0
- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: The best argument against a mandatory $20 an hour minimum wage.
Posted on 10/18/26 at 7:39 pm to DeBoar
Posted on 10/18/26 at 7:39 pm to DeBoar
Buccees can pay that well because they run their stores with incredible detail and regulations and they get their money's worth out of each of those hours paid.
In an ideal world, this would be the rule and not the exception, but we don't live in an ideal world.
I imagine stores that are paying minimum wage lose money on each hour they're forced to overpay their employees, given the person they employ at that level.
This is why the redistribution-based policies of "bringing manufacturing back" will fail, too, mind you.
In an ideal world, this would be the rule and not the exception, but we don't live in an ideal world.
I imagine stores that are paying minimum wage lose money on each hour they're forced to overpay their employees, given the person they employ at that level.
This is why the redistribution-based policies of "bringing manufacturing back" will fail, too, mind you.
Posted on 10/18/26 at 7:41 pm to BamaGradinTn
mandate a $20 an hour minimum wage and watch businesses close left and right. People don't seem to understand that if you did that at a small business, they fold. You also start looking at $20 mcdonalds meal deals. Inflation goes through the roof. No one has ever said that congress knows anything about or understands economics....and it shows.
Posted on 10/18/26 at 7:44 pm to Pedropatterstine
16-18k in restaurant industry in Cali
Posted on 10/18/26 at 7:46 pm to Pedropatterstine
quote:
mandate a $20 an hour minimum wage and watch businesses close left and right. People don't seem to understand that if you did that at a small business, they fold. You also start looking at $20 mcdonalds meal deals. Inflation goes through the roof. No one has ever said that congress knows anything about or understands economics....and it shows.
I don't support raising the federal minimum wage to 20 an hour because it doesn't make sense in lower cost of living areas.
I wouldn't have a problem with it being indexed to inflation. If these old fossils get COLA adjustments for not working then why shouldn't we apply the same logic to those working and contributing to social security?
Posted on 10/18/26 at 7:53 pm to Powerman
Many of these businesses are on very tight margins. Rasing your wages by 30 or 40% leads to one of two things. Either the prices of product go up 30 to 40%, or the business closes. Sadly, many progressives don't understand very basic economics.
Posted on 10/18/26 at 7:55 pm to Pedropatterstine
quote:
Many of these businesses are on very tight margins. Rasing your wages by 30 or 40% leads to one of two things. Either the prices of product go up 30 to 40%, or the business closes. Sadly, many progressives don't understand very basic economics
Oh boy
Posted on 10/18/26 at 7:56 pm to Powerman
quote:
these old fossils get COLA adjustments for not working then why shouldn't we apply the same logic to those working and contributing to social security?
Here is the problem. Government intervention fooks everything up.
Posted on 10/18/26 at 8:04 pm to BamaGradinTn
Most of the top state economies in the US don't have low minimum wage
Posted on 10/18/26 at 8:17 pm to Powerman
Bucees would love a $20 minimum wage because they can afford it but exactly zero smaller gas stations they may compete with can.
Posted on 10/18/26 at 8:18 pm to SlowFlowPro
Dude you can stop your "oh boy". I assure you I've forgotten more about economics than you'll ever know, and I work in that Industry. You are apparently one of those ignorant people as it relates to economics. Companies just don't swallow the losses from the increase in wages. They pass the cost along in price increases, which leads to inflation. Stay in your lane.
This post was edited on 10/18/26 at 8:19 pm
Posted on 10/18/26 at 8:22 pm to Tigersforthee
quote:
Bucees would love a $20 minimum wage because they can afford it but exactly zero smaller gas stations they may compete with can.
EXACTLY
Maybe you can help the board idiot SFP to understand that.
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News