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

[healthmyths]

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

I read your link. Tell me what’s wrong with your link. Technically correct but in reality literally bogus.

This group applied the same tactics about MW in Seattle.

Do you own a business? Do you know who own restaurants? Do you know who own franchises?

$15 is not a whole lot of money.

Again... $15.00/hour as a Federal standard is perfect example of one size fits all mentality.
A) Are you aware that Mississippi is at 80% of national standard of living and so you want to force businesses to raise food prices in Mississippi to cover
$15.00 / hour? How stupid. Then by the same token $15/hour is NOT enough for New York where cost of living is over 120% national standard!
But see that's the ignorance of people like you..."one size fits all'!
B) Again I'm putting up the financial statement for a McDonalds.
Dummy! If the Crew payroll is at minimum wage on the below and then $15.00/hour means double the minimum...i.e. $540,000 increases to
$7/hour that will mean double the crew payroll to $1,080,000... SO dummy... that totally wipes out the net profit! Business closes and now the
"crew" is laid off!

 

[protectionist]

Where is that Healthplan he claimed to have?

Part of it is in the VA, which he has much improved, Since I have VA healthcare, I don't take too much notice of that issue.

If everyone served in the military (as they should), they would all be covered.

 

[protectionist]

So you are a Communist?

I'm a conservative Republican.

 

[protectionist]

That makes no sense. The cost of living is an abstract concept. It doesn't make decisions. People do. But you want government to overrule their decisions.

Obviously, I meant the cost of living to be used as a guideline, when employers set their wage levels.

 

[busybee01]

So you are a Communist?

I'm a conservative Republican.

You are a white supremacist Republican.

 

[protectionist]

3 days ago, I mentioned these very relevant items to the MW issue. Since then, nobody has discussed them.

1. Increase in Disposable Income (with MW increase)
2. Increase in Sales
3. Layoffs create losses
4. Many companies pay only commissions
5. Some companies have no employees
6. Many companies pay all employees $15/he or more
7. For companies in 4, 5, 6, MW raise represents increased sales/income

 

[xband]

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

AOC doesn't know how to pour piss out of a boot with directions written on the bottom.

 

[dblack]

That makes no sense. The cost of living is an abstract concept. It doesn't make decisions. People do. But you want government to overrule their decisions.

Obviously, I meant the cost of living to be used as a guideline, when employers set their wage levels.

Ahh... ok. So you mean government should use the cost of living to set wage levels, right?

 

[protectionist]

You are a white supremacist Republican.

FALSE! I am not a supremacist in any way. Do you support the legality of Islam in America ? If you do, YOU are a supremacist, supporting the supremacy of Islam over the US Constitution.

I am also only HALF white. I'm 50% Hispanic (and speak Spanish fluently, desde mil novacientos cinquenta y nueve).

 

[protectionist]

Ahh... ok. So you mean government should use the cost of living to set wage levels, right?

Obviously that's wrong. Go back and read my post that you just quoted.

 

[dblack]

Ahh... ok. So you mean government should use the cost of living to set wage levels, right?

Obviously that's wrong. Go back and read my post that you just quoted.

Well you're talking out of both sides of your mouth:

"The cost of living should set wages, not employers or employees"

So, if neither employers nor employees are setting wages, who is? I assumed you meant the government. But I'm also assuming you're sane, and maybe that's a mistake.

 

[xband]

Ahh... ok. So you mean government should use the cost of living to set wage levels, right?

Obviously that's wrong. Go back and read my post that you just quoted.

Well you're talking out of both sides of your mouth:

"The cost of living should set wages, not employers or employees"

So, if neither employers nor employees are setting wages, who is? I assumed you meant the government. But I'm also assuming you're sane, and maybe that's a mistake.

I only open my mouth to swap feet.

 

[protectionist]

Well you're talking out of both sides of your mouth:

"The cost of living should set wages, not employers or employees"

So, if neither employers nor employees are setting wages, who is? I assumed you meant the government. But I'm also assuming you're sane, and maybe that's a mistake.

Everyone in this thread (including you) knows that the post I was referring to was THIS one >>

"Obviously, I meant the cost of living to be used as a guideline, when employers set their wage levels."

If you can't post honestly, don't post.

YOU are the deceiver, albeit not a very good one.

 

[dblack]

Well you're talking out of both sides of your mouth:

"The cost of living should set wages, not employers or employees"

So, if neither employers nor employees are setting wages, who is? I assumed you meant the government. But I'm also assuming you're sane, and maybe that's a mistake.

Everyone in this thread (including you) knows that the post I was referring to was THIS one >>

"Obviously, I meant the cost of living to be used as a guideline, when employers set their wage levels."

If you can't post honestly, don't post.

YOU are the deceiver, albeit not a very good one.

And if they don't use it as a guideline? Cmon. Let your inner authoritarian stake a claim here. You want government up everyone's ass, don't you?

 

[xband]

Well you're talking out of both sides of your mouth:

"The cost of living should set wages, not employers or employees"

So, if neither employers nor employees are setting wages, who is? I assumed you meant the government. But I'm also assuming you're sane, and maybe that's a mistake.

Everyone in this thread (including you) knows that the post I was referring to was THIS one >>

"Obviously, I meant the cost of living to be used as a guideline, when employers set their wage levels."

If you can't post honestly, don't post.

YOU are the deceiver, albeit not a very good one.

True, but you tossed the football and everyone on USMB is running interception.

 

[hadit]

Translation to English: in any free economy, there will be those who refuse to work, even when jobs are available to them. Your solution is to pretend they're working and pay them as if they were.

why do you care if they are Poor as a result? requiring a work ethic is national socialism.

Poor has nothing to do with it. We're talking about paying people who COULD support themselves but choose not to do so.

employment is at-will not for-cause. get legal to the law, right wingers.

Look up what at-will employment means and quote it here with the source. Until you do that, your argument is null and void.

i have cited the doctrine several times. you always appeal to ignorance of it.

At-will employment is generally described as follows: "any hiring is presumed to be 'at will'; that is, the employer is free to discharge individuals 'for good cause, or bad cause, or no cause at all,' and the employee is equally free to quit, strike, or otherwise cease work."--At-will employment - Wikipedia

Only the right wing insists on socially punishing the Poor with a work ethic from the Age of Iron, than improving the efficiency of our economy through better resource utilization.

Then why do you insist on saying it is something that your own source does not say it is? "At will" means either party can terminate the employment. It does not even relate to whether you should get paid if you quit a job and won't take another.

 

[rightwinger]

The problem with minimum wage is that it has been neglected for so long that the sizeable increase will give employers sticker shock

 

[Papageorgio]

Employers don't pay the "market price?"

Skimming? Are you telling me that business owners don't cover the personal mortgage payment? Put their wives and kids on the payroll? Their girl/boy friend on the payroll? Their car? Personal utility payments? Vacations? Vacation homes? The list is endless.

Then the employer pays himself less to reduce his personal taxes, and when you ask for a raise, he states: I didn't make much more than you, I can't afford it.

Then of course you have business profit.

It's a scam.......

So you skim money off your business? Quite the confession, you know that is all illegal, any good business keeps their business separate from the personal. Otherwise you run the risk of losing all your personal property if sued. You are one stupid moron if you really believe that all businesses run as corrupt as you. Maybe the IRS needs to look into your businesses and see how you launder money.

You are slime asshole!

Please quote the law that states skimming by an employer is illegal.

By laundering money you mean Deutsche Bank laundering Russian money and giving tRump a loan?

What is skimming? definition and meaning

I can tell you are not a businessman, because skimming is illegal.

I can't take a company credit card and make a mortgage payment that the company pays as long as taxes are paid on that money?

One of my previous employers used to pay his rent, electric, car payment with a company credit card and then complain about being broke. His wife used the company CC to buy jewelry with.

If they don't take it as personal income, then they could be in trouble if they are ever sued or audited by at state or federal agency.

 

[charwin95]

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

I read your link. Tell me what’s wrong with your link. Technically correct but in reality literally bogus.

This group applied the same tactics about MW in Seattle.

Do you own a business? Do you know who own restaurants? Do you know who own franchises?

$15 is not a whole lot of money.

Again... $15.00/hour as a Federal standard is perfect example of one size fits all mentality.
A) Are you aware that Mississippi is at 80% of national standard of living and so you want to force businesses to raise food prices in Mississippi to cover
$15.00 / hour? How stupid. Then by the same token $15/hour is NOT enough for New York where cost of living is over 120% national standard!
But see that's the ignorance of people like you..."one size fits all'!
B) Again I'm putting up the financial statement for a McDonalds.
Dummy! If the Crew payroll is at minimum wage on the below and then $15.00/hour means double the minimum...i.e. $540,000 increases to
$7/hour that will mean double the crew payroll to $1,080,000... SO dummy... that totally wipes out the net profit! Business closes and now the
"crew" is laid off!

View attachment 264794

Like I mentioned earlier people like you and these anti MW establishments used the same tactics in Seattle. Did Seattle collapses and close businesses? You are very wrong. The same here in California.

I’m talking to you about reality and real life experience here. So pay attention.

A. You are twisting your own bogus facts. Of course I want to raise prices to cover the difference. That’s a fact. In reality prices of food, commodities and services are going up all the time. So what’s the difference? And if you own a business you need and you have to anticipate that you are going to give your employees a raise whether the MW is an issue or not.

B. Let me dissect your numbers. If one employee makes $7.25/hour (Mississippi MW) x 8 hours= $58. Then makes $15 x 8= $120. That is $62 increase in my payroll per employees in one day. Assuming they are all full time employees but most or all only the managers works full time at McDonald’s. And managers make far higher than MW.

Back to $62 increase per employees. If you have 10 employees = $620 a day.

I need to come up with $620/day. So tell me. if I increase my soda prices to $0.25, French fries to $0.15, Hamburgers $0.30, Bigmac $0.45 etc etc etc etc.
How difficult is that to recover $620? If you look at the total list of McDonald’s menu. At a minimum ( REPEAT AT A MINIMUM) they only sell 100 of those a day. During slow day $620 is very easy to recover. How about the sales during busy days or holidays? This is not about stupidity and ignorance. This is about reality in life my son.

Since you are an anti MW. How do we know your attachment really came from McDonald’s?

 

[Andylusion]

You are eating them

I just love how they claim that raising min. wages will increase cost yet have zero problem with the increased cost of goods from tariffs from Trumps policies.

If you are paying tariffs, that is your fault for buying foreign goods.

I just purchased a large amount of flooring for my home. The type I originally wanted was made n China and is subject to the tariff. I just bought American made for the same price as the Chinese made flooring and got a vastly superior product for the same price. That is how tariffs are supposed to work. The tariff made it too expensive for me to buy Chinese. Had I known it was Chinese manufactured, I never would have wanted it in the first place.

Since most Chinese made flooring has been pulled from the market in 2015, you'd be hard-pressed (no pun intended) to find any.

My God, how fucking stupid are you?

Show me a link that what you claim is true. The lady who owns the company is a member of my church and is Japanese herself. Her husband won the Silver Star during the Korean War. When they tell me they can't get the flooring I ordered from China without paying the tarif, I believe them and not some internet hoaxer one-percenter!

Flooring from China has a larger than acceptable amount of formaldehyde.

So let's think about this logically, by looking at it from another context.

I don't know what joke of a business you pretend to run, but let's say that it is flooring.

Now let's say that I too open a business making flooring, and dump in a bunch of formaldehyde.

The regulators come in, see that the flooring at the local store is toxic, and shut down all the flooring companies.

Would be sitting there praising the move that shut down your business? No obviously you would be enraged that your business, which does not have a formaldehyde problem, is being unfairly shut down, because of the actions of someone else, that you had nothing to do with.

Same thing with China. 60 Minutes is news program that is often ridiculous, in that they likely tested 100 samples, found a few examples that were bad, and pretended the entire country produces toxic floor. I've seen them do this before.

Yes, by all means block the toxic flooring from coming into the US. But don't pretend like every single company in China is trying to poison the world. It's not true. There are specific examples of bad products, and by all means sue them in international court or whatever, and block those products.