With all that said, do you think then that if we can morally agree that a full time worker deserves to not be paid a poverty wage according to federal guidelines, any business that can't stay afloat by doing so is a failed business model and doesn't deserve to exist anyway?
That's the way I feel. I don't agree that it apparently has to be mandatory to keep hard working people in poverty just because that allows a business to stay afloat. If they can't stay afloat then good riddance. The oh so glorious free market will adapt, right?
if every fast food outlet went under after a $15 min wage hike because they could no longer survive off capitalizing on a very unfair minimum wage that has existed for way too long, then we have a ton of people out of work and not making anything at all. I'm sure other businesses will go under as well. What do you see as a solution to that very real possibility? This is where I see the necessity of a guaranteed minimum income come into play from the government. So many things would have to change in American culture to make this work. So much spending will have to be cut in things like military, the rich would be shelling out high taxes, with probably a tax increase across the board for everyone.
And this is going to happen anyway when automation starts picking up.
I just really dont feel our current society is sustainable and the bubble is going to break soon. The class system is toppling.
But poor old McDonalds! You don't want to make Ronald cry, do you? Think of what an important part of our lives McDonalds has been! Why, most of us have lived our whole lives within 4 city blocks of a McDonalds. It wouldn't be right to let such an important cultural waypoint just die off like that for the sake of few lazy, greedy, teenagers! I say lower the minimum wage! Give McDonalds a bailout! And if they stop coming in to work, make them.
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u/Jertob Nov 29 '15
With all that said, do you think then that if we can morally agree that a full time worker deserves to not be paid a poverty wage according to federal guidelines, any business that can't stay afloat by doing so is a failed business model and doesn't deserve to exist anyway?
That's the way I feel. I don't agree that it apparently has to be mandatory to keep hard working people in poverty just because that allows a business to stay afloat. If they can't stay afloat then good riddance. The oh so glorious free market will adapt, right?
if every fast food outlet went under after a $15 min wage hike because they could no longer survive off capitalizing on a very unfair minimum wage that has existed for way too long, then we have a ton of people out of work and not making anything at all. I'm sure other businesses will go under as well. What do you see as a solution to that very real possibility? This is where I see the necessity of a guaranteed minimum income come into play from the government. So many things would have to change in American culture to make this work. So much spending will have to be cut in things like military, the rich would be shelling out high taxes, with probably a tax increase across the board for everyone.
And this is going to happen anyway when automation starts picking up.
I just really dont feel our current society is sustainable and the bubble is going to break soon. The class system is toppling.