinda sucks though
RandomAnthony wrote: "but I don't have the pure trust in the free market some do."i agree, for me its the fact that theres many different kinds of people, theres many different kinds of political/economic conservatives... i believe in working for what you get, others helping each other rather then depending on the government (Carnegie ethics) the more powerful a central government gets over its people in any aspect of thought is scary to me.. and i do see a lot of ways people take it up the butt from things like this.. my feelings are, things could always get better, but things could always get worse.. we have to be happy with the life we have and work for what we need.. money isn't what most important in life..
I tend to say that when I can afford to say that.:)
That does seem a little odd. But three cents can make a huge difference over a large corporation. Most places won't adjust current employees, but they will begin to hire in at the new rate. That happened at my job several years ago. Only it was when the minimum went up, so no one was complaining, until they found out their incentive bonuses were smaller because their pay was higher.
... Wow. I started working when minimum wage (Ohio) was $5.15. I had no idea that it is up to $7.30 (Ohio).That said, you do make a good point RA, re: being able to afford saying that money isn't "everything."
I'm glad that there is something of a positive to the story: a reduction in the cost of living, but I'm not good at math so I have no idea whether that reduction will weigh out the decrease in minimum wage.
Regarding the point Abigail made, I was pleased to see that my university, after firing so many workers, are still keeping their promise to let them attend the university for free. I'm hoping that this will be a way for them to educate themselves and be able to open more doors, since many of the workers who were fired did not have a college education and many of them could not attend the university and go to work at the same time (sort of a catch-22 in the system: sure, you can take classes for free, but we won't let you off work to do it!).
here is the way i feel about this:if the cost of living really (truly) is going down slightly there than it makes sense that the minimum wage goes down. if it is consistently in check with the COL than that does make economic sense. 3 cents per hour means $1.20 for full time workers. while that does not seem like much it is something. if you think it is not, walk outside now and throw a dollar-twenty on the ground and walk away. it got lowered to the national minimum so at least it is in check with other states. i hate to see anyone losing money but also it is time for states and government to be fiscally responsible.
I always thought that free classes for working at the university was a great idea. It may not have been of benefit to a lot of the employees, (some people I met at college got the job so their kids could get free classes when they got older). Itis nice that they really are following through with that. I wonder what kind of restrictions they put on the deal, though?I think the minimum was $6 dollars when I started working in Ohio. Oddly enough I never worked for minimum wage, even at 16. It shot up in the last couple of years didn't it? Federal minimum is $7.25 I think the article said. Sheesh. I don't think many people make that in MS, but cost of living is almost ridiculously low here. In some respects anyway.
Who knows what kind of restrictions they put on it. There was a huge strike my first year of college, and they've had some interesting struggles between the housing/dining/maintenance staff and the ones who pay them. Interestingly enough, while I did always think that the university wasn't treating its staff very well, both in wages and in general respect, I was never fully on-board the "Students for Staff" because a good number of my fellow employees (you know, the ones the students were for) thought their ideas were ridiculous. :PI only know that the minimum wage was $5.15 when I started working because we were paid a dollar more at the dining hall. We used to get a 20 cent raise for every semester we came back, but when we started getting paid more, I think they cut that back (maybe to every returning year?)
Living expenses scares the crap out of me, especially since I want to live in a big city. That can sometimes make a HUGE difference, though.
here's a question: with homes across America decreasing in value, is it ethical that their property taxes keep getting higher and higher on them even though their worth is lower?
Are the taxes getting higher, or is the mill rate going up to offset the value of the homes? Leaving the taxes at the same level?
I have been told by many homeowners that they are paying the amount of tax their home would have been worth if there had been no recession. If something decreases in value, I don't think it's right to charge you like it rose in value. I think it's something like this: For example, if you were a homeowner and there was no recession your home would be worth 100,000 this year and say you pay 10% taxes on it. But because of the recession it's value decreased to about 50,000. However, you have to pay 10% of 100,000 instead of 10% of 50,000. Doesn't make a lot of sense to me : P
Well it is because the taxing authority has set a budget that requires a certain amount of revenue to sustain. If they cut the budget in half you would see a whole lot of unemployed workers which could very well be fire or police, or schools.
If you have a $1,000,000 budget and now only have $500,000 in revenue the axe would have to fall, and some necessary items would be gone.
I see the frustration, but now would be a good time for them to pound on the budget makers to decrease the budgets for any non essential items.
If you have a $1,000,000 budget and now only have $500,000 in revenue the axe would have to fall, and some necessary items would be gone.
I see the frustration, but now would be a good time for them to pound on the budget makers to decrease the budgets for any non essential items.
I think if all the multi millionaires and billionaire people and companies would start paying taxes and stop using swedish bank accounts and other tax evading methods it would help our country out a lot.
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Terminalcoffee
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Fascinating story...what really bothers me is how many people are working for what appears to be less than 300 bucks a week, full-time, before taxes...that's depressing as hell and I don't want to shop at businesses who treat people like that unless there is a very good reason.