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That isn't what this thread is about. It is about a $20 min wage. There isn't a burger flipper alive with $12 and hour let alone 20. They just dont produce anything of that value. Pay them $20 and what will that 1/4 pounder cost?
I think P&L reports may say something different from many fast food joints.
And because she had the audacity to express a viewpont under her 1st amendment rights she is now subjected to hate venom and vitriol and asked to leave the country.I'm not sure this is representitive of America becoming great again just a slide into the realms of racism/intolerance and hate.
That isn't what this thread is about. It is about a $20 min wage. There isn't a burger flipper alive with $12 and hour let alone 20. They just dont produce anything of that value. Pay them $20 and what will that 1/4 pounder cost?
What does a quarter pounder cost in Denmark where workers do get that? Less than in America...
You're greatly exaggerating the effects on inflation from a higher minimum wage.
Rep. Rashida Tlaib, D-Mich., called for a federal minimum wage of $20 per hour at an event in Detroit on Sunday night, prompting mockery from conservatives and threatening to force mainline Democrats in the 2020 presidential race to address the issue in upcoming debates.
Officially no minimum wages controlled by any government in Scandinavia.
However we have strong unions that negotiate with corporations on behalf of workers.
At this point "progressives" are being unserious and are just trying to get people riled up. Unfortunately for the Democratic party, this is seeping into their platform.
You win this thread. Red meat for the base of the Dem party.
Quote:
Originally Posted by PCALMike
$20 an hour by 2025 is only about 55-60% of GDP per capita, the national income by that time.
In 1968 it was 71% of GDP per capita. Today it is 24% of national income.
Few here will admit it because of their view from their high horse but it goes something like this: Lower skilled people are useless wastes of air who do not even deserve 7.25 an hour. Maybe they are worth .25 an hour.
(Yes I agree that $15 is unbalanced and 20 even more so. But the level of "let them eat cake" here is nauseating.)
Rep. Rashida Tlaib, D-Mich., called for a federal minimum wage of $20 per hour at an event in Detroit on Sunday night, prompting mockery from conservatives and threatening to force mainline Democrats in the 2020 presidential race to address the issue in upcoming debates.
As the election approaches, the dem politicians will be digging into Uncle Sam's bag of treats to feed to the ignorant. Unfortunately, that bag closes after November and the treats never come.
Rep. Rashida Tlaib, D-Mich., called for a federal minimum wage of $20 per hour at an event in Detroit on Sunday night, prompting mockery from conservatives and threatening to force mainline Democrats in the 2020 presidential race to address the issue in upcoming debates.
You win this thread. Red meat for the base of the Dem party.
Few here will admit it because of their view from their high horse but it goes something like this: Lower skilled people are useless wastes of air who do not even deserve 7.25 an hour. Maybe they are worth .25 an hour.
(Yes I agree that $15 is unbalanced and 20 even more so. But the level of "let them eat cake" here is nauseating.)
The free market determines labor's worth. Simple concept.
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