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Started By
Message
1
Posted on 5/3/21 at 11:25 am to lsu xman
quote:
$15min wage will fix everything.
$100 minimum wage is better, though.
Posted on 5/3/21 at 11:25 am to Muthsera
quote:
Small business was impacted the most as a direct result of bribery by behemoth corporations, but everyone but the few are being bitten by the labor issue.
The irony here is, at least in the restaurant industry, the locally owned restaurants haven't seemed to have as big of a problem hiring staff back. And the ones that have have made operational changes to make it work - removing table service, having employees wear two hats, the owners actually out on the floor running orders to tables, etc. It's the chains, particularly in fast food, that seem to be having problems filling positions.
Posted on 5/3/21 at 11:26 am to Bjorn Cyborg
quote:
$100 minimum wage is better, though.
Is it? There's a supply and demand curve for labor just like there is anything else.
Articfically moving the curve vertically is going to change that, what in your opinion is the correct minimum wage, if any?
Posted on 5/3/21 at 11:26 am to tigerskin
quote:
The government still paying people to stay home?
Yup, why work 40 hours a week at $10/hr when you can get $500 per week for sitting on your arse???
Posted on 5/3/21 at 11:29 am to Mingo Was His NameO
quote:
Is it? There's a supply and demand curve for labor just like there is anything else.
Articfically moving the curve vertically is going to change that, what in your opinion is the correct minimum wage, if any?
It was a joke. By liberal logic, if $15 an hour is good, why not more? Why not $20. Or $50. Or $100.
The correct minimum wage is zero.
Posted on 5/3/21 at 11:30 am to tigerskin
Welcome to Universal basic income. With that and Medicare for all, why work? Amazon will put Lowes, Home Depot, etc. Out of business, so brick and mortar stores will be history. Sit down restaurants and bars will shut down too.
Posted on 5/3/21 at 11:31 am to Bjorn Cyborg
quote:
The correct minimum wage is zero.
Is it? If moving the curve vertically doesn't shift the demand curve down and increases the supply curve, having a minimum wage is good for all workers.
Posted on 5/3/21 at 11:34 am to Bjorn Cyborg
quote:
The correct minimum wage is zero.
Sure, in an idealistic world where employers actually pay employees an amount they can actually live on. It isn't like there is no history of wage fixing in industries in this country prior to the first minimum wage law in 1938.
Posted on 5/3/21 at 11:36 am to SuperSaint
quote:
the Taco Bell down the street from me pays dishwashers starting at $20/hr
I would need to see a sign advertising the job to believe you can make $40k washing dishes at Taco Bell. Do they even use dishes?
Posted on 5/3/21 at 11:36 am to The Spleen
quote:
Sure, in an idealistic world where employers actually pay employees an amount they can actually live on.
If you have value, they do.
if the government has to write legislation that gives a person a raise, they are fricked in every aspect of life.
Very few adults earn min wage. In fact, its a minute percentage.
Posted on 5/3/21 at 11:36 am to Mingo Was His NameO
quote:
Is it? If moving the curve vertically doesn't shift the demand curve down and increases the supply curve, having a minimum wage is good for all workers.
I don't care about shifting the curve any direction. Remove constraints and let the chips fall where they may.
You are too worried about the government manipulating the market.
I own a business and my lowest paid employee makes $15, but most make way more than that, up to six figures. I wouldn't pay a floor sweeper minimum wage, because I wouldn't want that type of person in my business (unless it was a part-time student).
But this is my choice, I don't want the government telling me what to pay. Also, I employ highly-skilled workers.
I've lost zero employees during the last year, I've laid off zero and I was never closed a single day.
Posted on 5/3/21 at 11:37 am to tigerskin
quote:
Seeing a lot of restaurants are having trouble paying workers a fair wage.
fify
Posted on 5/3/21 at 11:38 am to blackinthesaddle
Whats a fair wage?
Who decides?
Who decides?
Posted on 5/3/21 at 11:40 am to blackinthesaddle
Really?? That’s laughable.
Posted on 5/3/21 at 11:43 am to Bjorn Cyborg
quote:
Remove constraints and let the chips fall where they may.
The minimum wage encourages slackers to continue to be slackers.
People will never improve themselves if the government keeps giving them raises.
Posted on 5/3/21 at 11:46 am to RogerTheShrubber
quote:
If you have value, they do.
Okay, and when employers collude to fix wages at a lower rate, are those employees being paid their true value? Although it's a work of fiction, the picture Steinbeck painted of agricultural wage fixing in The Grapes Of Wrath was steeped in reality.
Posted on 5/3/21 at 11:47 am to Oilfieldbiology
quote:
The compensation of CEO’s is out of line with what it used to be/should be, but that’s what the market for CEO’s is demanding. The market isn’t demanding minimum wage/low skill workers, the government is. That’s the issue.
The government is a competitor in the market for your employees. They are paying a certain amount. That's the market. Compete or not, your choice, exactly like the 'market' for CEOs.
Posted on 5/3/21 at 11:48 am to The Spleen
quote:
collude to fix wages at a lower rate,
The only "collusion" to drop wages is legalizing millions of uneducated people from South of the border.
You succeed by increasing your value. You don't succeed by the gubmint raising your pay.
Posted on 5/3/21 at 11:49 am to The Spleen
Al
LEave it to a prog to get his modern economic views from a socialist who wrote fiction 100 years ago.
quote:
though it's a work of fiction, the picture Steinbeck painted of agricultural wage fixing in The Grapes Of Wrath was steeped in reality.
LEave it to a prog to get his modern economic views from a socialist who wrote fiction 100 years ago.
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