|Quoting Aesma (Reply 19):|
Yes 13$, and healthcare is almost free, you have to pay 1€ to the doctor and some cents per box of drugs. You also get a state pension of course. And if you live in high cost of living places you qualify for affordable housing and help to pay the rent. Then you get money if you make kids.
Care to share the flipside in all this? Who's paying for all this? I'm also willing to bet the minimum wage earners in France pay more income tax than a minimum wage earner in the US.
What you also conveniently fail to mention is the waiting lists for certain procedures at hospitals as well as for affordable housing. There are all sorts of hoops to maneuver through in Europe in order to get what you want. I believe "getting ahead" is arguably tougher in Europe than in the US. I'd prefer to manage my own monies as opposed to having a bureaucrat decide what to do with it.
|Quoting T5towbar (Reply 20):|
Giving those workers a raise helps everyone else gets more money in their pockets.
It sure does. Now the McDonalds Manager who was at $15 wants to make $25. Only fair right? And the cycle continues...
|Quoting T5towbar (Reply 20):|
But we do pay a lot in state and local taxes as well.
Don't get me started. The additional taxes in Europe add up to well over 60 percent when all is said and done. Need a washing machine? 21% sales tax please.
|Quoting usdcaguy (Reply 21):|
They therefore get more for their money than we do; their pension is guaranteed and healthcare does not involve meeting sky-high deductibles and paying onerous co-pays at the hospital. Oh, and don't forget better schools and transportation systems to make their lives better.
Just move there already. It's utopia. I'm telling you.
|Quoting PlanesNTrains (Reply 44):|
And it will hurt the smaller businesses more than the bigger ones.
It's funny. The so called "fair minded" people despise the big box stores at the edge of town and clamor for the good old days with small mom and pop stores. Yet their interests yields the exact opposite.
|Quoting usdcaguy (Reply 45):|
This is an interesting question. The rental market is made up of a huge variety of salaries. Most places do not want to cater to minimum wage earners but instead cater to a more upmarket crowd (that group can also include students with rich parents, as I have witnessed). Apartments are priced accordingly and are thus $1,400 for someone making $62k a year and not $22k a year. Those making $30k a year, up from $19k a year, might now be able to access more rentals that were not priced for them previously. What we may see is that instead of forced-roommate markets (this happens in places like LAX, NYC, SFO, etc.) is that people move out and now get a place of their own or at least get down to two and not four roommates. A price increase would not necessarily follow if people now have the expectation that only 1-2 people will be paying for the apartment. In either case, I still think it's a win for a higher minimum wage.
O dear. Econ 101 is in order here.
|Quoting rentonview (Reply 47):|
I think what's missing from this conversation is input from people who are actually making minimum wage as adults, as opposed to hot air from entitled middle aged white guys who believe their $1/hr. lawn moving job when they were 15 means they have a grasp of what it's like to pick one's self up from their bootstraps.
You sir are nothing but a race baiter. 'Nuff said.