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Posted on 4/23/21 at 3:00 pm to cahoots
quote:How many adults are earning minimum wage in the US? I bet it's not "huge" by any means.
The only way things stay cheap is if you have a huge underclass working for very little, which is not a desirable state
Those earning bottom wages are earning them for two reasons:
1. they've made the choice to be there, either through sloth or poor decisions that got them in a bad position with the law
2. they're incapable of earning more, either through mental or physical limitations
I don't see what is to be gained by giving them more money. It's the same thing that the anti-1%ers get wrong. There will always be a top 1%, a top half, a bottom half, a bottom 1%, etc.
Maybe that's where you and I don't align. Can you explain to me why an adult making minimum wage should be paid more - not as a function of them improving their position but simply because they're poor?
Posted on 4/23/21 at 3:07 pm to Strannix
It's the goobermint setting up a false pretext to flood the country with illegal aliens, and I ain't jokin'.
Posted on 4/23/21 at 3:12 pm to Abraham H Parnassis
(no message)
This post was edited on 4/23/21 at 4:48 pm
Posted on 4/23/21 at 3:24 pm to cahoots
quote:
The economic benefits outweigh the economic costs of doing so.
At what point, in dollars/hour, does that shift? Or does it never shift?
In other words, why not raise the minimum wage to $1,000/hr?
Posted on 4/23/21 at 3:25 pm to notiger1997
quote:It won't be long now for the full ill effects of the commie Cathy son taking over Chik-Fil-A to kick in. The entire CFA brand is going to slide into mediocrity and then bankruptcy. Just you watch and see.
hat's every Chik-Fil-A and Canes around most the country.
Posted on 4/23/21 at 3:33 pm to cahoots
quote:Since you didn't answer - fewer than 2% of Americans make minimum wage.
I think it's just plain pragmatic. The economic benefits outweigh the economic costs of doing so. It's nothing to do with how much money certain people "deserve." A lot of people are overpaid and a lot of people are underpaid. The US economy has functioned extremely well with much higher minimum wages (and many states already have them) so I don't buy into the doom and gloom. I pay attention to the empirical results.
Wouldn't it be better to address the "why" before placing that burden on employers?
Why are able bodied Americans making $7.25 an hour? Why are they not taking control of their own situations? Lastly, why should I, as an employer, pay someone more money for no increase in productivity or ability?
Posted on 4/23/21 at 3:36 pm to Abraham H Parnassis
(no message)
This post was edited on 4/23/21 at 4:49 pm
Posted on 4/23/21 at 3:48 pm to Abraham H Parnassis
(no message)
This post was edited on 4/23/21 at 4:49 pm
Posted on 4/23/21 at 3:49 pm to the808bass
quote:
In other words, why not raise the minimum wage to $1,000/hr?
Bueller?
Posted on 4/23/21 at 3:50 pm to cahoots
quote:Why should the burden be on the employers?
Right but how many currently earn less than $15/hour? An increase doesn't just hit the current min wage earners. It affects everyone up to $15 or whatever the number is.
Let's say I have X employees at $7.50/hr. At midnight, all of their wages get doubled. My payroll has doubled.
If the employees are not twice as efficient, twice as smart, twice as good looking, twice as friendly, twice as good at their job, how would you suggest that I, the employer, offset this artificially inflated cost I'm now responsible for?
Posted on 4/23/21 at 3:51 pm to Strannix
Won’t be long til you see videos set to music of Obama and Biden and Harris and AOC inside of government owned Taco Bell’s. And the menu will have three choices. And no free refills bitch!
Posted on 4/23/21 at 3:51 pm to Flats
This post was edited on 4/23/21 at 4:49 pm
Posted on 4/23/21 at 3:53 pm to cahoots
quote:I understand you don't view it this way. I would say you're likely not a business owner or in some form of upper management. I could be wrong, but I doubt it.
I don't really view it this way. All employers will have to pay more so it's not really a burden if it's implemented cleverly. There is a potential for stuff like regulatory capture but you can easily guard against that with other policies like tax cuts for small businesses. Hell, we gave them money during the pandemic to keep people on the payroll so can't we do the same with a tax cut?
It's really a burden on consumers but like I said, I think the trade off is worth it
You're example is shot through with more bureaucracy and legislation as if that solves any problems at all.
Since when does throwing good money after bad ever fix anything? Why is it more attractive to you to operate under more laws, more regulation? The answer is, I think, in my second sentence of this post.
Posted on 4/23/21 at 3:59 pm to cahoots
quote:
I think it's very possible to believe that a few dollar increase can be absorbed quite well and a big dollar increase will cause chaos. I don't see how it's an all or nothing proposition.
“Absorbed” just means the impact is smaller and, I suspect, a nice way of saying that a different group is going to eat this increase. In reality the exact same thing happens in both cases and with every increment in between. The only question is how much chaos.
Posted on 4/23/21 at 3:59 pm to cahoots
quote:
An increase doesn't just hit the current min wage earners. It affects everyone up to $15 or whatever the number is.
Tell me you’re retarded without telling me you’re retarded.
Posted on 4/23/21 at 4:05 pm to Abraham H Parnassis
This post was edited on 4/23/21 at 4:49 pm
Posted on 4/23/21 at 4:06 pm to the808bass
(no message)
This post was edited on 4/23/21 at 4:50 pm
Posted on 4/23/21 at 4:07 pm to cahoots
quote:And if the market can't bear a raise in price commensurate with my new burden of payroll?
I think the cost of goods would rise somewhat in a business like fast food or certain retail. Probably a dollar or two for a combo at McDonald's for instance (plenty of research on this). Low wage labor is about 20-30% of revenue in these industries.
Posted on 4/23/21 at 4:11 pm to cahoots
quote:
Are you retarded? DO you think only current minimum wage earners will get a pay bump?
No. And I definitely think that people making $15.01/hr before the increase will definitely not be asking for an increase.
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