General Discussion
In reply to the discussion: Can someone answer my question about the minimum-wage hike? [View all]eniwetok
(1,629 posts)Seriously, your idea of trying to prove a claim you made or whether it's relevant to this discussion is you want someone else to do your homework for you?
When it comes to per capital GDP it's an interesting indicator in a generalized sense but alone it doesn't backup your case. Nations even with the same per capita GDP may have dissimilar priorities as we see with US military spending. Other nations offer more generous social safety nets.
For purposes of illustration only... when it comes to a German company vs a US being able to offer a comparable MW the US employer may be at a disadvantage since they include health insurance where the German company need not to.
But the bottom line remains that despite all the anecdotal tidbits tossed around so far about Australia or some McDs in Denmark, there is NO OECD nation that has a MW higher in parity purchasing power than Luxembourg... and as of 2014 that was $11.20 US. My suggestion we go back to the highest value the US MW has ever been... which would be $11 today, is on that high end of MWs. And since NO state has a MW higher than $10 today... that $15 is uncharted territory. And AGAIN, this is the NATIONAL MW for the least skilled worker even in depressed areas. States and cities can certainly go higher. I hardly see this as an unreasonable position. But some here are so intolerant if not rabid, they've repeatedly accused me of being a right winger.