A Livable Minimum Wage

[Vociferous]

And minimum cost of living is the outlay involved.
So that's how one would determine a minimum wage that made sense of some guy's claim that the poor fail to save 20% of their income by choice.

A minimum standard cost of living does not include voluntary debt.
Where has minimum wage ever been intended to support a family, buy a house, or save wealth? I keep asking this, and you keep dodging.

And for the fifth or sixth time now, when was minimum wage ever meant to buy a house or support a family?

Whenever renting instead of buying a house was an actual choice for the poor - as seen in your link there.

Context parser failed.
Some hypothetical minimum wage intended to afford home ownership?

 

[iceaura]

A minimum standard cost of living does not include voluntary debt.

1) Of course it does - any time one can save money by incurring debt, for example.
2)Debt, for the poor, is often involuntary

Where has minimum wage ever been intended to support a family, buy a house, or save wealth?

For starters: Whenever your link makes sense, and isn't some guy saying silly things about poor people.

 

[Vociferous]

1) Of course it does - any time one can save money by incurring debt, for example.
2)Debt, for the poor, is often involuntary

1) Parser failed - "save money by incurring debt"
Again, cost of living doesn't factor the cost of money.
2) How? And how is it "often?"

For starters: Whenever your link makes sense, and isn't some guy saying silly things about poor people.

What does the intent of minimum wage have to do with a link that didn't even mention minimum wage?
Nothing. You're just dodging a simple question.

 

[iceaura]

What does the intent of minimum wage have to do with a link that didn't even mention minimum wage?

Whatever that link had to do with this thread.

1) Parser failed - "save money by incurring debt"

So you're not engaging your higher mental faculties today. All that stuff about discounts and sales and the cost savings of covering bills and emergency payouts just went in one ear and out the other - - -

Again, cost of living doesn't factor the cost of money.

It does if you are calculating a poor person's minimum cost of living.
Unless you plan on playing stupid all the way to the door.
As your mamma warned you: keep making your brain look like that, it will freeze in position.

 

[Vociferous]

Whatever that link had to do with this thread.

You really don't know, do you?

So you're not engaging your higher mental faculties today. All that stuff about discounts and sales and the cost savings of covering bills and emergency payouts just went in one ear and out the other - - -

Really? Go into debt you can't afford so you can buy in bulk?
Bad decision and voluntary. The poor can often negotiate waived or greatly reduced medical bills. Something about blood and turnips.

It does if you are calculating a poor person's minimum cost of living.
Unless you plan on playing stupid all the way to the door.
As your mamma warned you: keep making your brain look like that, it will freeze in position.

No, it doesn't. I've already given you the criteria for cost of living, and you continue repeating your unsupported idiosyncratic term.

 

[pjdude1219]

A minimum standard cost of living does not include voluntary debt.
Where has minimum wage ever been intended to support a family, buy a house, or save wealth? I keep asking this, and you keep dodging.

Context parser failed.
Some hypothetical minimum wage intended to afford home ownership?

from the begining

https://eurekafairwageact.wordpress.com/2012/11/29/fdr-quotes-on-minimum-wage/

 

[iceaura]

Really? Go into debt you can't afford so you can buy in bulk?

Save money by paying a little interest to get a big discount.
The rich, of course, just pay cash - they can live cheaper than the poor.

The poor can often negotiate waived or greatly reduced medical bills.

And often not - forcing them to borrow, pay interest, etc.

I've already given you the criteria for cost of living,

Minimum cost of living, not average, was at issue.

btw, since you seem to have overlooked what is common knowledge regarding the prices of stuff in poor neighborhoods compared with rich: https://www.washingtonpost.com/amph...lready-too-low-in-99-percent-of-u-s-counties/

In cities and remote rural counties, where food costs are higher, the gap is even greater: 136 percent in Crook County, Ore., and 113 percent in New York County, N.Y.
- - - -
In New York, the Food Bank for New York City estimates that the average SNAP benefit buys 14 days of food, forcing recipients to lean on their families, bus outside their neighborhoods to shop at cheaper stores and resort to soup kitchens and food pantries.

 

[Vociferous]

A minimum standard cost of living does not include voluntary debt.
Where has minimum wage ever been intended to support a family, buy a house, or save wealth? I keep asking this, and you keep dodging.

from the begining

https://eurekafairwageact.wordpress.com/2012/11/29/fdr-quotes-on-minimum-wage/

Didn't find anything about a house, home, family, save, savings, or wealth in that link. You probably should have read it.

Save money by paying a little interest to get a big discount.
The rich, of course, just pay cash - they can live cheaper than the poor.

Unrealistic fantasies.

And often not - forcing them to borrow, pay interest, etc.

Something about blood and a turnip.

Minimum cost of living, not average, was at issue.

Every cost of living is calculated for some specified standard of living. Not just an average.

btw, since you seem to have overlooked what is common knowledge regarding the prices of stuff in poor neighborhoods compared with rich: https://www.washingtonpost.com/amph...lready-too-low-in-99-percent-of-u-s-counties/

Fact of reality that disproportionately affects highly segregated Democrat-run cities and states.

 

[pjdude1219]

Didn't find anything about a house, home, family, save, savings, or wealth in that link. You probably should have read it.

i did. perhaps if you did your research you'd know that 11 dollars a week you could easily afford a new home with say a 30 year mortgage hell even just normal saving you could easily save the entire price for a house in under a decade. i know putting together different ideas is difficult for someone like you but try it stop you from making your self looking like an idiot. im sorry i expected you to put 2 and 2 together from know on i'll hold your hand and baby step you through information.

 

[iceaura]

Every cost of living is calculated for some specified standard of living.

Not the minimum cost of living. That would be silly - you'd have defined yourself into being unable to calculate it.

 

[Vociferous]

i did. perhaps if you did your research you'd know that 11 dollars a week you could easily afford a new home with say a 30 year mortgage hell even just normal saving you could easily save the entire price for a house in under a decade. i know putting together different ideas is difficult for someone like you but try it stop you from making your self looking like an idiot. im sorry i expected you to put 2 and 2 together from know on i'll hold your hand and baby step you through information.

Not in the link you cited, and nowhere shown as an intended purpose of minimum wage.
No, I don't want to walk hand-in-hand through your vivid imagination.

Not the minimum cost of living. That would be silly - you'd have defined yourself into being unable to calculate it.

Yes, including a minimum standard of living. Look it up.

 

[iceaura]

Yes, including a minimum standard of living. Look it up.

In which case your using different standards of living for rich and poor was an error. The calculation of a minimum cost of living would be based on a minimum standard of living. I'm fine with that.

The rich can maintain that minimum standard of living - just like every other standard of living - at lower cost than the poor. They can obtain any given standard of food, clothing, shelter, and medical care, for less money than the poor would have to spend. The rich have a lower minimum cost of living.

 

[Vociferous]

In which case your using different standards of living for rich and poor was an error.

No, it's the reality that they don't have the same standard of living.

 

[iceaura]

No, it's the reality that they don't have the same standard of living.

Every standard of living costs the rich less than the poor. Including the minimum one.
So their minimum cost of living is lower.

 

[RainbowSingularity]

Whether submission is due to ideological indoctrination, logical appeal to reason, or threat of punishment, it all still amounts to a conditioned response fostered by one’s society. Our behaviors are largely governed by our environments, and for most of us that equates to our societies.

Thus Regulation is Key to making a high quality society... ?

 

[pjdude1219]

Not in the link you cited, and nowhere shown as an intended purpose of minimum wage.
No, I don't want to walk hand-in-hand through your vivid imagination.

yes it does. it just requires knowing what things costed. no matter how many times you lie doesn't make it factual. i feel sorry for you. to be so pathetic to need to harm others to feel good about your place in the world.

 

[Vociferous]

Every standard of living costs the rich less than the poor. Including the minimum one.
So their minimum cost of living is lower.

The rich don't live a minimum standard of living, so there is no reality to that claim.

yes it does. it just requires knowing what things costed. no matter how many times you lie doesn't make it factual. i feel sorry for you. to be so pathetic to need to harm others to feel good about your place in the world.

No, it requires confirmation bias making up things that were not in the cited reference. Or maybe you'd like to quote them for us?
It would be pathetic to make claims about your own source you're too afraid to support.

 

[iceaura]

The rich don't live a minimum standard of living, so there is no reality to that claim.

?
You got me on that one. I have no idea what planet you live on, in which there exist no standards of living lower than the luxuries of the self-indulgent rich.
Or rich people who take advantage of them.
Meanwhile, on my planet:

Every standard of living costs the rich less than the poor. Including the minimum one.
So their minimum cost of living is lower.

 

[RainbowSingularity]

Every standard of living costs the rich less than the poor. Including the minimum one.
So their minimum cost of living is lower.

i have had this explained to me by busines people before, including an economist and an economics lecturer.

to keep it as simple as possible it is thus;
having a larger quantity of money to spend, allows you to bargain larger amounts.
by owning your own home for example(free-hold) you do not lose money on renting. you make money instead.

the vast majority of the poor are renters, thus their cost of living is vastly higher than those whom own their own homes free-hold.

note, not to confuse thrifty living.

 

[Vociferous]

The rich don't live a minimum standard of living, so there is no reality to that claim.

?
You got me on that one. I have no idea what planet you live on, in which there exist no standards of living lower than the luxuries of the self-indulgent rich.
Or rich people who take advantage of them.

Straw man. The reality is that the rich do have a higher standard of living. That doesn't say anything at all about whether lower standards exist.

Meanwhile, on my planet:

Bizarro world.