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Message
1
Posted on 10/25/20 at 1:45 pm to rashman
I can answer your question with a simple and easily discernable reply that even an overly analytical 'scared of the private sector' economics professor can discern.
Entry-level staff is not worth $15.00 an hour. You don't bring anything to the table. No experience, no skills, no developed worth ethic.
We all had to start somewhere and when I started I had two jobs to make ends-meat.
It didn't kill me and neither will it you!
Entry-level staff is not worth $15.00 an hour. You don't bring anything to the table. No experience, no skills, no developed worth ethic.
We all had to start somewhere and when I started I had two jobs to make ends-meat.
It didn't kill me and neither will it you!
Posted on 10/25/20 at 1:46 pm to Aristo
(no message)
This post was edited on 10/25/20 at 6:28 pm
Posted on 10/25/20 at 1:47 pm to rashman
I'm living the $15 minimum wage life here in WA and it fricking sucks. Luckily I'm close enough to ID to go there for certain good and services, but as a whole everything is more expensive here.
I went from averaging $40-$60 for a family of four to go out to eat at a regular restaurant to it now averaging $75-$100 for similar service.
Gas is .30 cents more expensive per gallon, car washes cost more... pretty much everything costs more than it does 20 miles down the road.
I went from averaging $40-$60 for a family of four to go out to eat at a regular restaurant to it now averaging $75-$100 for similar service.
Gas is .30 cents more expensive per gallon, car washes cost more... pretty much everything costs more than it does 20 miles down the road.
Posted on 10/25/20 at 1:48 pm to chryso
quote:
if minimum wage goes up then prices go up to pay for it. If prices go up then the people making minimum wage spend more of their money on these goods. It is a circle.
Wages go up forcing prices to go up. When the prices go up the businesses get fewer customers. It is a circle -- a vicious circle instigated by fools without a clue as to how businesses actually work.
Posted on 10/25/20 at 1:49 pm to cahoots
quote:
Uh yeah. If they make too much to qualify. So now McDonald’s has to pay them instead of taxpayers. Of course the cost is passed to consumers potentially but isn’t that better than taxpayers?
From my experience, they will work fewer hours to stay welfare benefits compliant. Then we just raised the cost of goods to everyone. Which could even raise the cost of welfare such as the amount of food stamps allowed per month.
Posted on 10/25/20 at 1:50 pm to cahoots
quote:First limiting your example labor costs to “McDonalds” is silly, unless you believe they are the only minimum wage. employer.
If the price of a Big Mac goes up, so what? Is that some huge societal loss?
Second, it’s the worst one in history to put a floor on labor. There has never been a time when labor is so easily replaced. There has never been a time when the value of labor has undergone this much deflationary pressure.
Third, if increasing labor input prices has no negative societal effect, why not make the e mini wage $150/hr?
This post was edited on 10/25/20 at 1:57 pm
Posted on 10/25/20 at 1:50 pm to cubsfan5150
quote:If you wanna feel good about Washington...go to California.
I'm living the $15 minimum wage life here in WA and it fricking sucks. Luckily I'm close enough to ID to go there for certain good and services, but as a whole everything is more expensive here.
I went from averaging $40-$60 for a family of four to go out to eat at a regular restaurant to it now averaging $75-$100 for similar service.
Gas is .30 cents more expensive per gallon, car washes cost more... pretty much everything costs more than it does 20 miles down the road.
Posted on 10/25/20 at 1:50 pm to cahoots
quote:
Uh yeah. If they make too much to qualify. So now McDonald’s has to pay them instead of taxpayers.
That’s not how government works and you know it.
McDonalds either decreases its work force thus increasing the number of people on welfare or the government simply raises the standard for welfare as soon as inflation is noticeably felt.
Posted on 10/25/20 at 1:51 pm to rashman
quote:
And frankly, if you can’t afford to pay a living wage, you probably shouldn’t be in business.
If you need a living wage, quite frankly, you shouldn't be working a minimum wage job.
Posted on 10/25/20 at 1:52 pm to cahoots
quote:
Fast food costs more in other parts of the world and people eat less of it. Coincidence?
I mean... the answer is right there. Posted on 10/25/20 at 1:52 pm to cahoots
quote:
McDonald’s workers are subsidized by taxpayers.
Nope. instead million of employees that aren’t economically worth $15/hr are subsidized by minimum wages. This post was edited on 10/25/20 at 1:54 pm
Posted on 10/25/20 at 1:54 pm to rashman
quote:
And frankly, if you can’t afford to pay a living wage, you probably shouldn’t be in business.
Define a living wage. And give me examples of a business in America that doesn’t pay them.
I’d define it as the ability to have a roof over your head and food on the table. You want more than that? Work for it.
Some I know who’s define a living minimum wage to be one which affords you:
Every streaming service available
A new phone every 2 years with unlimited data
A family of 4-6
A new car every 3 years
A retirement plan
A fully furnished and updated house
Extra spending money for trips and dining out
Private school
Daycare for unlimited children
Etc....
This post was edited on 10/25/20 at 1:55 pm
Posted on 10/25/20 at 1:56 pm to BarberitosDawg
quote:The assertion seems to be if you pay people more they become more economically viable and valuable. It’s the equivalent of claiming wet streets cause rain. Because... have you ever seen a dry street during a rainstorm?
Entry-level staff is not worth $15.00 an hour.
Posted on 10/25/20 at 2:00 pm to Taxing Authority
(no message)
This post was edited on 10/25/20 at 6:27 pm
Posted on 10/25/20 at 2:01 pm to Taxing Authority
quote:Amen!
Second, it’s the worst one in history to put a floor on labor. There has never been a time when labor is so easily replaced. There has never been a time when the value of labor has undergone had this much deflationary pressure.
Technology is putting unskilled, and even many semi-skilled jobs in the wind, and when you add the governmental costs/taxes paid for employees, it doesn't generally make sense to hire a person for what a machine can do........and we haven't even started to talk about depreciation (tax SAVING!) and low cost of maintenance of machines!
Posted on 10/25/20 at 2:03 pm to coachcrisp
I think the Germans made a robot to replace most of the workers at a burger fast food place. Go ahead and do $15 minimum wage, progs. Eliminate jobs for HS kids. That’s brilliant.
Posted on 10/25/20 at 2:04 pm to rashman
quote:If you do not have the education, training, skills and/or intelligence to earn more than minimum wage, you probably should not be reproducing.
if you can’t afford to pay a living wage, you probably shouldn’t be in business.
This post was edited on 10/25/20 at 2:07 pm
Posted on 10/25/20 at 2:05 pm to rashman
some businesses will close. The others will raise their prices. Inflation will make us talk about a $20 minimum wage in 10 years or so. The real solution is becoming a skilled worker
Posted on 10/25/20 at 2:20 pm to cahoots
quote:
The alternative is that they get paid by taxpayers too. You can’t live on 8 bucks an hour in much of this country.
You keep on saying that welfare and food stamps allow McDonald’s et al to “get away” with paying reduced wages, but there is no evidence of that and economic theory suggests the OPPOSITE is true.
Welfare raises the reservation wage of a worker. That is, the more welfare there is, the more willing someone will be to not work, and the higher you will need to pay them to entice them to work
In competitive market economies, firms cannot pay less to the worker than what he produces, because another firm will bid away that worker
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