Prove easing the minimum wage to 15 dollars an our is a bad thing.
Peer reviewed sources only.
Prove easing the minimum wage to 15 dollars an our is a bad thing
Carter Stewart
Other urls found in this thread:
marginalrevolution.com
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nelp.org
fee.org
archive.is
nber.org
youtube.com
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youtube.com
marketwatch.com
twitter.com
Matthew Allen
>see seattle
SAGE
Jeremiah Torres
spics getting $15/hr will make me rob them all.
Lincoln King
>easing
Prove to me you understand English.
Kayden Martin
...
Elijah Robinson
Real estate market is on the verge of collapse again. The retail apocalypse has already started. Medical and student debt continue to rise despite being unpaid, while megacorporations begin to swallow competitors and monopolize. They have the technology to replace a worker with a robot for less than $15/hour provided they lease or stay optional for several years.
Likelihood is that a living wage will be instituted following a massive depression.
If you're able to still make $8.00/hour over your living wage you would literally be the new middle class.
But, if $15/hour happens, there is no reason to offer you more than a small apartment with tap water and processed food.
Cameron King
It increases unemployment.
Jacob Foster
How many jobs will be lost at each entry level work place. Lets say 8, 2 shifts 4 people each. How many jobs will be created for these low skill employees?
Xavier Jackson
Operational*
Cameron Edwards
marginalrevolution.com
This is the tldr of the findings of the commission seattle wanted. Next.
Eli Baker
Millennials in Seattle are taking home less money now, and they haven't even got to $15 an hour yet.
Luis Hughes
I hear they're commissioning a new (((study))) because they don't like the results of this one.
Liberalism is a mental disorder.
Andrew Phillips
why dont we make it $25 an hour? people need to make a living here
Isaac Sanchez
It will also expand the tax base, when these $15 an hr employees find out they no longer at in the lowest tax bracket they will riot.
Colton Collins
There it is, the memorized leftist leech snarky response
Ayden Jenkins
peer reviewed source? you puke. How about actual business owners first hand accounts? I cant afford to pay it and maintain a healthy bottom line. The point of a business if to make money, all I am doing is firing part time and hiring 2 managers to do the job of 5 people. I lose 5 employees saving me enough to pay the salaries of 2 people who then get to work their ass off.
t. a business owner.
Connor Adams
Oh I found it.
Leftists are a joke.
Jayden Gomez
I make way more than that so if this happens I might have to cut back on my housekeeper and have her come every other week. Similarly I might get rid of my lawn guy and start cutting my own grass. Lots of my neighbors will do this too. And most of the minimum wage jobs will just be automated because this will cost large companies billions.
Jacob Gray
No, I don't want to prove it to you. I want your commie states to fail. Make it 20 dollars.
Tyler Gray
It's bad for basically everywhere except California. Inflation is so ridiculous over here 15 dollars an hour still wouldn't be shit.
Oliver Ramirez
what a stupid pic. niggers gonna get taxed on 7 per hour and be left with 5 something.so the 15 with 50% tax IS better even in your bullshit scenario
Dominic Hughes
Didnt Monterrey do something in the late 90s where they raised the city wage to $18 an hr?
Julian Ward
lol. why dont YOU work harder
Leo Gutierrez
If you are underpaid, then vote with your labor and leave the company. They'll either raise your pay, be helping the competition, or be removing a useless asset (which I'm assuming you are since you're a lefty).
If you can't be employed elsewhere, then become an entrepreneur. You will either succeed and become wealthy based on your own merits or fail and further prove your incompetence.
There, thread over. Now we can all ignore this shill thread for good.
Grayson Phillips
dunno, just ask these minimum wage workers
Wyatt Fisher
Nah. Currently if you are a minimum wage slave you qualify for EITC, which is essentially welfare that comes to you in your tax "refund". Plus all the other benefits that you qualify for at current minimums. Now, it would be entertaining if we could somehow stop the income requirements for food stamps, section8, etc from going up and then institute a minimum wage that was above that. If done in a manner that was gradual it could lead to the elimination of handouts and allow most wealthy people to increase their wealth, and wealth is always a good thing imo.
Ryder Bennett
The problem is inflation. If government would get out of the private sector and stop spending so much darn money our dollar would be a hell of a lot stronger.
Hunter Perez
>EITC
$506 with no qualifying children
irs.gov
$500 a year? sit down faggot
Michael Price
Next stop: the beaners in the back. Can't wait for the glorious day that I can get a perfectly cooked hamburger served without lip from a restaurant staffed by 2 highly paid engineers.
Jonathan Lee
They will double down soon and say we need 20 per hour.
Brandon Bennett
...
Noah Sanchez
lol I thought that person in your pic was Hitler for a sec
Evan White
elaborate. seattle was tiering it, it isn't even in full effect.
Nicholas Myers
$100/hr you pussy!
Jackson Davis
Guess you forgot about the standard deduction? Not a surprise.
$7.25 * 40 * 50 = $14,500 year
$14,500 - 6,350 standard deduction = $8,150 taxable income in lowest 10% bracket = $810 taxes paid - $506 = $304 taxes paid
Of course, if you have niglets there is the deduction for them and then the EITC can be as high as $6,269, meaning you actually got free money. Of course, you likely got many other gibs, and I'm just simplifying.
John Green
nelp.org
>70 years of data find no correlation between minimum wage and employment levels
>hurr durr we can't increase wages, it'll make things even worse
good goy
Brody Phillips
Can confirm. It's $13 in San Francisco and it's still expensive as fuck.
Kayden Roberts
If I made $16/hr, and they raised the minimum wage to $15/hr, why would I keep my job?
If I could just work unskilled labor making burgers for $15 that was once valued at $7.25, why would I keep working that much harder for a dollar more?
Samuel Scott
All those jobs referenced in the image are now non existent in the west, so they were right.
Connor Edwards
because they found better alternative... choal got replaced by gas etc... u dumbass
Oliver Cruz
But they were right, these businesses went on to need gov bailouts time and time again
Angel Davis
Even the most useless fucks will be entitled to $15. The only people worth hiring will be demanding $25.
Elijah Parker
...
Anthony Wood
They should give everyone one hundred trillion dollars, those greedy fucks. What could go wrong?
Thomas Murphy
this would be unironically great, burger engineer a legit career choice
Jose Hernandez
Also lack of fucks given if other countries do if as long as we get our t-shirts for pennies. We'd be fucked if human rights were universal.
Lincoln Price
Fuxking jew inflation never existed ww2 germany was photoshop educate urself
Dylan Collins
Get rid of tipping too
Michael Gonzalez
>easing
>an our
>Paying people with a 4th grade English level $15/hour
Kayden Bennett
This. And fuck the other person saying YOU should work harder. I work my damn ass off 7 days a week growing my business. I have over 20 employees (mixed managers plus staff plus sales reps). If I payed all my employees $15 an hour I would literally be out of business. Idiots who post this stupid shit have never run a business (let alone a successful business) in their fucking lives. My low end staffers make above minimum wage already and my manager and high end staff/sales team is making a shit ton of money and none of them are older than 25. I have 19yr olds with no college making 30k a year. I never had that kind of job at their age. Shit, I have adult friends who will never make that much and they have college degrees.
Fuck this $15 minimum wage bullshit and anyone who pushes it. As soon as that shit happens in my state all I can do is fire the low end staff and replace them with machinery that will do their jobs. I've already looked into it just in case. I enjoy giving young adults an opportunity for employment but that's not purpose of a business.
Charles Gutierrez
Of course it kills jobs: the minimum wage was a Progressive idea DESIGNED to kill jobs for eugenics purposes.
fee.org
archive.is
Asher Thomas
you're right.
It can never happen though
Liam Ramirez
>it isn't even in full effect.
thank god, since the negative affects seem to get worse as the wages rise.
Lincoln Ortiz
you could work instead of posting in Sup Forums.
Julian Cook
Is that an example of Zimbabwean high technology or high art on the bank note?
Nicholas Green
Because your effective quality of life has gone up. Less stress at home means less stress at work means a higher quality workforce. We've already seen this happen with stores like Fred Meyers or Winco: You pay your employees more and you get more out of them.
And if jobs are lost then that's a problem with the market, not the wage itself. If the market can't sustain a livable wage for its employees then the market is inherently fucked. Not just that but having a low minimum wage is a net negative for capitalism as instead of spending money and circulating it back into the system they are forced to spend it on things that don't actually help smaller businesses (ie bills, loan repayment and cheap subsidized food).
If you're an accelerationist you should be all-for sharp minimum wage hikes to force us into the future of automation faster. If you're a capitalist you should be for it since it increases the circulation of money in the economy.
Chase Taylor
The only people opposed to $15 minimum wage are greedy business owners and people too retarded to get an entry level job. Get skills and minimum wage wont apply to you.
$15.25 here soon to be $16 . Society hasn't collapsed here.
Jaxson Barnes
Socialism fails.
Jack Allen
Government finds it easy to pay this wage, because any time that they run short of money, they can just sign a few papers then start increasing the amount they steal from the taxpayers. Monopolies work very well when they can also use weapons to force people to buy their products at whatever price they want.
William Sanders
Hey idiot. It's late in the day where I am. I also work from 6am till about 8 or 9 at night. If I spend anytime at all on here it's because I fucking can after working almost 12 hours in a day. Go get fucked in the froggy poop hole while sipping a late in your Muslim infested bombed out cafes.
Isaiah Phillips
>bad thing.
How about a good thing?
Brody Ross
>Prove easing the minimum wage to 15 dollars an our is a bad thing.
No kid ever said they wanted a minimum wage job when they grow up.
saged
Juan Rivera
It sounds like your business is shit if you can't afford a minimum wage hike that high. Considering 30k/year is already around $15 an hour. With how retarded you are at math, it wouldn't surprise me.
Also 30k a year is chump change. I was making 6-figures fresh out of college. I've also worked at small businesses (~40-50 people) that could afford to pay well above minimum wage because they didn't pay their middle managers a retarded amount.
William Hall
I don't agree with raising every minimum wage job to 15 dollars an hour, but some jobs instead should pay above minimum wage, burger flippers don't need that kind of cash, but where I live EMT's and road workers get paid minimum, and the reality is that if minimum wage goes up that high people doing important jobs just aren't going to do them when they could be flipping burgers for the same amount.
Cooper Hall
Me and two of my peers all say it's bad.
Christopher Kelly
Neither of the people that wrote that article have degrees in economics, and you can't do a study like this because there doesn't exist a "control group" of areas where there are no minimum wages. The only area you can study, are areas that have a minimum wage.
Matthew Bennett
People got replaced by machines.
William Jenkins
Go fuck off. Business owners aren't greedy you dumb fuck. We run a business. Which cost a lot of money to run. Expenses don't get paid out of magic fairy dust.
Asher Brown
What do you mean "Livable wage" people who make 3$ an hour can survive on it. It's not a matter of a "livable wage" it's a matter of "I want a wage that suits my lifestyle". The issue shouldn't inherently be increasing the cost of employees, but lowering the cost of living. Also seattle shows how fucked it is to try an institute a 15/hr wage.
Joseph Thompson
3% unemployment, booming employment
k
William Johnson
Minimum wage laws have done more harm to blacks than slavery.
Justin Turner
>1 post by this ID
sage
Connor Bennett
>$15.25 here soon to be $16 . Society hasn't collapsed here.
Aren't you products nearly twice as much as those in the US? STRAYA has $21 minimum wage or whatever and they always complain about expensive items.
Eli Butler
Read the bill again, fucking retard, not everyone is paying $15/hour year. Minneapolis just passed $15/hour, not until 2024.
Jeremiah Morales
>Greedy business owners
>Business owners aren't greedy you dumb fuck.
Wow your illiterate no wonder you have a hard time running a business.
Anthony Long
This study came out a week ago.
Seattle's high minimum wage hasn't cost jobs, study finds
king5.com
Then the corporate shills came out with a debunked fake news study that 3% unemployment and booming wages is a bad thing. They literally used this chart pic rel.
Liam Smith
Going by the average number of hours worked by a minimum wage employee (15$/hr), the average yearly take home of a minimum wage employee at his job would be 36k (Yes, all of that is being taken from the business). Now, just pulling a random number of low-end employees who work for him (Let's say 12), that would mean he has to pay an extra 72,000$ per year, because of a minimum wage increase, to employees that in all likelihood didn't even need the raise.
Parker Jackson
You didn't even read the rest of my post, so good job.
A livable wage means being able to afford non-essential things without breaking your wallet. Capitalism requires people that can actually buy into it. People who can only spend money on barebone shit to survive (and people can survive making $0 an hour if you want to move the goalposts further) will not feed the economy. They don't contribute to growth.
And what's your other solution? More tax cuts? Let companies hoard even more money instead of circulating it?
Nathan Hernandez
(((Peer)))
Dylan Reed
>marginalrevolution.com
i read the same thing yesterday, damn jews will pay anyone to say anything they want.
Kevin Gray
That's for Seattle. I'm FOR a $15/hour min wage.
.
I'm not a corporate shill or billionaire globalist supercuck
William Wright
Greed has nothing to do with it. Everyone is inherently greedy. But an employer who pays someone $15, who only returns about $10 worth of value, is a net cost to the employer, so the position will cease to exist. The employer will only hire someone if it will make them some amount of money, but never if it will lose them money.
Businesses that make a habit of money-losing decisions will go broke and shut down, to be replaced by more cost efficient businesses in darwinian fashion. That's why it doesn't matter how greedy or generous the employer is. The result is guaranteed to be the same.
Dominic Rodriguez
Again, retard, not every business in Seattle has $15/hour, not until 2020. NO study should matter until 2020.
Leo Wilson
$72,000 a year is almost literally nothing to a well-ran company. If your margins are so thing that you're only making around 40-50k or so a year then your company is fucked regardless of a minimum wage increase.
It means your company is non-stable. If something were to happen to you, your business or an employee everything would go bust.
John Fisher
This is the american dream, you may not like it
Ryder Smith
Ive travelled to US, id say about 20% more expensive if you include currency rate. Meat and fresh food is far better quality here though.
Property and rent prices are more what we complain about. But that would be because of all the chinks, yanks, bongs and kikes buying up all the land. If it wasnt for $15 min wage a lot of people would be homeless.
Grayson Howard
>there are still cashiers
>there are cooks
They're all making $15/hour.
Lol u corporate shills are such fucking degenerates
Brody Jackson
1.Your post is not some economic gospel, I'm not obligated to read whatever tripe you post with a proud democrat flag
2.By what metric do we define "non-essential". Do you mean just food, shelter, and heat? That can be afforded far more then easily, it's almost impossible to work a job in the US and not have access to those things in some form. Why then, should the wage be far in excess to this.
3.My solution is to end tariffs and taxes, to allow goods and services to be allowed on the market more cheaply, and more freely. It's funny how you're a "democrat" but want to support the policies and politicians that help the very things you're against.
4.Neck yourself you dumb faggot.
Angel White
They're being phased in. So we can measure the changes constantly. The first tier is already at $15.
When do the job losses you corporate shills promised me, happen?
Cause so far employment is booming.
Jayden Allen
This Marxist position has been debunked time and time again. If you think minimum wages put more money into the system, you're committing the broken window fallacy, and simultaneously neglecting the impact of people whose wages have been reduced to $0 (unemployment, the "real" minimum wage).
Evan Wright
>you silly goys you must work for me for as little as possible
Hudson Price
"I never took a basic economics class 101"
Business isn't guaranteed profit margins for years after it is started. For all we know, the guy COULD be just barely scraping by through no fault of his own. The fact you think every business should be a powerhouse and turning a huge profit margin, shows you have no idea how reality works.
Anthony Kelly
back to India, you reek.
Henry Allen
Employment goes up and unemployment goes down when you raise the minimum wage to $15/hour youtube.com
Samuel Sanchez
This doesn't factor in hours worked. The recent article published in the fee shows that even though employees are still retaining their jobs to an extent (And not even that is really known), employees are losing hours, and losing money. But you can look at unemployment all you want you dumb leaf.
David Harris
Yes, and money earned goes down. Now please either kill yourself or leave this thread you dumb shitposter.
Carter Clark
Percents don't matter as much. I could hire 99 employees out of 100 citizens and give them 1 hour a week and have 1% unemployment.
Samuel Brown
The problem with this logic is that companies have a vested interest in keeping the wage of their employees as low as possible. Hence why minimum wage AND immigration-control is needed: If there was no minimum wage and no control of immigration you would see the value of labor drop sharply.
As much as we whine about how a cashier's job is barely worth shit, the reality is that we could bring in some poor mexicans or africans, abolish the minimum wage and pay them absolutely nothing. That's how farms operate as-is.
Plus there's extreme flaws in judging employee value. For example an employee might return $15 for every $10 you pay him, but he badmouths your company and costs you customers and further workers. An employee might cost $15 for every $10 you pay him, but he actively draws in new customers or shops at the place he works.
Gavin Sanchez
You know that corporate shill report has been debunked right?
Hours worked are booming in Seattle. That's what happens at a 3% unemployment rate. I don't think you understand the labor market.
That report just took a few small mom and pops and said a few workers lost a few hours. That's what you corporate shills are basing your entire argument on.
You're arguing that higher wages are bad. Your corporate shill report was damage control because this came out a week ago.
Seattle's high minimum wage hasn't cost jobs, study finds
king5.com
Michael Reich, a professor at Berkeley’s Center on Wage and Employment Dynamics, said the new Seattle study is flawed and should not be taken at face value. He argued the sample size is too small and excludes large-chain restaurants.
The report “is problematic” and its conclusions “unwarranted,” he said. Reich co-authored a recent study that argued Seattle’s higher minimum wage did not hurt employment.
Owen Richardson
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