$15 minimum wage would destroy 1.4 Million jobs

Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
 
Meh - Biden's plan is a slow PHASE-IN. It would destroy nothing and cost very little. Had the minimum wage kept up with inflation, it would be $24 an hour at present. Try supporting a family as a single parent (let alone yourself) on $7.25 an hour (15 grand a year) and let us know how that goes.
So you want communism, after all 70% of workers make $25 or less
This is the problem in our first world economy.

A simple solution is equal protection of the laws for unemployment compensation in our at-will employment States and the Institutional upward pressure on wages equal protection of the laws can engender even for the Poor "who don't even register" on that scale, under our form of Capitalism where those with the most Gold make the most rules.

“The law, in its majestic equality, forbids rich and poor alike to sleep under bridges, to beg in the streets, and to steal their bread.”

― Anatole France

We should have no homeless problem in our first world economy.
 
If a job can't pay even $15 an hour, then it's not a real job and doesn't need doing.

Says who? If I want to take a job making less than that, why is it anyone else's business?
Greed is Good under Capitalism. You are simply a lousy capitalist if you are not trying to maximize your profit.
"Greed" is good under any system of economics. If you are not operating at a "profit"= Gain, then you are operating at a loss. It's a case of positive versus negative.

Take your personal finances~household operation. If you spend more than you make, you are operating at a loss, i.e. unprofitably. Eventually this will catch-up to you in declined credit rating = no more credit allowed and you will not remain solvent for long unless you change what you are doing. That is spend less and live within your income, budget better.

In the case of a business, the same applies. Operate too long without profit and you are out of business. If you had employees, they are out of a job. On the other hand, profit allows you to grow and expand, which can often mean being able to hire more employees, create more jobs.

Even "socialist" systems need to operate at a profit or 'stuff will hit the fan'. The former USSR ran deficit and debt, no-profit, for too long and then collapsed.

The adage (line from a movie) that "Greed is good.", could also be expressed that profit is good.

If your enterprise, whether a business or personal finances are not profitable, than you are failing yourself, any employees you have and those whom extended you credit to operate on in hopes you would eventually be profitable and pay them back.

Being non-profitable is being a burden upon others and society.
 
A case in point is the self-employment/small business venture I engaged in back during the mid 1980s.

As sub-contracted part of another persons business, delivering furniture purchases people made from a small chain of local furniture stores. I paid him a percentage of my gross revenues, based upon a scale of fees charged per type of furniture and/or distance (radius) from the store I operated out of.

I also had to cover operating expenses of the small truck I used. Also, I hired a guy to help carry the furniture (other end of the sofa say) and paid him minimum wage at the start, hoping I might be able to give him a raise later if things went well. After all these expenses/costs, what was left was the profit which I got as my "wage" to live off of.

I invoiced and was paid on a weekly basis. There were many weeks when my hired help got a bigger paycheck than I did. Most of the time, he just rode in the passenger seat from one stop to the next, reading the paper or his book, doing "window time". All he had to do was show up each day and help out a few moments through the work day.

I on the other hand was the one taking the risks and sometimes sweating bullets wondering if there would be enough business/income to cover it all and leave me anything when the day/week was done.

I had no guarantees, and that's the case with most businesses. Part of why so many will fail within the first few years, or later on if the customers don't come through the door (so to speak) and spend enough on the goods and/or services you offer to cover your costs/expenses and provide enough profit to make it worth staying in business and feed your family, cover your rent/mortgage.

I'm sure my helper thought he should be paid more, but he wasn't sharing the costs of the operation nor taking any of the risks. When it came time for me to fold and bail out of the contract, not making enough to live off of, he didn't offer to help pay off the debt and liabilities that remained.
 
The anti-competitive aspect of minimum wage laws is conveniently ignored. They prevent poor people from competing for jobs with what is often the only advantage they possess - the willingness and ability to work for less. This is by design.
 
Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

So no answer? You must think it would work. It's the same logic as declaring a minimum wage, so I'm not surprised.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can.
Good thing he can't do that, eh?

Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.

No. They didn't.
And you are completely ignorant of the topic you are woefully attempting to discuss.

Here's the thing little one.
If you're going to debate, you gotta have a set of facts.
You don't.
 
Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

So no answer? You must think it would work. It's the same logic as declaring a minimum wage, so I'm not surprised.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can.
Good thing he can't do that, eh?

Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.

No. They didn't.
And you are completely ignorant of the topic you are woefully attempting to discuss.

Here's the thing little one.
If you're going to debate, you gotta have a set of facts.
You don't.

Coming from you, that's especially hilarious.
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
Actually, it prevent an influx of cash at the bottom creating an inflationary run similar to the 80s.

I can indeed dictate the value of labor by passing a law. Those laws have been passed since 1933. And....SURPRISE the minimum wage doesn't only apply to burger flippers. I know, crazy isn't it! People who make low wages don't just flip burgers. Some sort garbage at recycling plants, some work cleaning hotels. Perhaps you'd be better to expand you understanding of the labor market.

Well no, you can't. Because I was working at a burger flipper job when the minimum wage went up, and the first thing they did was lay off 3 employees. The minimum wage is always zero.

If they laid 3 people off then they STUPIDLY had3 more employees than needed.

NOW let us consider....

Do we think they are stupid....

OR

Do we think you are full of shit?

Um, Alex, we'll take "full of shit" for the win!

So, I take it from your ignorance based statement, that you know very little about running a business.

No business runs so close cut to the wire. It's dangerous to do that.

If you have a store that requires exactly 5 people to operate, and you only hire exactly 5 people... what happens when one person is sick, and can't come in?

Do you shut down the entire store for the day? What happens when a person quits or goes on vacation? Do you shut down the entire store until you get a replacement?

So typically you have more people hired on, than the minimum you need to operate.

Additionally, many companies have filler positions. Positions that are not required, but serve to keep someone around if needed.

Seriously... do you really think that Walmart Greeters are absolutely required to operate the store? No. But if someone calls off, and they need an extra hand, a greeter can fill in the gap.

This is normal.

The reason they fired 3 people at my store, was because they had a opening shift, an evening, and a mid-shift. They cut back each shift by one person.

How did that work? Well each of us, was required to work more, and cover what that extra person did.

I don't know why you would think that is a crazy concept.
What, fool, happens when 2 get sick, or 3 , or....

Only morons keep extra staff around on the off chance someone might get sick.

And

Yeah, I'm sure the 92 year old woman handing me a towel to wipe the cart is on her way out to the parking lot to push carts.

You are 100% oblivious to the operations of any business.
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
Actually, it prevent an influx of cash at the bottom creating an inflationary run similar to the 80s.

I can indeed dictate the value of labor by passing a law. Those laws have been passed since 1933. And....SURPRISE the minimum wage doesn't only apply to burger flippers. I know, crazy isn't it! People who make low wages don't just flip burgers. Some sort garbage at recycling plants, some work cleaning hotels. Perhaps you'd be better to expand you understanding of the labor market.
I do I am on the job boards at least once a day looking for my next gig , and I call you a liar not many jobs pay minimum wage in red States with the exception of waitresses who get tips

OH WOW! You spend every day on job boards looking for box folder jobs and THAT makes you an expert on the job market!

Your stupidity is breathtaking.
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.
No refuting me? I can prove the minimum wage laws across the globe was started to keep negroes and China men from stealing the white man's job
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.

“In 1925, a minimum-wage law was passed in the Canadian province of British Columbia, with the intent and effect of pricing Japanese immigrants out of jobs in the lumbering industry.

A Harvard professor of that era referred approvingly to Australia’s minimum wage law as a means to “protect the white Australian’s standard of living from the invidious competition of the colored races, particularly of the Chinese” who were willing to work for less.
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.

In South Africa during the era of apartheid, white labor unions urged that a minimum-wage law be applied to all races, to keep black workers from taking jobs away from white unionized workers by working for less than the union pay scale.”
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.
In 1966, Milton Friedman wrote an op-ed for Newsweek entitled "Minimum Wage Rates." In it, he argued "that the minimum-wage law is the most anti-Negro law on our statute books." He was, of course, referring to the then-present era, after the far more explicitly racist laws from the slavery and segregation eras of United States history had already been done away with. But his observation about the racist effects of minimum wage laws can be traced back to the nineteenth century, and they continue to have a disproportionately deleterious effect on African-Americans into the present day.

The earliest of such laws were regulations passed in regards to the railroad industry. At the end of the nineteenth century, as Dr. Walter Williams points out, "On some railroads — most notably in the South — blacks were 85–90 percent of the firemen, 27 percent of the brakemen, and 12 percent of the switchmen."1
 
Pretty sure the proposal is for graduated increases over several years.
If you've other information please source it.
And why would that be, if not to mitigate the negative impact and give the market time to adjust? And that's the thing - the market will adjust. You can't just dictate the value of labor (or anything else) by passing a law. Once things settle, the relative value of low wage workers will be the same. To put it another way, when the government decrees that a $10/hr job will now pay $15/hr, all they've really said is that $15 is now worth $10. The real value of the labor in doesn't change. If society doesn't value burger-flipping enough for someone to raise a family flipping burgers, when all is done, whatever games you play with the numbers, society still won't value burger-flipping enough for someone to raise a family flipping burgers.
And after the dust settles, they'll be back, complaining that $15/hr isn't enough and they'll want $20.
And in 12 years $15 may, in fact, not be enough. So, what exactly is your point?

Same as my point earlier. Artificial price fixing doesn't change the relative value of anything. After the market adjusts (inflation) the relative value of the goods or services in question will remain the same.

Let me ask you - if we passed a law adding a zero to all denominations of our money (eg $1 = $10, $10 = $100, etc..) do you think that would make us all ten times wealthier? Or would it be a pointless gesture what would accomplish nothing?

Geez. the need to educate the barely literate.

A rich guy needs a hole dug.
What is the value of that labor to him?
WRONG
The value is ZERO. He will force someone to do it for free if he can. Look back into the coal mines and migrant labor abuses if you doubt that.
The minimum wage and strong laws supporting unions create more balance in the labor-owner mix.
FYI you ignorant twat the minimum wage laws in the USA and across the world was started to keep minority's from stealing the white man's job
And, once again, you display a level of ignorance that is absolutely unimaginable in a sentient being.
Why you running away from me?


.
 
The anti-competitive aspect of minimum wage laws is conveniently ignored. They prevent poor people from competing for jobs with what is often the only advantage they possess - the willingness and ability to work for less. This is by design.
And they FINALLY state the truth.

They want the poor to compete for LOWER WAGES.

And tell me, speaking for all those opposed to the minimum wage...

Just How Low Will You GO?

$5
$2
How little can you get away with paying a starving person so they can eat?
How about lunch and a place to stay?
That's what they did to the coal miners?
That really is what you want isn't it?
Slave Labor without to problems of being a Slave Owner.
 
The anti-competitive aspect of minimum wage laws is conveniently ignored. They prevent poor people from competing for jobs with what is often the only advantage they possess - the willingness and ability to work for less. This is by design.
And they FINALLY state the truth.

They want the poor to compete for LOWER WAGES.

And tell me, speaking for all those opposed to the minimum wage...

Just How Low Will You GO?

$5
$2
How little can you get away with paying a starving person so they can eat?
How about lunch and a place to stay?
That's what they did to the coal miners?
That really is what you want isn't it?
Slave Labor without to problems of being a Slave Owner.

And tell me, speaking for all those opposed to the minimum wage...

Just How Low Will You GO?


Why do you hate poor, unskilled workers?
 
The anti-competitive aspect of minimum wage laws is conveniently ignored. They prevent poor people from competing for jobs with what is often the only advantage they possess - the willingness and ability to work for less. This is by design.
And they FINALLY state the truth.

They want the poor to compete for LOWER WAGES.

And tell me, speaking for all those opposed to the minimum wage...

Just How Low Will You GO?

$5
$2
How little can you get away with paying a starving person so they can eat?
How about lunch and a place to stay?
That's what they did to the coal miners?
That really is what you want isn't it?
Slave Labor without to problems of being a Slave Owner.
Tell us where those jobs are fuck face?

I will work for $2 bucks an hour if the job is interesting enough, I will undercut the competition and paid my resume
 
The anti-competitive aspect of minimum wage laws is conveniently ignored. They prevent poor people from competing for jobs with what is often the only advantage they possess - the willingness and ability to work for less. This is by design.
And they FINALLY state the truth.

They want the poor to compete for LOWER WAGES.

And tell me, speaking for all those opposed to the minimum wage...

Just How Low Will You GO?

$5
$2
How little can you get away with paying a starving person so they can eat?
How about lunch and a place to stay?
That's what they did to the coal miners?
That really is what you want isn't it?
Slave Labor without to problems of being a Slave Owner.
You twisted fuck. You want them to go without job instead? If they can't make as much as you think is "minimal" - fuck 'em. They can't work.


It's none of your FUCKING business how much someone else make. Piss off.
 

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