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

[rightwinger]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Poor are easier to get than beef.

The guy selling hamburger meat will not accept a $2 a pound, take it or leave it offer

A low skilled worker has no other option

 

[rightwinger]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.
View attachment 264162

Whether the minimum wage is $7 dollars or $15 dollars won't make any difference in if or when a company introduces a robot or computer to take over someone's job.

With the unemployment rate at 3.6%, the robots are not helping any at this point. Massive labor shortages all over the place!

So your fiendishly clever plan is to put companies out of business and their employees out of work?

Name one company that went "out of business" because they paid their employees to much money.

The list is endless, you moron! If you pay your employees a set salary and you are not bringing in the revenue to pay them, what happens, dumbass?

If you need to rely on decades old wages in order to stay in business, you deserve to fail

 

[rightwinger]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

You are eating them

 

[Admiral Rockwell Tory]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Poor are easier to get than beef.

I'll bet they fart just as much as beef cattle!

 

[Wyatt earp]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.
View attachment 264162

Whether the minimum wage is $7 dollars or $15 dollars won't make any difference in if or when a company introduces a robot or computer to take over someone's job.

With the unemployment rate at 3.6%, the robots are not helping any at this point. Massive labor shortages all over the place!

So your fiendishly clever plan is to put companies out of business and their employees out of work?

Name one company that went "out of business" because they paid their employees to much money.

Uhm you do know 30% companies fail in the first two years right?


.

 

[Wyatt earp]

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

You are eating them

Liar that they doubled.


.

 

[Moonglow]

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

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.

 

[Moonglow]

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Poor are easier to get than beef.

I'll bet they fart just as much as beef cattle!

Yet not as tasty.

 

[Admiral Rockwell Tory]

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

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.

 

[Admiral Rockwell Tory]

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Poor are easier to get than beef.

I'll bet they fart just as much as beef cattle!

Yet not as tasty.

You prefer tasty farts? Ewwww!

 

[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?

 

[rightwinger]

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

You are eating them

Liar that they doubled.


.

I showed the increase in beef prices

 

[rightwinger]

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

Well, except the fact that those products and services now cost more because dumbasses like you raised the minimum wage! It is like a dog chasing its tail!

The price of a hamburger has more than doubled since the minimum wage was last increased over ten years ago.
The market adjusted to the rising costs of hamburgers. Nobody was fired

Wow where are all these big Macs that doubled in price?

.

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.

Exactly

Let the market bear the cost of increased prices due to tariffs.
But to expect the market to bear the cost of increased wages enrages them

 

[rightwinger]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

Long overdue

It needs to go to $15 to compensate for a decade without an increase

$15 dollars might be a little high in places like Mississippi and Tennessee, but nearly every where else, it would fit like a glove. $12 dollars is not going to hurt anything in Mississippi except for people who are poor managers of business. A minimum wage as a high as $15 dollars might be ok for Mississippi too.

So what do you do with the people who make $15.00 an hour now? How much are you going to raise their pay, so they are no longer working for minimum wage.

In my current job, I am salaried and work many more hours per week than those I supervise. They just received a nice pay raise to the point where they make almost as much as I do. Because I work extra hours without compensation, our pay per hour is roughly equivalent. How do justify that for those making $15.00 an hour who now realize that the people they once supervised now make the same paycheck they do?

Adjust wages accordingly
Let the market adjust

Just because you are getting screwed is no reason to insist others not have their pay increased

 

[U2Edge]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

Why? Because you have some odd notion that every employer in the country has oodles of cash just lying around doing nothing? Or is that companies that can't afford $12 an hour for janitors don't deserve to exist and can be done without? Please explain your "government mandated wages NEED to be raised".

Mississippi had no problem paying Janitors $12 dollars an hour in 1968. Business was great and the economy was good. Plus, a Janitor making $12 dollars an hour spends a lot more money boosting economic growth than a Janitor making only $7.25. A few business's that a poorly managed may balk and complain about paying minimum wage rates from 1968, but they will be in the minority. Economic growth and business will mostly prosper as the minimum wage hike will essentially function as an economic stimulus.

Business's did not shut down because they were paying $12 dollars an hour minimum wage in 1968, so there is no reason they would be forced to shut down in 2019 paying that very same rate.

 

[U2Edge]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.
View attachment 264162

Whether the minimum wage is $7 dollars or $15 dollars won't make any difference in if or when a company introduces a robot or computer to take over someone's job.

With the unemployment rate at 3.6%, the robots are not helping any at this point. Massive labor shortages all over the place!

So your fiendishly clever plan is to put companies out of business and their employees out of work?

Paying $12 dollars an hour minimum wage in 1968 did not put any company out of business in 1968. Business was strong and thriving in 1968. The Unemployment rate when the minimum wage was $12 dollars an hour in 1968 was 3.4%, even less than it is today!

 

[U2Edge]

Okay, a couple of things.

It's easy to argue with "If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour." You know how? McDonald's isn't paying those workers; the small business owner franchisee running THAT PARTICULAR RESTAURANT is paying them. McDonald's, the large corporation with the shareholders to which the dividends are paid, doesn't actually make and sell burgers, you know. It makes its money off of selling franchises and collecting rents and fees from the franchisees. So you're conflating two completely different sets of people there.

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

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!

I swear, if your complete and utter bullshit makes me roll my eyes any farther, I'm going to be staring at my own brain.

You talk like someone who's never done anything for longer than two weeks besides reading blogs about how put-upon you are by people who expect you to work for money.

What is with all the personal stuff? Were talking about the minimum wage, not your thoughts on me personally. Do you have anything relevant to say about the minimum wage, the topic of the thread?

I'm talking about how ridiculous and uninformed your ideas on the minimum wage are. Why are YOU insisting on seeing that as a comment on your character?

Do YOU have anything relevant to say on the comments I've already made about the minimum wage in this thread, like the fact that McDonald's doesn't actually pay those workers you're gassing about? Or do you only notice stuff when you can safely focus on "You're a big meanie-head"?

Just because I'm feeling generous, I'll repeat what I said before, since you obviously skimmed right past it to continue holding forth on the wonders of the government deciding how to spend people's money for them.

McDonald's does not pay the people who work in the restaurants. McDonald's does not run the restaurants at all. Those wages are paid by the small-business-owner franchisees, who can't afford to pay unskilled teenagers $15 an hour to flip burgers, punch buttons on a register, and mop floors just because YOU see the Golden Arches and think, "Big rich corporation! Stick it to those fatcat bastards!"

Comments?

Does not matter if your talking about a small business owner or a large business. Both payed a minimum wage of $12 dollars an hour back in 1968. That includes McDonalds and its small business owner franchisees. They all were paying $12 dollars minimum wage back in 1968. They THRIVED, business was through the roof. The BIG MAC came out in 1968! Unemployment was lower than it was today.

There is NO REASON, Business's, small or large, can't pay the same minimum wage that they payed workers in 1968, in the year 2019. NONE!

 

[Mr Natural]

"Prosperity Through Lower Wages!"

 

[U2Edge]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Well, that is what the minimum wage is. The minimum wage is currently $7.25 an hour. It needs to be raised to at least $12 dollars an hour even in low cost living places like Mississippi and Tennessee.

Long overdue

It needs to go to $15 to compensate for a decade without an increase

$15 dollars might be a little high in places like Mississippi and Tennessee, but nearly every where else, it would fit like a glove. $12 dollars is not going to hurt anything in Mississippi except for people who are poor managers of business. A minimum wage as a high as $15 dollars might be ok for Mississippi too.

Sorry, are you actually demanding that we treat this like a serious, incisive commentary to rebut? "It's not going to hurt anything, because I say so!" Really? That's it? That's all you've got? You have decided that these wages are good, and that's it?

No, its based on the fact that business's, LARGE OR SMALL, payed a minimum wage of $12 dollars back in 1968. Not only were their no problems, business thrived, and unemployment was even lower than it is now! The FACT, that Business's payed $12 dollars an hour minimum wage in 1968 without any problems PROVES that they can do the same in 2019!

 

[U2Edge]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.
View attachment 264162

Whether the minimum wage is $7 dollars or $15 dollars won't make any difference in if or when a company introduces a robot or computer to take over someone's job.

With the unemployment rate at 3.6%, the robots are not helping any at this point. Massive labor shortages all over the place!

So your fiendishly clever plan is to put companies out of business and their employees out of work?

Name one company that went "out of business" because they paid their employees to much money.

Off the top of my head, I can't, because REAL business owners - unlike you - aren't stupid enough to set wages based on what they "feelz" people should get, rather than what their job is actually worth to the employer.

Well, without government regulation about what employers can do with their workers, you end up with SLAVERY. Yes, Business loved slavery. What better way to reduce your cost of doing business and increase your profit than Slavery! Very good times for Business owners in the southern states before 1860!