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Comment I think he needs to read the dictionary (Score 3, Insightful) 670

moral (môrl, mr-) adj. Of or concerned with the judgment of the goodness or badness of human action and character: moral scrutiny; a moral quandary. adj. Teaching or exhibiting goodness or correctness of character and behavior: a moral lesson. adj. Conforming to standards of what is right or just in behavior; virtuous: a moral life.

Comment Re:Not listening! (Score 0) 168

>"While there is a microSD card slot for expandable storage, there is no headphone jack, no waterproofing, and no wireless charging.

Companies still are not listening. It seems many of us want:

1) Larger batteries/ removable batteries 2) Larger storage 3) Wireless charging 4) Headphone jack 5) Stock/plain Android (or as close as possible) 6) Water and drop resistance (reliability/robustness) 7) Works on all carriers and unlocked

It sounds like this company got a few things right (large battery and SD slot) but still focus on more useless resolution and more RAM than probably ever needed. Many people also are looking for SMALLER SCREENS (5") but without sacrificing specs (they want a small phone, not an under-powered/under-featured phone).

S8 active.

Comment Re: Typical... (Score 1) 511

Furthermore, when minimum wage first began under FDR, it was 25 cents an hour. Adjusted for inflation, that is $4.25 an hour today.

Well, that really depends on what things you factor in when adjusting for inflation. I would argue that the primary metric when setting minimum wage should be based on the cost of getting an education to allow someone to move beyond a minimum wage job. In 1938, tuition at Harvard was $420 per year. Using that as a metric, minimum wage should be $25.76 per hour today, or about $54,000 a year.

Other possible metrics range from significantly less than minimum wage to significantly more:

  • Median house price: $12.10
  • Average movie ticket price: $8.73
  • Average cost of fuel: $7.50
  • Price of eggs: $4.08

That first one is pretty important, because both that and the cost of education are solid indicators of whether someone can possibly make enough money to make a crucial leap in personal financial development—from minimum wage to better wage, from renting to home ownership. When low-end wages fail to keep up with inflation in those areas, even though the day-to-day survival items remain affordable, it means that the people at the bottom are more likely to be kept permanently at the bottom with no opportunity for advancement, effectively growing the divide between rich and poor and eroding the middle class. This, in turn, leads to much more serious societal problems.

And there's also another critical number that this ignores: 15. That's the improvement in years of life expectancy since 1938. In 1938, on average, people lived only about 63 years, which means most people never reached what we would consider retirement age. Now, they live for more than a decade after retirement, on average, and those years are significantly more expensive in terms of average healthcare costs.

I can't find average healthcare cost statistics for the 1930s, but if we compare against 1958, the cost has roughly quadrupled after adjusting for inflation. So if we used the cost of healthcare in 1938 as the metric for computing inflation, I could easily see thirty or forty bucks an hour as a reasonable minimum wage.

Really, minimum wage is way too low. Way, way too low. And if that means that there are jobs that aren't worth what businesses have to pay, they will have to adapt—either by finding more efficient ways to use personnel or by adding automation to replace personnel with machines. And the result will be that certain categories of jobs will cease to exist. And it will ultimately be the government's responsibility to find a way to subsidize the cost of their education so that they can be qualified for jobs that pay more. But that's really the only realistic future. We simply cannot continue to live in a society where a sizable percentage of workers can never realistically afford to go to college.

So if you raise the minimum wage, how do you propose to offset those that were making more than minimum wage (technical skill, skilled labor, managers etc...) I know several places where people with a 2 year degree start out at 15 an hour. I know managers that make between 15-20 an hour, and I know that skilled labor jobs (welder, electrician, etc...) makes around the same as managers. Does this then require we bump their wages to offset their skill over the unskilled minimum wage worker? After this we are pushing into teachers wages. Should we increase theirs and therefore the cost of education?

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