Does AOC know $15 minimum wage in states like Mississippi will put people out of work?

[rightwinger]

Plus ignorant of business people don't seem to realize that raising to $15.00 means actually in one year for McDonald's 218,000 employees McDonalds' franchise owners
will pay nearly another $500 million in payroll taxes...i.e. 6.2% of $15.00 x 40 x 218,000 x 52 weeks.

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

 

[U2Edge]

Plus ignorant of business people don't seem to realize that raising to $15.00 means actually in one year for McDonald's 218,000 employees McDonalds' franchise owners
will pay nearly another $500 million in payroll taxes...i.e. 6.2% of $15.00 x 40 x 218,000 x 52 weeks.

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

 

[boedicca]

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

That's nonsense. What we have now is rampant inflation and lowered living standards because of bogus "official" inflation stats that are used to justify the obscenely low interest rates that minimize government debt service and enable big bankster profits.

 

[boedicca]

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

That is nonsense. High income earners typically do not get COL increases. They receive increases based on their performance and the market value of their jobs.

 

[rightwinger]

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

We should have set a minimum wage decades ago and tied it to an inflation metric.
If we had, minimum wage would be over $15 an hour

By leaving it to Congress, it is $7.25

 

[boedicca]

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

We should have set a minimum wage decades ago and tied it to an inflation metric.
If we had, minimum wage would be over $15 an hour

By leaving it to Congress, it is $7.25

Dood. Inflation stats are not reliable. They cook the books.

 

[rightwinger]

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

That's nonsense. What we have now is rampant inflation and lowered living standards because of bogus "official" inflation stats that are used to justify the obscenely low interest rates that minimize government debt service and enable big bankster profits.

Gold fluctuates wildly and is priced based on speculation. It has no real value

The US dollar today is the gold standard for the world

 

[rightwinger]

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

We should have set a minimum wage decades ago and tied it to an inflation metric.
If we had, minimum wage would be over $15 an hour

By leaving it to Congress, it is $7.25

Dood. Inflation stats are not reliable. They cook the books.

LOL....sounds like Trump unemployment numbers

 

[danielpalos]

Most McDonald's workers in 1968 probably knew how to work. Today, anything more than pushing a button is bound to lead to an emotional breakdown!

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

People making over $100,000 a year always get a cost of living adjustment typically. Why shouldn't people making minimum wage get the same adjustment. Why do people making minimum wage deserve to fall behind, but no someone making $100,000 dollars a year.

That is nonsense. High income earners typically do not get COL increases. They receive increases based on their performance and the market value of their jobs.

The gap between the rich and poor can be illustrated by the fact that the three wealthiest individuals in the world have assets that exceed those of the poorest 10 percent of the world's population.[citation needed] The net worth of the world's billionaires increased from less than $1 trillion in 2000 to over $7 trillion in 2015 so the gap is increasing dramatically.--Distribution of wealth - Wikipedia

The right wing only complains about raising wages for the Poor and blame them for inflationary tendencies.

 

[boedicca]

In 1968, most McD's workers were teenagers. Entry level jobs were great training for teenagers to learn a good work ethic. These jobs were never meant to enable someone to support a family.

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

That's nonsense. What we have now is rampant inflation and lowered living standards because of bogus "official" inflation stats that are used to justify the obscenely low interest rates that minimize government debt service and enable big bankster profits.

Gold fluctuates wildly and is priced based on speculation. It has no real value

The US dollar today is the gold standard for the world

You are sorely delusional. The U.S. dollar is a fiat currency with the only backing being an increasingly insolvent Federal Government. That is why inflation is rampant but under reported.

 

[dblack]

The basic conceit of minimum wage is that it mandates higher wages. But it doesn't do that. It simply bans lower wages. That's not the same thing.

 

[rightwinger]

That's not the point. Those teenagers in 1968 were being payed $12 dollars an hour at those minimum wage jobs. In 2019, regardless of your age, if you make only minimum wage, your only making $7.25 an hour. The minimum wage should be at least what it was in 1968 when people were paid $12 dollars an hour!

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

That's nonsense. What we have now is rampant inflation and lowered living standards because of bogus "official" inflation stats that are used to justify the obscenely low interest rates that minimize government debt service and enable big bankster profits.

Gold fluctuates wildly and is priced based on speculation. It has no real value

The US dollar today is the gold standard for the world

You are sorely delusional. The U.S. dollar is a fiat currency with the only backing being an increasingly insolvent Federal Government. That is why inflation is rampant but under reported.

Inflation is at historic lows

Thanks Fed

Tie to a gold standard and you would need bundles of cash every time there is a crisis

 

[boedicca]

Don't blame that on wages - blame it on moving off of the gold standard and enabling the rampant inflation Global Banksters and Big Government crave.

Gold Standard was a disaster. The value of the dollar fluctuated wildly

That's nonsense. What we have now is rampant inflation and lowered living standards because of bogus "official" inflation stats that are used to justify the obscenely low interest rates that minimize government debt service and enable big bankster profits.

Gold fluctuates wildly and is priced based on speculation. It has no real value

The US dollar today is the gold standard for the world

You are sorely delusional. The U.S. dollar is a fiat currency with the only backing being an increasingly insolvent Federal Government. That is why inflation is rampant but under reported.

Inflation is at historic lows

Only due to manipulations in how it is measured. It no longer measures the inflation needed to maintain a constant standard of living; instead if is full of substitutions. (i.e., if beef is too expensive, it assumes one can substitute cheaper protein such as tofu.) It also excludes housing costs, which are (besides the tax burden) the biggest expense for most people. Taxes are also excluded.

IOW, it's a fake stat used to manipulate monetary policy.

 

[danielpalos]

The basic conceit of minimum wage is that it mandates higher wages. But it doesn't do that. It simply bans lower wages. That's not the same thing.

only illegals don't care about the law.

hypocrites blame the less fortunate.

 

[dblack]

The basic conceit of minimum wage is that it mandates higher wages. But it doesn't do that. It simply bans lower wages. That's not the same thing.

only illegals don't care about the law.

hypocrites blame the less fortunate.

You just type this crap randomly, right? Oh shit - I almost forgot my etiquette:

Piss off, troll.

 

[hadit]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

Henry Ford doubled autoworker wages. He did not complain about minimum wages. Employers who can Only make it on Cheap labor in a first world economy need to fail.

This again. You do realize, don't you, that by extension you are saying that the employees of those companies need to be out of work? Let's put this in perspective.

Usain Bolt can run a 100 meters in 9.58 seconds. Why can't you?

World class plastic surgeons can make millions. Why can't General Practioners?

Donald Trump can buy and fly in his own private jet. Why can't you?

Creating a business requires some planning. Planning for cheap, labor from inception is the difference.

Is that why Trump has a private jet and you don't? You didn't plan right?

The point is, and I have pointed this out to you many times, that you cannot say that every business owner can do what Ford did, any more than you can say that because Usain Bolt can run a hundred meters that fast, everyone should be able to.

Now, if you have any integrity at all, you will stop repeating that bilge. I won't hold my breath waiting.

 

[danielpalos]

The basic conceit of minimum wage is that it mandates higher wages. But it doesn't do that. It simply bans lower wages. That's not the same thing.

only illegals don't care about the law.

hypocrites blame the less fortunate.

You just type this crap randomly, right? Oh shit - I almost forgot my etiquette:

Piss off, troll.

did you have a point to make or just platitudes?

The basic conceit of minimum wage is that it mandates higher wages. But it doesn't do that. It simply bans lower wages. That's not the same thing.

 

[danielpalos]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

Henry Ford doubled autoworker wages. He did not complain about minimum wages. Employers who can Only make it on Cheap labor in a first world economy need to fail.

This again. You do realize, don't you, that by extension you are saying that the employees of those companies need to be out of work? Let's put this in perspective.

Usain Bolt can run a 100 meters in 9.58 seconds. Why can't you?

World class plastic surgeons can make millions. Why can't General Practioners?

Donald Trump can buy and fly in his own private jet. Why can't you?

Creating a business requires some planning. Planning for cheap, labor from inception is the difference.

Is that why Trump has a private jet and you don't? You didn't plan right?

The point is, and I have pointed this out to you many times, that you cannot say that every business owner can do what Ford did, any more than you can say that because Usain Bolt can run a hundred meters that fast, everyone should be able to.

Now, if you have any integrity at all, you will stop repeating that bilge. I won't hold my breath waiting.

i am willing to work with merely half a million rather than a whole million dollar loan.

 

[dblack]

did you have a point to make or just platitudes?

Ok, I gotta give you props here, daniel. THAT was funny!

 

[Kilroy2]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

If they are working a minimum wage job, they cannot afford to have kids!

Are you saying minimum wage job is a form of birth control

well I would agree that if you can't afford to have children you should practice safe sex

Still I see to many people on the streets sleeping on the sidewalk asking for money to deny them the ability to make 15 dollars an hour.

Still minimum wage standards are no where near the 15 dollar mark and she has her right to her opinions. It may be unrealistic but hey a dollar and a dream