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Message
re: Raising minimum wage
Posted on 10/23/20 at 5:17 am to Scoob
Posted on 10/23/20 at 5:17 am to Scoob
quote:
This is why raising minimal wage doesn't work. You need a tiered system, somewhere to move up into. If you raise that but don't bump the rest, you frick everyone else over. If you do raise everything, then it's devalued and cost of living rises.
Just wait until oil field workers see if this happens. This will have a reverberating effect on many industries.
Minimum wage at $15 an hour? Remember what those minimum wage jobs entail. Getting in the door at Halliburton and many oil field jobs start at $14.50 industry wide.
0
Posted on 10/23/20 at 5:25 am to ksayetiger
So let’s say I employ 10 people at $10/hour.
Raise the minimum wage to $15/hour, and I’ll need to lay-off 4 people.
Just raising wages doesn’t magically increase the value of the job. The people making $15 will be the cream of the crop, and expected to do more.
Those 4 that were let go will have a hard time marketing their lack of skills, and will go on welfare.
Raise the minimum wage to $15/hour, and I’ll need to lay-off 4 people.
Just raising wages doesn’t magically increase the value of the job. The people making $15 will be the cream of the crop, and expected to do more.
Those 4 that were let go will have a hard time marketing their lack of skills, and will go on welfare.
Posted on 10/23/20 at 6:22 am to TigerCrude
$15 per hour = more robots and more automation = many less jobs
Posted on 10/23/20 at 6:25 am to TigerCrude
Just what the 15 year olds need. They’ll be able to buy juul pods for days with that kind of
cash.
cash.
Posted on 10/23/20 at 6:27 am to TigerCrude
Why do we even have a minimum wage at all?
Posted on 10/23/20 at 6:35 am to TigerCrude
$15 minimum wage is on the ballet in Florida in this election. It will easily pass. It’s a massive mistake and it will costs incredible numbers of entry level jobs and cause prices to rise in everything. It’s a very bad idea but, here we are.
We’re becoming California. Whenever the progressives want something, they just advance a state constitutional amendment and it usually passes.
We have one that required high speed rail between five population centers and it doesn’t even specify which population centers or how it’s funded. It passed.
We’re becoming California. Whenever the progressives want something, they just advance a state constitutional amendment and it usually passes.
We have one that required high speed rail between five population centers and it doesn’t even specify which population centers or how it’s funded. It passed.
Posted on 10/23/20 at 6:57 am to TigerCrude
Joe is pandering to the unions here.
Most collectively bargained union contracts tie their pay scale to the minimum wage. If it goes up, they get an automatic raise as well.
The only problem is, the unions aren't lining up to back Joe because Trump has done much to bring jobs back to the USA.
Most collectively bargained union contracts tie their pay scale to the minimum wage. If it goes up, they get an automatic raise as well.
The only problem is, the unions aren't lining up to back Joe because Trump has done much to bring jobs back to the USA.
Posted on 10/23/20 at 7:01 am to LSUwag
I've got a novel idea, leave minimum wage as it is. If someone wants to make more money they need to develop better skills through a technical school or community college.
Hvac, electrician, plumber, mechanic, welder, pipe fitter, lpn, secretary, medical transcript, and many others don't require a college degree but pay more than the $15, often more than double that.
Make yourself marketable if you want more money.
Hvac, electrician, plumber, mechanic, welder, pipe fitter, lpn, secretary, medical transcript, and many others don't require a college degree but pay more than the $15, often more than double that.
Make yourself marketable if you want more money.
Posted on 10/23/20 at 7:02 am to Y.A. Tittle
quote:
Where are there people doing work for less that $15/hour, who are clearly worth that (or more), but just being cheated by idiot bosses who want to lose their good employees and go out of business?
FIFY
Posted on 10/23/20 at 7:03 am to Eat Your Crow
quote:
Like Trump said, leave it up to the states.
In a Republic, imagine that.
Posted on 10/23/20 at 7:18 am to lsutiger2010
quote:
It's amazing how many politicians don't understand simple economics.
No it's not. Politicians are idiots.
Posted on 10/23/20 at 7:21 am to Eat Your Crow
quote:Yep. And they call him a dictator.
Like Trump said, leave it up to the states.
Posted on 10/23/20 at 7:21 am to clhawkins19
quote:
Here’s my two cents on this: I think minimum wage should go up.
It shouldn’t. It’s almost impossible to find a minimum wage job. The custard shop around the corner is hiring teens at $10/hr. Target is starting people at $15.
If you can tie your shoes and show up for work, you’re making more than minimum wage.
Posted on 10/23/20 at 7:47 am to TigerCrude
No doubt consumers will be paying more for everything on top of gas at the pump. Add elimination of jobs in the oil & health insurance industries most likely will result in an economic turmoil the likes of which most of us have not experienced in our lifetime.
Posted on 10/23/20 at 7:54 am to Hat Tricks
Minimum wage should be zero. Government has no business saying what a contract between a business and individual is.
Posted on 10/23/20 at 7:59 am to TigerCrude
I said it in another thread. Every restaurant in Louisiana would be closed in a month if nothing else happened other than raising minimum wage.
People who own like a McDonald's franchise would be living out of a card board box if they had a $ menu.
Consumers don't like when your prices raise, hey when did yall raise your prices? We didn't, the sales tax went up.
People who own like a McDonald's franchise would be living out of a card board box if they had a $ menu.
Consumers don't like when your prices raise, hey when did yall raise your prices? We didn't, the sales tax went up.
This post was edited on 10/23/20 at 8:02 am
Posted on 10/23/20 at 8:01 am to clhawkins19
quote:
Here’s my two cents on this: I think minimum wage should go up.
Minimum wage should be abolished.
The govt has zero reason to be in the middle of a contract between two willing individuals.
Posted on 10/23/20 at 8:58 am to Langland
Fed can can lower rates to help ease inflation, which they have. I think we have inflation because our economy began to boom quickly and suppliers raised prices. Now, all the bailouts lower the value of the dollar... more inflation.
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