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Old 12-06-2013, 05:31 PM
 
10,097 posts, read 10,018,617 times
Reputation: 5225

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Quote:
Originally Posted by Goinback2011 View Post
No... they won't.

You are clueless about the effects of rising costs on small business.

Take a basic economics class.
I'm not clueless, I said a lot won't last and that's not what the movements prerogative is.

Stop using the Econ 101 canard. I get it just fine.

 
Old 12-06-2013, 05:32 PM
 
Location: Atlanta, Ga
2,490 posts, read 2,547,304 times
Reputation: 2057
Quote:
Originally Posted by Oildog View Post
If minimum wage is pushed up to $15/hour, everything else will get pushed up as well. Doing entry level fast food work has never been a 'career path'. It is a job but the hopes are you can move up to manage or own a store.

The more you get paid is usually proportionate to the number of people that can and will do your job. Lots of folks want doctor money but few can do it. Same with building bridges, etc.
That doesn't really make sense though. The whole point of giving people a higher wage is so they can afford a better living. That means putting more money in the economy, which means more money in the pockets of the businesses. So basically, any money they have to put out to pay workers, they get back with people having more of a disposable income to spend it on. Think about it. Instead of a fast food restaurant or retail store having say 4,000 customers a week, suddenly people have the ability to come more often, or even come period, and now the customer count a week goes up to 11,000. You now actually make more money than you were before by paying your employee more. The employee has a better quality of life and the company racks in more profit, everybody wins.
 
Old 12-06-2013, 05:34 PM
 
Location: Katy, TX
705 posts, read 1,260,780 times
Reputation: 998
Quote:
Originally Posted by radiolibre99 View Post
Poverty is not an attitude problem Kiovo. My lord, are you nuts? Its structural. It won't be solved with a little elbow grease. This cutesy little platitude has to just end now.
Did I say it was an attitude or are you just injecting words and thoughts like you always do? They lack the skill to manage and budget. Period. Middle class people do too. So do upper and 1%s but they can get away with that a little more since they have a few extra zeros in their accounts. You seriously lack real world experience. Studying some classes in college and knowing how to Google does not qualify. Go out and met some "poor" folks, talk to them, get to know them, then go out and met some more, you'll quickly see a pattern. Better yet, work for a financial intuition as a bank teller, personal banker, loan officer, then you get to see how people handle their money on an everyday basis. Giving them more money will not solve their problems.

And let's be real, $15 an hour is not enough to support a family. Maybe if they had a real argument and real numbers, many of us will actually consider it.
 
Old 12-06-2013, 05:35 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
Quote:
Originally Posted by mattee01 View Post
That doesn't really make sense though. The whole point of giving people a higher wage is so they can afford a better living. That means putting more money in the economy, which means more money in the pockets of the businesses. So basically, any money they have to put out to pay workers, they get back with people having more of a disposable income to spend it on. Think about it. Instead of a fast food restaurant or retail store having say 4,000 customers a week, suddenly people have the ability to come more often, or even come period, and now the customer count a week goes up to 11,000. You now actually make more money than you were before by paying your employee more. The employee has a better quality of life and the company racks in more profit, everybody wins.
I thought it was so they could get off of means tested welfare programs ?
Are you proposing they stay on those programs and this raise is to give them more spending money ?
 
Old 12-06-2013, 05:36 PM
 
47,525 posts, read 69,728,990 times
Reputation: 22474
Quote:
Originally Posted by mattee01 View Post
That doesn't really make sense though. The whole point of giving people a higher wage is so they can afford a better living. That means putting more money in the economy, which means more money in the pockets of the businesses. So basically, any money they have to put out to pay workers, they get back with people having more of a disposable income to spend it on. Think about it. Instead of a fast food restaurant or retail store having say 4,000 customers a week, suddenly people have the ability to come more often, or even come period, and now the customer count a week goes up to 11,000. You now actually make more money than you were before by paying your employee more. The employee has a better quality of life and the company racks in more profit, everybody wins.
You would only be robbing Peter to give to Paul.

The costs of a hamburger would rise to $15, fries would become $4.

All the non-fast food workers who didn't get a raise wouldn't be able to afford to eat out -- unless they're on food stamps and some restaurants would close.
 
Old 12-06-2013, 05:38 PM
 
10,097 posts, read 10,018,617 times
Reputation: 5225
Quote:
Originally Posted by AeroGuyDC View Post
Employment goes down as minimum wage increases. Krueger's studies were expanded and largely debunked.
Two-thirds of low-wage workers actually work for big corporations, most of which have largely recovered from the recession and could therefore afford to increase wages. The three largest employers of low-wage workers have all seen large profit increases in the last few years.

Second off, academic studies have shown that raising the minimum wage does not have a negative effect on employment. In fact, an analysis of state minimum wage increases showed that those states boosting their wage had job growth slightly above the national average.

The Facts on Raising the Minimum Wage When Unemployment Is High | Center for American Progress Action Fund

You guys really need to get over yourselves.
 
Old 12-06-2013, 05:45 PM
 
41,110 posts, read 25,755,378 times
Reputation: 13868
Quote:
Originally Posted by radiolibre99 View Post
No one is crying. We don't have billionaire industrialists astro-turfing movements like freedom works and funding think tanks and radio hosts. This has been class warfare from that start.
Sorry, people who make $200k are not billionaires. Obama didn't go after billionaires. You let him go after your people like you and you cheered him on while he did it. If you are going to attack people at least understand the definition and who you are attacking. Don't be so naive. Knowledge is power and this case lack of knowledge gave government power over you.
 
Old 12-06-2013, 05:45 PM
 
10,097 posts, read 10,018,617 times
Reputation: 5225
Quote:
Originally Posted by malamute View Post
You would only be robbing Peter to give to Paul.

The costs of a hamburger would rise to $15, fries would become $4.

All the non-fast food workers who didn't get a raise wouldn't be able to afford to eat out -- unless they're on food stamps and some restaurants would close.
There would be a slight increase in prices but you guys are going off the wall here. You guys are also thinking that only the minimum would see their share increase instead of this being the catalyst to lift all wages.

In this regard the companies should eat the difference. Rising prices are not a magical law of the market, but a response by business to a wage hike. Instead of learning all of your voodoo economics and getting canned answers from the right wing, you could do your own research.
 
Old 12-06-2013, 05:48 PM
 
41,110 posts, read 25,755,378 times
Reputation: 13868
Quote:
Originally Posted by radiolibre99 View Post
But you're framing it as though that's an attack on success. I think the entire premise is on how gains have gone to the top while the bottom remain stagnant.
Stop waiting around as if government can legislate prosperity because it can't. There are always consequences and you will not like them. Of course Obama is counting on you not to understand this and what the potential consequences are. Stay naive and easy oh and if you wait, you'll stay poor.
 
Old 12-06-2013, 05:55 PM
 
10,097 posts, read 10,018,617 times
Reputation: 5225
Quote:
Originally Posted by petch751 View Post
You mean like Obama gave the impression he is after "the rich". Well at least you understand he isn't after the rich.
No one that I know who is a level headed liberal progressive actually thinks the President is on the left's side what so ever. Maybe rhetoric wise (not even), but in practice a lot of us consider him a basic moderate, like Clinton.
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