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Yavin4

(35,446 posts)
Thu Feb 4, 2021, 12:50 AM Feb 2021

Raising the minimum wage to $15/hr is the moderate position.

1. The extreme right wing position is no minimum wage at all.

2. The less extreme right wing position is a minimum at below poverty levels.

3. The less extreme left wing position would be to tie employee salaries as a percentage of the CEO's compensation.

4. The extreme left wing position is abolishing Capitalism in favor of employee-owned cooperatives.


So, the $15/hr min wage is indeed the moderate position.



4 replies = new reply since forum marked as read
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Raising the minimum wage to $15/hr is the moderate position. (Original Post) Yavin4 Feb 2021 OP
There you go, making sense. Nt Fiendish Thingy Feb 2021 #1
Personally, I don't care how much a CEO makes as long as they are balancing the Hoyt Feb 2021 #2
Amount is not as important SCantiGOP Feb 2021 #3
Never understood why exactly fifteen dollars was the purity test of being "progressive." betsuni Feb 2021 #4
 

Hoyt

(54,770 posts)
2. Personally, I don't care how much a CEO makes as long as they are balancing the
Thu Feb 4, 2021, 01:30 AM
Feb 2021

needs of society, employees, and the business, and being taxed properly. That’s not happening nowadays.

SCantiGOP

(13,874 posts)
3. Amount is not as important
Thu Feb 4, 2021, 02:08 AM
Feb 2021

as the purchasing power.
$15 an hour today will buy what the minimum wage would in 1980. The purchasing power of the minimum wage has been decreasing for 40 years.

betsuni

(25,639 posts)
4. Never understood why exactly fifteen dollars was the purity test of being "progressive."
Thu Feb 4, 2021, 07:21 AM
Feb 2021

Or why anyone would claim this was considered "radical" a few years ago. Ridiculous.

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