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re: California’s $20 fast food minimum wage balloons menu prices
Posted on 4/3/24 at 7:40 pm to ThatMakesSense
Posted on 4/3/24 at 7:40 pm to ThatMakesSense
quote:
Hell yeah. Down with 20$/hr wages. Stupid fry cooks.
Leftists always have everything upside-down and backwards. They view this as a "what the employee wants/needs" issue and not a "what value the employee's labor brings to the company" issue.
They don't understand the value of the dollar or basic economic principles.
This post was edited on 4/3/24 at 7:42 pm
2
Posted on 4/3/24 at 7:43 pm to Smeg
quote:
Leftists always have everything upside-down and backwards. They view this as a "what the employee wants/needs" issue and not a "what value the employee's labor brings to the company" issue. They don't understand the value of the dollar or basic economic principles.
Sounds like you’re a bit of a company man. Good for you.
Posted on 4/3/24 at 7:47 pm to ThatMakesSense
Why should someone with no discernible skills and no experience get paid $20/hr? B Ed aide you feel like it? Because it gives you the warm and fuzzies? Minimum wage is for entry level workers, not something a single bread winner of a family should be living on.
Posted on 4/3/24 at 7:50 pm to ThatMakesSense
quote:
Sounds like you’re a bit of a company man. Good for you.
In a story beloved by economists it’s said that Milton Friedman was once visiting China when he was shocked to see that, instead of modern tractors and earth movers, thousands of workers were toiling away building a canal with shovels. He asked his host, a government bureaucrat, why more machines weren’t being used. The bureaucrat replied, “You don’t understand. This is a jobs program.” To which Milton responded, “Oh, I thought you were trying to build a canal. If it’s jobs you want, you should give these workers spoons, not shovels!”
That's a free lesson for today.
Posted on 4/3/24 at 7:52 pm to Smeg
I got a medium Strawberry/banana smoothie at Smoothie King after working out yesterday. Damn thing was over $9.00! I didn't add anything to it either. Guess I'm going to have to quit working out!
Posted on 4/3/24 at 7:52 pm to Oilfieldbiology
Why is price fixing of goods such bad thing that it is prosecuted for collusion but it is fine to fix hourly wages?
This is just price fixing of the labor input.
This is just price fixing of the labor input.
Posted on 4/3/24 at 7:54 pm to Bullfrog
quote:
Why is price fixing of goods such bad thing that it is prosecuted for collusion but it is fine to fix hourly wages?
Because one is private business and one is government.
Posted on 4/3/24 at 7:55 pm to Smeg
quote:
That's a free lesson for today.
Brother, thank you. God Bless China.
Posted on 4/3/24 at 7:57 pm to ThatMakesSense
quote:
ThatMakesSense
Exhibit A for why we need to make voting as difficult as possible
Posted on 4/3/24 at 7:58 pm to AlterDWI
quote:
Exhibit A for why we need to make voting as difficult as possible
I upvoted this. You’re my hero.
Posted on 4/3/24 at 8:00 pm to AlterDWI
quote:
Exhibit A for why we need to make voting as difficult as possible
He is why the founding fathers only wanted land owners to be able to vote.
Posted on 4/3/24 at 8:04 pm to ThatMakesSense
quote:
Hell yeah. Down with 20$/hr wages. Stupid fry cooks.
How is unemployment helping a fry cook?
Posted on 4/3/24 at 8:07 pm to RogerTheShrubber
quote:
How is unemployment helping a fry cook?
I believe rate of pay correlates to unemployment.
Posted on 4/3/24 at 8:08 pm to Smeg
quote:
He is why the founding fathers only wanted land owners to be able to vote.
That’s a bit racist eh?
Posted on 4/3/24 at 8:12 pm to ThatMakesSense
quote:
That’s a bit racist eh?
What race are you?
Posted on 4/3/24 at 8:14 pm to Smeg
quote:
What race are you?
I prefer not to say. I find it interesting that you went from mid 20th century economic quips to the founding fathers of the USA. I’d have a beer with ya.
Posted on 4/3/24 at 8:18 pm to ThatMakesSense
quote:
I believe rate of pay correlates to unemployment.
It correlates to increased unemployment. Sure doesnt help the ones who lose jobs over this.
Posted on 4/3/24 at 8:25 pm to ThatMakesSense
quote:
. I’d have a beer with ya.
I doubt he drinks Schmitt's Gay.
Posted on 4/3/24 at 8:26 pm to RogerTheShrubber
quote:
It correlates to increased unemployment. Sure doesnt help the ones who lose jobs over this.
Yeah, nah. You get a better quality worker at a higher wage…no matter the position.
The ones losing their job should learn from this.
Posted on 4/3/24 at 8:42 pm to ThatMakesSense
quote:
You get a better quality worker at a higher wage…no matter the position.
Any evidence to support this assertion? Surely you can link to studies that consistently show these workers became "better quality" upon receiving a higher hourly wage.
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