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View Diary: America needs a raise (75 comments)

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  •  because jumping from 7.25 straight to 15 wouldnt (1+ / 0-)
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    pass even if we held both houses by 10 seats. better to get to 10.75 and index it. with more spending inflation increases, which in turn increases the amount the wage rises at the end of the year.  so with a 10.75 minimum wage, you give 10s of millions of workers extra money every check. some of it gets taken out in taxes, improving the states and fed's bottom line. the rest is spent, on necessities, like food and rent and clothing. inflation means that wage could rise to 11 dollars the next year, and eventually we'd reach 15.

    •  Index it, so workers can never actually (0+ / 0-)

      share in increasing productivity but instead can only tread water.

      Brilliant.

      But then, you don't make minimum wage and it's all theoretical to you.

      "I read New republic and Nation/I've learned to take every view.." P. Ochs

      by JesseCW on Fri Jan 03, 2014 at 08:15:07 PM PST

      [ Parent ]

      •  Actually, I do. right now any increase would be (0+ / 0-)

        great for me , even $1 an hour . politics is the art of the possible. proposing that WI pay me and other minimum workers $15 an hour  is simply not going to fly, especially with walker trying to eliminate income taxes in the state. but going to 11, which is roughly what the minimum wage was in 1968 when indexed to inflation, and then indexing it from 11, is a positive and in my view far more possible than going straight to 15 in one leap. i would argue jesse that staying even is an improvement from right now, where we are not even doing that, we are losing ground , in terms of purchasing power. while 15 dollars is a laudable  goal, and i would gladly take that level of income, aside from cities like seattle, ny, or la, where costs are already very high and thus a level like that is feasible, it s a much much harder sell in poorer states like WI, that are being run by nutjob R governors. replacing walker with mary burke or kathleen vinehout, and you'd see more interest in raising the minimum wage here.indexing the wage, means it goes up every year, and then the argument is how to keep the purchasing power of workers above the rate of inflation. perhaps inflation plus 10 cents? so say inflation requires a raise of 10 cents, then the actual raise is 20 cents, so you go from say 11 to 11.20 in a year.

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