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Minimum Wage


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  • Platinum Contributing Member
3 minutes ago, motonoggin said:

Let's just make wages $0 and everything will be free. 

Let's make it $100/hr.   If $15 solves so many problems $100 will be the cure all.

A very small % of the population works for M.W.   Less than 2% of the workforce.   Of that 2% 75% worked jobs that received tips and really earned more.

Illegal immigration is the largest strain on wages.   

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lets leave it to the states to do since they know what the income and expenses of their citizens are better than the fed government.  Certainly in NYC, Boston, Seattle, San Fran the number should be $15 or higher.   in podunk IA maybe 10 is fair,  in NH maybe $13.  Hell even within some states the number prob should be different.  Fed government knows this,  it's how they pay their own employees so it's easy enough to apply if they insist on a national minimum wage.  

 

 

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1 minute ago, Angry ginger said:

lets leave it to the states to do since they know what the income and expenses of their citizens are better than the fed government.  Certainly in NYC, Boston, Seattle, San Fran the number should be $15 or higher.   in podunk IA maybe 10 is fair,  in NH maybe $13.  Hell even within some states the number prob should be different.  Fed government knows this,  it's how they pay their own employees so it's easy enough to apply if they insist on a national minimum wage.  

 

 

Even by county its difficult to manage properly.   One of the most liberal counties in Iowa (Johnson) couldn't manage it properly from Iowa City to small towns outside it.  

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There’s many areas in the country that $15 hr is really big. Good luck getting that 52 weeks a year too.

So, brings up the gorilla in the room that not all areas have the same needs/wants/values/andvetc. Thus blanket federal laws/ and even state laws sometimes (thus why we have town/municipal govt’s) don’t always work for the people.

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1 hour ago, Highmark said:

Let's make it $100/hr.   If $15 solves so many problems $100 will be the cure all.

A very small % of the population works for M.W.   Less than 2% of the workforce.   Of that 2% 75% worked jobs that received tips and really earned more.

Illegal immigration is the largest strain on wages.   

I agree....$100 an hour base wage sounds good. Trump showed us you can limitlessly print money.....20% of all dollars in circulation printed last year and it doesn’t make a difference. 

Edited by f7ben
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7 minutes ago, Ez ryder said:

Not as worried about the price of a big Mac as I am about the guy putting the burger together loosing his job to a more cost effective machine. 

 

There’s gonna be so many people out of a job within the next few years minimum wage won’t even matter. Can you imagine how many jobs will be lost when autonomous big rigs start rolling out. 

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16 minutes ago, XCR1250 said:

Do retailers who would be forced to raise employee wages absorb that increase or raise the prices on the products the sell to the public?

Impossible to absorb for many industries.   Some like fast food labor is a minimum 25% of costs.   Retail is high as well.

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You have to raise prices, but for many retailers they’ll lose too much business.

 

Also remember, all employees will want a raise.

Fucking crazy to having a big jump in minimum wage. Just more gov’t workets with little or no business understanding. And lack of street smarts.

Big city living or exoensive states like CA is not rest of rural America. 

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New paper exposes a preponderance of evidence that increasing the minimum wage indeed does cost jobs.  Even the CBO estimates up to 3.7M jobs lost if the minimum wage is federally set to $15/hour.

https://www.nber.org/papers/w28388?utm_campaign=ntwh&utm_medium=email&utm_source=ntwg2

 

Edited by Matt
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4 minutes ago, Doorider said:

Want to make it $15, you'll see a lot more of these

mcdonalds-1200x783.jpg

Yup, but not for many service / labor jobs.

Maybe why left + idiot Biden want more illegals coming in.

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1 hour ago, XCR1250 said:

Do retailers who would be forced to raise employee wages absorb that increase or raise the prices on the products the sell to the public?

No you just don't hite any on your help the consumer.  Self check out self service in the isles.  Security and stockers that's it 

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3 hours ago, XCR1250 said:

Do retailers who would be forced to raise employee wages absorb that increase or raise the prices on the products the sell to the public?

Guys like me have to raise prices. The increase will cause inflation and even if costs didnt go up, the dollar will be worth less. 

The real winner will be insurance companies selling workmans comp policies. The real losers will be folks on social security who's buying power will shrink.

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1 hour ago, Doorider said:

Want to make it $15, you'll see a lot more of these

mcdonalds-1200x783.jpg

wife dragged me to walmart after we ate at the Japanese place next door last night.  1 cashier and 10 self checkouts.  Man I hate those fucking things if you are buying more than a couple items.  

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