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re: What happens in BR if min wage becomes $15/hr?

Posted on 1/15/21 at 10:51 pm to
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 1/15/21 at 10:51 pm to
quote:

Fast food restaurants will send most to part time.


Well, that's the end of the 9-to-5 fast food hustle. It's always been such a fine way to pay for a family, a Chevrolet, and a mortgage on a nice suburban split-level.

ETA: Seriously, I have no problem with a $15 minimum wage. Business groups have protested every damned new regulation from abolition to child labor laws to the Clean Water Act. When I was getting started in the workforce the ADA was going to send hamburger prices into the sky. It didn't happen then and it won't now.
This post was edited on 1/15/21 at 10:55 pm
Posted by rintintin
Life is Life
Member since Nov 2008
16196 posts
Posted on 1/15/21 at 11:06 pm to
quote:

Seriously, I have no problem with a $15 minimum wage. Business groups have protested every damned new regulation from abolition to child labor laws to the Clean Water Act. When I was getting started in the workforce the ADA was going to send hamburger prices into the sky. It didn't happen then and it won't now


So you don't see a potential problem when businesses have to double wages right after they've practically been shutdown for early a year?
Posted by beerJeep
Louisiana
Member since Nov 2016
35120 posts
Posted on 1/15/21 at 11:13 pm to
quote:

Well, that's the end of the 9-to-5 fast food hustle. It's always been such a fine way to pay for a family, a Chevrolet, and a mortgage on a nice suburban split-level.

ETA: Seriously, I have no problem with a $15 minimum wage. Business groups have protested every damned new regulation from abolition to child labor laws to the Clean Water Act. When I was getting started in the workforce the ADA was going to send hamburger prices into the sky. It didn't happen then and it won't now.


what happens to the people who make 15 an hour right now? do they get fricked over, or do they get a likewise bump in pay?

what about the people who made 25 an hour. now that the people making 15 an hour got bumped up to 25 an hour, surely they arent going to do the same job for, effectively, a massive pay cut. no they need a raise as well.

but wait. theres a group above them.

and above them

etc.

etc

etc.


so. now that EVERYONE has gotten a raise, what does that do for anyone besides increase the cost of goods and services and decreasing the amount of hours worked by hourly employees?
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