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What happens if minimum wage goes up?
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<blockquote data-quote="Bagels" data-source="post: 1763714" data-attributes="member: 43436"><p>In an era of unprecedented corporate profits, companies like Walmart and McDonald's could easily afford to increase wages while having no impact on inflation (sorry 1%) but I agree this wouldn't happen; instead, they'd raise prices.</p><p></p><p>However, you're arguing that the skilled workforce would demand equal raises, thus offsetting any monetary gains. This is the point I'm arguing against -- again, it isn't likely a rational UPS driver (although I expect many BrownCafe ones will) will argue that he deserves a $5 raise because the PT starting wage increased by that amount; most are aware PT wages have been stagnant over the past 20 years while FT wages have doubled. An accountant making $80K isn't going to argue for an additional $5K raise because the supermarket cashier is now earning $23K instead of $18K. So no, I don't argue that skilled workers will demand wage hikes if minimum wage were increased -- most are aware that menial wages haven't budged in 20 years, even as there own salaries have.</p><p></p><p></p><p></p><p>Yes, the reason entry-level PT wages have been stagnant at UPS for two decades while driver wages have doubled is because UPS has no trouble finding qualified PTers but has difficulty finding qualified FTers. <img src="/community/styles/default/xenforo/smilies/FeltTip/halfdead.png" class="smilie" loading="lazy" alt=":halfdead:" title="Halfdead :halfdead:" data-shortname=":halfdead:" /> It has absolutely nothing to do with the union conceding to the demands of the primary voting group. (BTW, re-read the quote & my response... because your reply has nothing to do with my point.)</p></blockquote><p></p>
[QUOTE="Bagels, post: 1763714, member: 43436"] In an era of unprecedented corporate profits, companies like Walmart and McDonald's could easily afford to increase wages while having no impact on inflation (sorry 1%) but I agree this wouldn't happen; instead, they'd raise prices. However, you're arguing that the skilled workforce would demand equal raises, thus offsetting any monetary gains. This is the point I'm arguing against -- again, it isn't likely a rational UPS driver (although I expect many BrownCafe ones will) will argue that he deserves a $5 raise because the PT starting wage increased by that amount; most are aware PT wages have been stagnant over the past 20 years while FT wages have doubled. An accountant making $80K isn't going to argue for an additional $5K raise because the supermarket cashier is now earning $23K instead of $18K. So no, I don't argue that skilled workers will demand wage hikes if minimum wage were increased -- most are aware that menial wages haven't budged in 20 years, even as there own salaries have. Yes, the reason entry-level PT wages have been stagnant at UPS for two decades while driver wages have doubled is because UPS has no trouble finding qualified PTers but has difficulty finding qualified FTers. :halfdead: It has absolutely nothing to do with the union conceding to the demands of the primary voting group. (BTW, re-read the quote & my response... because your reply has nothing to do with my point.) [/QUOTE]
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What happens if minimum wage goes up?
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