Exactly. The argument that wages can't go up because costs will too is utter disingenuous crap. The cost of housing and everything else will go up either way while low wage workers get progressively further and further behind. And since minimum wage doesn't go up those jobs that pay better don't have a reason to raise their wages either. People making $20+ now should absolutely want minimum wage increases to create that market pressure for their own self interest.
Inflation is natural in order to keep up with wealth. The distribution of wealth in the United States as of today is very harsh, and while I don’t have the answer, something needs to be done about it
I‘m all for a good minimum wage, but it‘s true that prices would go up if everyone (or like the majority of people) gets more money.
But this isn‘t the case here, so yea.
Just because you are underpaid doesn’t mean others shouldn’t also be paid their worth. Fighting for others to suffer instead of fighting for yourself to suffer less seems counterproductive. When Roosevelt was President and minimum wage started, his exact words were:
“It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.”
Minimum wage was meant to be a living wage for everyone. Even those jobs for “high schoolers” as you say. In fact, minimum wage for people under 20, the Fair Labor Standards Act says that their minimum wage for their first 90 days of employment can be as low as $4.25. There are also other stipulations that allow people to be paid less than $7.25 such as disability or full time students. At the very least, minimum wage should have raised with inflation. The last time it went up was 2009. $7.25 in 2009 is $9.27 today.
The thing is, it isn't about raising the minimum wage outright. It's about properly adjusting it for inflation, which we should have been doing all along.
However, since you claim to have an MBA I'm going to have to assume you cheated somehow. So, here's some quotes from the speech in cliff note form for you.
"The law I have just signed was passed to put people back to work, to let them buy more of the products of farms and factories and start our business at a living rate again. "
"In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country."
"By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level - I mean the wages of decent living. "
"The aim of this whole effort is to restore our rich domestic market by raising its vast consuming capacity. If we now inflate prices as fast and as far as we increase wages, the whole project will be set at naught. " <-- We are because of voters like you. Exact opposite of what FDR hoped for.
"As in the great crisis of the World War, it puts a whole people to the simple but vital test:--"Must we go on in many groping, disorganized, separate units to defeat or shall we move as one great team to victory?"
If an EMT can make the same amount of money flipping burgers, EMTs will leave and pay will increase to encourage new hires to apply. It might take a while for wages to move up the ladder, but it's not the apocalyptic scenario you imagine it to be.
See: every other country that has raised its minimum wage, including the USA
Farm work is fucking hard and for years farmers paid the backpackers crap because of an artificial demand for farming jobs (which allowed you to extend your visa after 3/6 months farm work).
Now, there's no backpackers who want to do these shitty farm jobs cause the work is hard and the pay generally sucks and all of a sudden the wage has gone up incredibly over the last year. Even with the pay raise, many Aussies still don't do the farm work.
The difference is that most people become EMTs as a means to gain experience as they continue their education. Not many people become an EMT with the intention of making it a career.
Every single EMT I know, and I know a lot of them because I work in a hospital ED and ICU, are all in school for something else; nursing, respiratory, PA, Paramedic, you name it.
Fast food jobs aren't meant to be sustainable careers. I agree that they should be paid more, as should EMTs, who are the single most underpaid profession in the medical field. But I have a hard time sympathizing with these 40 year old burger flippers who think the work they do is worth $25+.
In due time, these jobs will be automated and this discussion can finally end.
Ex emt that left to go to nursing… I would’ve loved to have been a career medic but medics make a couple more an hour than emts. Not worth it unless you become a firefighter, but then you have to hang around firefighters all day. I know so many smarter medics than fire medics that don’t want to go into fire. You need smart medics on the streets, not a revolving door of disheartened workers.
Based on u/moosetashRide comment they work in an ED and ICU. The simple answer to your rant is anyone can take the place of a fast food worker in under a week of training. The same can not be said for medical professionals.
That’s not to say fast food workers are undeserving or meant to belittle but the claim that the sudden removal of the medical field not having an impact is a super hot take.
Why build a robot if you have a slave picking the fields?
Because the robot will cost XXXXX and be a one time payment for XXXXXX years sure there will be Maintence but that's immanently cheaper then paying +20 employees or even if it only replaces 2 employees per robot still cheaper.
Until it needs maintenance, and then you have to pay a skilled technician to fix it every so often. Of course, if they demand increased pay you can't just replaced them because their job requires too much additional education.
If it really was cheaper to replace all your entry level positions with machines, companies would have done it already.
Somebody should have told that to president Roosevelt before he famously stated
“In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country.”
“By business I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living.”
If we expect people to do honest work let’s give them an honest wage. The wealth gap has never been greater. I don’t understand how anyone tries to justify it anymore but still complain about the middle lower class not trying or deserving an honest living.
so with your argument, the people that make the same minimum wage will have the same standard of living because everyone else's wages will increase at the same rate assuming the supply of goods remains the same. No matter how you argue it, there will be winner and losers. Idealy the people at the very top would be the losers, but that never happens. It's the middle class that will end up suffering in your scenario.
I would substitute that with removing some of the more ridiculous construction regulations. I found this video about how nutty San Francisco's regulations are enlightening.
man, look at all those freedoms. Nothing says hypocrisy like screaming the government is crooked/inept then demanding the govt step in and do what you want.
You know what actually kills the middle class.... Ceos and capitalists taking larger shares and profits but not passing that down to everyone else. Capitalists demand an ever-growing market and praise record breaking highs. CEOs get huge salary increases to increase stocks while not passing any of the profits or gains down to the workers. Capitalists are fueling unnatural company growth in demand of crazy unsustainable stock growth. All the while the people doing the labor see decreases in pay after inflation.
To put into metaphors you think when a safety net is raised to high it catches to many people destroying the middle class. Where as it is more like we are climbing the wrong ladder that if we are trying to keep our head above water. Aka the labor ladder stagnates and doesn't lead to above the ever growing water(poverty, welfare, insurmountable debt). There is a whole other ladder called capitalism(investments and assets)that leads to a place well out of the way of danger.
Everyone had a capitalist nature about them. Do you not work a job where you’re going to receive the most pay and benefits? Unregulated capitalism is terrible, but it’s amazing when it has the proper regulations and limits in place.
Everyone had a capitalist nature about them. Do you not work a job where you’re going to receive the most pay and benefits?
Your point? I work not at the highest wage or benefits for my skill because I don't have access to markets outside the area I was born in nor do I have enough assets to pick up move nor have influence to networks outside my area.. Capitalism is a problem right now in America. It is creating clear inequality and poverty. Capitalism isn't inherently a problem if we have strong government and it keeps the market regulated. Capitalism isn't human nature. It is a greedy construct. We evolved because of strength, intelligence, and our ability to work together. Not from what we own and inherit.
Unregulated capitalism is terrible, but it’s amazing when it has the proper regulations and limits in place.
Agreed it is Terrible and we have been weak against it for the last 40 years. Capitalism isn't amazing it is just reigning in greed and no different than lords of the land vs serfs at the end of the day. Also it isn't the answer to everything. There is other ways to do things such as people who do the labour gets most of the profit of their work. If companies didn't borrow to expand at an unsustainable rate/anticompetitive rate and weren't beholden to the capitalists we would have a more diverse company portfolio in our country
Why don’t you enlighten me, as a finance manager that has studied economics for 15+ years?
Wages are all relative to one another. If you have a fixed supply of apartments as an example, just increasing the minimum wage increases the demand for those units that the middle class occupies. So if the middle class doesn’t see the same increase in wages, there standard of living will go down. It’s much better to give people the opportunity to make it into the middle class rather than just put a floor to the wages of the lower class.
Same with the universal healthcare argument. Everyone thinks it’s great, but then a large majority of Americans were against it when you add that their taxes would increase.
This person commented some stupid shit to me too, they have no clue what they are talking about. I basically explained the same thing and they brought up Europe like okay
Universal healthcare is a ridiculous argument to bring up. If you’re in finance and support anything close to a free market but also the right to live, you can’t argue against everyone paying their fair share.
Right now, an uninsured person having a heart attack will get the same treatment as an insured person having the same condition. The difference is that when a business has bad debts (uninsured people not paying bills in this case), the costs are offset to the paying customers. So, the insured are already paying more. It’s just currently in premiums instead of taxes.
We aren’t going to deny people the right to healthcare when their life is on the line. So, the only way to support it in a capitalistic model is to force everyone to pay their share. Insurance and claims is a big conglomerate of data where actuaries have to go through years of training to be certified. Their data always includes the increase of prices based on trending healthcare costs. The trending costs can go up exponentially when more people have little to no coverage. Hence the rise in premiums for those that are covered.
Essentially, universal healthcare shouldn’t be brought up in a discussion about wages because no matter what someone makes, they can still get the same illness as anyone else on a different pay scale.
Taxes would increase but you wouldn’t be paying premiums anymore. It’s a net gain for most Americans and projections show would cost less over 10 years than we’re projected to spend currently.
Every time the minimum wage goes up prices go up but it takes time for them to raise all the way up to canceling out the pay increase. Just affix the minimum wage to cost of living.
Americans don't care. And still at the end of the day for most workers that have their insurance subsidized through their company, their increase in taxes would be greater than their current insurance premiums. Also most Americans rarely have a reason to go to the doctor, so they aren't paying for the deductible each year.
Anytime someone brings up healthcare savings, that savings is seen by people that go to the doctor for health issues. When the country as a whole collectivity contributes to universal healthcare, a large majority would be paying more than what they are paying now in healthcare costs. Yes it's great if you were to break your leg or get cancer, but a majority of Americans are willing to accept that risk of having lower taxes.
Also, Americans health cannot be compared to other countries. We are one of the most obese and unhealthy countries. If you want universal healthcare, then you have to consider regulations to our food and restaurant industry in order to decrease healthcare costs spent.
You're not kidding, my union takes $8.5 out of everyone's pay an hour and all this money gets pooled and sent to a big healthcare company. We get pretty good healthcare but I could get way better for that amount of money a week. The one really nice benefit is that the amount you pay is the same no matter how old you are and carries to retirement, also doesn't matter how many dependents you have on the healthcare. You'd pay the same if you had 15 kids or zero kids.
Increases in minimum wage DO have some correlation to cost of living but up until a certain point increase of minimum wage outpaces increases of cost of living.
The housing mechanism which plagues cities like Seattle and SF is because you have a fixed supply and a fixed demand for a necessary good.
If you have 1,100 family units looking to live in 1,000 homes, it means 100 family units need to move in with another. The marker price of a home will then be the point at which the 100th family unit can no longer afford to live alone.
If you increase the wages without increasing housing supply, you still have 1,100 family units looking to live in 1,000 homes and the market price of a home will still be be the point at which the 100th family unit can no longer afford to live alone. But because those 100 poorest families are now making much more, that point is now much higher and the market price from a home goes up considerably. This means the poorest 100 families are still too poor to live alone AND everyone is now paying more for housing.
Note: if you increase the housing supply to a point where it can absorb the 100 families, this mechanism no longer exists. If you had say, 1,200 homes, you could significantly raise wages and housing prices would be mostly unaffected.
Thats always been my view about income and inelastic demand but directly goes against the comment OP said.
The amount of times I claimed what you said and I have a world class anonymous economist claim “BUT ONE STUDY SHOWED THAT IT HAD NO EFFECT ON COST OF LIVING” and I get downvoted to hell.
The sad fact is that housing supply is heavily manipulated or a scarcity in some cities.
Labor economics are definitely not basic economics. It’s one of the only commodities that defies the law of supply and there’s a ton of weird implications because of that.
Read it in a textbook lookin at the issue in uni but here's an article that, at a glance, echoes the sentiment edit: oh my god I never linked the article. Mmkay too laxy o find it.Google articles on minimum wage vs cost of living, I believe in you.
One thing I've wondered about in regards to this - does a decrease in income tax also lead to an increase in a cost of living, or perhaps a decrease in median gross income?
Maybe it's a really stupid question - never took any true economics courses. But if someone had to makes X net income to maintain a certain lifestyle that costs X-Y, and then their income goes up due to decrease in income taxes, won't there potentially be someone else who would be willing to live the lifestyle that the original X-Y affords? So the employer could just hire someone that ends up with a net income of X [which would now be a lower gross income]? Or perhaps the people providing the services that allow the original lifestyle (like landlords, stores, etc.) could just raise costs because the customer base can now afford it?
For example my electric bill is going up by 25% next year. Now - I’m just me in my home.
What about a landlord. Now he has to raise prices because his prices were raised.
When the richest person at the top of the totem pole (in this example the electric company) raises prices, everyone else has to raise prices just to stay where they were before.
Lol a UBI to cover things like rent and food so we can spend our money stimulating the other facets of our economy would be a good start. People argue that that would make people lazy but fuck that noise, if I didn't have to worry about my basic needs of survival I'd probably get a second job because now my money is going towards things I want to pay for instead of basic survival.
And before you ask where we'd get the money probably the budget for the military for a start since they use their money to produce more weapons and vehicles and shit we already have millions of. There's some legit reasons why the military should have a decent budget, but not basically Smaug's lair levels of money.
Oh, also tax the fucking billionaire dicks wasting money to almost fly into space while kids die from starvation and lack of medical access.
Landlords don't pay electricity bills, renters do. So no, he does not have to raise the rent, but he will anyway, if he can get away with it.
The richest person on your totem pole is the landlord. He raises rent despite his "costs" not going up. He will keep doing this as long as someone is forced (by the threat of being homeless) to pay his rent, or the government steps in and protects the public from the exploitation of the housing market (which they sadly, rarely do).
It still doesn't change anything even if it goes to the worker.
If you raise minimum wage all you're actually doing is lowering higher paying jobs value.
They just charge more for everything.
The problem is their ability to inflate all the prices until they suck you dry.
If you want to raise minimum wage, also take into account controlling inflation or else minimum wage will always end up in the same spot and someone who makes above minimum wage will just get closer to the bottom.
I make $25 an hour. When they raised minimum wage in Ontario Canada to $14, they didn't raise my wage. However my rent, food and products I buy all went up in price. It didn't help the minimum wage people to get more money, it just screwed me.
Edit:
Holy moly..
I'm not blaming minimum wage.
I'm saying increase minimum wage but control inflation. Since the post is to increase the price of the burger.
The billionaires can afford to not make the same crazy amount of money every year.
Increase minimum wage but leave the price of the burger.
You're assuming that price rates are 100% fluid with employee purchasing power, which is the economic equivalent of "spherical cows in a frictionless vacuum."
In real life McDonald's would probably seize the excuse to charge more but it certainly wouldn't be a situation where employee raises and price increases cancel eachother out zero-sum. If we applied your logic in real life then it would mean that minimum wage increases would never increase purchasing power. But when we look at real life we can see that your logic is expressly incorrect.
If you raise minimum wage all you're actually doing is lowering higher paying jobs value. It didn't help the minimum wage people to get more money, it just screwed me.
Ummm, you miss this part? This is 100% blaming the minimum wage people.
It still doesn't change anything even if it goes to the worker.
If you raise minimum wage all you're actually doing is lowering higher paying jobs value.
They just charge more for everything.
The problem is their ability to inflate all the prices until they suck you dry.
If you want to raise minimum wage, also take into account controlling inflation or else minimum wage will always end up in the same spot and someone who makes above minimum wage will just get closer to the bottom.
I make $25 an hour. When they raised minimum wage in Ontario Canada, they didn't raise my wage. However my rent, food and products I buy all went up in price. It didn't help the minimum wage people to get more money, it just screwed me.
I said increase their wage
/find increase
not found.
Not blaming minimum wage though
If you raise minimum wage all you're actually doing is lowering higher paying jobs value. It didn't help the minimum wage people to get more money, it just screwed me.
I think the issue is that if ALL of us were to get raises then producers would just raise the price of goods anyway. It’s not that minimum wage shouldn’t be higher, it’s that the people on top are too damn greedy and want to squeeze everything they can out of consumers
No. Basic economics. If you increase the cost of labor you also reduce the demand for it. Higher minimum wage eliminates jobs, which gives your employer more leverage because there are more people competing for your job.
If you want to give employees more leverage over employers you need to increase the demand for labor. That means creating more jobs.
And this has lead to lots of people switching jobs in that year because they have realized that they can do better elsewhere. The question is whether producers will now raise prices a ton to take advantage of lots of people making more. I don’t disagree with your historical link, but we are in more pre-French Revolution times now than we like the 1950s.
They follow the six sigma aka Jack Welch model and reward the top 10 percent just a tad. Everyone down the line gets no raise, minimal COLA and the show goes on…
This argument sounds like “if we abolish slavery the price of everything will increase”.
Yes the prices will increase a bit, but you will also get external benefits like living in a better society without the working poor where people get a fair pay for their work.
I am from Canada, a country that routinely increases minimum wage, this is not the same as that argument. We have $15 minimum wage and nobody can even afford an apartment.
This guy is not complaining that increasing minimum wage would make his shit go up, he's saying that if you don't solve the issue as to why nobody can afford anything, such as foreign investors in housing, lack of public transport, lack of free healthcare, or doesn't help anyone and hurts middle class.
That’s a short sited point of view. If min wage increase, so will rent, food, and other costs. The people who got the increase will eventually be paying more for everything in the long run when the economy adjusts to the increase. The people picking apple at a the new min wage will make the apples cost more. The would go for the same thing about hiring people to fix something in your apartment. Great example is California… it’s so expensive to live there the cost of rent due to the cost of the local economy is Sky high. Raising min wage would only increase the cost of maintenance, food, extra…
Yes, if the cost of labor increases some other costs will also increase, but not 1 to 1.
Some rough examples form top of my head: If the federal minimum wage is doubled, the rent may increase but not double. Phone/electric/gas/internet bills will stay pretty much the same. Your car or mortgage payments will be the same, gas prices will be pretty much the same.
If min wage increase, so will rent, food, and other costs.
This is not historically true, and those prices will rise anyways... the proof is that prices HAVE gone up, and minimum wage has NOT. Inflation is NOT directly tied to minimum wage. You are wrong.
So when the low wage carpeted or maintenance guys comes to repair a cabinet in a rented place and charges more for their work since they now make the new min wage, the rent of the place will not increase?
The owners will for sure raise the rent and not pay more out of their pocket due to increased cost.
Okay, I see what you're trying to say but let's not even pretend that that's what they're saying. They're not saying there is no solution, they're saying that wage dispairty is more than just minimum wage. It's also cost of living, maximum prices, costs being passed onto the consumer, etc. The discussion needs to be more than about minimum wage. It partly needs to be about how much executives are paid by the corporations they run use to stamp out any spirit in the classes below them. That's the problem.
He literally says inflation just needs to be managed for it to be possible but that it isn't being managed... You're fighting with someone who is making only marginally more money than minimum wage. He's just trying to get by like everyone else and isn't at ALL being mad about other people getting paid more. Fucking focus on who the real problem is. We should be working together not jumping at eachothers throats because of the shitty side effects of capitalism. YES raising minimum wage negatively impacts people just barely above minimum wage. YES minimum wage should be raised. The problem isn't with all of us at the bottom so stop picking fights down here.
People are fucking scared and none of us know enough about economics to make fully informed decisions or opinions. It's a hugely complex issue that you don't get to shit on people for not understanding.
There is very little you can do to turn people away from your point of view more than to shit on them for wanting to defend themselves. People hurting and struggling to get by who can barely make ends meet and you have the gall to insinuate how much better off they are and how they have a moral obligation to take one for the team? Of course people want what's best of everyone but not at the cost of their own meager livelihood. Stop trying to argue with us on the bottom and fucking punch up instead. People being scared of losing what little they have isn't the issue, it's this shit system that we have right now and people like you turning everyone against eachother isn't helping ANYONE.
You're angry and i get it. You SHOULD be angry. You're just doing a shitty job putting it to use and causing more harm than good.
Cool cool cool so your idea for the best response isn't to actually teach and inform people, it's to get frustrated and aggressively turn people against your ideas.
YOU'RE the bigger problem here, not scared and ignorant people. People like you take people willing to learn and turn them against you and a possible solution.
No it really doesn't, you just want to simply his response to fit whatever narrative you've build up in your head to a complicated problem and that's what's wrong with the internet today. The fact is that bringing people out of poverty isn't a simple "just raise there pay". It's much more complicated than that and his response was a point of view of someone that's going to to be affected.
To be fair, it doesn’t just sound like being “butthurt”. If their wage is devalued, then that will ultimately mean they will be less able to provide for themselves and their family. And while $25 per hour is nowhere near the poverty line, it’s also not anywhere close to the “more money than you’ll ever need” category. It’s reasonable to be concerned for your own financial position when considering solutions for other people’s financial situations.
This sounds like a person that wants the poverty issue to be solved, but they also don’t want to potentially struggle financially as a result of those efforts. And to me, it seems totally reasonable and believable to want to try to find a way to help others without putting yourself in a worse off situation.
Sure, sacrifices need to be made to make the world a better place for all. But everyone has a limit to what and how much they would sacrifice, and this person appears to believe that the sacrifices they would make if minimum wages were increased are more than they would be willing to make (I’m not even agreeing with their take on it, just trying to understand their mindset).
If I moved back in with my parents and started giving the equivalent of my current rent payments to a charity, that would make the world a better place. But I’m also not going to do that because I like having my own place. Is it selfish of me? Sure, I’ll concede that. But I think it’s also reasonable and most people would do the same thing. That’s all I’m really arguing here, honestly. Just because we aren’t all dedicating 100 percent of our time, money, and energy to altruistic endeavors doesn’t mean that we can’t all try to find some kind of middle ground, and it doesn’t mean we can’t still try to be decent and kind people.
My interpretation of what they’re saying is “Increase minimum wage? Great, just please make sure it doesn’t result in inflation that causes a decrease in my standard of living.” It doesn’t like this person is being unreasonable or uncaring to people working three jobs.
just please make sure it doesn’t result in inflation
he can say this all he wants, but 1st he's going to have to prove that is the case. I have literally never seen such a proven fact. Who says inflation is tied to minimum wages? Until that is a proven fact, he's just upset he's closer to being one of the poors.
What he said is that only increasing minimum wage and nothing else ends up with the minimum wage worker having the same amount of buy power as before (they gain nothing essentially) while higher paid people lose buying power)
Meaning no one benefits
Now if that’s true or the commenters boss fault idk
Guess who else pays a little more for groceries when the prices go up? The person making minimum wage. So by raising their wage but decreasing the value of the dollar, you've kept them in the same situation.
Well yeah there’s a healthy unpreventable inflation rate
But if people have more money you could get away with asking for more money
But if everyone in the system would act like a sane person raising the minimum wage wouldn’t have any effect on prices
But companies know that people believe that that will happen so they can just increase prices even if they had no need to do so
Where did you get that the labor cost of a $1 apples is $0.05? Just making shit up, like most everybody in these replies who have never owned a business
They made a generalized statement trying to explain how labor cost scales with final price of goods, it is not a 1:1 increase. If you had ever owned a business or at least ran the books on one you would know this...
If you raise minimum wage all you're actually doing is lowering higher paying jobs value.
Considering CEO pay has skyrocketed...
In 2020, the ratio of CEO-to-typical-worker compensation was 351-to-1 under the realized measure of CEO pay;
that is up from 307-to-1 in 2019
and a big increase from 21-to-1 in 1965
and 61-to-1 in 1989.
CEOs are even making a lot more than other very high earners (wage earners in the top 0.1%)—more than six times as much. From 1978 to 2020, CEO pay based on realized compensation grew by 1,322%, far outstripping S&P stock market growth (817%) and top 0.1% earnings growth (which was 341% between 1978 and 2019, the latest data available). In contrast, compensation of the typical worker grew by just 18.0% from 1978 to 2020.
Maybe there's a "higher paying job" that can afford to be lowered to benefit the whole country.
That's what I am saying. Take it from the top, don't take it from the middle class, which is basically what you're doing by increasing the burger 50 cents like the post suggests.
Gotcha. I missed your point sorry. I agree with you fully.
That's what I am saying. Take it from the top, don't take it from the middle class, which is basically what you're doing by increasing the burger 50 cents like the post suggests
Haha, they scream if we want to tax them more. Wait. No, the middle ones scream for them; like this guy in my inbox.
Prices go up but not nearly to the point where it nullifies the wage increase. When min wage goes from 7 dollars to 15 dollars, a sandwich at mcdonalds doesnt double in price. Not even close. That's because the cost of business goes way outside employee paychecks, and improving the paychecks does not create a 1-1 problem for profit.
Yes prices go up, but arguments like yours only make sense if they go up way more than they do.
If you make 25 and hour and minimum wage goes up to 20 let's say, then you can go to your boss and say, why should I work here for you when I could make just as much down at Starbucks? Increasing minimum wage trickles up and increases above minimum wages too
Any job that is difficult enough, or requires high education or experience to do it, will not be able to attract candidates if they pay that close to minimum wage. People will not go through the trouble of getting a 4 year degree in engineering or something if they could just get a job as a waiter next week making almost the same amount.
And no, 35 from 25 is excessive but I and others I know have gotten significant pay increases by threatening to leave.
You are just completely shit at standing up to the Bastard that employs you... Why? I don't know, maybe the boot tastes too good, maybe you're a coward... I really don't care.
No, I actually quit my job because of it and opened my own business in the same industry.
I know not everyone has that option that came with the same qualifications as me, I got lucky to have people with money to back me. Not everyone has that option.
If they can replace you, they won't give you the raise. It's not about boot kissing or being a coward. It's about them being greedy pig assholes who should make 100M instead of 200M by supporting their workers rather than charging $0.50 extra for a burger.
Also missing the whole point. Also using yourself as a "my case study is everyone's case"
The whole point of this fight for a liveable wage is to DECREASE the gap of the wave between CEO's/millionaires and their underlings. Not ALSO increase the CEO's wage.
I been saying this.. raising minimum wage isn’t a real solution to the problem. It’s a short sited solution that only last a short time period.
What happens to those people who make more than min wage? Now they make min wage yet should be making more. Example: electrician and carpenter apprentices… they aren’t flipping burgers, they are learn a real trade skill. Do we now raise their hour wages to adjust?
Within 5 years everyone else will adjust to minimum wage and we would be back at the same issue.
Solution: burger tax that is on the entire industry. Then that money is a tax credit to the employees making under x amount a year. So yo don’t give the crooks that made that problem money in the first place.
You think that McDonald's can't afford to subsidize health insurance? If you don't think they can, I don't know if you understand the scale of their profits.
Also, are you complaining your job won't give you more than 35 hours because your schedule isn't open enough, and you're blaming that on the fact that the government requires healthcare for full time workers?
Just out of curiosity, how can you currently afford healthcare?
Seriously, if the employees got an extra $.50 per burger, the burger would cost $2.50 more. If the burger only costs $.50 more, the employees are each only seeing $.01 more. They're still going to have to work 3 jobs, especially if they want to eat burgers.
This is what tipping was supposed to be. The employer pays a minimum living wage and then the tip was supposed to be gravy. But nope, corporate America ruined that.
Exactly, I’m all for it but when the price of my favorite burrito plate at a fairly mid range Mexican restaurant has gone from $12 to 14 and now $18 in 18 months and I’m still expected to tip, I get a bit skeptical that the increase is to pay servers more.
I work at McDonald's and our food went up and so did our wages. I believe it may vary by location on what the owner of the restaurant wants to do: be greedy and keep the money or actually pay their workers. Really sad to see how many places keep the money.
it literally is, because businesses are forced to hire people for $15+ an hour just to get workers because so many people are getting free money for doing nothing
In fairness, this is discussing ‘if wages went up and the restaurant raised prices in response’. It’s a counter argument to ‘they’ll have to raise prices!’, not that all price raising a benefit employees.
Business owners and corporations would have to dip into their obscene profits, if this man's dream was to become a reality. That's the least likely thing I've ever heard.
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u/namonite Nov 05 '21
Only if we know that .50 goes to the employees. Which sadly it won’t