The Case for a Higher Minimum Wage

[Harpa Timsah 13,258]

If most postal workers have degrees, that means they are grossly over paid and the benefits are way to lucrative.

Is the post office in financial trouble ?

Of course because businesses that operate like that without govt subsidies fail.

Or as in GM's case get bailed out by the taxpayers.

This may be news to you, but people aren't paid more just for having a degree. They are paid what the job pays, the same if they have a degree or not.

[Pooky 3,840]

This may be news to you, but people aren't paid more just for having a degree. They are paid what the job pays, the same if they have a degree or not.

In many circumstances, trade training and/or apprenticeships will lead to less financial hardship than a degree.

[The Nature Boy 4,224]

Never forget a conversation I had one night as a supervisor at a Kaolin plant with a Union worker.

UW-The managers in this company don't care about us or any thing here..

UW- I hate this place. This place sucks.

Me- How many actual hours of work do you do on an average 8 hour shift

UW- about 3

Me- And how much do you make per hour

UW- 28.00 per hour

Me- Well if it sucks so bad why don't you quit. Give me your time card and will tell them you quit

UW- I can't quit, I can't begin to make this kind of money anywhere else

ME- So what does that tell you

UW- I dunno

ME- It tells you that you are grossly over paid, for someone with no skill set and no advanced education, you sit on your tail about 5 hours a day, and when you are working it's very non-strenuous tasks like checking a tank level. So what is it that is so bad about your job.If you are that miserable and so poorly treated it should be easy to get a equal job for someone that treats you better.

UW- You know nobody around here pays this kind of money. Heck I would be lucky to get a job making 11.00 working my but off.

Me-Tell me again why you have it so badly.

UW- Because upper management sucks , they don't do anything for us.

Me- you negotiate a contract and your union bargains for everything you get. It's spelled out in the contract. Why aren't you mad at the Union. You pay them dues.

Me- So! We now know, that you make almost 3 times what you are worth on the free market,, you have a very low stress job with little physical or mental exertion,you have better working conditions that 90 of the jobs in the area, but somehow you hate the company .because they give you everything they promised your bargaining unit they would and to volunteer to do more would trigger a grievance. Yet somehow you hate these people?

UW- I got a blank stare for about 2 mins, then I think the lights came on. That guys attitude changed .

Of course then Kaolin was found in Brazil. They could refine it for a small % of the cost of the Ga plants, and many of the plants that once drove the economy of Mid GA are silent.

And my UW friend-- I think he is driving a delivery truck for about 13 bucks an hour.

This may be news to you, but people aren't paid more just for having a degree. They are paid what the job pays, the same if they have a degree or not.

People with degrees make more as a whole

FAct

[Karee 4,191]

Proof of prevailing wage is one of the reqs.

Do you realize how much the worker actually gets after 3 or 4 different employment companies take their cut? You have the company in south Asia that get's the guy the visa. You have another company in the U.S. that fulfils the jobs to the actual U.S. company that has the requirement. Then you have the company that actually pays the H1B worker in The U.S. By the time everyone gets through taking their slice, the H1B worker isn't left with alot, although compared to wages where they came from it seems great.

Another requirement of H1B is that the position couldn't be filled with a USC or perm resident. That's pretty much laughable, expecially when unemployment was running ~10%.

What does his wife and Al Sharpton have to do with any of this?

They're both black. Do I have to spell everything out for you?

Edited February 12, 2014 by Karee

[The Nature Boy 4,224]

Do you realize how much the worker actually gets after 3 or 4 different employment companies take their cut? You have the company in south Asia that get's the guy the visa. You have another company in the U.S. that fulfils the jobs to the actual U.S. company that has the requirement. Then you have the company that actually pays the H1B worker in The U.S. By the time everyone gets through taking their slice, the H1B worker isn't left with alot, although compared to wages where they came from it seems great.

Another requirement of H1B is that the position couldn't be filled with a USC or perm resident. That's pretty much laughable, expecially when unemployment was running ~10%.

Same thing with absolute proliferation of the Temp worker in the USA

Strange you would call him a liberal, when democrats are fighting for minimum wage increases, and repubs are against it. Strange you would call him a liberal, when he is describing how the free market fixes everything, which is what conservatives think.

Geez Louise

That was satire.. He tirade was sooooo not liberal

[Pooky 3,840]

People with degrees make more as a whole

That really depends on the degree.

It is extremely likely, however, that people with a degree are likely to begin their careers in serious debt.

[Sousuke 1,214]

True or False. Labor prices are 100% the price of a product.

This is False btw…just an FYI

[Harpa Timsah 13,258]

People with degrees make more as a whole

FAct

Yes, because they get jobs that require special skills and training (ie, their degree). If they get a job that does not require the degree they have, they don't get paid more just for having a degree.

[The Nature Boy 4,224]

That really depends on the degree.

It is extremely likely, however, that people with a degree are likely to begin their careers in serious debt.

Ok let me simplify

If you take all people with advanced degrees and all people with no degrees.

The degreed pool of people make more.on AVg

Yes, because they get jobs that require special skills and training (ie, their degree). If they get a job that does not require the degree they have, they don't get paid more just for having a degree.

Jesus people

It's not that complicated

[Harpa Timsah 13,258]

Jesus people

It's not that complicated

Apparently it is for you! You said because the mail man has a degree when he doesn't need it, that means he gets paid too much for the job he does.

[The Nature Boy 4,224]

Apparently it is for you! You said because the mail man has a degree when he doesn't need it, that means he gets paid too much for the job he does.

Not even close to what I said

If most postal workers have degrees, that means they are grossly over paid and the benefits are way to lucrative.

Is the post office in financial trouble ?

Of course because businesses that operate like that without govt subsidies fail.

Or as in GM's case get bailed out by the taxpayers.

Meaning that the Post office is so way overpaying for their blue collar work force that it is competing with the private sector for degree workers, thus contributing to their financial problems

[mota bhai 2,675]

How do you commit involuntary suicide?

The same way you voluntarily buy insurance you're mandated to buy.

You get to pick how and where out of a list of preapproved choices.

[The Nature Boy 4,224]

Pay gap widens between young adults with and without college degree

http://www.wwltv.com/news/Pay-gap-widens-between-young-adults-with-and-without-college-degree-244979191.html

By HOPE YEN / Associated Press

WASHINGTON (AP) -- The earnings gap between young adults with and without bachelor's degrees has stretched to its widest level in nearly half a century. It's a sign of the growing value of a college education despite rising tuition costs, according to an analysis of census data released Tuesday.

Young adults with just a high-school diploma earned 62 percent of the typical salary of college graduates. That's down from 81 percent in 1965, the earliest year for which comparable data are available.

The analysis by the Pew Research Center shows the increasing economic difficulties for young adults who lack a bachelor's degree in today's economy that's polarized between high- and low-wage work. As a whole, high-school graduates were more likely to live in poverty and be dissatisfied with their jobs, if not unemployed.

In contrast, roughly nine in 10 college graduates ages 25 to 32 said that their bachelor's degree had paid off or will pay off in the future, according to Pew's separate polling conducted last year. Even among the two-thirds of young adults who borrowed money for college, about 86 percent said their degrees have been, or will be, worth it.

"In today's knowledge-based economy, the only thing more expensive than getting a college education is not getting one," said Paul Taylor, Pew's executive vice president and co-author of the report. "Young adults see significant economic gains from getting a college degree regardless of the level of student debt they have taken on."

The latest findings come amid rising college tuition costs, which have saddled young adults in the so-called Millennial generation with heavy debt amid high unemployment. Noting the increasing importance of a college education, President Barack Obama and Republicans such as Sen. Marco Rubio of Florida have pushed proposals to make higher education more affordable as a way to promote upward mobility and bolster America's shrinking middle class.

The report found that not only does a college degree typically yield much more inflation-adjusted earnings than before, but a high-school diploma also is now worth less. That adds to a widening earnings gap that Pew researchers found mirrors the U.S. gap between rich and poor.

For instance, college graduates ages 25 to 32 who were working full time now typically earn about $17,500 more annually than employed young adults with just a high school diploma ($45,500 vs. $28,000); those with a two-year degree or some college training earned $30,000. In 1965, before globalization and automation wiped out many middle-class jobs in areas such as manufacturing, the inflation-adjusted gap was just $7,449.

Meanwhile, median earnings for high-school graduates have fallen more than $3,000, from $31,384 in 1965 to $28,000 last year.

Young adults with just high-school diplomas now are also much more likely to live in poverty, at 22 percent compared to 7 percent for their counterparts in 1979.

"Despite their higher levels of college completion, today's young adults overall are doing no better -- and on many key indicators of economic well-being, they're doing worse -- than older generations were doing when they were the same age that Millennials are now," Taylor said. "This is mainly because the economic penalties for not getting a college degree are so much stiffer now than in the past."

Other findings:

--Young employed college graduates are more likely than those with just a high school diploma or less to say their job is a career or stepping stone to a career. In contrast, those with just a high school diploma or less were three times more likely than college graduates to say their work is "just a job" to help them get by -- 42 percent vs. 14 percent.

--The field of study in college does seem to matter. Those who studied science or engineering were most likely to say that their current job is "very closely" related to their college or graduate field of study, at 60 percent, compared to 43 percent for both liberal arts and business majors.

--About three-fourths of all college graduates say they regretted not doing more during school to better prepare themselves to find a job, such as getting more work experience, studying harder or looking for work sooner.

Pew based its findings on the Census Bureau's Current Population Survey as of March 2013, as well as its own survey of 2,002 adults interviewed by cellphone or landline from Oct. 7-27, 2013. The Pew poll has a margin of error of plus or minus 2.7 percentage points.

[We Keep Receipts 9,238]

Do you realize how much the worker actually gets after 3 or 4 different employment companies take their cut? You have the company in south Asia that get's the guy the visa. You have another company in the U.S. that fulfils the jobs to the actual U.S. company that has the requirement. Then you have the company that actually pays the H1B worker in The U.S. By the time everyone gets through taking their slice, the H1B worker isn't left with alot, although compared to wages where they came from it seems great.

Another requirement of H1B is that the position couldn't be filled with a USC or perm resident. That's pretty much laughable, expecially when unemployment was running ~10%.

They're both black. Do I have to spell everything out for you?

Glad you caught it, can't sneak anything past you

[Pooky 3,840]

The same way you voluntarily buy insurance you're mandated to buy.

You get to pick how and where out of a list of preapproved choices.

Not even close.

Where is the mandate forcing you to commit suicide or pay a penalty?