Skip to comments.Take it to the bank: Sen. Elizabeth Warren wants to raise minimum wage to $22 per hour
Posted on 03/18/2013 10:06:21 AM PDT by jazusamo
Sen. Elizabeth Warren, Massachusetts Democrat, suggested raising the minimum wage to $22 per hour is only logical if you look at the numbers.
If we started in 1960, and we said [that] as productivity goes up then the minimum wage was going to go up the same if that were the case, the minimum wage today would be about $22 an hour, the senator said, at a recent Education, Labor and Pensions Committee hearing on Keeping up with a Changing Economy: Indexing the Minimum Wage.
The current minimum wage is $7.25 per hour. Ms. Warren wondered, in a YouTube video of the hearing posted by her staff: What happened to the other $14.75?
She answered her own question: It sure didnt go to the worker.
(Excerpt) Read more at washingtontimes.com ...
Shoot me now.
That’s big Wampum .
if $12 is good, why not $1200? Wouldn’t that be a hunert times better???
Elizabeth Warren: a blond haired, blue eyed woman, hired as an Indian at Harvard, who made her millions in the 90s flipping houses and made her name in the 00s as a regulator suing “predatory lenders”, who ran for office in 2012 on a platform of hating Wall Street bankers all while taking millions in campaign dollars from Wall Street bankers is now lecturing us on how to fix the economy?
Thank you. My sentiments exactly.
Has she gone off the reservation???
Elizabeth Warren, Cherokee ‘princess’...lol...I wonder what she’d think if she knew many of her Cherokee ancestors were slave owners and FILTHY rich. IF she were actually part Cherokee, she’d know that.
“Shoot me now.”
Out of my way, I got in line first....
“...raising the minimum wage to $22 per hour is only logical ....”
Tells you something about Warren’s warped logic right there....
Then everyone whose skills don’t merit $22/hr instantly become unemployable.
This brainless member of the Fuggawi Tribe should really shoot for $220/hr. Hey, let’s go for it now. Using her Native Indian thinking, then gasoline should be around $25 a gallon, right?
Quick, stop her. Trade her some beads.
What is stopping Massachusetts from raising the minimum wage themselves?
Not if you sue the employer for not hiring you . . . then, with the $2,000,000 settlement, you can stay at home all day, watch Jerry Springer, then Maury, and then Dr. Phil. See . . . all is not lost.
$7.50/hour is bad, $9.00/hour is better - than $50/hour would be great!
Then 100% of the people would all be above-average!
That’s how her mind works.
Heap big Wampum. Squaw needum heap big wampum, go to Washington and talk with great black father. Many moons go by, she come back with heap big wampum for people.
Like when Reverent Ike said that if you sent fifty dollars to his ministry, the Lord would give you the lottery number.
It’s no wonder that I have to wear a night guard to keep from grinding my teeth to dust.
LOL! I’d give her some beads of sweat cuz I’d bet she’s never seen any.
Taxes of that are about 15 bucks.
i.e. Government money laundering.
One of my friends swears that Obama said during the SOU speech that we were going to keep raising the minimum wage until it because the average wage in the country. Kind of impossible to ever quit raising it, if that is your logic.
Should read: Warren wants to raise unemployment to 35%.
I dare her to take her congressional salary, start a business, pay her unskilled employees that wage, and keep the doors open for the length of her term of office.
Go ahead and raise minimum wage but only if a flat tax is implemented with no exceptions.
Everyone, and I do mean everyone, pays the same percentage of their income.
Even those on public assistance.
“Taxes of that are about 15 bucks.
i.e. Government money laundering. “
Hope she doesn’t go on the warpath over this.
Uhhhh, Liz - it wages rise proportionally to production then you haven’t increased productivity. It takes a Harvard grad to miss something that obvious.
Okay then; let’s raise the minimum wage to $22/hr and set a maximum of $22/hr for all elected or appointed public officials — with no overtime permitted. Fair trade-off?
She's a liberal. They're all so completely self-centered that they only care about buying votes to win themselves one more term. They will turn America into the Titanic in the process, but that's immaterial as long as they don't have to find real jobs.
And when that becomes a reality, there's no way any American could conceivably take 5 weeks vacation on their current salaries. American was built on the middle class. There's no reason that every working American shouldn't be making a middle-class income. Since we know that libdems consider rich to be those who earn $250,000 per year, a fair compromise would be to mandate a federal minimum salary of $100,000 - middle way between impoverished and rich. Then they would be able to afford their living expenses and their 5 weeks of vacations.
And a Beemer. Everybody needs one.
And a house in the suburbs.
And a high end cell phone
And broadband internet.
And a 80 inch flat screen
Yep...A good many minimum wage workers in fast food joints can’t even make change thanks to our public education system, they have registers that do it for them.
A lot of people cannot command $22/hour in a competitive labor market, but a lot of work that pays considerably less will still be done for $22. Just less of it. Public bathrooms will be dirtier, lines will be longer at cash registers and no one will understand why. Business hours will be reduced.
Lawns will be less well maintained, amusement parks will close, second hand thrift shops will be staffed only by their owners, if they stay in business at all.
The net effect will to lower everyone’s standard of living and aggregate U.S. productivity. Unemployment will sky rocket.
When this occurs, it will be called “bad luck”.
Robert Reicccche has wanted a 20 dollar minimum wage for DECADES.
The political class hates small business because they can’t control small business. Force all to mega corporations and then they only have to deal with a few limited, controlable, and easily dominated funding sources. shutting out all others.
You nailed that.
Not true if she is talking about value added per hour of labor rather than value added per dollar of labor. In any case, it’s pointless, meaningless, she doesn’t use numbers to enlighten, only as rhetorical device to increase the size and scope of government.
during the crash, many of the purged employees were actually dead weight do nothings who were useless to business.
22, WHAT, can we please get common sense back to this country?
Hell this party can;t even call them what they are, no theyr;e not liberals, or progressives, they;re socialists and communists
The fences to keep companies in the state aren't built yet.
Sorry, it hurts my head to try and think like a liberal. My logical brain keep getting in the way.
I call Miss Wigwam’s $22/hour and raise the proposal to $750/hour. If, according to this socialist idiot’s economic worldview, there are no consequences to raising the minimum wage other than benefitting the workers, why not be stingy?
When the unemployment rate goes to 99%, she’ll blame it on greed rather than her commie economics.
She’s just too stupid to know that she’s putting the very people out of work who only qualify for relatively low/minimum wage jobs.
You, of course, are right again. And I am not down on all the human beings residing in Massachusetts. Just their elected officials. All of them. Every last one.
But I’ll swap you Lynnsy Graham for Elizabeth Warren any day. I think she’d be fun as a South Carolina Senator. Lynnsy ain’t.
If the minimum wage is $22 an hour ... how much would it be per hour to NOT work? Half the population cares more about this number than minimum wage.