Liar.
What happens if Biden gets his $15 minimum wage passed?
- Thread starter T. A. Gardner
- Start date
Liar.
Maybe you went to those continents under a different ID than the one you decided to resurrect in mid-October when it appeared Trump was going to lose?
Join Date: Jan 2021
Did you forget which ID you were using?
Why should I give you anything that you can search for yourself in Google, since you can't even be honest with me under this new sock you created?
Why did you create this new sock? Did you get tired of being embarrassed?
T. A. Gardner
Serial Thread Killer
The problem with this reasoning is that many things are not mandatory or non-optional as part of our economy. That is, if what your company does isn't critical or absolutely necessary to society, then you may very well go bankrupt and NOBODY will choose to do what you did in your stead.
The other likelihood is that you get replaced by a machine.
McDonald's counter help? Don't need you anymore. You were replaced by a kiosk.
So, I the owner got rid of say 8 positions to keep my other 6 and my payroll overall stays the same. I didn't go bankrupt, but I did create 8 newly unemployed people now living in poverty. So, your whole theory there needs some serious revision.
And, the economy won't boom. Sure, those below $15 an hour now make more, but those at or above $15 an hour now feel slighted by the fact that their higher skill levels are underappreciated and they too want raises. That all costs money and raises the price of goods and services. In the end, the economy takes a hit and then settles back to steady state. The artificial wage increase is adjusted for and everybody ends up back were they were before it happened. Sure, now a $5.00 burger costs say $9.50, but that's the market price at a $15 minimum wage...
Hoosier Daddy
Verified User
good thing you get almost everything wrong!! minimum wage has not been raised in 12 years.....and wages have remained fairly constant during that time, and yet productivity has gone up, and huge historic profits for so many companies have occurred, and the number of millionaires in the country has gone through the roof during that time. almost all workers get MORE THAN MINIMUM WAGE RIGHT NOW, STUPID. and there are exceptions for small companies and for other reasons, to maintain the minimum wage.
Yes, Democrats held majority almost every time ... - PolitiFactwww.politifact.com › factchecks › feb › facebook-posts
Claim: Since 1938 the minimum wage has been increased "23 times" and was raised "21 times during Democratic congresses, and only twice during Republican ones."
Claimed by: Facebook posts
Fact check by PolitiFact: Mostly True
Red Jenkins
Verified User
do you kiss your mother with that mouth?
or do you reserve it for those times when you don't have to cash the checks it writes?
idiot.
you do know burgernomics was never meant to show you what you are suggesting anyway, it had to do with currency discrepencies. https://www.economist.com/big-mac-i...t83QMgjblng8svUf7iBoCUJMQAvD_BwE&gclsrc=aw.ds
it is a currency comparison tool. not a minimum wage works tool, dumb dumb.
Reopening will create a boom for a period of time regardless of the "knows how to handle a natural disaster"... (We know that is wishful thinking from what we hear from his former chief of staff, but hey... I'm willing to give him a chance... maybe he learns from his failures and could do it better now).
Hoosier Daddy
Verified User
The problem with this reasoning is that many things are not mandatory or non-optional as part of our economy. That is, if what your company does isn't critical or absolutely necessary to society, then you may very well go bankrupt and NOBODY will choose to do what you did in your stead.
The other likelihood is that you get replaced by a machine.
McDonald's counter help? Don't need you anymore. You were replaced by a kiosk.
So, I the owner got rid of say 8 positions to keep my other 6 and my payroll overall stays the same. I didn't go bankrupt, but I did create 8 newly unemployed people now living in poverty. So, your whole theory there needs some serious revision.
And, the economy won't boom. Sure, those below $15 an hour now make more, but those at or above $15 an hour now feel slighted by the fact that their higher skill levels are underappreciated and they too want raises. That all costs money and raises the price of goods and services. In the end, the economy takes a hit and then settles back to steady state. The artificial wage increase is adjusted for and everybody ends up back were they were before it happened. Sure, now a $5.00 burger costs say $9.50, but that's the market price at a $15 minimum wage...
how many people were hired to make those kiosks? yes, automation is going to replace low skill workers. it has already and will do it even more. we are going to have to figure out how to deal with this...but the answer is not HAVING A RIDICULOUSLY LOW MINIMUM WAGE.
your paranoid delusions make you look like a raving idiotic lunatic.
your arrrogance and narcissism think I would change my username why again?
Why would I not post as who I am? what purpose? just put me on ignore if you are too much a pussy to deal with me and my one and only account.
T. A. Gardner
Serial Thread Killer
Far fewer than the people the kiosks replaced.
most of that machine was built through automation, and the 20 workers involved would not replace the thousands lost at mcdonalds to this machine. you really have no concept of scale do you?
Hoosier Daddy
Verified User
why do you think so much about kissing your mother? how old are you, mama's boy?
Bullshit.
McDonald's has been using those automated terminals in some locations for at least 10 years.
Ah, but did you? Because of the increase in the MW, that naturally leads to an increase in demand, particularly for your hypothetical business here.
So they won't have to cut jobs at all and in fact may need to hire more workers because of the increase in demand caused by higher wages at the bottom. More people have more money to spend. If you run your business well and provide a good product people want, they will flow to your business and increase your revenues.
That's the part of the equation you either don't consider, don't know about, or do and are obscuring it because you're a sophist.
It’s not going to open all at once, Damo. It’s going to be a controlled opening. It will be nice to have experts advising Biden. He has appointed competent people. People who really have experience in their departments. Did his chief of staff have anything to say about them?
Hoosier Daddy
Verified User
hey, dumbass- these kiosks ARE ALREADY THERE with a ridiculously low minimum wage...and you are worried about it happening after?
I dunno, you tell me. You were the one who was compelled to create a brand new JPP account this month to posture.
So why did you create this new account, anyway?
What did you say or predict under your other IDs that made you create this one?
Lol, about Danny O’Brien, he had nothing but praise for Biden until he became a Fox lobbyist. Do you think that had anything to do with any criticism he has now?
clearly you have no understanding of how shit works. if you have shut these small businesses down for almost a year, how do you expect them to pay 15 bucks and hr?