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Welcome to 2021. Perhaps you'd like to update your information from 1976?
In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.
One more thing...
Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.
Did this happen in Seattle?
Also automation has been happening since machines were invented.
It seems that way....
If productivity were truly tied to wages like they are supposed to be -- this talk about a $15 minimum wage wouldn't be so triggering to conservatives....
We should make wages lower so there will be more jobs......
Okay, I fail to see what other people make and how it affects your wage.No I don't want to make $6 bucks over minimum wage I am happy with $13 bucks over today.No, you think that it is sticking it to the rich. That’s why you carry their water.To them they don't care in there tiny minds they think they are sticking it to the richHow?And this is according to the Far Left CBO.
Undoubtably it would be a lot more.
Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.
Raising minimum wage to $15 would cost 1.4 million jobs, CBO says
Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.www.cnbc.com
That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.
Raising the minimum wage to a level employers won't pay and the market won't tolerate is the most direct method. You didn't think employers were just going to eat those increased labor costs, did you? Of course not, they'll increase prices, automate, or simply decrease staff (most likely, since it costs them nothing to lay people off). This isn't difficult. It's very clear what the end game is here.
Can you post to that .
Here is a visual...
What's the difference between this $7 dollar hamburger plate in Wyoming
View attachment 455635
And this $9 dollar hamburger plate in colorado?
View attachment 455635
So what? The minimum wage stayed at the same levels for a long time, yet the prices of burgers and everything else kept rising anyway,so you still have no point. Wholesale prices of beef and poultry actually rose after Saint Ronald of Reagan cleared the way for busloads of Mexican scabs were allowed to bust the strikes at the meatpacking plants. and wages got knocked down to shit levels. The looney lie that 'minimum wage' is why inflation is high is just stupid rubbish, not to mention a clear admission you hacks don't have a clue about labor costs as a percentage of total costs and just repeating memes fed to you by hack propagandists, same as left wing shills.
If the minimum wage had kept up with the increases in Social Security Checks since 2009, the wage would be $8.75 today. Not that much greater.
And most employers pay more than that now.
lol rubbish. It would be around $18 an hour, even more of one went by the gold standard, which woyld put it at around $30 an hour. Most employers pay far less than that.The govt. always under reports real inflation; it has a vested interest in lying about it, same as the Wall Street bankers do.
most of the increase in productivity is due to technological advancements not an increase in the skill of the labor force.It seems that way....Right wingers prefer to have more people on welfare for their bottom line and profit motive?We should make wages lower so there will be more jobs......
If productivity were truly tied to wages like they are supposed to be -- this talk about a $15 minimum wage wouldn't be so triggering to conservatives....
But thanks to Reaganomics, we have been programmed to believe wealth inequality is a good thing
View attachment 455431
You are the one claiming employers can simply expense a higher wage to increase their profit.Don't need to.
You misspelled "can't".
Your hypothetical makes no rational sense even without doing the math.
So use different numbers and post your results.
Be sure the first one is at $7.25/hour and the second is at $15/hour.
In other words, you want the equivalent to welfare for businesses so they can stay the same instead of become more competitive in modern times?You comparing home depot to the mom and pop hardware store?Don't need to. Your hypothetical makes no rational sense even without doing the math.Employee earnings are around thirty thousand at fifteen dollars an hour.The math proves my point not yours.Simply because You type it on the Internet?
Simply because ......math.
Business: $100,000 earnings at 21% tax rate pays how much in taxes? $21,000.
Employee: $10,000 earnings at 10% tax rate pays how much in taxes? $1,000.
$22,000 total.
Now subtract $10,000 from the business earnings and add it to the employee earnings.
Recalculate the taxes and post your results.
Why does any business have any problem raising wages if they can expense the cost for higher profit?
Employee earnings are around thirty thousand at fifteen dollars an hour.
In my example the worker isn't full time.
Still working on the math?
Recalculate the taxes and post your results.
Why does any business have any problem raising wages if they can expense the cost for higher profit?
You don't even need to take a economics course to see how silly you are.
So what? The minimum wage stayed at the same levels for a long time, yet the prices of burgers and everything else kept rising anyway,so you still have no point. Wholesale prices of beef and poultry actually rose after Saint Ronald of Reagan cleared the way for busloads of Mexican scabs were allowed to bust the strikes at the meatpacking plants. and wages got knocked down to shit levels. The looney lie that 'minimum wage' is why inflation is high is just stupid rubbish, not to mention a clear admission you hacks don't have a clue about labor costs as a percentage of total costs and just repeating memes fed to you by hack propagandists, same as left wing shills.
Our grocery bill went up big time after we made the decision to burn up our food supply for the gasoline additive ethanol. We did this to try and please our environmentalist friends on the left.
While ethanol is made from a variety of agricultural products, we feed our livestock these products as well. The more it costs to feed cattle, chickens, hogs, the more it costs when you slaughter them for meat products.
Okay, I fail to see what other people make and how it affects your wage.No I don't want to make $6 bucks over minimum wage I am happy with $13 bucks over today.No, you think that it is sticking it to the rich. That’s why you carry their water.To them they don't care in there tiny minds they think they are sticking it to the richHow?And this is according to the Far Left CBO.
Undoubtably it would be a lot more.
Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.
Raising minimum wage to $15 would cost 1.4 million jobs, CBO says
Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.
That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.
Raising the minimum wage to a level employers won't pay and the market won't tolerate is the most direct method. You didn't think employers were just going to eat those increased labor costs, did you? Of course not, they'll increase prices, automate, or simply decrease staff (most likely, since it costs them nothing to lay people off). This isn't difficult. It's very clear what the end game is here.
Can you post to that .
Here is a visual...
What's the difference between this $7 dollar hamburger plate in Wyoming
View attachment 455635
And this $9 dollar hamburger plate in colorado?
View attachment 455635
So what? The minimum wage stayed at the same levels for a long time, yet the prices of burgers and everything else kept rising anyway,so you still have no point. Wholesale prices of beef and poultry actually rose after Saint Ronald of Reagan cleared the way for busloads of Mexican scabs were allowed to bust the strikes at the meatpacking plants. and wages got knocked down to shit levels. The looney lie that 'minimum wage' is why inflation is high is just stupid rubbish, not to mention a clear admission you hacks don't have a clue about labor costs as a percentage of total costs and just repeating memes fed to you by hack propagandists, same as left wing shills.
If the minimum wage had kept up with the increases in Social Security Checks since 2009, the wage would be $8.75 today. Not that much greater.
And most employers pay more than that now.
lol rubbish. It would be around $18 an hour, even more of one went by the gold standard, which woyld put it at around $30 an hour. Most employers pay far less than that.The govt. always under reports real inflation; it has a vested interest in lying about it, same as the Wall Street bankers do.
lol rubbish. It would be around $18 an hour,
Why? Don't you know what inflation was since 2009? LOL!
The govt. always under reports real inflation;
But YOU know the real number.....that's funny.
Post your "real inflation" calculations, I'll look over them for you.
You are the one claiming employers can simply expense a higher wage to increase their profit.Don't need to.
You misspelled "can't".
Your hypothetical makes no rational sense even without doing the math.
So use different numbers and post your results.
Be sure the first one is at $7.25/hour and the second is at $15/hour.
Okay, I fail to see what other people make and how it affects your wage.No I don't want to make $6 bucks over minimum wage I am happy with $13 bucks over today.No, you think that it is sticking it to the rich. That’s why you carry their water.To them they don't care in there tiny minds they think they are sticking it to the richHow?And this is according to the Far Left CBO.
Undoubtably it would be a lot more.
Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.
Raising minimum wage to $15 would cost 1.4 million jobs, CBO says
Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.
That's the whole point for the Democrats. They want to transition low-wage workers from private payrolls to government welfare, where they can be more easily controlled and subjugated.
Raising the minimum wage to a level employers won't pay and the market won't tolerate is the most direct method. You didn't think employers were just going to eat those increased labor costs, did you? Of course not, they'll increase prices, automate, or simply decrease staff (most likely, since it costs them nothing to lay people off). This isn't difficult. It's very clear what the end game is here.
Can you post to that .
Here is a visual...
What's the difference between this $7 dollar hamburger plate in Wyoming
View attachment 455635
And this $9 dollar hamburger plate in colorado?
View attachment 455635
So what? The minimum wage stayed at the same levels for a long time, yet the prices of burgers and everything else kept rising anyway,so you still have no point. Wholesale prices of beef and poultry actually rose after Saint Ronald of Reagan cleared the way for busloads of Mexican scabs were allowed to bust the strikes at the meatpacking plants. and wages got knocked down to shit levels. The looney lie that 'minimum wage' is why inflation is high is just stupid rubbish, not to mention a clear admission you hacks don't have a clue about labor costs as a percentage of total costs and just repeating memes fed to you by hack propagandists, same as left wing shills.
If the minimum wage had kept up with the increases in Social Security Checks since 2009, the wage would be $8.75 today. Not that much greater.
And most employers pay more than that now.
lol rubbish. It would be around $18 an hour, even more of one went by the gold standard, which woyld put it at around $30 an hour. Most employers pay far less than that.The govt. always under reports real inflation; it has a vested interest in lying about it, same as the Wall Street bankers do.
lol rubbish. It would be around $18 an hour,
Why? Don't you know what inflation was since 2009? LOL!
The govt. always under reports real inflation;
But YOU know the real number.....that's funny.
Post your "real inflation" calculations, I'll look over them for you.
I know it's tough for morons to grasp, but I use pre-1973 oil shock values for the dollar, which still includes the relatively comparatively small inflation caused by the Viet Nam war. Post your vids of your lobotomy so we can see you 'calculating stuff' in real time. As for what real inflation is, merely double what the Feds claim it is and you will be close, a rule of thumb that holds for the last 50 years at least.
Really raySo what? The minimum wage stayed at the same levels for a long time, yet the prices of burgers and everything else kept rising anyway,so you still have no point. Wholesale prices of beef and poultry actually rose after Saint Ronald of Reagan cleared the way for busloads of Mexican scabs were allowed to bust the strikes at the meatpacking plants. and wages got knocked down to shit levels. The looney lie that 'minimum wage' is why inflation is high is just stupid rubbish, not to mention a clear admission you hacks don't have a clue about labor costs as a percentage of total costs and just repeating memes fed to you by hack propagandists, same as left wing shills.
Our grocery bill went up big time after we made the decision to burn up our food supply for the gasoline additive ethanol. We did this to try and please our environmentalist friends on the left.
While ethanol is made from a variety of agricultural products, we feed our livestock these products as well. The more it costs to feed cattle, chickens, hogs, the more it costs when you slaughter them for meat products.
Just right wingers pining for the good old days?Increase in mw bad, unions bad, sick days bad, vacation time bad, half hour lunch bad, breaks bad, overtime pay bad, fema bad. Got it.
Maybe.And this is according to the Far Left CBO.
Undoubtably it would be a lot more.
Any poor person who needs to work deserves this shit sandwich they are being served- if they actually voted for the Dems.
Raising minimum wage to $15 would cost 1.4 million jobs, CBO says
Raising the federal minimum wage to $15 an hour would cost 1.4 million jobs over the next four years, according to the Congressional Budget Office.
For the last 25 years every increase in the minimum wage was met by two threats from Republicans
That unemployment would go up and that businesses would fail.
In every case unemployment went DOWN and economic activity increased.
Do you know why?
When those at the bottom earn a bit more, they spend it increasing business activity.
Increased business activity increases employment and other economic indicators.
When you give those at the top a few extra buck they pay off bills and buy stocks neither of which contribute much to economic activity.
You are buying into a myth.
The right wing propaganda also babbles a lot about how it makes businesses automate jobs n stuff, never mind it had been doing that since the beginnings of the industrial revolution in the 18th century, when there was no minimum wage for over 300 years. lol they're just into kicking people around, is all; it makes them feel good about being feckless suckups at work all day and playing big business players on the innernnetz every night. As I said earlier, many of them don't like an inflation adjusted minimum wage because it makes their own wages look a lot less 'speshul'. The right wing Freeper and Town Hall shills are no more honest than the left wing shills are when it comes to economics. They're like those dumbass 'anti-union' Klan supporters who would fight to the death to preserve their extra nickel an hour chump change the bosses paid white workers over black workers, as if it raised their status or something.
With automation everything could of been automated in the 1980s if money was no object .
Increase in 1996 in the middle of the 2nd greatest economic expansion in historyWelcome to 2021. Perhaps you'd like to update your information from 1976?
In the Bush economic collapse lots of jobs were lost that never came back. Those people are now working those minimum wage jobs. Whether it is paying $15 for a kid for 6 hours a week or $15 for a 40 yo woman working 40 hours.
One more thing...
Every increase in the minimum wage since 1995 has been followed by significant increases in employment, economic activity, and stock values. Your masters want the increased stock values and the extra few bucks they don't want to pay their employees.
You need to do better homework. The last several federal MW increases were in what some call the worst recession in history, although I disagree with that living through the Reagan era when you couldn't even get a McDonald's job.
Increase in 1996 in the middle of the 2nd greatest economic expansion in history
Increases in 2006-2009 preceded the longest economic expansion in US history.
Really, it's just math. Which, I suppose, is why you're confused. Anyone who thinks 74M is more than 83M has definite math issues.
It has do do with your obvious math disability.Increase in 1996 in the middle of the 2nd greatest economic expansion in history
Increases in 2006-2009 preceded the longest economic expansion in US history.
Really, it's just math. Which, I suppose, is why you're confused. Anyone who thinks 74M is more than 83M has definite math issues.
What does 74 and 83 have to do with this? I never said anything about it. Merely pointing out that increasing wages for 3.5% of our workforce has nothing to do with the economy. You couldn't even make a case for it because there is no correlation.
It has do do with your obvious math disability.
So...
Given you obvious math disability your claims are obviously well, just wrong.
A person making , say, $10/hour gets an increase over several years to $15 per hour
What do you think that person does with the extra money?
That's right, he spends it. On groceries, washing machines, cars,...
Republicans with their tax cuts make these same claims then proceed to cut taxes for the 1%.
Increased spending at the bottom increases economic activity which increases hiring and decreases unemployment.
Every tax cut since Bush in 01 has made this claim.
If returning $40 at the endo of the year is supposed to increase economic activity imagine what increasing the paycheck by 50% will do.
