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How Much Would Minimum Wagers Be Making RIGHT NOW If Wages Kept Pace With Executive Salaries?


Business  (tags: labor, business, corruption, corporate, dishonesty, abuse, americans, ethics, humans, money, politics, society, usa, law, lies )

JL
- 753 days ago - upworthy.com
Minimum wage doesn't mean "the minimum amount needed to live." It means "the minimum amount corporations can get away with paying." Share this now if you agree.



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Comments

David C. (29)
Thursday November 29, 2012, 11:37 pm
When I was a lot younger well 18years old, I was working as a boat builder in a start up business, my take home pay was 250 per week ($401.0750), I then join the army for 12 years, on coming out I when back to the same be this time a very big boat builders, so what was the take home pay for their workers after 12 years ...... 175 per week ($280.7525), today the workers take home $275 per week, so in 30 years the take home pay has gone up 15.

By the way if you wish to buy a boat from them, look forward to paying out from 1.2 million to 4.5 million.
 

JL A. (276)
Friday November 30, 2012, 9:33 am
Thanks for sharing the excellent example of how this plays out David!
 

Thomas P. (468)
Friday November 30, 2012, 4:24 pm
Noted and signed.
 

Thomas P. (468)
Friday November 30, 2012, 4:24 pm
Signed up.....sorry
 

JL A. (276)
Friday November 30, 2012, 4:26 pm
You cannot currently send a star to Thomas because you have done so within the last week. (Nice catch!)
 

Glenn Byrnes (192)
Saturday December 1, 2012, 12:14 am
Noted.
 

Mary S. (1)
Saturday December 1, 2012, 5:55 am
Shouldn't there also be ways to show that the CEO actually earned his salary. A worker could get fired but what happens to high management?
 

TomCat S. (231)
Saturday December 1, 2012, 6:40 am
Not only would we have servants, our servants would have servants.
 

Dorothy N. (63)
Saturday December 1, 2012, 6:41 am
Well, never too late to start working on pay equity!

No wonder the neoCons are running so scared that they're galloping straight into their fantasies to lock the door tight from inside, lol.
 

JL A. (276)
Saturday December 1, 2012, 7:02 am
You cannot currently send a star to TomCat because you have done so within the last week.
You cannot currently send a star to Dorothy because you have done so within the last week.
 

Theodore Shayne (56)
Saturday December 1, 2012, 9:42 am
You can see the trend in any of the financial services such as accounting. They have fixed salaries commensurate with what they feel the market will bear; and according to their perception of how much an individual is worth. The real money starts when you become a senior manager and then a partner.
 

JL A. (276)
Saturday December 1, 2012, 9:48 am
Excellent example Theodore! You cannot currently send a star to Theodore because you have done so within the last week.
 

Elle B. (82)
Saturday December 1, 2012, 1:23 pm
Ty J. L. - It's as if we've been teleported into never ending episodes of: "Groundhog Days in The Twilight Zones! WE figured this all out "before!" And ... WE were making significant progress...even the heads of state got it [see quotes below]. When suddenly multitudes went into high-speed cruise control on auto-pilot. So exactly WHO[s] is steering the ship right now? Or...maybe the question is. . .exactly what IS in all that fast food that millions are eating anyway?

A brief history of thoughts on the subject. . .

"All that harms labor is treason to America." ―Abraham Lincoln, US Pres.

"No business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By living wages I mean more than a bare subsistence level --I mean the wages of decent living." ― Franklin D. Roosevelt, US Pres.

"It is time that all Americans realized that the place of labor is side by side with the businessman and with the farmer, and not one-degree lower." ―Harry S. Truman, US Pres.

"Today in America, unions have a secure place in our industrial life. Only a handful of reactionaries harbor the ugly thought of breaking unions and depriving working men and women of the right to join the union of their choice. I have no use for those -- regardless of their political party -- who hold some vain and foolish dream of spinning the clock back to days when organized labor was huddled, almost as a hapless mass. Only a fool would try to deprive working men and women of the right to join the union of their choice." ―Dwight D. Eisenhower, US President



 

JL A. (276)
Saturday December 1, 2012, 2:08 pm
You are right about the surrealistic qualities Elle--and your illustrious quotes explain why such perspectives are unpatriotic and harmful to the country and to business as well. You cannot currently send a star to Elle because you have done so within the last week.
 

Mary Robert (2)
Saturday December 1, 2012, 4:32 pm
This is a great statistic. I am 66 and when I talk to my parents' generation, they can't understand why someone would have a hard time living on minimum wage. Afterall they may never have made $7.00 an hour in their lives, and they raised a family and sent their kids to college. They don't see how much different it is today in nearly every way. This number might help some people to understand just how low salaries are today.
 

Lois Jordan (58)
Saturday December 1, 2012, 4:50 pm
Noted. There is a movement underway to get the minimum wage raised to $15 an hour, which would reflect the current cost of living. Sorry that I don't remember where I signed the petition for it.
 

Past Member (0)
Saturday December 1, 2012, 5:19 pm
Thanks a lot, Reagan et al...pricks!
 

JL A. (276)
Saturday December 1, 2012, 5:39 pm
Great insight into the differences of perspective Mary! You cannot currently send a star to Lois because you have done so within the last week.You cannot currently send a star to Jason because you have done so within the last week.
 

Glenville J Owen (0)
Saturday December 1, 2012, 6:18 pm
Something is very wrong in our society when some rich and powerful people are able to pay themselves ever larger salaries, which they don't really need in order to exist, whilst denying the poorer masses a comfortable living wage. If we all learn to only ask a reasonable amount and offer a reasonable amount for any service we are capable of doing or needing, we'll start to care for each other more and be a lot happier for it.
 

JL A. (276)
Saturday December 1, 2012, 6:43 pm
You have expressed what was once called 'the moral imperative' exceptionally well Glenville. Thank you:You cannot currently send a star to Glenville J because you have done so within the last week.
 

Past Member (0)
Saturday December 1, 2012, 10:42 pm
Noted.
 

june t. (66)
Sunday December 2, 2012, 1:18 am
this is one of the best questions I've seen in a long time. Thanks for the post.
 

Carlene V. (203)
Sunday December 2, 2012, 5:48 am
One of the reasons I fully support unions. The GOP is in bed with large corps who's CEO's, etc make these outrageous salaries while paying wages so low that many employees are seeking help in the form of food stamps and medical care. It these same people were paid a real living wage they would't need so much help, or as the thugs in the GOP call it, entitlement. They know what the problem is but if they try and support those after a living wage they wouldn't get those perks and vacations on the yachts the corps own. I know, there are Dems involved in this also but, it's mostly Repubs who fight against unions and fair wages.
 

JL A. (276)
Sunday December 2, 2012, 7:20 am
Nice explanation Carlene for why unions and the costs the taxpayer underwrites that used to belong to the corporations. A green star headed your way.
 
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