Minimum wage hike bankrupts company.

[Faun]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yup, that's what happens when a business is run poorly and refuses to accept responsibility for their own mistakes.

“I think what Restaurants Unlimited found out is that they can’t pass along the full impact of that labor cost increase to customers through their prices, said Michael Saltsman of the Employment Policies Institute. “People can stay home, people can eat out less often.”​

.... or they'll eat at any of the other restaurants that don't have to file for bankruptcy.

A liberal will eat at Chic-fli-A?


.

Sure, why not? I do.

 

[OnePercenter]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

Who hired that employee?

Their employer.

 

[OnePercenter]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

None of them do. All the units of an organization contribute to the bottom line. If they don't, they get cut.

Non-answer. Again; How much do you pay an employee that makes you all of your money?

 

[OnePercenter]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

Lol
Employees have no risk nor skin in the game... You obviously don’t understand self-employment, political correctness has made you fucking retarded

Employees work to pay their bills. That's plenty of "skin in the game."

 

[Papageorgio]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Shouldn't everyone get cost of living raises so that they can afford food and housing? I don't expect them to live fancy but better than a bunk house, a cage like they do in Hong Kong or a coffin hotel like they do in Japan. If a job can't pay enough for the person doing it to pay his rent and feed himself then it should be automated.

Not long ago the standard was 1 weeks pay equaled 1 months rent.

It would sure make sense. Tough for people to live with in their means. It always amazes me how people buy than they can afford.

 

[Papageorgio]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

None of them do. All the units of an organization contribute to the bottom line. If they don't, they get cut.

Non-answer. Again; How much do you pay an employee that makes you all of your money?

I never had one employee that made all my money. I am now at the point where I won’t own a business. I like working for my current boss, I don’t give a damn how much he makes, I enjoy my sleep and my day ending when I leave the office.

 

[hadit]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

None of them do. All the units of an organization contribute to the bottom line. If they don't, they get cut.

Non-answer. Again; How much do you pay an employee that makes you all of your money?

You pay him less than the amount he contributes to the bottom line. The premise of your question is false, because no employee makes a company all of its money.

 

[Papageorgio]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

None of them do. All the units of an organization contribute to the bottom line. If they don't, they get cut.

Non-answer. Again; How much do you pay an employee that makes you all of your money?

You pay him less than the amount he contributes to the bottom line. The premise of your question is false, because no employee makes a company all of its money.

Onepercenter has no real business knowledge otherwise he wouldn’t ask silly question. He claims he owns businesses that pay his employees more per hour, uses all superior products to make whatever he makes, and sells it for less than his competitors that pay their employees less and buy inferior products. He claims he pays his janitors over $50,000 a year and they are his lowest paid employees. His model would automatically put every other competitor out of business but he claims they are still there. Just the dumbest BS to come down the pike.

 

[rightwinger]

We can consider the minimum wage that part of your business tax that is spent on prison prevention for petty economic street crime.

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

The more people you want to support, the more it's going to cost. Hiding the cost by forcing employers to pay artificially inflated wages is a false hope.

Right now they are profiting off of artificially low wages

 

[Blues Man]

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

this can't be the argument, because none of this affects hiring. Not even payroll tax. Minimum wage may be an annoyance to small business, but without it you can only hire your cousins and the day laborers who are MS13 members each.

Payroll tax is accounted for when hiring as it is an expense just like SUTA and FUTA taxes and workers comp

And if the MW didn't exist you would pay what ever you had to to keep your best employees.

You have never run a business have you?

But you can't deny that your business will have to deal with wage pressure don't you? You can't put your Mexican day laborers to make the sandwiches in your wawa shop. And even if you could, they too work for higher than the minimum wage. I agree that there is too much regularive pressure on wages and employment. But you are the slave of an omnipotent government. And there are too many zombies wanting a job from you that you don't have. You will go bankrupt and join the zombies. At least that doesn't threaten you with jail, like taxation does. So the minimum wage prank is still the lesser evil. Isn't it?

Anyone who hires illegals should be fined 5000 a day for every illegal worker

An artificially high MW is not good for any business that operates on a high volume low profit margin and since most jobs that pay MW are high volume low profit what do you think will happen to all those MW jobs?

 

[Blues Man]

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

The more people you want to support, the more it's going to cost. Hiding the cost by forcing employers to pay artificially inflated wages is a false hope.

Right now they are profiting off of artificially low wages

No they are payng wages that reflect the skill level and the contribution employees bring to the business they work for.

 

[Blues Man]

Why is it anyone's responsibility other than the family to support the family? If a job doesn't generate more revenue than it costs, it cannot be sustained.

Because the alternative is letting them starve

No the alternative is they work to make enough to support themselves

There wasn't one single time in my life up until the age of 40 where I didn't have at least 2 jobs.

If your skills do not allow you to support yourself on one job then it's up to you to work enough to support yourself.

When did the idea that one 40 hour a week will pay enough to cover all of anyone's expenses come to be held as gospel?

Good solution

With 30 million low skilled workers, you must have 30 million unfilled jobs for them to take

You don't have to work for someone else to make money

And anyone who really wants to can find a second job.

I never had any trouble finding a side gig

Bullshit
Show me 30 million unfilled jobs or any year when that many successful private businesses have been created

Your “get a second job” is unworkable for low wage employees as a group

No it's not because not all those people want or need a second job. Your all or none thinking is simplistic at best.

Most people making MW are not full time employees, they are usually very young and don't forget that a very large percentage of people who make less than MW are service workers who also get tips.

 

[Blues Man]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

no employee makes all of the money for one company.

A business that employees people would not exist if no one provided the space, equipment and the materials needed to operate.

The business owner is the one who takes all the risk employees risk nothing and don't forget every single employee has agreed to sell his labor to his employer for an agreed upon price

 

[Blues Man]

We can consider the minimum wage that part of your business tax that is spent on prison prevention for petty economic street crime.

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

Because it's too easy for able bodied people to get welfare so let's make only the truly needy eligible for assistance

 

[hadit]

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

The more people you want to support, the more it's going to cost. Hiding the cost by forcing employers to pay artificially inflated wages is a false hope.

Right now they are profiting off of artificially low wages

Not artificial because the market is setting them. Government setting them with no regard for the revenue they generate is artificial. Note that in many places, the lowest wages are higher than the official MW. That's the market in action, not government.

 

[Slyhunter]

We can consider the minimum wage that part of your business tax that is spent on prison prevention for petty economic street crime.

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

Because it's too easy for able bodied people to get welfare so let's make only the truly needy eligible for assistance

Actually I couldn't get Welfare without becoming homeless first. I'm Disabled and can't collect Disability because I have a job. But if I didn't have a job I wouldn't be able to pay the rent and it takes Months, even years to get disability started, even with a lawyer, and I would be homeless if I sat on my ass and waited on it to kick in. My foot won't fit in a shoe because it's swollen. I'm not supposed to walk on it because my bones are too brittle and they break. I don't feel them break because I have neuropathy. I managed to find a job working from home over the internet in time to pay my rent which is the only reason I'm not homeless.

Honest people can't get governmental assistance they need. Only the ones who rig the system get it.

 

[Wyatt earp]

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

The more people you want to support, the more it's going to cost. Hiding the cost by forcing employers to pay artificially inflated wages is a false hope.

Right now they are profiting off of artificially low wages

Illegal Mexicans..

Cheap Chinese crap you buy at the dollar store...


.

 

[Wyatt earp]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

Lol
Employees have no risk nor skin in the game... You obviously don’t understand self-employment, political correctness has made you fucking retarded

Employees work to pay their bills. That's plenty of "skin in the game."

No it's not, they didn't do shit to start the company...

 

[progressive hunter]

https://www.foxnews.com/us/restauran...for-bankruptcy

Well, imagine that .

That's what will happen when sources demand that unskilled/uneducated employees get these kind of wages. These current politicians (4 freshman congresswomen) are demanding minimum wages be raised across the board & free health care along with other freebies for all.

Yep,
Some jobs are only worth so much… Political correctness doesn’t know it’s ass from a hole in the ground when it comes to economics

How much do you pay an employee that makes you all of your money?

Lol
Employees have no risk nor skin in the game... You obviously don’t understand self-employment, political correctness has made you fucking retarded

Employees work to pay their bills. That's plenty of "skin in the game."

No it's not, they didn't do shit to start the company...

or take on any of the risk if it fails,,,

 

[Blues Man]

So then everyone should pay more taxes

Even you

No because that would be socialist. Are you trying to offload your business budget deficits onto the taxpayer? Hehehe!

If a business runs in a deficit it doesn't last very long.

But hey all those people that lose their jobs because of a ridiculously high MW will be supported by your taxes so you might as well pay more for that

Our taxes are subsidizing their low wages right now

Because it's too easy for able bodied people to get welfare so let's make only the truly needy eligible for assistance

Actually I couldn't get Welfare without becoming homeless first. I'm Disabled and can't collect Disability because I have a job. But if I didn't have a job I wouldn't be able to pay the rent and it takes Months, even years to get disability started, even with a lawyer, and I would be homeless if I sat on my ass and waited on it to kick in. My foot won't fit in a shoe because it's swollen. I'm not supposed to walk on it because my bones are too brittle and they break. I don't feel them break because I have neuropathy. I managed to find a job working from home over the internet in time to pay my rent which is the only reason I'm not homeless.

Honest people can't get governmental assistance they need. Only the ones who rig the system get it.

Food stamps are part of the welfare system and one of the major arguments of the 15 an hour crowd is that full time people can still qualify for food stamps. They say it's because employers pay too little. I say it's because it's too easy to get food stamps

And if you are able to work in any capacity and earn enough to support yourself you shouldn't have to be on disability unless it's your own insurance. Private insurance is much more reasonable than public disability insurance.

Please don't take that as an insult as it was not meant to be and I understand that you have real medical issues and should qualify for at least some assistance