Sen. Bernie Sanders (I-Vt.) on Wednesday introduced a bill to establish a standard four-day workweek in the United States without any reduction in pay. The bill, over a four-year period, would lowe…
Yup. These “free market” folks conveniently forget that competition is bolstered when there’s a floor. An impartial referee to call balls, strikes, and fouls. A set of rules everyone has to play by, or they don’t get to play at all.
I have no idea why you’re being downvoted. How would the government mandate a pay raise across the board? The government only has the federal minimum wage lever to play with. Somehow the law would have to say: all hourly workers must be paid 25% more. Would companies just increase prices by 25%?
Now, I’m all for reducing the work week to 32 hours. I’m tired of spending most of the week working and only having to 2 free days (of which one is usually spent doing home chores). But I’m genuinely curious about how this would be implemented without causing massive inflation.
I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
If you are correct, then the bill won’t work, because it won’t have the support of all the hourly workers.
I’m assuming that Bernie and Co are smart enough to realize that, so they would make sure any bill that they wrote would cover that scenario that you’re describing, and not just waste all of our time.
That’s why I believe the part of the article I quoted earlier is factual, and covers what you’re speaking about.
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If it’s mandated by law they will. As they do in other countries.
Yup. These “free market” folks conveniently forget that competition is bolstered when there’s a floor. An impartial referee to call balls, strikes, and fouls. A set of rules everyone has to play by, or they don’t get to play at all.
Also known as regulation.
they lose hours but the hourly pay goes up, just like everybody else, no? I haven’t read the bill but I would be surprised if that’s not in there.
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News flash, they’re going to be raising prices regardless.
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Point is, they’re going to anyway. So why even take that into consideration?
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Dude you’re the one who brought it up
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Companies already offer part time retail positions, and they are shitty about it. 39.5 hours a week to avoid the full time line.
So in this 32h future they’d just offer 31 hour positions at a lower rate and still yank people around
Edit: I was off on values. Commenter below pointed out 30 is the mark
The Full time Mark is already 30 hours per week measured monthly so not this would not change anything
https://www.irs.gov/affordable-care-act/employers/identifying-full-time-employees
Sorry off on values, but they would offer part time. This is common.
So 28-29 hours.
I have no idea why you’re being downvoted. How would the government mandate a pay raise across the board? The government only has the federal minimum wage lever to play with. Somehow the law would have to say: all hourly workers must be paid 25% more. Would companies just increase prices by 25%?
Now, I’m all for reducing the work week to 32 hours. I’m tired of spending most of the week working and only having to 2 free days (of which one is usually spent doing home chores). But I’m genuinely curious about how this would be implemented without causing massive inflation.
Raising the minimum wage to account for inflation would give a vast number of people a major raise.
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I agree, it has little to do with it. I was just addressing the idea that the federal minimum wage being the only lever to play would not have a massive positive effect on a huge percentage of workers.
The AFL-CIO, which is only demanding a $15/hour minimum wage says that if it kept up with inflation, it would be $24/hour.
https://aflcio.org/what-unions-do/social-economic-justice/minimum-wage
Based on that, the bare minimum someone working full-time should be making is a little less than $50,000 a year. And if the government used that ‘only lever to play,’ and it would still be less than the $68k that is needed to ‘live comfortably.’
https://thehill.com/business/4059025-an-average-american-income-may-no-longer-cut-it/
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From the article…
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I’m assuming that’s covered as a part of this…
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If you are correct, then the bill won’t work, because it won’t have the support of all the hourly workers.
I’m assuming that Bernie and Co are smart enough to realize that, so they would make sure any bill that they wrote would cover that scenario that you’re describing, and not just waste all of our time.
That’s why I believe the part of the article I quoted earlier is factual, and covers what you’re speaking about.