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Sun Nov 10, 2013, 03:47 PM

Australia Has $16 Minimum Wage and is the Only Rich Country to Dodge the Global Recession


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Reply Australia Has $16 Minimum Wage and is the Only Rich Country to Dodge the Global Recession (Original post)
Quixote1818 Nov 2013 OP
Deep13 Nov 2013 #1
Snowfield Nov 2013 #2
frazzled Nov 2013 #3
Veilex Nov 2013 #4
dipsydoodle Nov 2013 #5
blkmusclmachine Nov 2013 #6
bluedeathray Nov 2013 #7

Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 03:55 PM

1. It's almost like they want to support the public and screw the corporations.

How crazy is that?!

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Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 04:41 PM

2. Title is wrong, we Nordics (Sweden, Norway, Denmark, Finland)plus Switzerland avoided even better

 

n/t

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Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 04:46 PM

3. Out of context, this argument is not helpful

First, many countries have a higher minimum wage than we do. France, for example, has a minimum wage of $12.09, second only to Australia's, and it has had a horrible time in the global recession. (It's rating was just downgraded.)

Australia's minimum wage doesn't kick in until after age 20 (or rather, that top wage doesn't kick in until then; 16 to 19 year olds have lower minimum wages: http://www.fairwork.gov.au/pay/national-minimum-wage/pages/default.aspx/ )

Lastly, Australia's minimum wage is not the highest when compared to the median worker's wage (actually, France's minimum wage is the highest when compared to what the average worker makes).

Interesting article on all this at Wonkblog, in which it says:

The Center for American Progress has proposed setting the minimum wage at half the average wage (mean, not median as used above) for production and non-supervisory workers; at the current level, that means a $10.07 minimum. If we were to adopt France's 60 percent ratio, that'd put us at about $12.08.


http://www.washingtonpost.com/blogs/wonkblog/wp/2013/08/19/the-u-s-has-a-7-25-minimum-wage-australias-is-16-88/

I might add that Australia has one of the most expensive costs of living of any country in the world (behind Norway and Switzerland); the US is relatively way down the list. See:

http://www.numbeo.com/cost-of-living/rankings_by_country.jsp

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Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 04:46 PM

4. What?!?!? People actually want to be able to live and pay their bills? What kind of crazy is that?!?

 

Love it!
Would be awesome to see fast food workers get $15/hour.

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Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 04:48 PM

5. Title implies a relationship

which in the case of Australia doesn't exist. Prior to the recession they were of necessity paying AU$ 50k for waitresses at the mines.

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Response to Quixote1818 (Original post)

Sun Nov 10, 2013, 07:54 PM

6. Australia's new thug Tory Prime Minister might just rectify that situation.

 

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Response to Quixote1818 (Original post)

Mon Nov 11, 2013, 10:49 AM

7. Australia's minimum wage is also

Geared to age. Giving it the added ability to support families, help alleviate poverty, and reduce government spending.

I learned this not long ago from an Aussie soldier.

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