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re: CBO releases new $15 min wage analysis: adds 58 billion to deficit, costs 1.4 million jobs

Posted on 2/8/21 at 5:17 pm to
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33912 posts
Posted on 2/8/21 at 5:17 pm to
No NIH, I don’t own a business, but I know your parents do because we’ve already been over this. Now can you get off my nuts?
Posted by NIH
Member since Aug 2008
119920 posts
Posted on 2/8/21 at 5:22 pm to
Have you ever run a business? Ever done payroll? Just trying to get a sense of your qualifications here.
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33912 posts
Posted on 2/8/21 at 5:23 pm to
JFC dude get off your high horse. You’re not special just because your parents own a business.
Posted by NIH
Member since Aug 2008
119920 posts
Posted on 2/8/21 at 5:25 pm to
I’m just asking questions.
Posted by oliveandblue
Member since Nov 2014
1751 posts
Posted on 2/8/21 at 5:33 pm to
quote:

Actually my company did an across the board $2 an hour raise and then terminated 2000 mid level managers making $75k-$90k a year.


Tactical cull of people that the company was unconvinced by. This is also why working for mega-corporations isn't always the greatest thing. You can become a number to those people.
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33912 posts
Posted on 2/8/21 at 5:59 pm to
quote:

We absolutely will reduce hours/headcount to maintain profit margins as much as possible.


It’s weird to see a board that pretends to care about blue collar workers do everything they can to protect the profits of the owners. You’d think this board would advocate for blue collar workers making more money.
This post was edited on 2/8/21 at 6:00 pm
Posted by thebigmuffaletta
Member since Aug 2017
15433 posts
Posted on 2/8/21 at 6:06 pm to
quote:

You’d think this board would advocate for blue collar workers making more money.


Did you vote for the guy who just put a bunch of pipeliners out of work?
Posted by NIH
Member since Aug 2008
119920 posts
Posted on 2/8/21 at 6:10 pm to
Have you ever run payroll?
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33912 posts
Posted on 2/8/21 at 6:10 pm to
quote:

Did you vote for the guy who just put a bunch of pipeliners out of work?


Nope.

Small business owners put millions of people out of work every year. Without the minimum wage going up a penny in over a decade.
This post was edited on 2/8/21 at 6:14 pm
Posted by Lige
Member since Nov 2015
2002 posts
Posted on 2/8/21 at 7:02 pm to
What’s crazy is 99% of the people I know and talk to realize this. I think it’s even taught in ECON class. So how are these libs allowed to push the narrative without question.
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
23378 posts
Posted on 2/8/21 at 7:27 pm to
Sounds like more jobs getting sent overseas to me also.
Posted by Navtiger1
Washington
Member since Aug 2007
3368 posts
Posted on 2/8/21 at 8:54 pm to
quote:

Nope.

Small business owners put millions of people out of work every year.


Ahh so you want one or two mega corporations in each industry. No competition from the little guy. Just Walmart and Amazon for all.

You think that the $15 is in a vacuum? Prices of all goods, services, and housing will also rise, putting those newly lifted poor...right back below the brand new poverty line.

And you talk about hurt feelings. So you claim to care about the working man, but only the bottom level working man. No the ones who improved themselves above entry level. They should just be happy with a decade worth of hard work resulting in the new no skilled employee making the same wage. So everybody should be on the bottom tier.
Posted by ConcreteThreshold
Denver, CO
Member since Jun 2017
1684 posts
Posted on 2/8/21 at 9:10 pm to
Posted by Jyrdis
TD Premium Member Level III
Member since Aug 2015
13414 posts
Posted on 2/8/21 at 9:17 pm to
If this was a surprise to anyone they never took of comprehended econ 101.

I’m curious as to the actual number of workers earning less than or right at the $15 mark. I’ve seen it reported as high as 40% of the workforce. I doubt it’s that high, but I do wonder.
Posted by Stonehog
Platinum Rewards Club
Member since Aug 2011
33912 posts
Posted on 2/8/21 at 9:57 pm to
quote:

Prices of all goods, services, and housing will also rise


They already do! And real wages DON’T. So people are expected to buy things at higher prices with the same buying power they had in the sixties.
Posted by elposter
Member since Dec 2010
26542 posts
Posted on 2/9/21 at 12:23 am to
quote:



It’s weird to see a board that pretends to care about blue collar workers do everything they can to protect the profits of the owners. You’d think this board would advocate for blue collar workers making more money.


You can’t be as dumb as this makes you seem. Sure I want everyone to make a million dollars a year but guess what, Stonehog? I live in the real fricking world where the economic principals of basic supply and demand are a real thing that don’t give a shite about your feel good politics. It’s not about protecting profits of owners. You really should pick up an economics book and educate yourself.
Posted by Navtiger1
Washington
Member since Aug 2007
3368 posts
Posted on 2/9/21 at 2:02 am to
quote:

real wages


What is a "real wage"? Minimum wage? Because that has doubled since i was getting paid minimum wage and it wasn't the 60s.

And are you really trying to say that wages have been stagnant for 60 years? You do also realize that what was considered a good living and solid existence in the 60s would be considered poverty by modern standards. 1 car, no cable tv, no internet, very few cloths, etc. We have become a greedy consumer society and we always want more.

You could probably have a 60's lifestyle on minimum wage today, bu8t you wouldn't like it.
Posted by pankReb
Defending National Champs Fan
Member since Mar 2009
71726 posts
Posted on 2/9/21 at 3:18 am to
Those lower level people should just learn how to make solar panels right?
Posted by wizard1183
Lafayette
Member since Jan 2021
348 posts
Posted on 2/9/21 at 5:11 am to
Im curious to know how the the guy who has to bust his arse to get to $23 an hour feels about people who dont do shite coming up flipping burgers, getting orders wrong making $15 an hour?
Posted by Csmims
A sandy beach in paradise
Member since Jan 2019
3199 posts
Posted on 2/9/21 at 6:31 am to
You totally missed the point.
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