Does AOC know $15 minimum wage in states like Mississippi will put people out of work?

[Kilroy2]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.


It is not hard to argue that point.......they are not subsidizing anyone..... Those companies have jobs they want filled, the people voluntarily take those jobs at the wage advertised. The employer is not responsible for every facet of the lives of their employees...we had that once, it was called slavery, and the democrats loved it...

The company is not subsidizing, it the government that is subsidizing with various government programs that are in place to assist the needy thus it is paid by the taxpayer

If they were making more money then they would probably be not eligible for these programs. Still it will depend on how many kids they have

 

[Moonglow]

The first legally adjudicated slave owner...was a Black guy...

Anthony Johnson (colonist) - Wikipedia

In 1653, John Casor, a black indentured servant whose contract Johnson appeared to have bought in the early 1640s, approached Captain Goldsmith, claiming his indenture had expired seven years earlier and that he was being held illegally by Johnson. A neighbor, Robert Parker, intervened and persuaded Johnson to free Casor.

Parker offered Casor work, and he signed a term of indenture to the planter. Johnson sued Parker in the Northampton Court in 1654 for the return of Casor. The court initially found in favor of Parker, but Johnson appealed. In 1655, the court reversed its ruling.[10] Finding that Anthony Johnson still "owned" John Casor, the court ordered that he be returned with the court dues paid by Robert Parker.[11]

This was the first instance of a judicial determination in the Thirteen Colonies holding that a person who had committed no crime could be held in servitude for life.[12][13][14][15][16]

The Irish slave trade began when 30,000 Irish prisoners were sold as slaves to the New World. The King James I Proclamation of 1625 required Irish political prisoners be sent overseas and sold to English settlers in the West Indies. By the mid 1600s, the Irish were the main slaves sold to Antigua and Montserrat. At that time, 70% of the total population of Montserrat were Irish slaves.

The Irish Slave Trade – The Forgotten “White” Slaves - Global Research


During the 1650s, over 100,000 Irish children between the ages of 10 and 14 were taken from their parents and sold as slaves in the West Indies, Virginia and New England. In this decade, 52,000 Irish (mostly women and children) were sold to Barbados and Virginia. Another 30,000 Irish men and women were also transported and sold to the highest bidder. In 1656, Cromwell ordered that 2000 Irish children be taken to Jamaica and sold as slaves to English settlers

 

[U2Edge]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

View attachment 264073

The Federal minimum wage across the United States in 1968 was $1.60, even in the state of Mississippi. Adjusted for inflation for the year 2018, that is the equivalent of $11.68. So people making minimum wage in Mississippi in 1968 were making the equivalent of about 12 dollars an hour after you adjust for inflation. Were their any business or employment problems in Mississippi in 1968? Nope. It sure is easier on Business's now that they are paying their minimum wage workers 40% LESS than they made in 1968. But whether its $12 dollars or $15 dollars, that minimum wage level is not going to destroy business in Mississippi. People will have to adjust of course. Obviously some business's won't be able to manage the switch. But saying that Business can't survive or operate under those conditions is a LIE because business's in Mississippi used to pay minimum wage levels close to $15 dollars an hour back in 1968 once you adjust for inflation!

 

[Cecilie1200]

Fifteen dollars an hour is not a lot of money even by Mississippi terms.

Why do I suspect you've never spent any time in Mississippi?

 

[Cecilie1200]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

Okay, a couple of things.

It's easy to argue with "If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour." You know how? McDonald's isn't paying those workers; the small business owner franchisee running THAT PARTICULAR RESTAURANT is paying them. McDonald's, the large corporation with the shareholders to which the dividends are paid, doesn't actually make and sell burgers, you know. It makes its money off of selling franchises and collecting rents and fees from the franchisees. So you're conflating two completely different sets of people there.

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

 

[danielpalos]

Show me those express powers, money wasting right wingers.

Why do you hate Black People and want to kill them in Planned Parenthood Extermination Centers, and then undercut the ones that escape your attempted murders and undercut the rest of American Minorities and the poor's chances for Upward Mobility by dumping Cheap Mexican Slave Labor on the Labor Market?

why should i take the right wing seriously? our Founding Fathers were wise than y'all, put together.

 

[Andylusion]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

 

[healthmyths]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

Okay, a couple of things.

It's easy to argue with "If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour." You know how? McDonald's isn't paying those workers; the small business owner franchisee running THAT PARTICULAR RESTAURANT is paying them. McDonald's, the large corporation with the shareholders to which the dividends are paid, doesn't actually make and sell burgers, you know. It makes its money off of selling franchises and collecting rents and fees from the franchisees. So you're conflating two completely different sets of people there.

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

Plus ignorant of business people don't seem to realize that raising to $15.00 means actually in one year for McDonald's 218,000 employees McDonalds' franchise owners
will pay nearly another $500 million in payroll taxes...i.e. 6.2% of $15.00 x 40 x 218,000 x 52 weeks.

 

[Mr Natural]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

 

[healthmyths]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Well keep that thought as this image will replace that teenager who is getting more than just a paycheck working at that minimum wage job.

 

[healthmyths]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

 

[OnePercenter]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

tRumps corporate tax cut lowered federal taxes paid by corporations by 50%. Why can't the businesses use the tax cuts by raising pay and/or benefits, I did?

 

[Cecilie1200]

Fifteen bucks for an hour of someone’s life?

Seems pretty cheap to me.

Yeah, stuff always seems cheap when you're demanding that someone else pay for it.

 

[OnePercenter]

But of course those favoring the $15/hr nationally are also truly ignorant believing one size fits all.

Those that bash the American Workers are commies!

 

[Cecilie1200]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

tRumps corporate tax cut lowered federal taxes paid by corporations by 50%. Why can't the businesses use the tax cuts by raising pay and/or benefits, I did?

You are such an enormous liar. "I did", my ass. Do you really believe anyone is remotely fooled by your "Internet billionaire" act? Maybe you're paying your dog to spend time with you, but that's about it.

 

[rightwinger]

It will double their GDP

 

[U2Edge]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

There is nothing artificial about it. A $1.60 in 1968 is the same as $12.00 in 2019. The Business community had no problem paying wages like this in 1968, so the idea that they would now is totally false.

 

[U2Edge]

Yeah they ain't gonna pay those illegals fifteen an hour when they can pay them less than eight now them capitalist must live in big mansions and fly jet planes.
Keeping wages low and cost of living high is how the robber barons make their living.

The CEOs are not the cause of this.

If you collected all $8 Million dollars they paid the CEO of McDonalds, and gave it to all the employees, it would be less than $37 per person, per year. Now unless you think that one cent an hour, is going to make a difference in people's lives, then the problem isn't CEO pay.

And additionally, most of that $8 million isn't cash. It's stock, and it's stock the CEO can't sell for years. If you pay your hourly employees in stock they can't sell, they'll be worse off, not better off.

The bottom line is, if you jack up the price of labor, in areas where people are too poor to pay more money for services, then they stop buying the service. If they stop buying the service, then people lose their jobs.

The minimum wage is always zero.

When you raise the minimum wage, you increase low wage workers ability to buy more products and services. That actually provides a better boost for economic growth than tax cuts for people making over $100,000 dollars a year who never change the consumer habits when they get a tax cut.

 

[U2Edge]

It may not be reasonable for everyone but it is hard not to hope for those to get at least 15 dollars

Amazon and Disney has minimum wage to 15 dollars

If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour."

Hard to argue that point

According to one study, U.S. taxpayers are subsidizing the low pay at McDonald's to the tune of $1.2 billion a year.

hard to argue that point

In-And-Out starts at 13 dollars

people

Target says that it will go to 13 dollars
Costco 14 dollars
Walmart and CVS 11 dollars

People need the money and it will allow them to give their kids more opportunities to succeed if they can manage their money

If the lower wage states do not keep up with the high end states then so be it.
There are consequences as young people will leave

But then again older people who have had some success and ready to move on will move back

Okay, a couple of things.

It's easy to argue with "If McDonald's can afford to give its shareholders $7.7 billion, it can afford to pay all its workers $15 an hour." You know how? McDonald's isn't paying those workers; the small business owner franchisee running THAT PARTICULAR RESTAURANT is paying them. McDonald's, the large corporation with the shareholders to which the dividends are paid, doesn't actually make and sell burgers, you know. It makes its money off of selling franchises and collecting rents and fees from the franchisees. So you're conflating two completely different sets of people there.

And artificially inflating the minimum wage doesn't give anyone "more opportunities", unless you consider collecting welfare because all the jobs dried up as small businesses closed to be an "opportunity".

Plus ignorant of business people don't seem to realize that raising to $15.00 means actually in one year for McDonald's 218,000 employees McDonalds' franchise owners
will pay nearly another $500 million in payroll taxes...i.e. 6.2% of $15.00 x 40 x 218,000 x 52 weeks.

McDonalds had no problem paying their workers the equivalent of $12.00 dollars an hour in 1968 when you adjust for inflation. Sales and profits were GREAT for McDonalds in 1968. THE BIG MAC was introduced to the McDonalds menu in 1968!

MAKE MCDONALDS GREAT AGAIN! Make sure their workers are at least making what they did in 1968, which was $12 DOLLARS and hour when adjusted for inflation!

 

[OnePercenter]

View attachment 264072

A Heritage Foundation analysis from 2016 estimated that a $15 federal minimum wage would wipe out 7 million jobs. Hardest hit would be workers, businesses, and economies in areas with low costs of living. (like Mississippi where cost of living is 87% of USA standard.
Mississippi cost of living is 87.8% Mississippi Cost of Living

Liberal activists demand a “living wage,” but the truth is that only a tiny handful of hourly wage workers make the minimum wage or less (4 percent), according to the Employment Policies Institute. On the contrary, a whopping 44 percent of hourly workers currently earn at or below the proposed $15 minimum wage.

Now consider what the $15 minimum wage would do.

For a restaurant that employs 10 minimum wage workers, a $15 minimum wage hike would cost them about $170,000 per year. If the restaurant currently earns profit margins of 5 percent, it would have to increase sales by $3.5 million per year, or an extra $67,000 every week.

But that is not realistic. The likely scenario is that they’ll either have to cut working hours or fire some workers altogether. Either way, most people are worse off than before.

Lawmakers Are Pushing a $15 Minimum Wage. Here Are 3 Disastrous Consequences That Would Result.
Robotic waiters...

tRumps corporate tax cut lowered federal taxes paid by corporations by 50%. Why can't the businesses use the tax cuts by raising pay and/or benefits, I did?

You are such an enormous liar. "I did", my ass. Do you really believe anyone is remotely fooled by your "Internet billionaire" act? Maybe you're paying your dog to spend time with you, but that's about it.

It's very telling that you can't rebut anything that I write.