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The left is currently trying to attack big corporations again. Their ammunition this time? The mass layoffs that will occur when minimum wage is increased to $15. Big business and small business will suffer, and guess who's to blame? BIG OL' GUBMENT for allowing for-profit companies. So now wages must be maintained and jobs must stay so what do we do? Start phasing out public corporation and start phasing in Federally owned enterprises on a large scale.
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May 5, 2015 00:53
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| # ? Apr 29, 2024 09:54 |
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Good.
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May 5, 2015 00:55
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I can't tell if the OP is serious or just a poo poo attempt at humour. Either way, a living wage is a good thing and I hope it soon develops into a basic minimum income. Thanks, God bless.
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May 5, 2015 00:56
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LeoMarr posted:So now wages must be maintained and jobs must stay so what do we do? Start phasing out public corporation and start phasing in Federally owned enterprises on a large scale. I, for one, welcome our new communist overlords
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May 5, 2015 00:59
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Venomous posted:I, for one, welcome our new communist overlords
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May 5, 2015 01:01
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LeoMarr posted:The left is currently trying to attack big corporations again. Their ammunition this time? The mass layoffs that will occur when minimum wage is increased to $15. Big business and small business share holders will suffer, and guess who's to blame? BIG OL' GUBMENT for allowing public shareholder companies. So now profits must be maintained and growth must continue so what do we do? Start phasing out public corporation and start phasing in Federally owned enterprises on a large scale. Fixed that, more truthy.
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May 5, 2015 01:01
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Unions are the worst and the cause of every single problem in business.
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May 5, 2015 01:02
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Buckwheat Sings posted:Unions are the worst and the cause of every single problem in business. But I have no union yet workers still want raise? What do? Must be union postman....
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May 5, 2015 01:05
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A high Minimum wage is a bad policy, we should have a low minimum wage and generous EITC. We want people to find employment and we want them to receive a more money.
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May 5, 2015 01:09
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Venomous posted:I, for one, welcome our new communist overlords 
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May 5, 2015 01:10
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I hope one day we are waging war on countries to instill a living wage
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May 5, 2015 01:12
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Foma posted:A high Minimum wage is a bad policy, we should have a low minimum wage and generous EITC. We want people to find employment and we want them to receive a more money. This. 15 USD is loving ridiculous.
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May 5, 2015 01:19
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thehomemaster posted:This. why tho?
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May 5, 2015 01:22
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Feral Integral posted:why tho? 10 employes all making 10 dollars is 100 dollars an hour for staffing bam 15 bucks minimum wage now. 7 employees making 15 dollars is 105 dollars an hour So can 7 people spend more with 1/3rd more income If having 15 minimum wage jump your tax bracket to have about 1/3rd of your income gone every month on taxes alone. And after they nuke the employment all the products jump by a % margin to make up for that 5 dollars or 10 dollars, or whatever the difference in wage is for the employees. So by an average there would be 30% more unemployment for low wage earners. WAR CRIME GIGOLO fucked around with this message at 01:35 on May 5, 2015 |
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May 5, 2015 01:29
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Imagine thinking "this is a bad idea" and still being able to look in the mirror at yourself and not be like WELP I'M A TERRIBLE PERSON SEE YOU LATER.
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May 5, 2015 01:30
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LeoMarr posted:10 employes all making 10 dollars is 100 dollars an hour for staffing Workers being parasites that do nothing for companies, anything that fires them is good for the economy.
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May 5, 2015 01:30
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THATCHER BRAINWASH posted:Imagine thinking "this is a bad idea" and still being able to look in the mirror at yourself and not be like WELP I'M A TERRIBLE PERSON SEE YOU LATER. rofl yeah let's just base all decisions on emotions, that's sound Minimum wage in Australia is like $16 an hour, that's $16 AUD not loving $15 USD. Lower costs of living (healthcare, housing, education but make sure they are actually decent) and then you wouldn't need some arbitrarily high wage rate that will gut small to medium businesses.
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May 5, 2015 01:32
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LeoMarr posted:10 employes all making 10 dollars is 100 dollars an hour for staffing So a company had ten workers doing work that could be accomplished with 7? Managers should be fired for incompetence.
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May 5, 2015 01:35
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thehomemaster posted:rofl yeah let's just base all decisions on emotions, that's sound Yes crab bucket mentality is a much sounder form of economic analysis
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May 5, 2015 01:35
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thehomemaster posted:rofl yeah let's just base all decisions on emotions, that's sound Yes if we actually were a home grown economy that wasn't based on services instead of goods we probably wouldn't need to have a $15 an hour wage. The clickbait in a sense is the big number mindset. I'm making more money even though I am spending way more.
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May 5, 2015 01:36
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lol at the idea that the opposition to raising the minimum wage is out of a desire for sound policy.
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May 5, 2015 01:38
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thehomemaster posted:This. agreed. $20 minimum wage now!
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May 5, 2015 01:38
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LeoMarr posted:Yes if we actually were a home grown economy that wasn't based on services instead of goods we probably wouldn't need to have a $15 an hour wage. http://www.dol.gov/minwage/mythbuster.htm
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May 5, 2015 01:39
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remember that mass spiral of inflation and unemployment that happened the last time we raised the minimum wage? Or the ten times before that? No? Huh. I bet you could go back and find some shitstain saying 40 cents a day is too much.
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May 5, 2015 01:40
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Foma posted:A high Minimum wage is a bad policy, we should have a low minimum wage and generous EITC. We want people to find employment and we want them to receive a more money. Why do you want the government to subsidize low-wage jobs?
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May 5, 2015 01:41
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Badger of Basra posted:Why do you want the government to subsidize low-wage jobs? Because I want people who are unemployed to find work and I want those people to get a decent amount of income as well.
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May 5, 2015 01:43
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 (USER WAS PUT ON PROBATION FOR THIS POST)
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May 5, 2015 01:44
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Foma posted:Because I want people who are unemployed to find work and I want those people to get a decent amount of income as well. Lowering the minimum wage will not lead to more people getting hired.
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May 5, 2015 01:44
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LeoMarr posted:10 employes all making 10 dollars is 100 dollars an hour for staffing Businesses generally employ as few people as possible to keep their costs low. They pay as little as the market will bear as well (since there is a great deal of unemployment, they can basically go to near-zero for nonskilled labor if there are no regulations in place). Business owners then take the excess of revenue over costs as something called "profit." Increasing the minimum wage may force some cuts and price increases, but businesses won't just lay off 30% of their labor force; that is an inane presumption. At least some of the pressure, in fact probably most, would go to reduced profits, price increases, etc. You're applying a middle school understanding of math and economics to an issue that is actually very complex. Everyone is cringing and laughing.
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May 5, 2015 01:45
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Foma posted:Because I want people who are unemployed to find work and I want those people to get a decent amount of income as well. Higher Min wage seems like a pretty good incentive. Inflation comes later if a bunch of bankers piss the bed when the poor's knock down their lawn ornaments.
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May 5, 2015 01:45
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Foma posted:Because I want people who are unemployed to find work and I want those people to get a decent amount of income as well. Sounds like a recipe for inflation and out of control budget deficits imo.
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May 5, 2015 01:46
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Those minimum wage workers aren't going to use the extra money. They're just going to burn the $5 note and there's no way they would spend it on goods and services provided by small businesses. If anything just shoot the workers so job creators can make fatter stacks.
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May 5, 2015 01:47
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Vox Nihili posted:Businesses generally employ as few people as possible to keep their costs low. They pay as little as the market will bear as well. Business owners then take the excess of revenue over costs as something called "profit." Increasing the minimum wage may force some cuts and price increases, but businesses won't just lay off 30% of their labor force; that is an inane presumption. hahaha you sure about that? I know at least 5 businesses that would nuke their labor force to bring profits back up. IF you're paid $15 an hour you're going to be expected to do the world of 1.50   Interesting how the minimum wage and employment levels nearly sync when you look at the annual wage increases.
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May 5, 2015 01:47
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Yes, truly Jewish miser caricatures are the impetus behind minimum wage raising propositions, you got me there.
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May 5, 2015 01:48
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The min wage will be tied to inflation and the rivers will be of blood whilst the angels weep.
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May 5, 2015 01:49
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LeoMarr posted:hahaha you sure about that? I know at least 5 businesses that would nuke their labor force to bring profits back up. IF you're paid $15 an hour you're going to be expected to do the world of 1.50 congrats you know 5 poorly run businesses
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May 5, 2015 01:49
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LeoMarr posted:hahaha you sure about that? I know at least 5 businesses that would nuke their labor force to bring profits back up. IF you're paid $15 an hour you're going to be expected to do the world of 1.50 If they could fire people to increase profits without it affecting their products or services then why aren't they doing it right now and making their shareholders more money like they're supposed to? So you've got charts showing that cyclical unemployment occurs and that the minwage has increased over time, congrats. paragon1 fucked around with this message at 01:51 on May 5, 2015 |
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May 5, 2015 01:49
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I think we need fiscal responsibility and tight belts. it's about time america growed up. We need to get serious about budget slippage and about government waste. Quoth the raven, "Vouchers," and I knew in my heart-of-hearts that blessed bird was right!
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May 5, 2015 01:49
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LeoMarr posted:hahaha you sure about that? I know at least 5 businesses that would nuke their labor force to bring profits back up. IF you're paid $15 an hour you're going to be expected to do the world of 1.50 They teach you about the difference between real and nominal dollars in high school, don't they?
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May 5, 2015 01:50
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Hey look raising the mimum wage is fine, but $15 bucks an hour? Nah, get out.
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May 5, 2015 01:50
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