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Personally, it is in the name: full-time job. It takes your full job time, it says that there is a measurable amount of job you can have and that it is full wi
by atwebb 7y ago
Personally, it is in the name: full-time job.
It takes your full job time, it says that there is a measurable amount of job you can have and that it is full with that one. Following that logic, if you fill all of your available job time, there is an assumption (mine and others) that it would provide simply because if you can't, you need more job to do so, making it not a full-time job.
- kuzimoto 7y agoThe problem with your logic, is that you still don't define what "full time" equals. There are 24 hours in a day, so is full-time working 24 hours/day? Obviously that's not practical, but then where do you draw the line? Any conclusion you come up with is completely subjective, and might fit for some people, and might not for others. Maybe someone's full-time job is someone else's part-time job.
- fwip 7y agoThat's not a problem with their logic, that's a problem of your pedantry. Draw the line wherever you think it should be drawn. Their argument is still true. The argument doesn't change whether full-time is 25 hours or 75 hours. Every single adult working whatever society agrees is "full time" should be able to live comfortably on those wages.
- kuzimoto 7y ago> Every single adult working whatever society agrees is "full time" should be able to live comfortably on those wages. I agree that would be nice, it's just not possible in a free market. Is there any country where everyone lives comfortably working full time at any job?
- fwip 7y agoThat darn free market. If only there was some way to, idk, regulate it, or something. Unfortunately, it's an inevitable law of nature and we are helpless in the face of its wrath.
- kuzimoto 7y agoThe free market doesn't leave people helpless, it empowers. With enough effort, you can do nearly anything. Additional regulation usually makes it harder for small business to operate. Actually, let's just make the minimum wage $30/hr and everything will be great.
- deleted 7y ago[deleted]
- skosch 7y agoIt's great that you understand how supply and demand works, but look beyond that. At some point in the mid-term future, automation will take over enough labor that a sizeable chunk of the (educated, motivated) population won't be able to find a job at all. Supply non-zero, demand zero, ergo price zero. In that world, should we just let people starve?
- satyrnein 7y agoThat seems like an argument for basic income or similar. The topic at hand is raising minimum wage, which could only accelerate job loss due to automation.
- Retric 7y agoRaising minimum wage might reduce the number of jobs, but 100% * ~0$ < 10% * 15$. Many companies have wages low enough that people receive significant public assistance while working full time. That’s a terrible trend, either the work is valuable enough to pay a living wage or or does not need to be done. Allowing companies to pay below living wages is simply an inefficient drain on the economy.
- kuzimoto 7y agoThat's a completely different situation, and there's no telling when or if that will happen.
- _vertigo 7y ago> that would be nice, it's just not possible in a free market Source?
- kuzimoto 7y agoI mean, technically it's possible. It makes it hard because the supply of low-skilled labor is very high, and you can't bargain to be paid a higher wage for a position, if someone else is available to do it for less.
- tastroder 7y ago> I agree that would be nice, it's just not possible in a free market. Is there any country where everyone lives comfortably working full time at any job? I mean, except for historical edge cases, we have minimum wage and social welfare programs in Germany that can be used to supplement income if it's really not enough to drag you over the poverty line. While it is by no means perfect and there of course still is poverty and people requiring multiple jobs, if you work 40 hours you can rely on full social benefits, pay into your pension fund and at least live some form of life. The US isn't really a posterchild of how to treat employees w.r.t. wages, vacation, health care, ... the question of "everyone living comfortably" seems weird, of course not. How a society handles their poor/low-income earners is no black and white question, there's a huge range between giving corporations free reign and at least trying to improve living conditions for the majority of citizens.
- apexalpha 7y ago>I agree that would be nice, it's just not possible in a free market. Is there any country where everyone lives comfortably working full time at any job? Yes. In my country (NL) the minimum wage, combined with a progressive tax system makes that everyone can live off one job, have health care for their family and education for their kids. It's not luxery on minimum wage, but it works.
- kuzimoto 7y ago>Is there any country where everyone lives comfortably working full time at any job? I was probably a bit hasty in asking this question, it's a bit silly. That being said, I don't know if you can compare NL and US as it's population is 10x lower and as you mentioned has much higher taxes and government programs. Also, for some reason I can't find recent poverty statistics for NL later than 2015, and I saw stats going from 11.6% to 14% which puts it fairly close to US 12.3%. I would expect given the massive social programs and minimum wage for this to be lower.
- grecy 7y ago> Is there any country where everyone lives comfortably working full time at any job? Every developed country except one. I can't believe you don't know that. Last time I was in Australia I met a guy and his wife - they both work stacking shelves at Safeway (the very definition of minimum wage job). Not only are they paying for a house and have three kids, he has enough money for a project car (V8 something Australian) AND they fly to Bali every year for a holiday. Yes, when you work a minimum wage full time job in a developed country you can have a very good life.
- kuzimoto 7y agoInterestingly, Australia currently has the highest minimum wage (in the world) but similar levels of poverty to the United States. In addition, Australia has much higher taxes overall than US, but lower taxes for low-income earners. I'm not an expert on economics by any means, but the population of the US is about 13x that of Australia and I don't know if it's possible to make a direct comparison between the two.
- grecy 7y agoThat's why we do comparisons per capita.
- kuzimoto 7y agoI think these issues are a lot more nuanced than that. Maybe I'm completely wrong, but it seems like diseconomies of scale could have an impact on how well the US operates and maybe requires a lot more tax dollars per capita than does Australia for the same things.