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Started By
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re: California’s $20 fast food minimum wage balloons menu prices
Posted on 4/3/24 at 3:27 pm to AlterDWI
Posted on 4/3/24 at 3:27 pm to AlterDWI
quote:Of course.quote:Is that a serious question?
Why shouldn't that cost, the cost of the employee surviving to work another day, be borne by the employer
Do you prefer taxpayers subsidize the true cost of business?
5
Posted on 4/3/24 at 3:28 pm to Smeg
This ends with people not eating out anymore.
I have some coworkers that eat out every meal. I don’t know how people are affording to waste all their income on shitty fast food and overpriced take out.
I have some coworkers that eat out every meal. I don’t know how people are affording to waste all their income on shitty fast food and overpriced take out.
Posted on 4/3/24 at 3:29 pm to Korkstand
quote:
Do you prefer taxpayers subsidize the true cost of business?
Tax payer subsidize all kinds of things. At least subsidizing business provides jobs.
Posted on 4/3/24 at 3:29 pm to Korkstand
Lol the same jerk offs that set the social safety net to incentivize this stupidity will fix it!
Posted on 4/3/24 at 3:30 pm to Korkstand
quote:
Do you prefer taxpayers subsidize the true cost of business?
No, I prefer business owners setting wages in the labor market instead of politicians.
Posted on 4/3/24 at 3:32 pm to LNCHBOX
quote:Expenses are not "passed on" to the consumer 1:1. Prices are set to maximize profits. If the market will not bear a price increase of the full cost increase, which is typically how things work out, then the people who got raises come out ahead.
Because it will just be passed on to the consumer regardless. You liberals live in a fantasy land where businesses won't pass on costs to teh consumer.
quote:If your taxes do not go down, there should at least be more funds available for projects that you benefit from.
My taxes will not go down if these loser workers get paid more, and I will have to pay more on top of it.
Posted on 4/3/24 at 3:33 pm to Korkstand
What on earth are you talking about?
I am aware of zero economic literature/theory that posits the idea that welfare programs reduce employee wages.
In fact, standard labor economic theory assumes that welfare programs actually increase wages, because they increase the “reservation wage” of workers.
I am aware of zero economic literature/theory that posits the idea that welfare programs reduce employee wages.
In fact, standard labor economic theory assumes that welfare programs actually increase wages, because they increase the “reservation wage” of workers.
Posted on 4/3/24 at 3:33 pm to Korkstand
How as a franchise owner with a 6 Percent profit margin survive?
This post was edited on 4/3/24 at 3:35 pm
Posted on 4/3/24 at 3:37 pm to Korkstand
quote:
Expenses are not "passed on" to the consumer
Actual Business Owner here- Yes they are.
Posted on 4/3/24 at 3:38 pm to HailHailtoMichigan!
quote:Or, now bear with me, if we don't all agree, how about voluntarily paying via increased fast food (or whatever low-skill industry) prices?
If society agrees that a full time worker deserves some sort of bare minimum standard of living, then society should collectively pay for that via welfare, EITC, universal basic income, etc.
quote:I do not think that employers should be mandated to pay more than the value provided. I think that if a business cannot survive while paying a human being enough to survive, that if the market does not place a high enough value on the tasks performed, then it's not a viable business model. Not all of them are.
Why do you think employers should be mandated to pay more than the what the employee produces?
Posted on 4/3/24 at 3:38 pm to JetsetNuggs
quote:
call you a heartless poor hater
Posted on 4/3/24 at 3:38 pm to More beer please
quote:Such things are generally not included in cost of living calcs.
Because its completely arbitrary and not quantifiable. If Karen chooses to blow her money on accessories and vodka thats on her.
Posted on 4/3/24 at 3:39 pm to Korkstand
quote:
Expenses are not "passed on" to the consumer 1:1
Posted on 4/3/24 at 3:39 pm to More beer please
I mean good lord, korkstand is admitting he slept through high school economic class during “tax incidence” lecture
Posted on 4/3/24 at 3:40 pm to Korkstand
quote:
I think that if a business cannot survive while paying a human being enough to survive
Hey dawgfan, what exactly is that?
Posted on 4/3/24 at 3:40 pm to AlterDWI
quote:That's fine and dandy in a perfect world, but we don't live there.
No, I prefer business owners setting wages in the labor market instead of politicians.
Posted on 4/3/24 at 3:42 pm to More beer please
quote:How about quoting the full quote with qualifiers instead of being dishonest?quote:Actual Business Owner here- Yes they are.
Expenses are not "passed on" to the consumer
quote:
Expenses are not "passed on" to the consumer 1:1. Prices are set to maximize profits.
Posted on 4/3/24 at 3:43 pm to Korkstand
Korkstand, if you believe that the welfare state allows businesses to lower the pay of workers, why not abolish welfare? If your theory is correct, then we would see wages rise.
Why aren’t you advocating that?
Why aren’t you advocating that?
Posted on 4/3/24 at 3:44 pm to Smeg
quote:
costs are already being passed on to consumers.
Posted on 4/3/24 at 3:44 pm to Korkstand
quote:
Expenses are not "passed on" to the consumer
Actual Business Owner here- Yes they are.
How about quoting the full quote with qualifiers instead of being dishonest?
Oh my bad
quote:
Expenses are not "passed on" to the consumer 1:1. Prices are set to maximize profits.
Actual Business Owner here- Yes they still are
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