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.
Raising the federal minimum wage has been a Democratic priority for years, and Democrats now control the White House and Congress for the first time in a decade. So now might seem like the time.
On a national level it will drive cost push inflation and lead to an almost immediate price shock at the grocery store as undocumented workers get a 35%~50% raise. This will be fun. I hope he succeeds. Actually hopefully he gets $15 through.
On a national level it will drive cost push inflation and lead to an almost immediate price shock at the grocery store as undocumented workers get a 35%~50% raise. This will be fun. I hope he succeeds. Actually hopefully he gets $15 through.
It'll lead to higher unemployment.. That's the only thing I can say for certain. The push has been on for automation.. Expect that effort to be redoubled.
You'll wind up at a McDonalds and there'll be 2 people in the store. You and one employee.. I nearly said "Cook", but there'll be a robot doing that, too. Eventually, when things get settled, it'll just be you and an 800 number to call if you have a problem.
It'll lead to higher unemployment.. That's the only thing I can say for certain. The push has been on for automation.. Expect that effort to be redoubled.
You'll wind up at a McDonalds and there'll be 2 people in the store. You and one employee.. I nearly said "Cook", but there'll be a robot doing that, too. Eventually, when things get settled, it'll just be you and an 800 number to call if you have a problem.
Are McDonalds in Europe only staffed with two people or would this simply be a US phenomenon?
It'll lead to higher unemployment.. That's the only thing I can say for certain. The push has been on for automation.. Expect that effort to be redoubled.
You'll wind up at a McDonalds and there'll be 2 people in the store. You and one employee.. I nearly said "Cook", but there'll be a robot doing that, too. Eventually, when things get settled, it'll just be you and an 800 number to call if you have a problem.
The hit will be in industrial ag and meat processing which are staffed with armies of undocumented workers making minimum wage. Biden will basically spike labor costs and that will be passed down to suppliers and then to consumers.
Location: East of Seattle since 1992, 615' Elevation, Zone 8b - originally from SF Bay Area
44,585 posts, read 81,206,701 times
Reputation: 57821
Already our Safeway is up to 8 self-check stations, our Kroger has 12, Home Depot 8, and the nearest Walmart Superstore has 0 cashiers, it's all self-check. Around here a federal minimum of $15 won't make much difference, though, those jobs are already paying at least $17 just to be able to attract workers.
Are McDonalds in Europe only staffed with two people or would this simply be a US phenomenon?
my experience with McDonalds in Europe is they do have very limited staff. You order off a computer screen, there is an employee to hand you your order.
Keep telling yourselves it won't make much difference one way or the other.
When minimum wage goes up, ALL wages tend to go up. And prices tend to go up.
2.3 percent of workers make minimum wage by the way. Half of these workers are under age 25. Only 1 percent of full time workers earn minimum wage. That means 99 percent of full time workers earn more than minimum wage. But I'm sure they're all excited because like I said, when minimum wage goes up, all wages tend to go up. https://www.bls.gov/opub/reports/min...egular%20basis.
Keep telling yourselves it won't make much difference one way or the other.
When minimum wage goes up, ALL wages go up. And prices go up.
Good times.
Agreed. There's no free lunch here.
When minimum wage goes up, it puts pressure on both the cost of goods/services and on wages higher up the employment ladder. When you pay minimum wage workers more, you also need to pay the next rung of workers more, and so forth.
The minimum wage is $0, and people will discover that as standards rise and replacement options expand.
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.
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.
