Why is a $15 dollar an hour minimun wage so bad?

Why is a $15 dollar an hour minimun wage so bad?

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reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722
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[smacks lips for $15/hr]

Adults working jobs typically done by 16 year olds should be a phase that follows a recession, but ends once the economy's back up. We shouldn't be trying to make it the new normal.

Cost of living goes up.
Taxes go up.
Businesses can only afford to have less folks working for them.

I see no fucking benefit.

Why father worked 40 years in a factory to make 17 dollars an hour + health benefits + 401k. The people in McDonalds bringing him a burger are not worth that.

*businesses employ less people to compensate.

Damn, I worded that like a complete tard the first time.

it isnt, i never liked to have to talk to people at mcdonalds anyways, iPads are much easier.

Why stop at 15??


Come on, let's bump it at 100 an hour for minimum wage.

Surely nothing will happen and everything will remain the same.

It incentivizes employers to automate the process (ridding people of any paying job) and for those who can't automate the process, it drives prices up.

It's also a matter of value. Many minimum wage workers don't do a $15 value of work.

> ten dollar bill worth less than a roll of toiletpaper
> its literally cheaper to wipe your ass with money than with toiletpaper

Keep pushing this white people no longer eat fast food in favor of not having to run into minorities. How do I know this?

Take a good look at their stocks, and their earnings. Whites would rather pay a premium to deal with other whites.

All you're going to do is put the last squeeze on people like mcdonalds to have them replace their entire crew with machines.

Since I work in an industry that writes the software for these machines you're making my future that much brighter. Thanks.

If liberals had a brain, they wouldn't be liberals. I won't be happy till they are all living in ghettos making just above welfare. Then I will drive through their neighborhoods like a Jurassic Park .

Kids don't throw out food to the animals!

Because small businesses (like my friend's daycare) would be forced to shut down, sell, or raise rates dramatically.

>live in seattle
>get a raise from 9.50/hr to 13.50/hr
>get my hours cut in half because the budget can't handle it
>can't pay rent now

Fpbp
And cheked

...

Cause then the super rich won't have $32 TRILLION anymore.

They'll have $31.99T

Can you imagine the horror?

Same situation here in CA everyone works two jobs lol with NO INSURANCE.

all memes aside, this is ACTUALLY what happened in Seattle and there are plenty of reported cases of this

It would help if corporations didn't rise with the tide to keep their greedy pockets stuffed, but we all know they would.

because small employers can't always afford to pay its workers $15 an hour. higher wages means fewer wages to go around thus less jobs creating more unemployment.

I have a question, is minimum wage in America bound to everybody? No difference in age for instance?
In the Netherlands, children can only earn a certain amount of money per hour, and the wage rises everytime a kid ages.
I see a lot of arguments that burgerflippers don't deserve $15 an hour, which I think is true. So why not set $15/h as minimum wage for, let's say, everybody above 21.

If children had their own special minimum wage depending on age, wouldn't it make it more favourable for companies like McDonalds to hire 15/16 year olds? Especially for the positions that don't require that much skill anyway.

Or perhaps something like this already exists and I just don't know it.

>32 trillion. LOL The world economy is only 80 trillion.

Where the fuck are the facts?

At one point the US was basically a colony, and now we're the premier super power that is rich as all hell.

How did that happen? Where did all that wealth come from?

How did we go from being cavemen to being millionaires. It's almost as if wealth is created and not stolen. But what do I know.

No, something like this does not exist. I don't think it's a terrible idea but it also implies ageism.

Why not $50?

reuters.com/article/us-offshore-wealth-idUSBRE86L03U20120722
This is the collective sum of over 139 countries' richest. Not America.
Not only that, it states 21-32. Quite a large gap, isn't it? Almost a 50% difference between the two.

These people think companies like McDonalds and Walmart have a Scrooge McDuck vault of money just laying around, they don't get that profits ultimately lead to more jobs.

Btw the minimum wage is a living wage for a single person. The problems is, nigs try to support their family of seven with a part time job at McDonalds and think they're being cheated when they need government assistance to get by.

>get 15 an hour
>no longer qualify for benefits
why do these people work against their self interests lmao

Becuase you're asking to hand over you job to automation. Happened with the Auto industry, if the wages become too high for the job youll just end up losing it becuase employers are too pussy to lower it.

It's way too fucking high, speaking as someone who DOES support a higher minimum wage.

$10 is a nice round figure pulled out of my anus.

Fifteen dollars AN HOUR is a fucking LOT. People in my country on average get 15 euros a DAY.

>Btw the minimum wage is a living wage for a single person.
Slaves got a 'living wage' too, just enough to keep them alive to serve their masters

Pathetic Americans fighting about such pitiful wages. And this is a first world country. Or supposed to be. Laughable.

>a medical specialist here earns $14/hr

Why not $25?

Also, whoever made that image is a horrible designer.

Because $15 minimum wage disproportionately affects black and hispanic communities which are suffering from unemployment and underemployment, inadequate access to education, and systematic exclusion from entry-level and customer service positions; often because of their speech and appearance.

(this is how to convince virtue signaling retards who cant digest economic arguments)

>$15 for flipping burgers

If the cooks were getting $15 an hour for making McDonalds burgers, those burgers better taste like fucking kobe beef because I wouldn't go to McDicks otherwise.

It's not if you want to pay $12 for a Big Mac. They have to get the money somewhere...

Americans have no conception of class

>be me
>work for $6.25 an hour as a janitor / assistant
>government says I have to be paid $15 an hour
>im not worth that much
>get fired
>forced to go on welfare
>forced to not work when I want to work
minimum wage is a retarded idea no matter what the number is

Because it acts as a tax against companies that employ low wage workers. You're essentially punishing people who give work to those you're trying to help. It's moronic.

The only benefit is that it acts as a means of negotiation for labor. But it's a wholly inefficient way of doing that and causes significant deadweight losses

OP here. thanks for the replies. some of my liberal friends don't see the downside of this idea.

>Why is a $15 dollar an hour minimun wage so bad?

Why stop at $15?

Explain your reasoning.

Because not only will it kill jobs, those who will benefit (even if their hours magically remain uncut) will only do so temporarily, until prices increase correspondingly. Then the wages need to be increased even more.

Besides, they'll have to actually pay taxes with this, and the net benefit will be negligible. THAT'S the reason the dems want to raise the minimum wage; it makes it look like they're supporting workers, but they really just want to collect more tax money.

>Making less than 100/hour
>Being that poor

Sup Forums needs to have rules against poor people posting (PPP)

>hurr durr
>burgerflipper demands $15/h

enjoy unemployment.

i'd rather work for 5 dollars an hour than not be employable at all at 15 dollars an hour.

Just out of curiosity then have you heard of inflation?

Let's suppose all that money comes into the US . Whats the immediate impact on the prices of everything as the finance industry runs to front run this?

>"The research estimates that since the 1970s, the richest citizens of these 139 countries had amassed $7.3 to $9.3 trillion of "unrecorded offshore wealth" by 2010."

Wow, these numbers are all over the place. I love how they sourced it. World Bank, Central Banks. Definately legitimate.

Personally I don't care not even an iota about tax havens and all that shit.

I plan on making my own and don't worry about what others have. If spend more time learning a skill or earning money you'd be suprised how it will change your views, and your level of happiness.

Waiting for a giant bureaucracy to steal from others is for betas, and niggers.

Why do you care about the wealth of others - if it's not yours? Are you hoping for daddy to rob paul so you can pay peter?

Are you a man?

Mexico is fucking 4.28$ a WEEK. LOL

Other countries have higher min wage and nothing bad happens, in UK the min wage is $10.50 and it is easy to get a min wage job.

(Note that when I said the min wage is $10.50 I was using the exchange rate before brexit happened)

$15 in Kansas goes father than $15 in California

Are you an idiot? I pay my taxes and I want everyone else to rightfully pay their taxes. You don't even have an argument.

Are you retarded? I'm agreeing with you. I was merely pointing out how that leaf misused that article to prove some point.

Because 15 for some states is way to much, Each state has different cost of livings.

>are you an idiot
Yes he is.

>Other countries have higher min wage and nothing bad happens, in UK the min wage is $10.50 and it is easy to get a min wage job.

It's almost as if gravity works different in Europe too. What other universal laws don't apply on that continent? Peaceful cohesion through culture and genetics?

Good thing you guys have a really low unemployment rates across the Union. Good thing you're not importing tons of people that will work for nothing. IT would really fuck things up for your kids. Oh shit that's right you guys don't have kids BECAUSE YOU FUCKING CAN'T AFFORD THEM.

I don't know the cost of living in murrica, but a decent minimum wage is an excellent idea, if your borders are closed.
More people would see value on working and will stop leeching from wealthfare.
Wage slave will have some more money for themselves, some of them will open small business, more people in the middle class, more competition, more opportunity for everyone.

This is going to hurt the middle class, not help. Many small businesses are already struggling to pay the cost of labor. If that increases suddenly, these businesses have to increase their prices accordingly if they want to keep the employees. After that, the customer may decide not to spend the money. The employees then lose their jobs and the small business may even shut down. The other possibility is that the customer decides to spend the money. In that case, the customer's cost of living increases due to many businesses increasing their prices. WTF happens to the customer if his bosses can't afford to give him a raise?

>Are you retarded?

Severely hung-over this morning. So yes. Sorry bro I didn't mean it.

Watch as companies fire employees, raise prices, and go out of business. All those people getting their 15 bucks suddenly find themselves unemployed, but "we won!".
If you understand anything about economics you should easily notice how raising minimum wage to 15 bucks is only going to hurt the people.

>BECAUSE YOU FUCKING CAN'T AFFORD THEM

Pretty much everyone can afford children, it's actually the lower class people who have the most.

I'm up for more automation and I fucking hate talking to slackjaw failures taking my order, so I'm all-for it.

A lot of restaurants would close down and prices would skyrocket, making cooking more popular.

>Automation gets cheaper
>Labor gets more expensive

Gee I wonder what will happen.

It's okay, bro. We all make mistakes.

This is another thing that doesn't make sense. It's implying burger flippers in west bumblefuck that are never busy should be paid the same amount as burger flippers in a bustling metropolis that have to bust their ass all day.
Where do these people get off?

I am all agreeing with you except This, You can't live on minimum wage. One time getting sick and you are fucked beyond belief.

>Pretty much everyone can afford children, it's actually the lower class people who have the most.

Odd they don't have jobs to have to afford the kids. It's almost as if they are exempt from the economics of the situation. Where have I seen this before?

Oh, I know america's ghettos. Also it's a well known fact that the more money a family has the more kids they have. (That aren't on welfare)

This also explains why american families size peaked the same time as our wealth peaked.

>IT would really fuck things up for your kids
You know that developed countries in yurop have labour shortages, not job shortages right?

It will kill small businesses maybe big corporations could float it but every small business would go under or get super fucking expensive no one go there and it go under in a month. Even if big corps did it they will just find a way to replace you I mean Amazons entire wear houses are run by robots

Because you faggots don't know how does economy works.

>get fired
>forced to go on welfare
>forced to not work when I want to work

>get replaced with CleanBot1138

I work part-time in CA 36 hours a week and I have a 3 bdr apartment I rent out one room, and I eat papa johns for every meal. (I order it 10x a month)

Most people can't handle money or sacrifice of any kind. To a mexican 500$ a week is like giving an american 1,000,000 a week. Learn to handle your money and stop playing like your nigger rich.

Rent = 650 a month
Elect = 150 a month
Water = comes with rent
Cable/Internet = 50 a month.

Live within your means.

The purpose of the $15 minimum wage proposal is not what the useful idiots pushing for it think. It's not to make minimum-wage livable (or else the proposal would be for an actual living wage, tied to independently gathered economic metrics), it is to motivate more rapid automation for 'service economy' invented-jobs. This will cause a large, fast rise in the unemployed rate, many/most of whom will never recover any form of employment. It will herald the undeniable commencement of Structural Unemployment as a fact of life, and (it is hoped) finally end the use of 'the welfare state' as a bogeyman.

Really? Why aren't they importing from countries like greece with 45% unemployement then. You know the ones that they share borders with.

I work in finance. Please try me. Europe has higher unemployment than the US by leaps and bounds 1/3 of Europe is already in a recession.

That flag is fucking Hungary. He specifically said euros why the fuck do you associate it with Mexico. Holy shit the "LOL" to. Are you by chance 14 years old?

>welfare state talking about how to run a country

Neither of our countries know what they are doing, both will collapse.

Yes, and I'm sure all that money was made in fast food.

The thing is a lot of part time workers are considerably older than that. I'm a racist but I think being an ageist is almost evil. A person with remarkable skill shouldn't be limited by his age. I do believe 15 year olds should be allowed to work at a lower wage however there needs to be a limitation on how many you can have so that companies can't exploit the shit out of it.

...

holy fuck thats expensive.
i earn 900€ a month and my monthly expenses are in a 2 bedroom apartment 9th floor (roof level)
Communals = 50-60 (water & heating)
Elect = 25
Internet = 30 (100mbps upload / 100mbps download)

I spend about 200-300 on food monthly.

I got to watch these dumb niggers practice their speeches before a recent convention.

Muh fuggin whitey need to gibsmedat

pic related. I was laughing my ass off at these apes.

>Why is a $15 dollar an hour minimun wage so bad?
damn, so much money

the CDU wants the immigrants in Germany to work for 1€ an hour

What about insurance you nigger

10 Dollars is more than enough.

"Wez need ta rise up!"

Or a well rounded meal that is not going to kill you, Papa Johns for every meal? That actually a lot more expensive then making meals with cheap ingredients so I don't think you should be talking about money management

Health insurance, phone, car insurance, gas, things like toilet paper and laundry detergent, etc...you live without all of that?

You're not paying rent and utilities and living off of pizza. You're lying about something. And how the fuck do you work 36 hours a week and be only part time?

>minimum wage is a retarded idea
americucks everyone

I am pretty sure the dude is living with his parents or trolling. Either way he got me rustled so I congratulate him on that.

If you knew anything about capitalist economics you would know he's right. There have been decades and decades of studies and metrics showing that unemployment rises with minimum wage. It might work in a socialist marxist fuckhole but not in a capitalist country.

You aren't worth $15 an hour.

It's almost like small businesses and corperations have to pay an arm and a leg or something.

It isn't bad, though. In a few short years I'll be getting my burgers from a robot instead of a nigger.

I'm not a fan of drastic measures but it can't be helped then. I rather destroy everything than let people live like rats.

>build big wall around country
>force minimum wage
>every company that tries to circumvents it comes onto the wall
>every company that tries to flee the country comes onto the wall

Because you are trying to make a career out of minimum wage work.
If you want to make more money, learn a skilled trade or get a degree.

Why would a $15 big mac combo be bad?

working with minimum wage people currently, what they are paid already is too much.

So, lets get back on track to what it would do to the economy.

oh yeah, inflation, that thing, everyone seems to conveniently ignore inflation.

how about just because they raise the minimum wage to 15, does that mean that everyone else is going to get a raise?
no.

so effectively someone who makes $20 an hour is going to be getting a $7 an hour pay CUT due to inflation and protectionism from other businesses.

all that is being done is marginalizing the middle class and making the lower class bigger while making the upper class richer.

its very simple.
Raise min wage to 8 dollars
raise the minimun wage periodically in relation to inflation.

Because you and I would have to pay some nigger $15 an hour when his dad wouldn't even stick around to give him an allowance.

Should be a nigger holding the sign.

Thats Bulgaria u idiot, how are Americans so bad at geography