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The Myths Of Minimum Wage

by Bunk Five Hawks X ( 42 Comments › )
Filed under Communism, Economy, Fascism, Liberal Fascism, Politics, Progressives, Socialism, unemployment at September 7th, 2014 - 12:29 am

Minimum Wage graph Poverty Level BS

My eyes glazed over when I saw that graphic, because there are no numbers or statistics to back up that arbitrary wiggly line and its specious claim. It’s pure socialist propaganda. Ready for some unadulterated reality?

According to the U.S. Bureau of Labor and Statistics, 1979-2012 minimum wage jobs comprise an average of about 60% of all hourly jobs for any given year, but guess what percentage of workers over the age of 16 make minimum wage or less?

In 2012 a whopping 4.7 per cent of the working population above the age of 16 earned at or below minimum wage nation-wide. In California, only 1.4 per cent.

[Source: www.bls.gov/opub/ted/2013/ted 20130325]

Why such a small percentage? Because the majority of those workers are in transition to better jobs, better pay, and the minimum wage jobs have an unsurprisingly high turnover rate. Who wants to scrub pots at Denny’s for the rest of their life, let alone for more than a year?

Which industries employ the majority of minimum wage earners?

Minimum Wage Bar Chart by Industry

[Source: www.bls.gov/opub/ted/2013/ted_20130325 ]

Agriculture is relatively insignificant, especially once you combine the Service/Retail percentages, and note that the Federal Government employs very few minimum wage earners.

Now let’s look at the make up of the minimum wage workforce, the nebulous 4.7 percent.

2013 Census Table 7

[Source http://www.bls.gov/cps/minwage2012tbls.htm#7]

Now let’s examine the age makeup of the 4.7 percent who make minimum wage or less.

Minimum Wage graph 1 ALL

Note that many workers in restaurants and hotels (waiters, waitresses, busboys, bellhops, etc.) often receive less than minimum wage, as they’re expected to make up the rest in tips. Tips account for a large percentage of income and workers typically earn more than minimum wage, sometimes a lot more in upscale venues. Since tips are un-monitored cash transactions, much of that income goes unreported. Let’s break it down a tad further.

The prevailing federal minimum wage in 1979 was $2.90, $3.10 in 1980, and $3.35 in 1981-89. The minimum wage rose to $3.80 on April 1, 1990, to $4.25 on April 1, 1991, to $4.75 on October 1, 1996, to $5.15 on September 1, 1997, to $5.85 on July 24, 2007, to $6.55 on July 24, 2008, and to $7.25 on July 24, 2009. When I checked Minimum Wage Job Numbers and correlated them with Minimum Wage Increases I found none, which suggests that employers covered the increased overhead with higher prices for goods and services in order to stay in business, and the costs were passed down to the consumer. The low income population takes another hit.

Minimum Wage graph 3 PCT Men and Women

Blue is for boys, pink is for girls. Statistics are not sexist.

I’m not an economist, and I’m also not a CPA, but I suspect the IRS gets something out of this scenario because the basic illogic of raising the minimum wage, especially in a sluggish economy, escapes me.

Who else benefits? Union leaders, long-march socialists and politicians whoring for votes.

Aside from the fact that the majority of the poor do not remain poor indefinitely (any more than the majority of the wealthy stay wealthy) raising the minimum wage gives people an incentive not to advance. If a worker finds that minimum wage meets or surpasses his/her current expenses, why not ride with it a few more years? The problem with that scenario is that the worker is not improving his/her resumé for those valuable “few years,” and by the time they realize it, they are years behind those who abandon minimum wage jobs, pick up new valuable skills, and naturally earn more. Those who choose to remain in low-skilled positions deny recent graduates the opportunity to find work, and the ladder to prosperity becomes stagnant.

Another scenario is of a family who needs a secondary income to give them a financial cushion during the expensive child-rearing years; or perhaps an elderly couple may not have saved enough for their retirement because their investments tanked; or simply because they choose not to retire.

Wage and price control is a socialist/fascist concept that has never worked because it creates more problems than it solves, and the problems it attempts to solve are non-existent in the free market. Pay a worker for the value of his/her work, and if there aren’t enough workers for the job, then you’re paying too little. Nobody wants to be a buck an hour pot scrubber for the rest of their life, but we’re still talking about only 4.7 percent of the working population, and most of those workers are moving up the ladder uninhibited.

There is also a macro-scenario that has to do with illegal immigrants and the Cloward-Piven Strategy that aims to overwhelm a stable government with free services provided and paid for by successful corporations, entrepreneurs and the common man, fomenting economic collapse and allowing Socialism/Communism/Fascism to prevail.

This road has always led to mass murder, without exception.

May God help our children and grandchildren if the progressives succeed.

Bunk

[Update: Fixed broken/missing links to graphs and stats. – Ed.]

Click on it. I dare you.

by Bunk Five Hawks X ( 34 Comments › )
Filed under Art, Humor, Music, OOT, Open thread at December 18th, 2011 - 11:00 pm

“Sometimes I sits and thinks and sometimes I just sits.”Kliban

Mr. Nice Hands is kinda like Purple except with music, a nice curl-up-beside-the-fireplace song. It’s interactive, too, just like The Overnight Open Thread.

To be continued…

by Bunk Five Hawks X ( 75 Comments › )
Filed under Humor, Open thread, Science, Technology at April 11th, 2011 - 11:00 pm

[via]
“Flash Bazbo, Space Explorer, reporting for duty, SIR!”
With a space helmet like that, those would be the first words out of my mouth, right before I was sent to the Outer Realms on a mission to explore and conquer The Planet of the Mind Gobblers.

Continuing with the theme begun on last night’s OOT (and echoed by the previous post) let’s all suit up, strap in, fire up the retro rockets and touch down on the uncharted realm of The Overnight Open Thread.

 

What Happened To BlogRolling?

by 1389AD ( 46 Comments › )
Filed under Technology at September 26th, 2010 - 8:30 pm

BlogRolling logo

Gotten any malware warning messages lately?

Some people have recently seen malware warning notices whenever they access any blog that contains a blogroll (or link list) sponsored by BlogRolling. Among the blogs that have been affected are two blogs belonging to 1389AD, namely 1389 Blog and 1389 Message Blog.

You may be relieved to know that the security alerts are a false alarm. I have since moved the Blogrolling link lists to a separate page, so that the messages will not come up when readers attempt to access blog posts.

If you own or administer a blog or website that displays a link list via BlogRolling, you will need to be aware of this. Malware warning notices can frighten and upset visitors to your blog, even if the notices are bogus.

BlogRolling may disappear soon

After being told about this, I visited the BlogRolling News & Status page. Here’s what I found:

Update on BlogRolling

SAT SEP 18th, 2010

We’re aware that there is an issue with BlogRolling blogrolls causing some browsers to display a security warning.

There’s nothing really wrong with BlogRolling itself but the way we connect your blog to the sites in your blogroll makes some security algorithms think there is.

If you find yourself in this situation, we recommend you remove the Blogrolling code from your site.

We’re probably going to be shutting the service down soon. We’ll post more information here and on our Twitter account (@blogrolling) as we decide on next steps.

We’re hoping we can give you enough time to get any data you need out of your blogrolling account before we shut down, but if you really need that data, you might want to get it now just in case.

Why aren’t we just fixing it and letting you continue using the service?

BlogRolling has largely been on auto-pilot for the last six months or so. The people who built it for us don’t work for us anymore. Even though it doesn’t make us any money, we wanted to keep it running because we know folks like it. But we’re not really comfortable with the code causing security warnings and that means it’s probably time for the service to end.

Thanks for your support. Stay tuned for more details in the next few days.

What to do?

If you are using BlogRolling to manage your blogrolls or link lists, you will need to get your links out of BlogRolling and put them somewhere else for safekeeping. As far as I know, there is no easy way to do this.

  • As an emergency measure for making a rudimentary backup of your links, you can login to your BlogRolling account, then click the link to “My BlogRolls” if that page is not already visible, then click “Get BlogRolling Code” on your blogroll.

    Then scroll down to the “RSS” subheader, click to select the code. Copy and paste the URL into your favorite RSS feed reader, just as you would do with any new feed subscription. If you don’t already have a feed reader, you can use Google Reader.

  • You can also select “Add/Edit Links” for the desired blogroll, then use your browser menu to Select All and Copy each page of links. Paste each page of links into a text file, using Notepad or something similar.

After that, if you want your links to be available to readers on your blog, you will have to re-enter them into whatever widget your blogging software provides for managing link lists. Unless someone decides to provide some software for automating this, it will be a time-consuming and arduous task. I have nearly a thousand links in BlogRolling at this point, so I expect it to take me awhile.


Previously published on 1389 Blog.