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Same happens when the government imposes tariffs on imported goods.
Which most seem to understand.
What most don't seem to understand is that when the federal minimum wage (or state specific minimum wage) increases, so do the costs of running said business. Which, those costs, are passed on to the consumer.
Biden not only plans to raise corporate taxes (small business are also corporations), he also wants to double down on his stupid with an increase in fed. min. wage to $15/hr.
If it's a smart policy, then why does no other nation in the world follow it?
I already answered that question.
Quote:
For Christ's sake, it's common sense. You bring in people who you know will be a BENEFIT to your country. This is especially necessary for a country that has a strong social-welfare state.
Now: why is your way better? Besides that it isn't "xenophobic" (who gives a crap?)
Your argument is basically an argument against more rapid population growth. As far as I can tell, your reasoning is:
More people coming in = more people taking jobs = more natives with fewer jobs.
What you don't seem to realize is that the people coming into the country taking jobs will have money to spend on things, thus creating other jobs elsewhere in the economy.
If it were the mere fact of some sort of strain of adding more people looking for jobs, then every time a teenager turns 18 or graduates from college at the age of 22 and sets out into the workforce, would have the same effect as somebody immigrating to the US and entering the workforce.
I don't hear you complain about 18 or 22-year-olds being added to the workforce, but for some reason you have a problem with immigrants being added to the workforce.
Ultimately both are just different kinds of population and workforce growth.
Obama deported more illegals than any previous president, but nobody noticed. Biden will too. All this talk about helping out illegal immigrants is just talk, nothing more.
No, he didn't! That's been debunked over and over in here. He counted those turned around at the border as deportations. He, via EO gave millions of them a stay of deportation via DACA and DAPA. He instructed Homeland Security not to deport any illegal aliens unless they were "convicted" criminals. His deportation record was dismal.
Also, the business owner can't just print money like the Feds. They have a finite amount of cash flow. It doesnt change just because the minimum wage goes to $15. The books have to balance. He can't just raise the price of what he's selling, because if people dont buy it, he's out of business. He has a set amount of cash flow for payroll. So when his hourly wages go up, the hours that his employees work will go down. Or he will have to fire employees and pile more work on his full timers.
Its basic economics.
Yep!
I'm a small business owner; people who aren't or have never taken a macro/micro econ class just don't seem to understand how it works. Or they're just that dumb.
If you're that easily replaced, that sounds like a personal issue.
Minimum wage should keep in line with the cost of living. No one should have to work 90 hours a week in order to pay their bills.
Typical alt-right, complaining about things before the new President even starts the job.
Let's not forget the old favorite, they're going to take our guns?
When illegals come here and work for less that's not a personal issue it's an unfair competition issue. I'm all for increasing the minimum wage as long as Biden secures our border and starts deporting illegal aliens but he wants to do the opposite so what good will it do to increase the minimum wage if the greedy employers have an endless supply of illegal aliens that the can pay less?
You want to talk about guns then start a topic on it.
Your argument is basically an argument against more rapid population growth. As far as I can tell, your reasoning is:
More people coming in = more people taking jobs = more natives with fewer jobs.
What you don't seem to realize is that the people coming into the country taking jobs will have money to spend on things, thus creating other jobs elsewhere in the economy.
If it were the mere fact of some sort of strain of adding more people looking for jobs, then every time a teenager turns 18 or graduates from college at the age of 22 and sets out into the workforce, would have the same effect as somebody immigrating to the US and entering the workforce.
I don't hear you complain about 18 or 22-year-olds being added to the workforce, but for some reason you have a problem with immigrants being added to the workforce.
Ultimately both are just different kinds of population and workforce growth.
Heheh, yeah, you "answered" that question. Because those countries are full of people who are "xenophobic." Uh-huh. That's some intelligent, penetrating analysis there.
Now: why is letting an unending stream of random poor people into your country a superior system to one that countries like Canada use? Answer the question.
What most don't seem to understand is that when the federal minimum wage (or state specific minimum wage) increases, so do the costs of running said business. Which, those costs, are passed on to the consumer.
Biden not only plans to raise corporate taxes (small business are also corporations), he also wants to double down on his stupid with an increase in fed. min. wage to $15/hr.
Same as trump imposing tariffs. Raised the cost of doing business. Some businesses folded went their imorted parts made them noncompetitive,
You bring in people who you know will be a BENEFIT to your country.
Quote:
Originally Posted by James Bond 007
Your argument is basically an argument against more rapid population growth. As far as I can tell, your reasoning is:
More people coming in = more people taking jobs = more natives with fewer jobs.
What you don't seem to realize is that the people coming into the country taking jobs will have money to spend on things, thus creating other jobs elsewhere in the economy.
If it were the mere fact of some sort of strain of adding more people looking for jobs, then every time a teenager turns 18 or graduates from college at the age of 22 and sets out into the workforce, would have the same effect as somebody immigrating to the US and entering the workforce.
I don't hear you complain about 18 or 22-year-olds being added to the workforce, but for some reason you have a problem with immigrants being added to the workforce.
Ultimately both are just different kinds of population and workforce growth.
I would also like to add, what BENEFIT does an 18-year old add to your country?
If an 18-year-old just out of high school confers some sort of BENEFIT to the US and its economy, then some worker with a high school education immigrating from Honduras or the Philippines confers the same BENEFIT.
No one has the right to hire illegal aliens no matter how hard they "seem" to work. They have reduced wages by working for less. They all need to be deported and wages will rise for hard working Americans.
Trump hired them at Mar-a Lago. Blame him for the problem. He should have done something about it instead of playing golf, tweeting, and watching Fox news all day.
No, it's because your ideas are f#$ckin' stupid. You want more Democrat voters, and that's all that it's about.
Maybe we'll get them, too. George W. Bush tried to get all of the illegals naturalized to create a permanent block of voted for the GOP, but Congress shut him down. Joe might succeed.
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