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mustang guy

Minimum wage. Should it be $15?

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My son Nick is doing a minimum wage type survey for his capstone at Marshall U. If you would take a minute and fill it out, I'd appreciate it. It is completely anonymous.

 

Here is the link:  

 

 
He wants to get 250 responses and he's only had 61 so far.
 
Thanks to all who take the time to help him out...
 
Cheers,
 
Craig
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It just grinds for me when I press "Done."  I did it twice.  There might me a duplicate on his end.  Or there might be nothing.  I tried...

 

To others:  It's only 10 questions.  It's fast.

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Thanks everybody. If you want to see the results, you can click directly to the results page results

 

I have been crazy busy lately. It was sad to not be able to spend so much time here. I will try not to be such a stranger because I do miss my online family here. 

 

All 3 of my sons are now students at Marshall, and they love it. I reckon that being an empty-nester just made me take on too many projects. I am now getting to a point where I can take some time off. What I would love to do is go somewhere warm and drink something with an umbrella in it. What I need to do it stop smoking and start exercising.  :)

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Minimum wage was $1.30 in 1969.  A calculator shows that that equals $8.60 today and that was when there were unskilled jobs.

 

Done, how much do we get paid for taking the survey? 

Edited by tigerwoodKhorns
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From a few years ago--- about your incorrect 1969 reference:

In 1969, the minimum wage for most private sector workers was $1.60 an hour.(7) That is equivalent to $10.24 in today's money, adjusted for inflation using the CPI. The actual federal minimum wage today is only $7.25 an hour - and has been since 2009.

The president's preferred minimum wage of $10.10 an hour would come close to restoring the minimum wage that prevailed in 1969, adjusted for inflation. But 1969 was a long time ago. More than 60 percent of Americans alive today were born after 1969. (8)

If the minimum wage had grown in lock-step with growth in national income per person since 1969, it would have reached $16.88 an hour in 2013. (9)

Assuming that GDP per capita continues to grow at a modest 2.5 percent per year in 2014 and 2015, the equivalent figure for 2015 would be a minimum wage of $17.73 an hour.

That's quite a bit higher than President Obama's proposed increase to $10.10 in 2015.

The $17.73 an hour figure is not some kind of socialist dream number pulled from thin air. It is the minimum wage we would have today if we had indexed the minimum wage to overall economic growth all those years ago.

A $17.73 an hour minimum wage would be a living wage for the 2010s. In fact, it is almost exactly equal to the $15 living wage demanded by the 2012-2013 fast food industry protests, once you add in 10 paid sick days, 10 paid vacation days, and 10 paid holidays.

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