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The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or aboveno, it isn't. it is privatizing costs since the People will be spending their own money.Raining the MW is socializing costs and artificially inflating then to boot
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
Why would I think that?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or aboveno, it isn't. it is privatizing costs since the People will be spending their own money.Raining the MW is socializing costs and artificially inflating then to boot
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
So in your world a person today making $15. Would make now $30 an hour?
Only the fantastical right wing, has nothing but strawman arguments they can easily beat down, "to look tough".
what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or aboveno, it isn't. it is privatizing costs since the People will be spending their own money.
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid.no, it isn't. it is privatizing costs since the People will be spending their own money.
what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or above
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or above
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
Why would I think that?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.No it is an artificial inflation of pay which will result in a very ral increase in costs across the board as well as the decline of the purchasing power of everyone already making 15 an hour or aboveno, it isn't. it is privatizing costs since the People will be spending their own money.
The average hourly wage in almost ever sector is already above 15 an hour so a drastic MW hike would reduce the purchasing power of more people than it would increase
Table B-3. Average hourly and weekly earnings of all employees on private nonfarm payrolls by industry sector, seasonally adjusted
So in your world a person today making $15. Would make now $30 an hour?
Only the fantastical right wing, has nothing but strawman arguments they can easily beat down, "to look tough".
Isn't that a logical extension of your positive multiplier theory?
SOme people make more so everyone makes more?
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
Really?
If you raised everyone's pay to 15 an hour you do't think that would result in multiple across the board price increases?
Don't tell me you're one of those idiots who think labor costs don't matter in the end price
we already went through it with fuel inflation; everybody uses fuel. why only special pleading when dealing with the poor?what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?only in the short run; in the long run, it will "increase the size of the pie" through a positive multiplier effect.
No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
Fuel prices for the most part have far less to do with MW and far more to do with international markets.we already went through it with fuel inflation; everybody uses fuel. where only special pleading when dealing with the poor?what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?No it won't.
Artificially high pay drains the economy. The only multiplier will be the increase in cost for absolutely everything across the board
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
Who doesn't use fuel? How many people actually work for the minimum wage?Fuel prices for the most part have far less to do with MW and far more to do with international markets.we already went through it with fuel inflation; everybody uses fuel. where only special pleading when dealing with the poor?what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)Yes, it will. That is why no one takes the right wing seriously about economics. Why do CEOs have the highest pay in the world?
A positive multiplier effect grows the "size of the pie".
It really is that simple, except to the fantastical right wing, stuck in pre-WWII Germany for their economic models.
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
Who doesn't use fuel? How many people actually work for the minimum wage?Fuel prices for the most part have far less to do with MW and far more to do with international markets.we already went through it with fuel inflation; everybody uses fuel. where only special pleading when dealing with the poor?what price increases across the board? the minimum wage sector is not that big.The only positive multiplier will be the price increases across the board and the reduction of purchasing power for the people who already make close to 15 an hour or more (which btw is far more people than make MW)
And FYI what a CEO gets paid has absolutely no bearing on how much you can get paid
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
that is why, no one, takes the right wing seriously about economics.
Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
So now you want the government to give tax breaks to businesses?Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
LMAO General statements such as these ^^^ have no value whatsoever. A struggling business may cut jobs, a thriving business may make adjustments. A government which raises the minimum wage, may provide targeted tax incentives.
So now you want the government to give tax breaks to businesses?Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
LMAO General statements such as these ^^^ have no value whatsoever. A struggling business may cut jobs, a thriving business may make adjustments. A government which raises the minimum wage, may provide targeted tax incentives.
MAke up your fucking mind
no firm is too small to fail. if cheap labor is the Only way they can succeed, how good can their product be.Who doesn't use fuel? How many people actually work for the minimum wage?Fuel prices for the most part have far less to do with MW and far more to do with international markets.we already went through it with fuel inflation; everybody uses fuel. where only special pleading when dealing with the poor?what price increases across the board? the minimum wage sector is not that big.
are you claiming, that employees making fifteen dollars an hour will complain, if the one dollar menu becomes a two dollar menu?
It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
that is why, no one, takes the right wing seriously about economics.
I'm not "right wing" whatever that means today
You can't seem to understand that a company relying on labor paid less than 15 an hour will not have to raise prices more than the increased cost of their labor alone.
I think we should pay unemployment compensation at one dollar an hour less than the minimum wage, simply for the sake of employment at will.Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
LMAO General statements such as these ^^^ have no value whatsoever. A struggling business may cut jobs, a thriving business may make adjustments. A government which raises the minimum wage, may provide targeted tax incentives.
I think we should pay unemployment compensation at one dollar an hour less than the minimum wage, simply for the sake of employment at will.Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
LMAO General statements such as these ^^^ have no value whatsoever. A struggling business may cut jobs, a thriving business may make adjustments. A government which raises the minimum wage, may provide targeted tax incentives.
no firm is too small to fail. if cheap labor is the Only way they can succeed, how good can their product be.Who doesn't use fuel? How many people actually work for the minimum wage?Fuel prices for the most part have far less to do with MW and far more to do with international markets.we already went through it with fuel inflation; everybody uses fuel. where only special pleading when dealing with the poor?It will be more than that. You are not taking into account that a business overhead includes not just labor but also a myriad of products and services that all are factored into the final cost
And when absolutely everything goes up in price even if it is just a couple dollars anyone making close to 15 an hour or more will see a reduction in their purchasing power
that is why, no one, takes the right wing seriously about economics.
I'm not "right wing" whatever that means today
You can't seem to understand that a company relying on labor paid less than 15 an hour will not have to raise prices more than the increased cost of their labor alone.
Henry Ford doubled autoworker wages, not minimum wages. Inflation was not a problem.
like what? solving for simple poverty on an at-will basis?I think we should pay unemployment compensation at one dollar an hour less than the minimum wage, simply for the sake of employment at will.Jobs would be cut, investment diminished.
It's the value of the work that determines the pay.
LMAO General statements such as these ^^^ have no value whatsoever. A struggling business may cut jobs, a thriving business may make adjustments. A government which raises the minimum wage, may provide targeted tax incentives.
Policy changes such as the one you're recommended have consequences beyond those intended.
