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

Posted on 1/15/21 at 11:54 pm to
Posted by beerJeep
Louisiana
Member since Nov 2016
35116 posts
Posted on 1/15/21 at 11:54 pm to
quote:

WTF do you think will actually happen to you if the minimum wage goes up?


Well, my families company will lay off dozens of employees.

Sucks for their families, not so much mine. And the fact that you are so caught up on fast food truly shows how stupid you are. EVERYTHING YOU BUY WILL INCREASE IN PRICE.
This post was edited on 1/15/21 at 11:56 pm
Posted by USMEagles
Member since Jan 2018
11811 posts
Posted on 1/16/21 at 12:03 am to
quote:

Well, my families company will lay off dozens of employees.


I know you can't post your business here, but I wonder how bad this really is. You said your family would be OK, but you think the people who get fired won't. I guess the assumption here is that you'll fire them and no one will ever hire them in our new $15 / hour world.

I'm not so sure about that. My whole point is that businesses in a (mostly) free market adjust to those little parts of it that we have to make less-than-free. I feel like I've seen that several times. I posted examples.

quote:

EVERYTHING YOU BUY WILL INCREASE IN PRICE.


The only time in my lifetime that this wasn't true was a 6-month period in 2007-2008. It scared the crap out of everyone, and we freaked out and replaced a Bush with a man who was educated in a madrasa.
This post was edited on 1/16/21 at 12:05 am
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