What should minimum wage be, Veeky Forums?

What should minimum wage be, Veeky Forums?

>inb4 edgelords say nothing
>tfw no /econ/ board

10 trillion. If it works then thetes no reason to lower.

Remember: you totally can print wealth.

$15/hr without a question, that's the bare minimum to be able to live comfortably on minimum wage. Anything less is inhumane.

nothing

>can print wealth
It's actually made out of of thin air with increased productivity and improved technology, no printing press needed :^)

There should be no minimum wage. companies should compete on their wages and the government should stay out of it

fuck off commie scum

10 bitbeans

$0/hr

it's not commie it's HUMANE. have you not seen all the teens today who go 250k in debt and can never pay it off through no fault of their own? they NEED higher pay and ideally even government benefits

At first I thought you were serious, but now I see it's bait. Nice troll 5/7

damn... i wanted to trigger more people

I know you're being sarcastic but why aren't there limits placed on student debt and more suggestions to spend wisely? Why don't they just take off 2 years of high school, 10 grand per student in the states on average, and give it to them to start college instead?

>why aren't there limits placed on student debt
Because declaring bankruptcy does not clear your student debt, so it will follow you forever.
>and more suggestions to spend wisely
Because then banks can make money off the poor bastards for most of their life

Wages should be split into multiple parts.

First a standard wage that is determined by companies competition based on the type of labor being done and location. As low as $5.

On top of that there should be a cost of living wage. Using something along the lines of a smart contract the cost of living wage can only be spent on rent/mortgage/food/healthcare. This wage could scale with position, location, length of employment, and negotiation.

Additionally I think that employers should incentivize workers by offering very frequent performance and milestone based bonuses to encourage long term employment and reduce turnover.

It's a pipedream but some studies have shown that workers are more productive and happier when their basic cost of living is accounted for through some sort of UBI (NOT welfare).

Most likely wouldn't work for a ton of different reasons. Oh well.

>employer can't afford to pay/doesn't need employee
>employee now making $0/hr

Yes, very humane

I love when boot locking americucks try to argue against minimum wage, like they are better off without it
Every country that doesn't rely on the customers giving extra money out of their own pocket to help feed employees has a substantially higher hdi than America.

Everyone should work for the government 30 hours a week and get to choose what they do for a living. There should also be an option to work 20 hours a week doing jobs that are in demand.

This alongside capitalism would be the best scenario. You could work for a private company, but the government would guarantee you benefits.

inb4 commie, this is just the best scenario. Look at China's control of State industries, shit works.

if hdi was a good measurement then cuba wouldn't score so high

It's because socialist European countries aren't flooded with nigs and spics. A country as white as Poland and free as USA is the dream.

>europoors
>can't even afford cars

>increase minimum wage
>local businesses increase prices of everything to compensate

China's economy is a paper tiger and it will cave to capitalist pressures or collapse (more likely)

The point of minimum wage is that you shouldn't be living comfortably, it's the bare minimum. You make minimum wage you live a minimum lifestyle compared to your peers.

10 trillion USD per hour. Then everyone can be rich, and poverty won't exist.

Then it should definitely be at minimum $15.

Im making 16/ hour and still live with parents because I cant afford to live alone barely with a roommate.

Doubt China's economy will be collapsing anytime soon. There's still a lot of tools the government can use for it to keep continuing its explosive growth.

pro tip find a better job retard

Centrists are cancer.

Abolish the minimum wage.

>make 60K a year
>42K/yr after taxes
>buy shit i dont need
>spent 14K a year on everything last year including rent utilities food

Try hard fgt.

1956
Minimum wage: $1
Average cost of a house: $22,000
20% down payment: $4,400
At that rate if you lived at home with no expenses it would only take you 4 years to save a down payment for a house after taxes. You could've started working full time at 18 and had your own house at age 22. And boomers wonder why everyone wants them to fuck off.

While it's obvious that there shouldn't be a minimum wage, what about minimum working conditions?

Maybe don't live in San Francisco or NYC you dumb shit

They inherited beautiful wealth and sold us out

Nationalism is unironically the answer though, nationalism was the build up that led to the wealth power of the West, globalism spelled the slow decline as shit got diluted

$20 not even joking fucking boomers I fucking hate u

But banks are partially to blame due to increased housing costs because everyone can just borrow money for a house meaning no one can no longer afford a house without borrowing.

It inflated so much it literally created a bubble that crashed in 2008.

Zero but replace the current welfare system with minimum guaranteed income+universal healthcare. Eliminate the minimum wage plus the other programs and/or transition them into a universal system. This is the way forward

>not the lowest being negative dollars
u so desperratte for job you owe me money

>minimum guaranteed income
>not reverse taxation

wait a second, the guberman tricked us into giving them universal income.

Negative income tax is just a slightly different way of getting to the same place but I would be fine with that

le eployment of last resort.

No.