How will small businesses thrive if they can't afford any help? Seems like a boon for big business.
How will small businesses thrive if they can't afford any help? Seems like a boon for big business.
"professional Runners" are just jealous. They would love 10 dollar minimum wage for themselves
Why would small businesses pay their workers so much more poorly than big businesses? Defend that assertion you made, please.
Perhaps businesses that can't afford to pay their debts should go bankrupt. Clearly, that is the Trump way, and he's running for president, so I think we should raise minimum wage in attempt to push small businesses into bankruptcy, so that we can get more trumps to help us solve our problems.
A vote for a higher minimum wage is just good conservative economics.
Big businesses have more min wage employees than small businesses.
The $15 thing is really just a rally cry.
And it is to implemented over time. It's not to go immediately into effect.
They can't get $8 passed so this really nothing talk.
to think that any idiot of the street is entitled to $15.00/hr for sweeping an aisle or cashing out someone at a movie theater, LOL
more like $5.00, give them motivation to earn real skills.
Depends on what part of the USA
15/hR would be appropriate in Seattle, Portland, Cali
It would be too much for the rednecks in Colorado Springs, CO
I blame Obama for premature male pattern baldness
Because feelings. They can't prove using objective facts that menial workers are entitled to $15/hr, but they feel it and that's good enough for them because they are emotionalists, not thinkers.
Eliminate the tax breaks for corporations that ship jobs overseas and give those breaks to businesses who raise wages to $15/hr. It will help offset the cost of business.
I want to see the business breakdown behind it all. Suppose you have three employees working a McDonald's on a Wednesday night. You pay them $45 for an hour of work. What is the hourly cost of running the restaurant? What are the profit margins for that hour? How much would prices have to increase to afford such a wage increase?
So that people working full time don't require government assistance, and so we don't pay higher taxes to support them.
Good robot employee wrote:
How will small businesses thrive if they can't afford any help? Seems like a boon for big business.
Raising the minimum wage is supposed to transfer money from the top 1% to the middle and lower classes. However, CEO's aren't going to cut their own salaries (which are over inflated compared to regular wages). So they will cut costs elsewhere including hiring less people and laying off more people. So obviously just raising the minimum wage won't work.
There is actually a limit to the amount of disposable income one person came have, CEO's that make 10's of millions a year literally cannot spend their money, yet that money that they are unable to spend is still counted as disposable income. This is why progressive tax systems are one the answers, any taxable income that is beyond the upper limit of disposable income should be taxed out the wazoo. If it isn't taxed, all of that money is just going to sit in some rich persons bank account, and never get spent. Yes it gets lent out by the banks, but no one gets a loan to buy groceries or pay rent, they get loans to pay for things like houses and cars, the amount of money spent on every day expenses dwarfs that of the housing/car market, this is a very inefficient way to stimulate the economy.
It doesn't matter who is spending the money, but it has to be spent, and it has to be spent in a way that every dollar spent will provide the most bang for buck in terms of stimulation. Spending by consumers is what drives the economy, it creates more sales for businesses, creating more profit, meaning that the business will expand, hiring new employees, reducing unemployment, which will increase wages for all, not just those at the top.
If we can find a way for the rich to spend most of their money, then great, but as of now, there are too many people making stupid amounts of money that no one could spend, and it's not being allocated in the most effective way (it's sitting in the banking system, not being spent by every day consumers). Remember, the basic economic problem is that of scarcity: we have limited resources and unlimited needs and wants, so we have to allocate the resources we have in the most EFFICIENT way possible. This is not happening right now with our resource of money. I know money is not technically an economic resource, but it's the principle of applying things in the most effective way. This is the reason why we need a highly progressive tax system, that takes a massive leap at the point where one makes enough money that they can physically not spend.
That and also brining in billions in tax revenue from technically "legal" offshore accounts that provide tax loopholes.
That long winded diatribe just might be the best example of arrogant, jealous thinking I have ever seen.
$15/hr only means that stakeholders will have to re-negotiate the slice of the pie. That means cities will have to reduce business taxes, states will have to reduce sales taxes, civil service unions will have to reduce benefits, etc., etc. etc. to ensure minimum wage workers have enough to live on, and small business owners have enough to make a profit. The American people will work together.
I don't know about the good and bad of it but here's what I know.
My grandmother was a teacher and grandfather in the navy. Their income was enough to by a nice house in a nice neighborhood of Silicon Valley.
On the other side of the family my grandfather was a gas attendant and grandma worked at the church. They bought a house in San Mateo hills.
My dad paid for college with a part time night job. He bought a house in San Jose making 60k per year.
I had to take loans to afford college even though I was on a full ride and despite making 100k can't afford to by a house.
So I don't know about $15 but big companies are getting more wealthy. Meanwhile the majority have to cram 3-4 families in a house to survive.
CWRP wrote:
I don't know about the good and bad of it but here's what I know.
My grandmother was a teacher and grandfather in the navy. Their income was enough to by a nice house in a nice neighborhood of Silicon Valley.
On the other side of the family my grandfather was a gas attendant and grandma worked at the church. They bought a house in San Mateo hills.
My dad paid for college with a part time night job. He bought a house in San Jose making 60k per year.
I had to take loans to afford college even though I was on a full ride and despite making 100k can't afford to by a house.
So I don't know about $15 but big companies are getting more wealthy. Meanwhile the majority have to cram 3-4 families in a house to survive.
Cute story that has nothing to do with minimum wage.
In Seattle, the minimum wage has empowered white hipster college graduates to keep working as baristas and waiters to keep the city 'gentrified.' Without it they would start hiring minorities and immigrants willing to work for less. This is not unlike the original minimum wage laws c. 1900 designed by anti-immigrant groups.
reel estate wrote:
Cute story that has nothing to do with minimum wage.
Yes it does. It used to be the case that a working class family could make a living and have a good life by working low-wage jobs. That is no longer the case.
The argument that the minimum wage should be raised to a living wage is justified by a simple Rawlsian analysis of the ethics of living in a developed country. We should build a society where even the lowliest of workers--those whose highest calling may be mopping floors or cleaning toilets--can afford to live a life with dignity and without lacking the basic necessities of life.
Here is where conservatives are right: some people are smarter or more talented than others, and as such can get better jobs and earn more money. Here is what they don't understand: talent and intelligence are genetic. You don't choose to be smart any more than you choose to be tall.
Not every janitor or fast food server is going to climb the promotion ladder. Most won't, because they aren't equipped with the skills to do so. We need to build a society in which the least intelligent, least talented, least skilled worker is still paid a living wage and is treated with dignity, because that is what "created equal" is all about.
Why did you post twice under different usernames?
HardLoper wrote:
In Seattle, the minimum wage has empowered white hipster college graduates to keep working as baristas and waiters to keep the city 'gentrified.' Without it they would start hiring minorities and immigrants willing to work for less. This is not unlike the original minimum wage laws c. 1900 designed by anti-immigrant groups.
So an immigrant whose openly lesbian kid can get a $15/hr job working alongside a college graduate hipster at a grocery is getting screwed over by a c.1900 anti-immigrant group bill?
By golly, you're right!!! The progressives ARE fascists!! Where are the homosexuality therapy camps when you need 'em? How will this kid ever learn anything about hard work if they aren't paid humiliatingly low wages?
What'll come next? That immigrant kid going to low-cost college and only having to work part-time and not being crippled with debt? Well gee!! Until now, I never realized that Bernie Sanders was actually Hitler in disguise! Thanks, LetsRun.com!!