More lefties learn the glory of the 15 dollar minimum wage....unemployment.....

[Katzndogz]

I think its better for the people making minimum wage to improve themselves. Raising minimum wage and providing perpetual welfare removes the impetus for that.

Why are wages so stagnant given more people have college educations?

Because a large part of those college educations consist of useless degrees held by too many people.

Get an Engineering Degree, or an Accounting Degree and see how long you are not working, and how stagnant your wages are.

Yeah...the need for underwater basket weavers has fallen of sharply for some reason.

For some degrees is a glut of people getting them. In some fields the number of job openings has not increased with the number of degrees issued. That creates two problems, 1) too many people for the jobs, and 2) the surplus drives down salaries.

In addition, we import labor, off-shore out-source labor, we've lost many industries to cheap foreign labor markets, America no longer produces what America uses and consumes. We've become import dependent. Technology, innovation, and automation has replaced workers, and we have millions of illegal immigrants living and working in this country. We've closed our plants and factories in favor of strengthening foreign economies. We've sacrificed our economic well-being in favor of supporting foreign labor in foreign countries.

Over the past 50 plus years, we've lost the textile, steel, electronics, tool, toy, appliance, furniture, housewares, automotive parts, and farm equipment industries. Very few plants and factories remain. Our plants and factories once ran 24/7, and provided living wage self-supporting jobs that covered all education and skill levels. Now most of those jobs are in foreign countries. Due to our unfair, unjust, and one-sided foreign trade agreements and polices, high union wages and benefits, and corporate greed, what we buy and use is mostly imported. We have college grads flipping burgers and living with parents, we have those workers aged 50 and older that can't find a job, employers are producing more with less employees, and employers are offering less company paid benefits.

Meanwhile, the cost of living continues to out-pace wages, and workers are struggling just to make ends meet. We have less home ownership, more poverty, more citizens dependent on some form of government assistance, malls becoming ghost buildings, cities going bankrupt, pension funds in trouble, an astronomical and rising national debt, and a growing population. Worker do not have enough spendable income in their pockets to support the retail market. Tax revenue is down, and we've created a poor and dependent society. Our jobs are now mainly part-time, low wage, and temporary employment. Our work force continues to out-grow available jobs.

What will change this economic disaster? What will change this socially destructive process?

Get rid of democrats.

 

[2aguy]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Exactly what crony socialism is aimed at.......a few large businesses that are well connected to the government.....they use that connection to price their smaller competitors and the up and coming challengers out of existence........

 

[Brain357]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

 

[HereWeGoAgain]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

 

[2aguy]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

Hmmm...you seem to be missing the chicken and egg aspect of this...which is not a surprise, if you are fired by your employer because he can no longer afford you...you don't have more money...you have none....or you have to work 2 jobs with fewer hours to make the same amount of money you had before they increased the minimum wage....so those customers won't have increased wages....

 

[Sonny Clark]

Why are wages so stagnant given more people have college educations?

Because a large part of those college educations consist of useless degrees held by too many people.

Get an Engineering Degree, or an Accounting Degree and see how long you are not working, and how stagnant your wages are.

Yeah...the need for underwater basket weavers has fallen of sharply for some reason.

For some degrees is a glut of people getting them. In some fields the number of job openings has not increased with the number of degrees issued. That creates two problems, 1) too many people for the jobs, and 2) the surplus drives down salaries.

In addition, we import labor, off-shore out-source labor, we've lost many industries to cheap foreign labor markets, America no longer produces what America uses and consumes. We've become import dependent. Technology, innovation, and automation has replaced workers, and we have millions of illegal immigrants living and working in this country. We've closed our plants and factories in favor of strengthening foreign economies. We've sacrificed our economic well-being in favor of supporting foreign labor in foreign countries.

Over the past 50 plus years, we've lost the textile, steel, electronics, tool, toy, appliance, furniture, housewares, automotive parts, and farm equipment industries. Very few plants and factories remain. Our plants and factories once ran 24/7, and provided living wage self-supporting jobs that covered all education and skill levels. Now most of those jobs are in foreign countries. Due to our unfair, unjust, and one-sided foreign trade agreements and polices, high union wages and benefits, and corporate greed, what we buy and use is mostly imported. We have college grads flipping burgers and living with parents, we have those workers aged 50 and older that can't find a job, employers are producing more with less employees, and employers are offering less company paid benefits.

Meanwhile, the cost of living continues to out-pace wages, and workers are struggling just to make ends meet. We have less home ownership, more poverty, more citizens dependent on some form of government assistance, malls becoming ghost buildings, cities going bankrupt, pension funds in trouble, an astronomical and rising national debt, and a growing population. Worker do not have enough spendable income in their pockets to support the retail market. Tax revenue is down, and we've created a poor and dependent society. Our jobs are now mainly part-time, low wage, and temporary employment. Our work force continues to out-grow available jobs.

What will change this economic disaster? What will change this socially destructive process?

Get rid of democrats.

Sorry. That wont do it unless you get rid of all professional politicians, limit government service to one term, and end the Lobbyists' control of the U.S. Congress.

 

[Brain357]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

 

[Brain357]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

Hmmm...you seem to be missing the chicken and egg aspect of this...which is not a surprise, if you are fired by your employer because he can no longer afford you...you don't have more money...you have none....or you have to work 2 jobs with fewer hours to make the same amount of money you had before they increased the minimum wage....so those customers won't have increased wages....

They won't be firing people. Well no healtjy business will be firing. A few that were doomed anyway will.

 

[Lakhota]

Minimum wage should be lowered to $1.00/hour - then there could be lots of employment. Better yet - why not just bring back slavery?

 

[HereWeGoAgain]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

 

[Brain357]

Minimum wage should be lowered to $1.00/hour - then there could be lots of employment. Better yet - why not just bring back slavery?

Given how the right seems to hate wage increases I often think they want that.

 

[Brain357]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

Min wage has increased many times without the sky falling. Point to where your claims have ever happened?

 

[Yarddog]

Here are more people being enlightened with basic economics.....

Seattle Minimum Wage Kills Jobs Hurts Students PJ Tatler

Students at the University of Washington in Tacoma are getting an object lesson in the value of a dollar. As economic dominoes fall in the wake of a municipal minimum wage hike to $15 per hour in Seattle, university students find themselves digging deeper into their pockets to cover higher prices resulting from the mandate.




Elsewhere, small-business employees initially thrilled by the “raise” granted them by the city have since learned that they’ll be losing their jobs later this year. Red Alert Politics reports:


[Z Pizza] owner Ritu Shah Burnham said she just can’t afford the city’s mandated wage hikes.


“I’ve let one person go since April 1, I’ve cut hours since April 1, I’ve taken them myself because I don’t pay myself,” she told Q13. “I’ve also raised my prices a little bit, there’s no other way to do it.”

Just business 101. Labor is a big cost of doing business. If you don't want to pay your workers a living wage, then close the doors and do something else with your life. Well, business owners can always hire cheap illegal immigrant labor. They'll work for $20.00 a day, which is twice what they earned in their home country. Either pay workers a living wage, or hire illegal immigrant labor, a very simple choice. Or, just close the doors and retire with all the money cheap labor enabled you to make over the years.

Sure, and put ALL your employees out of work. What do they matter when we're trying to make a political point?

Again, either pay them, or close the doors. What are the other choices? You can't force workers to stay if they don't want to. And, you can't change laws by poor-mouthing. Either pay them, or hire illegal immigrants, or close the doors, very simple.

Sure, your right, when its no longer profitable to be in business there will be no businesses, hey, but it will be fair. as long as it seems fair. Of course, big chain restaurants might survive better, of couse they will give you less with cheaper ingredients, and who needs those mom and pops around anyway. why not raise minimum wage to $20 ? who is to say what is the proper wage ?
it sure isnt for the market place to decide.

 

[Nosmo King]

Why does the minimum wage have to be universal? Every teenager at a part time summer job, every housewife working part time to add a little something to the monthly budget. Are these the workers who desperately need to earn a living wage?

My solution is this: any worker putting in more than a thirty hour week deserves a living wage. A minimum wage of at least $10.10 an hour. These folks are demonstrating their willingness to earn a living and they should not work and remain poor due to low wages?

 

[HereWeGoAgain]

Business will just have to make adjustments. Fire a few, cut hours, automate. The only solution is to have less labor costs. These businesses will be facing increased costs of their own.

The age of the independent entrepreneur may have come to an end. It will be impossible for a small business owner to struggle up from nothing into a substantial concern. They just won't be able to grow or expand.

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

Min wage has increased many times without the sky falling. Point to where your claims have ever happened?

How about asking for something reasonable like a buck?

 

[Brain357]

Sales will increase due to customers increased wages. Most businesses won't have to do anything.

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

Min wage has increased many times without the sky falling. Point to where your claims have ever happened?

How about asking for something reasonable like a buck?

Well it won't go to $15. I'm sure thats just the start of negotiations. I would expect the actual federal increase to be much less.

 

[HereWeGoAgain]

So they can pay the increase in price?
Sounds like you're going in circles to me.

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

Min wage has increased many times without the sky falling. Point to where your claims have ever happened?

How about asking for something reasonable like a buck?

Well it won't go to $15. I'm sure thats just the start of negotiations. I would expect the actual federal increase to be much less.

Ya wanna know what they wont be getting? A living wage....whatever the hell that is.

 

[Katzndogz]

Business should not allow employees to hang onto low level jobs as a career. Give them two years, they move up or they are out. Then the know up front that they won't be able to have a growing family or increased obligations. On their hire date they are given their termination date.

 

[Brain357]

The Impact of Increasing the Minimum Wage on Unemployment No Evidence of Harm An Economic Sense

Full time workers in minimum wage jobs are poor, despite their evident willingness to work. Even if the minimum wage is raised to $9.00 an hour from the current $7.25 an hour, as Obama has proposed, these working poor will still be earning well less than poverty line income. And bringing the minimum wage to $9.00 an hour will only bring it back to where it was more than a half century ago. Real GDP per capita has more than doubled over this period. Yet minimum wage workers are currently earning 20% less.

Rigorous empirical studies do not show that increasing the minimum wage by an amount such as this will lead to an increase in unemployment of such workers. Nor does one see such an increase in unemployment in a more casual examination of the evidence, such as in the graphs above. While the poor need more assistance than just from this, increasing the minimum wage as Obama has proposed would certainly be an important help.

 

[Brain357]

Not at all. If you own a restaurant now many of your customers just got a wage increase. Now more customers can afford to go out to eat more often. This increases sales and profits which can be used to pay employees.

How is it any different? The price of the product will go up with the wages so their buying power doesnt change.
You keep forgetting or ignoring that the price of wages will increase across the board,not just for min wage workers.

Min wage has increased many times without the sky falling. Point to where your claims have ever happened?

How about asking for something reasonable like a buck?

Well it won't go to $15. I'm sure thats just the start of negotiations. I would expect the actual federal increase to be much less.

Ya wanna know what they wont be getting? A living wage....whatever the hell that is.

I can't imagine it going up that much.