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A Minimum wage meme being shared all over my FB. A lot of my friends in AL think like this
Posted on 1/18/21 at 12:04 pm
Posted on 1/18/21 at 12:04 pm
We’re screwed. They can’t understand the idea of not having 15/hr skills= losing your job. They think it’s all about keeping them down. And somehow they think they won’t lose their jobs while living in one of the poorest regions in the nation with a California minimum wage. It’s all doomed.
STA: I believe these memes are in direct response to a post I made saying that either low-skill workers in South AL will be cut, or the businesses will just go under. Somehow this was taken to mean I was just angry at those making less, when, in reality, I’m a college student with no real income right now.
This post was edited on 1/18/21 at 12:08 pm
12
Posted on 1/18/21 at 12:08 pm to _Hurricane_
Just reply ... "why not $1K/hour? Actually let's make it an even $10K/hour. We'll all be as rich as Jeff Bezos by 2022."
You'll get the likes you crave (except for the folks with a functional brain).
You'll get the likes you crave (except for the folks with a functional brain).
Posted on 1/18/21 at 12:09 pm to _Hurricane_
quote:
A lot of my friends in AL think like this
Get a better class of friends
Posted on 1/18/21 at 12:10 pm to AmishSamurai
There are some that think like this. It’s like they want their shite shoved in by automation as quick as they can. And those businesses that can’t afford to automate will just fold or cut hours.
Posted on 1/18/21 at 12:11 pm to _Hurricane_
Posted on 1/18/21 at 12:11 pm to AmishSamurai
or how about the guy making 17 bucks an hour. How does he feel that he busted his arse to get his pay increased, now the new kid who knows absolutely nothing will be hired at almost the same pay.
15$ an hour minimum wage wont work nationally and will bankrupt thousands of companies. Then again that may be the plan afterall
15$ an hour minimum wage wont work nationally and will bankrupt thousands of companies. Then again that may be the plan afterall
Posted on 1/18/21 at 12:14 pm to _Hurricane_
If freaking California and Seattle went down the tubes with a minimum wage that high, the rural southeast is fricked.
Posted on 1/18/21 at 12:16 pm to _Hurricane_
If they do get the minimum wage to $15/hour nationally ...
Run your credit cards and loan access to the max on durable goods/commodities and pay the minimum amount.
In 2-5 years, your debt will be fractional compared to the inflationary wage and goods pressures that will be asserted by these ignorant economic policies.
The more you know ...
Run your credit cards and loan access to the max on durable goods/commodities and pay the minimum amount.
In 2-5 years, your debt will be fractional compared to the inflationary wage and goods pressures that will be asserted by these ignorant economic policies.
The more you know ...
Posted on 1/18/21 at 12:22 pm to _Hurricane_
Why are you still on FaceBook?
Posted on 1/18/21 at 12:25 pm to _Hurricane_
quote:bull shite. There is a whole lot of work that automation is a long way from being able to do. If automation could do it, it already would and $15 an hour isn't going to the difference maker
There are some that think like this. It’s like they want their shite shoved in by automation as quick as they can. And those businesses that can’t afford to automate will just fold or cut hours.
Posted on 1/18/21 at 12:31 pm to _Hurricane_
It hurts those who are in the 15 to 20 range because everything is going to go up.
Those making minimum wage will still be where they were. Because everything will go up.
Let's take day care for example. When their pay is doubled, they centers have to charge more or go out of business.
So this moving up to 15 will have the same struggles.
On the other hand, those that were already there at 15 to 20 will now experience a massive change in expenses with no wage gain
Those making minimum wage will still be where they were. Because everything will go up.
Let's take day care for example. When their pay is doubled, they centers have to charge more or go out of business.
So this moving up to 15 will have the same struggles.
On the other hand, those that were already there at 15 to 20 will now experience a massive change in expenses with no wage gain
Posted on 1/18/21 at 12:32 pm to boxcar willie
Or maybe the cost of automation for a lot of jobs is about to be under what paying 15/hr is comparatively. We already see the start of it in the service industry. One day Taco Bell is just going to be machines and an overqualified guy with some mechanics skill who checks the food out.
Posted on 1/18/21 at 12:32 pm to boxcar willie
quote:
If automation could do it, it already would and $15 an hour isn't going to the difference maker
It can. The issue is that these companies can remain profitable the way things currently are. The argument is that the MW hike to 15 an hour will drive them to automate as much as possible. As someone who automates refineries and chem plants, trust me if there is a demand for automated patty flippers, it can and will be done.
Posted on 1/18/21 at 12:32 pm to teke184
10 workers at $7.25 min wage at 40 hrs each = $2,900 payroll per week or $11,600 payroll per month.
10 workers at $15.00 min wage at 40 hrs each = $6,000 payroll per week or $24,000 payroll per month.
A $12,400 per month difference! 107% increase in payroll!
This company would have to either cut 5 of the 10 workers or cut all 10 workers down to 20 hours a week to maintain about the same original payroll expense.
10 workers at $15.00 min wage at 40 hrs each = $6,000 payroll per week or $24,000 payroll per month.
A $12,400 per month difference! 107% increase in payroll!
This company would have to either cut 5 of the 10 workers or cut all 10 workers down to 20 hours a week to maintain about the same original payroll expense.
Posted on 1/18/21 at 12:35 pm to TurkeyBaconLeg
It’s almost like this hike helps all the big corporations and destroys the local businesses liberals pretend to love. They think Bezos doesn’t want the wage hike when he’s been paying his employees 15/hr starting out for the past year or so. All this does is hurt the mom and pop and allow the bigger companies to have an excuse for automating.
Posted on 1/18/21 at 12:35 pm to TurkeyBaconLeg
Most likely what happens is that the lowest producers get cut completely then they rearrange the hours to take care of the ones they want to keep.
At which point some individuals start screaming loudly about racism and discrimination in employment because few people will want to take a chance on someone if the risks are you have to pay them a lot for work that may be substandard and it may be hard to dump them if they aren’t working out.
At which point some individuals start screaming loudly about racism and discrimination in employment because few people will want to take a chance on someone if the risks are you have to pay them a lot for work that may be substandard and it may be hard to dump them if they aren’t working out.
Posted on 1/18/21 at 12:36 pm to TurkeyBaconLeg
quote:
his company would have to either cut 5 of the 10 workers or cut all 10 workers down to 20 hours a week to maintain about the same original payroll expense.
Or pass the added expense to the consumer with a hike in cost. In other words the #3 you get at the restaurant goes from $5 to $10. Then now you have people that aren't wanting to pay that so demand goes down.
Either way we cut the cake this proposed MW increase is bad.
Posted on 1/18/21 at 12:37 pm to boxcar willie
quote:
If automation could do it, it already would and $15 an hour isn't going to the difference maker
It's not just the cost of labor, it's the cost of labor relative to the cost of automation. The cost of automation may not make sense at a 7.25 minimum wage (or even 10, etc if someone paid better wages than that) but make sense at a minimum wage of 15. A nationwide increase in minimum wage would also be on a wide enough scale that it could also help increase the economies of scale of automation, further tilting the calculus toward automation.
Also the higher labor costs resulting from increased minimum wage would encourage increased investment into the development of automation technology, so adoption would likely accelerate over time.
This post was edited on 1/18/21 at 12:41 pm
Posted on 1/18/21 at 12:46 pm to TurkeyBaconLeg
quote:
This company would have to either cut 5 of the 10 workers or cut all 10 workers down to 20 hours a week to maintain about the same original payroll expense.
Or just raise prices to accommodate the extra expense like every one of there competitors will have to do.
Posted on 1/18/21 at 12:52 pm to CrimsonCoast
Yeah but drop in demand for certain products might not be equal to an increase in price. The demand for a Toasted Cheddar Chalupa would fall of a cliff once it’s more than $3 bucks a pop. Better to cut hours or automate and keep that dollar menu.
ETA: All while local restaurants try to keep staff turnover low, raise prices, and get fricked.
ETA: All while local restaurants try to keep staff turnover low, raise prices, and get fricked.
This post was edited on 1/18/21 at 12:53 pm
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