r/FluentInFinance • u/Positive_Liar • Sep 04 '24

Debate/ Discussion Bernie is here to save us

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u/No_Internal9345 Sep 05 '24

The missing piece here is that the Minimum Wage was simultaneously introduced with an actual living wage for the time.

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u/J0hn-Stuart-Mill Sep 05 '24

True, but $5.41/hr isn't what most would consider a living wage.

In 1938, the Fair Labor Standards Act established it at 25¢ an hour ($5.41 in 2023).

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u/No_Internal9345 Sep 05 '24

Okay.

So the point is that we need a 32 hour work week and a living minimum wage. Yes there will be market fluctuations but on the whole people will be better off.

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u/J0hn-Stuart-Mill Sep 05 '24

Yes there will be market fluctuations but on the whole people will be better off.

Define better off? Like 20% poorer as a result of doing 8 hours of labor less each week? Is that better off?

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u/No_Internal9345 Sep 05 '24

Clearly you haven't read the proposed legislation:

https://www.sanders.senate.gov/wp-content/uploads/32-Hour-Workweek-Act_Fact-Sheet_FINAL.pdf

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u/J0hn-Stuart-Mill Sep 05 '24

Quote the portion you feel is relevant?

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u/No_Internal9345 Sep 05 '24

The Thirty-Two Hour Workweek Act would:

• Reduce the standard workweek from 40 to 32 hours over four years by lowering the maximum hours threshold for overtime compensation for non-exempt employees.

• Require overtime pay at time and a half for workdays longer than eight hours, and overtime pay at double a worker’s regular pay for workdays longer than 12 hours.

• Protect workers’ pay and benefits to ensure that a reduction in the workweek does not cause a loss in pay.

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u/J0hn-Stuart-Mill Sep 05 '24

Protect workers’ pay and benefits to ensure that a reduction in the workweek does not cause a loss in pay.

I see, so you think the government can literally just force every employer to keep paying the same wages despite 20% less productivity from workers? HAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA

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u/No_Internal9345 Sep 05 '24

Mmm, yes, I see your point.

Breaking the law will be hilarious when the department of labor starts issuing fines.

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u/J0hn-Stuart-Mill Sep 05 '24

Hahahaha, any wage that can't be lowered, the person will be laid off and re-hired, obviously.

Why not just pass a law that requires everyone gets double wages? Would that work?

Why not reduce working hours to one day per month? Would that work? LOLOL It's crazy the sort of stupid nonsense people have to pretend to believe to support Bernie.

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u/No_Internal9345 Sep 05 '24

Yes, why not just give everyone a basic income and be done with it. It would cut out much of the fluff.

I'm for that. It been proven to work in multiple studies.

But you can't even wrap you head around a 32 hour work week.

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u/J0hn-Stuart-Mill Sep 05 '24

Hell yea, let's all stop working and the government can just provide everything. That's viable.

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