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Status:
"everybody getting reported now.."
(set 23 days ago)
Location: Pine Grove,AL
29,552 posts, read 16,542,682 times
Reputation: 6039
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Quote:
Originally Posted by Retroit
If minimum wage is increased, businesses pass on the extra cost to the consumers, which hurts the poor the most. Ultimately, all you are doing is increasing the cost of living.
Quote:
Originally Posted by FatBob96
Never understood why Liberals have such a hard time grasping this simple, almost self explanatory concept.
Apparently they think that it can't be true because they don't want it to be.
Im a liberal with a business degree who currently works in management at the 3rd largest department store chain by volume of sale in the country.
I can tell you for a fact that both of you are wrong.
the customer is the last one to see any change, not the first. Anyone who has ever been a part of any business should know that. people in business get raises all the time and you cost didnt go up .
If you guys want, i can explain in full what happens before a customer would ever see a price increase.
The thread title, absent of anything else, begs for a definition of 'better'. Given the content of the post, not the thread title, the OP should have included 'minimum wage' as part of the thread title, and then some other content for the body of the post.
But how much more do things costs and does the increases minimum wage (in some areas, nearly doubled) cover that increased cost?
It was an old study done a few years ago when Walmart still only payed minimum wage that showed that Walmart could afford to pay all of their employees at least $10/hour and the average total per customer would increase by less than a dollar. I can't remember the exact amount, and since Walmart has since increased their pay, the exact numbers are irrelevant. But the point is that upping the wages did not make things cost substantially more.
I'm asking an honest question though. Would $15 minimum wage actually increase things enough that those on minimum wage would still need more than $15/hour, thus making the change counter productive?
Why do people always want to use big companies with supposedly deep pockets as an example?
The majority of businesses in this country are small businesses that don't have the coffers of Walmart or McDonald's.
Even many big name chains like McDonald's are franchises and independently owned.
It goes like this. 2 people with $15 hour will have more extra money to spend than 3 people with $10 hour. That extra spending results in extra economic activity.
Quote:
Originally Posted by ContrarianEcon
Nice one. Two outcomes for the other one not hired.
One, doesn't get a job and is homeless.
Two, does get a job somewhere else. If at $10hr then you have $40 in hourly income over three people instead of $30 over three people. You are correct some people should not be allowed to speak or vote.
Two people get a job for $15/hour.
One person doesn't get jack, because liberals don't care about him.
Two people can pay to have food, shelter, clothing, transportation...
One person lives in a cardboard box, starves, has worn, torn clothing, travels on foot because liberals don't care about him.
The price of food, clothing, etc goes up because the employers, just like their own employer, had to start charging more to be able to keep on two people with no skills at $15/hour. The employer struggles to keep the two working full time, but it's getting more and more difficult every day, as no one wants to pay $30 for a large pizza with one topping.
Anyway,
The two who have their little wage "victory" vote Dem.
One person who doesn't have a job, and according to libs, can't get an ID, can't even get to the voting booth, doesn't have an address for an absentee ballot...what he wants doesn't count, because liberals don't care about him.
It is ruled that everyone will pay more in to the welfare system, everyone will have healthcare, they will get food, they will get help with housing, because, liberals say, they "care" about everyone.
So now the two people with their $15/hour job have to pay more out of their paychecks. Before rent, food, and other such items, they have to pay for the one person's healthcare, the one person's food stamps, the one person's housing assistance, and some of the liberals even want to pay for this person's college degree.
The two people take what they have left over to pay for their rent, and....wow, can't buy the food that normally was eaten because there's not as much money left. And still have to pay electric, hope that gas prices don't go up, put off car maintenance longer than recommended, sure hope they don't have to go to the dentist or doctor....wow...no more eating out, no more going to the movies, no more buying fun food at the store, going to have make these clothes last longer, spend less on laundry soap - will have to wear clothes twice before washing, have to wash hair less - can't afford that shampoo and conditioner anymore...something should be done about this! Minimum wage needs to be raised! It doesn't allow one to live! How can someone live like royalty on this amount? Raise the minimum wage! Raise the minimum wage!
So, the vote passes, the minimum wage is raised.
Now there's one person working for $30/hr and 2 people without a job.
This has been happening. This has been happening in real life. You all aren't paying attention. This has BEEN happening for YEARS, and yet you keep asking for more and more and more money because you know it buys votes, votes, votes to pretend that you will help the poor. You're not helping the poor. You're completely and totally SCREWING the poor.
Idiotic arguments against 15 min wage notwithstanding, perhaps all companies should pay their employees nothing. Let's see how that works.
Yes! Actually, let's DO see how that works! You have people who will pay their employees, and you have people who won't. GUESS WHAT! Those who don't, won't be in business. Those who do, will have better employees, and it will have all worked out, all on its own, WITHOUT GOVERNMENT INTERFERENCE!
You do understand there's a difference between a business deciding to raise wages and being forced to raise wages to some arbitrary level.....right?
You do understand that Ford's raising his workers wages was not coerced or forced by any law ... right? It was a radical idea at the time since it was considerably higher than prevailing wages.
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