General Discussion
In reply to the discussion: Can someone answer my question about the minimum-wage hike? [View all]eniwetok
(1,629 posts)In the meantime I've demonstrated, using official OECD numbers, that regardless of whatever your per capita GDP is... at least in those OECD nations, the HIGHEST minimum wage when standardized to US dollars and parity purchasing power... is $11.20 US (2014). My suggestion has been the US MW... that is for the LEAST skilled worker regardless if they are in a depressed rural area... go back to the highest it ever was... which today would be $11 and let cities and states go higher if they want. And that justified all those who have accused or implied I must be a Heritage shill, right? Of course, they can now safely live in their IGNORE bubble safe from ever having their false accusations rebutted.
Here are those numbers again since they obviously have not registered the first ten time I've posted them.
From https://stats.oecd.org/Index.aspx?DataSetCode=MIN2AVE
USD 2014 Purchasing power parity (PPP) in 2014 dollars... hourly MW
United States $7.2
Canada $8.2
United Kingdom $8.2
Ireland $8.7
New Zealand $9.1
Netherlands $9.6
Belgium $10
Australia $10.9
France $10.9
Luxembourg $11.2
Some here have used a very high Australian MW but that's based on the exchange rate.. which would have been $15.2 in 2014 in terms of the exchange rate purchasing power within Australia. PPP exchange rates help to minimize misleading international comparisons that can arise with the use of market exchange rates