U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
Closed Thread Start New Thread
 
Old 01-23-2019, 07:49 AM
 
2,423 posts, read 584,787 times
Reputation: 2009

Advertisements

https://www.breitbart.com/economy/20...-minimum-wage/

....Jon Bloostein, the operator of six New York City restaurants with 50 to 110 workers on the payroll at each, said the wage hike is “an immense cost” for his business to shoulder.

“We lost control of our largest controllable expense,” he told CBS News. “So in order to live with that and stay in business, we’re cutting hours.”

Bloostein said he has increased the prices on the restaurant menu and staggered employee start times to cut down on costs....




Wow. Shocking.

 
Old 01-23-2019, 07:50 AM
 
Location: Boston
5,830 posts, read 1,719,880 times
Reputation: 4301
Sounds like a smart businessman.
 
Old 01-23-2019, 07:53 AM
 
Location: Texas
7,530 posts, read 2,837,390 times
Reputation: 16139
Of course. This is what many people don't realize. Businesses will simply reduce their workforce if they are forced to comply with a $15 hour minimum wage.
 
Old 01-23-2019, 07:56 AM
 
952 posts, read 280,865 times
Reputation: 2366
I don't know why this is surprising. There's a feel-good aspect to a higher minimum wage but it doesn't happen in a vacuum. Jobs go away, workers lose their Earned Income Credits and pay more in SS and Medicare taxes, and may lose income-based social program benefits. Sometimes bumping up your compensation can cause you to lose benefits worth more than the increase in compensation.
 
Old 01-23-2019, 07:58 AM
 
11,052 posts, read 20,620,677 times
Reputation: 10417
This actually kinda plays into the D's hands. They can now offer assistance and UBI schemes in exchange for votes. It's kind of sickening when you boil it down. I'm not a supporter of the R ideals such as pro life, discrimination against gays etc but I just have to hold my nose when I vote now...I've worked too hard to have to continue giving tax money to those who vote in people who just give them stuff "for free".
 
Old 01-23-2019, 08:07 AM
 
2,423 posts, read 584,787 times
Reputation: 2009
Quote:
Originally Posted by wheelsup View Post
This actually kinda plays into the D's hands. They can now offer assistance and UBI schemes in exchange for votes. It's kind of sickening when you boil it down. I'm not a supporter of the R ideals such as pro life, discrimination against gays etc but I just have to hold my nose when I vote now...I've worked too hard to have to continue giving tax money to those who vote in people who just give them stuff "for free".
Can you give me an example of GOP discriminating against gays?
 
Old 01-23-2019, 08:22 AM
 
11,052 posts, read 20,620,677 times
Reputation: 10417
Quote:
Originally Posted by Grlzrl View Post
Can you give me an example of GOP discriminating against gays?
Oh come on, they are very anti-same sex marriage. Are we really having this conversation?
 
Old 01-23-2019, 08:36 AM
 
2,985 posts, read 1,696,923 times
Reputation: 2355
Quote:
Originally Posted by Grlzrl View Post
Can you give me an example of GOP discriminating against gays?
You must live in a hole in the ground.

They try to pander to their base all the time.
https://www.nbcnews.com/news/amp/ncna855836

Last edited by damba; 01-23-2019 at 08:40 AM.. Reason: Added link
 
Old 01-23-2019, 08:44 AM
 
9,640 posts, read 4,116,863 times
Reputation: 14431
Quote:
Originally Posted by wheelsup View Post
This actually kinda plays into the D's hands. They can now offer assistance and UBI schemes in exchange for votes. It's kind of sickening when you boil it down. I'm not a supporter of the R ideals such as pro life, discrimination against gays etc but I just have to hold my nose when I vote now...I've worked too hard to have to continue giving tax money to those who vote in people who just give them stuff "for free".
UBI would push them off of those other welfare programs because their income would be too high

the U.K. has a universal credit system for their welfare program instead of the food/housing/etc one. it didn't work, they have delayed it every time it comes up
 
Old 01-23-2019, 08:48 AM
 
2,423 posts, read 584,787 times
Reputation: 2009
Quote:
Originally Posted by wheelsup View Post
Oh come on, they are very anti-same sex marriage. Are we really having this conversation?
I am GOP and I don't know anyone who is against same sex marriage. Can you tell me what the GOP has done to turn that law over since Trump took office? You need to dig deeper and not just listen to what your leaders tell you. Hint: They lie.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics
Follow City-Data.com founder on our Forum or

All times are GMT -6.

© 2005-2019, Advameg, Inc.

City-Data.com - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35 - Top