The bill entering law this session is very different from that of last session.
Here is the original bill:
Here is the amended version that passed the Senate last year…… which dropped the rates by a half a dollar, and excluded the possibility that Delaware could be over the Federal Minimum Wage…
The House Amended it this year, primarily to update the dates by 6 months.
Then came the first Republican torpedo, later stricken…. to poke multiple holes in the minimum wage, thereby making it a minimum seive. Allowing for the payment of $5.81 per hour to the following….
(1) employees under the age of 18; and
(2) employees during their first 180 consecutive calendar days of employment with the employer; and
(2) employees employed in a seasonal capacity.”
Here is the real Republican torpedo. (Defeated naturally like everything Republican in this wonderful state) to extend implementation by half a year.
Then the third Republican attempt at poking holes in the minimum wage to allow businesses to exploit child and migrant labor by paying them $5.81 an hour….
(1) is under the age of 18; or
(2) is within the employee’s first 180 consecutive calendar days of employment with the employer; or
(2) is employed in a seasonal capacity.”
As it stands now, the minimum wage will rise to $7.75 per hour on June 1, 2014, and then again one year later. On June 1, 2015, the minimum wage will be $8.25.. unless the Federal wage is passed at a higher amount: $10.10….
But the real question is this: how is it remotely possible that we still have 16 people in the civilized world, much less in our Delaware legislature, who still think it is ok to pay $5.81 for minimum wages therby putting Delaware in a slot between Slovenia and Greece on a chart of international minimum wages….
How is it possible that Blakely, Briggs-King, Dukes, Gray, Deborah Hudson AGAIN!!!!, Q. Johnson, Kenton, MIRO, Outten, Peterman, Ramone, D. Short, Smyk, Spiegelman, Walker, Wilson, are still living in the 1990’s back when $5.81 was considered the barest acceptable minimum wage? Roll back time 20 years… Sure, no problem say these 16.
Greece. These people want us to be Greece…. GET RID OF THEM! GET RID OF THEM ALL….. 🙂 (it is an election year, you know?)
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January 30, 2014 at 5:01 pm
Robert Boxer
I recently wrote an article about how an increase in the minimum wage rate increases unemployment. You can read it here: http://wp.me/p3N9zD-4e
January 30, 2014 at 8:21 pm
kavips
I read your article and thought it was one sided. It completely ignores the financial side. Allow me to explain.
Random numbers. 10,000 people $1,00 increase of minimum wage…
At an average of 30 hours per week the increase will create $10,000 per hour of every person working that new rate. $300,000 is pumped into that local community. Which means $300,000 of business occurs one week, that simply was not there the past.
So if the previous wage was $9.00 an hour and gets raised to $10.00 an hour, then the difference among those 10,000 people working 30 hours would be from $2.7 million up to $3.0 million or the $300,000 mentioned above.
This amounts to an eleven percent jump in purchasing power….
From the employer’s end, he was paying $9.00 per hour and now is paying $10. Keeping all other factors the same he too is impacted that $1.00 or 11%. So whereas it is a hardship to the employer, it is a benefit to the economy…. It washes out… Except there is more….
That $300,000 costs all the employers once. Each weekly payroll cycle. But the economic side keep spreading… If all $300,000 hit the grocery store as one example, then that store has to restock at at higher rate than before. So it buys more product. Product which when sold…. ka ching, kaching, will create more profit for him… Profit he never would have gained, had the $300,000 never occurred…
Furthermore this same process is repeated up the economic ladder. Once, twice, three times, towards infinity…
That is far more gain than a single hit, which is why Milton Friedman was wrong….
There are many other models out there that are far more comprehensive. Did you know that in his time,Milton Friedman was considered an simple man’s economic sideshow? Kinda odd that some revere him now.