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Started By
Message
re: The Real Fear of $15/hr Min Wage
Posted on 1/16/21 at 10:03 am to Tiger Prawn
Posted on 1/16/21 at 10:03 am to Tiger Prawn
Law of unintended consequences part II
Waitresses and bartenders will no longer receive tips...(usually adding up to more than $15/hr)...and drink prices and food prices will rise.
Welcome to canadian tippers...
Waitresses and bartenders will no longer receive tips...(usually adding up to more than $15/hr)...and drink prices and food prices will rise.
Welcome to canadian tippers...
1
Posted on 1/16/21 at 10:05 am to OceanMan
Maybe I’m misunderstood here. I don’t feel like minimum wage should allow someone to buy a home buy a new car every five years and take vacations. I’m just saying it should be able to provide at a minimum the ability to cover basic needs. The “minimum needs”
Posted on 1/16/21 at 10:06 am to tigersfan1989
quote:
How much has higher education cost increased since 2009 over 10 years ago?
It’s almost like when the government gets involved with shite the price skyrockets.
Weird.
Posted on 1/16/21 at 10:07 am to tigersfan1989
How does working 40hrs a week below 15hr not allow someone to cover "minimum needs"?
Posted on 1/16/21 at 10:08 am to GoldenGuy
Inflation. Wages are a percentage of revenue and a percentage of costs. It's this simple. Supply and Demand are physics. There might be some ancillary benefits forcing businesses to adapt and be more efficient in other areas and wages can go up and still maintain the same return on capital, but in the long run the market will adjust via inflation.
The only argument that can be made is that forcing wages that high will lift people out of the welfare benefits.
Which is the real moral imperative. Every day Wal-Mart pays people dog shite wages and forces them on welfare to fill the gap of what a real wage should cover. Unite with liberals on this issue. End Wal-Mart's exploitation and get people off welfare.
But it won't change. Wal-Mart and other companies have you exactly where they want you not tackling the real problem.
The only argument that can be made is that forcing wages that high will lift people out of the welfare benefits.
Which is the real moral imperative. Every day Wal-Mart pays people dog shite wages and forces them on welfare to fill the gap of what a real wage should cover. Unite with liberals on this issue. End Wal-Mart's exploitation and get people off welfare.
But it won't change. Wal-Mart and other companies have you exactly where they want you not tackling the real problem.
Posted on 1/16/21 at 10:08 am to tigersfan1989
quote:
I’m just saying it should be able to provide at a minimum the ability to cover basic needs. The “minimum needs”
And it does. For an individual.
Min wage is meant for kids, not adults with families. If you have kids and you make min wage, YOU are the problem. Not the govt and not your job.
This post was edited on 1/16/21 at 10:09 am
Posted on 1/16/21 at 10:12 am to RaimondGPville
quote:What makes them “quality people”?
What folks don't understand is most already pay 15 for quality people.
And will the people with whatever characteristics you list continue to work for 15 when the people who don’t have those characteristics are also getting 15? Or will they demand more?
Posted on 1/16/21 at 10:12 am to beerJeep
I hit the upvote button 10x. It only recorded it once...but, count it as 10 ;)
quote:
Min wage is meant for kids, not adults with families. If you have kids and you make min wage, YOU are the problem. Not the govt and not your job.
This post was edited on 1/16/21 at 10:13 am
Posted on 1/16/21 at 10:13 am to GoldenGuy
That has not been the result everywhere it has been tried.
Posted on 1/16/21 at 10:20 am to TeLeFaWx
quote:Did you know Walmart offers a program to pay for college or trade school for their employees? Help is there for the people who actually want to improve themselves
Which is the real moral imperative. Every day Wal-Mart pays people dog shite wages and forces them on welfare to fill the gap of what a real wage should cover. Unite with liberals on this issue. End Wal-Mart's exploitation and get people off welfare.
But it won't change. Wal-Mart and other companies have you exactly where they want you not tackling the real problem.
Posted on 1/16/21 at 10:21 am to RaimondGPville
quote:
As an owner of this exact type of business (and successfully still thriving) in Texas I'm all for 15 per hr. What folks don't understand is most already pay 15 for quality people. It's weird y'all are so concerned, like why don't you make enough to be content and not care what others make?
When I graduated Nursing school in 2009, with a BSN I approached the Dean of Nursing at our local hospital and asked what the starting wage was for an entry level nurse with a BSN, $17.50/hr. Of course I found a job at the nearest big town for a higher wage. But if you think someone flipping burgers at McDonalds should make the same amount as a qualified nurse coming out of college with a four year degree then you’re crazy.
Posted on 1/16/21 at 10:27 am to dafif
quote:
Law of unintended consequences part II
This thread is scary. Advocating to restrict businesses while increasing the cost of labor, and at the same time offer UE benefits and a pseudo UBI that's exceed that minimum wage. In short doing everything you can to disincentivize low skill labor from finding a job. If the goal is to crush the labor force and send us into a deflationary depression that's how you do it
Posted on 1/16/21 at 10:35 am to Buryl
quote:Executives won’t be affected but you are kidding yourself if you think this only impacts the very bottom of the scale.
a number of employees are paid well above minimum wage and won't be affected much by the increase.
This post was edited on 1/16/21 at 10:49 am
Posted on 1/16/21 at 10:36 am to wutangfinancial
quote:
wutangfinancial
Have an upvote for the name, sir
Posted on 1/16/21 at 10:38 am to PastaTiger
quote:
That has not been the result everywhere it has been tried.
Examples. Give the place and year 15/hr min wage went into effect
Posted on 1/16/21 at 10:46 am to Tiger Prawn
quote:
Did you know Walmart offers a program to pay for college or trade school for their employees? Help is there for the people who actually want to improve themselves
Sure. And they encourage employees to sign up for welfare programs so they can cap them at 30 hours a week and offer wages that don't cover housing since there is a government program for it.
Welfare undermines wages and Wal-Mart exploits that. That doesn't mean they don't offer other things. They should offer those things but also not sign people up on welfare.
Posted on 1/16/21 at 10:51 am to TeLeFaWx
quote:
They should offer those things but also not sign people up on welfare.
This is such a silly argument. They would be paying those wages and benefits if the labor they are paying for requires those wages. Wal Mart is essentially creating jobs for low skill labor that shouldn't exist in the first place. The government is the one receiving the subsidy.
Posted on 1/16/21 at 10:52 am to Mephistopheles
quote:
They're gonna do our service jobs?
I'd be impressed
Dumb son of a bitch. Let me explain it to you a little differently, since you’re talking about service jobs.
Here in Louisiana, firemen, for example, start off making around 30k. That’s entry level pay. Day one is 30k, roughly, and then after a year they’ll be up in the 40k range with state pay. That 30k sounds like $15 an hour. But it isn’t. Because they work 56 hour weeks. Overtime is only after 53 hours. So they are making just shy of $10 per hour to start. Every department in the state (and many around the country) will immediately see a 50% hike in payroll expenses. But then they also have the corresponding hike in retirement contributions, taxes, and other benefits. Let’s say conservatively that’s a 60% increase in payroll expenditures. Where do you propose that extra money comes from? Oh that’s right, they don’t have it. So they either have to lay people off, which kills response times and quality of service (which now lowers their fire ratings which causes and increase in your homeowners insurance), or they have to raise property taxes, which causes an increase in your tax bill. Guess what? They extra money you’ll start getting paid goes right back out as expenses to fund even the service industries. Basically, you’re lowering the value of the dollar.
Let the free market handle it. Susie can’t make ends meet on her $8 an hour pay? Then fricking Susie needs to find another job, learn a different skill, or somehow make her time more valuable to an employer. It’s really simple.
Posted on 1/16/21 at 10:53 am to Ping Pong
quote:
Listening to a Democrat talk about the economy is like listening to a woman talk about football.
There is no way this could be put any better.
Posted on 1/16/21 at 10:57 am to Speedy Greedy
quote:
People having more money deters crime and it wouldn’t cause much inflation if done properly. Plus people working somewhat less is a good thing. People should have more time to do things they enjoy.
Bless your heart....
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