American Thinker: The University of Virginia (UVA), formally the hallowed intellectual child of Thomas Jefferson and now one of the leading cultural Marxist institutions in America, recently announced that it will begin paying its full-time benefits–eligible staff $15/hour, starting on January 1, 2020. The decision is expected to affect about 1,400 employees.
New university president Jim Ryan, sworn in on October 22, 2018, also announced that he is working on plans to pay contract employees the same $15/hour wage. Apparently, this will be a raise from the current rate of$11.76/hour.
Every time you hear an announcement that some business or institution is raising wages to $15/hour, you absolutely can be certain of two things: 1) the money has to come from somewhere, and 2) next week, next month, or next year, it won’t be enough, and the aggrieved parties will be back, asking for more.
Well, as Gomer Pyle use to say, “surprise, surprise, surprise!” It took not even a week. In the same news release reporting the new $15/hour wage, a student group promoting higher wages is quoted as saying it’s not enough.
Campaign for A Living Wage, a student group, says it is happy about the increase in wages, but says $15 is no longer enough. The group hopes to see all employees paid at least $16.84 per hour, which it says is the living wage for the Charlottesville area.
Why are we not surprised? more
Raising the minimum wage to a “living wage” for full time workers almost guarantees that there will be fewer full time workers eligible to receive it and that the cost of living will also go up enough to make that “living wage” no longer enough to live on.
I have stated it before and I will reiterate, the minimum wage is 0.
“Speaking the truth in times of universal deceit is a revolutionary act.” Geo. Orwell
The maths is pretty simple.
$15 (new) – $11.76 (old) = $3.24 per hour moar.
$3.24/11.76 = 27.5%
Options:
A) Lay off 27.5% of all min wage employees across the board
B) Reduce hours worked by 27.5% of all min wage across the board
C) Increase workload of min wage employees by 27.5%. If they don’t do the work, can ’em.
Any which way you slice it, this harms min wage workers.
Additionally, since wage drives inflation, the 27.5% cut/reduction/productivity options will dilute that $3.24 making the real increase something less than $3.24 in terms of purchasing power.
But maths is hard for most. Good luck with that.
No problem. They’ll just ask for more saudi money.
At the rate they want to be paid their first job out of college is going to end up paying less than what they are able to extort from the university.
“New university president Jim Ryan, sworn in on October 22, 2018, also announced that he is …”
Willing to work for that “living wage” of $15/hr?
And all those “perfessers?”
Pay them ALL $15/hr! It’s only FAIR!
(isn’t that the essence of socialism? which they’re trying to shove on us?)
No? Hmm … there’s a smell of hypocrisy in the air!
izlamo delenda est …
It ain’t free unless everyone involved charges absolutely nothing.
…in doubtlessly unrelated news, the university will announce reductions in staffing levels and an increase in part-time employees and interns a month later…
I have to idly wonder what the terminal velocity of these plummeting institutions will turn out to be. More than the 120 mph velocity of free falling human bodies I bet…
…aaand, the University then hits up the State and Federal government for more money due to unexpected expenses, and raises tuition on their remaining White citizen students for the same reason…
This can’t be a surprise coming from UVA. Marie Harf is UVA graduate, the university (indoctrinated) taught her how to think clearly about stuff. An ability she used to determine ISIS would go away, stop hating us, and wanting to kill us and a lot of other people – if the USA focused on creating jobs for hate filled muslim jihadists.
Let them pay it out of their endowement or student fees. Leave the taxpayer out of their generosity
Simple to accomplish! Just cut the administrators making more than $500,000 dollars a year to less than $100,000 per year and there will be plenty of money available! If there are then additional needs cut the teaching staff making more than $200,000 per year (for doing almost nothing) to $50,000 per year or less, and the University will be swimming in cash! Next, start on the coaching staff and every citizen could get a $1,000 per year guaranteed handout!
Millions of people in this world live in a tarpaper shack on a diet of rice and beans with an income of about 15 dollars a week. It isn’t luxurious but they’re alive. Perhaps the UVA measure should be called “the high on the hog living wage.”
Why not $127.00 per hour? Why are they limiting it to $15.00?
Why are these dumb-ass libtards only demanding $15?