Into the Night
Contributor
Because the same thing happens. Jobs are lost. Price controls do not work.
What happens if Biden gets his $15 minimum wage passed?
- Thread starter T. A. Gardner
- Start date
Because the same thing happens. Jobs are lost. Price controls do not work.
In Seattle the high min wage tended to drive service quality into the ditch, which will tend to cut demand....."I am paying how much for this crap service in a hospitality business??!!".
Into the Night
Contributor
Here's a bunch of random numbers, that completely ignore market forces.
TexanManWithPlans
Verified User
Have you ever worked in a minimum-wage job? Many minimum-wage jobs are found at large corporations like McDonald's and Disney World, which can easily afford to pay their workers significantly more. Many small businesses actually pay their workers more than minimum wage, and the ones that do pay only minimum wage have many employees working under the table anyway. (Think restaurants, family-owned businesses, sweatshops, etc.)
The small businesses that do pay minimum wage will just keep paying it but under the table, and the large corporations that pay it will simply increase their employees' wages without blinking an eye.
Wrong of course. the min wage has been raised in many countries and also here. They have the data. it does not cause employment. https://www.businessforafairminimum...y make,more evidence that suggests employment
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...
Yup.
Obviously you're delusional.
The Democrat Party is the most dangerous gang of psychopaths since Nazi Germany.
Wake up.
So those countries also pay low skilled workers far more than they're worth, too?
Into the Night
Contributor
He calls everyone a sock.
Noking
Fight authoritarianism support Noking
You are quite generous with buffoonish tripe.
I can think of at least 5 that will automatically be relieved of their duties if such a wage goes in effect. If the government wants to forcibly increase costs on business, those costs can be cut immediately.
Criminal political parties aren't biological organisms; the Nazi Party was destroyed as was the Soviet Socialist.
See above - your analogy is moot. Stupid too?
Into the Night
Contributor
No, that would be you. You see, Big Macs are not a required item to buy. Prices are lower or higher because of demand. McDonalds already pays more than minimum wage in many places as it is. Price controls don't work.
I can tolerate conservatives better than I can tolerate liberals.
Democrats are in full Nazi mode, and have been for 5 years - this is very, very, VERY dangerous.
Anyone who can't see this obvious reality?
They're wearing partisan blinders.
They're also derailing/trolling the thread with irrelevant fallacies.
Also note that these *high paying* minimum wage jobs often can't be filled because no one can afford to live in the city at minimum wages.
One of the many stupidities of Democrats is thinking that doubling the wages of the working poor will suddenly make their housing affordable.
It won't.
Noking
Fight authoritarianism support Noking
Thank you
Powerful Democrat psychopaths want automation.
How to get automation?
Have their duped rank & file parrots clamor for $15/hr.
Oops - that caused people to be replaced with machines!
WHO could have seen THAT coming...
...cackle the powerful Democrat psychopaths on their way to the bank.
The same powerful Democrat psychopaths also want large numbers of unskilled/low wage illegals here, both to keep citizens desperately poor/wages low AND to swell Democrat voter rolls.
If the Democrats REALLY wanted wages to rise, they'd get tough on illegals.
But the Democrat Party is a crime gang - an even more dangerous and hypocritical crime gang than the Republican Party.
Your desire to assassinate the President of the United States and commit mass murder against millions of Americans is evil.
Your death will be a bad death, probably by your own hand, but possibly suicide-by-cop. Sad.