|
Home | Forums | Gallery | Webcams | Blogs | YouTube Channel | Classifieds | Calendar | Register | FAQ | Donate | Members List | Today's Posts | Search |
|
Thread Tools | Display Modes |
08-31-2013, 06:49 PM | #1 |
Senior Member
Join Date: Jun 2007
Posts: 2,129
Thanks: 380
Thanked 1,016 Times in 345 Posts
|
Raising the minimum wage in NH?
So there are a few States that already pay above the Gov't standard minimum wage. With the fight going on to raise the minimum wage to over $10.00 to maybe even $15.00 per hour, what will the impact of any raise be to the local economy? Just wondering if anyone has been following this and what the thoughts are out there. Without getting political of course. Keep it to the local economy.
I can imagine that people will be a whole lot more selective about the people they hire, cut backs, increased payroll taxes etc. Add Obamacare into the mix and yikes! Last edited by Lakesrider; 08-31-2013 at 08:18 PM. |
08-31-2013, 07:54 PM | #2 | |
Senior Member
Join Date: Jan 2013
Posts: 758
Thanks: 760
Thanked 306 Times in 203 Posts
|
Quote:
__________________
GG |
|
08-31-2013, 08:18 PM | #3 |
Senior Member
Join Date: Jun 2007
Posts: 2,129
Thanks: 380
Thanked 1,016 Times in 345 Posts
|
Because we are not talking about Obamacare. We are talking about the minimum wage. I just added Obamacare to the conversation to remind us of what the effects of BOTH will be on Businesses in the lakes region. I'll take out the word fiasco if it pleases everyone.
|
08-31-2013, 08:39 PM | #4 |
Senior Member
Join Date: Apr 2004
Location: Moultonboro, NH
Posts: 2,913
Thanks: 474
Thanked 684 Times in 382 Posts
|
I think a relevant question to ask in parallel is are you willing to spend $5 to $7 for a Big Mac or $3 or $4 for a hamburger?
|
08-31-2013, 09:01 PM | #5 |
Senior Member
Join Date: May 2010
Posts: 412
Thanks: 211
Thanked 106 Times in 73 Posts
|
IMO. Cost of living will skyrocket along with it. The increase in minimum wage will become a wash, only taking down with it everyone who is now just getting by. In order to keep an even economy EVERYONE will need to an equivalent pay increase as the minimum increase. Again imo.
|
Sponsored Links |
|
08-31-2013, 09:49 PM | #6 |
Senior Member
Join Date: Aug 2008
Location: Alton Bay
Posts: 293
Thanks: 86
Thanked 78 Times in 49 Posts
|
The "living wage" in Australia is over $16/hr.
A bottle of water is $4 at the 7/11. A small coffee and egg mcmuffin is over $8. A draft beer is pretty much $8 everywhere. Do the math. |
09-01-2013, 05:44 AM | #7 |
Senior Member
Join Date: Jan 2010
Posts: 620
Thanks: 259
Thanked 158 Times in 100 Posts
|
$8 for a draft beer! We used to pay a nickel on Long Island back in the good old days. I can't recall if there even was a minimum wage. Seems like I will be priced out of living. No more $4.00 meals for the wife and I at Wendys.
|
09-01-2013, 07:15 AM | #8 |
Senior Member
Join Date: Jan 2006
Posts: 6,643
Thanks: 746
Thanked 1,439 Times in 1,000 Posts
|
You are all right, it is all RELATIVE. Raise the price of things and cost go up so people earning $15 an hour won't be any better of than they are now earning 10. Anybody that thinks it doesn't HAVE to happen has no idea. I think it just sounds good for politicians to say they are raising the minimum wage. And speaking of Obamacare, I got an email from Anthem telling me that my company should consider changing our anniversary date (the date which our insurance renews, in case someone doesn't know) from 2014 to 2013 as they expect our insurance to go up from 26-38% in 2014. What ever in the world happened to Obama care is going to save money????
I know many businesses in the Lakes Region are already struggling, if this happens around here, it will hurt, at least until they adjust their prices. And the problem is, when they adjust their prices people will have sticker shock at least for a while and not buy. |
09-01-2013, 07:22 AM | #9 | |
Senior Member
Join Date: Sep 2012
Location: Melvin Village
Posts: 309
Thanks: 150
Thanked 105 Times in 73 Posts
|
Quote:
Waitstaff also do not expect to get tips, because they make a decent wage. |
|
09-01-2013, 08:15 AM | #10 |
Senior Member
Join Date: Apr 2004
Location: Moultonborough
Posts: 2,890
Thanks: 334
Thanked 1,672 Times in 583 Posts
|
The minimum wage was never intended to sustain a family...it is an entry level pay scale that allows business' to hire young or unskilled people while they learn some job skills.
I can give you an example of a young man that started with us at minimum wage who is now a manager with a family,two cars,is pre-approved and looking for his first home. Work hard,learn new skills,show some initiative and you won't be getting minimum wage for long but to nearly double the rate would be hurtful to small business owners everywhere. We would have to raise prices or increase the work load........unlike the government,we have to balance our books and show a profit. Wish we could print new money when we need it,as they do,but....oops,sorry,can't get political. |
The Following 7 Users Say Thank You to SAMIAM For This Useful Post: | ||
BroadHopper (09-01-2013), ishoot308 (09-01-2013), ITD (09-02-2013), Pineedles (09-01-2013), Seaplane Pilot (09-02-2013), tis (09-01-2013), VitaBene (09-03-2013) |
09-02-2013, 06:28 PM | #11 |
Senior Member
Join Date: Apr 2004
Location: NH
Posts: 2,689
Thanks: 33
Thanked 439 Times in 249 Posts
|
What I cant understand is how people believe the government should make it illegal for someone to work?
|
09-02-2013, 07:06 PM | #12 | |
Senior Member
Join Date: Jun 2007
Posts: 2,129
Thanks: 380
Thanked 1,016 Times in 345 Posts
|
Quote:
|
|
09-03-2013, 08:45 AM | #13 | |
Senior Member
Join Date: Apr 2004
Location: Moultonborough
Posts: 2,890
Thanks: 334
Thanked 1,672 Times in 583 Posts
|
Quote:
Just for example of what the effect would be,examine an average small business with 30 or 40 emplyees and 1 million in annual sales.A $7.50 increase in the minimum wage equals a $15,000 annual increase.If they have 10 people at that rate it would be an increase of $150,000 which exceeds the average profit of most small business' and would probably cause them to close down. |
|
The Following 2 Users Say Thank You to SAMIAM For This Useful Post: | ||
Pineedles (09-03-2013), Seaplane Pilot (09-03-2013) |
09-03-2013, 10:44 AM | #14 | |
Senior Member
Join Date: Apr 2004
Location: Bow
Posts: 1,874
Thanks: 521
Thanked 308 Times in 162 Posts
|
Quote:
Wal Mart for example. People go there to buy cheap stuff. The stuff is cheap because Wal Mart buys it cheap, and they have to pay their help accordingly. Pay the help more, and the stuff you buy is more expensive.
__________________
Getting ready for winter! |
|
09-03-2013, 11:54 AM | #15 |
Senior Member
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,560
Thanks: 3,176
Thanked 1,097 Times in 790 Posts
|
Raise the minumum wage
and the cost of living will go up. And we are all back to square one!
Its a vicious circle that will go round and round. Just like politics!
__________________
Someday may never be an actual day. |
09-03-2013, 12:06 PM | #16 |
Senior Member
Join Date: Jan 2006
Posts: 6,643
Thanks: 746
Thanked 1,439 Times in 1,000 Posts
|
Exactly what I have said. It is all relative. If the cost of products and services go up, so does the price of the products. It IS a vicious circle, BH.
|
09-04-2013, 12:06 PM | #17 |
Senior Member
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,560
Thanks: 3,176
Thanked 1,097 Times in 790 Posts
|
Wait until Next month
When the next phase of Obamacare comes into effect. Small businesses with just more than 50 employees will lay off folks to reduce the staff to less than 50.
We already seen folks hours cut to part time status to avoid paying for health insurance. We now see more folks without health insurance than before Obamacare. Another vicious circle created by our 'feel good' politicians!
__________________
Someday may never be an actual day. |
09-05-2013, 09:22 AM | #18 | |
Senior Member
Join Date: Jun 2007
Posts: 2,129
Thanks: 380
Thanked 1,016 Times in 345 Posts
|
Quote:
|
|
09-05-2013, 09:53 AM | #19 |
Senior Member
|
You know that Walmart's prices are not all that low anymore. Used to be an oil change cost about 15-dollars, but now costs about 31-dollars except for their Nascar specials that feature one brand for about 25-dollars. In the Wal-Mart food area, the Walmart prices can be higher than the Plymouth Hannaford prices, sometimes.
Sooner or later, could be that a Market Basket will come to Plymouth? If you want lower prices for all sorts of items, suggest you visit the St Vincent De Paul www.stvdplaconia.com/ retail store in Laconia, next to McDonalds! All the people working there are older folks in their 60's, 70's and 80's who probably do not get paid anything because they are volunteers, plus it does not accept any credit or debit cards. It is not too unusual to see customer cars like Cadillac, Lexus, and late model Ford Taurus parked in the St Vincent's p-lot. So, u-know- what they say......the richer u get ....the cheaper u get! St Vincent's has a food pantry next door that is open for two hours on two days/weeks for a total of four hours per week. I have no clue about the food pantry as I have never used it, except that I am aware that it is there.
__________________
... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 09-06-2013 at 06:08 AM. |
09-06-2013, 07:48 AM | #20 |
Senior Member
Join Date: Apr 2004
Location: Bow
Posts: 1,874
Thanks: 521
Thanked 308 Times in 162 Posts
|
You know, I will never understand that. If you want more pay, find a different/better job.
__________________
Getting ready for winter! |
The Following User Says Thank You to chipj29 For This Useful Post: | ||
BroadHopper (09-06-2013) |
09-06-2013, 09:58 AM | #21 |
Senior Member
Join Date: Apr 2011
Location: White Mountain Area NH
Posts: 155
Thanks: 310
Thanked 112 Times in 59 Posts
|
It is just another example of the "entitled mentality" they believe they are "entitled" to more without doing anything to EARN it.
__________________
Freedom Lovin' gun crazy Redneck |
09-16-2013, 07:10 AM | #22 |
Senior Member
|
Vermont has a minimum wage set at $8.60, while New Hampshire has the same $7.25 as the federal minimum wage.
'Wikipedia - minimum wage" has lots of information. ...or google this "Employment gap between richest, poorest, widest on record" by Hope Yen, Associated Press, Sept 16, 2013
__________________
... down and out, liv'n that Walmart side of the lake! |
09-16-2013, 12:10 PM | #23 |
Senior Member
Join Date: Jul 2007
Location: Moultonborough
Posts: 3,551
Thanks: 1,582
Thanked 1,616 Times in 829 Posts
|
You realize that 5 quarts of oil costs more than 15 dollars, right? The days of 89 cent quarts of oil went out with 89 cent gasoline!
|
09-16-2013, 03:36 PM | #24 |
Senior Member
Join Date: Dec 2009
Posts: 727
Thanks: 35
Thanked 145 Times in 98 Posts
|
1960 wages paid today at minimum wage.
"A federal minimum wage was first set in 1938. The graph shows nominal (blue diamonds) and real (red squares) minimum wage values. Nominal values range from $0.25/hr in 1938 to the current $7.25/hr. The graph adjusts these wages to 2012 dollars (red squares) to show the real value of the minimum wage. Calculated in real 2012 dollars, the 1968 minimum wage was the highest at $10.51. The real dollar minimum wage (red squares) falls during periods Congress does not raise the minimum wage to keep up with inflation. The minimum wage increased in three $0.70 increments--to $5.85 in July, 2007, $6.55 in July, 2008, and to $7.25 in July 2009. The 2012 minimum wage is equal to what was paid in 1960." LINK |
09-16-2013, 04:32 PM | #25 |
Senior Member
Join Date: Jan 2006
Posts: 6,643
Thanks: 746
Thanked 1,439 Times in 1,000 Posts
|
Do minimum wages keep up with inflation or does inflation keep up with minimum wage???? Just a thought.
|
09-23-2013, 11:40 AM | #26 |
Senior Member
Join Date: Oct 2004
Location: Laconia NH
Posts: 5,560
Thanks: 3,176
Thanked 1,097 Times in 790 Posts
|
In a way minimum wage can cause inflation...................
__________________
Someday may never be an actual day. |
09-23-2013, 12:21 PM | #27 |
Senior Member
Join Date: Jan 2006
Posts: 6,643
Thanks: 746
Thanked 1,439 Times in 1,000 Posts
|
And when prices get inflated, people need more to live, so wages need to go up again to keep up. Seems to me it is a vicious circle.
|
09-28-2013, 09:46 AM | #28 |
Senior Member
Join Date: Dec 2009
Posts: 727
Thanks: 35
Thanked 145 Times in 98 Posts
|
|
09-28-2013, 09:59 AM | #29 |
Senior Member
Join Date: Jan 2006
Posts: 6,643
Thanks: 746
Thanked 1,439 Times in 1,000 Posts
|
|
10-08-2013, 06:27 AM | #31 |
Senior Member
Join Date: Apr 2004
Location: NH
Posts: 2,689
Thanks: 33
Thanked 439 Times in 249 Posts
|
I used to think that the whole tipping thing was crazy but it works well for both parties.
For the server they can earn more if they work harder, and for a server working harder means giving the patron a better dining experience. Plus their extra hard work pay is essentially untaxed. For the patron it means better service. Travel in Europe, the worst chain pub here has better service than all but fine dining there. Yes there five star places treat you like a king but the run of the mill restaurants have horrible service. |
10-16-2013, 10:05 PM | #32 |
Senior Member
|
Janet Yellen, newly nominated chair of the www.federalreserve.gov when looking to hire a babysitter for their son, back in the early 1980's, chose to offer higher pay thinking that a babysitter happy with the higher pay would do a better job, and she says her theory was correct ...... way-to-go Janet! ..... u know that after she gets confirmed .... she serves for maybe ten years or so!
...... Meanwhile, the Massachusetts legislature is currently considering raising their state rate up to ten dollars/hour over the next two years or so. And in 2011, the New Hampshire legislature, under a Republican majority eliminated any New Hampshire minimum wage which had been 7.85 or so, rescinding it over Gov John Lynch's veto, so the NH rate went from 7.85 down to the federal rate of 7.35, or something like that. So, it just goes to show; under the Republicans, the local State of NH owned roads in Meredith like one-mile long Barnard Ridge Rd and the six-mile long Meredith Neck Rd are left to fall all apart with crumbly old asphalt and permanent frost heaves and the wage rate goes down which probably makes some people all happy .... is this your NH republican road you want to be driving ... especially if you is driving a motorcycle!
__________________
... down and out, liv'n that Walmart side of the lake! Last edited by fatlazyless; 10-22-2013 at 09:21 AM. |
12-11-2013, 04:17 PM | #33 | |
Senior Member
Join Date: Apr 2004
Location: Kuna ID
Posts: 2,755
Thanks: 246
Thanked 1,942 Times in 802 Posts
|
Quote:
Or better yet want that road paved, let's pay for that with a EBT card |
|
12-12-2013, 05:55 AM | #34 |
Senior Member
|
.... a republican road?
I don't know the how or the why for how or why the State of New Hampshire is the owner of one mile long Barnard Ridge Rd, or six mile long Meredith Neck Rd as opposed to the Town of Meredith owning them, but the state does in fact own these two roads. Probably, the Town of Meredith should own these two roads and they would be in much, much better shape; just take a look-see at nearby Pleasant St which is owned by the Town of Meredith.
They are called unnumbered state roads and are down at the bottom of the list for getting maintenance so, as a result of neglect, the pavement has enough crumbly asphalt, cracks, bulges, permanent frost heaves, waves, and missing asphalt that the town snowplows cannot lower their blades closer than about 5" to the pavement because it is simply too rough and the blade will tear up the asphalt. You can call it what you want about sound fiscal policy and ebt cards but the real reason is because the Republican dominated (13-11) NH Senate has stopped the needed money from going to the NH Dept of Transportation so's I think it's pretty accurate to call it a republican road!
__________________
... down and out, liv'n that Walmart side of the lake! |
12-13-2013, 12:32 PM | #35 | |
Senior Member
Join Date: Apr 2004
Posts: 1,177
Thanks: 664
Thanked 943 Times in 368 Posts
|
Quote:
|
|
Bookmarks |
|
|